Trump’s debts are $1.5 billion higher than previously indicated (Full Version)

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Musicmystery -> Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 7:01:06 AM)

New report suggests Donald Trump’s debts are $1.5 billion higher than previously indicated

The president-elect has declared $315 million in debt, but the actual amount may be five times higher

http://www.salon.com/2017/01/11/new-report-suggests-donald-trumps-debts-are-1-5-billion-higher-than-previously-indicated/




WhoreMods -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 7:14:45 AM)

So that's why he didn't release his tax details.




Real0ne -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 7:21:32 AM)


quote:

ORIGINAL: Musicmystery

New report suggests Donald Trump’s debts are $1.5 billion higher than previously indicated

The president-elect has declared $315 million in debt, but the actual amount may be five times higher

http://www.salon.com/2017/01/11/new-report-suggests-donald-trumps-debts-are-1-5-billion-higher-than-previously-indicated/



Unlike the national debt its all private secured debt so who gives a shit?




Musicmystery -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 7:32:45 AM)

People who think whether the president-elect is lying is significant.

Particularly about his business/economic prowess (or lack) and whether debt in his own conflicts of interests will be his focus at the expense of the good of the nation.





Lucylastic -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 7:57:36 AM)


quote:

ORIGINAL: Musicmystery

New report suggests Donald Trump’s debts are $1.5 billion higher than previously indicated

The president-elect has declared $315 million in debt, but the actual amount may be five times higher

http://www.salon.com/2017/01/11/new-report-suggests-donald-trumps-debts-are-1-5-billion-higher-than-previously-indicated/

But didnt he say in his press conference yesterday
quote:

As a real estate developer I have very very little debt, I have assets that are - and now people have found out how big the company is. I have very little debt, I have very low debt.

Is this more of not "listening to his words, but whats in his heart?




Musicmystery -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 8:00:24 AM)

Fact check: Trump's false and misleading claims at his press conference

http://www.usatoday.com/story/news/politics/2017/01/11/fact-check-donald-trump-press-conference/96449610/




Greta75 -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 8:01:26 AM)

If he is worth a few billion dollars. And his networth exceeds his debt, what is the problem?

Gosh, I can think of of so many of my country folks, who may only be making 120,000 per annum but are millions in debt. Good debt though. Simply borrowing money to buy property for rental income.




Real0ne -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 8:03:44 AM)


quote:

ORIGINAL: Musicmystery

People who think whether the president-elect is lying is significant.

Particularly about his business/economic prowess (or lack) and whether debt in his own conflicts of interests will be his focus at the expense of the good of the nation.





no its not, stop bullshitting me, you are still whining that the hands down biggest liar I have ever seen to date didnt win, now I suppose you want to convince us thats not the mark of hypocrisy




Musicmystery -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 8:05:13 AM)

Way to pretend it's a different subject, without addressing any of the points raised in the actual subject.

[8|]

And btw, I didn't vote for Clinton (or Trump), and certainly not "whining she didn't win." You're making up shit.




Real0ne -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 8:06:07 AM)


quote:

ORIGINAL: Musicmystery

Fact check: Trump's false and misleading claims at his press conference

http://www.usatoday.com/story/news/politics/2017/01/11/fact-check-donald-trump-press-conference/96449610/



https://www.youtube.com/watch?v=4uT68riwrFI




Greta75 -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 8:16:53 AM)

quote:

ORIGINAL: Lucylastic
But didnt he say in his press conference yesterday
quote:

As a real estate developer I have very very little debt, I have assets that are - and now people have found out how big the company is. I have very little debt, I have very low debt.

Is this more of not "listening to his words, but whats in his heart?

So again!
Trump borrows money to develop real estate.

It's like borrowing money to have a mortgage right?

Technically the debt is very little, because you could sell the home off and clear the debt.

Same with his debt, especially if they were borrowed for financing real estate. He can sell the whole building off.

It makes perfect sense to me.

It's not the kind debt where you can't fully pay it out, when need be. For now, it's all just leveraging.

People do this in property all the time. Loan money, buy property, let the rentals pay the mortgage. These people debt will look extremely high when practically, they are getting all these properties for practically free.




Lucylastic -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 8:30:53 AM)

Of course it makes sense to you.

thats really not saying very much at all




stef -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 9:21:42 AM)


quote:

ORIGINAL: Lucylastic

Of course it makes sense to you.

thats really not saying very much at all

Be nice to Lady Peegina. She was forced to leave school and start turning tricks when she was 12.




BoscoX -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 9:30:34 AM)

With the Fed holding interest rates around zero percent to try to keep Obama's economy afloat, smart investors make good use of that free capital

Alt left morons don't see the rub, but thats to be expected




Musicmystery -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 9:33:12 AM)

1) The Fed cut rates in response to the Bush Recessions

2) The Fed has started raising rates again.

* shrug *





Real0ne -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 9:38:03 AM)


quote:

ORIGINAL: Musicmystery

Way to pretend it's a different subject, without addressing any of the points raised in the actual subject.

[8|]

And btw, I didn't vote for Clinton (or Trump), and certainly not "whining she didn't win." You're making up shit.



If you dont understand what a secured debt is I am surely not going to waste any time explaining it to you because you wont understand that either.

Oh yeh sorry, I forgot you vote for the hard left communist party.

Green party is a formally organized political party based on the principles of green politics, .... Greens, but instead form a combined parliamentary group with the Party of the European Left, which unites communists and post-communists.




Musicmystery -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 9:42:06 AM)

Way to pretend you aren't pretending the topic was completely different than your response.

You're having a conversation by yourself, including the "debate."

There's therapy for that.




WickedsDesire -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 9:53:44 AM)

Shrugs - I still think he has no net money - and I am not counting other peoples cash he fleeced that he has ring fenced from Americas bankruptcy laws...so he may continue in the lifestyle he is used to and employ the bed wetting hookers when the mood takes the utter nutter :)

Tax returns - where art thou - heh he said in that conference it was the russians didnt he - then he waffled on about firewalls- what did the incompetent buffoon call them - then he went on to waffle something about the Chinese...ironic they never make any mention that the Americans are the most guilty of them all




WhoreMods -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 10:41:51 AM)


quote:

ORIGINAL: Greta75

If he is worth a few billion dollars. And his networth exceeds his debt, what is the problem?

We only have his word for that. Sadly, that isn't an entirely reliable source.




MrRodgers -> RE: Trump’s debts are $1.5 billion higher than previously indicated (1/12/2017 10:42:05 AM)

quote:

ORIGINAL: Real0ne


quote:

ORIGINAL: Musicmystery

Way to pretend it's a different subject, without addressing any of the points raised in the actual subject.

[8|]

And btw, I didn't vote for Clinton (or Trump), and certainly not "whining she didn't win." You're making up shit.



If you dont understand what a secured debt is I am surely not going to waste any time explaining it to you because you wont understand that either.

Oh yeh sorry, I forgot you vote for the hard left communist party.

Green party is a formally organized political party based on the principles of green politics, .... Greens, but instead form a combined parliamentary group with the Party of the European Left, which unites communists and post-communists.


Come on R1, not even a nice try.

Almost every lender that had to foreclose on Trump lending...lost a shitload of money. Fleet Street of Boston lost so much, they had to merge with the Bank of Boston. Deutschebank now is on the verge of collapse in no small part due to lending Trump money and taking a huge hit.

Deutsche Bank is one of the large global banks investing in and betting on real estate around the world. So it makes some sense it would be exposed to Trump, says Simon Johnson, a professor at MIT's Sloane School of Management. He says Trump has had a relationship with the Frankfurt-based bank spanning nearly two decades, and it is his largest financial backer.

But Johnson says Deutsche Bank is in deep trouble with the Justice Department over a number of allegations.

"The tip of the iceberg is a particular fine by the Department of Justice, a large fine with the opening numbers around $14 billion, with regard to how they created and sold mortgage-backed securities before 2008," he says.

There are private negotiations underway over the amount of that fine, Johnson says, with the bank and the German government pushing back. Isn't that precious ?

He says this sets up a huge conflict of interest for the president-elect: Once Trump takes office, he will be overseeing the Justice Department, which in turn is negotiating a fine with his biggest lender.

"Does it look bad? Does it look like exactly someone might cut Deutsche Bank a deal because they want their boss's boss to be happier? Yeah, absolutely, of course," Johnson says. "And that's why we try to avoid the appearance of a conflict of interest."

Richard Painter, a former chief White House ethics lawyer in the George W. Bush administration, says it would be best if the case were resolved under the Obama administration.

HERE

Hey but don't some dems and Obama owe a foreign bank $365 million and one about to be fined billion$ by the US DOJ for their corruption ?

Oh and BTW, as they say on MNF 'come on man' you know as well as we all do,. this has nothing whatsoever to do with the Green party, communists or post-communists whatever they are...Russian kleptocrats ?

Just more repub hypocrisy.




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