Posted on 02/24/2016 6:21:20 AM PST by usafa92
“You are betraying a lack of knowledge about business.”
Sure. Let’s meet and compare audited balance sheets.
Trump has screwed basically anyone who was stupid to invest with him at any tier: from the real estate level to the equity investors who either got diluted completely or lost it all, to bond holders who got pennies on the dollar.
Did Trump commit fraud? In many a lost or generously settled civil case, it appears he has.
>>”You are betraying a lack of knowledge about business.”
>> Sure. Let’s meet and compare audited balance sheets.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
That has absolutely nothing to do with knowledge of business, for so many reasons. You might have inherited money or other assets, like Caroline Kennedy; or, you might have gotten lucky with stock options.
Anyone that has actually run companies or done deals knows that bankruptcy is a tool, and institutional investors in Trump real estate deals understand this very well.
That’s why they are not the ones whining. Just ignorant commentators with an agenda.
I guess my agenda is to not let Americans get suckered by a con man who pretends to be good at business.
>>I guess my agenda is to not let Americans get suckered by a con man who pretends to be good at business.<<
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
I’m sorry, but this is just silly. Trump has created a major real estate company, and is personally worth $billions.
On what planet is this “pretends to be good at business?”
The establishment politicians on BOTH sides of the isle are scared to death of Trump. He is threatening to end the cycle of corruption and actually listen to the will of the People, and to place the welfare (not in the Democrat sense) of the country ABOVE politics as usual. The establishment is deadly afraid that if the People see what government can be, and how it can protect them from the foreign invaders/terrorists that threaten our lives and suck up our wealth as a nation, the People might not want to allow the politicians to go back to the “business as usual” model of governing that has gotten us to where we are today. If the People see a leader instead of an Affirmative Action Poster Boy in the White House, they might actually see affirmative action and political correctness for as the obscenity that it actually is. A true leader would show the People that the multiculturalism policies of the Left are a suicidal path to the destruction of our Republic. Yes, the establishment is getting very desperate. They are on the verge of losing the goose that laid their golden egg.
Trump is not remotely worth billions. Best estimates are in the low 100 millions.
To the extent he has money, it’s from fleecing investors.
But assuming (for argument’s sake) his claimed net worth of $4 billion is real, he’s done a piss-poor job.
If he had simply put his $400,000,000 inheritance in an indexed mutual fund he’d have way more money than even his current fanciful claims — $13 billion, specifically.
http://fortune.com/2015/08/20/donald-trump-index-funds/
And of course, that’s the barest level of performance.
Other billionaires’ net worths have beaten the stock market’s growth in that time. Bill Gates, for example, saw his grow increase 7,173% since 1988 to $80 billion. Warren Buffet’s wealth grew 2,612% in the same time period, to $67.8 billion.
For Beck to call me and millions of others a “brownshirt” because I’m voting for Trump next Tuesday is despicable. I served as a US Army combat Infantryman for many years and fought our enemies overseas. Beck’s never served in our military or our country in any capacity I’m aware of - he’s only served to enrich himself.
Trump/Cruz 2016
The idea that Trump is somehow not good in business is so laughable; but such ignorance must be the basis of support for career politicians with no business background, like Cruz, Rubio etc.
I am giving the benefit of the doubt, here, that the issue is ignorance and not actual malice like Obama.
He has become a very able grifter, I agree.
Glenn Beck is paid by The Donald to sabotage Ted Cruz’s campaign,
Glenn Beck is the kiss of death!!!!!!
If Cruz were a liar, he would be one of the most effective ones.
And he did lie about not having health insurance [just to increase dramatic affect] during one of his stump speeches.
So actually, Trump is arguably correct.
Despite that, I do think Trump is better off bashing more deserving targets than Cruz. He is a champion when he goes after Obama, Hillary, Sanders, Euro-tyrants who want more muslim refugees, etc. That’s what makes him popular.
‘I mean come on, Ted is the biggest liar, EVER???’
Having given it some thought, I don’t blame you for criticizing Trump over that. I was overthinking it, and that response had been bugging me. Hope you have a good night.
FRegards ....
There is plenty to criticize on all these candidates, unfortunately.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.