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T5 Official Discussion: The Trump Presidency

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    Woman who was forced to flee from an active combat zone when she was a child and spent four years in a refugee camp - "I have PTSD and grow sick when I think about the horrors of war."

    Guy who spent one year in Afghanistan as a member of the supply corps who never even came close to an active combat situation - "YOU'RE A DISGRACE AND THAT OFFENDS THE HELL OUT OF ME AND EVERY VETERAN!"

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      I was speaking to an attorney yesterday that represented the Trump Organization back in the 1990s, when he was going through his casino period and his bankruptcy in Atlantic City.

      We joke alot about "how dumb do you have to be to bankrupt a CASINO???"

      But this attorney had some--very interesting behind-the-scenes insights into how that really all went down. It was less dumb, and more there really is no low this man won't sink to when he's in trouble and needs a fix.

      So apparently what happened is that Trump was going through a period where he was out of liquid assets, had multiple properties that were not profitable + had more debt then cashflow, and needed fast cash and lots of it to get his failing business empire back above-water.

      So the plan Trump came up with is that he was just going to get one (1) property that he could:

      1) Convince everyone was a money-making machine and good collateral for multi-hundred million dollar bank loans.

      2) Get the loans.

      3) Use the loans to finance his other debts.

      4) Attach all the loan debt he used to finance his other debts to this one (1) property

      5) Run that property into the ground, bankrupt it, and discharge the debt in bankruptcy.

      ...and the business venture he identified as the ideal property for this massive fraud scheme was--of course--a casino...

      So Trump gets into the Casino business. Runs around to all the banks telling them hes got this multi-biillion dollar cash generating property now. Securing his loans, with equity interests in the casino backing the loan in the event of default.

      Spends all the money.

      Never pays back any of his creditors.

      And as he's doing this--he's not hiring staff for his casino. He's not maintaining the slot machines in working order. Hes not getting his necessary licenses and certifications from Atlantic City to keep the bars or the card-tables open.

      He's just purposefully doing everything he can to make this business fail, while he loots the loans attached to it and buries it in personal debts.

      With his intention all along being that the casino is going to go bankrupt and that's how he's going to defraud his creditors.

      (And this is the reason why American banks stopped lending to Donald Trump after the 1990s + he had to start going to the Russians. American banks were on notice after the Atlantic City debacle that this is what Trump does, and that you will never see your money again if you give him a loan)
      _____

      Thats the kind of man you're dealing with in Donald Trump.

      Thats the kind of mindset he brings to executing the powers of the President of the United States + getting through impeachment.

      Comment


        Bankers in the '90s: we can't let this dude anywhere near our money.

        voters in 2016: Listen, he's a money guy. He'll fix our economy right up!
        Originally posted by Wade
        Everything is hidden in plain sight, like in Men in Black. We've all just been neuralized to think it is "normal".

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          Bernie needs to win right

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            Originally posted by OsamaBinBallin View Post
            Bernie needs to win right
            I'd be fine with any of the Democrats left in the primary field right now

            But big dick energy for Bernie

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              Originally posted by Post-Crisis Shob View Post
              But big dick energy for Bernie
              As it should be. He's the best, after all. At least until I run for office.

              Comment


                Originally posted by Cid View Post

                As it should be. He's the best, after all. At least until I run for office.
                I wouldn't be surprised if you became president. I mean, you guys elected Trump, so anything is possible.

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                  What's up y'all . How u commies been ? Happy New year .
                  Glorious 2020 is upon us , can't wait for November , it will be better then 16 .

                  Comment


                    Originally posted by Flame Saber View Post

                    I wouldn't be surprised if you became president. I mean, you guys elected Trump, so anything is possible.
                    JUST WHAT ARE YOU IMPLYING FS?

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                      https://www.youtube.com/watch?v=U_cFBu5dIWw

                      lmao she can't even do basic math bro
                      Originally posted by Kajin_Style ;n513566
                      Why should I even give a damn that some faggot is being stoned to death in another country?

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                        Originally posted by Post-Crisis Shob View Post

                        I'd be fine with any of the Democrats left in the primary field right now

                        But big dick energy for Bernie
                        I just wanna see if its plausible to pay for all these programs the way that he promises
                        Last edited by OsamaBinBallin; January 18th, 2020, 01:07 PM.

                        Comment


                          Originally posted by OsamaBinBallin View Post

                          I just wanna see if its plausible to pay for all these programs the way that he promises
                          I believe the math has been done, and it works out about like he says. There were a few discrepancies where his campaign assumes a higher number in revenue than the tax experts do, but the difference wasn't significant.

                          Comment


                            Originally posted by Cid View Post

                            I believe the math has been done, and it works out about like he says. There were a few discrepancies where his campaign assumes a higher number in revenue than the tax experts do, but the difference wasn't significant.
                            I know its over a long period.
                            But to clean student debt and free medicare will cost trillions, Im aware hes cutting military spending and a higher tax for the 1 percent. If you say the math will crunch then I believe so.
                            Im just glad that someone out there points out the real enemies and is willing to fight against them. Fuck the pharmaceutical companies, Wall Street, and the University institutions.

                            Comment


                              Originally posted by OsamaBinBallin View Post

                              I know its over a long period.
                              But to clean student debt and free medicare will cost trillions, Im aware hes cutting military spending and a higher tax for the 1 percent. If you say the math will crunch then I believe so.
                              Im just glad that someone out there points out the real enemies and is willing to fight against them. Fuck the pharmaceutical companies, Wall Street, and the University institutions.
                              Well, he's raising taxes on everyone. Including people like us, but the tradeoff is that we don't have to pay out an insurance premium or have copays for office visits. His free college tuition is funded entirely by a speculation tax on wall street.

                              A good person to take a look at for the information on the numbers is Robert Reich. He does a great job explaining everything and will lay out the caveats and assumptions plainly.

                              Comment


                                Originally posted by Cid View Post

                                Well, he's raising taxes on everyone. Including people like us, but the tradeoff is that we don't have to pay out an insurance premium or have copays for office visits. His free college tuition is funded entirely by a speculation tax on wall street.

                                A good person to take a look at for the information on the numbers is Robert Reich. He does a great job explaining everything and will lay out the caveats and assumptions plainly.
                                Im ok with that, I would have to pay about ~500-700 in a monthly health insurance premium. And its about time we get our money back with interest from that 2008 bailout act.

                                Comment


                                  Originally posted by OsamaBinBallin View Post

                                  Im ok with that, I would have to pay about ~500-700 in a monthly health insurance premium. And its about time we get our money back with interest from that 2008 bailout act.
                                  Yeah, my insurance premiums are partially funded by my job, but I'm still forking out some $200 per month for it. And then $40 co-pays every time I visit the doctor. Not to mention, even with insurance, I racked up nearly $10,000 in medical debt from my surgery last year. I'm perfectly fine with paying out an extra $100 a month in taxes. lololol

                                  Comment


                                    Just curious...are Democrats trying to get Bolton to testify in this whole impeachment affair? Because if so, what does he have to do with anything?

                                    Comment


                                      Originally posted by Cid View Post

                                      Yeah, my insurance premiums are partially funded by my job, but I'm still forking out some $200 per month for it. And then $40 co-pays every time I visit the doctor. Not to mention, even with insurance, I racked up nearly $10,000 in medical debt from my surgery last year. I'm perfectly fine with paying out an extra $100 a month in taxes. lololol
                                      Wouldn't it devastate insurance companies? My union is fighting for free medicare, we would just have to pay an extra 5 bucks in our union fees and the union fees would be the "premium"

                                      Comment


                                        Originally posted by RussianCoffeeAddict View Post
                                        Just curious...are Democrats trying to get Bolton to testify in this whole impeachment affair? Because if so, what does he have to do with anything?
                                        Bolton had first-hand knowledge of the stuff going down in Ukraine. And sources inside the administration say he was absolutely furious when he learned about what Trump was doing.

                                        Originally posted by OsamaBinBallin View Post
                                        Wouldn't it devastate insurance companies? My union is fighting for free medicare, we would just have to pay an extra 5 bucks in our union fees and the union fees would be the "premium"
                                        The plan is to basically eradicate private insurance companies. So yeah... lol.

                                        Unionizing would be nice. But I live in Alabama, so that's not gonna happen.

                                        Comment

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