Posted on 10/18/2015 12:23:25 PM PDT by Jim Robinson
There have been some things that troubled me about Cruz. Looking at him vs the body of folks running left him at the top for me.
I don’t think he’s as pristine as his followers do.
I’d like to see him in the V.P. slot, but do have to agree he might serve better in another capacity.
My goal is to see Trump get in with a very solid second that is young enough to grow into the job and follow on after Trump. Cruz has been that guy for me despite the antics of his supporters.
I want a Conservative dynasty out of this. I’m not thinking four or eight years.
I do not want another Bush type follow-on along the lines of what happened to Reagan’s legacy.
Jeb Bush’s fevered wish to end our homeland in favor of a merged state with Mexico must never come true.
Just in time...
= :^)
Your betrayal of conservatism isn’t up to me.
This is a great political strategy for Trump. He will pick up extra independents and democrats with this strategy. The base is mad as hell at the establishment so they could care less about the RINO bush dynasty.
Find it sad that so many supposed rational people find the truth such an attack on them.
I think if Jeb was not running, W would say “Yeah, it did happen on my watch.” Problem for him is Jeb is his brother and it would be seen as stabbing Jeb in the back so he is keeping his mouth shut.
I think W feels responsible for not stopping 09-11. Based on everything we saw in his relations with wounded soldiers, we know he feels keenly his role in sending Americans into combat. Anyone with any honesty and integrity in a leadership position after a disaster is asking themselves “What if I had...”
If leaders are not asking those questions, they are not fit to lead.
And if any of you want to dismiss me as a “Trumpster” I suggest you go look at my posting history. There has been no more active, passionate W supporter on this board than me.
Cruz would be an absolute genius pick for the Supreme Court. He shows he has the back bone and the principals to go there and fight the Activist Judiciary.
Oh, you're the real conservative...and I'm a conservative traitor, right? All Trump supporters here are conservative traitors, also, right?
Well, you're exactly who I was referring to in my post #139 above where I described "political snobbery",
And you walked right into my parlor!
Leni
((Shrug))
Our country is going to he** in a handbasket, and the only thing you're worried about is being a pure, virginal conservative?
Excuse us while we worry about finding someone who can save this country.
No. I have owned my own businesses for 30 years, and never once had to resort to bankruptcy laws. As a businessman and investor, I understand the need for the resort to bankruptcy laws. But it still represents a violation of promises made.
In Chapter 7 liquidation, promises to creditors are broken, but the problem is that liabilities far exceed assets, and the business is often no longer a going concern, so not even the shares of the business have any value. The court liquidates the remaining assets, and pays off the creditors as best it can, usually for pennies on the dollar.
And the owners of the business, their investment in the business, their accumulated equty, capital investment, is wiped out. They get noting.
In trump’s case he didn’t use Chapter 7. He used the chapter for business reorganization. This meant that the businesses were still a going concern, and likely, had he liquidated them, he could have paid off the bond holders and note holders with hard cash at a substantial fraction of face value. Instead,he persuaded the creditors and the bankruptcy judge to allow him to break his promise to pay the creditors back with cold hard cash, wipe out the debt, in exchange for pieces of paper saying they were now shareholders in his businesses, the ones that were already declining in value so much that he had to break his promise to pay them back in cash.
And, instead of being wiped out, as in a Chapter 7 liquidation bankruptcy, in some of these deals he got to keep significant equity in the businesses. Sweet deal. He gets to eliminate billions in debt and still gets to keep a chunk of the business.
I agree. I’m just not convinced now is the time. I could be wrong on that. I’d like to find another very well qualified guy like Cruz to do it.
Just curious...have you ever ran a multi million dollar business?
One word: Xanax.
Avail yourself of it ASAP. And I hope your life gets better.
No, they didn’t get any collateral trump put up for the notes. If they did, there wouldn’t have been need for formal bankruptcy filings. Maybe foreclosure filings if the collateral were real property. Banks and other investors is business debt instruments often hold no formal collateral because bankruptcy laws place them near the front of the line in case of bankruptcy. Being nearly first in line used to matter before the kenyan anti-christ got hold of our bankruptcy laws.
But trump played it square, the most senior creditors got the lion’s share of the settlement, from what I know. Because the businesses were still going concerns, and because they largely bought their notes because of the personal involvement of trump, they must have thought that leaving him with equity would be in their interest. Or they took bets that the equity trump gave them would someday be worth more than the pennies on the dollar that trump likely threatened them with. Have you ever liquidated a used casino? Have you ever had to sell a used slot machine?
So why are you posting about me and my vote?
Don't choke on that bile.
Yes, but not billion-dollar. As I am now disabled, I’m wiring down my work life. Within a year, I hope to only be an investor, not a CEO. The largest business in which I’m currently involved, and had played an active role at one time, has annual request this year of $70 million, an annual run rate of over $100 million, and is conservatively valued at $300 million.
A lot of votes were based on hope in 2008 and you see where that got us.
I’ll base my vote on the candidate’s record.
Because you are caustic and nasty to everyone who doesn’t agree with you. No candidate needs a person like that posting for them. It is a very negative thing.
Ted Cruz: Obama's plan to welcome 10,000 Syrian refugees is 'crazy'
Jeb Bush: Trump's vow to send back Syrian refugees 'a horrible thing'
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