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Cruz: Trump 'Owes At Least $480 Million Right Now' [VIDEO]
The Daily Caller ^
| January 31, 2016
| Derek Draplin
Posted on 01/31/2016 7:27:11 AM PST by Cincinatus' Wife
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To: AuntB
.... .the creditors get paid ....
Often pennies on the dollar.
141
posted on
01/31/2016 8:55:23 AM PST
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: WHBates
One of the ways Trump differs from most politicians is that he owns the downside.
Sure Trump has greased palms to get things done. He doesn’t deny it or hide it.
That’s part of his appeal. Joe Sixpack knows that has to be the way things are, and to hear someone admit it is refreshing.
142
posted on
01/31/2016 8:56:18 AM PST
by
M1911A1
(The more bile you post by idiots like Beck, the more apt I am going to say, GO, TRUMP, GO!!)
To: manc
143
posted on
01/31/2016 8:57:30 AM PST
by
coalman
(survived carter ,disco and clinton,just holding on till 2012)
To: Cincinatus' Wife
it’s over you can go home now CW
41% to 12% in the latest Reuters poll .. it’s oh va
To: Duke C.
Where did Ted say they are delinquent?
Does trump owe big money to big banks?
Has trump defaulted on loans?
Does Cruz owe big money to big banks?
Has Cruz defaulted?
Does any of that mean either of them are unfit to lead?
No.
145
posted on
01/31/2016 9:00:07 AM PST
by
Outlaw76
(Citizens on the Bounce!)
To: over3Owithabrain
“Cruz canât understand his own financial reporting forms or a health insurance policy document apparently. Iâm sure not going to trust his interpretation of Trumpâs balance sheet.”
LOL! So true!
146
posted on
01/31/2016 9:00:41 AM PST
by
b4me
To: Berlin_Freeper
Another make-it-personal personal ad hominem post.
147
posted on
01/31/2016 9:01:03 AM PST
by
dynoman
(Objectivity is the essence of intelligence. - Marilyn vos Savant)
To: Cincinatus' Wife; libbylu
Well, that's it, then.
I'll NEVER be able to vote for Trump, now.
Ping to libbylu. You were right the whole time...
148
posted on
01/31/2016 9:02:00 AM PST
by
kiryandil
("When Muslims in the White House are outlawed, only Barack Obama will be an outlaw")
To: Berlin_Freeper
In addition to ad hominem, strawman.
149
posted on
01/31/2016 9:02:31 AM PST
by
dynoman
(Objectivity is the essence of intelligence. - Marilyn vos Savant)
To: ObozoMustGo2012
Trump’s net worth is at most 4.5 billion, so that would be 10%. His debt is a minimum of 480 million, and, in the words of the ad, it could be “billions”. The point is that if the banks decide to rein him in, they could bring down his organization, just as they did with past bankruptcies.
150
posted on
01/31/2016 9:04:11 AM PST
by
mak5
To: ObozoMustGo2012
So why can’t he pay off his debts? He is owned by Goldman Sachs and Wall Street Bankers. He owes a half a billion dollars. That is saying something.
To: dynoman
I can see you are going to need another redo.
To: Cincinatus' Wife
Ted sounds a little desperate. Maybe a few more shaming letters need to go out. :-)
153
posted on
01/31/2016 9:05:59 AM PST
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
To: ObozoMustGo2012
Plus it is chapter 11 and not chapter 7. All of them, iirc. That means all creditors were paid from Trump’s money, the depth were restructured, and no one walked away from obligations.
A chapter 11 is the good kind.
154
posted on
01/31/2016 9:12:51 AM PST
by
xzins
(Have YOU Donated to the Freep-a-Thon? https://secure.freerepublic.com/donate/)
To: JediJones
What makes perfect sense is that Ted didn’t disclose those loans on his FEC form - not that he took out the loans. Oh yeah,he lied about where the money came from too.
155
posted on
01/31/2016 9:14:31 AM PST
by
Catsrus
(I callz 'em as I seez 'em)
To: Cincinatus' Wife
"He knows this loan story is completely nonsense," Cruz said. "It's also the height of hutzpah - 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 the statement that the loans weren't disclosed, he knows is flat out false. The loans were disclosed." I've listened to Trump talk about Cruz's failure to properly disclose personal loans from Goldman Sachs and Citibank and I never heard him mention Heidi Cruz in that context...so I find it interesting that Ted Cruz now claims Trump attacked his wife and in effect uses Heidi to shield himself from criticism.
Very Nixonian...
156
posted on
01/31/2016 9:15:39 AM PST
by
mac_truck
(aide toi et dieu t'aidera)
To: Solson
Not true. Don’t make stuff up.
157
posted on
01/31/2016 9:16:42 AM PST
by
Outlaw76
(Citizens on the Bounce!)
To: dynoman
158
posted on
01/31/2016 9:17:19 AM PST
by
DoughtyOne
(the Free Republic Caucus: what FReepers are thinking, 100s or 1000s of them. It's up to you.)
To: Cincinatus' Wife
I’d be willing to bet Trump doesn’t owe anything personally, but his LLCs or corporations owe mortgages.
And further, I’d be willing to bet they are non-recourse financing.
159
posted on
01/31/2016 9:18:54 AM PST
by
aMorePerfectUnion
(As a representative of Earth, I officially welcome Global Warming to our planet)
To: cornfedcowboy
How do you know Trump owes half billion dollars? Because “Cruz said so”??
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