tag:blogger.com,1999:blog-16355954.post1765840442974425169..comments2024-03-28T08:57:53.180+00:00Comments on Darwinian Conservatism by Larry Arnhart: The Rhetorical Myth of Trump the Self-Made Billionaire: The New York Times Does It AgainLarry Arnharthttp://www.blogger.com/profile/14619785331100785170noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-16355954.post-52218964308058530812020-10-08T23:10:59.678+01:002020-10-08T23:10:59.678+01:00These two articles are illuminating on Trump's...These two articles are illuminating on Trump's personally guaranteed debts and the potential conflicts of interest if he is re-elected: <br /><br />https://www.vox.com/21472063/trump-tax-returns-debts-owes-money<br /><br />https://www.motherjones.com/politics/2020/06/donald-trump-loans-deutsche-bank/<br /><br /><br />"The Washington Post’s David Fahrenthold has reported that, between 2006 and 2014, Trump made a major change in the way he did business: He started dropping large amounts of cash to buy and develop certain properties, rather than relying on loans. Most notably, Trump bought and renovated a golf course in Turnberry, Scotland, for over $200 million — for which he paid entirely in cash.<br /><br />The Trumps have claimed they simply had the cash on hand for this. But the New Yorker’s Adam Davidson doesn’t buy it.<br /><br />“The portfolio of assets that Trump owns does not suggest that he would have so much money that he can casually spend a few hundred million on a whim,” Davidson wrote in 2018.<br /><br />“There simply isn’t enough money coming into Trump’s known business to cover the massive outlay he spent on Turnberry.” Davidson has gone on to suggest that Trump’s expensive purchases like this may truly have been “on behalf of others” — that he was laundering money for some shady wealthy foreigners.<br /><br />We don’t know where the hundreds of millions in cash Trump used for Turnberry and these other properties came from, and there’s no hard evidence that it was connected to money laundering. But Trump hasn’t given a convincing explanation for this, so it remains an unresolved mystery."<br /><br />.Anonymousnoreply@blogger.com