Because People in power are Stupid: HE'S LOSING MONEY!!!

Quick, Republicans to the bailout cave.

derp

In one sense he's correct. His wealth is based in large part on the perceived amount of his wealth, and that perception is marketed to create said wealth.

Where would he stand if he had to pay back hie bankruptcy debts?

fark Donald Trump.

Of course he's worth more. He hides his money under his ferret then files bankruptcy after not paying his bills.

Pay your notes deadbeat!

what about his hair? did he mention his hair is priceless?

Donald Trump doe snot have a billion dollars. People who have a billion dollars do not do a reality show because the money is good.

DrippinBalls: carrion_luggage
Underestimating Donald Trump's worth guarantees there'll be hell toupee.

Post of the decade.

/Oh, BTW, it's "there will be hell toupee." Yes, I'm sick.

This just in: while not commonly used, contracting "will" to a pronoun with " 'll" is perfectly cromulent english.

"You'll pay for this!"

"Oh, he'll be sorry!"

"There'll be hell to pay for this!"

And he still can't buy class...

/Or dignity.

"I don't know what I want the family and I to have for dinner tonight. Should we fly our private jet for some Hawaiian, or go to Paris for some French? "

/1% problems
/true story, little camper girl at a well to do camp I worked at arguing with other brat about where they like best to fly to for dinner

I've got 99 problems but good hair ain't one.

The_EliteOne: /1% problems
/true story, little camper girl at a well to do camp I worked at arguing with other brat about where they like best to fly to for dinner

True story, if you are lucky enough to be born and live in America, you are the 1%, much as you like to pretend otherwise. Democrats are too busy complaining about everything for their entire lives to even realize how lucky they truly are.

Why Would I Read the Article: The_EliteOne: /1% problems
/true story, little camper girl at a well to do camp I worked at arguing with other brat about where they like best to fly to for dinner

True story, if you are lucky enough to be born and live in America, you are the 1%, much as you like to pretend otherwise. Democrats are too busy complaining about everything for their entire lives to even realize how lucky they truly are.

Somewhere, someone else has it worse than you. Therefore, all of your arguments about inequality are invalid

If that's the case, the Republicans should STFU and hike taxes on the rich.

CPennypacker: Donald Trump doe snot have a billion dollars. People who have a billion dollars do not do a reality show because the money is good.

I agree with you but I'll play Devil's Advocate and say that they DO if it serves their vanity. Other people, mostly George Ross, run the Trump Organization. Donald's job is to preen and blow hot air and be a kind of spokesman and figurehead and a reality show plays into that. It suits him because he likes attention.

gshepnyc: CPennypacker: Donald Trump doe snot have a billion dollars. People who have a billion dollars do not do a reality show because the money is good.

I agree with you but I'll play Devil's Advocate and say that they DO if it serves their vanity. Other people, mostly George Ross, run the Trump Organization. Donald's job is to preen and blow hot air and be a kind of spokesman and figurehead and a reality show plays into that. It suits him because he likes attention.

If he had billions of dollars he could buy his own network and be on TV all day long to suit his vanity instead of posting his stupid AW videos on YouTube for free.

CPennypacker: Somewhere, someone else has it worse than you. Therefore, all of your arguments about inequality are invalid

Somewhere, someone else has it better than me, and they should have to give me the difference, just because.

Not really a better argument, but whatever floats your boat.

Why Would I Read the Article: CPennypacker: Somewhere, someone else has it worse than you. Therefore, all of your arguments about inequality are invalid

Somewhere, someone else has it better than me, and they should have to give me the difference, just because.

Not really a better argument, but whatever floats your boat.

No, you're right. It's a way way worse argument. Whats your point?

I sincerely doubt his net worth is truly that much or anywhere near it, unless you're counting non-monetary assets like "fame" or "name recognition"

The only money he has is from real estate (in which you always owe more than you have and hope the market goes up) and he went bankrupt several times there; and from the Apprentice TV show, for which he is not the producer and does not own the rights, so he's just well-paid talent, but in the millions, not billions.

Unless they're just counting assets not debt. Which is a lunatic way of calculating worth.

Yeah, that's why he goes bankrupt every other year.

At $3 billion his biggest asset -- by far -- is brand value, which according to a note "has been established by Predictiv, the highly respected brand valuation company."
The company, the note continues, "measures the financial impact of intangibles such as brand, strategy execution, innovation and post-merger integration."

How the hell did Forbes miss that huge intangible asset on his balance sheet?
What? It's not on his balance sheet?
Because "strategy execution" it's not an asset you say?

Isitoveryet: what about his hair?

Unfortunately, that's worth -$10 billion.

CPennypacker: Why Would I Read the Article: CPennypacker: Somewhere, someone else has it worse than you. Therefore, all of your arguments about inequality are invalid

Somewhere, someone else has it better than me, and they should have to give me the difference, just because.

Not really a better argument, but whatever floats your boat.

No, you're right. It's a way way worse argument. Whats your point?



Argument A is a straw-man argument that implies that all people must attain exactly the same wealth (an idea which - contrary to conservative rhetoric - no sane "liberals" actually endorse). Argument B suggests that the success or failure of some is in no way reliant on - or impacts - those around them. Correcting for snark-factor, neither one of these things makes any sense.

That anyone in the top 10% would feel that they are being shorted by a bargain in which they give up a small percentage more (read: marginal tax rates) on income above a level which is several times more than the average income, in order to live in a stable society in which the terror of financial catastrophe doesn't bring the masses to the gates of the wealthy with pitchforks, is completely irrational. To insist that this sentiment means that everyone should be limited to exactly the same amount of wealth is disingenuous at best. For anyone who doesn't have access to stratospheric wealth to either of these views is just plain stupid.

For anyone who doesn't have access to stratospheric wealth to DEFEND either of these views is just plain stupid.


That is.

It's good to have a rich daddy.

/duh

Goodfella: Yeah, that's why he goes bankrupt every other year.

well you can't blame him for taking advantage of a broken system. Hell if I knew how to I would too.

Trump went bankrupt for the 4th time in 2009.

Trump: What the world can't stand about America bundled up in one man.

Some idiots here don't understand the difference between a personal bankruptcy and a business bankruptcy. Seriously, if you don't understand fundamental business concepts like this, please don't impose your ignorance on us, you farking boneheads.

I detest Donald Trump as much as any reasonable person should, but if you're going to post shiat about him, at least make sure your information is accurate.

Atomic Spunk: Some idiots here don't understand the difference between a personal bankruptcy and a business bankruptcy. Seriously, if you don't understand fundamental business concepts like this, please don't impose your ignorance on us, you farking boneheads.

I detest Donald Trump as much as any reasonable person should, but if you're going to post shiat about him, at least make sure your information is accurate.

So when Trumps says he's worth $3 billion is it personal wealth or business value? When he starts making the distinction then I think your point will be valid.

treecologist: Atomic Spunk: Some idiots here don't understand the difference between a personal bankruptcy and a business bankruptcy. Seriously, if you don't understand fundamental business concepts like this, please don't impose your ignorance on us, you farking boneheads.

I detest Donald Trump as much as any reasonable person should, but if you're going to post shiat about him, at least make sure your information is accurate.

So when Trumps says he's worth $3 billion is it personal wealth or business value? When he starts making the distinction then I think your point will be valid.

I don't really give a crap whether you think my point is valid or not. He had ownership in a business that filed chapter 11, then reemerged with their debt restructured. The businesses are still viable so whatever ownership stake he has in it is part of his net worth.

Delta Airlines went through bankruptcy a while back. If I owned 50% of Delta Airlines now, does that mean it doesn't count when I'm trying to figure out my net worth? Of course not - only a farking idiot would think that.

Why don't you go back into your hole and get an education before you post again.

Donald Trump says HEY WHY AREN'T YOU PAYING ATTENTION TO ME

Donald Trump has zero respect for the mechanisms of the US that have allowed him to become wealthy. He has no respect for the office of President. He sees running for President as a mere publicity tool and finds no shame in doing so. He is utterly incapable of solemnity; he is the type who would laugh at a funeral. The man turns my stomach in the worst way. Everything about him screams: slimy, greedy, fake, obnoxious.

How much did the Don inherit and when? Compare that to the 2.9B he is supposedly worth presently, after inflation.

bootman: How much did the Don inherit and when? Compare that to the 2.9B he is supposedly worth presently, after inflation.

This. As the saying goes, Trump was born on third base and he thinks he hit a triple.

As another saying goes, what the hell is living on his head????

His net worth is 'uuge.

Atomic Spunk: treecologist: Atomic Spunk: Some idiots here don't understand the difference between a personal bankruptcy and a business bankruptcy. Seriously, if you don't understand fundamental business concepts like this, please don't impose your ignorance on us, you farking boneheads.

I detest Donald Trump as much as any reasonable person should, but if you're going to post shiat about him, at least make sure your information is accurate.

So when Trumps says he's worth $3 billion is it personal wealth or business value? When he starts making the distinction then I think your point will be valid.

I don't really give a crap whether you think my point is valid or not. He had ownership in a business that filed chapter 11, then reemerged with their debt restructured. The businesses are still viable so whatever ownership stake he has in it is part of his net worth.

Delta Airlines went through bankruptcy a while back. If I owned 50% of Delta Airlines now, does that mean it doesn't count when I'm trying to figure out my net worth? Of course not - only a farking idiot would think that.

Why don't you go back into your hole and get an education before you post again.

All I did was point out that farkers rightfully make fun of a guy who inflates his own value and you took it personally. You make shiatty investment decisions and you are a f*cking douchenozzle.

CPennypacker: Donald Trump doe snot have a billion dollars. People who have a billion dollars do not do a reality show because the money is good.

That is right. He has several billion dollars.
He does the reality show because he thinks it helps his brand.
Besides, how much time does that show require every week? 30 minutes?

Why Would I Read the Article: if you are lucky enough to be born and live in America, you are the 1%, much as you like to pretend otherwise.

That's retarded.

For one thing; the US has something like 4% of the world's population, so even if every single American was better off than everyone else in the entire world (something utterly asinine on the face of it), still only 25% of us could be in the top 1%.

While his name may be worth $3 Billion, his character is $6 Billion in the red. The only thing keeping him on his feet is the para-sail of hair wrapped around the top of his head.