Are three declared bankruptcies a metric for effective management? Are they the hallmark of a conservative? The willful choice to not repay one’s debts, to steal money from a lender or business partner under the guise of a loan or partnership only to weasle out of repaying the loan or living up to the terms of the partnership. Three times. By your own admission, Trump has the assets and resources to have made good on these debts. He didn’t. He chose to stop paying on the loans rather than tap into his vast personal financial reserves. Just because a criminal can steal something doesn’t make it alright that he does.
Jesus are Cruz people just this unable to go do any damn research. Go look up the video “the untruth about Donald trump”, go to the section about that so you can stop peddling this stupid talking point.
And while you are at it, can you explain why did Cruz, as a lawyer, fight to get Obama stimulus money for clients in Texas?
“willful choice to not repay one’s debts, to steal money from a lender or business partner under the guise of a loan or partnership only to weasle out of repaying the loan or living up to the terms of the partnership. Three times. By your own admission, Trump has the assets and resources to have made good on these debts”
You best study up - your speculation here isn’t true. He did make good with personal assets even though he didn’t have to.
You’ll probably claim otherwise, but that is an absolute load of nonsense and completely out of touch with how business works - as if only liberal have to declare bankruptcy? Absolute nonsense.
It was a business. Have you ever opened a small business? Most small business, around 50 percent according to the SBA fail within five years. Of those 36 percent file bankruptcies. That is risk and reward. The same happens with larger firms and spinoffs. Some make and some fail. A lender has to weigh the risk when loaning money. They do this all the time.
Trump nor his spin off businesses defrauded people. It is just the way the world works. How many new job creating business has Cruz, or Rubio started? How many jobs did they create outside their political campaigns? How many jobs did people lose working for them? Measure those against what Trump has accomplished and then get back.
” rather than tap into his vast personal financial reserves” You don’t know anything about Trump’s finances. He keeps his numbers private. You don’t know about his liquidity or his reserves.