Thursday, May 9, 2019

Critics Slam 'Billion Dollar Loser' Donald Trump


I seriously doubt that Duh Donald Trump has ever been a billionaire. Others doubt it also.

Informed people have read: "Decade in the Red: Trump’s $1+ Billion Business Losses"

Trump never had $ 1 billion to lose.

The Trump Taj Mahal Hotel and Casino, which opened in April 1990 was more than $800 million in debt, most at high interest rates. It did not generate enough revenue to cover that debt, and sucked revenue from Trump’s Castle and Trump Plaza, pulling them into the red. Trump spent a decade in red ink.

As a result, 1990 and 1991 represented the worst years of the period, with combined losses of $517.6 million. And over the next three years, as Mr. Trump turned over properties to his lenders to stave off bankruptcy, his core businesses lost an additional $286.9 million.

The 10-year total: $1.17 billion in losses.

Duh Donald Trump secretly tapped into father’s wealth to continue "Keeping up Appearances" and living like a winner.



Face it: "Duh Donald is Hyacinth Bucket on steriods."



No comments: