Posted on 06/02/2016 4:58:20 PM PDT by Cyberman
Donald Trump on Thursday vowed to reopen Trump University, the beleaguered real estate seminar business that is the target of multiple lawsuits and has become a new favorite attack line for Hillary Clinton.
"After the litigation is disposed of and the case won, I have instructed my execs to open Trump U(?), so much interest in it! I will be pres." Trump tweeted Thursday.
Despite Trump University being the subject of two class-action lawsuits and a $40 million lawsuit from New York Attorney General Eric Schneiderman, Trump has previously expressed interest in reopening the business, either running it himself or at the charge of his adult children within the Trump Organization....
(Excerpt) Read more at politico.com ...
In your face . That’s our Trump. Lol.
I was thinking, the Trumpers; the neverTrumpers — maybe they should make a movie: Conservative America: Civil War.
I heard this morning that “the university “ was scamming people for tuition on false promises. I thought it was Printnon at $80k per year and NO JOBS AT THE END!! It was,in fact, Trump U a real estate seminar for $1400 peanuts !! ARE YOU KIDDING ME? This has no legs. And then today I learn that the Clinton’s scammed over$ 14 MILLION on a “for profit” scam school ( FU CLINTON U) that was so bad that Bill ( the rapist) had to resign as “ chancellor”!!! I am just say’in these Clinton’s are going to JAIL!!! This is madness.
Living through it was bad enough. I can’t wait for it to be a distant memory.
It legitimately failed the first time. What will keep it from failing this time?
I like his spirit though.
Boy is Obama upset. And Dan Rather. And all the never trumpers. Really upset. I think Obama has a stuttering problem when he starts tripping out. And Rather just a couple weeks ago on C2C said Trump is really smart. Today he is singing a different tune.
But Trump got Ryan's endorsement lol.
Trump is going to be the first trillionaire.
Maybe add a law division and hire Ted Cruz to teach it :-)
I did a little reading on this endeavor. Turns out things got rough when the 2008 (engineered) downturn occurred.
Apparently, the principal in the suit in NY has accrued $875,000 in legal fees, over at least 3 years.
Someone sees big bucks and a big payoff. Now, with the Clinton-connected lawyers, the game’s afoot.
He must have attempts on his and his family’s lives every single day. I’ll say a prayer for him. St. Michael’s my guy on this.
He could rename it “President’s College.”
Indeed...and I love it.
i found this comment on a Yahoo article:
“With her campaign sinking in the polls, Hillary Clinton has launched a desperate attack against Trump University to deflect attention away from her deep involvement with a controversial for-profit college that made the Clintons millions, even as the school faced serious legal scrutiny and criminal investigations.
In April 2015, Bill Clinton was forced to abruptly resign from his lucrative perch as honorary chancellor of Laureate Education, a for-profit college company. The reason for Clinton’s immediate departure: Clinton Cash revealed, and Bloomberg confirmed, that Laureate funneled Bill Clinton $16.46 million over five years while Hillary Clinton’s State Dept. pumped at least $55 million to a group run by Laureate’s founder and chairman, Douglas Becker, a man with strong ties to the Clinton Global Initiative. Laureate has donated between $1 million and $5 million (donations are reported in ranges, not exact amounts) to the Clinton Foundation. Progressive billionaire George Soros is also a Laureate financial backer.
As the Washington Post reports, “Laureate has stirred controversy throughout Latin America, where it derives two-thirds of its revenue.” During Bill Clinton’s tenure as Laureate’s chancellor, the school spent over $200 million a year on aggressive telemarketing, flashy Internet banner ads, and billboards designed to lure often unprepared students from impoverished countries to enroll in its for-profit classes. The goal: get as many students, regardless of skill level, signed up and paying tuition.
“I meet people all the time who transfer here when they flunk out elsewhere,” agronomy student Arturo Bisono, 25, told the Post. “This has become the place you go when no one else will accept you.”
Others, like Rio state legislator Robson Leite who led a probe into Bill Clinton’s embattled for-profit education scheme, say the company is all about extracting cash, not educating students. “They have turned education into a commodity that focuses more on profit than knowledge,” said Leite.
Progressives have long excoriated for-profit education companies for placing profits over quality pedagogy. Still, for five years, Bill Clinton allowed his face and name to be plastered all over Laureate’s marketing materials. As Clinton Cash reported, pictures of Bill Clinton even lined the walkways at campuses like Laureate’s Bilgi University in Istanbul, Turkey. That Laureate has campuses in Turkey is odd, given that for-profit colleges are illegal there, as well as in Mexico and Chile where Laureate also operates.
Shortly after Bill Clinton’s lucrative 2010 Laureate appointment, Hillary Clinton’s State Dept. began pumping millions of its USAID dollars to a sister nonprofit, International Youth Foundation (IYF), which is run by Laureate’s founder and chairman, Douglas Becker. Indeed, State Dept. funding skyrocketed once Bill Clinton got on the Laureate payroll, according to Bloomberg:
A Bloomberg examination of IYF’s public filings show that in 2009, the year before Bill Clinton joined Laureate, the nonprofit received 11 grants worth $9 million from the State Department or the affiliated USAID. In 2010, the group received 14 grants worth $15.1 million. In 2011, 13 grants added up to $14.6 million. The following year, those numbers jumped: IYF received 21 grants worth $25.5 million, including a direct grant from the State Department.
Throughout ten Democratic Party debates, Establishment Media have not asked Hillary Clinton a single question about she and her husband’s for-profit education scam.
“
Trump is Doubling Down, gotta love it.
How can you be scammed from a University that tells you, “You have 30 day to back out of this deal. If you don’t feel this class is for you, say so and we’ll give you your money back.”
Does any other college or educational business make the same offer?
Don’t forget the 6 billion dollars that disappeared when Hitlery was Secretary of State.
I wonder where she stashed the loot?
(Of course, the media is not interested in this story).
Exactly. I love Trump but sometimes he just loves to bull crap. And this definitely is one of those times. He would never be able to open a school again as President. I think it is funny what he gets away with saying though.
Lou Dobbs claims the CLASS ACTION law suits against Trump amount to a total of 6 plaintiffs in total.
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