Dumb things conservatives say:

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Originally Posted by time4fun

No, actually, Back is not an idiot. The bankruptcy piece was brought up to question the credit Trump was getting in this thread for his business "success". Pointing out that his business has filed Ch 11 four times (which, as I mentioned previously is more than any other major US company in the last 30 years) is a completely valid counterexample.

*You* chose to make a distinction between personal and business bankruptcy, but actually that distinction is totally irrelevant in this case. Whether it's his personal bankruptcy or that of the business he was a majority shareholder in, it's still evidence that calls into question his business success.

If you wanted to question the counterexample Back gave you, there were ways to do it. But taking the relevance of the distinction between his personal and business bankruptcies for granted wasn't one of them.

And the fact that you still don't get that isn't backing up anything except that you aren't half as smart as you think you are.

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Trump doesn't have a single business, he owns/runs several of them and every bankruptcy filing was for a different company so to say that four bankruptcies is more than any other major company is stupid because you are comparing his four companies to single companies.

I also like how someone who literally turned millions into billions can't be considered successful because some of his companies have filed for bankruptcy over the past couple of decades. But do go on telling us how Back isn't an idiot for literally saying Trump filed for bankruptcy.

If your goal is to take Back's crown as dumbass of the PC then you are doing a fine job.

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Originally Posted by Back

Can we be serious for a minute?

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I know I can't.

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Originally Posted by Tgo01

Trump doesn't have a single business, he owns/runs several of them and every bankruptcy filing was for a different company so to say that four bankruptcies is more than any other major company is stupid because you are comparing his four companies to single companies.

I also like how someone who literally turned millions into billions can't be considered successful because some of his companies have filed for bankruptcy over the past couple of decades. But do go on telling us how Back isn't an idiot for literally saying Trump filed for bankruptcy.

If your goal is to take Back's crown as dumbass of the PC then you are doing a fine job.

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You do realize that Trump Hotels and Casino Resorts is the business entity of Trump's investments, right? He consolidated his primary hotels into it (including the business from his first Ch 11), and Trump Hotels and Casino Resorts ends up being the major shareholder of Trump's other companies (And by major, I mean THCR can own as much as 99% of "another" business- like, say, Trump Atlantic Associates). You saying that they were separate businesses just means you don't really understand how this all works (and how Trump has managed to ensure his personal finances aren't impacted when he runs a business into the ground). If you're going to argue that Trump Hotels and Casino Resorts, for example, is a wholly separate entity in all practical terms from Trump Atlantic Associates, then you're genuinely just lost in big picture of the debate at hand.

And the ultimate point here is that Trump manages to do well **FOR HIMSELF**. He has screwed over several businesses and countless individuals over the years on his way to his fortune. A man who saves his own skin at the expense of others is *not* Presidential. Back's point about the bankruptcies was intended to demonstrate that his "financial success" isn't "success" that one would count as an advantage in a Presidential candidate.

It's also extremely telling that I had to point this out to you.

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Originally Posted by time4fun

You do realize that Trump Hotels and Casino Resorts is the business entity of Trump's investments, right? He consolidated his primary hotels into it (including the business from his first Ch 11), and Trump Hotels and Casino Resorts ends up being the major shareholder of Trump's other companies (And by major, I mean THCR can own as much as 99% of "another" business- like, say, Trump Atlantic Associates). You saying that they were separate businesses just means you don't really understand how this all works (and how Trump has managed to ensure his personal finances aren't impacted when he runs a business into the ground). If you're going to argue that Trump Hotels and Casino Resorts, for example, is a wholly separate entity in all practical terms from Trump Atlantic Associates, then you're genuinely just lost in big picture of the debate at hand.

And the ultimate point here is that Trump manages to do well **FOR HIMSELF**. He has screwed over several businesses and countless individuals over the years on his way to his fortune. A man who saves his own skin at the expense of others is *not* Presidential. Back's point about the bankruptcies was intended to demonstrate that his "financial success" isn't "success" that one would count as an advantage in a Presidential candidate.

It's also extremely telling that I had to point this out to you.

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Trump Hotels and Casino Resorts was founded in 1995, two of his business bankruptcies had already happened by then.

Also that's an interesting theory you got going there. So if a founder of Google had started a business prior to founding Google and that company went bankrupt, it's fair to say Google has filed for bankruptcy before?

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Originally Posted by Tgo01

Trump Hotels and Casino Resorts was founded in 1995, two of his business bankruptcies had already happened by then.

Also that's an interesting theory you got going there. So if a founder of Google had started a business prior to founding Google and that company went bankrupt, it's fair to say Google has filed for bankruptcy before?

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No shit sherlock. He folded several existing companies into Trump Hotels and Casino Resorts- **including the ones that had already filed for Ch 11**.

How is this proving that these were all separate companies again?

And I don't think you understand what Ch 11 bankruptcy is. It's restructuring. The businesses didn't go out of business as a result of filing. Ch 11 is what you file if you want to keep operating but want to shed most of the debt. (Which is smart when you're the wealthiest person involved in the business since all of the creditors would just come back to you- hence why Trump has used it 4 times). So this is not an example of someone who had a failed business and then moved on to an entirely new one. Your analogy isn't analogous at all.

So...since the companies filed for bankruptcy prior to coming under the umbrella corporation...it counts as the new umbrella corporation filing for bankruptcy?

So if Google acquires 10 companies that had filed for bankruptcy before it means Google filed for bankruptcy 10 times?

I also don't know where you got the idea I don't know what chapter 11 means, I'll guess it's just a cheap ad hominem since you are failing so hardcore right now.

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Originally Posted by Tgo01

So...since the companies filed for bankruptcy prior to coming under the umbrella corporation...it counts as the new umbrella corporation filing for bankruptcy?

So if Google acquires 10 companies that had filed for bankruptcy before it means Google filed for bankruptcy 10 times?

I also don't know where you got the idea I don't know what chapter 11 means, I'll guess it's just a cheap ad hominem since you are failing so hardcore right now.

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If Google owned all of those companies originally, then *yes*.

Trump didn't acquire new companies, he consolidated existing ones. Once again, your analogy isn't analogous.

And ultimately, nothing you are saying comes anywhere close to calling into question the original point- which was that these bankruptcies very much reflect on Trump's "success" even though they weren't personal bankruptcies.

If the point of these latest Trump postings is to convince someone that Trump shouldn't be President...well I have been saying that ever since I realized that his running for President wasn't some sort of joke...

...and maybe it actually still is...but the joke is on the Republican party...

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Originally Posted by time4fun

If Google owned all of those companies originally, then *yes*.

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The mental gymnastics you are engaging in to defend your argument is nothing short of amazing.

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Originally Posted by time4fun

Trump didn't acquire new companies, he consolidated existing ones. Once again, your analogy isn't analogous.

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Trump didn't acquire new companies? That's another interesting theory you have.

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Originally Posted by time4fun

And ultimately, nothing you are saying comes anywhere close to calling into question the original point

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Who gives a shit? Did I say anything about anything else? I have been very consistent in my arguments here, something you should look into perfecting yourself. I am just attempting to clarify the murky "facts" being thrown around.

Back said Trump filed for bankruptcy 4 times, I said he didn't, you even went on to say I was right but at the same time tried to throw a bunch of bullshit into the argument such as Trump " has the dubious distinction of owning the company that has filed for more Ch 11 Bankruptcies in the last 30 years than any other major US company."

I pointed out the very real fact that it wasn't "the company", it was several different companies. You then proceeded to contort this argument into such an unrecognizable shape that even Gumby is like "What the fuck?"

And Gumby often engaged in acts such as this:

https://floogee.files.wordpress.com/...umbypokey1.jpg

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Originally Posted by time4fun

If Google owned all of those companies originally, then *yes*.

Trump didn't acquire new companies, he consolidated existing ones. Once again, your analogy isn't analogous.

And ultimately, nothing you are saying comes anywhere close to calling into question the original point- which was that these bankruptcies very much reflect on Trump's "success" even though they weren't personal bankruptcies.

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So.. in your mind, anyone who has ever filed for corporate bankruptcy automatically isn't successful?

I hope this hilarity continues into Wednesday.. I'll be needing some entertainment today as I have a ton of boring ass computer work to do.