The Presidency of Donald J. Trump: ORANGE Gettin' PEACHed, Nation Goes BANANAS

[anon92450360]

I read something earlier today about KY losing some dod jerbs but can’t find it

[jmakin]

Just look up any of his exchanges with me. It’s so exhausting.

[otatop]

I know Betteridge’s law and all but Donald Trump Has Never Explained a Mysterious $50 Million Loan. Is It Evidence of Tax Fraud?

Donald Trump’s massive debts—he owes hundreds of millions of dollars—are the subject of continuous congressional and journalistic scrutiny. But for years, one Trump loan has been particularly mystifying: a debt of more than $50 million that Trump claims he owes to one of his own companies. According to tax and financial experts, the loan, which Trump has never fully explained, might be part of a controversial tax avoidance scheme known as debt parking. Yet a Mother Jones investigation has uncovered information that raises questions about the very existence of this loan, presenting the possibility that this debt was concocted as a ploy to evade income taxes—a move that could constitute tax fraud.

Here’s what is publicly known about this mystery debt: On the personal financial disclosure forms that Trump must file each year as president, he has divulged that he owes “over $50 million” to a company called Chicago Unit Acquisition LLC. The forms note that this entity is fully owned by Trump. In other words, Trump owes a large chunk of money to a company he controls.The disclosures state that this loan is connected to Trump’s hotel and tower in Chicago, and the forms reveal puzzling details about Chicago Unit Acquisition: It earns no revenue—suggesting that Trump was not paying interest or principal on the loan—and Trump assigns virtually no value to Chicago Unit Acquisition. Something doesn’t add up. Under basic accounting principles, a firm that is owed money and has no outstanding debt should be worth at least as much as it is owed. The loan has another odd feature: It is identified as a “springing” loan, a type of loan made to borrowers who are viewed as credit risks. Known sometimes as “bad boy” loans, these agreements allow the lender to impose harsh repayment terms if certain criteria aren’t met. These are not the type of loan terms that someone is likely to impose on himself.

The Trump Organization has consistently refused to answer questions about Chicago Unit Acquisition, a limited liability company it formed in Delaware in 2005, as construction began on the Trump International Hotel and Tower in downtown Chicago. But Trump did tell the New York Times in a 2016 interview that this debt represents a loan he repurchased from a group of lenders. “We don’t assess any value to it because we don’t care,” Trump said. “I have the mortgage. That is all there is. Very simple. I am the bank.” Jason Greenblatt, who was then the Trump Organization’s top lawyer, declined to explain to the Times the reason for the Chicago Unit Acquisition deal. “It’s really personal corporate trade secrets, if you will,” he said. “Neither newsworthy or frankly anybody’s business.”

“Trade secrets”

[simplicitus]

I have litigated trade secret cases and know trade secret law. It wasn’t trade secrets.

[WichitaDM]

I know just by seeing the headline that it is tax fraud.

[00cooler00]

Of all his tweets those are my favorite ones - “See mom, I totally did everything on that chore list you left for me”.

[Devil]

A few of those DOD projects were in Utah. A good place to steal from since it won’t effect his support much. If Romney gets heartburn, it won’t be a problem as I’m sure he’s stocked up on pepto bismal.

[realDonaldTrump]

https://twitter.com/realDonaldTrump/status/1169782689257447424
( twitter | raw text )

[Devil]

Lol.

In the spring, Pence’s aides went to Parscale to ask if he could include a question testing Pence’s favorability on a poll he was doing of battleground states, according to Trump campaign advisers familiar with the request. Parscale said it was too late to add the question to the poll — but what he didn’t tell Pence’s aides is that the question was already on the poll, done in 14 states. When the results came back, Pence’s favorability was higher than Trump’s — something Parscale and the campaign’s pollsters withheld from Trump and Pence. But Obst, Pence’s chief political aide who also works as a senior adviser on the Trump campaign, used a mole inside the president’s campaign to get a copy of one of the polls

Tensions mount between Trump, Pence camps heading into 2020 election

[microbet]

If we all worked together do you think we could get a Manchurian Fox News Host on air?

[nunnehi]

Maybe Pence just wants to know if he can get elected in 2020. ;)

[nunnehi]

I bet you’re looking forward to going down to meet all those victims of Hurricane Dorian tomorrow, as well.

[WichitaDM]

Imagine being less popular than Mike Pence.

[hokie]

Shep Smith?

[microbet]

Too obvious. Gotta manipulate Trump through flattery.

[Smacc_25]

https://mobile.twitter.com/goldengateblond/status/1169799443614318592

https://mobile.twitter.com/mehdirhasan/status/1169802570581368834

[Riverman]

Huge lol at these military clowns covering for daddy. They expect people to have the guts to die for America and they don’t have the guts to not lie for the biggest piece of shit ever.

[Smacc_25]

https://mobile.twitter.com/BtotheMaz/status/1169802783777841152

[Smacc_25]

https://mobile.twitter.com/davidplouffe/status/1169712679214178304

[Trolly]

@microbet

If we all worked together do you think we could get a Manchurian Fox News Host on air?

You need to think bigger. Like, Trump just appointed his son’s gofer to be a delegate to the middle east. His press secretary is a mid-functioning alcoholic.No one wants to work for this administration, this is a ripe opportunity for someone like Sasha Baron Cohen to infiltrate the West Wing.