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In reply to the discussion: NYT Trump Taxes Part 2 dropped tonight [View all]SoonerPride
(12,286 posts)3. It's all about his Apprentice money scam
Donald J. Trump bragged that he was a billionaire who had overcome financial hardship.
I used my brain, I used my negotiating skills and I worked it all out, he told viewers. Now, my company is bigger than it ever was and stronger than it ever was.
It was all a hoax.
Months after that inaugural episode in January 2004, Mr. Trump filed his individual tax return reporting $89.9 million in net losses from his core businesses for the prior year. The red ink spilled from everywhere, even as American television audiences saw him as a savvy business mogul with the Midas touch.
Twelve years later, that image of the self-made, self-saved mogul, beamed into the national consciousness, would help fuel Mr. Trumps improbable election to the White House.
But while the story of The Apprentice is by now well known, the presidents tax returns reveal another grand twist that has never been truly told how the popularity of that fictional alter ego rescued him, providing a financial lifeline to reinvent himself yet again. And then how, in an echo of the boom-and-bust cycle that has defined his business career, he led himself toward the financial shoals he must navigate today.
I used my brain, I used my negotiating skills and I worked it all out, he told viewers. Now, my company is bigger than it ever was and stronger than it ever was.
It was all a hoax.
Months after that inaugural episode in January 2004, Mr. Trump filed his individual tax return reporting $89.9 million in net losses from his core businesses for the prior year. The red ink spilled from everywhere, even as American television audiences saw him as a savvy business mogul with the Midas touch.
Twelve years later, that image of the self-made, self-saved mogul, beamed into the national consciousness, would help fuel Mr. Trumps improbable election to the White House.
But while the story of The Apprentice is by now well known, the presidents tax returns reveal another grand twist that has never been truly told how the popularity of that fictional alter ego rescued him, providing a financial lifeline to reinvent himself yet again. And then how, in an echo of the boom-and-bust cycle that has defined his business career, he led himself toward the financial shoals he must navigate today.
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They do make Vaseline, and they also make Trump's brand of hairspray.
The Velveteen Ocelot
Sep 2020
#27
What a grotesque human being. Of course there is a pyramid scheme in the mix.
NRaleighLiberal
Sep 2020
#10
I never watched it. I would just move on to another channel if I saw it was on.
mysteryowl
Sep 2020
#31
they were drawn to his royal i'm-never-wrong certitude - the secret sauce for
certainot
Sep 2020
#35
Just bought a fifth wheel that had one of tRump's mattresses, tRump Home collection.
SammyWinstonJack
Sep 2020
#21