By David Glenn Cox
As we watch the slow decline, dismantlement, displacement and fall of Donald Trump, a pattern appears. Because of an inborn insecurity planted sometime during childhood. Donald Trump must constantly brag about his wealth. He owns this office building, just him and the bank. But his name is on the paperwork first, so it’s his. Ten years later, he borrows against the equity to buy another building. See, he’s rich!
Collecting rent and making mortgage payments and living off the fluff. A house of cards and promissory notes. That’s why the bonding companies aren’t interested in helping Donald Trump out. Say the building is appraised at ten million and there is a mortgage. The equity is three million and the fire sale price might not be that much. Let’s say $2.5 million and then there are the capital gains taxes. The Real Estate fees and the state and local taxes to be paid.
On paper, the building might be worth ten or a hundred or a thousand billion dollars. But in cash? Trump will be lucky to have bus fare home. Trump only owns the equity and the income; the banks own the rest. Now, you, being a sharp Real Estate investor, see Donald Trump about to be pants over the barrel by the government. What sort of offer are you going to make on his properties knowing he HAS to sell?
These things take time to sell and the interest payments for which Trump is liable for swell. They might have to sell the whole Trump properties portfolio to squeeze out enough juice. And there still might not be enough, because Trump has already taken out a bond for $81 million. They are first in line behind the government and the banks.
If it’s good news Trump says it, but if bad Trump’s lawyers say it. Calling Trump’s inability to land a bond. “A practical impossibility” you can’t trade a baseball card collection and cat’s eye marbles for a multimillion-dollar bond. (Insert dramatic music here.) Unless the Supreme Court cracks open the sky and demands the Treasury write a check, Trump is cornered.
The illusion will be broken, and orange Zeus must fall from Mount Olympus. And found to be just another cranky old man. A bad man and a bad wizard, and not really a wizard at all. Just another carnival faker who tempted fate. Who traded his safety and security to stand on the top step of the ladder of success.
Already unhinged, doped by the opium of power the junkie thinks he’s in control. He has millions of mental midget minions fluffing the orange Fuehrer and giving him a bad case of the Elvis syndrome. Nobody tells Elvis the truth, “No, you don’t look fat, boss. “Bloodbath” That’s a great idea boss! Sure, I’ll get your pills for you King.”
Trump can’t hide this wound. Tommy must now stare into the reality mirror. “I just won’t think about that today. I’ll think about that tomorrow.” This isn’t just Trump’s business assets being sold off, this is Trump’s whole persona on the block. Sentenced to be exposed before his peers. Tear down the wall! Tear down the wall! Oh, the irony, the man who wanted to build a wall has his own walls torn down.
Trump will be playing amputee Twister, without enough right foot reds to cover all the spaces. Not just bonding companies but Trump money troubles persist on all levels. Trump chloroforming the Republican Party has sent a chill through the room. Any dollar amount given to the RNC now is just gone, and don’t you ask where it went. It went to the boss, nuff said. Huey Long’s deduct box.
Jared and Ivanka will be alright they’ve already fed at the trough. But what about the boys still suckling at the hind tit? Still living rent free in daddies old building. “What’s this note on my door? It says E, E, Eviction. Why this is an outrage! They want me to pay rent or get out!“ Can you imagine the boy’s resumes? “ I worked in my daddy’s company until we went broke. I was Vice President and dad’s son in charge of all lunar and Atlantan assets. And I also worked the coffeemaker and kept charge of all the office staples.”
What about Trump’s other money issue, namely his wife Malaria. Noted for her attachment to high value shopping and high value individuals. How will she adjust to shopping the Spring collection at J.C. Penny? Her new coat says, “I do too fucking care!” When the money flies out the window, where does true love go?
Mar-A-Lago is safe for the time, being in some sort of weird trust situation. But Donald Trump is not even supposed to be living there! But if you can’t successfully prosecute a former president for high crimes and misdemeanors including sedition in this country. What chance would you have prevailing in a Real Estate dispute?
But for Icarus, the wax has melted, and it’s a long way down.
Sometimes, you just have to laugh at what these people do to themselves. In Texas, the one-star state. The legislature instituted age restrictions on internet porn sites. Pornhub is one of the largest of these sites decided to drop out of the Texas rub and tug market, leaving Texans holding…the bag. Within 24 hours, hundreds of thousands of horny Texans were looking for VPN’s (Virtual Private Network) so as to be able to reconnect and relieve themselves at their favorite Porn site. The speed and the volume of requests was/is astounding. Can’t you guys use your imagination?
What will we ever tell the preacher? Jesus says; Keep your hands where we can see em! This week’s sermon; Thou shalt not spank the monkey! Remember; Jesus is always watching you, so cover up and use a towel!
This Carbon Based Life 