Donald Trump presidency discussion thread V

marno21

EltonJohn69 wrote: »

The fact that he is now suing his bank and accounting firm to stop them being released, not to mention fighting congress, suggests you might be right.

What's worse is that he's getting away with this. Imagine the uproar in the past if the President of the US was suspected to be facilitating a giant Russian money laundering operation? Would McConnell/Graham & co be ok with Obama doing this? Or one of the Clintons?

pixelburp

I'd love to hear from a reasonable head as to how, or if, it's possible to lose money or go bankrupt running a casino. A casino for goodness sake. Cos on the face of it, that alone should nuke the entire mythology of Trump as the businessman par excellence; the phrase about p*ss ups and breweries spring to mind when reading that NYT article.

Leave aside misgivings of the man's politics or personality, he simply doesn't read as a good businessman, a string of costly failures and constant crisis management his path through life.

Quin_Dub

pixelburp wrote: »

I'd love to hear from a reasonable head as to how, or if, it's possible to lose money or go bankrupt running a casino. A casino for goodness sake. Cos on the face of it, that alone should nuke the entire mythology of Trump as the businessman par excellence; the phrase about p*ss ups and breweries spring to mind when reading that NYT article.

Leave aside misgivings of the man's politics or personality, he simply doesn't read as a good businessman, a string of costly failures and constant crisis management his path through life.

What's staggering to me in all of the information that has come out about Trump and his business "acumen" is that a seemingly endless line of Financial Institutions were willing to keep lending him money despite him repeatedly burning them to the ground when his efforts failed miserably.

I just can't grasp the logic used by these organisations when they approved yet another massive loan to Trump when all available information showed him to be an incredibly bad risk.

duploelabs

Quin_Dub wrote: »

What's staggering to me in all of the information that has come out about Trump and his business "acumen" is that a seemingly endless line of Financial Institutions were willing to keep lending him money despite him repeatedly burning them to the ground when his efforts failed miserably.

I just can't grasp the logic used by these organisations when they approved yet another massive loan to Trump when all available information showed him to be an incredibly bad risk.

Wait you're saying that Deutsche Bank, who have been implicated in laundering schemes before, who loaned Trump over a billion, could be shady??

Quin_Dub

duploelabs wrote: »

Wait you're saying that Deutsche Bank, who have been implicated in laundering schemes before, who loaned Trump over a billion, could be shady??

Well - Yes , but I guess the bit I don't get is how anyone could see it as anything other than extremely dubious business practice.

everlast75

It would appear that Mr. Trump has shot himself in the proverbial foot.

Thank you NYT!

https://twitter.com/DanielJHemel/status/1126115414092726272?s=20

cnocbui

SNIP. Do not post one-liners here please.

Wanderer78

Quin_Dub wrote: »

Well - Yes , but I guess the bit I don't get is how anyone could see it as anything other than extremely dubious business practice.

banking, trump and good business ethics, an interesting mix for discussion!

everlast75

Watching the Barr hearing and my lord, is Jim Jordan exhausting.

He says they must defend the constitution (which is in fact what the Dems are doing by ensuring co-equal branches of government) but then says that the Dems want to discredit Barr because he wants to investigate the spying (which Christopher Wray says didn't happen... and the IG is investigating anyway).

cnocbui

everlast75 wrote: »

It would appear that Mr. Trump has shot himself in the proverbial foot.

Thank you NYT!

https://twitter.com/DanielJHemel/status/1126115414092726272?s=20

Nonsense he can just heal the foot, given he believes himself to be above the law like Silvio Berlusconi. SNIP. No more insults please.

duploelabs

https://www.nytimes.com/2019/05/08/us/politics/congress-contempt-barr.html?partner=bloomberg

Trump has excised privilege over the full Mueller report after previous stating that

".... in the interests of transparency and full disclosure to the American people, he would not assert privilege over the Special Counsel’s report"

How's about some of those Checks and balances eh?

Itssoeasy

duploelabs wrote: »

https://www.nytimes.com/2019/05/08/us/politics/congress-contempt-barr.html?partner=bloomberg

Trump has excised privilege over the full Mueller report after previous stating that

".... in the interests of transparency and full disclosure to the American people, he would not assert privilege over the Special Counsel’s report"

How's about some of those Checks and balances eh?

When he says full mueller report does it mean the fully unredacted version ? That's not been released(and may never be fully) but can you use executive privilege retroactively ? The report is out there with a lot of conversations he had which he could have used executive privilege on but didn't.

Igotadose

NY State Senate passed law allowing for release of Trump's state tax returns. Now going to the NY State Assembly. Be very amusing if this is the way the world gets to see Trump's tax returns. No doubt lawsuits will follow even if the law passes.

https://thehill.com/policy/finance/442718-new-york-senate-passes-bill-to-allow-congress-to-request-trumps-state-tax

duploelabs

Itssoeasy wrote: »

When he says full mueller report does it mean the fully unredacted version ? That's not been released(and may never be fully) but can you use executive privilege retroactively ? The report is out there with a lot of conversations he had which he could have used executive privilege on but didn't.

It's the full report that would be supplied to the committees, not the public

Water John

They could view a less redacted version than is out there, as per SHS, but they couldn't discuss it with each other, WTF???

Quin_Dub

Water John wrote: »

They could view a less redacted version than is out there, as per SHS, but they couldn't discuss it with each other, WTF???

So they can read it , but they can't tell anyone about it , take any action about what the read or discuss it with other people that they know for 100% certain have also read the same information???

There's some twisted legal gymnastics going on there alright..

Itssoeasy

Donald Trump Jr has been subpoenaed by the republican controlled senate intelligence committee to come back and testify before it. I mentioned it was a republican controlled committee before the Trump supporters tried to say it was another democratic overreach.

20Cent

Jr has been subepoened to the intelligence committee.

https://twitter.com/rebeccaballhaus/status/1126225595900334081?s=19

Itssoeasy

It seems(might change or get more clarity) that Donald Trump Jr is being called back to testify before the committee because in his previous testimony he said he had a general knowledge of the Trump tower Moscow project and it was a Michael cohen project. The thing is Michael cohen said he had meetings and conversations with both Donald Trump jr and ivanka Trump about the project.

ct5amr2ig1nfhp

The House Judiciary Committee has voted to hold Attorney General William Barr in contempt of Congress.

everlast75

https://twitter.com/maggieNYT/status/1126249005288165378?s=19

Another contempt citation I wonder?

Itssoeasy

Who's the so called republican ?

marno21

Itssoeasy wrote: »

Who's the so called republican ?

Richard Burr, chair of the Senate Intel Committee

It seems you are now only a "so called Republican" unless you carry on like Lindsey Graham and toe the line.

oscarBravo

"Person close to" Don Jr is press-speak for Don Jr off the record, isn't it?

everlast75

oscarBravo wrote: »

"Person close to" Don Jr is press-speak for Don Jr off the record, isn't it?

Well if its supposed to be Donny Jnr making a statement, that means its Trump Snr. We learned that from Airforce 1 and the Trump Tower meeting

everlast75

marno21 wrote: »

Richard Burr, chair of the Senate Intel Committee

It seems you are now only a "so called Republican" unless you carry on like Lindsey Graham and toe the line.

This is the Republican who received classified info from the gang of 8 and then disclosed it to the WH.

That's not enough for the Trumps*

*Spolier alert : its never enough

kilns

The trade deal with China is in big trouble it is all because China have called Trumps bluff, they know the US economy is weak and Trump is overstating their negotiating power. The markets are crashing because of it. Not good news for Trump nor those invested.

The guy is a simpleton he really is

Leroy42

Not sure about simpleton, but he is very transparent. A one trick pony.

He is super aggressive, but he attacks even when he has nothing. Like the poker player that always bluffs. People quickly learn to read it and stop paying attention.

And it always appears that the more nervous, the more difficult a situation becomes, the more aggressive and bombastic he becomes.

What is very different in his role as POTUS to that of a private businessman, is that everything he says and does is watched and reviewed. So when he attacks, continually, the FED about interest rates it shows clearly that he sees the economy as fragile and in need of stimulus. When he has basically staked his whole re-election in the economy then that gives a massive advantage to China as they have no such time pressure.

In private business you can simply change supplier, bank, builder, staff or whatever. That is not an option here, he makes a deal with China or not. He can't simply walk out and make a deal with someone else.

Quin_Dub

Leroy42 wrote: »

Not sure about simpleton, but he is very transparent. A one trick pony.

He is super aggressive, but he attacks even when he has nothing. Like the poker player that always bluffs. People quickly learn to read it and stop paying attention.

And it always appears that the more nervous, the more difficult a situation becomes, the more aggressive and bombastic he becomes.

What is very different in his role as POTUS to that of a private businessman, is that everything he says and does is watched and reviewed. So when he attacks, continually, the FED about interest rates it shows clearly that he sees the economy as fragile and in need of stimulus. When he has basically staked his whole re-election in the economy then that gives a massive advantage to China as they have no such time pressure.

In private business you can simply change supplier, bank, builder, staff or whatever. That is not an option here, he makes a deal with China or not. He can't simply walk out and make a deal with someone else.

The recent NYT report on his Taxes and business behaviours give a classic example of that..

He pretended to be a Corporate Raider for a while by telling everyone that he was planning to do a hostile takeover on a company and then when the share price blipped up on that news he sold his stake and took the profits.

He got away with the scam a few times , but then the market copped he was a bluffer and when he tried it again the stock price dropped and he lost "big league"

This is exactly what is now going to happen with the US economy - The world now knows he's a bluffer with nothing to back up his rhetoric and he'll get taken to the cleaners - Or at least the US economy will...

kilns

The problem is Fox news backing him telling all who will listen to them that what he is doing is genius.

Right now, they are saying he is dropping the hammer at the perfect time, the Chinese can afford to wait him out and wait for the next President (they know it and he knows it) so he will eventually make a deal to keep the ecomony ticking along but wont be on his his terms but mostly on China´s but he will claim victory in any case, cause of the narcassicist he is