Wednesday, October 04, 2017

Why this island country is in dire straits?





Your president is saying to the media every day since
Hurricane IRMA'
And
'Hurricane Maria'
Puerto Rico, Pay your debts!
Why this island country is in dire straits?
Millionaires and Billionaires from the main land of course Playground!

What is the definition of Insanity?

Doing the same thing over and over again, hoping for a different outcome!
How Many Times Has Donald Trump Filed For Bankruptcy?
NONE!
He dumped each one on others!
In 1991, unable to pay a $3.5 billion loan, he declared business bankruptcy.
Not even a year later, Trump Plaza Hotel folded and Donald had to declare bankruptcy. Again,
February 17th 2009, In 2004, Donald filed for bankruptcy protection and restructured his debt
Donald Trump filed for Chapter 11 bankruptcy

Donald Trump was "forced to file for bankruptcy not once, not twice, four times." http://www.politifact.com/truth-o-meter/statements/2015/sep/21/carly-fiorina/trumps-four-bankruptcies/
FORBES,
Here at Forbes we've been tracking
Donald Trump’s wealth since the inaugural
Forbes 400 rich list in 1982.
Today, we value him at $2.7 billion, although he claims he's worth far more.
One question we're often asked when talk turns to Trump's fortune: how can a man who has been bankrupt so many times remain a multi-billionaire?
How is he worth more now, post-bankruptcies?
We spoke to bankruptcy lawyers and casino industry experts -- some of whom have had firsthand involvement in Chapter 11 cases connected to Trump -- in an attempt to explain how he has survived corporate bankruptcies and thrived in the aftermath. https://www.forbes.com/sites/clareoconnor/2011/04/29/fourth-times-a-charm-how-donald-trump-made-bankruptcy-work-for-him/#3ffabc317ffa