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To: nathanbedford
Can you tell whether Trump runs his business empire like a Socialist or a Capitalist? Does he create wealth or destroy wealth? Are his business practices sound? How many jobs has Trump created vs. Sanders or any career politician? Do Trumps projects come in under budget and ahead of schedule?
64 posted on 02/10/2016 4:28:08 AM PST by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: Chgogal

Here’s the first part of a 12 part documentary about his business practices. It was made long before he decided to run for President. Watch all the parts, and it’ll give you a pretty good idea of how he does business.

http://youtu.be/BmNTctIrAb0


70 posted on 02/10/2016 4:43:12 AM PST by FreedomForce ( Cruz 2016 --------- I've come to my senses. Trump is no longer even my second choice.)
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To: Chgogal
Can you tell whether Trump runs his business empire like a Socialist or a Capitalist?

More to the point, how did Trump create his business empire? The answer is he farmed the government, he continued the practice of his father to involve himself with government projects, he took advantage of public guaranteed financing etc. In short, he exploited crony capitalism whenever and wherever he could. Of course, he also engaged in some projects in the private sector. But even there, he resorted to big government for success, by way of illustration, his exploitation of condemnation.

Does he create wealth or destroy wealth?

Both. He is destroyed a lot of wealth with his bankruptcies, with his failed enterprises such as Trump Airlines, his failed involvement with professional football, his university etc.

Are his business practices sound?

Obviously not and for the reasons expressed above. They are on balance very profitable for Donald Trump personally but they are hardly "sound" for his investors, creditors, or employees of his failed enterprises. Other enterprises embraced by the question must yield a negative answer because his ego led them into preposterous risks, such as the Taj Mahal.

How many jobs has Trump created vs. Sanders or any career politician?

Trick question, politicians don't create jobs, the private sector does. If a politician creates a job by spending, that money must be taken from the private sector where it would otherwise be more efficient in producing jobs. There is no reason to believe that Trump if he becomes an elected politician would be able to "create" jobs, his boasts to the contrary notwithstanding.

Do Trumps projects come in under budget and ahead of schedule

Again a mixed record. The Taj Mahal was way over budget. You cannot believe Trump's assertion of his own brilliance because time after time investigation into his projects prove that he exaggerated his success and lied about expenses etc.

There is every reason to believe that if Donald Trump becomes the chief executive officer of America he will run the country the way he ran Taj Mahal.


97 posted on 02/10/2016 5:39:41 AM PST by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: Chgogal

Can you tell whether Trump runs his business empire like a Socialist or a Capitalist? Does he create wealth or destroy wealth? Are his business practices sound? How many jobs has Trump created vs. Sanders or any career politician? Do Trumps projects come in under budget and ahead of schedule?
__________________________________________________________

Trump runs his company like a crony capitalist. He pays politicians and get favors in return he uses other peoples money to finance his projects and walks away when a projects and leaves other people holding the bag and taking thelosses when he fails.

HE has failed on everything he has touched that didn’t conform to this model. He had a food company that failed (Trump Steaks), a liquor company that failed (Trump Vodka) Three Magazines and of course he was a USFL owner and pursued a strategy that led to the collapse of an entire league, they were making money playing as a spring/summer league Trump couldn’t get an NFL franchise, got a USFO franchise, he persuaded other owners to go head to head with the NFL and try beating them in court the league collapsed when they won $2 in court.

Trump isn’t a capitalist in and real sense, he has succeeded off gov subsidies and the bankruptcy laws.


102 posted on 02/10/2016 5:45:10 AM PST by Leto
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