The Holy Spirit Condemns and Convicts. I just challenge you to turn from your ways. Do you live your life as a lie? Do you delight in lies and slander and rush to post the next "negative gossip and wicked imaginations" of others?We only consider that you are mentally unstable and a pathological liar with a severely damaged Moral Compass and a Corrupt Condemned Soul.
Trump's Casino bankruptcies were a case study of mine, when I was completing my law clerk's course. I was taking the corporate and tax law license work and working in business law at the time. I wondered how Trump managed to take $40 million out of a bankrupt company ahead of the secured creditors, and especially those holding mortgages, debentures, or other claims on the property or the assets of the casinos, primarily the banks. As a country banker, we had first claim on everything including the manure pile in our farm lending ("Of course we do. That manure pile is worth money. We cans sell it for fertilizer.) So how did Donnie slink off with $40 mill and get away with giving a big neener neener neener to the banks he borrowed from. He dubbed himself The King of Debts, and he pulled this stunt 4 times before the US banks cut him off. The other 3 bankruptcies took place outside the USA, but same MO.
People have been jailed for this scam, but none of them as big as the Trump bankruptcies. Donnie has the worst business record in US history. He's been under investigation for various scams, since the 1970's. Barr shut down 7 financial investigations looking into his personal finances since taking office.
Look at how long New York mobsters have operated with impunity in big city politics all while being pursued by the police. Al Capone was arrested for tax evasion. He was able to be the biggest mobster in Chicago for years and everyone knew he was a criminal, but no one ever filed charges against him and he was never charged, and without access to a criminals books, it's hard to prove crimes.
Everyone has known since the 1970's that Donald Trump is a criminal. He's been settling law suits and buying people off for generations. There's a paper trail a mile wide with flashing neon lights on it of his shady dealings. His behaviour in the White House is just a continuation of the same stonewalling, delaying, and exhausting the opposition that he used in his law suits to wear down the other side and make them give up and settle on his terms.
The fact that you only see the goose more or less renders your education useless. Assholes like you completely miss the point of the blindfold on lady justice.
Bankruptcy is an important and necessary part of any mega-economy. You have a 401k? A pension? Any invested assets? If so you are just as guilty of profiting from bankruptcy as the man you love to hate in the Whitehouse...you're just too stupid and vacuous to understand it.
You talk lots of self righteous shit but not too much reality.....and like most progressive lefties own no mirrors. Bloomberg for instance is no stranger to bankruptcy. Despite the fact that he is publicly on record as owing no bankrupt companies by name anyone who knows anything about multi-level business corporations will understand that Bloomberg survived just like Trump did on the back of not just tens but more likely hundreds of bankruptcies in his subsidiaries.
The United States government survives on the bankruptcy principal; the only difference is that they also control the debt consequences and avoid the results.
So um.... Shut the fuckup until you grow up and are able to apply some balance to hyour partisan bullsit. For someone who boasts a background in business law you certainly fukked up your analysis of bankruptcy.
What was your GPA?.. 4 ....point....blow the professor?
Jo
Consider the idiocy of your statement that American business is built on bankruptcy. And that everyone profits from it. No it isn't, and no they don't. That's why no bank in the world, except the corrupt one which helps the Russians launder money, and which has paid $100 million dollars in fines for money laundering and corrupt businesses - Deutches Banke.
When you set up company, running a business, and you tell everyone what a great company it is, while you borrow a lot of money and spend it lavisly, and you give yourself a big salary as manager, a private jet, and a penthouse suite, and then you sell off shares to let the little people in on your success, borrow hundreds of millions of dollars from banks to pad your fees and expenses, and then that business collapses under the weight of the debt, so that the banks and mortgagors get the property which they sell for less than the debts against them, and the employees, the investors, the suppliers and the banks are left hung out to dry, the ONLY person making money is the guy who skated away with $40 mill in his pockets. Everybody else lost money. Do it more than once, and fraud is suspected. TrumpyBear went for three and the American banks cut him off.
Your utter lack of ignorance on what and how bankruptcy and business works shows that not only do you not know what you're talking about, you're trying to bluff it like you do. Canadian schools don't use a grade point average. I got A+ Business/Commercial, Real Estate, and Wills and Estates, but I work in all three areas, so would hope so. These are technical exams, and law clerks are doing the technical work. I managed to get an A in litigation, criminal and family law. Even I was shocked since I've never worked in criminal and family so I wasn't familiar with the laws or the forms, or who files what with whom. Lawyer make the deals, law clerks complete the paperwork, and closings. If I can't get an A+ on this shit, I really shouldn't be doing the work. There is no margin for error. By the time I wrote my clerk's license, I was working one block north of the Bay Street banking towers, the land of billable hours. After I passed my clerk's I moved two block south to the Toronto Dominion Centre, and one of the 7 Sisters, finally ending up in Scotia Plaza at King and Bay.
$35 per hour to start based on a 7 hour day. $52.50 per hour overtime thereafter on a daily basis. $70 after midnight. $15 dinner chit after 7:00 pm. Free lunch from the servery for professional staff; pension plan with matching contributions, 3 weeks paid vacation to start, 4 weeks after 5 years; IT training; Cadillac level supplemental health insurance covering everything OHIP doesn't, long term disability insurance; Cab ride home after midnight. Christmas bonus = to one week's base salary. Spring profit sharing bonus based on billable hours, membership in the Mayfair Club. BEST JOB EVAH!!!!!
Who condemned my soul? You? Judge not lest you be judged, Tree. The condemnation of a Trump cultist shows I’m right.
Do you proclaim righteousness and urge others to repent, accept The Salvation of Jesus The Christ, God Son of God, or do you deny Jesus as God Son of God?
Are Politics more important to you than saving your own Soul from Hell?
"All Scripture is Profitable for Rebuke and Correction"
So, I rebuke thee, and urge you to turn away from The Broad and Wide Path to Hell.
Matthew 7:5
Thou hypocrite, first cast out the beam out of thine own eye; and then shalt thou see clearly to cast out the mote out of thy brother's eye.