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left-of-center2012

(34,195 posts)
Wed Jul 4, 2018, 02:14 PM Jul 2018

Trump's life has been one failure after another

Before he was the nominee of the Republican Party, Donald Trump took the stage in March of 2016 flanked by pallets of bottled water, rows of wine bottles and, most peculiarly, a pile of raw steaks. This bizarre stunt came in response to a critical speech made days earlier by Mitt Romney in which the 2012 Republican nominee listed Trump’s failed ventures and declared, “A business genius he is not.”

Trump’s remarks seemed less concerned with Romney’s criticism of his demeanor and unfitness for office and more about defending his entrepreneurial acumen. Instead of touting his victories that night in Michigan and Mississippi, Trump went item by item, saying his bottled water company was “very successful” and his wine was “the finest wine.” As for the steaks, Trump claimed they cost “50 bucks,” but a reporter who looked closely at the wrapping noted that they weren’t actually Trump’s brand, but rather Bush Brothers.

Counterfeit steak aside, the stunt was another example of Trump’s usual concoction of truth, lies and exaggerations. The water had actually been bottled by a company that licensed its product to other companies. The wine was actually produced by a winery registered to Trump’s son that offered a disclaimer that it was not “owned, managed, or affiliated with Donald J. Trump,” and Trump’s steak currently isn’t available for purchase. He also mentioned his magazine, which folded, and Trump Airlines, which defaulted before it was sold.

Romney’s attack obviously hit home because it was true. In his decades in business, Donald Trump has failed at nearly everything he’s tried. Though his real estate ventures have been profitable, on and off, his investments have mostly flopped, including his turn as a casino magnate that led to “crushing debt,” his airline business which lasted less than three years and his cavalcade of failed ventures that led to four separate bankruptcies. In fact, analysis has shown that if Trump had simply invested his money in the stock market instead of all his harebrained businesses, he’d now be worth $10 billion more than he is at this moment.

https://www.rawstory.com/2018/07/trumps-life-one-failure-another-presidency-will-no-different/

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Trump's life has been one failure after another (Original Post) left-of-center2012 Jul 2018 OP
OK ! virgogal Jul 2018 #1
Trump's humiliation of Romney finally makes sense lunatica Jul 2018 #2
This message was self-deleted by its author no_hypocrisy Jul 2018 #3
K&R smirkymonkey Jul 2018 #4
how does one fail in the casino business scarytomcat Jul 2018 #5

lunatica

(53,410 posts)
2. Trump's humiliation of Romney finally makes sense
Wed Jul 4, 2018, 02:21 PM
Jul 2018

Though Romney may look like the hero now, he is still a Republican asshole.

Response to left-of-center2012 (Original post)

scarytomcat

(1,706 posts)
5. how does one fail in the casino business
Wed Jul 4, 2018, 03:43 PM
Jul 2018

I read some where that almost all of his product lines have failed and his golf courses are not making money. Many of his managed buildings want his name off the building. His daughter has to have the President of the United States to plug her stuff to get into markets. I suspect if he liquidated his holdings he would owe money.

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