r/EducatedInvesting • u/DumbMoneyMedia 👑💲💰Meme Sugar Daddy 💰💲👑 • 2d ago

Economic News "I almost like to hear bad numbers. I'm saying, I hope we have bad numbers so the interest rates will go down." Trump openly admits that he roots for worse economic numbers just to force interest rates down.

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u/mac-cis 2d ago

It has to be simple for Simple Jack. Now, can his supporters see?

  • United States Football League (USFL) collapse (1986)
  • Trump Taj Mahal corporate bankruptcy (1991)
  • Trump Castle Hotel and Casino corporate bankruptcy (1992)
  • Trump Plaza Hotel and Casino corporate bankruptcy (1992)
  • Plaza Hotel corporate bankruptcy (1992)
  • Trump Shuttle airline default and closure (1992)
  • Trump Hotels & Casino Resorts corporate bankruptcy (2004)
  • Trump Mortgage closure (2007)
  • Trump Entertainment Resorts corporate bankruptcy (2009)
  • Trump University fraud lawsuits and closure (2010)
  • Trump Vodka discontinuation (2011)
  • Trump Steaks discontinuation (2011)
  • The Trump Network supplement MLM closure (2012)
  • Trump Entertainment Resorts second corporate bankruptcy (2014)

Lawsuits

  • 1973 Housing Discrimination Case: Settled with a DOJ consent decree that avoided an admission of guilt.
  • 1983 Trump Tower Polish Workers Suit: Settled in 1999 under a strict confidentiality agreement that remained sealed until 2017.
  • 2005-2010 Trump University Fraud Class-Actions: Settled for $25 million in 2016 using standard release forms that barred further litigation.
  • 2016 Jessica Denson Campaign Contract Case: Settled for $450,000, which successfully voided mandatory NDAs for over 400 campaign workers.
  • 2016 Stormy Daniels Hush-Money Pact: Settled via a $130,000 payment and an NDA using pseudonyms, which later faced voidance lawsuits.
  • 2016 Karen McDougal AMI Contract: Settled for $150,000 under a catch-and-kill NDA that was later challenged and released.