Study: Why the Welsh voted for Brexit

[editor]

Given this is nothing whatsoever to do with the thread's topic, how about you start a thread in World Politics about how entrepreneurs are merely ordinary people who happen to try harder and are smarter than the rest of us, or whatever it is you believe about them? Happy Larry

Agreed. Off you go, Happy Larry.

 

[planetgeli]

Fuck you, I’m having the last word because you’re either lying, or more likely, you’re displaying your ignorance and stupidity.

The limited company is indeed just that. It limits liability. It ensures that failed business ventures do not drag successful ones along with them. That's its purpose. Any astute lender to such a company knows this. Those that have lost money on some of Trumps failed businesses have usually made up for their losses on his successful ones.

Bollocks. They were all chapter 11 restructurings, which allow a business (Trump’s business) to stay in business while shedding its debts to banks, employees and suppliers. How many of those thousands of employees who lost their jobs “made up for their losses”?

As for the ones who lent him money, you want to know what he says about them?

“Those lenders aren’t babies. They are total killers. These are not nice, sweet little people.”

Which kinda explains the few who did make something back on further Trump ventures. The ones he owed favours, like banks and Carl Ichan, who you totally didn’t respond to in my earlier post. People he’s scared of (“total killers”) and whom he had to bribe, some with positions in government.

Now fuck off. This thread is about Wales. You’ve ruined enough threads with your duplicitous shit.

 

[ddraig]

fuck your bollocks about "envy" too

 

[Happy Larry]

Agreed. Off you go, Happy Larry.

I totally agree that the thread has gone off topic and should be continued elsewhere so I will happily comply.

I suggest that you remember that it takes two to tango, and that other posters are equally culpable in this regard.

 

[Grandma Death]

Im sure Ive read somewhere that that greatest fears of immigration are in areas of the lowest immigration? Didnt Sunderland have one of the highest votes leave but very little immigration?

That being the case does this illustrate the entire debate is a poisoned chalice-where fear is a major driving factor in the concerns the indigenous population have about immigration rather than the hard facts?

 

[Grandma Death]

I personally have found the entire brexit thing hugely divisive. I grew up in the valleys. Wales is the only part of the country that are net beneficiaries of EU funding. Yet most of my mates voted leave-and the main theme of those discussions were around borders, immigration and 'taking back control'

People Ive know for 30 years have been coming out with some real dodgy stuff-and even using terms like 'snowflakes' and 'remoaners' and Ive found it all thoroughly depressing

 

[littlebabyjesus]

I personally have found the entire brexit thing hugely divisive. I grew up in the valleys. Wales is the only part of the country that are net beneficiaries of EU funding. Yet most of my mates voted leave-and the main theme of those discussions were around borders, immigration and 'taking back control'

People Ive know for 30 years have been coming out with some real dodgy stuff-and even using terms like 'snowflakes' and 'remoaners' and Ive found it all thoroughly depressing

That's my mum and dad. Living in a bit of Wales with hardly any immigrants. They barely encounter immigrants in their daily lives, yet there was 'too much immigration'. They were also sold on this nebulous 'taking back control' line, and I think they're common for those of their age in relating it to 'we didn't sign up for this' in 1973.

I agree that it is thoroughly depressing. Scapegoating immigrants for social problems is hardly new, but it's always easier to believe when there aren't any actual immigrants around you to spoil the story.

 

[littlebabyjesus]

I don't want to believe that there is an anti-immigrant majority in Britain. I don't believe that there is. But it's mighty close, and that makes me feel like a foreigner in my own country.

 

[Happy Larry]

I don't want to believe that there is an anti-immigrant majority in Britain.

That's good, because there isn't one. What there is, is a significant number of people who believe that immigration into the UK has been excessive in recent decades. There are also a number of people who feel that the level of immigration is fine and desire to make those who disagree with them look like "bad" people, so that they can claim the moral high ground, by stupidly claiming that those who disagree with them are racist.

 

[Happy Larry]

Living in a bit of Wales with hardly any immigrants.

Probably because they are decent people and voted for what they thought was best for the nation as a whole.

 

[ddraig]

Fuck off, again, Larry

 

[Supine]

Probably because they are decent people and voted for what they thought was best for the nation as a whole.

Maybe that is true but they were wrong. The feckin ejiiits.

 

[planetgeli]

Hold on one minute. I’m not letting this one go.

Trump has bankrupted businesses four times, that’s more than any other large businessman. He has had debts written off to the tune of more than a billion dollars and made thousands of people lose their jobs.

Further to this, his largest creditor in his first bankruptcy was a man called Carl Icahn. Icahn then became a special advisor to Trump (on regulation!, I couldn’t make this shit up) for 9 months, during which he had access to non-public, i.e secret, information.

While serving in this post Icahn pushed for a rule change that saw him make hundreds of millions of dollars for a petroleum company he held a large stake in.

This is how the hard working rich make their money.

Subterfuge. Some might say fraud.

Ah, time to go back to Trump’s largest creditor in that first bankruptcy, the above mentioned Mr Carl Icahn. A man, you might say, Mr Trump owes a favour or three to. And those favours just keep on coming.

Ex-Trump adviser sold $31m in shares days before president announced steel tariffs

This week, Trump unexpectedly announced tariffs on imported steel. Icahn owned shares, lots of shares, in a company called Manitowoc, a company heavily dependent on imported steel. He started selling those shares just a few days before Trump announced the tariff. Result? $31 million of shares sold at a price that fell over 5% once Trump announced the tariff. Put another way, those shares were sold by Icahn for roughly $1.5 million, let’s call it a million quid, more than he would have made if some sneaky bastard President with a debt to pay hadn’t informed him of the intention to apply a tariff to imported steel.

This is how the rich make their money, while the poor have to sweat for every cent.