Is Donald Trump a successful businessman? Let’s look at his record

Donald Trump and his friends, the Clintons
Donald Trump and his friends, the Clintons

This post is from Daily Wire, and it lists a number of Donald Trump’s business misadventures:

  • United States Football League 
  • Trump Steaks 
  • Trump Vodka 
  • Trump’s board games 
  • Trump Airlines 
  • Trump Mortgage 
  • GoTrump.com 
  • Trump Magazine 
  • Trump hotels and casinos (four bankruptcies)
  • Trump University

But most interesting of all is the Trump University case.

Here’s an article from National Review about that:

Many people believe that higher education is a de facto scam. Trump University, Donald Trump’s real-estate institution, was a de jure one.

First thing first, Trump University was never a university. When the “school” was established in 2005, the New York State Education Department warned that it was in violation of state law for operating without a NYSED license. Trump ignored the warnings.

[…]Trump University is currently the defendant in three lawsuits — two class-action lawsuits filed in California, and one filed in New York by then-attorney general Eric Schneiderman, who told CNN’s New Day in 2013: “We started looking at Trump University and discovered that it was a classic bait-and-switch scheme. It was a scam, starting with the fact that it was not a university.”

Trump U “students” say the same. In his affidavit, Richard Hewson reported that he and his wife “concluded that we had paid over $20,000 for nothing, based on our belief in Donald Trump and the promises made at the [organization’s] free seminar and three-day workshop.” But “the whole thing was a scam.”

In fact, $20,000 is only a mid-range loss. The lead plaintiff in one of the California suits, yoga instructor Tarla Makaeff, says she was “scammed” out of $60,000 over the course of her time in Trump U.

How could that have happened? The New York suit offers a suggestion:

The free seminars were the first step in a bait and switch to induce prospective students to enroll in increasingly expensive seminars starting with the three-day $1495 seminar and ultimately one of respondents’ advanced seminars such as the “Gold Elite” program costing $35,000.

At the “free” 90-minute introductory seminars to which Trump University advertisements and solicitations invited prospective students, Trump University instructors engaged in a methodical, systematic series of misrepresentations designed to convince students to sign up for the Trump University three-day seminar at a cost of $1495.

[…]But according to the New York complaint, none of the instructors was “handpicked” by Trump, many of them came from fields having nothing to do with real estate, and Trump “‘never’ reviewed any of Trump University’s curricula or programming materials.” The materials were “in large part developed by a third-party company that creates and develops materials for an array of motivational speakers and seminar and timeshare rental companies.”

Furthermore, Trump’s promises that the three-day seminar ($1,495) would include “access to ‘private’ or ‘hard money’ lenders and financing,” that it would include a “year-long ‘apprenticeship support’ program,” and that it would “​improve the credit scores”​ of students were empty.

How is it that the mainstream media never told us about this? I suspect they will – once Trump is declared the Republican nominee. For now, they prefer to keep it hidden.

Donald Trump inherited a lot of money from his father. Should we assume that he knows something about business just because he did? Or should we look at his record and see how good of a businessman he really is?

Report: how Donald Trump used illegal immigrants to build Trump Tower

Donald Trump and his friends, the Clintons
Donald Trump and his friends, the Clintons

The Daily Beast explains how Trump used illegal immigrant labor to build his Trump Tower.

Excerpt:

Thirty-five years ago, a small army of illegal immigrants was used to clear the site for what became the crown jewel of Donald Trump’s empire.

The 200 demolition workers—nicknamed the Polish Brigade because of their home country—worked 12-hour shifts, seven days a week with no overtime to knock down the old Bonwit Teller building and make room for Trump Tower on Fifth Avenue in Manhattan.

According to testimony in a protracted civil suit in federal court, the laborers were paid $5 an hour or less when they were paid at all. Some went unpaid after the contractor had financial troubles. A few never received even the paltry sum that was owed them for their dirty and hazardous efforts preceding the construction of Trump’s monument to his own wealth.

“They were undocumented and worked ‘off the books,’” Manhattan federal Judge Charles Stewart said of the workers after they became the subject of a 1983 lawsuit. “No records were kept, no Social Security or other taxes were withheld.

I am for work permits for foreign workers who can find a willing employer here, but those employers should not be allowed to work without paying taxes, and for less than the minimum wage. That’s not fair to all the American workers who do pay taxes and who do play by the rules. It seems to me that you cannot really be against illegal immigration if you are benefiting from it. Is this how Donald Trump intends to bring jobs back to America?

Which candidate is best at working with Democrats to get things done?

The Jesus Seminar and their pre-suppositions
Republican voters need to go beyond the surface level in assessing candidates

I have a few friends who I know are supporting either Donald Trump or Marco Rubio in the election. I have asked them specifically what policies, accomplishments and past battles they like best about their candidate.

Donald Trump supporters say this:

  • he’s leading in the polls (vs Republicans)
  • he tells it like it is
  • he’s going to build a fence  and make Mexico pay for it
  • he’s a businessman

Marco Rubio supporters say this:

  • he’s leading in the polls (vs Democrats)
  • he’s handsome
  • I like the way he talks
  • his wife was a Miami Dolphins cheerleader, so she is prettier and funner than nerdy workaholic Harvard MBA Heidi Cruz

My candidate is Ted Cruz, and the Trump supporters tend to have no problem with him. But the Rubio supporters don’t like Cruz. So I made a list of their objections to Cruz.

The Rubio supporters say this:

  • (quoting Donald Trump) not one of his colleagues in the Senate has endorsed him
  • he won’t be able to convince other people to get things done
  • I don’t like the way he talks
  • he has a pickle nose
  • he said he wanted to make Marco Rubio’s amnesty bill “better” but  his amendment actually killed the amnesty bill – that means he’s a liar because his amendment didn’t make the bill better

Regarding the point about Ted Cruz not being able to get along with his colleagues in the Senate, that’s actually false. First, Cruz and Rubio came into the Senate at the same time, and Cruz has passed more legislation than Rubio. That might be because Rubio has the worst attendance record in the Senate.

When Rubio works together with people, he authors an amnesty bill, he supports the failed Libya invasion, he gives in-state tuition to illegal immigrants, he weakens border security, he authors a bill to remove the due process rights of men falsely accused of rape on campus, he skips votes to defund Planned Parenthood, he is liberal on the issue of gay marriage, his deputy campaign manager is a gay activist, and so on. In short, he works with liberals on liberal priorities – that’s why he is likable to them.

Ted Cruz gets into trouble with his colleagues, because he tries to stop the spending, stop amnesty, stop the military interventions in Syria, Libya and Egypt, etc. That’s why he is not likable to them.

What about the point that Cruz would not be persuasive to Democrats, and so would not be able to get anything done? Well, we already saw that Cruz has passed more legislation than Rubio, despite having a pickle nose. But he’s also shown the ability to pull Democrats towards his point of view.

Here’s an article from PJ Media to explain:

Now that Cruz regularly polls toward the top of an ever-shrinking field, his early tenure bears closer scrutiny. Cruz has gained fame as a social conservative and an unwavering opponent of Obamacare. In his first major leadership role, however, he developed economic policy as the director of the Federal Trade Commission’s Office of Policy Planning.

At the FTC, Cruz’s agenda could have been written by Milton Friedman.

Cruz promoted economic liberty and fought government efforts to rig the marketplace in favor of special interests. Most notably, Cruz launched an initiative to study the government’s role in conspiring with established businesses to suppress e-commerce. This initiative ultimately led the U.S. Supreme Court to open up an entire industry to small e-tailers. Based on his early support of disruptive online companies, Cruz has some grounds to call himself the “Uber of American politics.”

Moreover, and perhaps surprising to some, Cruz sought and secured a broad, bipartisan consensus for his agenda. Almost all of Cruz’s initiatives received unanimous support among both Republicans and Democrats.

Ted Cruz a consensus-builder? He was, at the FTC.

[…]Beyond the e-commerce initiative, Cruz also reoriented the FTC’s use of antitrust laws.

[…]Cruz also sent dozens of letters to states to fight new efforts to enshrine crony capitalism.

[…]Perhaps surprisingly, Cruz secured a high degree of consensus in pursuing his agenda.

As an independent agency, the FTC has five commissioners, and during Cruz’s tenure, two of them had served in President Clinton’s administration. All five commissioners voted to support almost all of Cruz’s proposals.

Cruz achieved this consensus by listening to policy experts and political opponents. He listened to the FTC’s economic experts and marshaled empirical economic analysis to support his policy objectives. He solicited input from prominent Democrats, including the late Senator Howard Metzenbaum, who spoke at the e-commerce conference. In addition, Cruz worked to develop personal relationships across the aisle. He regularly met with Democratic commissioners and incorporated their ideas into his policy proposals.

The article explains Cruz’s conservative agenda in detail; increasing competition, protecting consumers, and so on. But he wasn’t likable in the way that Marco Rubio was likable – by pushing a Democrat agenda. He was likable by convincing Democrats to push a conservative agenda. He did it by gathering evidence and making his case. And that’s what you expect from a lawyer who wins cases for conservatives at the Supreme  Court.