Deleted
Posts: 0
Mar 28, 2024 19:56:54 GMT
|
Post by Deleted on Sept 29, 2020 14:20:08 GMT
CBS News.. linkSeven take away from the trump financial information released by the NY Times From the article 7. Trump's debt load is coming due Mr. Trump seems sure to face heavy financial pressures from the enormous pile of debt he has absorbed. The Times said the president appears to be responsible for $421 million in loans, most of which will come due within four years. On top of that, a $100 million mortgage on Trump Tower in New York will come due in 2022.”It is not clear who holds the debt or how he will pay it when it comes due. So if, gasp, he is re-elected could this become a potential security risk for the United States? Since trump spent a lot of time and money hiding this information and he still does not appear willing to come clean about his financial information makes me believe there still a reason he wants to keep hidden so yes, I think this is a security risk for the a United States.
|
|
|
Post by monklady123 on Sept 29, 2020 14:23:36 GMT
Technically I'm not sure he could pass a high-level security clearance because they look for debt. By "high level" I mean anyone higher up in say the State Department... a diplomat or bureau chief. I'm not even talking about Pentagon types who probably have a higher clearance than my dh at State. But anyway... they look for debt when they do that background check because when they're overseas it's considered one thing that might cause them to be compromised.
|
|
|
Post by busy on Sept 29, 2020 14:24:13 GMT
If he's re-elected, he's going to refinance all of those loans, probably with the same banks that hold them now. No bank is going to want to decline the POTUS.
|
|
|
Post by withapea on Sept 29, 2020 14:24:44 GMT
It’s already a national security risk. In addition the fact that so many in his administration couldn’t get security clearances on merit should bother everyone.
|
|
peabay
Prolific Pea
Posts: 9,530
Jun 25, 2014 19:50:41 GMT
|
Post by peabay on Sept 29, 2020 14:28:27 GMT
I'll take "Deutsche Bank and the Russians" for 100, Alex.
|
|
schizo319
Pearl Clutcher
Posts: 3,030
Jun 28, 2014 0:26:58 GMT
|
Post by schizo319 on Sept 29, 2020 15:00:23 GMT
No more so than any of the other crap that makes him a national security threat (nepotism, business dealings with Russian mobsters, his affairs, etc. etc. etc.). I have no idea how he got a security clearance in the first place (assuming he does in fact have one).
The unfortunate thing is that NONE of it matters - the Republicans in government have collectively decided that national security is completely irrelevant as long as they get what they want politically.
|
|
twinsmomfla99
Pearl Clutcher
Posts: 3,949
Jun 26, 2014 13:42:47 GMT
|
Post by twinsmomfla99 on Sept 29, 2020 15:13:10 GMT
It's an economic threat as well. Sometimes, the Fed needs to raise interest rates to support the economy. If some of his loan obligations are tied to the Fed rate, he will probably fight a rate increase.
I read in one of the 5000 articles published in the last few days that he owns a relatively small amount of stocks, so he maybe far less interested in the stock market after the election than interest rates. He cares about it right now because the stock market is his best shot at reelection. After November 3, that motivation goes away, and if he stands to lose less in a market downturn than he would through higher interest rates, he may choose a drop in the market.
|
|
|
Post by papercrafteradvocate on Sept 29, 2020 15:13:58 GMT
Of course he will be a security risk—-he already is!
We do not know who he owes, and what he’s doing foreign or corporate business wise that keeps them at bay from collecting!
He may be making policy that helps whatever government or entity holds his markets.
He is corrupt.
EVERYTHING he’s ever gone us quid pro quo, he says it himself. (Cut off FEMA for California wildfires—they didn’t vote/support me).
Everything he g day ones is so that HE can get ahead, and advance business dealings.
He does not give a shit about anything else.
|
|
|
Post by Darcy Collins on Sept 29, 2020 15:27:22 GMT
|
|
|
Post by lisae on Sept 29, 2020 15:30:10 GMT
Being an idiot who doesn't read and who makes the ultimate decisions is a security risk already.
|
|
inkedup
Pearl Clutcher
Posts: 4,837
Jun 26, 2014 5:00:26 GMT
|
Post by inkedup on Sept 29, 2020 15:32:25 GMT
Do you feel a president with at least $400 million in debt presents a security threat or not? Could anyone else obtain security clearance with these liabilities?
|
|
|
Post by Really Red on Sept 29, 2020 15:43:46 GMT
I just can't think about all of this. It is INSANE. I keep saying this, but if this were a Democrat...
|
|
|
Post by Darcy Collins on Sept 29, 2020 15:45:07 GMT
Do you feel a president with at least $400 million in debt presents a security threat or not? Could anyone else obtain security clearance with these liabilities? Any president? No. It completely depends on the debt and the assets. A $3 billion asset portfolio and $400 million in mortgages is not inherently a security risk. THIS president - is a whole other question. And security clearance would have been difficult based on his previous bankruptcies as history of not meeting your financial obligations is a criteria.
|
|
|
Post by sleepingbooty on Sept 29, 2020 15:46:28 GMT
I'll take " Deutsche Bank and the Russians" for 100, Alex. Such a straightforward but good spy movie title. I want to watch it. Now! (but not the Trump version)
|
|
casii
Drama Llama
Posts: 5,449
Jun 29, 2014 14:40:44 GMT
|
Post by casii on Sept 29, 2020 15:52:26 GMT
I wouldn't doubt it's already posed a grave security risk in ways we don't yet know and may never know.
|
|
|
Post by crimsoncat05 on Sept 29, 2020 15:58:21 GMT
I wouldn't doubt it's already posed a grave security risk in ways we don't yet know and may never know. does it really matter, though? it doesn't matter to his ardent supporters. It doesn't seem to matter to Congress, because they're just using him as the puppet to push their agenda forward. (I mean, really- he's not a Republican, he's just playing one right now in this reality shitshow.) It didn't disqualify him from being able to hold the office or to run for election or re-election... shouldn't there be some sort of rules put into place so this type of thing doesn't happen for future Presidential candidates? A lot of the things we've never seen before are apparently because there was a 'code of honor' so to speak for the type of person who runs for this office. There were never 'rules' because we've never had a person so unethical RUN before. This candidate / President trampled so many of the 'norms' of the office... they need to enact legislation to avoid a 'Trump' happening again.
|
|
Deleted
Posts: 0
Mar 28, 2024 19:56:54 GMT
|
Post by Deleted on Sept 29, 2020 16:20:35 GMT
"could become"? How is it not already?
|
|
|
Post by flanz on Sept 29, 2020 16:27:10 GMT
It’s already a national security risk. In addition the fact that so many in his administration couldn’t get security clearances on merit should bother everyone. THIS!
|
|
Deleted
Posts: 0
Mar 28, 2024 19:56:54 GMT
|
Post by Deleted on Sept 29, 2020 16:39:01 GMT
I wouldn't doubt it's already posed a grave security risk in ways we don't yet know and may never know. does it really matter, though? it doesn't matter to his ardent supporters. It doesn't seem to matter to Congress, because they're just using him as the puppet to push their agenda forward. (I mean, really- he's not a Republican, he's just playing one right now in this reality shitshow.) It didn't disqualify him from being able to hold the office or to run for election or re-election... shouldn't there be some sort of rules put into place so this type of thing doesn't happen for future Presidential candidates? A lot of the things we've never seen before are apparently because there was a 'code of honor' so to speak for the type of person who runs for this office. There were never 'rules' because we've never had a person so unethical RUN before. This candidate / President trampled so many of the 'norms' of the office... they need to enact legislation to avoid a 'Trump' happening again. At the time I wondered about Trump’s “surprise” meeting with the Repuglican leadership in March 2016. 17 Republicans started the primary season, between March and May 2016 all but three candidates dropped out. Yes, candidates drop out for poor performance but why so many just after the “surprise” meeting? I just wonder? Then there was the “come to Jesus” meeting by the RNC in August (Trump did not attend but top campaign official did) to discuss the nominee’s struggling campaign and his penchant for self-sabotaging rhetoric, among other things. I feel like something came out at that meeting that made every Republican begin to ignore the candidate’s immoral behaviors. Moving forward with the Republican platform at all costs is probably where that became the party mantra, I believe. One day I say to myself “you’re being paranoid,” next day it’s “I wonder.”
|
|
SweetieBsMom
Pearl Clutcher
Posts: 4,577
Jun 25, 2014 19:55:12 GMT
|
Post by SweetieBsMom on Sept 29, 2020 16:43:52 GMT
He's a walking national security threat on so many levels it's frightening.
|
|
inkedup
Pearl Clutcher
Posts: 4,837
Jun 26, 2014 5:00:26 GMT
|
Post by inkedup on Sept 29, 2020 16:45:09 GMT
Do you feel a president with at least $400 million in debt presents a security threat or not? Could anyone else obtain security clearance with these liabilities? Any president? No. It completely depends on the debt and the assets. A $3 billion asset portfolio and $400 million in mortgages is not inherently a security risk. THIS president - is a whole other question. And security clearance would have been difficult based on his previous bankruptcies as history of not meeting your financial obligations is a criteria. So your answer is "not really". You still have questions as to whether or not Trump is a security risk. Okay.
|
|
scorpeao
Pearl Clutcher
Posts: 4,521
Location: NorCal USA
Jun 25, 2014 21:04:54 GMT
|
Post by scorpeao on Sept 29, 2020 16:49:09 GMT
does it really matter, though? it doesn't matter to his ardent supporters. It doesn't seem to matter to Congress, because they're just using him as the puppet to push their agenda forward. (I mean, really- he's not a Republican, he's just playing one right now in this reality shitshow.) It didn't disqualify him from being able to hold the office or to run for election or re-election... shouldn't there be some sort of rules put into place so this type of thing doesn't happen for future Presidential candidates? A lot of the things we've never seen before are apparently because there was a 'code of honor' so to speak for the type of person who runs for this office. There were never 'rules' because we've never had a person so unethical RUN before. This candidate / President trampled so many of the 'norms' of the office... they need to enact legislation to avoid a 'Trump' happening again. At the time I wondered about Trump’s “surprise” meeting with the Repuglican leadership in March 2016. 17 Republicans started the primary season, between March and May 2016 all but three candidates dropped out. Yes, candidates drop out for poor performance but why so many just after the “surprise” meeting? I just wonder? Then there was the “come to Jesus” meeting by the RNC in August (Trump did not attend but top campaign official did) to discuss the nominee’s struggling campaign and his penchant for self-sabotaging rhetoric, among other things. I feel like something came out at that meeting that made every Republican begin to ignore the candidate’s immoral behaviors. Moving forward with the Republican platform at all costs is probably where that became the party mantra, I believe. One day I say to myself “you’re being paranoid,” next day it’s “I wonder.” Read the book Democracy in Chains. The people running the GOP are not Republicans. They are the radical right disguising themselves as republicans. The Koch brothers are behind all of this.
|
|
|
Post by Darcy Collins on Sept 29, 2020 17:08:19 GMT
Any president? No. It completely depends on the debt and the assets. A $3 billion asset portfolio and $400 million in mortgages is not inherently a security risk. THIS president - is a whole other question. And security clearance would have been difficult based on his previous bankruptcies as history of not meeting your financial obligations is a criteria. So your answer is "not really". You still have questions as to whether or not Trump is a security risk. Okay. No - I think Trump is a security risk as he appears utterly incapable of the job as commander in chief. I think his history of over leveraging properties and declaring bankruptcy is also of grave concern. His history of dealing with unsavory characters and paying hush money also makes him a security risk. I don't think the $400 million is inherently a security risk and his asset portfolio would probably support it without relying on Russia or some other foreign money - BUT I have no faith that this actual man is more interested in a upfront deal than a shady one. So using a historic example - I'm sure Perot had debt - we actually know he did as his financial disclosures listed 24 creditors (the buckets were too broad and no one bothered to try and estimate the total back then) I don't think that even if his debt was $400 million with a similar net worth (Perot was also estimated to have about $3 billion) - I would see him as a security threat.
|
|
inkedup
Pearl Clutcher
Posts: 4,837
Jun 26, 2014 5:00:26 GMT
|
Post by inkedup on Sept 29, 2020 18:14:51 GMT
So your answer is "not really". You still have questions as to whether or not Trump is a security risk. Okay. No - I think Trump is a security risk as he appears utterly incapable of the job as commander in chief. I think his history of over leveraging properties and declaring bankruptcy is also of grave concern. His history of dealing with unsavory characters and paying hush money also makes him a security risk. I don't think the $400 million is inherently a security risk and his asset portfolio would probably support it without relying on Russia or some other foreign money - BUT I have no faith that this actual man is more interested in a upfront deal than a shady one. So using a historic example - I'm sure Perot had debt - we actually know he did as his financial disclosures listed 24 creditors (the buckets were too broad and no one bothered to try and estimate the total back then) I don't think that even if his debt was $400 million with a similar net worth (Perot was also estimated to have about $3 billion) - I would see him as a security threat. Thanks for your thoughtful reply ❤ I agree with you on every point.
|
|
|
Post by busy on Sept 29, 2020 18:26:55 GMT
Would Trump be able to get a security clearance? No. But I believe that a president doesn’t go through that process. It’s not a Constitutional requirement for holding the office as far as I know. I know there are vetting processes by parties before nominations but still... not the same. To be clear, I totally think Trump is a security risk, primarily because he’s a selfish, amoral, stupid person. And nothing here changes my mind on that
|
|
peabay
Prolific Pea
Posts: 9,530
Jun 25, 2014 19:50:41 GMT
|
Post by peabay on Sept 29, 2020 18:36:25 GMT
I'll take " Deutsche Bank and the Russians" for 100, Alex. Such a straightforward but good spy movie title. I want to watch it. Now! (but not the Trump version) It should be a band name.
|
|
Deleted
Posts: 0
Mar 28, 2024 19:56:54 GMT
|
Post by Deleted on Sept 29, 2020 19:08:14 GMT
Do you feel a president with at least $400 million in debt presents a security threat or not? Could anyone else obtain security clearance with these liabilities? Wasn't Jared just in a similar situation with his 666 Fifth Avenue property?? At the last minute he got bailed out. www.justsecurity.org/69094/timeline-on-jared-kushner-qatar-666-fifth-avenue-and-white-house-policy/Sidenote: Jared had a hard time getting a low-level security clearance because of his foreign interests and business dealings, but Trump did a magical override on it and handed it to him anyway.
|
|
|
Post by Darcy Collins on Sept 29, 2020 19:22:11 GMT
Do you feel a president with at least $400 million in debt presents a security threat or not? Could anyone else obtain security clearance with these liabilities? Wasn't Jared just in a similar situation with his 666 Fifth Avenue property?? At the last minute he got bailed out. www.justsecurity.org/69094/timeline-on-jared-kushner-qatar-666-fifth-avenue-and-white-house-policy/Sidenote: Jared had a hard time getting a low-level security clearance because of his foreign interests and business dealings, but Trump did a magical override on it and handed it to him anyway. I wouldn't call 2007 just. That would be an example of what happens to an over levered property when the real estate market crashes.
|
|
Deleted
Posts: 0
Mar 28, 2024 19:56:54 GMT
|
Post by Deleted on Sept 29, 2020 19:34:30 GMT
A thread that is rather interesting. It’s long and most I don’t understand. But toward the end there is one tweet I do understand.
|
|
|
Post by Darcy Collins on Sept 29, 2020 20:28:32 GMT
A thread that is rather interesting. It’s long and most I don’t understand. But toward the end there is one tweet I do understand. Man alive that random twitter analysis actually makes me wish for blogs. I can't figure out what the hell he's trying to say other than Trumps laundering money through a Scottish golf course. A golf course that incidentally has to publish their audited financials to the public. I'm not saying it's impossible - but it as absolutely the last place I'd expect someone to launder money - especially as the vast majority of his entities have no financial disclosures whatsoever. If there's a coherent analysis, I'm happy to look at it, but that twitter rambling is a trainwreck.
|
|