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  • #31
    Originally posted by Salinator View Post
    If I have the time and the inclination, I could tear that article apart because it is so blatantly biased. As you said, it is a hit piece, so why take it seriously? At the very simplest, the author had taken out the context of the times in entirety and paints a picture of Trump being a loser when he was only the indicator of the times. When Trump Shuttle failed, so did a lot of other carriers. When Trump had problems in Atlantic City, so did everyone else. The author harps about Trump not knowing casinos and that he was competing against himself yet does not mention that is how it is done by everyone else also. Nearly all the huge casinos in Vegas are also sister properties and it boomed. Atlantic City failed and Vegas did not - all that falls on Trumps shoulder? When Trump Mortgage failed, so did much of our financial world - remember the bank bailouts?
    Actually other articles say the same I am just using it to lay out the case for Trumps business skills.

    Other articles say pretty much the same thing and were less bias.

    your argument about alantic city is valid but ignores that Trump help drive the market and was not a victim of the Market.


    Note he opened three Casinos there and the last one knowingly being unable to make money.

    I am assuming you would not do that

    Also for one of these Casinos he lied on the paperwork to get the loan. techinically used a loop hole.

    The question you should really be asking is this champion of the working class some how made a ton of money while his businesses failed how that suppose to work.

    fyi saw a similar article in the WSJ not long ago and other even back a few years.

    Where has he had success that is proveable without spinning. Other than through licensing his name

    Comment


    • #32
      Originally posted by craven View Post
      . . . . your argument about alantic city is valid but ignores that Trump help drive the market and was not a victim of the Market.


      Note he opened three Casinos there and the last one knowingly being unable to make money. . . . .
      When I was a kid, during the big push to legalize casino gambling in Atlantic City, there were visions bandied about of Atlantic City becoming a competitor for Las Vegas and Monte Carlo globally for casino gamblers. That kind of market position never materialized for AC. For one thing, there's been virtually no investment in the Atlantic City International Airport, which boasts but two runways, only one of which exceeds 9,000 ft in length. Compare that to Las Vegas' McCarran, which has four runways exceeding 9,000 ft. If you don't have the infrastructure to service modern long-haul jet airliners, then you can't lure the international jet set. Right off the bat, AC's allure was restricted to her region, and no further.

      Atlantic City's other problem is topographical. Since she's situated on a glorified sandbar, a barrier island, real estate is rather restricted. That means that AC's slummier parts are within walking distance of her casinos, which is not only aesthetically displeasing, but engenders fear of crime. By comparison, crummy North Las Vegas is rather removed from the Strip: one has to put in some real effort in order to get to North Las Vegas -- while AC's slum greets her visitors as soon as they come off the Atlantic City Expressway. It's really an experience that one does not wish to relive.

      Against that backdrop, Trump's choice to go forward with the Taj Mahal made absolutely no sense. The Taj Mahal's failure was not predicated on something that was utterly unpredictable from a mid-1980s standpoint -- like on-line gaming -- but was predicated on Atlantic City's inability to become an international hotspot that would compete with Las Vegas as a tourist and gambling destination. Those weaknesses were clear even before the Taj's cornerstone was laid. It really calls into question Trump's judgement, and his vaunted business acumen.
      I was married for two ******* years! Hell would be like Club Med! - Sam Kinison

      Comment


      • #33
        Originally posted by slick_miester View Post
        When I was a kid, during the big push to legalize casino gambling in Atlantic City, there were visions bandied about of Atlantic City becoming a competitor for Las Vegas and Monte Carlo globally for casino gamblers. That kind of market position never materialized for AC. For one thing, there's been virtually no investment in the Atlantic City International Airport, which boasts but two runways, only one of which exceeds 9,000 ft in length. Compare that to Las Vegas' McCarran, which has four runways exceeding 9,000 ft. If you don't have the infrastructure to service modern long-haul jet airliners, then you can't lure the international jet set. Right off the bat, AC's allure was restricted to her region, and no further.

        Atlantic City's other problem is topographical. Since she's situated on a glorified sandbar, a barrier island, real estate is rather restricted. That means that AC's slummier parts are within walking distance of her casinos, which is not only aesthetically displeasing, but engenders fear of crime. By comparison, crummy North Las Vegas is rather removed from the Strip: one has to put in some real effort in order to get to North Las Vegas -- while AC's slum greets her visitors as soon as they come off the Atlantic City Expressway. It's really an experience that one does not wish to relive.

        Against that backdrop, Trump's choice to go forward with the Taj Mahal made absolutely no sense. The Taj Mahal's failure was not predicated on something that was utterly unpredictable from a mid-1980s standpoint -- like on-line gaming -- but was predicated on Atlantic City's inability to become an international hotspot that would compete with Las Vegas as a tourist and gambling destination. Those weaknesses were clear even before the Taj's cornerstone was laid. It really calls into question Trump's judgement, and his vaunted business acumen.
        Very good analysis I agree entirely with the final sentence. Another related aspect is Trump's ties with the mob ... which has historically run Atlantic City.

        Comment


        • #34
          Originally posted by armor11 View Post
          I'm not sure anyone in the Republican party would have "annihilated" Hillary, because she's got so much support from minorities and women.

          However, your point only begs the question that I was trying to (honestly) raise in another thread.

          How did Trump become the nominee? What made him seem so attractive to mainstream Republicans? Or, better yet, if "mainstream" Republicans/conservatives voted him in, then what does that say about mainstream Republicans/Conservatives? Wouldn't you agree that there are indications that the Republican Party is getting seriously radicalized?
          Because he appealed to the angry and (seemingly) disenfranchised who were fed up with Washington and the "status quo" so much that they never stopped to wonder how Trump was going to win on his own. They took for granted that Hillary was an unlikable criminal and so focused on which GOP nominee was most likely to "shake things up".

          The GOP electorate were tired of stale pork, and Trump was the freshest thing on the menu.

          But there was no consideration for just how Trump's supposed "strengths" were supposed to play out over our ridiculously long election cycle. Trump's mouth won him fanatical supporters, but it also was his biggest weakness. He shrugged off lesser challenges which would have sunk a more bland personality, but even he couldn't hold his tongue in the end and ended up breaking one of the few concrete rules in American political life: don't insult the families of veterans.

          And even THEN, Trump still could have reduced the damages by simply apologizing and/or ignoring the whole affair by letting it fade away until the next bit of political drama captured the nation's attention.

          Trump won the nomination because he appealed to a vocal group within the conservatives. But despite his victory, the strong and persistent resistance from other conservative groups should have been a clue that reconciliation was necessary to maintain his campaign.

          What is most amusing is that Conservatives, despite all their finger-pointing at the Dems over their Super Delegates, may be calling for a similar system to be instituted in the GOP - it was designed specifically to keep out the Trumps and Bernies of the world.

          Maybe using some of that special election math we see now and again, we can argue that anyone who voted for Trump in the primaries really just voted for Clinton in the election...

          Comment


          • #35
            Originally posted by ChrisF1987 View Post
            Very good analysis I agree entirely with the final sentence. Another related aspect is Trump's ties with the mob ... which has historically run Atlantic City.
            Well . . . . I wrote on this not too long ago. In short, if your game was real estate in and/or around The City of New York, then you had to play ball with Da Fellas . Period. There was just no other way.

            And don't kid yourself for a minute: AC's been no more mobbed up than Long Island. How do you think all of those millions of cubic yards of concrete got poured on the Long Island Expressway?

            Compare, if you will, Trump's involvement with the mob -- vs Joe Kennedy's: Trump's was a requisite of his line of business, while Old Man Kennedy chose to do business with them. In my mind that's a hell of a difference.
            I was married for two ******* years! Hell would be like Club Med! - Sam Kinison

            Comment


            • #36
              Originally posted by slick_miester View Post
              Well . . . . I wrote on this not too long ago. In short, if your game was real estate in and/or around The City of New York, then you had to play ball with Da Fellas . Period. There was just no other way.

              And don't kid yourself for a minute: AC's been no more mobbed up than Long Island. How do you think all of those millions of cubic yards of concrete got poured on the Long Island Expressway?

              Compare, if you will, Trump's involvement with the mob -- vs Joe Kennedy's: Trump's was a requisite of his line of business, while Old Man Kennedy chose to do business with them. In my mind that's a hell of a difference.
              Remind me...when did Joe run for President?
              "Ask not what your country can do for you"

              Left wing, Right Wing same bird that they are killing.

              you’re entitled to your own opinion but not your own facts.

              Comment


              • #37
                Originally posted by Half Pint John View Post
                Remind me...when did Joe run for President?
                Joe was worse: he was a kingmaker.

                Scary quote attributed to Tip O'Neill by Robert Caro when LBJ asked him for his support at the 1960 Democratic National Convention: "Joe Kennedy has awfully long arms." Make no mistake about it: people were scared of Old Man Joe. We might be scared today of Trump 'cause he doesn't know what he's doing or saying -- but people were scared of Joe 'cause they knew that he knew exactly what he was doing, and he did it a lot harder than most.
                I was married for two ******* years! Hell would be like Club Med! - Sam Kinison

                Comment


                • #38
                  Originally posted by slick_miester View Post
                  Joe was worse: he was a kingmaker.

                  Scary quote attributed to Tip O'Neill by Robert Caro when LBJ asked him for his support at the 1960 Democratic National Convention: "Joe Kennedy has awfully long arms." Make no mistake about it: people were scared of Old Man Joe. We might be scared today of Trump 'cause he doesn't know what he's doing or saying -- but people were scared of Joe 'cause they knew that he knew exactly what he was doing, and he did it a lot harder than most.
                  Bingo.
                  “The time has come,” the Walrus said,
                  “To talk of many things:
                  Of shoes—and ships—and sealing-wax—
                  Of cabbages—and kings—
                  And why the sea is boiling hot—
                  And whether pigs have wings.”
                  ― Lewis Carroll

                  Comment


                  • #39
                    ^ There's no one like that today, a real behind the scenes powerbroker, is there. Chuck Schumer could have been this generation's Dick Russel, but he blew it when he carried Israel's water against his own president. George Soros and the Koch Bros try, but they're too in the limelight: they lack guile. Rupert Murdoch tried it, but he's really a lightweight at heart. Who does that leave as the man behind the curtain -- or is he keeping his secret that well?
                    I was married for two ******* years! Hell would be like Club Med! - Sam Kinison

                    Comment


                    • #40
                      Originally posted by slick_miester View Post
                      ^ There's no one like that today, a real behind the scenes powerbroker, is there. Chuck Schumer could have been this generation's Dick Russel, but he blew it when he carried Israel's water against his own president. George Soros and the Koch Bros try, but they're too in the limelight: they lack guile. Rupert Murdoch tried it, but he's really a lightweight at heart. Who does that leave as the man behind the curtain -- or is he keeping his secret that well?
                      Yes those days are long gone, GOP could have used one to slap down the rise of the Trump Disaster..... To bad for the GOP.
                      “The time has come,” the Walrus said,
                      “To talk of many things:
                      Of shoes—and ships—and sealing-wax—
                      Of cabbages—and kings—
                      And why the sea is boiling hot—
                      And whether pigs have wings.”
                      ― Lewis Carroll

                      Comment


                      • #41
                        Originally posted by slick_miester View Post
                        ^ There's no one like that today, a real behind the scenes powerbroker, is there. Chuck Schumer could have been this generation's Dick Russel, but he blew it when he carried Israel's water against his own president. George Soros and the Koch Bros try, but they're too in the limelight: they lack guile. Rupert Murdoch tried it, but he's really a lightweight at heart. Who does that leave as the man behind the curtain -- or is he keeping his secret that well?
                        The Irish Catholic American, Joe Kennedy, played a double game as Ambassador to Britain early in WW2. A guy neither the British or Roosevelt trusted, and neither would have I, as I am a Canadian Irish Protestant. What is striking is how opposite his son JFK was, an Anglophile, an Inter- nationalist, a multi-nationalist, and a great president. How could such a very great president have been born from such a scoundrel?

                        Comment

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