Posted on 02/16/2016 11:04:05 AM PST by reaganaut1
A pattern emerges.
Donald Trump is a habitual liar, and the thing about habitual liars is that they lie habitually.
In a testy exchange with former Florida governor Jeb Bush, Trump insisted that he’d never gone bankrupt, and that claims to the contrary are a lie. That’s the Trump magic right there: Lying about your business history is one thing, lying that your critics are lying about it is another.
Trump has a peculiar way of speaking about bankruptcy: He has a deep aversion to the word itself. He speaks of “putting a company into a chapter†without ever answering the implicit question: “Chapter of what? Moby-Dick?†The answer, of course, is the U.S. Bankruptcy Code, to which Trump has taken recourse at least four times over the course of his business career. The chapter in question is the famous Chapter 11, which applies to business bankruptcies. Trump proudly insists that he never has had recourse to Chapter 13, the personal bankruptcy code. This is his apparent justification for saying that he’s never been bankrupt. But of course one of the purposes of Chapter 11 bankruptcy is to keep men such as Donald Trump out of Chapter 13 bankruptcy.
Trump’s first bankruptcy was in 1991 after he borrowed a stupidly irresponsible amount of money to finance that monument to excruciatingly bad taste known as the Trump Taj Mahal in Atlantic City. Trump is such a good manager that the casino’s slot machines began failing during its first week of business. Never one to let reality stand in the way of his confidence, Trump had financed the $1 billion project largely with junk bonds, which meant very high interest payments. Trump did not make enough money to meet his interest payment and so was forced into bankruptcy.
(Excerpt) Read more at nationalreview.com ...
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All that Trump has ever said is twisted about itself.
The very definition of “wicked.”
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Based on past threads, the Trumpsters’ replies will be mainly
(1) You’re citing National Review!
(2) So what, he’s leading in the polls.
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You forgot one ...
3) He’s going to build a wall that Mexico will pay for
Drivel....it this is all you can bring....it’s like taking a rock to a gun fight....
Trump has never personally filed for bankruptcy.
This “article” is a lie.
On Bankruptcy as quoted, he told the truth.
Party has to come together at some point. Anyone who wins the nomination will still be better than any democrat.
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Apparently you don’t understand as well as the public does.
When he who controls a legal entity deliberately drives it into bankruptcy by having it contract with his other entities, he is morally not entitled to claim innocence.
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Figures that a mouthpiece would be supporting Trump.
He hasn't needed to because he has rolled personal debt into the corporate bankruptcies.
I’m not going to waste my time trying to explain this to you people again. Ignorance must be bliss in Cruz-land.
So yeah, it doesn’t matter because he’s leading in all polls and is going to win despite having used the federal business bankruptcy laws as intended.
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No, he twisted and covered the truth.
That is one of the big reasons he is categorically unqualified for any public office.
We want truth.
Prove it. You’re lying just like Cruz.
Proof?
You left out the part where Trump expedites the return of the illegals.
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As intended?
If that is how you see this country, you do not belong here.
You’re just showing your bias against post scalp flap impaired orangutans. Sad really.
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More accurately, he has diverted the wealth of an investment entity into another for his personal use.
Trump is the worst of the worst.
Bankruptcy, with very limited exceptions, has nothing to do with morality or innocence. It is a economic device designed to facilitate commerce.
And given the polls, I think the public understands this perfectly well.
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