The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

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Glennfs
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by Glennfs »

gounion wrote: Mon Feb 06, 2023 8:43 am That’s what the returns say.

And except for being a TV reality star, everything else Trump has ever done has been a failure.

Your hero worship clouds any judgement you ever had.
You are just being an asshole with your hero worship comment, at least it shows we all troll from time to time.But it could be reversed perhaps your hatred of trump leads you to believe that a person who turned 200 million into 3+ billion isn't successful.
" I am a socialist " Bernie Sanders
gounion
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by gounion »

Glennfs wrote: Mon Feb 06, 2023 8:57 am You are just being an asshole with your hero worship comment, at least it shows we all troll from time to time.But it could be reversed perhaps your hatred of trump leads you to believe that a person who turned 200 million into 3+ billion isn't successful.
Again, is a drug kingpin a successful businessman? Yes or no?
JoeMemphis

Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by JoeMemphis »

Bludogdem wrote: Mon Feb 06, 2023 8:31 am You actually think he actually lost money for 20 years?

You don’t go from $200 million to $3.24 billion loosing money for 20 years.

You’re not much on logic are you.?
I haven't looked at Trump's tax returns. I have looked at a number of tax returns of folks who invest in real estate. I can tell you that taxable income does not equal net income does not equal cash flow does not equal net worth. Every banker, every investor knows this.

This is further complicated by the fact that the value of real estate isn't always that easy to determine. How many times has something sold for a price other than appraisal?

Stock investments are much easier to value. Real estate is a lot more fuzzy. The deferred tax issues associated with real estate and recapture is another nice little complication. So what's a real estate guy worth? It's a guess most of the time.
Glennfs
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by Glennfs »

gounion wrote: Mon Feb 06, 2023 9:06 am Again, is a drug kingpin a successful businessman? Yes or no?
Depends on their profit and loss statement
" I am a socialist " Bernie Sanders
gounion
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by gounion »

JoeMemphis wrote: Mon Feb 06, 2023 9:14 am I haven't looked at Trump's tax returns. I have looked at a number of tax returns of folks who invest in real estate. I can tell you that taxable income does not equal net income does not equal cash flow does not equal net worth. Every banker, every investor knows this.

This is further complicated by the fact that the value of real estate isn't always that easy to determine. How many times has something sold for a price other than appraisal?

Stock investments are much easier to value. Real estate is a lot more fuzzy. The deferred tax issues associated with real estate and recapture is another nice little complication. So what's a real estate guy worth? It's a guess most of the time.
It’s astonishing how the three of you swear up and down you don’t support Donald Trump, yet you always come running to his defense.

Speaking of fuzzy, what about people who lie about the square footage? I mean, when I bought my house, it was sold as a certain square footage. And, you could go measure each room, and it’s what the sales brochures and salesmen said it was.

Yet your hero Trump: https://www.forbes.com/sites/chasewitho ... 5e9b3458ec
It’s September 21, 2015 and Donald Trump is wheeling around his Trump Tower penthouse like a realtor at a showing. “35-foot ceilings!” he exclaims in the living room. “We have a fireplace,” he points out in the two-story dining room. “Can’t even get ‘em anymore.” He shows me the window where he claims he watched the second plane hit the World Trade Center. He directs me to a knockout view of Central Park. But more important to Trump than any one feature is the apartment’s size: 33,000 square feet–the entire top three floors of the skyscraper. He’s mentioned it at least 10 times over the past two hours as part of a marathon meeting stretching from his 26th-floor office to the Trump Tower gym and, finally, his gilded palace in the sky, which he says is much bigger and much more valuable than we’re estimating for our Forbes 400 list of the richest Americans.


Except none of it was true. I dug through property records, which showed Trump’s apartment was 10,996 square feet and only took up part of the floors. I spent hours sifting through every photo or video shot inside the penthouse, looking for extra rooms. I visited a grungy Manhattan records office, where I was told the apartment’s blueprints should be, but they were missing–perhaps taken by the Secret Service, I thought. I even had our stellar research librarian unearth a copy of Architectural Digest from the 1980s that featured an earlier version of Trump’s place, hoping to find evidence of the missing 22,004 square feet. No dice.

The records were clear: Donald Trump owned a 10,996-square-foot pad–more than 6 times the size of the median U.S. home, but nowhere near what Trump claimed–so I wrote a story, published in May 2017: Donald Trump Has Been Lying About The Size Of His Penthouse.

Last year, I was subpoenaed by the Manhattan district attorney’s office to testify about this article to a grand jury mulling criminal charges for Trump. Now, seven years to the day after then-candidate Trump insisted to me that his penthouse was 33,000 square feet, he’s being sued for $250 million by the New York attorney general, in part for lying about its size. The former president has allegedly been overvaluing the place on the financial statements he gives to his financial institutions, as part of an alleged scheme “to induce banks to lend money to the Trump Organization on more favorable terms than would otherwise have been available to the company, to satisfy continuing loan covenants, to induce insurers to provide insurance coverage for higher limits and at lower premiums, and to gain tax benefits, among other things.” (Trump has criticized the investigation as a partisan witch hunt.)
So keep telling me how he’s an honest and successful businessman who always plays by the rules.
bradman
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by bradman »

Glennfs wrote: Mon Feb 06, 2023 9:22 am Depends on their profit and loss statement
chuckle The profit being how many of their own politicians they can put in office. The loss depending on how many guys ya lose when going to the mattresses. The money received depends on how much ya can hide. Kinda sounds like Trump. :mrgreen:
I am not a member of any organized political party. I am a Democrat. [Will Rogers]
JoeMemphis

Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by JoeMemphis »

gounion wrote: Mon Feb 06, 2023 9:40 am It’s astonishing how the three of you swear up and down you don’t support Donald Trump, yet you always come running to his defense.

Speaking of fuzzy, what about people who lie about the square footage? I mean, when I bought my house, it was sold as a certain square footage. And, you could go measure each room, and it’s what the sales brochures and salesmen said it was.

Yet your hero Trump: https://www.forbes.com/sites/chasewitho ... 5e9b3458ec



So keep telling me how he’s an honest and successful businessman who always plays by the rules.
I haven’t seen the Trump returns so I can neither support or defend them. What’s fuzzy is how my making a simple factual point in accounting and taxation is taken any other way. :roll: :roll: :roll:
gounion
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by gounion »

JoeMemphis wrote: Mon Feb 06, 2023 2:17 pm I haven’t seen the Trump returns so I can neither support or defend them. What’s fuzzy is how my making a simple factual point in accounting and taxation is taken any other way. :roll: :roll: :roll:
First, they are available and you can see them. You just don’t want to because they are so damning.

But I wasn’t asking you about returns. I was asking you about lying about square footage. But hey, run away from the questions, because you’re too scared to answer…

After all, you are supportive of Trump.
JoeMemphis

Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by JoeMemphis »

gounion wrote: Mon Feb 06, 2023 4:29 pm First, they are available and you can see them. You just don’t want to because they are so damning.

But I wasn’t asking you about returns. I was asking you about lying about square footage. But hey, run away from the questions, because you’re too scared to answer…

After all, you are supportive of Trump.
First, IDK about Trumps returns. Never did.

Second, I wasn’t responding to a question from you. I was making an observation that “making money” isn’t a line on a tax return. Further, you often cannot tell what someone is worth on a tax return especially if they are in the real estate business.
gounion
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by gounion »

JoeMemphis wrote: Mon Feb 06, 2023 5:14 pm First, IDK about Trumps returns. Never did.

Second, I wasn’t responding to a question from you. I was making an observation that “making money” isn’t a line on a tax return. Further, you often cannot tell what someone is worth on a tax return especially if they are in the real estate business.
Arguing from ignorance. Pretending you never pay attention to the news.

Defend Trump all you want, but he’s a con man, not a legitimate businessman. But he’s your guy isn’t he?
JoeMemphis

Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by JoeMemphis »

gounion wrote: Mon Feb 06, 2023 5:20 pm Arguing from ignorance. Pretending you never pay attention to the news.

Defend Trump all you want, but he’s a con man, not a legitimate businessman. But he’s your guy isn’t he?
Why should I care about Trumps tax returns? Why should I care about Trumps net worth?
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Drak
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by Drak »

Gee I dunno. Maybe because he was in the WH and is running again and everyone should care about corruption at the highest office in the world.

Here's a thought. Shut the fuck up if you don't follow what's going on and don't care. Why are you on a political message board if you don't care to know what the hell is going on?
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Are the same that burn crosses"

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gounion
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by gounion »

JoeMemphis wrote: Mon Feb 06, 2023 5:43 pm Why should I care about Trumps tax returns? Why should I care about Trumps net worth?
Well, then don’t participate on the thread. Duh.

But you can’t help yourself - if The Donald is being dissed, you come running to defend him. Hilarious!
JoeMemphis

Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by JoeMemphis »

gounion wrote: Mon Feb 06, 2023 8:07 pm Well, then don’t participate on the thread. Duh.

But you can’t help yourself - if The Donald is being dissed, you come running to defend him. Hilarious!
Show me where I defended him then.
gounion
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by gounion »

JoeMemphis wrote: Mon Feb 06, 2023 8:31 pm Show me where I defended him then.
When you tried to explain why his losses weren’t really losses because they were real estate.
JoeMemphis

Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by JoeMemphis »

gounion wrote: Mon Feb 06, 2023 9:02 pm When you tried to explain why his losses weren’t really losses because they were real estate.
Except that wasn’t a defense of anything. Again, show me where I defended anything. I simply stated a fact that every financial/tax/accounting professional knows. Since you are all about facts. Facts are facts. They are neither defense or offense. They are what they are.
Glennfs
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by Glennfs »

JoeMemphis wrote: Mon Feb 06, 2023 9:22 pm Except that wasn’t a defense of anything. Again, show me where I defended anything. I simply stated a fact that every financial/tax/accounting professional knows. Since you are all about facts. Facts are facts. They are neither defense or offense. They are what they are.

Anyone who doesn't buy into or agree with everything anyone says negative about Trump is deemed a Trumper by GoU and the other liberals here.
Including if you do not believe he wants to fuck his daughter.
" I am a socialist " Bernie Sanders
gounion
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by gounion »

JoeMemphis wrote: Mon Feb 06, 2023 9:22 pm Except that wasn’t a defense of anything. Again, show me where I defended anything. I simply stated a fact that every financial/tax/accounting professional knows. Since you are all about facts. Facts are facts. They are neither defense or offense. They are what they are.
It's always your passive/aggressive way of coming in and defending Trump, while pretending not to. Easy to see through.

You see, I can ask a question: Are Trump's actions those of a successful businessman?

And you won't answer it.
gounion
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by gounion »

Glennfs wrote: Tue Feb 07, 2023 7:13 am Anyone who doesn't buy into or agree with everything anyone says negative about Trump is deemed a Trumper by GoU and the other liberals here.
Including if you do not believe he wants to fuck his daughter.
He's said he does.

But you're an idiot that thinks that Joe Biden is a pedophile.

You always come to Trump's defense. He's not a successful businessman. Most of his businesses have been failures, and he's a crook.
Glennfs
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by Glennfs »

gounion wrote: Tue Feb 07, 2023 7:23 am It's always your passive/aggressive way of coming in and defending Trump, while pretending not to. Easy to see through.

You see, I can ask a question: Are Trump's actions those of a successful businessman?

And you won't answer it.
Let's review he started ( according to this thread) with 200 million. Today according to Forbes he is worth over 3 billion. That would make him successful by definition.

Now you can say he is unethical and that would be hard to dispute. However I believe you would be hard pressed to find anyone [or union] in the building trade on thar level in New York City or most other large cities which aren't unethical.
" I am a socialist " Bernie Sanders
gounion
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by gounion »

Glennfs wrote: Tue Feb 07, 2023 7:37 am Let's review he started ( according to this thread) with 200 million. Today according to Forbes he is worth over 3 billion. That would make him successful by definition.

Now you can say he is unethical and that would be hard to dispute. However I believe you would be hard pressed to find anyone [or union] in the building trade on thar level in New York City or most other large cities which aren't unethical.
He'd probably be in the hole if he had to pay all the debts he was able to drop in his bankruptcies. It's it great how he can just borrow money and never have to pay it back?

Again the only successful thing he's ever done was his TV gig. Everything else has been failures. Including his presidency.

But go ahead, worship him and tell us how successful a businessman he is.
bradman
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by bradman »

Glennfs wrote: Tue Feb 07, 2023 7:37 am Let's review he started ( according to this thread) with 200 million. Today according to Forbes he is worth over 3 billion. That would make him successful by definition.

Now you can say he is unethical and that would be hard to dispute. However I believe you would be hard pressed to find anyone [or union] in the building trade on thar level in New York City or most other large cities which aren't unethical.
It's to what degree they are unethical. The other guy has brought it to new levels never seen and made it the norm for some in the Conservative party. Never mind the other guy's rich unethical business practices, In the past would have been drummed out years ago for his lack of decorum.

The Conservative base is heating up beyond control. Someone better get a grip before the whole damn thing blows up.
I am not a member of any organized political party. I am a Democrat. [Will Rogers]
Glennfs
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by Glennfs »

gounion wrote: Tue Feb 07, 2023 7:45 am He'd probably be in the hole if he had to pay all the debts he was able to drop in his bankruptcies. It's it great how he can just borrow money and never have to pay it back?

Again the only successful thing he's ever done was his TV gig. Everything else has been failures. Including his presidency.

But go ahead, worship him and tell us how successful a businessman he is.
While you could say Trump took advantage of those laws, which he probably did.
But, those laws are there to promote new business and to promote people taking risks.
Your way of thinking would end and destroy companies or individuals taking risks on new projects.
Then couple that with the 70pct marginal tax rate you people believe is the wealthy 's so called fair share and we would have a stagnant economy with no business expansion or new innovation.
" I am a socialist " Bernie Sanders
gounion
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by gounion »

Glennfs wrote: Tue Feb 07, 2023 8:08 am While you could say Trump took advantage of those laws, which he probably did.
But, those laws are there to promote new business and to promote people taking risks.
Your way of thinking would end and destroy companies or individuals taking risks on new projects.
Then couple that with the 70pct marginal tax rate you people believe is the wealthy 's so called fair share and we would have a stagnant economy with no business expansion or new innovation.
Funny, we had that tax rate during the largest expansion in US history.

Trump is a crook and a flim-flam man. He's had six bankruptcies, and the money he lost was far more than he has today. Yeah, I'd be rich too if I didn't have to pay any of MY debts!
Glennfs
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Re: The Donald Trump is Batcrap Crazy and The Leader of the GOP Thread

Post by Glennfs »

gounion wrote: Tue Feb 07, 2023 8:11 am Funny, we had that tax rate during the largest expansion in US history.

Trump is a crook and a flim-flam man. He's had six bankruptcies, and the money he lost was far more than he has today. Yeah, I'd be rich too if I didn't have to pay any of MY debts!
You mean back when the rest of the world had been destroyed by WWII and there was zero competition.
You mean back when only straight white men could get a decent job.

Or did you forget you aren't speaking to the usual low information people you talk to. Forgetting that the rest of us know you are ignoring the entire tax code from that era. Cherry picking and lying while telling the truth at the same time.
Forgetting that those of us who aren't low information know the effective top tax rate in that era was about 42pct.
Or maybe you are simply low information yourself.
" I am a socialist " Bernie Sanders
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