Hillary for America tells Ohio voters that Trump is bad for economy
And over the years, he intentionally ran up huge amounts of debt on his companies and then he defaulted. He bankrupted his companies – not once, not twice, but four times. Hundreds of people lost their jobs. Shareholders were wiped out. Contractors – many of them small businesses – took heavy losses. Many went bust. But Donald Trump, he came out fine.
Here’s what he said about one of those bankruptcies: ‘I figured it was the bank’s problem, not mine. What the hell did I care?’
He also says, ‘I play’ with bankruptcy. Everything seems to be a game with him. Well, it isn’t for a lot of us, is it?
Just look at what he did in Atlantic City. He put his name on buildings – his favorite thing to do. He convinced other people that his properties were a great investment, so they would go in with him.
But he arranged it so he got paid no matter how his companies performed. So when his casino and hotel went bankrupt because of how badly he mismanaged them, he still walked away with millions while everybody else paid the price. Well today, his properties are sold, shuttered or falling apart.
And so are a lot of people’s lives. Here’s what he says about that: ‘Atlantic City was a very good cash cow for me for a long time.’
Remember that the next time you see him talking on TV, about how we’ll all win big, if only we elect him President.
Now he’s trying to say he’s changed, somebody’s told him he needs to say that. That he’s not in it for himself anymore – he’s really now in it for America. But he’s doing the exact same thing that he’s been doing for years. This is his one move. He makes over-the-top promises that if people stick with him, trust him, listen to him, put their faith in him – he’ll deliver for them. He’ll make them wildly successful. And then everything falls apart, and people get hurt.
Those promises you’re hearing from him at his campaign rallies? They’re the same promises he made to his customers at Trump University. And now they’re suing him for fraud.
The same people he’s trying to get to vote for him now are people he’s been exploiting for years. Because it’s not just other investors other rich people that he took advantage of – it was working people.
He’s been involved in more than 3,500 lawsuits in the past 30 years. And a large number were filed by ordinary Americans and small businesses that did work for Trump and never got paid – painters, waiters, plumbers – people who needed the money, and didn’t get it – not because he couldn’t pay them, but because he could stiff them. Sometimes he offered them 30 cents on the dollar for projects they had already completed. Hundreds of liens have been filed against him by contractors, going back decades. And they all tell a similar story: I worked for him, I did my job, he wouldn’t pay me what he owed me.