I'm just gonna say it, I think theres a fat chance 65% of businesses in America are run like this dude does it. The one I work for is. Its why they worship him.
this post was submitted on 28 Jan 2024
311 points (97.6% liked)
politics
18839 readers
3438 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
Either fat chance means the opposite of what you think it means, or I don't understand your post.
Lol that and the choice of an oddly moderate percentage makes the statement impossible to interpret.
Too bad they failed to include a double/triple negative to really hammer down the confusion.
65% is more than half. Thats massive if more than half of all business in the US are being run illegitimately.
It is massive, but 35% would seem massive as well. So it's still impossible to interpret.
I find it more useful in determining why people support the current right-wing political climate in the US. Not as a way for determining the number of corrupt businesses. If you see some business mogul, all the way down to the lowly millionaires, and they absolutely love Trump, chances are they are involved in shady business practices.
I beat this drum a lot, but I gotta point out that a “millionaire” is a couple with a $300k house you’re still paying for, $350k in retirement savings each, 2 paid off cars and kids in public schools. They’re worth a million, but they aren’t the ones dodging taxes, engaging in shitty business practices, and not necessarily voting for trump.
Because that’s us and a bunch of people I know. We’re 10%-ers and I can tell you that being a millionaire is solid AF middle class.
And that’s completely fucked up. You shouldn’t have to be in the top 10% to have a “normal” life. Oh, and fuck trump. They throw “shady” people in my league in jail or fine the shit out of them if they get caught. The real rich fuckers get away with everything. They just pay lawyers instead of fines.
My bad, you're right I meant multimillionaire. People that own multiple properties and do everything they can to keep the most profit. People that lock down businesses as boards while still mingling in operations to ensure their will stays imposed. Enough is never enough for them.
No worries at all. It’s just a conversation I wish this country would have. A millionaire isn’t squat anymore. It offers a normal life. You need many millions to be actually rich.
Which is crazy. My bank account has 4 digits in it, and its on the lower side of that.
Sorry I meant like fat. Like the chance is big. My language meter is forever broken.
My GF's boss to her when she said she didn't want to be in a managerial position for their company:
"I guess you don't have the entrepreneurial spirit!"
Meanwhile they're paying salaries using money from equipment subventions and using money from said subventions as proof that they have liquidity to get more subventions... They don't hire labourers because it's cheaper to use technicians for which they get 85% of the wage back (subventions again) and make them work as labourers...
To my understanding having an entrepreneurial spirit (literally means the mind for enterprise) would mean yr girl would be leaving to start her own company, not sticking around someone else's.
Maybe dumbfucko grant cheat she calls a boss meant ambitious. Ambitious like, y'know, Janel Grant, right?
My original message lacked some context, she's basically left on her own to expand the business in a new direction when she was originally hired to do research and offer the new services to the clients. So she doesn't care that she doesn't have the entrepreneurial spirit because her goal isn't to run or start a business (even though she was self employed and making good money just two years ago), but being told that by her two bosses that clearly can't run a business by following any type of rules and that have had to skip paycheques in the past (before her time)? That's insulting as fuck.
Real estate is notoriously like this, it's basically all rich guys doing minor crimes daily. And the occasional major crime.
"they lied their asses off"
So this monitor, she can't come to a conclusion about whether fraud occurred, although there were persistent errors in financial disclosure of the Trump businesses, but if she can't come to a conclusion, what is the function of the monitor in the first place?
And why is the judge taking her information into consideration if she can't come to him decision either way?
My understanding is that the monitor's job is to report information to the judge, not make decisions for them. Offering up her own accusations of fraud could easily be overstepping her position.
Reads to me that, in most of the cases, she doesn’t see the final documents provided to 3rd parties. She can ask Trump org for what they provided and if they don’t hand it over, the court could presumably subpoena them.
For most of the instances she references though, she pointed out issues, Trump org said they’d fix them, but her scope doesn’t include asking the banks if they finally got the corrected version or not.
Given the scale of inaccuracies and errors though (such as not including $1.6M in management fees in a line item called “Management Fees…” and not including any depreciation for golf courses), it certainly smells like the court would at least want to dig deeper.
Yeah, that makes good sense.
Looks like she slipped in a good 50 million tax evasion but now
https://www.thedailybeast.com/trumps-dollar50-million-mystery-debt-looks-like-tax-evasion
I think the real news here is that there is such a thing as a "court monitor" and most Americans are never told about it. We could sure use an overhaul of our education system, especially once you get into high school. Also of our judicial system, but that's a bit of another topic.
When you're a kid, your education is the responsibility of the adults around you. When you're an adult with a little box in your hand that can tell you almost everything humans know, your education is your responsibility.
Court monitors aren't a secret, maybe just something you hadn't learned about yet. There is SO much information, you can't know it all and almost everybody won't remember a bunch of info they've been exposed to.
We are all ignorant of most of the information humans have gathered, but you can change your level of ignorance on most any topic anytime you'd like. That's the best part of right now, if you ask me.
Courts in general have A LOT of procedures that are not taught about in school. Hell I took a business law class in college and I know more about how they operate by a divorce. There are many little nuances that aren't in TV court cases or that are specialized to finances or probate or many other law categories.
I’m going to stand up for the American education system, which is weird. But there is no way to expect someone to learn everything they need to know about all the normal topics and fringe legal systems by the time you’re 18. We already tacked a bunch of math on because Harvard decided everyone needed to know geometry and things spiraled out of control from there with math.
The fact that the court system can assign your company a monitor while you are being accused of fraud isn’t that crazy, but it’s also pretty specific. Most people don’t know about because they aren’t lawyers and that’s frankly okay.
"Surprising nobody".