Trump’s Financial Disclosures Show Significant Debt and Abundant Grift

[maesariang]

1 minute ago, TallGuyJohninBKK said:

 

You're citing a press release source from a very partisan, Republican led House committee.

 

If you actually read the 2022 CBO report that they're citing, AFAICT, there's nothing in it that compares economics under the Trump presidency vs. economics under the first couple years of the Biden presidency...

 

Nor are the CBO's actual findings quite what the Republicans claim them to be.

 

https://www.cbo.gov/system/files/2022-09/58426-Inflation.pdf

 

How Inflation Has Affected
Households at Different
Income Levels Since 2019

 

"CBO found that the effects of inflation have changed over
time and varied by income group and income measure.
The two income measures have followed different paths.
Total adjusted income after transfers and taxes increased
more than prices in 2020 and 2021, [emphasis added] but such income is projected to fall in 2022 in real terms (that is, after
the effects of inflation are removed), primarily because
temporary fiscal policies related to the pandemic ended.

 

AND

 

"Using adjusted income after transfers and taxes to mea-
sure the effects of inflation, CBO found the following:
• From 2019 to 2022, the share of such income
that households would use to pay for their
2019 consumption bundle decreased, on average, for
households in every income quintile because, over that
three-year period, such income grew faster than prices. [emphasis added]

• In 2022, as inflation accelerated, the outcome
differed from the outcomes in the previous two years.
The share of such income that would purchase a
2019 consumption bundle increased, on average, for
households in all income groups, primarily because
temporary federal fiscal policies enacted in response to
the pandemic ended, reducing households’ income."

 

https://www.cbo.gov/system/files/2022-09/58426-Inflation.pdf

 

 

 

You quoted Rolling Stone mag. A music mag who donates to Democrats. 

[Lacessit]

IMO Trump is probably overstating his assets, and understating his liabilities. He owns 17 or 18 golf courses, most of which are hemorrhaging money, and leveraged to the hilt. Many of his properties are leased, not owned.

 

He could not raise the money for the deposit to appeal the NY fraud case. Even when the appeal court reduced the bond to $150 million, His lawyers were trying to convince the court to take the bond from some shonky California entity.

 

Anyone who shakes hands on a business deal should count their fingers afterwards.

 

Ponzi died broke, in Brazil. Madoff died in prison. Perhaps Trump will get the trifecta.

 

 

[maesariang]

13 hours ago, TallGuyJohninBKK said:

 

Trump owes millions from two civil court cases, but his investment portfolio offers a staggering portrait of wealth

 

August 16, 2024

 

Donald Trump has submitted his annual financial disclosure, and after a year of lawsuits, legal cases, and grifts, the contents of the documents reflect the turmoil surrounding the former president. 

...

On Thursday, Trump held a press conference at his private golf club in Bedminster, New Jersey. The former president appeared alongside a collection of common grocery items like cereal, bacon, and ground coffee — ostensibly in an attempt to make a point about the high cost of goods for everyday consumers. 

 

What Trump’s financial disclosures make clear is the canyon of separation between the struggles of working-class Americans, and the man hawking branded bibles and NFT trading cards for quick cash — all while sitting on a massive pile of properties, investments, licensing deals, and brand endorsements.  

 

(more)

 

https://www.rollingstone.com/politics/politics-news/trumps-financial-disclosures-liabilities-grifts-crypto-1235081631/

 

 

https://www.bbc.com/news/world-us-canada-37879151

 

Rolling Stone has a bad history

[Lacessit]

14 minutes ago, maesariang said:

That's the opinion of Elon Musk who voted for Biden and Obama. Elon is much smarter than you or Rolling Stone mag.

Perhaps you have never heard of the term "selective intelligence".

 

No doubt Musk is very smart when it comes to electric cars. It does not mean he is smart in everything.

[john donson]

those cases against him, did he not pay the whore? he should sue her for disclosure or did she not sign an nda after getting paid

[TallGuyJohninBKK]

2 minutes ago, maesariang said:

https://www.bbc.com/news/world-us-canada-37879151

 

Rolling Stone has a bad history

 

Dredging back to 2016... Had to look hard for that.

 

Here's what I look at:

 

 

https://mediabiasfactcheck.com/rolling-stone/

 

[maesariang]

1 minute ago, TallGuyJohninBKK said:

 

Dredging back to 2016... Had to look hard for that.

 

Here's what I look at:

 

 

https://mediabiasfactcheck.com/rolling-stone/

 

Bias Rating: LEFT

[maesariang]

6 minutes ago, Lacessit said:

Perhaps you have never heard of the term "selective intelligence".

 

No doubt Musk is very smart when it comes to electric cars. It does not mean he is smart in everything.

Business leader not a writer for Rolling Stone.

[TallGuyJohninBKK]

4 minutes ago, maesariang said:

Bias Rating: LEFT

 

And Factual Reporting rating "High" -- which is a lot better than a lot of the right-wing media sources cited here.

 

Edited August 17 by TallGuyJohninBKK

[maesariang]

1 minute ago, TallGuyJohninBKK said:

 

And Factual Reporting rating "High" -- which is a lot better than a lot of the right-wing media sources cited here.

 

https://www.bbc.com/news/world-us-canada-37879151

 

Like this

[maesariang]

2 minutes ago, TallGuyJohninBKK said:

 

And Factual Reporting rating "High" -- which is a lot better than a lot of the right-wing media sources cited here.

 

https://www.trustpilot.com/review/www.rollingstone.com

 

Score 1.4 on trust

[TallGuyJohninBKK]

6 minutes ago, maesariang said:

https://www.bbc.com/news/world-us-canada-37879151

 

Like this

 

Doesn't change the fact that RS has a better rating/reccord for factual reporting than sources like Fox News or the New York Post.

 

NY Post - mixed, borderline questionable:

https://mediabiasfactcheck.com/new-york-post/

 

Fox News - mixed, questionable source:

 

 

https://mediabiasfactcheck.com/fox-news-bias/

 

 

Rolling Stone looks quite good in comparison.

 

Edited August 17 by TallGuyJohninBKK

[maesariang]

Just now, TallGuyJohninBKK said:

 

Doesn't change the fact that RS has a better rating/reccord for factual reporting than sources like Fox News or the New York Post.

 

NY Post - mixed, borderline questionable:

https://mediabiasfactcheck.com/new-york-post/

 

Fox News - mixed, questionable source:

 

 

https://mediabiasfactcheck.com/fox-news-bias/

 

 

According to 1 opinion

[maesariang]

3 minutes ago, TallGuyJohninBKK said:

 

Doesn't change the fact that RS has a better rating/reccord for factual reporting than sources like Fox News or the New York Post.

 

NY Post - mixed, borderline questionable:

https://mediabiasfactcheck.com/new-york-post/

 

Fox News - mixed, questionable source:

 

 

https://mediabiasfactcheck.com/fox-news-bias/

 

 

That website is not credible

 

https://www.justfactsdaily.com/media-bias-fact-check-incompetent-or-dishonest

[newnative]

54 minutes ago, HappyExpat57 said:

Do you really think HE  wrote that book?

    No, I was having some fun.  He does have a new book coming out, The Art of the Steal, which details his illegal attempts to steal the 2020 election.  Should make a wonderful Christmas stocking-stuffer for those Trumpets who have mastered reading.

[maesariang]

1 hour ago, newnative said:

    No, I was having some fun.  He does have a new book coming out, The Art of the Steal, which details his illegal attempts to steal the 2020 election.  Should make a wonderful Christmas stocking-stuffer for those Trumpets who have mastered reading.

Harris can have a book soon. How I achieved Nothing in 4 years.

[nauseus]

1 hour ago, TallGuyJohninBKK said:

 

You're citing a press release source from a very partisan, Republican led House committee.

 

If you actually read the 2022 CBO report that they're citing, AFAICT, there's nothing in it that compares economics under the Trump presidency vs. economics under the first couple years of the Biden presidency...

 

Nor are the CBO's actual findings quite what the Republicans claim them to be.

 

https://www.cbo.gov/system/files/2022-09/58426-Inflation.pdf

 

How Inflation Has Affected
Households at Different
Income Levels Since 2019

 

"CBO found that the effects of inflation have changed over time and varied by income group and income measure. The two income measures have followed different paths. Total adjusted income after transfers and taxes increased more than prices in 2020 and 2021, [emphasis added] but such income is projected to fall in 2022 in real terms (that is, after
the effects of inflation are removed), primarily because temporary fiscal policies related to the pandemic ended.

 

AND

 

"Using adjusted income after transfers and taxes to measure the effects of inflation, CBO found the following:
• From 2019 to 2022, the share of such income
that households would use to pay for their
2019 consumption bundle decreased, on average, for households in every income quintile because, over that three-year period, such income grew faster than prices. [emphasis added]

• In 2022, as inflation accelerated, the outcome
differed from the outcomes in the previous two years.
The share of such income that would purchase a 2019 consumption bundle increased, on average, for households in all income groups, primarily because temporary federal fiscal policies enacted in response to the pandemic ended, reducing households’ income."

 

https://www.cbo.gov/system/files/2022-09/58426-Inflation.pdf

 

 

 

 

Er....how about 2023/4 ???? ??

[Lacessit]

1 hour ago, maesariang said:

Business leader not a writer for Rolling Stone.

So? It does not make him a good interviewer.

 

His soft-ball lobs to Trump were about as impressive as Tucker Carlson with Putin. Embarrassing.

 

You have probably never heard of Andrew Denton. One of Australia's best interviewers, he would have Trump filleted and laid out to dry, without Trump even realizing what had just been done to him.

 

 

[maesariang]

1 minute ago, Lacessit said:

So? It does not make him a good interviewer.

 

His soft-ball lobs to Trump were about as impressive as Tucker Carlson with Putin. Embarrassing.

 

You have probably never heard of Andrew Denton. One of Australia's best interviewers, he would have Trump filleted and laid out to dry, without Trump even realizing what had just been done to him.

 

 

Harris can go on CNN with Dana Bash and show off her skills.