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Name:
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Talullahhound
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Subject:
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If you voted for Trump largely based
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Date:
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7/27/2019 7:05:32 PM
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That may be your impression but you would be totally wrong. Trump is a very successful real estate developer in NYC - he's hardly a joke - other developers wish they were him.
With regard to all these bankruptsies that you seem to love to bring up - Atlantic City was a speculative investment, not just by Trump, but a lot of casinos. If you have ever been to AC (which I doubt) you would know that there is nothing there beyond the boardwalk and the casinos. And it was quite sucessful for a time - I know, when I lived in NJ, we used to go there. But over a period of time, the investment didn't continue to pay off. And they were fighting off organized crime (known to you as the Mafia. Yes, there really is a Mafia, not just on the Sopranos). So Trump did what most businessmen do when their investment is costing more than they are taking in, and that would be file bankruptsy. You don't seem to realize that bankruptsy is used by a lot of companies to off load debt. If you weren't such small time people, you would know this. You either off load it through sale or you off load it through bankruptsy.
This is one of the reasons why I laugh when Democrats demand to see Trumps tax returns. They will not understand them, they do not understand multinational, multimillion dollar business. Heck, they couldn't even understand the legislation that they passed for Obama care.
Guys you are so far out of your league on this one.
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