A New York Times
investigation has found that Donald Trump owes at least twice as much debt as
he reported in his public filing required of presidential candidates.
The Times put the amount at
$650 million.
It’s long been known that
Trump’s wealth claims are an oasis.
In “The Making of Donald Trump” he is quoted as saying: “my net
worth fluctuates, and it goes up and down with markets and with attitudes and
with feelings, even my own feelings, but I try.”
The Times says: “As president
Mr. Trump would have substantial sway over monetary and tax pay, as well as the
power to make appointments that would directly affect his own financial empired
...Yet The Times’s examination underscored how much of Mr. Trump’s business
remains shrouded in mystery. He has declined to disclose his tax returns or
allow an independent valuation of his assets.
“Earlier in the campaign, Mr.
Trump submitted a 104-page federal financial disclosure form. It said his
businesses owed at least $315 million to a relatively small group of lenders
and listed ties to more than 500 limited liability companies. Though he
answered the questions, the form appears to have been designed for candidates
with simpler finances than his, and did not require disclosure of portions of
his business activities.”
Don’t expect Trump to reveal
his taxes, as every major presidential candidate since the late President
Richard Nixon did.
There are too many years when
he paid none.
Meanwhile, Politico says
Republicans see the future as so bleak they are preparing to break the
emergency glass alarm. They are working on ways to distance their lower-ballot
candidates from Trump as far as possible.
In addition to the Johnston
book, voters who want to see the kind of hijinks Trump has pulled they can now
see a movie showing how he did it all.
Litigation had blocked it
from being shown for years but “Trump What’s The Deal” can now be rented or
bought.
Facebook gives a blook for
those who do not want to rent or buy the movie whose viewing was blocked for a
quarter century.
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