Donald Trump Should be President Because He is Rich

Donald Trump for President: Because He's Rich!

Donald Trump for President: Because He’s Rich!

TUESDAY UPDATE: Trump says he is running for President. As our friends at “The Fix” explain, this is bad news for Republicans:

Trump’s candidacy is a terrible thing for politics — plain and simple. Here’s why: Trump can’t and won’t be ignored. Ever.

Because he is a well known name — most people know and don’t like him but they do know him — Trump is, at the moment, in the top 10 of national polling among Republicans. That means, according to the rules of the first debate being sponsored by Fox News in August, Trump will qualify to be on the big stage…

…As pure entertainment, it’s hard to Trump trump because, as I mentioned above, he’ll say just about anything. “Nobody builds walls better than me,” he said at one point today. “I will never be in a bicycle race,” he said at another. I could give you some context for those quotes except that there is no context. That’s what makes Trump such great copy. That’s what makes Trump so irresistible to write about and read about. It’s also what makes Trump so dangerous to the political process.


New York real estate mogul and famous person Donald Trump may announce his intentions to run for the Republican Presidential nomination as soon as Tuesday. As the Washington Post reports, Team Trump seems to be banking on the idea that voters want a rich white dude to be President again:

Donald J. Trump, the billionaire real-estate mogul, on Tuesday will release a summary of assets that total about $9 billion as part of his likely entry into the race for the Republican presidential nomination, according to people familiar with his plans.

The two-page document — which will be published after he holds a political rally at Trump Tower in New York — will provide a valuation of his hotels and other properties. It will also show hundreds of millions in cash on hand and an outline of his debt, the people said…[Pols emphasis]

…Trump’s speech announcing his decision is likely to center on his career and fortune. He is expected to cast himself as an entrepreneur and outsider eager to tangle with the party establishment and U.S. economic rivals abroad, such as China. The financial statement drafted by his office is aimed at demonstrating his success as a businessman, as well as proving to skeptical GOP leaders that he is serious about running.

One goal of Trump’s camp is to make the cut for the Republican primary debates this summer and fall, which will require him to rank within the top 10 in national polls, among other factors. By divulging details about his finances, Trump believes he will be going above and beyond what will be necessary to win a place on stage, according to people familiar with his thinking.

This two-page document that Trump is expected to unveil probably makes a good case for him to be “President of Monopoly,” but is he seriously planning on running a campaign for U.S. President based almost entirely on the fact that he is rich? Maybe Republicans can convince him to at least pay for a bigger clown car.

12 Community Comments, Facebook Comments

  1. FrankUnderwood says:

    Be still my racing heart!  We should be so lucky just to have him in the GOP race.

  2. FrankUnderwood says:

    If he wins, maybe he'll reconcile with one of the ex-wives. Ivana or Marla……for FLOTUS!

    And since he's so concerned about making the top ten cut for the Faux News debate, he's released his portfolio size (i.e., $9 billion) to impress all. It would have been easier for him to just buy Faux News.

    own community?)

    He has also made disparaging remarks about other plutocrats who ran for president. Mitt Romney doesn't even match up to the Donald's Gucci Shop.

    Unlike the rest of the GOP candidates, at least the Donald won't have to kiss the Koch for $$$.


  3. Davie says:

    At least he'd know how to eliminate the national debt — stick to the suckers! After screwing his partners and investors 4 times in bankruptcy, the first thing he'd do is wipe the slate clean!

    Trump has never apologized for using Chapter 11 as a business tool — indeed, when he spoke to my FORBES colleague Keren Blankfeldrecently, he noted that many “great entrepreneurs” have used bankruptcy to restructure debt, free up capital and improve their businesses.

    “I’ve cut debt — by the way, this isn’t me personally, it’s a company,” Trump said. “Basically I’ve used the laws of the country to my advantage and to other people’s advantage just as Leon Black has,Carl IcahnHenry Kravis has, just as many, many others on top of the business world have.”

    If Carly Fiorina was VP, I could imagine them figuring out in short order how to become instant Trillionaires.  Make America Work (for them)

  4. Arvadonian1 says:

    I'll believe he is running when he files the required financial disclosures with the FEC.  Until then, this is nothing more than a publicity stunt.

  5. Voyageur says:

    I'm with Blue Cat.  My net worth is probably greater than Donald Trump's — as is your's, if its even one dollar in the black.  And at least I didn't screw investors who trusted me out of their savings.   This scumbag makes Ponzi look responsible. 

  6. DaftPunk says:

    The man is clearly not trustworthy.

  7. Half Glass Full says:

    And he wants Oprah Winfrey as his running mate. Seriously.

    You can't make this shit up.

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