Home > Uncategorized > Here’s how long Donald Trump can run, with the cash he has on hand

Here’s how long Donald Trump can run, with the cash he has on hand

Here’s how long Donald Trump can run, with the cash he has on hand

The Washington Post’s The Fix ^ | July 24, 2015 | Philip Bump

Posted on 7/24/2015, 6:03:52 PM by 2ndDivisionVet

Donald Trump is very adamant that he should be president in part because he is not financially beholden to anyone. “I’m using my own money,” he said during his campaign announcement speech. “I’m not using the lobbyists. I’m not using donors. I don’t care. I’m really rich.” To prove his point, he held up a sheet of paper detailing his assets. Billions in real estate and stocks! Rich guy. Doesn’t need donors.

It didn’t take long, though, for people to point out the obvious. Entrepreneur Mark Cuban — himself so rich that he has his own social network — pointed out that there’s a big difference between being worth billions of dollars because you own office buildings and being able to spend billions on a campaign. “Let’s say you own a painting that gets appraised at $10 billion,” Cuban said on “Cyber Dust” (his social network). “That gives you a net worth of 10 billion. But that does not mean you have a lot of cash. How much cash does Donald have? We don’t know for sure.”(continued)

(Excerpt) Read more at washingtonpost.com …

via Here’s how long Donald Trump can run, with the cash he has on hand.

via Here’s how long Donald Trump can run, with the cash he has on hand.

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