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Another part falls off the "finely tuned machine".


homersapien

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Another Trump associate pays the price.....

 

Hicks departure leaves White House without Trump translator

 

......Hicks was one of the first people to join Trump’s 2016 presidential bid, and she was nearly always at his side on the campaign trail and in the White House. But her decision to exit came after she drew scrutiny amid several minefields facing the administration.

On Tuesday, she declined to answer many questions during an appearance before House investigators looking into Russian interference in the 2016 election. In early February, she was drawn into the controversy surrounding former staff secretary Rob Porter, whom she had been dating and who resigned amid claims of physical and verbal abuse from two ex-wives....

Read the full article at: https://www.politico.com/story/2018/02/28/hope-hicks-to-resignation-from-white-house-430821

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33 minutes ago, homersapien said:

Another Trump associate pays the price.....

 

Hicks departure leaves White House without Trump translator

 

......Hicks was one of the first people to join Trump’s 2016 presidential bid, and she was nearly always at his side on the campaign trail and in the White House. But her decision to exit came after she drew scrutiny amid several minefields facing the administration.

On Tuesday, she declined to answer many questions during an appearance before House investigators looking into Russian interference in the 2016 election. In early February, she was drawn into the controversy surrounding former staff secretary Rob Porter, whom she had been dating and who resigned amid claims of physical and verbal abuse from two ex-wives....

Read the full article at: https://www.politico.com/story/2018/02/28/hope-hicks-to-resignation-from-white-house-430821

 

The article headline is both hilarious and disturbing.

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3 minutes ago, Strychnine said:

 

The article headline is both hilarious and disturbing.

Yeah, it's frightening to think of Trump acting as president without someone to re-phrase, re-position or simply ignore what he says.

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The only person that thought Trump ever ran "a finely tuned machine" ever in his life was him. He has been a business trainwreck all his life.

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3 hours ago, DKW 86 said:

The only person that thought Trump ever ran "a finely tuned machine" ever in his life was him. He has been a business trainwreck all his life.

I believe there are a few on the board that would disagree, however, they are also Olympic Gold level mental gymnasts, well trained in the sport of suppressing all evidence of reality and the art of fine self-delusion.

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4 hours ago, DKW 86 said:

The only person that thought Trump ever ran "a finely tuned machine" ever in his life was him. He has been a business trainwreck all his life.

Wish I had had a several $B train wreck.:hellyeah:

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Some could stumble into a pile of manure and come out smelling like roses.

Trump, he has failed, IE Bankrupted 6X: https://www.snopes.com/2016/08/01/donald-trumps-bankruptcies/

Quote

 

#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.

 

5

So far he has bankrupted to the tune of $8.34BN over 18 years.

For the record, Trump seems to live in a world where losing $460M/Year is the norm. WTF is successful about that?

 

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2 hours ago, DKW 86 said:

Some could stumble into a pile of manure and come out smelling like roses.

Trump, he has failed, IE Bankrupted 6X: https://www.snopes.com/2016/08/01/donald-trumps-bankruptcies/

So far he has bankrupted to the tune of $8.34BN over 18 years.

For the record, Trump seems to live in a world where losing $460M/Year is the norm. WTF is successful about that?

 

A lot of money to spend on a lavish life style, a huge net worth.........and a beautiful, well educated wife?:bananadance:

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3 hours ago, Proud Tiger said:

Wish I had had a several $B train wreck.:hellyeah:

Start with a similar 150 million stake and invest in the market.  You'll outperform Trump.

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8 hours ago, DKW 86 said:

Some could stumble into a pile of manure and come out smelling like roses.

Trump, he has failed, IE Bankrupted 6X: https://www.snopes.com/2016/08/01/donald-trumps-bankruptcies/

So far he has bankrupted to the tune of $8.34BN over 18 years.

For the record, Trump seems to live in a world where losing $460M/Year is the norm. WTF is successful about that?

 

Yet he is one of the most important men in the world right now. President Trump........amazing is it not? 

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Another part falls off the "finely tuned machine".

Nothing about this administration ever has been " finely tuned". Because it has been in war with the whining leftest,  CNN,..... and Russians since Nov 9 2016.  The great people that elected President Trump understand Hopes decision. 

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8 hours ago, SaltyTiger said:

Yet he is one of the most important men in the world right now. President Trump........amazing is it not? 

Maybe what got Trump elected was that the people were sssooo tired of DC Elitism that they chose the ANTI-ELitist Trump. He is boorish, rude, unread, uneducated, had a name that was well known. Hell, Donald Trump is to the US as George Wallace is to Alabama. Now factor in that HRC ran her usual awful campaign and was really just phony and unlikeable to so many... HRC lost the campaign to the worst candidate to ever run for the WH.

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On 3/3/2018 at 12:00 PM, DKW 86 said:

Some could stumble into a pile of manure and come out smelling like roses.

Trump, he has failed, IE Bankrupted 6X: https://www.snopes.com/2016/08/01/donald-trumps-bankruptcies/

So far he has bankrupted to the tune of $8.34BN over 18 years.

For the record, Trump seems to live in a world where losing $460M/Year is the norm. WTF is successful about that?

 

That doesn't mean he has failed. In fact, bankruptcy alone doesn't mean he failed. Are you aware often corporations/businessmen declare bankruptcy, strategically. What do you say about all of his ventures that were highly profitable? For example, he completed the renovation of Wollman Rink ahead of schedule and nearly $1M under budget. Or what do you think about the 40 Wall Street building investment?

Yes, some of his ventures didn't do as well as others,  but the fact that he declared bankruptcy (to cover his butt) doesn't really bare on his other ventures where that didn't happen. Looking only at his failures in business severely distorts an objective inquiry re Trump ventures. 

Fair statement, wouldn't you agree? 

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On 3/3/2018 at 9:38 AM, HVAU said:

I believe there are a few on the board that would disagree, however, they are also Olympic Gold level mental gymnasts, well trained in the sport of suppressing all evidence of reality and the art of fine self-delusion.

Some evidence that ventures failed. Some evidence that ventures did not fail. Business dealings in which risk was inherent. 

Roughly, one-third of his ventures succeeded - a little over three times the general success rate (per silicon valley estimates). Doesn't mean he's necessarily a business guru, but give credit where credit is due. Only those who know virtually nothing about business would see a 33% success rate and say "business train wreck." @DKW 86

 

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3 hours ago, NolaAuTiger said:

That doesn't mean he has failed. In fact, bankruptcy alone doesn't mean he failed. Are you aware often corporations/businessmen declare bankruptcy, strategically. What do you say about all of his ventures that were highly profitable? For example, he completed the renovation of Wollman Rink ahead of schedule and nearly $1M under budget. Or what do you think about the 40 Wall Street building investment?

Yes, some of his ventures didn't do as well as others,  but the fact that he declared bankruptcy (to cover his butt) doesn't really bare on his other ventures where that didn't happen. Looking only at his failures in business severely distorts an objective inquiry re Trump ventures. 

Fair statement, wouldn't you agree? 

I disagree. When you have seriously mismanaged your affairs to the tune that you have had your vendors and employees write off $8.4BN you are flat out a bad businessman. How many times are you allowed to cost banks, insurance companies, and your own shareholders before you are accountable? Lets add in the other Trump Businesses that have just failed: Trump University, etc. Trump is surrounded by business and personal failings. He is a man without character nor any sense of accountability. 

His average over the 18 years was a $460MN loss per year. How is that good business?

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13 hours ago, DKW 86 said:

 what got Trump elected was is that the people were are sssooo tired of DC Elitism that they chose choose the ANTI-ELitist Trump. 

A little editing and you get it David. 

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5 hours ago, DKW 86 said:

I disagree. When you have seriously mismanaged your affairs to the tune that you have had your vendors and employees write off $8.4BN you are flat out a bad businessman. How many times are you allowed to cost banks, insurance companies, and your own shareholders before you are accountable? Lets add in the other Trump Businesses that have just failed: Trump University, etc. Trump is surrounded by business and personal failings. He is a man without character nor any sense of accountability. 

His average over the 18 years was a $460MN loss per year. How is that good business?

Which business/businesses are you referring to?  Please provide support for these statements. 

Also, are you aware that he controls (is the sole or principal owner)  upwards of 500 business entities [at least prior to being president, as I think by law he had to get out of many]? Even if stipulated, your statements are vastly misleading. Nonetheless, please still substantiate your claims.

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2 hours ago, DKW 86 said:

I disagree. When you have seriously mismanaged your affairs to the tune that you have had your vendors and employees write off $8.4BN you are flat out a bad businessman. How many times are you allowed to cost banks, insurance companies, and your own shareholders before you are accountable? Lets add in the other Trump Businesses that have just failed: Trump University, etc. Trump is surrounded by business and personal failings. He is a man without character nor any sense of accountability. 

His average over the 18 years was a $460MN loss per year. How is that good business?

$460 million a year 18 years and stayed in business, Brilliant man and has one hell of an accountant. 

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29 minutes ago, SaltyTiger said:

$460 million a year 18 years and stayed in business, Brilliant man and has one hell of an accountant. 

I'm not even sure what he means by "$460M loss per year." Will need further explanation. Maybe he's seen the tax returns?? Doesn't make much sense. 

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