Trump Explains How To "Take The Oil"

[PorkChopSandwiches]

http://4.bp.blogspot.com/-0pO1q4SbHaw/TZi5omhvEgI/AAAAAAABD2I/jtUdXuJNqBw/s1600/donald-trump-bad-hair-day.jpg


Donald J. Trump has shocked audiences for months – and gotten several standing ovations -- with his assertion that we should just “take the oil” from Iraq to repay the U.S. for liberating the country from Saddam Hussein.

But how do you just “take it?”

In his explosive new book, Time to Get Tough, Trump expands and explains: "Call me old school, but I believe in the old warrior’s credo that ‘to the victor go the spoils.’ In other words, we don’t fight a war, hand over the keys to people who hate us, and leave. We win a war, take the oil to repay the financial costs we’ve incurred, and in so doing treat Iraq and everyone else fairly."

“It’s hardly a radical idea,” continues Trump. “In September 2010, our own Government Accountability Office and others studied the issue in depth and concluded that a cost-sharing plan is feasible and wise.”

“From the very beginning of Operation Iraqi Freedom, I believed we should have hammered out the repayment plan with the Iraqis – through exiled Iraqi dissidents,” says Trump. “Oil revenues could have been used to reduce the sticker price for occupation. And there’s still no reason we can’t or shouldn’t implement a cost-sharing arrangement with Iraq.”

Trump’s new book (just released this week) is sure to provoke a heated response from many corners – and a new round of speculation over whether or not he will throw his hat back into the Presidential ring.

[DemonGeminiX]

How can you take a guy with hair like that seriously?

[Muddy]

Cause he's a billionaire?

[DemonGeminiX]

:hand:

He should spend some of his money on a professional to fix his hair.

[Acid Trip]

:hand:

He should spend some of his money on a professional to fix his hair.

:rofl: :+1:

[Godfather]

Wow that picture is the best of his hair I've ever seen :rofl:

Trumps a twit though... decent businessmen, but a royal ass.

[Loser]

As much as it looks like a dead rat on his noggin, it's his image, and when you're a billionaire businessman, you don't change your image.

[JoeyB]

As much as it looks like a dead rat on his noggin, it's his image, and when you're a billionaire businessman, you don't change your image.

I don't know, a rainbow mohawk could really revamp that stale look.

[DemonGeminiX]

You can't pull off a mohawk when you're bald, and that's exactly why his hair looks like that... to hide the baldness.

[Muddy]

You can't pull off a mohawk when you're bald, and that's exactly why his hair looks like that... to hide the baldness.

Im bald also...

[JoeyB]

Im bald also...

I have a cure for that...the rainbow mo OR pony hawk. Just glue the fucker on and rock your world.

[Leefro]

http://4.bp.blogspot.com/-0pO1q4SbHaw/TZi5omhvEgI/AAAAAAABD2I/jtUdXuJNqBw/s1600/donald-trump-bad-hair-day.jpg


Donald J. Trump has shocked audiences for months – and gotten several standing ovations -- with his assertion that we should just “take the oil” from Iraq to repay the U.S. for liberating the country from Saddam Hussein.




Yeah with a lot of other countries help you fucking scarecrow looking cunt

[Deepsepia]

Cause he's a billionaire?

Its not actually clear that he is.

[Arkady Renko]

Its not actually clear that he is.

yep, a large portion of his apparent wealth might be nothing but hot air, what with all the debt his various corporations are running. God knows how much there would be left if he was ever put to the test. Wasn't he bankrupt once or twice in the past?

[Deepsepia]

yep, a large portion of his apparent wealth might be nothing but hot air, what with all the debt his various corporations are running. God knows how much there would be left if he was ever put to the test. Wasn't he bankrupt once or twice in the past?

Many companies he's controlled have gone bankrupt. He himself guaranteed some loans personally, twenty years ago or so-- he narrowly avoided personal bankruptcy.

My own impression is he's a "promoter" more than he is a businessman. Folks who actually have billions tend to keep a pretty low profile about their finances. Trump is forever threatening people who suggest he's worth less money than he'd like, and if I had to guess, I'd guess that he has lots of debt in entities that are hard to see, and that he scrambles to keep them paid.

This hasn't been a terribly good period for real estate, after all . . .

His own sworn testimony is that his net worth fluctuates on such intangible factors as "feelings"



But the Donald has more than that in “brand value” alone. Or so he says. Over three pages, Mr. Trump reveals that during the run-up to his presidential non-campaign, he hired a firm called Predictive to estimate the value of the Trump brand, and he used that figure as part of his full net worth calculation. Fox News breaks down the entire figure as follows:

{snip}

Well, so, there you have it. We know what Mr. Trump would have said about his net worth, had he chosen to run for president.

But that might not be the last word. After all, in a 2009 Page One story, WSJ’s Alex Frangos recounted how the Donald, in a 2007 sworn deposition, said, “My net worth fluctuates, and it goes up and down with markets and with attitudes and with feelings, even my own feeling.”

[Arkady Renko]

we should put Kalinda Sharma on his case, we'd know so much more by tomorrow.

[Deepsepia]

we should put Kalinda Sharma on his case, we'd know so much more by tomorrow.

hah!

A bit more:



Doug Heller, the executive director of Consumer Watchdog, said Trump is the "most egregious, almost comical example" of the disparity between what the average American faces when going through bankruptcy and the "ease with which the very rich can move in and out of bankruptcy."

"Under the American bankruptcy laws, if you end up in bankruptcy because you're struggling with divorce or medical payments or a sudden change of income, it's a disaster. If you fail miserably with huge dollars involved then you just need some accountants to rework your books," Heller said.

The multi-billionaire touts his huge net worth and big business experience as qualifications for his possible presidential run. Trump recently bragged that he has "a much bigger net worth" than Mitt Romney, who he said is "basically a small business guy."

"I'm a much bigger businessman. … I mean, my net worth is many, many, many times Mitt Romney's," Trump said.

The big business man has wrangled with big debt in the past 20 years. Trump's first visit to bankruptcy court was in 1991, when his Atlantic City casino, the Taj Mahal, was buried under a mountain of debt. The Taj carried a $1 billion price tag and was financed by junk bonds carrying a staggering 14 percent interest rate. As construction completed, the economy slumped, as did the Atlantic City gambling scene, soon plunging Trump into $3.4 billion of debt.

"[The banks] could have simply taken everything he had right then, but they wanted his cooperation," said Lynn LoPucki, a bankruptcy expert and professor at UCLA Law School. "There's that old saying, 'If you owe your banks a little, you're at their mercy. If you owe the banks a lot, the banks are at your mercy. They saw the best way for him to repay the money was to keep the Donald afloat."

The Donald struck a deal with the banks to hand over half his ownership, and half of the equity, in the casino in exchange for a lower interest rate and more time to pay off his debt. He sold off his beloved Trump Princess yacht and the Trump Shuttle airplane to make his payments, and his creditors put him on a budget, putting a cap on his personal spending.

"The first one was a really big hit for him. They had him personally, and he ended up taking substantial losses in that bankruptcy. He also had the humiliation of having some bankers deciding how much money he could spend -- the numbers are just astonishing -- the amount of his monthly budget," LoPucki said.

[Noilly Pratt]

I'm surprised he didn't say "Invade Canada and take their oil". Maybe he fears the Canadian, environmental and native opposition more than the Iraqis...

[Muddy]

I'm surprised he didn't say "Invade Canada and take their oil". Maybe he fears the Canadian, environmental and native opposition more than the Iraqis...


Thats funny...

[FBD]

I'm surprised he didn't say "Invade Canada and take their oil". Maybe he fears the Canadian, environmental and native opposition more than the Iraqis...

:lol: yeah, just a couple oh small trivial differences there!