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Hillary Clinton Roasts Donald Trump At The Al Smith Charity

Drachen_Jager says...

Trump inherited over 200 million in real-estate from daddy in the early '80s.

If he'd sold it and simply put the money in indexed funds, it would be worth about 12 billion today. If he'd held onto it the real-estate would be worth about 15 billion today. At his most generous, Trump estimates his own wealth around 8 billion. Other sources have it much lower (Deutsche Bank estimated it well under a billion about ten years ago).

So, to answer your question, "How does he manage his companies?"

Badly. But when you start with so much even total incompetence takes a while to drain your accounts.

No major bank will lend him money anymore. I've heard that he owes hundreds of millions to Putin cronies, which perfectly explains why he's so Putin friendly. He's probably been told they'll write off some or all of his debt if he carries their water for four years as president. I think it's entirely possible Trump is bankrupt and doing Putin some favors is the only way to keep himself solvent.

shagen454 said:

I can't stand to say it and you will probably never hear me use this word to describe a situation - but Trump even up to the last debate (meaning there was time to get it together) sounds straight-up unprofessional.

Hillary (God I hate her too), made a good jest saying that he is never prepared. I mean, how does he manage his other companies when he sounds like a stoned 7th grader? I'm guessing the answer is, he simply has other people do it for him. He's the face of money and the mind of nothing. A perfect recipe for a Black Mirror episode.

New Hillary Clinton Campaign Ad Adjusted To Reality

Drachen_Jager says...

There's no discussion here. Clinton has played fast and loose with the rules for her own gain, she's gamed the system, she's taken the expedient position far more times than she's taken the good, honorable, or right positions. She's not a very good choice for president.

Donald Trump is bankrupt. He claims to be a great businessman, but in reality it certainly appears he owes more than he has right now. In any case, at the very LEAST, even if you take his own over-inflated assessment of his net worth he'd have been further ahead putting his money in indexed mutual funds than trusting his own business acumen. He'd have been farther ahead still if he'd just held on to all the real estate daddy left him. The best you can say about him, business wise, is that after stiffing contractors for their pay, paying NO taxes for decades, and arranging at least six bankruptcies in such a way that he took minimum damage and his investors bore the brunt.... after all that, he's only BEHIND a few billion dollars from where he'd be if he'd just invested it and left it alone.

On top of that, it certainly appears he's a rapist, or at the very least guilty of sexual assault. He's so weak and afraid he has to constantly bully and puff himself up (this is not how strong people act). He appears to have little to no grasp of international affairs, tax policy, the environment, the economy. Worse still, he doesn't care that he knows nothing and makes no attempt to educate himself.

So... rapist-psychopath-egomaniac-moron, or lady who's a bit shifty. Hmm, tough choice.

Climate change: Yep, still happening

newtboy says...

I think lawmakers that are also deniers should have their investments forcibly moved into real estate in Vanuatu. Put their money where their mouths are.

Carlsbad Homes for Sale

How to build trust with clients before you even meet

Poway Homes for Sale

debunking the 4 biggest lies about immigrants

diego says...

as a legal immigrant who left the US but has a lot of friends and family there, Ill just add two points-

1) a lot of immigrants take very good jobs in the US that low skilled americans are far, far away from doing. There is tons of research on how the US takes the best and the brightest from around the world, just in my immediate family there are 3 people with 3 degrees from the best american and european universities that work in the US who would instantly become the top experts in their fields if they decided to come home. Beyond what they pay in taxes, invest in the economy, real estate, their kids' educations etc etc, they make important contributions in their fields and Im quite sure that the US' big lead in technology for example would fall apart if american universities could no longer bring in international students. A lot of the technological breakthroughs happen in the US at US universities, but driven by foreign/immigrant students.

2/ Its not our fault if american businessmen are hypocrites like Trump who hire illegals then complain about them taking jobs from americans. Just like the factories in China that killed US manufacturing belong to corporations with mostly western management. By your own capitalist philosophies, if anyone is responsible it is american consumers unwilling to pay for fair trade and quality products, instead preferring cheap goods produced with slave wages- you cant have your cake and eat it too.

radx (Member Profile)

oritteropo says...

That's certainly possible, but I can think of other plausible explanations:


  • Spain's problems mainly involved real estate and non-productive investments. Maybe Greece was doing a better job of employing the borrowed funds, and therefore lost more with their removal?
  • Spain's austerity program started in 2010, their bailout was in 2012 but they left the program in January 2014. You can clearly see the dip in GDP during that timeframe, although as you say it does seem suspiciously small. Perhaps the effect of austerity was actually greater in Greece because the initial recession was deeper and the period of austerity was greater?
  • Spain's economy is more export focused, which helped offset the impact of reduced domestic demand (although at 33% of GDP vs 28% of GDP it's not enough).

radx said:

Take a look at these two charts, if you have a minute.

Spain: left scale is GDP (green) and industrial production & construction (black), right scale (inverted!) is unemployment rate (red)

Greece: same data, same scales

Unemployment tracks industrial production & construction in Greece and Spain, as you would expect. And so does GDP in Greece, but not in Spain.

Why?

It's too big a difference to not wonder if someone's fudging the numbers here to make it like austerity did the trick for Spain.

Retired Marine Corps Pilot Buys Own Sea Harrier Fleet | AARP

ChaosEngine says...

Hell yeah. Good on him, but when he said "he happened to hit real estate at the right time", he definitely wasn't kidding. Buying the plane would be pricey enough, but the refurbishment and maintenance have got to be north of $1mil.

notarobot said:

I wonder what he paid for it...

Square Enix DX 12 Tech Demo

Payback says...

I always turn it off if I can. Nothing pisses me off more than scoping in on someone, only to have them blur to "indistinction" (if that's a word) because a leaf or blade of grass gets too much screen real estate.

MilkmanDan said:

Pretty cool!

One thing I personally dislike in very modern game CG is a tendency to overuse depth of field. For film, *some* use of depth of field can establish the important elements of the view by having them in focus, but in gameplay that is a dangerous thing to do because what the player considers to be important can shift rapidly and is in no way universal or predictable.

But if you play modern games or load up a custom ENB-like shader, they all tend to heavily implement a pretty narrow depth of field by default in what I assume is an effort to "look cool". Very true here, with the settings locking the female character into the focused range and starting in with the blur immediately beyond that. That's fine for a cutscene, but if I'm controlling things in any way or expecting to be able to react to visual information (by, you know, playing the game), the narrow focus really just detracts from the experience. It's like we're looking at the world through a microscope or a camera in macro mode ... just let me see a realistic (often infinite) range of depth in focus!



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