After President Trump finishes term one or two

[detbuch]

Originally Posted by Got Stripers

If you don’t think people, employees, sub contractors, creditors, share holders and local and federal government doesn’t get screwed buy 6 corporate bankruptcies you kidding yourselves. There is a reason he isn’t liked or treated well as he claims in NY, it’s not because he is a classy guy.

Yes, that is the nature of bankruptcy. People who are owed get paid a fraction of what they contracted for, if at all. It's a legal process. Not paying your creditors because you are broke is not because you are an evil person, it's because you are broke. And those creditors who are thusly "screwed" tend to not like you because you "screwed" them. Like what happened in the Chrysler bailout where the U.S. government did a pseudo bankruptcy favor to that company by "loaning" it a ton of money while fixing it so that it could pay it back, and pay the creditors, less than they were owed. And how we the tax payers got screwed by the GM bailout which avoided bankruptcy by sticking it to us, piling up more of our debt, contributing to inflation which led to higher prices for the things we buy.

We have a government that is basically bankrupt, and it pays off its debt by screwing us taxpayers in a similar manner. It fixes it so that the money it prints/borrows results in inflation which raises our cost of living, but enables the government to make payments on the debt interest with money that has less value than that which it borrowed.

Trump has followed the time honored tradition of many major companies and of our beloved government. But, of course, HE is the evil one.

And he was treated very well in NY when he was ostensibly a Democrat and a glitzy member of the wealthy class who hung out with all the swells.

That has changed. Many of us think for the better. Not you, of course. Your sources tell you not to.

[Got Stripers]

Originally Posted by detbuch

Yes, that is the nature of bankruptcy. People who are owed get paid a fraction of what they contracted for, if at all. It's a legal process. Not paying your creditors because you are broke is not because you are an evil person, it's because you are broke. And those creditors who are thusly "screwed" tend to not like you because you "screwed" them. Like what happened in the Chrysler bailout where the U.S. government did a pseudo bankruptcy favor to that company by "loaning" it a ton of money while fixing it so that it could pay it back, and pay the creditors, less than they were owed. And how we the tax payers got screwed by the GM bailout which avoided bankruptcy by sticking it to us, piling up more of our debt, contributing to inflation which led to higher prices for the things we buy.

We have a government that is basically bankrupt, and it pays off its debt by screwing us taxpayers in a similar manner. It fixes it so that the money it prints/borrows results in inflation which raises our cost of living, but enables the government to make payments on the debt interest with money that has less value than that which it borrowed.

Trump has followed the time honored tradition of many major companies and of our beloved government. But, of course, HE is the evil one.

And he was treated very well in NY when he was ostensibly a Democrat and a glitzy member of the wealthy class who hung out with all the swells.

That has changed. Many of us think for the better. Not you, of course. Your sources tell you not to.

Got a little off track there buddy, the theme of this thread, was I believe Trump will finish up and go back to screwing his partners and now it will be with Russian money since he is such a bad risk. Oh Russian money, gee wiz what could that be an indicator of?

[detbuch]

Originally Posted by Got Stripers

Got a little off track there buddy, the theme of this thread, was I believe Trump will finish up and go back to screwing his partners and now it will be with Russian money since he is such a bad risk. Oh Russian money, gee wiz what could that be an indicator of?

From what I can tell by the title of your thread: "After President Trump finishes term one or two" and your post that followed that title which was about Jimmy Carter doing something and your not being able to picture "Trump doing anything that doesn’t benefit himself or his family." Nothing about Russia or Russian money there.

Besides, I was responding directly to your post which was not about Russia or its money, and my response was directly to your words in that post--which, I guess, must have been off topic.

[ReelinRod]

Originally Posted by Got Stripers

Got a little off track there buddy, the theme of this thread, was I believe Trump will finish up and go back to screwing his partners and now it will be with Russian money since he is such a bad risk. Oh Russian money, gee wiz what could that be an indicator of?

Calm down Jan . . .