bbedward Posted April 15, 2016 Author Report Share Posted April 15, 2016 http://www.wsj.com/articles/let-me-ask-america-a-question-1460675882 Link to comment Share on other sites More sharing options...
bbedward Posted April 16, 2016 Author Report Share Posted April 16, 2016 Link to comment Share on other sites More sharing options...
calfoxwc Posted April 16, 2016 Report Share Posted April 16, 2016 meanwhile, I saw Cruz on the Tonight Show - it was pretty funny. Cruz is a great guy, has the experience to be president, has the honor and integrity to honor our Constitution by defending us and it.... yeah, the left HATES that. Toss in he's a Christian, and they go charles manson on our country. Link to comment Share on other sites More sharing options...
LogicIsForSquares Posted April 16, 2016 Report Share Posted April 16, 2016 meanwhile, I saw Cruz on the Tonight Show - it was pretty funny. Cruz is a great guy, has the experience to be president, has the honor and integrity to honor our Constitution by defending us and it.... yeah, the left HATES that. Toss in he's a Christian, and they go charles manson on our country. Watch his interactions with his family. That says enough. Link to comment Share on other sites More sharing options...
OldBrownsFan Posted April 16, 2016 Report Share Posted April 16, 2016 Cruz’s Wonkish CNBC Economy Interview; Only Adult in the Race Cruz just had a very interesting hour-long interview on CNBC this morning with Joe Kernen, Becky Quick and Andrew Ross Sorkin on the Squawkbox financial program. The CNBC gang hit Cruz with everything from Japanese and German basis points, to negative global interest rates, to bank bailout policies, tax reform, economic effects of climate change proposals, opposition to various kinds of VAT taxing, instability of commodity prices, Fed monetary policy, etc. Reagan administration economist Arthur Laffer, one of the architects of Cruz’s tax plan, weighs in for an extra helping of tax and quantitative easing wonkishness. Cruz just absolutely kills this interview, and spends the entire hour talking off the cuff about numbers and financial and monetary policy, and the exact devices to get the economy to rebound. This is a much more in-depth discussion than the stump speech snippets we’ve all heard many times. No one who sits through this 46 minute video will be able to walk away with any opinion but that Ted Cruz is the only competent, qualified adult running for President today from either party. http://www.redstate.com/diary/apkyletexas/2016/04/15/cruz-goes-uber-wonk-cnbc-proves-hes-adult-race/ Link to comment Share on other sites More sharing options...
bbedward Posted April 16, 2016 Author Report Share Posted April 16, 2016 "Hmm let's find something good to say about Ted Cruz" "Uhh...he's an adult right?" In other news, St Jude sent me a bunch of address labels for my donation before - pretty cool as I needed some anyway. Link to comment Share on other sites More sharing options...
Axe Posted April 16, 2016 Report Share Posted April 16, 2016 Cruz and Trump need to quit with the bullshit and talk issues.. Link to comment Share on other sites More sharing options...
OldBrownsFan Posted April 16, 2016 Report Share Posted April 16, 2016 "Hmm let's find something good to say about Ted Cruz" "Uhh...he's an adult right?" In other news, St Jude sent me a bunch of address labels for my donation before - pretty cool as I needed some anyway. St. Judes hospital - the gift that keeps on giving. You get a good feeling knowing your money went to help some needy kids and now you have some cool address labels. Even though you lost that bet I admit you did well forecasting because I thought Cruz would have done much better in the south especially with evangelical Christian voters. In all honesty Cruz was fortunate to come away with the two wins outside of his home state (Oklahoma and Alaska). As for the Cruz article I posted it was to point out Cruz can do something Trump is unable to do and that is go into specifics and details on his ideas and proposals. Trump is supposed to be such a great businessman (even with 4 bankruptcies) yet you would never see him on CNBC talking about economics (which should be Trump's specialty?) because Trump is not capable of going into any detail or specifics. He is running on a slogan. A slogan is great with a plan to back it up but with Trump the slogan is the plan. Link to comment Share on other sites More sharing options...
bbedward Posted April 16, 2016 Author Report Share Posted April 16, 2016 The average business failure rate is like 60-80% according to Forbes. Trump has something like 300 businesses, say 8/300 or so failed including Trump steaks and stuff. The bankruptcy thing is not a good argument. Also Trump can go into details, the problem with Cruz is the details are insane Link to comment Share on other sites More sharing options...
OldBrownsFan Posted April 16, 2016 Report Share Posted April 16, 2016 The average business failure rate is like 60-80% according to Forbes. Trump has something like 300 businesses, say 8/300 or so failed including Trump steaks and stuff. The bankruptcy thing is not a good argument. Also Trump can go into details, the problem with Cruz is the details are insane Trump, Lies, and Bankruptcy http://www.nationalreview.com/article/431420/donald-trumps-2016-debate-lies-he-went-bankrupt Link to comment Share on other sites More sharing options...
bbedward Posted April 16, 2016 Author Report Share Posted April 16, 2016 He said he never declared personal bankruptcy which is true, 4 of his businesses declared chapter 11 which is more of a restructure deal. Aside from that, his business failure rate is still 2% or so, which means 98% of his businesses are successful Much better than the average 80% failure rate, look at a guy like Mitt Romney and see how many of his ventures failed (a whole lot more than 2%) NR is certified anti-Trump too, so not a good source Link to comment Share on other sites More sharing options...
MLD Woody Posted April 16, 2016 Report Share Posted April 16, 2016 He said he never declared personal bankruptcy which is true, 4 of his businesses declared chapter 11 which is more of a restructure deal. Aside from that, his business failure rate is still 2% or so, which means 98% of his businesses are successful Much better than the average 80% failure rate, look at a guy like Mitt Romney and see how many of his ventures failed (a whole lot more than 2%) NR is certified anti-Trump too, so not a good source Do you have data to back up those percentages? Just curious Link to comment Share on other sites More sharing options...
bbedward Posted April 16, 2016 Author Report Share Posted April 16, 2016 Do you have data to back up those percentages? Just curious http://www.forbes.com/sites/ericwagner/2013/09/12/five-reasons-8-out-of-10-businesses-fail/#5a1e281d5e3c 8 out of 10 businesses fail Trump's businesses: The 4 bankruptcies just represent a very small fraction of Trump businesses that have failed. Atlantic city downturn and the 2008 collapse were the cause for 3 of them, I'm just saying it's an overblown talking point is all. Mitt Romney was also involved in much riskier ventures which is mostly why he has such a high failure rate, though it's not like real estate is a particularly easy business especially in many of the places Trump does business in. Link to comment Share on other sites More sharing options...
OldBrownsFan Posted April 17, 2016 Report Share Posted April 17, 2016 Donald Trump Is A Mediocre Businessman, And His Record Proves It. "Trump has a track record of piling up his businesses with unsustainable debt, and then having them file for bankruptcy. Per CNN Money, “no major US company has filed for Chapter 11 more than Trump’s casino empire in the last 30 years.” Under Trump’s leadership, just a few years ago, his company missed a $53.1 million bond interest payment—kind of a big deal. And lest Trump try to delude anyone into thinking that these bankruptcies were all just clever corporate maneuverings with no effects for him personally, note that to pay off creditors, he has had to offload huge shareholdings, yachts, and airlines." Trump has not only taken on excessive debt, with bankruptcies to show for it. He has (mis-)managed his company in such a way that he would have been better off, financially, simply investing his inheritance from his father in an S&P 500 fund than, well, operating the Trump Organization. According to SV Date writing in National Journal: Had the celebrity businessman and Republican presidential candidate invested his eventual share of his father’s real-estate company into a mutual fund of S&P 500 stocks in 1974, it would be worth nearly $3 billion today, thanks to the market’s performance over the past four decades. If he’d invested the $200 million that Forbes magazine determined he was worth in 1982 into that index fund, it would have grown to more than $8 billion today. Even the smaller figure exceeds the lower range of his possible net worth as reported to the Federal Election Commission, while the larger number exceeds by billions recent estimates of Trump’s worth by financial publications. And it would have come without the high-drama, roller-coaster career that has included four corporate bankruptcies. http://opinion.injo.com/2015/09/247749-donald-trump-is-a-mediocre-businessman-and-his-record-proves-it/ The Many Business Failures of Donald Trump He's running for president (maybe) on his business record. One problem: that record sucks May 11, 2011 http://www.rollingstone.com/politics/pictures/the-many-business-failures-of-donald-trump-20110511/entertainment-resorts-0243406 Link to comment Share on other sites More sharing options...
bbedward Posted April 17, 2016 Author Report Share Posted April 17, 2016 I just explained why it doesn't suck, how come nobody slammed Mitt Romney for failing at over half of his ventures? He's worth billions of dollars, he's not doing too bad if I say so myself. Link to comment Share on other sites More sharing options...
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