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Bob Gilhooley's avatar

Today's thought..

Donald Trump, a self proclaimed billionaire, cannot provide enough collateral to secure a bond .

His next alternative is to liquidate enough holdings to provide the $500+ million himself. Most likely it would involve a massive fire sale and since we can assume there is significant debt on his holdings, it might still not provide enough equity to make the payment.

He has several choices none of which are good for him.

1. Let the court proceed with the liquidation

2. Declare bankruptcy thereby poking a massive hole in his boasting of his wealth.

3. Cowtow to Russia, Saudi Arabia or another Arab nation to lend him the money unsecured by anything except his sworn loyalty to their interests. In this way he can continue his dutiful service as a useful idiot.

4. Convince an Elon Musk or someone of that ilk to lend him the money in exchange for promises of very favorable treatment from the future White House should he be re-elected. ( e.g. all court cases to be heard by Judge Cannon.)

5. As a last resort, ask Melania for a loan. She probably has more money than he does.

Note: There is no vaccine for this pox.

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Sky 777's avatar

What the heck is up with Texas. Yeah, I know, they have been declaring their true nature for a while now. (See barbed wire killing children crossing the Rio Grande, Uvalde voting overwhelmingly for gun-loving Republican candidates just 5 months after an AR toting shooter killed children and teachers, corrupt and criming AG getting a pass from the bought and paid for TX Senate, etc.). Time to secede Texas. Really. Go. Get out. We will bring Puerto Rico in as the 50th state to replace Texas. We will build a wall to keep Texans and their toxic inhumane policies out. We will suck it up and make do without their oil, wind turbine generated electricity, beef, and cotton. Do they still grow cotton? We won’t have our tax dollars going there, especially to modernize their defective electric grid. We will all eat less beef, thus improving our health so we live to collect Social Security benefits that we have been paying into forever. Oil is on the way out anyway, so yesterday! And there is plenty of sunshine for solar in NM, AZ, UT, NV, etc. Also lots of wind in Wyoming. Really, adios Texas. And all this coming from a native born and bred Texan. I can not believe what has happened to that state.

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