Posted on 02/03/2016 12:52:00 PM PST by RginTN
As I reported yesterday, at various times Donald Trump has had hundreds of millions of dollars in loans from Citibank and Goldman, some of which have been repaid, some of which were discharged in bankruptcy when Trump’s Altantic City casino went belly up. By Trump’s own standard, Citibank and Goldman own him, too.
(Excerpt) Read more at redstate.com ...
His company has loans from banks. Difference between business loans and personal loans.
In other news:
Meet Chad C. Sweet, Ted Cruz’s campaign chairman, former DoD/CIA/Goldman Sachs/Homeland Security.
Sweet co-founded the Chertoff Group with former Bush and Obama administration Secretary of Homeland Security Michael Chertoff.
As a leader of the Chertoff Group, Sweet “advocated for expanding NSA metadata collection.”
http://www.chertoffgroup.com/bios/chad-sweet.php
Meet Ted’s ex-CIA PR guy, Dan P. Gabriel. Gabriel is involved in SIGINT aka interception - which is turned into propaganda. His twitter handle is @danpgabriel and he was one of the people pushing the angle that it was confirmed to the Cruz campaign that Carson was dropping out. After called out on the lie, the agent deleted the tweet and denies everything in typical spook fashion:
I don’t know what RedState is - but do they EVER publish anything but anti-Trump propaganda?
wow there are a lot of things to attack Trump on but this is the stupidest one ever. A man who balance sheet shows $10 billion vrs $480 million in debt is not “owned” by the banks.
Wolf is rapidly demonstrating a complete contempt for fact. he, and his publishers, might want to consider the fact that candidates come and go but a reputation as buffoons who habitually lie to advance their emotion based political agenda will follow your brand around for the rest of their careers.
I’m for Cruz, but this is just B/S. What are the banks going to tell him what to do and the others who have took out loans are not owned?
There is a contract and the banks can’t just say do this or that or we will do what ever we want with you.
Course this is redstate and silly season where supporters on both sides find a hit piece and place it on here.
And Soros.
And who do you think helped The DOn fund his failed Atlantic City casinos?
(((BUSINESS LOANS))))
Have you guys heard of it?
Has Trump released his tax returns?
Just said the same. This article is plain stupid and desperate . Why this was put out on here is beyond me.
Yes
where do you think billionaire real estate developers get the money to fund their projects, and where do you think the banks like to invest their money to get a piece of the action? Its called win-win in the world of real estate
When you borrow a million dollars, the bank owns you
when you borrow $500 million dollars, you own the bank
Is it not Trump’s responsibility to repay his companies’ loans? Excuses for reneging is not convincing to me. Esp. since Trump has the gall to attack the relative pauper Cruz for HIS loans, which have been or will be repaid in full.
That what happens to publications that get so caught up in their “holy mission” they lose touch with reality.
“wow there are a lot of things to attack Trump on but this is the stupidest one ever.”
shhhhhhhh! They think they’re actually changing minds. Play along.
If you owe $100,000 to a bank, they own you.
If you owe $400 million to a bank, you own them.
It has always been true.
Only a complete ignoramus would think this means anything.
Most any large business that could been named has loans from banks, and payables to all sorts of suppliers. Business operate and grow by utilizing reasonable amounts of debt.
Those debts were used to finance Trump properties. Some folks really enjoy public displays of ignorance.
Hey, anybody out there got a home mortgage or a car loan?
Like him or hate him, the old adage still applies. You borrow a million dollars, the bank owns you. You borrow a hundred million, and you own the bank.
Yes, but Cruz is the hypocritical shyster who borrowed from and paid back his wife’s retirement fund at Goldman....
I really hope the media starts giving this clown (Trump) the proper rectal exam befitting a candidate for POTUS!
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