I'm Back From Eternal Exile In the Black Desert of Despair!

[Dallane]

Personally I think that Trump's entire plan was to run for President to make millions selling his hats so as to bail out his Atlantic City operation from bankruptcy and then the whole thing got away from him.

Thats y he makes the big bucks. His next big pay off will be our countries debt.

[Claeyt]

Thats y he makes the big bucks. His next big pay off will be our countries debt.

Considering he's in at least 2 bankruptcies right now, is supposedly being audited by the IRS from last year and PERSONALLY OWES (not through his companies) 250 million dollars to banks I doubt he's paying anyone back anything any time soon.

http://blogs.wsj.com/moneybeat/2016/03/ ... allst0320/

[Trismegistus]

From the same article...

When he does look for outside funds, Mr. Trump picks banks that offer the lowest interest rates — often as low as 2% that large investment banks cannot always offer, according to people familiar with his dealings. Private banks are usually able to offer lower rates and will accept a personal guarantee on a loan, whereas investment banks typically offer “non-recourse” loans that are secured with collateral such as property.

Sounds smart to me with that little detail.

Plus, "owes money to a bank" means nothing without further detail. If I have 1 million dollars cash in my mattress and don't tell you about it, then I go buy a car tomorrow with a $45,000 credit line, you can go around telling people that I personally owe a bank $45,000.

[Claeyt]

From the same article...

When he does look for outside funds, Mr. Trump picks banks that offer the lowest interest rates — often as low as 2% that large investment banks cannot always offer, according to people familiar with his dealings. Private banks are usually able to offer lower rates and will accept a personal guarantee on a loan, whereas investment banks typically offer “non-recourse” loans that are secured with collateral such as property.

Sounds smart to me with that little detail.

Plus, "owes money to a bank" means nothing without further detail. If I have 1 million dollars cash in my mattress and don't tell you about it, then I go buy a car tomorrow with a $45,000 credit line, you can go around telling people that I personally owe a bank $45,000.

So the question is does he borrow from little banks for the better rates or do the big banks no longer loan him money at any rate? Seems like something we should know before we make him a major party nominee for president.

[Trismegistus]

The article references bankers stating that he does fewer multi-million dollar real estate projects these days. I would imagine what you ask is something we could never know as something like a blackball would be communicated behind closed doors and only outted if leaked. You could have fun and spin it saying he refuses to borrow money from the 1% and prefers to deal with small to medium-sized businesses. I would say what matters to him most is money so that's where you'd want to begin. I don't know. Seems like knitpicking to me. Personally, I don't consider any answers to your question having anything to do with whether he should be elected President.

[Claeyt]

[TotalyMeow]

From the same article...

When he does look for outside funds, Mr. Trump picks banks that offer the lowest interest rates — often as low as 2% that large investment banks cannot always offer, according to people familiar with his dealings. Private banks are usually able to offer lower rates and will accept a personal guarantee on a loan, whereas investment banks typically offer “non-recourse” loans that are secured with collateral such as property.

Sounds smart to me with that little detail.

Plus, "owes money to a bank" means nothing without further detail. If I have 1 million dollars cash in my mattress and don't tell you about it, then I go buy a car tomorrow with a $45,000 credit line, you can go around telling people that I personally owe a bank $45,000.

So the question is does he borrow from little banks for the better rates or do the big banks no longer loan him money at any rate? Seems like something we should know before we make him a major party nominee for president.

The article states that Trump has about $25 Million dollars out in loans. Considering how much money he has, that's a very modest amount. It's like having $50,000 in the bank, and taking a personal loan for like $1,000. Being in debt is not a problem, it's a question of whether or not he's paying these loans. The article makes no mention of any of these banks saying he isn't paying or that he's defaulted on any of these loans. There's even a very good reason why he would take a loan at a low interest rate rather than pay out of whatever pool of spending money he has: If your money is in some sort of investment package, and it makes say 5% APR, and your loan costs you only 3%, it's much more profitable to go ahead and pay the interest. And OF COURSE he borrows from little banks for the lower interest. Rich people don't get that way by spending money, they get that way by doing things like this, going out of their way to save money.

[Claeyt]

Rich people they get money.

So far this is my favorite article about who's actually supporting Trump.

http://www.nytimes.com/2016/03/13/upsho ... mpism.html

This census bureau correlation says they're White, non-educated trailer folk with a history of voting "segregationist".

Are you a Trump supporter Tmeow, like JC, Darwoth and Dallane?

[Icon]

Why's it gotta be the BLACK desert of despair? I dont see no white desert of despair, or no latino desert of despair... tis sounds kinda racist to me

[Dallane]

Rich people they get money.

So far this is my favorite article about who's actually supporting Trump.

http://www.nytimes.com/2016/03/13/upsho ... mpism.html

This census bureau correlation says they're White, non-educated trailer folk with a history of voting "segregationist".

Are you a Trump supporter Tmeow, like JC, Darwoth and Dallane?

Why do you feel the need to marginalize everyone?

Additionally I vote libertarian. Always.