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Tue Apr 24, 2018, 02:07 PM

THIS cannot happen too soon...


14 replies, 2306 views

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Arrow 14 replies Author Time Post
Reply THIS cannot happen too soon... (Original post)
pbmus Apr 2018 OP
Wounded Bear Apr 2018 #1
Eliot Rosewater Apr 2018 #2
ProfessorGAC Apr 2018 #3
Eliot Rosewater Apr 2018 #4
ProfessorGAC Apr 2018 #5
poboy2 Apr 2018 #10
gademocrat7 Apr 2018 #6
PatSeg Apr 2018 #7
lindysalsagal Apr 2018 #11
PatSeg Apr 2018 #14
Bernardo de La Paz Apr 2018 #8
mobeau69 Apr 2018 #9
Bernardo de La Paz Apr 2018 #12
Bernardo de La Paz Apr 2018 #13

Response to pbmus (Original post)

Tue Apr 24, 2018, 02:10 PM

1. Follow the money...

All threads seem to point to the Kremlin and other Eurasian criminal centers.

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Response to pbmus (Original post)

Tue Apr 24, 2018, 02:10 PM

2. Finally someone is saying it

Donald Trump is a bad businessman.

There’s no arguing that he’s not—if he’d taken the money his father gave him and dumped it all in totally average mutual funds, he’d be better off today than he is after a lifetime of half-baked dealings that’ve bankrupted himself and others and shorted taxpayers.

In order to survive his terrible deals, reporters who’ve looked at Trump’s dealings after the 2016 election have found that he’s relied on graft and shady partnerships. In a new podcast with Slate, The New Yorker‘s Adam Davidson breaks down what he’s learned from spending the last year looking at Trump’ business dealings around the world. Davidson says other reporters who’ve done the same have found it “increasingly shocking just how flagrant the Trump Organization was” in dealing with the “shadiest—frankly, in cases, purely evil—people” whose business schemes involved making money “in wildly illegal and corrupt ways.”

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Response to Eliot Rosewater (Reply #2)

Tue Apr 24, 2018, 02:17 PM

3. I've Done A Similar Analysis

What i have equated is that since the period included NASDAQ's rise, just letting it sit would have allowed an accumulation to almost $11.5 billion.

Now, going back to year one, when leasing a commuter jet would have only cost about $30k per month, and having 6 palatial homes near exclusive country clubs, one could live like Louis the XIV on about $3 million after taxes. (Back then.)

Taking 5.5% per year increase (way above average inflation over that time), and allowing for the lost gain on the first $3 million (or around $4.7 million pre-tax), the actual consumption of cash flow for that period of time would have been an average of about $44 million per year. That would leave a pile of wealth remaining of something between $10 and $10.2 billion, which is 2.05 times what PINO even pretended to have. (And i don't believe that number.)

So, not only would there be more money without all the machinations and branding and cheating and ripping people off, it would have been WAY more money.

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Response to ProfessorGAC (Reply #3)

Tue Apr 24, 2018, 02:19 PM

4. He always goes bankrupt thus the russian mob money. I dont know why

but half of this country or thereabouts hate black people and women so much they are willing to sell the country to Putin

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Response to Eliot Rosewater (Reply #4)

Tue Apr 24, 2018, 02:20 PM

5. To A Guy Who Couldn't Get Wet In The Rain

This is a level of incompetence in wealth creation and money management that is epic in proportion.

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Response to ProfessorGAC (Reply #3)

Tue Apr 24, 2018, 05:05 PM

10. LO on MSNBC did a breakdown last night.

 

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Response to pbmus (Original post)

Tue Apr 24, 2018, 02:22 PM

6. Chump is a failure.

He has never had a legitimate business that was successful.

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Response to pbmus (Original post)

Tue Apr 24, 2018, 03:02 PM

7. I think Trump likes

skirting the law, getting away with something. It is like a challenge to him - "How can I get away with this by lying and cheating?" Its no fun playing by the rules.

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Response to PatSeg (Reply #7)

Tue Apr 24, 2018, 05:46 PM

11. He's like a gambling addict: It's not the amount, but the process he loves.

Gamblers never stop, even when they get all the money. It's never about getting all the money: They need to live-out their fantasies of conquering others.

And just like gamblers, he'll play until someone locks him up.

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Response to lindysalsagal (Reply #11)

Wed Apr 25, 2018, 06:37 AM

14. Exactly

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Response to pbmus (Original post)

Tue Apr 24, 2018, 04:57 PM

8. When posting tweets, pls post text, images, videos and contained links.

I can see the text, but not the video/photo/whatever-it-might-be.

Reporter who untangled Trump’s business schemes explains why the Cohen raid will finally expose the president

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Response to mobeau69 (Reply #9)

Tue Apr 24, 2018, 05:47 PM

12. Good find! Thank you! (and OP). . . . . nt

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Response to pbmus (Original post)

Tue Apr 24, 2018, 07:15 PM

13. Article excellent point. Trump will suffer legal dethroning, but public shifts on his

The public's perception of his business acumen will shift and dramatically.

It might actually shift first and then when they truly take on board the fact that he is an emperor with no clothes (a lousy business faker) they will dry up his hold over Republicons. Of course his core base (about 15% of Americans) will never leave him, never get a real clue, but there will be a radical shift. It may happen before, during, or after he is deposed on legal grounds (Obstruction or Collusion or Emoluments a distant third) but it will happen.

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