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03-17-2017, 02:21 PM
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#16
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Valued Poster
Join Date: May 31, 2011
Location: Memorial area Houston
Posts: 2,067
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Quote:
Originally Posted by Cap'n Crunch
" details included in the 2005 return show that Trump earned the majority of his money from his then-hit reality show, The Apprentice, and from the sale of two properties—one in Manhattan, and one in San Francisco, which he sold to Hong Kong investors, according to the Daily Beast. He also wrote off more than $100 million in business losses—a fact that the White House confirmed but did not elaborate upon."
Big money from the The Apprentice.
vs.
More than $100 million in business losses.
Yet another example of how Trump is a successful reality TV personality, but as a businessman... not so impressive.
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He was a billionaire in business well before "The Apprentice" ever existed.
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03-17-2017, 03:36 PM
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#17
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Living in a Cereal World
Join Date: May 24, 2016
Location: West Coast
Posts: 3,000
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Quote:
Originally Posted by pussycat
He was a billionaire in business well before "The Apprentice" ever existed.
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Thanks to multiple bankruptcies and countless stiffed creditors. The guy is quite the piece of work.
And this:
http://fortune.com/2015/08/20/donald-trump-index-funds/
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03-17-2017, 03:39 PM
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#18
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Living in a Cereal World
Join Date: May 24, 2016
Location: West Coast
Posts: 3,000
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Russians investing in Trump
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03-20-2017, 08:03 PM
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#19
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Account Disabled
Join Date: Jan 10, 2014
Location: austin
Posts: 42
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And yet...
He's still better than Hillary
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03-20-2017, 08:25 PM
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#20
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Living in a Cereal World
Join Date: May 24, 2016
Location: West Coast
Posts: 3,000
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Quote:
Originally Posted by jadedd07
He's still better than Hillary ![Smile](https://cdn-w.eccie.net/images/smilies/smile.gif)
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You seem to be one of the Trump Ostrich Voters. Gleefully casting your vote for an unknown commodity, then sticking your head in the sand. Your particular ignorance must be bliss.
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03-21-2017, 01:16 AM
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#21
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BANNED
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 18,435
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Quote:
Originally Posted by pussycat
He was a billionaire in business well before "The Apprentice" ever existed.
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Quote:
Originally Posted by Cap'n Crunch
Thanks to multiple bankruptcies and countless stiffed creditors. The guy is quite the piece of work.
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So you're saying anyone can become a billionaire if they declare multiple bankruptcies and don't pay their bills?
How exactly does that work again, crunchyass? Please tell us more. They didn't teach that strategy in business school.
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03-21-2017, 07:40 AM
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#22
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,251
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Quote:
Originally Posted by lustylad
So you're saying anyone can become a billionaire if they declare multiple bankruptcies and don't pay their bills?
How exactly does that work again, crunchyass? Please tell us more. They didn't teach that strategy in business school.
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It certainly helps when your father gives you untold millions in money and a business structure with which to move forward. It's really difficult to tell how successful a businessman Trump has been over the years. I liken it to when I go into a casino. With my limited funds, I can't gamble wildly so it is unlikely I will win big even if I hit a hot streak. With unlimited funds in my pocket, I can either win big or declare bankruptcy. lol.
Source: https://www.washingtonpost.com/news/...=.4d401e8b8e53
"Trump protests too much when he says that Rubio’s $200-million figure is “wrong by a factor of hundreds.” Trump likely did not inherit $200 million by himself, though perhaps that was the size of the father’s estate, before taxes.
Moreover, Trump’s claim that he built a real-estate fortune out of a “small” $1 million loan is simply not credible. He benefited from numerous loans and loan guarantees, as well as his father’s connections, to make the move into Manhattan. His father also set up lucrative trusts to provide steady income. When Donald Trump became overextended in the casino business, his father bailed him out with a shady casino-chip loan—and Trump also borrowed $9 million against his future inheritance. While Trump asserts “it has not been easy for me,” he glosses over the fact that his father paved the way for his success — and that his father bailed him out when he got into trouble."
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03-21-2017, 07:42 AM
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#23
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Sexual Wellness Therapist
User ID: 138754
Join Date: Jun 9, 2012
Location: Bellevue,W.A.
Posts: 3,261
My ECCIE Reviews
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So would anyone like to comment about the fact the all intelligence agencies testified to the fact that trump lied about wiretapping ? Or about the fact that they have been investigating his ties to Russia? I did say follow the money. So how is trump a billionaire...mmm hiding his money, getting money from daddy to clear his ass from debt, yes he did get paid from a reality show but lied about those numbers too, and last of from Russia. Wow, that was so hard to follow.
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03-21-2017, 08:01 AM
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#24
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Living in a Cereal World
Join Date: May 24, 2016
Location: West Coast
Posts: 3,000
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Watching lustyturd Flail Because Facts Are His Worst Enemy :)
Have you noticed that lustyturd defends EVERYTHING Trump has said and done?
Curious what his Ostrich defense is for this (and literally hundreds of other examples):
Donald Trump's Taj Mahal casino in Atlantic City, N.J., nearly flushed Forest Jenkins' company Triad Building Services down the toilet.
In 1988 and 1989, Jenkins, a contractor, spent months installing the stall walls in the bathrooms of the mega-casino. The job was supposed to pay $231,000. The check for the work, though, never showed up, stretching the finances of Jenkins' small construction business. Eventually Jenkins, whose business did manage to survive the episode, was paid $70,000, or 30 cents on the dollar in the restructuring that followed. The episode still upsets Jenkin's daughter, Beth Rosser.
“I grit my teeth every time I see him on television talking about what a wonderful businessman he is,” Rosser said of Donald Trump in a CNN interview in September. “He stepped on a lot of people.” —FORTUNE
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03-21-2017, 08:06 AM
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#25
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Living in a Cereal World
Join Date: May 24, 2016
Location: West Coast
Posts: 3,000
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Quote:
Originally Posted by SpeedRacerXXX
It certainly helps when your father gives you untold millions in money and a business structure with which to move forward. It's really difficult to tell how successful a businessman Trump has been over the years. I liken it to when I go into a casino. With my limited funds, I can't gamble wildly so it is unlikely I will win big even if I hit a hot streak. With unlimited funds in my pocket, I can either win big or declare bankruptcy. lol.
Source: https://www.washingtonpost.com/news/...=.4d401e8b8e53
"Trump protests too much when he says that Rubio’s $200-million figure is “wrong by a factor of hundreds.” Trump likely did not inherit $200 million by himself, though perhaps that was the size of the father’s estate, before taxes.
Moreover, Trump’s claim that he built a real-estate fortune out of a “small” $1 million loan is simply not credible. He benefited from numerous loans and loan guarantees, as well as his father’s connections, to make the move into Manhattan. His father also set up lucrative trusts to provide steady income. When Donald Trump became overextended in the casino business, his father bailed him out with a shady casino-chip loan—and Trump also borrowed $9 million against his future inheritance. While Trump asserts “it has not been easy for me,” he glosses over the fact that his father paved the way for his success — and that his father bailed him out when he got into trouble."
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BOOM!
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03-21-2017, 09:00 AM
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#26
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BANNED
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 18,435
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Quote:
Originally Posted by Cap'n Crunch
Have you noticed that lustyturd defends EVERYTHING Trump has said and done?
Curious what his Ostrich defense is for this (and literally hundreds of other examples)...
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Who's defending Trump? Yeah, he declared bankruptcy on certain properties/businesses. Yeah, some creditors and suppliers were not paid in full as a result. I'm not denying it or arguing an "ostrich defense" (whatever that is). You claimed that's how he became a billionaire. Heck, I can declare Bk too. Heck, I can not pay my bills too. Is that the simple formula for becoming a billionaire? How does that work again? You still haven't explained.
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03-21-2017, 09:10 AM
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#27
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Living in a Cereal World
Join Date: May 24, 2016
Location: West Coast
Posts: 3,000
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Quote:
Originally Posted by Cap'n Crunch
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My comment is self-explanatory unless you are a vacuous twit.
It is highly unlikely Donald Trump would be a billionaire if he had been unable to declare multiple bankruptcies. These multiple safety nets kept him from being sued from here to Kingdom Come.
Seriously, are you so dense as to not understand this?
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03-21-2017, 09:28 AM
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#28
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BANNED
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 18,435
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Quote:
Originally Posted by SpeedRacerXXX
It certainly helps when your father gives you untold millions in money and a business structure with which to move forward. It's really difficult to tell how successful a businessman Trump has been over the years....[/COLOR]
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So if someone inherits a modestly successful family business and turns it into a billion-dollar empire, he deserves no credit. But if someone fritters away his family wealth and drives his inherited business into the ground, you would applaud?
Over the years I have noticed how people tend to react to the success of others in one of two ways. Losers like crunchyass are jealous and envious and can always be counted on to snipe and badmouth in every way possible. Winners look at successful people and try to copy and emulate their habits of success. We need more of the latter. Fuck the naysayers.
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03-21-2017, 09:39 AM
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#29
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Living in a Cereal World
Join Date: May 24, 2016
Location: West Coast
Posts: 3,000
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Quote:
Originally Posted by lustylad
Winners look at successful people and try to copy and emulate their habits of success. We need more of the latter. Fuck the naysayers.
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lustyturd would like to emulate Trump's habits...
FOFLMAO
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03-21-2017, 09:44 AM
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#30
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Living in a Cereal World
Join Date: May 24, 2016
Location: West Coast
Posts: 3,000
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Also, it is highly unlikely Trump would be a billionaire had he not received all the money and special favors from his daddy.
I'd sure like to "emulate" receiving millions of dollars. I could throw it all in index funds and do better than Trump did PLUS I wouldn't need to declare bankruptcy!
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