2020 Politics Thread - Enter At Your Own Risk - RULES IN OP

[coachnip13]

Originally Posted by zachtruitt

The funniest thing in the world is that millions of people believe a white, 73 year old serial cheater/liar/adulterer who declared bankruptcy as many times as Jordan has rings is somehow a victim in all of this. He will be fine, the Twitter rants notwithstanding.

When has Donald Trump ever declared bankruptcy?

[NeedChapmans]

Originally Posted by coachnip13

When has Donald Trump ever declared bankruptcy?

You're on an econ roll today in both threads.

[NeedChapmans]

New Jersey is poor; 9.5% of all long-term care patients have died as a result of COVID-19 and the state has decided to push an emergency 35% hike on toll roads to compensate for lost revenue.

Murphy doin' a bang-up job over there.

[hostilecarrot]

Originally Posted by coachnip13

When has Donald Trump ever declared bankruptcy?

In July 1991, Trump’s Taj Mahal filed for bankruptcy.
In 1992, two of Trump's Casinos in Atlantic City and his Plaza Hotel in New York filed for bankruptcy.
In 2004, Trump Hotels and Casinos Resorts filed for bankruptcy, after accruing about $1.8 billion in debt.
In 2009, Trump Entertainment Resorts declared bankruptcy.

[coachnip13]

Originally Posted by hostilecarrot

In July 1991, Trump’s Taj Mahal filed for bankruptcy.
In 1992, two of Trump's Casinos in Atlantic City and his Plaza Hotel in New York filed for bankruptcy.
In 2004, Trump Hotels and Casinos Resorts filed for bankruptcy, after accruing about $1.8 billion in debt.
In 2009, Trump Entertainment Resorts declared bankruptcy.

Maybe you didn't understand the question.

When has Donald Trump ever declared bankruptcy?

[marl1220]

Originally Posted by discostu

Ok, so your theory is that Epstein didn't kill himself. Cool. Doesn't affect me either way, but surely there are people that have some answers. If the administration has something to investigate to prove that, they'll investigate it. Maybe it was Bill Clinton sneaking in and choking Epstein with a Big Mac he smuggled in.

No one is claiming that Epstein didn't appear to run some pedophile ring...so we're not talking about debunking that.

We're talking pizza. Much like Pee Wee Herman felt duped that his bike wasn't in the basement of the Alamo, there was nothing associated with Comet Pizza and the entire Clinton Pizzagate conspiracy. NOTHING!

These things are totally unrelated.

Hell, we don't even know if Epstein liked pizza. Or the basement of the Alamo.

The stars at night, are dim and dumb
Deep in the heart, of conspiracy!

Do you feel the same way about all the conspiracy theories surrounding Trump?

[marl1220]

Originally Posted by hostilecarrot

In July 1991, Trump’s Taj Mahal filed for bankruptcy.
In 1992, two of Trump's Casinos in Atlantic City and his Plaza Hotel in New York filed for bankruptcy.
In 2004, Trump Hotels and Casinos Resorts filed for bankruptcy, after accruing about $1.8 billion in debt.
In 2009, Trump Entertainment Resorts declared bankruptcy.

I'm going to go out on a limb and say that someone will claim that it wasn't "Trump" the individual that declared bankruptcy. It was his company.

[coachnip13]

Originally Posted by marl1220

I'm going to go out on a limb and say that someone will claim that it wasn't "Trump" the individual that declared bankruptcy. It was his company.

Why would that be a "claim" in quotes? It is a fact. Corporations are individuals in the eyes of the law. People associated with said corporations don't declare bankruptcy.

[marl1220]

Originally Posted by hostilecarrot

In July 1991, Trump’s Taj Mahal filed for bankruptcy.
In 1992, two of Trump's Casinos in Atlantic City and his Plaza Hotel in New York filed for bankruptcy.
In 2004, Trump Hotels and Casinos Resorts filed for bankruptcy, after accruing about $1.8 billion in debt.
In 2009, Trump Entertainment Resorts declared bankruptcy.

To be more specific, Trump owned companies that have filed for bankruptcy.

[zachtruitt]

Trump ran numerous companies bearing his name into the ground, including casinos (a business that doesn't exactly struggle). His ineptness and dislike for paying his debts caused massive pain for his creditors and continues to brag about this being examples of good business acumen. His charity was dissolved for not doing charitable work and funneling money into his own pockets. Is that better?

[marl1220]

Originally Posted by coachnip13

Why would that be a "claim" in quotes? It is a fact. Corporations are individuals in the eyes of the law. People associated with said corporations don't declare bankruptcy.

By the letter of the law he has never filed for bankruptcy as an individual. Very true. Business wise is a different story.

[coachnip13]

Originally Posted by zachtruitt

Trump ran numerous companies bearing his name into the ground, including casinos (a business that doesn't exactly struggle). His ineptness and dislike for paying his debts caused massive pain for his creditors and continues to brag about this being examples of good business acumen. His charity was dissolved for not doing charitable work and funneling money into his own pockets. Is that better?

Slanted, but at least you didn't screw up any Business School Day 1 topics this time.

At least he knew that Wisconsin's votes counted in the Electoral College.

[coachnip13]

Originally Posted by marl1220

By the letter of the law he has never filed for bankruptcy as an individual. Very true. Business wise is a different story.

Cool. So when I asked "when did Donald Trump ever declare bankruptcy", the answer should have been a simple "never".

[hostilecarrot]

Originally Posted by coachnip13

Why would that be a "claim" in quotes? It is a fact. Corporations are individuals in the eyes of the law. People associated with said corporations don't declare bankruptcy.

The corporate veil is a legal fiction designed by, and fabricated for, the rich to protect their assets. It is ignorant to pretend otherwise.

Regardless, Donald Trump does not even agree with you.

“I have used the laws of this country — just like the greatest people that you read about every day in business have used the laws of this country, the chapter laws, to do a great job for my company, for myself, for my employees, for my family, et cetera,” he said. “Virtually every person that you read about on the front page of the business sections, they’ve used the law.”

[coachnip13]

Originally Posted by hostilecarrot

The corporate veil is a legal fiction designed by, and fabricated for, the rich to protect their assets. It is ignorant to pretend otherwise.

So you think Apple has an "owner" who is just being protected by the legal fiction known as a corporation?

[coachnip13]

Originally Posted by hostilecarrot

Regardless, Donald Trump does not even agree with you.

He does not say that he declared bankruptcy, considering that he never has.

[marl1220]

Originally Posted by hostilecarrot

The corporate veil is a legal fiction designed by, and fabricated for, the rich to protect their assets. It is ignorant to pretend otherwise.

Regardless, Donald Trump does not even agree with you.

“I have used the laws of this country — just like the greatest people that you read about every day in business have used the laws of this country, the chapter laws, to do a great job for my company, for myself, for my employees, for my family, et cetera,” he said. “Virtually every person that you read about on the front page of the business sections, they’ve used the law.”

It's a matter of how the question was worded. Did Trump ever file for bankruptcy? No. Have Trump owned companies ever filed for bankruptcy? Yes. It might seem like semantics to some, but they are 2 completely different questions.

[hostilecarrot]

Originally Posted by coachnip13

So you think Apple has an "owner" who is just being protected by the legal fiction known as a corporation?

I think it is interesting you decided to double down on an argument when the person you are arguing on behalf of does not agree with you.

[coachnip13]

Originally Posted by hostilecarrot

The corporate veil is a legal fiction designed by, and fabricated for, the rich to protect their assets. It is ignorant to pretend otherwise.

FYI, even small businesses often incorporate so that the personal assets of the owner can be protected.

If I knew I was lecturing today I would have set up a Zoom session.

[NeedChapmans]

Originally Posted by zachtruitt

Trump ran numerous companies bearing his name into the ground, including casinos (a business that doesn't exactly struggle). His ineptness and dislike for paying his debts caused massive pain for his creditors and continues to brag about this being examples of good business acumen. His charity was dissolved for not doing charitable work and funneling money into his own pockets. Is that better?

Wait until you hear how many Warren Buffet owned businesses have declared bankruptcy; it's gonna blow your socks off!

[coachnip13]

Originally Posted by hostilecarrot

I think it is interesting you decided to double down on an argument when the person you are arguing on behalf of does not agree with you.

I'm just having fun with you since you cats don't understand basic business concepts.

Tell me more about how corporations are made up just to protect the rich.

[coachnip13]

Originally Posted by hostilecarrot

I think it is interesting you decided to double down on an argument when the person you are arguing on behalf of does not agree with you.

So no answer? Which rich owner is being protected by Apple's corporate designation?

[zachtruitt]

Originally Posted by NeedChapmans

Wait until you hear how many Warren Buffet owned businesses have declared bankruptcy; it's gonna blow your socks off!

Is he the President of the United States? It's gonna blow your socks off when you find out about whataboutism!

[discostu]

Originally Posted by marl1220

Do you feel the same way about all the conspiracy theories surrounding Trump?

Like the theory that he has a tiny penis? Major daddy issues? Or other conspiracy theories?

Do I think Trump colluded with Russia? No.

Do I think Trump owes at least one foreign entity money? Yes.

Do I think Trump has grossly inflated his worth for decades? Yes.

Do I think Q is Trump? No. He doesn't have that vivid of an imagination.

Do I think Trump avoided Vietnam with a phony diagnosis of bone spurs? Yes, like thousands of others.

Not sure what other ones there are, but I'll certainly give you my thoughts if you care to share them.

[preakness]

Originally Posted by coachnip13

Cool. So when I asked "when did Donald Trump ever declare bankruptcy", the answer should have been a simple "never".

Technicalities lol

So does that mean he also hasn't earned any money over the years? That his businesses did but he didn't?

Such a loser for taking those bankruptcies and trying to spin it as if he's a wise guy econ specialist who found loophole of not being burned by the failures