Beholden and Vulnerable.
Isnât that his accounting firm?
And the MSMâŚ
Ready? Set! Ignore it!!!
Iâm guessing the magic blind trust doesnât make conflicts of interest from debt/liabilities vanish into the night.
Especially when the loans are based on Trump âabilitiesâ not his childrenâs.
I remember that in 2008 the self-righteous GOP took Pres. Obama to task on the possibility â not proven â that his home mortgage with a Chicago bank showed favoritism. Ultimately, no one could show that the terms of the Obamasâ jumbo mortgage were anything but within the norm of similar loans and the underwriting showed no deviations/ Where is that scrutiny for Trumpâs commercial loans?
So Trump isnât just beholden to the Russkies. Heâs beholden to practically everyone whoâs anyone in the financial world. I really see only two potential disaster areas in Trumpâs presidency: his foreign policy and his domestic policy. Everything else should be all right.
Whatâs suspicious is that his mortgage wasnât redlined, it being Chicago and all.
Speaking of foreign and domestic policyâŚcan we get the list of foreign investors?
Which oneâs bigger?
âŚwe know, it matters.
Iâm at a loss for words.
A paywallâs in the way of reading at WSJ.
No wonder that person spends so much time denouncing Wall Street. He hates the people who demand he pay back his debts.
âThe problem with any of this debt is if something goes wrong, and if there is a situation where the president is suddenly personally beholden or vulnerable to threats from the lenders," former Federal Election Commission Chairman Trevor Potter told the publication.
You mean, like Russia?
Why are Republicans so much better at raising stinks than Dems? Is it because they have a vast media echo chamber and Dems have Rachel Maddow and a couple of others with miniscule audiences?
LGB,
Try this link: http://www.wsj.com/articles/trump-debts-are-widely-held-on-wall-street-creating-new-potential-conflicts-1483637414.
If that doesnât work, try putting this title into Google: âTrumpâs Debts Are Widely Held on Wall Street.â
For some reason, if you access (some) paywall sites through Google, you can read the article (or not have it count toward your monthly total at a place like The Washington Post).
I remember in 2008, John Solomon reporting that and likewise reporting that it was highly suspect, hiiiiighly suspect!, that Obama received a very ordinary jumbo mortgage, that when John Edwards left the Senate, he sold his house for more than he paid for it six years before, and that Harry Reid contributed a piece of property as his capital contribution to an LLC he started with others and then, gasp, made a profit!
This worked. Iâll have to keep this in mind because I always hit WSJ paywalls.
Jeezus phuckingchrist. A billion dollars of debt? Am I reading that right? His base wonât care, heâs not crooked Hillary who gave speeches to Goldman Sachs.
Nonsense, itâs a pretty big story that just broke today, most of the MSM is linking the WSJ story and doing reports. Iâd say CNN is pretty âMSMâ.
Iâm at a loss for words.
As you should be. I donât see how he can resolve this. The âconflictâ is unavoidable but at the same time Trump canât âaffordâ to put his business in a blind trust, to be administered by a stranger. Heâll go broke before his first (and only) term ends. His is not a portfolio of Apple, Verizon and Google, which would be easily managed by a trust attorney. Commercial RE business is a predatory 24/7 business. You really have to be in it deep to prosper. The deals he will miss out on are the future deals that pay todayâs monthly nut.
Donald owes everybody. Whatever happened to the Republican demand that poor people live within their means? Trump is a deadbeat of gigantic proportions.
Heâs the very model for what is wrong with our economy and the GOP. They donât practice what they preach. They use their rhetoric to distract from what they are really doingâŚconning people.
From Russian bankers to the Mafia to Wall Street fraudsters, Trump parties with the worst sort of people and then cons them, too. The Palin People can be suckered and but good. They were born losers and Trump has been conning them better than most Republicans ever dreamed a sucker could be taken.