Trump Presidency

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SeekNDestroy

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Remember when a Dem Senate aide doxxed several Republicans during the Kavanaugh hearings, or the recent doxxing of conservative justices over their ruling on Roe, and how you spoke out against doxxing as wrong and condemned it? Yeah, me neither.
It’s always “whataboutisms” with you.
 

SeekNDestroy

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No purpose. Speak if you something to say.

It’s super simple. More money or less. Fuck the politics, I vote with my pocket book.

I’m white as fuck, and far from privileged. Grew up next door to projects and had every reason to be a turd just like my friends.

Don’t punish my savings/hard work because those fuckers across the street can’t figure it out.
It’s too bad you didn’t learn more from Mrs. Jerrell while you were at Roncalli.
 

ulukinatme

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Trump's stupid, but selling top secret documents feels like a sure fire way to get yourself sent to jail with no defense or way out. He made it this far by skirting the rules and vague innuendos. Seems unlikely he risks freedom for chump change.
 

ulukinatme

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Screw you! Why don’t you head over to the Bama page where everyone will agree with your backwards ass political takes?
You need to relax, dude. It's politics, it's not that serious. Bishop has contributed to this entire board and never been a troll. I don't care for Alabama myself, but he's never warranted a banning and he's always been respectful.
 

SeekNDestroy

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Trump's stupid, but selling top secret documents feels like a sure fire way to get yourself sent to jail with no defense or way out. He made it this far by skirting the rules and vague innuendos. Seems unlikely he risks freedom for chump change.
I know you might not believe it but he’s in 10 figure debt to some baaaad people. Those same people have the goods on him.
 

ulukinatme

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I know you might not believe it but he’s in 10 figure debt to some baaaad people. Those same people have the goods on him.
If that's true he probably shouldn't have donated that Presidential salary then. He should ask for a loan from the First Bank of Kushner or sell some more real estate.
 

ab2cmiller

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Newsweek also reported a few days ago that Merrick Garland didn't sign off on the search. They were wrong. Is that misinformation?

There is tons of stuff being reported. A lot of it appears to be very bad. Some of it might be true. Heck it all might be true. But at this point it's a ton of stuff that we are waiting confirmation on. The full story will come out in time. But there appears to be very little appetite for that on this forum.

This thread is literally a dumpster fire at this point.
 
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TorontoGold

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If that's true he probably shouldn't have donated that Presidential salary then. He should ask for a loan from the First Bank of Kushner or sell some more real estate.
That salary would likely not cover the stamping fees for the loans. The great press that his base gives him for the donation was cheaper than running advertisements.
 

Irish2155

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I’ve worked hard as fuck, As does everyone else.

Why has my 401K plummeted? That didn’t happen under Trump.

Why?
 

ulukinatme

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That salary would likely not cover the stamping fees for the loans. The great press that his base gives him for the donation was cheaper than running advertisements.
Seems that it's not necessary. I just saw this article from Forbes from a few weeks ago. Last year about this time it looks like he was about $2 billion+ in the hole, but after selling his Washington hotel and making some other deals he's paid back $900 million of the really bad debt, and much of the rest of it doesn't need to be paid off till 2028 so he's got time. He's also got $375 million on hand, which is 3 times more than he had during his presidency.


Those predictions turned out to be dead wrong. In the last 15 months, the Trump Organization—under indictment, with its founder characterizing the charges as part of a “political Witch Hunt by the Radical Left Democrats”—has managed to rework almost all $900 million of the debt it had coming due. Two of its most troublesome Deutsche Bank loans, totaling $295 million, are now off the books. The former president sold his money-losing hotel in Washington, D.C., to an investment shop connected to former Major League Baseball star Alex Rodriguez and retired boxing champion Floyd Mayweather, thanks to help from a firm tied to computer billionaire Michael Dell. Trump also refinanced $125 million of debt against a Miami golf resort and reworked a $100 million mortgage at Trump Tower.


Trump’s business still has plenty of debt—an estimated $1.1 billion in all—but now most of it doesn’t come due until 2028 or later. Two loans that haven’t been refinanced—a $13 million mortgage against a property on Third Avenue in Manhattan and a $45 million loan against a tower in Chicago—mature in 2024. But neither of those should be too difficult to pay back. After all, Trump now has an estimated $375 million in cash on hand, more than three times the sum he had at any point during his presidency, thanks to the spate of dealmaking.
 
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Armyirish47

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I’ve worked hard as fuck, As does everyone else.

Why has my 401K plummeted? That didn’t happen under Trump.

Why?


When President Biden took office the Dow was at 30,930. It is currently at 33,761. Without knowing what you are doing we don't have much else to go off of.

Just to be clear, that is an increase. I repeat, that is an increase. Sooooo how has yours plummeted? Do you work hard AF but just suck at investing equally AF?
 

GATTACA!

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When President Biden took office the Dow was at 30,930. It is currently at 33,761. Without knowing what you are doing we don't have much else to go off of.

Just to be clear, that is an increase. I repeat, that is an increase. Sooooo how has yours plummeted? Do you work hard AF but just suck at investing equally AF?
His 401k was diversified between $BB and dogecoin.
 

Bishop2b5

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Screw you! Why don’t you head over to the Bama page where everyone will agree with your backwards ass political takes?

Screw you, too!
Remember my post about how you guys on the left are long on emotional overreaction and short on reason and adult discussion? Ahem.

I've never been disrespectful, even when we've disagreed. These types of responses are beneath you, 41. I'll repeat, you clearly need to take a step back from the political discussions and regain some perspective and your composure.
 

TorontoGold

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Seems that it's not necessary. I just saw this article from Forbes from a few weeks ago. Last year about this time it looks like he was about $2 billion+ in the hole, but after selling his Washington hotel and making some other deals he's paid back $900 million of the really bad debt, and much of the rest of it doesn't need to be paid off till 2028 so he's got time. He's also got $375 million on hand, which is 3 times more than he had during his presidency.

I just worked on a refinancing deal where the deal fees for the loan were around $125k on a $22M loan (pretty low IMO). If we bump that up to $1.1B thats $6.6M in fees that need to be paid. That's really not much in the grand scheme of things but the salary he would have received wouldn't have really made a dent in any processing/deal fees for his debt. Tldr - the deal fees for a high profile cheap skate might get waived, but then again he's in a ton of trouble finding a lender who's reputable with his current trajectory.

Also @ 2155, I would suggest index etfs for you to invest in. It's tough to lose money when the markets have been moving in a positive direction the past two years. Of course, this is from communist CPA who only has a couple PE firms and money managers that I work with only a weekly basis.
 

Irish2155

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I just worked on a refinancing deal where the deal fees for the loan were around $125k on a $22M loan (pretty low IMO). If we bump that up to $1.1B thats $6.6M in fees that need to be paid. That's really not much in the grand scheme of things but the salary he would have received wouldn't have really made a dent in any processing/deal fees for his debt. Tldr - the deal fees for a high profile cheap skate might get waived, but then again he's in a ton of trouble finding a lender who's reputable with his current trajectory.

Also @ 2155, I would suggest index etfs for you to invest in. It's tough to lose money when the markets have been moving in a positive direction the past two years. Of course, this is from communist CPA who only has a couple PE firms and money managers that I work with only a weekly basis.
 
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