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The Trump Train Wreck! By Gene W. Edwards. Posted 2/17/2024.
As promised, but after some delay — of three weeks or so — New York finally fined Trump for fraud on 2/16. He may later face income tax charges. Some three weeks ago I predicted we’d hear by 2/17. The media and lawyers garbled the story, the amounts, by millions of dollars! See below for a compilation of the real fines. I also predicted, and was sure, Trump would not be barred from doing business for life. Instead, it was for three years, and two years for Eric and Donald Jr.
Trump will need to close and sell all his NY properties because he can’t do business in NY, nor obtain any loan from a bank in NY. Some of his properties may sell for pennies on the dollar, or NY will run them until they’re sold.
In truth, when it’s all over, shortly before Trump has to “don” his permanent orange jump suit, with stripes, Trump may be reduced to becoming a hamster running on a belt, or become a caddy at one of his former golf clubs, or picking up pop bottles and cans along highways and selling them for two cents each. I exaggerate, of course. What’s the real deal? I’ll tell you.
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Trump has some six or eight New York properties. He owes money on some of them or is just a partner. His 40 Wall Street building alone is worth some 450 million dollars. Buyers will not be falling all over themselves to buy properties from a fraudster whose name and brand is mud for most Americans — but Trump owns, or partly owns, several golf clubs in other states…