An unofficial borrowed loan.
It must have just slipped his mind to repay it. If he is really worth the 10 billion dollars he claims that he is it is strange that he would need a loan of $2 million from a charity. $2 million only being 0.0002 of his net worth. Surely if I was that wealthy I would have far more than that lying about. If he was only earning 2% of his net worth, 2 million is less than 2 days earnings.
But fortunately the New York Attorney General caught this oversight. I find it curious that someone as wealthy as he claims to be would have to be sued to repay such a pittance. And fight it. And then admit that he used the money to pay business debts and fund his campaign. And then, after agreeing in writing that he broke the law, agree to repay 8 charities and have his foundation forcibly shut down by the state government.
As part of the settlement, Mr. Trump, who at first dismissed the suit as a political attack, made 19 detailed admissions, acknowledging, for example, that the foundation had purchased the $10,000 portrait of himself that was ultimately displayed at one of his Florida hotels.
He admitted to using the foundation’s money to settle obligations of some of his for-profit companies, including a golf club in Westchester County, N.Y., and Mar-a-Lago, his private club in Florida which he frequently visits.
And he admitted that the foundation had given his presidential campaign control over about $2.8 million that the foundation had raised at a veterans fund-raiser in Iowa in January 2016. Mr. Trump acknowledged the fund-raiser was in fact a campaign event.
Now I know that you and many other followers of Trump do not care much about his honesty. I can't wait for your excuse. But, you see, that is what is wrong these days. This is huge news. It should get him impeached all by itself. If Obama had done such a thing the republicans would foaming at the mouth. They go into apoplexy at the very thought that an illegal alien lies to get treatment for their sick child at an emergency room but let their golden boy billionaire rip off the poor and veterans and they refer to it as an oversight.
Funny outcome. Trump's children are ordered by the court to take classes so they can learn how not to steal money from charities.
"Laziness is a trait in blacks." Trump.
"I am the least racist person there is. And I think most people that know me would tell you that. " Trump
The American dream is about freedom. Pelosi