it would reveal that Obama's presidency has been an economic disaster
I guess you don't remember what an "economic disaster" actually looks like. It has been eight years since we've seen one, so I guess it's understandable.
If you are not well-read in the Bible you will not understand what is happening to the world. It is both an exhilarating and terrifying time to be alive. I look across the world and see so many lost souls rejecting love and truth in favor of lies and hate. Unless we are capable of a perfect life lived before a perfect God, the blood of Jesus is our only salvation. Seek him while you can...
Wrong! #CrookedJesus is a big loser and also a Jew (which is fine) but believe me, he had terrible ratings. Terrible ratings. And he didn't have my temperament and stamina. If you want to be messiah, you've got to have stamina. I said, stamina. I prefer my messiahs not to get captured by Romans and crucified, all right? Sad!
I was going to say something very rough about Jesus and a prostitute. Very rough. But I'm not going to go there, all right?
Not defending Trump here, but I think the primary reason is he invested heavily in gambling-mecca-hopefuls like Atlanta and New Jersey. These turned out to be bad bets for a lot of people, as these places couldn't compete with Vegas.
As the industry suffered in those places, the long term valuations of those places would be written down quickly, so it's really not surprising to lose $1B when marking down assets of those size.
If we were talking about the mid to late-2000s, you would be right. But losing money with casinos in the 1990s is like losing money selling cocaine in Miami in the 1980s.
I predict this thread will be full of alt-right jackoffs who don't understand how the internet works and who for some reason hate the idea of privatizing ICANN, but have been hollering for the US Postal Service to be privatized for decades.
What's next, confused alt-righters? You gonna argue for nationalizing the energy industry, phone companies and ISPs too? Make up your goddamn minds.
That's ultimately the problem - the middle class is getting screwed royally. That's why Trump is so popular.
He's popular because he pays no taxes? How does he expect to pay for that big military build-up he's promoting?
Let's not bullshit. He's popular because he's a straight-up bigot. He's popular because he's a bully and half the people will always love a bully, hoping against hope that he won't pick on them. He's popular because he's on TV.
Casinos go bankrupt all the time you ignorant twat.
They don't go bankrupt "all the time", and they definitely don't go bankrupt in the 1990s, unless they're run by Donald Trump. Why don't you give us a list of major casino/hotel complexes that went bankrupt in the 1990s?
Without seeing the full release, you can't provide any judgement about what happened.
Good point. It's why Trump needs to release his taxes. Remember, his business experience is the only metric by which we can judge him. Well, that and his insane 3am rage-tweets.
What is it with you people about him not wanting to release his taxes while he is under an active audit? Don't give me that BS about there is no IRS restriction either. While there is no explicit IRS restriction, his tax lawyers are smart in advising him not to disclose until the audit is complete. No different than when your lawyer tells you not to discuss anything during an active investigation.
When he decided to run for president, I guess there was no way he could have known he'd be expected to release his tax returns.
I just want to point out to everyone that "American Third Position" is an actual neo-Nazi white supremacist organization. If you don't believe me, go look for yourself.
Well, if he didn't lose the money and still claimed the loss on his income tax, we have a whole different discussion, involving lengthy prison sentences. One thing for sure: we now know why Trump has been so adamant about not releasing his tax returns.
If you read the Wikipedia page you cited, it doesn't say anything about rich people leaving the country in the years the top tax rate was 90%.
If you want to argue that well, "nobody actually paid the top rate", then the same could be said for today. Because, even with all the pissing and moaning from right conservatives about taxes, taxation in the US is really not that high (as shown by your own citation).
Now that is an interesting question. Remember, Donald Trump's only public record is as a businessman. He's never held any public office. So his record as a businessman is the only data we have to evaluate him.
At very least, a businessman who loses almost a billion dollars running a fucking casino had better be prepared to answer other questions about his skill at business.
woosh
I guess you don't remember what an "economic disaster" actually looks like. It has been eight years since we've seen one, so I guess it's understandable.
Who do you think has to pay the taxes that he didn't? He doesn't only actively work against you, he thinks your stupid, too.
Wrong! #CrookedJesus is a big loser and also a Jew (which is fine) but believe me, he had terrible ratings. Terrible ratings. And he didn't have my temperament and stamina. If you want to be messiah, you've got to have stamina. I said, stamina. I prefer my messiahs not to get captured by Romans and crucified, all right? Sad!
I was going to say something very rough about Jesus and a prostitute. Very rough. But I'm not going to go there, all right?
Wow, sick burn, dude. I don't think chill (34294) will ever recover from that witty reposte.
No, but he was the only one to do it in 1995.
The difference is that the ones Hillary employed actually got paid. Donald Trump? Not so much.
http://www.wsj.com/articles/do...
http://www.vanityfair.com/news...
http://www.foxnews.com/politic...
Commercial real estate was rebounding like crazy in '94 and '95. Vacancies were at their lowest point in 15 years.
Nobody was losing money on real estate in 1995.
If we were talking about the mid to late-2000s, you would be right. But losing money with casinos in the 1990s is like losing money selling cocaine in Miami in the 1980s.
I agree with you, phantomfive. Taxes in the US aren't as high as people on the right constantly complain. That's why rich people aren't leaving.
I predict this thread will be full of alt-right jackoffs who don't understand how the internet works and who for some reason hate the idea of privatizing ICANN, but have been hollering for the US Postal Service to be privatized for decades.
What's next, confused alt-righters? You gonna argue for nationalizing the energy industry, phone companies and ISPs too? Make up your goddamn minds.
They'd need permission from the SEC to do that.
That market shift you're talking about didn't happen until a decade later. Casinos in the '90s did very well, no matter where they were.
Watching Better Call Saul is not the same as actually checking with an attorney.
He's popular because he pays no taxes? How does he expect to pay for that big military build-up he's promoting?
Let's not bullshit. He's popular because he's a straight-up bigot. He's popular because he's a bully and half the people will always love a bully, hoping against hope that he won't pick on them. He's popular because he's on TV.
You're right. Cocaine is a hell of a drug.
Let's talk about falsehoods:
This is what you said,
They don't go bankrupt "all the time", and they definitely don't go bankrupt in the 1990s, unless they're run by Donald Trump. Why don't you give us a list of major casino/hotel complexes that went bankrupt in the 1990s?
The prosecution rests.
Good point. It's why Trump needs to release his taxes. Remember, his business experience is the only metric by which we can judge him. Well, that and his insane 3am rage-tweets.
When he decided to run for president, I guess there was no way he could have known he'd be expected to release his tax returns.
http://www.mediaite.com/online...
Nobody has to "smear" Donald Trump with BS. He does it himself so much it's made his skin orange.
Most people who live in Texas come from somewhere else.
I'm one of them, too.
I just want to point out to everyone that "American Third Position" is an actual neo-Nazi white supremacist organization. If you don't believe me, go look for yourself.
Yes, they come here to Slashdot, too.
Yes, the poorly run ones.
Poorly run, as I said.
Well, if he didn't lose the money and still claimed the loss on his income tax, we have a whole different discussion, involving lengthy prison sentences. One thing for sure: we now know why Trump has been so adamant about not releasing his tax returns.
If you read the Wikipedia page you cited, it doesn't say anything about rich people leaving the country in the years the top tax rate was 90%.
If you want to argue that well, "nobody actually paid the top rate", then the same could be said for today. Because, even with all the pissing and moaning from right conservatives about taxes, taxation in the US is really not that high (as shown by your own citation).
Now that is an interesting question. Remember, Donald Trump's only public record is as a businessman. He's never held any public office. So his record as a businessman is the only data we have to evaluate him.
At very least, a businessman who loses almost a billion dollars running a fucking casino had better be prepared to answer other questions about his skill at business.
Doesn't that sound relevant to you?