Never heard of Trump Airlines? Trump Mortgage? There’s a reason for that. They’re just two of Donald Trump’s many failed businesses. The video at the end of this article names many more.
Yes, the guy who boasts about his awesomely HUUGGE business skills – the same ones he wants to put to use as president – has been an awesomely huge business failure. Not once, not twice, but over, and over, and over.
We’ve written about what a scam Trump University was, the failure of Trump Steaks, and more. But that’s just the tip of the iceberg.
For example: Trump Mortgage was formed in 2006, not long before the real estate crash. Here’s what The Washington Post found:
“Within 18 months, as the experts’ worst fears began to pan out and home prices began to dip, Trump Mortgage closed, leaving some bills unpaid and a spotty sales record that fell short of Trump’s lofty predictions. Trump distanced himself from the firm’s demise, saying at the time that he had not been involved in the company’s management and that its executives had performed poorly.”
Gee, that sounds a lot like what happened with the misbegotten Trump Airlines, on which Time reported:
“But his gamble was a bust. A lack of increased interest from customers (who favored the airline for its convenience not its fancy new look) combined with high pre–Gulf War fuel prices meant the shuttle never turned a profit. The high debt forced Trump to default on his loans, and ownership of the company was turned over to creditors.”
There’s a pattern here. Just today, June 11, The New York Times published an article called, “How Donald Trump Bankrupted His Atlantic City Casinos, but Still Earned Millions.”
Check out the video below for more of Trump’s never-should-have-been businesses.
Let’s make sure Candidate Trump, and not President Trump, is next on the crazy-failure list!
