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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump not even elected yet...
and he is already screwing the taxpayers of SC:
Donald Trumps plan to foreclose on a failed North Charleston business co-founded by one of his sons was approved by a judge Monday while the presidential candidate was traveling to the area for a campaign rally.
The foreclosure plan is a complex real estate financing move that could potentially allow the senior Trump to profit from a $3.65 million loan that son Donald Trump Jr. and two other borrowers personally guaranteed to finance a building products company called Titan Atlas Manufacturing but did not repay.
Taxpayers are among the most likely losers in the deal, because the companys unpaid state and federal taxes and other government payments totaling more than $96,000 can be recouped only if the winning foreclosure bid is high enough to cover nearly $5 million in secured debts that are first in line.
http://www.postandcourier.com/article/20151207/PC05/151209533/while-trump-campaigns-in-mount-pleasant-he-pursues-foreclosure-of-north-charleston-business
I know that what he is doing is technically legal, but this is how he thinks the free enterprise system is supposed to work. I would love to see the asshole have to actually work and draw a check to get by sometime. Same as W Bush - never realized that it was an accident of birth and not his business skills that made him rich.
http://www.postandcourier.com/article/20151207/PC05/151209533/while-trump-campaigns-in-mount-pleasant-he-pursues-foreclosure-of-north-charleston-business
shraby
(21,946 posts)world wide wally
(21,836 posts)like eliminating the minimum wage, lowering his own taxes, and destroying safety nets.