all you have had to do to be a millionaire is save $1200 per year into the stock market for 45 years. That's $100 per month. How many Americans have managed even that easy bit of savings? Few. Investing is very very hard for human beings. We just can't look down the road that far.
I had read previously that Trump received about $300 or $400 million from his dad. Now, I see that he received about $413 million in 2018 dollars. The NY Times said he received $62 million from his dad many years ago so that kind of falls in line with the $413 million in 2018 dollars. I had previously calculated that the $413 million invested at the time in the S & P at historic returns (about 11% with dividends reinvested) would be worth about $12 billion today. So his wealth today is about 1/4 versus what he would have had in the market. Now that I see he only received about $62 million his net worth today fares favorably against what his return would have been in the market.
If anyone wants to see what he owns worldwide, take a lookie here:
Ha! Look at www.trump.com to see what he "owns"? Hilarious!
Trump doesn't "own" most of that...all either just his name on it that he gets licensing money from, or he's leveraged to the teeth on it.
He has $412 million in loans due in the next 3.5 years that experts say he can't pay back.
Could he liquidate all of what he actually owns and pay that money back? Probably. There is real doubt as to whether he's a billionaire at all let alone having $3 billion dollars, and in any event, he should have much more than he has if he had just invested Daddy's money rather than poorly run the real estate business and then launched a ton of failed ones.
All of this is ancillary to the fact though that he's a CRIMINAL. He needs to be indicted, convicted and put behind bars.
So then you have no problem with Russian hackers getting Hillary’s emails to bring to light her indiscretions? Evidently you and agip have no qualms about outside influence over an election.
No, we have laws that say "contributions" from other countries to campaigns are illegal; we seem *not* to have laws that say contributions from other states are illegal. See how that works? How there's a difference between donations from Americans and donations from foreign nationals?
Again: If someone breaks the laws, s/he should face the consequences. But if you just don't like the laws, that doesn't mean that breaking them is okay.
Or at least it shouldn't mean that--if you're really a "Law & Order!" person.
all you have had to do to be a millionaire is save $1200 per year into the stock market for 45 years. That's $100 per month. How many Americans have managed even that easy bit of savings? Few. Investing is very very hard for human beings. We just can't look down the road that far.
Let's not forget that Trump also self-reports his net worth, and that goes a long way into how Forbes and others actually assign a net worth to him.
How does Trump come up with his net worth? His feelings...his emotional state. He said this. Don't challenge me on this Trumpers, or I will find the video!
Do you really think that Forbes relies on self-reporting by Trump of his net worth? His feelings, his emotional state? What a ridiculous thing to say. All the 400 billionaires self-report their net worth as well? Ridiculous.
There are public records of almost anything. Trump Tower as an example. It is worth about $470 million with about $100 million in debt. So a net worth of $370 million. Just one example.
So then you have no problem with Russian hackers getting Hillary’s emails to bring to light her indiscretions? Evidently you and agip have no qualms about outside influence over an election.
No, we have laws that say "contributions" from other countries to campaigns are illegal; we seem *not* to have laws that say contributions from other states are illegal. See how that works? How there's a difference between donations from Americans and donations from foreign nationals?
Again: If someone breaks the laws, s/he should face the consequences. But if you just don't like the laws, that doesn't mean that breaking them is okay.
Or at least it shouldn't mean that--if you're really a "Law & Order!" person.
Just a historical reminder, by the way, that in 2016-17 Donald Trump committed election-finance felonies for which his co-conspirator, Michael Cohen, went to prison.
I had read previously that Trump received about $300 or $400 million from his dad. Now, I see that he received about $413 million in 2018 dollars. The NY Times said he received $62 million from his dad many years ago so that kind of falls in line with the $413 million in 2018 dollars. I had previously calculated that the $413 million invested at the time in the S & P at historic returns (about 11% with dividends reinvested) would be worth about $12 billion today. So his wealth today is about 1/4 versus what he would have had in the market. Now that I see he only received about $62 million his net worth today fares favorably against what his return would have been in the market.
If anyone wants to see what he owns worldwide, take a lookie here:
Ha! Look at www.trump.com to see what he "owns"? Hilarious!
Trump doesn't "own" most of that...all either just his name on it that he gets licensing money from, or he's leveraged to the teeth on it.
He has $412 million in loans due in the next 3.5 years that experts say he can't pay back.
Could he liquidate all of what he actually owns and pay that money back? Probably. There is real doubt as to whether he's a billionaire at all let alone having $3 billion dollars, and in any event, he should have much more than he has if he had just invested Daddy's money rather than poorly run the real estate business and then launched a ton of failed ones.
All of this is ancillary to the fact though that he's a CRIMINAL. He needs to be indicted, convicted and put behind bars.
You have a weird attachment to unearned wealth.
The only people that doubt he's a billionaire do so because they don't like his politics.
These are called stupid people.
While someone as dumb as yourself looks up to these morons, those of that breathe with our mouths closed just dismiss them. Because they're idiots.
I had read previously that Trump received about $300 or $400 million from his dad. Now, I see that he received about $413 million in 2018 dollars. The NY Times said he received $62 million from his dad many years ago so that kind of falls in line with the $413 million in 2018 dollars. I had previously calculated that the $413 million invested at the time in the S & P at historic returns (about 11% with dividends reinvested) would be worth about $12 billion today. So his wealth today is about 1/4 versus what he would have had in the market. Now that I see he only received about $62 million his net worth today fares favorably against what his return would have been in the market.
If anyone wants to see what he owns worldwide, take a lookie here:
Ha! Look at www.trump.com to see what he "owns"? Hilarious!
Trump doesn't "own" most of that...all either just his name on it that he gets licensing money from, or he's leveraged to the teeth on it.
He has $412 million in loans due in the next 3.5 years that experts say he can't pay back.
Could he liquidate all of what he actually owns and pay that money back? Probably. There is real doubt as to whether he's a billionaire at all let alone having $3 billion dollars, and in any event, he should have much more than he has if he had just invested Daddy's money rather than poorly run the real estate business and then launched a ton of failed ones.
All of this is ancillary to the fact though that he's a CRIMINAL. He needs to be indicted, convicted and put behind bars.
You have a weird attachment to unearned wealth.
Please post Trump-related stuff on the Trump thread. This thread is exclusively for Biden stuff.
Just a historical reminder, by the way, that in 2016-17 Donald Trump committed election-finance felonies for which his co-conspirator, Michael Cohen, went to prison.
So did Hillary. She's still running around because people like you can't help being completely corrupt.
So all those NY attorneys general have a soft spot for Donald?
it's a mystery yeah. No doubt his large donations did a lot of good protecting him. NY is a corrupt state.
but the new NY AG is trying to fix all this. Stay tuned.
But trump clearly stole many many millions of dollars from us by cheating on inheritance taxes. that is not in doubt. Just outright scams.
It's embarrassing that you can feign outrage about Trump "stealing" while you support Hillary Clinton and Joe Biden who's stolen BILLIONS over the decades.
H. A. Goodman is an author, columnist and journalist who studied International Relations at USC and worked for a brief stint at the U.S. Department of State's Foreign Service Institute. He's been published in Salon.com, The H...
Money, as you are certainly aware, is not the only possible kind of contribution. That is precisely why I put "contributions" in quotation marks, so that people would not assume money was the only thing that could be donated. Contributions-in-kind are a thing.
Money, as you are certainly aware, is not the only possible kind of contribution. That is precisely why I put "contributions" in quotation marks, so that people would not assume money was the only thing that could be donated. Contributions-in-kind are a thing.
The FBI paid Russians to tamper in the 2016 election...
The Clinton campaign paid Russians to tamper in the 2016 election...
What do Karine Jean-Pierre, Joe Biden and Kamala Harris all have in common? They are all bumbling idiots.
Kamala actually said this:
"We invested an additional $12 billion into community banks, because we know community banks are in the community, and understand the needs and desires of that community as well as the talent and capacity of community."
Kamala Harris was mocked by a variety of Twitter users in the latest example of the vice president giving an incoherent speech many on the internet found humorous.
Ha! Look at www.trump.com to see what he "owns"? Hilarious!
Trump doesn't "own" most of that...all either just his name on it that he gets licensing money from, or he's leveraged to the teeth on it.
He has $412 million in loans due in the next 3.5 years that experts say he can't pay back.
Could he liquidate all of what he actually owns and pay that money back? Probably. There is real doubt as to whether he's a billionaire at all let alone having $3 billion dollars, and in any event, he should have much more than he has if he had just invested Daddy's money rather than poorly run the real estate business and then launched a ton of failed ones.
All of this is ancillary to the fact though that he's a CRIMINAL. He needs to be indicted, convicted and put behind bars.
You have a weird attachment to unearned wealth.
Please post Trump-related stuff on the Trump thread. This thread is exclusively for Biden stuff.
Money, as you are certainly aware, is not the only possible kind of contribution. That is precisely why I put "contributions" in quotation marks, so that people would not assume money was the only thing that could be donated. Contributions-in-kind are a thing.
and remember that the Russians give money and support to all kinds of organizations that hurt America and support 'conservatives.' Russia and the GOP hold hands. that's how the GOP rolls. Butcher Putin and 'law and order' conservatives.
The National Rifle Association acted as a "foreign asset" for Russia in the period leading up to the 2016 election, according to a new investigation unveiled Friday by Sen. Ron Wyden, D-Ore. Drawing on contemporaneous emails and private interviews, an 18-month probe by the Senate Finance Committee's Democratic staff found that the NRA underwrote political access for Russian nationals Maria Butina and Alexander Torshin more than previously known — even though the two had declared their ties to the Kremlin.
The report, available here, also describes how closely the gun rights group was involved with organizing a 2015 visit by some of its leaders to Moscow.
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