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Thread: Trump shows off about bankruptcies lol

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  1. #26  
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    Well, was it 4 or 6? I'm confused.
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  2. #27  
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    6 i think.
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  3. #28  
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    Quote Originally Posted by road2perdition View Post


    I thought it was 6 bankruptcies?
    Yup, you had it right:

    6:58 PM September 26 by Michelle Lee


    Fact Check: Has Trump declared bankruptcy four or six times?

    “You’ve taken business bankruptcies six times.”
    –Hillary Clinton
    “On occasion – four times – we used certain laws that are there.”
    –Donald Trump
    THE FACT CHECKER | Clinton is correct.
    Trump’s companies have filed for Chapter 11 bankruptcy protection, which means a company can remain in business while wiping away many of its debts. The bankruptcy court ultimately approves a corporate budget and a plan to repay remaining debts; often shareholders lose much of their equity.
    Trump’s Taj Mahal opened in April 1990 in Atlantic City, but six months later, “defaulted on interest payments to bondholders as his finances went into a tailspin,” The Washington Post’s Robert O’Harrow found. In July 1991, Trump’s Taj Mahal filed for bankruptcy. He could not keep up with debts on two other Atlantic City casinos, and those two properties declared bankruptcy in 1992. A fourth property, the Plaza Hotel in New York, declared bankruptcy in 1992 after amassing debt.
    PolitiFact uncovered two more bankruptcies filed after 1992, totaling six. Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004, after accruing about $1.8 billion in debt. Trump Entertainment Resorts also declared bankruptcy in 2009, after being hit hard during the 2008 recession.
    Why the discrepancy? Perhaps this will give us an idea: Trump told Washington Post reporters that he counted the first three bankruptcies as just one.
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  4. #29  
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    ​Trump just knows how to do that their finical stuff caz he is brilliant!
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  5. #30  
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    Quote Originally Posted by Coldweather View Post
    ​Trump just knows how to do that their finical stuff caz he is brilliant!
    Yes, he's as brilliant and articulate as you are lol. What makes him so brilliant at financial stuff? His daddy's money that he started off with? Most of us here can accomplish what he's accomplished in the business world with that headstart. We can manage a few bankruptcies I'm sure. Lol. Smh. Brilliant indeed.
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  6. #31  
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    Quote Originally Posted by Angel Martin View Post
    Why do you think he didn't want to show his tax returns? Because people would find out that he has nowhere near the money he claims to have. Or he cheated on them.
    The 12 billion isnt just cash....It includes all his properties too...
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  7. #32  
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    Quote Originally Posted by roadreeler57 View Post
    The 12 billion isnt just cash....It includes all his properties too...
    You say that as if you know for sure they are all paid off or have great equity in them....Enlighten me because I really don't know the numbers. Does anybody in America?
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  8. #33  
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    crickets.
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  9. #34  
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    Disgusting.



    lol
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    BUSINESS NOT PERSONAL BANKRUPTCY! Cause apparently for zit I have to spell it out even though it is spelled out all over my threads and it's common knowledge unless you live under a rock that it's not personal bankruptcy LOL.
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  11. #36  
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    Quote Originally Posted by road2perdition View Post
    BUSINESS NOT PERSONAL BANKRUPTCY! Cause apparently for zit I have to spell it out even though it is spelled out all over my threads and it's common knowledge unless you live under a rock that it's not personal bankruptcy LOL.
    Except you didn't know the difference until I educated you yesterday, you fucking lying troll.

    You said Trump "went bankrupt" many times.

    Ass clown.
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  12. #37  
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    Quote Originally Posted by road2perdition View Post
    Yes, he's as brilliant and articulate as you are lol. What makes him so brilliant at financial stuff? His daddy's money that he started off with? Most of us here can accomplish what he's accomplished in the business world with that headstart. We can manage a few bankruptcies I'm sure. Lol. Smh. Brilliant indeed.
    His Daddy gave him a small stipend as an allowance so he could learn the

    value of a buck! He did and that's why we have those Trump Towers all

    over the WORLD. Donald also is helping the American people by putting

    stipends in their pockets too just like his daddy did to him! What a great

    man Trump be! Love him!
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  13. #38  
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    Quote Originally Posted by Coldweather View Post
    His Daddy gave him a small stipend as an allowance so he could learn the

    value of a buck! He did and that's why we have those Trump Towers all

    over the WORLD. Donald also is helping the American people by putting

    stipends in their pockets too just like his daddy did to him! What a great

    man Trump be! Love him!

    Small stipend? LOL. You should be a politician too...lol.
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  14. #39  
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    The Trump Organization. The Trump Organization is the collective name for a group of approximately 500 business entities of which Donald Trump, the current U.S. President, is the sole or principal owner.

    So, 6 businesses out of 500 = a 98.8 business success rate!

    What percentage of businesses fail?
    It's often said that more than half of new businesses fail during the first year. According to the Small Business Association (SBA), this isn't necessarily true. The SBA states that only 30% of new businesses fail during the first two years of being open, 50% during the first five years and 66% during the first 10.

    So, Trump having a success rate of almost 99% when 50% of businesses FAIL in the first 2 years is a bad thing?

    Hows that logic work?

    Cause according to STATISTICS he should have had around 250 of them FAIL and not 6.....
    2014 NFL 51-33-1 62.35%
    2013 NFL 61-34 64.21% Finished 6th place in the LVH Supercontest
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    Quote Originally Posted by NFLTrends View Post
    The Trump Organization. The Trump Organization is the collective name for a group of approximately 500 business entities of which Donald Trump, the current U.S. President, is the sole or principal owner.

    So, 6 businesses out of 500 = a 98.8 business success rate!

    What percentage of businesses fail?
    It's often said that more than half of new businesses fail during the first year. According to the Small Business Association (SBA), this isn't necessarily true. The SBA states that only 30% of new businesses fail during the first two years of being open, 50% during the first five years and 66% during the first 10.

    So, Trump having a success rate of almost 99% when 50% of businesses FAIL in the first 2 years is a bad thing?

    Hows that logic work?

    Cause according to STATISTICS he should have had around 250 of them FAIL and not 6.....
    For the average person when a business fails it's over. But when you have daddy's backing and money to start off wealthy already (not to mention the bankruptcy to take advantage of that he proudly proclaims to have done multiple times) it's easy to try n fail try n fail.


    Man, you're the easiest one of them all. Why do you continue to embarrass yourself? Lol. You're so harmless and you make your side look so bad.

    Remember when you got owned on the corporate welfare issue?

    Man I can't be bothered with ignorant uneducated people. You are no match for me on an intellectual level. Be gone. Lol.

    Peace mosquito.
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  16. #41  
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    Quote Originally Posted by road2perdition View Post
    For the average person when a business fails it's over. But when you have daddy's backing and money to start off wealthy already (not to mention the bankruptcy to take advantage of that he proudly proclaims to have done multiple times) it's easy to try n fail try n fail.


    Man, you're the easiest one of them all. Why do you continue to embarrass yourself? Lol. You're so harmless and you make your side look so bad.

    Remember when you got owned on the corporate welfare issue?

    Man I can't be bothered with ignorant uneducated people. You are no match for me on an intellectual level. Be gone. Lol.

    Peace mosquito.
    So all you have as a rebuttal to having a 99% success rate for 500 businesses, is that its his "Daddys Money" followed by insults.

    Still, how does someone having a 99% success rate with 500 businesses make him bad...?
    2014 NFL 51-33-1 62.35%
    2013 NFL 61-34 64.21% Finished 6th place in the LVH Supercontest
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  18. #43  
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    Quote Originally Posted by road2perdition View Post
    with a 99% success rate over a 4 year period vs the average 60% failure rate for the same period of anyone else who tries.... HELL YES!!! Run it!! And we are doing good!!
    2014 NFL 51-33-1 62.35%
    2013 NFL 61-34 64.21% Finished 6th place in the LVH Supercontest
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  19. #44  
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    Quote Originally Posted by NFLTrends View Post
    with a 99% success rate over a 4 year period vs the average 60% failure rate for the same period of anyone else who tries.... HELL YES!!! Run it!! And we are doing good!!

    With daddy's money and wild headstart from that anybody can play that game.

    I respect the average joe that started from scratch, built a small business and against all odds became rich. Only one shot at it and no headstart from daddy. That's who I respect but no surprise a republicant like you cheers for that clown. Lol.

    One day you will learn...It's all about learning.
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  21. #46  
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    Road I thought you calmed down?

    What happened?
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  25. #50  
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    Quote Originally Posted by road2perdition View Post
    Do you honestly believe all Republicans have these traits?

    I don't have one of these traits. Don't even own a gun.
    Welchers are the worst.
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