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DonViejo

(60,536 posts)
Fri Apr 20, 2018, 08:50 AM Apr 2018

Uncovered Tape Shows Trump Lying to Get Onto Forbes 400 List

Source: The Daily Beast



A tape recorded in 1984 appears to show Donald Trump impersonating a Trump Organization official and lying about his wealth in order to get onto the Forbes 400 ranking of America’s wealthiest people. Posing as “John Barron”—an alter-ego name Trump frequently used with reporters—the now-president insisted he had almost complete control of his father’s real-estate empire and should be called a billionaire rather than a millionaire. In The Washington Post on Thursday, journalist Jonathan Greenberg wrote: “When I recently rediscovered and listened, for first time since that year, to the tapes I made of this and other phone calls, I was amazed that I didn’t see through the ruse: Although Trump altered some cadences and affected a slightly stronger New York accent, it was clearly him.” Greenberg suspected a lot of the assertions from “John Barron” were untrue, but said Forbes’ estimations of Trump’s wealth ($100m) proved to be well beyond what he actually had in the bank ($5m). Neither the White House or the Trump Organization responded to questions about the uncovered tape.

READ IT AT THE WASHINGTON POST

Read more: https://www.thedailybeast.com/uncovered-tape-shows-trump-lying-to-get-onto-forbes-400-list?ref=home

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Uncovered Tape Shows Trump Lying to Get Onto Forbes 400 List (Original Post) DonViejo Apr 2018 OP
and yes 60 million mikeysnot Apr 2018 #1
Please meet the 45th* potus SayItLoud Apr 2018 #2
Liar Liar Pants on fire!!! Nt SWBTATTReg Apr 2018 #3
What a phony C_U_L8R Apr 2018 #4
Fake billionaire, fake president dalton99a Apr 2018 #5
This freaking LIAR is destroying our country UpInArms Apr 2018 #6
He's broke. Corgigal Apr 2018 #7
The coin of the realm in Trumplandia? DemoTex Apr 2018 #8
And people wonder why he won't release a few years of taxes......... Bengus81 Apr 2018 #9
Nobody mentioned this when Trump had the billion dollar casino loss NewJeffCT Apr 2018 #11
as seen on twitter, barbtries Apr 2018 #18
He's also a fake person pandr32 Apr 2018 #31
Wait till David Dennison hears about this lying scumbag republican Achilleaze Apr 2018 #10
Epitomizes America Roy Rolling Apr 2018 #12
You mean our president would lie Soxfan58 Apr 2018 #13
Trump is not as rich as he claims Gothmog Apr 2018 #14
Alter Ego Name. Firestorm49 Apr 2018 #15
It blows my mind that he's been a known asshole his whole life IronLionZion Apr 2018 #16
I'm more amazed that every single contractor in NYC and NYS and the Northeast.... machoneman Apr 2018 #21
True story about fake news Major Nikon Apr 2018 #17
Trump lying Turbineguy Apr 2018 #19
Wow! What a shocker. Kurt V. Apr 2018 #20
What's $95M between ... aggiesal Apr 2018 #22
But he's broke for tax purposes ? rickford66 Apr 2018 #23
Really! gilligan Apr 2018 #24
So one more piece of evidence that tRump is a low down, lying scumbag. Grammy23 Apr 2018 #25
Republican party will always support their president & vote again for him too. Sunlei Apr 2018 #27
The current President has always been a liar, perfect match with Republicans fox-lies TV state TV. Sunlei Apr 2018 #26
I'm afraid that's not Trump. You've fallen for FAKE NEWS The King of Prussia Apr 2018 #28
His surname has got him over for many years.... SummerSnow Apr 2018 #29
Baron Trump, of course. muntrv Apr 2018 #30
Wait for it... Fritz Walter Apr 2018 #32
Greenberg was on a morning show. I was glad to see that. riversedge Apr 2018 #33
I hope this is worth noting. BobTheSubgenius Apr 2018 #34
In sum, Trump was worth less than $5 million, not the $100 million that I reported in the first Forb riversedge Apr 2018 #35

dalton99a

(81,515 posts)
5. Fake billionaire, fake president
Fri Apr 20, 2018, 09:02 AM
Apr 2018
https://www.washingtonpost.com/outlook/trump-lied-to-me-about-his-wealth-to-get-onto-the-forbes-400-here-are-the-tapes/2018/04/20/ac762b08-4287-11e8-8569-26fda6b404c7_story.html

Trump lied to me about his wealth to get onto the Forbes 400. Here are the tapes.
Posing as ‘John Barron,’ he claimed he owned most of his father’s real estate empire.
By Jonathan Greenberg | April 20 at 5:30 AM

In May 1984, an official from the Trump Organization called to tell me how rich Donald J. Trump was. I was reporting for the Forbes 400, the magazine’s annual ranking of America’s richest people, for the third year. In the previous edition, we’d valued Trump’s holdings at $200 million, only one-fifth of what he claimed to own in our interviews. This time, his aide urged me on the phone, I needed to understand just how loaded Trump really was.

The official was John Barron — a name we now know as an alter ego of Trump himself. When I recently rediscovered and listened, for first time since that year, to the tapes I made of this and other phone calls, I was amazed that I didn’t see through the ruse: Although Trump altered some cadences and affected a slightly stronger New York accent, it was clearly him. “Barron” told me that Trump had taken possession of the business he ran with his father, Fred. “Most of the assets have been consolidated to Mr. Trump,” he said. “You have down Fred Trump [as half owner] .?.?. but I think you can really use Donald Trump now.” Trump, through this sockpuppet, was telling me he owned “in excess of 90 percent” of his family’s business. With all the home runs Trump was hitting in real estate, Barron told me, he should be called a billionaire.

At the time, I suspected that some of this was untrue. I ran Trump’s assertions to the ground, and for many years I was proud of the fact that Forbes had called him on his distortions and based his net worth on what I thought was solid research.

But it took decades to unwind the elaborate farce Trump had built to project an image as one of the richest people in America. Nearly every assertion supporting that claim was untrue. Trump wasn’t just poorer than he said he was. Over time I have learned that he should not have been on the first three Forbes 400 lists at all. In our first-ever list, in 1982, we included him at $100 million, but Trump was actually worth roughly $5 million — a paltry sum by the standards of his super-monied peers — as a spate of government reports and books showed only much later.

Bengus81

(6,931 posts)
9. And people wonder why he won't release a few years of taxes.........
Fri Apr 20, 2018, 09:09 AM
Apr 2018

This phony POS is a SHAM billionaire. Just like this FAKE President,he's a FAKE billionaire.

NewJeffCT

(56,828 posts)
11. Nobody mentioned this when Trump had the billion dollar casino loss
Fri Apr 20, 2018, 09:26 AM
Apr 2018

on his taxes and because of that, he paid no taxes for the next 20 years... the point is that Trump could only use that billion dollar loss to offset profits in the future. So, over the next 20 years, his total earnings did not exceed $1 billion for all 20 years combined. If Trump was a master businessman and made $2 billion the next year, he would use that entire $1 billion loss to offset the $2 billion and he would have no more loss to carry forward. So, his earnings averaged out to less than $50 million/year for the last 20 or so years.



pandr32

(11,588 posts)
31. He's also a fake person
Fri Apr 20, 2018, 11:45 AM
Apr 2018

He constantly takes on an alias to speak to reporters and to also speak directly to the public via on-air phone calls he makes as a non-existent person.
He is a complete fraud.

Roy Rolling

(6,917 posts)
12. Epitomizes America
Fri Apr 20, 2018, 09:39 AM
Apr 2018

The country has practically worshipped wealth since the first episodes of "Lifestyles of the Rich and Famous".

It was a corrupt game, many of us didn't play, but the winner of that con game is Donald Trump, the biggest and best con man of them all.

To those who worshipped wealth, he carved himself into a golden idol and they bowed down.

Firestorm49

(4,035 posts)
15. Alter Ego Name.
Fri Apr 20, 2018, 09:57 AM
Apr 2018

Cute, but an alias is an alias. If it looks like an alias, and smells like an alias, chances are, that’s all that it is.

IronLionZion

(45,450 posts)
16. It blows my mind that he's been a known asshole his whole life
Fri Apr 20, 2018, 10:04 AM
Apr 2018

and people still fall for his blatant lies. Yeah sure he's going to bring back lots of great coal and manufacturing jobs and rebuild our infrastructure, wall first! He tells the people he's fabulously wealthy and tells the IRS he's too broke to pay taxes.



machoneman

(4,007 posts)
21. I'm more amazed that every single contractor in NYC and NYS and the Northeast....
Fri Apr 20, 2018, 10:38 AM
Apr 2018

in general didn't boycott his many projects for lack of paying up.

How stupid that they took his work knowing full well he never just pays the bill!

gilligan

(194 posts)
24. Really!
Fri Apr 20, 2018, 11:01 AM
Apr 2018

Who gives a FUCK. The liar in Chief is what he is. A fraud a fake a con. Always has been always will be. Unfortunately some of the America people
Fell for it. Now we all pay the price.

Grammy23

(5,810 posts)
25. So one more piece of evidence that tRump is a low down, lying scumbag.
Fri Apr 20, 2018, 11:06 AM
Apr 2018

How many pieces have to be found before his whole scheme falls apart? Apparently, a LOT more for his fawning worshipers to fall out of love with him. It’s a sad thing when it can be shown (with or without his tax returns) that he is a lowdown liar and he wouldn’t know the truth if it bit him on the ass. It might take a bit of backward looking investigation to find the information, such as his applications for casinoes to figure out his scams, but it can be done. People like David Kay Johnson have been telling us for ages that he is not nearly as rich as he claims. But he manages to keep the outer trappings of wealth (penthouse living, golf courses, limosenes and personal jets) that the ordinary rubes believe his tall tales of fabulous wealth. The people in the know in NYC know the truth and that is why he is such an outsider there in social circles. He has to lie and scam his way there, too.

It still blows my mind that he can get away with the lies and scams he pulls on the American people day after day, even when the truth is available in not too difficult ways. I imagine after all these years of living this way, it comes second nature to him to utter lie after lie with such ease. With no conscience to guide him (as most sociopaths function), he has NO GUILT that would eat away at the rest of us. It is only as the flames of a burning truth come close to revealing the ugly story behind his claims get closer and closer to him that he shows even the slightest hint of nerves. My hope is that Mueller’s investigation will put to rest, once and for all, the vast over estimation of tRump’s wealth and will also explain the lengths he has gone to in order to maintain the illusion of his fortune. It is complicated in many respects but basically comes down to his ability to lie and stick to that lie no matter what it takes.

Sunlei

(22,651 posts)
27. Republican party will always support their president & vote again for him too.
Fri Apr 20, 2018, 11:09 AM
Apr 2018

Mueller is probably not enough to charge the worse of the Republican "Leadership" traitors.

SummerSnow

(12,608 posts)
29. His surname has got him over for many years....
Fri Apr 20, 2018, 11:34 AM
Apr 2018

He doesn't pay workers, he hires migrant workers so he can cheat them out of money, always getting sued.He hires lawyers and won't pay them either.

Fritz Walter

(4,291 posts)
32. Wait for it...
Fri Apr 20, 2018, 11:49 AM
Apr 2018

When — not if — he lies in testimony to Mueller and other FBI investigators, he will commit a felony. One that cannot be ignored.

BobTheSubgenius

(11,564 posts)
34. I hope this is worth noting.
Fri Apr 20, 2018, 11:56 AM
Apr 2018

Tex evasion is what brought down Al Capone. Oddly, he had a lot of support from idiots, as well.

riversedge

(70,242 posts)
35. In sum, Trump was worth less than $5 million, not the $100 million that I reported in the first Forb
Fri Apr 20, 2018, 12:18 PM
Apr 2018

Simple crook--that is Trump



...The most revelatory document describing Trump’s true net worth in the early ’80s was a 1981 report from the New Jersey Casino Control Commission. O’Brien obtained a copy for his book. Trump had applied for an Atlantic City casino license, and regulators were able to review his tax returns and personal and corporate debt, giving them the most accurate picture of his finances. They found that he had an income of about $100,000 a year, while his 1979 tax returns showed a $3.4 million taxable loss. Trump’s personal assets consisted of a $1 million trust fund that Fred Trump provided to each of his children and grandchildren, a few checking accounts with about $400,000 in them and a 1977 Mercedes 450SL. Nowhere did the report list an ownership stake in the Trump Organization’s residential apartments. Trump also possessed a few parcels of valuable but highly leveraged real estate, financed with $22.5 million in debt, all of it secured by his father’s assets. He did not own a safe deposit box or stocks in publicly traded companies. In sum, Trump was worth less than $5 million, not the $100 million that I reported in the first Forbes 400.

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