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Yes, Trump University Was a Massive Scam
The National Review ^ | February 27, 2016 | Ian Tuttle Read more at: http://www.nationalreview.com/corner/432010/trump-university-scam

Posted on 02/27/2016 12:19:21 AM PST by Cincinatus' Wife

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To: Cincinatus' Wife

I am now convinced that TU or some other criminal charge will be what knocks Trump out.

I used to think Trump’s inspirations were from his growing up listening to his church pastor, Norman Vincent Peale, but after opening my eyes I can now better see he was a study of PT Barnum.

Phineas Taylor “P. T.” Barnum was an American showman and businessman remembered for promoting celebrated hoaxes and for founding the Barnum & Bailey Circus. Although Barnum was also an author, publisher, philanthropist, and FOR SOME TIME A POLITICIAN, he said of himself, “I am a showman by profession...and all the gilding shall make nothing else of me”, and his personal aim was “to put money in his own coffers”. Barnum is widely credited with coining the phrase “There’s a sucker born every minute”.

The similarities a coincidence? Not likely, Trump being a master marketer and promoter.


181 posted on 02/27/2016 6:21:16 AM PST by X-spurt
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To: nathanbedford

Call it by any name a tax at the point of sale is ripe for abuse. How many enforcement persons does it take to mange the European VAT system? I will grant you that the “Flat Tax’ is not a European style vat but it is still a “consumption” tax.

BTW I will make a ton of money if the Flat VAT Tax is put in place. I learned for some of the best in Europe how to beat the system.

I still oppose it on principle.


182 posted on 02/27/2016 6:22:12 AM PST by mad_as_he$$ (Cruz=VAT tax= No thanks.)
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To: P.O.E.

Lol!!!

Doesn’t Disney also have a “ university”?


183 posted on 02/27/2016 6:27:07 AM PST by silverleaf (Age takes a toll: Please have exact change)
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To: Windflier

Ted may get the votes of the people who filed this “ class action” lawsuit

All 4 of them


184 posted on 02/27/2016 6:28:12 AM PST by silverleaf (Age takes a toll: Please have exact change)
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To: goldstategop

In the case of Trump University and other like “educational institutions” the scam is that they promise very specific things in their advertising and prospectus and then do not deliver.

Same as if you pay for gold bars and get gold painted lead.

Simple.


185 posted on 02/27/2016 6:28:45 AM PST by Roses0508
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To: doghorse

Class action lawsuits are intended as a way for individuals with the same grievances to band together to seek restitution or relief who would not otherwise be able to do so due to limited resources.

They do provide a path to justice in many instances. Have unethical individuals made a living misusing them? Yes, but that does not mean that a class action suit is automatically a fraud.


186 posted on 02/27/2016 6:35:56 AM PST by Roses0508
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To: nathanbedford

“I think twenty-one allegations which is my count of the allegations I listed would take up quite a lot of room probably more room than can be accommodated in anybody’s ass

You must have had a mental lapse. What I said you originally got out of your ass was the pseudo-psychoanalytical drivel that you posted. That probably originated from you.

The long list is probably something you lifted off the internet.


187 posted on 02/27/2016 6:38:54 AM PST by odawg
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To: glock rocks

NR to Trumpbots, that’s for sure. Don’t be trying to confuse em with facts, their minds are made up.

The Pipers sound is so sweet as we gleefully march toward the cliff.


188 posted on 02/27/2016 6:39:56 AM PST by X-spurt
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To: nathanbedford
I have been to one of these programs marketed in the name of 2 successful HGTV real estate speculators who fix and flip property

The possibilities were interesting, the basis being research the property market, find properties in tax arrears , buy tax liens on the best properties , collect interest when the lien is redeemed or resell the lien or cut ally take the property if the lien is not paid

Then flip the property to a speculator, or take possession fix it and flip it yourself

The seminar service, for extra fees, offer more intense workshops, access to their research on property tax bases, access to their network of lenders and Realtors and speculators looking to buy and flip

Of course they make it sound east and it could be- if you devoted your time to doing the research and finagling the deal. Starting small is perfectly possible but getting greedy is probably a major issue with some folks

The room was full of what we would politely call Low info voters who looked like the only real estate experience they ever had was with section 8.... Plus quite a few gray heads looking for a retirement profession

So it is really amazing that 98% of the folks at the Trump pony show said they were satisfied.... The 3 day money back guarantee was also standard so if you didn't like what you heard, take your money and go home

I would have to call this a politically motivated witch hunt vs Trump

189 posted on 02/27/2016 6:42:55 AM PST by silverleaf (Age takes a toll: Please have exact change)
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To: odawg
I assure you the list of twenty-one allegations of misconduct or unseemly conduct on the part of Donald Trump were entirely of my own authorship done from memory off the top of my head and, yes, all the information is available on the Internet. Anyone who is interested in exploring the fraudulent career of Donald Trump can make up his own list.

It is Donald Trump who truly needs a colonoscopy.


190 posted on 02/27/2016 6:47:30 AM PST by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: Cincinatus' Wife

BINGO!


191 posted on 02/27/2016 6:48:25 AM PST by X-spurt
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To: patq

Yeah,that’s why Texas shut it down 6 years ago and why NY state is prosecuting him.


192 posted on 02/27/2016 6:51:02 AM PST by libbylu (Cruz: The truth with a smile.)
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To: goldstategop

Tramp University was shut down in the classic sense of a crime.


193 posted on 02/27/2016 6:51:16 AM PST by X-spurt
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To: tirednvirginia

Where are they today?????

Suit file fees are just chump change for Chump Trump.


194 posted on 02/27/2016 6:57:52 AM PST by X-spurt
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To: Cincinatus' Wife

You have taken a lot of flack on this site for taking a stand for doing what is right and for the truth. In case I don’t get a chance to say it later, THANK YOU for doing so. I’ve been reading about Trump university and have no doubt that it was a get rich quick scam, and that it cost a lot of people, who were just wanting to better themselves, a lot of their hard-earned money. Trump is now doing the same thing to America. We are giving our country to a serial fraudster. His very slogan, “Make America Great Again” was stolen from Reagan. Reagan used it to promote the idea that the American people would make America great again. And in the 1980’s, under his leadership, we rose up and did just that. Trump uses this slogan to promote the false notion that we can only “win” if he and big government do it for us little people. It’s all about HIM winning and about what HE is going to do, or force others to do, i.e. Mexico “paying” for the wall. His road to success involves crushing everyone who gets in his way—no wise defense of his own positions, just ridicule and false accusations aimed at his adversaries. I pray with all my heart that America awakes and rejects the fraud that is Trump.


195 posted on 02/27/2016 7:01:10 AM PST by TerrisFriend
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To: silverleaf
The room was full of what we would politely call Low info voters who looked like the only real estate experience they ever had was with section 8 These poor wretched ingénues against the multibillionaire property developer-the perfect marks for the grifter.

So it is really amazing that 98% of the folks at the Trump pony show said they were satisfied.

I am very skeptical of the statistic, it is trumped up by Trump's people, I think. In any event if only one person was defrauded it is still a fraud.

The 3 day money back guarantee was also standard so if you didn't like what you heard, take your money and go home

As I understand the factual allegations, the initial weekend affair was really only an infomercial designed to pressure the "low info" attendees into springing for the next more expensive lecture.

As one with some experience in property myself, the first reality to be faced is that these homes were foreclosed upon usually because there are problems with the property. Rare is the example when the problem is with the owner of the property. That is because in a mortgage foreclosure the bank will take it by bidding in its balance so that leaves, normally, tax sales. It leaves tax sales also because that is where the property is available for a very cheap price. But there is a reason for that. Usually the property is undesirable in both location and condition.

The free market bids the price of these properties up to a point where very experienced experts whose sole occupation is to invest in these properties for a living know when the lines cross when it does not pay to buy them and improve them or even buy them and hold them. It is not a question of someone without experience walking into a tax sale in the courthouse and picking low hanging fruit.

Because the properties are not contiguous, it is more expensive to improve and maintain them, moreover, the entrepreneur finds that he does not have the economies of scale that lead to a profit.

As you point out, he is ignorant of the law, ignorant of real estate values, ignorant of tax and mortgage procedures and foreclosures, incompetent to fix and repair, often finding many obstacles to success even if he learned all there was to learn from Donald Trump. Trump, by the way, probably knows very little about this business because it has nothing whatever to do with golf courses or Taj Mahals. (Which, as it turns out, he didn't know very much about either.)

Even a witchhunt can be true. Ask Richard Nixon, ask Bill Clinton, and we will soon see with Hillary.


196 posted on 02/27/2016 7:03:09 AM PST by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: mad_as_he$$
I suspect you are a Trump supporter and I further suspect that you want to make America great again. So do I.

Many of us consider that as long as the current system of finance of the federal government is in place no real reform is possible and America simply cannot be made great again. Tinkering around the edges with the brackets, or the deductions, or the rate of tax simply rearranges the deck chairs. Fundamental restructuring of the tax system in such a way that it takes fundamental power away from the federal government and the power to extort campaign contributions away from Congress must be enacted or we will simply go down this path and over the cliff.

I don't think Donald Trump is doing anything but tinkering with the edges but I think that Ted Cruz gets it and has more in mind than merely fixing taxes. If you can fix taxes you can fix the country if you don't fix taxes you can't fix the country.


197 posted on 02/27/2016 7:09:46 AM PST by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: Cincinatus' Wife

“Hi! We’re *still* Cucks!” — NR


198 posted on 02/27/2016 7:16:26 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: nathanbedford
Well your suspicions are wrong. I supported Huckabee and voted for him in the FR caucus several times. For now I have no favorite and I do not support any of them. Rubio and Kasich are off the table for me (for the same reasons as many here Carson is just not presidential timber.

.gov is broken at all levels and one president is not going to fix it.

As far as Cruz goes. Truth be told the flat tax is stillborn. Makes me question his judgment.

199 posted on 02/27/2016 7:21:13 AM PST by mad_as_he$$ (Cruz=VAT tax= No thanks.)
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To: mad_as_he$$

I like Huck too. Just read his latest book.
I realize he’s poison on FR, but a decent guy in my book.


200 posted on 02/27/2016 7:22:48 AM PST by nascarnation (RIP Scalia. Godspeed)
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