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BerlinFokus<p>and remember:</p><p>all the above <a href="https://berlin.social/tags/consumer" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>consumer</span></a> <a href="https://berlin.social/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> are "securitized" .. meaning they are spread around everywhere in the <a href="https://berlin.social/tags/FinancialMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialMarkets</span></a></p><p>just like 2008</p><p>😬</p>
BerlinFokus<p><span class="h-card" translate="no"><a href="https://mastodon.scot/@Lassielmr" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>Lassielmr</span></a></span> </p><p>Well, <a href="https://berlin.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> (lets forget for a moment all the other shit he's doing) has a valid point.</p><p>Current state is that basically the rest of the <a href="https://berlin.social/tags/world" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>world</span></a> is dumping their <a href="https://berlin.social/tags/products" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>products</span></a> into the <a href="https://berlin.social/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a>, pushing its <a href="https://berlin.social/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> higher &amp; higher.</p><p>This isn't sustainable.</p><p>But the way he is adressing this problem (agressive &amp; unilaterally) will make it totally worse.</p>
Susan Larson ♀️🏳️‍🌈🏳️‍⚧️🌈<p><a href="https://mastodon.online/tags/DonaldTrump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DonaldTrump</span></a> Has Run Into <a href="https://mastodon.online/tags/MoneyProblems" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MoneyProblems</span></a> Due To The <a href="https://mastodon.online/tags/Cost" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Cost</span></a> Of His <a href="https://mastodon.online/tags/Rallies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Rallies</span></a> </p><p>These <a href="https://mastodon.online/tags/unresolved" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>unresolved</span></a> <a href="https://mastodon.online/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> aren't just a <a href="https://mastodon.online/tags/burden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>burden</span></a> for <a href="https://mastodon.online/tags/city" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>city</span></a> <a href="https://mastodon.online/tags/governments" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>governments</span></a>; they also negatively impact the <a href="https://mastodon.online/tags/taxpaying" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>taxpaying</span></a> <a href="https://mastodon.online/tags/residents" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>residents</span></a> of those <a href="https://mastodon.online/tags/municipalities" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>municipalities</span></a> </p><p>— No City should be giving Trump any <a href="https://mastodon.online/tags/credit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>credit</span></a>, they should be demanding to be <a href="https://mastodon.online/tags/paidupfront" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>paidupfront</span></a> for their share of the <a href="https://mastodon.online/tags/expenses" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>expenses</span></a> related to his <a href="https://mastodon.online/tags/propaganda" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>propaganda</span></a> <a href="https://mastodon.online/tags/rallies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>rallies</span></a>. </p><p><a href="https://www.thelist.com/1672673/donald-trump-facing-money-problems-due-to-rally-costs/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">thelist.com/1672673/donald-tru</span><span class="invisible">mp-facing-money-problems-due-to-rally-costs/</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/SCOTUS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SCOTUS</span></a> refuses to allow Biden’s <a href="https://masto.ai/tags/StudentLoan" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>StudentLoan</span></a> plan<br>
The <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> admin plan, known as <a href="https://masto.ai/tags/SAVE" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SAVE</span></a>, offers lower monthly <a href="https://masto.ai/tags/student" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>student</span></a> <a href="https://masto.ai/tags/loan" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>loan</span></a> payments &amp; a faster path to <a href="https://masto.ai/tags/LoanCancellation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LoanCancellation</span></a> for millions of borrowers.

SCOTUS refused to clear the way for the Biden’s new student loan repayment plan, adding to uncertainty about the future of a program that would affect millions.

<a href="https://masto.ai/tags/Education" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Education</span></a> <a href="https://masto.ai/tags/StudentLoanDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>StudentLoanDebt</span></a> <a href="https://masto.ai/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> <a href="https://masto.ai/tags/Republican" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Republican</span></a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/ActivistCourt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ActivistCourt</span></a> <a href="https://masto.ai/tags/PartisanCourt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PartisanCourt</span></a> <a href="https://masto.ai/tags/AffordableEducation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AffordableEducation</span></a> <a href="https://masto.ai/tags/racket" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>racket</span></a> <br><a href="https://www.washingtonpost.com/politics/2024/08/28/supreme-court-blocks-biden-student-loan-repayment-save-plan/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">washingtonpost.com/politics/20</span><span class="invisible">24/08/28/supreme-court-blocks-biden-student-loan-repayment-save-plan/</span></a></p>
William Lindsey :toad:<p>Alex Shepherd says Trump faces "an apocalyptic financial situation": </p><p>"Strapped for cash both personally and politically, Trump is desperate for money and, judging from his deranged posts lately on Truth Social, it’s sending him into a tailspin of panic."</p><p>This creates a dangerous situation:</p><p>"He badly needs big donors—and he’s clearly willing to change policy proposals on a host of issues, from China to entitlements, to get them."</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> <a href="https://toad.social/tags/NationalSecurity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NationalSecurity</span></a></p><p><a href="https://newrepublic.com/article/179958/trump-legal-debts-real-corruption-risk" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">newrepublic.com/article/179958</span><span class="invisible">/trump-legal-debts-real-corruption-risk</span></a></p>
William Lindsey :toad:<p>“'I don’t need anybody’s money. I’m using my own money. I’m really rich,' he boasted in 2015. ...</p><p>Here’s the real story of what’s going on. Trump is burning through cash and paying his mounting legal bills with money from donors. Federal Election Commission filings reveal just how bad it is for Team Trump."</p><p>~ Dan Rather</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/money" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>money</span></a> <a href="https://toad.social/tags/FEC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FEC</span></a> <a href="https://toad.social/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> <a href="https://toad.social/tags/crime" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>crime</span></a> <a href="https://toad.social/tags/bond" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bond</span></a></p><p><a href="https://steady.substack.com/p/can-trump-afford-to-run-for-president" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">steady.substack.com/p/can-trum</span><span class="invisible">p-afford-to-run-for-president</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/TrumpMedia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpMedia</span></a> merger wins investor approval, netting <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> *potential* windfall<br>
TFG will own ~60% of <a href="https://masto.ai/tags/TruthSocial" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TruthSocial</span></a>, which at its current share price would be worth ~$3.3B.</p><p>*A lockup agreement will prevent him from selling the shares for 6 months.*</p><p>A long-delayed move that will open the owners of TruthSocial to stock-market investors &amp; grant Trump a stake worth billions he could use to pay down his <a href="https://masto.ai/tags/legal" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>legal</span></a> <a href="https://masto.ai/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a>.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/finance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>finance</span></a> <a href="https://masto.ai/tags/tech" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tech</span></a> <a href="https://masto.ai/tags/SocialMedia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SocialMedia</span></a> <a href="https://masto.ai/tags/extremism" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>extremism</span></a> <a href="https://masto.ai/tags/investment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>investment</span></a><br><a href="https://www.washingtonpost.com/technology/2024/03/22/trump-mediamerger-vote/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">washingtonpost.com/technology/</span><span class="invisible">2024/03/22/trump-mediamerger-vote/</span></a></p>
William Lindsey :toad:<p>Roger Sollenberger and Reese Gorman report that Trump’s PAC Burned $230,000 a day on legal bills in February:</p><p>"On Wednesday night, Trump’s 'Save America' leadership PAC—the political committee that now functions primarily as his legal slush fund—reported paying lawyers $5.6 million last month, according to Federal Election Commission filings. That’s well above the $5 million total the PAC raised in the same period."</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/debt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debt</span></a> <a href="https://toad.social/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> <a href="https://toad.social/tags/SaveAmerica" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SaveAmerica</span></a> <br>/4</p><p><a href="https://www.thedailybeast.com/trumps-pac-burned-dollar230000-a-day-on-legal-bills-in-february" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">thedailybeast.com/trumps-pac-b</span><span class="invisible">urned-dollar230000-a-day-on-legal-bills-in-february</span></a></p>
Chuck Darwin<p>In 2021, the Boston Globe editorial board asked: “♦️Who owns the president?♦️”</p><p>It’s a reasonable question. We didn’t know the answer then. We still don’t.</p><p>Three years later, we have more than a half-billion reasons to ask that question. </p><p>Were he to be re-elected, his legal <a href="https://c.im/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> would be a <a href="https://c.im/tags/national" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>national</span></a> <a href="https://c.im/tags/security" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>security</span></a> issue as well as a domestic one.</p><p>On Friday, Donald <a href="https://c.im/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> posted an $92,000,000 <a href="https://c.im/tags/bond" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bond</span></a>, a promise to pay (with interest) writer E. Jean Carroll, who won her defamation case against Trump last year. <br>Trump also still owes Carroll $5 million award for her original defamation lawsuit.</p><p>Federal Insurance Company, a division of the insurance conglomerate <a href="https://c.im/tags/Chubb" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chubb</span></a> Ltd., is managing Friday’s bond. 🔸That’s all we know.🔸</p><p>👉Trump’s court filing didn’t provide details on how he financed the $91.6 million bond. Nor did Chubb, which said, “as a matter of policy, we do not comment on client-specific information.” </p><p>The standard premium for appeal bonds is 2%, according to people familiar with the business. At that rate, Trump’s bond would have cost him $1.8 million, unless he negotiated a better rate.<br>Absent a fire sale of his trophy properties, or a sudden infusion of funds from an angel investor, Trump would most likely have to pledge some of his real estate assets as collateral for his next appeal bond. <br>And if those properties are encumbered in any way with mortgages or loans, the surety underwriter would have to devise a way to put the bond in a priority position.</p><p>Then there’s the issue of Trump himself, who has a checkered past when it comes to paying off debts (emphasis added)…<br>💥Does Trump have a relationship with the Chubb CEO? Is this bond a quid-pro-quo?💥<br>In 2018, Trump appointed Chubb’s CEO Evan Greenberg to a White House advisory committee for trade policy and negotiations.</p><p>According to Andrew Weissmann, former general counsel for the FBI:<br>👉[The] issue of who is actually behind [Trump’s bond] is something that people who are voting should know… who is the candidate beholden to? Is [Trump] going to be making policy and being differential to people who have put up money (emphasis added)?<br><a href="https://c.im/tags/followthemoney" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>followthemoney</span></a> </p><p><a href="https://themoderatevoice.com/follow-the-money-trumps-legal-peril-is-a-national-security-issue/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">themoderatevoice.com/follow-th</span><span class="invisible">e-money-trumps-legal-peril-is-a-national-security-issue/</span></a></p>
Anton Gerashchenko 🇺🇦 Backup<p>20.12.2022, <a href="https://mas.to/tags/video" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>video</span></a>:</p><p><a href="https://mas.to/tags/Russian" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Russian</span></a> ad for enlisting in the <a href="https://mas.to/tags/army" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>army</span></a>: signing up will help get rid of <a href="https://mas.to/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> and your wife nagging.</p><p><a href="https://mas.to/tags/propaganda" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>propaganda</span></a> <a href="https://mas.to/tags/Russia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Russia</span></a></p>
Khurram Wadee ✅<p><a href="https://mastodon.org.uk/tags/Poor" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Poor</span></a> <a href="https://mastodon.org.uk/tags/countries" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>countries</span></a> forced to cut <a href="https://mastodon.org.uk/tags/PublicSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicSpending</span></a> to pay <a href="https://mastodon.org.uk/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a>, campaigners say | <a href="https://mastodon.org.uk/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economics</span></a> | The Guardian</p><p><a href="https://www.theguardian.com/business/2022/jun/12/poor-countries-forced-to-cut-public-spending-to-pay-debts-campaigners-say" rel="nofollow noopener" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/business/2022/</span><span class="invisible">jun/12/poor-countries-forced-to-cut-public-spending-to-pay-debts-campaigners-say</span></a></p><p><a href="https://mastodon.org.uk/tags/DebtRelief" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DebtRelief</span></a> <a href="https://mastodon.org.uk/tags/Poverty" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Poverty</span></a> <a href="https://mastodon.org.uk/tags/IMF" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IMF</span></a> <a href="https://mastodon.org.uk/tags/WorldBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WorldBank</span></a></p>
Newstarget<p>According to a report by non-profit <a href="https://brighteon.social/tags/TruthInAccounting" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TruthInAccounting</span></a>, 39 U.S. states faced <a href="https://brighteon.social/tags/budget" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>budget</span></a> <a href="https://brighteon.social/tags/deficits" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>deficits</span></a> that made them unable to pay off <a href="https://brighteon.social/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> <a href="https://newstarget.com/2020-10-06-39-us-states-unable-pay-debts.html" rel="nofollow noopener" target="_blank"><span class="invisible">https://</span><span class="ellipsis">newstarget.com/2020-10-06-39-u</span><span class="invisible">s-states-unable-pay-debts.html</span></a></p>
NaturalNews<p>According to a report by non-profit <a href="https://brighteon.social/tags/TruthInAccounting" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TruthInAccounting</span></a>, 39 U.S. states faced <a href="https://brighteon.social/tags/budget" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>budget</span></a> <a href="https://brighteon.social/tags/deficits" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>deficits</span></a> that made them unable to pay off <a href="https://brighteon.social/tags/debts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debts</span></a> <a href="https://www.naturalnews.com/2020-10-06-39-us-states-unable-pay-debts.html" rel="nofollow noopener" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">naturalnews.com/2020-10-06-39-</span><span class="invisible">us-states-unable-pay-debts.html</span></a></p>