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Trump's Complete Failure as a Business Man

Kangaroo Feathers

Yea, it is written in the Book of Cyril...
Is Trump the greatest ever con man in American history? Has he ever made a significant profit in his business dealings? Has he ever done more than squander the vast wealth he has had thrown at him since day one of his life?

The Trump revelation we've been waiting for: The emperor had no dough (Opinion) - CNN
Well, he's either an abysmally incompetent business man, a tax evader to the tune of a billion dollars, or both. As far as I can see, there are no other options. I wonder what ad hoc rationalisation the Trumpettes and Usual Suspects will come up with? Whatabout Hillary/Obama will be a hard sell. Blaming socialism seems a bit of a reach. I wonder what it will be?


Or will they just ignore the thread and pretend it never happened?
 

anna.

colors your eyes with what's not there
Well, he's either an abysmally incompetent business man, a tax evader to the tune of a billion dollars, or both. As far as I can see, there are no other options. I wonder what ad hoc rationalisation the Trumpettes and Usual Suspects will come up with? Whatabout Hillary/Obama will be a hard sell. Blaming socialism seems a bit of a reach. I wonder what it will be?


Or will they just ignore the thread and pretend it never happened?

What's worse? He lost over a billion dollars on accident, or he lost over a billion dollars on purpose?

Trump-hotels-and-casinos-lost-1.17-billion-over-10-years.jpg
 

metis

aged ecumenical anthropologist
Is Trump the greatest ever con man in American history? Has he ever made a significant profit in his business dealings? Has he ever done more than squander the vast wealth he has had thrown at him since day one of his life?

The Trump revelation we've been waiting for: The emperor had no dough (Opinion) - CNN
No surprise as this is part & parcel, no doubt, as to why he refused o show us his tax returns even though he promised he would before the election. He has long been known as a con-man, which is why he couldn't secure loans here in the west.
 

joe1776

Well-Known Member
As a strategist for the Democrats in 2020 I would urge a one-issue campaign on integrity. I'd replay David Gergen's quote heard on The West Wing a thousand times in national media..

“Trust remains the coin of the realm in politics. A President who is trusted, by the people, by the congress, by the press, by foreign countries, is a President who can get a lot of good things done.”
 

Revoltingest

Pragmatic Libertarian
Premium Member
Is Trump the greatest ever con man in American history? Has he ever made a significant profit in his business dealings? Has he ever done more than squander the vast wealth he has had thrown at him since day one of his life?

The Trump revelation we've been waiting for: The emperor had no dough (Opinion) - CNN
Interesting...I saw no specific info from the returns.
This matters because we don't know if the author's
opinion is based upon knowing how to read a return,
& how to adjust for IRS accounting oddities to determine
actual net income.
 

joe1776

Well-Known Member
Interesting...I saw no specific info from the returns.
This matters because we don't know if the author's
opinion is based upon knowing how to read a return,
& how to adjust for IRS accounting oddities to determine
actual net income.
The NY Times article is online.
 

Enoch07

It's all a sick freaking joke.
Premium Member
Apparently opinion is fact nowadays.

Objectivity is no longer important. It seems feelings are all that matters.
 

Revoltingest

Pragmatic Libertarian
Premium Member
Who here has actually analyzed his tax returns to see why the loss was declared?
(I searched for it during the last commercial, & didn't see it.)
One can have a profit IRL, but have a loss under IRS accounting.
(Depreciation deductions with capital gains tax treatment of recaptured
accelerated depreciation during that period created situations wherein
profitable real estate ventures showed losses. Reagan removed that treatment.)
 

joe1776

Well-Known Member
Who here has actually analyzed his tax returns to see why the loss was declared?
(I searched for it during the last commercial, & didn't see it.)
One can have a profit IRL, but have a loss under IRS accounting.
(Depreciation deductions with capital gains tax treatment of recaptured
accelerated depreciation during that period created situations wherein
profitable real estate ventures showed losses. Reagan removed that treatment.)
Let's suppose he actually made a healthy profit and the billion dollars in loss was purely a fictional amount made possible by wickedly clever but legal manipulation of the IRS code. Why would Donald Trump not want his returns to be made public? That's the kind of thing he brags about. Do you have a plausible explanation?
 

Revoltingest

Pragmatic Libertarian
Premium Member
Let's suppose He actually made a healthy profit and the billion dollars in loss was purely a fictional amount made possible by wickedly clever but legal manipulation of the IRS code. Why would Donald Trump not want his returns to be made public? That's the kind of thing he brags about. Do you have a plausible explanation?
I haven't seen any real info on his return.
But I notice that others who've seen nothing
yet are already making pronouncements.
I'm more cautious.
 

Nakosis

Non-Binary Physicalist
Premium Member
Is Trump the greatest ever con man in American history? Has he ever made a significant profit in his business dealings? Has he ever done more than squander the vast wealth he has had thrown at him since day one of his life?

The Trump revelation we've been waiting for: The emperor had no dough (Opinion) - CNN

I thought this came out a couple years ago. Trump had lost a billion and didn't have to pay taxes for a decade because of it. None of it seemed to affect his supporters then, I doubt it really do him much damage now.

Few folks could survive a billion dollars loss. Probably a greedy ******* that wants the world, wants to be a big player and takes high risks trying to achieve it. The art of the con.

I wonder what his relationship with his father was like.

In fact, every aggressive word Donald Trump ever directed at his father seems to have been about business. When Fred died, Donald Trump gave a cheerful quote for his father’s New York Times obituary, focusing on the way his dad had never wanted to expand into Manhattan. “It was good for me,” he said. “You know, being the son of somebody, it could have been competition to me. This way, I got Manhattan all to myself!”
Making the man: to understand Trump, look at his relationship with his dad
 

joe1776

Well-Known Member
I haven't seen any real info on his return.
But I notice that others who've seen nothing
yet are already making pronouncements.
I'm more cautious.
I think you're more biased than cautious but I'm just as biased. I don't need his tax returns to make up my mind on the man's character. It would only surprise me if any claims he makes turn out to be true.
 

Enoch07

It's all a sick freaking joke.
Premium Member
Let's suppose he actually made a healthy profit and the billion dollars in loss was purely a fictional amount made possible by wickedly clever but legal manipulation of the IRS code. Why would Donald Trump not want his returns to be made public? That's the kind of thing he brags about. Do you have a plausible explanation?

Ok you post your tax records for the public to see then.


See that's why, it's a choice and a wise choice not to.
 

Windwalker

Veteran Member
Premium Member
Apparently opinion is fact nowadays.

Objectivity is no longer important. It seems feelings are all that matters.
Then the tax returns and the Mueller report seems high in order at about this point! Give us the facts and let us all be objective together! Amen.
 

Enoch07

It's all a sick freaking joke.
Premium Member
Then the tax returns and the Mueller report seems high in order at about this point! Give us the facts and let us all be objective together! Amen.

On what legal grounds?

His tax returns showed no evidence to suggest he conspired with Russia.

So there is no legal grounds to release his tax returns to an unrelated matter, legally speaking.
 

FragrantGrace

If winning isn't everything why do they keep score
I underlined opinion because that's all it is. Opinions are just like anus', everyone has one and they usually stink.;)
It is illegal for the NYT to publish Trump's tax returns. But will anyone from the Left wing bias paper who's stockholders include George Soros? Who bought up $3 million dollars of NYT shares? Of course not.
I'd like to know the net worth and the liquid asset sum of CNN commentator and author of that opinion whine, Michael D'Antonio.
There are still Left wing anti-Trumpers that carp about how Trump was given a loan by his dad and Donald never repaid him. As if that would be any of our business to know in the first place.
Hate boy I tell ya, it is fascinating to watch how low Trump haters will go just to smear the man. It makes them feel accomplished I guess.
Hey Democrats, Trump is a billionaire. There's no law that says any candidate for office has to turn over their tax returns. Deal with it.
 
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