He's just bored. None of that stuff is profitable. His actual money comes from real estate and/or casinos, and if you're a made man that owns real estate, thats a pretty boring life. So he opens up dumb corporations just as something to do.
Mark Cuban and Trump actually have a lot in common. Both are rich, arrogant, loud mouthed ass holes. I wouldn't put much stock in what Cuban says. Like I said, he's just another rich swinging penile unit, or feminine hygiene product container...take your pick.
difference is that Cuban actually makes money. Trump exploits bankruptcy court and loan guarantees from investors and laundering "friends'" money through an illegal "charity fund" to funnel money his way without ever providing any real service. Oh, and not paying contractors.
But you're right: both are arrogant assholes.
Not the same comparison. Mark Cuban is a self made man. He literally did door to door sales for a while, now he's with upwards of 15 billion. His NBA team alone is worth many times the combined value of Trump's assets.
The Donald borrowed millions from his dad, and ran previously successfully businesses into the ground.
... you basically assume the real world is just like you imagine it is (and I do mean literally "imagine")... Lots of people do that and, bizarrely enough, lots of them manage somehow to more or less live their lives doing that. But it doesn't make it so...Really not getting the whole Trump campaign falling apart message.
I don't have cable so...
I didn't know he had a brand to collapse. The Trump name has always been shit to me personally.
That looks a helluva lot more fun than a political rally.I was doing some searching this morning and located Trump's voter base out here in the real world.
Trump himself has repeatedly claimed that the value of his name (ie, his brand) is the MAJOR component of his net worth. Basically since the collapse of his Atlantic City empire, multiple loan defaults and corporate bankruptcies no legit lender will deal with him anymore. So for the last decade plus his main business model has been essentially franchising his name. Another developer/group of investors licenses to use the Trump name on their project. He gets a fee/percentage of ownership/percentage of revenue as negotiated. Trump maintains the appearance of being a developer with new projects.
His current and future problems are twofold. Most of his operations, especially retail sales, are very high end. His anti-Muslim rants especially have caused the ultra rich Saudis etc to effectively boycott him. This summer there was a brief spat of news stories that foot traffic in his retail establishments was down 80-90%. He is going to have a lot of bankrupt partners/investors in the near future and the possibility of him lining up well-heeled suckers to fund his future ventures will dry up.
Personally I think he is also probably facing huge liabilities when the judgments, penalties and fines start rolling in on the Trump University litigation and Trump foundation. He plays very aggressively with his income tax deductions apparently, that could easily come back to bit him in the ass especially since he is now the poster child for billionaire tax scofflaws. That's how they got Al Capone, Trump could easily fall the same way.
Mark Cuban predicted Trump would be bankrupt in five years if he doesn't win the election. I wouldn't bet against that prediction.
Not the same comparison. Mark Cuban is a self made man. He literally did door to door sales for a while, now he's with upwards of 15 billion. His NBA team alone is worth many times the combined value of Trump's assets.
The Donald borrowed millions from his dad, and ran previously successfully businesses into the ground.
This is something of a misnomer. He was in and running the family business, so wherever he wanted to "borrow" was something of a formality since it's akin to writing a check to yourself.
This is best illustrated when he really needed real money for earlier developments, he had his father's name and more to use as collateral for loans.
There's also good reason to believe Trump is actually pretty rich with all the inherited ny real estate, even if not in his name per se. What these trust fund kids "do for a living" is frankly more of a game to them, and in that sense Trump is hardly the greatest failure given he almost scammed his way to the presidency.
He fucking pimped his hotel in the last debate.He's in DC today to promote hotel instead of campaigning. This guy doesn't really want to be President else he'd be out on the trail this close to the election.
I sat in my apartment today on a very beautiful hotel down the street.
He's in DC today to promote hotel instead of campaigning. This guy doesn't really want to be President else he'd be out on the trail this close to the election.
You almost hit on it. I'd change it to, virtually NO ONE gave a flying shit.A lot of people didn't care or simply had no knowledge of his political bent. This election ....
The sheer amount of projection you can fit into a post is amazing.You almost hit on it. I'd change it to, virtually NO ONE gave a flying shit.
4 years from now, it'll be someone else people are whipped into a frenzy over, and programmed to unleash their hate for. Now granted, Trump makes it EASY for those prone to go overboard with their hatred. The man is 1000% unlikeable.
Plenty of people despise Hillary, and with good reason.. but is every other thread here just blind Hillary hatred, and even extending it to her entire family?
I've always seen Trump as a shameless self-promoting D-bag that plays at being a businessman more than actually is one. But really, he's not worth all this blind, stupid hatred. This election is just a big fucking goof, a troll gone way too far... but for a lot of people it's some life or death thing that gets them all riled up like programmed assholes get over such things.
His most rabid haters just won't know what to do with themselves after the election. I'll almost feel sorry for the most rabid of them... what will their lives become with no more direction left?
The sheer amount of projection you can fit into a post is amazing.
Or the fact that when he's describing the "Trump haters", he's perfectly describing the Hillary haters.Quite amusing he's not concerned instead about the heavily armed easily manipulated cult followers who now think the election is rigged.
Casinos, really? I think he is out of the Casino business (in the US, anyway)
Plenty of people despise Hillary, and with good reason.. but is every other thread here just blind Hillary hatred, and even extending it to her entire family?
Good post, sensible and to the point. It angers me deeply that the Republicans have demonized Hillary unjustly from the beginning. To me, they have pretty much lost credibility. I can't think of a single Republican who I admire. Even Carson is endorsing Trump, he must be utterly without integrity.Yes, most Hillary hate is just blind raging. And most of the blind raging comes from moronic conspiracy theories and innuendo regarding her health, emails, and whatever she did during her time as a Senator and SoS. Even with Wikileaks and all of these movements designed to discredit her at all costs, it didn't seem to do much to affect her chances at the polls.
You can leak as many emails as you want out into the wild to discredit Hillary, but it isn't going to do much during an election when one of your opponents is an Oompa Loompa with the political sensibilities of Benito Mussolini. Plus, most of her leaked emails aren't really damning enough to actually be considered scandalous. Having to scour over 30,000 emails (most of which can easily be taken out of context), and having to dig deep to find that one smoking gun of evidence against her does not really paint Wikileaks in the best of light. It just makes them look more desperate than they appear.
And then there's all of that moronic innuendo regarding her health and Bill's infidelity. I'm not going to waste my time giving that kind of innuendo any kind of credibility or respect, because one has been proven to be objectively false and the other has virtually nothing to do with Hillary herself.
Yeah, I made a personal decision, swore to myself a few days ago, I'd avoid anything Trump... a hotel, a golf course, wine, ties, what have you. It was gratifying last night to see on the news that 40% of the American public is making that same vow.