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To: Sirius Lee
Trump is a billionaire. Yet the economist, Schiff's net worth is only 70 million. The latter is not a bad haul, but it's not multi-billionaire level. When taking economic advice, I'm going to ignore the JV team.

Well by that logic, you should listen to Nancy Pelosi's economic advice over that of because she was wealthier. Thomas Sowell. Or you should listen to George Soros over any of them, including Trump, because he has more money.

66 posted on 12/08/2025 9:51:19 AM PST by Bruce Campbells Chin
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To: Bruce Campbells Chin

Nah, Schiff is a clown. He’s a blind pig who once found a nut (looked in mirror). If he wasn’t hawking gold, he’d be hawking Shamwow!


67 posted on 12/08/2025 11:45:16 AM PST by Sirius Lee ("Never argue with a fool, onlookers may not be able to tell the difference.)
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To: Bruce Campbells Chin

SL: [Trump is a billionaire. Yet the economist, Schiff’s net worth is only 70 million. The latter is not a bad haul, but it’s not multi-billionaire level. When taking economic advice, I’m going to ignore the JV team.]


From the 70s to the 90s, Fred gave Donald $60m unadjusted dollars structured as loans that were forgiven. Schiff started out with nothing. In % terms, Schiff has likely way outperformed Trump, although neither is particularly great at money management, and both are hucksters. Still, Schiff’s gold has some underlying value, where the tchotskes and crypto peddled by Trump are pretty marginal as either products or investments.

[One notable transaction in 1987 involved Fred Trump forgiving an approximately $11 million loan debt by purchasing a stake in Donald Trump’s Trump Palace condominium tower for $15.5 million. Four years later, Fred Trump sold that same stake back to his son for only $10,000, which tax experts identified as a potentially illegal tax write-off and an unreported multimillion-dollar gift.

Another instance in 1990 involved Fred Trump arranging an illegal $3.5 million loan (via the purchase of casino chips that were never used) to help his son avoid defaulting on a bond payment for the Trump’s Castle casino, for which the casino was later fined $65,000.

Donald Trump had publicly claimed he received only a “small loan of a million dollars” from his father, which he stated he repaid with interest, a claim contradicted by the investigation’s findings. ]


70 posted on 12/09/2025 5:05:07 PM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room)
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