Congressional phones jammed by calls for Trump conflict-of-interest investigation

originally posted by: SignalMal
a reply to: Aazadan

Yes, because it's the same as someone increasing 25% from the time they got an entry level job to when they are near retirement.... nope. How many people are in his position, and above? There's only so many individuals operating at his level, and it's difficult to maintain, let alone advance.

Actually, the more you have the faster your rate of increase typically is. Especially in the past few decades where the .01% have been seeing unprecedented gains in wealth.

Trump has been very unsuccessful relative to his position.

a reply to: Aazadan

Kid, you're so far off base it's amazing....

The top .01% is nowhere near trump. Getting from 1 million to 2 is nothing, from 2 to ten is still easy, but if you're talking about billionaires... that's a whole other story.

originally posted by: SignalMal
a reply to: Aazadan

Kid, you're so far off base it's amazing....

The top .01% is nowhere near trump. Getting from 1 million to 2 is nothing, from 2 to ten is still easy, but if you're talking about billionaires... that's a whole other story.

Trump is the least successful American billionaire in the past 30 years in terms of growing their wealth. His business sense just isn't there, this is a guy who moved into mortgages in 2006 and bankrupted casinos. Between his profits and losses he doesn't even come out ahead.

Trump would be wealthier today if he stayed completely out of business and put his money in 6 month CD's that he constantly reinvested into more CD's.

a reply to: Aazadan

I challenge you to back this statement with facts, and don't omit those who have once been a billionaire and lost their 9 zero status. You can't because you know it's a lie, and if you don't already... you will soon enough.

Here, I'll save you the bother.

Billionaire went Bust

Alberto Vilar struck tech gold buying up stocks like AOL and Yahoo! in their infancy. With an estimated net worth of $1 billion in 2001 he acted the part of a billionaire benefactor, pledging hundreds of millions of dollars to opera houses and ballet theaters in New York and around the world. Then the bubble burst, pummeling Vilar’s portfolio just as charitable obligations asked him to make good on his pledges. By the time the markets hit rock bottom, Vilar was left with nearly nothing. Instead of coming clean, he allegedly stole money from at least one of his wealthy investors. He’s fighting the charges.

Riches to Rags

Martha Stewart was already in prison when she became a billionaire. Martha Stewart Living Omnimedia soared 90% during her five-month stint for obstruction of justice, and she hit the $1 billion mark behind bars. Soon after she left, her shares dropped 40%. Today she is worth only about $550 million.

How the hell did you forget Martha Stuart?

Sanjiv Sidhu has the bruises to prove it. He amassed a giant fortune through his software company, i2 Technologies, and in 2000 was the 24th-richest man in America with $10 billion, making him then wealthier than investors Carl Icahn, George Soros and Kirk Kerkorian. In Pictures: Riches-To-Rags Billionaires But like many victims of the tech bubble, Sidhu lost most of his money–fast. By the end of 2001 his net worth fell to under $1 billion. He sold roughly $500 million in stock before the crash. Today his stake in i2 is worth just $100 million.

Take your garbage elsewhere. Nobody wants it here.

originally posted by: SignalMal
a reply to: Aazadan

I challenge you to back this statement with facts, and don't omit those who have once been a billionaire and lost their 9 zero status. You can't because you know it's a lie, and if you don't already... you will soon enough.

www.bankrate.com...

I just threw all the 6 month CD rates into a spreadsheet and compiled it.

Starting with $1 on Jan 18, 1984 and compounding it to their most recent value on Jan 6 2016, that $1 is worth 11.0712620906 today. With some simple multiplication you can find that Trumps starting billion would be worth 11 billion over that time today, not the 4 billion he likely has or 8 billion he claims to have. And that's for something as low yield as 6 month CD's.

Face it, Trump just doesn't get good returns for his money.

a reply to: Aazadan

Oh so you wanna lie on top of your lies now?

You think that'll save you?

Look kid, you changed your post after I challenged you to give yourself an easy out. No billionaire made their fortune investing in CDs.

You've been called out as a liar. Move on.

originally posted by: SignalMal
a reply to: Aazadan

Oh so you wanna lie on top of your lies now?

You think that'll save you?

Look kid, you changed your post after I challenged you to give yourself an easy out. No billionaire made their fortune investing in CDs.

You've been called out as a liar. Move on.

I have no idea what you're talking about.

As near as I can tell, you're saying that Trump knows what he's doing simply because he hasn't lost all of his money?

My argument was that he's sitting in the exact same spot now as he was 30 years ago (slightly worse actually). For all his touted business sense, the only thing he has managed to do is tread water. Which by definition makes him among the least successful billionaires, if not the least successful billionaire. Your counter argument is people who lost money, but those people aren't billionaires anymore.

You challenged me and I countered with actual interest rates. If Trump took the 1 billion he had in 1980 and invested in 6 month CD's, which are among the lowest yield investments possible, he would have more money today than he has now after all of his various business ventures.

He's simply not a successful person given what he started with and where he's ended up.

Edit: I edited nothing in my previous post that addressed what you mentioned, I only added the second paragraph to clarify because it's better than making another post. Here's another edit for you. And here's the 6 month CD rates, you can check them for yourself. Trump would have been better using them, than relying on his own business sense.
1.0938
1.1091
1.0877
1.0749
1.0759
1.0676
1.0591
1.067
1.0723
1.0715
1.0821
1.0879
1.0792
1.0791
1.0721
1.0596
1.0415
1.0368
1.0305
1.0285
1.0278
1.0337
1.0457
1.0496
1.0474
1.0465
1.0475
1.0491
1.0486
1.0465
1.0415
1.0418
1.0463
1.0525
1.0513
1.034
1.0188
1.0177
1.0127
1.0093
1.0093
1.011
1.0174
1.024
1.0284
1.0342
1.0345
1.0354
1.0358
1.0338
1.0192
1.0144
1.0085
1.004
1.003
1.0026
1.0022
1.002
1.0018
1.0014
1.0015
1.0016
1.0016
1.0016

originally posted by: Aazadan


Trump is the least successful American billionaire in the past 30 years in terms of growing their wealth.

Sure you do. This is your original claim, and it's a lie. After you realized you would be called out, you changed your post to go after some point that is so far off base it's just ridiculous to even bring up.

You're making ridiculous assumptions about myself, and are not willing to man up and admit fault.

End of discussion with you.

The 2016 election that has come and now the country has a new President, and the face of the country.

Before we go into all of what all is going on now, here is what can be stated:

Neither candidate should have been nominated. None of the candidates, either the Republican or the Democrats should have won, as they all have baggage that goes with them.

Clinton had faults, but then again, the question is what is so objectionable about her, that if after 30 years of investigations that nothing has been brought up or found, that they are terrified of? All of the investigations, all of the hours and money spent on such, what all has it turned up? Not one bit of evidence that could be used to convict, not one shred of anything that says guilty.

Trump too, had faults, then again, many of such came out during the election and the run for the white house. Many of his followers bought into his campaign promises, of which very few if any may be accomplished. They think he is the second coming, yet fail to realize he is a politician and one who lies very well. Yes the man lies, he has not really told the truth at all, nor do I think he will, unless he is under oath and has to testify, and a good chance he is going to be taking the 5th.

But beyond that, beyond all of the rhetoric and stuff, here is what we do know and can see:

As far as Clinton is concerned, guess what, the investigations are done, they will simply fade and no one will hear about them or her emails ever again, just a foot note in history. Oh she will surface for events where Bill shows up, but beyond that it is amazing how quickly the tune of the Republicans changed when it is now Trump in office.

And as far as Trump, he is in for a world of hurt and problems that I do not think he was prepared for or expected. So far he is botching the job, there is no on the job training, and he is quickly finding out that being the owner of a company or the CEO is far different than running a country. He goes from being very private and keeping said wall of privacy around him, to being in the public light and eye all of the time. He goes from not having to reveal things to now having no privacy and much of what all he does or says is a matter of public record, and looked at, analyzed and discussed in ways he may not like, even find such to be intrusive and hard on the body. He is going to see that sitting in that chair in the Oval office, being in that position is in reality a 24 hour a day, 365 day a year job, that will add stress and no end of problems for him. And any misstep that he makes people, both the public who he now works for and congress will be quick to jump on and really make him suffer. He thought the election was grueling, that was just the warm up. These words ring very true: The stage is set, the band is playing, now lets see if the man can walk the walk and dance the dance.

As far as conflicts of interest and ethics charges, there appears to be some that are starting to rear its ugly head. And he and his lawyers are trying to figure out ways to skirt such. And if he does, there is a good chance it will back fire and he will find himself in the middle of something far worse. Right now the man is trying to get started, his biggest challenge so far is hiring people, who are not wanting to work for him. After all it is not going to be easy filling 4000 vacancies between now and Jan. 9. And that is only the first problem, what is he going to do when he finds out that he can’t go home to New York as often as he wants to?

originally posted by: SignalMal
Sure you do. This is your original claim, and it's a lie. After you realized you would be called out, you changed your post to go after some point that is so far off base it's just ridiculous to even bring up.

You're making ridiculous assumptions about myself, and are not willing to man up and admit fault.

End of discussion with you.

I have made zero assumptions about you. You've said people who don't like Trump are projecting jealousy over his wealth though.

And how is my point off base? Trump is the least successful billionaire. You have yet to challenge that. Would you like to point out someone who was a billionaire in the early 80's, is still a billionaire, and has less wealth than Trump?

Trump has conflicts of interest but Hilary and her foundation doesn't?

So sad, how the mighty has fallen.

originally posted by: cenpuppie
Trump has conflicts of interest but Hilary and her foundation doesn't?

So sad, how the mighty has fallen.

Trump isn't running his company, so there's no conflict of interest there, the same is true of Hillary and the CF, it is/was turned over to Chelsea. However, involving Trumps family members in government negotiation is a conflict of interest because that's whose running their company. It would be like Hillary becoming president and then involving Chelsea in government negotiations. That's a clear conflict of interest.

I'm not too happy with either regardless, either of those outcomes should involve a blind trust rather than giving control to another family member.

Trump son-in-law helping to eliminate candidates based on his hatred of people associated with the system that convicted his father. That's pure corruption. His father was a criminal.

a reply to: BubbaJoe

Maybe it should be investigated by someone other than Loretta Lynch or the lefties or the media that she owns.

Asshats

a reply to: muSSang

I am very tempted to make fun of you. Assuming you are serious about thinking white nationalism is innocuous. Instead, I encourage you to read theWikipedia page on white nationalism.

originally posted by: Darkphoenix77

originally posted by: DJW001

originally posted by: starwarsisreal
a reply to: Swills

I stop trusting Trump after he appointed a White Nationalist as adviser. Believe me if given the chance, the White Nationalists would shred the Constitution.

His choice for Attorney General was turned down for a Federal judge post because of his racism. Just because the Congress is dominated by the GOP does not mean they will rubber stamp his choices. Jeff Sessions would be a good place for them to draw the line. They need to demonstrate to Trump that he cannot get everything he wants all the time.

More to the point: he made a $25 million settlement to avoid being found guilty of fraud. That's pretty much a confession of guilt.

Seriously, he settled to put this crap behind him so he wouldn't have that hanging over his head while trying to appoint people to his cabinet in peace....use some sense.

Shouldn't he have settled before he ran?

originally posted by: DJW001

originally posted by: Darkphoenix77

originally posted by: DJW001

originally posted by: starwarsisreal
a reply to: Swills

I stop trusting Trump after he appointed a White Nationalist as adviser. Believe me if given the chance, the White Nationalists would shred the Constitution.

His choice for Attorney General was turned down for a Federal judge post because of his racism. Just because the Congress is dominated by the GOP does not mean they will rubber stamp his choices. Jeff Sessions would be a good place for them to draw the line. They need to demonstrate to Trump that he cannot get everything he wants all the time.

More to the point: he made a $25 million settlement to avoid being found guilty of fraud. That's pretty much a confession of guilt.

Seriously, he settled to put this crap behind him so he wouldn't have that hanging over his head while trying to appoint people to his cabinet in peace....use some sense.

Shouldn't he have settled before he ran?

No....it may have gotten dismissed before becoming president elect or it would still be fought in court if he hadn't been elected.

He settled to rid himself of the distraction, so no.....there is no implied guilt sorry

originally posted by: Darkphoenix77

originally posted by: DJW001

originally posted by: Darkphoenix77

originally posted by: DJW001

originally posted by: starwarsisreal
a reply to: Swills

I stop trusting Trump after he appointed a White Nationalist as adviser. Believe me if given the chance, the White Nationalists would shred the Constitution.

His choice for Attorney General was turned down for a Federal judge post because of his racism. Just because the Congress is dominated by the GOP does not mean they will rubber stamp his choices. Jeff Sessions would be a good place for them to draw the line. They need to demonstrate to Trump that he cannot get everything he wants all the time.

More to the point: he made a $25 million settlement to avoid being found guilty of fraud. That's pretty much a confession of guilt.

Seriously, he settled to put this crap behind him so he wouldn't have that hanging over his head while trying to appoint people to his cabinet in peace....use some sense.

Shouldn't he have settled before he ran?

No....it may have gotten dismissed before becoming president elect or it would still be fought in court if he hadn't been elected.

He settled to rid himself of the distraction, so no.....there is no implied guilt sorry

If he were actually planning upon becoming President, he would have gotten all his ducks in a row. Outstanding lawsuits, blind trusts, etc.

originally posted by: DJW001

originally posted by: Darkphoenix77

originally posted by: DJW001

originally posted by: Darkphoenix77

originally posted by: DJW001

originally posted by: starwarsisreal
a reply to: Swills

I stop trusting Trump after he appointed a White Nationalist as adviser. Believe me if given the chance, the White Nationalists would shred the Constitution.

His choice for Attorney General was turned down for a Federal judge post because of his racism. Just because the Congress is dominated by the GOP does not mean they will rubber stamp his choices. Jeff Sessions would be a good place for them to draw the line. They need to demonstrate to Trump that he cannot get everything he wants all the time.

More to the point: he made a $25 million settlement to avoid being found guilty of fraud. That's pretty much a confession of guilt.

Seriously, he settled to put this crap behind him so he wouldn't have that hanging over his head while trying to appoint people to his cabinet in peace....use some sense.

Shouldn't he have settled before he ran?

No....it may have gotten dismissed before becoming president elect or it would still be fought in court if he hadn't been elected.

He settled to rid himself of the distraction, so no.....there is no implied guilt sorry

If he were actually planning upon becoming President, he would have gotten all his ducks in a row. Outstanding lawsuits, blind trusts, etc.

How do you figure that? Isn't that the mistake Hillary made? Believing it was in the bag before the votes were even counted, ordering champagne and fireworks (later returned) and it's nobody's fault but hers that her ducks got loose and people started to notice.

originally posted by: Swills
a reply to: Konduit

I don't expect a Trump supporter to understand any of this but if the tables were turned and it was Clinton who took office refusing to release her taxes while also being under investigation for racketeering I'm sure conservatives wouldn't be imploding at all or anything. Nope, totally fine with it I'm sure.

Ignorance.

And you'd be explaining how wrong they were for doing it.

But than again I wouldn't exexpect a major party supporter to understand how silly they sound when they blame the other major party supporter for doing exactly what they would do.