Machiavellian said: I agree that an investment does not equal political donation, but it was not an investment it was a bail out loan. A loan that I believe Trump still hasn't paid. If anything this article pretty much sums up Trump. One of the biggest problem with Trump is that he has said he will bring to the Presidency the same tactics he has used in real-estate. In other words, there are no such things as a contract or deal. These things are made to be broken and as he has stated with the US economy go to default to renegotiate with the lenders. While this works great when you are not fronting your own money as he has done with his businesses. Since he just file bankruptcy or go to court and let the system keep stuff going for years where the people just settle so they can get paid, this is just bat shit crazy when you gamble with the American economy. The effect of us going in default on our loans would plunge the American economy into a depression unheard of. There is no Bankruptcy court if the US defaults and the people we owe money with do not have to come to the table to renegotiate just because Trump is willing to default on our loans to get a better price. Also this type of thinking where we just consider any and all deals, contracts and obligations as worthless would so mire the US trust around the world that no one would do any dealings with us as long as that fool is in office. |
http://unclesamsmisguidedchildren.com/soros-paid-trump-hotel-chicago-did-he/
That's a lie according to the above. Bailout what exactly ? Chicago Trump Tower didn't even begin business at that time so how was it in already trouble ? What the hedge fund did is practically a textbook example of an investment loan so describing it as "bailout" is just straight up misleading when their not even loaning money to a failing business in debt. What's also a lie is George Soros personally loaning out Donald Trump $160 million when it was SEVERAL other investment hedge funds like Grove Capital (which was spun off from Soros Fund Management) who participated in that total ...
And you believing that he never paid off that particular hedge fund's loan is also another lie according to Donald Trump's financial statement for March 2014 at page 47 of the PDF so he doesn't owe George Soros or Grove Capital jack shit ...
What's even more eye opening is that THERE ARE NO RUSSIAN BANKERS OR INVESTMENT HEDGE FUNDS LISTED IN HIS LIABILITIES so people need to stop perpetuating the myth that he's even remotely in Putin's pockets and that especially applies to those who feverishly accuse him of these relationships ...
We were going to default anyways since our trading deficit was only going to keep growing larger and the fact that we won't be able to keep up with social security in the future with or without Trump. The only difference is that Trump would've popped a relatively smaller bubble compared to many other candidates in the future ...
You're only kidding yourself if you think that Clinton's path is any better when her husband still failed to truly lower the national debt where he pushed public debt onto intragovernmnetal debt ...
No one can realistically pay off the debt when the American citizens are too busy getting into trading deficits or the government is too busy borrowing funds from social security or issuing some more treasury bonds when we SHOULD'VE defaulted on our debt long ago since it was much smaller than it is now ...