Trump spent $55K in donations on copies of his book

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Indigo5

originally posted by: Kali74
a reply to: Indigo5

It seems like he's running for President just to get rid of his debt.

Considering his FEC filings also list multiple payments from his campaign to American Express for a Million Dollars a pop with no itemization, you might be right.

His supporters keep aping that he has Billions but everyone agrees he has exaggerated his worth and supporters don't seem to understand the difference between assets and liabilities. I think he is under-water. He owes more than he is worth and his dwindling revenue streams can't cover the debt payments. That is why he is living off donor cash and Trump foundation cash etc.

The New York Times published on Saturday a detailed analysis of Donald Trump's business dealings and found that his real estate holdings are racked in debt and he owes money to some organizations he has consistently criticized on the campaign trail.

The report into the "financial maze" of Trump's business dealings found that companies he owns have accrued $650 million in debt.

www.redstate.com...

If the NY Times can scrounge around and find 650 Million in outstanding debt he is paying on with interest..without Trump opening up any of his books, then no doubt the real number is much higher.

$650m debt is perfectly acceptable for a large real estate business the size of Trump's. Interest payments are a fraction of the $500m of revenue reported to the FEC.

OK...Revenues & Expenses vs. Assets & Liabilities.

He claimed 500 M in Revenues on his disclosure...he did NOT disclose expenses.

Revenues-expenses equals profit or cash in pocket.

His annual expenses on those properties and loan payments exceed 500M.

For the past couple years Trump was granted a tax break by NYC for those making less than 250k in income.

The difference between Liabilities and Assets is net worth.

From just the stuff the NYT could find he has at least 650 M in debt he is making payments on.

Can you point me to the source you are using for Trump's detailed expenses to show his business making a loss.

I can do that the minute he releases his tax returns..

Oh yah..that's right..he refuses to...hmmmm

OK, so you made it up.
It is quite possible that he is making a loss - I don't know - but you can't make a straw man argument by making up one side of a finance equation and expect it to stick or be unchallenged.

originally posted by: UKTruth

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Swills
a reply to: UKTruth

It's really amusing that you and Trump supporters don't see anything wrong with this. Now imagine if Hillary did the same exact thing? Oh what an uproar there would be on ATS!

But Trump continues to skate with conservatives. Shocking!

I potentially see something wrong with it if he pocketed the royalties, like I said I think it would be a silly thing to do.

Oh..Silly, silly Trump! That little rascal stealing other people's money again!

I really do appreciate the hypocritical standards Trump supporters employ.

What's more likely , that he was so desperate for cash that he schemed up a way of getting hold of about $20k OR he simply bought some books in the incorrect way?

I think Donald Trump never, ever passes up an opportunity to skim a little money from someone....whether that be stiffing employees for their pay or frivolous lawsuits in hope of a pay-day or a scam university or spending charitable funds to buy sports memorabilia etc etc etc etc

I think it is core to his nature to scam money...a dime...a nickel..or a million...he loves getting away with it.

Trump 2002 "It’s very possible that I could be the first presidential candidate to run and make money on it,”

Donald Trump’s Campaign Paid Trump Companies More Than $1 Million In May
www.huffingtonpost.com...

Donald Trump’s campaign may just be an elaborate shell game.
newrepublic.com...

Hell...he even spent over 50k in donor money on Trump Water!

originally posted by: Kali74
a reply to: Indigo5

Then there's his charities that don't seem to actually pay out very much of the dollars they raise.

#cuzreasons

Yeah, you know those contestants on his TV show: "Celebrity Apprentice"?

They donate their money to their favorite charity.

Trump tried to include that at one point - - as he, himself, donating to charity.

dp

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Swills
a reply to: UKTruth

It's really amusing that you and Trump supporters don't see anything wrong with this. Now imagine if Hillary did the same exact thing? Oh what an uproar there would be on ATS!

But Trump continues to skate with conservatives. Shocking!

I potentially see something wrong with it if he pocketed the royalties, like I said I think it would be a silly thing to do.

Oh..Silly, silly Trump! That little rascal stealing other people's money again!

I really do appreciate the hypocritical standards Trump supporters employ.

What's more likely , that he was so desperate for cash that he schemed up a way of getting hold of about $20k OR he simply bought some books in the incorrect way?

I think Donald Trump never, ever passes up an opportunity to skim a little money from someone....whether that be stiffing employees for their pay or frivolous lawsuits in hope of a pay-day or a scam university or spending charitable funds to buy sports memorabilia etc etc etc etc

I think it is core to his nature to scam money...a dime...a nickel..or a million...he loves getting away with it.

Trump 2002 "It’s very possible that I could be the first presidential candidate to run and make money on it,”

Donald Trump’s Campaign Paid Trump Companies More Than $1 Million In May
www.huffingtonpost.com...

Donald Trump’s campaign may just be an elaborate shell game.
newrepublic.com...

Hell...he even spent over 50k in donor money on Trump Water!

I am not surprised you think that - but it doesn't make it true.
There is a lot of speculation here - driven by bias I would suggest.

originally posted by: Kali74
a reply to: UKTruth

If it were this alone you'd have a point.

"Just a good business man"... or a good thief.

BAD Business man or BAD thief...I mean it is just crazy the dumb crap he does and then looks around like no one will notice or care.

marginal crap??? This crap all right, more of the same crap, lies and double talk old mcDonald has been giving us for months...how does a man claiming to build a stronger america out source his cloths line to China...always a liar and always will be looking out for himself.
I find it laughable that his constituents can not afford to play golf at trump's golf club...he won't throw these folks a bone...they are below him. Remember the rich are different.
Cheers

originally posted by: Kali74
a reply to: Indigo5

It seems like he's running for President just to get rid of his debt.

As is the norm with many GOP candidates, they capitalize off of the exposure and make a living off of book deals and media contracts.

originally posted by: UKTruth

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Swills
a reply to: UKTruth

It's really amusing that you and Trump supporters don't see anything wrong with this. Now imagine if Hillary did the same exact thing? Oh what an uproar there would be on ATS!

But Trump continues to skate with conservatives. Shocking!

I potentially see something wrong with it if he pocketed the royalties, like I said I think it would be a silly thing to do.

Oh..Silly, silly Trump! That little rascal stealing other people's money again!

I really do appreciate the hypocritical standards Trump supporters employ.

What's more likely , that he was so desperate for cash that he schemed up a way of getting hold of about $20k OR he simply bought some books in the incorrect way?

I think Donald Trump never, ever passes up an opportunity to skim a little money from someone....whether that be stiffing employees for their pay or frivolous lawsuits in hope of a pay-day or a scam university or spending charitable funds to buy sports memorabilia etc etc etc etc

I think it is core to his nature to scam money...a dime...a nickel..or a million...he loves getting away with it.

Trump 2002 "It’s very possible that I could be the first presidential candidate to run and make money on it,”

Donald Trump’s Campaign Paid Trump Companies More Than $1 Million In May
www.huffingtonpost.com...

Donald Trump’s campaign may just be an elaborate shell game.
newrepublic.com...

Hell...he even spent over 50k in donor money on Trump Water!

I am not surprised you think that - but it doesn't make it true.
There is a lot of speculation here - driven by bias I would suggest.

By speculation you mean FEC filings and accounting records?

What qualifies as "speculation" and "bias" once someone exposes the Orange Menace to his supporters is astounding.

originally posted by: Indigo5

originally posted by: Kali74
a reply to: UKTruth

If it were this alone you'd have a point.

"Just a good business man"... or a good thief.

BAD Business man or BAD thief...I mean it is just crazy the dumb crap he does and then looks around like no one will notice or care.

I can't even see this on the Clinton News Network or MSNBC... it seems like some are hysterical over it but it's not really surfacing. Maybe they will pick it up later when the news is slow.

Wow!!

Did he get any hostages for the $55,000.00?

How much does he make on 1 book? One dollar?

Do you people know he mispronounced a word yesterday?

Has that hit the headlines yet? Someone can start a thread on that one!

I could post a link to Glenn Beck's site but I see ya got it covered.

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Swills
a reply to: UKTruth

It's really amusing that you and Trump supporters don't see anything wrong with this. Now imagine if Hillary did the same exact thing? Oh what an uproar there would be on ATS!

But Trump continues to skate with conservatives. Shocking!

I potentially see something wrong with it if he pocketed the royalties, like I said I think it would be a silly thing to do.

Oh..Silly, silly Trump! That little rascal stealing other people's money again!

I really do appreciate the hypocritical standards Trump supporters employ.

What's more likely , that he was so desperate for cash that he schemed up a way of getting hold of about $20k OR he simply bought some books in the incorrect way?

I think Donald Trump never, ever passes up an opportunity to skim a little money from someone....whether that be stiffing employees for their pay or frivolous lawsuits in hope of a pay-day or a scam university or spending charitable funds to buy sports memorabilia etc etc etc etc

I think it is core to his nature to scam money...a dime...a nickel..or a million...he loves getting away with it.

Trump 2002 "It’s very possible that I could be the first presidential candidate to run and make money on it,”

Donald Trump’s Campaign Paid Trump Companies More Than $1 Million In May
www.huffingtonpost.com...

Donald Trump’s campaign may just be an elaborate shell game.
newrepublic.com...

Hell...he even spent over 50k in donor money on Trump Water!

I am not surprised you think that - but it doesn't make it true.
There is a lot of speculation here - driven by bias I would suggest.

By speculation you mean FEC filings and accounting records?

What qualifies as "speculation" and "bias" once someone exposes the Orange Menace to his supporters is astounding.

His FEC filing states that he paid Barnes & Noble $55k. Nothing wrong with that unless he took royalties, which we don;t know. Hence speculation. It's fairly simple.

originally posted by: UKTruth

originally posted by: Indigo5

originally posted by: Kali74
a reply to: UKTruth

If it were this alone you'd have a point.

"Just a good business man"... or a good thief.

BAD Business man or BAD thief...I mean it is just crazy the dumb crap he does and then looks around like no one will notice or care.

I can't even see this on the Clinton News Network or MSNBC... it seems like some are hysterical over it but it's not really surfacing. Maybe they will pick it up later when the news is slow.

Good to understand that you judge the merits of evidence on whether or not it is on MSNBC or CNN..

originally posted by: burgerbuddy
Wow!!

Did he get any hostages for the $55,000.00?

How much does he make on 1 book? One dollar?

Do you people know he mispronounced a word yesterday?

Has that hit the headlines yet? Someone can start a thread on that one!

I could post a link to Glenn Beck's site but I see ya got it covered.

I think he had Barnes & Noble paid with foreign cash flown in on his plane - but he took the marking off first so no-one would realise. Awful admin error to declare it on his FEC filing... he needs to take some lessons in hiding his vast corruption to garner $20k to pay off his $650m debt he is struggling to pay back.

originally posted by: Indigo5

originally posted by: UKTruth

originally posted by: Indigo5

originally posted by: Kali74
a reply to: UKTruth

If it were this alone you'd have a point.

"Just a good business man"... or a good thief.

BAD Business man or BAD thief...I mean it is just crazy the dumb crap he does and then looks around like no one will notice or care.

I can't even see this on the Clinton News Network or MSNBC... it seems like some are hysterical over it but it's not really surfacing. Maybe they will pick it up later when the news is slow.

Good to understand that you judge the merits of evidence on whether or not it is on MSNBC or CNN..

I would have thought they would jump on it, but perhaps they don;t see the vast conspiracy you do.
I am surprised they didn't jump all over your previous revelation that Trump bought himself a Tim Tebow shirt and helmet with charity money.

originally posted by: burgerbuddy
Wow!!

Did he get any hostages for the $55,000.00?

How much does he make on 1 book? One dollar?

That's a bout the going rate, assuming you get a "good" book deal (which he probably did).

Now if he funded say $50 million of his own money (I have no idea how much he supposedly has or has not), then is there really as muh of a hubub to be found here (I mean 7 pages long this thread already is)???

originally posted by: IgnoranceIsntBlisss

originally posted by: burgerbuddy
Wow!!

Did he get any hostages for the $55,000.00?

How much does he make on 1 book? One dollar?

That's a bout the going rate, assuming you get a "good" book deal (which he probably did).

Now if he funded say $50 million of his own money (I have no idea how much he supposedly has or has not), then is there really as muh of a hubub to be found here (I mean 7 pages long this thread already is)???

Lol if it's only a $1 per book he went to all this trouble to help pay off his apparent $650m debt in his supposedly crumbling empire for about $3.5k

a reply to: UKTruth

Yeah. That whole argument is absurd:

originally posted by: IgnoranceIsntBlisss
Unless the report also includes many other metrics such as net worth, then that $650M figure is irrelevant.

Businesses tend to run on credit. Especially real estate holdings, as anybody in real estate could attest.

Assuming there's no other numbers to go with the $650M then its silly and ignorant to make this a talking point. Even better will be later on wen people go rant about The Donald and include this little 'factoid' in their rants....

well, it could be worse he could have classified documents stored on his home computer,or maybe that wouldn`t be worse, i guess it depends who you ask.

originally posted by: Indigo5
Considering his FEC filings also list multiple payments from his campaign to American Express for a Million Dollars a pop with no itemization, you might be right.

I read yesterday some one defending the Trump campaign expenditures at Trump owned properties (Trump Tower rent, plane, golf clubs, etc.), by saying it was okay because he was donating $2 million a month to his campaign.

I wonder if he made those donations with his American Express card?

The following month the campaign makes un-annotated payments to Amex. Rinse. Repeat.

Trump is able to pay his properties (making a yuuge profit), and he keeps his image of somewhat self-funding.
He has a personal campaign slush fund enabling his soon-to-be-announced Trump Television Network marketing tour.

Sweet gig.