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Title: Here comes Trump; will GOP embrace an outsider?
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URL Source: http://www.macon.com/2015/06/15/379 ... es-trump-will-gop-embrace.html
Published: Jun 16, 2015
Author: DAVID LIGHTMAN
Post Date: 2015-06-16 00:47:22 by A K A Stone
Keywords: None
Views: 15139
Comments: 101
WASHINGTON — Donald Trump’s dream of the White House is built on the belief that America will turn to a can-do outsider, particularly a successful business tycoon, to fix the mess that is Washington. It’s likely just a dream. Voters enjoy candidates full of outrage and without ties to the byzantine, polarized, money-saturated ways of the nation’s capital. Audiences flock to hear and cheer them in New Hampshire, Iowa and elsewhere. And then they usually vote for a more statesmanlike, experienced choice. Trump, 69, the brash New York City-based billionaire businessman and television show host, plans a “major announcement” Tuesday on his presidential intentions. He’s flirted with running before, but this time he appears to be taking the steps needed to formally enter the Republican race. He’d start as a clear underdog and wouldn’t even be the favorite among outsider candidates. Former neurosurgeon Ben Carson’s supporters have spent the last year raising money and building an organization, and former business executive Carly Fiorina has drawn friendly audiences in key primary and caucus states. Trump, like Carson and Fiorina, faces another challenge: No political experience. The last president who had never run for public office was Dwight Eisenhower. While never before elected , he WAS supreme commander of the Allied forces in Europe during World War II.
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#52. To: A K A Stone (#50)
Fuck the Chinese. You're out of touch. What he says resonates with Americans in the heartland. Being a shock jock may make you feel well but the president is the head diplomat. Stone, to me you are just the "mad as hell I and I don't want to take it anymore" persona - you don't really want a candidate that can do anything other than voice your anger as a cathartic release.
Trump did not own it. He bailed out of it years ago. Trump received 5% stock in exchange for the use of his name and likeness. https://en.wikipedia.org/wiki/Trump_Entertainment_Resorts The casino group filed for bankruptcy for the third time in February 2009 owing $1.2 billion. Two sets of debt holders eventually proposed reorganization plans for the group in U.S. bankruptcy court. Trump initially made an agreement with banker/high-stakes poker player Andrew Beal, owner of Beal Bank, which held $500 million in the group's debt, to take over the resorts. However, citing concerns about the bank's experience with gaming, he dropped them in favor of the hedge fund Avenue Capital Management, a plan favored by other bond-holders. Beal then partnered with investor, Carl Icahn, who had worked on restructuring another Atlantic City casino, the Tropicana. In court, Trump argued that he would fight the Icahn/Beal team if they sought to use his name and likeness on the group's properties. Instead he signed an agreement with Avenue Capital in which he would receive 5% stock in the reorganized company and another 5% in exchange for the use of his name and likeness in perpetuity.
We will see if and when he files his financials.
Most interesting, I did not know that. I thought he had ownership until it closed. The guy has to be an astute business man to be where he is today. "He knows when to hold them, when to fold them and when to walk away." (Kenny Rogers - The Gambler). I don't think he will ever be elected, but he just may be the best qualified person to turn this country around.
The RCP poll of polls indicates Trump enters at 9th place. Anyone below 10th when the debates occur, does not make the debates. It's not great, but it isn't the worst. The worst is when people have to ask "Who?" 01. Bush 11. Santorum
Oh come on - the thing is a toupée.
There may be only one Donald Trump, as his potential presidential bid has proved once again, but his hairstyle doesn’t have to be unique. In fact, if you ever dreamed of sporting the Donald’s trademark coiffure, you can have it in four easy steps. Indeed. He is refreshing. He has balls. He isn't a wuss who has to ask consultants what he thinks. Fuck the Chinese. You're out of touch. What he says resonates with Americans in the heartland. He's not my 1st choice, but if he's the most viable to beat Hildabeast.... I'll vote Trump. Every society gets the kind of criminal it deserves. What is equally true is that every community gets the kind of law enforcement it insists on. Robert Kennedy
Thanks, man. Rand cuts his own hair. My loser brother does the same thing 'cuz he's always broke.
I doubt he will hang around past the date when he would have to file his fiancials. I doubt he could get the GOP nomination if he does hang around. None of the prospects has emerged as particularly inspiring. I don't see how the GOP plans to successfully market another Bush for the White House. "He's not Hillary" is not a campaign slogan, especially if Hillary is not the opponent. I'm still doubtful that Hillary can stumble all the way to the nomination. Bill is a great politician. Hillary is awful. On the Dem side, Bernie Sanders is polling 11.6 which is higher than any of the Republicans. If Hillary implodes, Sanders with Elizabeth Warren could be a formidable ticket in debates. It will be interesting to see how it shapes up.
Well,in his defense he IS the reigning expert on mega-bankruptcies,so he might just be the guy this bankrupt welfare nation needs. Or would be in his expertise was in saving companies instead of bankrupting them after stealing all their money and leaving the investors who actually put their own money into the operation to pay off the bills. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
For him it is. The whole purpose is to promote himself and his enterprises. Including his reality show. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
More than that. The luxury gated condo community on a beach in Mexico also went into bankruptcy after a bunch of people paid substantial downpayments. Very few condos were even built,and the people who paid to have them built can never live in them because Mexico is retaining title. They don't let foreigners own land. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
Here Suck on Bernie. He has voted for more debt and irresponsible spending then about anyone in congress. A lefty like you criticizing a conservative Capitalist is par for the course. Par for a leftist agitator little sneak.
He's not. He never risks his money. What he does is use his fame to pump up PR for his projects,and then suckers people into investing THEIR money,and he then uses that money to prop up his other businesses. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
I see you agree with your leftist friend. Not that there is anything wrong with Pericles. He's a little to the right of you.
Did he bail out,or was that some sort of plea agreement to get him out of there while they still had some money? It takes a rare talent to go bankrupt in the gambling business,where the house always has the odds on their side. IIRC,the people assigned by the court to that case had him on an allowance,and were limiting or refusing him the private jet and the other perks. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
He inheirited something like 12 million bucks from his grandfather's will when he turned 21,as well as all the contacts in the NY area real estate business and the real estate his grandfather owned. Not hard to be a success when you inherited all that in the 60's. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
That's not a bet that I would take. No way in hell can he afford to ever allow the public to have an accurate look at his true bottom line. He's all about mystique and bluff. IMHO,the whole purpose of this is to fluff up his bio and attract more investors. I'm still doubtful that Hillary can stumble all the way to the nomination. Bill is a great politician. Hillary is awful. I agree. I suspect the movers and shakers in the Dim Party actually hate her as much as we do,and already have plans to pull the rug out from under her. They are being careful because they don't want to alienate her only true political base,the "Why-Men Movement" gurls. They have a lot of influence in the Dim Party. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
Not hard to be a success when you inherited all that in the 60's. Half of what you said there is a lie. That is what leftists regularly do. You look at Trump like Karl Marx would. You're very envious of his wealth and success. To you and your candidate Bernie the commie success comes from the government. That is why you like Bernie instead of a capitalist. You support Bernie because while Trump was making his own money Bernie was passing another bill to help bury the younger generation in debt *Voted YES on additional $825 billion for economic recovery package. (Feb 2009)). That is one of the many reasons you support him. I suspect another reason you like Bernie is because he voted no on making it a crime to kill a baby during the commission of a crime.
You are totally clueless. You have the wit of Joe Biden,and the understanding of Al Gore. And probably the dance moves of Richard Simmons. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
OK,what half. Spit it out. You are so out of touch with reality you have no idea how stupid you look on your own web site when you call somebody like me a leftist. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
And probably the dance moves of Richard Simmons. Rules for Leftards #31). Say something so mind numbingly, idiotically stupid and try to pass it off as a "FACT"!!! http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=27927
You are a leftist. :)
THat for starters. Also the sentence you wrote after that isn't a lie but it isn't true. You just don't know. If you cry Uncle I will stop.
I believe it was from his father and the amount was $40 million to $200 million. To take that $40 to $200 million and turn it into declared assets of $9 billion is nothing to sneeze when evaluating his success as a businessman.
"Entering"?? You need to wake up. “Political correctness is a doctrine, fostered by a delusional, illogical minority, and rapidly promoted by mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.”
Glad I don't watch much TV other than Sports, Cooking and History.
“Political correctness is a doctrine, fostered by a delusional, illogical minority, and rapidly promoted by mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.”
You are a leftist. :) I have probably killed more leftists than you have ever met,fool. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
THat for starters. Every word is true. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
Just because you like killing doesn't make you a patriot. Muslims kill Muslims. Blacks kill blacks. Whites kill whites. Leftists kill leftists.
When he first got real famous someone wrote a book or magazine article about him and his family,and they mentioned the inheritance from his grandfather,and that it was his grandfather that started the real estate business he took over. I don't remember any mention of his father,but I guess it is possible his father gave him money,too. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
She is the worst - the way she talks slow when she starts a speech and THEN RAISES HER VOICE IN THE END TO EMPHASIS a point.
Definitely...
Polls show Trump is the most hated candidate in the last 35 years. His negatives are durable and longstanding. That is something you can't fix overnight. And he tends to make bombastic speeches, like today: "I will be the greatest jobs president God ever created" or "I'm very rich", etc.
I've always thought so but I think he's got a little more than that going. The constant self-promotion is a big part of it. He's good at manipulating the media.
TPP trade deal ‘a disaster,’ other countries will ‘dupe’ US – Donald Trump
I've always thought so but I think he's got a little more than that going. I'm sure there is a lot more than that going on,but we don't know about it and maybe wouldn't even understand it if we did. Too "inside baseball" stuff that only money/market manipulators understand. There can be no doubt he is a crook,but there can also be no doubt he's smarter than most people are willing to give him credit for being. I see him as a carney geek of the financial world. A guy that plays the buffoon so that marks think they are smarter than he is and they can "slick him" out of his money. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
I think he trades on his name and fame but isn't an outright crook. Which is not to say that some of his schemes haven't been crooked. Trump reminds me a bit of P.T. Barnum. He's quite a showman and knows how to manipulate the media mercilessly. They fall for it every time even while hating themselves for falling into another Trump self-promotion scheme. Trump has a knack for this. Trump is very good at self-promotion and the insider blood sport of Manhattan real estate.
P.T. Barnum=carney geek. Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
Donald Trump and the Trump Organization, LLC were not in danger. The Trump Organization, LLC is the principal holding company for the Trumps. It is not the company at issue regarding the hotel/casino chapter 11. Regarding the hotel/casino 2010 Chapter 11 restructuring of debt, Trump Entertainment Resorts, Inc. (“TER”) is a publicly held company whose predecessor entity was Trump Hotels & Casino Resorts, Inc. (“THCR”). TER took over from THCR in 2005 after a chapter 11 restructuring. Donald Trump resigned from the TER Board of Directors in February 2009 and abandoned his limited partnership interest. The Trump Marina was sold to Landry's Restaurants. Carl Ichan held the mortgage on the Trump casinos. In 2014, Trump asked that his name be removed as he neither owns nor controls TER. https://en.wikipedia.org/wiki/The_Trump_Organization The company serves as the principal holding company for Trump's business ventures and investments. With investments within the United States, Europe, Asia, and other parts of the world, The Trump Organization is primarily involved in real estate, construction, hospitality, and entertainment but has maintained a presence in a wide variety of industries including book and magazine publishing, media, model management, retail, financial services, board game development and video game publishing, food and beverages, business education, online travel, airlines, and beauty pageants. In addition to real estate, other business operations within the company include restaurants, a modeling agency and beauty pageants; public skating rink management; and a television production company that produces television programs which include the reality television hit, The Apprentice. Furthermore, the company engages in retailing providing high quality fashion apparel, home furnishings, jewelry and accessories, books, chocolate bars, furniture, lighting products, bath textiles and accessories, bedding and home fragrance products, small leather goods, crystal stemware, barware and gifts, and bottled spring water. The organization is owned and managed by the Trump family with Donald Trump as its CEO and three of his eldest children —Donald Trump Jr., Ivanka Trump, and Eric Trump— serving as Executive Vice Presidents (EVP) within the organization. https://s3.amazonaws.com/s3.documentcloud.org/documents/1302409/trump2010confirmationruling.pdf In TCI Holdings, LLC, et al., U.S. Bankruptcy Court, Dist of NJ, Case 09-13654-JHW (04/12/2010), Doc 1434, total 121 pp. At 7, footnote 2: At 8, footnote 5: https://en.wikipedia.org/wiki/Trump_Entertainment_Resorts Post-bankruptcy In February 2013, the company agreed to sell the Trump Plaza for $20 million to the Meruelo Group, a California-based company whose holdings include the Grand Sierra Resort in Reno. The proceeds would be used to pay down the company's debt to a level of $270 million. CEO Robert Griffin said TER would consider also selling the Trump Taj Mahal for the right price. However, in 2013, Carl Ichan, who held the mortgage on the Trump Casinos, would reject the sale of the Trump Plaza. In early August 2014 Donald Trump filed a lawsuit requesting his name be removed from the Trump Plaza Hotel and Casino and the Taj Mahal facilities since he no longer runs or controls Trump Entertainment Resorts. 2014 bankruptcy Trump Entertainment Resorts filed again for bankruptcy in September 2014, a fourth time. http://www.sec.gov/Archives/edgar/data/943320/000119312504053673/dex211.htm EX-21.1 11 dex211.htm LIST OF SUBSIDIARIES OF TRUMP HOTELS & CASINO RESORTS, INC. http://www.sec.gov/Archives/edgar/data/943322/000119312508058770/dex211.htm EX-21.1 3 dex211.htm LIST OF SUBSIDIARIES OF TRUMP ENTERTAINMENT RESORTS, INC.
Comments (93 - 101) not displayed.
Top • Page Up • Full Thread • Page Down • Bottom/LatestIndeed. He is refreshing. He has balls. He isn't a wuss who has to ask consultants what he thinks.
#53. To: Gatlin, tomder55, A K A Stone (#7)
2009 bankruptcy and restructuring
#54. To: A K A Stone, Pericles (#15)
No he is serious he isn't joking.
#55. To: nolu chan, A K A Stone (#53)
Trump did not own it. He bailed out of it years ago. Trump received 5% stock in exchange for the use of his name and likeness.
#56. To: TooConservative, A K A Stone (#24)
Trump's polling is just awful, the worst of all GOP candidates.
02. Walker
03. Rubio
04. Carson
05. Huckabee
06. Paul
07. Cruz
08. Christie
09. Trump
10. Perry
12. Fiorina
13. Kasich
14. Graham
15. Jindal
#57. To: Fred Mertz (#51)
Okay, but what's up with that hairdo of his?
#58. To: Chuck_Wagon, Fred Mertz (#57)
Oh come on - the thing is a toupée.
The Secret to Donald Trump’s Hair
The D&R terrorists hate us because we're free, to vote second party
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
#59. To: A K A Stone (#50)
#60. To: hondo68 (#58)
#61. To: Gatlin, A K A Stone (#55)
I don't think he will ever be elected, but he just may be the best qualified person to turn this country around.
#62. To: A K A Stone (#0)
#63. To: Pericles (#1)
He is running for president as if it is a reality TV show
#64. To: TooConservative (#20)
3 bankruptcies and the casinos he built in Atlantic City went broke and closed (I think he had sold off his interest in them by 2014).
#65. To: sneakypete (#64)
#66. To: redleghunter (#43)
Don't even know why he is wasting his own money to run.
#67. To: sneakypete (#63)
The whole purpose is to promote himself and his enterprises. Including his reality show.
#68. To: nolu chan (#53)
Trump did not own it. He bailed out of it years ago.
#69. To: Gatlin (#55)
The guy has to be an astute business man to be where he is today.
#70. To: nolu chan (#61)
(Edited)
I doubt he will hang around past the date when he would have to file his fiancials.
#71. To: sneakypete (#69)
He inheirited something like 12 million bucks from his grandfather's will when he turned 21,as well as all the contacts in the NY area real estate business and the real estate his grandfather owned.
#72. To: A K A Stone (#65)
A lefty like you criticizing a conservative Capitalist is par for the course.
#73. To: A K A Stone (#71)
Half of what you said there is a lie.
#74. To: sneakypete (#72)
You are totally clueless. You have the wit of Joe Biden,and the understanding of Al Gore.
#75. To: sneakypete (#73)
you call somebody like me a leftist.
#76. To: All (#71)
s well as all the contacts in the NY area real estate business and the real estate his grandfather owned.
#77. To: sneakypete (#69)
#78. To: Pericles (#38)
We are entering the age where running for president will turn into a reality TV show like American Idol. The more outrageous a candidate is the more cache they will have.
#79. To: redleghunter (#34)
#80. To: A K A Stone (#75)
you call somebody like me a leftist.
#81. To: A K A Stone (#76)
s well as all the contacts in the NY area real estate business and the real estate his grandfather owned.
#82. To: sneakypete (#80)
I have probably killed more leftists than you have ever met,fool.
#83. To: Gatlin (#77)
I believe it was from his father and the amount was $40 million to $200 million.
#84. To: nolu chan (#61)
(Edited)
Hillary is awful.
#85. To: nolu chan (#61)
It will be interesting to see how it shapes up.
#86. To: nolu chan (#56)
The RCP poll of polls indicates Trump enters at 9th place. Anyone below 10th when the debates occur, does not make the debates.
#87. To: sneakypete (#66)
He never risks his money. What he does is use his fame to pump up PR for his projects,and then suckers people into investing THEIR money,and he then uses that money to prop up his other businesses.
#88. To: A K A Stone (#0)
#89. To: TooConservative (#87)
He never risks his money. What he does is use his fame to pump up PR for his projects,and then suckers people into investing THEIR money,and he then uses that money to prop up his other businesses.
#90. To: sneakypete (#89)
There can be no doubt he is a crook,but there can also be no doubt he's smarter than most people are willing to give him credit for being. I see him as a carney geek of the financial world. A guy that plays the buffoon so that marks think they are smarter than he is and they can "slick him" out of his money.
#91. To: TooConservative (#90)
Trump reminds me a bit of P.T. Barnum.
#92. To: sneakypete (#68)
Did he bail out,or was that some sort of plea agreement to get him out of there while they still had some money
The Trump Organization is a limited liability company conglomerate based in Trump Tower in Manhattan, New York. Donald John Trump Sr. worked for his father's firm, Elizabeth Trump & Son, while attending the Wharton School of the University of Pennsylvania, and in 1968 officially joined the company. He was given control of the company in 1971 and renamed it The Trump Organization. The organization is a global leader in real estate development, sales and marketing, and property management. The company owns, operates, invests, and develops residential real estate, hotels, resorts, residential towers, and golf courses in different countries, as well as owning several pieces of high-end real estate in New York City. The organization also has a stake in Trump Entertainment Resorts, which owns and operates the Trump Taj Mahal, the Trump Plaza, and the Trump Marina casinos in Atlantic City, New Jersey. Together with NBC, the Trump Organization additionally owns the Miss USA, Miss Teen USA, and Miss Universe franchises.
Trump Entertainment Resorts, Inc. (“TER”) is a publicly held company and general partner of TER Holdings, which owns the three casinos. The predecessor entity to TER was Trump Hotels & Casino Resorts, Inc. (“THCR”). THCR, along with its various affiliates and subsidiaries, filed voluntary petitions under Chapter 11 of the Bankruptcy Code of November 21, 2004, jointly administered under case number 04-46898/JHW, and emerged with a confirmed plan on April 5, 2005, with an Effective Date of May 20, 2005.
By letter dated February 13, 2009, Trump resigned from the debtors’ Board of Directors and notified TER that he was abandoning his 23.5% direct limited partnership interest in TER Holdings and relinquishing his limited partnership rights.
In 2011, TER sold the Trump Marina to Landry's Restaurants, which also operates the Golden Nugget in Las Vegas.
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