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 ...
In view that he has based his entire campaign on that devastation and has called out the Administration, the Uniparty and the Democrat-supporting media at every single speech and rally for the entire time he's been running, and led up to it in several books over the past many years, how do you figure that? Especially since everyone he has been running against in the primaries is part of the Uniparty except Carson?
You guys sound a lot like Dems with your ignorance of the free market.
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pointing out trump’s hypocrisy is sounding like dems?
Trump- supports bank bailouts with taxpayer money and nationalizing banks with tax payer money. That sounds likes dem thinking, lol!
We heard you the first four times. Do you have any in-depth understanding of finance, or just a fatal attraction to this lurid-sounding talking point based on financial illiteracy? In other words, are your intentions in continually re-posting it intentional deceit or mere stupidity?
Didn't stop you from posting negatively about Trump's morality in using legal financial instruments, though, did it?
That's exactly what shari'a law demands.
Never bought a car on time, paid a mortgage or used a credit card or department store card, then? Are you aware that a credit card is a loan?
Well yeah, but if I use the credit card to the tune of $1,000, I always know that I have the cash to cover it.
"Vetting" is a dispassionate, impartial review of facts and documents. "Hit pieces" are slanted, deliberate misinformation like this article you posted.
But you knew that.
And Trump doesn’t have or can’t raise the cash to cover his loans, is that your excuse?
Lame.
Trump supports bank bailouts with taxpayer money. Cruz doesn’t support bank bailouts with taxpayer money
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We heard you the first four times. Do you have any in-depth understanding of finance, or just a fatal attraction to this lurid-sounding talking point based on financial illiteracy? In other words, are your intentions in continually re-posting it intentional deceit or mere stupidity?
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Trump is saying Cruz is owned by goldmansachs. Not seeing any proof of that in what Cruz supports.
So are you ok with trump supporting taxpayer bailouts and nationalizing banks? Or do you think Cruz recieving a loan from a bank a worse thing than what trump supports?
“Vetting” is a dispassionate, impartial review of facts and documents. “Hit pieces” are slanted, deliberate misinformation like this article you posted.
But you knew that.
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you say hit piece, I say vetting
I’m not sure about whatever law it is that you are talking about, but Mark Twain said, “Independence .... is loyalty to one’s best self and principles, and this is often disloyalty to the general idols and fetishes.”
Would you please restate the question.
There is a very very big difference between a personal loan and a real estate loan. This article is not honest.
If Trump goes bust they take his real estate. If Cruz goes bust there is nothing there to take. For these banks to take such a risk on Cruz they are looking for a different type of payback since he has no assets.
Scream this one from the mountaintops!
You’re entitled to your own opinion, but not your own facts.
That law I'm talking about, shari'a law, is the law of the Islamists who wish to take over our nation. Given your general lack of information illustrated by the above, your quoting a 19th century humorist to defend your claims about finance on a thread about 21st century investment banking is arrogantly ignorant.
Excuse for moralizing about how debt takes away one's freedom and is not therefore a conservative value and then admitting you take credit card loans. What if you were suddenly in a car accident and couldn't pay off your 12.9% credot card debt of $1000? Soon it would be $3000 or $4000 while you were trying to recover and pay off hospital bills.
Just illustrating the hypocrisy of anti-Trump moralizing based on his legitimate use of the free market capitalist system; and how his loans are secured debt, in which the collateral pays the debt in case the owner of the debt is not able; while a credit card loan is a much riskier unsecured debt.
What makes people like Twain ,Shakespeare, Hart, Milton and Hemingway so great to quote, is that they have a timeless truth to them.
“he has hundreds of millions of dollars in loans”
I sure wish I owed that much.... I am working on it.
For crying out loud, it’s business, he is a businessman.
There are a good many on FR who think they are Saint Peter, maybe ever further up the chain of command. ;>)
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