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baseman posted:

And all this time Obama said they are just a "JV Team"!!!

The holes in the heads are the heads of 10s of thousands of Christians, Shia and other "infidels" in territory under the control of ISIS!!

The hole in G W Bush's head led to all this. Is that why you stopped using his avatar? I presume after Hillary hands Trump his head in November you will drop his avatar like a hot potato. I'll be interested to see whose avatar you use next.

Kari
baseman posted:
Kari posted:
baseman posted:

And all this time Obama said they are just a "JV Team"!!!

The holes in the heads are the heads of 10s of thousands of Christians, Shia and other "infidels" in territory under the control of ISIS!!

The hole in G W Bush's head led to all this. Is that why you stopped using his avatar? I presume after Hillary hands Trump his head in November you will drop his avatar like a hot potato. I'll be interested to see whose avatar you use next.

No, I stopped because Trump is now the new sheriff in town.  One cannot have two at the same time.  I also once had our first dear leader, LFSB!!

You will see who my next Avatar will be, in time.  I keep up with the times!!!

And it will not be that "flying jackass" that Stromy sports!!

Can you please use a "flying cow calf"? I don't want Warria to feel disappointed.

FM
baseman posted:
Kari posted:
baseman posted:

And all this time Obama said they are just a "JV Team"!!!

The holes in the heads are the heads of 10s of thousands of Christians, Shia and other "infidels" in territory under the control of ISIS!!

The hole in G W Bush's head led to all this. Is that why you stopped using his avatar? I presume after Hillary hands Trump his head in November you will drop his avatar like a hot potato. I'll be interested to see whose avatar you use next.

No, I stopped because Trump is now the new sheriff in town.  One cannot have two at the same time.  I also once had our first dear leader, LFSB!!

You will see who my next Avatar will be, in time.  I keep up with the times!!!

And it will not be that "flying jackass" that Stromy sports!!

It is a dragon monkey!!!

FM
baseman posted:
Stormborn posted:
baseman posted:

No, I stopped because Trump is now the new sheriff in town.  One cannot have two at the same time.  I also once had our first dear leader, LFSB!!

You will see who my next Avatar will be, in time.  I keep up with the times!!!

And it will not be that "flying jackass" that Stromy sports!!

It is a dragon monkey!!!

Dragon Monkey?   I never heard of that combo!! 

Ha ha...Dragon, you Monkey. Thank you for the cue that you, as usual, need some clarification

FM
Kari posted:
. Trade deficits have to be understood as inflows of investment to the US economy over its savings rate.

 

Trade deficits are when the USA buys more than it sells.  Nothing to do with net inflows of foreign capital.

Now as to Trump.  Well when Americans display a willingness to pay higher prices for US made good, rather then buying cheaper imports, then jobs will no longer be shipped abroad.

So no Trump CANNOT wave his magic hand (the one which Rubio is obsessed with---homoerotic attraction maybe) and have jobs return to the USA.

What Trump, Sanders, and the other nativist need to study is why Germany, smaller than the USA, exports more industrial products.

All a trade war will bring is retaliation.

FM
caribny posted:
Kari posted:
. Trade deficits have to be understood as inflows of investment to the US economy over its savings rate.

 

Trade deficits are when the USA buys more than it sells.  Nothing to do with net inflows of foreign capital.

Now as to Trump.  Well when Americans display a willingness to pay higher prices for US made good, rather then buying cheaper imports, then jobs will no longer be shipped abroad.

So no Trump CANNOT wave his magic hand (the one which Rubio is obsessed with---homoerotic attraction maybe) and have jobs return to the USA.

What Trump, Sanders, and the other nativist need to study is why Germany, smaller than the USA, exports more industrial products.

All a trade war will bring is retaliation.

Trade deficits are when the USA buys more than it sells.  Nothing to do with net inflows of foreign capital.

 

Okay - you're right, strictly speaking. I was tying the overall importance of the merchandise trade deficit to net income flows. The US running  merchandise deficits year after year works as a locomotive for the global economy.

Kari

The bigger point is that the post I was responding to made it seems as if only Obama had trade deficits and that it was necessarily a bad thing.

I'd like to hear your views on that after you spent so much time with the technical definition of merchandise trade deficits. BTW one could argue that services, including the financial and capital services industry should be taken in the overall picture of deficits.

Kari
baseman posted:
caribny posted:
Kari posted:
. Trade deficits have to be understood as inflows of investment to the US economy over its savings rate.

 

Trade deficits are when the USA buys more than it sells.  Nothing to do with net inflows of foreign capital.

Now as to Trump.  Well when Americans display a willingness to pay higher prices for US made good, rather then buying cheaper imports, then jobs will no longer be shipped abroad.

So no Trump CANNOT wave his magic hand (the one which Rubio is obsessed with---homoerotic attraction maybe) and have jobs return to the USA.

What Trump, Sanders, and the other nativist need to study is why Germany, smaller than the USA, exports more industrial products.

All a trade war will bring is retaliation.

I agree [in principle] with some of what you say [not meaning your silly Rubio rant].

The US do need to understand why other nations export more than the US.  I can tell you one reason, the US products are very American-centric and many products do not consider the reality of the foreign markets.  I'm not talking military, commercial jets, drugs, etc, but more basic industrial and commercial products.  They tend to be geared to the US market and US infrastructure reality.

Regarding the price to the US consumer of buying cheap, I don't think people understand the price to this society of having large swathes un/underemployed.  The price is very high in terms of welfare, drug, crime and general decay and disenchantment within society.

What do you think is behind the Trump juggernaut?  Don't blame Trump, don't blame the people, don't blame the victim!!!  You of all, should understand this and what it means.  You throw people under the bus due to race.  Newt G was the best champion for prison reform, Trump is the best for blue-collar employment!  You despise them cuz they are "White"!!  Pastor Manning is correct about the likes of you!!

Trump is not a juggernaut. He is an old diesel powered by a third of gullible, marginally educated Republican electorate, hobbling along and dragging the remaining two thirds who hate him over the cliff. It is why they are so intent to save them selves and hope they can derail this derelict vehicle before they fall over.

FM
baseman posted:
Stormborn posted:
baseman posted:
caribny posted:

I agree [in principle] with some of what you say [not meaning your silly Rubio rant].

The US do need to understand why other nations export more than the US.  I can tell you one reason, the US products are very American-centric and many products do not consider the reality of the foreign markets.  I'm not talking military, commercial jets, drugs, etc, but more basic industrial and commercial products.  They tend to be geared to the US market and US infrastructure reality.

Regarding the price to the US consumer of buying cheap, I don't think people understand the price to this society of having large swathes un/underemployed.  The price is very high in terms of welfare, drug, crime and general decay and disenchantment within society.

What do you think is behind the Trump juggernaut?  Don't blame Trump, don't blame the people, don't blame the victim!!!  You of all, should understand this and what it means.  You throw people under the bus due to race.  Newt G was the best champion for prison reform, Trump is the best for blue-collar employment!  You despise them cuz they are "White"!!  Pastor Manning is correct about the likes of you!!

Trump is not a juggernaut. He is an old diesel powered by a third of gullible, marginally educated Republican electorate, hobbling along and dragging the remaining two thirds who hate him over the cliff. It is why they are so intent to save them selves and hope they can derail this derelict vehicle before they fall over.

Well, maybe has more punch than the old clown powered from bio-diesel fermented from maniok root.

And, how come you got missed!!

This far, the derail ain't happen!!!

Who cares? It is not a worry for progressives! It is the GOP trying to save their souls. Trump is going to get beaten in November for sure. Hilliary is going to do a stormdance on his head.

FM
antabanta posted:
yuji22 posted:

Yuji would like to officially announce his endorsement of Donald Trump in his bid for the Presidency of the United States of America.

 This decision was made despite my great admiration for President Bill Clinton. Grandma Hillary is no Bill. She is too woody and scripted. A typical everyday politician who made zero impact in the lives of ordinary Americans since her stint with a community organizer who also misled the American Public and who also failed to raise the standard of living for Americans.

 Grandma Hillary carries baggage which will be addressed by future President Donald Trump. Her failure to bring about a homeland for the People of Palestine and leaving the middle east in a complete mess is her legacy.

Her community organizer boss is equally responsible. The middle east is worse off today as a result of their incompetence. 

The Donald has momentum and that is what matters in politics. In fact, Donald brought out extraordinary amounts of Republican voters last night. He is like an unstoppable train. His victory last night and his speech in Florida revealed a more mature politician.

The Republican establishment was stunned and has chosen a loser Romney to do some dirty mud slinging. Romney’s attempt to stop The Trump Train will be a terrible mistake. It would be wise for the party establishment to accept a Victor.

Pundits and so called experts have all been shown the trash bin after their failure to recognize that Americans want a strong leader. A community organizer failed them and they will not settle for his messenger.

I will provide a more detailed analysis at a later posting.

To all of GNI’s Hillary supporters, good luck. Hope Grandma Hillary does not fall asleep. 

Go Trump Go !

 

Yuji22

Based on the words above, your support seems to be based solely on his momentum? Is that correct?

Please advise. Is there any reason other than momentum why you support Trump?

A
baseman posted:
Stormborn posted:

Well, maybe has more punch than the old clown powered from bio-diesel fermented from maniok root.

And, how come you got missed!!

This far, the derail ain't happen!!!

... Hilliary is going to do a stormdance on his head.

You mean like the terrorists were doing to the dead Americans in Benghazi while she sipped champagne and caviar?

another cobbled up attempt to place blame. It would not work. As I said, she will do a dance on Trump's uninformed ignorant behind.

FM
Kari posted:
 

 

Okay - you're right, strictly speaking. I was tying the overall importance of the merchandise trade deficit to net income flows. The US running  merchandise deficits year after year works as a locomotive for the global economy.

I think that you meant to say balance of payment deficits, where capital net inflows/outflows are considered.  The USA does benefit from foreign investment (portfolio and real assets), which finances any deficits (trade deficits and payments such as interest, dividends, and repatriations to foreign owners).

The US dollar remains the reserve currency, and the USA is seen as the world's most stable economy.  So all those screams from all 3 GOP clowns that the USA is in dire straights look like serious hysteria of a lunatic fringe.  When last have we heard any queries from the EU zone or China that there ought to be a reserve currency other than the US$?

Yes US trade deficits do act as an engine of growth for the global economy, as we have the largest consumer market.  That was the source of China's 10% real growth, which they attained.  High Chinese growth also pulled along commodity producers. Interestingly a slower US economy, with reduced consumption, has slowed Chinese growth, which has dumped Brazil into a recession.

When Bernie, Trump, and Cruz are done with their protectionism, to their chagrin MORE US workers will be unemployed, as other countries retaliate, and as compressed margins, due to the higher cost of imports, result in lower wages, or increased automation, to reduce labor costs.

The lower end of the consumer chain  (Walmart, Costco, etc.) requires cheap imports, so how will Americans react when prices increase by 25%?

What Bernie, Trump, and Cruz need to investigate is why Germany, a smaller economy than the USA, exports all most as much as we do by value. Airbus will be very happy as countries, angered by US protectionism, retaliate by banning Boeing purchases.  Ditto for Caterpillar, etc.

FM
Last edited by Former Member
Kari posted:

, including the financial and capital services industry should be taken in the overall picture of deficits.

By the time that the anti Wall St Bernie, Trump and Cruz finish, we will not have a financial services sector left.  London will take over much of NYC's functions.  And note that financial services are a huge user of IT services, so that goes as well.

Yes the USA does earn quite a bit from our sophisticated financial sector, but stupid politicians don't understand that.

We want to prevent the excess of the 2008 debacle, which was induced by the GOP and the Democrats, who refused to provide proper regulatory oversight of the non banking financial sectors (derivatives, etc) and who didn't demand that banks be adequately capitalized.

But silly Bernie thinks that we will still have a financial sector, based on the old notion of bank deposits used to fund loans.  The big Euro banks will eat the US banks alive, and the US banks will relocate most of their capital markets overseas.

FM
baseman posted:
 

I agree [in principle] with some of what you say [not meaning your silly Rubio rant].

The US do need to understand why other nations export more than the US.  I can tell you one reason, the US products are very American-centric and many products do not consider the reality of the foreign markets.  I'm not talking military, commercial jets, drugs, etc, but more basic industrial and commercial products.  They tend to be geared to the US market and US infrastructure reality.

Regarding the price to the US consumer of buying cheap, I don't think people understand the price to this society of having large swathes un/underemployed.  The price is very high in terms of welfare, drug, crime and general decay and disenchantment within society.

What do you think is behind the Trump juggernaut?  Don't blame Trump, don't blame the people, don't blame the victim!!!  You of all, should understand this and what it means.  You throw people under the bus due to race.  Newt G was the best champion for prison reform, Trump is the best for blue-collar employment!  You despise them cuz they are "White"!!  Pastor Manning is correct about the likes of you!!

1.  Your GOP refused to invest in infrastructure. Most gov'ts can give preference to local manufacturers and can do this while minimizing relation.  But we don't invest, while our highways and bridges crumble (remember that infamous rush hour collapse in Minneapolis a few years back).

2.  Germany provides free, or almost free tertiary level training.  The trade unions focus heavily on making their members more productive.  Not just screaming more pay for less work, as US unions do.

The result is that US workers are uneducated and unproductive, and therefore unable to compete at levels, based on the wages that they demand.  Bernie, Trump and Cruz will create more work for robotics.  But then Germans, Japanese and Chinese will need to be imported, as US workers are too uneducated to be involved in this.

Germany competes because their highly trained and highly skilled work force focus on high end goods, which are beyond the ability of low wages countries to engage in.  The USA cannot because it doesn't invest in its workforce.

Don't scream welfare because our social support structures in the USA are 3rd world.  Daily I see evidence of families reduced to begging because their welfare benefits have run out, and they lack the skills to get the jobs which are available. 

A trip to dying towns in the South and the Midwest will show you that it isn't just blacks who have fallen into this trap. In fact the new "inner city" are the small former factory/mining towns in these regions.  Filled with crime, drug abuse and family dysfunction, all along the lines of what began to occur in the larger cities in the early 60s.

FM

What is behind the Trump juggernaut is plain ignorance.  When ever some one asks Trump for specifics, he assumes the look of a deer in head lights. 

The recent debate was quite educational in the degree to which the mediocre Rubio (genitalia jokes and human waste comments notwithstanding) and Cruz made Trump look stupid.

Now when he has to deal with Hillary (that is if she can fend off Bernie in the Midwest, where her black base will be of less help to her than it was in the South) Trump will look quite stupid.  She describing what she will actually DO, having defined what the problem is.  Trump screaming that Hillary is an old and ugly wench who he will never marry. 

He will NOT be able to claim that she is dishonest, because Trump certainly isn't honest!

GOP fanatics will fall for Trump.  The mainstream suburbanites will NOT fall for him, and in fact are already saying that they have no intention in voting for a buffoon who will reduce the USA into being a laughing stock.

FM
baseman posted:
 

You mean like the terrorists were doing to the dead Americans in Benghazi while she sipped champagne and caviar?

Hillary had Benghazi.  The GOP had 9/11.

We all agree which incident was more damaging to the USA.  There was an intelligence break down that allowed 9/11.  The GOP can scream otherwise but those are the DOCUMENTED facts.

Now we await the crowning of Cruz or Trump, who will allow US based terrorists (both the white supremacists and the jihadis) to walk into a store and buy guns and ammo, because they refuse the most rudimentary of gun controls.

FM
baseman posted:
RiffRaff posted:
Bibi Haniffa posted:

Vish - Trump is very relevant to our system.  America is running a huge trade deficit with other countries right now, the largest in its history.  Jobs are going to Mexico and other places.  ISIS is raging out of control.  Hillary has been in government for how many years and she did not address any of this.  America needs Trump and the people know it.

Trump is good at filing bankruptcy to get out of problems

Trump never filed for bankruptcy.  Companies in which he had an interest and some which Licensed his name did!!  In most or all, he was not even part of their management!!

Baseman, what I am missing here in your claim that "Trump never filed for bankruptcy."  What is this about?

Bankruptcy 1: The Trump Taj Mahal, 1991

The first bankruptcy associated with Trump was perhaps the most significant in terms of his personal finances, according to news reports at the time. He funded the construction of the $1 billion Trump Taj Mahal casino in Atlantic City, which opened in 1990. By 1991, the casino was nearly $3 billion in debt, while Trump had racked up nearly $900 million in personal liabilities, so the business decided to file for Chapter 11 reorganization, according to the New York Times. As a result, Trump gave up half his personal stake in the casino and sold his yacht and airline, according to the Washington Post.

Bankruptcy 2: Trump Plaza Hotel, 1992

Trump acquired the Plaza Hotel in New York for $390 million in 1988. By 1992, the hotel had accumulated $550 million in debt. As a result of the bankruptcy, in exchange for easier terms on which to pay off the debts, Trump relinquished a 49 percent stake in the Plaza to a total of six lenders, according to ABC News. Trump remained the hotel’s CEO, but it was merely a gesture -- he didn’t earn a salary and had no say in the hotel’s day-to-day operations, according to the New York Times.

Bankruptcy 3: Trump Hotels and Casinos Resorts, 2004

Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004 when his casinos -- including the Trump Taj Mahal, Trump Marina and Trump Plaza casinos in Atlantic City and a riverboat casino in Indiana -- had accrued an estimated $1.8 billion in debt, according to the Associated Press. Trump agreed to reduce his share in the company from 47 to 27 percent in a restructuring plan, but he was still the company’s largest single shareholder and remained in charge of its operations. Trump told the Associated Press at the time that the company represented less than 1 percent of his net worth.

Bankruptcy 4: Trump Entertainment Resorts, 2009

Trump Entertainment Resorts -- formerly Trump Hotels and Casinos Resorts -- was hit hard by the 2008 economic recession and missed a $53.1 million bond interest payment in December 2008, according to ABC News. After debating with the company’s board of directors, Trump resigned as the company’s chairman and had his corporate stake in the company reduced to 10 percent. The company continued to use Trump’s name in licensing.

FM
Bibi Haniffa posted:

He never filed for personal bankruptcy.  These are all entities under the Trump Organization with other partners.  On Wall Street the nice word for this is "Restructured Deals."

I guess you didn't read what he wrote.  Here it is:

Trump never filed for bankruptcy.  Companies in which he had an interest and some which Licensed his name did!!  In most or all, he was not even part of their management!!

Bankruptcy is bankruptcy!  Only mismanaged companies file for bankruptcy and the are forced to restructure if allowed.

FM
Last edited by Former Member
Bibi Haniffa posted:

He never filed for personal bankruptcy.  These are all entities under the Trump Organization with other partners.  On Wall Street the nice word for this is "Restructured Deals."

So the fact that his record of failure as a business man doesn't bother you? This when the very reason why you claim that he will be a good president is based on this.

Either Trump is incompetent, or he is a dead beat cheat he refuses to pay his bills.

FM
baseman posted:
Bibi Haniffa posted:

He never filed for personal bankruptcy.  These are all entities under the Trump Organization with other partners.  On Wall Street the nice word for this is "Restructured Deals."

Them don't know the difference!!

Yes we do. Trump is either an incompetent person who runs his companies into the ground, or he raises funding from people, and refuses to pay them back.

FM
caribny posted:
baseman posted:
Bibi Haniffa posted:

He never filed for personal bankruptcy.  These are all entities under the Trump Organization with other partners.  On Wall Street the nice word for this is "Restructured Deals."

Them don't know the difference!!

Yes we do. Trump is either an incompetent person who runs his companies into the ground, or he raises funding from people, and refuses to pay them back.

Why you think they like Jagdeo?  He is a con man just like Trump.

FM
VVP posted:
caribny posted:
baseman posted:
Bibi Haniffa posted:

He never filed for personal bankruptcy.  These are all entities under the Trump Organization with other partners.  On Wall Street the nice word for this is "Restructured Deals."

Them don't know the difference!!

Yes we do. Trump is either an incompetent person who runs his companies into the ground, or he raises funding from people, and refuses to pay them back.

Why you think they like Jagdeo?  He is a con man just like Trump.

Glad that you see the correlation.  Its uncanny.

FM
caribny posted:
Bibi Haniffa posted:

He never filed for personal bankruptcy.  These are all entities under the Trump Organization with other partners.  On Wall Street the nice word for this is "Restructured Deals."

So the fact that his record of failure as a business man doesn't bother you? This when the very reason why you claim that he will be a good president is based on this.

Either Trump is incompetent, or he is a dead beat cheat he refuses to pay his bills.

On Wall Street using Bankruptcy protection is a very common practice to restructure a company.  Even Fortune 500 companies do it.  It doesn't mean that you are poor or you don't have money.  It is part of the business machinery of the financial system.  Many of these companies later emerge from bankruptcy and some even become financial giants again.  Remember what happened in 2008 to the banking system when the housing market crumbled the financial industry.  It is how business works, and the smart ones use the system to their advantage.

Bibi Haniffa
Bibi Haniffa posted:
caribny posted:
Bibi Haniffa posted:

He never filed for personal bankruptcy.  These are all entities under the Trump Organization with other partners.  On Wall Street the nice word for this is "Restructured Deals."

So the fact that his record of failure as a business man doesn't bother you? This when the very reason why you claim that he will be a good president is based on this.

Either Trump is incompetent, or he is a dead beat cheat he refuses to pay his bills.

On Wall Street using Bankruptcy protection is a very common practice to restructure a company.  Even Fortune 500 companies do it.  It doesn't mean that you are poor or you don't have money.  It is part of the business machinery of the financial system.  Many of these companies later emerge from bankruptcy and some even become financial giants again.  Remember what happened in 2008 to the banking system when the housing market crumbled the financial industry.  It is how business works, and the smart ones use the system to their advantage.

The bottom line is that only mismanaged companies file for Bankruptcy protection and they are forced to restructure or be taken over.  I guess you do not know why the banking industry was forced to seek a bailout in 2008?  Read it would help.

FM
Last edited by Former Member
baseman posted:
Bibi Haniffa posted:
caribny posted:
Bibi Haniffa posted:

He never filed for personal bankruptcy.  These are all entities under the Trump Organization with other partners.  On Wall Street the nice word for this is "Restructured Deals."

So the fact that his record of failure as a business man doesn't bother you? This when the very reason why you claim that he will be a good president is based on this.

Either Trump is incompetent, or he is a dead beat cheat he refuses to pay his bills.

On Wall Street using Bankruptcy protection is a very common practice to restructure a company.  Even Fortune 500 companies do it.  It doesn't mean that you are poor or you don't have money.  It is part of the business machinery of the financial system.  Many of these companies later emerge from bankruptcy and some even become financial giants again.  Remember what happened in 2008 to the banking system when the housing market crumbled the financial industry.  It is how business works, and the smart ones use the system to their advantage.

But you dealing with dummies here.  Well, Caribj ain't actually, he just plain arrogant but very slick and getting the sheep to follow him around and bleat.  He knows what you are saying, he really does!!!  He is probably the most sensible guy in town...apart from yours truly, of course!!

Keep talking your jargon.  I don't know who you think you fooling.  Didn't you try to go around selling the lie that you are a CEO?  Well you have to be the first CEO with so much time to spend on this board.  I guess you are the CEO of you church 

FM
Last edited by Former Member

Not only mismanaged companies file for bankruptcy protection.  Market conditions also make this happen.  Was Citigroup a mismanaged company in 2008 when they had to beg the government to bail them out?  No, they weren't.  They were slick like Donald Trump.  They parked up their money in offshore accounts and took the government money and use it.  I am not saying this is right, I am saying it is how business works. 

Bibi Haniffa
Bibi Haniffa posted:

Not only mismanaged companies file for bankruptcy protection.  Market conditions also make this happen.  Was Citigroup a mismanaged company in 2008 when they had to beg the government to bail them out?  No, they weren't.  They were slick like Donald Trump.  They parked up their money in offshore accounts and took the government money and use it.  I am not saying this is right, I am saying it is how business works. 

You simply do not understand what you are talking about.  Go and read up.  I wish TK was here to help you out.  Read about the banking collapse in 2008, start with Lehman Brothers.

FM
baseman posted:
VVP posted:
Bibi Haniffa posted:
caribny posted:
Bibi Haniffa posted:

He never filed for personal bankruptcy.  These are all entities under the Trump Organization with other partners.  On Wall Street the nice word for this is "Restructured Deals."

So the fact that his record of failure as a business man doesn't bother you? This when the very reason why you claim that he will be a good president is based on this.

Either Trump is incompetent, or he is a dead beat cheat he refuses to pay his bills.

On Wall Street using Bankruptcy protection is a very common practice to restructure a company.  Even Fortune 500 companies do it.  It doesn't mean that you are poor or you don't have money.  It is part of the business machinery of the financial system.  Many of these companies later emerge from bankruptcy and some even become financial giants again.  Remember what happened in 2008 to the banking system when the housing market crumbled the financial industry.  It is how business works, and the smart ones use the system to their advantage.

The bottom line is that only mismanaged companies file for Bankruptcy protection and they are forced to restructure or be taken over.  I guess you do not know why the banking industry was forced to seek a bailout in 2008?  Read it would help.

Then you need to go tell that to the US law makers who enacted these laws and the Court system which adjudicates such matters!!

You seem to know what no one realize that even you yourself doesn't know!!  And while you're at it, make sure you b-line to Norway!  Them waiting with bated breath on Amelia!!

More jargon.  $hit as usual.

FM
caribny posted:
Bibi Haniffa posted:
 

On Wall Street using Bankruptcy protection is a very common practice to restructure a company. 

Trump uses bankruptcy to wipe out debt to creditors.  He even boasts about this.

What other companies do is not relevant to this.

What matters is whether the will of the people will push Trump to the presidency. I suspect that you are one of those looking to migrate to Canada in this event. Unfortunately, Canada does not give entitlement benefits to migrants. 

FM
Drugb posted:
caribny posted:
Bibi Haniffa posted:
 

On Wall Street using Bankruptcy protection is a very common practice to restructure a company. 

Trump uses bankruptcy to wipe out debt to creditors.  He even boasts about this.

What other companies do is not relevant to this.

What matters is whether the will of the people will push Trump to the presidency. I suspect that you are one of those looking to migrate to Canada in this event. Unfortunately, Canada does not give entitlement benefits to migrants. 

I do not see anyone quaking. Reasonable people with some modicum of sense are not going to be gulled into handing over the office of the presidency to that fraud. America always stand up and do the right thing when it matters.

FM
Drugb posted:
caribny posted:
Bibi Haniffa posted:
 

On Wall Street using Bankruptcy protection is a very common practice to restructure a company. 

Trump uses bankruptcy to wipe out debt to creditors.  He even boasts about this.

What other companies do is not relevant to this.

What matters is whether the will of the people will push Trump to the presidency. I suspect that you are one of those looking to migrate to Canada in this event. Unfortunately, Canada does not give entitlement benefits to migrants. 

It was once rumoured on GNI that Storm is on the social assistance roll. Canada will not welcome him here.

FM
Sparky posted:
yuji22 posted:

Vish,

I assume that you do not have the power to endorse anyone. 

Watch your language please.

I uphold very high standards on GNI and the esteemed Yuji is a senior, top 5 GNI member.

It is my right to endorse anyone of my choice.

Definition:

en·dorse·ment
inˈdÃīrsmənt,enˈdÃīrsmənt/
noun
1.
an act of giving one's public approval or support to someone or something.
synonyms: support, backing, approval, seal of approval, agreement, recommendation, championship, patronage, affirmation, sanction; informalbuy-in
"the proposal won their overwhelming endorsement"

Saying that you are delusional would be too kind.

Calling him an A-hole would also be too kind.

cain
VVP posted:
Bibi Haniffa posted:

Not only mismanaged companies file for bankruptcy protection.  Market conditions also make this happen.  Was Citigroup a mismanaged company in 2008 when they had to beg the government to bail them out?  No, they weren't.  They were slick like Donald Trump.  They parked up their money in offshore accounts and took the government money and use it.  I am not saying this is right, I am saying it is how business works. 

You simply do not understand what you are talking about.  Go and read up.  I wish TK was here to help you out.  Read about the banking collapse in 2008, start with Lehman Brothers.

What is it that TK can teach me about the American banking system? I was an employee at one of these financial giants when all this was happening.  

Bibi Haniffa

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