Has Donald Trump Ever Been Rich?

[Ronin Truth]

You've basically offered zero substance in your five responses to this thread. In fact, your responses have only served the purpose of derailing the discussion in regards to Trump's wealth. In my attempt to engage you in discussion, your response was literally to post an advertisement for Trump's website (I thought this wasn't allowed?) and to further ignore my requests for clarification.

Why have you even bothered participating in this discussion?

Better yet, why are these trolling tactics allowed? What is the point in trying to discuss anything on these boards anymore if this is the type of response we are to expect?

Would you like a little cheese with that whine? Should I call you a WWAAAHmbulance?

 

[ChristianAnarchist]

Just now discovered this thread. Of course I'd heard stories about how he was not anywhere near as rich as he claims but this info is eye opening. It's no wonder he doesn't want to produce his tax returns...

 

[Ronin Truth]

Just now discovered this thread. Of course I'd heard stories about how he was not anywhere near as rich as he claims but this info is eye opening. It's no wonder he doesn't want to produce his tax returns...

I figure he can place any value on his real estate, etc. that he wishes. <shrug>

Compared to me, he's certainly rich.

 

[fcreature]

I figure he can place any value on his real estate, etc. that he wishes. <shrug>

I need to raise some cash for a venture so I'll borrow against my home. I'm really really super duper rich so don't question why I need to borrow against my property to raise cash, I just do.

Hey bank, my home is worth $2m. Thanks for the loan. Good luck collecting on my collateral if I default. Hell, you'll only get $300,000 but at least I promised the house was worth $2m.

Uh oh the gooberment wants to tax me. Mr tax man, I swear my house is only worth $50k.

....

Well, which is it?

Nice to know that in this fantastical world of yours people can just make up numbers for values and that you see no problem with this.

So do you believe that Trump is worth $10BN or that he says he's worth $10BN?

 

[CPUd]

I need to raise some cash for a venture so I'll borrow against my home. I'm really really super duper rich so don't question why I need to borrow against my property to raise cash, I just do.

Hey bank, my home is worth $2m. Thanks for the loan. Good luck collecting on my collateral if I default. Hell, you'll only get $300,000 but at least I promised the house was worth $2m.

Uh oh the gooberment wants to tax me. Mr tax man, I swear my house is only worth $50k.

....

Well, which is it?

Nice to know that in this fantastical world of yours people can just make up numbers for values and that you see no problem with this.

So do you believe that Trump is worth $10BN or that he says he's worth $10BN?

This is essentially the reason Trump ran for president. Only problem is he tricked a bunch of people into actually voting for him.

 

[Ronin Truth]

I need to raise some cash for a venture so I'll borrow against my home. I'm really really super duper rich so don't question why I need to borrow against my property to raise cash, I just do.

Hey bank, my home is worth $2m. Thanks for the loan. Good luck collecting on my collateral if I default. Hell, you'll only get $300,000 but at least I promised the house was worth $2m.

Uh oh the gooberment wants to tax me. Mr tax man, I swear my house is only worth $50k.

....

Well, which is it?

Nice to know that in this fantastical world of yours people can just make up numbers for values and that you see no problem with this.

So do you believe that Trump is worth $10BN or that he says he's worth $10BN?

My beliefs on the question are totally irrelevant. What possible importance is there, to it?

Who cares?

Next!

 

[fcreature]

This is essentially the reason Trump ran for president. Only problem is he tricked a bunch of people into actually voting for him.

Pretty much what I've been trying to tell people.

Trump is not rich. Trump's entire valuation is based on his brand. Trump needed a way to increase his brand so that he can continue business as normal and capitalize based on said brand. What is the best way to do this? Run for POTUS and say any outrageous thing that comes to mind so that you get consistently free press.

 

[juleswin]

Pretty much what I've been trying to tell people.

Trump is not rich. Trump's entire valuation is based on his brand. Trump needed a way to increase his brand so that he can continue business as normal and capitalize based on said brand. What is the best way to do this? Run for POTUS and say any outrageous thing that comes to mind so that you get consistently free press.

No no no, his brand is actually harmed especially to the people who can actually afford his condos, play a round at his golf course or afford any other of the luxury products and services he actually peddles. What is more likely is that the Trump is doing a big favor to the Clintons and their backers in exchange for real money. Only god knows the kind of financial trouble he is facing with the real estate market tanking, his NJ casinos tanking and this Trump university lawsuit which he is about to lose.

 

[ChristianAnarchist]

Pretty much what I've been trying to tell people.

Trump is not rich. Trump's entire valuation is based on his brand. Trump needed a way to increase his brand so that he can continue business as normal and capitalize based on said brand. What is the best way to do this? Run for POTUS and say any outrageous thing that comes to mind so that you get consistently free press.

I'm sure he's richer than me or you but that's not the issue. The issue is he's dishonest in his dealings... (and pretty much every time he opens his mouth it seems.) The perfect "politician".

 

[fcreature]

I'm sure he's richer than me or you but that's not the issue. The issue is he's dishonest in his dealings... (and pretty much every time he opens his mouth it seems.) The perfect "politician".

It's certainly more than likely that he is richer than you or I, however sometimes I have my doubts that the man is even a net positive when accounting for everything.

He certainly has more stuff than me but he also has a lot more debt than me. It's not exactly hard to get a bunch of stuff when you are able to borrow hundreds of millions of dollars via unsecured loans.

 

[moostraks]

No no no, his brand is actually harmed especially to the people who can actually afford his condos, play a round at his golf course or afford any other of the luxury products and services he actually peddles. What is more likely is that the Trump is doing a big favor to the Clintons and their backers in exchange for real money. Only god knows the kind of financial trouble he is facing with the real estate market tanking, his NJ casinos tanking and this Trump university lawsuit which he is about to lose.

Having heard the argument Trump was running to give Clinton cover, I couldn't see what would be the motivation. You make some interesting points.His use of the public to go after the judge on the "university" case is quite the tactic. Never underestimate the ruthlessness of a narcissist. Would be amusing to see the case handed over to another judge and watch Trump spin his narrative then.

 

[r3volution 3.0]

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