Donald Trump Almost Ran for President After Filing Bankruptcy

GET REAL: TRUMP FOR PRESIDENT IN 2012? WHAT WAS THAT ALL ABOUT? No PREZ 4D TRUMP According to Forbes', Donald Trump filed for corporate bankruptcy four times, and personal bankruptcy once. While bankruptcy has helped millions get out of debt, it's probably not the first choice people want to make when they find themselves in financial difficulties. In the end, Donald Trump decided not to run for president in 2012. Let's take a look at reasons he may not have been well-suited for it. OF THE (TRUMP FIVE PRESIDENTIAL TRAITS "Part of the beauty of me is l'm very rich,"1 -D. Trump LEADERSHIP The ability to take on the great responsibility of running an entire country is vital; without leadership skills, it would be impossible. Trump Thinking? At one point he was tied for second place MAKE MONEY DECLARE BANKRUPTCY with Mike Huckabee among GOP tea party supporters.? The Art of the Deal In 1999, Trump Hotels' shares sold for $5. Today they are worth 35 cents. 5FEDERA BF 04253679A F6 RISERNE SOTI THE UNITED STATES OF AMERICA BF O4253679 A O FIVE DOLLARS 1999 2011 One year later. Bankruptcy! Bankruptcy! Would you want a president to give away half of the country?° Gave up Gave up 1/2 49% TRU TRU ownership of the ownership PLA of the Trump Plaza5 Taj Mahal TAJ M HOTEL AND UMP MP ZA DАНА CASI HONESTY Honesty is a trait that is almost laughably hard to come by in politics. Every president in history has made false promises to his people, usually during the election process. Follow the maze of exaggerations Trump would have had to navigate to get to the White House. Changed his position on health care.7 THE WHITE HOUSE WASHINGTON Allegedly carried on extramarital affair with Marla Maples. Changed his position on abortion.10 Added fuel to doubts that Obama was born in the United States. Changed his position on gun control." INTELLIGENCE "Today, I am very proud of myself."- D. Trump12 Intelligence is important in any leader. It is key to building trust with constituencies, making realistic policies and decisions, and navigating the political system. TRUMP In 1992 Trump bought Eastern Airlines' shuttle...bankrupt one year later. 13 TRUM 1992 1993 In 1991 Trump faulted on a $3.5 billion loan, with his personal debt estimated at Trump Thinking? “...the fact that $900 million.5 $3,5 BILLION LOAN I put no money up, that 30% is equal to 50%. -D. Trump14 $900 MILLION personal debt PERSISTENCE Persistence is a critical trait for any American leader. It takes tremendous persistence to have an idea that is good for the nation, have a bill proposed and get the support to pass it. Trump claimed he could have just put up $600 million for a presidential campaign. Obama raised $745 million for his campaign.16 CONNECTIVITY "All of the women on The Apprentice flirted with me - consciously or The ability of a president to connect with his people is crucial. unconsciously. That's to be expected."- D. Trump7 "My tower in Waikiki was 100% sold out, with $729 million in sales Trump Thinking? in...5 hours, a record." He exaggerates his exaggerations. He later admitted he doesn't actually own the building – just has a licensing agreement with the real owners. 18 Despite claims of his wealth at $7 billion, the Forbes 400 rated him in a six way tie for 2007 Trump claims his worth at 153rd richest person in America.19 $8 billion 2005 2004 Trump claims his worth at Trump claims his worth at Deutsche Bank estimates North Fork Bank estimates $3.5 billion $3 $1.2 $788 billion billion million SOURCES 1 forbes.com/clareoconnor/2011/04/29/fourth-times-a-charm-how-donald-trump-made-bankruptcy-work-for-him/ 2, 4, 5, 6, 14 freakoutnation.com/2011/04/07/donald-trump-serial-bankruptcy-filer-thinks-hes-can-do-better-for-the-economy/ 3, 13 chron.com/disp/story.mpl/business/steffy/2747146.html 7, 10. 11 http://theamericanbeacon.com/2011/04/20/analysing-the-donald-trump-candidacy/ 8 http://www.people.com/people/archive/article/0,,20122177,00.html 9 http://www.foxnews.com/on-air/on-the-record/transcript/will-birther-issue-backfire-trump 12 http://www.glennbeck.com/2011/04/27/trump-takes-credit-im-very-proud-of-myself-today/ 14, 20 http://www.huffingtonpost.com/2011/04/22/donald-trump-net-worth-deposition_n_852376.html 15 http://boards.fool.com/in-1991-unable-to-pay-a-35-billion-loan-trump-29272337.aspx 16 http://content.usatoday.com/communities/onpolitics/post/2011/03/donald-trump-2012-presidential-race-money-/1 17 http://www.brainyquote.com/quotes/authors/d/donald_trump.htm#ixzz1KwCi 18 http://bonnebaker.com/blogs/malia/2011/03/trump-tower-waikiki-units-did-not-sell-out-afterall 19 http://news.yahoo.com/s/atlantic/20110421/pl_atlantic/wevebeentryingfigureouthowmuchtrumpworth20years36908 **.....