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To: Vision Thing
Donald Trump neither designed, engineered or built those buildings.

His role was to develop them: buying land to build it, and then finding buyers for the units.

In the case of the Chicago tower it took him almost ten years to sell all the units, which created a negative internal rate of return on investment for him and his investors.

In the case of the Vegas tower, he promised investors he would develop two towers but failed to secure enough buyer commitments for more than one. He also failed to close on enough units in the tower that did get built, and was forced to sell hundreds of units at a loss to a timeshare company in order not to default on yet another loan.

Trump exists so other businessmen - who are actually good at what they do - can use him to generate controlled investment losses for tax purposes.

112 posted on 12/13/2015 9:22:28 AM PST by wideawake
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To: wideawake

All those buildings are still standing, and people are benefitting from them for their livelihoods.

All those designers, engineers, and builders wouldn’t have had these projects to work on if Trump did not accomplish his part of the deals.

The network, production company, advertisers, contestants, and fans would have gotten nothing if Trump didn’t get his roll done on The Apprentice.

And I note once again that your silence on Trump’s point that Cruz doesn’t get things done is a tacit admission that you agree with Trump.


122 posted on 12/13/2015 9:32:12 AM PST by Vision Thing
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To: wideawake
BRAVO BRAVO bravo -- what an excellent post. Trump's vaunted "business genius" indeed. The man apparently puts a multi-billion-dollar value on his "personal brand" alone, outside of his tangible assets Forbes magazine estimated to be $4.1 billion; Trump claimed closer to $9 billion as self-worth, putting a high value on his "brand."

Meanwhile, pretty much every other billionaire don't need no steeenking "personal brand."

174 posted on 12/13/2015 1:51:28 PM PST by Finny (Voting "against" is a wish. Be ready to own what you vote for.)
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To: wideawake

Tell me, has Ted Cruz ever built so much as a sandcastle? How many people depend on Ted Cruz for their livelihood apart from his family? how many international deals has Ted Cruz closed? I’m sure you get my drift.


184 posted on 12/13/2015 8:00:45 PM PST by Mollypitcher1 (I have not yet begun to fight....John Paul Jones)
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