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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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 Posted: Fri Aug 23, 2019 4:53 pm Post subject: |
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| If Trump keeps this up, I'm going to have to buy a yacht, and move into Lady Gaga's house. |
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vientomas
Joined: 25 Apr 2000
Posts: 2343
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| Posted: Fri Aug 23, 2019 5:30 pm Post subject: |
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| mat-ty wrote: | | vientomas wrote: | | MalibuGuru wrote: | | boggsman1 wrote: | Here's a quote today from Herbert Hoover:
“….My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?” Trump wrote after the speech ended.
That's the leader of the free world comparing our Federal Reserve Chairman to a communist dictator...truly pathetic ..
Worst. Negotiator. Ever. |
The entire world has zero interest rates. Why shouldn't we? Powell is responsible for our slowdown. I am consistent about my criticism of the FED. The FED is a farce.
America became the power we are without a federal reserve. |
Yeah, it's not Trump's fault. He has never had a business fail:
#1) Trump Taj Mahal (1991): The Trump Taj Mahal casino in Atlantic City opened in 1990, with Trump financing the completion of its construction with $675 million in junk bonds at 14% interest. By the following year the casino itself was in debt to the tune of $3 billion, while Trump himself owed some $900 million in personal liabilities.
In order to keep the Taj Mahal afloat, Trump struck a deal with his lenders in which he gave up half his ownership share and equity in the casino, sold his Trump Shuttle airline and his Trump Princess 220-foot yacht, and agreed to a bank-set limit on his personal spending in exchange for a lower interest rate and additional time to make his loan payments.
#2 and #3) Trump’s Castle and Trump Plaza Casinos (1992): Less than a year after the Taj Mahal bankruptcy Trump filed for Chapter 11 protection again for two more Atlantic City hotel-casinos, the Trump Plaza and Trump’s Castle, over their inability to make principal and interest payments on bonds. The Plaza ($550 million in debt) and the Castle ($338 million in debt) were competing against each other, as well as against the Taj Mahal, and Trump gave up a 50% share in exchange for more favorable terms on the debts.
#4) Trump Plaza Hotel (1992): Donald Trump filed for bankruptcy protection a third time in 1992 over the Trump Plaza Hotel on New York’s famous Fifth Avenue, overlooking Central Park in midtown Manhattan. Once again, Trump gave up a 49% stake in the property to secure more favorable terms from lenders on the luxury hotel’s debt of more than $550 million.
#5) Trump Hotels and Casinos Resorts (2004): In 1995, Donald Trump established Trump Hotels and Casino Resorts as a publicly traded company, an entity that eventually consolidated his three Atlantic City casinos (Trump Taj Mahal, Trump Castle, and Trump Plaza), along with other properties, under one company. In 2004, Trump sought Chapter 11 bankruptcy protection for the company, with filings listing about $1.8 billion in debt. Yet again, Trump’s ownership in the business was reduced, from 47% to 27%, in order to obtain more favorable terms from lenders.
#6) Trump Entertainment Resorts (2009): After its 2004 bankruptcy, Trump Hotels and Casino Resorts was renamed Trump Entertainment Resorts (TER), and that latter entity went Chapter 11 in 2009 with a debt of $1.2 billion. Trump fought with his board of directors over how to restructure the company and ended up reducing his ownership share of the business once again (to 10%) and resigning as chairman of the board.
tajmahal
TER sold off the former Trump’s Castle (by then renamed the Trump Marina) to Landry’s in 2011, who rebranded it as the Golden Nugget Atlantic City. In 2014, Trump filed a lawsuit to bar the continued use of his name on TER’s remaining Atlantic City casinos, the Trump Plaza and the Trump Taj Mahal, holding that “the license entities have allowed the casino properties to fall into an utter state of disrepair and have otherwise failed to operate and manage the casino properties in accordance with the high standards of quality and luxury required under the license agreement.” Shortly afterwards, TER declared bankruptcy yet again and closed the Trump Plaza casino for good. The Trump Taj Mahal remained with TER, which became a subsidiary of Icahn Enterprises upon emerging from bankruptcy protection in 2016.
Other Trump Business Failures
As well, Donald Trump has undertaken a number of business projects that ultimately failed (or failed to live up to his lofty projections) without resulting in bankrupcties, including:
Trump Steaks
GoTrump (online travel site)
Trump Airlines
Trump Vodka
Trump Mortgage
Trump: The Game
Trump Magazine
Trump University
Trump Ice (bottled water)
The New Jersey Generals (pro football team)
Tour de Trump (bicycle race)
Trump Network (nutritional supplements)
Trumped! (syndicated radio spot) |
You could make a list of success and failures for any billionaire you ignorant POS...you probably never ran or built anything in your life. |
Wrong yet again. I've been been running my own business for over 26 years. I always pay my bills on time and never needed any help from anyone. Don't forget, Trump had his money handed to him by daddy. I made my own money. Care to make another incorrect assumption? Here is what I picture when you spew your nonsense all over this forum...Angry Matty. |
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mat-ty
Joined: 07 Jul 2007
Posts: 7850
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| Posted: Fri Aug 23, 2019 6:30 pm Post subject: |
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| vientomas wrote: | | mat-ty wrote: | | vientomas wrote: | | MalibuGuru wrote: | | boggsman1 wrote: | Here's a quote today from Herbert Hoover:
“….My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?” Trump wrote after the speech ended.
That's the leader of the free world comparing our Federal Reserve Chairman to a communist dictator...truly pathetic ..
Worst. Negotiator. Ever. |
The entire world has zero interest rates. Why shouldn't we? Powell is responsible for our slowdown. I am consistent about my criticism of the FED. The FED is a farce.
America became the power we are without a federal reserve. |
Yeah, it's not Trump's fault. He has never had a business fail:
#1) Trump Taj Mahal (1991): The Trump Taj Mahal casino in Atlantic City opened in 1990, with Trump financing the completion of its construction with $675 million in junk bonds at 14% interest. By the following year the casino itself was in debt to the tune of $3 billion, while Trump himself owed some $900 million in personal liabilities.
In order to keep the Taj Mahal afloat, Trump struck a deal with his lenders in which he gave up half his ownership share and equity in the casino, sold his Trump Shuttle airline and his Trump Princess 220-foot yacht, and agreed to a bank-set limit on his personal spending in exchange for a lower interest rate and additional time to make his loan payments.
#2 and #3) Trump’s Castle and Trump Plaza Casinos (1992): Less than a year after the Taj Mahal bankruptcy Trump filed for Chapter 11 protection again for two more Atlantic City hotel-casinos, the Trump Plaza and Trump’s Castle, over their inability to make principal and interest payments on bonds. The Plaza ($550 million in debt) and the Castle ($338 million in debt) were competing against each other, as well as against the Taj Mahal, and Trump gave up a 50% share in exchange for more favorable terms on the debts.
#4) Trump Plaza Hotel (1992): Donald Trump filed for bankruptcy protection a third time in 1992 over the Trump Plaza Hotel on New York’s famous Fifth Avenue, overlooking Central Park in midtown Manhattan. Once again, Trump gave up a 49% stake in the property to secure more favorable terms from lenders on the luxury hotel’s debt of more than $550 million.
#5) Trump Hotels and Casinos Resorts (2004): In 1995, Donald Trump established Trump Hotels and Casino Resorts as a publicly traded company, an entity that eventually consolidated his three Atlantic City casinos (Trump Taj Mahal, Trump Castle, and Trump Plaza), along with other properties, under one company. In 2004, Trump sought Chapter 11 bankruptcy protection for the company, with filings listing about $1.8 billion in debt. Yet again, Trump’s ownership in the business was reduced, from 47% to 27%, in order to obtain more favorable terms from lenders.
#6) Trump Entertainment Resorts (2009): After its 2004 bankruptcy, Trump Hotels and Casino Resorts was renamed Trump Entertainment Resorts (TER), and that latter entity went Chapter 11 in 2009 with a debt of $1.2 billion. Trump fought with his board of directors over how to restructure the company and ended up reducing his ownership share of the business once again (to 10%) and resigning as chairman of the board.
tajmahal
TER sold off the former Trump’s Castle (by then renamed the Trump Marina) to Landry’s in 2011, who rebranded it as the Golden Nugget Atlantic City. In 2014, Trump filed a lawsuit to bar the continued use of his name on TER’s remaining Atlantic City casinos, the Trump Plaza and the Trump Taj Mahal, holding that “the license entities have allowed the casino properties to fall into an utter state of disrepair and have otherwise failed to operate and manage the casino properties in accordance with the high standards of quality and luxury required under the license agreement.” Shortly afterwards, TER declared bankruptcy yet again and closed the Trump Plaza casino for good. The Trump Taj Mahal remained with TER, which became a subsidiary of Icahn Enterprises upon emerging from bankruptcy protection in 2016.
Other Trump Business Failures
As well, Donald Trump has undertaken a number of business projects that ultimately failed (or failed to live up to his lofty projections) without resulting in bankrupcties, including:
Trump Steaks
GoTrump (online travel site)
Trump Airlines
Trump Vodka
Trump Mortgage
Trump: The Game
Trump Magazine
Trump University
Trump Ice (bottled water)
The New Jersey Generals (pro football team)
Tour de Trump (bicycle race)
Trump Network (nutritional supplements)
Trumped! (syndicated radio spot) |
You could make a list of success and failures for any billionaire you ignorant POS...you probably never ran or built anything in your life. |
Wrong yet again. I've been been running my own business for over 26 years. I always pay my bills on time and never needed any help from anyone. Don't forget, Trump had his money handed to him by daddy. I made my own money. Care to make another incorrect assumption? Here is what I picture when you spew your nonsense all over this forum...Angry Matty. |
What is it a hog dog stand??.....Trump turned a few million into Billions moron, not easy.. |
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real-human
Joined: 02 Jul 2011
Posts: 14878
Location: on earth
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| Posted: Fri Aug 23, 2019 7:45 pm Post subject: |
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trump first president in the history of polling to never hit a 50% approval rate.
https://www.youtube.com/watch?v=Ld61B8OHbXI
_________________
when good people stay silent the right wing are the only ones heard. |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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| Posted: Fri Aug 23, 2019 10:29 pm Post subject: |
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Thank God for the electoral college |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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| Posted: Fri Aug 23, 2019 10:29 pm Post subject: |
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| Non-citizens accounted for 64 percent of all federal arrests in 2018, according to new data released on Aug. 22 by the Justice Department. The surge was driven largely by immigration-crime arrests, which have soared to the highest level in at least two decades. |
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mac
Joined: 07 Mar 1999
Posts: 17747
Location: Berkeley, California
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| Posted: Fri Aug 23, 2019 10:41 pm Post subject: |
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| They are arresting people for crossing the border to seek asylum--and ignoring white nationalist violence. Malibu must be wetting his panties. |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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| Posted: Sat Aug 24, 2019 9:50 am Post subject: |
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| mac wrote: | | They are arresting people for crossing the border to seek asylum--and ignoring white nationalist violence. Malibu must be wetting his panties. |
Sorry Mac, these are non immigration felonies. Trump is allowing the Justice department to release the data, unlike previous morons. |
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real-human
Joined: 02 Jul 2011
Posts: 14878
Location: on earth
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| Posted: Sat Aug 24, 2019 11:09 am Post subject: |
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| MalibuGuru wrote: | | mac wrote: | | They are arresting people for crossing the border to seek asylum--and ignoring white nationalist violence. Malibu must be wetting his panties. |
Sorry Mac, these are non immigration felonies. Trump is allowing the Justice department to release the data, unlike previous morons. |
Moscow malibu lies and does not post links for his info as we have found many fake documents and claims that are of the russian signature.
back up your information with the source links that show this Moscow Malibu Barfie.
As we know... moscow malibu barfie is such a low level to no level thinker he probably went to some of those russian arranged facebook rallies or reposted them. If it is hate or a lie to attack dems Moscow Malibu barfie eat it up and pukes it out thinking his putrid hot air passes the stink test.
_________________
when good people stay silent the right wing are the only ones heard. |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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| Posted: Sat Aug 24, 2019 11:29 am Post subject: |
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| Department of justice moron |
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