Mega-Thread: Trump Focused Discussion

[Dontrike]

Pretty sure he is using tax dollars and foreign contributions (ie diplomats staying at his hotels) to prop up his bottom line

Remember everyone, it's not socialism when you pay for rich people's failures, only poor people's.

[rda]

Very interesting indeed... How did business man Trump lose billions, while president Trump made nearly half a million? How exactly does that happen?

Half a billion, not half a million.

This happened because Trump was making billions before he was the president as well. Him losing billions was just an episode that got all the media attention, he was making way more than he was losing. Go figure.

- - - Updated - - -

It shows that Trump makes more money as president, than he does as businesses man.

I don't think this is true.

[Elegiac]

Going to go out on a limb and say it was probably 1 of 3 people or even all 3 for that matter. Nunes, Jordan, or Gaettz. All 3 of them would be willing participants to Trump ball washing.

Given the subject matter I'm willing to be it's Nunes.

[rda]

Should Trump even be a businessman as President? Any money the Trump organisation makes shouldn't be anywhere near his pockets, being President and all.

And no, any time someone is dumb enough that he bankrupts a casino, I probably won't consider him a good businessman. Don't even need to look at all his other failed business ideas.

Whether he should be a businessman is a good question indeed. I don't know all the details with Trump, but what happens in other countries is that the guy who becomes the president gives away all power it has in his former businesses - at least for the duration of the presidency. I think the same might have happened with Trump. If so, this news about Trump's businesses doing well is a story of Trump's former businesses, now controlled by someone else (children? either that or some trust) doing well.

The media who were constantly talking about how Trump is a terrible businessman appear to have hoisted on their own petard, because his businesses evidently continue going along just fine.

[Elegiac]

Whether he should be a businessman is a good question indeed. I don't know all the details with Trump, but what happens in other countries is that the guy who becomes the president gives away all power it has in his former businesses - at least for the duration of the presidency. I think the same might have happened with Trump. If so, this news about Trump's businesses doing well is a story of Trump's former businesses, now controlled by someone else (children? either that or some trust) doing well.

The media who were constantly talking about how Trump is a terrible businessman appear to have hoisted on their own petard, because his businesses evidently continue going along just fine.

Someone doesn't understand the difference between revenue and profit.

Hint: An earnings report doesn't illustrate someone's liabilities or outstanding debts.

[rda]

That he's a terrible businessman. Do you not remember Trump steaks, University (especially this one), only getting a start due to daddy dearest giving him millions, multiple casinos failing, charity shut down, and so much more. Right now he has his hotels and even those are losing money and tenants like mad, his restaurants in his hotels barely able to pass health inspections, one hotel didn't have working sprinkler system, he hires illegal immigrants in his hotels (isn't that hypocritical), and so many other dumbass decisions that you have to wonder if Trump should be tested to always wear a helmet.

He makes money due to past deals, [...]

Look, I think you are playing it hard and fast and the above is mostly untrue. I don't know whether it is untrue, but I don't see anything that would make me go "yeah", all I see is unsubstantiated - so far - stories. There is a document on the previous page with the exact sources for the 400+ million (close to 450). If you could check it out and say something specific about the major sources, that would perhaps work better.

- - - Updated - - -

Someone doesn't understand the difference between revenue and profit.

Hint: An earnings report doesn't illustrate someone's liabilities or outstanding debts.

I understand it, of course. Are you saying that Trump has probably been accumulating debt and we just don't know, so he is still a bad businessman even with big income?

[Dontrike]

because his businesses evidently continue going along just fine.

Yeah....if you forget all the ones that have crashed and burned and his debts.

You could say the same thing about doctors fresh out of medical school. They are doing just fine if you ignore the tens, if not hundreds, of thousands of dollars of debt.

Seriously, you can't go "well if you only look at his successes and not the myriad of failures, he looks fucking great."

- - - Updated - - -

Look, I think you are playing it hard and fast and the above is mostly untrue. I don't know whether it is untrue, but I don't see anything that would make me go "yeah", all I see is unsubstantiated - so far - stories. There is a document on the previous page with the exact sources for the 400+ million (close to 450). If you could check it out and say something specific about the major sources, that would perhaps work better.

Haha, okay, Trump University is totally unsubstantiated and doesn't have multiple lawsuits Trump's way because of it. He totally didn't have multiple failing casinos. Trump steaks is still going strong, his charity is much better, and more thrive-ier (yes, I know that's not a word, but it sounds like something Trump would say) than KKKillery's, he totally didn't have a fire in his hotel where a sprinkler system didn't work, he always pays every employee or anyone that has ever done anything for him, and every bank ever loves giving him money.

You're right, all of those are figments of MSM's imagination and it's all the deep state that made those up. If it wasn't for the oranges of the investigation all of those businesses would be the thrive-iest.

[rda]

Yeah....if you forget all the ones that have crashed and burned and his debts.

Yes, if I forget all the ones that have crashed and burned. Crashing and burning is normal in business. You are measured by what has survived. For real, I am not saying it because I want to play a contrarian, this is how it really is.

I have no idea about his debts, that's true. Can you share any info on that? Yes, this could change things, but what's the info, what are we talking about?

[Elegiac]

I understand it, of course. Are you saying that Trump has probably been accumulating debt and we just don't know, so he is still a bad businessman even with big income?

That's precisely what I'm saying. A businessman that was doing nothing but haemorrhaging money during a boom market isn't likely to remain profitable after a market collapse like 2008.

[rda]

That's precisely what I'm saying. A businessman that was doing nothing but haemorrhaging money during a boom market isn't likely to remain profitable after a market collapse like 2008.

If you are referring to the loss of 1.1 billion tens of years ago, he was doing way more than just losing money and his net worth when he was becoming president was estimated to be 3.5 billion, IIRC. Pointing to this loss and saying "yeah, this is a bad businessman" is just childish, the loss does not show anything like that. (And by the way, the decade was a boom in other markets than he was in. Real estate was losing money big, he was by far not the only loser there. Again, go figure.)

[Elegiac]

Yes, if I forget all the ones that have crashed and burned. Crashing and burning is normal in business. You are counted by the quantity of what survived. For real, I am not saying it because I want to play a contrarian, this is how it really is.

Nah, we know why you're saying it Ivan.

Even discounting Trump's outright failures, the fact that if his public statements are to be believed (they aren't) he has made less money trying to invest his money than he would have done by just letting it accrue interest should be damning enough in of itself.

There's no version of this story where Trump isn't an idiot with inherited wealth.

- - - Updated - - -

If you are referring to the loss of 1.1 billion tens of years ago, he was doing way more than just losing money

Yeah, he was losing money when everyone else was making it rain. That's even worse, lol.

and his net worth when he was becoming president was estimated to be 3.5 billion, IIRC.

I also doubt that considering he lies to inflate his value.

[rda]

Even discounting Trump's outright failures, the fact that if his public statements are to be believed (they aren't) he has made less money trying to invest his money than he would have done by just letting it accrue interest should be damning enough in of itself.

Any math showing this?

[Thestrawman]

Yes, if I forget all the ones that have crashed and burned. Crashing and burning is normal in business. You are measured by what has survived. For real, I am not saying it because I want to play a contrarian, this is how it really is.

I have no idea about his debts, that's true. Can you share any info on that? Yes, this could change things, but what's the info, what are we talking about?

You don't know a lot of things do you? Makes me wonder if you're willfully this stupid or just mentally handicapped.

[rda]

Yeah, he was losing money when everyone else was making it rain. That's even worse, lol.

Check what he was losing money on and check what others in the same market were doing. You are in for a surprise. They were also losing money.

[Dontrike]

Welp, here's some more stupidity from Trump and what he wants from the wall. No longer will it be a solar wall, but now it must be painted black and have pointed tips, have less openings, the openings be smaller, and must be as tall as possible (let's not forget when he said only Mexicans that could get over would have to be Olympic pole vaulters.)

One design Trump panned, according to a former official, was topped by a rounded, barrel-like metal cylinder to prevent climbing. Approved barrier designs include a flat-panel anti-climbing surface that has been field-tested, but the president doesn’t like the way it looks either, arguing that sharp spikes would appear more intimidating.

Trump told one group of aides that the metal points would cut the hands of climbers and function as a more effective deterrent.

Apparently Trump is taking his wall aesthetics from the first Horde. Spikes. EVERYWHERE! Very menacing. Such black. Wow! Some orcs, I assume, are good on both sides.

[Elegiac]

Any math showing this?

http://fortune.com/2017/08/20/donald-trump-index-funds/
https://www.vox.com/2015/9/2/9248963...ump-index-fund
https://www.marketwatch.com/story/do...her-2017-04-06
https://www.forbes.com/sites/katesta.../#23645263437b

This has been common knowledge for years now. Try to keep up.

[rda]

http://fortune.com/2017/08/20/donald-trump-index-funds/
https://www.vox.com/2015/9/2/9248963...ump-index-fund
https://www.marketwatch.com/story/do...her-2017-04-06
https://www.forbes.com/sites/katesta.../#23645263437b

This has been common knowledge for years now. Try to keep up.

Thanks, I will check it out.

---
Yeah, OK, no, that's mostly nothing. This "comparison" is a bogus one, it all hinges on the measurement period being awfully long. You just cannot measure like that, if you do, a lot of well-operated businesses will look underperforming. You have to measure saner periods and saner scopes (parts of businesses), otherwise garbage in garbage out.

[Breccia]

Welp, here's some more stupidity from Trump and what he wants from the wall.

Nobody believed Trump was going to make a solar Wall. Especially not Trump. He just wanted something to taunt the Democrats with, so he came up with a stupid unbelievable lie. Not even the rabid fanbase believed it.

But I'll give him credit, "smaller openings" makes sense. Sense...sense...hmm. What rhymes with "sense"? OH WAIT it's "fence" isn't it? Pretty sure Walls don't need smaller openings, because they're called doors and windows.

Also, let's not forget, he's redesigning the thing and he's already past halftime. For someone who claims he could build the best Walls, that's sure a lot of Wall he's not building. This sounds like delegation from someone who we know for a fact watches Game of Thrones Memes. At least the spikey bits makes sense when you're dismantling a missile defense system to use as makeshift scrap metal (exaggeration).

[Dontrike]

Nobody believed Trump was going to make a solar Wall. Especially not Trump. He just wanted something to taunt the Democrats with, so he came up with a stupid unbelievable lie. Not even the rabid fanbase believed it.

But I'll give him credit, "smaller openings" makes sense. Sense...sense...hmm. What rhymes with "sense"? OH WAIT it's "fence" isn't it? Pretty sure Walls don't need smaller openings, because they're called doors and windows.

Also, let's not forget, he's redesigning the thing and he's already past halftime. For someone who claims he could build the best Walls, that's sure a lot of Wall he's not building. This sounds like delegation from someone who we know for a fact watches Game of Thrones Memes. At least the spikey bits makes sense when you're dismantling a missile defense system to use as makeshift scrap metal (exaggeration).

It amazes me he wants it black, like Trump is going through his goth phase right now and he thinks it will look cooler because of it.

[Elegiac]

Thanks, I will check it out.

---
Yeah, OK, no, that's mostly nothing. This "comparison" is a bogus one, it all hinges on the measurement period being awfully long. You just cannot measure like that, if you do, a lot of well-operated businesses will look underperforming. You have to measure saner periods and saner scopes (parts of businesses), otherwise garbage in garbage out.

Then you can show me examples of those well-operated businesses.

Man I haven't seen this much reaching since Rose Mary Woods.