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To: jonrick46

“Trump was too busy turning his incredible pragmatic mind towards his business”

I’m concerned he’ll run the country like his Trump Mortgage.
http://www.redstate.com/streiff/2016/02/29/failure-trump-mortgage-predicts-president-trump-operate/


86 posted on 02/29/2016 7:09:44 AM PST by llmc1
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To: llmc1
I suspected the housing market collapse when I read your link. So I did a easy look and I quote this excerpt from Time:

"Within a year and a half, Trump Mortgage had closed shop. The would-be lending powerhouse was done in by timing (the housing market cratered in 2007) and ironically enough, given Trump's Apprentice TV show, poor hiring,"

Many other reports on that failure say the same thing. Some leave the effects of the housing market collapse completely out. The lying by omission is typical stuff by the Lame Stream Media. Some suggest that taking on a lending institution is very difficult if it is not done right. The poor hiring suggests there was some mismanagement that needed more close scrutiny. I suspect that Trump may have thought he could create a completely autonomous operation and let it do its thing without too much of his involvement. That part, I just don't have time for the research.

112 posted on 02/29/2016 12:43:34 PM PST by jonrick46 (The Left has a mental disorder: A totalitarian mindset..)
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