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Trump’s ‘business genius’ cost him $12 billion — and created ‘millions of victims’
- Thread starter Sunstone
- Start date
That seems right to me. His ill-tempered words are affecting the value of his properties to the point that new hotels won't have the Trump name any longer. A good businessman would know how to protect the value of his name; Trump does not.
Nightly rates at the newly-opened Trump International Hotel in D.C. plummeted below $500 while practically every other five-star property was sold out for the International Monetary Fund conference two weeks ago. And after his remarks about Mexican immigrants, two celebrity chefs backed out of their contracts to open a restaurant in the hotel.
According to Hipmunk, bookings at Trump Hotels plummeted 59 percent during the first half of 2016 and data from Foursquare shows a 17 percent drop in foot traffic at Trump properties since June 2015, when the reality TV star announced his presidential bid.
http://boingboing.net/2016/10/22/trump-hotels-faced-with-massi.html
Nightly rates at the newly-opened Trump International Hotel in D.C. plummeted below $500 while practically every other five-star property was sold out for the International Monetary Fund conference two weeks ago. And after his remarks about Mexican immigrants, two celebrity chefs backed out of their contracts to open a restaurant in the hotel.
According to Hipmunk, bookings at Trump Hotels plummeted 59 percent during the first half of 2016 and data from Foursquare shows a 17 percent drop in foot traffic at Trump properties since June 2015, when the reality TV star announced his presidential bid.
http://boingboing.net/2016/10/22/trump-hotels-faced-with-massi.html
There is evidence that he isn't even a billionaire.
http://www.politicalforum.com/current-events/458821-donald-trump-not-really-billionaire.html
http://www.vanityfair.com/news/2016/05/donald-trump-net-worth
http://www.politicalforum.com/current-events/458821-donald-trump-not-really-billionaire.html
http://www.vanityfair.com/news/2016/05/donald-trump-net-worth
Scuba Pete
Le plongeur avec attitude...
Make no doubt about it, Trump will be feeling his public rejection for years. I used to be ambivalent about him, but now that I now how nasty, ill tempered and bigoted he is, I will avoid supporting him financially as much as I can. The easy things to avoid will be anything branded "Trump". Hotels, wines, steaks, airlines and more will not be considered if his name is on it. But I want to go deeper... I want to find out about all of his holdings, just so I can avoid them. This is why I want to see his tax returns.
I'm not alone, either. There are a lot of consumers just like me who will put principles first and are ready to vote with their wallets as well as at the polls. This election doesn't bode well for the Trump Brand.
I'm not alone, either. There are a lot of consumers just like me who will put principles first and are ready to vote with their wallets as well as at the polls. This election doesn't bode well for the Trump Brand.
I really hope this doesn't go over anyone's head least they think you were serious.
But ya he would totally run this country into the ground.
Perhaps we need his advise on how to fail a Casino five times.
http://www.dailykos.com/story/2016/10/14/1582722/-Trump-27-Failing-a-casino
Twilight Hue
Twilight, not bright nor dark, good nor bad.
Givin the airlines, banks, automotive, track record.
....
Incidently did Trump ever get a nice juicy taxpayer bailout?
Least the man knows how to deal with crisis.
....
Incidently did Trump ever get a nice juicy taxpayer bailout?
Least the man knows how to deal with crisis.
Scuba Pete
Le plongeur avec attitude...
He defrauds them one tax payer at a time. Cuts down on paperwork.
Skwim
Veteran Member
The man can't even deal with a debate -- even when given three chances to do so -- let alone a crisis in which you only get one chance at best to get it right.
Scuba Pete
Le plongeur avec attitude...
@Nowhere Man probably meant that Trump knew how to CREATE a crisis. Not resolve... just create.
Lighthouse
Well-Known Member
Not something very plausible to go by.
First, 12 billion wasn't lost. It was never gained in the first place.
Second, he invested heavily in property not heavily in the stock market. It's easy to attack someone in hindsight knowing what they know now and not in 1982.
Third, I'd imagine many have been employed over the years.
Fourth, turning 200 million into 3 billion is not a failure.
Fifth, nobody can really know how much he's worth, only speculation.
Lighthouse
Well-Known Member
If anything, I admire his courage to risk everything for arguably one of the worst jobs in the world.
I do not admire people's secret applause of more companies failing, more jobs lost, all because they dislike one person. Ill hearts.
Twilight Hue
Twilight, not bright nor dark, good nor bad.
You mean solutions. Creating solutions. !0)
Papoon
Active Member
Meanwhile ... 500 trillion $ at risk in the derivatives market bubble...all major US banks severely exposed...BTW that is 8 x Global GDP, and 10 x the subprime mortgage bubble...
Not mentioned in the debate.
'Eyes Off the Ball Inc."
The next crash is on a scale difficult to imagine, and set to go off. Which may explain military mobilisations in various countries...including the US.
And why "Eyes Off the Ball Inc" are dazzling you with this strange circus.
Not mentioned in the debate.
'Eyes Off the Ball Inc."
The next crash is on a scale difficult to imagine, and set to go off. Which may explain military mobilisations in various countries...including the US.
And why "Eyes Off the Ball Inc" are dazzling you with this strange circus.