Some of YOU are often calling posters "commies" because YOU have no response of substance thus YOU take the low road

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jerra b
20 Jun 2023 2:13 pm
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ConsRule » 19 Jun 2023, 7:13 am » wrote: The New York Times should fired David Cay Johnston for being in idiot.  Trump has never filed bankruptcy.
https://philadelphiabankruptcylawyers.c ... ankruptcy/

TRUMP HAS FILED FOR SIX BUSINESS BANKRUPTCIESTrump, however,  filed for bankruptcy regarding these companies:
  • The Trump Taj Mahal in 1991 — Trump financed the completion of the Taj Mahal casino construction with $675 million in junk bonds at 14 percent interest. In 1992, the casino was in debt by $3 billion. Trump ended up owing approximately $900 million in personal liabilities. To keep the casino open, Trump made a deal with lenders by giving up his half of ownership and equity in the entity. He sold his airplane and his 220-foot yacht and agreed to a bank-set limit on his spending if he would lower the interest rate and have more time to make his loan payments.
  • Trump Castle Hotel & Casino in 1992 and Trump Plaza Casino 1992 — In less than a year, Trump filed for Chapter 11 protection for two more Atlantic City hotel-casinos. Trump was unable to make the principle and interest payments on bonds. At this point, the Taj Mahal was competing with the hotel-casinos Trump Plaza ($550 million in debt) and Trump’s Castle ($338 million in debt). Trump forfeited a 50 percent share in exchange for better terms on the money he owed.
  • Trump Plaza Hotel 1992 — This was the year that Trump filed for bankruptcy protection over the Trump Plaza Hotel. Trump gave up his 49 percent stake in the property to secure better terms from lenders on the hotel’s debt of over $550 million.
  • Trump Hotels and Casinos Resorts in 2004 — At this time, Trump had already consolidated his three casinos, and some other properties, under one company. In 2004, He sought Chapter 11 bankruptcy protection for the entity and filed in the area of $1.8 billion of debt. Once more, Trump’s ownership was lessened from 47 percent to 27 percent so that he could get more favorable terms from lenders.
  • Trump Entertainment Resorts in 2009 — Trump Hotels and Casino Resorts were renamed Trump Entertainment Resorts (TER) after the 2004 bankruptcy. In 2009, TER filed for Chapter 11  with a debt of $1.2 billion. Trump reduced his ownership to 10 percent and resigned as chairman of the board.
Critics cite that the Trump corporate bankruptcies are examples of his inability to manage, his recklessness, and poor business acumen. Trump answers that criticism by stating he has used federal laws to protect his business interests. This idea is an example, he says, of his business insight and outstanding intelligence. Trump stated in August 2015:
 
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jerra b
20 Jun 2023 2:18 pm
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nuckinfutz » 20 Jun 2023, 10:18 am » wrote: Thank God for RAZOO! The truth escapes from its Rethuglican torture cell!
I brought up House of Trump House of Putin and got pilloried for it!
Now am reading Unger's old book; "House of Bush House of Saud"
---------------------------------------------------------------

https://docs.house.gov/meetings/JU/JU00 ... -SD003.pdf

When pressed about the multiple bankruptcies at his Atlantic City casinos, Donald Trump routinely says the episodes highlight his business acumen. He made out well, he claims, at the expense only of his greedy Wall Street financiers. “These lenders aren’t babies,” he said during a Republican primary debate last fall. “These are total killers. These are not the nice, sweet little people that you think, okay?” Yet among those who suffered as a result of Trump’s bankruptcies were his own casino employees, who collectively lost millions of dollars in retirement savings when the company’s value plummeted. Trump’s company encouraged its employees to invest their retirement savings in company stock, according to a class-action lawsuit filed by employees against Trump Hotels & Casino Resorts following its 2004 bankruptcy. Then, when the stock price was near its nadir as bankruptcy loomed, the company forced the employees to sell their stock at a huge loss. More than 400 employees lost a total of more than $2 million from their retirement accounts, the lawsuit states. The lawsuit was ultimately dismissed when a judge found no illegal actions on the part of Trump’s company. But the conflict shows how Trump’s exploitation of bankruptcy laws for his personal gain did end up hurting his employees. “I didn’t realize he was as stupid as he is,” says a former casino worker at Trump Plaza who asked not to be named. “Honestly. I thought, way back when, the guy was way brighter than we were. He was running the company and we were working for him. We thought he was brilliant. When we invested in it, we thought, how could this stock go so low?
 
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jerra b
20 Jun 2023 2:21 pm
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nuckinfutz » 20 Jun 2023, 10:18 am » wrote: Thank God for RAZOO! The truth escapes from its Rethuglican torture cell!
I brought up House of Trump House of Putin and got pilloried for it!
Now am reading Unger's old book; "House of Bush House of Saud"
------------------------------------------------------------

https://money.cnn.com/2015/08/31/news/c ... ankruptcy/

Donald Trump brags about how well his businesses have fared in bankruptcy. And in fact, no major U.S. company has filed for Chapter 11 more than Trump's casino empire in the last 30 years."I have used the laws of this country ... the [bankruptcy] chapter laws, to do a great job for my company, for myself, for my employees, for my family," he said during the first Republican presidential debate on August 6.Trump claims that successful businesses file for bankruptcy all the time. At the debate he said "virtually every person that you read about on the front page of the business sections, they've used the [bankruptcy] law."But the facts don't back that comment up.
 
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Skans
20 Jun 2023 2:21 pm
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jerrab » 20 Jun 2023, 2:13 pm » wrote: Critics cite that the Trump corporate bankruptcies are examples of his inability to manage, his recklessness, and poor business acumen. Trump answers that criticism by stating he has used federal laws to protect his business interests. This idea is an example, he says, of his business insight and outstanding intelligence. Trump stated in August 2015:
Here's the deal - Trump has the balls to actually go out there and take risks.  He has the smarts to insulate himself personally from failed ventures.   And, he has the resources and perseverance to pick himself up by the bootstraps, get out there, and take business risks with the chance that he could be wildly successful.  And, he has become wildly successful.

You can't do that.
Joe Biden never could do that.
Most people can't do this.
But, Trump has what it takes to do it. 

As a woman, you might not want to cuddle up with Trump and have him make sweet love to you.  As a man, you might not want to engage in battle with Trump without being armed with a lot of money and teams of lawyers.  But, as a Citizen of the United States, I want that ballsy, tenacious, street-fighter with the experiences he has running my country and kicking foreign ***. As President, Trump costs me less than a penny a day or exactly $1.29/year to be my Commander In Chief.  I think that's a good deal.
 
 
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jerra b
20 Jun 2023 2:32 pm
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Skans » 20 Jun 2023, 2:21 pm » wrote: Here's the deal - Trump has the balls to actually go out there and take risks.  He has the smarts to insulate himself personally from failed ventures.   And, he has the resources and perseverance to pick himself up by the bootstraps, get out there, and take business risks with the chance that he could be wildly successful.  And, he has become wildly successful.

You can't do that.
Joe Biden never could do that.
Most people can't do this.
But, Trump has what it takes to do it. 

As a woman, you might not want to cuddle up with Trump and have him make sweet love to you.  As a man, you might not want to engage in battle with Trump without being armed with a lot of money and teams of lawyers.  But, as a Citizen of the United States, I want that ballsy, tenacious, street-fighter with the experiences he has running my country and kicking foreign ***. As President, Trump costs me less than a penny a day or exactly $1.29/year to be my Commander In Chief.  I think that's a good deal.

I know I know whatever trump does you give him a pass.

and if he screws his workers  that is fine too.

--------------------------------------------------------------------

 Trump’s company encouraged its employees to invest their retirement savings in company stock, according to a class-action lawsuit filed by employees against Trump Hotels & Casino Resorts following its 2004 bankruptcy. Then, when the stock price was near its nadir as bankruptcy loomed, the company forced the employees to sell their stock at a huge loss. More than 400 employees lost a total of more than $2 million from their retirement accounts, the lawsuit states.
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jerra b
20 Jun 2023 2:34 pm
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Skans » 20 Jun 2023, 2:21 pm » wrote: Here's the deal - Trump has the balls to actually go out there and take risks.  He has the smarts to insulate himself personally from failed ventures.   And, he has the resources and perseverance to pick himself up by the bootstraps, get out there, and take business risks with the chance that he could be wildly successful.  And, he has become wildly successful.

You can't do that.
Joe Biden never could do that.
Most people can't do this.
But, Trump has what it takes to do it. 

As a woman, you might not want to cuddle up with Trump and have him make sweet love to you.  As a man, you might not want to engage in battle with Trump without being armed with a lot of money and teams of lawyers.  But, as a Citizen of the United States, I want that ballsy, tenacious, street-fighter with the experiences he has running my country and kicking foreign ***. As President, Trump costs me less than a penny a day or exactly $1.29/year to be my Commander In Chief.  I think that's a good deal.
-----------------------------------------------

https://money.cnn.com/2015/08/31/news/c ... ankruptcy/

"I have used the laws of this country ... the [bankruptcy] chapter laws, to do a great job for my company, for myself, for my employees, for my family," he said during the first Republican presidential debate on August 6.Trump claims that successful businesses file for bankruptcy all the time. At the debate he said "virtually every person that you read about on the front page of the business sections, they've used the [bankruptcy] law."But the facts don't back that comment up.Despite high profile examples, including General Motors (GM), Lehman Brothers and most of the nation's major airlines, fewer than 20% of public companies with assets of $1 billion or more have filed for bankruptcy in the last 30 years, according to data from Bankruptcy.com and S&P Capital IQ.
 
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ConsRule
20 Jun 2023 2:40 pm
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jerrab » 20 Jun 2023, 2:13 pm » wrote: https://philadelphiabankruptcylawyers.c ... ankruptcy/

TRUMP HAS FILED FOR SIX BUSINESS BANKRUPTCIESTrump, however,  filed for bankruptcy regarding these companies:
  • The Trump Taj Mahal in 1991 — Trump financed the completion of the Taj Mahal casino construction with $675 million in junk bonds at 14 percent interest. In 1992, the casino was in debt by $3 billion. Trump ended up owing approximately $900 million in personal liabilities. To keep the casino open, Trump made a deal with lenders by giving up his half of ownership and equity in the entity. He sold his airplane and his 220-foot yacht and agreed to a bank-set limit on his spending if he would lower the interest rate and have more time to make his loan payments.
  • Trump Castle Hotel & Casino in 1992 and Trump Plaza Casino 1992 — In less than a year, Trump filed for Chapter 11 protection for two more Atlantic City hotel-casinos. Trump was unable to make the principle and interest payments on bonds. At this point, the Taj Mahal was competing with the hotel-casinos Trump Plaza ($550 million in debt) and Trump’s Castle ($338 million in debt). Trump forfeited a 50 percent share in exchange for better terms on the money he owed.
  • Trump Plaza Hotel 1992 — This was the year that Trump filed for bankruptcy protection over the Trump Plaza Hotel. Trump gave up his 49 percent stake in the property to secure better terms from lenders on the hotel’s debt of over $550 million.
  • Trump Hotels and Casinos Resorts in 2004 — At this time, Trump had already consolidated his three casinos, and some other properties, under one company. In 2004, He sought Chapter 11 bankruptcy protection for the entity and filed in the area of $1.8 billion of debt. Once more, Trump’s ownership was lessened from 47 percent to 27 percent so that he could get more favorable terms from lenders.
  • Trump Entertainment Resorts in 2009 — Trump Hotels and Casino Resorts were renamed Trump Entertainment Resorts (TER) after the 2004 bankruptcy. In 2009, TER filed for Chapter 11  with a debt of $1.2 billion. Trump reduced his ownership to 10 percent and resigned as chairman of the board.
Critics cite that the Trump corporate bankruptcies are examples of his inability to manage, his recklessness, and poor business acumen. Trump answers that criticism by stating he has used federal laws to protect his business interests. This idea is an example, he says, of his business insight and outstanding intelligence. Trump stated in August 2015:
Trump businesses have filed six times, but Trump has never filed himself...which is what the idiot writer said.

Trump owns all or part of over 500 business ventures. In the US, more than 60% of businesses fail within the first 5 years.  At that rate, Trump's bankruptcy rate is astonishingly low.
 
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ConsRule
20 Jun 2023 2:42 pm
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jerrab » 20 Jun 2023, 2:34 pm » wrote: -----------------------------------------------

https://money.cnn.com/2015/08/31/news/c ... ankruptcy/

"I have used the laws of this country ... the [bankruptcy] chapter laws, to do a great job for my company, for myself, for my employees, for my family," he said during the first Republican presidential debate on August 6.Trump claims that successful businesses file for bankruptcy all the time. At the debate he said "virtually every person that you read about on the front page of the business sections, they've used the [bankruptcy] law."But the facts don't back that comment up.Despite high profile examples, including General Motors (GM), Lehman Brothers and most of the nation's major airlines, fewer than 20% of public companies with assets of $1 billion or more have filed for bankruptcy in the last 30 years, according to data from Bankruptcy.com and S&P Capital IQ.
So you're critical of Trump for using the laws passed by Congress?  You don't want him following the law and you don't want him breaking the law.  Are there any other options?
 
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sole
20 Jun 2023 3:05 pm
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Sumela » 20 Jun 2023, 10:05 am » wrote: Its a new world....

All falls on BIDEN REGIME


Image
what makes it(this planet) a new world? New ideas or next generation gap repeating all the old ones ignoring the same thing every time.
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jerra b
20 Jun 2023 3:08 pm
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ConsRule » 20 Jun 2023, 2:42 pm » wrote: So you're critical of Trump for using the laws passed by Congress?  You don't want him following the law and you don't want him breaking the law.  Are there any other options?

he takes advantage of the law and screws everyone else.
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jerra b
20 Jun 2023 3:14 pm
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ConsRule » 20 Jun 2023, 2:40 pm » wrote: Trump businesses have filed six times, but Trump has never filed himself...which is what the idiot writer said.

Trump owns all or part of over 500 business ventures. In the US, more than 60% of businesses fail within the first 5 years.  At that rate, Trump's bankruptcy rate is astonishingly low.
nope I am going by what you said.

ConsRule » Yesterday, 7:13 am » wrote: 
Yesterday, 7:13 am
The New York Times should fired David Cay Johnston for being in idiot.  Trump has never filed bankruptcy.
 
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sole
20 Jun 2023 3:14 pm
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jerra b » 20 Jun 2023, 3:08 pm » wrote: he takes advantage of the law and screws everyone else.
and you aren't?
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ConsRule
20 Jun 2023 3:28 pm
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jerrab » 20 Jun 2023, 3:14 pm » wrote: nope I am going by what you said.

ConsRule » Yesterday, 7:13 am » wrote: 
Yesterday, 7:13 am
The New York Times should fired David Cay Johnston for being in idiot.  Trump has never filed bankruptcy.
And Donald Trump has never filed bankruptcy.  Businesses that he has/had an equity interest in have...HE has not.

Words have meanings.  You should get a dictionary...and maybe take a reading comprehension course.

 
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jerra b
20 Jun 2023 3:39 pm
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ConsRule » 20 Jun 2023, 3:28 pm » wrote: And Donald Trump has never filed bankruptcy.  Businesses that he has/had an equity interest in have...HE has not.

Words have meanings.  You should get a dictionary...and maybe take a reading comprehension course.


he filed.
 
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ConsRule
20 Jun 2023 3:41 pm
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No...he didn't.  I know you're too stupid to know the difference, but keep your chin up...that just verifies you're a liberal.
 
To show you the difference, one of the filings you listed was Trump Entertainment Resorts.  The link below is to a CNBC story on that filing.  They cite the case at the bottom of the article;

The case is In Re: Trump Entertainment Resorts Inc, U.S. Bankruptcy Court, District of Delaware, No:14-12103.

Notice the party filing is NOT Donald Trump.

https://www.cnbc.com/amp/2014/09/09/tru ... uptcy.html
 
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jerra b
20 Jun 2023 3:45 pm
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ConsRule » 20 Jun 2023, 3:41 pm » wrote: No...he didn't.  I know you're too stupid to know the difference, but keep your chin up...that just verifies you're a liberal.
you prove  that you  just a dumb blind trump supporter.

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  • Trump Castle Hotel & Casino in 1992 and Trump Plaza Casino 1992 — In less than a year, Trump filed for Chapter 11 protection for two more Atlantic City hotel-casinos. Trump was unable to make the principle and interest payments on bonds. At this point, the Taj Mahal was competing with the hotel-casinos Trump Plaza ($550 million in debt) and Trump’s Castle ($338 million in debt). Trump forfeited a 50 percent share in exchange for better terms on the money he owed.
  • Trump Plaza Hotel 1992 — This was the year that Trump filed for bankruptcy protection over the Trump Plaza Hotel. Trump gave up his 49 percen
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ConsRule
20 Jun 2023 3:50 pm
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jerrab » 20 Jun 2023, 3:45 pm » wrote: you prove  that you  just a dumb blind trump supporter.

-------------------------------------------------------------------------------------
  • Trump Castle Hotel & Casino in 1992 and Trump Plaza Casino 1992 — In less than a year, Trump filed for Chapter 11 protection for two more Atlantic City hotel-casinos. Trump was unable to make the principle and interest payments on bonds. At this point, the Taj Mahal was competing with the hotel-casinos Trump Plaza ($550 million in debt) and Trump’s Castle ($338 million in debt). Trump forfeited a 50 percent share in exchange for better terms on the money he owed.
  • Trump Plaza Hotel 1992 — This was the year that Trump filed for bankruptcy protection over the Trump Plaza Hotel. Trump gave up his 49 percen
Just because your non-cited cut and paste says "Trump filed" doesn't mean it's true.  Bankruptcy filings are public record.  Provide a link to ONE filing that show the party on the document to be Donald Trump.

I'll wait...
 
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ConsRule
20 Jun 2023 3:51 pm
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jerrab » 20 Jun 2023, 3:45 pm » wrote: you prove  that you  just a dumb blind trump supporter.


 
English wasn't a one of your strengths in school, was it?
 
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Beekeeper
20 Jun 2023 4:09 pm
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nuckinfutz » 20 Jun 2023, 12:48 pm » wrote: YOU ARE A TRUTH DENIALIST!
SOCIALISM,. which is what Uyger LOVES, as do you, is TOTALLY BASED ON **** LIES, IDIOT!!!

Suck on that one, ASSHOLE and then DIE for us so we can eliminate ANOTHER **** COMMIE!!
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke

The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
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jerra b
20 Jun 2023 4:27 pm
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ConsRule » 20 Jun 2023, 3:50 pm » wrote: Just because your non-cited cut and paste says "Trump filed" doesn't mean it's true.  Bankruptcy filings are public record.  Provide a link to ONE filing that show the party on the document to be Donald Trump.

I'll wait...
he freaking brags about it.

----------------------------------------------

"I have used the laws of this country ... the [bankruptcy] chapter laws, to do a great job for my company, for myself, for my employees, for my family," he said during the first Republican presidential debate on August 6.Trump claims that successful businesses file for bankruptcy all the time. At the debate he said "virtually every person that you read about on the front page of the business sections, they've used the [bankruptcy] law."But the facts don't back that comment up.

---------------------------------------
and he lied that he  helps his employees.
 
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