General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSaw this meme on Facebook. It may the best idea I've heard this election season
"I think Bloomberg should buy all of Trump's debts and then call the loans. Take everything."
Roland99
(53,342 posts)OneBro
(1,159 posts)Trump would just declare bankruptcy, then Putin would extend a new line of credit to Trump.
dflprincess
(28,075 posts)Liberty Belle
(9,534 posts)Business leaders in the little town of Jacumba Hot Springs, CA pleaded with the richest businessman in town (who owns a nudist resort) to buy the Jacumba Spa because it was the biggest tourist draw in the small high desert town and was being run into the ground by bad apples.
Instead, he bought the bank note and as soon as they missed their next payment, he called in the loan and tookover ownership of the spa/hotel. In the deed he found out he hadn't just bought a spa, he'd purchased 46 parcels that constituted most of downtown Jacumba!
He invested a couple million to renovate the run-down spa, helped revitalize a music festival and kept alive a town that was dying on the vine, though long term it's not clear if this will be enough. But it sure was an astonishing turn of events!