dagblog - Comments for "HRC to Trump: "One thing I did in my '30 years'--I shut your damn loophole!""

The predictable follow on

jollyroger — Sat, 08 Oct 2016 17:48:42 +0000

In reply to HRC to Trump: "One thing I did in my '30 years'--I shut your damn loophole!"

The predictable follow on avalanche...

Good point--I believe there's

jollyroger — Sat, 08 Oct 2016 01:03:30 +0000

In reply to Peter, you are embarrassing

Good point--I believe there's 600 million plus still acknowledged. If he's so fuckin' rich,why is he still paying interest to anyone? Maybe that 600 mill is still unpaid from the 916 loss...ye olde parked debtes

Now that's funny.

rmrd0000 — Fri, 07 Oct 2016 20:27:51 +0000

In reply to Spot on Flavius. Though this

Now that's funny.

"Smoke signals" indeed. The

rmrd0000 — Fri, 07 Oct 2016 20:26:58 +0000

In reply to Except under the S

"Smoke signals" indeed. The angry white male failures who form the majority of the Trumpkins blame minorities for the stupidity of the subset. The Orange Bigot tried to get Congress to buy into his racist rants in 1993 and 2000. Congress didn't bite. In 2000, the racist bigot had to pay $250K for smearing Native Americans in negative ads.

http://www.thedailybeast.com/articles/2016/06/02/how-trump-smeared-nativ...

Trumpkins always find some ethnic minority to blame. Drumpf is now telling his dim-witted minions to try to obstruct voting in minority communities. Drumpf also suggests immigrants will be voting in the Presidential election.

Another racist Drumpf lie is exposed. Thanks for reminding all that Drumpf is a full-service racist and bigot. Drumpf's racism has been show to you repeatedly and you ignore the facts.

Except under the S

Peter — Fri, 07 Oct 2016 20:07:07 +0000

In reply to uyI agree an unpayable loan

Except under the S Corporation, at tnis time, income does not magically become losses and no one has claimed that Trump had a S Corporation or used this loophole only that it was possible 'if' he did. This loan was for $3billion and was probably used for the construction of the casino/resort, it was money already spent and if it was repaid i think only the interest paid could be claimed for tax purposes. The debt not repaid but forgiven and already spent became and remains income to the IRS no matter what it was used for. Trump's operating loss claimed on his tax return was the simple ,if large, difference between what it cost to operate the casino and what were its revenues.

When i first learned about the almost immediate failure of these casinos to even break even i wondered how someone could lose money on a money machine gambling enterprise, it mads no sense. Everyone involved, Trump and his advisors, the bankers/investors and Atlantic City saw a viable business plan and they all invested in this plan to revitalize a run down resort town and make some money.

What they apparently didn't see was the smoke signals coming from the hinterland where the Tribes were pushing local and the fereral government for their right to fleece the white rubes while feeding them delicious local foods and vegas like entertainment.

Peter, you are embarrassing

rmrd0000 — Fri, 07 Oct 2016 18:42:43 +0000

In reply to I doubt you have operated a

Peter, you are embarrassing yourself with this nonsense. Trump is a failed businessman, still carrying a ton of debt.

uyI agree an unpayable loan

Flavius — Fri, 07 Oct 2016 18:35:23 +0000

In reply to I doubt you have operated a

I agree an unpayable loan doesn't always indicate a loss Just mostly. Maybe it was contracted to buy an asset intended to be sold at a profit.

But if you have a billion dollars of such FISH (first in, still here) of course you're unlikely to be able to honor your obligations and, guess what, yesterday's overdue loan=s tomorrow's loss.

As it happens I have run a business.

"We love the poorly educated"

jollyroger — Fri, 07 Oct 2016 18:17:52 +0000

In reply to So it was legal. Big whoop.

"We love the poorly educated"...

Spot on Flavius. Though this

ocean-kat — Fri, 07 Oct 2016 17:00:12 +0000

In reply to Thanks Peter.

Spot on Flavius. Though this comment could be a reply to virtually everything peter posts.

So it was legal. Big whoop.

stillidealistic — Fri, 07 Oct 2016 16:47:39 +0000

In reply to I doubt you have operated a

So it was legal. Big whoop. So is abortion, but that doesn't stop the loonytunes from trying to keep women from getting them OR trying to make them illegal.

My biggest problem with it is that he's trying to make himself out to be this excellent businessman, when he's really just a con man. His own "ghost writer" admits he created a fictional character that the world bought as being a real person.

If he had put the money his dad fronted him into a money market fund he'd have more money now than he does. He lost an incredible amount of money in a business boom time, and at CASINOS - where the odds are in favor of the casino. He made so many stupid decisions as to be laughable, but daddy was there to bail him out.

Then he figured out how to use his fake reputation to put his NAME on things, so he really didn't have to DO anything but galavant around and be a playboy, flitting from skirt to skirt, and flaunting his success at having all those great "pieces of ass." THEN the flim-flam man figured out how to use his celebrity to be a reality star, which is what he was really good at.

And now he's talking about how he "brilliantly" used the tax code that he knows so well to avoid paying taxes, and turns out even THAT is a lie. He just provided his accountant with his papers, and the accountant figured out how to save him all the taxes. The accountant said he was completely clueless about the tax codes. But, he's really good at taking credit for the work other people do.

Finally people are starting to see that he really ISN'T the amazing businessman he claimed to be, so the only string he has left to play is his hatred. And that list is YUUUUUUUGE. The sad thing is that white, uneducated men and the women they control can't see that he hates them, too. Or maybe they just don't care. The enemy of my enemy is my friend, kinda thing.