Vegas Free-for-All - Income Inequality

forkushV

May 11, 2016
9:14am

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Originally posted by: alanleroyII

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Originally posted by: forkushV
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Originally posted by: alanleroyII
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Originally posted by: Boilerman
That's the entire list. Trump has had 4 companies go bankrupt. I'm guessing that he's owned a hundred companies, or so.
Most every businessman of any substance has had failures and successes...
Four bankruptcies and an airline that was forced into liquidation? And a fraudulent university. Name one other "successful businessman" with such a stellar record.

And when Lincoln and Truman ran for president, they didn't do so based on their business acumen. But other than accusing Obama of being born in Kenya, that's all Trump's got.

He's a successful teevee personality. Calling Trump a "successful businessman" is really a stretch:

Trump has had scores of highly successful real estate developments....billions in assets. He has employed 10's of thousands of people...

A passive index funds investor with the Donald's inheritance who simply kept up with S&P 500 would have invested in more profitable companies, resulting in a hell of a lot more jobs.

From 1987 to 2015 the S&P 500 grew 1,336%. Donald Trump's wealth during that time grew 300%. Tell me again what a good businessman he is.

forkushV

May 11, 2016
9:29am

Block User

An now Trump won't be releasing his taxes.

It is disqualifying for a modern-day presidential nominee to refuse to release tax returns to the voters, especially one who has not been subject to public scrutiny in either military or public service. Tax returns provide the public with its sole confirmation of the veracity of a candidate's representations regarding charities, priorities, wealth, tax conformance, and conflicts of interest. Further, while not a likely circumstance, the potential for hidden inappropriate associations with foreign entities, criminal organizations, or other unsavory groups is simply too great a risk to ignore for someone who is seeking to become commander-in-chief.

Mr. Trump says he is being audited. So? There is nothing that prevents releasing tax returns that are being audited. Further, he could release returns for the years immediately prior to the years under audit. There is only one logical explanation for Mr. Trump's refusal to release his returns: there is a bombshell in them. Given Mr. Trump's equanimity with other flaws in his history, we can only assume it's a bombshell of unusual size.

Boilerman

May 11, 2016
9:57am

Block User

Submitting tax returns to Forkie is not a requirement to become President. Not even the IRS knows Trump's net worth, and I certainly don't think that a news agency knows. Tax returns would not address his worth, anyhow.

alanleroyII

May 11, 2016
10:44am

Block User

Quote

Originally posted by: forkushV

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Originally posted by: alanleroyII
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Originally posted by: forkushV
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Originally posted by: alanleroyII
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Originally posted by: Boilerman
That's the entire list. Trump has had 4 companies go bankrupt. I'm guessing that he's owned a hundred companies, or so.
Most every businessman of any substance has had failures and successes...
Four bankruptcies and an airline that was forced into liquidation? And a fraudulent university. Name one other "successful businessman" with such a stellar record.

And when Lincoln and Truman ran for president, they didn't do so based on their business acumen. But other than accusing Obama of being born in Kenya, that's all Trump's got.

He's a successful teevee personality. Calling Trump a "successful businessman" is really a stretch:

Trump has had scores of highly successful real estate developments....billions in assets. He has employed 10's of thousands of people...

This is such bullshit. You don't know what Trump's wealth was in 1987 and you don't know what it is now....unless you're one of his accountants.

And why start at 1987? Trump had already been running the company for years then. How much of that wealth did he already earn by then? His father died in 1999. Maybe this has more to do with the crash of 1987 and how an all knowing being could have invested at the bottom of the market than anything to do with Trump's business acumen.

Is this 1,336% S&P growth accounting for annual income taxes? How much? What about money that he's spent or donated in those 30 years? Those amounts come out of his wealth, but not out of your S&P calculation.

I give it 50 Pinocchios.

And even if it was completely accurate...which it is not. How many companies has Hillary started? How many real jobs has she created? What has she built? A big fat nothing. But we know how she ran the State Department. We know what her policies did in Libya....and Syria. We know how her pro Iraq War vote helped waste trillions of dollars and ruined so many lives. Why doesn't that disqualify her?

alanleroyII

May 11, 2016
10:57am

Block User

Quote

Originally posted by: forkushVThere is only one logical explanation for Mr. Trump's refusal to release his returns: there is a bombshell in them.

There's another logical explanation. He saw how the Democrats exploited Romney's tax returns for political gain and since it is not a requirement for a candidate to release this information he figures it's no one's business.

The supporting documentation is thousands of pages. There would be a constant drip of minutia and ginned up attacks...from the scores of depreciation methods he likely leverages to accounting for office expenses. I think he's right to keep them private. It will become political fodder for weeks and he's smart enough not to open himself up to it.

And if Trump is Disqualified for not sharing his personal tax information with the world, then surely Hillary is Disqualified for voting to authorize the Iraq War at a cost of trillions of dollars and so many ruined lives.

Hold your nose and vote.

pjstroh

May 11, 2016
11:06am

Block User

No, Hillary didn't run a company into the ground. She did help lead one of the most successful charitable organizations in modern history that has among other things:

- provided AIDS medication to hundreds of thousand, helping to stop that disease in its tracks in Africa
- Been one of the biggest combatants to Malaria on the planet
- provided safe drinking water to countless people in multiple continents
- provided education and literacy to people whose culture oppressed it (especially to young girls)
- provided emergency relief to disaster struck areas

No big deal, right?

pjstroh

May 11, 2016
11:10am

Block User

I'm curious to see if the people who cry bloody murder over Hillary's "hidden" emails will draw the same kinds of conclusions about Donald's undisclosed tax returns. Using Boilerman/DonDIego/Jatki logic we can safely assume he's a crook.

Boilerman

May 11, 2016
11:14am

Block User

Wow, taking money from others and giving it away. She doesn't understand how to create wealth, but only how to spend wealth created by others. You see, to create wealth, one must take a series of things of lesser value, and combine them into something of greater value. Hillary on the other hand, takes a dollars wealth from others, and turns it into a nickel.

I'll admit that Hillary's quite good at laundering money and charging the charity for private jet travel.

Quote

Originally posted by: pjstroh
No, Hillary didn't run a company into the ground. She did help lead one of the most successful charitable organizations in modern history that has among other things:

- provided AIDS medication to hundreds of thousand, helping to stop that disease in its tracks in Africa
- Been one of the biggest combatants to Malaria on the planet
- provided safe drinking water to countless people in multiple continents
- provided education and literacy to people whose culture oppressed it (especially to young girls)
- provided emergency relief to disaster struck areas

No big deal, right?

Don

May 11, 2016
11:19am

Block User

Quote

Originally posted by: alanleroyII
How many companies has Hillary started? How many real jobs has she created? What has she built? A big fat nothing.

Au contraire mon amie, alanleroyII.

alanleroyII is accurate that The Hillary has not founded a company.

However, She did create a job for an IT specialist to install/maintain a computer server in Her home to avoid storing Her correspondence on those pesky US Government computers subject to all sorts of rules and stuff.

And She subsequently created a Government Job for her IT specialist, so She no longer had to pay him. And it was an excellent job, essentially doing exactly what he had been doing with Her home server, . . . only at GS-15 pay. Not many Government employees start out at over $100,000/year.

alanleroyII is accurate that The Hillary has not built anything.

Boilerman

May 11, 2016
11:21am

Block User

Boiler had never demanded that one show their tax return. Besides, the IRS audits Trump every year.

Quote

Originally posted by: pjstroh
I'm curious to see if the people who cry bloody murder over Hillary's "hidden" emails will draw the same kinds of conclusions about Donald's undisclosed tax returns. Using Boilerman/DonDIego/Jatki logic we can safely assume he's a crook.

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