bripat9643
Diamond Member
- Apr 1, 2011
- 170,164
- 47,312
The number of Trump bankruptcies that snowflakes claim ranges anywhere from 4 to twelve. However, the fact is that Trump has had no bankruptcies since his Atlantic city casinos went bust. Yet, you claim that all his deals are designed to produce bankruptcy. There appears to be a flaw in your "logic."Crooked deals on all of themHe built the tower in Chicago, dumbass, and he also built the golf course in Scotland. Trump was building resorts all over the world before he ran for office.I mean wow. One of the businesses I owned was a restaurant. The government red tape and regulations involved in opening that. And Trump was a developer. He must have dealt with hundreds of corrupt government officials. Government puts up their hurdles, they don't care what it costs you or if you create any jobs. They make that very clear to you.
And yet, with a special prosecutor:
- Focused only on investigating Trump
- With an unlimited budget
- Who has no time restrictions
- With no restrictions onwhat he investigates about Trump
- Who's investigating everyone and anyone Trump ever dealt with any time in their lives, not just when they were working with Trump
- Is willing to get any crime no matter how petty
- And who can even create crimes by analyzing anything said and prosecuting for any contradiction for a crime they created
And they still can't get shit on the guy. Democrats are now hanging their hats on a couple convicted criminals they hope will say anything about Trump to somehow lighten their sentences even though they're both liars.
My hats off to Trump. The guy may be a braggart and a dog to women. But wow, legally, he's incredibly clean. A round of applause
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You people are fucking clueless. What was the last building that Trump/property developed? Trump Inc is nothing but a holding company now, they do not do any of their own developing. They sell the Trump name and they buy companies as a holding company and have little to no input in their day to day business operations.
Bankruptcies on 7 of them. Neither of the resorts in Scotland have ever shown a profit.
These businesses are set up as subsidiary corporations of the Trump Corporation. Resort Corporation (RC) then contracts with the Trump Corporation (TC) to build and manage the RC. The contract calls for big bucks to go to TC for their services in managing the construction, and the Trump name to stay on the resort. Then TC starts selling off shares in the RC, usually divesting itself of most of its shares. TC or Trump personally retains a small stake. 5% to 15%.
When the resort opens, TC runs it under the management agreement, getting a huge management fee for their services and the prestige and good will in being a “Trump Property”. When the resort goes broke because TC bled it dry, Trump goes to another country and makes a deal on another resort property.
None of the above is illegal. Unethical, destructive and bad for business, yes, but not illegal.