Posted 12 June 2018 - 11:10 PM
Ok, I’ll give this one more volley but it is really getting old. First, try reading the thread. The response about fudging numbers came when the tariff numbers I provided from the government website were disregarded by another member because anyone can fudge numbers. I didn’t accuse anyone of fudging numbers.
The best net worth info I can find comes from politifact. It states that the trump organization was worth about 40 million in 1974. Some say higher some say lower. Using an online calculation from DQYDJ financial, the average rate of return for the S&P from May 74 -May 18 was 11.2%. Again, with a simple online calculator, 40,000,000 at 11.2% with reinvested dividends and no further cash investment becomes $4,055,389,540. Estimates of his current net worth vary widely.
The diversion you threw about P&L numbers for Mar a lago again missed the point - profiting from the presidency isn’t customary. I keep hearing about Obama’s and Hillary- they are not relevant to the discussion. Trump is president. He ran for the office. It comes with conditions -no matter what path you took to get there. We will shortly have an answer as to whether laws were broken, but I certainly see nothing even vaguely resembling draining the swamp going on. So far the witch hunt has apparently produced several witches. Time, and only time, will tell. If someday there are charges against previous administrations so be it - that’s what our system of justice is for. I know, I know, the storm is coming. But as of today it’s not even sprinkling.
In terms of frequency of posting, I really don’t remember politics being as omnipresent as it is now. I’ve been a long time member but really prefer to learn from others by reading rather than posting. It’s gotten pretty deep lately though. As I said in an earlier post, McDonalds doesn’t trash Burger King because they know it destroys the category. In this case America and Americans are the category. Tribalism is an issue on both sides of the political aisle. I hope we soon tire of it.