Wednesday, May 18, 2016

A TALE OF TWO FAILURES

The two failures to be addressed are:
1. Donald Trump's failure with Trump Taj Mahal;
2. Jane Sanders' failure with Burlington College.

In 1987 Donald Trump bought the CIA's stake in Resorts International (a money laundering scheme for the CIA/mob) for $80 million. Four years later, Trump Taj Mahal (a mecca for gambling and sleazy 'exotic' dancing) faced bankruptcy, Trump already having spent approaching $1 billion on what Trump described as "the eighth wonder of the world". But somehow, Trump avoided bankruptcy, because he was, for whatever reason, bailed out by devotee of Ayn Rand, Alan Greenspan. In February last year Trump Taj Mahal was find $10 million for "significant and long-standing money laundering violations".

Jane Sanders was President of a college which delivered educational programs in art and fine art, literature, film, photography, graphic design, among other subjects. To expand the college and thus the overall education of the local population, Jane Sanders took out a loan of $10 million from a bank to buy a former college of the Catholic Church. However, the forecasted fundraising and enrolment figures have not materialised leading to the college suffering unpayable debt and closing because unlike Trump, the Chairman of the Board of Governors of the Federal Reserve is not going to bail the college out.

So let's just clarify all this to put it all into perspective to compare the scale of each failure:
1. Trump buys into a CIA/mob money laundering scheme, forks out $1 billion to build a mecca of gambling and exotic dancing, but it fails, leading to Alan Greenspan bailing Trump out, and last year Trump Taj Mahal was fined $10 million for money laundering;
2. Jane Sanders wanted to help to educate her local population to be artistic and productive, so she took out a loan of $10 million from a bank to expand the college, but the forecasted fund-raising and enrolment has not occured leaving the college with unpayable debts, and the college is not bailed out.

Note: the loan that Jane Sanders took out to help educate her local population was the same as the fine that was imposed on Trump Taj Mahal for money laundering (when the original purpose of Resorts International was for money laundering).

So, that is a tale of two failures.

But wait.

There's more.

For Kit Daniels of Infowhores has covered this. And guess what? Yaarp! Trump's sleazy dodgy Trump Taj Mahal with its $10 million fine for money laundering isn't mentioned!

From
Well, isn’t that hilarious: after Bernie Sanders spends his entire presidential campaign pushing “free college” for everyone by increasing the national debt, his wife bankrupts a college into oblivion through deficit spending.

I don't think Daniels quite gets it. Sanders plans to finance free education by taxing Wall Street, not by "increasing the national debt".

And as just shown above, Trump spent $1 billion on a mecca for gambling and sleazy exotic dancing. Jane Sanders wanted to educate.

But the thing to take away from all this is: Daniels (and all Infowhores) should note that Trump bought into a CIA/mob money laundering scheme, he was then bailed out by Alan Greenspan, and last year that money laundering scheme was fined $10 million for...MONEY LAUNDERING!!!

What should that tell you? Eh?





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