Sunday, August 21, 2016

Donald Trump's organization addresses report that his companies are at least $650 million in debt

When I read the new York Times article I saw that he reported only $350 million in debt. But, the reason he reported that is he only was required (the way the form was set up) to report debts on Majority owned properties. that means that at least 300 million in debt is in Non-Majority owned properties which just means he owns less than 50percent of them. So, like I said before in another article, the questions on the form are ridiculous for a man of his diverse investments and wealth. And most people will have no idea about any of this because they are only dealing with under $5000 dollars a month in their checking accounts, not billions of dollars in loans and investments, some majority investments and some minority investments in companies and building and various different agreements and deals he has made with Banks in China, and Europe and the U.S. and elsewhere worth hundreds of millions of dollars up to about $2 billion in loans over time. I'm not sure if he owes hundreds of millions of dollars to banks in Russia too or not. That information if true just might not be available to anyone anywhere.

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Donald Trump's organization addresses report that his companies are at least $650 million in debt: Politics Extra

cleveland.com - ‎9 hours ago‎
Inside Trump's "financial maze:" Donald Trump's properties are indebted to numerous financial institutions, including some the Republican presidential nominee has repeatedly criticized on the campaign trail, according to a new report from The New York ...
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Donald Trump's organization addresses report that his companies are at least $650 million in debt: Politics Extra

Donald Trump
Republican presidential candidate Donald Trump speaks at a campaign rally in Fredericksburg, Virginia on Saturday, Aug. 20, 2016. (Gerald Herbert, Associated Press)
Inside Trump's "financial maze:" Donald Trump's properties are indebted to numerous financial institutions, including some the Republican presidential nominee has repeatedly criticized on the campaign trail, according to a new report from The New York Times. The newspaper found that holdings by Trump have debt amounting to at least $650 million – a fair amount more than the $315 million filed on the personal financial disclosure forms he gave to the Federal Election Commission.
"We overdisclosed," said Allen Weisselberg, chief financial officer of the Trump Organization. He explained that it was decided that when a Trump company owned 100 percent of a property, all of the associated debt would be disclosed, something that he said went beyond what the law required. One Manhattan office building that Trump partially owns "carries a $950 million loan." Goldman Sachs and the Bank of China are two of the building's four lenders.
All eyes on donations, both big and small: The presidential candidates and many outside groups detailed their July fundraising and spending to the FEC Saturday. On the Democratic side, mega-donors such as George Soros and Tom Steyer put millions of dollars into the White House race as well as Senate races, reports the Boston Herald. Hillary Clinton's campaign brought in $52 million in July, while Trump's campaign netted $37 million, which includes a $2 million donation he made himself. Trump outpaced Clinton when it came to small donors; contributors giving $200 or less accounted for $12.7 million of his fundraising, while they accounted for $11.4 million of Clinton's.
Looking into Clinton Foundation donations: Clinton's campaign manager said Sunday that foreign donations to the Clinton Foundation will take some time to wind down, when asked about its plan to forgo that money if she is elected president, reports CNN. Robby Mook said on "State of the Union" that the foundation's decision to separate itself from foreign money is "unprecedented" and explained why the organization believes the move is necessary if she is elected, but not before then, or during her time as secretary of state.
"The foundation is doing an enormous amount of work, and it takes time when you're in a number of countries around the world to retool, refocus the mission, and adapt," Mook said, emphasizing the foundation's efforts to combat AIDS and malaria globally.
Trump campaign and RNC seek to portray unity: Trump's new campaign manager, Kellyanne Conway, said she will be working closely with the Republican National Committee, and that RNC chief strategist Sean Spicer would be spending more time at Trump's campaign headquarters, reports Politico. The portrayal of unity appears to be a coordinated effort to move past the previous disagreements between the RNC and Trump's campaign.
"I'm also happy to announce that we're working very closely with the RNC, whether it's political data, fundraising," Conway said Sunday on "This Week with George Stephanopoulos." "We've got a great relationship with Chairman [Reince] Priebus, talk to him daily now."
Appearing later on the same show, Priebus said Trump had a "great week" and has been "on message."
Does Trump still want mass deportations? TBD. When asked on "State of the Union" whether Trump still wants "a deportation force removing the 11 million or so undocumented immigrants," Conway said, "To be determined," reports The Washington Post. "What he supports is to make sure that we enforce the law, that we are respectful of those Americans who are looking for well-paying jobs and that we are fair and humane for those who live among us in this country." Conway, who once supported creating a pathway to citizenship for undocumented immigrants, said Trump will reveal the specifics of his immigration plan "as the weeks unfold." He is expected to give a major policy speech about immigration Thursday in Colorado.
Louisiana governor appreciated Trump's visit: Louisiana Gov. John Bel Edwards said Sunday that Trump helped draw attention to recovery efforts after the recent devastating floods in his state, reports The Hill. "I didn't dismiss his trip as a photo-op," he said on "State of the Union." "Before he came down, I said we welcome him here, we want him to be helpful." Edwards said Trump's visit was beneficial for the state "because it helped to shine a spotlight on Louisiana and on the dire situation that we have here."
Clinton wrote Thursday on Facebook that she spoke with Edwards and that while her "heart breaks for Louisiana," the relief effort "can't afford any distractions."
President Obama will visit Baton Rouge on Tuesday.
Half-Indian man says he was racially profiled at Trump rally: Jake Anantha, an 18-year-old man who identified himself as half-Indian, was escorted out of a Trump rally Thursday amid concerns that he was a protester, even though he insisted he supported the GOP nominee, reports CNN. Anantha was approached by a member of Trump's security team and then ushered out by police, as he was being told that he resembled another man who had previously disrupted Trump rallies.
"I do think it's because I'm brown," he said, explaining why he believes he was kicked out. "I'm a huge Trump supporter. I would never protest against Trump." Anantha was wearing a pro-Trump shirt with another pro-Trump shirt underneath. The college student later tweeted that he will be voting for Libertarian candidate Gary Johnson in November.
Clinton said Powell advised her to use private email: Clinton told the FBI that former secretary of state Colin Powell had advised her to use a personal email account, reports The New York Times. This information is included in the notes handed over to Congress Tuesday detailing her interview from early July. Clinton and her campaign have repeatedly pointed to the use of a personal email by Powell and other government officials, but Clinton has not said publicly that Powell personally recommended that she rely on a private account.
Even though the FBI didn't recommend charges... Clinton is being sued by Judicial Watch, a conservative legal watchdog group, over her email server, reports CNN. A federal judge denied the group's request Friday to depose Clinton in person, but she does have to answer written questions. The judge, Emmet Sullivan, said Clinton will have to answer Judicial Watch's questions under oath within 30 days. Separately, Sullivan denied the group's request to depose an official in the State Department's Freedom of Information Act office, Clarence Finney, but approved its request to depose a former IT official, John Bentel. Clinton spokesman Brian Fallon dismissed Judicial Watch as "a right-wing organization that has been attacking the Clintons since the 1990s."
Trump supporters do it themselves: Due to a shortage of free campaign merchandise in their local areas, Trump supporters are spending their own money on yard signs and bumper stickers, reports Bloomberg. Florida resident Ernest Loyer wanted "Veterans for Trump" yard signs, and ended up buying them on cafepress.com for $24.99 each. "They weren't cheap, but high quality. And no proceeds go to Vets," Loyer, who lives in a crucial battleground state, said in a Facebook message. Pennsylvania State Senator Scott Wagner said Trump's campaign wasn't providing signs in his district in York County, so he purchased 20,000 lawn signs. "Anyone who wants a Trump sign in my district is going to get one," he told his fellow delegates at the RNC in Cleveland last month.
Senior Trump campaign adviser Tana Goertz said Thursday she hadn't heard about this problem, but wants to get it fixed. "If there's anything I can do, I will. I will send yard signs to any state."

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