Donald Trump Presidency discussion Thread VIII (threadbanned users listed in OP)

StringerBell

Oh, and Biden has released his tax returns voluntarily for years, so.....it's not really new information as much as a "look over there" and "whatabout" might be tempting.

sydthebeat

Surely someone so up to their neck in debt like the Donald is highly susceptible to corruption and therefore not fit to run for office??

duploelabs

timsey tiger wrote: »

Then why on earth are you coming on here posting it as fact? What is wrong with you?

Projection

PropJoe10

Why doesn't he just release his tax returns if this story is fake like he says it is?

A total, utter and absolute fraud. It still boggles my mind that people cannot see him for what he is.

breezy1985

timsey tiger wrote: »

Then why on earth are you coming on here posting it as fact? What is wrong with you?

That post doesnt seem to have come across at all how I meant it to. Apopgies for that and I would like to leave it at that if possible

banie01

CNN breaking reports that Brad Parscale has been taken to a medical facility by police.

Wife rang to report he was armed, and threatening suicide.
Hope he is ok, but interesting timing and one would have to wonder what the trigger was?

Added link:
https://www.cnn.com/2020/09/27/politics/brad-parscale-hospitalized/index.html

Stallingrad

Time for this family of grifters to run out on a rail. The Emperor, yet again, is found to have no cloths.

PropJoe10

banie01 wrote: »

CNN breaking reports that Brad Parscale has been taken to a medical facility by police.

Wife rang to report he was armed, and threatening suicide.
Hope he is ok, but interesting timing and one would have to wonder what the trigger was?

Added link:
https://www.cnn.com/2020/09/27/politics/brad-parscale-hospitalized/index.html

That's disturbing. Hope he gets the help he needs.

LuckyLloyd

sydthebeat wrote: »

Surely someone so up to their neck in debt like the Donald is highly susceptible to corruption and therefore not fit to run for office??

Yes and yes. He’s a politically exposed person who has personal IOUs of $300m+ that he may struggle to repay, This is a ridiculous situation.

ECO_Mental

banie01 wrote: »

CNN breaking reports that Brad Parscale has been taken to a medical facility by police.

Wife rang to report he was armed, and threatening suicide.
Hope he is ok, but interesting timing and one would have to wonder what the trigger was?

Added link:
https://www.cnn.com/2020/09/27/politics/brad-parscale-hospitalized/index.html

Let me have a quick guess!!....he was screwing the trump campaign for millions in consulting fees buying Ferrari's and condos. The Lincon Project ran ads that he was screwing Trump and making money off Trump back. Trump saw the ad(he only wants to see Trump making money off the Trump brand:rolleyes:) demoted him and took all the gravy off him in his consulting fees. BUT by this stage Parscale was leveraged up to his eye balls in condo payments and had to hand back the Ferrari etc etc....oh look I have a small arsenal of assault weapons in the corner of the room because this is America...now thanks be to god they got to him before anything else can happen but this is how mass shootings happen.

Leroy42

LuckyLloyd wrote: »

Yes and yes. He’s a politically exposed person who has personal IOUs of $300m+ that he may struggle to repay, This is a ridiculous situation.

I very much doubt he is that that sort of hole any longer. He has been getting millions from the state, whilst at the same time his own expenses, including legal,m have been taken care of by the GoP and WH.

From what I recall, his businesses have received massive boost from him being POTUS, I recall a story that he had doubled the membership fees for Mar-A-Lago. He has been charged the secret service for rooms and golf carts.

I would wager that whatever debts he had going in to 2016, he has substantially reduced them at this stage.

Akabusi

Leroy42 wrote: »

I very much doubt he is that that sort of hole any longer. He has been getting millions from the state, whilst at the same time his own expenses, including legal,m have been taken care of by the GoP and WH.

From what I recall, his businesses have received massive boost from him being POTUS, I recall a story that he had doubled the membership fees for Mar-A-Lago. He has been charged the secret service for rooms and golf carts.

I would wager that whatever debts he had going in to 2016, he has substantially reduced them at this stage.

That was until the virus came along and shut down the hospitality industry. Plus we know there are potentially a number of charges coming down the line. A lot of money will be needed for them.

CelticRambler

Leroy42 wrote: »

I very much doubt he is that that sort of hole any longer. He has been getting millions from the state, whilst at the same time his own expenses, including legal,m have been taken care of by the GoP and WH.

From what I recall, his businesses have received massive boost from him being POTUS, I recall a story that he had doubled the membership fees for Mar-A-Lago. He has been charged the secret service for rooms and golf carts.

I would wager that whatever debts he had going in to 2016, he has substantially reduced them at this stage.

The NYT report paints a very different picture. Yes, he's been collecting more membership fees at Mar-A-Lago and cashing in on sycophants paying outlandish prices to stay in his Washington hotel; but that pales in comparison to the massive debts that he's personally guaranteed, for which he's been paying the interest but not paying down the principal, and which will fall due one after the other in the next four years.

Reading the detail, you'd wonder if the IRS will come under pressure to dig deeper into some/several parts of the organisation, e.g. the dubious "consultancy" payments to Ivanka, or the dubious "investment" status of Silver Springs. If those are deemed illegitimate, then that'll add to the money he has to repay. It very much looks like a catastrophic misjudgement by Trump (quelle surprise): in running for, and winning, the presidency in 2016 as a cynical brand promotion, he inadvertently pushed the whole family's dirty dealings into a very harsh spotlight.

Leroy42

CelticRambler wrote: »

It very much looks like a catastrophic misjudgement by Trump (quelle surprise): in running for, and winning, the presidency in 2016 as a cynical brand promotion, he inadvertently pushed the whole family's dirty dealings into a very harsh spotlight.

I very much think along those lines too, which is why it is absolutely essential that he does not lose the election. Hence the calls of voter fraud, non-transition, Joe is on PED's etc

Forget America, this election is vital for Trump to stave off what looks like pretty serious issues.

The Nal

Trump has effectively been leveraged and broke since the early 90s. With the amount of property he owns/doesn't own and the amount of money and debt floating about this is something that could take 50 years to sort out and prosecute. If ever. Its not something thats going to happen before November.

CelticRambler

correct horse battery staple wrote: »

If he loses the election you can bet the next day after he leaves the whitehouse New York state alone would be going after him on these two issues.

They're not waiting - they already have him in court, with Eric subpoena'd to give testimony in the very near future, and Deutsche Bank ordered to hand over their records of the Trump Organisation's finances. The only thing that'll change is that he'll no longer be able to use the DoJ to frustrate the process, nor use taxpayer's dollars to prop up the income at his own golf resorts.

The Nal

correct horse battery staple wrote: »

It doesn't take long to prosecute tax fraud and money laundering in US, these are very serious offences.

If he loses the election you can bet the next day after he leaves the whitehouse New York state alone would be going after him on these two issues.

And he has enough irons in the fire to kick it down the road for decades. When he'll be well dead and gone. They've been investigating him seriously for over 30 years now. Money from then that he said he didn't have was turning up as recent as the mid 00s.

The only thing from this that would've been damaging is if there were ties to Russia and apparently there is none.

listermint

The Nal wrote: »

And he has enough irons in the fire to kick it down the road for decades. When he'll be well dead and gone. They've been investigating him seriously for over 30 years now. Money from then that he said he didn't have was turning up as recent as the mid 00s.

The only thing from this that would've been damaging is if there were ties to Russia and apparently there is none.

There's no evidence of that, Deutsche bank hold alot of information especially related to international business.

The Nal

listermint wrote: »

There's no evidence of that, Deutsche bank hold alot of information especially related to international business.

"The Times also said the documents it had obtained “comprise information that Mr Trump has disclosed to the IRS, not the findings of an independent financial examination. They report that Mr Trump owns hundreds of millions of dollars in valuable assets, but they do not reveal his true wealth. Nor do they reveal any previously unreported connections to Russia.”

pixelburp

The Nal wrote: »

Trump has effectively been leveraged and broke since the early 90s. With the amount of property he owns/doesn't own and the amount of money and debt floating about this is something that could take 50 years to sort out and prosecute. If ever. Its not something thats going to happen before November.

The difference is that we now know for sure. It has been an open secret that Trump has been haemorrhaging money but there was little hard data to back it up. Not least because the man steadfastly refused to publish his tax returns - and we now understand why. Hearsay, tell-alls and newspaper investigations can be ignored or explained as bias or bitterness - here's the opening salvo of black & white reality.

Trump might act the man outside of the bubble but he's functioning as a politician and as the saying goes, the crime in politics is not the offence - but the cover-up. Coupled with the mythologising over the last 4 years (and more of course) of him being some peerless man of business and totem of success. Someone we should admire or respect because he presents as both wealthy and business-smart. Whereas, in fact, he's a total fraud. The showy pretence of wealth and power, a facade papering over a demonstrative inability to stay liquid, despite an almost comical amount inherited from his father.

Whatever about the man's politics or social views he should be hounded by those who champion the capitalistic view of society. Trump couldn't make money from a casino and his books show him to be a rotten failure. Mockery by neo-cons appears well earned. All that superior positioning to the rest of us and he can't make himself rich. His family might be a different matter entirely - and I daresay they'll be the ones to make away like bandits if they isolated themselves from their father - but the man himself is a spoofer.

listermint

The Nal wrote: »

"The Times also said the documents it had obtained “comprise information that Mr Trump has disclosed to the IRS, not the findings of an independent financial examination. They report that Mr Trump owns hundreds of millions of dollars in valuable assets, but they do not reveal his true wealth. Nor do they reveal any previously unreported connections to Russia.”

exactly what i said, the disclosed findings to the IRS show no evidence, And why would they? would you send information of your dealings with Russia into a government audit office.....

The Nal

pixelburp wrote: »

but the man himself is a spoofer.

A complete spoofer. But the system is there to be spoofed. Donald owed over a billion but still had properties all over the world and was still building golf courses, sky scrapers and the like.

He was bankrupt but still built this in Chicago for example.



I'm not bankrupt and wouldn't go into a bank and ask for a loan for that!!

Yet you've people who are a few grand in debt in the same country literally being thrown out on the streets.

This is another nothing burger. It just confirms what we know as you say, what hes said himself in the past and the only revealing thing is that he employs a very good tax accountancy firm.

Christy42

The Nal wrote: »

A complete spoofer. But the system is there to be spoofed. Donald owed over a billion but still had properties all over the world and was still building golf courses, sky scrapers and the like.

He was bankrupt but still built this in Chicago for example.



I'm not bankrupt and wouldn't go into a bank and ask for a loan for that!!

Yet you've people who are a few grand in debt in the same country literally being thrown out on the streets.

This is another nothing burger. It just confirms what we know as you say, what hes said himself in the past and the only revealing thing is that he employs a very good tax accountancy firm.

Sure he scammed the public. But man he did it well and would like him to continue scamming the public.

The system is set up to favour those who come from money, whether or not they are drowning in debt. Hence the buildings. Also he has long stopped going to normal banks for those loans. Only ones pretty OK with corruption are willing to deal with him at the moment so maybe keep that in mind when looking for a large loan for a new hotel?

That is what this logic comes down to. He has 400 million worth of loans coming due soon and can't pay. Wonder what he would do to make that magically disappear...

He is a massive risk at this point. I guess it is more and more obvious why he called the corona virus a hoax.

He is desperate to keep his hotels open and making money given how far in debt he is.

check_six

So how does this all line up with him divesting himself of all his companies after he was elected? Who can forget the piles of blank paper that were displayed in a theatrical flourish?

If he is not running or being a beneficiary of his companies since he became president, then how was he expecting to pay back the $300Million that is his personal debt? I understand that the whole placing in a blind trust thing was a total charade, but I'd like to know how this element is being "explained"?

Quin_Dub

check_six wrote: »

So how does this all line up with him divesting himself of all his companies after he was elected? Who can forget the piles of blank paper that were displayed in a theatrical flourish?

If he is not running or being a beneficiary of his companies since he became president, then how was he expecting to pay back the $300Million that is his personal debt? I understand that the whole placing in a blind trust thing was a total charade, but I'd like to know how this element is being "explained"?

He didn't divest himself at all - He remains the beneficial owner of the whole thing. That never changed.

He "claimed" to have stepped away from the day to day operations and that he would no longer have anything to do with the companies (other than taking a cut of the proceeds).

We were expected to believe that Don Jr and Eric would run the companies on their own and would never ever ever (like pinky swear it) discuss Business with Trump Snr while he's in office.

duploelabs

Quin_Dub wrote: »

He didn't divest himself at all - He remains the beneficial owner of the whole thing. That never changed.

He "claimed" to have stepped away from the day to day operations and that he would no longer have anything to do with the companies (other than taking a cut of the proceeds).

We were expected to believe that Don Jr and Eric would run the companies on their own and would never ever ever (like pinky swear it) discuss Business with Trump Snr while he's in office.

One thing that struck me in this whole emoluments situation. Trump is widely reported as playing a lot of golf, yes he should be concentrating on the job at hand. But there's another issue I've had, has he ever played on a course that he didn't own? I would say the price charged by a course for a 4 ball with security detail accommodation would be extensive. Perhaps more evidence of the grift, along with moving the FBI office etc etc etc

Quin_Dub

duploelabs wrote: »

One thing that struck me in this whole emoluments situation. Trump is widely reported as playing a lot of golf, yes he should be concentrating on the job at hand. But there's another issue I've had, has he ever played on a course that he didn't own? I would say the price charged by a course for a 4 ball with security detail accommodation would be extensive. Perhaps more evidence of the grift, along with moving the FBI office etc etc etc

I think he might have played one of the Military courses a handful of times, but the overwhelming majority have been at his own courses.

There's one near Washington which was where Obama played almost all of his Golf.

Easy to get to , low cost , already fairly secure because it's on a military base etc. etc.

But Trump flies to Florida or New Jersey virtually every week-end with a full entourage for his rounds , all at the taxpayers expense with most of the costs flowing into his pocket.

check_six

How blatant do the emoluments have to be to have him called on them? Is there any line which could be crossed which would have someone say "Hold on a minute here!"? I mean most lines have been crossed at this stage, but so many were breaks in tradition, or expected behaviour rather than being explicitly illegal. The emoluments have to have some legal sanction? No?

seamus

Quin_Dub wrote: »

But Trump flies to Florida or New Jersey virtually every week-end with a full entourage for his rounds , all at the taxpayers expense with most of the costs flowing into his pocket.

I have no doubt that in some very select circles, he brags about how professional golfers have to play 500 rounds a year just to bring home $500,000, while he's getting paid $50k by the American people for every round.

timsey tiger

duploelabs wrote: »

Projection

do you care to back that assertion up?