Face the Facts About Donald Trump - True Pied Piper
Over and over again we listen to the general media interview people all over the United States about why they are supporting and voting for Donald Trump. It makes us realize just how ignorant so many people are when they continue to reply because Donald Trump is a good business man. Below is a list of the failed businesses of Trump along with the list of companies that he had license agreements with that have failed.
If Trump was asking these same people to invest in one of his future companies we would certainly hope they would look deep into his past history before giving him one dime. The odds are if they did invest they would loose their investment. Yet they want to provide him with Presidential power. The only core reason for this is our public and private educational sources have failed miserably.
The blame also needs to be directed at the general media platforms on both sides of the aisle for not hammering at the long list of short comings of Donald Trump.
Trump’s Failed Businesses
The Trump Taj Mahl, which was built and owned by President Trump, filed for Chapter 11 bankruptcy in 1991
The Trump Plaza owned by Trump filed for Chapter 11 bankruptcy in 1992
The Trump Castle owned by Trump filed for Chapter 11 bankruptcy in 1992
The Plaza Hotel owned by Trump filed for Chapter 11 bankruptcy in 1992
THCR, which was founded by President Trump in 1995, filed for bankruptcy in 2004
Trump Entertainment Resorts Inc., the new name given to Trump Hotels & Casinos Resorts after its 2004 bankruptcy, declared bankruptcy in 2009
List of companies that had license agreements with President Trump that have failed:
Trump Shuttle Inc., launched by President Trump, defaulted on its loans in 1990 and ceased to exist by 1992
Trump University, founded by President Trump in 2005, ceased operations in 2011 amid lawsuits and investigations regarding the company’s business practices
Trump Vodka, a brand vodka produced by Drinks Americas under the license from the Trump Organization, was introduced in 2005 and discontinued in 2011
Trump Mortgage, LLC, a financial services company founded by President Trump, ceased operations in 2007.
GoTrump.com, a travel site founded by President Trump in 2006, ceased operations in 2007.
Trump Steaks, a brand of steak and other meats founded by President Trump in 2007, discontinued sales two months after its launch.
The short comings of Trumps business deals only adds to the fact he continues to think he is above the law in all areas. How in the world can voters endorse a person who believes the laws do not apply to him? He totally collects funds and misuses them for his personal use yet many believe their donations are being directed to his political campaign. His legal bills are huge and many lawyers have not been paid and never will get paid. Millions of dollars are being spent by the federal government to see that there is justice. This money could be directed to solving many of the more pressing challenges that are entire country is facing on dozens of issues.
Trumps Legal Troubles
President Trump is involved in numerous lawsuits and other matters that could damage his reputation, cause him to be distracted from the business or could force him to resign from TMTG’s board of directors.
A congressional committee is investigating President Trump’s role, if any, in violence at the United States Capitol on Jan. 6, 2021. Two groups of U.S. Capitol Police officers, in two separate lawsuits, have sued President Trump for allegedly inciting riots on that date.
On going litigation involving President Trump related to the 2020 election, including a lawsuit filed by the NAACP Legal Defense & Educational Fund, and a criminal investigation launched by the Fulton County, Ga., district attorney’s office ... into President Trump’s alleged interference in the presidential election.
The U.S. House of Representatives Committee on Oversight and Reform is investigating President Trump’s alleged destruction and removal of classified documents and White House records, as well as potential inaccurate financial statements filed by the Trump Organization in relation to the Trump Hotel in Washington, D.C.
Separate investigations have been launched by the New York County (Manhattan) district attorney, the New York attorney general, and the Westchester County district attorney to determine if the Trump Organization made false valuations of property to avoid tax liability and for other financial benefits.
On April 25, 2022, a New York state court judge held President Trump in civil contempt for failing to comply with a subpoena for documents related to the New York attorney general’s investigation of the Trump Organization. President Trump, along with his three eldest children (including Donald Trump Jr., a TMTG board member), are defendants in a class-action lawsuit accusing them and the Trump Corp. of defrauding investors in exchange for secret payments from multiple companies.
The Trump Organization recently paid $750,000 to settle a lawsuit filed by the District of Columbia accusing the organization of misusing nonprofit funds from the 58th Presidential Inaugural Committee.
President Trump is the defendant in a defamation lawsuit filed against him by E. Jean Carroll who claims that President Trump defamed her when he denied her allegations of sexual assault against him. In the past, President Trump has been involved in multiple lawsuits and settlements — and the subject of numerous accusations that did not result in legal action — related to sexual conduct and alleged misconduct.
Over the previous three decades President Trump and his businesses had been involved in 3,500 legal cases in U.S. federal and state courts. ... In the 1,300 cases where the record establishes the outcome, President Trump settled 175 times, lost 38, won 450, and had another 137 cases end with some other outcome. In the other 500 cases, judges dismissed plaintiffs’ claims against President Trump.
