Thursday, January 21, 2016

Trump, bankruptcies and looking out for #1

Companies Donald Trump was responsible for at some level declared bankruptcy 4 times.

Here’s what Trump had to say about that:

"Hundreds of companies" have filed for bankruptcy, Trump said earlier in the debate. "I used the law four times and made a tremendous thing. I'm in business. I did a very good job."

The problem is that every time a company declares bankruptcy the people the company owes money to lose money and the company owners get away with not paying their bills.

The concept of bankruptcy has value but someone who can say that cheating their creditors out of their money is doing a “very good job” has a very dangerous view of personal responsibility and one’s obligation to one’s neighbor.

It’s one thing for a small family business struggling in the Obama economy to go bankrupt but it’s quite another for a man who is worth billions to use bankruptcy to keep from having to pay people he owes money to.

It’s even worse when that person says that they did good by cheating others out of their money.

If Trump were to say that he was very sad that circumstances beyond his control lead to the people who he owed money to not getting paid that would be one thing but  Trump does not appear to be too sad that he’s still rich but people who trusted he’d pay his bills were left high and dry.

Clearly Trump doesn’t seem to think that he needs to temper his business practices to ensure that he doesn’t cheat others out of their money due to future business mistakes; that seems to show that Trump is concerned for #1 not for the people.

Those who are planning to vote for Trump might want to think long and hard about whether they want a man who looks out for #1 first at the expense of people he’s made promises to as President.

The American people could end up being the next group Trump makes promises to that he can’t fulfill.

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