janehamsher Jane Hamsher“Getting Serious” About Social Security – Or Why Obama Fills Me with Dread (link deleted, no way in hell I’m giving her clicks)
janehamsher Jane HamsherFor Obama, Abortion Proves Not So Much a Right as a Bargaining Chip (link deleted, no fucking way am I’m giving her clicks)
That Donny Trump has a pretty high opinion of himself these days and isn’t really shy in saying so. But he gets awfully defensive about his many bankruptcies and seems to think because it was the different corporations that went bankrupt, it really wasn’t him. He shielded himself pretty good, which is smart I guess. But just because you are shielded doesn’t mean it isn’t your company that went bankrupt. International Business Times has a story about it, check it out…
In an interview with Kelly Evans of the Wall Street Journal, Trump was asked if someone (like him) who has filed multiple corporate bankruptcies should be running the finances of the US, especially at a time when the national debt is so high.
Trump responded that he simply used the law of the country – namely Chapter 11 – to negotiate corporate debt deals. He also said great businessmen like Carl Icahn and Henry Kravis both have filed for corporate bankruptcies.
Previously, Trump filed for corporate bankruptcy in 1991, 1992, 2004, and 2009.
As Trump stated in the interview, these Chapter 11 corporate bankruptcies were used to negotiate debt deals. After the deals were done, all of his companies went on to survive (and in some cases thrive).
Now that I am on Twitter, things will probably be a little different. I have decided that as I get great links from the “Twitterverse”, I’m going to post them here, just to share with all of you who may not be on Twitter. After two days being on Twitter, I have mixed feelings about it. I love the links and the great people I’m following, but man it could take over your life in a hurry.
I personally need to watch it again and try to listen to just one of the men at a time, there was a lot of talking (screaming) over each other.
This is a two-fer. First, it s a huge shout out to the best blogger on the internet, my hero, Steve Benen at The Washington Monthly and it is also a great story about the strange election in Wisconsin that everyone is saying is a referendum on Scott Walker. Go Steve, you rock, dude.