Discussion: Deutsche Thought Trump Might Default On Loan, Mulled Deferment Until 2025

I forget, is Eric Trump the stupid one or the asshole one?

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Both.

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Depends on the day and the type of lickspittle that flows from his mouth.

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Just how ā€˜underleveragedā€™ depends on the ownership details.

For instance, to what extent doe the Trump Org own these ā€˜free and clearā€™ properties versus partners who may have put up the cash to buy the properties retaining ownership rights inside complicated LLP/LLCā€™s? This is where I would start were I a lawyer on the House oversight committee. Iā€™m guessing there are a LOT of K1s to sort thru.

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We need a thorough investigation of the relationship between Deutsche Bank, former Justice Kennedy, his son Justin, russian money laundering, and loans to the abomination.
Corruption in conservative circles runs deep and has penetrated every branch of our government, including SCOTUS.

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A little OT but I had to share
A friend sent me this:

A British view of Trumpā€¦

Someone asked ā€œWhy do some British people not like Donald Trump?ā€

Nate White, an articulate and witty writer from England, wrote this magnificent response:

"A few things spring to mind.

Trump lacks certain qualities which the British traditionally esteem.

For instance, he has no class, no charm, no coolness, no credibility, no compassion, no wit, no warmth, no wisdom, no subtlety, no sensitivity, no self-awareness, no humility, no honour and no grace - all qualities, funnily enough, with which his predecessor Mr. Obama was generously blessed.

So for us, the stark contrast does rather throw Trumpā€™s limitations into embarrassingly sharp relief.

Plus, we like a laugh. And while Trump may be laughable, he has never once said anything wry, witty or even faintly amusing - not once, ever.

I donā€™t say that rhetorically, I mean it quite literally: not once, not ever. And that fact is particularly disturbing to the British sensibility - for us, to lack humour is almost inhuman.

But with Trump, itā€™s a fact. He doesnā€™t even seem to understand what a joke is - his idea of a joke is a crass comment, an illiterate insult, a casual act of cruelty.

Trump is a troll. And like all trolls, he is never funny and he never laughs; he only crows or jeers.

And scarily, he doesnā€™t just talk in crude, witless insults - he actually thinks in them. His mind is a simple bot-like algorithm of petty prejudices and knee-jerk nastiness.

There is never any under-layer of irony, complexity, nuance or depth. Itā€™s all surface.

Some Americans might see this as refreshingly upfront.

Well, we donā€™t. We see it as having no inner world, no soul.

And in Britain we traditionally side with David, not Goliath. All our heroes are plucky underdogs: Robin Hood, Dick Whittington, Oliver Twist.

Trump is neither plucky, nor an underdog. He is the exact opposite of that.

Heā€™s not even a spoiled rich-boy, or a greedy fat-cat.

Heā€™s more a fat white slug. A Jabba the Hutt of privilege.

And worse, he is that most unforgivable of all things to the British: a bully.

That is, except when he is among bullies; then he suddenly transforms into a snivelling sidekick instead.

There are unspoken rules to this stuff - the Queensberry rules of basic decency - and he breaks them all. He punches downwards - which a gentleman should, would, could never do - and every blow he aims is below the belt. He particularly likes to kick the vulnerable or voiceless - and he kicks them when they are down.

So the fact that a significant minority - perhaps a third - of Americans look at what he does, listen to what he says, and then think 'Yeah, he seems like my kind of guyā€™ is a matter of some confusion and no little distress to British people, given that:

  • Americans are supposed to be nicer than us, and mostly are.
  • You donā€™t need a particularly keen eye for detail to spot a few flaws in the man.

This last point is what especially confuses and dismays British people, and many other people too; his faults seem pretty bloody hard to miss.

After all, itā€™s impossible to read a single tweet, or hear him speak a sentence or two, without staring deep into the abyss. He turns being artless into an art form; he is a Picasso of pettiness; a Shakespeare of shit. His faults are fractal: even his flaws have flaws, and so on ad infinitum.

God knows there have always been stupid people in the world, and plenty of nasty people too. But rarely has stupidity been so nasty, or nastiness so stupid.

He makes Nixon look trustworthy and George W look smart.

In fact, if Frankenstein decided to make a monster assembled entirely from human flaws - he would make a Trump.

And a remorseful Doctor Frankenstein would clutch out big clumpfuls of hair and scream in anguish:

'My Godā€¦ whatā€¦ haveā€¦ Iā€¦ created?

If being a twat was a TV show, Trump would be the boxed set."

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Virtually all of our assets are owned free and clear, and the very few that do have mortgages are a small fraction relative to the value of the asset.

Virtually all of our assets are owned free and clear; those not clear have some whopper sized loans against. The few that do have mortgages are a small fraction relative to the value of the asset, however, those assets seem to be falling into a deep pit our Dear Leader is intent on digging.

Question: Can deferring a due date on a loan for years and years for someone in political office be taken as a form of pay-to-play.

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Indeedā€¦Thatā€™s why I repeated your entire post.

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Beat me to it.

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Deutsche Bank allowed Trump to borrow $340 million, and thought it would be repaid by the worlds biggest deadbeat? They ought to fire the top 250 people in the bank and start over.

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Yesā€¦

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Tyuh. If thatā€™s true, itā€™s because thereā€™s been a lot of shady Russian money rolling in.

Weā€™re gonna get to the bottom of that as well and there may well be some confiscations going on at some point.

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Deutsche Bank is a criminal enterprise, even worse than most banks. (Having worked for a few years for one of their acquisitions, I can also say that they were idiots and terrible managers.)

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Cause - The indictment or criminal prosecution of a sitting President would unconstitutionally undermine the capacity of the executive branch to perform its constitutionally assigned functions. - DoJ

Effect - Deutsche Bank decided it wouldnā€™t take on any new business with the Trump Organization while heā€™s in office.

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I was going to respond, but I donā€™t know how to say ā€œthe loans are securedā€ in Russian.

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I presume that this means both are both (so it is a double both). Indeed, if scientists are looking for the genes that represent these traits, they would do well to start by studying the DNA of the Trump family.

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If they were adequately secured the bankā€“even that bankā€“wouldnā€™t have been so nervous.

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Novichok.

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I dunno, maybe itā€™s just me, but I think a long deferral of a humongous fucking amount of debt is an emolument and a benefit on the order of a massive gift or income. Even if it would be a mere bagatelle to Le President Soleil.Or a mere baguette.

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