Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Is Trump even solvent? Do we know? (Original Post) Recursion Dec 2016 OP
I think it's very difficult metroins Dec 2016 #1
In debt over $700,000,000+ CountAllVotes Dec 2016 #2
I think there is something to this. NCTraveler Dec 2016 #3
This is the wonderful advantage of Wellstone ruled Dec 2016 #10
I think he's not. cwydro Dec 2016 #4
I'm worried he's cowtowing to Vlad because he's owned by him. Vinca Dec 2016 #5
Tax returns Lotusflower70 Dec 2016 #6
Sorta puts a damper on that whole 'successful businessman' thing superpatriotman Dec 2016 #7
Has he paid off his fake Trump University fine? BSdetect Dec 2016 #8
No that will be paid from the estates of all the deplorables Txbluedog Dec 2016 #9
Is he even sane? Generator Dec 2016 #11

metroins

(2,550 posts)
1. I think it's very difficult
Tue Dec 13, 2016, 02:21 PM
Dec 2016

I'm not trying to support Trump at all, but he does have a lot of businesses, solvent or not. This means he has wealth, taxes, legal and pride issues with them all.

I think it's a travesty that he was elected, his choices are horrible, our country is going to take decades to repair the social reforms he's going to remove....but I can't bash him on his businesses or not being divested. That stuff is complicated and I don't think he thought he was going to win.

CountAllVotes

(20,868 posts)
2. In debt over $700,000,000+
Tue Dec 13, 2016, 02:24 PM
Dec 2016

and who knows how many billions he owes?

And do not forget about the other FIVE BANKRUPTCIES!

tRump is not fit to lead the USA! He is incompetent at best ... aka "Don the Con" !!



 

NCTraveler

(30,481 posts)
3. I think there is something to this.
Tue Dec 13, 2016, 02:26 PM
Dec 2016

He has structured his orginiztion in a way that has kept the credit limit going up. All kinds of debt. Debts come due and keeps building. I believe his organization is about to go bust under the weight of debt. I feel Trump himself has been living off of that debt.

Then you include what has been gifted in his bankruptcies.

 

Wellstone ruled

(34,661 posts)
10. This is the wonderful advantage of
Tue Dec 13, 2016, 02:49 PM
Dec 2016

Real Estate development and Real Estate Trusts. As the value of the asset property increases,you mine out these increase via Mortgage and it is Tax free. The trick is to keep the Assessor on your Holiday List.

Lotusflower70

(3,077 posts)
6. Tax returns
Tue Dec 13, 2016, 02:35 PM
Dec 2016

There is a reason probably multiple reasons why he didn't release them. It wasn't because he was still being audited. That is bs. He is hiding something big. I wonder if he funneled that money (916 million) reported as a loss somewhere. Have to build up the hush money stockpile. Probably a lot of off-shore accounts.

superpatriotman

(6,247 posts)
7. Sorta puts a damper on that whole 'successful businessman' thing
Tue Dec 13, 2016, 02:37 PM
Dec 2016

I've long suspected that he was living on debt.

That's why I coined the Trump plan for success:

Borrow/Default/Sue/Repeat

 

Txbluedog

(1,128 posts)
9. No that will be paid from the estates of all the deplorables
Tue Dec 13, 2016, 02:46 PM
Dec 2016

who will starve to death because of the policy of the Cheeto Jesus they vote for

 

Generator

(7,770 posts)
11. Is he even sane?
Tue Dec 13, 2016, 02:50 PM
Dec 2016

He meets with Kanye West fresh from mental hospital. YES this is what you want a leader to do. I am about to fucking lose my mind. STOP THIS. Somebody. This is not a reality that can sustain.

Latest Discussions»General Discussion»Is Trump even solvent? Do...