[jimjam]

Here's the poop on Trump and Russia.

Trump demonstrated his recklessness by going bankrupt six times. Unsurprisingly the banking industry was now reluctant to lend him the cash flow he needed to continue his quest for not so cheap thrills.

Trump travels to Moscow in 2013 to bask in his Miss Universe circus and wonders, “Do you think Putin will be going to The Miss Universe Pageant,” he tweeted. “[I]f so, will he become my new best friend?”

Trump junior states, “We see a lot of money pouring in from Russia,” he said of Trump Organization properties. “There’s indeed a lot of money coming for new-builds and resale."

Here's jimjam's take. The cash in America that trump needed to finance his Trump in Wonderland life style disappeared when the banks dropped him as risky at best. Trump then turns to Russia for cash flow. The Russians get their hooks into him while he is distracted by his 2013 gala pussy contest. He is promised Russian cash which comes with a catch. Trump must now launder Russian mob money through his real estate operation. Money laundering is a serious crime. Trump fucked up big time when he fired James Comey and ended up with Robert Mueller, a former FBI director. FBI boys stick together like the fraternity that they are. I seriously doubt that Mueller was happy with Comey's public humiliation at the hands of trump. Based upon the specialties of the lawyers on Mueller's staff it is safe to assume that trump's money laundering hobby is being looked into. Trump's tax returns? You will never see them because they likely show clues to trump's criminal life.

Trump acts like the scared man that he is. Putin owns him and can destroy him at will.

[One Degree]

You do realize rich people create companies with the intention of them going bankrupt? This was a big problem with construction work on our interstates for example. You create a company to bid on the work and you siphon all the money off and declare bankruptcy. You then create a new company. Trying to condemn Trump for being a typical American business man is not very damaging. What he was is also not necessarily what he is. I have not been the same person throughout my life. Have you?

[Beren]

Trying to condemn Trump for being a typical American business man is not very damaging. What he was is also not necessarily what he is.

How is he a great businessman then? He's just a typical exploiter who was born rich. Or maybe not, because he's also president. But who cares? It's impossible to seriously damage his wonderful image, isn't it? And why not believe he could have changed on the way to presidency?

[One Degree]

How is he a great businessman then? He's just a typical exploiter who was born rich. Or maybe not, because he's also president. But who cares? It's impossible to seriously damage his wonderful image, isn't it? And why not believe he could have changed on the way to presidency?

I don't believe I have ever heard anyone say he is a wonderful person. All anyone cared about was he was supposedly anti establishment and anti political correctness. The latter is why liberals could not understand why anyone would overlook his supposedly sexist/racist comments. It is not anyone really approved of his comments, but they did like him rejecting political correctness because it showed he would help put an end to the nonsense that was resulting from it. He represented rebellion, and was the only candidate to fill the role.
It is not like we had a choice from a selection of candidates.

[Beren]

I don't believe I have ever heard anyone say he is a wonderful person.

Maybe because he's a large-type asshole intentionally. That's what makes him elected and maybe that's how he basically is too. There are many ways to success, it depends on the individual whether which way is his way. Trump's way to success is being an unscrupulous and totally selfish con artist and large-type asshole. That's how he succeeded in the real estate business, in the media business, in the casino business, that's how he conned people with Trump University, and that's how he made it to the presidency as well.

[Stormsmith]

Trump’s references to Russia go back at least as far as his 1987 book The Art of the Deal, in which he wrote that he was in talks with the Soviet ambassador Yuri Dubinin “about building a large luxury hotel across the street from the Kremlin in partnership with the Soviet government.” He attempted, ultimately unsuccessfully, to seal the deal with a visit to Moscow, during which, according to The Washington Post, Trump “met with a lot of economic and financial advisers in the Politburo,” the Soviet Union’s chief political body. The next year, the real-estate mogul personally hosted the Soviet president Mikhail Gorbachev at Trump Tower in New York.

Read more at:
http://www.theatlantic.com/business/archive/2017/05/trump-lawyers-up-conflicts-of-interest/526185/

On those elusive tax forms...you might see them. Mueller's called in the team of guys from the IRS that investigates tax fraud and money laundering. He's also engaged with NY State AG Eric Schneiderman. If Trump's messed up in NY, Schneiderman will eat him for breakfast. Trump has more to fear from E.S. than Mueller. Schneiderman suçessfully sued Trump university for $25000000. Schneiderman was part of a group of AGS that successfully put the kibosh on that banning Muslim immigration thingee, and he's prepared to work with this same teem if Trump tries to dump Obamacare.

I wonder if he's tired of winning yet

[One Degree]

And hopefully he will continue to con the establishment into showing what unscrupulous bastards they are. I have been amazed at both how much they have revealed and how little the public has understood it. The stupid public thinks it is a good thing the Republican establishment has joined the Democratic establishment against Trump. Instead of the public seeing this as proof there is only one establishment, they ignorantly believe it has something to do with Trump not being a nice person. LMAO at their gullibility.

[Beren]

And hopefully he will continue to con the establishment into showing what unscrupulous bastards they are.

You talk like he's not part of the establishment, whereas he just never tried politics because it wasn't ripe for him, but now it is. He would like to be a great Republican president doing great things with Republican Congress, but he just can't. Assholery and conning are not the best ways to greatness.

[jimjam]

:roll: You do realize rich people create companies with the intention of them going bankrupt? This was a big problem with construction work on our interstates for example. You create a company to bid on the work and you siphon all the money off and declare bankruptcy. You then create a new company. Trying to condemn Trump for being a typical American business man is not very damaging. What he was is also not necessarily what he is. I have not been the same person throughout my life. Have you?

I like you Mr.Degree and I LOVE your enthusiasm but it does not seem as you think things thru sometimes.

First , your response is kinda beside the point I was making. Didn't really address it.

Second you mention that bankruptcy is a common business practice. Well, ok but I studied some of trump's bankruptcies and they involved defaulted bonds, missed payments and a lot of generally "fuck you I'm not paying you. Sue me." stuff. My point was that most of trump's state side funding was cut off. Can you really see a banker looking at trump's latest loan application and saying, " Well Donald has been defaulting on bonds and loans and generally not paying folks but .............. this is all intentional shrewd business stuff so............ let's front him a few hundred million more." I don't think so.

Third, I am definitely not the same person I was at age 17 ............. Praise the Lord .

[4cal]

And hopefully he will continue to con the establishment into showing what unscrupulous bastards they are. I have been amazed at both how much they have revealed and how little the public has understood it. The stupid public thinks it is a good thing the Republican establishment has joined the Democratic establishment against Trump. Instead of the public seeing this as proof there is only one establishment, they ignorantly believe it has something to do with Trump not being a nice person. LMAO at their gullibility.

Eight months and zero major accomplishments except that he’s satisfied everyone’s curiosity about whether he would be in over his head….Clear to everyone except the blindest of the blind supporters he still has left…that he is.

[One Degree]

I like you Mr.Degree and I LOVE your enthusiasm but it does not seem as you think things thru sometimes.

First , your response is kinda beside the point I was making. Didn't really address it.

Second you mention that bankruptcy is a common business practice. Well, ok but I studied some of trump's bankruptcies and they involved defaulted bonds, missed payments and a lot of generally "fuck you I'm not paying you. Sue me." stuff. My point was that most of trump's state side funding was cut off. Can you really see a banker looking at trump's latest loan application and saying, " Well Donald has been defaulting on bonds and loans and generally not paying folks but .............. this is all intentional shrewd business stuff so............ let's front him a few hundred million more." I don't think so.

Third, I am definitely not the same person I was at age 17 ............. Praise the Lord .

Actually, I would be amazed if it is true banks were turning him down. They would only be concerned with what collateral he had. They could care less about him screwing people over. That would be very hypocritical of them.

[jimjam]

Actually, I would be amazed if it is true banks were turning him down. They would only be concerned with what collateral he had. They could care less about him screwing people over. That would be very hypocritical of them.

It is hardly that simple, especially with Mr. Trump.

“I am the king of debt,” Mr. Trump once said on CNN. “I love debt.”

In the aftermath of Trump's 1990 crash the banks did not recover 100% of what they were owed and several lenders vowed never to work with Trump again.

Presently Trump has four large mortgages with Deutsche Bank, borrowing against three of his most prized possessions: the Doral golf resort in Florida, his Chicago tower, and his brand new Washington luxury hotel.

The Trump Organization, Inc.’s business credit score is a 19 out of 100 as of Sept. 23, 2016, which puts it below the national average score by more than 30 points. The Nav report said the score indicates the Trump Organization “is very likely to default on its credit payments” and that “this will make it difficult to get financing.” It puts Trump’s Organization in a “medium-to-high risk” category.

[Hindsite]

It is hardly that simple, especially with Mr. Trump.

“I am the king of debt,” Mr. Trump once said on CNN. “I love debt.”

In the aftermath of Trump's 1990 crash the banks did not recover 100% of what they were owed and several lenders vowed never to work with Trump again.

Presently Trump has four large mortgages with Deutsche Bank, borrowing against three of his most prized possessions: the Doral golf resort in Florida, his Chicago tower, and his brand new Washington luxury hotel.

The Trump Organization, Inc.’s business credit score is a 19 out of 100 as of Sept. 23, 2016, which puts it below the national average score by more than 30 points. The Nav report said the score indicates the Trump Organization “is very likely to default on its credit payments” and that “this will make it difficult to get financing.” It puts Trump’s Organization in a “medium-to-high risk” category.

Fake news or conspiracy theory? Take your pick. Ha ha

[Beren]

Fake news or conspiracy theory? Take your pick. Ha ha

Take your pick, I'm a prick.

Trump's Business Credit Score Is 19 Out of a Possible 100

By Christine Giordano | Published October 20, 2016

Debate season has brought about quite a bit of talk about how Donald Trump runs his businesses and how the Clinton Foundation gets its donor dollars. Nav, a business score education organization, decided to run business credit scores for both The Trump Organization and the Clinton Foundation (you can view the full Nav report details here Opens a New Window. ). The results might surprise you.

What’s a Business Credit Score?

Similar to your personal credit scores Opens a New Window. , business credit scores and reports suggest a way to determine the credibility of a company by looking into how it has handled debts and obligations in the past.

“Suppliers, vendors and even business partners can look up your business’s credit score, anytime they want, without notifying you and without your permission,” Gerri Detweiler, head of Market Education for Nav, said.

Businesses leave an information trail when using credit, which is collected by business credit reporting agencies. A business credit score could be determined by the use of business credit cards, repaying equipment leases or business loan, or working with creditors that report business activity to credit reporting agencies, Detweiler said.

According to the Nav report, many types of businesses rely on business credit scores similar to the way people rely on personal credit scores Opens a New Window. — these scores can determine interest rates and loan approvals. Lenders, vendors and suppliers may look up a business’ credit scores to make financing or trade credit decisions. They may also use the scores when determining whether to extend terms to a business, such as letting it pay for goods or services in 30 days (net-30) or 60 days (net-60). The U.S. government can also review business credit when a company applies for a large contract. Even potential business partners may look into a company’s reports before deciding to do business with it.

Business scores often take a harder hit because of late payments than personal scores. Delinquencies or slow payments, for example, might be reported if they’re only a day late for a business, compared to the 30-day grace period typically offered with personal credit, according to Nav.

And, just like with personal scores (which you can view two of on Credit.com for free, updated every 14 days Opens a New Window. ), there can be reporting mistakes that can ding your business credit score, Detweiler said.

The Trump Organization’s Business Credit Score

According to Nav, The Trump Organization, Inc.’s business credit score is a 19 out of 100 as of Sept. 23, 2016, which puts it below the national average score by more than 30 points. The Nav report said the score indicates the Trump Organization “is very likely to default on its credit payments” and that “this will make it difficult to get financing.” It puts Trump’s Organization in a “medium-to-high risk” category.

What Hurt the Trump Score

“Derogatory information, including a tax lien, judgement and collection accounts are affecting the Trump Organization’s credit scores,” Detweiler said. Derogatory information can include things like bankruptcies, but Trump’s bankruptcies did not show up on the report — most likely because they were old or for other businesses he is associated with, Detweiler said.

“Payment status is the most important factor when it comes to business credit scores, accounting for approximately 50% or more of the score,” Detweiler said. The Trump Organization’s payment history shows it pays an average of 26 days beyond terms (DBT), compared to the national average of 12 DBT.

Interestingly, the report also shows a tax lien, a judgement and three collection accounts, all of which ding the Trump Organization’s score, but the status of these is unclear.

The first, from the Environmental Control Board, said “paid in full, amount paid $0” and is dated 2015. Another is an account in collections reported by Altus Global Trade, which shows up twice: One appears to be closed and the other seems to be uncollected, according to the report. There’s no start date. The amount paid is listed as $0.

“This could be a duplicate, it could be resolved, it could be a mistake,” Detweiler said. “Just like personal credit, this is an illustration of why, as a business owner, you want to check your business credit report, and if it isn’t accurate, then you need to dispute it.” So, in effect, Trump or someone from his organization should dispute these items on his business credit report if they believe they are inaccurate. “If these items bringing down the credit score are mistakes, they could be fixed,” Detweiler said.

The other items are a state tax lien for $526, which shows as released and presumably was paid. (Note: Tax liens can stay on your credit report for a given number of years, even after they’re paid.) There was also a judgement regarding ABC Imaging of Washington, D.C., for $3,294 from December 2013.

Two separate things that worked in the Trump Organization’s favor are its business credit trail, which extends for more than 35 years, and that the bankruptcies weren’t on the organization’s report.

The Clinton Foundation Score

According to Nav, the Clinton Foundation’s business credit score is a 42 out of 100 as of Sept. 23, 2016, which puts it below the national average score by about seven points. The Nav report said the score indicates the Foundation is “somewhat likely to default on its credit payments” and that “this could make it difficult to get financing and the terms may be unfavorable.” It puts the Clinton Foundation into a “medium-risk” category.

What Hurt the Clinton Score

What works against the Clinton Foundation is that it is a relatively new organization and it is a foundation — its credit history only dates to 2013 and it has a relatively “thin file,” Detweiler said. Because it is a foundation, it may not use a lot of credit, so there may not be as many active trade lines as a regular business, she said. That’s because foundations are often funded through donor dollars. “According to the reports, the foundation has no derogatory information, low credit utilization, a mix of different accounts and a projected payment trend of zero days beyond terms,” Detweiler said.

If You’re Establishing a Business

Establishing good credit in business is similar to establishing good credit habits Opens a New Window. in your personal life.

“A good course of action to establish good business credit scores would be to take care of any delinquent accounts that are being reported, and — most importantly — make on-time or early payments in the future,” Detweiler said.

Even if you’re not running for president, it’s important to keep a close eye on your business’s credit reports to make sure they don’t contain errors and, if you do find any, you repair the problem.

So Trump's credibility was 19 out of 100, while that of the Clintons was 42. That may be a good measure.

[jimjam]

Fake news or conspiracy theory? Take your pick. Ha ha

No, my personal opinion. As your infallible hero Mr. Wonderful would say, "We'll see."

[One Degree]

When you get to the end of the article, you see how naive (or dishonest) the author is. What business accountant would recommend paying bills early or even on time?

[Beren]

When you get to the end of the article, you see how naive (or dishonest) the author is. What business accountant would recommend paying bills early or even on time?

That's just how the model works.

“A good course of action to establish good business credit scores would be to take care of any delinquent accounts that are being reported, and — most importantly — make on-time or early payments in the future,” Detweiler said.

But it must be a stupid or dishonest model if it says that Trump's credibility is at the bottom and way below that of the Clintons.

[One Degree]

That's just how the model works.

But it must be a stupid or dishonest model if it says that Trump's credibility is at the bottom and way below that of the Clintons.

I am simply suggesting his solution may not be based upon reality. I am not an accountant, but I would think a company would pretty much be 'dead in the water' before I would suggest losing interest income to pay bills early. I have no reason to dispute his facts. I am just not certain any company would care that much about what he thinks is a problem. I am willing to let the accountants on the forum educate me on this.

[Beren]

I am simply suggesting his solution may not be based upon reality.

Sure One Degree, your perception of reality must be the real one, like your wish for living in city states is a real thing too.

[One Degree]

Sure One Degree, your perception of reality must be the real one, like your wish for living in city states is a real thing too.

It is. Or do you think what is going on in Western Australia, California, Eastern Europe, Catalonia, etc. is just a coincidence. Independence movements are everywhere, and each one just waits for the right circumstances to make their move. Large nation states are unnatural and they are being undone right before your eyes, yet you believe it is not happening, and I am denying reality.