Trump reveals himself and no one notices

Because he doesn't legally have to.

Plus if he had ever done what was right instead of being profitable, he wouldn't have $10 billion in the first place.

 

That optimism may convey short-term reaction to the country going into default. Longer term? I think it would eventually turn desperate. Most people in this country are decent. They really do deserve a far better government. They vote against their interest because this nation's history gets rewritten all the time. Too much propaganda and not enough credible information.

 

Wrong. I believe you are talking about "discouraged workers," those who are still out of work but no longer looking because they don't believe they will find a job.

This is U4. Look at the link!

http://www.bls.gov/news.release/empsit.t15.htm

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Can you provide that answer?

 

Obey the law of the land.
I'm not disagreeing with you on doing what is right as opposed to what is profitable. What I am saying is, as long as he was within the law, we can't be mad at him, but should be mad at ourselves. If these are the laws in which we are ok with. Maybe we should look to ourselves on changing them.

 

Agreed! However, as soon as you propose laws and/or regulations with the intent to prevent shrewd "businessmen" like Trump from ripping others off, then be prepared to be labeled "socialist" or "anti-business" by the typical pundits.

 

Of course, I haven't seen anyone in the finance world actually agree that Trump is worth $10 billion. I doubt that Trump actually believes it. He just blusters on.

 

This is false. All we have to do is get rid of credit. No more stock exchange. It is not that they are bad, but how they are treated and overlooked by the elite.
Americas monetary decline was the implementation of credit.
I was always taught to lead by example. If our leaders feel they can just keep going in debt, than the people will feel the same. "I don't think I can afford that house, oh I'll just put it on credit and if anything claim bankruptcy".

 

What is there to say to the people left "holding the bag"? It's a fu*king business for Christ's sake! No guarantee of success or of any other is given. Unless you're a government employee (and don't add anything of value to the economy) you are responsible for your own path. Hard to understand for the libs I know, but its a dog eat dog world out there. No unicorns on the horizon either.

 

At what point is it immoral to accumulate wealth? As a nerd, I'm sure you value objectivity, so maybe you can give us a reasoned, logical moral limit. I'm accumulating wealth, but I don't want it to be an immoral amount!

 

I don't disagree. Doing business with a con man like Donald Trump is a risky proposition.

I've done work for a lot of developers in my day, and I know Trump's type very well. He's the guy who pulls up on the jobside in a new Mercedes, flashes his Rolex Presidential, and tells you about the grand vision for his next project......... and he's 120 days past due paying your last invoice.

And people are dumb enough to vote for that???????

 

Morality isn't defined by what is legal. Granted, had he not stolen from employees, vendors, contractors and investors he wouldn't have so much money. Adultery isn't illegal either so you're ok with that too?

A MORAL person would pay back employees and vendors when possible to do so.

 

Paying bills late in any business gives you a bad reputation. Not something Trump has.

If he was late paying his bills, we know damn well the libs with press passes would be screaming about a past due bill from every rooftop.

 

Trump has a terrible reputation in the business world. Wall Street isn't going to trust him any further than they can throw him. He's a loudmouthed real estate developer from Queens with a history of sketcy deals, who's leveraged to the hilt.

 

Lol "terrible reputation in the business world"?

I need to start making my business rep terrible, my bank account will hopefully begin climbing faster.

You're funny.

 

Maybe I failed to convey the sarcasm in my post . I am totally with you on that one.

 

Part of his $10 billion is he claims his name is worth $2.6 billion.
Even his own claim discounts his claim. He claims he has $400 in liquid assets. The rest is HIS calculating investment values against loans and debts. As long as nothing goes wrong with the businesses on the income side, and he can keep juggling loans and investors, he's ok. So it also is likely that he's billions in debt. It depends how you want to calculate it.

A person driving a 2 year old top line Ferrari can claim he is worth hundreds of thousands of dollars just because of it. But if you factor in his loan for it, the interest and high insurance to the reduced value being 2 years old and actually he might be overall a hundred thousand in the red.

 

Me? Trump provided that answer.

So it seems he's suggesting that most of his ventures come out well. I'm sure nobody has a 100% success rate, and he is being asked about one of those "failures", but he suggests he has a very good rate. He's also suggesting he's willing to make sacrifices to get things done, as well as work within the laws to get things done. He is also suggesting that perhaps some things need to fail instead of "flogging a dead horse"...

Maybe I'm reading too much into it, but, hey, you asked me to provide the answer from this quote.

 

That's pretty much the way Trump operates. You don't want this man to owe you money.

 

I doubt that Donald Trump has "started hundreds of companies". Most of what he starts are paper partnerships that control the leasing of naming rights to someone else's project. That's where most of Trump's self proclaimed net worth is now.

He has some of his fathers apartments in Queens, and a relatively small portfolio of Manhattan real estate. He's actually not even that big a player by New York real estate standard, and he's certainly no captain of industry.

He's a deal guy. He goes from scheme to scheme, always figuring out how to pay and put himself first with little regard to the outcome of the deal itself (by which time, he's already moved on).

You can get rich that way, and Trump is not the first to do so, nor will he be the last.

But it's no way to run a country.

 

As long as he knows the methods on actually putting something first, then it can be applied to anyone.
That doesn't suggest it would be how he would run the country, but certainly was relevant in the question that was prefaced with his business practice and acumen.

 

Because the left can't stand it when a conservative benefits from the low information voters. Hillary lied about the reason for the Benghazi attack and no one noticed....A-OK!

 

Again, you forget about all the people that were put out of work by Trump's "not personal" bankruptcies!

This is NOT a good thing for the country. . .the country doesn't want to be declared "bankrupt." Bankruptcies always makes victims.

 

Why do you think he declared bankruptcy several time? Because he didn't WANT to pay his bills, his workers, his suppliers! Since he kept his fortune (even wealthier every time he declared one of his business bankrupt!) he didn't pay his bills. . .he reneged on his commitments.

Its so unfair that, when a business goes bankrupt, it is "smart business," but when a family goes bankrupt (even due to reason that are not their fault, i.e., a catastrophic illness, or the loss of a job), it is shameful and embarrassing for the family!

How many people working for Trump ALSO had to declare PERSONAL bankruptcy, people who were working for those businesses that Trump filed bankruptcy on? Maybe even some of his suppliers!

That is what I would like to know!

 

Bankruptcy is used by businesses and individuals on a daily basis. Why is it a big deal when Trump uses it? Atlantic City tanked and so did many businesses at the time. It would be more of a mystery if Trump had not used the laws of bankruptcy.

 

You really don't get it. . .do you?

Yes, if you acted like Trump, YOU might get wealthy. . .but you would RUIN many people.

If you are ready to vote for Trump BECAUSE of his evil type of "business acumen!" make sure you realize that you may be buying into this immoral form of taking advantage of others. . .and that those "others" may be the whole citizenship of America. . . including yourself!

Obviously, Trump will not resolve our debt by "saving" or "making a good selection of which programs to cut," but by using his own experience. . .which is "screw everyone, as long as I come on top!"