Trump supporters are "uneducated"

TNHarley

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Sep 27, 2012
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Carl Celian Icahn (born February 16, 1936) is an American business magnate, investor, activist shareholder, and philanthropist. He is the founder and majority shareholder of Icahn Enterprises, a diversified conglomerate holding company based in New York City. He is also Chairman of Federal-Mogul, an American developer, manufacturer and supplier of powertrain components and vehicle safety products.
Business acquisition and investment timeline[edit]
  • XO Holding in 2005 announced to sell the wired part of its business for $700 million to its majority shareholder and chairman Icahn himself to pay back its debts and buy back its preferred stock for about $600 million – all owned by Icahn himself. He would end up owning XO's traditional wired phone business outright, and still own his 60% stake in what would be left of XO. In the SEC filings, XO explained that a special committee of its board of directors weighed Icahn's bid and declared it to be in the best interest of shareholders. Investment bankers determined Icahn's offer to be "fair". And the stockholders would approve the transaction because Icahn owned 60% of the common stock and the directors, named by Icahn, hired the investment bankers to put their stamp of approval on his offer. However, R2 and other minority shareholders successfully defeated the attempt and the Delaware Court on March 31, 2008, entered a final judgment order: 1. Reduced by 1.5% of the interest on the debt held by Icahn; 2. Waived, through the due date of July 15, 2009 for any breach of the financial covenants with the Chairman; 3. Awarded $8 million to R2's and other minority shareholders’ attorneys at Icahn's cost and other damages to the business caused by Icahn's self-dealing and/or conflict of interest.
  • In August 2006, he bought stock in the video game publisher Take-Two Interactive. He increased his stake to 11.3% on December 21, 2009, making him the company's second largest shareholder.[25]
  • In January 2007, he purchased a 9.2% stake in Telik, a biotech company engaged in cancer research, because he believed its shares were undervalued.
  • On January 16, 2007, it was disclosed in a Securities and Exchange Commission filing that Icahn is the beneficial owner of 14.57%, or 6.1 million shares, of WCI Communities. In the filing Icahn indicated that he intends to contact WCI to discuss how to "unlock the inherent value" of its shares.
  • On January 30, 2007, Motorola (now two separate entities: Motorola Mobility and Motorola Solutions) said it received notice that Icahn owns about 33.5 million shares, representing a 1.39% interest in the company and pressed for a seat on its board. But he was turned down by the majority of the stockholders in the election for Board of Directors which was held on May 8.
  • On February 9, 2007, Lear Corporation's board of directors agreed to a $2.3 billion takeover offer from Icahn, pending a 45-day solicitation period for other offers, which it did not receive, and shareholder approval.[26][27]
  • On February 27, 2007, Icahn invested $50 million in Motricity, a North Carolina-based provider of mobile content delivery technology.
  • During April 2007, Icahn successfully pressured Medimmune (MEDI) to consider takeover bids. The company was bought out by AstraZeneca.
  • On May 7, 2007, Icahn's quest for a board seat on Motorola was effectively ended, as the company announced the next day that in a preliminary count of the votes for board members Icahn did not have enough to be elected. Icahn stated that he would not sell his shares in the company.
  • On September 14, 2007, Icahn disclosed his ownership of 8.5% of outstanding shares in business software company BEA Systems. BEA Systems shares rose more than 4% after Icahn disclosed his stake in a filing with the Securities and Exchange Commission. In the filing, Icahn, known for forcefully pushing an agenda at companies where he acquires ownership, suggested that BEA Systems should put itself up for sale. By September 21, Icahn increased his stake to 9.88% of BEA, and on October 3, to 11.05%, and then to 13.22% on October 4, 2007.[28] On January 16, 2008, Oracle Corporation announced it was purchasing BEA Systems.[29]
  • On February 21, 2008, Icahn sold his American Casino & Entertainment Properties, which owned four casinos in Southern Nevada (three in Las Vegas, and one in Laughlin). The announcement had been made on April 23, 2007. The purchaser was an affiliate of Goldman Sachs and the price was $1.3 billion.
  • On March 9, 2008, a story about Icahn aired on American news program, 60 Minutes, with reporter Lesley Stahl.
  • On March 21, 2008, Icahn appeared on Nightly Business Report and discussed his views on proxy fights.[30]
  • On March 24, 2008, Icahn sued Motorola as part of his effort to gain four seats on Motorola's board and force a sale of its mobile business.[31]
  • On May 13, 2008, Icahn purchased as many as 50 million shares of Yahoo, leaning toward launching a proxy contest.
  • On May 15, 2008, Icahn confirmed that he would be commencing a proxy fight to remove Yahoo's board of directors in response to their "irrational" actions in rejecting Microsoft's takeover bid.[32]
  • On June 18, 2008, Icahn launched The Icahn Report.
  • On July 21, 2008, Icahn agreed to join Yahoo's board of directors in a deal that would end the proxy fight. The agreement called for the Yahoo board to expand by two directors to eleven members. Eight directors would stand for re-election while the remaining three seats would include Icahn and two nominees that Icahn recommended.[33]
  • In September/October 2008 Icahn was involved in the attempted purchase of Imclone by Bristol Myers Squibb (which was turned down) and eventual sale of Imclone to Eli Lilly in an all cash deal valued at $6.5 billion. Icahn had described Bristol Myers Squibb's upwardly revised offer of $62 per share as "absurd".[34]
  • In December 2008, Icahn filed suit against Realogy over a proposed debt swap.[35]
  • On April 20, 2009, Carl Icahn's proxy battle for Amylin was thought to be an attempt to engineer a sale to Lilly.[36]
  • On September 28, 2009, XO Holdings (XOHO) rejected Icahn's offer to buy out the remaining shares of XO he did not own already for 55 cents a share, saying the offer "substantially undervalues" the company. Icahn previously attempted to buy the telecom assets from XO but dropped the bid because of shareholders opposition. A lawsuit filed by the hedge fund and minority shareholder R2 in August 2009 alleged Icahn as director and majority owner of XO hurt shareholders by refusing refinance of the debts owned by Icahn when capital was easily available and repeatedly denying acquiring attempts at prices several times higher than Icahn's offer. On October 26, 2009 Icahn raised his offer to 80 cents a share. The offer expired on the same day a filing disclosed its existence.
  • On October 23, 2009, Icahn announced his resignation from the board of directors at Yahoo![37]
  • On February 16, 2010, it was revealed that Icahn had reduced his equity stake in Yahoo! from a one-time high of 75 million shares to 12 million shares.[38]
  • On February 18, 2010, Icahn, through a subsidiary of his Icahn Enterprises LP, acquired from Fontainebleau Las Vegas, LLC and certain affiliated entities the Fontainebleau property and improvements thereon located in Las Vegas, Nevada, for an aggregate purchase price of approximately $150 million. Icahn expressed confidence in the acquisition of the 70% complete Fontainebleau property stating that "The acquisition of the Fontainebleau property was a great opportunity to purchase a distressed asset that I believe has considerable value."[39]
  • On March 8, 2010, a group of lenders, headed by Icahn, closed on the purchase of Tropicana Casino and Resort Atlantic City, bringing the company out of bankruptcy for $200 million.
  • On March 23, 2010, Lionsgate Films rejected a takeover bid.[40]
  • On May 17, 2010, Icahn reported that he owns almost 12% of Hain Celestial Group Inc. (HAIN).[41]
  • On May 25, 2010, Icahn reported that he bought an 8.54% stake in Lawson Software as of May 11. (LWSN).[42]
  • On May 27, 2010, Icahn reported that he had accumulated a 6.9% stake in Mentor Graphics. (MENT).[43] On March 15, 2011, Mentor's board issued a strong warning to its shareholders against a proxy action by Icahn.[44]
  • On February 11, 2011, Icahn reported that he had accumulated a 9.08% stake in The Clorox Company (CLX).[45] Shares jumped over 9% that day on the news.
  • In January 2011, he again proposed to purchase all the XO Holder common stock he did not already own for $0.70 per share. The board hired JP Morgan for evaluation. On July 12, 2011, Icahn and his affiliates raised the price to $1.40. In addition to R2's suit, five class actions complained that the offer was inadequate and that Icahn's self-dealing had illegally depressed the stock price in order to take the company private cheaply and use the $3.5 billion NOLs by himself.
  • On July 15, 2011, Icahn offered to purchase The Clorox Company for $76.50 a share in a deal worth $12.6 billion. He then stated that if the deal falls through, he will pay Clorox $100 million.[46]
  • On September 27, 2011, Icahn was rumored to have purchased a stake in Canadian telecom company Research in Motion, sending their share price up by as much as 7%.[47] On October 17, 2011, Icahn denied the rumour.[48]
  • On October 31, 2012, Icahn purchased a 10% stake in Netflix.[49]
  • On November 26, 2012, Icahn revived his proxy battle over control of the Oshkosh Corp. board of directors, more than doubling up on his previous effort by nominating a slate of 13 directors, including himself.
  • On April 2, 2013, Icahn disclosed that he owned a 9.2% stake in Nuance Communications, Inc. [NUAN], pushing entrenched management to "divest and restructure" its 1.4 billion dollar [net] debt and sell off non-performing assets.[50]
  • On August 2, 2013, Icahn sued computer giant Dell and its board in an attempt to derail a $24.4 billion buyout bid by the CEO, Michael Dell, in favor of his own rumored forthcoming bid.[51]
  • On August 13, 2013, Icahn "tweets" about his large stake in Apple Inc. (AAPL). He claims that the company is extremely undervalued and adds that he urges CEO Tim Cook for a larger share buyback.[52] As a result, AAPL shares surged 5% by the end of close on this day, and an additional 1.82% on August 14, 2013. This allowed AAPL stock to cross a key psychological resistance of $500.[53]
  • On October 24, 2013, Icahn reinstates his interest in AAPL by disclosing a 4.7 million share position in the company through a letter to Cook, the CEO of Apple Inc., made public. He continues to urge for a $150 billion public and private share buyback in the company.[54]
  • In October 2013 Icahn sold about 50% of his shares in Netflix for a profit in excess of 800 million in less than one year. This is believed to be one of the largest stock gains in history.
  • On November 26, 2013 Icahn filed a shareholder proposal with Apple calling for a buyback of shares. Icahn believes the technology giant should share more of its wealth with stockholders. This was three days before the deadline for measures to be voted on at the company’s next annual shareholders meeting.
  • On January 22, 2014, Icahn proposes to eBay to spin off PayPal, an e-commerce business.
  • On January 28, 2014, after Apple's shortcomings in quarterly revenue and depreciation on the stock market, Icahn bought another half-billion worth of Apple Inc. (AAPL) shares, stating they're "very cheap."[55]
  • On April 10, 2014, Icahn settles his proxy fight with eBay, regarding the PayPal spin off.[56]
  • On June 6, 2014, Icahn reveals he has acquired a 9.4 percent stake in Family Dollar, making him the biggest shareholder. He begins pressuring the company to do a takeover deal while at the same time, a restructure.
  • On July 28, 2014 a deal is done for Family Dollar to be bought by Dollar Tree for $8.5 billion, which translates to a gain for Icahn on his investment of 25.6 percent. A day later Icahn begins selling shares, disposing of about a third of his stake, saying he is not going to wait for the deal to close or for a better offer.
  • In October 2014, Icahn took a stake in Canadian energy company Talisman Energy. The company's stock then cratered 71% and he later sold his shares in December 2014.[57]
  • On May 15, 2015, Icahn made a $100 million investment in the ride-sharing service Lyft.[58]
  • On November 12, 2015, Icahn was looking to sell his stake in Fontainebleau Las Vegas, an unfinished resort and casino on the Las Vegas Strip. He has also hired CBRE Group Inc. to market the unfinished resort to potential buyers.[59]
  • On November 16, 2015, Icahn swapped his entire stake of eBay for the same number of shares in PayPal Holdings.[60]
  • On November 23, 2015, Icahn disclosed a 7.13% stake in Xerox, a company whose shares that he called “undervalued.” This purchase makes him the second-largest investor in Xerox after The Vanguard Group.[61]
  • On December 4, 2015 Icahn made a qualifying offer to purchase the auto-parts and maintenance chain Pep Boys for $15.50 a share, amounting to 12.12% stake of the entire company.[62]
  • On December 7, 2015, Icahn raised his stake in the Houston-based energy company Cheniere Energy to 13.8 percent from 12.7 percent, making him the largest shareholder in the company.[63]
  • On January 13, 2016 Iachn disclosed a 4.66% stake in Gannett Co. Inc.[64]
  • On January 15, 2016 Autoparts maker Federal-Mogul Holdings Corp. owned by Icahn said on Friday said that it has terminated a previously announced spinoff of its motorparts division.[65]
  • On January 15, 2016, Icahn, with a history of poorly timed commodities investments saw his shares in the liquid-natural gas company Cheniere Energy and gold and copper producer Freeport-McMoRan decline 57% and 50% respectively
Philanthropy :
Icahn Stadium on Randall's Island in New York City is named after him, as is the Carl C. Icahn Center for Science and Icahn Scholar Program at Choate Rosemary Hall, a prep school in Connecticut. This organization pays for tuition, room and board, books, and supplies for 10 students every year for four years (freshman-senior), an expense that adds up to about $160,000 per student.
Icahn made a substantial contribution to his alma mater, Princeton University, to fund a genomics laboratory which bears his name, the Carl C. Icahn Laboratory at the University's Institute for Integrated Genomics. He also made large contributions to Mount Sinai Hospital, New York, of which he is a trustee, which in return not only named a building the Icahn Medical Institute designed by Davis Brody Bond, but also, in 2013, renamed the Mount Sinai School of Medicine as the Icahn School of Medicine at Mount Sinai. The genomics institute led by Eric Schadt was also renamed and is now the Icahn Institute for Genomics and Multiscale Biology.
His foundation, the Children's Rescue Fund, built Icahn House in The Bronx, a 65-unit complex for homeless families consisting of single pregnant women and single women with children, and operates Icahn House East and Icahn House West, both of which are homeless shelters located in New York City.
Icahn has received numerous awards, including the Starlight Foundation's Founders Award and its 1990 Man of the Year Award. He was also named Guardian Angel 2001 Man of the Year. In 2004, he was honored by the Center for Educational Innovation – Public Education Association for his work with charter schools. In 2006, he was honored with the 100 Women in Hedge Funds Effecting Change Award for his outstanding contributions to improving education.
In 2010, Icahn joined the Giving Pledge list, pledging to give away more than half his fortune, yet has not decided on the specific beneficiaries.[72][73]
On January 30, 2016, Icahn donated $500,000 dollars at a Des Moines, Iowa, fundraiser for US Veterans on behalf of Donald Trump

He is also worth 18 billion dollars
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Yep only the uneducated support Trump :)
More empty rhetoric from the corporatists and establishment rubes.
 
Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.
I support Trump over cankles. I would support a homeless crackhead over cankles. However, I don't necessarily support trump. He is a fuckin clown. I support his idea. And I damn sure support his economic policies and anti-establishment/anti PC rhetoric.
LOL. Seriously? A rich guy supports trump?? Stop the presses.
Wasn't my point, asswipe.
 
Another fake story blown out from the fucking Koch brothers trying anything to get Trump out of the way..I hate those guys..
Its from more than them. The left drools over this fallacy as well.
 
Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.
I support Trump over cankles. I would support a homeless crackhead over cankles. However, I don't necessarily support trump. He is a fuckin clown. I support his idea. And I damn sure support his economic policies and anti-establishment/anti PC rhetoric.
LOL. Seriously? A rich guy supports trump?? Stop the presses.
Wasn't my point, asswipe.

Sure it was. You pointed to a single person who happens to be rich and think that somehow disproves the notion that Trump is supported by the uneducated.

Thanks for the laugh Turnip.
 
Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.
I support Trump over cankles. I would support a homeless crackhead over cankles. However, I don't necessarily support trump. He is a fuckin clown. I support his idea. And I damn sure support his economic policies and anti-establishment/anti PC rhetoric.
LOL. Seriously? A rich guy supports trump?? Stop the presses.
Wasn't my point, asswipe.

Sure it was. You pointed to a single person who happens to be rich and think that somehow disproves the notion that Trump is supported by the uneducated.

Thanks for the laugh Turnip.
My point was that Carl is fuckin smart as a whip, obviously.
Why don't you try to think, dumbfuck? Just fuckin try it? Just fuckin once?
 
ast
Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.
I support Trump over cankles. I would support a homeless crackhead over cankles. However, I don't necessarily support trump. He is a fuckin clown. I support his idea. And I damn sure support his economic policies and anti-establishment/anti PC rhetoric.
LOL. Seriously? A rich guy supports trump?? Stop the presses.
Wasn't my point, asswipe.

Sure it was. You pointed to a single person who happens to be rich and think that somehow disproves the notion that Trump is supported by the uneducated.

Thanks for the laugh Turnip.
My point was that Carl is fuckin smart as a whip, obviously.
Why don't you try to think, dumbfuck? Just fuckin try it? Just fuckin once?
the vast majority of trump supporters are under educated, angry and ignorant.
 
In terms of demographics, Trump’s supporters are a bit older, less educated and earn less than the average Republican. Slightly over half are women. About half are between 45 and 64 years of age, with another 34 percent over 65 years old and less than 2 percent younger than 30. One half of his voters have a high school education or less, compared to 19 percent with a college or post-graduate degree. Slightly over a third of his supporters earn less than $50,000 per year, while 11 percent earn over $100,000 per year. Definitely not country club Republicans, but not terribly unusual either.
 
Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.
I support Trump over cankles. I would support a homeless crackhead over cankles. However, I don't necessarily support trump. He is a fuckin clown. I support his idea. And I damn sure support his economic policies and anti-establishment/anti PC rhetoric.
LOL. Seriously? A rich guy supports trump?? Stop the presses.
Wasn't my point, asswipe.

Sure it was. You pointed to a single person who happens to be rich and think that somehow disproves the notion that Trump is supported by the uneducated.

Thanks for the laugh Turnip.

Well...ummm I am well off, my husband is an attorney who was the Mayor, and I have my masters in addiction counseling..my house is multi millions, I live in the most desired place in the world..And I support Trump, my friends support Trump ...why because of the Big Corruption in Government..You have you be Uneducated to not see that..

.
 
Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.
I support Trump over cankles. I would support a homeless crackhead over cankles. However, I don't necessarily support trump. He is a fuckin clown. I support his idea. And I damn sure support his economic policies and anti-establishment/anti PC rhetoric.
LOL. Seriously? A rich guy supports trump?? Stop the presses.
Wasn't my point, asswipe.

Sure it was. You pointed to a single person who happens to be rich and think that somehow disproves the notion that Trump is supported by the uneducated.

Thanks for the laugh Turnip.
My point was that Carl is fuckin smart as a whip, obviously.
Why don't you try to think, dumbfuck? Just fuckin try it? Just fuckin once?

You think when people say trumps supporters are uneducated that means EVERY. SINGLE. ONE? Really? Like I said, your retarded fucking thread only proves that Trumps supporters are indeed idiots.
 
If you believe that what Trump says is what he believes......you are stupid. You might be educated.....or wealthy.....but you are not intelligent.

That said....I am pleased to see that so many nutbags are supporting the only GOP candidate who won't try to govern with a bible in one hand and a red pen in the other.

He's the most liberal of the bunch.
 
Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.
I support Trump over cankles. I would support a homeless crackhead over cankles. However, I don't necessarily support trump. He is a fuckin clown. I support his idea. And I damn sure support his economic policies and anti-establishment/anti PC rhetoric.
LOL. Seriously? A rich guy supports trump?? Stop the presses.
Wasn't my point, asswipe.

Sure it was. You pointed to a single person who happens to be rich and think that somehow disproves the notion that Trump is supported by the uneducated.

Thanks for the laugh Turnip.

Well...ummm I am well off, my husband is an attorney who was the Mayor, and I have my masters in addiction counseling..my house is multi millions, I live in the most desired place in the world..And I support Trump, my friends support Trump ...why because of the Big Corruption in Government..You have you be Uneducated to not see that..

.

Trump is part of that corruption. The paying part. Is that really much better?
 
Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.
I support Trump over cankles. I would support a homeless crackhead over cankles. However, I don't necessarily support trump. He is a fuckin clown. I support his idea. And I damn sure support his economic policies and anti-establishment/anti PC rhetoric.
LOL. Seriously? A rich guy supports trump?? Stop the presses.
Wasn't my point, asswipe.

Sure it was. You pointed to a single person who happens to be rich and think that somehow disproves the notion that Trump is supported by the uneducated.

Thanks for the laugh Turnip.

Well...ummm I am well off, my husband is an attorney who was the Mayor, and I have my masters in addiction counseling..my house is multi millions, I live in the most desired place in the world..And I support Trump, my friends support Trump ...why because of the Big Corruption in Government..You have you be Uneducated to not see that..

.
so you're a pretentious conspicuous consumer ?
here's a line from a song that is appropriate " you can be stupid and be a million fuckin' aire"
 
LOL. Seriously? A rich guy supports trump?? Stop the presses.

Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.

Under educated does not mean stupid. People formally uneducated usually teach themselves to skills that they perform better than college educated incompetent dunces.

Uneducated people support Donald Trump.

Stupid people support Hillary Clinton.
 
Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.
I support Trump over cankles. I would support a homeless crackhead over cankles. However, I don't necessarily support trump. He is a fuckin clown. I support his idea. And I damn sure support his economic policies and anti-establishment/anti PC rhetoric.
LOL. Seriously? A rich guy supports trump?? Stop the presses.
Wasn't my point, asswipe.

because her legs are more important than intellect and experience, right?

sorry, I'm pretty sure your white supremacist isn't going to get the white house.

but thanks for the constant drumbeat.

*shrug*
 
LOL. Seriously? A rich guy supports trump?? Stop the presses.

Let me guess, you support Trump? Because if you do, your post just reinforces the fact that the uneducated support Trump.

Under educated does not mean stupid. People formally uneducated usually teach themselves to skills that they perform better than college educated incompetent dunces.

Uneducated people support Donald Trump.

Stupid people support Hillary Clinton.
false.
 
Another fake story blown out from the fucking Koch brothers trying anything to get Trump out of the way..I hate those guys..
Its from more than them. The left drools over this fallacy as well.
false! the right has the lion's share of droolers
retarded-boy.gif
 

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