Home Depot Co Founder:"Biden Does Not Understand How Business Works"

[Sunni Man]

In fairness, neither did trump

Surely you jest? ...
Trump has been starting and building businesses all his life.

 

[Jake Winker Frogen]

And

True Biden has never bankrupted a casino and is not over one billion dollars in debt like Trump.

Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested

The president’s liabilities are spelled out in dozens of documents, published here.

www.forbes.com

Biden has never invested anything, so he could not suffer any losses. Are you aware that all businesses borrow, dumbo? I worked as an accountant for 30 years and each one of my employers had debt. Good Lord. Where did Forbes get that number? Trump owned a whole lot of different businesses all over the world. He did not manage all of them, so he could not possibly know at any one time how much they all owed. The ignorance I find here is appalling,

And Biden has never destroyed small contractors or casinos as Trump has, has never went bankrupt but diverted enough money into his own personal accounts as all who invested with him went down as Trump has.

Biden is not one billion dollars in hoch as Trump is.

Really? Someone who has never really worked in the private sector, let alone run a business.... has never gone bankrupt or diverted money, or wrecked a small contractor?

Really?? You think? Someone who spent 99.9% of his entire life living off the tax payers, has never gone bankrupt?

HOLY CRAP!
View attachment 413357

Someone who never worked a day in his life, didn't do anything terrible in business!!

Next time you find a tick on your butt, just sit there saying "wow, you are working soooooo hard sucking the life blood out of me, just hanging there" and admire that tick, like you do Joe Biden.

I have way more respect for someone who has done SOMETHING, even if they go bankrupt, to someone who has just lived the life of a bloated leech sucking the hard earned money out of others.

Well some one who has never committed a killing because they were never in a gang is probably preferable to some one who has.

Trump has left a trail of financial carnage everywhere he has went, not for himself but for those who thought he was actually a decent and competent businessman.

Do you know how many businesses Trump runs?

The Trump Organization - Wikipedia

en.wikipedia.org

Over 500 different business, are part of the Trump organization.

So this "trail of financial carnage everywhere", please show many many examples you have, compared to how many successes.

His business empire is one billion dollars in debt as posted above.

He runs on borrowing and stock flotation but cannot turn a sustained profit and when the debt comes due, as it always does with Trump those around him lose.

Anyone who has researched this sees the same pattern time and time and time again.

His assets will be protected those who invested with him will lose.

If you think this is good business no wonder the Chinese are cleaning America's clocks economically.

Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested

The president’s liabilities are spelled out in dozens of documents, published here.

www.forbes.com

 

[Jake Winker Frogen]

Trump's own tax returns claims he is a bad businessman so hence needs massive tax deductions.

That is his entire tax line "I lost so much money I should not pay any tax"

Donald Trump âa bad businessman or a tax cheat â probably bothâ, say accountants

Experts say president’s $750 tax payments show he is abusing the system

www.theguardian.com

 

[Jake Winker Frogen]

Trump is a snake oil salesmen when it comes to business.

Turns Out President Business Deals Couldn't Manage a Lemonade Stand

You've got to think The Businessman President's image might take a hit now that we know beyond doubt that he's a crooked deadbeat.

www.esquire.com

 

[Jake Winker Frogen]

Between 1991 and 2009, its holding company filed for Chapter 11 bankruptcy four times. .

An unmitigated failure - cost thousands of people their jobs and left dozens of small businesses without payment .

( source : NYTIMES JUNE 11, 2016)

Trump still extracted millions of dollars by awarding himself millions in salary and bonus payments.

"I made a lot of money in Atlantic City," he said "And I'm very proud of it."

Newsweek August 27, 2016

________

1971 - Trumps say's Dad lent him a $1 million - to build out the Grand Hyatt hotel

but turns out his dad also signed & guaranteed $70 million in bank loans !

It gets worse - it looks more like his Dad had a problem & used & steered Donald thru the whole deal- this all btw not in Trumps book ...

Washington Post -

Trump’s father — whose name had been besmirched in New York real estate circles after investigations of abuses in his real estate projects — was an essential silent partner in Trump’s initiative. In effect, the son was the front man, relying on his father’s connections and wealth, while his father stood silently in the background to avoid drawing attention to himself.

1980 Donald Trump then bought casinos .

Me : great , what America needs more of ... casinos .. yech .

Trump Plaza & Castle were initially successful .

He then he bought the Taj Mahal casino that

A - siphoned off customers from his Plaza and the Castle casinos.

Me : He didn't see that coming ?

B- lost vast amounts of money

The Taj & all the casinos all eventually went bankrupt.

By December 1990, when Trump needed to make an $18.4 million interest payment, his father, , sent a lawyer to the Castle to buy $3.3 million in chips, to provide him with an infusion of cash.

1985 he borrowed from dad again .. . .

The Wall Street Journal has tracked down a 1985 casino-license disclosure that showed Trump’s father lent him $14 million - a value of $31 million in today's dollars.

Between 1991 and 2009, its holding company filed for Chapter 11 bankruptcy four times. .

An unmitigated failure - cost thousands of people their jobs and left dozens of small businesses without payment .

( source : NYTIMES JUNE 11, 2016)

Trump still extracted millions of dollars by awarding himself millions in salary and bonus payments.

"I made a lot of money in Atlantic City," he said "And I'm very proud of it."

Newsweek August 27, 2016

 

[Markle]

The predatory capitalism practiced by Big Business is the easiest to understand style of capitalism that exists today.

The philosophy is, screw the employees, screw the consumers, screw the suppliers, screw the shippers, and screw anyone else available. Then, use the money your business screwed these many sources out of to buy the necessary congressmen (and women) to cut funding to agencies tasked with investigating price-fixing and monopolies so they go ignored, make wage theft too expensive for the employees to prove, and limit the ability of the courts to impose penalties in product liability lawsuits.

The U.S. system of unregulated, predatory capitalism, is so basic, everyone but the RWNJs can understand it.
.

You're ignorance about the past four years and this election is not surprising. You happily swallowed all the Kool-Aid dished out by the DNC, George Soros, and the mainstream media.

President Trump's administration was going after and dealing with the bias and influence of the monopolies you criticize. Big Tech, big corporations, mass media, and the billionaires of America spent billions, over four years, to destroy President Trump. Why?

President Trump has vigorously fought all those you criticize and yet you support Joe Biden. Why? He has had massive financial support and in-kind support from all the groups you harshly criticized. Why?

 

[Andylusion]

And

True Biden has never bankrupted a casino and is not over one billion dollars in debt like Trump.

Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested

The president’s liabilities are spelled out in dozens of documents, published here.

www.forbes.com

Biden has never invested anything, so he could not suffer any losses. Are you aware that all businesses borrow, dumbo? I worked as an accountant for 30 years and each one of my employers had debt. Good Lord. Where did Forbes get that number? Trump owned a whole lot of different businesses all over the world. He did not manage all of them, so he could not possibly know at any one time how much they all owed. The ignorance I find here is appalling,

And Biden has never destroyed small contractors or casinos as Trump has, has never went bankrupt but diverted enough money into his own personal accounts as all who invested with him went down as Trump has.

Biden is not one billion dollars in hoch as Trump is.

Really? Someone who has never really worked in the private sector, let alone run a business.... has never gone bankrupt or diverted money, or wrecked a small contractor?

Really?? You think? Someone who spent 99.9% of his entire life living off the tax payers, has never gone bankrupt?

HOLY CRAP!
View attachment 413357

Someone who never worked a day in his life, didn't do anything terrible in business!!

Next time you find a tick on your butt, just sit there saying "wow, you are working soooooo hard sucking the life blood out of me, just hanging there" and admire that tick, like you do Joe Biden.

I have way more respect for someone who has done SOMETHING, even if they go bankrupt, to someone who has just lived the life of a bloated leech sucking the hard earned money out of others.

Well some one who has never committed a killing because they were never in a gang is probably preferable to some one who has.

Trump has left a trail of financial carnage everywhere he has went, not for himself but for those who thought he was actually a decent and competent businessman.

Do you know how many businesses Trump runs?

The Trump Organization - Wikipedia

en.wikipedia.org

Over 500 different business, are part of the Trump organization.

So this "trail of financial carnage everywhere", please show many many examples you have, compared to how many successes.

His business empire is one billion dollars in debt as posted above.

He runs on borrowing and stock flotation but cannot turn a sustained profit and when the debt comes due, as it always does with Trump those around him lose.

Anyone who has researched this sees the same pattern time and time and time again.

His assets will be protected those who invested with him will lose.

If you think this is good business no wonder the Chinese are cleaning America's clocks economically.

Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested

The president’s liabilities are spelled out in dozens of documents, published here.

www.forbes.com

So according to your own link, he has $3.6 Billion in assets. But he owes *possibly* $1 Billion.

No, for the record, I do not believe this is a good business practice.

I'm a firm believer in running entirely debt free. I don't have a credit card, or a loan on my car, or have any debts anywhere ever.

But... as far as Trump being bankrupt... no, your own link says that he could sell off 1/3rd of his assets and be debt free. By definition that means he isn't bankrupt.

If he was knocked down to $2.6 Billion in assets, I think somehow he would be able to manage.

That's what I would do, is sell off $1 Billion in assets, and pay off all the debts.

This is all speculation. From what I can see, Trump is making lots of money from his numerous business ventures. Does he have debt? Sure. But I don't see this "trail of financial destruction" that you claim.

Anyone who focuses exclusively on the negatives, will see a trail of negatives.

 

[MarathonMike]

It is a sad statement on America when a man who was never in politics until he was 70, made his fortune in the tough businesses of real estate and entertainment TV can be so vilified. And at the same time career political hacks like Biden who never worked an honest day in his life, lives in a sprawling mansion paid for by taxpayers can be so admired. The lack of clear thinking is astonishing.

 

[LAUGHatLEFTISTS]

The predatory capitalism practiced by Big Business is the easiest to understand style of capitalism that exists today.

The philosophy is, screw the employees, screw the consumers, screw the suppliers, screw the shippers, and screw anyone else available. Then, use the money your business screwed these many sources out of to buy the necessary congressmen (and women) to cut funding to agencies tasked with investigating price-fixing and monopolies so they go ignored, make wage theft too expensive for the employees to prove, and limit the ability of the courts to impose penalties in product liability lawsuits.

The U.S. system of unregulated, predatory capitalism, is so basic, everyone but the RWNJs can understand it.


.

You think the US practices unregulated capitalism. Every single o e of your posts concerning economics are null and void.
That's how dumb this post is.

 

[Markle]

Donald Trump Got a Tax Break For Stiffing Contractors

If you think his $916 million tax write-off is bad now, check this out.

fortune.com

And

True Biden has never bankrupted a casino and is not over one billion dollars in debt like Trump.

Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested

The president’s liabilities are spelled out in dozens of documents, published here.

www.forbes.com

Biden has never invested anything, so he could not suffer any losses. Are you aware that all businesses borrow, dumbo? I worked as an accountant for 30 years and each one of my employers had debt. Good Lord. Where did Forbes get that number? Trump owned a whole lot of different businesses all over the world. He did not manage all of them, so he could not possibly know at any one time how much they all owed. The ignorance I find here is appalling,

And Biden has never destroyed small contractors or casinos as Trump has, has never went bankrupt but diverted enough money into his own personal accounts as all who invested with him went down as Trump has.

Biden is not one billion dollars in hoch as Trump is.

Show us the evidence that Trump has destroyed small contractors. Trump's casino went bankrupt when all of Atlantic City was losing business because of Indian casinos all over the country. Show us the evidence of Trump's investors going under. All businesses go into debt. What a crock of BS.

And

True Biden has never bankrupted a casino and is not over one billion dollars in debt like Trump.

Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested

The president’s liabilities are spelled out in dozens of documents, published here.

www.forbes.com

Biden has never invested anything, so he could not suffer any losses. Are you aware that all businesses borrow, dumbo? I worked as an accountant for 30 years and each one of my employers had debt. Good Lord. Where did Forbes get that number? Trump owned a whole lot of different businesses all over the world. He did not manage all of them, so he could not possibly know at any one time how much they all owed. The ignorance I find here is appalling,

And Biden has never destroyed small contractors or casinos as Trump has, has never went bankrupt but diverted enough money into his own personal accounts as all who invested with him went down as Trump has.

Biden is not one billion dollars in hoch as Trump is.

Show us the evidence that Trump has destroyed small contractors. Trump's casino went bankrupt when all of Atlantic City was losing business because of Indian casinos all over the country. Show us the evidence of Trump's investors going under. All businesses go into debt. What a crock of BS.

Donald Trump Got a Tax Break For Stiffing Contractors

If you think his $916 million tax write-off is bad now, check this out.

fortune.com

Atlantic City: 'Trump turned this place into a ghost town'

When Trump won the election, photographer Brian Rose made straight for the gambling town – to show the reality behind his billionaire boasts. The broken city he captured speaks volumes about today’s America

www.theguardian.com

The lies Biden voters swallowed these past five years are not surprising given what they have been fed by the mass media with their in-kind contributions.

Here's how wrong you are on just one point.

"State Senate President Stephen Sweeney, a Democrat, recently told The Deal that the city "had a monopoly on gaming for 30 years."

Recently, though, the tide shifted. In the past 18 months, four casinos -- Revel AC, Trump Plaza Hotel and Casino, the Atlantic Club Casino Hotel and Showboat Atlantic City -- have closed their doors, costing 8,000 workers their jobs. The fading fortunes of Atlantic City's gaming industry have taken a toll on the municipality's fiscal situation. An emergency manager has been tapped to look into the city's dire finances."

How Casinos Failed Atlantic City and Why They're Still Part of Its Future

For decades, Atlantic City's unchallenged dominance of East Coast gambling was a winning bet. Those days are over -- but gaming will still be part of the city's comeback.

www.thestreet.com

 

[Jake Winker Frogen]

And

True Biden has never bankrupted a casino and is not over one billion dollars in debt like Trump.

Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested

The president’s liabilities are spelled out in dozens of documents, published here.

www.forbes.com

Biden has never invested anything, so he could not suffer any losses. Are you aware that all businesses borrow, dumbo? I worked as an accountant for 30 years and each one of my employers had debt. Good Lord. Where did Forbes get that number? Trump owned a whole lot of different businesses all over the world. He did not manage all of them, so he could not possibly know at any one time how much they all owed. The ignorance I find here is appalling,

And Biden has never destroyed small contractors or casinos as Trump has, has never went bankrupt but diverted enough money into his own personal accounts as all who invested with him went down as Trump has.

Biden is not one billion dollars in hoch as Trump is.

Really? Someone who has never really worked in the private sector, let alone run a business.... has never gone bankrupt or diverted money, or wrecked a small contractor?

Really?? You think? Someone who spent 99.9% of his entire life living off the tax payers, has never gone bankrupt?

HOLY CRAP!
View attachment 413357

Someone who never worked a day in his life, didn't do anything terrible in business!!

Next time you find a tick on your butt, just sit there saying "wow, you are working soooooo hard sucking the life blood out of me, just hanging there" and admire that tick, like you do Joe Biden.

I have way more respect for someone who has done SOMETHING, even if they go bankrupt, to someone who has just lived the life of a bloated leech sucking the hard earned money out of others.

Well some one who has never committed a killing because they were never in a gang is probably preferable to some one who has.

Trump has left a trail of financial carnage everywhere he has went, not for himself but for those who thought he was actually a decent and competent businessman.

Do you know how many businesses Trump runs?

The Trump Organization - Wikipedia

en.wikipedia.org

Over 500 different business, are part of the Trump organization.

So this "trail of financial carnage everywhere", please show many many examples you have, compared to how many successes.

His business empire is one billion dollars in debt as posted above.

He runs on borrowing and stock flotation but cannot turn a sustained profit and when the debt comes due, as it always does with Trump those around him lose.

Anyone who has researched this sees the same pattern time and time and time again.

His assets will be protected those who invested with him will lose.

If you think this is good business no wonder the Chinese are cleaning America's clocks economically.

Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested

The president’s liabilities are spelled out in dozens of documents, published here.

www.forbes.com

So according to your own link, he has $3.6 Billion in assets. But he owes *possibly* $1 Billion.

No, for the record, I do not believe this is a good business practice.

I'm a firm believer in running entirely debt free. I don't have a credit card, or a loan on my car, or have any debts anywhere ever.

But... as far as Trump being bankrupt... no, your own link says that he could sell off 1/3rd of his assets and be debt free. By definition that means he isn't bankrupt.

If he was knocked down to $2.6 Billion in assets, I think somehow he would be able to manage.

That's what I would do, is sell off $1 Billion in assets, and pay off all the debts.

This is all speculation. From what I can see, Trump is making lots of money from his numerous business ventures. Does he have debt? Sure. But I don't see this "trail of financial destruction" that you claim.

Anyone who focuses exclusively on the negatives, will see a trail of negatives.

The Forbes article says he lacks transparency so we do not know what his business assets are but that is their estimate.

Now given his previous track record he tends to over estimate his assets to continue to borrow and when the debts come due will not pay his debts with his assets, he will protect those and leave everyone else on the hook.

He has done this time and time again.

What is interesting is now that his taxes are being scrutinised intensely how does he square returns that say he loses money with asserts he claims are worth 2 billion?

As always with Trump is always lies, smoke and mirrors.

 

[Markle]

1971 - Trumps say's Dad lent him a $1 million - to build out the Grand Hyatt hotel

but turns out his dad also signed & guaranteed $70 million in bank loans !

Were the loans repaid according to the their terms?

 

[Markle]

Yes going bankrupt time and time again and ripping off your workers, partners and contractors, having one billion dollars of debt, ripping off everyone who comes in contact with you, no I guess I do not understand that kind of business.

You seem to be ignorant of the facts surrounding Donald Trump. Is that intentional or are yu simply that lazy that you swallow whatever is handed out by the mass media?

 

[LAUGHatLEFTISTS]

And he did not just steal from contractors, but workers too.

Trump Got Rich by Screwing Over Workers—Of Course He’s Doing It Again as President

“For decades, Trump repeatedly didn’t pay those who worked for him, and now that he’s in the White House, little has changed.”

www.thenation.com

The man has screwed almost everyone who has done a deal with thim.

Including now the Republican Party.

Trump D.C. Hotel Contractors Say They're Owed Millions

Liens filed by construction firms against the Trump Organization's new luxury Washington hotel claim they're owed more than $5 million for unpaid work. The federal government holds the building lease.

www.npr.org

Jakey, supposedly your man won. Shouldnt you be busy telling us how great he's going to be?

Typical leftist. Has to be angry about something at all times. What a sad existence.

 

[22lcidw]

When it comes to business most of the Prog posters here seem to type like they are the best knowledge in business practices around. That means each of you must be worth hundreds and hundreds of millions of dollars each at least. Trump was in the building business. A tough one in parts of the nation. New York is difficult. Atlantic City was difficult. Working with corrupted long term Prog politicians with many corrupted, corrupted unions and organized crime influence is not a walk in the park. the politician does something and walks away from it moving to the next agenda. Trump had to take the spears and arrows in anything that did not go well. And I guarantee you the corrupted that he had to associate with were part of most of anything he had a problem with.

 

[Jake Winker Frogen]

And he did not just steal from contractors, but workers too.

Trump Got Rich by Screwing Over Workers—Of Course He’s Doing It Again as President

“For decades, Trump repeatedly didn’t pay those who worked for him, and now that he’s in the White House, little has changed.”

www.thenation.com

The man has screwed almost everyone who has done a deal with thim.

Including now the Republican Party.

Trump D.C. Hotel Contractors Say They're Owed Millions

Liens filed by construction firms against the Trump Organization's new luxury Washington hotel claim they're owed more than $5 million for unpaid work. The federal government holds the building lease.

www.npr.org

Jakey, supposedly your man won. Shouldnt you be busy telling us how great he's going to be?

Typical leftist. Has to be angry about something at all times. What a sad existence.

This thread is about what a dishonest and horrible businessman Trump is, probably a tax cheat too.

The Trump suffers humiliating defeat Biden gloating threads are elsewhere.

 

[Jake Winker Frogen]

Yes going bankrupt time and time again and ripping off your workers, partners and contractors, having one billion dollars of debt, ripping off everyone who comes in contact with you, no I guess I do not understand that kind of business.

You seem to be ignorant of the facts surrounding Donald Trump. Is that intentional or are yu simply that lazy that you swallow whatever is handed out by the mass media?

Here is the Trump cult again, everyone is lying, the entire media including conservative outlets, the IRS, the hundreds of contractors who have been screwed by Trump, the thousands of workers screwed by Trump, his many former business partners saying he is a tax cheat and rips off investors, everyone but Trump is lying.

This is how cults work.

 

[skews13]

In fairness, neither did trump

Donald Trump âa bad businessman or a tax cheat â probably bothâ, say accountants

Experts say president’s $750 tax payments show he is abusing the system

www.theguardian.com

Or McConnell.

 

[skews13]

Yes going bankrupt time and time again and ripping off your workers, partners and contractors, having one billion dollars of debt, ripping off everyone who comes in contact with you, no I guess I do not understand that kind of business.

You seem to be ignorant of the facts surrounding Donald Trump. Is that intentional or are yu simply that lazy that you swallow whatever is handed out by the mass media?

Here is the Trump cult again, everyone is lying, the entire media including conservative outlets, the IRS, the hundreds of contractors who have been screwed by Trump, the thousands of workers screwed by Trump, his many former business partners saying he is a tax cheat and rips off investors, everyone but Trump is lying.

This is how cults work.

 

[Kondor3]

Home Depot Co Founder:"Biden Does Not Understand How Business Works

Oh, screw the goddamned businesses...

At least we can now look forward to someone who understands Leadership, honesty and service that prioritizes Country over Self...

Your Orange Baboon-God is entirely unfit for office, and the American People have no judged him to be thus...

"Somebody get that piece of $hit outta the People's House."