The Forum > General Discussion > Trump Tipped To Win Election
Trump Tipped To Win Election
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Posted by loudmouth2, Friday, 30 October 2020 2:20:35 PM
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Dear Joe,
Interesting times ahead. Posted by Foxy, Friday, 30 October 2020 3:41:18 PM
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Hi Foxy and Joe
Another complication with the US voting system that I didn't mention is that the US effectively has 50 politised Electoral Committees rather than the one non-partisan Electoral Commission that Australia enjoys. For the US this is usually a minor problem if both candidates are honest. But in 2016 with Trump US intelligence detected considerable hacking of sensitive Democrat records by Russian intelligence. Trump was only too happy to use the Russian info (directly from Russia or from Russia via Wikileaks). The info was used to blacken Hillary's name overall. But also to blackmail members of the Democrat dominated state Electoral Committees and state Democrat candidates. Everyone has an embarrassing past to downplay in some respects. So this helped Trump win the unwinnable 2016 election. In 2020 Russian intelligence has not been idle. Putin wants Trump to remain in office because off Trump's mutually beneficial relationship with Russia going back decades. Trump is US$400 million in debt with much of it owed to Russian friends of Putin or to Putin himself (Putin is worth US$Billions). See just some details of Trump's heavy indebtedness to Russia in my post below. Posted by plantagenet, Friday, 30 October 2020 4:13:09 PM
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Trump is US$100 millions in debt to Russian creditors via Deutsche Bank. But, in association with Putin, the Russian creditors do not call in Trump's debts as long as Trump performs some services beneficial to Russian foreign policy.
http://en.wikipedia.org/wiki/The_Trump_Organization#Financing records Financing of the Trump Organisation "During the property boom of the 1980s, Trump acquired numerous properties and by 1990 owed $4 billion to 72 banks. When the market entered a slump in 1990 that placed the [Trump] Organization at risk of collapse...Trump's casinos later entered bankruptcies... After these incidents, Trump had difficulty borrowing new money from most mainstream financial institutions. Deutsche Bank, which did not have a significant presence on Wall Street during the 1980s, expanded rapidly in the United States during the 1990s, and by the end of the decade had become Trump's primary bank lender. In the process of [Deutsche Bank's] rapid expansion, [Deutsche Bank] engaged in numerous questionable practices, including manipulating currencies and interest rates, laundering billions of dollars for RUSSIAN oligarchs and misleading international bank regulators. [Deutsche Bank] was fined $630 million in 2017 for facilitating a $10 billion RUSSIAN money laundering scheme. [Deutsche Bank] provided Trump with a variety of services including financial instruments designed to shield him from risks and outside scrutiny, and connected Trump to wealthy RUSSIANS who were interested in investing in Western real estate. During the 2000s and 2010s, Trump borrowed $2 billion from [Deutsche Bank], owing [Deutsche Bank] about $360 million in 2016. Trump's eldest son, Donald Jr., was quoted as saying at a 2008 New York real estate conference, "In terms of high-end product influx into the US, RUSSIANS make up a pretty disproportionate cross-section of a lot of our assets...We see a lot of money pouring in from RUSSIA." James Dodson, a golf magazine writer, said that during a 2014 golf game, he asked Trump's son Eric how the [Trump] Organization was funding its golf resort acquisitions, to which Trump responded, "Well, we don’t rely on American banks. We have all the funding we need out of RUSSIA." Eric Trump later denied making the statement." Posted by plantagenet, Friday, 30 October 2020 4:13:19 PM
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Thanks, Pete.
How on earth can anybody go broke owning a casino ? Isn't that little more than a licence to print [dirty] money ? But if Pussy-Man has no more expertise in finance than in medical policy, it should come as no surprise. Joe Posted by loudmouth2, Friday, 30 October 2020 4:22:37 PM
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Hi Pete,
Thanks for that. According to news sources from America - there's so much misinformation being spread currently and the biggest misinformation spreader is - guess who? The president himself! Posted by Foxy, Friday, 30 October 2020 4:37:18 PM
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I suspect that the election will be very close, and just maybe Trumpf will swing the Electoral College vote. That doesn't meet until mid-January to finally decide who should be the next President, and it doesn't have to choose either official candidate. But ofd course, they will.
Biden will get the popular vote, maybe by a bigger margin than Henry Clifton did in 2016, but still may not win the Electoral College vote, which is more crucial. If he loses, then his supporters should cop it and move on, to fight Mike Pence in 2024.
Joe