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struggle4progress

(118,290 posts)
Sat Sep 2, 2017, 07:10 PM Sep 2017

Ghostwriter says President will not pay $1m promised

Chris Baynes

The ghostwriter of Donald Trump's best-selling memoir has said there is "no way" the President will follow through on his pledge to donate $1m .. to Hurricane .. victims ...

Mr Trump, one of wealthiest men to have occupied the Oval Office, has a chequered charitable history and has previously been accused of failing to keep donation promises.

"No way Trump donates $1m of own money to Harvey victims," tweeted Mr Schwartz ...

"He only promises to give. Never actually does" ...

He suggested the President was "worth vastly less than he says" and was "desperate not to have that exposed".

http://www.independent.co.uk/news/world/americas/hurricane-harvey-donald-trump-tony-schwarz-the-art-of-the-deal-trump-ghostwriter-a7925511.html

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Ghostwriter says President will not pay $1m promised (Original Post) struggle4progress Sep 2017 OP
Walter Shaub, former head of ethics, wrote the same thing yesterday. BigmanPigman Sep 2017 #1
Trump's financial history is actually one of borrowing on his properties dixiegrrrrl Sep 2017 #3
Snake Oil Grassy Knoll Sep 2017 #2

BigmanPigman

(51,604 posts)
1. Walter Shaub, former head of ethics, wrote the same thing yesterday.
Sat Sep 2, 2017, 07:17 PM
Sep 2017

Last edited Sun Sep 3, 2017, 12:40 AM - Edit history (1)

If 45 and his family does not steal from a charity it will be a first.

dixiegrrrrl

(60,010 posts)
3. Trump's financial history is actually one of borrowing on his properties
Sat Sep 2, 2017, 11:17 PM
Sep 2017

deals so other people are on the deed.
then he brags on what he owns, right up until a judge gets involved.
Suddenly, he doesn't really own the property, he just licenses his name to them for a fee.

He knows not to take out many personally guaranteed loans unless absolutely necessary.
Which makes sense from a money laundering point of view. Dirty money to buy, clean money to mortgage back to yourself, very common.
It works well as long as the money source does not stop accepting your re-fis.
which most of them had done just before the campaign.

all talk, all promises, no follow thru, takes credit but does nothing.

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