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Trump doesn't own most of the 'Trump' products he bragged about this week

American said:
Taking up for him is totally different than sending him money or voting for him which I've done neither. I actually voted for Paul in the primary, so is there anything else foolish you'd like to say?
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Where do you think Ron Paulites are going ?
 
NIMBY said:
Where do you think Ron Paulites are going ?
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I don't know. I think they may support Cruz right now. You won't really now till the election is over.
 
American said:
I think my point is made regardless, and those that want to detract from Trump, need to find something far more substantive. .
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Yeah fraud just isn't enough. Fail.
 
American said:
I don't know. I think they may support Cruz right now. You won't really now till the election is over.
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Cruz has narrowed the gap to 32-22 with Trump here in IL.
Rubio is at 21 and Kasich is at 18--I expect Rubio to drop more and go to Cruz.
Clinton is up to 67-25 though DEMs don't vote like GOPs, as we've seen in EVERY primary/caucus so far.

We're open and I'm torn on which ballot to pull.
The down-ballot races in the GOP are very interesting .
 
Grand Mal said:
It baffles me. You'd make so much moolah off the gaming you'd have to be pouring it down a hole out back to lose money. Unless there's some convoluted business reason involving other properties or taxes or blind partners named Guido or something.
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The casino overhead is just freaking outrageous. I mean like seriously outrageous. Even all the bucks the people lose in the slots doesn't come close to covering it. Between personnel, overhead and insurance, yikes. And Atlantic City is struggling in most places except the marina area. The Boardwalk....yeesh.
 
Sherman123 said:
Wouldn't that make it more impressive? His success and brandname are so well known that he can sell his name thereby boosting his reputation and market presence which simultaneously yields him a significant (if not massive) profit.

I don't like Trump or plan on voting for him but this seems rather desperate and unpersuasive.
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So, you're okay with a man passing off products as items he owns or come from companies he owns when he neither owns them or produces them? You're okay with his "job creator" claims boiling down to nothing more than a run-of-the-mill wholesale distributor, merchandiser or marketer?

That doesn't say a whole lot for a man who claims to what to "make America great again".
 
notquiteright said:
Well I'm sure you love your grandpa and wisdom is relative. Course ya have to factor in how many people you know and divide by your education level... ;)

I had a PSG who ran our platoon- 1st plt. didn't have an officer by tradition- he couldn't read or write much, when the Company Commander found out my PSG left the Plt. I'd follow him to the lower hinges of Hell, but pretty sure he wouldn't do well in other occupations.

There are many wise people in this Country, just sad how few run for office- (I'd say that is a good indicator of their wisdom)
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Why would anyone in their right mind want to do public service with as balled up as the political system is and considering how we abuse those who want to serve? This has been the case for a long time. remember back in the 90's Bill CLinton trying to promote public service because we needed more smart guys like him in the system? Yes we did, the situation is even worse now.

I want a person like Robert Gates wants for President. We dont have anyone close to that quality asking for the job so we have to make the best of what is offered.
 
Objective Voice said:
So, you're okay with a man passing off products as items he owns or come from companies he owns when he neither owns them or produces them? You're okay with his "job creator" claims boiling down to nothing more than a run-of-the-mill wholesale distributor, merchandiser or marketer?

That doesn't say a whole lot for a man who claims to what to "make America great again".
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Merchandising his name is hardly all that he does, it's one (very successful) wing of his business which obviously includes real estate development. Why would I have a problem with someone making money off of their brand (his name) in the free market?

Again I'm not voting for Trump (or Cruz) but this is a very unpersuasive tact.
 
Sherman123 said:
Merchandising his name is hardly all that he does, it's one (very successful) wing of his business which obviously includes real estate development. Why would I have a problem with someone making money off of their brand (his name) in the free market?

Again I'm not voting for Trump (or Cruz) but this is a very unpersuasive tact.
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I'd don't think I've tried to persuade you to do anything. I just happened to come across the OP article, dung into it a little and thought I'd share what I found. But you're right in one respect: Donald Trump does have one thing truly going for him - name recognition. Licensing his name seems to be his biggest cash cow.

Donald Trump Net Worth | Donald Trump Real Estate

The problem I have with this is he's passing off items as things he really owns as if they come from a company he owns where the product is produced or the service rendered and that doesn't appear to be the truth. He calls his political rivals liars...well, where's the honesty concerning the products he peddles? Does he truly own them or has he streeeeeeetched the truth?
 
Grand Mal said:
And how do you manage a casino into bankruptcy? The math guarantees the house wins. That takes an exceptional businessman.
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That is a nice quip, but casino's go bankrupt very easily.

It's actually a reasonably thin margin business and has full hotel operations. The casinos are extremely expensive to build ($100M to $1B), so those costs must be paid in construction and then recovered over the useful life of the property. Of course, in Trump style, most of his properties are financed by banks and aggressive tax abatements (corporate welfare). When the business doesn't work out, they declare bankruptcy, the bank gets the property back and the unsecured creditors (usually the little guys) get screwed.

https://en.wikipedia.org/wiki/Trump_Entertainment_Resorts
The Backstory on Donald Trump's Four Bankruptcies - TheStreet
 
upsideguy said:
That is a nice quip, but casino's go bankrupt very easily.

It's actually a reasonably thin margin business and has full hotel operations. The casinos are extremely expensive to build ($100M to $1B), so those costs must be paid in construction and then recovered over the useful life of the property. Of course, in Trump style, most of his properties are financed by banks and aggressive tax abatements (corporate welfare). When the business doesn't work out, they declare bankruptcy, the bank gets the property back and the unsecured creditors (usually the little guys) get screwed.

https://en.wikipedia.org/wiki/Trump_Entertainment_Resorts
The Backstory on Donald Trump's Four Bankruptcies - TheStreet
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Well, I'm no businessman so maybe I'm being too simplistic but too me, if you can run a successful hotel (not an impossible or even over difficult proposition), a casino floor should be all bonus. I mean, a gang of uneducated thugs and gangsters did it for years, right?
And maybe Trump is no businessman either. He's a very successful investor, no question, made a fortune in Manhattan real estate, but it's not the same thing
 
Grand Mal said:
Well, I'm no businessman so maybe I'm being too simplistic but too me, if you can run a successful hotel (not an impossible or even over difficult proposition), a casino floor should be all bonus. I mean, a gang of uneducated thugs and gangsters did it for years, right?
And maybe Trump is no businessman either. He's a very successful investor, no question, made a fortune in Manhattan real estate, but it's not the same thing
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Atlantic city is a bust because the politicians ****ed it up, it had nothing to do with Trump or the other casino owners. They used casino profits to finance all their pet projects but no one was taking care of Atlantic City, you ended up with these grand casinos in squalor, which does not work. The city had to offer more, and they never did, so when gaming became available closer to where people lived they stop coming. Trump says that he made money and I believe him. He also says that he got out at the right time and that is certainly close to true, though he probably should have gotten out a bit earlier.
 
Grand Mal said:
Well, I'm no businessman so maybe I'm being too simplistic but too me, if you can run a successful hotel (not an impossible or even over difficult proposition), a casino floor should be all bonus. I mean, a gang of uneducated thugs and gangsters did it for years, right?
And maybe Trump is no businessman either. He's a very successful investor, no question, made a fortune in Manhattan real estate, but it's not the same thing
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The real estate "game" is a game of playing with other people's money. Much like buying a house, you put 10% down on a $200,000 house, so you have $40K into a property. The property appreciates by 20% (goes to $240K), your equity goes from $40K to 80K; a 100% return on your equity. Conversely, if it goes down 20%, you lose all of your equity (except you are still in the game)... it goes down too much, you give it back to the bank and walk away (the bank comes after you for the difference, if you can not settle, you bankrupt the entity that held the property)...

Real estate developers are highly leveraged. Most successful real estate developers have a bankruptcy or two in their careers.... but they bankrupt entities, rarely do they have to go personally bankrupt.

Almost all of the major casinos in Atlantic City failed...
 
upsideguy said:
The real estate "game" is a game of playing with other people's money. Much like buying a house, you put 10% down on a $200,000 house, so you have $40K into a property. The property appreciates by 20% (goes to $240K), your equity goes from $40K to 80K; a 100% return on your equity. Conversely, if it goes down 20%, you lose all of your equity (except you are still in the game)... it goes down too much, you give it back to the bank and walk away (the bank comes after you for the difference, if you can not settle, you bankrupt the entity that held the property)...

Real estate developers are highly leveraged. Most successful real estate developers have a bankruptcy or two in their careers.... but they bankrupt entities, rarely do they have to go personally bankrupt.
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That's what I mean (kind of). People who point at Trump saying he's a highly successful businessman and his experience could translate into good government are deceiving themselves about how he actually got rich. It wasn't by running a business and producing something useful.
 
Grand Mal said:
That's what I mean (kind of). People who point at Trump saying he's a highly successful businessman and his experience could translate into good government are deceiving themselves about how he actually got rich. It wasn't by running a business and producing something useful.
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Bull****. He has run a lot of businesses, and he has produced a lot of useful products and services, that is why people keep handing him money.
 
Hawkeye10 said:
Bull****. He has run a lot of businesses, and he has produced a lot of useful products and services, that is why people keep handing him money.
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Oh here you are. I was wondering.
Better fellate than never, huh?
 
Grand Mal said:
Oh here you are. I was wondering.
Better fellate than never, huh?
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If you think insults will shut me up you have misjudged me. Your best chance is to consistently beat me in debate, if you can.
 
Grand Mal said:
Well, I'm no businessman so maybe I'm being too simplistic but too me, if you can run a successful hotel (not an impossible or even over difficult proposition), a casino floor should be all bonus. I mean, a gang of uneducated thugs and gangsters did it for years, right?
And maybe Trump is no businessman either. He's a very successful investor, no question, made a fortune in Manhattan real estate, but it's not the same thing
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In big money operations bankruptcy is a way of screwing your debtors while keeping control of the company.

If Trump is bragging on his business experience, then every little deal needs to be examined to see how he cheated
 
American said:
Taking up for him is totally different than sending him money or voting for him which I've done neither.
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I never said you sent him money or voted for him. All I know about you is what you've said in this thread. Saying something like the following will definitely make one think "Trump Supporter":

I think my point is made regardless, and those that want to detract from Trump, need to find something far more substantive. Haters gonna hate no matter what. If you love establishment, you'll hate Trump. Trump stands completely alone in the campaign with the Democratic and Republican Parties working together to sink his campaign. Quite telling I must say. -American


I actually voted for Paul in the primary,
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Fair enough. I like Paul myself, especially since he can actually carry a substantive debate unlike most of the other GOP clowns.


so is there anything else foolish you'd like to say?
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I seem to have hit a nerve. :shrug:
 
Grand Mal said:
That's what I mean (kind of). People who point at Trump saying he's a highly successful businessman and his experience could translate into good government are deceiving themselves about how he actually got rich. It wasn't by running a business and producing something useful.
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He was very successful if you measure success by your financial net worth. If you measure it by building a sustainable business, I would say he is less successful. The man is one helluva a promoter; but his true business acumen is probably nothing special.

There are plenty of people who have made a lot of money that are suspect business people (Carly Fiornia, for one)
 
BLA. BLA. BLA
WE ARE TRUMPSTERS SO GIVE UP. We don't care if he owns steaks,magazines,planes.

Listen closely. We are tired of being lied to by establishment politicians ,so it will be ok to be lied to by a non politician.
 
Objective Voice said:
It may be that some of what Mitt Romney said about Donald Trump was right after all. He may not be the business man he makes himself out to be. I found this article on MSN.com which claims that Donald Trump doesn't own most of the products he bragged about recently. The MSN.com article links to various sources for the products Trump lamented, such, as Trump Wine and Trump steaks. When I reviewed the Trump Wine website, specifically, the Terms and Conditions page, I found this little gem at the very bottom:



(Note: The MSN.com article mentions this, too. But I just had to find it on the website for myself.)

Who is Eric Trump you might ask? He's Donald Trump's son from his marriage to Ivana Trump. So while the Donald is out giving the impression that he owns Trump Wine, he really doesn't. It's his son's business. But it get's better, folks.

Trump Steaks? It doesn't appear that those he presented at his press conference yesterday were his either. A close up of the packaging shows the steaks come from The Bush Brothers Provisions Company, a meat distribution company that been in existence since 1925.

The article also talks about Trump Water, Trump Airline and Trump and Trump Magazine and calls their ownership into question.

That's not to say Donald Trump might not be invested in any of the companies that are still in operations and are selling the products he's mentioned or those that actually bear the Trump name or that he might not have been majority owner of those that are still in business, such as, his son's winery, at some point, but the examples I've listed above which are also mentioned in the OP article clearly are not owned by him.

Seems the secrets are starting to come out on Donald Trump's entrepreneurship and apparently things aren't exactly as they seem.
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We complain about politicians being rich, and now you're complaining that Donald isn't rich enough? Ok.
 
NIMBY said:
Not with Bernard voters sitting this election out, if he loses.
Not with the voter turn-out we've seen in the primaries, dominated by the GOP, even in your Michigan.
And certainly not with the colossal voter turn-out problems for the DEMs in 2010 and 2014 .
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Sanders voters -and I am one - are well aware that there is a good chance Clinton will win the nomination. And we will then vote for the second best candidate in the race.
 
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