- Joined
- Nov 14, 2020
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I remember several Trump supporters claiming that they support him because he is such a great businessman. I guess that is yet another example of how clueless they are.
Trump's Flagship Golf Resort Has Now Lost $61 million in Six Years
www.newsweek.com
Donald Trump was a stock market disaster
www.marketwatch.com
1. Trump Airlines
Failed! Trump ultimately defaulted, surrendering ownership of the airline to his creditors.
2. Trump beverages
Another failed Trump company. The only trace remaining of either are the trademark applications that were abandoned in 2006. The same goes for Trump’s American Pale Ale, the trademark for which was cancelled in 2007.
3. Trump: The Game
In 1988, Trump teamed up with Milton Bradley to create Trump: The Game. ...but it too quickly went out of circulation.
4. Trump casinos
Trump has filed for bankruptcy on his Atlantic City properties alone three times. They then FAILED and Trump Entertainment Resorts missed an interest payment on a $53.1 million bond; the company declared bankruptcy, and this time Trump stepped down as its chairman.
5. Trump magazine
Trump launched his eponymous magazine in late 2007, reinventing a publication that had previously been called Trump Style and Trump World. His idea was to “[cash] in on the booming advertising market for yachts and other high-end commodities.” The timing, of course, couldn’t have been worse for a magazine, particularly one dependent on luxury advertising. It didn’t survive the financial crisis, folding by 2009.
6. Trump Mortgage
“I think it’s a great time to start a mortgage company,” Trump famously predicted to CNBC in April 2006. FAILED Trump Mortgage shuttered in September 2007. According to the Washington Post, the company never paid a $298,274 judgement it owed a former employee, nor the $3,555 it owed in unpaid taxes.
7. Trump Steaks
When Trump filed for bankruptcy on his Atlantic City properties for the second of three times, court records showed he owed the Georgia company Buckhead Beef some $715,240. Two years later, in 2007, Trump struck a deal sell Buckhead Beef through the futuristic gadget store the Sharper Image. CEO Jerry Levin would later tell ThinkProgress it was “a bad business idea.” FAILED
8. Trump’s travel site
Like many of his business ventures, GoTrump.com was a gaudier version of an existing product — and it FAILED.
9. Trump’s comms company
Trump registered a trademark for Trumpnet under the category of “corporate telephone communication services” in 1990. Whatever it was going to be, it never got off the ground; the trademark was abandoned in 1992. FAILED
10. Trump Tower Tampa
The 52-story Trump Tower in Tampa FAILED buyers sued Trump for misleading them. He eventually settled, in some cases for as little as $11,115, with plaintiffs who had lost hundreds of thousands of dollars.
11. Trump University
Also known at the Trump Entrepreneur Initiative, Trump University FAILED and Trump LOST all of the lawsuits against him.
So, please tell me Trumpkins, how is Trump such a great businessman? When are you going to admit that he and his family are grifters?
Trump's Flagship Golf Resort Has Now Lost $61 million in Six Years
Trump's Flagship Golf Resort Has Now Lost $61 million in Six Years
Trump International Golf Club Scotland have posted 2019 losses for Turnberry in Ayrshire for the Menie Estate near Aberdeen.
www.newsweek.com
Donald Trump was a stock market disaster
Donald Trump was a stock market disaster
Trump Hotels & Casino Resorts suffered losses of $647 million from 1995 through 2004, says Brett Arends.
www.marketwatch.com
1. Trump Airlines
Failed! Trump ultimately defaulted, surrendering ownership of the airline to his creditors.
2. Trump beverages
Another failed Trump company. The only trace remaining of either are the trademark applications that were abandoned in 2006. The same goes for Trump’s American Pale Ale, the trademark for which was cancelled in 2007.
3. Trump: The Game
In 1988, Trump teamed up with Milton Bradley to create Trump: The Game. ...but it too quickly went out of circulation.
4. Trump casinos
Trump has filed for bankruptcy on his Atlantic City properties alone three times. They then FAILED and Trump Entertainment Resorts missed an interest payment on a $53.1 million bond; the company declared bankruptcy, and this time Trump stepped down as its chairman.
5. Trump magazine
Trump launched his eponymous magazine in late 2007, reinventing a publication that had previously been called Trump Style and Trump World. His idea was to “[cash] in on the booming advertising market for yachts and other high-end commodities.” The timing, of course, couldn’t have been worse for a magazine, particularly one dependent on luxury advertising. It didn’t survive the financial crisis, folding by 2009.
6. Trump Mortgage
“I think it’s a great time to start a mortgage company,” Trump famously predicted to CNBC in April 2006. FAILED Trump Mortgage shuttered in September 2007. According to the Washington Post, the company never paid a $298,274 judgement it owed a former employee, nor the $3,555 it owed in unpaid taxes.
7. Trump Steaks
When Trump filed for bankruptcy on his Atlantic City properties for the second of three times, court records showed he owed the Georgia company Buckhead Beef some $715,240. Two years later, in 2007, Trump struck a deal sell Buckhead Beef through the futuristic gadget store the Sharper Image. CEO Jerry Levin would later tell ThinkProgress it was “a bad business idea.” FAILED
8. Trump’s travel site
Like many of his business ventures, GoTrump.com was a gaudier version of an existing product — and it FAILED.
9. Trump’s comms company
Trump registered a trademark for Trumpnet under the category of “corporate telephone communication services” in 1990. Whatever it was going to be, it never got off the ground; the trademark was abandoned in 1992. FAILED
10. Trump Tower Tampa
The 52-story Trump Tower in Tampa FAILED buyers sued Trump for misleading them. He eventually settled, in some cases for as little as $11,115, with plaintiffs who had lost hundreds of thousands of dollars.
11. Trump University
Also known at the Trump Entrepreneur Initiative, Trump University FAILED and Trump LOST all of the lawsuits against him.
So, please tell me Trumpkins, how is Trump such a great businessman? When are you going to admit that he and his family are grifters?
