fatslob-:O said:
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 ... |
The link I provided shows how Trump does not keep deals. How he will sell people one thing and then renege on those deals the moment he gets what he wants. In the link you provided if you go back and read how Trump secured the loans for the Chiago tower it was because he sold more than 500 million worth of appartments prior to construction. The problem with that is that Trump sold those appartments for a huge discount and when the building was complete and people started to move in he jacked up the price.
Here is another link to Trump corruption. You know its very plain that Trump knows how to move around political circles just like any politician. Not only that but I highly doubt that anything will change besides Trump making sure to help people with money like himself secure even better deals if he becomes president.
http://wgntv.com/2016/02/17/donald-trumps-multi-million-dollar-chicago-tax-break/
As for our national debt, the only way we go to default is we cannot pay our bills. You are making up stuff that has nothing to do with the government paying its bill compared to just not paying it like what Trump promoted. The key is that deciding to just not pay our bills to renegotiate treasury bills that already have a very low rate any way would totally undermine our economy. Thinking we should have defaulted on our debt shows exactly the kind of thinking that would plunge this nation into hell on earth. Do you even know how the government pays it debt. Here is a link for you to digest first.
https://www.washingtonpost.com/apps/g/page/business/how-the-government-pays-its-debt/513/
Its good you bring up Clinton because if you take the link I gave and apply that with the surplus of money coming into the goverment, meaning we brought in more money than we spent. Here is a link that disproves what you say.
http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/
After Clinton under Bush well we know what happen to the debt and our ability to balance the budget.
