RE: Article about Trump's Business History (Full Version)

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Termyn8or -> RE: Article about Trump's Business History (8/7/2016 7:20:55 AM)

FR, so the reply is not necessarily to the right person :

http://www.cnn.com/2015/06/11/politics/lemonade-stand-shut-down-texas/

Now don't give me that Texas is not liberal, it is. All of the US is and the world. Well maybe not Israel and Saudi Arabia.

They want a $150 fee for kids to open a lemonade stand. This is not conservative, so what is it ?

T^T



DominantWrestler -> RE: Article about Trump's Business History (8/7/2016 7:30:33 AM)


quote:

ORIGINAL: Termyn8or

FR, so the reply is not necessarily to the right person :

http://www.cnn.com/2015/06/11/politics/lemonade-stand-shut-down-texas/

Now don't give me that Texas is not liberal, it is. All of the US is and the world. Well maybe not Israel and Saudi Arabia.

They want a $150 fee for kids to open a lemonade stand. This is not conservative, so what is it ?

T^T


It's neoconservative, and the switch from traditional republican values (which were liberal and federalist in origin) to neoconservative will be the downfall of the party. What would Lincoln think of Trump's campaign?



Termyn8or -> RE: Article about Trump's Business History (8/7/2016 7:36:32 AM)

I call them neo-cons. That means neo confidence Men, like grifters.

If Lincoln was alive today he would probably shoot himself.

T^T



WickedsDesire -> RE: Article about Trump's Business History (8/7/2016 7:41:53 AM)

i thought that malarkey was for the blacks op budget and also when they employ family and friends and companies they are linked to - have a vested interest - infact there was a story the other week about our glorious NHS and we still have Quangos we call them dictating policy ideals whislt their snouts feast from the trough.....not entirely sure what this has to do with OPs thread.

In essence Mr Turnip cited his marvellous business record, impeccable credentials (yes this is true sophistry- you can call it house of cars house of lies etc) and how he could fix america and make it great again on the foundation of garbage, lies and deceit.






Lucylastic -> RE: Article about Trump's Business History (8/7/2016 7:55:48 AM)

quangos should have been exterminated in the 80s before they got rabid and over ran the NHS
Fuckers



Greta75 -> RE: Article about Trump's Business History (8/7/2016 7:58:24 AM)

quote:

ORIGINAL: WickedsDesire
In essence Mr Turnip cited his marvellous business record, impeccable credentials (yes this is true sophistry- you can call it house of cars house of lies etc) and how he could fix america and make it great again on the foundation of garbage, lies and deceit.

The thing is, every business has failures, every billionaires has failures. The fact that he is still a billionaire is the main point.
I am sure if somebody bother pointing out all the good decisions he made, it would rival the business failures or exceed them.

What we are having are articles that, are only interested in digging and listing up his every failures. Without balancing with every good decisions he made for his businesses. Those billions must have came from good decisions. He certainly did not inherit that much from his dad.

And I've known too many rich kids squander away their inheritance, instead of growing it. To me, it's admirable how hardworking Trump is, despite being born with every luxury. He could have easily take them for granted and squander everything away.



WickedsDesire -> RE: Article about Trump's Business History (8/7/2016 8:21:39 AM)

great75 ive never really looked into his worth - not something I am qualified to answer. I just dont know. I could but the havering gibbon is not worth my time.

let me see if I can find out whats hes worth apparently 4.5 billion USD 2016

There is actually one thing I do like about him,...roughly he spent $60 million, Hillary $260 million....



WhoreMods -> RE: Article about Trump's Business History (8/7/2016 8:25:11 AM)

His worth is highly ambiguous at this point. It's been suggested that his refusal to reveal his tax details might be down to him not being worth anything like as much as he's spent his campaign claiming, hasn't it?



Lucylastic -> RE: Article about Trump's Business History (8/7/2016 8:39:46 AM)

I read a figure the other day that his worth was about 800 million not even 1 billion.
But LOL until he releases his taxes its speculation.
Daddy gave him a million and entry into the world.

I loved to see Trump Taj go down
Icahn is one of his besties and both of them have fucked over the staff.

he says he has "created" all th ese jobs....how many have lost their jobs from "cutting costs" to line their (carotene cock womble and Icahnt)
Icahn, is blaming the shitdown on his workers...
DOnt even talk to me about their contracting out jobs from america



WickedsDesire -> RE: Article about Trump's Business History (8/7/2016 8:50:17 AM)

I believe so to whoremods My loins tingle at the prospect his tax return - and you will know that dude who took over Rangers....a Billionaire with no cash.



Greta75 -> RE: Article about Trump's Business History (8/7/2016 9:01:58 AM)


quote:

ORIGINAL: WickedsDesire

I believe so to whoremods My loins tingle at the prospect his tax return - and you will know that dude who took over Rangers....a Billionaire with no cash.

Oh well, Wiki Leaks is hacking his tax returns, trying to leak it. Just wait.



tweakabelle -> RE: Article about Trump's Business History (8/7/2016 9:11:49 AM)

If Trump can't run a casino successfully what can he run? Casinos are a unique business where profit is a function of turnover, not the owner's ingenuity or skills, or the hard work of the staff. The odds are stacked in favour of the house, and unless the casino is being scammed or defrauded, it must make a profit. The higher the turnover the higher the profit. It's all mathematically defined. A well run casino is loss proofed.

So if someone can't run a casino at a profit, then serious questions ought to be asked about their business acumen. It's seems that Trump's flagship(?) casino the Taj is bankrupt. This gives rise to serious doubts about Trump's business skills. Of course it is the latest in a long list of bankruptcies involving Trump. So it seems his business skills, the basis of his appeal to voters, are grossly exaggerated or possibly yet another product of Trump's very fertile imagination.

This should be no surprise to anyone. After all Trump is a pathological liar, so nothing he says is particularly credible unless confirmed by multiple independent sources.



WhoreMods -> RE: Article about Trump's Business History (8/7/2016 9:14:05 AM)

True, but that's seemingly a non-issue because he can't be blamed for Beghazi.



Termyn8or -> RE: Article about Trump's Business History (8/7/2016 6:22:48 PM)

Well the government can't run a whorehouse, that's been proven.

And tax returns have nothing to do with ones net worth.

T^T



ThatDizzyChick -> RE: Article about Trump's Business History (8/7/2016 9:05:18 PM)

quote:

Oh well, Wiki Leaks is hacking his tax returns, trying to leak it. Just wait.

WikiLeaks does not hck anything, Assange was joking, he was on a comedy talk show with a comedian.



Greta75 -> RE: Article about Trump's Business History (8/7/2016 11:48:34 PM)

quote:

ORIGINAL: tweakabelle

If Trump can't run a casino successfully what can he run?A well run casino is loss proofed.

That's absolutely not true. Number 1, gambling is a vice. Many people will avoid gambling like plague. As more casinos are appearing around the world competing with each other, the crowd for a casino industry is getting thinner and thinner.

https://www.washingtonpost.com/blogs/govbeat/wp/2014/08/28/many-nevada-casinos-are-struggling-but-the-las-vegas-strip-keeps-ringing/

http://money.cnn.com/2015/02/02/investing/las-vegas-casinos-struggle-in-macau/

The majority of the business for these "Las Vegas" companies now comes from Macau, the only city in China where gambling is legal.

Consider the Las Vegas Sands. Its famous Vegas properties such as the Venetian and the Palazzo now make up a mere 10% of its sales, according to the company's latest earnings report. It's a similar story for Wynn. Its Vegas operations drive less than a third of the company's entire business.

Even MGM Resorts, owner of the Bellagio, MGM Grand and Mandalay Bay, is China focused. Its Macau business now takes in more cash than those three Vegas casinos combined.

Investor are losing: Although Las Vegas Sands' reported record profits on Wednesday, its stock is down 30% over the past year. Sands reported a double-digit drop in revenues in its Chinese branch. The boost in overall profits came from cost-cutting measures.

Wynn (WYNN) will report its latest results Tuesday, and it's not expected to be a good story. The stock is down 26% in the past year. Wynn's casinos in Macau make twice as much in revenue as its Las Vegas ones. That's why it's very bad news for investors that Wynn's Macau branch is projected to report a 25% sales drop for the fourth quarter, according to analysts estimates.


Casino Business is very reliant on international tourist gamblers. Local people if they aren't gambling addicts, will not frequent their local casinos so they are seldom reliant on their local market. But world wide gamblers, has world wide choices.

It's not a sure win business for sure.



tweakabelle -> RE: Article about Trump's Business History (8/8/2016 1:37:52 AM)

quote:

ORIGINAL: Greta75

quote:

ORIGINAL: tweakabelle

If Trump can't run a casino successfully what can he run?A well run casino is loss proofed.

That's absolutely not true. Number 1, gambling is a vice. Many people will avoid gambling like plague. As more casinos are appearing around the world competing with each other, the crowd for a casino industry is getting thinner and thinner.

Casino Business is very reliant on international tourist gamblers. Local people if they aren't gambling addicts, will not frequent their local casinos so they are seldom reliant on their local market. But world wide gamblers, has world wide choices.

It's not a sure win business for sure.

Sorry Greta, but it would appear that we are forced to add the casino business to the already lengthy list of things that you seem to know little or nothing about.

Casinos are guaranteed to win irrespective of how individual gamblers fare. Their margin is purely a function of this formula: profit = turnover - costs. As long as enough money is wagered, the casino cannot lose. To do so would be contrary to the Laws of Probability, which is nigh impossible.

If a casino is losing money it can only be for one (or a mix) of these reasons: (i) it's being scammed or defrauded; (ii) there is too much competition in a limited marketplace; or (iii) it's being managed in an incompetent manner or by incompetent people. Casinos are recession proofed ie they tend to do better when the rest of the economy is depressed.

So if a long established casino is losing money the most likely explanation is incompetent management.

Adding this bankruptcy (the Trump Taj in Atlantic City) to the already long line of bankruptcies on Trump's CV and the unavoidable conclusion is that Trump is a lousy businessman.

Sorry Greta there are no other credible or plausible explanations available. Trump is a chump at business. His biggest boast - that he is a phenomenally successful businessman - turns out to be as hollow false and fraudulent as all the others.

No one is even sure if he is the billionaire he boasts he is. Given that Trump is a pathological liar, unless this claim is independently and credibly confirmed, it ought to be treated with the same disdain as any of Trump's other boasts ie assumed to be false until proved otherwise.



thishereboi -> RE: Article about Trump's Business History (8/8/2016 3:18:32 AM)


quote:

ORIGINAL: tweakabelle

quote:

ORIGINAL: Greta75

quote:

ORIGINAL: tweakabelle

If Trump can't run a casino successfully what can he run?A well run casino is loss proofed.

That's absolutely not true. Number 1, gambling is a vice. Many people will avoid gambling like plague. As more casinos are appearing around the world competing with each other, the crowd for a casino industry is getting thinner and thinner.

Casino Business is very reliant on international tourist gamblers. Local people if they aren't gambling addicts, will not frequent their local casinos so they are seldom reliant on their local market. But world wide gamblers, has world wide choices.

It's not a sure win business for sure.

Sorry Greta, but it would appear that we are forced to add the casino business to the already lengthy list of things that you seem to know little or nothing about.

This statement would be more believable if you actually pointed out what she was wrong about instead of spewing a bunch of irrelevant bullshit below.

Casinos are guaranteed to win irrespective of how individual gamblers fare. Their margin is purely a function of this formula: profit = turnover - costs. As long as enough money is wagered, the casino cannot lose. To do so would be contrary to the Laws of Probability, which is nigh impossible.
she never said they weren't.
If a casino is losing money it can only be for one (or a mix) of these reasons: (i) it's being scammed or defrauded; (ii) there is too much competition in a limited marketplace; or (iii) it's being managed in an incompetent manner or by incompetent people. Casinos are recession proofed ie they tend to do better when the rest of the economy is depressed.
she never said they weren't.
So if a long established casino is losing money the most likely explanation is incompetent management.
DUH, the same could be said of any business
Adding this bankruptcy (the Trump Taj in Atlantic City) to the already long line of bankruptcies on Trump's CV and the unavoidable conclusion is that Trump is a lousy businessman.
yet he is worth millions, perhaps even billions, something the liberals who make this claim can't seem to explain.
Sorry Greta there are no other credible or plausible explanations available. Trump is a chump at business. His biggest boast - that he is a phenomenally successful businessman - turns out to be as hollow false and fraudulent as all the others.
yet he is worth millions, perhaps even billions, something the liberals who make this claim can't seem to explain.
No one is even sure if he is the billionaire he boasts he is. Given that Trump is a pathological liar, unless this claim is independently and credibly confirmed, it ought to be treated with the same disdain as any of Trump's other boasts ie assumed to be false until proved otherwise.
He is no more a liar than his but buddy hill and you don't seem to have a problem with her, I wonder why that is?




WhoreMods -> RE: Article about Trump's Business History (8/8/2016 3:53:52 AM)


quote:

ORIGINAL: Termyn8or

Well the government can't run a whorehouse, that's been proven.

And tax returns have nothing to do with ones net worth.

T^T

The German government could: read House of Dolls sometime.



Lucylastic -> RE: Article about Trump's Business History (8/8/2016 5:15:14 AM)

https://www.youtube.com/watch?v=TKVwst1RGHw&list=PL9678543A7A0E2C0E&index=13



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