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no_hypocrisy

(46,122 posts)
Sun Jun 20, 2021, 03:40 PM Jun 2021

A few reasons why Trump went for "the Big Con,"

namely bilking the U.S.A. while President.

1. He's good at it. He's been doing it on a small stage all his life. He was playing "The Palace" once he was elected in 2016.

2. Trump is a keen consumer of media. He watches more television and cable than people hired by the networks. He knew his audience(s).

3. Trump looked to see what had worked before 2016. Stuff like how Kim Kardashian milked her 5-minute wedding and marriage for two days on the E-Channel. She got lots of money for advertisements. She got lots of attention. And she was forgiven when she had enough with Kris Humphries. Trump saw that and rhetorically said "How hard can that be?"

4. Same thing with the Bravo Housewives Franchises. Some really bad behavior and yet these women have staunch fans no matter what they say and do.

5. To do a con, you need a mark who doesn't catch on that you've robbed him. Enter the RWNJs, the Evangelicals, the Kochs, the Birchers, the gun nuts, And Trump's still robbing them today.

6. Trump cheats, even he doesn't have to. Exhibit One: golf

In other words, the "Board" was set

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A few reasons why Trump went for "the Big Con," (Original Post) no_hypocrisy Jun 2021 OP
The simple fact he's been a conman his entire life is the most illustrative Hugh_Lebowski Jun 2021 #1
Google says he searches himself sixteen times a day. Grasswire2 Jun 2021 #2
I certainly hope he has clicked on some of the things I've said about him. -misanthroptimist Jun 2021 #4
Only 16 times a day? calimary Jun 2021 #7
Plus he's likely broke! leftieNanner Jun 2021 #3
Debt Service On Normal Term Loans... ProfessorGAC Jun 2021 #5
Won't it be wonderful leftieNanner Jun 2021 #6
It's a variation on the Bartcop rule # 1. jaxexpat Jun 2021 #8
Bartcop. Grasswire2 Jun 2021 #11
Aye. jaxexpat Jun 2021 #12
The board was set... Harker Jun 2021 #9
how bad can it be when bank's classifying you & company a huge risk !!! monkeyman1 Jun 2021 #10
 

Hugh_Lebowski

(33,643 posts)
1. The simple fact he's been a conman his entire life is the most illustrative
Sun Jun 20, 2021, 03:46 PM
Jun 2021

However the support he knew he had coming from Russia played a role too I think ...

calimary

(81,322 posts)
7. Only 16 times a day?
Sun Jun 20, 2021, 06:19 PM
Jun 2021

I would have guessed maybe five hundred 16 times a day. Or at least five dozen.

ProfessorGAC

(65,076 posts)
5. Debt Service On Normal Term Loans...
Sun Jun 20, 2021, 05:32 PM
Jun 2021

...was already oppressive.
Now that he's toxified his "brand" revenues have plummeted, asset value has fallen, making debt to equity untenable for new lenders.
The loans you're talking about that are on top of debts his organization could barely cover.
Given the layers of debt, it appears he was borrowing against inflated asset values to cover the payments on debt already existing.
A grand version of check kiting.

leftieNanner

(15,124 posts)
6. Won't it be wonderful
Sun Jun 20, 2021, 05:44 PM
Jun 2021

to see Trump Tower on the auction block for pennies on the dollar!

You can only pay one credit card with another one (ad infinitum) for so long.

jaxexpat

(6,833 posts)
8. It's a variation on the Bartcop rule # 1.
Sun Jun 20, 2021, 06:33 PM
Jun 2021

If a person makes a "mistake" and profits by that "mistake", expect them to continue making that same "mistake" as often as possible. In this case it goes, "if a conman who considers the whole world his "mark" succeeds with one of his harebrained schemes, expect him to continue milking that sucker forever."

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