SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A Hard Look At Donald Trump -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (191)3/7/2016 10:37:57 PM
From: THE WATSONYOUTH  Respond to of 46700
 
In a unity ticket, Rubio would be VP and you'd have the benefit of both of them campaigning together.

If Rubio loses Florida and yet facilitates Trump getting the nomination by not bowing out in time, he is finished as a politician. Cruz could offer him Sect of State where the energizer bunny could talk to his heart's content. He could then run again in 8 years. I think Rubio is too small a man to do the right thing.



To: Brumar89 who wrote (191)3/8/2016 12:07:31 AM
From: Brumar892 Recommendations

Recommended By
Glenn Petersen
Thehammer

  Respond to of 46700
 
Opinion: Donald Trump’s business disaster is worse than you think

Donald Trump ran his public company into the ground, but pocketed millions for himself


Donald Trump’s casino and hotel company lost its shareholders millions of dollars at the same time that other gambling companies were making money like a one-armed bandit.


By

BrettArends
Columnist

Why is Donald Trump getting a pass for his disastrous and incompetent track record of running a public company?

The Republican front-runner has made much of his supposed “success” in business and says he now wants to do the same for America.

But the only part of his business track record for which we have the full picture shows that Trump wasn’t a successful executive but an absolute catastrophe.

For 10 years between 1995 and 2005, Donald Trump ran Trump Hotels & Casino Resorts — and he did it so badly and incompetently that it collapsed into Chapter 11 bankruptcy. His stockholders were almost entirely wiped out, losing a staggering 89% of their money. The company actually lost money every single year. In total it racked up more than $600 million in net losses over that period.

Trump was chairman of the board throughout the entire time, and CEO as well for about half of it.

This is the sort of record usually associated with an Enron or a WorldCom or a Pets.com.

Meanwhile, over the same period, all his competitors were enjoying an enormous boom. Take a look at our chart.

While Trump was running Trump Hotels & Casino Resorts into the ground, the Dow Jones index of gambling stocks — the index that Trump himself cited in public filings as his best benchmark — soared 160%. Investors in Harrah’s saw their stake go up by nearly 150%. MGM MGM, +0.05% quintupled. These people were making out like bandits.

Donald Trump ran the worst performing casino company on the stock market. This isn’t a matter of “opinion.” This isn’t speculation or politics. It’s a matter of plain fact.

However, one person associated with Trump Hotels & Casino Resorts did make money:

Donald J. Trump
.

A review of the company’s public filings show that over that period, while his ordinary investors were getting hosed, Trump himself was siphoning millions out of Trump Hotels & Casino Resorts through salary, “bonuses” — yes, really — and cozy “service agreements” or side deals with his private corporations.

Check out the relevant page from the 2003 public filing, for example:

SEC/SECinfo.com

Detail from Trump Hotels & Casino Resorts 2003 proxy statement showing Trump's salary and "other compensation."In total, Donald Trump pocketed $32 million over nine years, while his public stockholders lost more than $100 million.

Follow the money. It really isn’t that complex.

Now his supporters want to put him in charge of the federal government. They actually hope he will do for America what he’s already done for his business.

Heaven help us all.


http://www.marketwatch.com/story/its-worse-than-you-think-trumps-business-disaster-2016-03-04



To: Brumar89 who wrote (191)3/8/2016 7:18:37 PM
From: Brumar89  Read Replies (1) | Respond to of 46700
 
FNC’s Watters Discovers People Abducted By Aliens Back Trump and Sanders


By Brent Baker | March 8, 2016 | 1:46 PM EST

FNC’s Jesse Watters went to the International UFO Congress gathering in Scottsdale, Arizona a couple of weeks ago – and discovered those who’ve had alien encounters support Donald Trump or Bernie Sanders.
..
http://newsbusters.org/blogs/nb/brent-baker/2016/03/08/fncs-watters-discovers-people-abducted-aliens-back-trump-and-sanders

Jesse Watters is a Trump guy too btw.



To: Brumar89 who wrote (191)3/9/2016 7:37:03 AM
From: longnshort  Read Replies (2) | Respond to of 46700
 
Rubio came in fourth in MS Kasich doubled his votes. Rubio is done, shouldn't have gotten into the mud with Trump