Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Justice

(7,188 posts)
Wed Jun 17, 2015, 10:38 AM Jun 2015

Why Trump represents all that is wrong in the U.S.


Trump brags about HIS net worth. He is so proud of it and believes that someone with a high net worth should be president. He shoves his net worth down your throat. He believes his enormous net worth is his qualification to be president.

Whether Donald Trump is worth nearly $9 billion dollars (his claim) or $4 billion (Forbes list), the real question is how is Trump worth anything? Trump has gone thru 4 rounds of corporate bankruptcy. Yet, he still winds up a multi-billionaire? How?

The answer is he never filed personal bankruptcy, which is what most "ordinary Americans" who file bankruptcy do. Bankruptcy is supposed to provide a fresh start. Yet, due to changes in the law over the last 20 or so years, bankruptcy is far less forgiving to "ordinary people." There is no fresh start for them. They are not able to wipe away their credit card debt, health care bills, student loans or mortgage payments - or stop the foreclosure of their home.

A great post from 2014 by Robert Reich highlights the unfairness in our bankruptcy system and how Trump gets richer and the ordinary person suffers. http://robertreich.org/post/98079430765

So who pays for Trump's poor business decisions if not him?

"Ordinary people" perhaps? A redistribution of wealth from the ordinary to the Trumps of the world?

And how is it that when Trump talks about his wealth, he uses the personal pronouns - my, me, I and when he incurs debt for his businesses who then go under and file bankruptcy, it is all them, it, they?


9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Why Trump represents all that is wrong in the U.S. (Original Post) Justice Jun 2015 OP
He is a criminal and cons love criminals. randys1 Jun 2015 #1
It's odd how some people worship people like Trump Rosa Luxemburg Jun 2015 #2
They think that some of his wealth will rub off onto them Rosa Luxemburg Jun 2015 #8
Trump is toast SmittynMo Jun 2015 #3
Preaching to the choir davidpdx Jun 2015 #4
He refuses toupee his fair share of taxes. kairos12 Jun 2015 #5
If you want to read about an Independent that has real ideas on how to fix government go here teleman328 Jun 2015 #6
Is she a lefty? nt cyberswede Jun 2015 #7
I'm betting SmittynMo Jun 2015 #9

SmittynMo

(3,544 posts)
3. Trump is toast
Wed Jun 17, 2015, 12:04 PM
Jun 2015

I hope he wastes billions to run. That may help the economy.

I can see him on the clown bus now yelling and screaming at all his competitors. And by the way, Bush, you're fired!!!!

davidpdx

(22,000 posts)
4. Preaching to the choir
Thu Jun 18, 2015, 08:53 AM
Jun 2015

Those of us with student loans can't declare bankruptcy, yet "The Donald's" company has been through numerous bankruptcies. If corporations are people like the US Supreme Court claimed then they should be subject to the same strenuous bankruptcy laws we are. It's hypocrisy at its finest.

teleman328

(1 post)
6. If you want to read about an Independent that has real ideas on how to fix government go here
Fri Jun 19, 2015, 03:16 PM
Jun 2015
http://www.vote4lynn2016.com/

Lynn S Kahn has a 7 track plan to fix government and build peace.

I thought the ideas expressed made a lot of sense in our world of broken politics.
I hope that Bernie or Hillary pickup some of those ideas and policies as I think it is going very hard to run as an independent.

SmittynMo

(3,544 posts)
9. I'm betting
Sat Jun 20, 2015, 10:54 AM
Jun 2015

this is all a stunt for recognition. He has 120 days to file. I'm guessing he won't file and make a mockery of our election system. This guy is totally unelectable.

Latest Discussions»Retired Forums»2016 Postmortem»Why Trump represents all ...