Creating jobs that NEVER pay ..

[Siete]

submit a bid, get the contract, build a showplace, then wait in line to collect 33 cents on the dollar for the work you completed in good faith..


Trump Taj bankruptcy left many contractors angry

 

[Weatherman2020]

At this point what does it matter?

 

[Siete]

At this point what does it matter?

what point? it never matters to Trumpbots at any point.

you pay for, and lay millions of dollars of expensive marble then get nothing for it ... tell that guy it doesn't matter.

 

[Weatherman2020]

At this point what does it matter?

what point? it never matters to Trumpbots at any point.

you pay for, and lay millions of dollars of expensive marble then get nothing for it ... tell that guy it doesn't matter.

 

[Siete]

Trumpbots think its an HONOR to get fucked by Donnie.

 

[Soggy in NOLA]

submit a bid, get the contract, build a showplace, then wait in line to collect 33 cents on the dollar for the work you completed in good faith..


Trump Taj bankruptcy left many contractors angry

Who cares? Happens every day all over America. Tell us, what has the Clinton Crime Foundation done for anyone other than make the Clintons filthy stinking rich?

 

[Soggy in NOLA]

Trumpbots think its an HONOR to get fucked by Donnie.

And Clinton cocksuckers think it's an honor to get fucked by the Clintons.

 

[Siete]

Trumpbots think its an HONOR to get fucked by Donnie.

And Clinton cocksuckers think it's an honor to get fucked by the Clintons.

there it is .... AUTODEFLECT ..... CLINTON

mention Trump and shazam ........ ^^^^^^^^^ magically appears .

 

[Soggy in NOLA]

Trumpbots think its an HONOR to get fucked by Donnie.

And Clinton cocksuckers think it's an honor to get fucked by the Clintons.

there it is .... AUTODEFLECT ..... CLINTON

mention Trump and shazam ........ ^^^^^^^^^ magically appears .

Yeah, and auto-deflect, Trump.

You ignore the reprehensible nature of your candidate, by deflecting to a business venture of the GOP candidate.

Hypocrite.

 

[Soggy in NOLA]

But... but.. Trump... Trump...

 

[Siete]

Trumpbots think its an HONOR to get fucked by Donnie.

And Clinton cocksuckers think it's an honor to get fucked by the Clintons.

there it is .... AUTODEFLECT ..... CLINTON

mention Trump and shazam ........ ^^^^^^^^^ magically appears .

Yeah, and auto-deflect, Trump.

You ignore the reprehensible nature of your candidate, by deflecting to a business venture of the GOP candidate.

Hypocrite.

ok. fine lets compare apples to apples

how many times has Clinton built a Casino, declared bankruptcy, and left contractors holding the bills, putting some of them out of business?

 

[Soggy in NOLA]

Trumpbots think its an HONOR to get fucked by Donnie.

And Clinton cocksuckers think it's an honor to get fucked by the Clintons.

there it is .... AUTODEFLECT ..... CLINTON

mention Trump and shazam ........ ^^^^^^^^^ magically appears .

Yeah, and auto-deflect, Trump.

You ignore the reprehensible nature of your candidate, by deflecting to a business venture of the GOP candidate.

Hypocrite.

ok. fine lets compare apples to apples

how many times has Clinton built a Casino, declared bankruptcy, and left contractors holding the bills, putting some of them out of business?

Sure.... zero. And the same for Trump.

Next question?

 

[Siete]

Trumpbots think its an HONOR to get fucked by Donnie.

And Clinton cocksuckers think it's an honor to get fucked by the Clintons.

there it is .... AUTODEFLECT ..... CLINTON

mention Trump and shazam ........ ^^^^^^^^^ magically appears .

Yeah, and auto-deflect, Trump.

You ignore the reprehensible nature of your candidate, by deflecting to a business venture of the GOP candidate.

Hypocrite.

ok. fine lets compare apples to apples

how many times has Clinton built a Casino, declared bankruptcy, and left contractors holding the bills, putting some of them out of business?

Sure.... zero. And the same for Trump.

Next question?

ok, spongebrain, you're dismissed.

 

[Soggy in NOLA]

And Clinton cocksuckers think it's an honor to get fucked by the Clintons.

there it is .... AUTODEFLECT ..... CLINTON

mention Trump and shazam ........ ^^^^^^^^^ magically appears .

Yeah, and auto-deflect, Trump.

You ignore the reprehensible nature of your candidate, by deflecting to a business venture of the GOP candidate.

Hypocrite.

ok. fine lets compare apples to apples

how many times has Clinton built a Casino, declared bankruptcy, and left contractors holding the bills, putting some of them out of business?

Sure.... zero. And the same for Trump.

Next question?

ok, spongebrain, you're dismissed.

Backatcha liar. Tell me, when did Donald Trump declare bankruptcy?

 

[DGS49]

Note the use of "Trump" and "he" throughout this article.

Donald Trump did not enter into these contracts. A legal entity developed and partly owned by Trump entered into the contracts. The company had Trump's name, but there were no personal guarantees or, apparently, any payment security (payment bond, L/C, etc). Anyone entering into a contract with this legal entity was obliged to do a bit of "due diligence" to satisfy itself that it was signing on with a company that had the wherewithal to meet its debts.

Construction subcontractors typically insist on either milestone or progress payments, which are intended to ensure that they will never be very far under water if the project goes belly up or if the project owner does not pay. Also, non-payment during construction is grounds for suspending the work - without penalty, for those with the balls to do so. Finally, these companies apparently were willing to sign contracts that waived their statutory right to file a mechanic's lien - something that should only be done on rare occasions when there is no question of payment. Had they not signed away their lien rights their bargaining position would have been much better when the casino failed to pay.

In this case, it was a very speculative venture, created on the assumption that there would be enough people willing to pay premium prices for food, lodgings, and services, when compared to other gambling establishments nearby. The contractors mentioned in the article made very poor business decisions and did not exercise very good project management during the course of the work.

Trump develops projects all over the world, many of which are very speculative in nature. In most cases they are successful, but sometimes the projects fail. There is no comparison with a lifetime politician (or wife of a politician) who basically does nothing, and can basically never fail to do it.

 

[Soggy in NOLA]

Yeah, I didn't think so.

 

[kaz]

submit a bid, get the contract, build a showplace, then wait in line to collect 33 cents on the dollar for the work you completed in good faith..


Trump Taj bankruptcy left many contractors angry

And Hillary wanting government to rape business owners is so much better

 

[Siete]

Note the use of "Trump" and "he" throughout this article.

Donald Trump did not enter into these contracts. A legal entity developed and partly owned by Trump entered into the contracts. The company had Trump's name, but there were no personal guarantees or, apparently, any payment security (payment bond, L/C, etc). Anyone entering into a contract with this legal entity was obliged to do a bit of "due diligence" to satisfy itself that it was signing on with a company that had the wherewithal to meet its debts.

Construction subcontractors typically insist on either milestone or progress payments, which are intended to ensure that they will never be very far under water if the project goes belly up or if the project owner does not pay. Also, non-payment during construction is grounds for suspending the work - without penalty, for those with the balls to do so. Finally, these companies apparently were willing to sign contracts that waived their statutory right to file a mechanic's lien - something that should only be done on rare occasions when there is no question of payment. Had they not signed away their lien rights their bargaining position would have been much better when the casino failed to pay.

In this case, it was a very speculative venture, created on the assumption that there would be enough people willing to pay premium prices for food, lodgings, and services, when compared to other gambling establishments nearby. The contractors mentioned in the article made very poor business decisions and did not exercise very good project management during the course of the work.

Trump develops projects all over the world, many of which are very speculative in nature. In most cases they are successful, but sometimes the projects fail. There is no comparison with a lifetime politician (or wife of a politician) who basically does nothing, and can basically never fail to do it.

Finally, these companies apparently were willing to sign contracts that waived their statutory right to file a mechanic's lien - something that should only be done on rare occasions when there is no question of payment.

it pays to never assume one of the richest men in the country will make good on his debts ... got it.

 

[Soggy in NOLA]

Note the use of "Trump" and "he" throughout this article.

Donald Trump did not enter into these contracts. A legal entity developed and partly owned by Trump entered into the contracts. The company had Trump's name, but there were no personal guarantees or, apparently, any payment security (payment bond, L/C, etc). Anyone entering into a contract with this legal entity was obliged to do a bit of "due diligence" to satisfy itself that it was signing on with a company that had the wherewithal to meet its debts.

Construction subcontractors typically insist on either milestone or progress payments, which are intended to ensure that they will never be very far under water if the project goes belly up or if the project owner does not pay. Also, non-payment during construction is grounds for suspending the work - without penalty, for those with the balls to do so. Finally, these companies apparently were willing to sign contracts that waived their statutory right to file a mechanic's lien - something that should only be done on rare occasions when there is no question of payment. Had they not signed away their lien rights their bargaining position would have been much better when the casino failed to pay.

In this case, it was a very speculative venture, created on the assumption that there would be enough people willing to pay premium prices for food, lodgings, and services, when compared to other gambling establishments nearby. The contractors mentioned in the article made very poor business decisions and did not exercise very good project management during the course of the work.

Trump develops projects all over the world, many of which are very speculative in nature. In most cases they are successful, but sometimes the projects fail. There is no comparison with a lifetime politician (or wife of a politician) who basically does nothing, and can basically never fail to do it.

Thanks.. been my point all along. It is quite easy to never fail when you never really do anything. The Clintons have been sucking off the taxpayers their entire lives. Same as Obama. He's never really worked a day in his life.

 

[Mr Natural]

If these contractors aren't prepared to deal with the big boys then maybe they should find a line of work they're more suited to.

What smart businessman would willingly pay full asking price when he doesn't have to? Especially when he's got an army of attorneys on staff to do the dirty work.

Full price. That's for suckers and losers.