Fair question?
Poll
4 votes (57.14%) | |||
3 votes (42.85%) |
7 members have voted
September 29th, 2016 at 3:07:55 PM permalink | |
TheCesspit Member since: Oct 24, 2012 Threads: 23 Posts: 1929 |
Bankruptcy of a business is expected in many cases of starting up businesses. Many companies enter Chapter 11. Trump has never been personally (financially) bankrupt. The ability to reduce debt without a wind up order is a feature of US business that allows for success as well. Trump has had some business failures... and yet he's still worth somewhere around a Billion dollars. Many successful business men have had failures among their successes. It is said that your life flashes before your eyes just before you die.... it's called Life |
September 29th, 2016 at 3:26:10 PM permalink | |
Nareed Member since: Oct 24, 2012 Threads: 346 Posts: 12545 |
If he'd invested his inheritance in a relatively safe, diversified portfolio, he'd be worth a great deal more than he currently is, and the many people his bankruptcies left out in the lurch would be happier today.
Sure. and Trump could grow up to be one of them. And what is he hiding in his tax returns? Donald Trump is a one-term LOSER |
September 29th, 2016 at 5:06:33 PM permalink | |
TheCesspit Member since: Oct 24, 2012 Threads: 23 Posts: 1929 |
I've seen this debunked too. Not convinced by it at all. Thing is, even if true, failure happens in business and Trump is not the first or last one to leave his debts behind and other people out of pocket too. That's a fact of business not unique to Trump. And yet, he still has plenty of money, which implies, despite paying down these debts, he's been successful in other ventures. He's easier to mock and look at for the non-bankrupt businesses, like Trump Steak, Trump University and Trump Water. Those tell you far more about how much of shill and snake oil man he really is. Bankrupt business? Meh. Bankrupt morals? Far more important consideration. Of course, he exudes alpha male and likeability, so who cares!
Trump has some measure of success. He's hiding something in the tax returns, for sure, as he does claim to be open and clear. His claim is not matched by his actions. It is said that your life flashes before your eyes just before you die.... it's called Life |
September 30th, 2016 at 6:23:33 AM permalink | |
Nareed Member since: Oct 24, 2012 Threads: 346 Posts: 12545 |
I've seen it bunked :)
Sure. Mutual funds blow up, airlines fold, casinos are repossessed, etc, etc. But when the same man gathers investors, builds things, goes broke and then walks away with a hefty payoff time after time, that begins to look suspicious. or to bring up the Goldfinger Principle: once it's happenstance, twice it's coincidence, thrice it's a hostile act.
See above. The former is a result of the latter.
His claims are all lies. I don't even listen to them any more than I'd have read Pravda in the 1970s. Donald Trump is a one-term LOSER |
October 1st, 2016 at 2:43:10 PM permalink | |
Evenbob Member since: Oct 24, 2012 Threads: 146 Posts: 25011 |
Forbes puts his fortune at 5.5 billion. Trump says it's twice that. It's probably somewhere in the middle. Trump doesn't release his taxes because even if there's nothing out of the ordinary, they'll find something to make an issue out of. If you take a risk, you may lose. If you never take a risk, you will always lose. |
October 1st, 2016 at 4:07:40 PM permalink | |
TheCesspit Member since: Oct 24, 2012 Threads: 23 Posts: 1929 |
Forbes says 3.7 billion. The reason Trump doesn't release his returns is probably because he doesn't pay much tax. Or maybe it's because he got a huge cash injection from Russia. Or maybe it's because he's not worth the Billions he claims. No-one knows. How he gets a pass, but Obama didn't for his birth certificate or his college transcripts, I'm not sure. Tax returns show how much of a winner he is. But showing the truth is not his style. It is said that your life flashes before your eyes just before you die.... it's called Life |
October 1st, 2016 at 4:32:42 PM permalink | |
AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18209 |
Tax returns show income, not wealth. He stated the reason for not releasing the returns, an active audit. The President is a fink. |
October 1st, 2016 at 5:40:34 PM permalink | |
Evenbob Member since: Oct 24, 2012 Threads: 146 Posts: 25011 |
All because NYC prices are down, and FL prices as well. The number is meaningless as Forbes never has brand figured into calculations. A person or companies brand is often where their real wealth is. Would you publish a Stephen King book site unseen? You bet. How about investing in a Star Wars movie without ever seeing the script. The investment people say if Trump loses the election, his brand value would have gone up 800-1000%. If he wins, it's 1500%. That easily gets him close to the value Trump has always claimed. If you take a risk, you may lose. If you never take a risk, you will always lose. |
October 1st, 2016 at 5:50:09 PM permalink | |
TheCesspit Member since: Oct 24, 2012 Threads: 23 Posts: 1929 |
Not the story Bob just fed us is it? It's because those dastardly lefties would make stuff up! Indeed it does show income. It also helps to indicate wealth. Brand is all very, but brand is not wealth. Brand is future potential earnings. It is said that your life flashes before your eyes just before you die.... it's called Life |
October 1st, 2016 at 6:12:59 PM permalink | |
AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18209 |
Future potential earnings are value. What brand is worth more, BMW or Chrysler? Same car will sell for more as BMW than as a Dodge, in fact quite a bit more. That is value. The President is a fink. |