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Old 12-22-2020, 07:38 AM
 
19,132 posts, read 25,341,241 times
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Quote:
Originally Posted by skeddy View Post
won't be Joe Biden, he's the least charitable President ever,
Link, please...

 
Old 12-22-2020, 09:29 AM
 
Location: In an indoor space
7,685 posts, read 6,198,631 times
Reputation: 5154
Quote:
Originally Posted by skeddy View Post
not bad considering he owned more than 500 businesses.

Many people seem to purposely overlook (because of political BS they want to chop "him" factual or not anyway they can) that when one either starts a new business or purchases an existing one that it's called "a business venture" = no guarantee for success. Like you said "not bad" as a very small percentage going bad while "he's" very debt to owned assets under leveraged IMO.


On the most part, I look at things from a non-political view as well as tying-in with my beliefs as a registered Independent.


If that building is no good, then it should come down but not because "he" was once involved with it as many posters in this thread seem to insinuate in celebration which in my view is .
 
Old 12-22-2020, 11:16 AM
 
50,815 posts, read 36,514,503 times
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Quote:
Originally Posted by skeddy View Post
not bad considering he owned more than 500 businesses.
That was four times just in Atlantic City, not all of his businesses. I think he has more bankruptcies than any so-called businessman in America. He’s really a terrible businessman, I don’t know why people think otherwise. He was handed a fortune by his father, and turned it all into debt.
 
Old 12-22-2020, 11:20 AM
 
50,815 posts, read 36,514,503 times
Reputation: 76640
Quote:
Originally Posted by atgss View Post
Many people seem to purposely overlook (because of political BS they want to chop "him" factual or not anyway they can) that when one either starts a new business or purchases an existing one that it's called "a business venture" = no guarantee for success. Like you said "not bad" as a very small percentage going bad while "he's" very debt to owned assets under leveraged IMO.


On the most part, I look at things from a non-political view as well as tying-in with my beliefs as a registered Independent.


If that building is no good, then it should come down but not because "he" was once involved with it as many posters in this thread seem to insinuate in celebration which in my view is .
I don’t think anyone here has said or thinks that the building is coming down because his name is on it. I think that’s an absurd assumption on your part.
 
Old 12-22-2020, 11:29 AM
 
Location: In an indoor space
7,685 posts, read 6,198,631 times
Reputation: 5154
Quote:
Originally Posted by ocnjgirl View Post
I don’t think anyone here has said or thinks that the building is coming down because his name is on it. I think that’s an absurd assumption on your part.

That's was my opinion to what some of the posts seems to insinuate.


I do agree about the 'win-win" however.
Too prime a property to just sit there IMO.


Merry X-mas!
 
Old 12-22-2020, 11:31 AM
 
Location: In an indoor space
7,685 posts, read 6,198,631 times
Reputation: 5154
Quote:
Originally Posted by ocnjgirl View Post
That was four times just in Atlantic City, not all of his businesses. I think he has more bankruptcies than any so-called businessman in America. He’s really a terrible businessman, I don’t know why people think otherwise. He was handed a fortune by his father, and turned it all into debt.

I see it as possibly/potentially (as I don't know) his leveraging to his advantage using the laws and such.
 
Old 12-22-2020, 11:53 AM
 
50,815 posts, read 36,514,503 times
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Quote:
Originally Posted by atgss View Post
That's was my opinion to what some of the posts seems to insinuate.


I do agree about the 'win-win" however.
Too prime a property to just sit there IMO.


Merry X-mas!
Same to you
 
Old 12-22-2020, 11:55 AM
 
50,815 posts, read 36,514,503 times
Reputation: 76640
Quote:
Originally Posted by atgss View Post
I see it as possibly/potentially (as I don't know) his leveraging to his advantage using the laws and such.
I don’t care if it’s legal frankly, it hurt other people. If you read some of the links I posted, it was regular families that were hurt. And when they declared bankruptcy due to not being paid for their work, they didn’t get to keep their yachts and their mansions.

I have always found it disconcerting that when regular people declare bankruptcy, they are considered deadbeats, but when wealthy people do it they’re considered smart. Our worship of these people and justifying whatever they do is baffling to me.
 
Old 12-22-2020, 12:29 PM
 
19,132 posts, read 25,341,241 times
Reputation: 25439
Quote:
Originally Posted by ocnjgirl View Post
I have always found it disconcerting that when regular people declare bankruptcy, they are considered deadbeats, but when wealthy people do it they’re considered smart. Our worship of these people and justifying whatever they do is baffling to me.
+1, but it actually goes beyond what you stated.

When people of limited means are in dire financial straits, there are those in the "right wing" who believe that this represents a moral failure on the part of those people. But, when someone who is perceived to be extremely wealthy is in financial trouble, those same sanctimonious souls suddenly see fit to rationalize the situation as one of... "expert leveraging"... or "it's just a part of business"... or... "at least he knows how to use the legal system to extricate himself".

The double standard that is frequently seen in situations that are similar--but for the overall wealth of the persons involved--represents hypocrisy at its finest.

 
Old 12-22-2020, 12:33 PM
 
Location: In an indoor space
7,685 posts, read 6,198,631 times
Reputation: 5154
Quote:
Originally Posted by ocnjgirl View Post
I don’t care if it’s legal frankly, it hurt other people. If you read some of the links I posted, it was regular families that were hurt. And when they declared bankruptcy due to not being paid for their work, they didn’t get to keep their yachts and their mansions.

I have always found it disconcerting that when regular people declare bankruptcy, they are considered deadbeats, but when wealthy people do it they’re considered smart. Our worship of these people and justifying whatever they do is baffling to me.
I for one never said "he" was perfect.

You may not like that business people may be able to leverage themselves using what tools they have within the laws - neither you or I can do anything about whether we like it or not.

IF people/contractors wrongfully got hurt - no good.
IF people/contractors did substandard work - I wouldn't pay them either.

In Kind question: "IF" a democrat/liberal did the same, would you be as critical of him or her?
As for me it doesn't matter who, as right is right, wrong is wrong - I don't discriminate AFTER I got the facts and not potential propaganda.
How true are most of the stories about people getting hurt? Do we really really know for sure, not by people/publications/media hating on someone BS-ing? Again, we don't know for sure - having said this (again) I don't discriminate AFTER I got the facts and not potential propaganda.
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