Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

think

(11,641 posts)
Sun Aug 23, 2015, 03:40 PM Aug 2015

Donald Trump Puts 'Hedge Fund Guys' on Notice

Something tells me the GOP isn't going to like this....

Donald Trump Puts 'Hedge Fund Guys' on Notice

By David Knowles - Aug 23, 2015 3:01 PM EDT

For a moment there, Donald Trump was starting to sound a lot like Bernie Sanders.

The billionaire Republican front-runner assailed hedge fund managers in a Sunday appearance on CBS' Face the Nation in which he portrayed himself as a champion of the middle class.

"They're paying nothing. And it's ridiculous," Trump said of those who make a living running hedge funds. "I want to save the middle class. You know, the middle class—the hedge fund guys didn't build this country. These are guys that shift paper around and they get lucky. And, by the way, when the market collapses, like it is now, the market is going down, they're losing a fortune."

“The hedge fund guys are getting away with murder.”


Sanders, the leading challenger to Hillary Clinton for the Democratic presidential nomination, has routinely gone after hedge fund managers during his populist campaign.

~Snip~

"Half of them, look, they're energetic, they're very smart, but a lot of them, it's like they're paper pushers. They make a fortune, they pay no tax. It's ridiculous, OK? This—and some of them are friends of mine. Some of them, I couldn't care less about. It's the wrong thing," Trump said. "The hedge fund guys are getting away with murder. They're making a tremendous amount of money. They have to pay taxes. I want to lower the rates for the middle class. The middle class is the one, they're getting absolutely destroyed. This country doesn't have—won't have a middle class very soon."

Full article:
http://www.bloomberg.com/politics/articles/2015-08-23/donald-trump-puts-hedge-fund-guys-on-notice
15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

leftofcool

(19,460 posts)
7. I don't care who Trump chats with or who Bill Clinton chats with.
Sun Aug 23, 2015, 04:23 PM
Aug 2015

What does that have to do with hedge funds?

 

virtualobserver

(8,760 posts)
12. the husband of the Democratic frontrunner's private chats with the Republican frontrunner....
Sun Aug 23, 2015, 04:46 PM
Aug 2015

just before the Republican frontrunner's announcement are oh so private.

maybe they were chatting about hedge funds?


Wounded Bear

(58,634 posts)
5. More Repub bullshit....
Sun Aug 23, 2015, 04:17 PM
Aug 2015

Trump depends on guys like the "hedge fund guys" to finance his business shenanigans. I don't buy it for a minute.

Sherman A1

(38,958 posts)
6. I can only agree
Sun Aug 23, 2015, 04:18 PM
Aug 2015

with him on this issue and perhaps one or two others. That doesn't mean I would like to see him in the White House, but there is nothing wrong with agreeing with him on some things.

 

Wellstone ruled

(34,661 posts)
8. To think these so called fiends of his
Sun Aug 23, 2015, 04:26 PM
Aug 2015

came to his rescue in each of his how many bankruptcies. What POS!!!!!

pampango

(24,692 posts)
11. "a champion of the middle class" who wants no corporate tax and more "right-to work".
Sun Aug 23, 2015, 04:42 PM
Aug 2015

Got to give him credit for knowing how to sound populist while catering to the 1%.

Recursion

(56,582 posts)
15. He's proposed a 25% wealth surtax and universal health care before
Sun Aug 23, 2015, 11:25 PM
Aug 2015

I think we should be ready for some weird proposals if he keeps his campaign going

AndreaCG

(2,331 posts)
14. And what percentage of taxes did The Donald pay last year?
Sun Aug 23, 2015, 11:12 PM
Aug 2015

Or when he was going through 4 or 5 bankruptcies, not all of which may have been legitimate? He is so full of shit. Sure, hedge fund managers should pay more taxes. So should all of the upper income people. Especially you, Donald.

Latest Discussions»General Discussion»Donald Trump Puts 'Hedge ...