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Trump cheats at golf - the ONE and ONLY politics thread

Discussion in 'Sports and News' started by SnarkShark, Jan 22, 2016.

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  1. YankeeFan

    YankeeFan Well-Known Member

    This article beats up Trump pretty good, but it backs up the story we've known all along: Trump personally guaranteed business loans. His huge loss was likely a result of his having to pay them off.

     
  2. Killick

    Killick Well-Known Member

  3. bigpern23

    bigpern23 Well-Known Member

    Just catching up, but he wasn't tweeting to complain about the tax code. He was tweeting that other people weren't paying their fair share of taxes, i.e. President Obama, while he and/or his companies weren't paying any federal taxes. So, uh, yeah, that's pretty hypocritical.
     
  4. BadgerBeer

    BadgerBeer Well-Known Member

  5. YankeeFan

    YankeeFan Well-Known Member

    Big piece in the Times too, but again, almost all of it has previously been reported.

    Dad bought casino chips, and he borrowed from his siblings.

    I do like the description of their one source though, which we get pretty far into the piece:

    Mr. Wallach, who left the Trump Organization in 2001 to deal with a chronic shoplifting and theft problem, said the change in the organization was palpable. Mr. Trump began to regain his footing and focused again on real estate, taking steps to ensure that he was less dependent on his own cash and personally guaranteeing loans.

     
  6. YankeeFan

    YankeeFan Well-Known Member

    This story is crazy.

     
  7. Neutral Corner

    Neutral Corner Well-Known Member

    All you need is a very sharp CPA and a very criminal lawyer.
     
  8. JC

    JC Well-Known Member

    Yankeefan, you're going to feel filthy in 6 months or so for defending this piece of shit. It's Baron level blindness.
     
    Last edited: Oct 4, 2016
  9. Neutral Corner

    Neutral Corner Well-Known Member

    "In late 1989, Wallach appeared on public television’s “The MacNeil/Lehrer NewsHour” after being invited to comment on the precarious state of Trump’s empire, then teetering near bankruptcy.

    “If you pay too much for properties,” Wallach told co-anchor Robert MacNeil, “and if your ego is as large as his is, and you just buy everything in sight, part of the blame has to rest squarely in your own lap.”

    Trump sued him for $250 million."


    Sounds like Trump to me.
     
  10. Inky_Wretch

    Inky_Wretch Well-Known Member

    Pillaging happened after 1995.
     
  11. YankeeFan

    YankeeFan Well-Known Member

  12. YankeeFan

    YankeeFan Well-Known Member

    So, the $916 million loss was all part of the master plan, or the pillaging was in response to the loss?
     
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