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Shart of the Deal
Author: BobR    Date: 05/08/2019 13:22:18

tRump is a shyster. That seems obvious. He's spent his whole life trying to sell his properties, his lifestyle, and mostly his self-image like a used-car salesman. It's almost a wink-and-a-nod that everyone knows it's an act, but everyone plays along. He gets upset, however, when someone tries to spoil his party by bringing actual facts into the picture.

He's tried to maintain his "mystique" by hiding details, and threatening those who have them. He doesn't want his financials or his grades revealed, because then he can't control the narrative that he's "rich", a "good business man", and a "stable genius". The New York Times - doing some excellent research - has managed to do an end-around on tRump and release a report that shows how much money he lost over a 10 year period between 1985 and 1995.

Between those years (inclusive), he reported a net loss of anywhere from $4.5M to $918.5M, for a grand total of $1.17B in losses. Art of the Deal? More like Shart of the Deal. Because of those losses, he also didn't pay any taxes. From the article:
Mr. Trump was able to lose all that money without facing the usual consequences — such as a steep drop in his standard of living — in part because most of it belonged to others, to the banks and bond investors who had supplied the cash to fuel his acquisitions. And as The Times’s earlier investigation showed, Mr. Trump secretly leaned on his father’s wealth to continue living like a winner and to stage a comeback.

Because of this, he had to turn to other financing sources, such as Deutsche Bank and investors in Russia. Interestingly, at the same time, Russia was beginning to court tRump. From the book "The Road to Unfreedom" by Timothy Snyder:
In 1984, Russian gangsters began to launder money by buying and selling apartment units in Trump Tower (#RoadToUnfreedom, p. 220).
In 1986, Mr. Trump was courted by Soviet diplomats, who suggested that a bright future awaited him in Moscow (#RoadToUnfreedom, p. 220).
In 1987, the Soviet state paid for Mr. Trump to visit Moscow, putting him up in a suite that was certainly bugged (#RoadToUnfreedom, p. 220).
In 2006, Russians and other citizens of the former Soviet Union financed Trump SoHo, granting Mr. Trump 18% of the profits -- although he put up no money himself (#RoadToUnfreedom, p. 221).

There are 46 more examples at the link, although they come later in time, leading up to and occurring during the tRump campaign. However, it seems conveniently coincidental that Russia started cozying up to tRump around the same time that he was having financial trouble. It seems likely that's the REAL reason tRump doesn't want his financial details out there - they will jive just a little too squarely with the Mueller Report and other research such as Snyder's.

 

25 comments (Latest Comment: 05/09/2019 01:51:03 by livingonli)
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Comment by wickedpam on 05/08/2019 13:35:19
Morning

Comment by Scoopster on 05/08/2019 13:45:56
Mornin' all!

The fireworks start in 15 minutes.
Oh btw, guess what I found!! Impeachment papers!

Comment by Raine on 05/08/2019 13:57:55
good morning.

The NYT story is stunning, to me.

Comment by Raine on 05/08/2019 13:59:47
Quote by Scoopster:
Mornin' all!

The fireworks start in 15 minutes.
Oh btw, guess what I found!! Impeachment papers!

Claude is doing some really good resistance work. I met him at Art on the Avenue in Delray a few years ago, he's a very stoic person.

Comment by Raine on 05/08/2019 14:00:35
Thanks for the link, Scoop!

Comment by Scoopster on 05/08/2019 14:20:11
Nadler's statement is basic, and excellent.

Comment by Scoopster on 05/08/2019 14:29:00
ughh.. Doug Collins is such a fucking Gomer.

Comment by Raine on 05/08/2019 14:29:18
Quote by Scoopster:
ughh.. Doug Collins is such a fucking Gomer.

A'yup.

Comment by Raine on 05/08/2019 14:31:47
They declared executive privilege before the contempt vote -- why am I not surprised?

Comment by Scoopster on 05/08/2019 14:37:02
I'll be glad when Ohio votes this goober out of office once their Congressional maps are fixed.

Comment by wickedpam on 05/08/2019 14:49:03
Quote by Raine:
They declared executive privilege before the contempt vote -- why am I not surprised?



Shady mf-ers

Comment by Scoopster on 05/08/2019 14:57:52
Is it me or has Louie Gohmert's skull inflated?

Comment by Scoopster on 05/08/2019 15:01:55
And now the best news we're gonna hear all year.

FINALLY A NEW TOOL ALBUM IS COMING!!

Comment by livingonli on 05/08/2019 16:15:40
Quote by Scoopster:
Is it me or has Louie Gohmert's skull inflated?

Obviously not with brain matter.

Comment by Raine on 05/08/2019 17:13:07
Quote by Scoopster:
And now the best news we're gonna hear all year.

FINALLY A NEW TOOL ALBUM IS COMING!!

oooOOOooo

Comment by Raine on 05/08/2019 17:27:17
Escobar is killing it right now on the committee.

Comment by Raine on 05/08/2019 17:37:53
Comment by Scoopster on 05/08/2019 17:42:02
Quote by Raine:
This seems normal...

They think everything is a fucking joke... how the fuck can people take these people seriously when they'd rather chest-thump their negatives than actually do the job of governing properly?

Comment by Scoopster on 05/08/2019 17:55:22
Comment by Raine on 05/08/2019 19:04:55
Look closely.

The children are the future...






Comment by Raine on 05/08/2019 19:06:27

Good.

This is getting ridiculous -- this week they've ratcheted it up 1000%

Comment by BobR on 05/08/2019 20:00:08
Quote by Raine:
Quote by Scoopster:
And now the best news we're gonna hear all year.

FINALLY A NEW TOOL ALBUM IS COMING!!

oooOOOooo



Comment by BobR on 05/08/2019 20:01:24
Quote by Raine:

Good.

This is getting ridiculous -- this week they've ratcheted it up 1000%

I can see tRump saying "don't worry - I'll pay you out of my own pocket"

Comment by Raine on 05/08/2019 20:52:42
Quote by BobR:
Quote by Raine:

Good.

This is getting ridiculous -- this week they've ratcheted it up 1000%

I can see tRump saying "don't worry - I'll pay you out of my own pocket"

and then he'll say the tRump foundation was shut down and reneg.

Comment by livingonli on 05/09/2019 01:51:03
Quote by Raine:
Quote by BobR:
Quote by Raine:

Good.

This is getting ridiculous -- this week they've ratcheted it up 1000%

I can see tRump saying "don't worry - I'll pay you out of my own pocket"

and then he'll say the tRump foundation was shut down and renege.

Why should Donnie ever change his MO?