revelette
 
  2  
Reply Fri 22 Apr, 2011 06:20 am
@hawkeye10,
Quote:
He is riding something else: The strongest and most subversive ideology in America today. Donald Trump is the living, walking personification of the Gospel of Success.


He may be a success, but he has had his fair share of business failures.

Quote:
Donald Trump’s casinos, Trump Entertainment Resorts, emerged from Chapter 11 bankruptcy on Friday, July 16. This followed two previous bankruptcies by the Trump casinos. First in 1991 and again in 2004 – 2005.

(Trump’s other big business failure was Trump Airlines , which never made a profit.)

This newest bankruptcy eliminated $1.3 billion in debt. The Reuters news article reporting all this, called Trump a “celebrity developer.”

Apparently Donald Trump can stay a celebrity developer while wiping out over a billion dollars in the bankruptcy court. (All 12,000 bankruptcies I’ve handled, eliminated about half that, total.)

So far, Trump has avoided personal bankruptcy. He makes better use of corporations than most people. Also, he’s benefited because the hundreds of millions in business bankruptcy losses are enormous! The massive size of the debts encouraged the creditors to “restructure his debt to avoid the risk of losing more money in court.”

I pass this on, because I talk to dozens of people every month who are mortified at having to file bankruptcy. People can feel like their lives are over. People say, “I wasn’t raised this way.” (As if the way people are raised can pay the credit cards when you lose your job. Or get sick.)

Last I checked, Donald Trump still has his TV show. And, while other stockholders were wiped out. Trump is still 10% owner of the casinos.

Donald Trump filed bankruptcy on ten thousand times more debt than my highest dollar clients. I doubt he’s ten thousand times as embarrassed.

On the other hand, Trump can console himself with something he has in common with most people who file bankruptcy. He had nothing to do with causing the recession that brought him (and maybe you) down.

The recession was caused by people whose greed and stupidity, mostly, was covered by a bailout, rather than bankruptcy. With potential losses in the trillions of dollars, bankruptcy didn’t seem to be an option. Instead, the government stepped in.


source
0 Replies
 
H2O MAN
 
  0  
Reply Fri 22 Apr, 2011 06:22 am
Trump will drop off the radar screen soon.
0 Replies
 
revelette
 
  4  
Reply Wed 27 Apr, 2011 08:12 am
n 2008, in response to media inquiries, the President’s campaign requested his birth certificate from the state of Hawaii. The state sent the campaign the President’s birth certificate, the same legal documentation provided to all Hawaiians as proof of birth in state, and the campaign immediately posted it on the internet. That birth certificate can be seen here (PDF).

When any citizen born in Hawaii requests their birth certificate, they receive exactly what the President received. In fact, the document posted on the campaign website is what Hawaiians use to get a driver’s license from the state and the document recognized by the Federal Government and the courts for all legal purposes. That’s because it is the birth certificate. This is not and should not be an open question.

The President believed the distraction over his birth certificate wasn’t good for the country. It may have been good politics and good TV, but it was bad for the American people and distracting from the many challenges we face as a country. Therefore, the President directed his counsel to review the legal authority for seeking access to the long form certificate and to request on that basis that the Hawaii State Department of Health make an exception to release a copy of his long form birth certificate. They granted that exception in part because of the tremendous volume of requests they had been getting.

Certificate Of Live Birth long form

Don't know if it will silence the barking carnival.


sozobe
 
  1  
Reply Wed 27 Apr, 2011 08:14 am
@revelette,
Huh!
0 Replies
 
sozobe
 
  1  
Reply Wed 27 Apr, 2011 08:41 am
@revelette,
I was just reading Facebook comments on the NYT article about this. There seem to be a fair amount of "so what, it's obviously a fake" comments. So I'm curious where Trump will go from here.

He was already pandering -- I think he doesn't actually doubt that Obama's a citizen, but was exploiting an opening that he saw. So will he say "OK, fine, nevermind" or will he say it's a fake?
sozobe
 
  1  
Reply Wed 27 Apr, 2011 08:52 am
@sozobe,
Ah, he's taking credit for the release! Of course. Should have predicted that one.

http://abcnews.go.com/Politics/donald-trump-claims-credit-obamas-releasing-birth-certificate/story?id=13465438
0 Replies
 
BillRM
 
  1  
Reply Wed 27 Apr, 2011 09:11 am
@revelette,
Quote:
Don't know if it will silence the barking carnival.


Of course not the same kind of silliness that we did not land on the moon is in action here and you could pile proof up to the ceiling and it would not matter.
0 Replies
 
Setanta
 
  2  
Reply Wed 27 Apr, 2011 12:06 pm
That Trump . . . he's one goofy sumbitch . . .
0 Replies
 
Setanta
 
  1  
Reply Wed 27 Apr, 2011 12:07 pm
@sozobe,
He's now demanding Mr. Obama's high school transcripts. He should be ignored from this point forward. I'm sure he's got the birther vote sewed up, though . . .
0 Replies
 
wandeljw
 
  2  
Reply Wed 27 Apr, 2011 12:12 pm
Trump was upset that so many people have questioned his hair. In retaliation, he is questioning the president's birth certificate.
0 Replies
 
Setanta
 
  1  
Reply Wed 27 Apr, 2011 12:13 pm
His hair is about the funniest thing about him . . . and that's saying a lot . . .
Irishk
 
  1  
Reply Wed 27 Apr, 2011 12:16 pm
@Setanta,
There's a new PPP poll out today. He's not exactly winning hearts and minds...
H2O MAN
 
  0  
Reply Wed 27 Apr, 2011 12:18 pm
@Irishk,
Irishk wrote:

There's a new PPP poll out today. He's not exactly winning hearts and minds...


That's because more and more people are coming to the realization that
Trump is nothing more than a Liberal at heart, a bat **** crazy liberal.
Setanta
 
  1  
Reply Wed 27 Apr, 2011 12:20 pm
@Irishk,
Hey, nobody liked Caligula, either . . . that didn't stop that goofball . . .
H2O MAN
 
  -1  
Reply Wed 27 Apr, 2011 12:31 pm
@Irishk,


Chances are good Obama is equally unpopular in swing states
0 Replies
 
sozobe
 
  4  
Reply Wed 27 Apr, 2011 02:17 pm
Wasn't sure where to put this, could be here or RexRed's new birther thread, but there has been discussion about why Obama took so long to release the long form birth certificate. Evidently it's actually illegal for him to do so. He has access to it, but of course he can't just tell the birthers "I saw my long form birth certificate and ya know what, it's legitimate!" and put the whole thing to rest. He has to be able to make copies of it, release it to the public. And that's illegal.

He had to get a special exception for that to happen.

Quote:
This is far broader than the subsection cited by Sullivan, and restricts the circumstances under which not only the Hawaiian agency, but literally any person, without exception, may permit others to inspect, disclose, copy or issue a copy of that record. Obviously, a prerequisite for doing any of those activities is having access to the record in the first place, but no one has ever suggested that Obama did not himself have access to his original birth certificate. The issue was that without a properly handled waiver executed in accordance with the Hawaiian agency’s rules, it is actually illegal for one having access to those records to do anything in the way of permitting others to have access to those records. Placing those records in the public domain is of course the most extreme form of permitting others access imaginable, yet that is precisely what Obama had to get a waiver to do.

Quite literally, in order to release this document, the President had to ask to be treated as being above the law, even if it is a relatively trivial law in the grand scheme of things. Quite understandably, the State of Hawaii decided that this was a wise idea. That so many are prepared to insist that the President had an obligation to ask that he be treated as above the law from a very early date is far more troubling.


(Emphases in the original.)
http://ordinary-gentlemen.com/blog/2011/04/27/thankfully-andrew-sullivan-is-not-a-lawyer/
ossobuco
 
  1  
Reply Wed 27 Apr, 2011 02:31 pm
@PUNKEY,
Sometimes, Punkey, you are right on...
0 Replies
 
ossobuco
 
  1  
Reply Wed 27 Apr, 2011 02:37 pm
@Setanta,
I see your point, but for me the funniest thing is his facial expressions.

Now, understand please, I rarely go on about someone's looks. Good brains sometimes come surrounded by unusual bodies, and - even once in a while - in some so called beautiful people bodies.

But photos of Trump expressing himself are somehow compelling to me, taking me out of my usual box of so what, about looks. I think of cartoon.

I get also that this isn't a substantive argument against his ideas, but my complaints about those would be obvious.
0 Replies
 
roger
 
  1  
Reply Wed 27 Apr, 2011 03:12 pm
@sozobe,
Aha! Special rules for special people.
roger
 
  1  
Reply Wed 27 Apr, 2011 03:13 pm
@roger,
Sorry Soz. Sometimes you just can't resist.
0 Replies
 
 

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