>

I promise, the republican side of my family is losing their ever loving shit while dealing with the mental gymnastics of realizing that dickface McGee has been everything that we have all said he is.
Didn’t need his tax returns to know he was dumb af and shitty at business. >

He bankrupted 3 casinos because he didn’t understand the simple business concept of flooding a market.  He opened one and it was a success, so he opened two more, with pretty much the same concept less than a mile from each other in Atlantic City.
They basically cannibalized each other’s clients and he went from having one full casino to having three mostly empty ones.  For those who say he was not using his money and just fleecing the investors, some of that is true, but Trump tried to make the casinos work, so much so that the he tried to make the last one work for decades despite years of loses and finally shutting it down in 2015.
Furthermore, he kept trying to make his casino work by opening another one that also failed in Gary, Indiana.   
Trump loved the glamour of owning a casino, he was just terrible at running them. >

I thought he used those casinos as disposable money laundering schemes >

There's always someone who has a way Trump's shitty failure is secretly smart but it's usually just a shitty failure. Even if it was a money laundering scheme, why not actually make legit money too? Doesn't that make it easier and more profitable to launder money? >

Money laundering isn't secretly smart, it's illegal and stupid, especially when it's probably mafia money. The loss of them is the point of having them. >

Not only that. Casinos can run, make it rain money like crazy, already with a lot of shadiness that is LEGAL, there is little reason to do shady illegal stuff to make money. >

Cash business based around intangible wagers.
The perfect place for illicit cash to flow through into legitimized income. >

It's not "perfect". Casino gambling is highly regulated. The casino regulators are no strangers to organized crime. That's why unrelated businesses like random "consultants" are much better.
Cash is not required for money laundering anymore, and is actually a large red flag. You can just collect money from "investors" (small time chumps you pay off) and give it to some "investment consultant", who spends most of it on "research" by paying your company in a foreign country. I bet you can pay no more than 15% to clean the money. And this is without involving a crooked banker. They can probably get down to 5% or less. >

Okay let me argue it's pretty perfect, tell me why it's not: everything is on camera. Jimmy the Razor or whoever robs a liquor store. He owes like half to me so I don't kill him, which is steep but the liquor store pays protection, and I have to think about my other extortion businesses. 
So jimmy goes and loses half the money on roulette I mean in like 4 spins, easy, loses 3 grand, gets his room comped, I check the comp list, if Jimmy the Razor isn't comped into my casino, I know he didn't come lose the money he owed me, now I'm gonna send goons to go break his legs or something, hit and run with a stolen car, something like that. 
So this does away with some problems, 1, I don't gotta go get a bag of cash from Jimmy, 2, there is no shady courier to trust, there is a legit roulette dealer who wants to keep his job, and a legit pit boss, all the way up to the legit guards at the count room, 3, I made jimmy launder the money to me, so know I don't have to launder it, 4, I've got a business you can reasonably walk into with any amount of cash and leave without it, even under FBI surveillance, it's all above board, 5, they catch on- now they have to audit a casino to prove it and it takes 5 years, as opposed to raid a sandwich shop or whatever. >

Without even reading, I bet he forced them to license the Trump name at great cost, plus charged hefty "consulting" fees, which likely helped drive the casinos into bankruptcy. Am I correct? >

No, don't be silly, he's not smart enough to to debt leveraged buyouts like Romney does with Bain Capital.
He promised not to use junk bonds during the approval process and as soon as he got approved, he used, you guessed it, junk bonds to fund it. He was paying himself a big salary but it's likely the real money was in untraceable cash skimming and laundering. That's why he got his father to literally buy $18m of chips with cash one night to stave off bankruptcy for just 1 more month, becuase what he could withdraw from the coffers in duffel bags and give to Russian mobsters dwarfed it. The state was also left holding the empty bag when it all went south and the people of NJ really got boned due to the junk status. >

He also dumped his personal debt onto the casino and its shareholders.

He dealt with that danger by first shifting much of his personal debt onto his casinos, then onto a new group: shareholders.
Step 1 came in 1993, when his company sold more junk bonds, adding another $100 million in debt to the Trump Plaza casino. More than half of the new money went to pay off Mr. Trump’s unrelated personal loans. >

Jesus Christ. How has nobody whacked him yet? Not calling for it, just genuinely curious how he can be so cavalier about ripping people off & nobody got fed up >

scam someone else to pay his debt with the people that would wack him.
I'm more surprised he hasn't been JFKed, the amount of damage he done to the country. I guess the CIA gone soft. >

I think his only money making ventures have been the TV program, book sales, and the shifting of assets before his multitude of bankruptcies. >

He's made lots of money from Saudis and Russians overpaying for his properties, plus the Saudis awarded him with the LIV golf tournaments at his clubs. >

His SS was also happy to pay top dollar for the hospitality >

Yes, that too. He was frequently traveling to his clubs during his presidency, and in the process, probably reaped millions from taxpayers by having the USSS (not SS lol) stay at his clubs. >

Don't forget he has lifetime guards, Melania gets some I think, and Baron will keep his until he's 16. So while it's not the full suite of USSS he used to get, he still milks the US with rentals, flight charges, dinners etc. It's just not as big of a scale. 
Also if memory serves he had all his kids and their partners get extended protection for 6 months after he left office. 6 additional months of sweet sweet grift, staying in trump hotels and overcharging them for everything. >

Not lifetime. 10 years.  Which amount to a lifetime for him, even with his stellar health. But still a valid point. >

Obama reinstated the lifetime protection for former presidents in 2012. >

Thanks Obama. >

It worked! >

Melons looks more pissed than she usually does >

Its the shitty plastic surgery >

Can she even show emotion anymore? or is she so plastic and dead inside that it's not possible?