Bad businessman? Yep, that's tRUMP
Everybody knows that Donnie the Dumbass was a horrible businessman. After all, how could somebody file for bankruptcy of a business that was licensed to print money (casinos).
But fail he did, just as he failed as so-called POtuS.
Trump Airlines — Trump borrowed $245 million to purchase Eastern Air Shuttle. He branded it Trump Airlines. He added gold bathroom fixtures. Two years later Trump could not cover the interest payment on his loan and defaulted.
Trump Beverages — Although Trump touted his water as "one of the purest natural spring waters bottled in the world," it was simply bottled by a third party. Other beverages, including Trump Fire and Trump Power, seem not to have made it to market. And Trump's American Pale Ale died with a trademark withdrawal.
Trump Game — Milton Bradley tried to sell it. As did Hasbro. After investment, the game died and went out of circulation.
Trump Casinos — Trump filed for bankruptcy three times on his casinos, namely the Trump Taj Mahal, the Trump Marina and the Trump Plaza in New Jersey and the Trump Casino in Indiana. Trump avoided debt obligations of $3 billion the first time. Then $1. 8 billion the second time. And then after reorganizing, shuffling money and assets, and waiting four years, Trump again declared bankruptcy after missing ongoing interest payments on multi-million dollar bonds. He was finally forced to step down as chairman.
Trump Magazine — Trump Style and Trump World were renamed Trump Magazine to reap advertising dollars from his name recognition. However, Trump Magazine also went out of business.
Trump Mortgage — Trump told CNBC in 2006 that "I think it's a great time to start a mortgage company. . The real-estate market is going to be very strong for a long time to come. " Then the real estate market collapsed. Trump had hired E. J. Ridings as CEO of Trump Mortgage and boasted that Ridings had been a "top executive of one of Wall Street's most prestigious investment banks. " Turned out Ridings had only six months of experience as a stockbroker. Trump Mortgage closed and never paid a $298,274 judgment it owed a former employee, nor the $3,555 it owed in unpaid taxes.
Trump Steaks — Trump closed Trump Steaks due to a lack of sales while owing Buckhead Beef $715,000.
Trump's Travel Site — [URL]GoTrump.com[/URL] was in business for one year. Failed.
Trumpnet — A telephone communication company that abandoned its trademark.
Trump Tower Tampa — Trump sold his name to the developers and received $2 million. Then the project went belly-up with only $3,500 left in the company. Condo buyers sued Trump for allegedly misleading them. Trump settled and paid as little as $11,115 to buyers who had lost hundreds of thousands of dollars.
Trump University or the Trump Entrepreneur Initiative — Trump staged wealth-building seminars costing up to $34,995 for mentorships that would offer students access to Trump's secrets of success. Instructors turned out to be motivational speakers sometimes with criminal records. Lawsuits and criminal investigations abound.
Trump Vodka — Business failed due to a lack of sales.
Trump Fragrances — Success by Trump, Empire by Trump, and Donald Trump: The Fragrances all failed due to being discontinued, perhaps as a result of few sales.
Trump Mattress — Serta stopped offering a Trump-branded mattress, again likely due to slacking sales.
Truth Social — This existing Trump business owes big money, and may well be breathing its last.
Everyone would love to be a failure and a billionaire
[QUOTE=PVMonger;2740743]Everybody knows that Donnie the Dumbass was a horrible businessman. After all, how could somebody file for bankruptcy of a business that was licensed to print money (casinos).
But fail he did, just as he failed as so-called POtuS.
Trump Airlines Trump borrowed $245 million to purchase Eastern Air Shuttle. He branded it Trump Airlines. He added gold bathroom fixtures. Two years later Trump could not cover the interest payment on his loan and defaulted.
Trump Beverages Although Trump touted his water as "one of the purest natural spring waters bottled in the world," it was simply bottled by a third party. Other beverages, including Trump Fire and Trump Power, seem not to have made it to market. And Trump's American Pale Ale died with a trademark withdrawal.
Trump Game Milton Bradley tried to sell it. As did Hasbro. After investment, the game died and went out of circulation..[/QUOTE]I can only speak for my self but I would love to be a failure and a billionaire. I believe that I am not the only one in the world that would want to be a billionaire. Sure better than you living off of government handouts. But if you think living off government handouts is far better than being a billionaire more power to you.
Another gentle reminder, this time for the Stock Market watchers
The S&P 500 Index gained 13.35% between Biden's landslide victory election day and his inauguration, counting as one of the best post presidential administration loss "Relief Rallies" of all time.
Misleadingly, that gain is credited to Trump's time in office rather than to Biden only because Trump happened to be the hapless loser still hanging around the White House at the time, doing absolutely nothing positive for the country as usual, planning an anti-America Insurrection and stealing Top Secret nuclear-related documents likely in order to sell them to America's enemies.
But that is how happy the Market was to finally get rid of Trump and his disastrous economic policy and stewardship results:
[B]Biden Has More S&P 500 Records Than Trump[/B]
[URL]https://www.forbes.com/sites/chuckjones/2021/11/20/biden-has-more-sp-500-records-than-trump/[/URL]
Also unfortunately, the Market has discovered over the past 19 months that we have not gotten rid of America-hating Trump after all. He simply will not do the right thing by saying into a microphone, "I'm sorry" to the world, turning on his heels and just going quietly into the dark night of historical oblivion.
No, he is one deadly global threat that is not "disappearing, going away without a vaccine. ".