Leading Republican presidential contender Donald Trump says he has the experience losing stockholders’ money to help the United States navigate the difficult world it faces as it transitions from being the world’s largest and most important economy to one that’s unable to fund basic services, repair its infrastructure, or educate its children beyond bible teachings.
“What do you need when you enter bankruptcy?” Trump asked an audience of several thousand at a campaign stop in Ames, Iowa. “You need someone who knows how to get the best deal out of it, and no one knows how to get a better deal out of bankruptcy than me.”
Trump told the crowd that he’s filed bankruptcy “more than anyone else in the world” and always comes out of the deal “with millions of dollars—millions!” while his creditors come out with “property that no one wants.”
Most of Trump’s bankruptcies involve unprofitable real estate projects, but he’s also filed for bankruptcy when other types of assets he’s owned failed to make his company money. That includes his airline company, which flew under the Trump name from 1989 to 1992. Trump Airlines lost an estimated $380 million, most of that shouldered by the consortium of two dozen banks that owned the company’s debt. “And I walked away with millions–millions!” Trump said.
By the time the United States elects its next president, at the end of 2016, the country will face an annual deficit of $486 billion and an accumulated deficit of approximately $18 trillion. Trump says he has a plan to sell much of that obligation to the Chinese at terms that will earn the U.S. “billions” in saved interest payments. “And we’ll still have our TVs and our cars, and what will the Chinese have? Our IOUs! It’ll be he bet deal ever. The best.”
Trump is riding highest in most national polls tracking sentiment among likely Republican voters, with about 24 percent of poll respondents saying the billionaire businessman is their first choice. Former Florida governor Jeb Bush is next, with about 14 percent of support, followed by Wisconsin Governor Scott Walker and Florida Senator Marco Rubio .
“We need someone like Trump to get us a good deal,” says Harold Stevens, a retired farmer who drove 150 miles to hear Trump speak. “The reason we can’t pay for anything as a county is because we gave all our jobs to China, so they should pay for our debt. Trump recognizes that, because he has real-world experience losing other people’s money. And that’s what we need today. All these other guys, they only know how to lose our own money, and that’s not going to get us a good deal.”
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With millions of people around the world refusing to spend money at his name-branded hotels, resorts, and condominium buildings in protest of his racism, bigotry, and misogyny, Donald Trump says his plan to destroy the value of the Trump name is going better than he anticipated. “We’re destroying our brand equity like no one else in history,” Trump said at a rally in Altoona, Pa., this morning. “We have millions of people—millions!—who won’t spend a dime at any Trump hotel anywhere. It’s amazing. There’s never been a faster loss of equity by any company in any country.” How much of his personal wealth is being impacted by this unprecedented loss of value isn’t clear, since Trump, the Republican nominee for president of the United States, hasn’t released his tax returns. But accountants and other financial experts say he could be losing $1 million a day as people stop spending money at Trump properties or buy Trump products. “If his plan was to lose $1 million a day, he’s succeeded at an amazing pace,” says Stuart Nessing, an accountiant with Billings, Stone & Reynolds in New York City. More.
Marla Maples, the former wife of Republican presidential nomination frontrunner Donald Trump, says her former husband is endowed with wealth and a go-getter personality, but he is not well-endowed in the one aspect of his life he would like to be, and she thinks that this inadequacy is driving his presidential run. “Do I think he feels small in that respect?” asked the one-time actress who was Trump’s wife from 1993 to 1997 and was known as the “other woman” when Trump was married to Ivana Trump. They had one daughter between them, Tiffany Trump, who today is known for her enthusiastic use of Instagram. More.
SIMI VALLEY, Calif.—Republican presidential nomination front-runner Donald Trump said last night he would name New England Patriots quarterback Tom Brady his pick for vice president once he wins the nomination. “It’s going to take winners to turn this country around and Tom Brady is a winner, like me,” said Trump, who spoke shortly after the second Republican presidential nomination debate, hosted by CNN in this southern California suburban community. “Tom Brady wins on the football field and he wins in the court of law. I win in business and I win in politics. Together, we are a couple of winners and we’re going to make America a winner again.” Brady, a four-time Super Bowl champion as the quarterback of the Patriots, said he was humbled by the confidence Trump has placed in him but he also believes he can bring “a couple of tricks to the game” that will help him and Trump win in November and also help the United States win in the four years they’re in office. More.
Defying the Republican party establishment and even the person on whose head it sits, the combover of Republican presidential nomination frontrunner emphatically refused to give a blanket endorsement to whomever the party nominee turns out to be. “Unless the Republican presidential nominee in 2016 is someone I respect and trust with the awesome duties of the office of the president of the United States, I cannot sit here today on this head and say I will back the person who is ultimately nominated,” the combover said in a statement issued by a spokesperson. That position goes against the position of Donald Trump, the man on whose head the combover has sat for decades and who earlier this week promised to back the eventual Republican nominee. More.
The closely watched combover of Donald Trump has been sending sexually suggestive tweets and photos to several of its Twitter followers, federal investigators allege. If true, that could imperil the Republican presidential nomination frontrunner’s candidacy, analysts say. Jerome Casing, chief of social media security at the FBI’s Criminal, Cyber, Response, and Services Branch, says his team has been tracking the combover since April, when it received a tip from one of the hair’s followers that it has been embedding unwanted photos in innuendo-laden tweets. “All I can say is, we’re talking to the combover of Mr. Trump at this time about matters concerning communications on the Internet,” says Casing. “Beyond that we have no comment.” More.
Why does Republican presidential nomination frontrunner Donald Trump maintain an elaborate combover rather than embrace his receding hairline? Investigators have provided a possible answer to that question by conducting an x-ray analysis of his forehead and revealing a tattooed image of long-time Trump nemesis Rosie O’Donnell, the TV personality and liberal political activist whom Trump has called “fat” and a “pig.” “This is truly an unexpected finding,” says Albert Sherzberg, professor of macro x-ray fluorescence spectroscopy at the Massachusetts Institute of Technology, who led the research effort. “I think I speak for many when I say I did not expect to find a tattoo of Rosie O’Donnell under Trump’s combover.” More.
An explosive photo leaked by the Associated Press today shows a poster of Fox News reporter Megyn Kelly in the bedroom of the iconic combover of Republican presidential nominee frontrunner Donald Trump. The poster depicts Kelly, the veteran TV journalist who sparred with Trump during the first Republican nomination debate last month in Cleveland over the real estate mogul’s treatment of women, framed in images of butterflies and love hearts. She is fully clothed. Since the debate, Kelly and Trump have been locked in a contentious public relations battle over their testy exchange, during which Trump had admitted calling TV host and political activist Rosie McDonnell “fat” and a “pig.” More.
Republican presidential nomination frontrunner Donald Trump says having a dad who starts a successful real estate business and then hands the business over to you is a great way to become rich like him. “That’s really the best way to amass wealth,” Trump said in an interview with Fox News today. “You gotta start rich and go to a good school, which being rich helps you get into.” In the interview, with Fox News’ Sean Hannity, Trump said that having your dad get rich first enables you to focus your attention on sexier but riskier types of businesses like beauty pageants, reality shows, casinos, and airlines. And it provides a cushion in case some of the businesses fail and you have to file for bankruptcy protection. “All in all, having a dad who paves the way is a really great way to become rich,” says Trump, 69. More.
Scientists at the Massachusetts Institute of Technology released a paper yesterday cracking the physics behind the combover of Republican presidential nominee frontrunner Donald Trump and say the famous hairstyle stands as one of the most complex creations of mankind. “An amazing piece of work, a testament to the beauty of complex systems and of the world around us,” says Reynolds Aimsworth, professor of physics and mathematics at MIT and the lead author of the paper. Aimsworth says the combover is based on an inversion of a positive tangent-secant radian, something scientists didn’t believe was possible.” More.
The famous combover of Republican presidential nomination front-runner Donald Trump has been having an affair with lesbian comedian and activist Rosie O’Donnell and continues to meet with the TV personality on a weekly basis, investigators say. “We can confirm that regular meetings between the combover and the comedian are occurring and have been occurring for several years,” says David Rosten, an attorney who has been retained by Fox News to look into allegations of the affair. Donald Trump is married, although his comb-over is not. Roger Stone, a long-time associate of Trump who is now working independently of the candidate, says he’s also looked into the affair and is seeking media outlets to discuss his findings because American voters have a right to know about this important allegation. More.
The combover of 2016 Republican presidential nominee contender Donald Trump is being hailed as a war hero for saving an injured soldier during the Iraq war. “There’s a very real chance that Private Benjamin Carter, a gunnery specialist with the 1st Battalion 7th Marines that helped librate Baghdad in 2003, would not be here today if it weren’t for the combover of Donald Trump,” says Major Bill Nelson of the U.S. Marine Corps. “People today throw around the word ‘hero’ loosely. But I can say without qualification that Trump’s comb-over is indeed a true Amercan hero.” The combover, which has been part of Trump’s head since he started losing his hair in the late 1990s, was on tour in Iraq with the 1st Battalion 7th Marines as a private contractor. More.
The iconic combover of real estate billionaire and 2016 presidential aspirant Donald Trump is under investigation by U.S. immigration authorities on suspicion of being in the United States illegally. “We can only confirm that the combover of Donald Trump is a thing of interest to the United States concerning its immigration status and beyond that we have no comment,” John Goodman, director of fraud detection and national security for the United States Citizenship and Immigration Services (USCIS), says in statement released by the agency today. April Sayers, a spokesperson for Trump, calls the allegation ridiculous. “Mr. Trump eagerly awaits the agency’s report and certainly expects his hair to be exonerated,” she says. More.
A Mexican who crossed into the United States 18 months ago and is working here illegally said it’s true that people from his country are mostly rapists and criminals. “I don’t know how Mr. Trump knew it, but he totally knows what we’re all about,” says the man, who asked not to be identified so he could speak freely to the media.The Mexican immigrant says he and millions of others like him are losers who are too lazy and stupid to make their own country work, so they come here to leach off the success of the United States. “Everything we touch reeks of refried beans and chiles,” he says. “Our hair is oily and we treat our women like dirt. We drive broken-down trucks and we take jobs from good Americans who could really use the work. I can’t say I disagree with Mr Trump when he says we should all be deported and a big wall erected to keep filth like us out.” More.
Starting in 2020, when U.S. currency is expected to be worthless, a woman will appear on the $10 bill, marking the first time a woman will be depicted on the country’s paper money. “This is an historic milestone for women and for the country,” U.S. Treasury Secretary Jack Lew said at an announcement yesterday. “It’s long past the time when a woman should be honored to be on what was once considered the world’s reserve currency.” Lew said it was simply a trick of fate that a woman would finally appear on U.S. currency at a time when it would be worth a fraction of what it once was. “We were not hoping a woman would appear on our currency when it was worthless,” he said. “It was not our intention.” More.
For all his popularity with tea party conservatives and libertarians, Sen. Rand Paul of Kentucky will never be able to establish enough trust with American voters to win the presidency, should he run, because of his tousled hair, psychologists and campaign strategists say. “Rand Paul’s tousled hair is not presidential, it’s not masculine,” says Ronald Friedman, a psychologist at Columbia University who has looked extensively at what people’s hair styles say about them. “Even worse, Paul uses a styling gel to get his tousled look, so he faces a double hit with voters. Not only do voters see tousled hair as a lack of strength, but his use of gel makes him seem vain. So, it’s not a good combination.” More.
Poll numbers have been slipping for U.S. Republican presidential aspirant Sen. Rand Paul (Ky.) since he announced he candidacy in April and one of his top advisors is pointing the finger at Rush, the Canadian progressive rock trio whose libertarian-themed lyrics have made them a long-time favorite of Paul’s. “As an individual, Rand Paul can listen to any music he wants,” says Chip Englander, the candidate’s campaign manager and one of his top strategists. “It’s not for me to weigh in on someone’s taste in music, no matter how horrible it is. But as a candidate trying to build a base of support, Rand Paul is doing himself no favors playing music that causes his base of support to run away, screaming ‘Make it stop!’ We’re telling him he can’t go on listening to this music.” More.
The world’s worst investor says he’s going all-in on California swimming pools, because with the state’s new water meters and water-use restrictions, swimming pools will become the “forbidden fruit” of the moneyed set. “Where does the 1 percent live? In California. What does the 1 percent want? Swimming pools,” says the world’s worst investor. The world’s worst investor says he “took a bath” on his last big investment idea, Texas gun locks. But he thinks he’s backing a winner this time. “You want to go where people are going, only go there sooner,” he says. “Right now, where are people going? They’re going to California to swim.” More.
AKRON, Ohio—Touring a wire coat hanger factory in what was once a blighted industrial area here, President Barack Obama said the United States is returning to its roots as a manufacturing giant and he took a stab at critics who say the country risks losing more manufacturing jobs if a Trans-Pacific Partnership trade deal is passed. “Like this wire coat hanger I have in my hand, the United States is strong,” Obama said, speaking before the 75 employees of the Ace Wire Company. “Anyone who needs evidence that the United States can compete with anyone in the world just needs to look at the factory floor that surrounds me. Every day, more than 10,000 coat hangers are made here and distributed to dry cleaners and hotels throughout the United States and throughout the world. America is back!” More.
The race for the 2016 Republican presidential nomination is up for grabs, with several serious candidates already declared or about to declare their candidacies. But is it really as wide open as many believe? In fact, behind closed doors, analysts say Florida Senator Marco Rubio has already locked up the nomination—for four unbeatable reasons. More.
NEW YORK CITY—With the rich getting richer, the poor getting poorer, and the middle class getting hollowed out, more households than ever are settling in for long-term decline. To capture this large and growing market segment, DI Publications has launched Dumb & Poor, a lifestyle magazine for people struggling with low income and low IQ. “Research has shown there’s a correlation between IQ and success, so we know there must be a growing number of dumb people in the United States, since the country’s lower class is expanding so quickly,” says Brian Cooper, CEO of DI Publications. The inaugural issue released this month and already the magazine is a big hit with its target audience, according to the publisher. The magazine’s initial print run of 300,000 has sold out and a second printing has been ordered. More.
WASHINGTON—The Chinese government has reached out to the Obama administration with a proposal to buy the country’s debt of more than $17 trillion if the government would take about $5 trillion for it. “We are offering the U.S. government an opportunity to get our from under its heavy debt load, restructure its finances, and move on to a new period of prosperity,” said China’s Minister of Finance Lou Jiwei. “We say at the outset that we cannot offer less than this discount of 70 percent, because the American government has threatened to default several times in the last three years.” Lou said the Chinese government would also require that all American companies doing business in China work in partnership with Chinese companies, which would include the sharing of proprietary trade and technological intelligence. “Of course, the prohibition on Chinese companies sharing trade and technological intelligence with American partners would remain in place, as it must,” said Lou. More.
BEIJING—China this week released its plan to dominate the world by 2020 and also host a summit on the overfishing of red herring in the South Sea. “This is China’s century and we are determined to assert our interests globally in accordance with our stature as the one true superpower,” Chinese President Xi Jinping said in a news conference here yesterday. China is the world’s largest country by population, with 1.36 million people, not counting ethnic Uighurs, and the world’s second largest economy, with a gross domestic product of $16.1 trillion. That is about $1 trillion less than the United States, although that gap is expected to close within the next 18 months because of America’s declining productivity and “black president,” the plan says. More.