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[email protected] gfretwell@aol.com is offline
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Default Will Hillary Clinton even make it till November?

On Wed, 24 Aug 2016 06:34:58 -0700 (PDT), trader_4
wrote:

Trump isn't broke.

--
Maggie


How do we know? He won't release his taxes? We don't even know how
much money he makes. It's possible it's all a Ponzi scheme. Bernie
Madoff, a month before his collapse, everyone thought he was a rich,
standup guy too. He got away with it for 25 years, if he can do that,
surely Trump could have a net worth of zero. Trump has even bragged
about having a negative net worth of $1 bil at points in his life,
so why isn't it possible now?


Trump does have some wealth, simply because of his brick and mortar
holdings and the revenue they generate. I suspect his reluctance to
release his taxes is simply because he is not really paying any on
that income. It is pretty easy to expense away income in the real
estate business. Things like that 757 he flies around on are 100%
deductible. (just like the Hummer you see builder's wives hopping out
of at the supermarket)
The questionable part of Trump's wealth claims so the value of his
"brand" and we do not know how this political adventure will affect
that. You might see Carl Ichan spending the money to remove "Trump"
from the casino we own and that is something they have not done up
until now. It is not a cheap process. (everything in that place from
the linens to the chips says Trump)