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Who gives a shit, his finances are personal none of the federal governments business. Bloomberg is a sorry ass sack of shit, a control freak of the worst order, and BTW has a severe case of little man syndrome.No doubt, up to this point he was not a pubic figure business is business you got to do what you got to do. No one starts a business to hire people, only reason to start a business for profit nothing else. Only fuck ups start up a business for something else…bankruptcy? 4 times?!?!?!? Holy shit, out of like 300 businesses he has had, that's like a 98% success rate!! Holy shit!Thanks for the morning chuckle Jilly. How is Trump unqualified? He is basing it on his opinion about future events he envisions. Hillary has screwed up foreign policy left and right and has massive ethical and professional problems weighing her down.
His priorities are as fucked up as yours and Hillary's.
how is trump unqualified?
unstable psychologically
liar
bankrupted four corporations
tool of putin
vile and disgusting bigot
how IS he qualified, moron?
nice troll by, loon. but normal people care about these things. don't worry, we know you're not normal
he has always been a public figure. he made sure of that so i don't know what you're talking about? and bellying up four corporations IS a big deal. he's also left a trail of people he's cheated out of money and a scam "university" for which he's under criminal investigation.... .or was until he gave "donations" to the campaigns of the prosecutors in texas and florida.
to the point you made that the only reason donald started business was to make money, that is obviously correct. but his "jobs" are mostly off-shored. the fact that you people listen to him amuses the rest of us.
here's what is also correct.... most of us, if we started with a million dollar gift from daddy, would have done a lot better than donald. donald's just a lot of noise. that's why bloomberg made fun of him.
I am writing in my candidate... Elmer Fudd
Anyway, Whatever so-called bad things he's done Pale in comparison to what any given career politician has done....
Na, it's best not put another fucked up career politician into office... We have tried that for a hundred plus years. 100% fuck up rate by doing that. Here is all we have to show for it...Who gives a shit, his finances are personal none of the federal governments business. Bloomberg is a sorry ass sack of shit, a control freak of the worst order, and BTW has a severe case of little man syndrome.No doubt, up to this point he was not a pubic figure business is business you got to do what you got to do. No one starts a business to hire people, only reason to start a business for profit nothing else. Only fuck ups start up a business for something else…bankruptcy? 4 times?!?!?!? Holy shit, out of like 300 businesses he has had, that's like a 98% success rate!! Holy shit!how is trump unqualified?
unstable psychologically
liar
bankrupted four corporations
tool of putin
vile and disgusting bigot
how IS he qualified, moron?
nice troll by, loon. but normal people care about these things. don't worry, we know you're not normal
he has always been a public figure. he made sure of that so i don't know what you're talking about? and bellying up four corporations IS a big deal. he's also left a trail of people he's cheated out of money and a scam "university" for which he's under criminal investigation.... .or was until he gave "donations" to the campaigns of the prosecutors in texas and florida.
to the point you made that the only reason donald started business was to make money, that is obviously correct. but his "jobs" are mostly off-shored. the fact that you people listen to him amuses the rest of us.
here's what is also correct.... most of us, if we started with a million dollar gift from daddy, would have done a lot better than donald. donald's just a lot of noise. that's why bloomberg made fun of him.
I am writing in my candidate... Elmer Fudd
Anyway, Whatever so-called bad things he's done Pale in comparison to what any given career politician has done....
1. no president in the last 40 years has refused to disclose his tax returns.
2. when your entire campaign is based on "i'm rich, i know what i'm doing", then you have to disclose....or maybe he's lying and isn't worth much
3. if his finances are tied to russia, then we know why he's taking foreign policy positions that are not in keeping with our national interests.
4. if it were hillary, you'd be demanding the FBI investigate
that's why
Na, it's best not put another fucked up career politician into office... We have tried that for a hundred plus years. 100% fuck up rate by doing that. Here is all we have to show for it...Who gives a shit, his finances are personal none of the federal governments business. Bloomberg is a sorry ass sack of shit, a control freak of the worst order, and BTW has a severe case of little man syndrome.No doubt, up to this point he was not a pubic figure business is business you got to do what you got to do. No one starts a business to hire people, only reason to start a business for profit nothing else. Only fuck ups start up a business for something else…bankruptcy? 4 times?!?!?!? Holy shit, out of like 300 businesses he has had, that's like a 98% success rate!! Holy shit!
he has always been a public figure. he made sure of that so i don't know what you're talking about? and bellying up four corporations IS a big deal. he's also left a trail of people he's cheated out of money and a scam "university" for which he's under criminal investigation.... .or was until he gave "donations" to the campaigns of the prosecutors in texas and florida.
to the point you made that the only reason donald started business was to make money, that is obviously correct. but his "jobs" are mostly off-shored. the fact that you people listen to him amuses the rest of us.
here's what is also correct.... most of us, if we started with a million dollar gift from daddy, would have done a lot better than donald. donald's just a lot of noise. that's why bloomberg made fun of him.
I am writing in my candidate... Elmer Fudd
Anyway, Whatever so-called bad things he's done Pale in comparison to what any given career politician has done....
1. no president in the last 40 years has refused to disclose his tax returns.
2. when your entire campaign is based on "i'm rich, i know what i'm doing", then you have to disclose....or maybe he's lying and isn't worth much
3. if his finances are tied to russia, then we know why he's taking foreign policy positions that are not in keeping with our national interests.
4. if it were hillary, you'd be demanding the FBI investigate
that's why
U.S. National Debt Clock : Real Time
Working on it and will put them up as I get them done. I am kind of slow at this but thought the search should be done on who is claiming what and what is their possible motives.got anything on the other 46?
This CIA lady should be heard by everyone also.
Their motives would be to not have Trump as POTUS. Of course Putin is hoping for it.
Benghazi? Again? Really, how many more investigations will it take before the (R) finally give up?
People are not willing to give their country, their children, their grandchildren or their country over to lying twits that believe they can use the "average" and what they consider low lifes for they can make a buck or gain control over everyone's lives.
Trump has hired illegals.
Trump doesn't pay his bills.
Trump has stiffed his creditors.
Trump tried to steal an old woman's home thru eminent domain for his personal business.
Trump is a cheater.
Trump has ridiculed the disabled & uses phrases that 3rd graders would use.
Trump is woefully uninformed about foreign affairs such as the nuclear triad & Putin invading the Ukraine.
Trump hasn't a problem using nukes as a possible solution nor has a problem with the Saudis & others getting them.
Trump's contractors hired illegals so sue them for it.
I would not pay for services that were not rendered properly either when I was in business but that is why we have civil courts and if someone is owed money for a good claim I am sure they would get it.
No Trump's lawyers filed for eminent domain after the old woman refused an over that was more than her property was valued at. When she passed her family sold that same property for about half or less of what Trump's company had offered her for it. Was it a nice thing for his lawyers to do? No but they also lost in court.
You can make all the claims you want but the truth of it is Hillary Clinton is a lying cheating scag that should be behind bars as we speak and she would never get my vote.
Na, it's best not put another fucked up career politician into office... We have tried that for a hundred plus years. 100% fuck up rate by doing that. Here is all we have to show for it...Who gives a shit, his finances are personal none of the federal governments business. Bloomberg is a sorry ass sack of shit, a control freak of the worst order, and BTW has a severe case of little man syndrome.No doubt, up to this point he was not a pubic figure business is business you got to do what you got to do. No one starts a business to hire people, only reason to start a business for profit nothing else. Only fuck ups start up a business for something else…bankruptcy? 4 times?!?!?!? Holy shit, out of like 300 businesses he has had, that's like a 98% success rate!! Holy shit!
he has always been a public figure. he made sure of that so i don't know what you're talking about? and bellying up four corporations IS a big deal. he's also left a trail of people he's cheated out of money and a scam "university" for which he's under criminal investigation.... .or was until he gave "donations" to the campaigns of the prosecutors in texas and florida.
to the point you made that the only reason donald started business was to make money, that is obviously correct. but his "jobs" are mostly off-shored. the fact that you people listen to him amuses the rest of us.
here's what is also correct.... most of us, if we started with a million dollar gift from daddy, would have done a lot better than donald. donald's just a lot of noise. that's why bloomberg made fun of him.
I am writing in my candidate... Elmer Fudd
Anyway, Whatever so-called bad things he's done Pale in comparison to what any given career politician has done....
1. no president in the last 40 years has refused to disclose his tax returns.
2. when your entire campaign is based on "i'm rich, i know what i'm doing", then you have to disclose....or maybe he's lying and isn't worth much
3. if his finances are tied to russia, then we know why he's taking foreign policy positions that are not in keeping with our national interests.
4. if it were hillary, you'd be demanding the FBI investigate
that's why
U.S. National Debt Clock : Real Time
Na, it's best not put another fucked up career politician into office... We have tried that for a hundred plus years. 100% fuck up rate by doing that. Here is all we have to show for it...Who gives a shit, his finances are personal none of the federal governments business. Bloomberg is a sorry ass sack of shit, a control freak of the worst order, and BTW has a severe case of little man syndrome.No doubt, up to this point he was not a pubic figure business is business you got to do what you got to do. No one starts a business to hire people, only reason to start a business for profit nothing else. Only fuck ups start up a business for something else…
he has always been a public figure. he made sure of that so i don't know what you're talking about? and bellying up four corporations IS a big deal. he's also left a trail of people he's cheated out of money and a scam "university" for which he's under criminal investigation.... .or was until he gave "donations" to the campaigns of the prosecutors in texas and florida.
to the point you made that the only reason donald started business was to make money, that is obviously correct. but his "jobs" are mostly off-shored. the fact that you people listen to him amuses the rest of us.
here's what is also correct.... most of us, if we started with a million dollar gift from daddy, would have done a lot better than donald. donald's just a lot of noise. that's why bloomberg made fun of him.
I am writing in my candidate... Elmer Fudd
Anyway, Whatever so-called bad things he's done Pale in comparison to what any given career politician has done....
1. no president in the last 40 years has refused to disclose his tax returns.
2. when your entire campaign is based on "i'm rich, i know what i'm doing", then you have to disclose....or maybe he's lying and isn't worth much
3. if his finances are tied to russia, then we know why he's taking foreign policy positions that are not in keeping with our national interests.
4. if it were hillary, you'd be demanding the FBI investigate
that's why
U.S. National Debt Clock : Real Time
“I’m the king of debt. I’m great with debt; nobody knows debt better than me. I’ve made a fortune by using debt,” Trump said during an interview on “CBS This Morning.” “And if things don’t work out, I renegotiate the debt. I mean, that’s a smart thing, not a stupid thing.” ~ Donald J. Drumpf
In A Slump, Trump To Get Allowance Under Banks' David Johnston, Inquirer Staff Writer Inquirer staff writer Barbara Demick contributed to this article
Posted: June 25, 1990
ATLANTIC CITY — Bankers are taking such complete charge of Donald Trump's business and personal finances that they are putting him on an allowance, confidential documents made available to The Inquirer show.
The documents, dated Friday and made available over the weekend, show that as conditions for lending the erstwhile King of Cash $65 million more to ease his cash crunch, the banks will name two executives to run the Trump empire, bar him from moving money among his companies without the banks' permission, and limit him to a $450,000 allowance for "personal and household spending."
By the way, that's $450,000 per month, not per year.
The $5.4 million personal budget for this year results from a month of hard, dawn-to-dusk negotiations with lenders. Imagine what the Trump lifestyle must have cost before fortune left The Donald at the mercy of his bankers.
More than 50 banks from Newark, N.J., to Dresden, East Germany, to Tokyo are demanding radical spending cuts, both in Trump's personal life and his business empire.
Trump is submitting to the bankers' financial shackles because he cannot come up with enough cash to pay interest on more than $3.3 billion he borrowed
from banks and junk-bond buyers.
By making new loans, the banks hope to get past the immediate financial crisis, giving them time to sell off unprofitable pieces of the Trump empire at better than fire-sale prices.
In effect, Trump is engaged in a privately negotiated bankruptcy at which the banks are presiding. When an accord is reached, and if the downsized Trump Organization can then pay its bills, Trump will have escaped the onerous
financial and emotional consequences of having a U.S. Bankruptcy Court judge liquidate his assets. Indeed, the developer who says that deals are his art is likely to emerge from successful negotiations wealthy, though not fabulously so.
Ten days ago, Trump defaulted on $325 million of Trump Castle Casino Resort mortgage bonds. He has until tomorrow to cure the default without risk that bondholders can force the casino into bankruptcy court. Sources familiar with the talks expressed optimism yesterday that the $22 million principal payment plus $20 million in interest would be made by tomorrow or perhaps within a few days.
While Trump and his bankers have yet to reach an accord, a statement he issued Friday indicated that the final terms will be the same or only slightly different. "The banks we have been working with are very close to coming together in support of a restructuring plan," Trump said in the statement.
Trump and the banks have also agreed that in years to come the Trump lifestyle must be drastically scaled back.
This year's $5.4 million personal allowance will be cut to $4.5 million next year and $3 million annually starting in 1992. Trump will be required to produce receipts for all personal and household expenses.
That is certain to put a serious crimp in a free-spending lifestyle that included a 284-foot yacht that he has said is too small, a Boeing 727, a helicopter and a Florida mansion with 118 rooms.
Interest payments and upkeep on his Florida place, Mar-A-Lago, cost about $2 million a year - and it is his third home. He also has a Trump Tower penthouse and a Connecticut mansion.
Obviously some of these trophies will have to go. The Trump Princess yacht, the jet and the copter are for sale. Trump has insisted in interviews that he would never sell Mar-A-Lago, but that was before the bankers encamped in his office last month.
He also will get a salary, not to exceed $200,000. The documents suggest that the salary is an annual figure, but it may be monthly, in which case he would receive up to $2.4 million per year, before taxes, that he could spend without requiring the approval of his bankers.
There is no provision listed for cost-of-living increases, and the tentative agreement bars Trump from receiving fees for being a director of any of the dozens of corporations and partnerships solely owned by him. He cannot be paid bonuses, not even for outstanding performance.
Trump Organization executives would be limited to $300,000 salaries or fees under personal service contracts. This is far less than several are believed to receive now. The only relative who could be on the Trump Organization payroll, the summary states, is Trump's brother, Robert, who is one of the top executives.
The salary limits do not appear to apply to operating companies such as Trump's casinos and the Plaza Hotel in New York, which is headed by the developer's estranged wife, Ivana. When Trump appointed her he said she would be paid "one dollar and all the dresses she can buy."
On the business side of the negotiations, the banks have agreed to let Trump go into the casino business in Las Vegas, provided there is outside financing they deem acceptable.
But banks also have demanded concessions, and the nature of them, as revealed in the documents, shows that like many entrepreneurs, Trump operates his umbrella company without strong financial controls and little or no long- range planning.
One provision, for example, requires Trump to "install and maintain a system of accounting controls and business planning, including appropriate staffing, by no later than Sept. 30, 1990."
He also must obtain an "unqualified" audit from Kenneth Leventhal & Co., a Los Angeles accounting firm noted for its expertise in dealing with troubled real estate firms. An unqualified audit means that the accountants have no reservations about the financial position stated on Trump's books.
The negotiating documents, including an eight-page summary of promises Trump agreed to as conditions for the new loans, indicate interest on new bank loans will cost Trump the prime rate plus 1 percent.
The summary's listing of requirements for how, what and when Trump must report to his bankers takes up 2 1/2 typed pages.
According to the documents, Trump will not be allowed to transfer money among the dozens of legally separate but economically linked companies that are solely owned by him without the written permission of the banks. Likewise, he will not be allowed to sell assets, sign leases or take on new debt without the banks' permission.
The banks also are requiring that he maintain certain bank balances. If his businesses generate more cash than expected, the extra money must be turned over to the banks.
The banks will name a chief operating officer and a chief financial officer for the Trump Organization, which oversees Trump's three Atlantic City casinos, the Trump Shuttle airline and his real estate. Each of the Trump operating companies, such as he Trump Shuttle, also must have a financial officer approved by the banks.
Within 90 days after the Trump Organization chief financial officer is named, or by the end of this year if that is sooner, Trump must give the banks reports "detailing short-range plans to achieve savings" or to eliminate all red ink. An alternate plan also must be prepared.
By each Nov. 30, Trump must provide a procedures report detailing how each of his companies will operate in the following year.
The banks want such intense reporting that every 90 days, Trump, the chief operating officer to be named by the banks, and the chief executive and chief
financial officer of each Trump entity must certify in writing that they are meeting the financial goals set down by the banks.
Any Trump entity not generating as much cash as expected must produce a detailed report every 30 days explaining why.
In A Slump, Trump To Get Allowance Under Banks' Plan
The whiny diaper baby had to be put on an allowance because he always pays his bills.
uh-huh.
speaking of undermining the full faith and credit which administration
was in power when our credit rating was downgraded
That is not the point, we have tried career politicians and not one of them was different than the next including the last "hope and change" fraudulent fucker.Na, it's best not put another fucked up career politician into office... We have tried that for a hundred plus years. 100% fuck up rate by doing that. Here is all we have to show for it...Who gives a shit, his finances are personal none of the federal governments business. Bloomberg is a sorry ass sack of shit, a control freak of the worst order, and BTW has a severe case of little man syndrome.No doubt, up to this point he was not a pubic figure business is business you got to do what you got to do. No one starts a business to hire people, only reason to start a business for profit nothing else. Only fuck ups start up a business for something else…
he has always been a public figure. he made sure of that so i don't know what you're talking about? and bellying up four corporations IS a big deal. he's also left a trail of people he's cheated out of money and a scam "university" for which he's under criminal investigation.... .or was until he gave "donations" to the campaigns of the prosecutors in texas and florida.
to the point you made that the only reason donald started business was to make money, that is obviously correct. but his "jobs" are mostly off-shored. the fact that you people listen to him amuses the rest of us.
here's what is also correct.... most of us, if we started with a million dollar gift from daddy, would have done a lot better than donald. donald's just a lot of noise. that's why bloomberg made fun of him.
I am writing in my candidate... Elmer Fudd
Anyway, Whatever so-called bad things he's done Pale in comparison to what any given career politician has done....
1. no president in the last 40 years has refused to disclose his tax returns.
2. when your entire campaign is based on "i'm rich, i know what i'm doing", then you have to disclose....or maybe he's lying and isn't worth much
3. if his finances are tied to russia, then we know why he's taking foreign policy positions that are not in keeping with our national interests.
4. if it were hillary, you'd be demanding the FBI investigate
that's why
U.S. National Debt Clock : Real Time
“I’m the king of debt. I’m great with debt; nobody knows debt better than me. I’ve made a fortune by using debt,” Trump said during an interview on “CBS This Morning.” “And if things don’t work out, I renegotiate the debt. I mean, that’s a smart thing, not a stupid thing.” ~ Donald J. Drumpf
In A Slump, Trump To Get Allowance Under Banks' David Johnston, Inquirer Staff Writer Inquirer staff writer Barbara Demick contributed to this article
Posted: June 25, 1990
ATLANTIC CITY — Bankers are taking such complete charge of Donald Trump's business and personal finances that they are putting him on an allowance, confidential documents made available to The Inquirer show.
The documents, dated Friday and made available over the weekend, show that as conditions for lending the erstwhile King of Cash $65 million more to ease his cash crunch, the banks will name two executives to run the Trump empire, bar him from moving money among his companies without the banks' permission, and limit him to a $450,000 allowance for "personal and household spending."
By the way, that's $450,000 per month, not per year.
The $5.4 million personal budget for this year results from a month of hard, dawn-to-dusk negotiations with lenders. Imagine what the Trump lifestyle must have cost before fortune left The Donald at the mercy of his bankers.
More than 50 banks from Newark, N.J., to Dresden, East Germany, to Tokyo are demanding radical spending cuts, both in Trump's personal life and his business empire.
Trump is submitting to the bankers' financial shackles because he cannot come up with enough cash to pay interest on more than $3.3 billion he borrowed
from banks and junk-bond buyers.
By making new loans, the banks hope to get past the immediate financial crisis, giving them time to sell off unprofitable pieces of the Trump empire at better than fire-sale prices.
In effect, Trump is engaged in a privately negotiated bankruptcy at which the banks are presiding. When an accord is reached, and if the downsized Trump Organization can then pay its bills, Trump will have escaped the onerous
financial and emotional consequences of having a U.S. Bankruptcy Court judge liquidate his assets. Indeed, the developer who says that deals are his art is likely to emerge from successful negotiations wealthy, though not fabulously so.
Ten days ago, Trump defaulted on $325 million of Trump Castle Casino Resort mortgage bonds. He has until tomorrow to cure the default without risk that bondholders can force the casino into bankruptcy court. Sources familiar with the talks expressed optimism yesterday that the $22 million principal payment plus $20 million in interest would be made by tomorrow or perhaps within a few days.
While Trump and his bankers have yet to reach an accord, a statement he issued Friday indicated that the final terms will be the same or only slightly different. "The banks we have been working with are very close to coming together in support of a restructuring plan," Trump said in the statement.
Trump and the banks have also agreed that in years to come the Trump lifestyle must be drastically scaled back.
This year's $5.4 million personal allowance will be cut to $4.5 million next year and $3 million annually starting in 1992. Trump will be required to produce receipts for all personal and household expenses.
That is certain to put a serious crimp in a free-spending lifestyle that included a 284-foot yacht that he has said is too small, a Boeing 727, a helicopter and a Florida mansion with 118 rooms.
Interest payments and upkeep on his Florida place, Mar-A-Lago, cost about $2 million a year - and it is his third home. He also has a Trump Tower penthouse and a Connecticut mansion.
Obviously some of these trophies will have to go. The Trump Princess yacht, the jet and the copter are for sale. Trump has insisted in interviews that he would never sell Mar-A-Lago, but that was before the bankers encamped in his office last month.
He also will get a salary, not to exceed $200,000. The documents suggest that the salary is an annual figure, but it may be monthly, in which case he would receive up to $2.4 million per year, before taxes, that he could spend without requiring the approval of his bankers.
There is no provision listed for cost-of-living increases, and the tentative agreement bars Trump from receiving fees for being a director of any of the dozens of corporations and partnerships solely owned by him. He cannot be paid bonuses, not even for outstanding performance.
Trump Organization executives would be limited to $300,000 salaries or fees under personal service contracts. This is far less than several are believed to receive now. The only relative who could be on the Trump Organization payroll, the summary states, is Trump's brother, Robert, who is one of the top executives.
The salary limits do not appear to apply to operating companies such as Trump's casinos and the Plaza Hotel in New York, which is headed by the developer's estranged wife, Ivana. When Trump appointed her he said she would be paid "one dollar and all the dresses she can buy."
On the business side of the negotiations, the banks have agreed to let Trump go into the casino business in Las Vegas, provided there is outside financing they deem acceptable.
But banks also have demanded concessions, and the nature of them, as revealed in the documents, shows that like many entrepreneurs, Trump operates his umbrella company without strong financial controls and little or no long- range planning.
One provision, for example, requires Trump to "install and maintain a system of accounting controls and business planning, including appropriate staffing, by no later than Sept. 30, 1990."
He also must obtain an "unqualified" audit from Kenneth Leventhal & Co., a Los Angeles accounting firm noted for its expertise in dealing with troubled real estate firms. An unqualified audit means that the accountants have no reservations about the financial position stated on Trump's books.
The negotiating documents, including an eight-page summary of promises Trump agreed to as conditions for the new loans, indicate interest on new bank loans will cost Trump the prime rate plus 1 percent.
The summary's listing of requirements for how, what and when Trump must report to his bankers takes up 2 1/2 typed pages.
According to the documents, Trump will not be allowed to transfer money among the dozens of legally separate but economically linked companies that are solely owned by him without the written permission of the banks. Likewise, he will not be allowed to sell assets, sign leases or take on new debt without the banks' permission.
The banks also are requiring that he maintain certain bank balances. If his businesses generate more cash than expected, the extra money must be turned over to the banks.
The banks will name a chief operating officer and a chief financial officer for the Trump Organization, which oversees Trump's three Atlantic City casinos, the Trump Shuttle airline and his real estate. Each of the Trump operating companies, such as he Trump Shuttle, also must have a financial officer approved by the banks.
Within 90 days after the Trump Organization chief financial officer is named, or by the end of this year if that is sooner, Trump must give the banks reports "detailing short-range plans to achieve savings" or to eliminate all red ink. An alternate plan also must be prepared.
By each Nov. 30, Trump must provide a procedures report detailing how each of his companies will operate in the following year.
The banks want such intense reporting that every 90 days, Trump, the chief operating officer to be named by the banks, and the chief executive and chief
financial officer of each Trump entity must certify in writing that they are meeting the financial goals set down by the banks.
Any Trump entity not generating as much cash as expected must produce a detailed report every 30 days explaining why.
In A Slump, Trump To Get Allowance Under Banks' Plan
The whiny diaper baby had to be put on an allowance because he always pays his bills.
uh-huh.
That is not the point, we have tried career politicians and not one of them was different than the next including the last "hope and change" fraudulent fucker.Na, it's best not put another fucked up career politician into office... We have tried that for a hundred plus years. 100% fuck up rate by doing that. Here is all we have to show for it...Who gives a shit, his finances are personal none of the federal governments business. Bloomberg is a sorry ass sack of shit, a control freak of the worst order, and BTW has a severe case of little man syndrome.he has always been a public figure. he made sure of that so i don't know what you're talking about? and bellying up four corporations IS a big deal. he's also left a trail of people he's cheated out of money and a scam "university" for which he's under criminal investigation.... .or was until he gave "donations" to the campaigns of the prosecutors in texas and florida.
to the point you made that the only reason donald started business was to make money, that is obviously correct. but his "jobs" are mostly off-shored. the fact that you people listen to him amuses the rest of us.
here's what is also correct.... most of us, if we started with a million dollar gift from daddy, would have done a lot better than donald. donald's just a lot of noise. that's why bloomberg made fun of him.
I am writing in my candidate... Elmer Fudd
Anyway, Whatever so-called bad things he's done Pale in comparison to what any given career politician has done....
1. no president in the last 40 years has refused to disclose his tax returns.
2. when your entire campaign is based on "i'm rich, i know what i'm doing", then you have to disclose....or maybe he's lying and isn't worth much
3. if his finances are tied to russia, then we know why he's taking foreign policy positions that are not in keeping with our national interests.
4. if it were hillary, you'd be demanding the FBI investigate
that's why
U.S. National Debt Clock : Real Time
“I’m the king of debt. I’m great with debt; nobody knows debt better than me. I’ve made a fortune by using debt,” Trump said during an interview on “CBS This Morning.” “And if things don’t work out, I renegotiate the debt. I mean, that’s a smart thing, not a stupid thing.” ~ Donald J. Drumpf
In A Slump, Trump To Get Allowance Under Banks' David Johnston, Inquirer Staff Writer Inquirer staff writer Barbara Demick contributed to this article
Posted: June 25, 1990
ATLANTIC CITY — Bankers are taking such complete charge of Donald Trump's business and personal finances that they are putting him on an allowance, confidential documents made available to The Inquirer show.
The documents, dated Friday and made available over the weekend, show that as conditions for lending the erstwhile King of Cash $65 million more to ease his cash crunch, the banks will name two executives to run the Trump empire, bar him from moving money among his companies without the banks' permission, and limit him to a $450,000 allowance for "personal and household spending."
By the way, that's $450,000 per month, not per year.
The $5.4 million personal budget for this year results from a month of hard, dawn-to-dusk negotiations with lenders. Imagine what the Trump lifestyle must have cost before fortune left The Donald at the mercy of his bankers.
More than 50 banks from Newark, N.J., to Dresden, East Germany, to Tokyo are demanding radical spending cuts, both in Trump's personal life and his business empire.
Trump is submitting to the bankers' financial shackles because he cannot come up with enough cash to pay interest on more than $3.3 billion he borrowed
from banks and junk-bond buyers.
By making new loans, the banks hope to get past the immediate financial crisis, giving them time to sell off unprofitable pieces of the Trump empire at better than fire-sale prices.
In effect, Trump is engaged in a privately negotiated bankruptcy at which the banks are presiding. When an accord is reached, and if the downsized Trump Organization can then pay its bills, Trump will have escaped the onerous
financial and emotional consequences of having a U.S. Bankruptcy Court judge liquidate his assets. Indeed, the developer who says that deals are his art is likely to emerge from successful negotiations wealthy, though not fabulously so.
Ten days ago, Trump defaulted on $325 million of Trump Castle Casino Resort mortgage bonds. He has until tomorrow to cure the default without risk that bondholders can force the casino into bankruptcy court. Sources familiar with the talks expressed optimism yesterday that the $22 million principal payment plus $20 million in interest would be made by tomorrow or perhaps within a few days.
While Trump and his bankers have yet to reach an accord, a statement he issued Friday indicated that the final terms will be the same or only slightly different. "The banks we have been working with are very close to coming together in support of a restructuring plan," Trump said in the statement.
Trump and the banks have also agreed that in years to come the Trump lifestyle must be drastically scaled back.
This year's $5.4 million personal allowance will be cut to $4.5 million next year and $3 million annually starting in 1992. Trump will be required to produce receipts for all personal and household expenses.
That is certain to put a serious crimp in a free-spending lifestyle that included a 284-foot yacht that he has said is too small, a Boeing 727, a helicopter and a Florida mansion with 118 rooms.
Interest payments and upkeep on his Florida place, Mar-A-Lago, cost about $2 million a year - and it is his third home. He also has a Trump Tower penthouse and a Connecticut mansion.
Obviously some of these trophies will have to go. The Trump Princess yacht, the jet and the copter are for sale. Trump has insisted in interviews that he would never sell Mar-A-Lago, but that was before the bankers encamped in his office last month.
He also will get a salary, not to exceed $200,000. The documents suggest that the salary is an annual figure, but it may be monthly, in which case he would receive up to $2.4 million per year, before taxes, that he could spend without requiring the approval of his bankers.
There is no provision listed for cost-of-living increases, and the tentative agreement bars Trump from receiving fees for being a director of any of the dozens of corporations and partnerships solely owned by him. He cannot be paid bonuses, not even for outstanding performance.
Trump Organization executives would be limited to $300,000 salaries or fees under personal service contracts. This is far less than several are believed to receive now. The only relative who could be on the Trump Organization payroll, the summary states, is Trump's brother, Robert, who is one of the top executives.
The salary limits do not appear to apply to operating companies such as Trump's casinos and the Plaza Hotel in New York, which is headed by the developer's estranged wife, Ivana. When Trump appointed her he said she would be paid "one dollar and all the dresses she can buy."
On the business side of the negotiations, the banks have agreed to let Trump go into the casino business in Las Vegas, provided there is outside financing they deem acceptable.
But banks also have demanded concessions, and the nature of them, as revealed in the documents, shows that like many entrepreneurs, Trump operates his umbrella company without strong financial controls and little or no long- range planning.
One provision, for example, requires Trump to "install and maintain a system of accounting controls and business planning, including appropriate staffing, by no later than Sept. 30, 1990."
He also must obtain an "unqualified" audit from Kenneth Leventhal & Co., a Los Angeles accounting firm noted for its expertise in dealing with troubled real estate firms. An unqualified audit means that the accountants have no reservations about the financial position stated on Trump's books.
The negotiating documents, including an eight-page summary of promises Trump agreed to as conditions for the new loans, indicate interest on new bank loans will cost Trump the prime rate plus 1 percent.
The summary's listing of requirements for how, what and when Trump must report to his bankers takes up 2 1/2 typed pages.
According to the documents, Trump will not be allowed to transfer money among the dozens of legally separate but economically linked companies that are solely owned by him without the written permission of the banks. Likewise, he will not be allowed to sell assets, sign leases or take on new debt without the banks' permission.
The banks also are requiring that he maintain certain bank balances. If his businesses generate more cash than expected, the extra money must be turned over to the banks.
The banks will name a chief operating officer and a chief financial officer for the Trump Organization, which oversees Trump's three Atlantic City casinos, the Trump Shuttle airline and his real estate. Each of the Trump operating companies, such as he Trump Shuttle, also must have a financial officer approved by the banks.
Within 90 days after the Trump Organization chief financial officer is named, or by the end of this year if that is sooner, Trump must give the banks reports "detailing short-range plans to achieve savings" or to eliminate all red ink. An alternate plan also must be prepared.
By each Nov. 30, Trump must provide a procedures report detailing how each of his companies will operate in the following year.
The banks want such intense reporting that every 90 days, Trump, the chief operating officer to be named by the banks, and the chief executive and chief
financial officer of each Trump entity must certify in writing that they are meeting the financial goals set down by the banks.
Any Trump entity not generating as much cash as expected must produce a detailed report every 30 days explaining why.
In A Slump, Trump To Get Allowance Under Banks' Plan
The whiny diaper baby had to be put on an allowance because he always pays his bills.
uh-huh.
LolThat is not the point, we have tried career politicians and not one of them was different than the next including the last "hope and change" fraudulent fucker.Na, it's best not put another fucked up career politician into office... We have tried that for a hundred plus years. 100% fuck up rate by doing that. Here is all we have to show for it...Who gives a shit, his finances are personal none of the federal governments business. Bloomberg is a sorry ass sack of shit, a control freak of the worst order, and BTW has a severe case of little man syndrome.
I am writing in my candidate... Elmer Fudd
Anyway, Whatever so-called bad things he's done Pale in comparison to what any given career politician has done....
1. no president in the last 40 years has refused to disclose his tax returns.
2. when your entire campaign is based on "i'm rich, i know what i'm doing", then you have to disclose....or maybe he's lying and isn't worth much
3. if his finances are tied to russia, then we know why he's taking foreign policy positions that are not in keeping with our national interests.
4. if it were hillary, you'd be demanding the FBI investigate
that's why
U.S. National Debt Clock : Real Time
“I’m the king of debt. I’m great with debt; nobody knows debt better than me. I’ve made a fortune by using debt,” Trump said during an interview on “CBS This Morning.” “And if things don’t work out, I renegotiate the debt. I mean, that’s a smart thing, not a stupid thing.” ~ Donald J. Drumpf
In A Slump, Trump To Get Allowance Under Banks' David Johnston, Inquirer Staff Writer Inquirer staff writer Barbara Demick contributed to this article
Posted: June 25, 1990
ATLANTIC CITY — Bankers are taking such complete charge of Donald Trump's business and personal finances that they are putting him on an allowance, confidential documents made available to The Inquirer show.
The documents, dated Friday and made available over the weekend, show that as conditions for lending the erstwhile King of Cash $65 million more to ease his cash crunch, the banks will name two executives to run the Trump empire, bar him from moving money among his companies without the banks' permission, and limit him to a $450,000 allowance for "personal and household spending."
By the way, that's $450,000 per month, not per year.
The $5.4 million personal budget for this year results from a month of hard, dawn-to-dusk negotiations with lenders. Imagine what the Trump lifestyle must have cost before fortune left The Donald at the mercy of his bankers.
More than 50 banks from Newark, N.J., to Dresden, East Germany, to Tokyo are demanding radical spending cuts, both in Trump's personal life and his business empire.
Trump is submitting to the bankers' financial shackles because he cannot come up with enough cash to pay interest on more than $3.3 billion he borrowed
from banks and junk-bond buyers.
By making new loans, the banks hope to get past the immediate financial crisis, giving them time to sell off unprofitable pieces of the Trump empire at better than fire-sale prices.
In effect, Trump is engaged in a privately negotiated bankruptcy at which the banks are presiding. When an accord is reached, and if the downsized Trump Organization can then pay its bills, Trump will have escaped the onerous
financial and emotional consequences of having a U.S. Bankruptcy Court judge liquidate his assets. Indeed, the developer who says that deals are his art is likely to emerge from successful negotiations wealthy, though not fabulously so.
Ten days ago, Trump defaulted on $325 million of Trump Castle Casino Resort mortgage bonds. He has until tomorrow to cure the default without risk that bondholders can force the casino into bankruptcy court. Sources familiar with the talks expressed optimism yesterday that the $22 million principal payment plus $20 million in interest would be made by tomorrow or perhaps within a few days.
While Trump and his bankers have yet to reach an accord, a statement he issued Friday indicated that the final terms will be the same or only slightly different. "The banks we have been working with are very close to coming together in support of a restructuring plan," Trump said in the statement.
Trump and the banks have also agreed that in years to come the Trump lifestyle must be drastically scaled back.
This year's $5.4 million personal allowance will be cut to $4.5 million next year and $3 million annually starting in 1992. Trump will be required to produce receipts for all personal and household expenses.
That is certain to put a serious crimp in a free-spending lifestyle that included a 284-foot yacht that he has said is too small, a Boeing 727, a helicopter and a Florida mansion with 118 rooms.
Interest payments and upkeep on his Florida place, Mar-A-Lago, cost about $2 million a year - and it is his third home. He also has a Trump Tower penthouse and a Connecticut mansion.
Obviously some of these trophies will have to go. The Trump Princess yacht, the jet and the copter are for sale. Trump has insisted in interviews that he would never sell Mar-A-Lago, but that was before the bankers encamped in his office last month.
He also will get a salary, not to exceed $200,000. The documents suggest that the salary is an annual figure, but it may be monthly, in which case he would receive up to $2.4 million per year, before taxes, that he could spend without requiring the approval of his bankers.
There is no provision listed for cost-of-living increases, and the tentative agreement bars Trump from receiving fees for being a director of any of the dozens of corporations and partnerships solely owned by him. He cannot be paid bonuses, not even for outstanding performance.
Trump Organization executives would be limited to $300,000 salaries or fees under personal service contracts. This is far less than several are believed to receive now. The only relative who could be on the Trump Organization payroll, the summary states, is Trump's brother, Robert, who is one of the top executives.
The salary limits do not appear to apply to operating companies such as Trump's casinos and the Plaza Hotel in New York, which is headed by the developer's estranged wife, Ivana. When Trump appointed her he said she would be paid "one dollar and all the dresses she can buy."
On the business side of the negotiations, the banks have agreed to let Trump go into the casino business in Las Vegas, provided there is outside financing they deem acceptable.
But banks also have demanded concessions, and the nature of them, as revealed in the documents, shows that like many entrepreneurs, Trump operates his umbrella company without strong financial controls and little or no long- range planning.
One provision, for example, requires Trump to "install and maintain a system of accounting controls and business planning, including appropriate staffing, by no later than Sept. 30, 1990."
He also must obtain an "unqualified" audit from Kenneth Leventhal & Co., a Los Angeles accounting firm noted for its expertise in dealing with troubled real estate firms. An unqualified audit means that the accountants have no reservations about the financial position stated on Trump's books.
The negotiating documents, including an eight-page summary of promises Trump agreed to as conditions for the new loans, indicate interest on new bank loans will cost Trump the prime rate plus 1 percent.
The summary's listing of requirements for how, what and when Trump must report to his bankers takes up 2 1/2 typed pages.
According to the documents, Trump will not be allowed to transfer money among the dozens of legally separate but economically linked companies that are solely owned by him without the written permission of the banks. Likewise, he will not be allowed to sell assets, sign leases or take on new debt without the banks' permission.
The banks also are requiring that he maintain certain bank balances. If his businesses generate more cash than expected, the extra money must be turned over to the banks.
The banks will name a chief operating officer and a chief financial officer for the Trump Organization, which oversees Trump's three Atlantic City casinos, the Trump Shuttle airline and his real estate. Each of the Trump operating companies, such as he Trump Shuttle, also must have a financial officer approved by the banks.
Within 90 days after the Trump Organization chief financial officer is named, or by the end of this year if that is sooner, Trump must give the banks reports "detailing short-range plans to achieve savings" or to eliminate all red ink. An alternate plan also must be prepared.
By each Nov. 30, Trump must provide a procedures report detailing how each of his companies will operate in the following year.
The banks want such intense reporting that every 90 days, Trump, the chief operating officer to be named by the banks, and the chief executive and chief
financial officer of each Trump entity must certify in writing that they are meeting the financial goals set down by the banks.
Any Trump entity not generating as much cash as expected must produce a detailed report every 30 days explaining why.
In A Slump, Trump To Get Allowance Under Banks' Plan
The whiny diaper baby had to be put on an allowance because he always pays his bills.
uh-huh.
Thanks for the meme. Again. It is the point. There is a difference between rejecting what you call "career politicians" and picking someone wholly temperamentally and intellectually being incapable of doing the job just because he expresses your rage. That is a child's temper tantrum.
This should make any principled person refuse to vote for the reality show host
"During a 33-year career at the Central Intelligence Agency, I served presidents of both parties — three Republicans and three Democrats. I was at President George W. Bush’s side when we were attacked on Sept. 11; as deputy director of the agency, I was with President Obama when we killed Osama bin Laden in 2011.
I am neither a registered Democrat nor a registered Republican. In my 40 years of voting, I have pulled the lever for candidates of both parties. As a government official, I have always been silent about my preference for president.
No longer. On Nov. 8, I will vote for Hillary Clinton. Between now and then, I will do everything I can to ensure that she is elected as our 45th president.
Two strongly held beliefs have brought me to this decision. First, Mrs. Clinton is highly qualified to be commander in chief. I trust she will deliver on the most important duty of a president — keeping our nation safe. Second, Donald J. Trump is not only unqualified for the job, but he may well pose a threat to our national security.
I spent four years working with Mrs. Clinton when she was secretary of state, most often in the White House Situation Room. In these critically important meetings, I found her to be prepared, detail-oriented, thoughtful, inquisitive and willing to change her mind if presented with a compelling argument.
I also saw the secretary’s commitment to our nation’s security; her belief that America is an exceptional nation that must lead in the world for the country to remain secure and prosperous; her understanding that diplomacy can be effective only if the country is perceived as willing and able to use force if necessary; and, most important, her capacity to make the most difficult decision of all — whether to put young American women and men in harm’s way."
more at link:
http://www.nytimes.com/2016/08/05/o...ia-now-im-endorsing-hillary-clinton.html?_r=0
Maybe he is. But we know Hitlery is a pathological liar and yet you continue worship the ground she walks on and make excuses for her. What a shame that you don't have an ounce of integrity in your entire body. But then again, if you did, you wouldn't be a liberal.have to disclose....or maybe he's lying and isn't worth much
I'm so old I remember when the left despised the CIA.This should make any principled person refuse to vote for the reality show host
"During a 33-year career at the Central Intelligence Agency, I served presidents of both parties — three Republicans and three Democrats. I was at President George W. Bush’s side when we were attacked on Sept. 11; as deputy director of the agency, I was with President Obama when we killed Osama bin Laden in 2011.
I am neither a registered Democrat nor a registered Republican. In my 40 years of voting, I have pulled the lever for candidates of both parties. As a government official, I have always been silent about my preference for president.
No longer. On Nov. 8, I will vote for Hillary Clinton. Between now and then, I will do everything I can to ensure that she is elected as our 45th president.
Two strongly held beliefs have brought me to this decision. First, Mrs. Clinton is highly qualified to be commander in chief. I trust she will deliver on the most important duty of a president — keeping our nation safe. Second, Donald J. Trump is not only unqualified for the job, but he may well pose a threat to our national security.
I spent four years working with Mrs. Clinton when she was secretary of state, most often in the White House Situation Room. In these critically important meetings, I found her to be prepared, detail-oriented, thoughtful, inquisitive and willing to change her mind if presented with a compelling argument.
I also saw the secretary’s commitment to our nation’s security; her belief that America is an exceptional nation that must lead in the world for the country to remain secure and prosperous; her understanding that diplomacy can be effective only if the country is perceived as willing and able to use force if necessary; and, most important, her capacity to make the most difficult decision of all — whether to put young American women and men in harm’s way."
more at link:
http://www.nytimes.com/2016/08/05/o...ia-now-im-endorsing-hillary-clinton.html?_r=0
You just described Hitlery Clinton... Hitlery flies off the handle 24x7 and verbally (and even physically) abuses her own people.There is a difference between rejecting what you call "career politicians" and picking someone wholly temperamentally and intellectually being incapable of doing the job just because he expresses your rage. That is a child's temper tantrum.
