The real story of Trump's business practices

oreo

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Sep 15, 2008
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This is an interesting article regarding Trump's successes and his failures and what he has been doing since 2007 (just basically selling his name.) A long article but it describes his business dealings, bankruptcy's from start to present day.

"Donald Trump was thundering about a minority group, linking its members to murderers and what he predicted would be an epic crime wave in America. His opponents raged in response – some slamming him as a racist – but Trump dismissed them as blind, ignorant of the real world. No, this is not a scene from a recent rally in which the Republican nominee for president stoked fears of violence from immigrants or Muslims. The year was 1993, and his target was Native Americans, particularly those running casinos who, Trump was telling a congressional hearing, were sucking up to criminals.

Trump, who at the time was a major casino operator, appeared before a panel on Native American gaming with a prepared statement that was level-headed and raised regulatory concerns in a mature way. But, in his opening words, Trump announced that his written speech was boring, so he went off-script, even questioning the heritage of some Native American casino operators, saying they “don’t look like Indians” and launching into a tirade about “rampant” criminal activities on reservations. “If [Native American gaming] continues as a threat, it is my opinion that it will blow. It will blow sky high. It will be the biggest scandal ever or one of the biggest scandals since Al Capone,” Trump said. “That an Indian chief is going to tell [mobster] Joey Killer, ‘to please get off his reservation’, is almost unbelievable to me.”

His words were, as is so often the case, incendiary. Lawmakers, latching onto his claim to know more than law enforcement about ongoing criminal activity at Native American casinos, challenged Trump to bring his information to the FBI. One attacked Trump’s argument as the most “irresponsible testimony” he had ever heard. Connecticut Governor Lowell Weicker Jr, whom Trump had praised in his testimony, responded by calling him a “dirtbag” and a bigot; Trump immediately changed his mind about the governor, proclaiming Weicker to be a “fat slob who couldn’t get elected dog catcher in Connecticut”.

The rest at this link: Donald Trump’s business failings, explained
 

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