What do you think about Donald Trump running for president?

  • helen
  • 02-24-2011, 06:41 PM
sweet, that pretty much sums up any and all DNC talking points, then.
Hawkeye9's Avatar
yes he is... he is a complete idiot, and a failure at business.

http://graneyandthepig.wordpress.com...han-you-think/

DONALD TRUMP
Donald Trump is a fraud. The man hailed on television shows like The Apprentice and throughout the media as one of America’s top entrepreneurs is about to pile up more major bankruptcies. He is, in reality, one of the biggest business failures in world history.
In fact, Trump may be the greatest fraud in American history. So far, Donald Trump’s sole and only successful enterpreneurial skill has been to outlive his father. When Fred Trump died he was worth $400 million. The death of Fred Trump was arguably the last successful business venture of “The Donald.” Fred Trump’s inheritance money was responsible for contributing a “significant amount to Donald Trump’s wealth.”
Since then it has been failure after failure for Trump. Most people already know that Trump bankrupted his casino empire in Atlantic City. TWICE. In 2005, The New York Times business section wrote that Trump was close to “shutting his doors” in the late ’90s. He was forced to borrow money from family members against the future inheritance of his dying father. Without his family loans “there would be no Donald Trump” as we know him today according to the Times. Trump then lied to the paper about the loans.

All of this is old news. Everybody knows how Trump re-invented himself and became America’s most famous celebrity rich guy. However, there are two seperate reports today that Trump is about to bite it again financially and he has taken hundreds of millions of investors’ dollars down with him.
First comes news in The Wall Street Journal that Trump Entertainment Resorts (Trump’s casino company) is going to miss a $53.1 million interest payment due today. Trump’s $53 million is just the INTEREST on $1.25 billion in outstanding notes. Trump can’t even pay the interest on the debt, let alone the principle on the loans. The company’s stock is now worth 31 cents a share due to Trump’s business genius. A year ago the stock was worth $6 a share. Once, the stock went for $24 a share.
Meanwhile, in a completely seperate financial Titanic, Trump’s other business, the Trump Organization (the real estate company he inherited from is father), is being sued over construction of the Trump International Hotel in Chicago. Donald Trump put up a “personal guarantee” of $40 million on the project which cost $640 million. Trump still owes over $334 million on the loan. Again, he can’t even pay the $40 million he PERSONALLY owes, let alone the $334 million owed to creditors.


Finally, anybody who has ever been to Atlantic City knows Trump’s properties (the Trump Plaza and the Trump Taj Mahal) are dumps. They are comparable to the most outdated Las Vegas facilities like the Tropicana or the Imperial Palace, filled with cigarette smoking, 70-year-old blue hairs. While builders in Vegas have spent the better part of the last two and a half decades building glimmering and opulent palaces in the desert, during times of record growth and profit, Trump COMPLETELY MISSED the gravy train. The famous tic-tac-toe playing chicken had more success and a better Las Vegas track record than Trump. You’d have been better off investing your money in the chicken.
By the time Trump got around to building in Las Vegas, the economy had tanked. Although sales were brisk for both of the Las Vegas Trump Tower projects, the resulting bank financing to Trump’s wealthy tenants was an unmitigated disaster. Months after its opening, Trump International had closed escrow on less than 20 percent of its buyers according to the Las Vegas Sun.
If you were an investor in any of Donald Trump’s casino or real estate projects, it’s far beyond time to tell the fake tycoon, “You’re fired.”

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anybody want to vote for this idiot now? i hate to ask the question as so many idoits voted for dubya and ronald raygun. and arnold. and sarah and the super old guy she was running with.

JPdM Originally Posted by Juan Pablo de Marco
so I take it you lost you ass on a Trump investment and are bitter. lol!!
cookie man's Avatar
Since Trump is so good at screwing up business, accumulating debt, and decisions driving to bankruptcy, he would fit right in with the Obama administration. Boot Biden and add the Donald.

Juan I think Obama had a golden opportunity to lead this nation out of this terrible recession. He just took his eye off the ball. If he had focused on the economy from the beginning, then he might have had a chance to do more on issues like health care in his second term. I'm editting here, but agree a second term is in serious jeopardy.

"anybody want to vote for this idiot now? i hate to ask the question as so many idoits voted for dubya and ronald raygun. and arnold. and sarah and the super old guy she was running with. "

I agree on Palin and Arnold. What did the Dems put up in elections?
Gore, Kerry, Carter, Mondale...are you kidding me...lol
I would add Obama because he was not qualified, but McCain/Palin was weak.
Juan Pablo de Marco's Avatar
so I take it you lost you ass on a Trump investment and are bitter. lol!! Originally Posted by Hawkeye9
wasn't dumb enough to invest with 'the DONALD'. how sad so many were though.
Juan Pablo de Marco's Avatar
All I have to say it was 8 years, not 4. Originally Posted by Hawkeye9
sadly...you are correct.
Nitwitboy's Avatar
JPDM - Thanks. Why does everyone think Trump is a great business man. He inherited most of it and has lost it a few times.
JPDM - Thanks. Why does everyone think Trump is a great business man. He inherited most of it and has lost it a few times.
He is good at modern business practice; he can always find the funds to pull his head out of his ass and he never uses his own money. Now, if he had a real stake in his business he would be living under a bridge by now and eating out of garbage cans.
cptjohnstone's Avatar
sadly...you are correct. Originally Posted by Juan Pablo de Marco
RR should be on Mt Rushmore, "tear down this wall", he put Russia out of business
I think it's a great idea, especially if he runs as an independent. Where can I go to encourage him? Or anyone else who will help split the Republican vote!!!! Originally Posted by TexTushHog
Amen. Hope Ron Paul throws his hat in the independent ring too.
All I have to say it was 8 years, not 4. Originally Posted by Hawkeye9
The last 4 don't count since he couldn't remember them.....
The last 4 don't count since he couldn't remember them..... Originally Posted by timpage
Ha! So true!

That's exactly what I was thinking timpage.
timothe's Avatar
The last 4 don't count since he couldn't remember them..... Originally Posted by timpage
He may not have, but the rest of us do. It was his last four years that we won the greatest of all American wars...without firing a shot.
Well, some of us do and some of us don't. It was certainly a victory of one ideology over another. But, the idea that Reagan somehow forced the Soviets to capitulate is more a political formulation advanced by Reagan worshipers than fact-based reality. Gorbachev had a lot more to do with it than Ronald Reagan.
SkyDriver's Avatar
I found myself eating supper in a blue collar burger/beer joint outside Atlantic City one night. There were several televisions around the room above the bar. Trump's picture came up associated with some news story and the temperature in the room rose visibly along with associated murmuring. I asked the tee shirt clad gent on the stool next to me why all the hard feelings for Trump. He replied "That SOB has bankrupted on every working man in this bar. If he walked in here he would not get out alive !" People think its just the high rollers and banks getting burned when these jaybirds bankrupt. I have always felt Trump was a little slimy and that solidified my opinion.
"That SOB has bankrupted on every working man in this bar. If he walked in here he would not get out alive !" ........ I have always felt Trump was a little slimy and that solidified my opinion. Originally Posted by SkyDriver
Very insightful story SkyDiver. Thanks for sharing. I've had mixed opinions about the man....and your post is right on. He thinks he has flattered the public enough by his TV persona to run for president? Think again Mr. Trump.

Perhaps we SHOULD elect him and let Congress rip him to shreds.
Then.....after 4 years (or sooner)....we could say those famous words...."Donald - - - YOU'RE FIRED"!

TT