Trump is running on a joke. Are people really going to vote for him?

[Revoltingest]

​

I don't think so.
Whether Trump is to be generally considered a failure isn't to be determined by having numerous failures.
The overall record would matter much more.
He survived business setbacks, & came out of them quite wealthy.
This points towards being successful.
But the broad details of this success deserve scrutiny too.

 

[Revoltingest]

His successes:

​

This is quite a success; essentially losing $5.1 billion, and in just 16 years (Fred Trump, Donald's father, died in 1999)
.

Is there analysis behind this claim?
It should take into account money withdrawn for personal use, & taxes paid.
I ask because I wonder if it's based solely upon market inflation &/or reinvestment of dividends.
Many claims are made, but I've found some to be less than cromulent.

 

[fantome profane]

I don't think so.
Whether Trump is to be generally considered a failure isn't to be determined by having numerous failures.
The overall record would matter much more.
He survived business setbacks, & came out of them quite wealthy.
This points towards being successful.
But the broad details of this success deserve scrutiny too.

But it occurs to me that the very same risk taking that might make someone a successful business man would make him a disastrous president. He can't just declare bankruptcy for the U.S. and start again.

 

[Revoltingest]

But it occurs to me that the very same risk taking that might make someone a successful business man would make him a disastrous president. He can't just declare bankruptcy for the U.S. and start again.

This can work 2 ways.
Presidents who've never faced bankruptcy wouldn't understand how insolvency happens.
They can always bail government out with borrowing & financial tricks.

I faced the possibility of bankruptcy a few years ago because of lingering conditions from the 2001 crash.
It was an edifying experience.
Skill & luck are worth exercising & having.
All other things being equal, a prez with experience at it would be better than one without.

 

[Skwim]

I don't think so.
Whether Trump is to be generally considered a failure isn't to be determined by having numerous failures.
The overall record would matter much more.
He survived business setbacks, & came out of them quite wealthy.
This points towards being successful.
But the broad details of this success deserve scrutiny too.

To me, having declared bankruptcy multiple times, in essences, getting out of having to pay one's debts, plus putting thousands of people out of work, amounts to a failure as a businessman. One doesn't screw over one's employees and creditors just to stay in the game, and in Trump's case, again screwing over his employees and creditors, and again screwing over his employees and creditors, and again. . . . . . . .

 

[Revoltingest]

To me, having declared bankruptcy multiple times, in essences, getting out of having to pay one's debts, plus putting thousands of people out of work, amounts to a failure as a businessman. One doesn't screw over one's employees and creditors just to stay in the game, and in Trump's case, again screwing over his employees and creditors, and again screwing over his employees and creditors, and again. . . . . . . .

How do you know how many people he put out of work?
(Bankruptcy often doesn't do that.)
The issue here would be how he used bankruptcy, ie, was it the last resort or was it unethical gaming of the system?

Do you believe that bankruptcy in general is wrong?

 

[Skwim]

How do you know how many people he put out of work?
(Bankruptcy often doesn't do that.)

Two examples.

Chris Wallace:"Well sir let talk about the latest example Trump Entertainment Resorts which went bankrupt in 2009. In that case alone lenders to your company lost over a billion dollars and over 1,100 people were laid off. Is that the way that you'd run this country?
source

Last week,[September 15, 2014] the Trump Plaza folded and the Trump Taj Mahal filed for bankruptcy, leaving some 1,000 employees without jobs.
source​

 

[Revoltingest]

Two examples.

Chris Wallace:"Well sir let talk about the latest example Trump Entertainment Resorts which went bankrupt in 2009. In that case alone lenders to your company lost over a billion dollars and over 1,100 people were laid off. Is that the way that you'd run this country?
source

Last week,[September 15, 2014] the Trump Plaza folded and the Trump Taj Mahal filed for bankruptcy, leaving some 1,000 employees without jobs.
source​

This helps.
But in real estate bankruptcies I've seen, the workers no longer work for their prior employer, but many (sometimes all) will then work for the new owner. Each situation is different. This would be particularly for Schedule E type investments as opposed to Schedule C.

 

[`mud]

hey Rev,
I think you're floundering a bit here.
I made it through Nixon and Reagan and Bush,
and was broke a lot of the time.......
Oh forget it...you won't understand anyways !
~
Trump can't complete a sentence without changing the subject !
~
NuffStuff
~
'mud

 

[Revoltingest]

hey Rev,
I think you're floundering a bit here.
I made it through Nixon and Reagan and Bush,
and was broke a lot of the time.......
Oh forget it...you won't understand anyways !
~
Trump can't complete a sentence without changing the subject !
~
NuffStuff
~
'mud

I am foundering a bit....in so many ways.
I've flirted with being broke too.
I'm working on that.

Be sure to tag me so I don't miss your posts to me.
I look forward to'm.

 

[Altfish]

I don't think so.
Whether Trump is to be generally considered a failure isn't to be determined by having numerous failures.
The overall record would matter much more.
He survived business setbacks, & came out of them quite wealthy.
This points towards being successful.
But the broad details of this success deserve scrutiny too.

Trump is not a great business man, if he had invested his inheritance he could have been better off than he is now. In other words he's lost money.
Details here...
http://www.moneytalksnews.com/why-youre-probably-better-investing-than-donald-trump/

 

[Revoltingest]

Trump is not a great business man, if he had invested his inheritance he could have been better off than he is now. In other words he's lost money.
Details here...
http://www.moneytalksnews.com/why-youre-probably-better-investing-than-donald-trump/

I've seen this analysis before, but it doesn't take into account reductions in stock yields due to....
- Taxation
- Withdrawn money for personal use
Given his lavish lifestyle, this could be significant.

Nonetheless, he's made a great deal of money.
But how should one consider this combination of success & failure in business when voting?
Some thoughts....
- In running a business, one is accountable for the results. But in politics, accountability is murky, leading to dubious connections, ie, partisans will give blame for bad results to foes, & credit for good results to allies. Most will believe what they want.
- Failures in business & technology are edifying. This experience is valuable.
His business experience, both good & bad, is an asset, especially when compared with the opposition (career politicians who know nothing of business).
This would tend to make for better regulatory & taxation policy.

 

[esmith]

Well we here some saying Trump isn't a good business person. I have just one question. What does the Hillary bring to the table? Her business expertise is absolutely dip-diddly-squat. All she only thing she brings to the table is as a politician and not a good one at that.

 

[metis]

Well we here some saying Trump isn't a good business person. I have just one question. What does the Hillary bring to the table? Her business expertise is absolutely dip-diddly-squat. All she only thing she brings to the table is as a politician and not a good one at that.

But at least she doesn't stereotype people and spout hate speech, and even a great many in your own party, including Paul Ryan just yesterday, are fed up with his hate speech and thinly veiled threats about the Pub convention this summer.

Trump may well destroy much of the Republican Party, so which would you rather see survive this: your party or Trump-- because it appears that you probably can't have it both ways?

 

[Revoltingest]

But at least she doesn't stereotype people and spout hate speech, and even a great many in your own party, including Paul Ryan just yesterday, are fed up with his hate speech and thinly veiled threats about the Pub convention this summer.

Trump may well destroy much of the Republican Party, so which would you rather see survive this: your party or Trump-- because it appears that you probably can't have it both ways?

I think you're too quick to infer a threat where prognostication is more likely.
But then, this campaign is mostly how to ignore Hillary's warts, while exaggerating The Donald's.

More Trump advantages.....
- She doesn't even warrant a prefix as vaunted as "The".
- He has better hair.
- His pantsuits are prettier.
- His commercials are better.
- He doesn't need to buy advertising....the media cover him for free.

 

[`mud]

Except for the hair.......
he makes a point !
~
'mud

 

[Revoltingest]

Except for the hair.......
he makes a point !
~
'mud

Let's compare the 2 using comparable unretouched photos found by a fair & objective method....

Now, I ask you....who has the better hair?

 

[`mud]

OH....I see the point.......
and the one on your head.....oh no,
those are eyebrows !!!

~
'mud

 

[esmith]

But at least she doesn't stereotype people and spout hate speech, and even a great many in your own party, including Paul Ryan just yesterday, are fed up with his hate speech and thinly veiled threats about the Pub convention this summer.

Trump may well destroy much of the Republican Party, so which would you rather see survive this: your party or Trump-- because it appears that you probably can't have it both ways?

I think the Republican party needs a swift kick in the butt. If it takes Trump to do so, then so be it.

 

[Digital_Monk]

This election is good for comedic material - it seems like comics have plenty to talk about.

I won't vote in this election. I feel like my vote only matters at the local level and the rest is just for show.