Donald Trump, You're Fired! Seriously, Would Anyone Hire This Guy to Watch Over Their Finances?

By Timothy Sexton, published Dec 30, 2006
Published Content: 2,748  Total Views: 2,379,583  Favorited By: 218 CPs
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Donald Trump has achieved a tremendous amount of wealth and influence in this country, transforming himself from just another real estate developer with bad hair into a bona fide television celebrity as host of his own reality show. As a result of this inexplicable transition, Donald Trump wields considerable power in a variety of ways.

Donald Trump learned quickly to cash in on the value of branding; by creating buildings and casinos that bear his own name, he creates instant name recognition. Fame is the quickest route to success in America, working especially well when you don't possess any other recognizable talent. Name recognition also works well when it comes to manipulating politicians to achieve a desired effect and Trump is one of the poster boys for that route to the American Dream.

It is not without good reason that Donald Trump is viewed with a certain amount of suspicion by those who look at his past history of bankruptcy and bad business decisions. (Remember how Merv Griffin took his flabby ass to the cleaners? Merv freaking Griffin! Donald Trump had his butt handed to him by a lounge singer.) In order to change this perception, Donald Trump might well consider taming his more flamboyant excesses, not only in the arena of celebrity, but also by being more circumspect in the business decisions that he does make.

The modern day legal entity known as the corporation was created during the rise of the industrial revolution with the specific intention of reducing personal liability for individual business practices. Although there is nothing illegal about Donald Trump's actions, the taint of ethical irresponsibility cannot be escaped. It is especially offensive when the politicians that Donald Trump has supported through the years are the very ones who have moved to make personal bankruptcy more difficult for those who have little other recourse to escape debts incurred by such things as putting a night at one of Trump's resorts on their credit cards.

Takeaways
  • Fame is the quickest route to success in America, working especially well when you don't possess any other recognizable talent.
  • Donald Trump had his butt handed to him by a lounge singer.
  • It is not without good reason that Donald Trump is viewed with a certain amount of suspicion by those who look at his past history of bankruptcy and bad business decisions.
Did You Know?
The modern day legal entity known as the corporation was created during the rise of the industrial revolution with the specific intention of reducing personal liability for individual business practices.
Comments
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The point is that average people, misled by credit card company advertising and abtruse legalese, often find themselves in debt from which the only possible escape is bankruptcy. While Trump has supported politicians who have made it more and more difficult to file for bankruptcy, these politicians have also made it easier for credit card companies to change the rules without informing their customers AND have made it easier for business "geniuses" like Mr. Trump to file for corporate bankruptcy when they make the very same kinds of mistakes of overextension.

Posted on 01/03/2007 at 1:01:00 PM

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