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Discussion and Debate
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Politics
American Politics
Donald Trump is a competent, honest and successful businessman: True/False
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<blockquote data-quote="whatbogsends" data-source="post: 73971202" data-attributes="member: 11978"><p>It's hard to fully judge, since we know he lies about his net worth, and won't disclose his financial documents. </p><p></p><p>We know that he was given over $400 million from his father. It doesn't take tremendous business acumen to be successful with that type of head start.</p><p></p><p>We know that he's been taken to court (receiving end) more than any other individual person in the US, but it's my understanding that he knows how to leverage his wealth/position to get the better end of people (i.e. dragging it out so that it's financially burdensome for the person trying to sue). </p><p></p><p>He also seems to be talented at keeping himself financially insulated from his business failures. He leaves investors holding the bag, and makes a tidy profit while his businesses fail (hence US banks stopped loaning to him a long time ago). </p><p></p><p>He's certainly not an honest businessman - in addition to lying regularly about asset valuation when it suits his purposes, he used to do other shady things, such as calling in praise of himself, while using a fake name. </p><p></p><p>From what I know, and I admit it's not the "full" picture, his business "success" is simply a product of the fortunate situation he was born into.</p></blockquote><p></p>
[QUOTE="whatbogsends, post: 73971202, member: 11978"] It's hard to fully judge, since we know he lies about his net worth, and won't disclose his financial documents. We know that he was given over $400 million from his father. It doesn't take tremendous business acumen to be successful with that type of head start. We know that he's been taken to court (receiving end) more than any other individual person in the US, but it's my understanding that he knows how to leverage his wealth/position to get the better end of people (i.e. dragging it out so that it's financially burdensome for the person trying to sue). He also seems to be talented at keeping himself financially insulated from his business failures. He leaves investors holding the bag, and makes a tidy profit while his businesses fail (hence US banks stopped loaning to him a long time ago). He's certainly not an honest businessman - in addition to lying regularly about asset valuation when it suits his purposes, he used to do other shady things, such as calling in praise of himself, while using a fake name. From what I know, and I admit it's not the "full" picture, his business "success" is simply a product of the fortunate situation he was born into. [/QUOTE]
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Donald Trump is a competent, honest and successful businessman: True/False
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