The Hill: How Much Money Does The Trump Organization Owe Russia and China?

The following is an excellent article written by Jim Slattery on The Hill website on October 21, 2016 titled “How Much Money Does The Trump Organization Owe Russia and China?” and I quote:

“How much money does The Trump Organization owe Russia and China?”

How much money does The Trump Organization owe Russia and China?
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Americans do not know the extent of Donald Trump’s business relations with Russia or China, but we need to know.

In 2008, Donald Trump Jr. — the GOP nominee’s son and the VP for Development for The Trump Organization — told attendees at a real estate conference in New York City that “Russians make up a pretty disproportionate cross-section of a lot of our assets. We see a lot of money pouring in from Russia.” Americans need to know how much money has poured into The Trump Organization from Russia and from whom. Sergei Millian, the president of the U.S. Russian Chamber of Commerce and friend of Trump, claims in 2016 the figure is in the hundreds of millions.

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Russians are not the only American adversaries to support Trump’s business. The state-owned Central Bank of China has loaned Trump hundreds of millions of dollars. The New York Times has reported that American companies owned by Trump have at least $650 million in debt and the Bank of China is among the lenders. Voters need to know how much Trump and his businesses owe Chinese banks as well as Russian oligarchs.On the campaign trail Trump has praised Russian President Vladimir Putin while hiring pro-Russian advisers to fill top campaign positions. Paul Manafort served as Trump’s campaign chairman until scrutiny over his consulting and lobbying work for Viktor Yanukovych, the Russian-backed former president of Ukraine, forced his resignation. Carter Page served as a foreign policy adviser for Trump until U.S. intelligence officials began looking into whether Mr. Page had opened a line of communication with senior Russian officials to discuss lifting economic sanctions on Russia should Trump win the presidency. These sanctions were imposed on Russia following Putin’s invasion of Crimea and Eastern Ukraine. Trump’s military advisor, retired Lt. Gen. Michael Flynn, unfortunately allowed himself to be used as a validator for Russian propaganda last year when he was seated near Putin at a Moscow gala celebrating Russia Today. Russia Today TV is Putin’s propaganda machine.

Let’s not forget Trump promised the American people he would disclose his tax returns. He has broken this promise. Trump is hiding his tax returns by saying that an ongoing IRS audit prevents any disclosures. This is untrue and Trump knows it. It is an absurd excuse designed to hide his failure to pay taxes and to hide his financial entanglements with Russian and Chinese interests.

The American people deserve to know what foreign interests have loaned money to Donald Trump and how much. Public disclosure of Trump’s tax returns and other financial information will reveal the extent of his personal and financial entanglements with the Russian billionaires who are allies of Putin, and often adversaries of American interests. Detailed financial information will also reveal how much money Trump has borrowed from government-dominated Chinese banks.

We have never elected a president who has such undisclosed financial entanglements with countries hostile to our interests. Americans need to know the extent of these entanglements with Russia and China before casting their votes. We do not want to wake up the day after election to learn that we have elected a president who owes Putin’s oligarch friends in Russia and the Central Bank of China hundreds of millions of dollars.

 

Jim Slattery, a Democrat, represented Kansas’s 2nd Congressional District in the U.S. House from 1983 to 1995. Chris Shays, a Republican, represented Connecticut’s 4th Congressional District in the U.S. House from 1987 to 2009. Michael Andrews, a Democrat, represented Texas’s 25th Congressional District in the U.S. House from 1983 to 1995. Tom Coleman, a Republican, represented Missouri’s 6th Congressional District in the U.S. House from 1976 to 1993. Kent Conrad, a Democrat, represented North Dakota in the U.S. Senate from 1987 to 2013. Byron Dorgan, a Democrat, represented North Dakota in the U.S. Senate from 1992 to 2011. Bennett Johnston, a Democrat, represented Louisiana in the U.S. Senate from 1972 to 1997. Richard Swett, a Democrat, represented New Hampshire’s 2nd Congressional District in the U.S. House from 1991 to 1995 and served as U.S. ambassador to Denmark from 1998 to 2001.”

(PRES DONALD TRUMP SAID YESTERDAY, FEBRUARY 16, 2017, AT THE PRESS CONFERENCE THAT HE DIDN’T OWE COMMUNIST RUSSIA ANY MONEY WHICH IS DEFINITELY A LIE ACCORDING TO ALL THE INFORMATION I’VE READ. LOOK FOR IN THE COMING DAYS, FOR THE CROWD NUMBERS TO INCREASE THAT ARE MARCHING TO GET OUR GOVERNMENT BACK FROM THE OLIGARCHS [WHICH MEANS BILLIONAIRES].!!

LaVern Isely, Progressive, Overtaxed, Independent Middle Class Taxpayer and Public Citizen Member and USAF Veteran

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About tim074

I'm a retired dairy farmer that was a member of the National Farmer's Organization (NFO). Before going farming, I spent 4 years in the United States Air Force where I saved up enough money to get my down payment to go farming. I also enjoy writing and reading biographies and I write about myself as well as articles and excerpts I find interesting. I'm specifically interested in finances, particularly in the banking industry because if it wasn't for help from my local Community Bank, I never could have started farming which I was successful at. So, I'm real interested in the Small Business Administration and I know they are the ones creating jobs. I have been a member of Common Cause and am now a member of Public Citizen as well as AARP. I have, in the past, written over 150 articles on the Obama Blog (my.barackobama.com) and I'd like to tie these two sites together. I'm also on Twitter, MySpace and Facebook and find these outlets terrifically interesting particularly what many of these people did concerning the uprising in the Arab world. I believe this is a smaller world than we think it is and my goal is to try to bring people together to live in peace because management needs labor like labor needs management. Up to now, that hasn't been so easy to find.
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