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The main American newspaper The New York Times yesterday presented information on the tax returns of President Donald Trump for the last two decades. The most surprising thing is that you have paid little or no tax for many years.
But now his political opponents are raising the question of whether the president’s large debt could also pose a national security risk.
4 billion crowns of debt
“It seems that the president has a debt of more than 400 million dollars”, said yesterday the Democratic leader of the Democratic Party.
Nancy Pelosi is the leader of one of the houses of the National Assembly, the House of Representatives.
The debt in question amounts to 421 million dollars, which is almost 4 billion Norwegian crowns. Much of this debt must be paid off in a fairly short period, probably within the four years that constitute a presidential term.
Donald Trump wants to say very little about his tax returns and calls the case in The New York Times “fake news.”
Photo: BRENDAN SMIALOWSKI / AFP
– Who do you owe the money to? Different countries?
Pelosi believes that this debt is a national security problem:
– Who do you owe this money to? Different countries? What kind of roof do they have on it? he said in an interview with the television channel NBC.
– The president is the commander-in-chief of the country. He is exposed with many hundreds of millions in debt, to whom? The public has a right to know this, Pelosi continued.
No hassle on the golf course
Today, a 2017 article in the online political newspaper The Hill has reappeared in media attention.
Here’s a radio interview with a journalist in a golf magazine about conversations he had with Donald Trump and his son Eric in 2014.
Golf journalist James Dodson was invited to play at Trump’s golf course in Charlotte, North Carolina. He asked how Trump managed to raise funds for his golf courses.
Trump responded that there was no problem, he had access to 100 million dollars.
– We get all the money we need from Russia.
Later that day, Dodson is said to have spoken in more detail with Eric, Donald Trump’s son.
He wonders which banks are willing to invest in golf courses at a time when money is still tight after the financial crisis.
So Eric Trump should have responded, “Well, we don’t depend on American banks. We get all the money we need from Russia.”
Today, Eric Trump denies saying that. But he has not denied the statements in The Hill article in the period from its writing in 2017 to today.
Foreign Policy magazine has quoted Trump’s eldest son Donald Jr. speaking at a real estate conference in New York in 2008 about Russian investments. Here he is reported to have said that ‘the Russians have a disproportionately large share of our assets. We see large sums of money flowing from Russia. “
Authoritarian friends
Trump and his company have had business relationships with Russia, Turkey and the Philippines. All countries with authoritarian leaders. Trump’s political opponents are now speculating whether any of his loans may come from lenders in those countries.
Former Trump architect Alan Lapidus is also quoted by Foreign Policy. Lapidus tells the magazine that “no one in America would lend money to Trump.” It all came from Russia. “
Loans from foreign sources can often appear as if they came from US banks or financial institutions. But these can often only be an intermediary, if foreign business interests or banks provide collateral for loans from US banks.
