I only saw at last 20 minutes of the debates and missed this part.Wow, brag about taking advantage of the housing crisis and he is running for President?
Republican presidential nominee Donald Trump bragged Monday night about taking advantage of the housing market crash, an architect he once employed and America’s federal income tax laws.
Every chance she got during the first presidential debate, Democratic nominee Hillary Clinton pressed Trump on his business in real estate, bankruptcy filings, employment practices and refusal to release his tax returns.
In an early heated exchange, Trump said his wishing for a housing market collapse was simply business savvy.
“Donald was one of the people who rooted for the housing crisis,” Clinton said. “He said, back in 2006, ‘Gee, I hope it does collapse because then I can go in and buy some and make some money.’”
“That’s called business, by the way,” Trump interjected.
“Nine million people lost their jobs,” Clinton continued, talking over Trump. “Five million people lost their homes, and $13 trillion in family wealth was wiped out.”
Trump did hope for the collapse. Two years before the recession and fall of the housing market, he said, “I sort of hope that happens because then people like me would go in and buy.”
His boasts during the debate didn’t stop there. Trump bragged he was “smart” not to pay federal income taxes for at least two years.