Posted on 02/16/2016 11:04:05 AM PST by reaganaut1
A pattern emerges.
Donald Trump is a habitual liar, and the thing about habitual liars is that they lie habitually.
In a testy exchange with former Florida governor Jeb Bush, Trump insisted that he’d never gone bankrupt, and that claims to the contrary are a lie. That’s the Trump magic right there: Lying about your business history is one thing, lying that your critics are lying about it is another.
Trump has a peculiar way of speaking about bankruptcy: He has a deep aversion to the word itself. He speaks of “putting a company into a chapter†without ever answering the implicit question: “Chapter of what? Moby-Dick?†The answer, of course, is the U.S. Bankruptcy Code, to which Trump has taken recourse at least four times over the course of his business career. The chapter in question is the famous Chapter 11, which applies to business bankruptcies. Trump proudly insists that he never has had recourse to Chapter 13, the personal bankruptcy code. This is his apparent justification for saying that he’s never been bankrupt. But of course one of the purposes of Chapter 11 bankruptcy is to keep men such as Donald Trump out of Chapter 13 bankruptcy.
Trump’s first bankruptcy was in 1991 after he borrowed a stupidly irresponsible amount of money to finance that monument to excruciatingly bad taste known as the Trump Taj Mahal in Atlantic City. Trump is such a good manager that the casino’s slot machines began failing during its first week of business. Never one to let reality stand in the way of his confidence, Trump had financed the $1 billion project largely with junk bonds, which meant very high interest payments. Trump did not make enough money to meet his interest payment and so was forced into bankruptcy.
(Excerpt) Read more at nationalreview.com ...
It amazes me how conservative thought has been thrown out the window by Trump supporters. It's all school yard emotion and insult throwing. As for me, I have not forgotten how Ted Cruz has been fighting the conservative cause for us.
If the so-called conservatives on this site join the liberals in maligning true conservatism and succeed in getting Trump the nomination they will certainly reap what they sow. They need to wake up and realize they are following a flim-flam man.
No problem. Just wanted to give you a heads up. You may want to practice posting articles a bit more. It will come in handy the longer you are here. Welcome to the greatest site on the web. You will learn a ton. Be safe my FRiend.
If he wins, this place is going to really interesting.
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It won’t be the first time that RINOS helped elect a liberal, but it may be the last.
And yes, if Trump wins (the election) it will get very interesting around here. Once his true colors and motivations are revealed, there will be a lot of egg on a lot of faces, I suspect.
Con men depend upon their marks being too proud to confess they’ve been had. You won’t be seeing any Trump regret any sooner than you saw mea culpas from reformed Obamabots. Even The Donald hasn’t recanted his Obama festishism yet.
What, are you reading another thread??? All the insults on this thread are coming from your side...
This is a bunch of crappola! The lies and misinformation are 24/7 about Trump. Whether you support him or not, be informed instead of emotionally invested in an election over some 1st term lawyer who you think might save your soul. This is about the USA, not your church.
FACTS DO MATTER
Best short summary by lawyers on this.
DONALD TRUMP HAS NEVER FILED PERSONAL BANKRUPTCY. NONE of the hundreds of companies he acquired ever filed liquidation bankruptcy. FOUR of them filed for REORGANIZATION where the creditors AGREE to a repayment plan.
Let an expert explain it to you.
Law Dictionary: How is Donald Trump Able to File for Bankruptcy So Many Times?
http://thelawdictionary.org/article/how-is-donald-trump-able-to-file-for-bankruptcy-so-many-times/
Written by James Hirby Fact checked by The Law Dictionary staff
People might ask “How is Donald Trump able to file for bankruptcy so many times?” The answer is “He didn’t.” Trump himself has never filed for bankruptcy. His corporations have filed for Chapter 11 bankruptcy four times. By filing for Chapter 11 bankruptcy, the corporation is allowed to continue running while restructuring and reducing its debt. By allowing the business to continue, employees still have their jobs and the business is still making money. Corporate debts still need to be repaid but they may be reduced. The corporation must develop a repayment plan and corporate budget. Both must be approved by the creditors and by the bankruptcy court.
FR will continue to look like the seething mass of near total stupidity it has become should Trump go on and win the nom. His SprayTan Shirts will then be here trying to metaphorically beat us remaining dissenters to the polls come November, since rhetorical violence is all they know.
Well tell us, what are Trump's true motives???
NO, Donald Trump has NEVER filed personal BKO.
See http://freerepublic.com/focus/news/3397862/posts?page=66#66
Aww darn, another big lie shot down.
Don’t forget, habitual lying is a habit.
Have you had a stroke? I would have bet my life you would not be the one to bear false witness ALL DAY EVERY DAY!
“Vote for the first orangutan with a scalp flap for president. Make history.”
Nice. How old are you?
“because he has rolled personal debt into the corporate bankruptcies.”
Prove that.
Don’t be so sensitive. If you like the orangutan look and the hair flap that’s cool. Or did I lie.
“Don’t be so sensitive. If you like the orangutan look and the hair flap that’s cool. Or did I lie.”
No. Really. You’re reply was brilliant. Sure that it will be used for great influence.
Sorry, YOUR reply,,NOT you’re reply.
Well tell us, what are Trump’s true motives???
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You have been told a hundred times on a hundred threads (yes, that number is “arbitrary”; meant to imply “a whole lot”). You will only learn when it is too late.
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