Trump's reliance on...
Feb 10, 2019 12:14:01 #
Feb 10, 2019 12:32:08 #
Feb 10, 2019 12:46:06 #
Dug up another meme, huh, Jim? Do you have any original thoughts that you research and provide documented proof?
--Bob
--Bob
kd7eir wrote:
his gut
Feb 10, 2019 12:51:40 #
LWW
Loc: Banana Republic of America
rmalarz wrote:
Dug up another meme, huh, Jim? Do you have any original thoughts that you research and provide documented proof?
--Bob
--Bob
Put in on your calendar.
Next week he’ll post the same lies.
Feb 10, 2019 12:58:40 #
kd7eir wrote:
his gut
I think that you never even tried to run a business. If you did you would know that the majority of neww businesses fail. And the failures don't count, it's what you do next that counts. And even more imoortantly TRUMP IS PRESIDENT. And may be re-elected
Feb 10, 2019 13:32:43 #
kd7eir wrote:
his gut
Once again...you really aren't to bright are ya?
Risky business
While it would be better to avoid a situation where Chapter 11 reorganization is necessary, filing for bankruptcy can be a "sound business decision" when the company is facing serious financial problems, Venditto said. It’s better than the business shutting down completely.
"However, the source of the financial problems varies from case to case," he said. "Sometimes it is the result of circumstances beyond the control of the business. Sometime it caused by poor judgment. More frequently, it is a combination."
Trump’s four bankruptcies all happened within the past 25 years. That’s a lot, said Stephen Lubben, a leading expert in corporate finance and professor at Seton Hall School of Law. But to be fair, the gaming industry has been struggling the past few years, he added, and three out of four of Trump’s bankruptcies were tied to casinos.
It’s not fair to put all the blame on Trump for the four bankruptcies because he’s acting as any investor would. Investors often own many non-integrated companies, which they fund by taking on debt, and some of them inevitably file for bankruptcy, said Adam Levitin, a law professor at Georgetown University.
He added that people typically wouldn’t personally blame former Republican p**********l candidate Mitt Romney or investor Warren Buffett for individual failures within their investment companies, Bain Capital and Berkshire Hathaway, respectively.
"The only difference is that Trump puts his name on his companies, which means people associate them with him, but he's not at all the leader in the bankruptcy space," Levitan said. "These bankruptcies were not defining moments for Trump and shouldn't color our view of him."
Our ruling
Fiorina said Trump was "forced to file for bankruptcy not once, not twice, four times."
While it is accurate that Trump filed Chapter 11 bankruptcy four times, Fiorina’s statement doesn’t tell the whole story. In context, Fiorina’s phrasing suggests Trump was personally responsible for the failures of these businesses, but in reality, much was out of Trump’s control -- such as a struggling casino industry. But Trump is certainly not blameless.
https://www.politifact.com/t***h-o-meter/statements/2015/sep/21/carly-fiorina/trumps-four-bankruptcies/
Feb 10, 2019 14:54:36 #
thom w
Loc: San Jose, CA
Eye saw you
Risky business
While it would be better to avoid a situation where Chapter 11 reorganization is necessary, filing for bankruptcy can be a "sound business decision" when the company is facing serious financial problems, Venditto said. It’s better than the business shutting down completely.
"However, the source of the financial problems varies from case to case," he said. "Sometimes it is the result of circumstances beyond the control of the business. Sometime it caused by poor judgment. More frequently, it is a combination."
Trump’s four bankruptcies all happened within the past 25 years. That’s a lot, said Stephen Lubben, a leading expert in corporate finance and professor at Seton Hall School of Law. But to be fair, the gaming industry has been struggling the past few years, he added, and three out of four of Trump’s bankruptcies were tied to casinos.
It’s not fair to put all the blame on Trump for the four bankruptcies because he’s acting as any investor would. Investors often own many non-integrated companies, which they fund by taking on debt, and some of them inevitably file for bankruptcy, said Adam Levitin, a law professor at Georgetown University.
He added that people typically wouldn’t personally blame former Republican p**********l candidate Mitt Romney or investor Warren Buffett for individual failures within their investment companies, Bain Capital and Berkshire Hathaway, respectively.
"The only difference is that Trump puts his name on his companies, which means people associate them with him, but he's not at all the leader in the bankruptcy space," Levitan said. "These bankruptcies were not defining moments for Trump and shouldn't color our view of him."
Our ruling
Fiorina said Trump was "forced to file for bankruptcy not once, not twice, four times."
While it is accurate that Trump filed Chapter 11 bankruptcy four times, Fiorina’s statement doesn’t tell the whole story. In context, Fiorina’s phrasing suggests Trump was personally responsible for the failures of these businesses, but in reality, much was out of Trump’s control -- such as a struggling casino industry. But Trump is certainly not blameless.
https://www.politifact.com/t***h-o-meter/statements/2015/sep/21/carly-fiorina/trumps-four-bankruptcies/
Risky business
While it would be better to avoid a situation where Chapter 11 reorganization is necessary, filing for bankruptcy can be a "sound business decision" when the company is facing serious financial problems, Venditto said. It’s better than the business shutting down completely.
"However, the source of the financial problems varies from case to case," he said. "Sometimes it is the result of circumstances beyond the control of the business. Sometime it caused by poor judgment. More frequently, it is a combination."
Trump’s four bankruptcies all happened within the past 25 years. That’s a lot, said Stephen Lubben, a leading expert in corporate finance and professor at Seton Hall School of Law. But to be fair, the gaming industry has been struggling the past few years, he added, and three out of four of Trump’s bankruptcies were tied to casinos.
It’s not fair to put all the blame on Trump for the four bankruptcies because he’s acting as any investor would. Investors often own many non-integrated companies, which they fund by taking on debt, and some of them inevitably file for bankruptcy, said Adam Levitin, a law professor at Georgetown University.
He added that people typically wouldn’t personally blame former Republican p**********l candidate Mitt Romney or investor Warren Buffett for individual failures within their investment companies, Bain Capital and Berkshire Hathaway, respectively.
"The only difference is that Trump puts his name on his companies, which means people associate them with him, but he's not at all the leader in the bankruptcy space," Levitan said. "These bankruptcies were not defining moments for Trump and shouldn't color our view of him."
Our ruling
Fiorina said Trump was "forced to file for bankruptcy not once, not twice, four times."
While it is accurate that Trump filed Chapter 11 bankruptcy four times, Fiorina’s statement doesn’t tell the whole story. In context, Fiorina’s phrasing suggests Trump was personally responsible for the failures of these businesses, but in reality, much was out of Trump’s control -- such as a struggling casino industry. But Trump is certainly not blameless.
https://www.politifact.com/t***h-o-meter/statements/2015/sep/21/carly-fiorina/trumps-four-bankruptcies/
Feb 10, 2019 15:36:52 #
LWW
Loc: Banana Republic of America
thom w wrote:
Eye saw you br br Risky business br br While i... (show quote)
Only somewhat relevant because some of the supposed failures the OP keeps regurgitating are entities still in operation while some others failed after Trump sold them.
Yes, to the dumb masses they are easily led to think it was a Trump failure.
Feb 10, 2019 15:53:17 #
Feb 10, 2019 16:00:31 #
thom w
Loc: San Jose, CA
Frank T wrote:
So, on a happier note. Do you think SDNY is going to indict Ivanka?
I do.
I do.
Did I miss something, or did you just throw that out there?
Feb 10, 2019 16:19:22 #
thom w wrote:
Did I miss something, or did you just throw that out there?
They found emails to her indicating she knew and was a participant in the proposed Moscow TrumpTower. Something she repeatedly denied.
Feb 10, 2019 16:29:39 #
thom w wrote:
Eye saw you br br Risky business br br While i... (show quote)
Lol you missed the entire point of why I posted it, typical lefty deflection. Of course Trump has some fault in some of those businesses going broke, most of it is not entirely his fault as indicated in the link. Trump has over 500+ businesses and investments, even if 10 failed, that's a pretty good success rate or around 95%.
Feb 10, 2019 16:46:04 #
LWW
Loc: Banana Republic of America
Frank T wrote:
They found emails to her indicating she knew and was a participant in the proposed Moscow TrumpTower. Something she repeatedly denied.
Got a link for that?
Of course you don’t.
Feb 10, 2019 16:47:11 #
EyeSawYou wrote:
Lol you missed the entire point of why I posted it, typical lefty deflection. Of course Trump has some fault in some of those businesses going broke, most of it is not entirely his fault as indicated in the link. Trump has over 500+ businesses and investments, even if 10 failed, that's a pretty good success rate or around 95%.
Who sends casinos bankrupt?? Gambling, grog, and women are a no-brainer for the mob.
Feb 10, 2019 16:59:42 #
LWW wrote:
Got a link for that?
Of course you don’t.
Of course you don’t.
Are you that lazy or just dumb?
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