2016 Election

Status
Not open for further replies.
#3,301
#3,301
Septic said:
LOL, sucker. You really think Trump gives a rip about any of this sh*t? He's a shameless self promoter who will do and say whatever it takes to get elected - just like Obama did.

Trump supporters are mad at the status quo, they don't understand politics are largely uneducated - but mad. Trump is playing off that anger at Washington. Has he even disclosed how he plans on cutting the deficit? Foreign policy? Has he said how he is going to accomplish anything? Nah, he just talks tough and belittles his opponents. Apparently, that's what it takes to get the GOP nom.
Click to expand...

Cruz was my first pick, either way it's a win win situation, it's going to be one of the two getting the nomination. Now go cry yourself back to sleep..
 
  • Like
Reactions: 1 person
#3,304
#3,304
IPleadInsanity said:
Trump is the only candidate, or lets say anti-candidate, left on the board who can win. He is a preening peacock but no worse than the idiot in there now. Everyone who voted for the budget, without reading even the cliff notes, should be impeached. The politicos on both sides are criminals. I think they should be paid on commission from the surplus revenues at the end of the year.
Click to expand...

True that....
 
  • Like
Reactions: 2 people
#3,305
#3,305
Trump is bombastic, two fisted, and rich. He loves political brawls, and promises great things for America. Trump possesses charisma, and has great popular appeal. His ego is uuuuuuge.

The one politician in American history that matches Trump
with those attributes is Teddy Roosevelt.
 
  • Like
Reactions: 2 people
#3,306
#3,306
Septic said:
LOL, sucker. You really think Trump gives a rip about any of this sh*t? He's a shameless self promoter who will do and say whatever it takes to get elected - just like Obama did.

Trump supporters are mad at the status quo, they don't understand politics are largely uneducated - but mad. Trump is playing off that anger at Washington. Has he even disclosed how he plans on cutting the deficit? Foreign policy? Has he said how he is going to accomplish anything? Nah, he just talks tough and belittles his opponents. Apparently, that's what it takes to get the GOP nom.
Click to expand...

We have no hope of doing anything about the budget deficit until the economy is pumping and people again have disposable income. People have confidence that Trump, as a successful businessman, will work from a profit/loss perspective that has been missing for 12 years. They know the others will not and thats all they need to know at present.
 
  • Like
Reactions: 1 person
#3,307
#3,307
IPleadInsanity said:
We have no hope of doing anything about the budget deficit until the economy is pumping and people again have disposable income. People have confidence that Trump, as a successful businessman, will work from a profit/loss perspective that has been missing for 12 years. They know the others will not and thats all they need to know at present.
Click to expand...

LOL Trump's tax plan adds $9 TRILLION to the deficit. So tell me again how that will reduce the deficit???

And lets stop this bull about Trump being a successful businessman. He is subpar at best. Donald Trump inherited a lot of money and the growth of his wealth has been in line with that of the S&P 500. Donald Trump's self-described net worth was $200 million in 1982. If he invested that money in the S&P 500, he'd be worth about $8.3 billion today.But he's not because he lost between $2.5 and $3 billion in bad business investments and $1 billion more because had to pay back to banks about of all his massive amounts of debt. There is a reason why you can't buy stock from any of Trump's companies. Because they were all stock market disasters. Trump Hotels & Casino Resorts reported losses of $647 million from 1995 through 2004. The only reason that Trump has a dime to this day is because the banks wanted their money and had a little mercy on him. In 2008 Trump Entertainment and his affiliated companies had $2.06 billion in assets and was $1.74 billion in debt. In December 2008 his company missed a $53.1 million bond interest payment, propelling Trump Entertainment Resorts into bankruptcy court and plunging its stock price from $4 per share to a mere 23 cents. Trump has said the only thing that makes him more qualified to be President than Mitt Romney is his net worth. That may be True but Romney is the better businessman. People called Romney "King Midas" because every company he touched turned to gold. Burger King, Staples, Accuride Corporation, Brookstone, Domino's Pizza, Sealy Corporation, Sports Authority, and Artisan Entertainment. Romney and his partners took nothing and turned it into what would become a $75 billion company. Trump took his dad's money and can barely keep his head above water.

"Here's a guy (Trump) who's failed so miserably so many times and it's not as though he had to claw his way back after seven years in credit hell. He just said. 'OK, this isn't my problem anymore.' For him, it's just been a platform to the next money-making scheme," said Dough Heller, the executive director of Consumer Watchdog.

Stop listening to the BS that comes out of Trump's mouth and do some research.
 
Last edited:
  • Like
Reactions: 9 people
#3,308
#3,308
carlos86 said:
LOL Trump's tax plan adds $9 TRILLION to the deficit. So tell me again how that will reduce the deficit???

And lets stop this bull about Trump being a successful businessman. He is subpar at best. Donald Trump inherited a lot of money and the growth of his wealth has been in line with that of the S&P 500. Donald Trump's self-described net worth was $200 million in 1982. If he invested that money in the S&P 500, he'd be worth about $8.3 billion today.But he's not because he lost between $2.5 and $3 billion in bad business investments and $1 billion more because had to pay back to banks about of all his massive amounts of debt. There is a reason why you can't buy stock from any of Trump's companies. Because they were all stock market disasters. Trump Hotels & Casino Resorts reported losses of $647 million from 1995 through 2004. The only reason that Trump has a dime to this day is because the banks wanted their money and had a little mercy on him. In 2008 Trump Entertainment and his affiliated companies had $2.06 billion in assets and was $1.74 billion in debt. In December 2008 his company missed a $53.1 million bond interest payment, propelling Trump Entertainment Resorts into bankruptcy court and plunging its stock price from $4 per share to a mere 23 cents. Trump has said the only thing that makes him more qualified to be President than Mitt Romney is his net worth. That may be True but Romney is the better businessman. People called Romney "King Midas" because every company he touched turned to gold. Burger King, Staples, Accuride Corporation, Brookstone, Domino's Pizza, Sealy Corporation, Sports Authority, and Artisan Entertainment. Romney and his partners took nothing and turned it into what would become a $75 billion company. Trump took his dad's money and can barely keep his head above water.

"Here's a guy (Trump) who's failed so miserably so many times and it's not as though he had to claw his way back after seven years in credit hell. He just said. 'OK, this isn't my problem anymore.' For him, it's just been a platform to the next money-making scheme," said Dough Heller, the executive director of Consumer Watchdog.

Stop listening to the BS that comes out of Trump's mouth and do some research.
Click to expand...

Since you know so much about Trump and his financial failures ..... How many of his business dealings have been failures? .... Percentage wise?
How many business deals have you been involved in and how did they turn out?
 
  • Like
Reactions: 1 person
#3,309
#3,309
Carl Pickens said:
Since you know so much about Trump and his financial failures ..... How many of his business dealings have been failures? .... Percentage wise?
How many business deals have you been involved in and how did they turn out?
Click to expand...

Trump has a 1:3 success to failure rate. Romney success rate at Bain was 78% And I've been involved enough in my family's businesses to know who is a shakedown artist and who's not.

Trump Airlines:In 1988, Trump bought Eastern Air Shuttle, an airline service that ran hourly flights between Boston, NYC and DC for 27 years prior, for $365 million. He turned the airline, once a no frills operation, into a luxury experience, adding maple-wood veneer to the floor and gold-colored bathroom fixtures. The company never turned a profit and the high debt forced him to default on his loans. Ownership of the company was turned over to creditors. It ceased to exist in 1992.


Trump Casinos

Trump Entertainment Resorts, which is composed of three Trump-owned casinos, all in Atlantic City, filed for bankruptcy for the fourth time in 2014. Trump has distanced himself from the company, saying that besides the company having his name, he has “nothing to do with it,” despite the fact that he owned 28% of its stock.

Trump Magazine

Trump launched an eponymous magazine in 2007 that, in a press release announcing the publication’s arrival, was described as “[reflecting] the passions of its affluent readership by tapping into a rich cultural tapestry.” A year and a half after the launch, the magazine ceased publication.

GoTrump.com

Trump launched this luxury travel search engine in 2006, only to shut it down a year later, despite being powered by booking giant Travelocity.

Trump Mortgage

In 2006, Trump forayed further into the real estate industry, launching a mortgage company. The Donald had high hopes for the company, asking CNBC, “Who knows more about financing than me?” Trump Mortgage shut down within a year and a half, in part because Trump selected E.J. Ridings, a man who claimed to be a top executive at a prestigious investment bank but had actually only worked on Wall Street as a registered broker for six days, to run the company.
 
  • Like
Reactions: 4 people
#3,311
#3,311
carlos86 said:
LOL Trump's tax plan adds $9 TRILLION to the deficit. So tell me again how that will reduce the deficit???

And lets stop this bull about Trump being a successful businessman. He is subpar at best. Donald Trump inherited a lot of money and the growth of his wealth has been in line with that of the S&P 500. Donald Trump's self-described net worth was $200 million in 1982. If he invested that money in the S&P 500, he'd be worth about $8.3 billion today.But he's not because he lost between $2.5 and $3 billion in bad business investments and $1 billion more because had to pay back to banks about of all his massive amounts of debt. There is a reason why you can't buy stock from any of Trump's companies. Because they were all stock market disasters. Trump Hotels & Casino Resorts reported losses of $647 million from 1995 through 2004. The only reason that Trump has a dime to this day is because the banks wanted their money and had a little mercy on him. In 2008 Trump Entertainment and his affiliated companies had $2.06 billion in assets and was $1.74 billion in debt. In December 2008 his company missed a $53.1 million bond interest payment, propelling Trump Entertainment Resorts into bankruptcy court and plunging its stock price from $4 per share to a mere 23 cents. Trump has said the only thing that makes him more qualified to be President than Mitt Romney is his net worth. That may be True but Romney is the better businessman. People called Romney "King Midas" because every company he touched turned to gold. Burger King, Staples, Accuride Corporation, Brookstone, Domino's Pizza, Sealy Corporation, Sports Authority, and Artisan Entertainment. Romney and his partners took nothing and turned it into what would become a $75 billion company. Trump took his dad's money and can barely keep his head above water.

"Here's a guy (Trump) who's failed so miserably so many times and it's not as though he had to claw his way back after seven years in credit hell. He just said. 'OK, this isn't my problem anymore.' For him, it's just been a platform to the next money-making scheme," said Dough Heller, the executive director of Consumer Watchdog.

Stop listening to the BS that comes out of Trump's mouth and do some research.
Click to expand...

Perhaps you should do some of your own research as well instead of plagiarizing someone else's work that has been proven inaccurate.

I Can’t Believe I’m About to Defend Donald Trump’s Business Skills
Of all the criticisms you could lob at Trump, this is a weirdly weak one. Basically, the man took a $40 million kernel and, while spending lavishly enough to surround himself with all the gold-plated bathroom fixtures his heart desired, managed to do a 26 percent better job growing his fortune than if he had quietly left it to grow in stocks without selling a single share or spending a single dividend check for 41 years. I'd say that's pretty good. How many actual money managers could brag they'd done the same with their clients' cash?
Click to expand...

Should Trump Have Indexed?
This week there's been another round of argument that Trump would be richer today if he had just put his money in an index fund instead of using it to make stiff buildings and colognes and schools that are not even a little academic. This round was set off by this National Journal article by S.V. Dáte; here are Dylan Matthews and Kevin Drum with more. The previous round of Trump versus index comparisons came from this Associated Press article; here is what I wrote at the time.

The simplest version of the comparison seems to be that if Trump had taken his $40 million inheritance from his father in 1974, converted it into cash, and invested it in the S&P 500, reinvesting all dividends and spending no money along the way, he'd have about $2.3 billion or so today, depending on how you do the math. Bloomberg computes his actual net worth as $2.9 billion, so he's modestly outperformed the S&P over his career, again depending on how you do the math. That, however, understates his performance. For one thing, if he put all his money in index funds and reinvested all the dividends for 41 years, he'd be dead, because you can't buy food with reinvested dividends. As an investing strategy you can't beat compound returns, but as a strategy for life food has key diversification benefits. Also I feel like Trump has unusually high consumption expenses? For instance, to choose one item at random, I gather that he is currently funding his own campaign for president. That would also eat into his returns.
Click to expand...
 
#3,312
#3,312
carlos86 said:
Trump has a 1:3 success to failure rate. Romney success rate at Bain was 78% And I've been involved enough in my family's businesses to know who is a shakedown artist and who's not.

Trump Airlines:In 1988, Trump bought Eastern Air Shuttle, an airline service that ran hourly flights between Boston, NYC and DC for 27 years prior, for $365 million. He turned the airline, once a no frills operation, into a luxury experience, adding maple-wood veneer to the floor and gold-colored bathroom fixtures. The company never turned a profit and the high debt forced him to default on his loans. Ownership of the company was turned over to creditors. It ceased to exist in 1992.


Trump Casinos

Trump Entertainment Resorts, which is composed of three Trump-owned casinos, all in Atlantic City, filed for bankruptcy for the fourth time in 2014. Trump has distanced himself from the company, saying that besides the company having his name, he has “nothing to do with it,” despite the fact that he owned 28% of its stock.

Trump Magazine

Trump launched an eponymous magazine in 2007 that, in a press release announcing the publication’s arrival, was described as “[reflecting] the passions of its affluent readership by tapping into a rich cultural tapestry.” A year and a half after the launch, the magazine ceased publication.

GoTrump.com

Trump launched this luxury travel search engine in 2006, only to shut it down a year later, despite being powered by booking giant Travelocity.

Trump Mortgage

In 2006, Trump forayed further into the real estate industry, launching a mortgage company. The Donald had high hopes for the company, asking CNBC, “Who knows more about financing than me?” Trump Mortgage shut down within a year and a half, in part because Trump selected E.J. Ridings, a man who claimed to be a top executive at a prestigious investment bank but had actually only worked on Wall Street as a registered broker for six days, to run the company.
Click to expand...

I'm curious where you got that 1:3 success to failure rate since you apparently copied everything else in your post from this site... Donald Trump’s 16 Biggest Business Failures and Successes

I guess it should come as no surprise that you only listed his failures, and chose not to include any of his successes. And btw... it really isn't that hard to copy and paste, and also provide a link to the source you are plagiarizing from.

Successful

Grand Hyatt Hotel

Trump bought the former Commodore Hotel, which had fallen into relative disrepair, from Penn Central Railroad in 1974 and after six years of construction, the Grand Hyatt Hotel debuted. Smack dab in the heart of New York City, with the image of Grand Central reflected off its glass façade, the 34-story hotel is still booming business today.

Trump Tower

Trump broke ground on his now-famous 48-story Trump Tower in 1980. The luxury high-rise opened in 1983 and, with upscale restaurants and stores located in the mostly residential building, is still highly sought after real estate.


Wollman Rink

Trump renovated Wollman Rink in 1986 after contacting Mayor Ed Koch and offering to complete the renovation for $3 million. He finished the project on time and $750,000 under budget. Wollman Rink remains a Central Park fixture with more than 5 million annual visitors.

40 Wall Street

Trump purchased the building in 1995 for $1 million and renovated it for $35 million. Today, 40 Wall Street, one of the tallest office buildings in downtown New York, is worth over $500 million.

Trump Place

After years of negotiations, Trump finally broke ground on Trump Place, the gargantuan housing development along the Hudson River. The development includes 25 acres of open space and 5,700 apartments housed in 18 residential buildings.

The Apprentice

The Apprentice premiered on NBC in 2004 to great ratings. Trump served as not only the host but also the executive producer, raking in $1 million per episode. The show was successful enough that it inspired a spinoff, The Celebrity Apprentice.

Trump International Tower Chicago

Trump bought the former Chicago Sun-Times headquarters in 2005 for $73 million and converted it into the second tallest building in Chicago. It houses a hotel, condos, restaurants and shops, and was named Travel+Leisure’s best large city hotel in North America in 2010.
Click to expand...
 
  • Like
Reactions: 1 person
#3,313
#3,313
IBlvNTmWrk said:
I'm curious where you got that 1:3 success to failure rate since you apparently copied everything else in your post from this site... Donald Trump’s 16 Biggest Business Failures and Successes

I guess it should come as no surprise that you only listed his failures, and chose not to include any of his successes. And btw... it really isn't that hard to copy and paste, and also provide a link to the source you are plagiarizing from.
Click to expand...

Or I could have just looked up every business Trump has been involved in but I simply didn't feel like it. If you want to go there about only listing his failures I left out 6 more just to be fair. Trump is the one person to say this about bankruptcy. “I don’t think it’s a failure, it’s a success.”

Donald Trump's Companies Filed for Bankruptcy 4 Times - ABC News

Trump Tower, Tampa
Trump: The Game
Trump Shuttle
Trump Vodka
Trump Steaks
Tour de Trump
 
Last edited:
#3,315
#3,315
carlos86 said:
Or I could have just looked up every business Trump has been involved in but I simply didn't feel like it. If you want to go there about only listing his failures I left out 6 more just to be fair. Trump is the one person to say this about bankruptcy. “I don’t think it’s a failure, it’s a success.”

Donald Trump's Companies Filed for Bankruptcy 4 Times - ABC News

Trump Tower, Tampa
Trump: The Game
Trump Shuttle
Trump Vodka
Trump Steaks
Tour de Trump
Click to expand...

Can you provide the source for that quote? It wasn't in the link you provided and I'm curious as to the context.
 
#3,316
#3,316
IBlvNTmWrk said:
Can you provide the source for that quote? It wasn't in the link you provided and I'm curious as to the context.
Click to expand...

https://www.washingtonpost.com/business/economy/what-trump-didnt-say-about-his-four-big-business-bankruptcies/2015/08/07/bc054e64-3d12-11e5-9c2d-ed991d848c48_story.html

To help secure lower interest rates and a $500 million credit line, Trump agreed to shrink his stake in the company from 47 percent to about 27 percent.Trump brushed off the bankruptcy as “really just a technical thing” that touched only a small fraction of his net worth, telling the Associated Press then, “I don’t think it’s a failure, it’s a success.” But Trump also pumped $72 million of his personal fortune to help keep the restructuring afloat.
 
#3,317
#3,317
carlos86 said:
https://www.washingtonpost.com/business/economy/what-trump-didnt-say-about-his-four-big-business-bankruptcies/2015/08/07/bc054e64-3d12-11e5-9c2d-ed991d848c48_story.html

To help secure lower interest rates and a $500 million credit line, Trump agreed to shrink his stake in the company from 47 percent to about 27 percent.Trump brushed off the bankruptcy as “really just a technical thing” that touched only a small fraction of his net worth, telling the Associated Press then, “I don’t think it’s a failure, it’s a success.” But Trump also pumped $72 million of his personal fortune to help keep the restructuring afloat.
Click to expand...
You have just about convinced me to vote for Trump. Anyone who is willing to take a chance, isn't afraid to fail, and will put some of his own skin in the game is a winner in my book. Thanks.
 
  • Like
Reactions: 4 people
#3,318
#3,318
1972 Grad said:
You have just about convinced me to vote for Trump. Anyone who is willing to take a chance, isn't afraid to fail, and will put some of his own skin in the game is a winner in my book. Thanks.
Click to expand...

LOLZ!!!! Yea he put his own skin in the game after we wasted away millions of dollars of his investors money and after he found himself $1.8 billion in debt.
 
  • Like
Reactions: 2 people
#3,319
#3,319
carlos86 said:
https://www.washingtonpost.com/business/economy/what-trump-didnt-say-about-his-four-big-business-bankruptcies/2015/08/07/bc054e64-3d12-11e5-9c2d-ed991d848c48_story.html

To help secure lower interest rates and a $500 million credit line, Trump agreed to shrink his stake in the company from 47 percent to about 27 percent.Trump brushed off the bankruptcy as “really just a technical thing” that touched only a small fraction of his net worth, telling the Associated Press then, “I don’t think it’s a failure, it’s a success.” But Trump also pumped $72 million of his personal fortune to help keep the restructuring afloat.
Click to expand...

So in other words, Trump made that comment in regards to a single, specific bankruptcy... and not bankruptcy in general as you alluded to in your post.
 
  • Like
Reactions: 3 people
#3,320
#3,320
IBlvNTmWrk said:
So in other words, Trump made that comment in regards to a single, specific bankruptcy... and not bankruptcy in general as you alluded to in your post.
Click to expand...

No he's speaking of bankruptcy in general. The entire article is about how Trump has said during debates that bankruptcy is a tool that all CEO's use so its not a big deal. When in fact that's not true.
 
#3,322
#3,322
CV7vc0zWcAArh4_.jpg
 
  • Like
Reactions: 4 people
New posts
Status
Not open for further replies.
Advertisement





Back
Top