So you are saying he blew the money his father gave him? It sounds to me like he then had to start again (from scratch?) and then ran it up into the billions. Would it be fair to say Trump made mistakes early on, learned from them, and then became wildly successful? What would his “return” be from when he started after his prior failure? How many jobs did he create along the way? Could the value of his contribution be considered more than his personal “return.” If we judge the media the same way the media has judged Trump, should the media be disbanded because of prior mistakes, dishonesty, misinformation, bearing false witness, etc? Should the Government replace the current “news” outlets with an official goverment information service? The answer to Trump’s and the media’s “mistakes” should be the same: Keep pressure on them to do the right thing, but acknowledge they are both here to stay.
The public doesn't know what his net worth is. He lies about everything, so why would he not lie about his net worth? If he has "billions" in net worth, then why have U.S. banks shunned him? Most likely he is heavily leveraged and totally dependent on foreign interests. We know that U.S. banks will not loan him money. Deutsche bank has; they have a Branch in Moscow. We know he has a 25 million judgement against him, which he agreed to in order to avoid trial on fraud charges. He hasn't written the check yet; it will be deductible. Can he write that check without being over drawn? Who knows? He currently lives as a ward of the U.S. taxpayer. How much of his current wealth is ill gotten gains from tax fraud and money laundering. Will he go to jail? Would he be wildly successful when viewed as an orange orangutan behind steel bars to protect the public, as in a zoo? We are about to find out.
Trump has admitted to using bankruptsy laws in his favor, where he basically converted bank equity into his own. Trump is a winner and the United States needs a winner in an competitive, sometimes dangerous world. The United States for a long time has been going backward culturally, in relative economic performance, national security, and world diplomacy. Our political system has been steadily becoming more corrupt during this time. Fortunately, enough voters and a superior election strategy has given the United States a chance to improve its standing with winning leader who cares about his country. We acknowledge his imperfections, but Trump was the only one who seemed likely to change the status quo versus of all the other presidential candidates. He found a way to beat all the of the other Republican presidential candidates even when sitting out one of the debates. He lost to Hilliary significantly by popular vote, but still became President because of superior allocation of resources in key states. The media wrestles with him and the media comes out dirty. A trump win. A constituent win. He exposes political correctness as the political thought control device it was. A trump win. A people of the United States win. His policies has caused increased business investment and an accelerating stock market. A Trunp win. An American win. The terrorists are on the run. A Trump win. A global win. Trump’s winning is our winning. It is ok to enjoy the ride!
You keep saying 'scratch', that 'scratch' was his father's money and connections and when he failed at real estate, he started other scams, you may want to read up some history here. And who cares about the media? Media is not the reason why Trump is a liar and indecent man.
Speaking of extreme narcissism... “I admit that I have always harbored an exaggerated view of my self-importance—to put it bluntly, I fancied myself as some kind of god” or “I carried some rather potent messianic fantasies with me from childhood, which I felt I had to control, otherwise I might end up in the loony bin.” George Soros
Let me tell you one of the my anti rhetorical devices I learned when I was younger. When your opposing arguer is smart person and argues nothing but amorphous things about potentials and what could be. You know they have no facts or no law on their side. Smart people don't leave out the facts. Smart people apply the elements of the law or the situation to the facts... if they have them. Its a basic understanding of persuasion. Here are the facts here are the rules you can see for yourself... the conclusion is obvious to everyone... etc. the fact you just wrote a few amorphous paragraphs is just about proof there is nothing on Trump out there. In the past I told you your speculation about the fact he probably broke the law in his real estate dealings could be correct. But, nothing has come up. A bunch of weak hints about "money laundering" but that is not going to stick on a real estate seller unless the seller was in on it. Plus, if he did break the law his acts may be barred from prosecution by the the statute of limitations. So I learned when your opponent argues nothing elegantly... You look over at the table you compliment them on their intelligence and organization and their argument and you explain why if they had anything they would have brought it up. When the other side argues nothing and you point out why... You win every time. In the words of the old lady in the old wendy's commercials. Where is the beef?
An objective media is critical to the health of a democracy. The media has a multiplicative effect of ideas, whether good or bad. When the media creates an entitlement narrative, where people deserve another person’s property for merely existing caused the people who accept that narrative to work less hard in achieving what they need or want. When the media confers an transgender act (Bruce Jenner) as some sort of exhalted status, there will be copycats looking to obtain this status. I have personally seen this in action in Portland, OR. When this media is supportive of disfunctional behaviour, its audience will tend to feel less social obligation to be better people. Where the media in pro-marijuana, it widens the socially acceptable use of this sense-dulling drug. The media has been instrumental in diminution of our culture and has influenced elections and political decisions to the detrement of the people of the United States. Our media must be held accountable for their actions and tgat is just what Trump is doing.
Nice spin, but it's mostly an illusion. Trump is an embarrassment abroad. The market, which could care less whether Merkel or Theresa May think Donald is a jerk, is a continuation of the recovery started in June, 2009. The impetus is multivariate. The most important factor, as always in bull markets, is a rising market itself. This brings in more sidelines money for fear of missing out and causes acceleration of the trend. Premature , inexperienced shorts with weak hands add to the impetus as they cover, and finally, but critically important, dollar weakness is adding to the momentum. (Never view the market in isolation from the dollar futures! If the dollar futures and equities market begin to move in lock-step opposition that tells you that the dollar has become a dominant factor. Under that circumstance, a change in the dollar futures trend on a longer time scale becomes a harbinger of a correction to follow.) Later on, accelerated deficit spending, which Republican leadership was so anxious to get going before November, will continue the good times. There is also, riding on top of these other factors, the wealth effect which tends to goose consumption demand and earnings, and then dissipate as the market corrects, which it eventually will. I have described for you the usual market cycle and the sub-cycles contained within, and what to keep an eye on. (There will be no charge for this free lesson.) The recent tax cut rushed through Congress, was an extraordinary event, having been pushed through in a panic to get it implemented, days later, and leaving tax accountants flummoxed. But it was in time, nevertheless, to influence the critical November election. This tax bill will produce greatly accelerated deficits, as the cuts will be out of balance with spending reductions. Since the deficits are coming at a time of near full employment, rather than in recession, we should see a rather dramatic boost in the economy accompanied by an up-tic in inflation -- both these phenomena will boost the equities market. Trump, though he has not a clue what he's doing, can take credit for helping to achieve a sense of plenty in a dire emergency -- at least from the Republican leadership point of view. He can also take credit for causing a lot of folks to jump into the equities market for fear of missing out. They'll also jump back out near the bottom when the correction comes. Logically, market measures should be discounted for inflation, productivity and population growth, but the public, including seasoned stock investors and the media, think in nominal terms, and that's what dictates emotion. There is still more money on the sidelines. Check back after July 4th, or either when Mueller issues his report or when Melania pulls a gun on the Donald, which ever comes first .