Trump the scofflaw

gotsnowgotslush

skates like Eck
Joined
Dec 24, 2007
Posts
25,720
Following the law of the land, is for little unimportant people.

Trump told a House Natural Resources subcommittee on Indian affairs that the people running tribal casinos “don’t look like Indians to me.” Eight years later, he defended that comment, adding that Indian casinos were “a scam” and that “Indian reservations really have hurt other places, like Las Vegas and like Atlantic City, which pay a lot of tax.”

http://www.theatlantic.com/politics/archive/2016/10/donald-trump-scandals/474726/

"...after insisting that his major qualification to build a new casino in Atlantic City was that he wouldn’t need to use junk bonds, Trump used junk bonds to build Trump Taj Mahal. "

"Trump’s Atlantic City casinos, the Trump Plaza, went bust after losing more than $550 million."

"By the time all was said and done, he had some $900 million in personal debt."
He used the $900 million dollar loss to avoid paying taxes for years.

Trump Hotels and Casino Resorts was $1.8 billion in debt. The company filed for bankruptcy and emerged as Trump Entertainment Resorts. Trump himself was the chairman of the new company, but he no longer had a controlling stake in it.

Five years later, after the real-estate collapse, Trump Entertainment Resorts once again went bankrupt. Trump resigned from the board, but the company retained his name. In 2014, he successfully sued to take his name off the company and its casinos—one of which had already closed, and the other of which was near closing.


"I’ve used the laws of this country to pare debt.”

Donald Trump

https://www.buzzfeed.com/kendalltag...ruptcy-filings?utm_term=.bh5P5GzkB#.jhGeR7Qnl


The Post reported that, in the Taj Mahal Casino bankruptcy, large institutions took the biggest losses, but “many small-time investors who had bought the bonds, directly or through retirement funds, also suffered losses … so did the small-business owners who sold Trump paint, equipment, food, limousine services, and much more. Many were eventually paid only a fraction of what they were due.”


A New York Times review of the court records, as well as other filings, found that despite his claims to the contrary, there is “little doubt that Mr. Trump’s casino business was a protracted failure.”


“Don’t forget, I’m the king of debt, I love debt,” he told Wolf Blitzer of CNN in May.

Tim L. O’Brien, executive editor at Bloomberg View and author of TrumpNation: The Art of Being The Donald, reported that Trump had a very different view of bankruptcy a decade ago. He “told me that he wanted to avoid bankruptcy at all costs because he felt that it would permanently taint him as a failure or a quitter,” O’Brien wrote.

gsgs comment-

Is there anything that Trump is involved in, that is not a scam ?
Trump wants everything for free. He gets it for free.

Everyone pays for what Trump wants,one way or another.

Some are paying with their lives.
 
Disenfranchised
I am an ancient wench.
I was born in 1954.

I watched corporations gain advantage over local businesses, through change in laws.

Sell out, and become a subsidiary, or die. Or, die anyway. Because it is more efficient and profitable to move the local source away.

A real place, with real people, and real jobs, becomes a phantom on paper to be manipulated.

Then, afterwards, the workers themselves became phantoms.
What was fought for with blood and deaths,
was given away by officials with lobbyists.

McJob 2016

Level of education does not matter.
Just another interchangeable component.


The first warning flag was advice from Wall Street, to outsource.
Is it not amusing, that people bought into Wal-Mart because they promised to carry American made goods ?


First rule of commerce. Lie. Second rule, deceive. Third rule, steal.

This is America.

A "corporate person" will never go to jail.
They do not have a body to put in a cell.


The dividing line appears.
A corporation must match the strength and wealth of other major corporations.
Ethical and moral concerns cannot be answered, until the corporation reaches the "too big to fail" proportions.

Wells Fargo’s 2015 profits of $20 billion
Golden parachutes provided for, with crime money.
5,300 people lost their jobs.
There is no safety net for workers that want to be honest.
Choose between becoming homeless or becoming a criminal.
Worker is told that they are one in 100,000 workers.
(Were the thousands cooperating with the fraud due to be throw overboard, anyway ? Were they used and abused, before the company streamlined ? In that case, this is colder than forcing a small.local company out. Stripping a company of its assets is cold, but stripping a person of their dignity , reputation, and future by pressuring them into theft is beyond belief.)

Fagin ?

(Hah! Spellcheck wants Calvin. Arsehole =Marseille! *sigh*)

185 million dollar fine for a company with trillions in assets, for this.


"Banks are supposed to help protect their customers from fraud and identity theft; Wells Fargo was actively committing fraud and identity theft. They were reaching into their own customers’ pocketbooks to pad their bottom line. "

Fraud Smaud!
"Sue me," laughed Trump.

Economy
The social safety net is in tatters. No jobs are safe. Who is to blame — and what has the anxiety done to us all ?

http://www.salon.com/2014/08/02/how_...urity_economy/

Loking to assemble an arsenal to compete against powerful technology titans Google and Apple, telephone giant AT&T is scrambling to seal a massive deal to buy a crown jewel of media — Time Warner Inc.

Time Warner owns HBO, CNN, TBS, TNT, Cartoon Network and Hollywood’s biggest television and film studio, Warner Bros. It has formidable programming, including the Harry Potter film franchise, DC Comics, blockbuster television shows such as “The Big Bang Theory” and “Game of Thrones,” and classic cartoon characters like Bugs Bunny.

Earlier this year, competing mobile phone carrier Verizon Communications agreed to pay $4.8 billion for Yahoo’s core assets.


http://www.latimes.com/entertainment...nap-story.html
 
Trump also has no problem pretending he sent his private jet (24 seats) to ferry home over 100 stranded soldiers in '91 when in fact it was a plane from his bankrupt airline (under contract to the military) that flew them home.
 
Trump lied. Forced others to lie. Libel against others. Cheated. Fraud. Theft.

Utterly corrupt.

He sued when he was losing, in order to make everything worse.

We know about victims of corporations that drag on cases until the victim dies.

Trump just drags them on until they run out of money.

How does he do it ?


Newsweek has listed and detailed emails and documents that Trump destroyed.

http://www.newsweek.com/2016/11/11/donald-trump-companies-destroyed-emails-documents-515120.html

Trump and entities he controlled also erected numerous hurdles that made lawsuits drag on for years, forcing courtroom opponents to spend huge sums of money in legal fees as they struggled—sometimes in vain—to obtain records.

http://littlegreenfootballs.com/page/321894_Donald_Trumps_Companies_Destro

Trump's strategy, which Eichenwald describes as "deny, impede and delay, while destroying documents the court had ordered them to hand over," has been effective ever since, and even more so when the plaintiffs are private citizens.


3,500 Trump lawsuits

1973 -2016

After over six months of delays, Trump finally admitted in a deposition that, as Eichenwald notes:

"...under subpoena, Trump appeared for a short deposition. When asked about the missing documents, he made a shocking admission: The Trumps had been destroying their corporate records for the previous six months and had no document-retention program. They had conducted no inspections to determine which files might have been sought in the discovery requests or might otherwise be related to the case. Instead, in order to “save space,” Trump testified, officials with his company had been tossing documents into the shredder and garbage."


In one case, he repeatedly denied even having a server.

That was false …

What happened with Trump’s servers? Destroyed. The emails? Destroyed. And all of it while in the middle of a legal action where the emails had been subpoenaed.

Donald Trump knows about destroying evidence. It’s Trump’s reaction to everything. Because Donald Trump knows that when evidence of his actions becomes public, it’s always an issue.

Computer of a key witness disposed. Nothing saved.

When litigation is filed or even contemplated, scrupulous lawyers and corporations immediately impose document-retention programs or require that any shredding or disposing of records be halted. Courts have handed down severe sanctions or even criminal charges of obstruction of justice against executives and companies that destroyed records because they knew they were going to be sued.

http://www.dailykos.com/story/2016/...ordings-documents-in-defiance-of-court-orders


Trump makes much of the 30,000 personal emails that were judged by the investigation to be Hillary's personal email.


The allegation—which the FBI concluded was not supported by any evidence—is a crowd-pleaser at Trump rallies, often greeted by supporters chanting, “Lock her up!”
 
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