Trump Tweets

dividendhero

Malthusian wrote: »

Even Trump doesn't have inside knowledge on what he's going to warble tonight.

Agree, can't dispute you on that score. He probably can't recall what he warbled last night either

Malthusian wrote: »

So they're going to pay thousands of pounds to hide millions offshore in secret accounts and keep everyone who knows about it quiet in order to make a few thousand day-trading millions on a late-night Trump tweet. Sure sounds like a guaranteed winner to me.

Nobody became a money man by picking up pennies in front of a steamroller.

We're "a friend of mine" to insider deal. I'd advise them to use an offshore nominee and use marginal trading, even a leveraged ETF would suffice. My friend would certainly make more than a few grand this way

I imagine SEC are investigating, but would be reluctant to bring any prosecutions until Trump's out of office as he'll probably just pardon them anyway

Wildsound

I like to see it as a (possibly) organised dump (tweet) and pump (market recovery after what he says turns out to be a load of bull...).

And yes, that is a reversal of the usual term.

Socajam

Malthusian wrote: »

No, because Trump's inner circle are already loaded, and risking an investigation from the SEC after investing millions of dollars the day of a late-night Trump tweet and then cashing it all out the day after in order to make a few thousand is picking up pennies in front of an SEC-shaped steamroller.

Never assume malice where being a bit drunk and senile will suffice.

As JohnRo alludes to, Trump's inner circle are no doubt making millions from his presidency, but in entirely legal ways. As I said the last time this subject came up, Blair is a multi-multi-millionaire, Obama is a multi-multi-millionaire. It would be utterly moronic to abuse high office to make money illegally when you can use and abuse high office to make oodles of money in entirely legal ways. This applies to his aides as well.

Trump is already a billionaire thanks to his inheritance, and despite a life spent trying to spunk it all up the wall on lousy business ventures. If he wanted to make a few hundred million out of the Presidency, the easiest, most lucrative and entirely legal way of doing so would have been to not spend hundreds of millions on running for it in the first place. But he was running out of life and wasn't going to ever run out of money, so here we are.

That isn't directly relevant to his inner circle who aren't billionaires, but what I said about picking up pennies in front of a steamroller applies in their case.

Me thinks you have being listening or reading too much crap. Trump's was a dismal failure and its only the saving grace of his father that saved him from blowing through his inheritance. Trump
Trump is not a billionaire, that's why he is so afraid to release his taxes. Ask yourself this question, if you were that rich, would you go to so much trouble to hide your wealth.
Trump's goal in running for office was to replenish his wealth that was eroded. But all these obstacles that have been place in this path, have made sure that things are not working out as he thought they would.
Michael Flynn had it all set up that he was going to be making billions, but greed always have a way of raising its ugly head. Now all the wealth that Flynn thought he could cheat this way through will not happen.
Paul Manafort just had to give up his apartment in Trump tower to the US government to cover some of the money he owes to the Internal Revenue Service through the tax racket he was running. And this is just the
start.
So in a nutshell Trump is far from being a billionaire,. He likes to tell people this, but those who know Trump and have seen his tax returns, have being following him in all his failures through his years know differently.

Fact Check: Has Trump declared bankruptcy four or six times? - The ...

www.washingtonpost.com/.../fact-check-has-trump-declared-bankruptcy-four-or-six-t...

Sep 26, 2016 -
Trump’s companies have filed for Chapter 11 bankruptcy protection, which means a company can remain in business while wiping away many of its debts. The bankruptcy court ultimately approves a corporate budget and a plan to repay remaining debts; often shareholders lose much of their equity.
Trump’s Taj Mahal opened in April 1990 in Atlantic City, but six months later, “defaulted on interest payments to bondholders as his finances went into a tailspin,”
The Washington Post’s Robert O’Harrow found. In July 1991, Trump’s Taj Mahal filed for bankruptcy. He could not keep up with debts on two other Atlantic City casinos, and those two properties declared bankruptcy in 1992. A fourth property, the Plaza Hotel in New York, declared bankruptcy in 1992 after amassing debt.
PolitiFact uncovered two more bankruptcies filed after 1992, totaling six. Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004, after accruing about $1.8 billion in debt. Trump Entertainment Resorts also declared bankruptcy in 2009, after being hit hard during the 2008 recession.
Why the discrepancy? Perhaps this will give us an idea: Trump told Washington Post reporters that he counted the first three bankruptcies as just one.

Jared Kushner - the son in law have serious financial problems..
That's why they are so cosy with the Saudis and are prepared to sell them nuclear power. The same Saudis where the majority of the 911 terrorist originated from.
How despicable can someone be to sell their country out for 30 pieces of silver and how quickly they forgot what the Saudis did. Jared father is no better, so the apple does not fall far from the tree.

A_T

Trump's bankrupt that's why he doesn't want his taxes revealed - he doesn't pay any.

Johnnyboy11

"Stoopid attache chained to my desk, has a dial and a list of countries, Iran, China, Venezuela, Russia, and someone's written Mexico in black pen. Stoopid big red button, what's that for...?"

Thrugelmir

dividendhero wrote: »

Once again one of Trumps late night tweets have rattled the currency and stock markets. Is it just me who thinks people inside the Trump circle must must be making a killing in insider dealing?

US politics is corrupt. Large corporations and wealthy donors influence policies.