Donald Trump mulls presidential run
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Trump Entertainment has filed for federal bankruptcy protection for its Taj Mahal casino-hotel in Atlantic City, just a week before its sister property, Trump Plaza, is set to close down.
In a surprise press release, the company said it would shut down the Taj Mahal on or after November 13th if it doesn’t get major concessions from its creditors and the union representing its casino, hotel, and restaurant workers.
It’s not that the filing, in Delaware Bankruptcy Court, wasn’t expected.
Workers have not yet been issued the federally mandated employment-loss warning letters. But there were reports suggesting the place could close in mid-November.
If the warning letters go out in the next few days, that would meet the 60-day legal requirement.
Bob McDevitt, president of “Unite Here” local 54, issued a statement that said in part, “It’s unfortunate that Trump wants to play the blame game, but the fact is that Taj Mahal had the 5th highest gaming revenue in Atlantic City so far this year, and Trump’s management has failed to capitalize on over $130 million in gaming revenue so far this year from Taj Mahal. Fundamental to Trump’s problems is the fact that the company has almost $300 million in debt.
“If our members were to work for minimum wage with no benefits, it wouldn’t be enough to keep this property in the hands of its current owners for a year.”
Trump Taj Mahal Files For Bankruptcy Protection, Threatens November Shutdown « CBS Philly
In a surprise press release, the company said it would shut down the Taj Mahal on or after November 13th if it doesn’t get major concessions from its creditors and the union representing its casino, hotel, and restaurant workers.
It’s not that the filing, in Delaware Bankruptcy Court, wasn’t expected.
Workers have not yet been issued the federally mandated employment-loss warning letters. But there were reports suggesting the place could close in mid-November.
If the warning letters go out in the next few days, that would meet the 60-day legal requirement.
Bob McDevitt, president of “Unite Here” local 54, issued a statement that said in part, “It’s unfortunate that Trump wants to play the blame game, but the fact is that Taj Mahal had the 5th highest gaming revenue in Atlantic City so far this year, and Trump’s management has failed to capitalize on over $130 million in gaming revenue so far this year from Taj Mahal. Fundamental to Trump’s problems is the fact that the company has almost $300 million in debt.
“If our members were to work for minimum wage with no benefits, it wouldn’t be enough to keep this property in the hands of its current owners for a year.”
Trump Taj Mahal Files For Bankruptcy Protection, Threatens November Shutdown « CBS Philly
once those corporate welfare checks run out many companies file for bankruptcy so that their creditors get screwed as do taxpayers when the corporate taxes are abated - and, as usual, no complaint from the Tea Baggers and other right wingers about the abuses of the nanny state
Look I don't know much other than Donald Trump ain't got nothing on Benny Hinn as far as hair styles go. Hinn could walk through a tornado and not have one hair fall outa place. Oh don't get me wrong, Trumps doo is good, what with that combover goin on and such, but for my money, Hinn's got him beat therefore, I nominate Benny Hinn for Prez.
Donald Trump: My Superior Negotiating Skills Would Help ‘Solve The ISIS Problem’
From CPAC, Sean Hannity helped promote Donald Trump’s make-believe presidential candidacy and make-believe credentials last night.
Despite Hannity's gushing excitement at being at CPAC, even he has got to know that Trump almost certainly will not run. As The Washington Post noted, in Trump’s last iteration of his nearly 30-year long flirtation with running for president, in 2011, “he went to New Hampshire to stoke speculation and issued similar statements about the “serious” nature of his exploration before bowing out and renegotiating his contract with NBC.”
But Hannity said nothing about that to the “we report, you decide” network’s audience.
There was also no mention of Trump’s completely discredited birtherism (nor Trump’s phony-baloney big Hawaii investigation whose results he never revealed) which would likely be a problem for a Trump candidacy. Even though, the night before, Hannity had complained about liberals going birther on Ted Cruz. And even though, as Simon Maloy put it in Salon, “(T)he most prominent voice questioning Cruz’s citizenship is everyone’s favorite clown-wigged birther numskull, Donald Trump.”
Instead, Hannity asked, “How would Donald Trump as president get these people back to work?” (Answer: You have to take the jobs back from China and Mexico, which is “not our friend”).
Then Hannity asked what Trump would “specifically” do to “stop Iran’s nuclear program” and “to defeat ISIS because I don’t hear you saying ‘degrade them’ (like President you-know-who). I hear you saying ‘defeat them’”
“Well, with ISIS, I’d just hit ‘em really hard," Trump announced. And "You may have to have some boots on the ground for a period of time until you get rid of the cancer. That’s number one.” Hannity did not ask what hitting them “really hard” meant.
But hey, with Trump’s amazing acumen, all the world problems are a cinch:
Read more at Donald Trump: My Superior Negotiating Skills Would Help ‘Solve The ISIS Problem’ - NewsHounds
www.youtube.com/watch?v=18d7rRY8hMs&feature=player_embedded
From CPAC, Sean Hannity helped promote Donald Trump’s make-believe presidential candidacy and make-believe credentials last night.
Despite Hannity's gushing excitement at being at CPAC, even he has got to know that Trump almost certainly will not run. As The Washington Post noted, in Trump’s last iteration of his nearly 30-year long flirtation with running for president, in 2011, “he went to New Hampshire to stoke speculation and issued similar statements about the “serious” nature of his exploration before bowing out and renegotiating his contract with NBC.”
But Hannity said nothing about that to the “we report, you decide” network’s audience.
There was also no mention of Trump’s completely discredited birtherism (nor Trump’s phony-baloney big Hawaii investigation whose results he never revealed) which would likely be a problem for a Trump candidacy. Even though, the night before, Hannity had complained about liberals going birther on Ted Cruz. And even though, as Simon Maloy put it in Salon, “(T)he most prominent voice questioning Cruz’s citizenship is everyone’s favorite clown-wigged birther numskull, Donald Trump.”
Instead, Hannity asked, “How would Donald Trump as president get these people back to work?” (Answer: You have to take the jobs back from China and Mexico, which is “not our friend”).
Then Hannity asked what Trump would “specifically” do to “stop Iran’s nuclear program” and “to defeat ISIS because I don’t hear you saying ‘degrade them’ (like President you-know-who). I hear you saying ‘defeat them’”
“Well, with ISIS, I’d just hit ‘em really hard," Trump announced. And "You may have to have some boots on the ground for a period of time until you get rid of the cancer. That’s number one.” Hannity did not ask what hitting them “really hard” meant.
But hey, with Trump’s amazing acumen, all the world problems are a cinch:
Read more at Donald Trump: My Superior Negotiating Skills Would Help ‘Solve The ISIS Problem’ - NewsHounds
www.youtube.com/watch?v=18d7rRY8hMs&feature=player_embedded
