Posted on 03/07/2016 4:24:09 PM PST by Enlightened1
The House Task Force on Urgent Fiscal Issues met on November 21, 1991 to discuss the credit shortage in the U.S. and whether it is stifling America’s economic recovery. Witnesses included financier Donald Trump and the former chairman of the FDIC, William Seidman, who testified on the current recession and proposals to spur economic growth and investment...
(Excerpt) Read more at youtube.com ...
Now you know why the media never showed you this.
What was Rubio doing at this time? What was Cruz?
Go Trump!
This is one that exhibits Donald Trumps mastery of economic issues. Anyone who is educated in business will be very impressed that Donald Trump is in command of the issues.
Yep! Please share with all via email, social media, etc...
That’s a joke, right?
They are in their 40s, 1991 was 25 years ago.
JEZZ trump people are pathetic.
Well, he does know how to borrow money, default then declare bankruptcy.
What was Rubio doing at this time? What was Cruz?Stupid argument.
Both were in college in 1991.
Now, tell us how Trump managed to avoid being drafted during Viet Nam, and what miracle cure he used to make his "medical condition" disappear once he was past draft age.
If his economic comments from 1991 are relevant, then his pro-choice comments from 1999 are just as relevant.
400 successful businesses, 4 bankruptcies.
And you were saying?
The point is would you rather have a President that was successful businessman in the private market attacked by the IRS?
Or do you want a President that was a political attorney only, that never made it in the private sector, that uses the IRS to attack his opponents but claims he is a conservative?
Quite frankly, I was a Cruz advocate but this, and a few other actions by Cruz (TPP, Beck, Iowa shenanigans, email spam, incessant robocalls) Persuaded me to shift my support to Trump. Trump's positions in trade and finance have been consistent from 1991 to today; as was his interview three years earlier with Oprah in 1988.
Why is it that 99% of veterans love Donald Trump?
Why do his classmates from the NY Military Academy give him glowing praise decades later (like yesterday)?
Why does Rob O’Neil, the US Navy Seal who shot Bin Laden praise Donald Trump?
And you are you? From Arkansas, the land of sleazy draft dodging Soviet sympathizing scumbags named Clinton? And you’re one to talk? What a joke!
Master eh?
At that very time he was railing against the Reagan tax cuts. He wanted to force people to invest in real estate through tax shelters or pay high income taxes, upward of 50%, instead. So in short he was trying to get government to steer money to his industry picking winners and losers.
Crony capitalism at its worst.
No thank you.
Very true.
I am saying trump borrows money, defaults.....which means he does not pay his obligations, 100s lose jobs.
What don’t you get?
Awesome and thank you!
Wrong, he was railing against a dropped provision of Reagan’s 1986 tax reform known as the “Passive Loss” provision. He was advocating for restoring provisions of Reagan’s tax reform!
You are fricking clueless and don’t even listen! Try thinking before mouthing off through your keypad.
If you think the attacks against Trump with regards to his taxes are bad now, just wait until October, when the Obama administration "leaks" every bit of dirt, not only from the IRS, but from the FBI.
In 1991 Cruz was studying the economic greats like Milton Friedman and Frederick Hayek to gain a firm foundation in the right stuff.
Read #13. Trump was all for higher taxes for the “wealthy” back then to force them into his business sector’s tax shelters. He went before congress to complain that Reagan’s tax cuts ruined real estate.
That’s a fact.
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