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View Poll Results: Who will win the US election?
Trump/Pence 11 52.38%
Biden/Harris 10 47.62%
Voters: 21. You may not vote on this poll

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  #1641  
Old 26.10.2020, 12:17
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Re: Trump or Biden .Who you got?

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And the fact is, Trump has almost one billion in loans coming due very soon (due in what would be his second term, if re-elected). Why would anyone with even half a brain think that doesn't involve a conflict of interest?
Please stop spreading lies. You're one of the good guys, remember?
Even though you have no problems smearing others without cause.

NYT two weeks ago:
No, There Isn’t Evidence That Trump Owes Money to Russia

"His biggest creditor — to whom Mr. Trump owes well over $300 million — is Deutsche Bank."
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  #1642  
Old 26.10.2020, 13:06
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Re: Trump or Biden .Who you got?

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Please stop spreading lies.
You're right, it's not $1bn. It's $900m

"Whether or not Donald Trump wins the election, lenders will expect his businesses to pay back an estimated $900 million in the next four years, an alarmingly accelerated timetable that involves more than twice as much debt as the president previously indicated..."

https://www.forbes.com/sites/danalex.../#4ba422fb5f37
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  #1643  
Old 26.10.2020, 14:07
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Re: Trump or Biden .Who you got?

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You're right, it's not $1bn. It's $900m

"Whether or not Donald Trump wins the election, lenders will expect his businesses to pay back an estimated $900 million in the next four years, an alarmingly accelerated timetable that involves more than twice as much debt as the president previously indicated..."

https://www.forbes.com/sites/danalex.../#4ba422fb5f37
Google search from a Forbes link from 1 month ago says-

Quote:
In fact, Trump is a multibillionaire, worth $2.5 billion, by our count. His portfolio, which includes commercial buildings, golf properties and branding businesses, is worth an estimated $3.66 billion before debt.
So if he has assets that easily cover his debt then no big deal, oder? I am not pro or anti Trump.
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  #1644  
Old 26.10.2020, 14:11
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Re: Trump or Biden .Who you got?

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So if he has assets that easily cover his debt then no big deal, oder? I am not pro or anti Trump.
The question is not on his ability to roll-over these loans. The questions is that having to pay such huge amounts of money, as the President of the US, admittedly the most powerful position in the world, creates a potentially massive conflict of interest. Having in mind that this is Trump we're talking about, this was always going to be messy, but it will be even messier if he is President.
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  #1645  
Old 26.10.2020, 14:26
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Re: Trump or Biden .Who you got?

I have had Urs Max blocked for months but just saw something to make me realize that although I am not able to read his posts, he is able to read mine.

Urs Max... If you see this, I blocked you for a reason. It's because I find you to be extremely irrational and difficult to deal with because of it. Unfortunately, the block feature here only (normally) allows me to not see your posts, apparently, but still makes it possible for you to see mine. I will continue to try to ignore you from this point forward because, as I said, I find you to be impossible to deal with.
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  #1646  
Old 26.10.2020, 14:30
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Re: Trump or Biden .Who you got?

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So if he has assets that easily cover his debt then no big deal, oder? I am not pro or anti Trump.
Not necessarily. Trump has, in the past, declared bankruptcy numerous times to avoid paying back his loans (in fact, that's how he made his so-called 'fortune' back in the 1980s -- by taking out huge loans and then declaring bankruptcy so that he didn't have to pay them back).

Apparently, a huge chunk of his loans that will be coming due soon are to Deutsch bank (the biggest bank in Germany, so I've read) because no US banks would loan him money anymore. There is some talk about the Deutsch bank having sold those loans to Russian banks or something, but I'm not entirely sure if that has yet been confirmed (that he also owes money to Russia). He is also in debt to Chinese banks, though.

Trump Deutsche Bank Loans Underwritten By Russian State-Owned Bank, Whistleblower Told FBI
https://forensicnews.net/2020/01/03/...ower-told-fbi/

How Donald Trump became Deutsche Bank's biggest headache
https://www.theguardian.com/business...ggest-headache

Trump owes tens of millions to Bank of China
https://www.politico.com/news/2020/0...na-debt-205475
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  #1647  
Old 26.10.2020, 15:24
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Re: Trump or Biden .Who you got?

Amazing conflict of interest for sure. Do you mind if this is shared elsewhere? (just the links, or with or without your personal comments- as you wish)

Last edited by JackieH; 26.10.2020 at 16:00.
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  #1648  
Old 26.10.2020, 15:59
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Re: Trump or Biden .Who you got?

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Among the revelations in a Times analysis of fund-raising data: In wealthier ZIP codes, Biden has raised nearly triple what Trump has; in less wealthy areas, they’re almost tied.
From NYTs.
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  #1649  
Old 26.10.2020, 16:29
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Re: Trump or Biden .Who you got?

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Amazing conflict of interest for sure. Do you mind if this is shared elsewhere? (just the links, or with or without your personal comments- as you wish)
I assume your comment was directed to me (sorry if I'm wrong on that!), but if it was directed at me... please... do share away!
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  #1650  
Old 26.10.2020, 16:30
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Re: Trump or Biden .Who you got?

Yes, re the links you posted. Thanks.
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  #1651  
Old 26.10.2020, 17:05
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Re: Trump or Biden .Who you got?

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The question is not on his ability to roll-over these loans. The questions is that having to pay such huge amounts of money, as the President of the US, admittedly the most powerful position in the world, creates a potentially massive conflict of interest. Having in mind that this is Trump we're talking about, this was always going to be messy, but it will be even messier if he is President.
Article here in Forbes claiming Trump owes close to $1Billion and the value of his real estate assets are being hurt by the COVID-19 pandemic.
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  #1652  
Old 26.10.2020, 17:15
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Re: Trump or Biden .Who you got?

Contrariwise to Hillary whose lead was dropping in the polls at this date, Biden's lead is extending.

Dow index is down 700 points this morning.

Of course, it is early in the US day so both Biden's and the Dow numbers could change.
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  #1653  
Old 26.10.2020, 17:45
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Re: Trump or Biden .Who you got?

Somehow I don't think he likes women, unless ...


https://fb.watch/1mG6b5fDxl/
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  #1654  
Old 26.10.2020, 18:08
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Re: Trump or Biden .Who you got?

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Somehow I don't think he likes women, unless ...


https://fb.watch/1mG6b5fDxl/
And after the interview was over they gave her a big book labelled "healthcare plan", but no plan inside.
You really could not make this stuff up.
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  #1655  
Old 26.10.2020, 18:54
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Re: Trump or Biden .Who you got?

'A few moments later, he told his aide Hope Hicks: “I think we have enough of an interview here, Hope. OK? That’s enough. Let’s go.”
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  #1656  
Old 26.10.2020, 19:40
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Re: Trump or Biden .Who you got?

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You're right, it's not $1bn. It's $900m
Actually it isn't, Pancake claimed that Trump owes that much to Russian banks.

He's not involved in the refinancing of 555 California Street and 1290 AotA, according to Vornado's PR they have sole decision power. That alone reduces the alleged 900bln Trump will have to refinance himself by half, and frankly I can't be bothered to waste more time and check on the rest.

The debt he does have control over, however much it actually is, doesn't appear to be owed to Russian banks. Trump has no say in whether Deutsche sold the debt forward, that's Deutsche's sole decision. Subject to the contract details he may well keep owing to Deutsche rather than however much they may have had underwritten by whatever Russian entity, if any at all, bank or not.

That makes Pancake's claim a lie. If she had a spine she would have admitted such and moved on, everybody makes mistakes. Instead she's trying to move the goalpost in a laughable attempt to cover what by that attempt has turned into a lie. Yes I've seen her post where she says she can't see mine, yet she's clearly read it, otherwise she wouldn't know that what you quoted was addressed at her.

I'm saying that Trump's businesses are of no concern, or the way he's financed, quite the contrary. Nor do I defend Trump in other ways. What I do criticize and attack are lies like Pancakes'.

Clarification, seems worth adding as it's rather important:
I meant the last paragraph to start with "I'm not saying .."

Last edited by Urs Max; 27.10.2020 at 22:46. Reason: added clarification
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  #1657  
Old 26.10.2020, 19:58
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Re: Trump or Biden .Who you got?

Yes, it is very annoying that if you look at today's posts without logging in- you are faced with the posts of people you have put on ignore.


No-one has said Trump would be responsible for his massive debts to DB being sold to Russians. He has huge loans outstanding to foreign banks. and that is a serious concern re conflict of interests. Details not so important.

Last edited by JackieH; 26.10.2020 at 20:55.
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  #1658  
Old 26.10.2020, 20:54
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Re: Trump or Biden .Who you got?

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Actually it isn't, Pancake claimed that Trump owes that much to Russian banks.
I agree with you on this, but the more important fact is he owns billions to foreign banks, the collateral of these debts are assets with low liquidity and it's very unclear how much liquidity he has access to. This could and probably would, lead to a situation in which he'll be scrambling for cash and playing hardball with creditors. Obviously, his position as US President makes this much more likely and thus, the conflict of interest.
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  #1659  
Old 26.10.2020, 21:25
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Re: Trump or Biden .Who you got?

Like his policies or not - but boy is it refreshing to see Obama campaigning.
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  #1660  
Old 26.10.2020, 21:42
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Re: Trump or Biden .Who you got?

I have Urs Max blocked, but I see that someone has quoted him here, where he (Urs Max) mentioned me and wrongly accused me of saying that Trump owes Russia money.

What I did say is quoted below. 1) I asked why someone is assuming that claims about his links to Russia are false when even his own lawyer has plead guilty for having denied his ties to Russia, and 2) See what I have highlighted in red below, where I specifically stated that "There is some talk about the Deutsch bank having sold those loans to Russian banks or something, but I'm not entirely sure if that has yet been confirmed (that he also owes money to Russia)."

However, Urs Max has clearly chosen to misinterpret me and then claim that I said something, which I never did. I am beginning to notice repeated patterns of people doing that here lately -- completely misinterpreting someone and then that leads to an ongoing debate and further confusions. It's extremely annoying and frustrating. I have Urs Max blocked for a reason, because I find him to be irrational and impossible to deal with because of it (as yet once again demonstrated), so it's quite unfortunate that even though I have blocked him, he is still clearly capable of completely misinterpreting me and "putting words in my mouth," as the saying goes. Again, it's annoying and frustrating.



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Why do you assume that claims about Donald Trump's links to Russia are false?

Even Trump's own lawyer, Michael Cohen, had pleaded guilty for lying to the Senate when he denied Trump's ties to Russia.
https://www.politico.com/story/2018/...w-york-1026107

And the fact is, Trump has almost one billion in loans coming due very soon (due in what would be his second term, if re-elected). Why would anyone with even half a brain think that doesn't involve a conflict of interest?

Trump Will Have $900 Million Of Loans Coming Due In His Second Term If He’s Reelected
https://www.forbes.com/sites/danalex.../#a996b55f376a
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Not necessarily. Trump has, in the past, declared bankruptcy numerous times to avoid paying back his loans (in fact, that's how he made his so-called 'fortune' back in the 1980s -- by taking out huge loans and then declaring bankruptcy so that he didn't have to pay them back).

Apparently, a huge chunk of his loans that will be coming due soon are to Deutsch bank (the biggest bank in Germany, so I've read) because no US banks would loan him money anymore. There is some talk about the Deutsch bank having sold those loans to Russian banks or something, but I'm not entirely sure if that has yet been confirmed (that he also owes money to Russia). He is also in debt to Chinese banks, though.

Trump Deutsche Bank Loans Underwritten By Russian State-Owned Bank, Whistleblower Told FBI
https://forensicnews.net/2020/01/03/...ower-told-fbi/

How Donald Trump became Deutsche Bank's biggest headache
https://www.theguardian.com/business...ggest-headache

Trump owes tens of millions to Bank of China
https://www.politico.com/news/2020/0...na-debt-205475
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