Trump. About Puerto Rico.
The irony:
I hope you can see the irony of someone who has called himself the "King of debt" and has gone through bankruptcy four times touching on this topic. During Trump's bankruptcy back in 2009, the one for Trump Entertainment — the company that held his Atlantic City casinos — Trump argued against a clean restructuring and for keeping debt on the books.
Then he and Ivanka basically sacked the company.
I guess he can't sack Puerto Rico, so it'll have to pay up.
www.businessinsider.com/…
Besides, there’s nothing left in Puerto Rico to sack.
And, what about Trump and indebtedness?
Some of the debt Trump’s businesses took on was through bonds sold to the public, meaning bondholders who trusted and invested in the Trump name were left holding the bag. But the self-styled master businessman did not deal directly with small investors and said during the debate that the banks, hedge funds and financiers who have backed his projects “are not the nice, sweet little people that you think.”
www.washingtonpost.com/…
The Trump schema for dicking banks:
In 1988 Eastern Air Lines routes were about as profitable as Indian buffalo hunting grounds, and dying out faster. Trump's cunning plan was to buy them and make them more expensive. He justified the increased fares with the sort of pointless bling typically reserved for silver-plated watermelons. The Trump Shuttles featured maple wood veneer floors, chrome seat belt latches, and gold-plated toilet fittings so that the passengers could know how it felt to value money as much as Trump does.
The purchase was financed by a $380 million loan from 22 banks and not one of them ever saw a cent. As we'll soon find out, Trump has knocked over more banks than the Joker, who at least leaves once he's taken the money. Trump tends not to be satisfied with ruining mere days. For instance, after he defaulted on the loans the banks were forced to repossess the airline's assets, which it turns out were worth approximately as much as the Hindenburg's spare gas tank. They couldn't sell them, they couldn't use them, and they had to negotiate a settlement to force the company to even try to turn a profit. Since then it's been repeatedly re-merged with other divisions in the world's only financial application of homeopathy. They seem to be attempting to dilute it with enough other companies that Trump's presence will stop mattering quite as much.
www.cracked.com/…
Our dear, darling double-dealing, dicking pressy! And, that knock you dead line:
Trump has knocked over more banks than the Joker