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Old 06-04-2019, 04:36 PM
Bijou Drains is offline
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More examples of Trump lying about his wealth


https://www.vanityfair.com/news/2019...trump-marriage


From his prenup to Marla Maples and other info. The prenup in 93 said he was worth $1 bil but in divorce Marla would only get $1 mil, and they were divorced in 99. Also no child support if Tiffany joins Army or Peace Corps.

Funniest thing was in 1976 he claimed to be worth $200 million but his income was $75k.
  #2  
Old 06-04-2019, 05:40 PM
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Yeah, that guy is a fucking liar. Everyone knows it, some embrace it. Pretty fucking sick, I know.
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Old 06-04-2019, 05:52 PM
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Net worth is not the same as income. A person could have plenty in assets (especially if he inherited it) with his income being very small.
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Old 06-04-2019, 08:11 PM
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Originally Posted by cmkeller View Post
Net worth is not the same as income. A person could have plenty in assets (especially if he inherited it) with his income being very small.
If I claimed my net worth was 200 million, and I had it in assets that gave me the princely return of ONE PERCENT, I would have 2 million/year income. Trump claimed $75,000. One twentieth of one percent return.

He's a liar or one heck of a shitty businessman. **



.

.

.

.

** it's a trick! Of course, he is both.
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Old 06-04-2019, 10:42 PM
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I'm kinda thinking more of a rant that anything elections-oriented.

Off we go.
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Old 06-05-2019, 07:43 AM
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Net worth is not the same as income. A person could have plenty in assets (especially if he inherited it) with his income being very small.
True, but he has also claimed to be an amazing businessman/investor and to have inherited very little money.

The numbers literally don't add up. He all but admits he lies but his typical excuses are that everybody does it and it's smart to lie for tax purposes but also that he doesn't lie. Basically, expecting a coherent story out of a compulsive (and not particularly bright) liar is kind of dumb.
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Old 06-05-2019, 07:53 AM
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True, but he has also claimed to be an amazing businessman/investor and to have inherited very little money.
Old article, but relevant regarding Trump's business [stable] genius:

Donald Trump Would Be Richer If He'd Have Invested in Index Funds


Quote:
Donald Trump’s net worth has grown about 300% to an estimated $4 billion since 1987, according to a report by the Associated Press. But the real estate mogul would have made even more money if he had just invested in index funds. The AP says that, if Trump had invested in an index fund in 1988, his net worth would be as much as $13 billion.

The S&P 500 has grown 1,336% since 1988.

Other billionaires’ net worths have beaten the stock market’s growth in that time. Bill Gates, for example, saw his increase 7,173%, to $80 billion, since 1988. Warren Buffett’s wealth grew 2,612% in the same time period, to $67.8 billion.

So, Trump has basically cost himself money with his artful deals.

And, oh yeah, those other guys are actual billionaires.
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Old 06-05-2019, 12:54 PM
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When NYT revealed those ten years worth of tax returns some pundit calculated that Trump had lost $275,000 a day, every day, every week, for the decade. That takes some kind of talent.
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Old 06-05-2019, 12:59 PM
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True, but he has also claimed to be an amazing businessman/investor and to have inherited very little money.
Let's not forget the reporting that the NY Times did last year, where they got tax records from Trump's dad's estate.

Trump fraudulently avoided $400 million in taxes on the estate. The estate he inherited had to be much larger than that.
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Old 06-05-2019, 01:07 PM
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Child support payments of $100k would cease when Tiffany turns 21. The payments would also cease if she got a job, enlisted in the military, or joined the Peace Corps.

Shouldn't have been too tough for Marla to convince her daughter to stay in school.
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Old 06-05-2019, 01:33 PM
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What the fuck was supposed to be the matter with the Peace Corps?
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Old 06-05-2019, 01:42 PM
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What the fuck was supposed to be the matter with the Peace Corps?
I think the idea wasn't that there was something wrong with the Peace Corps, but that the child support would cease if Tiffany acquired her own means of support, i.e., a job, the military, or the Peace Corps.

Hence the comment about Marla convincing her to stay in school and NOT become self-supporting.
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  #13  
Old 06-05-2019, 05:34 PM
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I think the idea wasn't that there was something wrong with the Peace Corps, but that the child support would cease if Tiffany acquired her own means of support, i.e., a job, the military, or the Peace Corps.

Hence the comment about Marla convincing her to stay in school and NOT become self-supporting.
Well, it's my understanding (from watching a movie with John Candy and Tom Hanks) that the Peace Corps only accepts applicants with a college diploma. And it doesn't exactly pay a wage that sets you up for return to the U.S., does it?
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Old 06-05-2019, 05:54 PM
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Well, it's my understanding (from watching a movie with John Candy and Tom Hanks) that the Peace Corps only accepts applicants with a college diploma. And it doesn't exactly pay a wage that sets you up for return to the U.S., does it?
I don't get your point. Just giving my read on that condition of the divorce. Now I have a headache from trying to think like Donnie.

In any case, none of those jobs pays $100,000 per month, amirite?
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Old 06-05-2019, 07:22 PM
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Originally Posted by kaylasdad99 View Post
Well, it's my understanding (from watching a movie with John Candy and Tom Hanks) that the Peace Corps only accepts applicants with a college diploma.
Mostly correct.

Peace Corps Requirements

Quote:
Most Peace Corps positions require volunteers to have a minimum of a bachelor's degree. However, applicants who have certain work skills or experience may be accepted, depending on the needs of particular volunteer assignments.
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Originally Posted by kaylasdad99 View Post
And it doesn't exactly pay a wage that sets you up for return to the U.S., does it?
Being the father of a Peace Corps volunteer, I can assure you that the paychecks are not large.

However, sir, you should be ashamed of yourself for causing ThelmaLou to try to think like Drumpf.
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Old 06-06-2019, 07:57 AM
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My SIL was in the Peace Corps circa 1975 and maybe things have changed since then but what she got while in-country was food, shelter, and some pocket money. On returning after two years, something less than ten grand was in her account.
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Old 06-06-2019, 02:54 PM
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My SIL was in the Peace Corps circa 1975 and maybe things have changed since then but what she got while in-country was food, shelter, and some pocket money. On returning after two years, something less than ten grand was in her account.
Yes, that's exactly the same as my daughter about 5 years ago. While serving, she got a small stipend each month. Her host family was paid by the Peace Corps to give her room and board. Upon serving the entire 24 months, she received about 12 grand, IIRC. However, she had to serve the full term, otherwise she would have received nothing.
  #18  
Old 06-06-2019, 03:31 PM
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When NYT revealed those ten years worth of tax returns some pundit calculated that Trump had lost $275,000 a day, every day, every week, for the decade. That takes some kind of talent.
Reminds me of the movie Brewster’s Millions, where Richard Pryor inherited money from a rich uncle but as a stipulation of the will, he had to spend $30 million in 30 days to inherit it all ($300M total).

Sounds like Trumpster’s Millions would be pretty easy. He’s pretty close to spending that much already.
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