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Donald Trump 2019

Francisco 2.0

By Francisco 2.0
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TonyTexas

TonyTexas 10,571

Posted
Posted
2 hours ago, henrygandorf said:

without knowing from personal experience, i would assume these loans are almost fool proof.  you lend a big number, and if you don't get paid back because of "bad investments from the guy you loaned money to" you get a write-off.  rigged system and shit.

 

 

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GHOSTUSER
GHOSTUSER

I fucking love this President. My 2 faves during my lifetime are Trump and Nixon. They share a lot of similarities and were besieged by the same groups of assholes. No I’m not trolling. Y’all, the lef

Francisco 2.0
Francisco 2.0
Brisketexan
Brisketexan

This.....is magnificent. The "younger generation" is going to have to work double-time to fund YOUR Social Security, which YOUR generation of elected officials raided the fuck out of.  And which,

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Junior Miller

Junior Miller 1,502

Posted
Posted

So dumbass is the worst businessman in history, loses the hundreds of millions his dad left him plus over a billion lent to him, goes completely bankrupt multiple times, starts taking foreign dirty money out of desperation, and now because of idiot Americans finds himself in position to screw over America for the people he owes his money to. 

No wonder he'll do anything to not have his taxes released. Someone in the IRS should just leak them all. 

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Asithappens

Asithappens 974

Posted
Posted
7 hours ago, housious said:

You guys post about Donald Trump a lot.

Is this new tax thing the next big news? He’ll be impeached any day now, right?

I’ll check back here in a few months to see what everyone is freaking the fuck out about then. 

Maybe you'll get measles before then and, who knows?

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texastough

texastough 1,129

Posted
Posted
1 minute ago, Bookman said:

In 2016 there was no reason to think Donald Trump was anything other than a failed businessman, unless your head was in the sand.

I take issue with that. Other than a failed business man, he was a compulsive liar, fraud, racist, misogynist, narcissist, and dumbass, in addition to being really rude.

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Irieguy

Irieguy 1,059

Posted
Posted
8 hours ago, housious said:

You guys post about Donald Trump a lot.

Is this new tax thing the next big news? He’ll be impeached any day now, right?

I’ll check back here in a few months to see what everyone is freaking the fuck out about then. 

This is like when aggy says we are obsessed with them because we point and laugh at them. Don’t be aggy. 

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Aqua Buddha

Aqua Buddha 14,654

Posted
Posted
1 hour ago, HenryJames said:

 

It's obvious he didn't write that except at the very end.

Whoever wrote it is using words that appeal to the way average people think about rich people.  "Write offs, depreciation, etc."  They don't know the details but here some CPA talk and they think he's smart.  (Props to the Kramer reference in an earlier post.)

Donald Trump is the epitome of how poor people think rich people act from his gaudy house to his wives that are all on the downside of their acting/porn careers to the way he throws around financial terms he doesn't understand.

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Anastasis

Anastasis 23,512

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Posted
4 minutes ago, Aqua Buddha said:

 Donald Trump is the epitome of how poor people think rich people act from his gaudy house to his wives that are all on the downside of their acting/porn careers to the way he throws around financial terms he doesn't understand.

 

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TornACL

TornACL 7,766

Posted
Posted
4 minutes ago, Aqua Buddha said:

It's obvious he didn't write that except at the very end.

Whoever wrote it is using words that appeal to the way average people think about rich people.  "Write offs, depreciation, etc."  They don't know the details but here some CPA talk and they think he's smart.  (Props to the Kramer reference in an earlier post.)

Donald Trump is the epitome of how poor people think rich people act from his gaudy house to his wives that are all on the downside of their acting/porn careers to the way he throws around financial terms he doesn't understand.

Also, the first part of the tweet used multisyllabic words, which is not Trump's forte. 

It cracks me up to think of some lackey writing this for that fat slob, and then he can't resist adding the "Additionally, fake news!" at the end. Yes, good value add Donald. 

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Nice Guy Eddie

Nice Guy Eddie 13,541

Posted
Posted

The dem candidate needs to be smart and concise about the future attacks on trump:

  • trump is the biggest business loser in the history of the US. 
  • Trump brought back a handful of steel worker jobs and we paid 900k for each. We should have just paid them 200k each from the treasury.
  • and so on.

put him in the defensive that he and he ideas are all bad.  Of course, trump won’t have the courage to participate in debates. He will claim fake news, unfair, blah blah blah. 

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Guest Lobo

Guest Lobo

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Posted

The last few posts reminded me that one thing I'll praise Trump for is, while he speaks like a hillbilly doing an impression of how that hillbilly thinks a rich/smart person speaks...Trump at least doesn't sound like a douchebag real estate guy.  I mean, he's a douchebag.  And he's worked in real estate, but do you know what I mean?  He doesn't speak like every other fucking white guy of privilege who works in Commercial Real Estate.  And he never really has.  I take that as a sign of course that he probably has no idea what he's doing,

\but I'll give him 5% credit for not constantly talking like a CRE windbag, "I'm a deal junkie.  This dealflow with China, at the end of the day, we're gonna get the net-net result with need.  Their burn rate is such that they cannot stabilize in their market verticals given the product delivery on the number of doors this project has.  We're looking at the capital stack for robust opportunities in the space.  I know value-add is hot in this credit facility environment with China, but we're a levered growth platform here at the White House.  Our team is dynamic, robust, and our proprietary off-market relationships are what have sustained this administration."  

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yoladu

yoladu 4,168

Posted
Posted (edited)
1 hour ago, HenryJames said:

 

ahhh, the old "none of this happened, but if it did, it was totally legal" defense.

he uses this line a lot! sometimes a bit subtlety, like in this tweet, and then sometimes absolutely verbatim.

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Nice Guy Eddie

Nice Guy Eddie 13,541

Posted
Posted
12 minutes ago, 4th&Five said:

I’m surprised he only lost a billion. 

Dems should be relabeling the trump tariffs as the Trump Tax on Americans. Talk about how he’s charging Americans $100B per year on this debacle.  Make him try to explain how his tariffs are benefiting the US in the long run.  

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TornACL

TornACL 7,766

Posted
Posted
1 minute ago, Nice Guy Eddie said:

Dems should be relabeling the trump tariffs as the Trump Tax on Americans. Talk about how he’s charging Americans $100B per year on this debacle.  Make him try to explain how his tariffs are benefiting the US in the long run.  

He'll just cite the numbers are fake and then comfortably  launch into his nonsense about how it's the greatest economy in history and spew more lies about how many new steel factories are opening, and people will believe it because it's what they want to believe. 

Facts don't matter anymore. Just remember that in the debates the one single fact that had Trump the most rattled was the childish quip about his hand size. 

Idiocy is our new currency and so that's exactly what we'll get. 

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Biff Tannen

Biff Tannen 45,769

Posted
Posted
1 hour ago, Nice Guy Eddie said:

The dem candidate needs to be smart and concise about the future attacks on trump:

  • trump is the biggest business loser in the history of the US. 
  • Trump brought back a handful of steel worker jobs and we paid 900k for each. We should have just paid them 200k each from the treasury.
  • and so on.

put him in the defensive that he and he ideas are all bad.  Of course, trump won’t have the courage to participate in debates. He will claim fake news, unfair, blah blah blah. 

You are correct, but that will not happen.  Dems still try to play by the rules and be nice.

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Theo Huxtable

Theo Huxtable 48

Posted
Posted (edited)

For fuck sake, we know he is going to do literally everything his lawyers can think of to block the Mueller report, tax documents, Mueller testimony, and Barr testimony. Enough with the talking and threatening and DO something, Dems! Seriously though, what CAN be done that actually results in something? Arrests? How can these people be compelled to do what Congress requests in a way they can't just ignore? How about literally walking over to the IRS building and TAKING the documents? Or sitting down with Mueller regardless of what the WH does to try and prevent it? Hell, interview and film from his house! You know Barr is now going to ignore the contempt, so prepare to move to the next step immediately! Don't wait more weeks. Say the sergeant at arms is literally waiting outside his house to arrest him and fucking do it, pussies.

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SimonBolivar

SimonBolivar 10,961

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Posted

By far the best line from the NYTimes article

 

Quote

By 1991, they had grown to nearly $418 million, accounting for fully 1 percent of all the losses that the I.R.S. reported had been declared by individual taxpayers that year.

1 guy out of over 100 million tax payers that year. 

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JimmyHoffa

JimmyHoffa 1,188

Posted
Posted
12 hours ago, Francisco 2.0 said:

I don't think it's the losses or write offs that scare him; it's the fact that the bottom line after losses shows he isn't a billionaire, or even a millionaire.  He can't let the world see that Bill and Hillary probably made more money than he did in a given year.

Not exactly but he is too stupid to explain it to the average person

12 hours ago, henrygandorf said:

the truth scares the ever-living shit out of him.

How the "truth" will damage his reputation more than anything. Showing massive losses in income while living a lavish life style is pretty common when dealing with Real Estate.

 

 

Want to Make Millions and Pay No Taxes? Try Real Estate

Real estate is a cyclical business. Markets crash. Deals sour. But hard landings are rare for a savvy property mogul, thanks to the U.S. tax code.

Take Harry Macklowe, a New York City developer. Macklowe, 81, hasn’t paid income tax since the 1980s, according to a court opinion in his divorce proceedings issued in December. The ruling, which also divided luxury homes and an art collection worth more than $650 million between Macklowe and his ex-wife, Linda, doesn’t suggest the couple did anything wrong to avoid paying income taxes. Rather, it highlights the special perks available to property investors in the U.S.—advantages that have expanded under the tax law signed in 2017 by Donald Trump, America’s real estate developer president. “The real estate industry is notorious for throwing off lots of deductions, and real estate developers are notorious for paying very few taxes,” says Steven Rosenthal, a senior fellow with the Urban-Brookings Tax Policy Center. “As Leona Helmsley said, ‘Only the little people pay taxes.’ ”

 

Linda claimed her ex-husband used $448 million of net operating losses to defray income taxes from 2008 to 2015, according to the court opinion. 

 

https://www.bloomberg.com/news/articles/2019-04-24/want-to-make-millions-and-pay-no-taxes-try-real-estate

 

 

It's how the game is played. Passive income is a different animal and one that the average american getting two paychecks a month would never understand. 

 

Bottom line Trump is a colossal asshat but I don't think the story is anything more than something that damages Trump's brand, which of course the one thing he cares so much about.  

 

 

 

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