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Trump tried to convince deported South Korean workers to stay and train Americans
(www.independent.co.uk)
this post was submitted on 11 Sep 2025
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This is the managerial talent that bankrupts casinos.
The joke of the Trump Taj Mahal and Trump Plaza Hotel and Casino was that Trump still made money on both operations. What ultimately bankrupted the casinos was all the unpaid debts and obligations and liens by contractors.
He'd hire people, refuse to pay them when the work was complete, and take them to court over every little thing. The business was siloed off from Trump's personal holdings, so the only thing anyone could collect on was a building that had liabilities far in excess of revenues (which Trump was embezzling anyway). By the time Taj Mahal was sold off and Plaza Hotel and Casino was demolished, they were underwater several times their book value.
This was a miserable way to run a business. And it wasn't a particularly savvy way to make money long term. But as a Bust Out, it went relatively smoothly. The state officials of New Jersey played along in exchange for handsome contributions to their election funds, the regulators stayed out of Trump's hair(piece), and the Trump family left the market richer than when they started, which is all they really cared about.
The New York Times showed in 2020 that he’s also been using his hundreds of millions of dollars in “debts” to avoid paying taxes for literally decades now as well.
He’s provably a sham from top to bottom and his fans love it.
Also the money laundering got a little too sloppy so his russian mob handlers told him to burn it.
So, same strats but now the casino is a (increasingly "former") superpower that can make war.
Yeah, that checks out.
What I really don't understand is how destroying the country will benefit these ultra-rich, if like, say, the dollar becomes worthless and the economy stagnates into freefall a la Great Depression.
Do I not understand global economics of the ultra-elite or is there really some Epstein-crypto-island-2.0 where gold bars are the only currency, where they're planning on skittering off to when they've left the rest of the planet a smoldering ruin?
Seriously, they're the greediest most self-serving liars this side of Hell, I don't think "Watch it all burn just for lulz" is the actual endgame and yet they're so ridiculously inept and violent that seems to be the only logical outcome that can be seen miles away and closing fast...
The Mob bosses's idiot nephew with a loud mouth that pushed his way to a managerial position even though he has no talent at all but thinks he is the smartest person in the room because everyone is afraid of him and his family.
Hell, I'd take Christopher Moltisanti for president over this jabroni any day of the week