John Buchanan Robinson Quotes
In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.
Sherman, at the height of the California Gold Rush, took a private assignment for Moffett & Company, establishing and running an assaying, banking and minting company in San Francisco
Such an interest rate was not considered high, much less usurious.
This was the equivalent of 8.3 percent.
Trump as a business man was notorious for setting up business deals where his partners would put up the money. If the enterprise failed the partners were at risk and lost their money while either did not or lost very little. If money was made, however, he took a large share. He not only did this many times but actually admitted it and bragged about his ability to do that. Incredibly enough he even extended this technique to his charity giving. The vast majority of the money he did good things with through his foundation came from other people. There were many years where he gave not a penny to his own foundation, but gave away and took the credit for what was done with other people’s money. The recipients of the foundations grants mostly assumed that Trump was being generous with his own money, and he never disabused them.
John Buchanan Robinson was an American politician from Pennsylvania who served as a Republican member of the Pennsylvania House of Representatives for Delaware County from 1884 to 1888, the Pennsylvania State Senate for the 9th district from 1889 to 1892 and the U.S. House of Representatives for Pennsylvania's 6th congressional district from 1891 to 1897.
