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Is Trump's election bad for Trump's businesses?
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 (November 13, 2016 at 6:11 am)abaris Wrote:(November 12, 2016 at 11:50 pm)BrianSoddingBoru4 Wrote: Too right. I'm still puzzled at how an unethical billionaire with poorly disguised contempt for the working class could successfully portray himself as the hero of the downtrodden and the oppressed. He's probably a lot, lot richer as well.  (November 13, 2016 at 8:44 am)Pandæmonium Wrote: He's probably a lot, lot richer as well. According to highest estimates he makes even look Bill Gates like a midget. ![[Image: Bumper+Sticker+-+Asheville+-+Praise+Dog3.JPG]](https://images.weserv.nl/?url=1.bp.blogspot.com%2F-d-3rfdI7nG0%2FTerwtFyFXoI%2FAAAAAAAACak%2F7kFSmHeVrng%2Fs320%2FBumper%2BSticker%2B-%2BAsheville%2B-%2BPraise%2BDog3.JPG)
(November 13, 2016 at 8:53 am)abaris Wrote:(November 13, 2016 at 8:44 am)Pandæmonium Wrote: He's probably a lot, lot richer as well. I remember watching an investigative report about Sochi and how Putin effectively hired an entire entourage from his cronies list and received (probably) hundreds of millions of dollars in kick backs as a result (though of course nobody knows how much for sure). He has shell companies operating throughout all levels of the Russian state and military. And he has approval ratings nearing 90%. If Trump wants a lesson on how you get your populace to turn a blind eye to even the most blatant and flagrant corruption and nepotism, no wonder he wants to be a fan of Putin and the oligarchs. (November 13, 2016 at 10:12 am)Pandæmonium Wrote: And he has approval ratings nearing 90%. If Trump wants a lesson on how you get your populace to turn a blind eye to even the most blatant and flagrant corruption and nepotism, no wonder he wants to be a fan of Putin and the oligarchs. I'm sure, Putin's eager to share with a brother in spirit.
 (November 13, 2016 at 6:03 am)Rhythm Wrote: You mean the "blind trust" his kids are running, those kids being the same people he plans to put on as executives of his presidential transition team...where they will help decide who gets instrumental regulatory positions in the new administration? Well, he thinks that a blind trust means telling Junior to run the company until he gets back from being President so... yeah.
"Well, evolution is a theory. It is also a fact. And facts and theories are different things, not rungs in a hierarchy of increasing certainty. Facts are the world's data. Theories are structures of ideas that explain and interpret facts. Facts don't go away when scientists debate rival theories to explain them. Einstein's theory of gravitation replaced Newton's in this century, but apples didn't suspend themselves in midair, pending the outcome. And humans evolved from ape- like ancestors whether they did so by Darwin's proposed mechanism or by some other yet to be discovered."
-Stephen Jay Gould (November 13, 2016 at 10:19 am)Tonus Wrote: Well, he thinks that a blind trust means telling Junior to run the company until he gets back from being President so... yeah. You think he may go bankrupt? Well that certainly would be a first, wouldn't it? I mean, there are people voting for him because he's such an impressive businessman.
 (November 13, 2016 at 12:24 am)Fireball Wrote: When his investments are actually placed into a blind trust as required, it'll be amusing (in a sick way) when he leaves office and those investments have earned money, as opposed to losing money. It isn’t required, it has been a tradition, and we know how much Trump follows traditions...like releasing his tax returns and such. 
"Ocean: A body of water occupying about two-thirds of a world made for man - who has no gills.” ~ Ambrose Bierce
“I am quite sure now that often, very often, in matters concerning religion and politics a man's reasoning powers are not above the monkey's." - Mark Twain in Eruption (November 13, 2016 at 10:25 am)abaris Wrote: You think he may go bankrupt? No, I mean he doesn't understand the term or its implications. Trump and his sons literally did not (and possibly still don't) understand the concept of a blind trust and why it was brought up in regards to his possibly becoming the President. It would not surprise me if they decide not to, and it would not surprise me if it's discovered at some point that he made deals that benefitted his companies while he was President, because he doesn't seem to have that kind of a filter in his mind or conscience. As an aside, I am not bothered by his many business failures. People who achieve success often have a lot of failures, even after they've had their biggest successes. You don't always become successful because you're brilliant and have perfect timing. Most people become successful because they brush off those failures and try again. Trump's most useful characteristics for business success will probably serve him well as President. It's those characteristics that hurt him in business that will likely do the same in his political career.
"Well, evolution is a theory. It is also a fact. And facts and theories are different things, not rungs in a hierarchy of increasing certainty. Facts are the world's data. Theories are structures of ideas that explain and interpret facts. Facts don't go away when scientists debate rival theories to explain them. Einstein's theory of gravitation replaced Newton's in this century, but apples didn't suspend themselves in midair, pending the outcome. And humans evolved from ape- like ancestors whether they did so by Darwin's proposed mechanism or by some other yet to be discovered."
-Stephen Jay Gould 
As to the OP's question--whether Trump's Presidency will be bad for his businesses, the answer is Hell No.
Anyone remember Dick Cheney? Trump's enterprises will be worth manifold what they are now by the time he's done. Cronyism, corruption, favoritism; all will be used to benefit his private enterprises. We should just be grateful that we can't attack a Middle Eastern nation with golf courses and glitzy hotels or by June of 2017 we'd see a links-style course backed up with a building bearing his name in gold rolling towards Teheran. |
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