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Nevilledog

(51,094 posts)
Sun Sep 27, 2020, 07:48 PM Sep 2020

Malcolm Nance: Trump's debt is a National Security Emergency



Tweet text: Malcolm Nance
@MalcolmNance
WARNING: Trump’s 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 - isn’t debt exactly the type of kompromat agencies look for when vetting folks for security clearances?
69 replies = new reply since forum marked as read
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Malcolm Nance: Trump's debt is a National Security Emergency (Original Post) Nevilledog Sep 2020 OP
Malcolm has been saying this from the beginning "follow the Money" progressive nobody Sep 2020 #1
+1000 Thekaspervote Sep 2020 #2
money bdamomma Sep 2020 #40
The Love of Money CR4200 Sep 2020 #63
Actually Ingersollman Sep 2020 #64
Welcome to DU bdamomma Sep 2020 #69
Echoes of Woodward & Bernstein's Deep Throat. calimary Sep 2020 #47
Kick dalton99a Sep 2020 #3
Didn't Jared and Ivanka fail their national security screening? IggleDuer Sep 2020 #4
Yup. 2naSalit Sep 2020 #20
jared considers a security clearance to be a license to sell our country's secrets. keithbvadu2 Sep 2020 #23
With him, his wife, and his father-in-law, it always comes down to calimary Sep 2020 #48
K&R smirkymonkey Sep 2020 #5
He Has A Point, Ma'am The Magistrate Sep 2020 #6
Still wondering who cleaned up Kavanaugh's debt problems. dchill Sep 2020 #43
Putin? Bluepinky Sep 2020 #54
That is an answer that I would like to know Pachamama Sep 2020 #58
Yep. octoberlib Sep 2020 #7
Correct. sheshe2 Sep 2020 #8
"walking conflict of interest" CousinIT Sep 2020 #9
That's it. LuvNewcastle Sep 2020 #32
He'll pay that debt off with money he raises for his Presidential Library. Midnight Writer Sep 2020 #45
He gonna pay it off EndlessWire Sep 2020 #55
THAT's the story. It always was. But it doesn't fit on a bumper sticker lindysalsagal Sep 2020 #10
Trump: Not Just Morally Bankrupt OneBro Sep 2020 #18
i want that on my car. ihas2stinkyfeet Sep 2020 #28
That is mighty good! Must say! calimary Sep 2020 #49
Rt! Hell Yeah! More than "likely".. how desperate was Cha Sep 2020 #11
$400 Million????? ProfessorGAC Sep 2020 #12
Maybe his personal debt vs the debt of his many companies. Maybe. OneBro Sep 2020 #14
It's All Personal Debt ProfessorGAC Sep 2020 #19
That's a good point, nobody knows the real number he owes FakeNoose Sep 2020 #16
The Lenders Do!!! ProfessorGAC Sep 2020 #21
There is that. calimary Sep 2020 #50
I agree. n/t EndlessWire Sep 2020 #56
Nance for head of NSA! superpatriotman Sep 2020 #13
That would be GLORIOUS! N/T TexasBushwhacker Sep 2020 #17
+ 1000 n/t MFGsunny Sep 2020 #67
Hmmm. 'ArmyofNaveed'... House of Roberts Sep 2020 #15
No wonder economic policies resulted in flooding the economy with cash bucolic_frolic Sep 2020 #22
National Security is surely at risk! How can you trust someone who is indebted to foreign powers? BlueWavePsych Sep 2020 #24
President Putin is not like this leaking. Kid Berwyn Sep 2020 #25
Agent Orange StarryNite Sep 2020 #26
I had a security clearance from 2009 to 2012 because of my line of work. LastDemocratInSC Sep 2020 #27
Exactly... HipChick Sep 2020 #29
An enormous risk! BigmanPigman Sep 2020 #31
As this unfolds remember wasn't there a Deutsche Bank scandal, involving the son of a supreme court StTimofEdenRoc Sep 2020 #30
I'm really looking forward to this coming out... Blue_playwright Sep 2020 #33
Yep. nt crickets Sep 2020 #39
Yikes! The F.B.I. needs to escort him out of the W.H. A.S.A.P. & his piece of sh** family, etc.... Illumination Sep 2020 #34
Trump is most likely in debt to Russia, even after all the money laundering. Lonestarblue Sep 2020 #35
I remember bdamomma Sep 2020 #41
re-fire the impeachment engine immediately - there will be no confirmation, but a resignation... bringthePaine Sep 2020 #36
D'uh...nt Wounded Bear Sep 2020 #37
Malcolm has been saying this for a long time hkp11 Sep 2020 #38
Yes he has insider knowledge FakeNoose Sep 2020 #44
Recently it was reported the CIA has been limiting the amount Enoki33 Sep 2020 #42
Where were investigators in 2015-17? moondust Sep 2020 #46
Trump's goose is cooked this time. Bonx Sep 2020 #51
Putting money into Trump was the best investment Putin ever made keithbvadu2 Sep 2020 #52
YES! Blue Owl Sep 2020 #53
Oh please, let their be a tie-in to McConnell! ffr Sep 2020 #57
I'd stake my life on that being true. llmart Sep 2020 #60
And Ron Johnson, Rand Paul, Ted Cruz... BadgerMom Sep 2020 #62
what a wonderful thing if Cruz was brought down! yellowdogintexas Sep 2020 #65
yes yes yes. I think Karma just woke up from a 4 year nap and said "Wait just a damn minute" yellowdogintexas Sep 2020 #66
Yes! Yes! Yes! cp Sep 2020 #59
Malcom Nance is on the button. Trump's debts are a threat on several levels ... marble falls Sep 2020 #61
This Reminds Me of an Old Song I heard Way Back in the Day: panfluteman Sep 2020 #68
 

CR4200

(15 posts)
63. The Love of Money
Mon Sep 28, 2020, 02:39 PM
Sep 2020

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)
64. Actually
Mon Sep 28, 2020, 03:02 PM
Sep 2020

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)
69. Welcome to DU
Mon Sep 28, 2020, 07:59 PM
Sep 2020

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)
47. Echoes of Woodward & Bernstein's Deep Throat.
Sun Sep 27, 2020, 10:09 PM
Sep 2020

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!"






keithbvadu2

(36,793 posts)
23. jared considers a security clearance to be a license to sell our country's secrets.
Sun Sep 27, 2020, 08:21 PM
Sep 2020

jared considers a security clearance to be a license to sell our country's secrets.

calimary

(81,238 posts)
48. With him, his wife, and his father-in-law, it always comes down to
Sun Sep 27, 2020, 10:11 PM
Sep 2020

"how much can I make off of this?"

The Magistrate

(95,247 posts)
6. He Has A Point, Ma'am
Sun Sep 27, 2020, 08:00 PM
Sep 2020

Great indebtedness in a cleared employee is a common trigger for investigation, as it raises possibilities of blackmail or accepting bribes.

CousinIT

(9,241 posts)
9. "walking conflict of interest"
Sun Sep 27, 2020, 08:02 PM
Sep 2020


People are focused on how little Trump paid in taxes, but to me this is the bigger story. He was deeply in debt and looking for a way to reinvigorate his brand. So he ran for President. And he’s been a walking conflict of interest ever since.

LuvNewcastle

(16,844 posts)
32. That's it.
Sun Sep 27, 2020, 08:52 PM
Sep 2020

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.

EndlessWire

(6,526 posts)
55. He gonna pay it off
Mon Sep 28, 2020, 12:48 AM
Sep 2020

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)
10. THAT's the story. It always was. But it doesn't fit on a bumper sticker
Sun Sep 27, 2020, 08:03 PM
Sep 2020

so it's too hard for his mindless followers to grasp.

calimary

(81,238 posts)
49. That is mighty good! Must say!
Sun Sep 27, 2020, 10:14 PM
Sep 2020

"I want that on my car."

Sounds like a good protest sign too!


COMPLIMENTS to OneBro!

"Trump: Not Just Morally Bankrupt"

ProfessorGAC

(65,013 posts)
12. $400 Million?????
Sun Sep 27, 2020, 08:04 PM
Sep 2020

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?

ProfessorGAC

(65,013 posts)
19. It's All Personal Debt
Sun Sep 27, 2020, 08:19 PM
Sep 2020

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)
16. That's a good point, nobody knows the real number he owes
Sun Sep 27, 2020, 08:14 PM
Sep 2020

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.




bucolic_frolic

(43,155 posts)
22. No wonder economic policies resulted in flooding the economy with cash
Sun Sep 27, 2020, 08:20 PM
Sep 2020

Easy money fastest way out of debt? What assets has the Fed been buying?

LastDemocratInSC

(3,647 posts)
27. I had a security clearance from 2009 to 2012 because of my line of work.
Sun Sep 27, 2020, 08:41 PM
Sep 2020

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.

 

StTimofEdenRoc

(445 posts)
30. As this unfolds remember wasn't there a Deutsche Bank scandal, involving the son of a supreme court
Sun Sep 27, 2020, 08:47 PM
Sep 2020

supreme court member and an early retirement. Giving us Judge Kavanaugh.

Blue_playwright

(1,568 posts)
33. I'm really looking forward to this coming out...
Sun Sep 27, 2020, 08:54 PM
Sep 2020

I hope I live long enough.

Still waiting to find out who killed JFK. My dad swears it was the GOP.

Lonestarblue

(9,986 posts)
35. Trump is most likely in debt to Russia, even after all the money laundering.
Sun Sep 27, 2020, 08:58 PM
Sep 2020

That is Putin’s hold over Trump. Either Eric or Jr. confirmed that they got all the money they needed from Russia. Tracking the source of Trump’s 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)
41. I remember
Sun Sep 27, 2020, 09:37 PM
Sep 2020

hearing that Jr. said money was coming in profusely from Russia during the 2016 campaign.

Follow the money.

Enoki33

(1,587 posts)
42. Recently it was reported the CIA has been limiting the amount
Sun Sep 27, 2020, 09:44 PM
Sep 2020

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)
46. Where were investigators in 2015-17?
Sun Sep 27, 2020, 10:00 PM
Sep 2020

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"?

keithbvadu2

(36,793 posts)
52. Putting money into Trump was the best investment Putin ever made
Sun Sep 27, 2020, 10:53 PM
Sep 2020

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.

yellowdogintexas

(22,252 posts)
65. what a wonderful thing if Cruz was brought down!
Mon Sep 28, 2020, 03:15 PM
Sep 2020

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)
66. yes yes yes. I think Karma just woke up from a 4 year nap and said "Wait just a damn minute"
Mon Sep 28, 2020, 03:17 PM
Sep 2020

Seems like I have some housecleanin' to do!!

marble falls

(57,081 posts)
61. Malcom Nance is on the button. Trump's debts are a threat on several levels ...
Mon Sep 28, 2020, 12:23 PM
Sep 2020

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

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