My Dad Gave Me A Small Loan of A Million Dollars....It Has Not Been Easy

[the_human_being]

I'm still trying to figure out why I should care that Trump's dad loaned him money....

It illustrates Donald Trump's lack of good business sense when he could have taken that money invested it in the stock market and enjoyed a fortune many, many, times than would he ended up with by using his business acumen. Wharton didn't do him any good at all.

Not everyone does the same thing. I never played the stock market. I depended upon my own self and my own business - not someone else's business.

 

[Conservative65]

He forgot to mention the $200 MILLION Fred left to him or that Fred made his money thanks to government programs.

He'll probably talk about those facts tomorrow.

Reminds me of when Mittens told people to just borrow from their daddy like he did.

This also doesn't take into consideration being raised ultra-wealthy with an education that is not reachable by most Americans.

So? Are you pissed because his Dad could loan him a million dollars or are you pissed because he had to pay it back? Why are you pissed. Get it off your mind. Let us all know.

Well I'm not pissed at all, the U.S has almost 10 million millionaires this is not a rare occurrence. I just think his comment "It hasn't been easy" is a bewildering statement for someone who got a pretty huge step up in 1974.

You just noted that there are 10 million millionaires in the U.S. How many of those people with over a million have turned it into over $10 billion?

What you sleazy dishonest turds keep pretending not to understand is that Trump wasn't whining about being poor. He was pointing out that it's not easy to build a $10 billion dollar fortune. It's an impressive achievement. It's not the result of "privilege."

Forbes says the $10 billion is a Trump exaggeration, just as it was in 1990 when he exaggerated his net worth at $500 million while having a worth of $200 million. There are 536 billionaires who likely got there partly by the generous tax cuts that never trickle down to the middle class. It's an impressive achievement only if you overlook his $200 million head start, his tax advantages and his families generosity when he got into trouble.

Likely got there?

Would you believe me if I said the poor likely got there due to the choices they made in life?

That is the truth. Most all of us came from very poor beginnings. My Father and Mother were below the poverty level. I swore to myself that I was going to be a success and got an engineering degree and started my own business. I know a lot of guys who simply learned a trade very well, went into business and some of them are very wealthy now. The American Dream can still be obtained if one only has the desire to reach for it.

My family's background consists of working the cotton mills of the South or coal mines of W. Virginia. My parents wanted better despite the fact that their parents were honorable, hard working people. They did things to better themselves that provided a chance for their children to do the same. It's a cycle they started, passed down, is being passed down again by me just like many in poverty live in a cycle created and perpetuated by those in it.

 

[nuhuh]

Wow, what a hard luck story. If Donald had only inherited $100 million I can't imagine the pain he would have to endure. This ranks right up there with Mitt Romney quotes about asking your parents for a loan to start a business. One thing's for sure....Donald didn't build that.

"As Donald Trump tells it, he has been told no his entire life. For example, he said Monday, his father gave him a "small loan of a million dollars" that he had to repay with interest at the start of his career.

“Oh many times. I’ve been told no by him. My whole life, really has been a no," the Republican presidential candidate said during a town hall event in Atkinson, New Hampshire, on NBC's "Today."


“It has not been easy for me. It has not been easy for me. I started off in Brooklyn. My father gave me a small loan of a million dollars," Trump remarked. "I came into Manhattan, and I had to pay him back, and I had to pay him back with interest. But I came into Manhattan and I started buying properties, and I did great."


Read more: Trump: My dad gave me a 'small loan' of a million dollars

It's all relative isn't it. Trump got a million and turned it into 9 billion. You got $200 and you're now on food stamps...get the picture?

If you're going to be a smartass, First you have to be smart. Otherwise like you, you end up just an ass.

 

[the_human_being]

[

He forgot to mention the $200 MILLION Fred left to him or that Fred made his money thanks to government programs.

He'll probably talk about those facts tomorrow.

Reminds me of when Mittens told people to just borrow from their daddy like he did.

This also doesn't take into consideration being raised ultra-wealthy with an education that is not reachable by most Americans.

So? Are you pissed because his Dad could loan him a million dollars or are you pissed because he had to pay it back? Why are you pissed. Get it off your mind. Let us all know.

Well I'm not pissed at all, the U.S has almost 10 million millionaires this is not a rare occurrence. I just think his comment "It hasn't been easy" is a bewildering statement for someone who got a pretty huge step up in 1974.

You just noted that there are 10 million millionaires in the U.S. How many of those people with over a million have turned it into over $10 billion?

What you sleazy dishonest turds keep pretending not to understand is that Trump wasn't whining about being poor. He was pointing out that it's not easy to build a $10 billion dollar fortune. It's an impressive achievement. It's not the result of "privilege."

Forbes says the $10 billion is a Trump exaggeration, just as it was in 1990 when he exaggerated his net worth at $500 million while having a worth of $200 million. There are 536 billionaires who likely got there partly by the generous tax cuts that never trickle down to the middle class. It's an impressive achievement only if you overlook his $200 million head start, his tax advantages and his families generosity when he got into trouble.

Likely got there?

Would you believe me if I said the poor likely got there due to the choices they made in life?

Some of them yes, but then they weren't likely handed a million dollars at 22 years old.

Really tears you up, doesn't it?

 

[nuhuh]

I'm still trying to figure out why I should care that Trump's dad loaned him money....

It illustrates Donald Trump's lack of good business sense when he could have taken that money invested it in the stock market and enjoyed a fortune many, many, times than would he ended up with by using his business acumen. Wharton didn't do him any good at all.

Not everyone does the same thing. I never played the stock market. I depended upon my own self and my own business - not someone else's business.

Donald Trump took the money and played his father's game, he could have done much, much, better playing the market. It goes to business sense.

 

[the_human_being]

I'm still trying to figure out why I should care that Trump's dad loaned him money....

It illustrates Donald Trump's lack of good business sense when he could have taken that money invested it in the stock market and enjoyed a fortune many, many, times than would he ended up with by using his business acumen. Wharton didn't do him any good at all.

Not everyone does the same thing. I never played the stock market. I depended upon my own self and my own business - not someone else's business.

Donald Trump took the money and played his father's game, he could have done much, much, better playing the market. It goes to business sense.

He could have lost it all in the stock market too.

 

[bripat9643]

Wow, what a hard luck story. If Donald had only inherited $100 million I can't imagine the pain he would have to endure. This ranks right up there with Mitt Romney quotes about asking your parents for a loan to start a business. One thing's for sure....Donald didn't build that.

"As Donald Trump tells it, he has been told no his entire life. For example, he said Monday, his father gave him a "small loan of a million dollars" that he had to repay with interest at the start of his career.

“Oh many times. I’ve been told no by him. My whole life, really has been a no," the Republican presidential candidate said during a town hall event in Atkinson, New Hampshire, on NBC's "Today."


“It has not been easy for me. It has not been easy for me. I started off in Brooklyn. My father gave me a small loan of a million dollars," Trump remarked. "I came into Manhattan, and I had to pay him back, and I had to pay him back with interest. But I came into Manhattan and I started buying properties, and I did great."


Read more: Trump: My dad gave me a 'small loan' of a million dollars

Smart father, teaching his son responsibility thus preparing him for financial independence going into adulthood.

From your post:

"For example, he said Monday, his father [Trump's] gave him a "small loan of a million dollars" that he had to repay with interest at the start of his career."

The lesson of course was "You didn't build that"

That's the lesson you're trying to put over on us: "Trump didn't build that."

It's bullshit, of course, just like every other liberal lesson.

Sent from my SM-G928V using Tapatalk

 

[bripat9643]

Wow, what a hard luck story. If Donald had only inherited $100 million I can't imagine the pain he would have to endure. This ranks right up there with Mitt Romney quotes about asking your parents for a loan to start a business. One thing's for sure....Donald didn't build that.

Trump: My dad gave me a 'small loan' of a million dollars

The company I work at used to be family owned. As each "kid" reached 21, they were given a million dollars. True Story.

The gall of those to have the wherewithal to help their kids and then do so!

What nerve!

Not for nothing, but isn't the whole idea of hard work, self-sacrifice and the success they might bring the basis of the American dream?

Sheesh!

And back in the day our greatest generation decided those with more would pay a little more to help the poor and create a middle class.

Just another example of those not doing the paying deciding that someone else they believed had too much should be forced to do so.

All depends on the way you look at things. If you are a greedy selfish bastard, you are correct. If you are a patriot and humanitarian and a liberal progressive, we would see things an entirely different way.

And explaining it to you would be an exercise in futility.

The terms "progressive" and "patriot" are mutually exclusive.

Sent from my SM-G928V using Tapatalk

 

[the_human_being]

Well I'm not pissed at all, the U.S has almost 10 million millionaires this is not a rare occurrence. I just think his comment "It hasn't been easy" is a bewildering statement for someone who got a pretty huge step up in 1974.

You just noted that there are 10 million millionaires in the U.S. How many of those people with over a million have turned it into over $10 billion?

What you sleazy dishonest turds keep pretending not to understand is that Trump wasn't whining about being poor. He was pointing out that it's not easy to build a $10 billion dollar fortune. It's an impressive achievement. It's not the result of "privilege."

Forbes says the $10 billion is a Trump exaggeration, just as it was in 1990 when he exaggerated his net worth at $500 million while having a worth of $200 million. There are 536 billionaires who likely got there partly by the generous tax cuts that never trickle down to the middle class. It's an impressive achievement only if you overlook his $200 million head start, his tax advantages and his families generosity when he got into trouble.

Likely got there?

Would you believe me if I said the poor likely got there due to the choices they made in life?

That is the truth. Most all of us came from very poor beginnings. My Father and Mother were below the poverty level. I swore to myself that I was going to be a success and got an engineering degree and started my own business. I know a lot of guys who simply learned a trade very well, went into business and some of them are very wealthy now. The American Dream can still be obtained if one only has the desire to reach for it.

My family's background consists of working the cotton mills of the South or coal mines of W. Virginia. My parents wanted better despite the fact that their parents were honorable, hard working people. They did things to better themselves that provided a chance for their children to do the same. It's a cycle they started, passed down, is being passed down again by me just like many in poverty live in a cycle created and perpetuated by those in it.

I guess I'm a one of those hated capitalists too then. I just turned my business over to my three children. I'm finishing up one last project and coming home for good next March. If one can't leave something for his children, what's the point of it all?

 

[Conservative65]

I'm still trying to figure out why I should care that Trump's dad loaned him money....

It illustrates Donald Trump's lack of good business sense when he could have taken that money invested it in the stock market and enjoyed a fortune many, many, times than would he ended up with by using his business acumen. Wharton didn't do him any good at all.

Not everyone does the same thing. I never played the stock market. I depended upon my own self and my own business - not someone else's business.

Donald Trump took the money and played his father's game, he could have done much, much, better playing the market. It goes to business sense.

Donald Trump is worth $9 billion. If he started with that $1 million and turned it into $9 billion, that's a 9000% return. I would say he played the game well.

 

[nuhuh]

I'm still trying to figure out why I should care that Trump's dad loaned him money....

It illustrates Donald Trump's lack of good business sense when he could have taken that money invested it in the stock market and enjoyed a fortune many, many, times than would he ended up with by using his business acumen. Wharton didn't do him any good at all.

Not everyone does the same thing. I never played the stock market. I depended upon my own self and my own business - not someone else's business.

Donald Trump took the money and played his father's game, he could have done much, much, better playing the market. It goes to business sense.

He could have lost it all in the stock market too.

Not if he went S&P.

 

[nuhuh]

Wow, what a hard luck story. If Donald had only inherited $100 million I can't imagine the pain he would have to endure. This ranks right up there with Mitt Romney quotes about asking your parents for a loan to start a business. One thing's for sure....Donald didn't build that.

"As Donald Trump tells it, he has been told no his entire life. For example, he said Monday, his father gave him a "small loan of a million dollars" that he had to repay with interest at the start of his career.

“Oh many times. I’ve been told no by him. My whole life, really has been a no," the Republican presidential candidate said during a town hall event in Atkinson, New Hampshire, on NBC's "Today."


“It has not been easy for me. It has not been easy for me. I started off in Brooklyn. My father gave me a small loan of a million dollars," Trump remarked. "I came into Manhattan, and I had to pay him back, and I had to pay him back with interest. But I came into Manhattan and I started buying properties, and I did great."


Read more: Trump: My dad gave me a 'small loan' of a million dollars

Smart father, teaching his son responsibility thus preparing him for financial independence going into adulthood.

From your post:

"For example, he said Monday, his father [Trump's] gave him a "small loan of a million dollars" that he had to repay with interest at the start of his career."

The lesson of course was "You didn't build that"

That's the lesson you're trying to put over on us: "Trump didn't build that."

It's bullshit, of course, just like every other liberal lesson.

Sent from my SM-G928V using Tapatalk

He didn't build that he was gifted that.

 

[Uncensored2008]

Shoot......................woulda been nice if my family had given me a million dollars when I graduated.

Instead, they told me my plate was going to be broke when I turned 18, meaning as soon as I was an adult, I had to fend for myself.

So, I joined the Navy and spent the next 20 years earning my pension so that I could retire.

Too bad Donald the Chump had it so hard, he should have joined the military like I did and become lower middle class.

You joined the navy at 18, and retired after 20 years?

So, you retired at 38? That was your working career?

 

[nuhuh]

You just noted that there are 10 million millionaires in the U.S. How many of those people with over a million have turned it into over $10 billion?

What you sleazy dishonest turds keep pretending not to understand is that Trump wasn't whining about being poor. He was pointing out that it's not easy to build a $10 billion dollar fortune. It's an impressive achievement. It's not the result of "privilege."

Forbes says the $10 billion is a Trump exaggeration, just as it was in 1990 when he exaggerated his net worth at $500 million while having a worth of $200 million. There are 536 billionaires who likely got there partly by the generous tax cuts that never trickle down to the middle class. It's an impressive achievement only if you overlook his $200 million head start, his tax advantages and his families generosity when he got into trouble.

Likely got there?

Would you believe me if I said the poor likely got there due to the choices they made in life?

That is the truth. Most all of us came from very poor beginnings. My Father and Mother were below the poverty level. I swore to myself that I was going to be a success and got an engineering degree and started my own business. I know a lot of guys who simply learned a trade very well, went into business and some of them are very wealthy now. The American Dream can still be obtained if one only has the desire to reach for it.

My family's background consists of working the cotton mills of the South or coal mines of W. Virginia. My parents wanted better despite the fact that their parents were honorable, hard working people. They did things to better themselves that provided a chance for their children to do the same. It's a cycle they started, passed down, is being passed down again by me just like many in poverty live in a cycle created and perpetuated by those in it.

I guess I'm a one of those hated capitalists too then. I just turned my business over to my three children. I'm finishing up one last project and coming home for good next March. If one can't leave something for his children, what's the point of it all?

I'm not criticizing that, I'm criticizing Trump saying it was a small loan 47 years ago and that it was hard.

 

[nuhuh]

I'm still trying to figure out why I should care that Trump's dad loaned him money....

It illustrates Donald Trump's lack of good business sense when he could have taken that money invested it in the stock market and enjoyed a fortune many, many, times than would he ended up with by using his business acumen. Wharton didn't do him any good at all.

Not everyone does the same thing. I never played the stock market. I depended upon my own self and my own business - not someone else's business.

Donald Trump took the money and played his father's game, he could have done much, much, better playing the market. It goes to business sense.

Donald Trump is worth $9 billion. If he started with that $1 million and turned it into $9 billion, that's a 9000% return. I would say he played the game well.

Donald Trump is worth $4 billion he started with $1 million and then $199million on top of that.I'd say it would be hard not to do well with that kind of gift.

 

[bripat9643]

You'll have to excuse me if I don't shed a tear for those claiming not to have had it 'easy' despite being winners in the ovarian lottery. There is nothing wrong with coming from a wealthy family and gaining an inheritance but act don't like you really struggled.

Trump isn't whining that he was poor, you petulant dolt. He's pointing out that he built his fortune through his own efforts, and it was not an easy task.

Now go back to your sleazy dishonest spinning.

Sent from my SM-G928V using Tapatalk

 

[blastoff]

Damn! Why couldn't Trump get his money the old-fashioned way like from his daddy's bootlegging business a la president Kennedy, or marrying fabulously wealthy woman like presidential wannabe Kerry, or maybe chasing ambulances like the philandering Johnny Edwards?

 

[bripat9643]

I'm still trying to figure out why I should care that Trump's dad loaned him money....

They're promoting get the "Trump didn't build that" narrative.

Sent from my SM-G928V using Tapatalk

 

[nuhuh]

Damn! Why couldn't Trump get his money the old-fashioned way like from his daddy's bootlegging business a la president Kennedy, or marrying fabulously wealthy woman like presidential wannabe Kerry, or maybe chasing ambulances like the philandering Johnny Edwards?

Because being a slum lord is far more profitable.

 

[bripat9643]

I'm still trying to figure out why I should care that Trump's dad loaned him money....

It illustrates Donald Trump's lack of good business sense when he could have taken that money invested it in the stock market and enjoyed a fortune many, many, times than would he ended up with by using his business acumen. Wharton didn't do him any good at all.

If it's so easy, then why aren't you rich?

Sent from my SM-G928V using Tapatalk