Politics & Government

Trump Pal Andy Beal: ‘Current U.S. Government Is The Problem’

Dallas billionaire calls GOP presidential nominee a 'highly intelligent man who makes excellent reasoned decisions.'

Andy Beal (at right) with fellow billionaire Tim Headington (left) and Beal's son Ryan.
Andy Beal (at right) with fellow billionaire Tim Headington (left) and Beal’s son Ryan.

If Donald Trump’s “pivot” holds and he winds up somehow in the White House, a Dallas businessman could play an influential role in shaping the new president’s policies. Billionaire Andy Beal, who showed up at the New York mogul’s first Dallas campaign rally last September, recently was named to Trump’s council of economic advisers. When we asked to talk about all this with the Beal Bank founder, a spokesman for Beal Service Corp. politely declined, but sent this statement:

“Andy Beal reaffirms his belief that Donald Trump will do much more to help America than Hillary Clinton could ever imagine doing. Mr. Beal has known Mr. Trump for many years and knows him to be a highly intelligent man who makes excellent reasoned decisions. Mr. Beal agrees that American trade policies are shifting jobs overseas, decreasing the US standard of living, and increasing the standard of living for many foreign countries. Mr. Beal believes that current US government is the problem, and that more of the same simply perpetuates the problems.”

Beal, who’s said to be the richest man in Dallas, recently snapped up the Tom Hicks estate as well as the historic Trammell Crow residence here. So, there should be plenty of opulent room to spread out the old briefing papers and charts, should The Donald ever get back to Dallas and want to plot policy with his longtime pal.

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Comments

  • Mavdog

    The economic and tax policies proposed by Team Trump will make it even better for those with affluence like Andy Beal, not too surprising they want Trump.

    • DubiousBrother

      How are political bribes paid to a Family Foundation treated under Hillary’s plan? Are they still tax exempt or are they given long term capital gains treatment like her hedge fund buddies get?

      • Mavdog

        Odd, I am looking at the above article and my post, there’s nothing about the Clinton Foundation mentioned. However…

        Do you have any idea what gifts the Trump tax plan gives to the highest income brackets? How about the benefits to investors in real estate, to highly leveraged investments, and to beneficiaries of high net worth trusts? Answer: a lot. $Billions.

        “Her hedge fund buddies” have to pay more taxes under the proposed Clinton tax plan. They have to pay less taxes under the Trump plan. Apparently you are ignorant of the fact the Trump tax advisory is filled with his “hedge fund buddies”. That is why the Trump tax plan gives their industry a lot of benefits.

        Qualified charities continue to receive the same tax benefits under Clinton’s tax plan as they do now. Should they not?

        • DubiousBrother

          “Political bribes” is not funny as the Clinton pay to play scheme is now making it to the MSM.
          Of concern considering the pay to play Clinton scheme, Wall Street contributions are overwhelmingly going to Clinton.

          • Mavdog

            well, no, “pay to play” is a often repeated line from Donald Trump speeches that has zero support with any facts.
            From the looks of the campaign contributions, EVERY business segment “are overwhelmingly going to Clinton” because they know who is offering realistic, thought out policy positions and who isn’t. Clinton is, Trump isn’t.
            And my points on the candidates’s respective tax policies aren’t disputable, are they? Who has the “Hedge Fund buddies”? Trump does!