General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump misspelled stocks as "socks" on Truth Social. The QAnon folks believe it is a secret message.
Link to tweet
?s=20&t=xNqd45Hg-0mc19QpRPpwgA
Botany
(70,516 posts)...OR - he's a bad speller!
lame54
(35,294 posts)MerryHolidays
(7,715 posts)Can't type well on on a phone keyboard.
Q-Anon'ers and Russia: IF YOU'RE LISTENING, HE'S AN IDIOT. DANGEROUS AS HELL, BUT AN IDIOT NEVERTHELESS.
viva la
(3,303 posts)refers to the Clinton cat, and it must mean Secy Clinton will be restored to the White House as the rightful presidential Socks caretaker.
Response to viva la (Reply #5)
Generic Other This message was self-deleted by its author.
Generic Other
(28,979 posts)Killed Socks, didnt they? Forced the poor cat to eat Hillarys emails.
No matter what the cause, I think we can conclude poor Socks is no more.
FSogol
(45,488 posts)Generic Other
(28,979 posts)Didn't she say the trouble we Dems were planning was the more important question? I am certain she feared we'd try to storm SCOTUS and hurt Socks.
Because she is now a psychic as well as a psycho.
viva la
(3,303 posts)Now... which will be president????
LuckyCharms
(17,444 posts)All these complex theories and ridiculous mathematical equations. Then, they use the results of the calculations to say "The storm is coming".
Well, one shit storm did come on 1/6, but they are still saying that "a storm is coming".
They are quite literally out of their minds. No hyperbole.
keep_left
(1,784 posts)...that he's certainly plagiarizing what he just saw five minutes ago on Fox News. I'm sure Stuart Varney or some other idiot was whining about Wall Street.
Drumpf's fans conveniently forget that he ran three casinos into the ground. He bought what should have been a turnkey airline operation from Eastern (Trump Shuttle) and wrecked it. And by the way, has this asshole ever ran a publicly-traded company? I wouldn't trust Drumpf to run a coffee shop.
Thtwudbeme
(7,737 posts)Seriously- if he had just hired a good manager--- people walk in and HAND YOU MONEY.
keep_left
(1,784 posts)....snorted coke, and eaten hamberders...er...hamburgers, and just handed the $400M (inflation-adjusted) he inherited over to professional money managers, and he would be worth billions more. In fact, because so much (or all) of his worth is privately held, little is known about his financial status. But some business people a lot smarter than me say that he is certainly either broke or underwater. So Drumpf pissed away $400M when he could have grown it into billions by sitting on his ass. That really takes talent!
ProfessorGAC
(65,076 posts)Under the law, private companies are audited for creditworthiness every 5 years.
A group of banks contracts an audit firm (in TFG's case, Moody's). They all provide the information revealed in loan applications, the auditor consolidates them, then does an independent review of asset value.
In 2013, Moody's assessed that the assets were overvalued by $1.7 billion & loans totaled $1.2 billion more than advertised. This brought the net worth from the fraudulent $4.5 billion reported by Forbes to about $1.6 billion.
In 2018, the loan accumulation was found to be $300 million higher BEFORE the Deutschbank Germany, Bank of China, and Saudi loans were identified.
Hence, it appears he was never a billionaire. We still don't know how much he owes Russia, but his idiot kid admitted to borrowing from them.
As to the $400 million inherited, you're dead on. However, we have to remember the no repayment term "loans" (really a tax avoidance scheme) from daddy in 1971-1978. Those "loans" totaled $54 million in 1978.
If it lived off of 100x the median household income for those 8 years, and still had $60 million.
In the 13 years up to the inheritance, that $60 million would have increased to $125 million, while living lime a king & doing nothing.
By 2016, that would have been worth $1.2 billion, and the inheritance would have gone up to nearly $3 billion.
No "business" deals, no branding, no bankruptcies, no stupid TV show...
He would have been worth 5-8 times actual, for doing nothing.
He's up there with the worst businessmen ever.
keep_left
(1,784 posts)I swear that I read something here with a link to an article in the business press showing that Drumpf was in even worse shape than originally thought.
By the way, I remember something about Drumpf screwing other family members out of their share of the inheritance money through various legal machinations. I just can't remember the details. That is, I believe, how the $400M figure was arrived at.
ProfessorGAC
(65,076 posts)Might have been the Chinese loan.
And, yes he did things to keep money from Mary Trump's dad.
lpbk2713
(42,759 posts)FSogol
(45,488 posts)Generic Other
(28,979 posts)VGNonly
(7,495 posts)it socks to be you.
sakabatou
(42,158 posts)Vinca
(50,278 posts)BlueIdaho
(13,582 posts)On every single one of their predictions, calculations, or whatever - they would see just how stupid they are.