Post by David Hartung Post by Matt Post by David Hartung Post by Matt Post by David Hartung Post by Matt Post by David Hartung
After Hurricane Harvey hit Texas, it didn't take long for
climate alarmists to claim they knew all along it would happen.
Politico's Eric Holthaus declared "We knew this would happen,
decades ago." Naomi Klein stated "these events have long been
predicted by climate scientists." Joe Romm at ThinkProgress
wrote, "the fact is that Harvey is exactly the kind of
off-the-charts hurricane we can expect to see more often because
of climate change."
This is why the idea of climate science being "settled" is so
ludicrous, at least as regards the connection between global
warming and tropical cyclones. A settled theory makes specific
predictions that can, in principle, be tested against observed
data. A theory that only yields vague, untestable predictions
is, at best, a work in progress. [...]
The foolishness never seems to end.
Like saying, we don't know if Donald Trump is a complete idiot or
not, or whether his followers are absolute morons.
Yep, these things are hard to determine.
To call a man who has built a number of successful businesses, a
complete moron says more about a lack of intellect on your part
than it does his.
After all, given a million dollars, I couldn't start a successful
business. Nor drive it into the ground and bankrupt it.
But I'm sure you could.
Once again you demonstrate your own lack of intellect.
And you refuse to address the facts.
Did Donald "Cheeto" Trump get a million dollars to start his
Trump graduated from college with a net worth of about a half million
Wrong. Upon graduation is daddy GAVE him
$1 million to play with. That is hardly earned
Post by David Hartung
currently he is estimated to have a net worth of about 3.5
billion. I believe that his business acumen is proven.
If he has so much "business acumen" why doen't
he pay his creditors instead of stiffing them in
Post by David Hartung Post by Matt
Did he drive them into the ground and declare bankruptcy over and over?
How many if Trump's businesses went into bakruptcy, vs how many did he
own at the time?
Bankruptcy No. 1: The Trump Taj Mahal, 1991
He funded the construction of the $1 billion
Trump Taj Mahal casino in Atlantic City, N.J.,
which opened in 1990, primarily with junk bonds
at a whopping 14 percent interest. A year later,
the casino was nearly $3 billion in debt, while
Trump had racked up nearly $900 million in
personal liabilities. So Trump decided to file
for Chapter 11 reorganization, according to the
New York Times.
Bankruptcy No. 2: Trump Castle, 1992
Within a year of his first Chapter 11 filing,
Trump found himself in bankruptcy court again
for Trump Castle, which opened in 1985.
Bankruptcy No. 3: Trump Plaza and Casino, 1992
A $210 million joint project of Trumps and Harrahs,
the casino had racked up $250 million in debt by 1992,
after a staggering 80 percent decline in cash flow.
So Trump Plaza filed for prepackaged bankruptcy that
spring as well.
Bankruptcy No. 4: Plaza Hotel, 1992
Later that year, Trump filed bankruptcy on another
Plaza, this one in New York. Trump purchased the
Plaza Hotel in Midtown Manhattan for $390 million
in 1988, but it accumulated more than $550 million
in debt by 1992.
Bankruptcy No. 5: 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.
Bankruptcy No. 6: 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. It declared Chapter 11
in February 2009.