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Sat Dec 31, 2016, 10:35 AM

Дональд Трамп



https://twitter.com/JoyAnnReid/status/815062096551510020
https://www.washingtonpost.com/opinions/trump-refuses-to-face-reality-about-russia/2016/12/30/5a69d692-ceb7-11e6-a747-d03044780a02_story.html?hpid=hp_no-name_opinion-card-f%3Ahomepage%2Fstory&utm_term=.40a64ced230e

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Arrow 6 replies Author Time Post
Reply Дональд Трамп (Original post)
kpete Dec 2016 OP
TreasonousBastard Dec 2016 #1
2naSalit Dec 2016 #3
Generic Brad Dec 2016 #2
2naSalit Dec 2016 #4
csziggy Dec 2016 #5
moondust Dec 2016 #6

Response to kpete (Original post)

Sat Dec 31, 2016, 10:45 AM

1. Follow the money-- he's been blacklisted as a deadbeat by most Western banks, so...

where does he go for loans?

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Response to TreasonousBastard (Reply #1)

Sat Dec 31, 2016, 01:59 PM

3. He's always bitching about China

and I suspect, since he appears to have some financial dealings there too, that the Chinese won't swing him a bargain like Puttie did so...

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Response to kpete (Original post)

Sat Dec 31, 2016, 11:01 AM

2. He's the Bernie Madoff of American politics

His wealth is an illusion and his power has derived from conning everyone. Too bad so many people invested their trust in him, because it's inevitably going to fall like a house of cards.

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Response to Generic Brad (Reply #2)

Sat Dec 31, 2016, 02:00 PM

4. Bingo!

Best comparison yet!

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Response to Generic Brad (Reply #2)

Sat Dec 31, 2016, 03:38 PM

5. Exactly - his Trump "empire" is a Ponzi scheme

Rather than intended to pass wealth along to the earliest investors, Trump's scheme is to inflate his own apparent wealth. But if he had to break down the pyramid scheme he would end up owing.

This article talks about how Trump cannot divest:

Maybe the Answer Is That He Can't Divest
By Josh Marshall
Published December 8, 2016, 7:25 PM

Since Donald Trump's surprise election one month ago, there's been a bubbling conversation about the mammoth conflicts of interest he will have if he is running or even owning his far flung business enterprises while serving as the head of state. I've suggested that the whole notion of 'conflicts of interest' doesn't really capture what we're dealing with here, which is really a pretty open effort to leverage the presidency to expand his family business. But a couple things came together for me today which make me think we've all missed the real issue.

Maybe he can't divest because he's too underwater to do so or more likely he's too dependent on current and expanding cash flow to divest or even turn the reins over to someone else.

<SNIP>

Since we don't have Trump's tax returns, there's just a huge amount we don't know about his businesses. What we do know is that Trump appears to wildly exaggerate the scale of his wealth and exhibit a stinginess that is very hard to square with a man of the kinds of means he claims. A heavily leveraged business, one that is indebted and dependent on cash flow to keep everything moving forward, can be kind of like a shark. It has to keep moving forward or it dies.

Perhaps Trump simply doesn't feel like he can trust anyone else to keep the whole shambling enterprise afloat. More plausibly, and consistent with Trump's history over the last couple decades, Trump's business is dependent on an ever expanding number of deals not just to grow but to stay afloat at all. It is certainly plausible that if Trump simply sold off his company in toto, he'd be in debt. Maybe there wouldn't be anything left to put in a blind trust.

http://talkingpointsmemo.com/edblog/maybe-the-answer-is-that-he-can-t-divest


And: Why Trump Won't Use A Blind Trust And What His Predecessors Did With Their Assets

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Response to kpete (Original post)

Sat Dec 31, 2016, 04:05 PM

6. Translation note.

That translates as "Donald Tramp" because that's as close as Russian gets to an "uh" sound in the middle of a word.

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