Donald Trump, his name means different things to different people, but my goal with this posting is to show the character of Donald Trump with
respect to decisions he's made in his past. I'm going to try to minimize any amount of personal opinion in this piece and just let the facts speak
for Trump and his "I'll do and say anything to win" mentality.
Trump University:
In 2005 Donald Trump started "Trump University," a three-day seminar that claimed would teach students insider information on how to become effective
real-estate investors. The University claimed to hire "Business insiders hand-picked by Trump himself," but the instructors then told the students
they had to pay an additional $5000 to actually finish the seminar and learn about lenders.
There is actually a lawsuit going forward regarding this case. the state attorney Generals office stated "The AG's suit charged that through "their
deceptive and unlawful practices, (Trump and the school) intentionally misled over 5,000 individuals nationwide, including over 600 New Yorkers, into
paying as much as $35,000 each to participate in live seminars and mentorship programs with the promise of learning Donald Trump's real estate
investing techniques." In an introductory video Trump stated that all the instructors were handpicked by him as exceptional real estate investors,
only one instructor had ever even met Trump, much less been handpicked by him. The Attorney General Stated: "the instructors had been inadequately
vetted and in fact had little or no experience in real estate investing, instead having prior work experience such as food service management and
graphic design."
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He Sued the Deutsche Bank for 3 Billion Dollars for having the audacity to ask he repay the 40 million he owed them:
In 2008 during the recession he had borrowed 300 million dollars from the Deutsche bank, personally guaranteeing 40 million of his own money on that
loan. When they called in that 40 million Trump sued them for 3 billion dollars. He said that the recession should amount to an "Act of God' and the
"Force Measure" clause in the contract should mean he shouldn't have to pony up money he was loaned. Essentially he was saying he shouldn't have to
pay back loans unless they're profitable. Needless to say, Trumps investing history does not extend the same courtesy to entities it lends to.
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Real Estate Bullying
Donald Trump was given leave to build two championship-level golf courses in Aberdeenshire in Scotland then proceeded to try to buy up more land
around it, even going as far as file for planning permission for land he didn't even own yet. David Milne has repeatedly refused Trump's offer to
buy his land next to the Golf Course, so the Golf Course built a fence around Milne's Property, planted a bunch of trees, and billed him for half the
amount demanding payment.
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In the 90's Trump bought a casino that was nextdoor to Vera Coking's house. He had plans to build a parking lot right where Vera's house was, so he
started his attempt to acquire it from Vera. It started out nice, with Trump offering her Niel Diamond tickets, but once Trump understood that Vera
wasn't about to sell things got nasty. In May 1994, Coking got a letter from the city’s Casino Reinvestment Development Authority offering her
$250,000 — a quarter of what the Casino's previous owner had offered a decade before — and threatening to use eminent domain powers to take
control of the property if she didn’t take the deal, according to a summary of the case by the Institute of Justice. In 1998 the Superior Court of
New Jersey put an end to the discussion and Ruled that Coking could keep her house. Her house was later bought at Auction for $586,000 by Carl Icahn
after she had to move out to live with family.
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Trump has a long history of trying to influence politics with his Money
Donald Trump states that he hates what lobbyists and interest groups have done to the political system of this country but he's been throwing money at
both republicans and democrats for decades. On an interview with Andersen Cooper he was asked given his donations to both Republicans and Democrats,
“Aren’t you part of the problem?” When it comes to lobbying and influence-peddling. He responded, Absolutely. 100%. Absolutely, I was on the
other side. They will do whatever I want. Up until you decide to run.”
Trump denied that this was hypocritical, and stated, “it’s called playing the game. I was a businessman. I made a fortune. I made a lot of money.
I posted over $10 billion.”
Cooper then asked, “So, in order to make money, it’s okay to play the game?” Trump answered, “Well, it’s called your life. I mean, I’m a
businessman. And I contribute to people. And they treat me nicely, and everything else.” He added that he understands the “culture” of money for
access and that “Every one of those lobbyists that gives money, they expect something for it. And that’s a bad thing.” So Trump thinks that
Lobbying is ruining our political system, unless he's doing it. Do we really want to subscribe to the notion that the only way to have an
uncorruptable leader is if they're preposterously rich?
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edit on 1-3-2016 by Slanter because: (no reason given)
edit on 1-3-2016 by Slanter because: (no reason given)