Angry ginger Posted September 28, 2020 Share Posted September 28, 2020 3 minutes ago, Snake said: Is that like your 'batsignal' for Smales to swing in? :whiteknight: #2 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 28, 2020 Author Share Posted September 28, 2020 Trump is no different than Suzy CC Switcher. You all know one like her, she switches her cc balance to a new card at least 4 times a year. She has zero assets and major cc balances. She gets a new card to pay off an old card at a new rate. Eventually she uses up all her options and the cc companies shut her off. Now she resorts to illegal borrowing at a much higher rate. When it’s time to make payments and she falls behind, her creditor has her do favors and extends her payments. Suzy is Trump on a larger scale who’s ass is owned by the Russian mob. Open your eyes Trumptards. Our National Security is at stake. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted September 28, 2020 Share Posted September 28, 2020 2 minutes ago, Mainecat said: Trump is no different than Suzy CC Switcher. You all know one like her, she switches her cc balance to a new card at least 4 times a year. She has zero assets and major cc balances. She gets a new card to pay off an old card at a new rate. Eventually she uses up all her options and the cc companies shut her off. Now she resorts to illegal borrowing at a much higher rate. When it’s time to make payments and she falls behind, her creditor has her do favors and extends her payments. Suzy is Trump on a larger scale who’s ass is owned by the Russian mob. Open your eyes Trumptards. Our National Security is at stake. Good god man turn off the computer and go get some fresh air. 1 Quote Link to comment Share on other sites More sharing options...
J. Jackson Posted September 28, 2020 Share Posted September 28, 2020 So say he's in debt 421 mil for shits and giggles. Let's say he's worth 2 bil. How many people can say that your net worth is 79% of your assets. Not terribly shabby. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted September 28, 2020 Share Posted September 28, 2020 5 minutes ago, J. Jackson said: So say he's in debt 421 mil for shits and giggles. Let's say he's worth 2 bil. How many people can say that your net worth is 79% of your assets. Not terribly shabby. I have a better one for you. What real estate investment has zero debt/unleveraged? Not one you or anyone would want to touch. Quote Link to comment Share on other sites More sharing options...
J. Jackson Posted September 28, 2020 Share Posted September 28, 2020 True, I have a line of credit that if I tank on it the bank would come out smelling like a rose. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 28, 2020 Author Share Posted September 28, 2020 34 minutes ago, DriftBusta said: Good god man turn off the computer and go get some fresh air. On a much larger scale woolie. Even you know this. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 28, 2020 Author Share Posted September 28, 2020 31 minutes ago, J. Jackson said: So say he's in debt 421 mil for shits and giggles. Let's say he's worth 2 bil. How many people can say that your net worth is 79% of your assets. Not terribly shabby. He’s worth ZERO Quote Link to comment Share on other sites More sharing options...
oleroule Posted September 28, 2020 Share Posted September 28, 2020 3 Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted September 28, 2020 Share Posted September 28, 2020 If he holds a billion in RE assets for example you would think that he would have 700 million plus on that. Quote Link to comment Share on other sites More sharing options...
J. Jackson Posted September 28, 2020 Share Posted September 28, 2020 15 minutes ago, Mainecat said: He’s worth ZERO Are you really this fucking stupid or are you really just fucking with us? 1 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted September 28, 2020 Share Posted September 28, 2020 14 minutes ago, Angry ginger said: If he holds a billion in RE assets for example you would think that he would have 700 million plus on that. And while interest are deductible in any year, capital payouts can be deferred. Taxes 101. Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted September 28, 2020 Share Posted September 28, 2020 1 hour ago, ArcticCrusher said: I have a better one for you. What real estate investment has zero debt/unleveraged? Not one you or anyone would want to touch. To use leverage with real estate is nothing new. I think it's one of the reasons Trump isn't harder on deficit spending. He's used to the life of borrowing cheap money. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted September 28, 2020 Share Posted September 28, 2020 Howie Carr did one of his infamous polls today about how concerned people are about Trumps taxes. 94% don't care. We haven't even discussed the unverified nature of this information, how it was obtained and worse, all the arm chair pontificators who think they can decipher the tax returns of a billionaire. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Rigid1 Posted September 28, 2020 Platinum Contributing Member Share Posted September 28, 2020 3 hours ago, Mainecat said: He’s worth ZERO Sooooo you claim Trump is worth zero, doesn't pay his bills, but got a $72.9 million dollar tax return.................. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 28, 2020 Author Share Posted September 28, 2020 3 hours ago, J. Jackson said: Are you really this fucking stupid or are you really just fucking with us? He could liquidate and still owe millions. He’s financed to the max plus he lies on his property values...it makes it even worse. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 28, 2020 Author Share Posted September 28, 2020 15 minutes ago, Rigid1 said: Sooooo you claim Trump is worth zero, doesn't pay his bills, but got a $72.9 million dollar tax return.................. Still assuming he’s honest? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Rigid1 Posted September 28, 2020 Platinum Contributing Member Share Posted September 28, 2020 1 minute ago, Mainecat said: Still assuming he’s honest? No, I'm questioning what you posted, "he's broke, can't pay his bills, but got 72.9million tax return??" You see the contradiction there?? Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted September 28, 2020 Share Posted September 28, 2020 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted September 28, 2020 Platinum Contributing Member Share Posted September 28, 2020 The funny part about this is when he was elected , dems demanded that no business's stay in his name " a president cannot make money while in office" So he did what they wanted. Now they scream at the results of their demands. yep , funny. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted September 28, 2020 Share Posted September 28, 2020 1 hour ago, Mainecat said: He could liquidate and still owe millions. He’s financed to the max plus he lies on his property values...it makes it even worse. do you really think banks just take him at his word. SMH. They appraise all the property they are lending against. the current hit to commercial property certainly has devalued them but it's been years since he put those loans in place so it's doubtful he is financed to the max Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted September 28, 2020 Share Posted September 28, 2020 (edited) 1 hour ago, Mainecat said: He could liquidate and still owe millions. He’s financed to the max plus he lies on his property values...it makes it even worse. Do you own real estate that wasn't given to you? You are a fucking moron, it's pretty sad actually. Edited September 28, 2020 by ArcticCrusher Quote Link to comment Share on other sites More sharing options...
J. Jackson Posted September 28, 2020 Share Posted September 28, 2020 1 hour ago, Mainecat said: He could liquidate and still owe millions. He’s financed to the max plus he lies on his property values...it makes it even worse. I'm amazed at your ability to get the complete lowdown on Trump's outstanding loans and worldwide property values. You must have friends in high places. Quote Link to comment Share on other sites More sharing options...
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