Trump: my dad Fred loaned me $1M to invest, now look how rich I am!

[reagansghost]

A new bombshell report from The New York Times on President Donald Trump's finances questions his claim that he's a self-made billionaire.

The report says that Trump's father lent him about $60 million, far more than the "small loan" of $1 million he claimed during his presidential campaign that he had received.

The Times also found that if Trump had done nothing but invest the money his father gave him in an index fund that tracks the S&P 500, he'd still be worth about $2 billion today.

Overall, Trump received about $413 million in today's dollars from his father's real-estate empire, largely because he helped his parents evade taxes, The Times' report says.


https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html

 

[Cypress]

The report says that Trump's father lent him about $60 million, far more than the "small loan" of $1 million he claimed during his presidential campaign that he had received.

I do not think anyone is even remotely surprised that Trump lies his ass off...relentlessly.

The weird thing about Trump is that he lies even when there is no reason to lie. He lies just for the sake of lying.

That is actually the trait of a sociopath, of a seriously defective human being. .

 

[reagansghost]

also it looks like Trump learned a lot from GWB, tell the GOP base you're a financial wizard who will apply his talents to running gubmint like a uuugely successful corporation, utopia surely awaits

meanwhile Bush went bust on his every venture, was bailed out by daddy's pals whenever needed.....and, the government is not a private enterprise where business practices are applicable anyway

the rubes keep falling for this shit time after time