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Old 07-22-2016, 09:51 PM   #1
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Trump lost $300k today

Over one hundred and sixty small businesses, mostly contractors, have recently filed lawsuits against Trump for lack of payment. A small paint store in Florida had to sue Trump National Doral Miami golf resort to get it's final $34k payment. This company put a lien on the property, and the resort was nearly auctioned off. Today a judge in Florida ordered Trump National to pay $300k in legal fees for the paint shop.

Trump just lost $300k because he refused to fork over $34k due to a local contractor.

Trump ordered to pay nearly $300,000 in lawsuit brought by jilted painter | Miami Herald
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Old 07-22-2016, 09:55 PM   #2
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making America great by giving back to small businesses!
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Old 07-22-2016, 09:58 PM   #3
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Trumps about the 1% billionaires & doesn't give a fuck about citizens or small businesses being paid what they're worth, or what they've earned via contract for services rendered

It's all about Trump
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Old 07-22-2016, 09:58 PM   #4
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making America great by giving back to small businesses!
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Old 07-22-2016, 11:20 PM   #5
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Trumps about the 1% billionaires & doesn't give a fuck about citizens or small businesses being paid what they're worth, or what they've earned via contract for services rendered

It's all about Trump
Trump is the puppet of the 1%. He has to owe a lot of money to various banks and institutions. These guys can bankrupt him in a heartbeat. If he tries to make them poorer, they can bring him down.
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Old 07-22-2016, 11:26 PM   #6
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The last I read there were dozens of companies that had put liens on him and taken him to court because he didn't pay them for work they had done on his projects.
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Old 07-23-2016, 01:44 AM   #7
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Are the Trumbots going to come in this thread and defend Trump ripping off small mom&pop businesses?
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Old 07-23-2016, 01:48 AM   #8
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that's standard practice for big businesses, pay as late as possible in an attempt to make the supplier bankrupt so they don't have to pay at all. all big companies do it.
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Old 07-23-2016, 02:27 AM   #9
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that's standard practice for big businesses, pay as late as possible in an attempt to make the supplier bankrupt so they don't have to pay at all. all big companies do it.
Not to the point of having to defend themselves in court.

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The last I read there were dozens of companies that had put liens on him and taken him to court because he didn't pay them for work they had done on his projects.
Shit at running a company, shit at hiring accountants or running short of money?

Yes, people take as long as possible to pay their bills. But once it gets to having a lien or going to court. It's more expensive than just paying late.

In the business world, where he's only operated so far, Trump has fucked up so many times it's a wonder he's got any reputation at all. Give him the Power that goes with the Presidency, then imagine what he will do. As for surrounding himself with advisors. What's his pass record like on that matter?

Obviously failed here, University rules, Scottish Gold Courses, hiring builders, paying taxes, lawyers, etc.
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Old 07-23-2016, 02:50 AM   #10
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once turmp makes MAGA one will not be able to un-MAGA the MAGA
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Old 07-23-2016, 04:12 AM   #11
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Poor Trump, now he only has $8.999.700.000.-

I doubt he cares.
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Old 07-23-2016, 05:14 AM   #12
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that's standard practice for big businesses, pay as late as possible in an attempt to make the supplier bankrupt so they don't have to pay at all. all big companies do it.
That seems like a dumb strategy; how do you get your next shipment of supplies if you bankrupt the supplier?
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Old 07-23-2016, 06:45 AM   #13
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The last I read there were dozens of companies that had put liens on him and taken him to court because he didn't pay them for work they had done on his projects.
I read there are one hundred and sixty lawsuits pending from small contractors who haven't been paid. And even this seems to be a small fraction of the lawsuits currently pending against Trump.
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Old 07-23-2016, 08:03 AM   #14
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Trumps about the 1% billionaires & doesn't give a fuck about citizens or small businesses being paid what they're worth, or what they've earned via contract for services rendered

It's all about Trump
I'm sorry, it's not like you are not totally self-obsessed, with no care for anyone other than yourself.
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Old 07-23-2016, 08:21 AM   #15
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When I was a building contractor I leined jobs I was not paid on within the statutory limit: 90 days of the last furnishing of labor to the contract.

I never had to foreclose --they always paid me with one exception; one builder went bankrupt and I had to write off 42K in contract damages and a small <5K actual loss.

When a developer or general contractor goes bankrupt your lein right is not so clear, the lein needs to be perfected, the Bankruptcy Court's Automatic Stay would apply and you would have a lot of legal costs with no guarantee of ever collecting as a secured (by real property) creditor.

Bankruptcy proceedings are a nice way to fuck over your contractors, employee unions, pension fund obligations, bondholders and wipe out the common stock holders' equity. In other words -- fuck everyone over ...

Donald J. Trump has a lot of experience with this
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Old 07-23-2016, 12:30 PM   #16
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When I was a building contractor I leined jobs I was not paid on within the statutory limit: 90 days of the last furnishing of labor to the contract.

I never had to foreclose --they always paid me with one exception; one builder went bankrupt and I had to write off 42K in contract damages and a small <5K actual loss.

When a developer or general contractor goes bankrupt your lein right is not so clear, the lein needs to be perfected, the Bankruptcy Court's Automatic Stay would apply and you would have a lot of legal costs with no guarantee of ever collecting as a secured (by real property) creditor.

Bankruptcy proceedings are a nice way to fuck over your contractors, employee unions, pension fund obligations, bondholders and wipe out the common stock holders' equity. In other words -- fuck everyone over ...

Donald J. Trump has a lot of experience with this
Trump has a thirty year history of this. Why pay full price when you don't have to? What he seems to do is wait until the work is done, and then they try to renegotiate or just not pay. A small firm with ten employees cannot afford an attorney at $500 an hour.

This is just an insane way of doing business: USA TODAY exclusive: Hundreds allege Donald Trump doesn?t pay his bills

I hope Trump understands you cannot run a government like this.
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Old 07-24-2016, 05:21 AM   #17
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that's standard practice for big businesses, pay as late as possible in an attempt to make the supplier bankrupt so they don't have to pay at all. all big companies do it.

Brilliant business model; make your vendors go bankrupt so you no longer have vendors.

No, not all big companies do it.
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Old 07-24-2016, 06:34 AM   #18
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trump will win either
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Old 07-24-2016, 06:52 AM   #19
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who is more dishonest trump or hilary <-----super hard question right there
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Old 07-24-2016, 09:03 AM   #20
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who is more dishonest trump or hilary <-----super hard question right there
And just how is Clinton dishonest?

Because she was forced to give out answer on a terrorist event when we didn't have any answers no less boots on the ground - in a foreign country with no effective government? Or because she was pushed in a corner about her email server set up and had to answer questions she could not possibly know the answers for - Do you really think she was positive NONE of those tens of thousands of emails had no classified information on them?
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Old 07-24-2016, 09:19 AM   #21
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who is more dishonest trump or hilary <-----super hard question right there
One is proven to be in so many court cases there's no debate. The other, they still can't find enough evidence on to put her in court.
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Old 07-24-2016, 10:30 AM   #22
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Working with trump is profitable. Fact. The establishment doesn't need established leaders it wants semi poor puppets to keep the paupers obedient. America needs a real leader though more than ever. It's neither Hillary nor Donald.
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Old 07-24-2016, 10:38 AM   #23
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Poor Trump, now he only has $8.999.700.000.-

I doubt he cares.
Not anywhere near that number. Guy gets NYC credit for making under 500K a year on his tax returns. All of his "billions" are owned by the banks.
Cuban has billion, Trump doesnt.
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Old 07-24-2016, 10:44 AM   #24
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Does Trump wear a hair hat or has he had a hair transplant ?
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Old 07-24-2016, 10:47 AM   #25
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Does Trump wear a hair hat or has he had a hair transplant ?
He has that "hair" etched into his skull like a good little robot. why?
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Old 07-24-2016, 10:49 AM   #26
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He has that "hair" etched into his skull like a good little robot. why?
No human could have possibly have that hair naturally
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Old 07-24-2016, 11:14 AM   #27
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No human could have possibly have that hair naturally
He's also orange like an orangutan.
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Old 07-24-2016, 12:49 PM   #28
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Working with trump is profitable. Fact.
This is not a fact. You can argue the direct opposite is true.

Small contractors are going out of business working with Trump. The business mentioned in this very thread is a perfect example. They put in a bid, it was accepted, they did the work, and the Trump tried to short them $40k. This most likely put their entire business at risk. Then in order to get that money, they had to shell out even more money to take on Trump.

This is not an isolated case. Seems there are a lot of such cases.

When Trump buys a hotel - with money loaned to him - and it goes belly up.... Everyone loses money. And hundreds if not thousands lose their jobs.

What about people who bought condos from Trump? They put their live savings into a condo that was never built. They had to do sue him too:
Donald Trump settles lawsuit over Baja condo resort that went bust - LA Times

Who is crooked now?
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Old 07-24-2016, 12:53 PM   #29
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Not anywhere near that number. Guy gets NYC credit for making under 500K a year on his tax returns. All of his "billions" are owned by the banks.
Cuban has billion, Trump doesnt.
I wonder what Trump is really worth. It seems the majority of what he owns is really owned by banks.

It seems all of his buildings, resorts, hotels, cansinos, etc, are all owned by the bank. And in some cases, Trump doesn't even own anything - he is just a paid spokesperson.
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Old 07-24-2016, 01:02 PM   #30
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some justice is served. Trump is such a douche!
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Old 07-24-2016, 01:08 PM   #31
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i wonder if they would hit his account
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Old 07-24-2016, 01:11 PM   #32
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This is not a fact. You can argue the direct opposite is true.

Small contractors are going out of business working with Trump. The business mentioned in this very thread is a perfect example. They put in a bid, it was accepted, they did the work, and the Trump tried to short them $40k. This most likely put their entire business at risk. Then in order to get that money, they had to shell out even more money to take on Trump.

This is not an isolated case. Seems there are a lot of such cases.

When Trump buys a hotel - with money loaned to him - and it goes belly up.... Everyone loses money. And hundreds if not thousands lose their jobs.

What about people who bought condos from Trump? They put their live savings into a condo that was never built. They had to do sue him too:
Donald Trump settles lawsuit over Baja condo resort that went bust - LA Times

Who is crooked now?

Trumpanzees think it's the 'normal' way of doing business.
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Old 07-24-2016, 01:15 PM   #33
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Trump lost $300k today
You Have Zero clue about what you post or talk about

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Trump is the puppet of the 1%. He has to owe a lot of money to various banks and institutions. These guys can bankrupt him in a heartbeat. If he tries to make them poorer, they can bring him down.
And neither do you

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Old 07-24-2016, 06:12 PM   #34
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I can't believe no one has said it yet, "adapt or die".
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Old 07-24-2016, 06:29 PM   #35
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Trumps about the 1% billionaires & doesn't give a fuck about citizens or small businesses being paid what they're worth, or what they've earned via contract for services rendered

It's all about Trump
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Old 07-24-2016, 06:34 PM   #36
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You Have Zero clue about what you post or talk about



And neither do you

.

A stunning display of lack of intellect. Is it a bot? Hhmmm
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Old 07-24-2016, 06:48 PM   #37
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Example of over zealous boy, trying to live in a big mans' world, so fucking lost in translation.
Bonking this low information Nolt on the head...
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A stunning display of lack of intellect. Is it a bot? Hhmmm
.
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Old 07-24-2016, 06:52 PM   #38
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Example of over zealous boy, trying to live in a big mans' world, so fucking lost in translation.
Bonking this low information Nolt on the head....
Shit is fitting, good name your programmer chose for your, your programmer is very wise but sucks at AI
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Old 07-24-2016, 06:59 PM   #39
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I wonder what Trump is really worth. It seems the majority of what he owns is really owned by banks.

It seems all of his buildings, resorts, hotels, cansinos, etc, are all owned by the bank. And in some cases, Trump doesn't even own anything - he is just a paid spokesperson.
Yep, all of that Trump water, meat, condoms, pencil sharpeners is not any different from Britney Spears Hamburgers or Daisy Fuentes hair extensions. Mark Cuban spilled the beans already and Trump absorbed the punch because Cuban is right and DGAF if Dorito face clown tries to start dirty twiter war with him.
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Old 07-24-2016, 10:54 PM   #40
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This is not a fact.
Fact and it has also been my personal experience.
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Old 07-25-2016, 02:03 AM   #41
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And just how is Clinton dishonest?

Because she was forced to give out answer on a terrorist event when we didn't have any answers no less boots on the ground - in a foreign country with no effective government? Or because she was pushed in a corner about her email server set up and had to answer questions she could not possibly know the answers for - Do you really think she was positive NONE of those tens of thousands of emails had no classified information on them?
I am not talking about law suits, trump wins hands down there...hilary has this fake aura around her, she would literally declare herself transgender if most of the voter base was transgender LOL
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