Forbes Magazine: 'This Is Why Donald Trump Will Need A Lot More Than $540 Million'

Source:Forbes Magazine with a look at the self-proclaimed King of Debt, Donald J. Trump.

"Even if former President Donald Trump figures out how to pay his mounting legal fees, he’s still going to be scrambling for cash for years to come. Forbes staff writer Zach Everson joins "Forbes Talks" with Brittany Lewis to discuss." 

From Forbes Magazine

“I’m a New Yorker, and New Yorkers know a con when we see one,” he said to cheers from the audience.

“We’ve heard a lot of talk in this campaign about needing a leader who understands business. I couldn’t agree more. I’ve built a business, and I didn’t start it with a million-dollar check from my father,” he said in a slam to the real estate mogul’s background.

“Throughout his career, Trump has left behind a well-documented record of bankruptcies, thousands of lawsuits, angry shareholders and contractors who feel cheated, and disillusioned customers who feel ripped off,” Bloomberg said. “Trump says he wants to run the nation like he’s run his business. God help us.” 

From CNN

From what I wrote about Donald Trump from back in October: 

"4-5 years ago, longtime Republican strategist and now political filmmaker Mark McKinnon, who served for both President George W. Bush and then Senator John McCain, was on CNN Tonight with Don Lemon. And they were talking about the current investigations into Donald Trump dealing with the 2016 presidential campaign and potential investigations that could be facing then President Trump, once he's no longer President, whether he's not reelected in 2020, or leaves office after his 2nd term would've been over in 2025. 

Mark McKinnon told Don Lemon that the biggest personal mistake that Donald Trump ever made in his life, was getting elected President of the United States. The 2nd biggest mistake that he made, according to Mark McKinnon, was running for President of the United States. Why? Because now that Mr. Trump is in the public eye full-time, all these new investigations not just about his presidency, his business career, or personal life, but how his business and personal affairs affect his presidency, will be under public scrutiny." 

From The New Democrat 

Just for the record: Michael Bloomberg is a real-life billionaire, unlike Donald J. Trump. Mr. Bloomberg has the financial statements to prove that. And he's a lifelong New Yorker. Again unlike Donald J. Trump, who now makes his home in primary in Florida. 

I think that Mark McKinnon quote or paraphrase is critical here. Had Donald Trump never even ran for President of the United States, maybe he is an actual billionaire today because he wouldn't be so buried in debt. And maybe Manhattan, New York is still is main home today. 

But, with Mr. Trump's business background, combined with his own political philosophy, that's really just completely centered around himself and obtaining as much political and governmental power for himself, he's pissed off so many people, in so many different jurisdictions, including a lot of very smart and well-accomplished prosecutors, like New York Attorney General Letitia James, (just to name one) his whole political and business background, are now not just in the spotlight, he can't make a move, or say a word without bringing public scrutiny to himself. 

And Mr. Trump is going to be paying for all his bad business and political decisions for the rest of his life. Unless he can pardon himself and get someone else to bail him out financially.  

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