Think Trump's Bankruptcies Make Him Unqualified? That's Foolish

Townhall.com ^ | January 29, 2016 | Bryan Crabtree

[ridesthemiles]

Jimmah Carter filed bankruptcy 3 times on the family peanut farm, which he inherited.

How come no one remembers this?

HE was a terrible businessman.

Trump has a large number of investments. He isn’t declaring bankruptcy on everything. Only pockets of trouble.

Example: My ex-husband was driving a car we had only owned about 5 months. He was not in the city we lived in. He was drunk. It was raining. He decided to drag race someone at a stoplight. He lost control of the car, went across the lawn & hit a large old stone church. He cracked the wall of that church from the basement to the belfrey.

We split up immediately, as it was the last straw for me. However, I was forced to declare bankruptcy because of the incident. Our insurance didn’t cover the list of his damages. I do not know what he did in his name about bankruptcy. This was about 1960.

However, I paid all of the outstanding debts on that list except for the car loan....after the bankruptcy. I was 20. I am now 76. I never had to do that again, and while not nearly as successful nor as wealthy as Trump, I have done OK.