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For fuck sake, Druff! Trump was successful in NYC with his first big project (Trump Tower) because he bribed local politicians to give his property generous tax breaks, and the banks who lent him money knew his father implicitly would cover them if the project soured.Quote:
Originally Posted by Dan Druff
Exactly.Quote:
Originally Posted by SrslySirius
I never understood this criticism of Trump.
I can understand the criticism of the lack of ethics of some of his business practices, but not that he was a "failure".
It's not like he inherited a billion and is now worth 200 million, and yet is claiming success.
He definitely ran up a large amount of money into a huge amount of money. Props to him there, and props to him for using his outsized personality to create a brand which became recognizable and synonymous with success. Those are all real skills, whether his detractors want to admit it or not.
Speaking of poor business skills, LOL at Twitter being afraid to capitalize on Trump's usage of their platform. Even without supporting or endorsing him, they could have promoted the hell out of this by repeatedly reminding everyone to sign up for Twitter in order to get an instant connection to this President and his communications to the American people.
While Trump's usage of Twitter is no secret, there are plenty of less-tech-savvy Americans out there who don't realize that by creating a Twitter account and subscribing to him, they can see all of his commentary instantly, before news outlets report it.
Instead, Twitter will continue with the status quo, and continue to lose money.
Their decisions really leave me scratching my head sometimes.
Reminds me of their cyberbullying/trolling issue. Twitter is pretty much a free-for-all and they censor almost nothing. This has actually hindered them from success, by their own admission. However, instead of changing how they handle abuse of their terms of service, they do absolutely nothing, aside from occasionally banning a celebrity like Milo in some weird phony display that they're handling the problem.
Also, Trump pocketed about $150 million while running his casinos into the ground up to about the middle 1990s, leaving all of his investors holding the bag. And when building those casinos, he slowpayed subcontractors until they settled for a fraction of what he owed them.
And since then, he has only has significant success in deals where Russians played a key role in the financial viabilty/success of the projects as buyers of overpriced properties, or as lenders when other banks wouldn't work with him. And that involvement has classic signs of being driven by money laundering.
Why is it that you pride yourself on having super skills in identifying when some business or individual is likely engaging in fraud or shadiness, but you seem to give Trump a big pass on this? Because when it comes to pulling off shady and unethical shit businesswise, Trump makes Howard Lederer look like a third rate amateur.
But what if... like... he knew you'd know he knew? What then?
Quote:
Originally Posted by duped_samaritanTrump’s net worth has grown about 300% to an estimated $4 billion since 1987, according to a report by the Associated Press. But the real estate mogul would have made even more money if he had just invested in index funds. The AP says that, if Trump had invested in an index fund in 1988, his net worth would be as much as $13 billion.Quote:
Originally Posted by Dan Druff
The S&P 500 has grown 1,336% since 1988.
Other billionaires’ net worths have beaten the stock market’s growth in that time. Bill Gates, for example, saw his grow increase 7,173% since 1988 to $80 billion. Warren Buffet’s wealth grew 2,612% in the same time period, to $67.8 billion.
http://fortune.com/2015/08/20/donald-trump-index-funds/
until someone can point to anyone keeping there money in index funds for decades untouched, i have to laugh at this comparison. comparing him to bill gates is laughable as well, aside from mentioning that ppl used to want to be trump rich until gates blew up. warren is a hero to me tho.
Not sure if this is directed at me but if it is, fuck off.Quote:
Originally Posted by vegas1369Nah, just a guy too lazy to use Google.Quote:
Originally Posted by DJ_Chaps
https://www.washingtonpost.com/polit...-give-his-son/
trump's wife fighting with his ex-wife on twitter is the type of dignity and leadership the highest office in the land has yearned for.
I particularly enjoyed the golf tweet. I bet his "unhinged" mate got 2 scoops of ice cream in the clubhouse afterwards.
ALL THE BEST PEOPLE
http://content.jwplatform.com/previe...phLDp-YtF6y0JQ
Quick reminder Puerto Rico's power has been restored to less than 15% of the island and Trump is challenging people to IQ tests on twitter.
...and then backing down from that challenge after MENSA offered to make it happen. So alpha.Quote:
Originally Posted by sonatine
If Trump loses, the test is rigged. Totally unfair! Fake standardized test.Quote:
Originally Posted by DirtyB...and then backing down from that challenge after MENSA offered to make it happen. So alpha.Quote:
Originally Posted by sonatine
Ya, I am sure this was a freestyle tooQuote:
Originally Posted by vegas1369
Trump still owning all the libtards
it was so terrible it better be a freestyle.Quote:
Originally Posted by chinamaniacYa, I am sure this was a freestyle tooQuote:
Originally Posted by vegas1369
Trump still owning all the libtards
I couldn't watch more than 30 seconds of it. TRUMP = GOD.Quote:
Originally Posted by RealTalkit was so terrible it better be a freestyle.Quote:
Originally Posted by chinamaniac
more cringeworthy - that freestyle or this interview?
https://www.youtube.com/watch?v=B9PCJqgfR3I