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Foreign bank denied Trump a massive loan during the 2016 campaign fearing he would win and then default: report

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President Donald Trump sought — and was denied — a loan worth tens of millions during the 2016 presidential campaign, The New York Times reported Saturday.

Trump is a purported billionaire, but has refused to release his tax returns, so the degree of his wealth remains in doubt.

During the campaign, the newspaper said he “was burning through cash.”

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“It was early 2016, and he was lending tens of millions of dollars to his presidential campaign and had been spending large sums to expand the Trump Organization’s roster of high-end properties,” The Times explained. “To finance his business’s growth, Mr. Trump turned to a longtime ally, Deutsche Bank, one of the few banks still willing to lend money to the man who has called himself ‘The King of Debt.'”

Due to his reputation for declaring bankruptcy and defaulting on debt, American banks had largely refrained from extending him credit.

Officials at Deutsche Bank worried Trump’s “divisive campaign” made the loan risky, according to three sources.

“Among their concerns was that if Mr. Trump won the election and then defaulted, Deutsche Bank would have to choose between not collecting on the debt or seizing the assets of the president of the United States,” The Times explained.

House Intelligence Committee Chair Adam Schiff and Finance Committee Chair Maxine Waters have both said they will investigate Deutsch Bank’s loans to Trump.

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Deutsch Bank has reportedly loaned the Trump Organization more than $2.5 billion over 17 years.


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2020 Election

Intel official who briefed lawmakers on latest Russian meddling targeted for ouster by Trump White House: CNN

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During a discussion on the war on the intelligence community being waged by the Donald Trump's White House, CNN host Victor Blackwell stated that sources speaking with the network stated that the intel official who briefed lawmakers for both parties on new efforts by Russia to meddle in U.S. elections could be on the way out.

Speaking with contributor Lynn Sweet, Blackwell asked about the so-called "purge" being conducted by the White House.

"It sends the signal once again that President Trump is not a respecter of the United States intelligence services with the bigger issue that a permanent director has not been in that office since last summer when Dan Coates was forced out," Sweet explained. "This is a key position, subject to Senate confirmation and Trump hasn't seen fit to have a permanent director for months now."

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2020 Election

Trump’s latest national security adviser is undercutting FBI Director Wray to quash report of new Russian meddling: report

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In a scorching column for the Daily Beast, historian David Rothkopf accused Donald Trump's latest national security director, Robert O'Brien, of undercutting the United States intelligence services and uses his comments about recent reports of new Russian election meddling to make the case that he is contradicting FBI Director Christopher Wray to please the president.

According to Rothkopf, "For just over a century, since America arrived as a major force on the global stage, we have feared that should our enemies defeat us, it would be on the battlefield or via a devastating nuclear onslaught. We never could have imagined that an enemy might take another approach altogether: infecting us with a presidential virus who this week gutted our national security leadership structures like a fish."

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Decoding the Christian paradox: Evangelical historian explains how right-wingers ignore Jesus to support a corrupt and greedy president

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To quote the bumper sticker: "What would Jesus do?"

Assuming that he existed and held the views imputed to him, Jesus Christ would not support Donald Trump.

Donald Trump's behavior, values, policies and their consequences are the opposite of what Jesus Christ represented. Trump has put migrants and refugees in cages and delighted in their suffering. He feels contempt for the poor, the sick, the vulnerable and the needy. He has lied at least 16,000 times. He is corrupt and wildly greedy.

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