In a great example of what we might expect
from a Trump presidency, Trump Hotels and Casino Resorts went public, under the symbol DJT, with the stock opening at $35/share. In approx a decade, it dropped to $.19, yup, 19 cents, before being delisted. During that time, The Donald took over $20 mil a year in salary and bonuses, plus another $18.5 mil in 'consulting fees'. In other words, The Donald sucked the cash out, while his investors lost everything.
He then re-organized the company under the symbol TRMP, and it went bankrupt 4 years later, losing nearly $2 billion for his investors, while he he made over a hundred million in profits.
Most of us would say 'What a CROOK!', but not the Repubs. They look at the blatant con man and say, 'Yup, that's presidential material'.
Totally insane, but SO Republican. Don't believe me? Look it up.
BTW, that YUUGELY successful businessman, would have had MUCH more wealth if he had just taken his inheritance and invested it in stock ETF's, compared to his 'management' where his main business approach was to take properties, leverage them to the hilt with debt, then declare bankruptcy. That's what's known as a Republican 'jenius', who should be rewarded with the presidency of the US, cuz he can really 'shake it up'. Can you think of anything more idiotic? I sure can't...
He then re-organized the company under the symbol TRMP, and it went bankrupt 4 years later, losing nearly $2 billion for his investors, while he he made over a hundred million in profits.
Most of us would say 'What a CROOK!', but not the Repubs. They look at the blatant con man and say, 'Yup, that's presidential material'.
Totally insane, but SO Republican. Don't believe me? Look it up.
BTW, that YUUGELY successful businessman, would have had MUCH more wealth if he had just taken his inheritance and invested it in stock ETF's, compared to his 'management' where his main business approach was to take properties, leverage them to the hilt with debt, then declare bankruptcy. That's what's known as a Republican 'jenius', who should be rewarded with the presidency of the US, cuz he can really 'shake it up'. Can you think of anything more idiotic? I sure can't...
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