Posted on 09/24/2015 9:27:26 AM PDT by MDspinboyredux
Thirty years ago, on its opening day in 1984, Donald Trump stood in a dark topcoat on the casino floor at Atlantic City’s Trump Plaza, celebrating his new investment as the finest building in Atlantic City and possibly the nation.
Last week, the Trump Plaza folded and the Trump Taj Mahal filed for bankruptcy, leaving some 1,000 employees without jobs.
Trump, meanwhile, was on twitter claiming he had “nothing to do with Atlantic City,” and praising himself for his “great timing” in getting out of the investment.
In America, people with lots of money can easily avoid the consequences of bad bets and big losses by cashing out at the first sign of trouble.
The laws protect them through limited liability and bankruptcy.
But workers who move to a place like Atlantic City for a job, invest in a home there and build their skills, have no such protection. Jobs vanish, skills are suddenly irrelevant and home values plummet.
They’re stuck with the mess.
(Excerpt) Read more at billmoyers.com ...
Reich has been living off other people’s taxes all his life, not only to insult them, but to bite them as well.
Wow. Billmoyers.com with an article by Robert Reich. That’s like liberal to the power of 2.
ah...a Robert Reich special...
Robert Reich posting an opinion piece on BillMoyers.com. No better as there.
Success is easy when you spend your life on the Government dime mindlessly criticizing the entrepreneurs and risk takers who create the wealth political parasites like Reich rabidly steal from the productive via “tax policy”
You should be thrown off here. This is a totally liberal site.
Robert Reich?
BWHAHAHAHAHAHA!
Robert Reich?
You use Robert Reich to troll Trump? Give it a rest.
Go, Trump, GO!!
Bill Moyers and Robert Reich? You consider them reliable sources do you?
Oh it a twofer. Moyer and Reich, 2 political parasites living off the taxpayers while mindlessly criticizing those who create the wealth they steal via taxation
That is a risk every employee takes. Sometimes you win, sometimes you lose but that is life. People lose jobs every day. Nothing is guaranteed.
Most average people don't make a quarter million dollars a speech, either.
ReichchchchchchchchchchchE!
This poster has two hate Trump liberal threads going as we speak.
That would be emblazoned in Latin on Robert Reich's family crest.
Robert Reich? On a Bill Moyers website?
Pass.
Reich and Moyers, was Pol Pot not available to analyze Trumps businesses?
We are laughing at you.
Robert Reisssssssshhhhhhhhhhhh! as Rush calls him, is a total tool for the Marxist point of view. To hell with him.
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