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Old 03-19-2011, 09:13 AM
 
Location: SoCal/PHX/HHI
4,135 posts, read 2,838,713 times
Reputation: 2886

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Quote:
Originally Posted by pghquest View Post
No you didnt..

Being president of a corporation that files bankruptcy is not YOU filing bankruptcy..

In addition, he filed bankruptcy because he wanted to BUY the casinos, and the investors wouldnt sell..

http://www.youtube.com/watch?v=LJh4bokk7NA

Thats because people dont file chapter 11, they file chapter 7 or 13
I'm glad you changed your post to 7 or 13, what you originally posted had me chuckling for a bit.

So those companies going into bankruptcy, none of it had anything to do with Donald.... I think I got it now
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Old 03-19-2011, 09:13 AM
 
3,283 posts, read 5,207,534 times
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Quote:
Originally Posted by Driller1 View Post
Where was he wrong???

he wants to levy a 25% import duty on chinese products. here he misdiagnoses the problem. he wants to blame china because we've become uncompetitive.
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Old 03-19-2011, 09:17 AM
 
24,832 posts, read 37,344,316 times
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Quote:
Originally Posted by 58robbo View Post
he wants to levy a 25% import duty on chinese products. here he misdiagnoses the problem. he wants to blame china because we've become uncompetitive.
Would that tariff not make building products in the US more likely??

Thus, keeping jobs here.
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Old 03-19-2011, 09:19 AM
 
Location: NC
9,984 posts, read 10,392,719 times
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Quote:
Originally Posted by Driller1 View Post
Would that tariff not make building products in the US more likely??

Thus, keeping jobs here.
Maybe to some extent. Mostly it will make things more expensive and result in far less demand, and thus far fewer things being produced, generally speaking.
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Old 03-19-2011, 09:20 AM
 
24,832 posts, read 37,344,316 times
Reputation: 11538
I think he would dump NAFTA.

That is were many the problems started
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Old 03-19-2011, 09:20 AM
 
Location: SoCal/PHX/HHI
4,135 posts, read 2,838,713 times
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Quote:
Originally Posted by pghquest View Post
He did NOT.. A copany he owned filed bankruptcy, but he did not...

Someone with a screename of "Casino", you should know this to be true..
lol, really?
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Old 03-19-2011, 09:21 AM
 
24,832 posts, read 37,344,316 times
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Quote:
Originally Posted by Randomstudent View Post
Maybe to some extent. Mostly it will make things more expensive and result in far less demand, and thus far fewer things being produced, generally speaking.
Maybe for a year.

Then businesses will gear up here...again...JOBS!!!!
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Old 03-19-2011, 09:22 AM
 
11,155 posts, read 15,706,419 times
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Quote:
Originally Posted by Driller1 View Post
I think he would dump NAFTA.

That is were many the problems started
But isolationism and big-government intervention in trying to control the markets never really works. Free markets should be open across borders. Let the competition sort itself out.
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Old 03-19-2011, 09:23 AM
 
24,832 posts, read 37,344,316 times
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Quote:
Originally Posted by Bluefly View Post
But isolationism and big-government intervention in trying to control the markets never really works. Free markets should be open across borders. Let the competition sort itself out.
It has....we lost.
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Old 03-19-2011, 09:23 AM
 
Location: NC
9,984 posts, read 10,392,719 times
Reputation: 3086
Quote:
Originally Posted by Driller1 View Post
Maybe for a year.

Then businesses will gear up here...again...JOBS!!!!
Most likely permanently, because you are permanently negating comparative advantage so long as the tariff is in place.
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