The thing you apparently miss is we despise the republican establishment more than you do. Suddenly the media are pining for the Bushes and Romney.
he is probably owned by multiple banks to which he owes hundreds of millions in debt. And that is ignoring the investors and bond holders that he fuxxed over multiple times. Because, according to him "America allows me to do that, so I would be stupid if I dont legally fuxx them all over"
Adding to your point: Warren Buffett on Trump in 1991: “The big problem with Donald Trump was he never went right. He basically overpaid for properties, but he got people to lend him the money. He was terrific at borrowing money. If you look at his assets, and what he paid for them, and what he borrowed to get them, there was never any real equity there. He owes, perhaps, $3.5 billion now, and, if you had to pick a figure as to the value of the assets, it might be more like $2.5 billion. He’s a billion in the hole, which is a lot better than being $100 in the hole because if you’re $100 in the hole, they come and take the TV set. If you’re a billion in the hole, they say ‘hang in there Donald.’" http://finance.yahoo.com/news/warren-buffett-comments-on-trump-at-notre-dame-in-1991-134008040.html
I can't comment on the specific numbers as I simply don't know them. But he definitely owes a lot in debt so much is clear. Whether the debt he owes exceeds his assets is a matter of speculation I am afraid. But for sure he is not the great business man he pretends to be.
Trump never said that, but here's what you said. "I can make up false quotes and any other lie about anyone i'd like, because we have the right to do that here in America". How's it feel, numnutz?
I edited to point out it was a remark Buffett made in 1991. Is it any different today? We don't know. Trump has yet to commit to full and proper financial disclosure. Which is a funny thing for a guy running on his business acumen...
you exactly got the point. In America anyone, including Trump can say whatever. Unfortunately, there are some gullible people who believe everything he says, probably because he always repeats it twice. Functions as some sort of confirmation that what he says really must be right. By the way I paraphrased Trump. He did indeed say that as long as the law allows him to take advantages of tax code then he would (ab)use such to the fullest extent. Warren Buffet has not done so. And many others have not. So, there are also ethical and moral issues involved, not just legal ones.
I read a longer piece of research on this issue. He could easily release some of his earlier, already audited, records. The reason he does not do that most likely points to the fact that he has been fighting with the IRS multiple times and the disclosures would bring those issues to light...and of course the fear that his main selling point, him being a great business man who understands how to cut great deals, will be greatly diminished when people compare his assets with his debt.
Well, according to him, he gets audited by the IRS practically every year. So no news there; that's already baked in. The question is, What isn't? What is he really hiding? We already know he heroically pays as little tax as humanly possible, so such confirmation would not come as a surprise. But there is a surprise, because he's not disclosing.
oh,ok, well then i only paraphrased you, too, ok? I don't know what you're talking about with regard to Buffett. He and Soros are the biggest crony capitalist finagalers of the gov't and it's tax code in this country. If you've got some other idea about that, you are badly deceived. Trump may be a blowhard, but the Clintons are an actual crime family and if you're taking their side, then your sense of ethics and proportion are so out of whack that you might as well just come out and admit that you're a died in the wool progressive and the ends justify the means no matter how low has to be stooped.