It was people like Trump and the practices he and others used that necessitated the publicly funded bailout of the Wall Street banks and perhaps explains the push for the repeal of Glass Steagall . Investment banks were getting stiffed for highly speculative loans .I am demoralized to hear that a billionaire lost a billion dollars thirty years ago. I can no longer support the trump he was thirty years ago.
I'm sure he had successes then too , the guys that works the money knows how to show losses to take advantage of the existing tax laws.
Someone didn't read the article.BTW, his losses were value associated losses based on the real estate crash of the time.
It's like saying someone is a failure if they ended up underwater on their mortgage in 2008.
When Trump's New Jersey gambling fiasco failed the banks wanted to foreclose on his casinos. The only thing that saved him was NJ Gambling Commission ruled that the banks could foreclose but because of NJ gambling laws banks were prohibited from owning your operating gambling houses. .I haven't lost 1.17 billion.
You would think at least one thing ventured would have been successful
You could have called him slightly stoopid and been done with it. Less keystrokes, are you responding to yerself?Hell, you probably haven't lost $1.17 since you are a molly cocked and mollycoddled little ball of fear.
You are a Democrat just like Trump was when he lost billions of dollars.
He has been very successful ever since he became a Republican.
So he doesn’t make things up on purpose?@bacha29 hears voices
It was people like Trump and the practices he and others used that necessitated the publicly funded bailout of the Wall Street banks and perhaps explains the push for the repeal of Glass Steagall . Investment banks were getting stiffed for highly speculative loans .
So he doesn’t make things up on purpose?
When Trump's New Jersey gambling fiasco failed the banks wanted to foreclose on his casinos. The only thing that saved him was NJ Gambling Commission ruled that the banks could foreclose but because of NJ gambling laws banks were prohibited from owning your operating gambling houses. .
That was Bush......a Republicanthey didnt require a bailout , you dems thought you would bailout your rich buddies. I wanted them to fail.
That was Bush......a Republican
Emergency Economic Stabilization Act of 2008 - Wikipedia
Trump did some shady when he was a democrat. we had to cool hand luke him and get his mind right when he switched parties
You get no pass simply because we seem to agree on most things. Please list the shady things he did. I truly would like to be informed.Trump did some shady when he was a democrat. we had to cool hand luke him and get his mind right when he switched parties
Don't give Bush cover, are you a conservative or just a republican?Oh ok so Obama cut the funds the year the money was actually disbursed?
Just keep shovelingOh ok so Obama cut the funds the year the money was actually disbursed?
Just keep shoveling
View attachment 247309
its actually an argument that can go either way.
congress passed that law and others as Bush was leaving office. your bill you listed passed in October of 2008 .
Other relief bills at the time were passed and signed after Obama became the president elect. Obama and Bush conferred on those.
So you can blame one or the other or both if you choose.
Hahaha. So the only time Trump pulled off shady deals was when he was a Democrat? Please this is an absolute classic.Trump did some shady when he was a democrat. we had to cool hand luke him and get his mind right when he switched parties
Call it making it up if you want to but what I am looking at is what changes in law we may see after this matter is finally settled. One I hope to see is a fully funded IRS with money and rule of law sufficient to stop abuses and system gaming on the part of extremely wealthy people who comprise the "Mobile Republic".So he doesn’t make things up on purpose?
Tormented and unhingedCall it making it up if you want to but what I am looking at is what changes in law we may see after this matter is finally settled. One I hope to see is a fully funded IRS with money and rule of law sufficient to stop abuses and system gaming on the part of extremely wealthy people who comprise the "Mobile Republic".