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Are people in this thread truly as financially illiterate as they appear, or it's just an act? He has assets that far exceed his debt. His annual income exceeds his debt. In terms of scale, it would be like an average Joe having $200k in assets, makes $80k/yr, and has debt of $30k.
It would be silly of him to not have debt - it's called leverage when you're a successful businessman. This is basic, fundamental stuff people can't seem to grasp.
Hey...they were the National Socialists, of course. And they behaved a lot like the leftist "Antifa" groups we see today, what with the masks, the uniforms (they wear black shirts now instead of brown, of course), the unruly demonstrations and the violent street rioting, etc.
In fact, there's hardly any material difference between these losers calling themselves the "Antifa" and the Nazi brownshirts.
I guess everything old is new again.
Antifa should be declared a terrorist group.
Quote:
Originally Posted by First24
Patience grasshopper.. The Mueller Investigation, with the power of a top notch legal staff, will get to the bottom of this 'thing'. Trump isn't squirming and weaseling around for nothing.
It is a bottomless pit. There is no bottom. They'll just keep mucking around until, they hope, they stumble upon a 'wow' of some sort. Much like Maddow's "wow - look - I have his tax return!". Right. Like the "Russian collusion" thing - nothing there. It all dies and leaves the left devastated, scrambling for something new.
Hey...they were the National Socialists, of course. And they behaved a lot like the leftist "Antifa" groups we see today, what with the masks, the uniforms (they wear black shirts now instead of brown, of course), the unruly demonstrations and the violent street rioting, etc.
In fact, there's hardly any material difference between these losers calling themselves the "Antifa" and the Nazi brownshirts.
I guess everything old is new again.
Antifa should be declared a terrorist group.
Quote:
Originally Posted by First24
Patience grasshopper.. The Mueller Investigation, with the power of a top notch legal staff, will get to the bottom of this 'thing'. Trump isn't squirming and weaseling around for nothing.
It is a bottomless pit. There is no bottom. They'll just keep mucking around until, they hope, they stumble upon a 'wow' of some sort. Much like Maddow's "wow - look - I have his tax return!". Right. Like the "Russian collusion" thing - nothing there. It all dies and leaves the left devastated, scrambling for something new.
Are people in this thread truly as financially illiterate as they appear,....
They are that illiterate and will go through life flipping hamburgers.
When you hear a company or person is worth X billion that doesn't mean they have X billion in cash, what that means is if they sold everything they would have X billion. When someone like Trump sees a business opportunity arises they could choose to liquidate an investment to raise cash but that makes little sense if you are profiting from that investment. That's where the bank loan comes in.
THis stuff may have already been posted but I'm doing it now...How has the American people let this man take over the country. How long will this go on with him as Commander in Thief.
I heard on the news TODAY, when Obama attempted to take out a second mortgage on his house, the "officials" at the white house said No he cannot do that...
I'll own up to not reading the story...but is it Trump himself, Trump the corporation and against what assets -- a 300 million dollar loan against assets valued at 600 million...is not the same as a 300 million loan on assets worth 300 million.
He didn't acquire those loans in the last five months did he?
Come on -- we can't jump on every ridiculous claim against him. If you want to be taken as having a credible argument against his policies, his actions, you have to not find fault with something like this.
Trump has played Monopoly his entire life, and anyone with even a shred of news knowledge knows that. And this should come as a big surprise? What's worst, this news tidbit coming out now or the fact that Americans voted Trump in as POTUS with knowledge of his prior bankruptcies?
Guess you shouldn't have had a known, career criminal and liar nominated and running against Trump. You left middle class America with no other choice.
Big German Bank, Key to Trump’s Finances, Faces New Scrutiny
During the presidential campaign, Donald J. Trump pointed to his relationship with Deutsche Bank to counter reports that big banks were skeptical of doing business with him. After a string of bankruptcies in his casino and hotel businesses in the 1990s, Mr. Trump became somewhat of an outsider on Wall Street, leaving the giant German bank among the few major financial institutions willing to lend him money.
Now that two-decades-long relationship is coming under scrutiny.
Banking regulators are reviewing hundreds of millions of dollars in loans made to Mr. Trump’s businesses through Deutsche Bank’s private wealth management unit, which caters to an ultrarich clientele, according to three people briefed on the review who were not authorized to speak publicly. https://www.nytimes.com/2017/07/19/b...l?ref=business
I remember several "He won't make it six months" posts.
Maybe Hillary will dispatch investigators to Germany to get Trumps real birth cer..... I mean loan records.
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Big German Bank, Key to Trump’s Finances, Faces New Scrutiny
