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Thread: POTUS 45.11: Attack! Repeat. Atrack!!!

  1. #461
    I got nothing Slap Shot's Avatar
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    So not only is the Saudi arms deal fake, not only is the infrastructure deal fake (that wasn't a bill nor an executive order he signed at that tiny little table it was a "wish list") there is no actual tax plan ("Cuts for everybody!!") moving through Congress.

    The actual fake news that's generated daily is whenever Trump opens his mouth.

  2. #462
    Kichizapi Chetan
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by Handyman View Post
    Yeah he may have assets but he has almost no liquidity.
    FYP.

    First rule of business: When you're out of cash (liquidity), you're out of business.
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  3. #463

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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by The Sicatoka View Post
    FYP.

    First rule of business: When you're out of cash (liquidity), you're out of business.
    Dumb question: why?

    As long as you have assets you can borrow against them, thus creating more cash.
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  4. #464
    Kichizapi Chetan
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Now, for those who actually remember Bill Clinton as President and not just from history reports, does anyone else remember Clinton polling this low early in his Presidency as claimed here?

    They're claiming Clinton Day 138 < Trump Day 138.

    I don't recall Clinton with numbers like that (... early in his tenure).

    http://www.newsweek.com/donald-trump...st-term-621853
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  5. #465
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by Kepler View Post
    Dumb question: why?

    As long as you have assets you can borrow against them, thus creating more cash.
    Two words: NINJA Loan
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  6. #466
    Kichizapi Chetan
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by Kepler View Post
    Dumb question: why?

    As long as you have assets you can borrow against them, thus creating more cash.
    You assume someone wants to use your assets as collateral. The asset may not be worth the balance sheet claim (cough-Enron-cough) or be under performing or, worse, taking a loan against the asset will mess up your equity ratios (and affect the interest rates you'll pay which again raises your monthly cash needs*).


    *See: downward spiral
    Last edited by The Sicatoka; 06-07-2017 at 10:37 AM.
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  7. #467
    Kichizapi Chetan
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by dxmnkd316 View Post
    two words: Ninja loan

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  8. #468
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by The Sicatoka View Post
    You assume someone wants to use your assets as collateral. The asset may not be worth the balance sheet claim (cough-Enron-cough) or be under performing or, worse, taking a loan against the asset will mess up your equity ratios (and affect the interest rates you'll pay which again raises your monthly cash needs*).


    *See: downward spiral
    It's interesting that you think it won't happen. But it has for multi-billion dollar companies.

    Ford used the Ford logo and the F150 brand name as collateral when they were $20B in debt. These are not plants that can be salvaged, or office buildings which can be sold to other people, these are just brand names or images.

    And that money was used to pull out of the bottom.

  9. #469
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by alfablue View Post
    It's interesting that you think it won't happen. But it has for multi-billion dollar companies.
    I'm on a board in an industry where they won't loan against your assets when you're distressed; they'll just buy you out and take over.

    In the case of Ford you cite, they made the loan. Good for Ford; good for the lender if they wanted the assets (if Ford didn't pull up).

    In the case of Trump, who wants those assets, or to loan against, right now? The backlash and PR nightmares alone would make any lender take pause.
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by The Sicatoka View Post
    I'm on a board in an industry where they won't loan against your assets when you're distressed; they'll just buy you out and take over.

    In the case of Ford you cite, they made the loan. Good for Ford; good for the lender if they wanted the assets (if Ford didn't pull up).

    In the case of Trump, who wants those assets, or to loan against, right now? The backlash and PR nightmares alone would make any lender take pause.
    I'm not talking about don's situation, but the sweeping generality statement.

    But about don- I don't think he cares about PR if he can make another buck.

  11. #471
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by alfablue View Post
    I'm not talking about don's situation, but the sweeping generality statement.
    Would you make a loan against what you consider to be a bad asset?
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    The GOP self-referential toilet glugs along with Trump nominating Christie's Bridgegate attorney for head of FBI.
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    IDK where to leave this so I'll just leave it in this thread:
    https://twitter.com/mattmfm/status/872290140458299394

  15. #475
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    I've been seeing some tweets this morning referencing Hillary and slaves. Did I miss a story somewhere?

  16. #476
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    Quote Originally Posted by Scarlet View Post
    I've been seeing some tweets this morning referencing Hillary and slaves. Did I miss a story somewhere?
    Apparently in her book, she talks about how prison inmates, all or mostly African-American, staffed the governor's mansion in Arkansas. And apparently inmates in Arkansas (and several other states) are not paid for work.

  17. #477
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by unofan View Post
    Apparently in her book, she talks about how prison inmates, all or mostly African-American, staffed the governor's mansion in Arkansas. And apparently inmates in Arkansas (and several other states) are not paid for work.
    To me, that sounds like punishment of a crime whereof the party has been duly convicted.

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  18. #478
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    Quote Originally Posted by French Rage View Post
    To me, that sounds like punishment of a crime whereof the party has been duly convicted.
    I'm not saying I agree (though the optics are bad, either way). I'm just forwarding on what I found.

    Personally, I think it's bullshiat that inmates are exempt from minimum wage laws when they perform actual work, but that's for another thread.

  19. #479
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    Quote Originally Posted by unofan View Post
    I'm not saying I agree (though the optics are bad, either way). I'm just forwarding on what I found.

    Personally, I think it's bullshiat that inmates are exempt from minimum wage laws when they perform actual work, but that's for another thread.
    I know, no worries. I also like how the articles frame it like this was completely Hillary's idea. Like it wasn't a practice that was already taking place there and many other states, no, it was her deciding personally to bring in people on chains to vacuum her floors or something.

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    Rover Frenchy, Classic! Great post.
    iwh30 I wish I could be as smart as you. I really do you are the man
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    Ritt18 you are the perfect representation of your alma mater.
    Shirtless Bob That's it, you win.
    TBA#2 I want to kill you and dance in your blood.
    DisplacedCornellian Hahaha. Thread over. Frenchy wins.

  20. #480
    lucky penguin
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    Re: POTUS 45.11: Attack! Repeat. Atrack!!!

    You must admit that that is quite the bombshell to find out she was governor of Arkansas though.

    (But seriously, if the idiot brigade wants to have a discussion about criminal justice reform, then by all means. It certainly isn't our side holding back changes).
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