Donald Trump for President Thread

chicoazul · September 17, 2015

Just caught the end of the debate. I'd be surprised if Trump's momentum isn't halted by further debated as he's out of his zone in live debates against some canny politicians.

Of course it's Republican America so anything can happen of course.

chicoazul · September 17, 2015

In fairness though the Republican debates will piss over all the Democratic ones.

There's some strong characters in the Republican debate. Dr Carson is the candidate I like best.

ilikecheese · September 17, 2015

@TX Bill you gun carrying, border closing Reagan worshipper. xx

I hope and pray Trump wins the nomination...America is dumb...but I hope it ain't that stupid.

Fuleco · September 17, 2015

chicoazul said:
Just caught the end of the debate. I'd be surprised if Trump's momentum isn't halted by further debated as he's out of his zone in live debates against some canny politicians.

Of course it's Republican America so anything can happen of course.

Trump is an embarrassment but his supporters don't seem to care.

sportbillyblue · September 17, 2015

Fuleco said:
Trump is an embarrassment but his supporters don't seem to care.

I wonder why that is.

He's obviously an astute businessman, he must be very familiar with the media, public appearances / speaking etc. and hadn't made a complete muff of himself until he started running as a Republican candidate.

degsy · September 17, 2015

longers said:
So somehow this guy is a frontrunner...

His speeches are so bad its hilarious, they are just all over the place and a complete train wreck and yet middle america seems to think he's awesome.

Imagine foreign relations with him in charge, frightening.

and he's still a front runner, my pick is he'll go with Jeb for VP

degsy · September 17, 2015

Fresh Prince of Belle Val said:
Wow, that's unbelievable. I'd love to see a British Prime minister version.

not likely; but on the royal front dozens of Victoria relatives got 'jobs' in other counties

TheFinnFan · September 17, 2015

He's brilliant

Mrk · September 17, 2015

American politics is comical.

wm02 · September 17, 2015

Have a feeling that Rubio will be the nominee

SpurtingLesbian · September 17, 2015

The Equaliser · September 17, 2015

Hilary will pipe them all down.

Snowball · September 17, 2015

sportbillyblue said:
He's obviously an astute businessman.

In 1991, Trump's Taj Mahal located in Atlantic City was in debt for billions of dollars. As a result, Trump's corporation filed for Chapter 11 bankruptcy. The Bankruptcy court allowed Trump to reorganize his corporate debts and allowed the casino to keep operating. Trump did surrender half of his ownership interests in the Taj Mahal. He chose to sell his yacht and airplane to help make loan payments.

In 1992, Trump filed for Chapter 11 bankruptcy on his Trump Plaza Hotel in Atlantic City. At this time, Trump owed $550 million on the Trump Plaza Hotel. As part of the restructuring, Trump gave Citibank a 49% interest in the hotel. He was given a lenient repayment plan. Trump was able to stay on as CEO but he had to give up his salary.

Trump Hotels and Casino Resorts filed for bankruptcy in 2004. The corporation had $1.8 billion dollars of debt. Trump reduced his share in the company to 25% thereby surrendering his control of the corporation. The corporation received lower interest rates and another loan to upgrade the properties.

In 2009, Trump Entertainment Resorts filed bankruptcy after missing a large bond interest payment. Trump was not able to agree with his board of directors on a repayment plan so he resigned as chairman of the board and retained only a 10% ownership interest in the corporation.

http://thelawdictionary.org/article/how-is-donald-trump-able-to-file-for-bankruptcy-so-many-times/