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American politics

Remember, Trump the great businessman built his empire from a "small loan of 1million dollars" from his dad, Fred Trump? Turns out, all b0ll0cks. He got the equivalent (todays dollars) of over 400million dollars from his dad and he still managed to go bankrupt 6 times.

https://www.nytimes.com/interactive/2018/10/02/us/politics/trump-family-wealth.html

In Donald J. Trump’s version of how he got rich, he was the master dealmaker who parlayed an initial $1 million loan from his father into a $10 billion empire. It was his guts and gumption that overcame setbacks, and his father, Fred C. Trump, was simply a cheerleader.


But an investigation by The New York Times shows that by age 3, Donald Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. By the time he was 17, his father had given him part ownership of a 52-unit apartment building. Soon after he graduated from college, he was receiving the equivalent of $1 million a year from his father. The money increased with the years, to more than $5 million annually in his 40s and 50s.


In all, financial records reveal, Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire.

_____________________

The detail of the investigation from the New York Times is here:

https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
 
the dza said:
Remember, Trump the great businessman built his empire from a "small loan of 1million dollars" from his dad, Fred Trump? Turns out, all b0ll0cks. He got the equivalent (todays dollars) of over 400million dollars from his dad and he still managed to go bankrupt 6 times.

https://www.nytimes.com/interactive/2018/10/02/us/politics/trump-family-wealth.html

In Donald J. Trump’s version of how he got rich, he was the master dealmaker who parlayed an initial $1 million loan from his father into a $10 billion empire. It was his guts and gumption that overcame setbacks, and his father, Fred C. Trump, was simply a cheerleader.


But an investigation by The New York Times shows that by age 3, Donald Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. By the time he was 17, his father had given him part ownership of a 52-unit apartment building. Soon after he graduated from college, he was receiving the equivalent of $1 million a year from his father. The money increased with the years, to more than $5 million annually in his 40s and 50s.


In all, financial records reveal, Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire.

_____________________

The detail of the investigation from the New York Times is here:

https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
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Long, isn't it?
 
Remember during the campaign when has was asked to publicize his tax returns, something that had become a campaign convention and he kept delaying and making oh the dog ate my home work excuses. Well, he never did publicize them did he?
 
the dza said:
Remember, Trump the great businessman built his empire from a "small loan of 1million dollars" from his dad, Fred Trump? Turns out, all b0ll0cks. He got the equivalent (todays dollars) of over 400million dollars from his dad and he still managed to go bankrupt 6 times.

https://www.nytimes.com/interactive/2018/10/02/us/politics/trump-family-wealth.html

In Donald J. Trump’s version of how he got rich, he was the master dealmaker who parlayed an initial $1 million loan from his father into a $10 billion empire. It was his guts and gumption that overcame setbacks, and his father, Fred C. Trump, was simply a cheerleader.


But an investigation by The New York Times shows that by age 3, Donald Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. By the time he was 17, his father had given him part ownership of a 52-unit apartment building. Soon after he graduated from college, he was receiving the equivalent of $1 million a year from his father. The money increased with the years, to more than $5 million annually in his 40s and 50s.


In all, financial records reveal, Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire.

_____________________

The detail of the investigation from the New York Times is here:

https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
Click to expand...

Hard working boy builds business empire from pocket money.

Another piece of help he got in one of his early deals was a $70m bank guarantee from his father. You can buy a lot of lemons with that.
 
jts1882 said:
Hard working boy builds business empire from pocket money.

Another piece of help he got in one of his early deals was a $70m bank guarantee from his father. You can buy a lot of lemons with that.
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Another piece of help he got was when the son of recently retired Supreme Court Justice Anthony Kennedy was the one to approve loans to stop something like his 6th bankruptcy when he worked for Deutsche Bank. Oh, and the Russian mob helped too.
 
90291Spur said:
Another piece of help he got was when the son of recently retired Supreme Court Justice Anthony Kennedy was the one to approve loans to stop something like his 6th bankruptcy when he worked for Deutsche Bank. Oh, and the Russian mob helped too.
Click to expand...

And then Kennedy suddenly retires opening the opportunity for Kavanaugh. There is also the relationship with disgraced judge Kozinski. Kavanaugh knew nothing about Kozinski habits, despite clerking with him and giving Kozinski's son a clerkship. Its very clannish with the clerkships of Kennedy, Kozinski and Kavanaugh. There's something missing.
 
jts1882 said:
And then Kennedy suddenly retires opening the opportunity for Kavanaugh. There is also the relationship with disgraced judge Kozinski. Kavanaugh knew nothing about Kozinski habits, despite clerking with him and giving Kozinski's son a clerkship. Its very clannish with the clerkships of Kennedy, Kozinski and Kavanaugh. There's something missing.
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Very klan'ish.
 
Rorschach said:
You are right. I'll have to think up something far worse to call him.
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Don't waste your time he is truly not worth it.

Watched his appalling response to the Cavanagh charade. He made me feel nauseous.
He truly has turned the USA into a laughing stock.
 
jts1882 said:
And then Kennedy suddenly retires opening the opportunity for Kavanaugh. There is also the relationship with disgraced judge Kozinski. Kavanaugh knew nothing about Kozinski habits, despite clerking with him and giving Kozinski's son a clerkship. Its very clannish with the clerkships of Kennedy, Kozinski and Kavanaugh. There's something missing.
Click to expand...
Aren't they three of the Kardashian sisters?
 
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