General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCan we Buy Trump's Debt
Have to get the lawyers here on it. But it would be a wonderful counter narrative to set up.
As has been pointed out the bank holding the majority of it is shopping it so we could probably get it at a bit of a discount. Which of course would be huge politically.
The Debt is a huge national security risk and so the attempt would be able to highlight it, put that in the founding documents.
If we set this up right it would be a huge burr under the saddle. If we set it up in a way that monies raised would go to 2022 senate candidate challenge funds if it fails and/or the money realized from it does so, it could also generate a Red state response which would double the effect.
Lets not forget how much of his power derives from the successful businessman image, damaging that would have a huge impact.
Statistical
(19,264 posts)There is a reason most banks won't answer Trump's phone calls.
exboyfil
(17,862 posts)would sell the loan at a discount recognizing that fact. Also you have got the unpopularity of the loan. Trump's assets do have some value.
Let Trump experience what is like for the rest of us trying to deal with creditors that don't give you any favors.
judeling
(1,086 posts)going after assets in court, would extend the narrative. In addition recovery of costs would be part of the judgement. Additionally those assets would be independently valued by the court.
What we establish is a entire couple of year media event that can be used to cudgel Trump and his enablers.
exboyfil
(17,862 posts)Now wouldn't that be a hoot especially if Soros squeezes him in a very public fashion. Seriously all the crap they say about him, it might be an opportunity to get some revenge.
Raven123
(4,828 posts)safeinOhio
(32,673 posts)should they not inherit their debt. Seems fair to me.
exboyfil
(17,862 posts)If you are personally responsible for debts, those debts are supposed to be paid before the assets are distributed. If not the creditor can come after those assets (for small amounts and highly liquid it becomes very difficult to collect, but real estate and items of high value can be tracked and those receiving them or funds from selling them can be sued as well).
pansypoo53219
(20,971 posts)keithbvadu2
(36,775 posts)Buy the debt with the condition that Eric, Donnie Jr, Jared, and Ivanka personally co-sign/guarantee the payback.
They would have to reveal their net worth to do it.
Of course they would not to do it.
They know what a deadbeat Daddy is.
BainsBane
(53,031 posts)never getting paid back. That's why Deutsche Bank can't unload it.