1. Did Trump ever lie to the voters that Ben Carson was dropping out when Ben was NOT dropping out?
2. Did Trump ever send out a fraudulent and threatening mailer to registered voters like this one:
Posted on 02/12/2016 8:27:07 PM PST by TBP
When Donald Trump heard that Ted Cruz had taken out a loan from Goldman Sachs (against his own investments, by the way), he lashed out at his rival. The loan proved that Cruz was owned by the banks! He could not be trusted! He'd just do Goldman's bidding!
Oh my, how terrible! Yes, Cruz was clearly a crony of the big banks.
This criticism caused the Cruz campaign to study Trump's own finances a bit. What they've discovered is downright shocking:
Republican presidential hopeful Ted Cruz on Sunday said GOP front-runner Donald Trump owes “hundreds of millions or even billions†in unpaid loans. “If you look at his financial disclosure, he owes at least $480 million right now, and it could be billions,†Cruz said on “Fox News Sunday.†Cruz then lashed out at Trump for criticizing him for taking out a one million dollar loan:
He knows this loan story is complete nonsense. It’s also the height of chutzpah for someone who owes hundreds of millions of dollars, if not billions of dollars, to attack Heidi and me because we put our life savings into running for Senate. And that brings me to The Donald's character. This man is a pathological liar with no moral compass whatsoever. Time and again, he accuses his rivals of doing something he -- Trump -- himself is guilty of it. See also his accusation that evangelical leader Bob Vander Plaats demanded $100,000 to speak at a rally in Iowa, with the facts proving that Trump demanded that incredibly amount and got it.
(Excerpt) Read more at pjmedia.com ...
You cannot find any serious real estate operator who has not borrowed lots of money. It’s the nature of the beast. Trumps loans are undoubtedly all business loans so he is not personally on the hook. But small potatoes real estate guys are forced to personally guarantee some loans./
Lets just say the are all leveraged.
Exactly what business is Rafael in that requires him to personally borrow a few million? answer is POLITICS!
While Trump owns businesses that borrow vast millions
As you should know, it was not done properly.
At a guess Trump is not personally liable for any borrowings, it’s all non- recourse
Absolutely pathetic attempt to do something - do you know what kind of success it takes to be able to amass that kind of debt and also have resources to pay it off if necessary? Until I write the check each month, my credit card represents a few thousand dollars of “unpaid debt”.....but I do pay it off even if I wait until the closeout time is almost there instead of paying it 20 days early.
Um, how exactly did WE pay? Did you lend his company money? Do you understand the difference between Chapter 7 and Chapter 11 bankruptcy laws? He did not personally file for bankruptcy ever. And the abolity to borrow against a margin account to this level is VERY rare. My brother worked on Wall St. and nearly spit out his coffee when he saw that loan. GS was buying influence.
Bingo! This is Nancy Pelosi witchery BS.
Cruz is a punk. Go away little boy. When I grew up we’d have said -” He’s a damn pussy.”
It is abundantly clear that in order to write for P.J. Media you must be completely ignorant of business financing. Gosh, who knew banks lend money to businesses for their business projects? I thought banks just put all their money into savings accounts.
1. Did Trump ever lie to the voters that Ben Carson was dropping out when Ben was NOT dropping out?
2. Did Trump ever send out a fraudulent and threatening mailer to registered voters like this one:
Cruz’ loan was secured by his own assets.
lol...yah, business loans. They didn’t give him loans to influence politics. They gave him loans to make money.
Business debt restructure does not count as bankruptcy indeed, glad to hear it.
However you may be incorrect about bankruptcy;
Trump has built an American empire from Las Vegas to New York with towering hotels and sparkling casinos. Forbes estimates he’s worth $2.7 billion. But not all of Trump’s business ventures have been constant money-makers. In 1991, 1992, 2004, and again in 2009, Trump branded companies or properties have sought Chapter 11 protection.
“I’ve used the laws of this country to pare debt. ... We’ll have the company. We’ll throw it into a chapter. We’ll negotiate with the banks. We’ll make a fantastic deal. You know, it’s like on ‘The Apprentice.’ It’s not personal. It’s just business,” Trump told ABC’s George Stephanopoulos last Thursday.
Handy when you an declare bankruptcy and limit it to different accounts, that way your suppliers take on your losses instead of you having to pay your bills with the profits from your sucessful ventures.
A tactic not available to the little guy. Legal yes, moral no.
Post #105.Maybe you should talk to Jim about that!
Its his site guess we have choices but it has been friendlier to deverse opinons. Just an observation Pretty much everwhere you go people seem to think supporting an obnoxious candidate is a licence to blast people.. No offence intended just an observation
I used to be able to secure unsecured personal signature loans for a few grand at a time, but I can't anymore.
Long sad story, my own stupid fault, my own bad decisions.
It happens. I don't blame the banks for that.
OTOH, I do blame the banks for fraudulently churning bogus mortgage loans for hundreds of thousands in real estate “loans”, that caused the housing bubble/ burst and depleted most nationwide pension plans.
Trumps deals were not that sort of thing.
If little old stupid me knows that, why don't oh so smart you?
I suspect Trump has enough net worth to make the difference. You are correct. In the term bogus mortgages. I would guess the losses on Trumps bankruptcies were just along those lines.
I do not doubt Trumps intelligence, he is a brilliant man. The problem I have is with his charachter. He is untrustworthy and self centered.
And because yours was the most thoughtful written response to me all week, you are pretty sharp too. But I figure you know that.
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