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Trump’s $400 million personal debt is a threat to national security: experts

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Donald Trump (AFP)

On Monday, PBS NewsHour and the Associated Press reported that ethics experts are broadly concerned that President Donald Trump’s $400 million personal debt — disclosed in the tax returns obtained by The New York Times — pose a threat to national security.

“Trump, according to his latest financial disclosure statement, reported that he had 14 loans on 12 properties,” said the report. “One lender, Germany-based Deutsche Bank, continued to do business with Trump even after he defaulted in 2008 on a loan for his Chicago hotel and condo development. Trump filed suit against the bank and others whom he blamed for his inability to repay. But Deutsche Bank’s private banking division continued to lend to Trump, including $125 million to finance the purchase and renovation of his Doral golf resort in 2012, according to previous disclosures.”

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The big problem, experts said, is that such loans could be giving Trump an incentive to choose the interests of his creditors over the national interest.

“Americans should be concerned about the president’s debt because it’s a national security risk for our country,” said Citizens for Responsibility and Ethics in Washington deputy director Donald Sherman. “This is information that the president has aggressively and repeatedly tried to keep away from the public.” Former Bush White House Counsel Richard Painter agreed, adding, “Why would banks assume the risk on these loans? Or did someone else quietly assume risk of that loan for the bank to make it happen?”

Trump has insisted that this level of debt is not unusual among people in his field, insisting that he is “extremely under leveraged.” However, his decision to maintain his holdings in his business empire at all was controversial from the start, raising fears of conflicts of interest.


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Seth Meyers says Trump is so checked out he sounds like he’s already packing his stuff

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President Donald Trump's closing message on his 2020 campaign career appears to be "'60 Minutes' was mean to me," and he doesn't really want to be in the White House anymore, said Seth Meyers during his "Closer Look" segment Wednesday.

Speaking about Trump's recent decision to walk out of a "60 Minutes" interview, Myers noted that it doesn't appear that Trump's heart is really in it anymore. Apparently, presidenting is no longer for once you start getting indicted.

"You can almost picture him on the other end of the phone in the White House packing his things in a cardboard box, not really paying attention, making half-hearted sh*t up because he knows it's what they want to hear," said Meyers.

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2020 Election

Armed guards at Florida polling site say they were sent by the Trump campaign

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Two armed men set up a tent outside of an early voting location in St. Petersberg, Florida, saying that they were the Trump campaign.

"The Sheriff [Bob Gualtieri] told me the persons that were dressed in these security uniforms had indicated to sheriff's deputies that they belonged to a licensed security company and they indicated, and this has not been confirmed yet, that they were hired by the Trump campaign," said Pinellas County Supervisor of Elections Julie Marcus.

"The sheriff and I take this very seriously," Marcus said. "Voter intimidation, deterring voters from voting, impeding a voter's ability to cast a ballot in this election is unacceptable and will not be tolerated in any way shape, or form. So we anticipated many things going into this election. Not only cybersecurity, but physical security, and we had a plan in place and executed that plan."

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Suicides never actually went up under COVID-19 as Trump suggested: report

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President Donald Trump has spent the better part of the past several months justifying the reopening despite the COVID-19 pandemic by saying that people are dying whether it was from the coronavirus or something else.

“I mean, we have never closed the country before, and we have had some pretty bad flus, and we have had some pretty bad viruses" Trump said at a Fox News town hall in March. “You’re going to have suicides by the thousands.”

“People get tremendous anxiety and depression, and you have suicides over things like this when you have terrible economies. You have death," he said at a press briefing that same month. "Probably and — I mean, definitely — would be in far greater numbers than the numbers that we’re talking about with regard to the virus.”

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