Take Trump’s attitude toward Judge Gonzalo P. And that blurring would be based on Trump's interests. are colluding to work against them, is already beginning to reveal what kind of presidency a Trump administration would offer the American people - and it is one that would further blur the grey area between private-sector influence and government policy. Trump’s candidacy, largely built upon the fact that many Americans feel as if Wall Street and Washington, D.C. None of Trump University’s students was reported to be in a good cash position. An audiobook from Trump University revealed that Trump was practically hoping for a real estate crash as he was recorded as saying, “I sort of hope that happens because then people like me would go in and buy, you know, if you’re in a good cash position.” housing market edged toward collapse a decade ago. Ironically, Trump University was at its zenith as the U.S. And it is not just students who are testifying in depositions ex-employees of Trump University explained that the “ hard sell” tactics they used were part of a grand “ scheme” and “lies.” Recently released court documents outline the tactics that sales representatives brandished as they convinced students to borrow from credit cards or retirement accounts. The Daily Beast,for example, brought up the case of an ex-marine who said he was told to increase the limits on his credit cards in order to pay for seminars and materials, with the result that he ended up $45,000 in debt. Trump continues to defend his real estate education venture as one that was “terrific,” but more students are speaking out about the debt they racked up. And as was the case with Vu -who exhorted people to attend his workshops, or else, “ You deserve to be broke!”- students said they were swindled out of funds as they purportedly gained information that could be found in the library or on the Internet.įounded a decade ago before closing shop in 2010, Trump University has since seen its ghosts become increasingly vocal. As with Tom Vu over 20 years ago, Trump University prospects could go to a free seminar. What’s disturbing about Trump’s venture is that its core business model is nothing new. Long before the two class-action lawsuits fomented even more invective from Trump, the leading conservative magazine National Review derided Trump University as a “ massive scam.” Rather than taking students to a promised land of Boardwalk and Trump Tower, many of them never got near Mediterranean Avenue and their classes were akin to those of early 1990s real estate scammer Tom Vu. While Trump assails his presumptive opponent Hillary Clinton as “crooked,” the case against Trump University, otherwise known as the Trump Entrepreneur Initiative, has exploded as one of the largest issues in the campaign. ![]() ![]() In recent days, more publications combed over a mess that has become Trump’s version of the email server scandal. Nevertheless, as many in the media prefer to jump on the violence at Trump rallies and assign blame to who “started it,” the controversy over Trump University merits a close look. Sure, one can point to his hotels and golf resorts, though we do not have an accurate picture of their business performance since Trump’s business and tax records have not been released. But it is safe to say that no one has tried to ascend to the White House with a business record as polarizing as that of Donald Trump’s. A few have tried to make the leap from the private sector to the presidency, but such a jump hasn't been attempted since 1940. Over the years, plenty of people who launched their careers in business became politicians on both sides of the aisle.
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