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re: OT- Apparently Buck Belue is a Liberal

Posted on 10/6/23 at 10:26 am to
Posted by Whiznot
Albany, GA
Member since Oct 2013
7010 posts
Posted on 10/6/23 at 10:26 am to
Trump is a billionaire only if debts are considered assets. Donald is the world's biggest beggar. Billionaires don't spend every minute thinking about how to beg for more money.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64208 posts
Posted on 10/6/23 at 5:10 pm to
quote:

Trump is a billionaire only if debts are considered assets.


If I have a $1000 a month debt payment on an investment property that I make $3000 a month on, there is value in my business. The debt is an asset. Not in accounting terms on a balance sheet, but on the income statement, it adds considerable value to my company.

quote:

Donald is the world's biggest beggar. Billionaires don't spend every minute thinking about how to beg for more money.


What in the absolute cinnamon toast crunch frick are you talking about?
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