The Smoking Gun: Trump, The Least Charitable Billionaire

Discussion in 'General Discussion' started by hushpuppy, Apr 12, 2011.

  1. Disambiguation Global Moderator

    • Like Like x 2
  2. Disambiguation Global Moderator

  3. Disambiguation Global Moderator

  4. Why don't you clean up the mess instead or are you too much of a lazy cunt to do your job as moderator?
  5. Disambiguation Global Moderator

    You have no friends
    • Like Like x 2
  6. Best commetary ever on Kavanaugh from Texas BABY !

    • Like Like x 1
  7. The Wrong Guy Member

    Kavanaugh classmate: He has not told the truth | CNN

    "Charles Ludington, a former Yale classmate of Supreme Court nominee Brett Kavanaugh, says that Kavanaugh was not being truthful when recounting his relationship with alcohol during his college years to the Senate Judiciary Committee."

    Brett Kavanaugh's drinking at Yale comes into renewed focus | CNN

    Police questioned Kavanaugh after bar fight in 1985 | CNN

    Who the F.B.I. Has Interviewed in the Kavanaugh Investigation, and Who It May Question Next | The New York Times
    • Like Like x 2
  8. The Wrong Guy Member

    Trump Directed Legal Action to Enforce Stormy Daniels’s Hush Agreement

    President in February instructed Michael Cohen to seek restraining order against adult-film actress, people familiar with the effort say

    By Joe Palazzolo and Michael Rothfeld, The Wall Street Journal


    President Trump personally directed an effort in February to stop Stormy Daniels from publicly describing an alleged sexual encounter with Mr. Trump, people familiar with the events say.

    In a phone call, Mr. Trump instructed his then-lawyer Michael Cohen to seek a restraining order against the former adult-film actress, whose real name is Stephanie Clifford, through a confidential arbitration proceeding, one of the people said. Messrs. Trump and Cohen had learned shortly before that Ms. Clifford was considering giving a media interview about her alleged relationship with Mr. Trump, despite having signed an October 2016 nondisclosure agreement.

    Mr. Trump told Mr. Cohen to coordinate the legal response with Eric Trump, one of the president’s sons, and another outside lawyer who had represented Mr. Trump and the Trump Organization in other matters, the people said. Eric Trump, who is running the company with his brother in Mr. Trump’s absence, then tasked a Trump Organization staff attorney in California with signing off on the arbitration paperwork, these people said.

    Direct involvement of the president and his son in the effort to silence Ms. Clifford hasn’t previously been reported. The accounts of that effort recently provided to The Wall Street Journal suggest that the president’s ties to his company continued into this year and contradict public statements made at the time by the Trump Organization, the White House and Mr. Cohen.

    The White House referred a request for comment to the president’s outside counsel. Jay Sekulow, a lawyer for Mr. Trump, declined to comment. A person close to the situation said Eric Trump had acted as the president’s son and not in his role as a company executive. The Trump Organization declined to comment. Lanny Davis, a lawyer for Mr. Cohen, declined to comment.

    In March, the Trump Organization denied any role in the arbitration, saying its lawyer assisted in her “individual capacity.” At the same time, the White House issued blanket denials when asked about a hush payment to Ms. Clifford and directed questions to Mr. Cohen, who had called the deal a private transaction between himself and the former adult-film star. Mr. Trump has denied any sexual encounter with Ms. Clifford.

    Continued at
    • Like Like x 2
  9. The power of our collective voices, standing in solidarity. Friday! people. Bourbon.

    'Kelly Ann Con job'

    -Bleu dot-

  10. The Wrong Guy Member

    Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father | The New York Times

    The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.


    President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found.

    Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. Trump, provided almost no financial help.

    But The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day.

    Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Records indicate that Mr. Trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings.

    These maneuvers met with little resistance from the Internal Revenue Service, The Times found. The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances.

    The Trumps paid a total of $52.2 million, or about 5 percent, tax records show.

    The president declined repeated requests over several weeks to comment for this article. But a lawyer for Mr. Trump, Charles J. Harder, provided a written statement on Monday, one day after The Times sent a detailed description of its findings. “The New York Times’s allegations of fraud and tax evasion are 100 percent false, and highly defamatory,” Mr. Harder said. “There was no fraud or tax evasion by anyone. The facts upon which The Times bases its false allegations are extremely inaccurate.”

    Mr. Harder sought to distance Mr. Trump from the tax strategies used by his family, saying the president had delegated those tasks to relatives and tax professionals. “President Trump had virtually no involvement whatsoever with these matters,” he said. “The affairs were handled by other Trump family members who were not experts themselves and therefore relied entirely upon the aforementioned licensed professionals to ensure full compliance with the law.”

    [Read the full statement]

    The president’s brother, Robert Trump, issued a statement on behalf of the Trump family:

    “Our dear father, Fred C. Trump, passed away in June 1999. Our beloved mother, Mary Anne Trump, passed away in August 2000. All appropriate gift and estate tax returns were filed, and the required taxes were paid. Our father’s estate was closed in 2001 by both the Internal Revenue Service and the New York State tax authorities, and our mother’s estate was closed in 2004. Our family has no other comment on these matters that happened some 20 years ago, and would appreciate your respecting the privacy of our deceased parents, may God rest their souls.”

    The Times’s findings raise new questions about Mr. Trump’s refusal to release his income tax returns, breaking with decades of practice by past presidents. According to tax experts, it is unlikely that Mr. Trump would be vulnerable to criminal prosecution for helping his parents evade taxes, because the acts happened too long ago and are past the statute of limitations. There is no time limit, however, on civil fines for tax fraud.

    The findings are based on interviews with Fred Trump’s former employees and advisers and more than 100,000 pages of documents describing the inner workings and immense profitability of his empire. They include documents culled from public sources — mortgages and deeds, probate records, financial disclosure reports, regulatory records and civil court files.

    The investigation also draws on tens of thousands of pages of confidential records — bank statements, financial audits, accounting ledgers, cash disbursement reports, invoices and canceled checks. Most notably, the documents include more than 200 tax returns from Fred Trump, his companies and various Trump partnerships and trusts. While the records do not include the president’s personal tax returns and reveal little about his recent business dealings at home and abroad, dozens of corporate, partnership and trust tax returns offer the first public accounting of the income he received for decades from various family enterprises.

    [11 takeaways from The Times’s investigation]

    What emerges from this body of evidence is a financial biography of the 45th president fundamentally at odds with the story Mr. Trump has sold in his books, his TV shows and his political life. In Mr. Trump’s version of how he got rich, he was the master dealmaker who broke free of his father’s “tiny” outer-borough operation and parlayed a single $1 million loan from his father (“I had to pay him back with interest!”) into a $10 billion empire that would slap the Trump name on hotels, high-rises, casinos, airlines and golf courses the world over. In Mr. Trump’s version, it was always his guts and gumption that overcame setbacks. Fred Trump was simply a cheerleader.

    “I built what I built myself,” Mr. Trump has said, a narrative that was long amplified by often-credulous coverage from news organizations, including The Times.

    Certainly a handful of journalists and biographers, notably Wayne Barrett, Gwenda Blair, David Cay Johnston and Timothy L. O’Brien, have challenged this story, especially the claim of being worth $10 billion. They described how Mr. Trump piggybacked off his father’s banking connections to gain a foothold in Manhattan real estate. They poked holes in his go-to talking point about the $1 million loan, citing evidence that he actually got $14 million. They told how Fred Trump once helped his son make a bond payment on an Atlantic City casino by buying $3.5 million in casino chips.

    But The Times’s investigation of the Trump family’s finances is unprecedented in scope and precision, offering the first comprehensive look at the inherited fortune and tax dodges that guaranteed Donald J. Trump a gilded life. The reporting makes clear that in every era of Mr. Trump’s life, his finances were deeply intertwined with, and dependent on, his father’s wealth.

    Continued at

    How Fred Trump’s Children Became His Bankers | NYT News

    "In the 1980s, Fred Trump made an important structural change to his empire that produced a large new source of revenue for Donald Trump and his siblings; using family mortgages, Fred Trump made his children his bankers."

    How The Trumps Held On to Generational Wealth | NYT News

    "By Nov. 22, 1997, Donald Trump and his siblings owned nearly all of Fred Trump’s empire free and clear of estate taxes. How did they do it? A special type of trust with a clunky acronym: GRAT, short for grantor-retained annuity trust. GRATs are one of the tax code’s great gifts to the ultrawealthy. They let dynastic families like the Trumps pass wealth from one generation to the next — be it stocks, real estate, even art collections — without paying a dime of estate taxes."

    How Donald Trump’s Dad Made Him a Landlord at 3 | NYT News

    "By the age of 3, Donald Trump was a landlord, earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. Here’s how Fred Trump’s maneuver created a steady stream of income for Donald Trump and his siblings."

    How Fred Trump Built Donald Trump’s Financial Empire | NYT News

    "In Donald Trump’s version of how he got rich, he was the master dealmaker who parlayed a $1 million loan from his father into a $10 billion empire. But our investigation shows that in every era of Mr. Trump’s life, his finances were deeply intertwined with, and dependent upon, his father’s wealth, receiving the equivalent of over $400 million from his father’s real estate empire."

    Trump reaped millions in shady tax schemes from father's business, report says; NY Tax Department 'reviewing' allegations | Fox News


    Tax officials in New York are "reviewing" allegations in a lengthy New York Times report Tuesday that claimed President Trump received at least $413 million in today’s money from his father’s New York real estate business, with much of the money coming through questionable tax schemes in the 1990s.

    The president declined the newspaper's request for comment, but a lawyer representing Trump, Charles J. Harder, provided a statement to Fox News on Tuesday that blasted the paper’s reporting as “highly defamatory” and “extremely inaccurate.”

    "The Tax Department is reviewing the allegations in the NYT article and is vigorously pursuing all appropriate avenues of investigation," a department spokesman told Fox News.

    According to confidential tax returns and financial records obtained by the newspaper, Trump and his siblings set up a phony corporation in an effort to disguise millions of dollars in gifts from their parents. Records examined by the Times also indicate that Trump helped his father take millions of dollar in improper tax deductions and formulated a strategy to undervalue his parents’ real estate holdings in order to reduce the tax bill when the properties were transferred.

    In total, Trump’s parents, Fred and Mary Trump, transferred over $1 billion to their children. The money would have created a tax bill of at least $550 million given the 55 percent tax rate then imposed on gifts and inheritances, but the family only paid $52.2 million, tax records indicate.

    Continued at
  11. DeathHamster Member

    The problem won't be the test message, but if Trump thinks that he can use it like Twitter for anything he feels is an emergency.
  12. sos

    An emergency to Trump would be running out of hair spray ffs.
  13. sos

  14. DeathHamster Member

    I hope someone saved those course materials to a DVD and put it in a safe place. We're going to need them when this shitshow is over.

    There's a lot more scary stuff in the interview.
  15. Let's talk about Trump , Obama , and monsters...

  16. Let's talk about patriotism, propaganda, and the national anthem....

  17. DAMN He is my star:

  18. The Wrong Guy Member

    These representatives voted to keep Trump’s sketchy tax practices hidden from the public | ThinkProgress

    "21 House Republicans on the Ways and Means Committee blocked disclosure of Donald Trump's tax returns last month."

    A financial disclosure from Donald Trump's sister led to The New York Times report on his taxes | CNN

    New York could levy hefty penalties if Trump tax fraud is proven | USA TODAY

    "State law provides three exceptions where the statute of limitations does not apply to civil tax penalties: When someone failed to report a return at all, when someone failed to notify the state of changes made to their federal return by the IRS or when someone filed a false or fraudulent return with the intent to evade tax."

    The Senate Should Not Confirm Kavanaugh. Signed, 650+ Law Professors (and Counting). | The New York Times

    "The following letter will be presented to the United States Senate on Oct. 4. It will be updated as more signatures are received."
  19. Disambiguation Global Moderator

    A bunch of us were in line at the pharmacy when all out phones went off. Everybody laughed.
  20. The Wrong Guy Member

    I Was Brett Kavanaugh’s College Roommate

    He lied under oath about his drinking and terms in his yearbook.

    By James Roche, Slate

    Kavanaugh's Yale classmates say they've struggled to connect with FBI | CNN

    White House Apparently ‘Will Not Allow’ the FBI to Interview Kavanaugh and Ford

    Democratic lawmakers sound off on reports that only one copy of the FBI's reopened investigation into Brett Kavanaugh will be given to them for review
    • Like Like x 1
  21. The Wrong Guy Member

    Report: The FBI’s Investigation of Kavanaugh Was a Sham


    Five days after the FBI began its investigation into Supreme Court nominee Brett Kavanaugh and the sexual assault allegations made against him by Dr. Christine Blasey Ford, the probe is over. Though the White House is already exonerating him, it remains to be seen what kind of information Senators can glean from the investigation. One thing that is clear though is that many Senate Democrats won’t be satisfied with the narrow scope of the probe.

    According to the Washington Post, FBI agents only spoke to six people as a part of the investigation. Five of them were connected to Dr. Ford and her story of a 1982 sexual assault at the hands of Kavanaugh. Somehow, neither Kavanaugh, nor Ford, were among those interviewed:

    Instead, the bureau interviewed three people who Ford said attended the party: Mark Judge, Patrick Smyth and Leland Keyser. The FBI also talked to two other friends of Kavanaugh’s who were listed as attending a gathering during the same summer that Ford alleged she was assaulted: Chris Garrett, who went out with Ford for a time, and Tim Gaudette.

    The FBI has only briefly looked into the other allegations against Kavanaugh. While an interview was conducted with Deborah Ramirez, who said Kavanaugh exposed himself to her at Yale, investigators did not, as far as Ramirez’s legal team knew, speak to any of the 20 people she said may be able to corroborate her story. Julie Swetnick, who implicated Kavanaugh in a pattern of sexual assaults, was also not interviewed.

    There’s more: Several people who reached out to investigators to offer information said they were also left hanging. NBC News says dozens have potential witnesses have come forward to FBI field offices, “but agents have not been permitted to talk to many of them.” The New Yorkerspoke to several people who were also unable to get an audience with the FBI despite their ability to corroborate Ramirez’s story and information refuting claims Kavanaugh made during last week’s testimony.

    …Several other former Yale classmates said that they had reached out to the F.B.I. about Kavanaugh but had not received a response. Stephen Kantrowitz, a former Yale classmate, said in a text message that, “No one who lived in Lawrance Hall (so far as I know) has been contacted by the FBI What a charade.”

    Sen. Dianne Feinstein, the top Democrat on the Senate Judiciary Committee, blamed the FBI’s narrow list of interviewees on the White House. “The White House confirmation that it will not allow the FBI to interview Dr. Blasey Ford, Judge Kavanaugh or witnesses identified by Deborah Ramirez raises serious concerns that this is not a credible investigation,” she said in a statement.

    Senate Democrats are also sure to take issue with the White House’s decision to prohibit the FBI from looking into whether Kavanaugh committed perjury during last Thursday’s Senate hearing.

    Continued at
    • Like Like x 1
  22. The Wrong Guy Member

    Trump Takes A Stand For The Real Victims: Men | The Late Show with Stephen Colbert

    "Stephen performs a monologue from Donald Trump's new one-man show, 'Downfall of the Fictional American Man.'"
    • Like Like x 2
  23. DeathHamster Member

    • Like Like x 3
  24. Disambiguation Global Moderator

  25. Disambiguation Global Moderator

  26. I think a large number of Republican senators and at least one Supreme Court Justice have a date they can't break, after the circus they orchestrated in place of due process, with Mephistopheles.

    IMHO, of course.
    • Like Like x 1
  27. The Wrong Guy Member

    Former Trump aide Hope Hicks joins Fox as head of PR | CNN


    Hope Hicks, previously one of President Trump's closest aides, is becoming a key executive at Fox News Channel's parent company.

    Monday's announcement inspired lots of quips about the revolving door between the Trump White House and the Murdoch media empire. Fox News co-president Bill Shine joined the White House communications team over the summer.

    But this move is actually a big change for Hicks. As White House communications director, she assisted the president, set up interviews and channeled his views.

    Now she is joining FOX as executive vice president and chief communications officer, which means she will run public relations and other aspects of the TV company.

    She will not officially start work until early 2019 -- because FOX is in the midst of a major corporate transaction. Disney is buying most of 21st Century Fox, including cable channels like FX and the company's movie studio.

    But Disney is not buying Fox News, Fox Sports or the company's broadcast network or TV stations. So those assets will be spun off to form a slimmed-down version of Fox, officially named, you guessed it, FOX.

    Last week, the company announced the new all-caps name and confirmed that Lachlan Murdoch will be the CEO while his father Rupert Murdoch will be the co-chairman.

    Monday's hiring of Hicks is part of the executive transition. Her role will take effect when the spin-off is in place.

    Continued at
    • Like Like x 1
  28. Drone Footage of Beto O'Rourke Rally in Austin, TX Feat Willie Nelson 'Vote Em Out'

    • Like Like x 2
  29. The Wrong Guy Member

    Was There a Connection Between a Russian Bank and the Trump Campaign?

    A team of computer scientists sifted through records of unusual Web traffic in search of answers.

    By Dexter Filkins, The New Yorker, October 9, 2018


    In June, 2016, after news broke that the Democratic National Committee had been hacked, a group of prominent computer scientists went on alert. Reports said that the infiltrators were probably Russian, which suggested to most members of the group that one of the country’s intelligence agencies had been involved. They speculated that if the Russians were hacking the Democrats they must be hacking the Republicans, too. “We thought there was no way in the world the Russians would just attack the Democrats,” one of the computer scientists, who asked to be identified only as Max, told me.

    The group was small—a handful of scientists, scattered across the country—and politically diverse. (Max described himself as “a John McCain Republican.”) Its members sometimes worked with law enforcement or for private clients, but mostly they acted as self-appointed guardians of the Internet, trying to thwart hackers and to keep the system clean of malware—software that hackers use to control a computer remotely, or to extract data. “People think the Internet runs on its own,” Max told me. “It doesn’t. We do this to keep the Internet safe.” The hack of the D.N.C. seemed like a pernicious attack on the integrity of the Web, as well as on the American political system. The scientists decided to investigate whether any Republicans had been hacked, too. “We were trying to protect them,” Max said.

    Max’s group began combing the Domain Name System, a worldwide network that acts as a sort of phone book for the Internet, translating easy-to-remember domain names into I.P. addresses, the strings of numbers that computers use to identify one another. Whenever someone goes online—to send an e-mail, to visit a Web site—her device contacts the Domain Name System to locate the computer that it is trying to connect with. Each query, known as a D.N.S. lookup, can be logged, leaving records in a constellation of servers that extends through private companies, public institutions, and universities. Max and his group are part of a community that has unusual access to these records, which are especially useful to cybersecurity experts who work to protect clients from attacks.

    Max and the other computer scientists asked me to withhold their names, out of concern for their privacy and their security. I met with Max and his lawyer repeatedly, and interviewed other prominent computer experts. (Among them were Jean Camp, of Indiana University; Steven Bellovin, of Columbia University; Daniel Kahn Gillmor, of the A.C.L.U.; Richard Clayton, of the University of Cambridge; Matt Blaze, of the University of Pennsylvania; and Paul Vixie, of Farsight Security.) Several of them independently reviewed the records that Max’s group had discovered and confirmed that they would be difficult to fake. A senior aide on Capitol Hill, who works in national security, said that Max’s research is widely respected among experts in computer science and cybersecurity.

    As Max and his colleagues searched D.N.S. logs for domains associated with Republican candidates, they were perplexed by what they encountered. “We went looking for fingerprints similar to what was on the D.N.C. computers, but we didn’t find what we were looking for,” Max told me. “We found something totally different—something unique.” In the small town of Lititz, Pennsylvania, a domain linked to the Trump Organization ( seemed to be behaving in a peculiar way. The server that housed the domain belonged to a company called Listrak, which mostly helped deliver mass-marketing e-mails: blasts of messages advertising spa treatments, Las Vegas weekends, and other enticements. Some Trump Organization domains sent mass e-mail blasts, but the one that Max and his colleagues spotted appeared not to be sending anything. At the same time, though, a very small group of companies seemed to be trying to communicate with it.

    Examining records for the Trump domain, Max’s group discovered D.N.S. lookups from a pair of servers owned by Alfa Bank, one of the largest banks in Russia. Alfa Bank’s computers were looking up the address of the Trump server nearly every day. There were dozens of lookups on some days and far fewer on others, but the total number was notable: between May and September, Alfa Bank looked up the Trump Organization’s domain more than two thousand times. “We were watching this happen in real time—it was like watching an airplane fly by,” Max said. “And we thought, Why the hell is a Russian bank communicating with a server that belongs to the Trump Organization, and at such a rate?”

    Only one other entity seemed to be reaching out to the Trump Organization’s domain with any frequency: Spectrum Health, of Grand Rapids, Michigan. Spectrum Health is closely linked to the DeVos family; Richard DeVos, Jr., is the chairman of the board, and one of its hospitals is named after his mother. His wife, Betsy DeVos, was appointed Secretary of Education by Donald Trump. Her brother, Erik Prince, is a Trump associate who has attracted the scrutiny of Robert Mueller, the special counsel investigating Trump’s ties to Russia. Mueller has been looking into Prince’s meeting, following the election, with a Russian official in the Seychelles, at which he reportedly discussed setting up a back channel between Trump and the Russian President, Vladimir Putin. (Prince maintains that the meeting was “incidental.”) In the summer of 2016, Max and the others weren’t aware of any of this. “We didn’t know who DeVos was,” Max said.

    The D.N.S. records raised vexing questions. Why was the Trump Organization’s domain, set up to send mass-marketing e-mails, conducting such meagre activity? And why were computers at Alfa Bank and Spectrum Health trying to reach a server that didn’t seem to be doing anything? After analyzing the data, Max said, “We decided this was a covert communication channel.”

    Continued at
    • Like Like x 2
  30. Disambiguation Global Moderator

  31. Disambiguation Global Moderator
    Trump campaigns in Pennsylvania as hurricane pounds Florida
  32. The Wrong Guy Member

    • Like Like x 1
  33. Disambiguation Global Moderator

    “First Lady Melania Trump Says She Is 'the Most Bullied Person in the World'
    It depends on how much time she spends with her husband.
    • Like Like x 2

  34. Is she confusing the word bullied with pampered?
    Her marriage wasn't a forced one nor was it an arranged one and in all probability she could leave it behind as long as she is prepared to keep stuum about Trump's small cock and the obligatory hand job once per month .

    Bullied ? My big hairy arse.

Share This Page

Customize Theme Colors


Choose a color via Color picker or click the predefined style names!

Primary Color :

Secondary Color :
Predefined Skins