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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMalcolm Nance: Trump's debt is a National Security Emergency
Link to tweet
@MalcolmNance
WARNING: Trumps debt is a National Security Emergency . He is a compromised asset of Putin & likely still working for multiple foreign powers incl Russia & Saudi Arabia to stave off financial ruin. #ResignNow
Naveed 🇺🇸 #VetsAgainstTrump
@ArmyofNaveed
Replying to @ArmyofNaveed
Our president has liabilities in the range of $400 million - isnt debt exactly the type of kompromat agencies look for when vetting folks for security clearances?
progressive nobody
(816 posts)Thekaspervote
(32,764 posts)bdamomma
(63,849 posts)is the root of all EVIL. for real.
Malcolm was right.
CR4200
(15 posts)Actually, it's The LOVE of Money, is a root of all evils. Money in it's self is not evil, man can do great things and help many people with money.
It's the people that have the Love of money in their hearts, that overwhelm everything the do, that is the problem.
Something like Party before Country....just sayin'.
Ingersollman
(204 posts)I think the saying can be traced back to the Latin phrase, (which came fronm the Greek), "Radix Malorum est Cupiditas". Translated means the root of evil is greed.
bdamomma
(63,849 posts)and yes. Your comment makes sense, but many men think money (greed) is for them and not for others. Thus the split for the non-existant Middle class and Poor/ Working Class. Thus Have's vs. Have Nots.
calimary
(81,238 posts)Follow the money.
Gives a whole new meaning to the phrase "Money talks."
Or as I said when Michael Cohen started talking, "SING, my angel of music!"
dalton99a
(81,485 posts)IggleDuer
(964 posts)N/T
keithbvadu2
(36,793 posts)jared considers a security clearance to be a license to sell our country's secrets.
calimary
(81,238 posts)"how much can I make off of this?"
smirkymonkey
(63,221 posts)The Magistrate
(95,247 posts)Great indebtedness in a cleared employee is a common trigger for investigation, as it raises possibilities of blackmail or accepting bribes.
dchill
(38,488 posts)Pachamama
(16,887 posts)octoberlib
(14,971 posts)Link to tweet
?s=20
sheshe2
(83,753 posts)CousinIT
(9,241 posts)Link to tweet
LuvNewcastle
(16,844 posts)This is what happens when a rich man with no morals runs out of money. By the time this is all over with, I don't think Pence is going to pardon him. If all his influence -selling and borderline treason comes to light, no one in his right mind would want to get any of Donny's doody on himself. Pence is probably ruined in politics for life as it is just for being associated with Trump. Pardoning Trump would make Pence a pariah, too.
Midnight Writer
(21,753 posts)EndlessWire
(6,526 posts)with money he appropriates from the national treasury. Wait, who does he owe this money to? Oh, then he won't bother to pay it at all.
lindysalsagal
(20,680 posts)so it's too hard for his mindless followers to grasp.
OneBro
(1,159 posts)ihas2stinkyfeet
(1,400 posts)calimary
(81,238 posts)"I want that on my car."
Sounds like a good protest sign too!
COMPLIMENTS to OneBro!
"Trump: Not Just Morally Bankrupt"
Cha
(297,196 posts)trump Not to have his taxes Exposed?
ProfessorGAC
(65,013 posts)Where'd they get that number from.
The undeclared, and discovered debt over the last 2.5 years is at least a billion more than that.
And 5 years ago they ADMITTED to $5.4 billion in debt.
And the asset value was overstated by more than $2 billion.
Geez, PINO owes the Bank of China $360 million.
8 or 9 hundred million to Deutsche Bank, plus Russia, plus maybe the Saudis.
Where'd that puny $400 million come from?
OneBro
(1,159 posts)ProfessorGAC
(65,013 posts)The TO is a privately held corporation.
It's the large scale equivalent of a sole proprietorship.
Any debt is still his, although there are personal liability protections.
But, broke is broke.
Company goes broke, so does he.
He, being the non-genius that he is, putting nearly all the eggs in one basket.
Even Bezos didn't do that and he still runs Amazon. But, he grasped diversification.
And, remember how that was worded. It said they were loans he personally guaranteed.
IOW, they could be loans to the TO that are coming due, they don't have the cash, and he personally guaranteed them.
That could mean these were organizational loans, but he vouched for himself. (Which does call into question the commercial lending practices at those banks.)
I just find that 400 million ridiculously low.
FakeNoose
(32,638 posts)Chump has been overstating his expenses and understating his income for so many years in a row, I don't think his own accountants even know what he owes any more.
ProfessorGAC
(65,013 posts)And their accountants likely know the amount to a tenth of a cent!
calimary
(81,238 posts)EndlessWire
(6,526 posts)superpatriotman
(6,247 posts)Or something in a Biden administration
TexasBushwhacker
(20,185 posts)MFGsunny
(2,356 posts)House of Roberts
(5,168 posts)That sounds strangely familiar.
bucolic_frolic
(43,155 posts)Easy money fastest way out of debt? What assets has the Fed been buying?
BlueWavePsych
(2,635 posts)Kid Berwyn
(14,901 posts)More Adderall! Double the Sudafed!
StarryNite
(9,444 posts)LastDemocratInSC
(3,647 posts)Getting a clearance is not easy, for good reasons. I had 2 late credit card payments reported in the early 2000s and that imperiled the whole thing. I was interviewed several times to discuss those 2 late payments and how I remedied the situations and how I had a strategy to avoid such situations in the future.
I got the clearance but the process was an eye-opener. You've got to be squeaky clean, or very close to it.
He got waivers for Jared - that's crooked - and nobody with Trump's level of debt could ever get a clearance in the normal manner. He would be considered a huge risk.
HipChick
(25,485 posts)Had to maintain a SC for over a decade...
BigmanPigman
(51,590 posts)Everything we suspected has been verified. "More to come" says the NYT.
StTimofEdenRoc
(445 posts)supreme court member and an early retirement. Giving us Judge Kavanaugh.
Blue_playwright
(1,568 posts)I hope I live long enough.
Still waiting to find out who killed JFK. My dad swears it was the GOP.
crickets
(25,969 posts)Illumination
(2,458 posts)Lonestarblue
(9,986 posts)That is Putins hold over Trump. Either Eric or Jr. confirmed that they got all the money they needed from Russia. Tracking the source of Trumps money is the key to figuring out whether he is a Russian asset. Once he is out of office and we have a legitimate AG, we need a full investigation of his Russia connections.
bdamomma
(63,849 posts)hearing that Jr. said money was coming in profusely from Russia during the 2016 campaign.
Follow the money.
bringthePaine
(1,728 posts)Wounded Bear
(58,649 posts)hkp11
(275 posts)Drumpf is a national security risk!
FakeNoose
(32,638 posts)Thank you Malcolm Nance for staying on top of this!
Enoki33
(1,587 posts)of Russian intelligence that was being passed on to tRump in an attempt not to ruffle any feathers. Bet the real reason is they know tRump is a major security risk. In fact an active Russian asset.
moondust
(19,979 posts)Do they not do background investigations on Presidential candidates who may end up handling the highest level classified information? Or at least on the candidates that end up winning? Or is all that just for the "little people"?
Bonx
(2,053 posts)keithbvadu2
(36,793 posts)When Trump is out of office, his usefulness will be greatly diminished. Will Putin come collecting?
Trump should beware of high open windows, tea, and Polonium 210 tipped umbrellas.
Blue Owl
(50,360 posts)ffr
(22,669 posts)llmart
(15,536 posts)Also, a tie to Barr.
BadgerMom
(2,771 posts)yellowdogintexas
(22,252 posts)We would have a special election, Beto would win it in a landslide and life would be very very sweet indeed!
Well, I can dream, can't I?
yellowdogintexas
(22,252 posts)Seems like I have some housecleanin' to do!!
cp
(6,628 posts)National security emergency.
marble falls
(57,081 posts)My crooked uncle once told me if you owed the bank $100,000, the bank owned you. If you owed the banks $1,000,000, you owned the banks.
When it looked like Trump was going to fall and drag Citibank(?) down with him in the 90's, the Fed guaranteed another Billion dollars in loans to keep Trump solvent.
Everybody made money in the 90's, but not Trump. He even tried to sue Merv Griffin for snookering him on a resort/casino deal.
https://themoscowproject.org/collusion/banks-refuse-lend-trump-citing-donald-risk/
https://www.washingtonpost.com/politics/2019/05/08/trumps-money-problems-were-well-known-s-then-came-apprentice/
https://www.nytimes.com/1990/06/27/business/banks-approve-loans-for-trump-but-take-control-of-his-finances.html