Noem confuses a constitutional right with its abuse. Imagine my surprise.

Donald Trump has publicly claimed that he started his business career with a "small loan of $1 million" from his father, Fred Trump

However, investigative reports and financial documents suggest that the support he received was far more substantial.

Here's a breakdown:​

  • Trump’s Claim: He has repeatedly said that in 1975, his father gave him a $1 million loan, which he used to build his real estate empire

  • Reality According to Investigations:
    • A 1985 casino-license document showed Trump owed his father and his father’s businesses about $14 million

    • A New York Times investigation found that over the years, Trump received the equivalent of at least $60.7 million (about $140 millionin today’s dollars) from his father, much of which was never repaid

    • Fred Trump also helped by guaranteeing loans, setting up trusts, and even buying casino chipsto inject cash into Donald’s struggling businesses 2
So while the $1 million loan story is technically true, it significantly understates the full extent of the financial support Trump received from his father.
The New York Times has a history of lying, and this story is 100% disputed by Trump. But to get it straight, because Donald helped his father legally avoid taxation on some properties, the NYTimes is somehow counting that savings as income to Trump? lol. That's quite a stretch, No wonder the Times is considered trash.

My question is if Trump did something illegal as the NYTimes falsely claims, where were the arrests?
 
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The New York Times has a history of lying. I have to ax what the NYTimes is deeming "equivalent of at least $60.7 million". That sounds like nebulous nonsense to me. But even if this tale were true, it takes a tremendous businessman to parlay that amount to $8 billion.

You have a history of lying. You should sit down, apologize, and be quiet for awhile.
 
Donald Trump has publicly claimed that he started his business career with a "small loan of $1 million" from his father, Fred Trump

However, investigative reports and financial documents suggest that the support he received was far more substantial.

Here's a breakdown:​

  • Trump’s Claim: He has repeatedly said that in 1975, his father gave him a $1 million loan, which he used to build his real estate empire

  • Reality According to Investigations:
    • A 1985 casino-license document showed Trump owed his father and his father’s businesses about $14 million

    • A New York Times investigation found that over the years, Trump received the equivalent of at least $60.7 million (about $140 millionin today’s dollars) from his father, much of which was never repaid

    • Fred Trump also helped by guaranteeing loans, setting up trusts, and even buying casino chipsto inject cash into Donald’s struggling businesses 2
So while the $1 million loan story is technically true, it significantly understates the full extent of the financial support Trump received from his father.
So it’s true he started with a loan of 1 million dollars
 
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