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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (970364)10/5/2016 2:56:18 PM
From: Land Shark3 Recommendations

Recommended By
J_F_Shepard
SeachRE
zax

  Read Replies (1) | Respond to of 1576031
 
LOL, I've never heard such a stupid argument in all my life. Such a YUGE loss only means he sucks at managing his businesses and is a LOSER! It illustrates he's VERY poor at managing money and has terrible judgement in making investments and managing project financials. Period. Losing money is NOT a good thing.



To: i-node who wrote (970364)10/5/2016 3:34:36 PM
From: bentway4 Recommendations

Recommended By
gronieel2
J_F_Shepard
Land Shark
zax

  Read Replies (1) | Respond to of 1576031
 
Dave, I heard a radio bit by one of the bankers that negotiated that 1995 Trump loss. He said they could have forced Trump into personal bankruptcy and left him another homeless man on the streets of NYC, but they collectively decided that propping the phony up and letting him con other people would get them a few more cents on the dollars than they were already going to lose.

Which is a common tale with big time con men. Nevertheless, the Trump name is shit with all American banks, to this day.



To: i-node who wrote (970364)10/5/2016 4:09:38 PM
From: puborectalis2 Recommendations

Recommended By
loantech
zax

  Read Replies (2) | Respond to of 1576031
 
The breadth of Trump’s controversies is truly huge, ranging from allegations of mafia ties to unscrupulous business dealings, and from racial discrimination to alleged marital rape. They stretch over more than four decades, from the mid-1970s to the present day. To catalogue the full sweep of allegations would require thousands of words and lump together the trivial with the truly scandalous. Including business deals that have simply failed, without any hint of impropriety, would require thousands more.



To: i-node who wrote (970364)10/5/2016 4:38:13 PM
From: zax  Read Replies (2) | Respond to of 1576031
 
>> The point is that taking a loss in his business makes him more, not less, qualified to become president.

OMG that's a great one!

Trump lost one THOUSAND, four HUNDRED *MILLIONS* of dollars on gambling in Atlantic City.

He's paid no federal taxes for any year on record - perhaps for 20 years or more. Contributed nothing financially to the military and skipped actual service for a bone spur on a foot he can't recall.

So a staggering loss like this - in addition to the billions he lost investors, banks and small businesse makes him a success? More qualified?

In that case, his political career is going to be brilliant, because he's starting that out with a major loss, too. ROFL!

Think about that...One THOUSAND, four HUNDRED ---------> *MILLIONS* <------- of dollars.

On gambling in Atlantic City

And to think, Trump calls McCain a non-war hero for becoming a POW.

Try real hard to think about a suitable business analogy.... something along the lines major corporate bankruptcies and personal insolvency.



To: i-node who wrote (970364)10/5/2016 5:11:20 PM
From: combjelly  Respond to of 1576031
 
Buy high and sell low is not the mark of a good businessman. He misjudged the market and, by all accounts, vastly over-paid on a variety of his properties. Which is why he went bankrupt in a booming market.

He was able to con the banks into keeping him alive while he worked out how to screw them some more. But I don't really see how a conman would make a good president.