Trump Is Brilliant I Realized A While Back

[SeaDoo77]

I own my own business, and I am not a billionaire. He is a billionaire, and he only inherited 100 to 400 million. Why is he so rich?

I figured it out. He even wrote a book about it.

He screwed everyone he ever did business with. I never thought of just flat out lying and looking at my customers as suckers, and just stealing from them. I'm serious. I never thought about just flat out screwing people. He's a genius.

Now the economy is "doing good" and it is. Whoever thought letting polluters pollute all they want, and eliminating all business restrictions, and letting corporations rape and pillage at will would make the economy "better"? True genius.

Gotta give credit where credit is due.

Now make sure you have fire insurance, flood insurance, a bunker, gold, lots of guns, 20 years worth of food, and can run like the wind.

[mahatmakanejeeves]

1. He says he is a billionaire.

I read an article about a year ago that said if he had just put his money in securities when he inherited it and left it alone, he would be worth far more than he is. In other words, he is not as good a business person as he claims to be. His main achievement with the money he inherited was to lose it.

I'll dig up the link.

[SeaDoo77]

2. The Only Reason He Is Afloat Is Because He Laundered Money For The Russian Mob

And we all know it.

This post was of course a joke.

Trump is scum.

I never thought of being scum.

That's why I'm not a billionaire.

But I also don't have Mueller breathing down my neck.....

[Irish_Dem]

3. Yes, I think lies bigly about his actual net worth. Part of the smoke and mirrors act.

He is a con man.

[brush]

4. Yeah, and who knows how much he owes. I bet Pooty does though.

[ProfessorGAC]

5. A Nit To Pick

The inheritance number is closer to $375 million. Given that, and when it happened, had he simply invested broadly (DJIA, S&P, Nikei, Zurich, London, NASDAQ, etc.) he would have gotten to over $14 billion.

Then with an allowance at $200k a month after taxes the first year and took a 6% increase every year, AND started leasing a plane every year, there would be a pinch over $9 billion left.

The "claim" was $4.8 billion and that has since been challenged a half dozen times and is likely closer to 3.

So, the "brilliance" led to a reduction in net worth of $.2 to $6 billion dollars by doing NOTHING but living well.

Some businessman.

[world wide wally]

6. No regulations, no restrictions, and no conscience.

A sure winning formula.

[Vinca]

7. I said something like that to my husband earlier today. We've been self-employed for most of our

years together. This morning I was wondering aloud about whether we'd now be rich if we'd been criminals like Trump. I've always been obsessive about tracking expenditures down to a single pen or pencil and wouldn't dream of not paying for anything. Honesty doesn't pay . . . at least in cash.