Trump has put 3 or 4 businesses into BK. Whether it was a business move (kind of like how 50 Cent and Kayne are both “bankrupt”) or he really put the businesses into the shitter, I don’t know. However, someone that “wants to run the country like a business” his track record on paper sucks.
He’s far from stupid. That’s for sure. He’s definitely not polished, and I truly don’t believe you can learn that. Just watch King Ralph to get an idea of how it works 
I think that policies and action plans need to be put out there long before real public opinions are firmly entrenched, but he’s proven that this is not at all necessary. @joelster, I know you mentioned that he doesn’t have the information privy to the current president, but any one of us can easily download and interpret the federal budget, every outflow and inflow (other than the black stuff), and have a pretty damn good idea of where to make cuts and where to spend. It’s not like the inflows change by more than 1-2 percentage points yearly. He can also look at a map to figure out what country is where, maybe read some history about the muslims. Easy, right, since they’re all the same? It’s really not necessary for him to do any of this because of the type of campaign he’s running.
@Beck, here’s the real shame about the Bern. I feel like he’s the most trustworthy guy running, by a huge margin, with maybe Kasich second. Both are decent guys, with Kasich having the only real record of balancing budgets and turning a state’s economy around. But, Bern’s ideas would put a MASSIVE squeeze on folks who actually like to work hard, and build small business. Still, I’m sure my customers wouldn’t mind my labor rate going from 90 to 140/hr, right?
Anyway, we know now, it’s going to be Hil vs The Don. What is the lesser of two evils? That’s the tough question to answer.
He did but he used the laws to fix it.
And i will say yeah listening to someone who went bankrupt is not the best idea, but when you have that large of a company really how much is in your control to catch things that caused the business to turn in that direction.
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See my post. Being that big of a business im sure is harder to manage than a small one. He probably has 10k enployees, thats a lot of shit that can go wrong.
He’s declared BK more times than any other business with more than $1,000,000,000 in assests, ever. There’s a lot of shit that can go wrong, however - when you have well over $1,000,000,000 in assets, those things that go wrong are absorbed much easier.
Some information on the bankruptcy. Don’t confuse the personal use with the business use. This is fairly common in big business more so on limiting risk to high potential endeavors. Many large organizations will bankrupt arms within their scope and still record profits or use as a means to limit losses.
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Right, but when a legal system presents you an opportunity to not own these debts and negotiate out as opposed to absorb it becomes a business decision to make based on forward projected earnings.
I understand. Yes, business declare bankruptcy to restructure loans and settle with lenders. However he was BILLIONS in debt. He really ran these businesses pretty bad. He had to relinquish shares and ownership stakes. He can spin it how he wants, “Oh I just took advantage of the law and did what most businesses do”. No, you lost 49% of your business to the banks and had to sell your yacht to stay afloat. That’s not a strategic business move, that’s legitimately running a business into the ground.
Trump was kicking field goals. Everyone hates field goals but the rules make it easy for you to score. If you don’t take advantage of the rules, winning is much harder.
Speaking of football and bankruptcy, Jim Kelly’s bar went bankrupt and screwed a bunch of local suppliers but he is still a hero. For some wealthy people bankruptcy is just a big write-off.
I don’t like it for poor people or rich people.
So much win.
Basically where I was going with above. Trump has made many good and some bad business moves. Clearly he ran some of the businesses poorly. But at the end of the day he used a system available to protect what he could of his personal assets and moved forward.
Agreed. However, if he wants to run the country like a business (and it really shouldn’t be) then I don’t want this to be one of his “poorly run businesses”. If the guy who was in charge of your investments had bankrupted 4 businesses (good or bad business moves), how long would you let him handle your cash?
Heh.
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We have 800+ nukes on standby and can be fired at a country in under 2 minutes if we detect a launch from another country. It almost happened during the Cold War when the systems went crazy and made it look like we were getting fired on and actually was a single soldier was the one who deterred the confirmation and prevent a massive strike in a semi quiet story.
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The President when not near a strategic command center always has access to the codes. Look up Nuclear football. Someone is dedicated with him that contains the codes and allows him to respond and launch a strike from anywhere and actually is pretty common for countries with a nuclear deterrent.
Sadly, I disagree and think the reality of a nuke going off in our life time I would say is pretty high. Not saying this would be a strike from a nation state but it seems like its getting more and more possible for this to happen.
It’s funny you bring JK up. Didn’t he once claim that his plane crash landed in water that was above his head, but the pilot said they landed in 6 inches of water?
Remember Hillary’s claim about landing in Bosnia under sniper fire?
Yeesh.
I stand by what I said. You’ll never see it in your lifetime. Hopefully I’m right.
In a state where 79% of the Democrats are black and still see Bill Clinton as the first black President. I just don’t get why Southern states that have voted Republican every election since Nixon have more of a say in the Democratic primary than those that actually vote for the party. Hillary won 7 states last night and the only ones she’d have a snowball’s chance in hell in in the general are Mass which she won by 1%, and VA. And don’t get me started on “Superdelegates.”
Just so you know, a lot of the “businesses” he has aren’t really run by him. One of his flaws or feats, is that he stamps his name on everything. It puts him in the spotlight, but it carries a burden when things go wrong. A lot of the businesses, he owns majority control, but he doesn’t call every shot.
This is current right here:
“The Trump organization lists involvement in 515 subsidiaries and entities with 264 of them bearing Trump’s name and another 54 including his initials”
Basically he owns and is in involved with tons of stuff. Probably been in the 1000’s of ventures in the past 25 years, yet people only focus on the 4 Chapter 11 filings.
I’d say Trump has a 98-99% success rate. I wonder how well Obama would run a business? Or Bernie?
You realize a single person doesn’t make that choice? lol
I hope the world has wised up to the effects.
Yea thankfully in case he does get elected but still, I don’t trust him at the helm with our military. I do like him on a pull back from this ultra liberal accept everything because its mean to say something is wrong mentality we are breeding tho.
No idea, however…I know that Obama and Bernie are more qualified politically.
Listen, I don’t like any of the candidates. I’m not a Trump, Hilary or Bernie supporter. I don’t love Obama, but I don’t have this incredible disdain for him that some people do. Just curious, what has he done that you hate so much? Have you made less money year after year that he’s in office? Have you been unable to buy a house or support your family? What about stocks? Have you become more poor than you were 8 years ago?
My health insurance has sky rocketed 