Why are Americans blind to the danger of Trump and his hideous life of government dependency.

Trump is not an engineer. He is not an architect. There are engineers and architects that make money by doing work for Trump, but, it is probably only them that actually get paid. 

Trump was and always has been and still is a slum lord. The buildings are fancier now, but, they are all in financial failure.

There were two financial institutions involved with Trump's defaulted hotel. Deutsche Bank and Fortress Investment Group. Deutsche Bank wanted to be a good partner to the USA and while I do not believe they were babes in the woods, the idea they had the business of a famous American in Trump was part of their focus in hopes of a larger player in the USA.

Deutsche Bank was involved in money laundering to keep it's head above water. There were all these nefarious characters that came to rescue the bank from bad Trump loans. There is just no ending to this mess. As Trump became more and more of a problem for those that actually trusted his promises it becomes clear that Trump has no guiderails or stops. 

As far as I am concerned the "forgiven" debt is due to Russian influence. Russia holds power over Trump. There is no doubt in that. Trump panders to these boys. As soon as Trump was in office last time, the Kushners became involved corruptly with China (click here). Jarad Kushner walked away with fists full of cash from Saudi Arabia (click here). Is there any reason Jarad and MBS were fast friends? I can only come to the conclusion Trump's love letters to Kim Jong Un (click here) was to begin another international leader that could be tapped for money.

But, the relationship with  Deutsche Bank resulted in hardship for the bank. It ultimately exposed the corruption being conducted. But, the real beauty comes when one realizes Trump's promises to Fortress Investment Group. Fortress NEVER provided discharge of any of the debt owed by Trump. Fortress was forced to accept their loss. No surprise there. Trump has a huge reputation of financial failure. But, he doesn't care so to maintain his lifestyle he allows people to attach others to him that will ultimately bring power to them. The Saudis today own the golf industry. Just stop thinking Trump is an honest dealer in the world. He is not. OTHERS LEVERAGE HIM FOR POWER.

The travels (click here) of Treasury Secretary Steven Mnuchin

...On November 30, (click here) President-elect Donald Trump announced his pick for Secretary of Treasury: Goldman Sachs alum Steven Mnuchin, who was identified in a statement from Trump's team as chairman and co-CEO of “one of the country’s premier investment firms." What the announcement failed to mention is that the firm, Dune Capital Management, a hedge fund that had $2.5 billion in assets in 2006, filed papers with the U.S. securities regulator to shut down in 2013. It's difficult, if not impossible, to be a premier investment firm today if, as the filing indicates, Dune Capital Management returned funds to investors three years ago....

Trump owed Mnuchin $300 million of anticipated returns on the money lent to him. Mnuchin became his Treasury Secretary. Mnuchin's signature is all over our USA currency. It is corrupt as hell!

Why are Americans this gullible again? This is nothing but pure corruption. Trump is not capable of governance. He has so many people looking to leverage him he has to be a dictator to get it all done. This is delusional. Trump is dangerous to our country's stability and reputation.

...Mr. Trump (click here) also went to Fortress Investment Group, a hedge fund and private equity company, for $130 million. This was a so-called mezzanine loan, which meant that it would be repaid only after the Deutsche Bank debt had been satisfied. Because of the greater risk, the Fortress loan came with a double-digit interest rate. The agreement with Fortress also required Mr. Trump’s 401 Mezz Venture to pay a $49 million “exit fee” when it repaid the loan....

...Before Mr. Trump defaulted, Fortress had expected to receive more than $300 million from his company: the $130 million in principal and roughly $185 million in anticipated interest and fees.

But Fortress and its partners — including Mr. Mnuchin’s Dune Capital, as well as Cerberus Capital Management, whose co-chief executive, Stephen A. Feinberg, would become a major Trump fund-raiser and go on to lead a White House advisory panel — quickly realized they wouldn’t ever collect that full amount.

Ultimately, Fortress settled for $48 million, which Mr. Trump wired to the firm in March 2012, according to people familiar with the deal.

The forgiven debts showed up in Mr. Trump’s tax returns. For 2010, Mr. Trump’s 401 Mezz Venture reported about $181 million in canceled debts. Two years later, DJT Holdings, an umbrella company that the Chicago project had been folded into, reported that another $105 million of debt had been forgiven. Most of that appears to reflect the unpaid Fortress sum....

...In many ways, it repeated a pattern that had played out more than a decade earlier at Mr. Trump’s Atlantic City casinos: a cycle of defaulting on debts and then persuading already-burned lenders to cut him a break....

...At that time, the Chicago loans were only one element of the relationship between Deutsche Bank and Mr. Trump. Ms. Vrablic’s team also lent Mr. Trump’s company $125 million for work on his Doral golf resort in Florida and up to $170 million to transform the Old Post Office building in Washington into a luxury hotel. Mr. Trump personally guaranteed those loans, too...

...The problems intensified in 2020, as the coronavirus forced restaurants, including Mr. Trump’s in Chicago, to close. The Trump family sought financial relief from Deutsche Bank among others.

The bank offered to let Mr. Trump’s companies pause interest payments on their loans. The Trump Organization decided the bank’s proposal was insufficiently generous and turned it down.

The loans come due in 2023 and 2024.