Not The Onion

12358 readers

1998 users here now

Welcome

We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!

The Rules

Posts must be:

Links to news stories from...
...credible sources, with...
...their original headlines, that...
...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”

Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.

And that’s basically it!

founded 1 year ago

MODERATORS

kescusay

605

Eric Trump says he was laughed at while attempting to secure his dad's $454 million bond (www.salon.com)

submitted 8 months ago by [email protected] to c/nottheonion

55 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] RattlerSix 78 points 8 months ago (2 children)

Meanwhile, Daddy was bragging on truth social that he had $500 million in cash a couple days ago

[–] sYnoxjj 15 points 8 months ago* (last edited 8 months ago) (1 children)

Wait. Hasn't he a gofoundme going? If he is bragging about having the money already, what does he need the donations for. 🤔

But what do i know.. I'm just a dumb European and the conservative Americans are so much smarter then me. They'll def are correct in further donating for Don Poorleon. 👍

[–] [email protected] 10 points 8 months ago

He claims he has half a billion in liquid cash.
He has a donate to his legal expense portal.
He's attempting to borrow from anyone dumb enough to lend to him.
He's using the RNC as a personal piggy bank.

Some of these may overlap. And borrowing to pay expenses while using the interest as a tax deduction is a long utilized tool of the rich. But his real assets are intended to act as collateral on these loans.

With outstanding loan debt, judgments that can seize his assets, and mounting other leaks in his financing, this is his margin call on all the bad bets he's made. Including betting on himself.

He thinks that simply having his name on something means it's his to do as he please. But when the government and the banks start calling, it's his ass.