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The US has $36 trillion in debt and will need to borrow $2 trillion in 2025. Trump's economic plan involves three levers. First, cut $1 trillion in expenses by targeting waste and fraud, such as Social Security payments to 50-year-olds. Second, increase revenue by $1-2 trillion through tariffs, raising them from $50 billion to a $500 billion target. The US is the biggest customer on earth, and current tariffs are unfair. Tariff changes will incentivize building factories in the US, creating jobs and attracting foreign investment. Revenue will also increase through deregulation and a "gold card" offering US residency for $5 million, potentially generating $1 trillion if 100,000 people buy it. Third, reduce taxes. If the US cuts $1 trillion in waste and adds $1-2 trillion in revenue, it will have a surplus, allowing for individual tax cuts for those earning over $1,500 and a corporate tax reduction from 21% to 15%. This would make the US one of the most business-attractive countries.

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In the early 1990s, Trump’s Atlantic City Holdings and other ventures dragged down his business empire, leading to bankruptcy. To secure a bailout, he was aided by Wilbur Ross, who later became commerce secretary under Trump. At that time, Wilbur Ross represented the Rothschild banking interests. The Rothschilds, specifically the Wall Street mergers and acquisitions arm they opened in the 1980s, were responsible for bringing Robert Maxwell to New York. The narrative asserts that Trump, as a business icon, would not have existed beyond the early 1990s if it weren’t for the Rothschild banking interests, which are described as having extensive affiliations with people in the Epstein network. The transcript links Epstein’s financial crimes to currency speculation described by the New York Times as a “currency speculation cabal,” and names individuals such as Jamie Goldsmith as being backed by the Rothschilds, as well as George Soros, whose Quantum Fund in the late 1960s was bankrolled by French Rothschild interests. The account emphasizes a long and storied history between the Rothschild family and Zionism, including the establishment of the state of Israel, and portrays the Rothschilds as major patrons of that cause. It concludes by suggesting that the Rothschilds have had substantial influence over Trump, asserting that Trump owes them a great deal. Overall, the narrative draws a chain of connections: the Rothschild banking interests’ influence helped shape Trump’s rise and persistence as a prominent business figure, with Wilbur Ross’s bailout role in the 1990s serving as a pivotal link, and various high-profile financial networks—Epstein-related cohorts, currency speculation participants, and financiers like Jamie Goldsmith and George Soros—being connected to Rothschilds. It also foregrounds the Rothschilds’ historical ties to Zionism and the establishment of Israel as part of their influence, asserting that these relationships have translated into ongoing sway over Trump.

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Donald Trump stated the idea for Trump Tower came about three years prior because the site was available, and he wanted to do something great. He said the economic situation for that location had always been strong, even when the country's economic conditions were not good, so they took a risk. Trump said they didn't have problems, but they had to be careful spending money on the finest materials, which added to the risk. He said he'd love to do something like it again, but he'll never be given the opportunity because they'll never be able to have that kind of location again. When asked about affordable design, Trump said it's difficult without federal government help due to high interest rates. He said he is most pleased with the public's acceptance and the great reviews the building has received.

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In this interview, Donald Trump discusses his popularity and wealth. He claims that most people love him and he speaks his mind. When asked about his net worth, he says he has no idea but suggests that each person in the audience could be worth $1 million. He owns four casinos and believes real estate brings in more money than the casinos. Trump refuses to disclose his wealth but hints that he could be worth $1 billion. He talks about his childhood and how he enjoys what he does. He criticizes New York City Mayor Ed Koch for his incompetence and mismanagement. Trump also expresses his frustration with other countries taking advantage of the United States. He mentions that he may not run for president but believes someone needs to address these issues.

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Fred Christ Trump, Donald Trump's father, was born in the Bronx in 1905 to German American parents. Due to the World Wars, Fred spent much of his life pretending to be Swedish and only admitted to being German American in the 1980s. The family changed their name from Trump to Trump to distance themselves from their German heritage. After his father died from the Spanish flu, Fred became the man of the house as a teenager. At 18, he started his real estate career with an $800 loan from his mother, smaller than the $1 million loan Donald received from him. Fred used the $800 to buy a home in Queens, sold it for $7,000, and continued repeating this process.

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New York City was losing population, welfare and crime were increasing, and companies were leaving. During that time, the city lost 40 to 50 headquarters companies. Donald Trump invested time and money into an area that others were leaving. Donald Trump, in his early twenties, spotted the rundown Commodore Hotel. To buy it and finance renovations, he needed a large tax break from New York City. The Commodore Hotel was obsolete and about to shut down.

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Trump's former butler of almost 20 years claims Trump is one of the nicest, most generous men he's ever known. After Trump's divorce from Ivana, Trump asked if he needed four butlers. The butler said he only needed one as long as it was him, and Trump told him to get rid of the other three. The butler states Trump sleeps maybe three or four hours a night, and his suits had to be pristine.

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Throughout his career, Donald Trump has shown acts of kindness, such as helping Ed McMahon when he was in financial distress. Trump even paid off someone's mortgage after they helped him when his limo broke down. Despite wanting to keep this side of him hidden to maintain his image, Trump admits that he enjoys helping people and loves doing so whenever he can. He feels fortunate to have the means to assist others and genuinely enjoys the act of helping people.

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Before his presidential candidacy and reality TV fame, Donald Trump cultivated a public persona in the 1980s as a New York tabloid figure. He aimed to be both funny and demeaning, arrogant yet relatable. This involved picking fights, including a battle with New York City Mayor Ed Koch. Trump launched a competitor to the NFL, the US Football League, and then sued the NFL when the USFL failed, winning only $1 in damages. He also fought media mogul Merv Griffin over an Atlantic City casino. Trump cultivated speculation about his future, including a full-page ad in major newspapers in 1987 that resembled a political manifesto. He commented on America's wealth, saying the country is losing $200 billion a year and should take over other countries' oil. Despite some finding his personality distasteful, Trump played the role of an unpredictable bully, ensuring he couldn't be ignored. Trump claimed he is portrayed in a rougher sense than he actually is. Attacks against him only reinforced the version of himself he wanted people to see, keeping him in the news.

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Donald Trump is facing a case in New York where he is accused of inflating property values to get better loan terms. However, a Deutsche Bank executive testified that it is common for clients to overstate their net worth and that the bank does its own due diligence. Another executive stated that the bank has benefited from its business relationship with Trump and wants to continue it. This contradicts the civil fraud case against Trump. The executive also mentioned that no one was harmed by the alleged overestimates of Trump's worth. This situation is getting more intense.

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I'm a billion dollars in debt. You're a billion in debt. Is that all in real estate, or did you use debt to buy gold mines as well? No. I used debt in real estate. Let's say I buy a property. I finance it. Then we refinance it. We borrow out the equity with the refinance equity about the gold mine. And guess what pays for the debt? This. And I still own the gold mine. And that's why I went to tons of gold. So the smartest guys on earth are real estate guys like Trump, you, and me. We borrow this to buy this that buys this apartment house, buys that. It's called finance. Yeah.

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In New York, Donald Trump was ordered to pay $350 million for taking loans for real estate deals, not fraud. Kevin O'Leary explains that developers often borrow based on inflated property values, a common practice. The banks involved were satisfied, but New York still penalized Trump. The issue isn't about Trump but the system's integrity being jeopardized for political gain.

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Trump owes $355,000,000 in debt with daily interest, but no victims or financial losses were involved. New York is demanding payment, creating a hostile business environment. The judge's ruling allows confiscation of assets without checks and balances, seen as election interference and treason. Truck drivers and Grant Cardone are boycotting New York businesses in response to these actions, which are viewed as evil.

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When the economy and the real estate market plummeted in 1990, attorney Alan Pomerantz says Trump owed $4,000,000,000 to his debtors, including that billion dollars for which he was personally responsible. Because he personally guaranteed so much debt, the leverage shifted dramatically over to the banks because it was no longer an issue of a bank and a piece of real estate. It was a bank and Donald Trump's actual survival. Trump owed money all over town to 72 banks in all. Pomerantz represented them as a group. How close was he to going personally bankrupt? Very. Trump makes a point of saying he never went personally bankrupt, but there's a reason why the banks decided to keep Trump whole. We made the decision that he would be worth more alive to us than dead. Dead meaning in bankruptcy. Bankruptcy. We want him out in the world selling these assets for us. So you wanted him alive because he was a salesman and could best sell his own properties? That's correct. We kept him alive to help us.

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During the 1990 downturn, attorney Alan Pomerantz says Trump owed $4,000,000,000 to his debtors, including that billion dollars for which he was personally responsible. Trump owed money all over town to 72 banks in all, and Pomerantz represented them as a group. How close was he to going personally bankrupt? Very. The banks decided to keep Trump whole, "We made the decision that he would be worth more alive to us than dead. Dead meaning in bankruptcy. We want him out in the world selling these assets for us." So you wanted him alive because he was a salesman and could best sell his own properties? "That's correct. We kept him alive to help us."

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Rudy Giuliani has filed for bankruptcy after being ordered to pay $146 million for defaming two former Georgia election workers. He listed $1 million owed to the IRS and $150 million in other debt. Creditors will now try to collect what they can, but the judgment cannot be discharged in bankruptcy. Giuliani can appeal, but he would need to post a bond equivalent to the judgment amount. His defamatory statements during the trial have also led to a separate lawsuit filed by the women he defamed.

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Known as Donald j Trump, he recalls bidding on the renovation and rebuilding of this very United Nations complex for $500,000,000, saying it would be beautiful. He described the offerings: "marble floors," vs "terrazzo," and "You're gonna have mahogany walls." "They're gonna give you plastic." They chose a direction "much more expensive at the time, and which actually produced a far inferior product." He said they did not know what they were doing in construction and that their building concepts were wrong and the product would be costly. He predicted overruns, and says they had "massive cost overruns" and spent between 2 and $4,000,000,000 on the building and did not even get the marble floors that I promised them.

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Trump faces a deadline to post a $454 million bond in the New York Attorney General Leticia James case. Trump claims he did nothing wrong and questions why he should have to sell his properties due to a ruling from a corrupt New York judge and attorney general. He says these are rigged cases coordinated by the White House and DOJ for election interference and that he will take the fight to the Supreme Court if necessary. Trump says he can technically afford the bond with nearly $500 million in cash, but doesn't want to give his money to a rogue judge. Options include appealing the decision, selling properties or Truth Social shares (though there's a freeze on those shares), or seeking help from investors. James has threatened to freeze his bank and brokerage accounts, collect rent, and seize his New York properties, including Trump Tower and Trump National Golf Club. Trump believes the hush money case should be dismissed.

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Donald Trump faced reprimands in court as he defended himself against allegations of fraud in the valuation of his properties. The judge had already determined fraud amounting to $250 million. The focus shifted to potential damages, with Trump being questioned about the evaluation process. Tensions escalated when the judge accused Trump of evading questions and going off on tangents. Trump responded, calling the trial unfair and hoping the public was watching. His legal team argued that he was not given a fair chance to be heard. This highly politicized trial raises questions about Trump's value as a businessman, which has been a key factor in his political appeal. Chris Christie, a Republican candidate and critic of Trump, shared his assessment of the proceedings.

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In 1995, New York City was broke and so was the Veterans Day parade. Donald Trump, a businessman at the time, donated $200,000 to save the parade. He also convinced his wealthy friends and big businesses in New York to contribute, resulting in over $3 million raised. On November 11, 1995, the city witnessed one of its largest Veterans Day parades with more than 500,000 attendees. Trump's actions showed his patriotism, support for the troops, and willingness to step up when others wouldn't. Despite the media's negative portrayal, this incident reveals a different side of Trump.

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Today marked the start of the third week in the trial against Donald Trump and the Trump Organization. Testimony came from two current employees: an assistant vice president and a hotel division executive. The assistant vice president, responsible for Trump's financial statements, confirmed that Allen Weisselberg indicated Trump wanted his net worth inflated. The hotel executive, a certified public accountant, used these financial statements for reporting to Scottish authorities. He stated that Trump had over $290 million in cash equivalents, but later admitted this figure was likely overstated and he wouldn't have reported it had he known it was inaccurate. The defendants have built their business on falsehoods, and as the judge noted, false statements cannot be used in business.

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New York Attorney General Letitia James stated that if Trump cannot pay the over $300 million in penalties from his civil fraud trial, they will seek court enforcement to seize his assets. This includes significant properties like 40 Wall Street. Trump will need to post a bond within the next 25 days, which involves cash and rights to some properties. He has the option to appeal the verdict, but ultimately, he must pay whatever amount is determined. If he cannot provide the cash, prosecutors will proceed to seize and liquidate his assets to satisfy the judgment owed to the state of New York.

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In Atlantic City, Donald Trump acquired three casinos. Despite the risk of overexpansion, he continued to build and enlarge his brand, attracting numerous banks. By the time the banks realized he was nearly a billion dollars in debt, he had become too big to foreclose on.

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Donald Trump discusses various topics including his real estate ventures, his family, his views on politics, and his opinions on various issues. He talks about his success in the real estate industry, his dislike for rent control, his criticism of Mayor Koch, and his belief that the US is being taken advantage of by other countries. He also mentions his charitable donations and his decision not to run for political office. Overall, he expresses his strong opinions and his desire to be successful in business. (134 words)

Johnny Harris

The REAL Story of Donald Trump
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Donald Trump, born in Queens, New York, was influenced by his father, Fred Trump, a successful real estate developer. Fred instilled in Donald a drive to win and a work ethic, sending him to military school, where he thrived. Trump’s aggressive personality emerged early, as he sought recognition and attention. After college, he joined his father's business but faced a significant lawsuit from the DOJ for racial discrimination in housing, which he fought fiercely without admitting wrongdoing. Transitioning to Manhattan, Trump revitalized the city’s real estate, building iconic structures like Trump Tower, while crafting a larger-than-life persona. His ability to sell a fantasy became central to his brand, leveraging media attention and tabloid coverage to maintain his image. Despite numerous failed ventures, including an airline and various products, Trump’s marketing skills kept him in the public eye. His reality TV show, "The Apprentice," rejuvenated his brand, leading to his presidential run in 2016. Trump’s approach combines a relentless pursuit of recognition with a willingness to challenge norms, raising concerns about his impact on democracy as he faces legal challenges while campaigning for re-election.
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