It sucks to be president.

See, unlike maybe just an “advisor to the president,” people watch your financial deals much more closely, looking for conflicts of interest. So where, say, a guy like Jared Kushner could miraculously get his white elephant on 666th Fifth Ave refinanced, coincidentally close to that point in time when Jared was running all over the Middle East, that sort of option really isn’t available to a president. Even Trump knew there were some limitations on the size of the deals he could make.

Thus it is that Jared sits happily ensconced in MAGA-land Florida, knowing that his baby building is refinanced with a good deal (one no American was willing to give him,) while Trump is stewing in a mountain of debt. According to Bloomberg and Rawstory:

“The Trump Organization has more than $590 million of debt coming due within the next four years with more than half personally guaranteed by Trump. This includes $100 million on Trump Tower in Manhattan maturing next year and $125 million due in 2023 for the Trump Doral golf resort near Miami.”

Sounds rough. What if a guy like that put out a newsletter to maybe a few hundred million people, promising exclusive stuff, for $10 a month, sounds like a way to make a lot of money to us, but then again, it might sound like a lot of work to him. So what is he going to do to make money? From Rawstory:

Trump is still soliciting political donations, although it’s unclear what he needs the money for. [His] Save America Joint Fundraising Committee” website that allows donations and automatically enrolls the contributor into a recurring donation loop, despite reports that the campaign has been forced to refund over $122 million to those “who unwittingly checked the box.”

Yeah, but that’s purely political money. He could almost get in trouble moving money from that over to his own personal debts. What else?

“The Make America Great Again PAC has been paying $40,000 per month to rent office space at Trump Tower, and another $8,000 for accommodations at Trump-owned hotels. PACs run by the Republican National Committee are also dropping big bucks at Trump properties; they spent $176,000 at Mar-a-Lago for a GOP donor retreat this spring,” the report states, while adding that he is also raking in cash from the U.S. government by charging excessive rates for housing his government-provided security detail to the tune of $396.15 a night when they stay at Mar-a-Lago.

Ah, yes – that’s how one converts political money to personal money, pay oneself to do shit like host one of your fundraisers. Voila, the money is now yours. What else?

Add to that, the former president is also in the process of dumping assets, with Peyser listing off: “His Washington, D.C. hotel, which became a hotspot for conservatives during his presidency, for $500 million. A ‘fixer-upper mansion’ near Mar-a-Lago for $49 million. One of his personal helicopters, a 1990 Sikorsky S76-B, for an estimated $1 million and A lavish estate on St. Martin for $16.9 million, which is $11 million less than his initial asking price.”

The columnist adds, “Despite the discounted asking price for the St. Martins estate, Trump has been struggling to find a buyer.”

Damn, that sounds rough. It sounds like he’s going to need to raise a few more hundred million, politically, then buy way overpriced Trump steaks, to serve with Trump wine, at an overpriced Mar-a-Lago resort and do it every night, for three years. It would have been much easier to have just shuffled some intelligence to MBS and had his guys figure out how to make the Qataris refinance everything. We’re not saying that’s what Jared did, it is just what it looks like Jared did.

Watch Deutsche Bank. IF the Russians still need Trump, there will be a miraculous, last-minute, offer to refinance all these loans.

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