http://time.com/money/3923629/donald-trump-name-business-failures/?xid=gonewsedit
So we have an empty suit thats bankrupting the general population at the expense of the penal system and justice system.
We really don't need a well-manicured suit doing the same, the expenses are higher.
Quote: 98ClubsThis voter sees it this way... He has 8.5 billion, at the expense of failed AC casinos. His other bankruptcies also helped him along.
So we have an empty suit thats bankrupting the general population at the expense of the penal system and justice system.
We really don't need a well-manicured suit doing the same, the expenses are higher.
Yeah, I think in the wake of Occupy, all the bankers who never got punished for their transgressions, and the widely held understanding that the rich are getting richer at the expense of the middle class, Donald has seriously misunderstood how appealing his personal story will be now. Particularly with the Trump name on bankrupt casinos that put thousands out of work. IMHO, this will be the issue that derails his campaign; he's going to get hammered.
I so hope he wins, it will be fun. This is coming from a democrat.
(--:Quote: GWAEWell he can go broke then get rich again. All the other presidents just know how to go broke.
I so hope he wins, it will be fun. This is coming from a democrat.
Quote: beachbumbabsYeah, I think in the wake of Occupy, all the bankers who never got punished for their transgressions, and the widely held understanding that the rich are getting richer at the expense of the middle class, Donald has seriously misunderstood how appealing his personal story will be now. Particularly with the Trump name on bankrupt casinos that put thousands out of work. IMHO, this will be the issue that derails his campaign; he's going to get hammered.
I think you are correct in your thinking Babs. But he's also going to get hammered for a dozen other reasons. The two that pop immediately to mind are. He's just not very bright. His understanding of both foreign and domestic policy is laughable minimal. Two, he's a really un-likeable guy, he surrounds himself with yes men so he probably thinks people love him. But I think at heart he's a bombastic windbag, with a massive ego, who doesn't know poop from shinola. The more the American people get to know him the less they will like him. He's also completely unprepared for how hard it is to run for president. He's never worked that hard in his life. It should be fun to watch him self-destruct. He'll be out of the race before it really gets going I'd bet.
Quote: vendman1I think you are correct in your thinking Babs. But he's also going to get hammered for a dozen other reasons. The two that pop immediately to mind are. He's just not very bright. His understanding of both foreign and domestic policy is laughable minimal. Two, he's a really un-likeable guy, he surrounds himself with yes men so he probably thinks people love him. But I think at heart he's a bombastic windbag, with a massive ego, who doesn't know poop from shinola. The more the American people get to know him the less they will like him. He's also completely unprepared for how hard it is to run for president. He's never worked that hard in his life. It should be fun to watch him self-destruct. He'll be out of the race before it really gets going I'd bet.
Not sure what will happen to Trump but your statements remind me of everything that was said about Ronald Reagan when he ran for president.
Quote: vendman1I think you are correct in your thinking Babs. But he's also going to get hammered for a dozen other reasons. The two that pop immediately to mind are. He's just not very bright. His understanding of both foreign and domestic policy is laughable minimal. Two, he's a really un-likeable guy, he surrounds himself with yes men so he probably thinks people love him. But I think at heart he's a bombastic windbag, with a massive ego, who doesn't know poop from shinola. The more the American people get to know him the less they will like him. He's also completely unprepared for how hard it is to run for president. He's never worked that hard in his life. It should be fun to watch him self-destruct. He'll be out of the race before it really gets going I'd bet.
Are you talking about Trump or Hillary?
Their politics aside I think they are, all three, greedy disgusting people.
Quote: Gabes22If we threw out all politicians who have failed in their professional careers, we wouldn't have anyone left to elect
Generally, the process should work as such: They get elected, serve, then go straight to jail. Do not pass Go. Do not collect $200.
Quote: AZDuffmanAre you talking about Trump or Hillary?
LOL Both. Neither one should be president.
Someone else. Not you AZ, but someone else said people had all the same complaints about Reagan. Interesting point. Except that while its true that Reagan was dismissed as being "just and actor" he was gov. of California, so he had some political back round before he ran for President. Donald has never held any elected office anywhere. Now some may see that as a plus. I would too mostly, we need some new blood at all level(s) of politics. The same ass hats on both sides of the aisle have been in charge for way too long. But Trump is such as massive egomaniac, with questionable credentials, that it boggles my mind that anyone would take him seriously as a presidential candidate. But I could say that about most of the people running. They are either fundamentally dishonest people, or way too stupid to be President or both.
I would seriously accept wagers that Trump doesn't finish in the top three in the Republican field. PM me if people are serious. He's doomed.
Quote: ScanIt is amazing Bill , Hillary and Chelsea Clinton have sucked up hundreds of millions of dollars in the slimiest ways but they all get a pass by the biased media and brain washed voters.
Their politics aside I think they are, all three, greedy disgusting people.
Agree 100% they are miserable human beings. Who don't deserve our attention any more.
Quote: ScanIt is amazing Bill , Hillary and Chelsea Clinton have sucked up hundreds of millions of dollars in the slimiest ways but they all get a pass by the biased media and brain washed voters.
Their politics aside I think they are, all three, greedy disgusting people.
Some people think it is okay to collect money from foreign governments while your wife is Secretary of State. Nothing to see there...
There is so much "nothing to see here" in the Clinton's past that it should bother everyone a bit.
As to Trump, I think he is more in it for publicity than to win and maybe at the outside hoping to influence the platform. We'll see what happens.
"The U.S. has become a dumping ground for everybody else’s problems. [Applause] Thank you. It’s true, and these are the best and the finest. When Mexico sends its people, they’re not sending their best. They’re not sending you. They’re not sending you. They’re sending people that have lots of problems, and they’re bringing those problems with us. They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are good people."
Quote: Donald Trump, candidacy announcement, June 17, as transcribed by WaPo.
Game over.
The GOP, with the Hispanic vote so crucial, and Jeb and Marco in the race, is going to have to repudiate him for these remarks.
Quote: vendman1
Someone else. Not you AZ, but someone else said people had all the same complaints about Reagan. Interesting point. Except that while its true that Reagan was dismissed as being "just and actor" he was gov. of California, so he had some political back round before he ran for President. Donald has never held any elected office anywhere. Now some may see that as a plus. I would too mostly, we need some new blood at all level(s) of politics. The same ass hats on both sides of the aisle have been in charge for way too long. But Trump is such as massive egomaniac, with questionable credentials, that it boggles my mind that anyone would take him seriously as a presidential candidate. But I could say that about most of the people running. They are either fundamentally dishonest people, or way too stupid to be President or both.
I am not a Trump guy, I am for Walker. But I get upset when people come down on him as if he is not a smart guy. One thing Trump has that Hillary does not is that Trump seems to know how people operate. He knows that "to get 'x' I will probably have to give them 'y' but I will try to get away with only 'z.'" He knows how to roll up his sleeves and do a job. He built loads of real estate in NYC in the 1980s, and I assure you the people that you dealt with back then were not the Boy Scouts.
OTOH, Hillary understands none of this. She failed in her chance to save a crisis. Not only did she fail, she had an epic fail.
My favorite example of the difference between knowing this stuff and not comes from my brother-in-law. He works at a place that mines things like limestone. During a blizzard a power plant in IN needed a shipment. Roads were closed, state of emergency. They got with the governor and he got with whoever and the trucks delivering this stuff with a police escort were the only things other than snow plows on the road. Now, one might say "the governor didn't figure all that out!" Maybe, but he had to be involved in the entire storm crisis.
Now, Trump has probably had dozens of this kind of thing. Some of his businesses failed, but he kept moving on, and he reinvented himself each and every time. He does not blame videos or "vast conspiracies." Like him or not, he gets the job done. Hillary has never gotten a job done once.
I don't see him finishing high, but he will give energy to the process. To have a dozen people looking for a nomination hopefully becomes the regular thing.
Just my $.02.
Quote: beachbumbabsI think Trump just set the US record for shortest Presidential campaign ever:
"The U.S. has become a dumping ground for everybody else’s problems. [Applause] Thank you. It’s true, and these are the best and the finest. When Mexico sends its people, they’re not sending their best. They’re not sending you. They’re not sending you. They’re sending people that have lots of problems, and they’re bringing those problems with us. They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are good people."
Quote: Donald Trump, candidacy announcement, June 17, as transcribed by WaPo.
Game over.
The GOP, with the Hispanic vote so crucial, and Jeb and Marco in the race, is going to have to repudiate him for these remarks.
Maybe so, but there is some truth to what is being said. I would not agree that "most" of them are "bad" people but the "best and brightest" aren't the ones being sent to us via illegal immigration, either.
Everybody thinks Hispanics will vote against anyone who says something bad about immigration. That is not true, at least in the cases of those I interact with on a daily basis. The Dems and some others count them as votes; it may not always break that way.
It's okay to have disagreement within the party moving through the process. It is a good thing because being a Republican or Democrat doesn't mean one has to move in lockstep with the party on each and every issue.
Quote: RonC
Everybody thinks Hispanics will vote against anyone who says something bad about immigration. That is not true, at least in the cases of those I interact with on a daily basis. The Dems and some others count them as votes; it may not always break that way.
If you get a hispanic who came here legally they generally do not care for illegal immigration. It does two things, one they waited their turn and did it right, then someone wants to let someone who didn't off the hook just to get votes. Second, they know that the more illegals that come here the more they get treated as "illegals" no matter their status.
Democrats think hispanics will be monolithic forever similar to blacks. I do not see this happening. Lots of things may turn them. They are unlikely to like the Christian-bashing that comes from the left for one. For another, they may see the GOP as a better bet what with blacks having the "majority-minority" thing sewn up in the Democrat Party. There is a lot of bad blood between Mexicans and blacks "on the streets." Don't think that does not matter.
I know someone who worked closely with him & Trump valued his opinion & dissent, from what I've heard he's actually a loyal decent employer, & his public persona is just a show biz act -but he has zero interest in being a politician or governing - he just can't pass up the free PR juice offered by such a gullible media. He's bluffed running for President since the '80s , but much of the media is too young - or too ignorant -or too dishonest to point that out.
As for his claims of wealth, one writer analyzed his inherited assets about a decade ago, as well as those of Howard Hughes, & showed that each of their net worths would have been greater had they simply invested the fortunes left by their fathers in simple passbook savings accts with compound interest.
My main problem with him is that he is a developer deal maker who doesn't have a track record of running a day to day business, & knows just enuf to get himself in deep doo doo with risk taking tactics that don't translate to a running on ongoing operation. I regard him as one of the original non-gaming , bandwagon opportunists- whose penchant for over -leveraging assets started the dominoes falling in AC (note I DO enjoy his value as an "entertainer" & watching him hold these crooked politicians feet to the fire):
:
Happy recap of The Donald's "good old days" in AC:
"How bad was his time in AC? Consider that Trump found himself in bankruptcy court four times due to his casinos over the years...
1. A bad hair day?
"It started in 1991 when Donald Trump's Trump Taj Mahal found itself in bankruptcy court. The restructuring saw bondholders given 49% of the casino."
2.A severe "haircut"?
"In 1992, it was the Trump Plaza's turn with Chapter 11 restructuring as the casino was sitting on $550 million of debt. Donald Trump once again filed for bankruptcy, and in the process became the butt of many jokes as the only man who could bankrupt a casino --remember this was the 1990's and casino bankruptcies were quite rare. Trump also gave up 49% ownership in the Trump Plaza during the restructuring."...
3. "Ya fired":
"In 2004, the parent company filed for bankruptcy protection again ... and Donald Trump saw his ownership share in the company reduced to 25% along with his title of CEO"
4."Ya fired -AGAIN":
"the company found itself back in bankruptcy court in 2009 ....Trump saw his ownership stake reduced to just 10% and resigned as Chairman of the Board after a heated fight with other owners "....
A Happy ending? ..."give me my damn name back or I'll Tweet really mean things....waaaaahhh":
"Trump currently possesses just a 5% stake in the company that bears his name. No, Donald Trump didn't have a casino close on his watch, but at one point he controlled 30% of the AC casino market, and lost it all and control of his own name on the side of the properties vanish (although more recently he did try to sue to have his name removed)."
http://www.pokerupdate.com/news/business-and-finance/donald-trump-wants-to-save-ac-his-track-record-says-otherwise/
Lets take a look at just "who" and "what" led us down the path to near financial ruin shall we?
https://www.youtube.com/watch?v=ebWJ892h5dA
This whole model of start a business, fail, declare bankruptcy, get out of paying your debts, make the business viable, reap great rewards, live a good life, is TOTAL BS.
Sort of like, no wait, EXACTLY like, bailing out bankers who made really bad bets and lost, got bailed out, recovered, and took home millions in salary during the whole thing.
Quote: RaleighCrapsPersonally, if a person has declared bankruptcy, and caused losses to others that have never been repaid, then that person is unfit for POTUS.
This whole model of start a business, fail, declare bankruptcy, get out of paying your debts, make the business viable, reap great rewards, live a good life, is TOTAL BS.
Sort of like, no wait, EXACTLY like, bailing out bankers who made really bad bets and lost, got bailed out, recovered, and took home millions in salary during the whole thing.
You must be joking. There is not one Congressman, Senator, Governor or Mayor out there that sticks tho their budgets. Bankrupting the city of Cleveland as mayor didn't stop Dennis Kucinic from becoming a Congressman and running for President on more than one occasion. Personally, the hoopla that is being given to all these political candidate 17 months ahead of the election is laughable. By the time the first few primaries are over the field will have whittled itself down to 2-3.
http://mashable.com/2015/06/16/donald-trump-president-fake/
In the age of "sophisticated" mass & internet media- "The Donald" makes PT Barnum's exploits look like amateur hour
http://www.hollywoodreporter.com/news/donald-trump-campaign-offered-actors-803161
Quote: Gabes22You must be joking. There is not one Congressman, Senator, Governor or Mayor out there that sticks tho their budgets. Bankrupting the city of Cleveland as mayor didn't stop Dennis Kucinic from becoming a Congressman and running for President on more than one occasion. Personally, the hoopla that is being given to all these political candidate 17 months ahead of the election is laughable. By the time the first few primaries are over the field will have whittled itself down to 2-3.
Not joking. I wouldn't vote for any of those wanna be washouts, crooks, thieves, mismanagement specialists either. But I won't turn this Trump thread into a political derail, so I have made my last non Trump comment.
But in either case it does not necessarily mean one way or the other how great they will be. Some great politicians had abolsulty pathetic lives in the privates sector and vice-versa.
I just finished watching Trump's speech announcing his run. I was actually pretty impressed, I agreed with most of his points, I am not saying I support him, but I actually agreed with him a lot more than I though I would, he had the courage to bring up a lot of controversial issues that other people won't touch (debatabley that is because he has no plans to run a serious campaign and does not care about winning, but either way I was impressed).
http://gawker.com/donald-trumps-grossly-exaggerated-net-worth-a-timeline-1711718182