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“Right”... Trump's wealth is dwindling: down to $2.3 billion from $3 billion when he became president
No lefties..the truth is unlike greedy China Joe..Trump didn’t use the presidency to enrich himself but to help
the country. Because in the end he loved the country and it’s people including you lefties. And yet You disgusting vermin's destroyed the man
Give Trump $10 million and he'll turn it into $5 million. He wasted the majority of his inheritance and had to declare bankruptcy multiple times. He is up to his eyeballs in debt to Deutsche Bank.
Quote:
“The Apprentice” portrayed Trump not as a skeezy hustler who huddles with local mobsters but as a plutocrat with impeccable business instincts and unparalleled wealth—a titan who always seemed to be climbing out of helicopters or into limousines. “Most of us knew he was a fake,” Braun told me. “He had just gone through I don’t know how many bankruptcies. But we made him out to be the most important person in the world. It was like making the court jester the king.” Bill Pruitt, another producer, recalled, “We walked through the offices and saw chipped furniture. We saw a crumbling empire at every turn. Our job was to make it seem otherwise.”
The Apprentice was not real life. Trump is not a good businessman and he did use the presidency to enrich himself. He may not have much to show for it now, but that's because he is The Biggest Spender.
“Right”... Trump's wealth is dwindling: down to $2.3 billion from $3 billion when he became president
No lefties..the truth is unlike greedy China Joe..Trump didn’t use the presidency to enrich himself but to help
the country. Because in the end he loved the country and it’s people including you lefties. And yet You disgusting vermin's destroyed the man
His losses came from devaluations of commercial real estate.
Stuff there’s a very real investigation into him over inflating to begin with.
He still ripped off taxpayers every weekend heading to his resorts.
There’s speculation that his co-investor in the two big buildings that make up most of that decline and are the controlling party will squeeze him out completely. Beyond the covid decline for commercial real estate holdings, people just don’t want to associate with him.
Location: 23.7 million to 162 million miles North of Venus
23,627 posts, read 12,553,459 times
Reputation: 10485
Quote:
Originally Posted by Angry-Koala
Give Trump $10 million and he'll turn it into $5 million. He wasted the majority of his inheritance and had to declare bankruptcy multiple times.
Apparently he inherited $413 million. You do know million is less than billion, don't you? If he received only millions and is now apparently worth billions, how was the money wasted?
Please show where Trump filed personal bankruptcy.
You do know that the bankruptcies that were filed were to reorganize and to not just walk away. right?
Quote:
He is up to his eyeballs in debt to Deutsche Bank.
Last I'd heard he has not defaulted on the loan, right? Or, do you have information that he'd defaulted on it?
Apparently he has a $340 million loan. That really isn't much to a person/company that is worth billions, you know that right? Why do you fear loans? Are you that bad with money matters?
Quote:
The Apprentice was not real life. Trump is not a good businessman and he did use the presidency to enrich himself. He may not have much to show for it now, but that's because he is The Biggest Spender.
When he became president he and his company owned 500 businesses. These are businesses that are owned, not from leases/leasing his name, owned. Ever hear the old adage "it takes money to make money"? Naturally a business owner, even with just one business, needs to spend money on it. Why do you hate/fear business?
The professional politicians enrich themselves secretly. Trump obviously was not up to speed.
Like Biden who got $900K through donations to the U of Penn... or Pelosi who makes investments in companies she knows will profit from legislation that is crafted.
Location: By the sea, by the sea, by the beautiful sea
68,330 posts, read 54,411,082 times
Reputation: 40736
Quote:
Originally Posted by TheGoodTheBadTheUgly
“Right”... Trump's wealth is dwindling: down to $2.3 billion from $3 billion when he became president
No lefties..the truth is unlike greedy China Joe..Trump didn’t use the presidency to enrich himself but to help
the country. Because in the end he loved the country and it’s people including you lefties. And yet You disgusting vermin's destroyed the man
Last I'd heard he has not defaulted on the loan, right? Or, do you have information that he'd defaulted on it?
Apparently he has a $340 million loan. That really isn't much to a person/company that is worth billions, you know that right? Why do you fear loans? Are you that bad with money matters?
Quote:
Since 2010, lenders have forgiven President Donald Trump about $287 million in debt that he had failed to repay, the New York Times reported Tuesday.
Deutsche Bank eventually sought repayment of its loans, accusing Trump of being a habitual deadbeat, according to the Times, with some executives vowing to never again to business with Trump. In July 2010, Trump, Deutsche Bank and other lenders reached a private settlement, canceling about $270 million in debt, the Times found.
Trump avoided paying income taxes on most of that, the Times found.
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