if trump loses will he sell the USA out

[vapourminer]

so heres trump with years worth of classified info in his head. and hes on the hook for 300+ million bucks in loans personally guaranteed by him to come due in the next several years. to someone(s) unknown.

so say he loses. that classified info likely worth far more than that. so he goes to his master, putin, sells it and lives a life of relative luxury in russia. or sells to the highest bidder(s) and just splits to a non extradition country.

plausible? he certainly seems to value his own skin more than the usa or its citizens. i figure he will sell us out in a new york minute.

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[Gyfts]

Can't tell if this is a serious post or not.

[OgNasty]

No need to worry about this. He won’t. Thinking he would is ridiculous.

[vapourminer]

oh good

i feel safer already

[Spendulus]

Can't tell if this is a serious post or not.

We should apply his "logic" to everyone we deal with that owes money to someone.

In Trump's case, that fearsome money coming due is only 10-15% of his assets. Pretty incredible low debt to asset. How many with a house loan would be able to say that?

https://www.washingtontimes.com/news/2020/sep/29/new-york-times-trump-debt-story-rebuffed-financial/

NEW YORK — President Donald Trump reportedly must pay back more than $300 million in loans over the next four years, raising the possibility his lenders could face an unprecedented situation should he win a second term and not be able to raise the money: foreclosing on the leader of the free world.
But financial experts say the notion of Trump going broke anytime soon is farfetched.
Even with a total debt load across his entire business empire estimated at more than $1 billion, they note he still has plenty of assets he could cash in, starting with a portfolio that includes office and condo towers, golf courses and branding deals that have been valued at $2.5 billion.

Based on Forbes magazine estimates of the value of his buildings, for instance, selling his partial interests in just two properties- an office complex in San Francisco and a Las Vegas tower that houses a hotel and condos — could bring in $500 million alone.
And even if he doesn’t sell, that kind of valuation backing up the loans could make them easier for him to refinance.

“He’s going to be able to roll these loans over. They have collateral backing them up. They’re not that risky to the lenders,” said Phillip Braun, a finance professor at Northwestern University’s Kellogg School of Business.
Trump’s true financial picture has gotten renewed scrutiny in the wake of a New York Times report this week that he declared hundreds of millions in losses in recent years, allowing him to pay just $750 in taxes the year he won the presidency, and nothing for 10 of 15 years before that.
But the Times report was quick to note that tax filings alone can’t help determine someone’s net worth. And several experts told The Associated Press that, while the true state of Trump’s financial situation is unclear because of a lack of public information, he is probably not scrambling for money.

At issue is the often wide difference between what businesses report as profits and losses to the IRS and what they actually receive in profits they put in their pockets.
Plenty of real estate investors report big losses under tax accounting rules and pay little in federal taxes. That is because the tax code allows them to reduce their tax bills with myriad legal loopholes and breaks, including sometimes generous depreciation charges that reflect expected wear and tear on buildings.

Northwestern’s Braun said Trump’s minuscule tax payments don’t surprise him, nor do the losses claimed. “His accountants work really to make sure he doesn’t pay any taxes,” he said.
A better idea of how Trump is faring, Braun said, comes from Trump’s operating profits.
Forbes, which has been valuing Trump properties for decades for its annual billionaire issue, says Trump’s 40 Wall Street office tower generated $18 million in operating profits in 2019, Trump Tower $13 million, and Trump’s share in San Francisco’s 555 California Street tower $26 million.

According to Forbes’ latest valuation, even pandemic-reduced prices leave Trump with $2.5 billion worth of properties and other assets

Among his lenders listed in his personal financial disclosure are New York-based commercial lender Ladder Capital, which is owed at least $110 million, and Bryn Mawr Trust Co. a suburban Philadelphia bank, which held Trump debt worth between $5 million and $25 million for Seven Springs, a New York estate owned by the Trump Organization.
Trump’s biggest lender on his disclosure is Deutsche Bank....




 

[suchmoon]

so heres trump with years worth of classified info in his head.

I don't think he has anything in his head unless it's been on Fox News. So this brilliant plan may not work. But maybe he can invite Putin to come visit during the lame duck months and just hand over anything he needs - easier for everyone involved.

[Febo]

if trump loses will he sell the USA out

He could sell Florida to Greenland. Those poor Greenlandians have title sun all year long. They do deserve some sunny part of Greenland And I believe Florida would be perfect. It also have Trumps golf club there. This way he do a lot positive things and this deal is totally a Trump way.

[vapourminer]

well he did (supposedly) want to sell Puerto Rico as a write off after it got wacked by hurricane maria so that tracks in a weird trump kinda way.

https://www.cnn.com/2020/07/12/politics/trump-puerto-rico-hurricane-maria/index.html

[Spendulus]

so heres trump with years worth of classified info in his head.

I don't think he has anything in his head unless it's been on Fox News. So this brilliant plan may not work. But maybe he can invite Putin to come visit during the lame duck months and just hand over anything he needs - easier for everyone involved.

Actually, the issue of blackmail, coercion or threats from someone one is indebted to is not a joke.

Maybe all those who are getting "Easy low interest or zero interest loans" due to Covid related economic disruptions should give some thought to that.

Maybe anyone with a grain of sense should consider that the 300M that is mentioned with respect to Trump, is a grain of sand compared to the trillions printed from thin air for Covid.

[suchmoon]

According to Forbes’ latest valuation, even pandemic-reduced prices leave Trump with $2.5 billion worth of properties and other assets

I bet (pun intended) his casinos were worth a lot before they weren't and Trump walked away leaving creditors holding the bags. You can probably find Forbes gushing about it in 1990s.

[Mauser]

so heres trump with years worth of classified info in his head. and hes on the hook for 300+ million bucks in loans personally guaranteed by him to come due in the next several years. to someone(s) unknown.

so say he loses. that classified info likely worth far more than that. so he goes to his master, putin, sells it and lives a life of relative luxury in russia. or sells to the highest bidder(s) and just splits to a non extradition country.

plausible? he certainly seems to value his own skin more than the usa or its citizens. i figure he will sell us out in a new york minute.

Trump is a billionaire, why would he go to Russia? It doesn't make sense in my opinion. And what about his family? All his kids would have to go to Russia to then. I am pretty sure he wants for his Kids to stay in USA, maybe become president them selfs one day. He owns so many different real estate places in USA, imagine abandoning them. It would all be seized by the government if he does illegal stuff and leaves the country. I don't think so.

[Kong Hey Pakboy]

so heres trump with years worth of classified info in his head. and hes on the hook for 300+ million bucks in loans personally guaranteed by him to come due in the next several years. to someone(s) unknown.

so say he loses. that classified info likely worth far more than that. so he goes to his master, putin, sells it and lives a life of relative luxury in russia. or sells to the highest bidder(s) and just splits to a non extradition country.

plausible? he certainly seems to value his own skin more than the usa or its citizens. i figure he will sell us out in a new york minute.

Trump is a billionaire, why would he go to Russia? It doesn't make sense in my opinion. And what about his family? All his kids would have to go to Russia to then. I am pretty sure he wants for his Kids to stay in USA, maybe become president them selfs one day. He owns so many different real estate places in USA, imagine abandoning them. It would all be seized by the government if he does illegal stuff and leaves the country. I don't think so.

You have a good point. President Donald Trump and his family already have a good life in the USA and he is insanely rich, so  it doesn't makes sense that he would abandon the USA. We all know that it is not a good joke about Trump will sell out the USA, but I think he is just bluffing because he will just waste every property and businesses he owns in the US.

[Spendulus]

According to Forbes’ latest valuation, even pandemic-reduced prices leave Trump with $2.5 billion worth of properties and other assets

I bet (pun intended) his casinos were worth a lot before they weren't and Trump walked away leaving creditors holding the bags. You can probably find Forbes gushing about it in 1990s.

I read a book a while back, several actually... that touched upon the issue of Trump and his casino ventures. Two points (1) Frankly I've always thought casinos were a rather weird business and strange business model (2) what is worth noting at this junction is Trump's personal debt and personal assets.

If an "entity" was separately incorporated and able to prosper / or bankrupt itself without Trump being affected, it would not carry over to his personal tax return.

[vapourminer]

Trump is a billionaire, why would he go to Russia? It doesn't make sense in my opinion. And what about his family? All his kids would have to go to Russia to then. I am pretty sure he wants for his Kids to stay in USA, maybe become president them selfs one day. He owns so many different real estate places in USA, imagine abandoning them. It would all be seized by the government if he does illegal stuff and leaves the country. I don't think so.

many of his business ventures have gone bankrupt and there no gaurentee whatever businesses he owns now wont do the same before the loans are due. seems hes pretty good at losing money.

as for his kids, im sure setting up a trump dynasty to rule the usa has occurred to him. but his own skin may mean more.

[Spendulus]

....
many of his business ventures have gone bankrupt and there no gaurentee whatever businesses he owns now wont do the same before the loans are due. seems hes pretty good at losing money.
...

Really? And that's somehow consistent with assets of 2.5B with loans of 300M?

Reality may have a problem with your opinions.