Now we know when Donald Trump first started getting his hands on Russian money
Bill Palmer | 9:21 am EDT May 7, 2018 Palmer Report »
Despite having billions of dollars in assets, Donald Trump is broke. His assets are canceled out by crushing debt. His income goes to debt service, so he has no cash on hand. He’s spent years sinking further and further into debt. Specifically, he went bust in the 2008 economic crash and never recovered. Now we know that right around the time he hit rock bottom financially, he began dealing almost entirely in cash he didn’t officially have.
In a stunning new revelation that goes a long way to explaining everything, it turns out that right around the time Trump’s finances went completely into the toilet, he suddenly abandoned his lifelong habit of buying properties with borrowed money, and instead he began buying properties with cash. Lots of it. In fact the Washington Post is reporting that he’s used the better part of a half a billion dollars in cash over the past nine years to buy up properties. Here’s the thing: broke people don’t have that kind of cash.
The WaPo isn’t willing to say it, but we will: Trump had to have gotten that sudden influx of secret cash from Russia. No one gives a broke real estate magnate that big of a wad of cash so he can go on a real estate spending spree. That kind of thing just doesn’t happen, unless, say, Vladimir Putin saw it as an opportunity to turn Trump into an indebted puppet so he could later exploit it in the political arena.
Now all that’s left is to uncover how the Russians were funneling this money to Donald Trump. Once that’s exposed, the gig will be up. For all we know, Special Counsel Robert Mueller may already have it all pieced together. Perhaps this is the real reason Trump went the entire weekend without his usual arrogant tweeting.
palmerreport.com
In 2008, Donald Jr. told investors in Moscow that “Russians make up a pretty disproportionate cross-section of a lot of our assets,” while Eric reportedly told a golf reporter in 2014 that the Trump Organization was able to expand during the financial crisis because “We don’t rely on American banks. We have all the funding we need out of Russia.”
themoscowproject.org
“So when I got in the cart with Eric,” Dodson says, “as we were setting off, I said, ‘Eric, who’s funding? I know no banks—because of the recession, the Great Recession—have touched a golf course. You know, no one’s funding any kind of golf construction. It’s dead in the water the last four or five years.’ And this is what he said. He said, ‘Well, we don’t rely on American banks. We have all the funding we need out of Russia.’ I said, ‘Really?’ And he said, ‘Oh, yeah. We’ve got some guys that really, really love golf, and they’re really invested in our programs. We just go there all the time.’
vanityfair.com |
