BarryLaverty Posted April 26, 2020 Share Posted April 26, 2020 This just feels so, so awkward and wrong. Hate to bring it up, but....turns out Trump owes China millions and millions of dollars on a personal level. https://www.yahoo.com/news/donald-trump-reportedly-owes-tens-164121571.html Donald Trump reportedly owes tens of millions to the Bank of China Julian Borger in Washington April 24, 2020, 11:41 AM CDT Photograph: Alex Brandon/AP Donald Trump is reported to owe tens of millions of dollars to China, through a real estate debt which falls due in 2022, offering “astonishing leverage” to Beijing. The debt derives from a 30% share the US president owns in a billion-dollar building on the Avenue of the Americas in Manhattan, which was refinanced in 2012, with $211m of the funding coming from the state-owned Bank of China, Politico reported on Friday. The Chinese debt complicates Trump’s emerging election strategy of portraying his Democratic opponent, Joe Biden, as being soft on China. In a briefing on Saturday, Trump said that “China will own the United States” if Biden was elected in November. Related: Ivanka Trump brand secures China trademarks on day US president met Xi Jinping But China is heavily involved in the Trump business empire. A Chinese state-owned construction company is helping build the Trump World Golf Club in Dubai, and Beijing has awarded trademarks to the president’s daughter, Ivanka. In the past, Ivanka’s husband (and a White House adviser), Jared Kushner, has sought Chinese finance for at least one major real estate deal. The president is a passive minority investor in the 1290 Avenue of the Americas office tower. The main investor is Vornado Realty Trust, which owns 70%. Neither the White House nor the Trump Organization responded to requests for comment. Trump has officially handed over the day-to-day running of his business empire to his sons, but he benefits financially from its profits, producing multiple conflicts of interest. The Trump Organization has recently applied for coronavirus compensation from the government. Trump’s approach to China has alternated between combative and unctuous, particularly in relation to the Chinese president, Xi Jinping, with whom Trump has consistently claimed to have an excellent personal relationship. Trump tweeted on 24 January, in the early stages of the pandemic: “China has been working very hard to contain the Coronavirus. The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!” “I study Beijing’s influence on America, and this is the most problematic conflict of interest I’ve seen,” Isaac Stone Fish, a senior fellow at the Asia Society, wrote on Twitter. “The Bank of China is a state-owned bank, controlled by China’s State Council, the country’s major administrative body, chaired by the Premier Li Keqiang. “The leverage this presents is astonishing. What if the Bank of China cancels the loan, or requires Trump to pay it back earlier?” Fish asked. “Is this why Trump often praises Chinese Chairman Xi Jinping? Does this cause him to temper his policies or his public remarks? This raises so many questions.” Link to comment Share on other sites More sharing options...
Youngcoach123 Posted April 26, 2020 Share Posted April 26, 2020 This is just a grasp to stretch something in existence. “The leverage this presents is astonishing.“ yea it’s not. He owns 30% and China owns 211m of the total debt. Link to comment Share on other sites More sharing options...
Sportsfanatic1 Posted April 26, 2020 Share Posted April 26, 2020 Yahoo again Barry? Please get a credible source so we can try and read some truth in it. Link to comment Share on other sites More sharing options...
BarryLaverty Posted April 26, 2020 Author Share Posted April 26, 2020 48 minutes ago, NATUREBOY98 said: unprecedented Good word. You cut to it as always! Link to comment Share on other sites More sharing options...
BarryLaverty Posted April 26, 2020 Author Share Posted April 26, 2020 23 minutes ago, Sportsfanatic1 said: Yahoo again Barry? Please get a credible source so we can try and read some truth in it. The Guardian is a British daily newspaper. It was founded in 1821 as The Manchester Guardian, and changed its name in 1959. Along with its sister papers The Observer and The Guardian Weekly, The Guardian is part of the Guardian Media Group, owned by the Scott Trust. Wikipedia 1 Link to comment Share on other sites More sharing options...
BoyzNdaHood Posted April 26, 2020 Share Posted April 26, 2020 Not surprised..... biggest liar to ever be elected, does deals with these ppl for his own benefits in the long run... he has all these ppl fooled thinking he is "making America great again" .... Link to comment Share on other sites More sharing options...
BoyzNdaHood Posted April 26, 2020 Share Posted April 26, 2020 6 minutes ago, NATUREBOY98 said: Bigger liar than Dubya? You were right. Nothing but nookie on your brain in high school. Thank God I don't feel guilty for electing this corrupt baztard Link to comment Share on other sites More sharing options...
Youngcoach123 Posted April 26, 2020 Share Posted April 26, 2020 8 hours ago, BoHogg said: Will the gentleman yield.....lol China grants Trump family 18 trademarks in 2 months - Breitbart China grants Ivanka Trump 5 trademarks amid trade ... - Breitbart Ann Coulter: Trump and China: a Love Story - Breitbart China approves 13 new Ivanka Trump trademarks ... - Breitbart Michelle Malkin: Questions about State Department's 'China ... Michelle Malkin: Which 'American People' Approved State ... The Ann Coulter article is very good compilation of Trumps short comings. But even Ann puts a lot of blame on his staff. But all good reads. Thanks for the links 1 Link to comment Share on other sites More sharing options...
DB2point0 Posted April 26, 2020 Share Posted April 26, 2020 12 hours ago, NATUREBOY98 said: This type of thing is unprecedented because, for the most part, presidents have been career politicians. You always compare him to a gangster Barry. Mafia bosses don’t pay their loan sharks. They tell them to go f themselves. I’m hoping Trump acts like a gangster that you claim him to be. Donald Trump May owe them money, but the position of POTUS owes them absolutely nothing. When they call in that debt it’ll be called in to trumps business 1 Link to comment Share on other sites More sharing options...
Youngcoach123 Posted April 26, 2020 Share Posted April 26, 2020 Ivanka Trump closed her fashion brand in July. Her representatives assert that trademark filings are a normal business practice and are needed to protect her name from copycats seeking to capitalize on her fame. Link to comment Share on other sites More sharing options...
Youngcoach123 Posted April 26, 2020 Share Posted April 26, 2020 4 minutes ago, DB2point0 said: Donald Trump May owe them money, but the position of POTUS owes them absolutely nothing. When they call in that debt it’ll be called in to trumps business Debt would be called to majority ownership or the fund. Fund manager would then divide interest amongst owners of fund. to which trumps business would owe 63mil. Multi billionaire mind you. Not a lot of leverage. Very thin hit piece by yahoo 1 Link to comment Share on other sites More sharing options...
KirtFalcon Posted April 26, 2020 Share Posted April 26, 2020 1 hour ago, Youngcoach123 said: Debt would be called to majority ownership or the fund. Fund manager would then divide interest amongst owners of fund. to which trumps business would owe 63mil. Multi billionaire mind you. Not a lot of leverage. Very thin hit piece by yahoo Liberal news sites continually try to make mountains out of molehills when it comes to these "hit pieces" about the Trump family they continue to throw out to their gullible minions .... Link to comment Share on other sites More sharing options...
BarryLaverty Posted April 26, 2020 Author Share Posted April 26, 2020 Millions to Trump don't matter? So, why did he use charity funds to buy paintings if himself? Set up a fake university? Lend his name to buildings he doesn't own? Appoint people to positions of power because of their campaign contributions? Enact policy meant to enrich himself and his minion children? Jack up prices at Mar-A-Lago to the Secret Service? Violate the emoluments clause relentlessly with his properties to make a buck? He is constantly on the hunt for a buck, and rather than do the normal Mob route and work in 'sanitation' or construction', he is operating out of the White House. He is in bed with China and Russia, and that would end anyone else in his position. 2 Link to comment Share on other sites More sharing options...
BoyzNdaHood Posted April 26, 2020 Share Posted April 26, 2020 1 minute ago, BarryLaverty said: Millions to Trump don't matter? So, why did he use charity funds to buy paintings if himself? Set up a fake university? Lend his name to buildings he doesn't own? Appoint people to positions of power because of their campaign contributions? Enact policy meant to enrich himself and his minion children? Jack up prices at Mar-A-Lago to the Secret Service? Violate the emoluments clause relentlessly with his properties to make a buck? He is constantly on the hunt for a buck, and rather than do the normal Mob route and work in 'sanitation' or construction', he is operating out of the White House. He is in bed with China and Russia, and that would end anyone else in his position. Short answer, "he's a businessman" thats their defense for this clown...... im the judge and have reached my verdict, guilty of all charges and 2020 he will serve time once he's booted out the whitehouse and all his lil puppets turn on him from keeping their own azz out the stoney lonesome 1 Link to comment Share on other sites More sharing options...
BarryLaverty Posted April 26, 2020 Author Share Posted April 26, 2020 Just now, JETT said: stoney lonesome Like that phrase a lot! Link to comment Share on other sites More sharing options...
BoyzNdaHood Posted April 26, 2020 Share Posted April 26, 2020 2 minutes ago, BarryLaverty said: Like that phrase a lot! Perfect phrase for a once in your lifetime clown... by the way got it from watching "SpongeBob" with my lil boy lol... Link to comment Share on other sites More sharing options...
DannyZuco Posted April 26, 2020 Share Posted April 26, 2020 13 hours ago, JETT said: Not surprised..... biggest liar to ever be elected, does deals with these ppl for his own benefits in the long run... he has all these ppl fooled thinking he is "making America great again" .... Like in the last thread, just another lie, you can't prove anything wrong was done, yet you back a guy like Biden, who admitted to extortion on television, and you have the nerve to call President Trump the biggest liar, I am guessing you weren't alive during the obama years. SMFH, SSDD!!!!! 1 Link to comment Share on other sites More sharing options...
Youngcoach123 Posted April 26, 2020 Share Posted April 26, 2020 1 hour ago, BarryLaverty said: Millions to Trump don't matter? So, why did he use charity funds to buy paintings if himself? Set up a fake university? Lend his name to buildings he doesn't own? Appoint people to positions of power because of their campaign contributions? Enact policy meant to enrich himself and his minion children? Jack up prices at Mar-A-Lago to the Secret Service? Violate the emoluments clause relentlessly with his properties to make a buck? He is constantly on the hunt for a buck, and rather than do the normal Mob route and work in 'sanitation' or construction', he is operating out of the White House. He is in bed with China and Russia, and that would end anyone else in his position. Lol Link to comment Share on other sites More sharing options...
BoyzNdaHood Posted April 26, 2020 Share Posted April 26, 2020 1 hour ago, DannyZuco said: Like in the last thread, just another lie, you can't prove anything wrong was done, yet you back a guy like Biden, who admitted to extortion on television, and you have the nerve to call President Trump the biggest liar, I am guessing you weren't alive during the obama years. SMFH, SSDD!!!!! So biden admitted his wrongdoings? Thats exactly what we need in the whitehouse not a liar and all his lil puppets carrying his sack for him Link to comment Share on other sites More sharing options...
BoyzNdaHood Posted April 26, 2020 Share Posted April 26, 2020 I'll be the first to say that I have issues with biden, just not as many as I do with trump... id rather have anyone with a pulse in their other than this clown Link to comment Share on other sites More sharing options...
Sportsfanatic1 Posted April 26, 2020 Share Posted April 26, 2020 16 hours ago, BarryLaverty said: This just feels so, so awkward and wrong. Hate to bring it up, but....turns out Trump owes China millions and millions of dollars on a personal level. https://www.yahoo.com/news/donald-trump-reportedly-owes-tens-164121571.html Donald Trump reportedly owes tens of millions to the Bank of China Julian Borger in Washington April 24, 2020, 11:41 AM CDT Photograph: Alex Brandon/AP Donald Trump is reported to owe tens of millions of dollars to China, through a real estate debt which falls due in 2022, offering “astonishing leverage” to Beijing. The debt derives from a 30% share the US president owns in a billion-dollar building on the Avenue of the Americas in Manhattan, which was refinanced in 2012, with $211m of the funding coming from the state-owned Bank of China, Politico reported on Friday. The Chinese debt complicates Trump’s emerging election strategy of portraying his Democratic opponent, Joe Biden, as being soft on China. In a briefing on Saturday, Trump said that “China will own the United States” if Biden was elected in November. Related: Ivanka Trump brand secures China trademarks on day US president met Xi Jinping But China is heavily involved in the Trump business empire. A Chinese state-owned construction company is helping build the Trump World Golf Club in Dubai, and Beijing has awarded trademarks to the president’s daughter, Ivanka. In the past, Ivanka’s husband (and a White House adviser), Jared Kushner, has sought Chinese finance for at least one major real estate deal. The president is a passive minority investor in the 1290 Avenue of the Americas office tower. The main investor is Vornado Realty Trust, which owns 70%. Neither the White House nor the Trump Organization responded to requests for comment. Trump has officially handed over the day-to-day running of his business empire to his sons, but he benefits financially from its profits, producing multiple conflicts of interest. The Trump Organization has recently applied for coronavirus compensation from the government. Trump’s approach to China has alternated between combative and unctuous, particularly in relation to the Chinese president, Xi Jinping, with whom Trump has consistently claimed to have an excellent personal relationship. Trump tweeted on 24 January, in the early stages of the pandemic: “China has been working very hard to contain the Coronavirus. The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!” “I study Beijing’s influence on America, and this is the most problematic conflict of interest I’ve seen,” Isaac Stone Fish, a senior fellow at the Asia Society, wrote on Twitter. “The Bank of China is a state-owned bank, controlled by China’s State Council, the country’s major administrative body, chaired by the Premier Li Keqiang. “The leverage this presents is astonishing. What if the Bank of China cancels the loan, or requires Trump to pay it back earlier?” Fish asked. “Is this why Trump often praises Chinese Chairman Xi Jinping? Does this cause him to temper his policies or his public remarks? This raises so many questions.” Politico Edits False Story Claiming Trump Owes Millions to China3850 1 1 Link to comment Share on other sites More sharing options...
DAWG91 Posted April 26, 2020 Share Posted April 26, 2020 Well well looks like Barry's peddling fake news propaganda again. 2 Link to comment Share on other sites More sharing options...
DaveTV1 Posted April 26, 2020 Share Posted April 26, 2020 1 hour ago, DAWG91 said: Well well looks like Barry's peddling fake news propaganda again. Yet they said Trump had Russian collusion that I never saw. The MSM is in collusion with the Communist/Socialist/Democrats but that's okay, because to them we're not America, we're 'Merica. Link to comment Share on other sites More sharing options...
DAWG91 Posted April 26, 2020 Share Posted April 26, 2020 42 minutes ago, DaveTV1 said: Yet they said Trump had Russian collusion that I never saw. Reality matters not with these folks. Link to comment Share on other sites More sharing options...
DannyZuco Posted April 27, 2020 Share Posted April 27, 2020 10 hours ago, JETT said: So biden admitted his wrongdoings? Thats exactly what we need in the whitehouse not a liar and all his lil puppets carrying his sack for him SMFH!!!!!! Link to comment Share on other sites More sharing options...
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