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    Joy Reid Revels in Trump’s Financial Misery, Claims He’s ‘Broke’ and ‘Begging for Money’

    By Charlie Nash,

    2024-03-22

    https://img.particlenews.com/image.php?url=1Da1mB_0s0vIlI400

    MSNBC host Joy Reid claimed former President Donald Trump was “broke” and “begging for money” on Thursday as Trump continues to search for the funds to pay for his whopping $454 million appeal bond.

    On her MSNBC show The ReidOut , Reid opened, “We begin tonight with some cold, hard facts. Donald John Trump is broke and begging for money.”

    She continued:

    He owes New York state roughly $454 million and the deadline to put up a bond if he wants to appeal, or a deposit on the debt, is Monday. If he fails to do so, New York Attorney General Letitia James can move in on Trump’s bank accounts or real estate. His lawyers, paid for by the RNC, are telling the court that he doesn’t have the money, which leads us to another fact. Trump has for decades lied about his wealth and about the valuation of his properties. He also has a history of not paying back his loans, and so most self-respecting financial institutions and wealthy individuals don’t want to take a chance on him. Too risky. And here’s another fact: no bonding company will accept real estate, which accounts for most of Trump’s wealth, as collateral.

    Reid said that “Trump, who back in the day was ridiculed regularly by the media for his multiple bankruptcies, is not considering going that route this time, despite it being the most effective way to freeze the payment requirements, and the reason for that is pride.”

    She then concluded, “Donald Trump doesn’t have the cash to pay his judgement, nobody seems to want to help him, so he is now left to beg for money. Frankly, those are not the signs of a strong candidate.”

    Trump protested the situation in a rant on Truth Social, Thursday, claiming it was not even possible for bonding companies to lend him such a large amount of money.

    “If I sold assets, and then won the Appeal, the assets would be forever gone,” Trump noted. “Also, putting up money before an Appeal is VERY EXPENSIVE. When I win the Appeal, all of that money is gone, and I would have done nothing wrong.”

    On Tuesday, Senior Fox Business Correspondent Charlie Gasparino pointed out that “generally, Donald doesn’t have a great record at paying back banks over the years,” and added, “So, you can sort of surmise from that what you will… You gotta ask yourself why they’re not throwing him some bucks now.”

    Gasparino also acknowledged that some billionaires might fear retaliation from the New York attorney general if they help Trump in any way.

    Watch above via MSNBC.

    The post Joy Reid Revels in Trump’s Financial Misery, Claims He’s ‘Broke’ and ‘Begging for Money’ first appeared on Mediaite .
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