Trump’s Yuuge Lies

National Review ^ | February 23, 2016 | Ian Tuttle

[reaganaut1]

Among South Carolina Republicans who preferred above all else a candidate “who tells it like it is,” 77 percent voted for Donald J. Trump.

That is astonishing, given that Donald Trump’s entire life has been an extended exercise in deception.

Start with his wealth. How much is Donald Trump worth? $1.7 billion? $6 billion? “TEN BILLION DOLLARS,” as he claimed in his presidential filing? Tim O’Brien, then a reporter for the New York Times, wrote in his book TrumpNation: The Art of Being the Donald, that in one 24-hour period, Trump claimed two different net worths differing by $3.3 billion. He has never permitted an independent, third-party audit of his finances. The closest anyone has come is Deutsche Bank, which in 2005 estimated that Trump was worth . . . $788 million. Several sources with knowledge of Trump’s finances have put the number significantly lower.

And Trump has admitted to lying about his wealth. “Have you ever exaggerated in statements about your properties?” he was asked during a deposition in the mid 2000s. “I think everyone does,” Trump replied. “Does that mean that sometimes you’ll inflate the value of your properties in your statements?” the lawyer followed up. Trump: “Not beyond reason.”

...

Then there are Trump’s lies about his personal life.

How was it that the star athlete at the New York Military Academy received a deferment for bone spurs in both heels? And how is it that those maladies seem to have disappeared, a miracle otherwise unknown in medical history?

Presumably Trump’s affair with Marla Maples during his marriage to his first wife involved some serious deception, as did the affairs he claims to have had with married women. (Or is he lying about those affairs?)

[Carry_Okie]

Complete unknowns by comparison, frigates, not flagships.

[Albion Wilde]

Here, NRO, have a tissue.

[Dead Dog]

Small correction, they are at the foot of Sinai dancing around their golden calf, because, hey Freedom was to scary and required faith.

[kiryandil]

Amazing that you can't even admit Trump should not have done it.

You've been on FR since 2002, and you still haven't figured out how Political Correctness works?

Slow learner, I guess...

You don't apologize when the Social Justice Media Warriors come for you. You double down, insult them some more, and jam another cream pie in their lying, hypocritical faces.

It seems to me that Trump has the routine down pretty good. :)

[kiryandil]

Trump is showing all of us how to deal with the evil lying weasels that man the Media DeathStar 24/7/365, waiting for that ONE MOMENT when they can fire up their Giant Laser Cannon to blast their target to dust.

As Scott Adams has described it, what's bugging you is the 2-dimensional moves that you see Trump making, when he's actually playing in 3 dimensions.

Remember - he knows our Media enemies COLD.

[jstaff]

You read things that weren’t posted, good deal.

He has an annual income of a little more that $110 million. The value of his holdings is about $400 million. He also has above $400 million in outstanding loans. All this together does not add up to him being able to self fund a $1 billion campaign. The point is that he would have to sell off a bunch of his holdings, quickly, and at fire sale prices.

Try to stay on topic.

[Kickass Conservative]

I didn’t say I read the information on this particular Thread. I recalled reading it somewhere here on FR.

I wasn’t aware that Trump would be funding a Billion Dollar Campaign. I will ASSUME that it he is the Nominee, some money will be coming directly from the RNC to support the Ticket. He isn’t taking Large Donor or Super Pac money so I don’t know how it works with the RNC Funding.

If he has to sell Assets at a Fire Sale Price in order to Run, exactly what are the Ulterior Motives he has for seeking the Presidency that the TDS crowd keeps pushing, him going broke? Doesn’t sound like a positive to me.

My FRiend, I am always on Topic. Please take the condescending attitude you seem to have and peddle it elsewhere.

[jstaff]

My point is that he will have to start accepting Pac money to be able to run the campaign. Estimates are that a presidential campaign costs between 1 and 1.5 billion dollars. He doesn’t have that much cash so will need to either accept large donations, borrow the bulk of it or liquidate assets. To raise money quickly from selling off would require that he sell at discounted prices, costing him a good deal of his net worth. I don’t think he will do that. I don’t know if he has enough clout to borrow that much on short notice or not, given his current debt load of over $400,000,000 against his assets. It would likely have to be a largely unsecured loan. Iffy, even for hi, I think.

That leaves donations. The RNC has not had a good fund raising year. With down ticket contests taking so much of the resources, their is no reason to expect that they will be able to fund a presidential race. They also have a $33,400 basic limit on donations to an individual candidate, although they can give to candidate committees without limit. Individual donations seem to average $50-100 so it would take an unbelievable effort to raise anywhere near the amount needed, in the time we have left. He could, conceivably, accept government funding, but that would be very limiting in how he spent and what other money he could accept. That leaves large donors and Super Pacs.

My belief is that he will look at the race the way he looks at business deals, that is to minimize personal risk and make maximum use of investor money, i.e., large donors and Super Pacs. He is, after all, a successful businessman.