Mark Levin's Divorce

[aligncare]

But it was worth your time to hurl angry and untruthful insults. It ain't adding up Paco.

I see graciousness is not in your lexicon.

Carry-on.

[aligncare]

The thing is the bankruptcies weren't caused by Trump and they were Chapter 11 reorganizations. Lies, disinformation, disinformation and deceit are all used by haters.

You're exactly correct. The bottom fell out of that entire sector in the early 1990s. MGM Grand, Winn casino, a couple of others also folded in Atlantic City. Even at that, Trump's casino had been doing the best of those  others when he filed Chapter 11.

[MACVSOG68]

The thing is the bankruptcies weren't caused by Trump and they were Chapter 11 reorganizations. Lies, disinformation, disinformation and deceit are all used by haters.

I wish you'd get away from that silly "hater" thing.  There are a lot of people here and in the GOP who have serious concerns about this candidate who aren't "haters".  They are just as patriotic as your side claims to be.  Whether many here agree, Trump had a number of business failures, and they will be an issue in the GE. 

[A-Lert]

I wish you'd get away from that silly "hater" thing.  There are a lot of people here and in the GOP who have serious concerns about this candidate who aren't "haters".  They are just as patriotic as your side claims to be.  Whether many here agree, Trump had a number of business failures, and they will be an issue in the GE.

The haters are easy to identify.

You didn't read the article at the link I posted, did you. The quotes are from a Georgetown law professor.  Reorganizations aren't failures. They are setbacks which were overcome. Libs love to spin anything and everything in an attempt to destroy an opponent.

[Bill Cipher]

The haters are easy to identify.

You didn't read the article at the link I posted, did you. The quotes are from a Georgetown law professor.  Reorganizations aren't failures. They are setbacks which were overcome. Libs love to spin anything and everything in an attempt to destroy an opponent.

Reorganizations are failures.  That's why the courts manage them; to make sure the pain is spread evenly.  If they weren't failures there wouldn't be any need for a special body of law, or a special set of courts, to deal with them.

[A-Lert]

Reorganizations are failures. 

The reorganizations saved the companies from failure.

[truth_seeker]

Reorganizations are failures.  That's why the courts manage them; to make sure the pain is spread evenly.  If they weren't failures there wouldn't be any need for a special body of law, or a special set of courts, to deal with them.

Says a tax attorney ?

[Bill Cipher]

The reorganizations saved the companies from failure.

No, they didn't.  If the companies hadn't failed they wouldn't have needed reorganization.  The reorganizations fixed the failures so they could continue as going concerns.

[Bill Cipher]

Says a tax attorney ?

Eh? 

 :huh?:


Says somebody who understands the basic meaning of English words.

[A-Lert]

No, they didn't.  If the companies hadn't failed they wouldn't have needed reorganization.  The reorganizations fixed the failures so they could continue as going concerns.

If the companies failed they wouldn't be operational. They had financial setbacks, reorganized under Chapter 11 and continue to operate. 

[Bill Cipher]

If the companies failed they wouldn't be operational. They had financial setbacks, reorganized under Chapter 11 and continue to operate. 

A company only gets there if it's insolvent - i.e., if its losses exceed its assets - which is by definition a failure.

[MACVSOG68]

The haters are easy to identify.

You didn't read the article at the link I posted, did you. The quotes are from a Georgetown law professor.  Reorganizations aren't failures. They are setbacks which were overcome. Libs love to spin anything and everything in an attempt to destroy an opponent.

Of course it's a business failure.  If not, why do they call it a bankruptcy?  The creditors have to agree, and they do so only because they believe that it's in their best interests not to force a liquidation.  And if Trump can take credit for his various business successes, why should he not be held accountable for his failures? 

[musiclady]

I wish you'd get away from that silly "hater" thing.  There are a lot of people here and in the GOP who have serious concerns about this candidate who aren't "haters".  They are just as patriotic as your side claims to be.  Whether many here agree, Trump had a number of business failures, and they will be an issue in the GE.

"Hater" is the buzz word that Trump supporters use to make them feel that they're better people than we are because we don't support Trump and they do.

It's overused in a bizarre manner, but especially by a handful of posters.

Most of whom don't have a fully functioning vocabulary.

[sinkspur]

I am astounded at the Trump supporters twisting themselves into pretzels over Trump's obvious business failures:

In 2004, Trump Hotels and Casino Resorts, a holding company for various Trump properties including the Taj Mahal and a riverboat-gambling company in Gary, Ind., went into bankruptcy, having acquired $1.8 billion in debt while raising only $130 million through an initial public stock offering. Same story: Trump had borrowed too much money, at a rate he could not afford (15 percent, in fact, which lets you know how credit-worthy the market deems Trump to be), and once again he was obliged to give up most of his ownership stake.

Read more at: http://www.nationalreview.com/article/431420/donald-trumps-2016-debate-lies-he-went-bankrupt

Trump was a terrible credit risk (borrowed money at 15 percent when the federal funds rate was 4.5%). In another, earlier bankruptcy, Trump buried his own personal liabilities in the business"

Trump’s first bankruptcy was in 1991 after he borrowed a stupidly irresponsible amount of money to finance that monument to excruciatingly bad taste known as the Trump Taj Mahal in Atlantic City. Trump is such a good manager that the casino’s slot machines began failing during its first week of business. Never one to let reality stand in the way of his confidence, Trump had financed the $1 billion project largely with junk bonds, which meant very high interest payments. Trump did not make enough money to meet his interest payment and so was forced into bankruptcy. His ownership of the casino was diluted, and he ended up having to give back 500 slot machines to the company that had provided them.

 Trump himself was on the hook for nearly $1 billion in the deal, according to the New York Times, a sum that exceeded his net worth. He was forced to sell a fair amount of his personal property, including a yacht, as well as the failing air-shuttle service he’d been attempting to launch for some time. As Boston bankruptcy attorney Ted Connolly put it, Trump used the bankruptcy proceedings to negotiate away his personal liabilities while leaving the business saddled with debt. Unsurprisingly, the casino endured further financial problems, including bankruptcy.

Read more at: http://www.nationalreview.com/article/431420/donald-trumps-2016-debate-lies-he-went-bankrupt

[musiclady]

Why are you astounded, sinkspur?  They're also twisting themselves into knots trying to turn him into a decent human being.....

[MACVSOG68]

The reorganizations saved the companies from failure.

The reorganization saved the creditors from forcing liquidation.  If not a failure, is a chapter 11 a success?

Trump has had many successes and some dramatic failures.  Why are his supporters so afraid to link him only to his successes?

Donald Trump’s 16 Biggest Business Failures and Successes

http://time.com/3988970/donald-trump-business/

This article seems balanced does it not?  But google "Trump's business failures" and you can find a lot more.  Refusal by his supporters to even consider he can fail at something is far more of a failure than some of his less successful ventures.  We're voting for a president for goodness sake!

 

[Bill Cipher]

Adherents in a cult of personality cannot bear anything that might detract from the heroic stature of their cult figure.

[aligncare]

Of course it's a business failure.  If not, why do they call it a bankruptcy?  The creditors have to agree, and they do so only because they believe that it's in their best interests not to force a liquidation.  And if Trump can take credit for his various business successes, why should he not be held accountable for his failures?

Because those "failures" represented a tiny number compared to his successful companies.

Specifically, there are well over 500 LLCs in the Trump Organization.

Let's use the lower number: 4/500=0.008%. That's his percent of failed companies..

Mitt Romney, who had the audacity to criticize Donald Trump's "failures," while he was at Bain Capital had 15 bankruptcies with a couple being chapter 7. That worked out to be 25% of his LLCs at Bain capital.

Did you vote for Mitt Romney? Did you have any objections to Mitt Romny running for president though he had a 25% failure rate?

[Bill Cipher]

Because those "failures" represented a tiny number compared to his successful companies.

Specifically, there are well over 500 LLCs in the Trump Organization.

Let's use the lower number: 4/500=0.008%. That's his percent of failed companies..

Mitt Romney, who had the audacity to criticize Donald Trump's "failures," while he was at Bain Capital had 15 bankruptcies with a couple being chapter 7. That worked out to be 25% of his LLCs at Bain capital.

Did you vote for Mitt Romney? Did you have any objections to Mitt Romny running for president though he had a 25% failure rate?

A shell LLC used solely to hold nominal legal title to a parcel of real estate is not a separate business.  How many of those 500 LLCs are shells?

[sinkspur]

Because those "failures" represented a tiny number compared to his successful companies.

Specifically, there are well over 500 LLCs in the Trump Organization.

Let's use the lower number: 4/500=0.008%. That's his percent of failed companies..

Mitt Romney, who had the audacity to criticize Donald Trump's "failures," while he was at Bain Capital had 15 bankruptcies with a couple being chapter 7. That worked out to be 25% of his LLCs at Bain capital.

Did you vote for Mitt Romney? Did you have any objections to Mitt Romny running for president though he had a 25% failure rate?

Romney's companies were real companies.  90% of Trump's "companies" are shells, carrying the Trump label slapped on a business built and run by somebody else. In other words, Trump's business exposure in those companies is limited to the licensing of his name.

Those businesses that he actually did try and build mostly failed:  Trump Ice, Trump Steaks, Trump University, Trump Vodka, Trump Magazine, Trump Mortgage, ACN Telecom and others. 

[MACVSOG68]

"Hater" is the buzz word that Trump supporters use to make them feel that they're better people than we are because we don't support Trump and they do.

It's overused in a bizarre manner, but especially by a handful of posters.

Most of whom don't have a fully functioning vocabulary.

Yeah, it's a word that apparently permits one to bypass the anti-Trump arguments with just that one word.  There were quite a few here who went after the alleged RINO candidates with a vengeance...Bush, Rubio, Kasich et al.  And they still do.  But the supporters, and I was one, had to admit their various weaknesses.  The Trump supporters however, here and elsewhere, will support no such discussions.  You are either with him 100% or you are a hater.

When Obama was running and after his election, no one on his side would concede the slightest facts about him, his associates or his history.  While I see the same thing from Trump supporters, the difference this time is he won't have a friendly press as Obama did.

[MACVSOG68]

Because those "failures" represented a tiny number compared to his successful companies.

Specifically, there are well over 500 LLCs in the Trump Organization.

Let's use the lower number: 4/500=0.008%. That's his percent of failed companies..

Mitt Romney, who had the audacity to criticize Donald Trump's "failures," while he was at Bain Capital had 15 bankruptcies with a couple being chapter 7. That worked out to be 25% of his LLCs at Bain capital.

Did you vote for Mitt Romney? Did you have any objections to Mitt Romny running for president though he had a 25% failure rate?

A couple of differences here.  When Romney was running, I don't recall any of his supporters calling everyone who questioned his record haters.  And yes, I voted for Romney, but his business failures were there and open for discussion, as were his successes.  Romney's supporters didn't deny his history in Massachusetts.    Trump's business dealings are but one of numerous issues many Republicans have with him.  But as is obvious with even a discussion of his bankruptcies, should someone mention them, either they are a hater, or some comparison is made to others.  Obama's critics face the same thing.  Well they say, look what Bush or Reagan or Nixon did. 

[Bill Cipher]

A couple of differences here.  When Romney was running, I don't recall any of his supporters calling everyone who questioned his record haters.  And yes, I voted for Romney, but his business failures were there and open for discussion, as were his successes.  Romney's supporters didn't deny his history in Massachusetts.    Trump's business dealings are but one of numerous issues many Republicans have with him.  But as is obvious with even a discussion of his bankruptcies, should someone mention them, either they are a hater, or some comparison is made to others.  Obama's critics face the same thing.  Well they say, look what Bush or Reagan or Nixon did. 

Agreed.  I was initially opposed to him, and I did harp on his failures, but his supporters engaged and were able to put things into context; I ended up voting for him (and not just voting against Obama).

[MACVSOG68]

Agreed.  I was initially opposed to him, and I did harp on his failures, but his supporters engaged and were able to put things into context; I ended up voting for him (and not just voting against Obama).

As did I, though not in the primary here in SC. 

[aligncare]

A couple of differences here.  When Romney was running, I don't recall any of his supporters calling everyone who questioned his record haters.  And yes, I voted for Romney, but his business failures were there and open for discussion, as were his successes.  Romney's supporters didn't deny his history in Massachusetts.    Trump's business dealings are but one of numerous issues many Republicans have with him.  But as is obvious with even a discussion of his bankruptcies, should someone mention them, either they are a hater, or some comparison is made to others.  Obama's critics face the same thing.  Well they say, look what Bush or Reagan or Nixon did.

I looked over my post. I don't see where I said anything about hate?

0.008. I'll take that much failure in my business any day.

You're right about one thing, though. No single candidate in my memory has ever had to defend against such a barrage of criticism as Donald Trump has.

There was no talk about hatin' on Romney -- except maybe by a few religious bigots -- because Romney didn't have the kitchen sink thrown at him by 16 competitors, scores of debate moderators, the entire left wing media and 70% of the right wing media, the GOPe.

Romney didn't get the Hitler comparisons, the KKK racist comparisons, the Mussolini comparisons, the xenophobe, the misogynist; his supporters didn't get compared to mindless zombies and idiots ..I could go on and on and on, you know what I'm talking about. Maybe even indulged a bit yourself--I'm not accusing, just making a point.

That's right, no one mentioned anything about hate during Romney's campaign because it didn't exist.

TDS is a clinical condition brought on by exposure to Donald Trump. Some people have even sought professional help to cope with it. That's part joke and part truth.