Pretty much.
To the rest of the world, twittering Trump is the GOP’s Tub Girl.
Let me start by saying I despise Trump, despised him long before he was running for public office, and I find anyone carrying water for him to be odious, ignorant, and un-American. But this statement is incorrect.
The loofah-faced shit gibbon (“LFSG”) has never gone bankrupt (to the best of my knowledge). Businesses started by, and sometimes run by, LFSG have gone bankrupt. Due to the way things work in the US, each business is a separate legal entity, and any one can go bankrupt without affecting any of the others. It is very, very common in real estate that each property is a separate legal entity. That way, if one goes belly up, the assets of the others can’t be attached; if one gets sued and loses more than covered by insurance, the assets of the others can’t be garnished. When LFSG Steaks, Inc. (made up name) goes belly up, the creditors can’t look to LFSG Suppositories, Inc. (another made up name) to satisfy Steaks debt.
Lastly, while I don’t have any more access to the LFSG’s books and records than anyone else on this board, I’m fairly certain LFSG and his preferred investors have never ended up without a chair when the music stopped for his game of bankruptcy musical chairs. Because he’s a fucking scumbag, he has used bankruptcy as a way to avoid paying creditors after over-leveraging businesses and bleeding them for everything he can get away with.
And the Democrats are gormless. It’s more like Two Parties, One Cup.
For the love of God, please, no Lemon Party.
I’ll withdraw “went bankrupt” then. He was a shitty and corrupt businessman who helped destroy six entities, swindling thousands of investors, employees and contractors due to lax bankruptcy laws.
Daddy saved his ass with cash when he was failing throughout the 90’s, and provided a massive safety cushion by dying in 1999.
It just couldn’t be a Lemon Party without old Dick.
Cheney. Dick Cheney. Get your mind out of the gutter, people.
ETA: Or Dick Lemon.
Steve Bannon?
Let’s see - Frank left $200M or so when he died in 1999, divided among 4-5 recipients. Yet Trump according to himself was worth $5B in 2000, and $1.6B according to Forbes.
Doesn’t look like a “massive safety cushion” to me.
Funniest shit I’ve read all day!
Michael Bloomberg is a self-made billionaire. Donald Trump is an affirmative-action billionaire.
Hey according to myself, I am the most kissable member of the Dutch royal family.
Are you gonna laugh at me too? That’s what I thought.
And several decades he’s turned it into 2.9 billion. If I had done that with my inheritance I’d have 2.9 nothing. What a great businessman he is.
Yep – it takes talent to not grow a bigger fortune from his starting point:
tanned, rested and dead
5 separate bankruptcies affect everyone employed at these separate companies. I think that’s what is being referenced when people bring this up.
So it’s that he’s a crook and not that he was actually broke. He has caused many many americans to be broke.
And who knows how many small businesses went bankrupt because of his non-bill paying shenanigans.
Him having been the subject of > 3,500 lawsuits in his lifetime, the vast majority of them being over non-payment of debt should have precluded him from any office.
I’m not defending him. I won’t defend him. He’s worse than a worthless human being. He is a shitstain on America, highlighted many other shitstains in America, and is a shitstain on the whole human race.
But DT has (again, to the best of my knowledge) never gone bankrupt. 5 of his (likely) hundreds of business entities have. If the celebrity huckster didn’t brag to any camera pointed in its direction about how good of a business person it is, no one would even notice. This shit happens all the time. Entrepreneurs fail all the time, businesses go under, owners hopefully learn from their mistakes, and they start anew. No one celebrates Warren Buffett’s failures, because Buffett isn’t the consumate in-your-face asshole.
Personally, at this point, anyone who does work for our shithead-in-chief should know to demand payment in advance, and if the hired party doesn’t, that’s their own fault. Even the shoe-shine guy should put the polish on, get paid, and then finish, rather than expect payment when he’s done. And if brick one of that idiotic wall ever gets laid, any contractor who didn’t demand at least 75% up front deserves the butt-fucking he or she will get when it is time to collect.
Not at all! If you had said “according to Trump”, however…