Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: GrandJediMasterYoda

Fact # 1 : Trump was never personally bankrupt. 4 out of his 100’s of business ventures declared bankruptcy.

Fact # 2 : Even behemoth GM was bankrupt. Tax payers bailed them out. Chrysler was bankrupt at one time. Again, bailed out by tax payers. Insurance giant AIG International was bankrupt. Again bailed out by tax payers.

Fact # 3 : Business by nature is risky. 9 out of 10 new business start-ups go bankrupt.

Some recover from setbacks, others do not. Trump recovered very handsomely.


32 posted on 10/30/2015 11:17:04 AM PDT by entropy12 (If you do not DEPORT ALL ILLEGALS, it is Amnesty! Only Trump dares utter the words "DEPORT ILLEGALS")
[ Post Reply | Private Reply | To 8 | View Replies ]


To: entropy12

You could add 1 more point.

According to Trump in one of his recent speeches, he has over 500 successful companies.

Assume for sake of discussion that those 4 bankruptcies were failure, and I’m not convinced they were, as some of those were ‘plan B’ when trump took those companies over. That’s less than a 1% failure, or poor purchase choice rate.

When you go to the grocery store, can you make a 99%+ success rate on your purchases? I’ll bet not. I’ll bet you get home and say ‘why the heck did I buy THAT?’ for some items.

Nor can those who criticize Trump.


41 posted on 10/30/2015 12:46:06 PM PDT by Balding_Eagle (The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
[ Post Reply | Private Reply | To 32 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson