This just keeps getting stupider
Donald Trump is, without debate, the biggest financial fraudster of all time. This is a guy who has spent his entire life trying to pretend he was wealthy while shuffling debt around. He’s bankrupted more properties than most people will ever own. The courts have ruled that his entire “Trump Organization” empire was a con. And that’s the short list.
Now things are predictably taking a turn for the, shall we say, stupider. After Trump was assigned nearly half a billion dollars in penalties for a lifetime of financial fraud, he posted a $175 million bond – from a company that the NY Attorney General alleges isn’t even eligible to post such a bond.
Even as we wait for the AG’s legal challenge against the questionable bond to play out, Trump announced on Saturday that he was hosting a fundraiser that would net $50.5 million – a number that’s as small as can be while still allowing him to claim that he raised more than double what President Biden raised in a recent record-setting fundraiser.
Even as Donald Trump is being dismantled financially because of his lifetime of fraud, now he’s posting possibly fake bonds and posting possibly fake fundraising numbers. But keep in mind that it’s a lot more difficult to get away with financial shenanigans while everyone is watching. The bond is already being challenged in court, and if he faked his fundraising numbers, that’ll come out in the quarterly reports. Trump isn’t “getting away” with anything. It’s all just so predictable, and so stupid.
Bill Palmer is the publisher of the political news outlet Palmer Report