Savvy Trades and Investments

[value1008]

OT: After the stunning, massively documented NY Times indepth articles from Oct 2, 2018 (about the tax-fraud cheating Trump family of Fred Sr. and his adult children) and May 7, 2019 (Trump revealed as "the Biggest Loser" the IRS has ever seen) -- comes an even more scathing reveal last night (Sep. 27, 2020) on Trump's desperate financial state and the continuing 'con-man' sham he's running on the American public.

https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html

Regarding the massively revelatory NY Times in-depth articles published yesterday evening about his pretending to be such a "hugely successful businessman," it shows (among many other disturbing things), that he has over $300 million in debt coming due by 2022, that the unknown parties holding this debt make him a national security liability, that he has been liquidating huge positions to stay solvent, and that several of his biggest businesses are "big losers" and certainly not the vaunted successes he claims.

Here are just some among the storm of tweets, mainly from analysts and longtime former Republicans, with a few Dem opinions thrown in:

David Rothkopf@djrothkopf (CEO & host of Deep State Radio; next book-"Traitor: A History of American Betrayal from Benedict Arnold to Donald Trump") • 27 Sep 20, 5 pm It is impossible to read this exceptional @NYTimes story on Trump's taxes & not conclude he is a crook, his kids are crooks, his companies are badly mismanaged & his financial future is precarious. His creditors own him. We need to know who they are.

Jason Kander@JasonKander• To summarize the NYT story: Trump got a bunch of $ from his daddy. He lost it all, but then he got paid hundreds of millions to play a billionaire on TV. He tried to use that $ to become a real billionaire, but he lost it all again. Now he's starting over, but we're his daddy.
Jason Kander@JasonKander• He’s broke, he lives in our house, and he’s been stealing from us.

Ted Lieu@tedlieu• US House candidate, CA-33 Any American who filed a tax return that looked like #TrumpTaxes would be denied a security clearance. @realDonaldTrump is a walking national security liability. He can be leveraged by foreign powers. Actually, pretty sure that has already happened

Former FBI agent and CNN security analyst: Josh Campbell@joshscampbell• Worth noting that significant delinquent debt disqualifies most people from obtaining a government security clearance. The U.S. government views this as a vulnerability and a point of leverage for foreign adversaries seeking access to classified information.

Harvard professor & CNN analyst: Juliette Kayyem@juliettekayyem• 27 Sep 20 - Excessive debt is viewed as a national security vulnerability and generally means no security clearance allowed. Why? Not only because a debt ridden person is desperate, but because the entity loaning has undue influence over the person. #TrumpTaxReturns

Political writer for Salon.com: Amanda Marcotte@AmandaMarcotte• Seriously, there is no one in the country who would have handled being given half a billion — TWICE — as what is basically a gift, and then ended up so broke we don’t pay taxes. That takes a special kind of stupid, the kind that lets 200,000 die of a pandemic.

Amanda Marcotte@AmandaMarcotte• His voters know he’s a cheater and a liar, but they think he’s smart and strong. They’re fooled by his act. But he is neither. He is vain and stupid, a man who was twice given half a billion (first by Daddy, then by Apprentice Daddy) and lost all of it through vanity spending.But he actually ruins literally everything he touches.

Amanda Marcotte@AmandaMarcotte• The more I think about it, the more frustrated I am that the focus of the NY Times article is that Trump is a tax cheat, and not that he is the worst businessman in America, a person who was repeated gifted huge sums of money by benefactors and who flushed it down the toilet.

Jeff Tiedrich@itsJeffTiedrich• Undocumented immigrants pay more in taxes than Donald Trump

The Lincoln Project@ProjectLincoln• He pays next to nothing in taxes and then he uses our money to go golfing. Did I get that right?

David Frum@davidfrum• Sun. 9/27 It says right in the prayerbook that Yom Kippur is the day that God smites deceivers, wrongdoers, and criminals.

Claire McCaskill@clairecmc• The Trump tax story is a national security story.

Tony Schwartz@tonyschwartz• Re Trump's massive fraudulent tax cheating: this is who he is and has always been: a lying, cheating felon. Lock him up.

George Conway@gtconway3d• I’ve been saying to folks for a couple of years that @realDonaldTrump is far more likely to end up incarcerated than re-elected, and today I’ve never felt more confident in that assessment.

Rick Wilson@TheRickWilson•An actual billionaire in New York once told me “Trump isn’t rich. Trump isn’t a billionaire. He’s a clown living on credit.”

Miles Taylor@MilesTaylorUSA• Is it just me, or does the federal government now look like a Trump business? Struggling for direction under the impulses of an unhinged CEO, deeply in debt, high manager turnover rate, low morale, countless lawsuits over questionable practices, and sinking brand reputation.. Oh yeah—and which faces scrutiny for trying to collude with competitors against the best interests of its customers.

David Frum@davidfrum• You can read Trump's tax returns two ways: either Donald Trump is the greatest tax cheat in US history - or he is a financial desperado hopelessly in debt to God knows who & needs every dollar he scams from Secret Service golf car rentals just to pay the electricity bill.


[Other comments seen:]
--Would you hire tRump for anything? Does he have reasonable aptitude at anything that's not criminal in nature?

--The biggest take away is that this confirms what we already know, that Trump is the biggest con man this country has ever seen