Trump’s TEN COMMANDMENTS for fraudulently claiming to be a “successful businessman” while actually being the BIGGEST LOSER in American business history:
3. Don’t pay American workers or contractors for work completed; Don’t pay any bill you can weasel out of
4. Don’t pay American taxes (only “little people” pay taxes — shades of Leona Helmsley!)
5. Run up huge debts that you never pay back
6. Declare bankruptcy and leave others holding the bag
7. Keep two sets of books: Show losses to the IRS; declare massive tax losses, some of which can be brought forward to offset gains in future years ; show profits to banks
8. Launder money for Russians and god knows who else
9. Violate the Constitutional EMOLUMENTS clause, openly and blatantly.
10. Use cheap foreign child slave labor in Asia and Mexico to reduce production costs while whining about how China, Asia and Mexico are undercutting the American workers YOU sabotaged by supporting the slave wages they pay to women and children
Senator Elizabeth Warren (former long-time Harvard Law School professor of financial law) calculated that if he had just taken Daddy’s gifts, loans (that were never repaid), bailouts and inheritance and put them in standard mutual funds, he would have had greater wealth than what he has been left with after a lifetime of bankruptcies, business failures, cheating, defrauding, conning and money laundering.
And that was when he only claimed initial seed money from Daddy of $1 million; now we learn that the seed money from Daddy was actually $60.7 million at the time ($140 million initial loan [unrepaid; therefore: gift] in today’s inflation-adjusted dollars; $413 total received as gifts and unrepaid loans from Daddy), he is so far below what a basic mutual fund would have return that his claim of being “self-made” or “successful” is all the more laughable.
Trump’s TEN COMMANDMENTS for fraudulently claiming to be a “successful businessman” while actually being the BIGGEST LOSER in American business history:
1. Inherit everything from Daddy (gifts, loans [never repaid], inheritance, networking connections)
2. Steal from everyone else
3. Don’t pay American workers or contractors for work completed; Don’t pay any bill you can weasel out of
4. Don’t pay American taxes (only “little people” pay taxes — shades of Leona Helmsley!)
5. Run up huge debts that you never pay back
6. Declare bankruptcy and leave others holding the bag
7. Keep two sets of books: Show losses to the IRS; declare massive tax losses, some of which can be brought forward to offset gains in future years ; show profits to banks
8. Launder money for Russians and god knows who else
9. Violate the Constitutional EMOLUMENTS clause, openly and blatantly.
10. Use cheap foreign child slave labor in Asia and Mexico to reduce production costs while whining about how China, Asia and Mexico are undercutting the American workers YOU sabotaged by supporting the slave wages they pay to women and children
Senator Elizabeth Warren (former long-time Harvard Law School professor of financial law) calculated that if he had just taken Daddy’s gifts, loans (that were never repaid), bailouts and inheritance and put them in standard mutual funds, he would have had greater wealth than what he has been left with after a lifetime of bankruptcies, business failures, cheating, defrauding, conning and money laundering.
And that was when he only claimed initial seed money from Daddy of $1 million; now we learn that the seed money from Daddy was actually $60.7 million at the time ($140 million initial loan [unrepaid; therefore: gift] in today’s inflation-adjusted dollars; $413 total received as gifts and unrepaid loans from Daddy), he is so far below what a basic mutual fund would have return that his claim of being “self-made” or “successful” is all the more laughable.