Did the financial trouble of Mr. Donald J. Trump prepare him to be a better President?

[DennisPTate]

I am of the belief that the financial trouble experienced by Mr. Donald J. Trump back in 1991 prepared him to be a vastly better President than if he had not had this experience.

Later in 1988, Trump acquired the Taj Mahal Casino in Atlantic City, New Jersey, in a transaction with Merv Griffin and Resorts International.[67] The casino was opened in April 1990, and was built at a total cost of $1.1 billion, which at the time made it the most expensive casino ever built.[68][69] Financed with $675 million in junk bonds[70] at a 14% interest rate, the project entered Chapter 11 bankruptcy the following year.[71] Banks and bondholders, facing potential losses of hundreds of millions of dollars, opted to restructure the debt.

https://en.wikipedia.org/wiki/Donald_Trump

Is a FOURTEEN percent rate of interest on real estate excessively high?

I believe that a FOURTEEN percent rate of interest even on real estate is absolutely terrible for the economy and will tend to make it nearly impossible for ordinary people to pay off their homes and get out from under debt and [COMPOUND INTEREST OVER TIME].

So due to what he personally experienced while he was a real estate investor President Donald J. Trump was prepared to be willing to call for "AUDIT THE FED" in 2016, [even though he knew perfectly well that this call would unite his extremely influential and powerful opponents who essentially OWN BIG MEDIA!

President Trump is actually attempting to stick up for the average American but the owners of BigMedia want you to think that he is only defending his billionaire buddies. I believe that the owners of BigMedia are biased against President Trump because the ones who know that they know that they know that they behaved terribly in the past are worried that President Trump has the courage to actually indict them and expose them in front of all America and all the world.

It is my belief that the same people who own BigOil also own BigBanking and BigMedia and they are using COMPOUND Interest Over Time to keep the average American running on an allegorical economic treadmill.

I believe that President Trump knows all about how President Abraham Lincoln saved USA taxpayers FOUR BILLION DOLLARS in interest payments in 1972 USA Dollars, [when the USA Dollar was extremely valuable].

[Melvin Sickler] :

In 1972, the United States Treasury Department was asked to compute the amount of interest that would have been paid if that 400 million dollars would have been borrowed at interest instead of being issued by Abraham Lincoln. They did some computations, and a few weeks later, the United States Treasury Department said the United States Government saved 4 billion dollars in interest because Lincoln had created his own money.

Abraham Lincoln & John F.K assassination

Abraham Lincoln and John F. Kennedy Two great presidents of the United States Assassinated for the cause of justice

www.cidpusa.org

 

[Independent thinker]

I am of the belief that the financial trouble experienced by Mr. Donald J. Trump back in 1991 prepared him to be a vastly better President than if he had not had this experience.



Is a FOURTEEN percent rate of interest on real estate excessively high?

I believe that a FOURTEEN percent rate of interest even on real estate is absolutely terrible for the economy and will tend to make it nearly impossible for ordinary people to pay off their homes and get out from under debt and [COMPOUND INTEREST OVER TIME].

So due to what he personally experienced while he was a real estate investor President Donald J. Trump was prepared to be willing to call for "AUDIT THE FED" in 2016, [even though he knew perfectly well that this call would unite his extremely influential and powerful opponents who essentially OWN BIG MEDIA!

President Trump is actually attempting to stick up for the average American but the owners of BigMedia want you to think that he is only defending his billionaire buddies. I believe that the owners of BigMedia are biased against President Trump because the ones who know that they know that they know that they behaved terribly in the past are worried that President Trump has the courage to actually indict them and expose them in front of all America and all the world.

It is my belief that the same people who own BigOil also own BigBanking and BigMedia and they are using COMPOUND Interest Over Time to keep the average American running on an allegorical economic treadmill.

I believe that President Trump knows all about how President Abraham Lincoln saved USA taxpayers FOUR BILLION DOLLARS in interest payments in 1972 USA Dollars, [when the USA Dollar was extremely valuable].

He certainly learned a lot from his first term.

 

[d0gbreath]

That's preposterous! He's never seen hard times in his whole silver spoon life.

 

[DennisPTate]

He certainly learned a lot from his first term.

You are absolutely correct.

I believe that President Trump, chose much more capable and well informed people to back him up for his 2024 to 2028 term.