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Hour 2 – Politics – A look ahead for The Affordable Health Care Act

Cory
November 19, 2016

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This is the KER Politics weekend hour! In this hour Al takes a look at The Affordable Health Care Act and what changes Trump might make. He also gets more reactions to the upcoming Trump Presidency.

  • Segment 5: KER Politics starts out discussing the Affordable Health Care Act with Provider and Carrier Expert James Farlery and Glen Downs.
  • Segment 6: We discuss potential changes to The Affordable Health Care Act with Glen Downs and James Farley.
  • Segment 7: Daniel McAdams Director for the Ron Paul Institute discusses the reaction to the presidential election.
  • Segment 8: We continue our discussion with Daniel McAdams regarding the new administration.

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Discussion
127 Comments
    Nov 19, 2016 19:59 AM

    The wing nuts on both sides will bring on the 4th Turning.

        Nov 19, 2016 19:24 PM

        Trump is Asking for Your Suggestions

        The election may be over, but our work is just getting started. In 61 days, we begin our mission to Make America Great Again!

        As I’ve said so many times before, I will not be able to do it alone. I’ll need you to step up and play an active role in fixing our country and enacting our platform for America. Which is why I’m asking you to take the 100-Day Plan of Action Survey, so that we can determine what we MUST accomplish as our first order of business. Our first hundred days in office will set the stage for our entire presidency.

        The world will be watching every action we take over those first hundred days. It’s incredibly important that we set the right agenda and deliver on our promises to the forgotten men and women of our country.

        While our transition team is busily assembling our cabinet as I write this to you, I need you to step up and help craft our plan of action for the first hundred days of the TRUMP Administration. Please take our 100-Day Plan of Action Survey to help our transition team set the right agenda for our first few months in office.

        Thank you,

        Donald J. Trump

        President-Elect of the United States of America

        https://www.armstrongeconomics.com/international-news/north_america/2016-u-s-presidential-election/trump-is-asking-for-your-suggestions-interesting-lets-see/

          Nov 19, 2016 19:55 PM

          look for more racists, 3 for 3 is not enough.

            Nov 19, 2016 19:37 PM

            Everyone is a racist to the brainwashed lefties.

            Nov 20, 2016 20:37 AM

            Bobby, thanks much for introducing yourself to Jeff Pontius. He told me that he did enjoy talking with you.

            Please explain what you mean by e for 3.

            Nov 20, 2016 20:42 PM

            Al take some time to look in to his first 3 picks, I still can not believe your eyes are so blind. Here is a glowing endorsement for them, but please look at their background yourself.
            http://www.politicususa.com/2016/11/18/david-duke-praises-trumps-picks-racists-bannon-flynn-sessions.html

            Nov 20, 2016 20:44 PM

            Al, think Jeff has me confused with someone else, it was not me he met or spoke with.

          Nov 19, 2016 19:23 PM

          CALLING ALL IGUANAS: It makes no difference who is in office – both sides are on the same side – they are all snakes (be they Bush, Clinton, or Trump). https://www.youtube.com/watch?v=Rv9hn4IGofM

          Nov 20, 2016 20:35 AM

          Thanks Markedtofuture,

          I am back on task now with the blog after taking yesterday as a much needed time away. I will fill out the survey. I think that we will discuss it on the upcoming Weekend Political Show and even post it on the site later today or tomorrow.

        Nov 20, 2016 20:32 AM

        For the most part, I definitely agree with the cartoon!

      Nov 20, 2016 20:30 AM

      Morning Bobby, what do you mean by the “4th Turning”?

    CFS
    Nov 19, 2016 19:40 AM

    There are none so blind as those that choose not to look.
    we may have two factions, but they are BOTH MORONIC. Economic Morons.
    Current Federal spending on Healthcare is $937 Billion.
    Current Federal spending on Social Security is$882 Billion.
    Existing constituencies will block any changes to decrease existing programs.

    So we will be dragged by politicians over the cliff.

    Violent protests! You ain’t seen nothing yet.
    What will happen when politicians destroy the whole system?

    The Main Stream Media obfuscates and denies, while no one in power is asking any REAL economic questions.AND I MEAN NO ONE.
    Even Kotlikoff, who ran for the presidency, out of his frustration, was ignored.

      Nov 19, 2016 19:08 AM

      not to mention the “other media” which runs on fear mongering.

        Nov 20, 2016 20:00 PM

        Bobby, I think that it is important to realize that this “other media” is easily as dangerous as the other one.

        You have to be so very careful today as to just what is providing input in your thinking.

          Nov 20, 2016 20:50 PM

          you got that right, Al. Hard to tell the truth from the lies anymore.

    Nov 19, 2016 19:46 AM

    71% of Americans claim they are Christians.

    If Jesus Christ turned up in the USA today and started handing out free cures – miracles – to heal the sick how many of those 71% would condemn him for being a communist?

    It s abhorent that the world’s wealthiest country does not provide universal free health care for all. Maybe you should add that to your ‘American Dream’?

      Nov 19, 2016 19:10 AM

      There is quite a difference between someone born a Christian and the born again Christian, remember the entrance is narrow.

        Nov 20, 2016 20:05 PM

        I agree Bobby and I am coming from the position of a person who spends a fair amount of tie reading and studying scripture. The best friends I have up here in Semiahmoo are the other guys in my Thursday Bible Study Group.

        I am definitely not tooting my own horn by the way and I hope that everyone realizes that. I associate with a lot of people, these are simply the guys whose companionship I value the most.

          Nov 20, 2016 20:51 PM

          iron sharpens iron….keep it up.

      CFS
      Nov 19, 2016 19:21 AM

      Bob UK,
      Do you not realize a Government, gives nothing, because it creates nothing; it only redistributes.
      So you are saying it should be the obligation of the Government of the wealthiest country of the world to extract enough money from it’s citizens so that they do not have individual responsibility to pay for their healthcare.(Even though there is a requirement in the law that a hospital cannot turn away any person in need of emergency health care)
      I guess you believe that Government knows best; always acts in the best interest of its citizens.
      How great Veterans healthcare works! (Where it has been given the obligation you request)

        Nov 19, 2016 19:40 AM

        I wonder how that defence will go down with Jesus Christ if you did bump into him in an after-life?

          GH
          Nov 19, 2016 19:21 AM

          Where do you draw the line, Bob? How about people who eat highly processed junk food all the time and get no exercise? The US is full of people like this. Should I foot the bill for their inevitable premature health problems?

            GH
            Nov 19, 2016 19:38 AM

            I’m always happy to share health knowledge with people. Few are interested.

            The US medical system is totally corrupt. Obamacare, rather than reforming it, just drew more people into it. Until corruption is brought under control in the US, universal ‘free’ (not!) health care would just be a cash cow for the cartel corporations, and a disincentive for people to take responsibility for their own health.

            Nov 19, 2016 19:14 AM

            Does anyone actually think that if Obamacare is repealed that health care costs and premiums will go down? The cost of hospitalization is one of the main drivers of medical expenses and this will continue as hospitals acquire medical practices, labs and even other hospitals, reducing competition even further. Prescription drugs are another driver of health care costs. The simple fact is that I was buying one of my meds from an online pharmacy in Canada (where they have “socialized” medicine) and they could ship it to me for less than half of the cost at my local pharmacy. Prior to Obamacare, 2/3 of the people who declared bankruptcy due to medical expenses actually had health insurance. They had skimpy policies that didn’t cover much of anything or had low lifetime limits because that was all they could afford. It’s not as though these people made a rational economic decision that they wanted to risk losing everything; that was all the free market offered. I expect that when they try to fix this mess they will make an even bigger mess, and the end result will be single payer, so be careful what you wish for.

            GH
            Nov 19, 2016 19:39 AM

            Interesting comments, Victor.

            I believe this is why ‘alternative’ health approaches are catching on. It’s a good thing, because it means taking charge of one’s own health and pro-actively maintaining it, vs sick-care that is about suppressing symptoms and creating lifelong customers. It’s very empowering.

            It pretty much boils down to good nutrition, adequate sleep and exercise, and stress control.

            When a health problem does occur, the medical system will very often prescribe sub-optimal treatments. E.g. antibiotics for a UTI, which further damages one’s healthy microbial balance and typically leads to relapse, versus D-mannose, which is very effective and without negative side effects. Or the flu vaccine, versus optimizing nutrient levels, especially vitamin D. The list is endless.

            Nov 19, 2016 19:05 PM

            What gets me about the sheeple of the world is the fact that they are concerned about whether or not such schemes “work” and don’t care that they are forced to participate.

            Not only is socialized medicine morally and economically unsound, it is also more expensive and inferior. No wonder the dumb masses think it’s just swell.

            “Whenever you find yourself on the side of the majority, it is time to pause and reflect.” — Mark Twain

          CFS
          Nov 19, 2016 19:01 PM

          How come your “god” was not capable of living for a thousand years to teach and educate humanity of the best ways of living?

          I have a better chance of bumping into Alice in Wonderland than your “god”.

            Nov 19, 2016 19:22 PM

            Did I say anything about my god? You are the people who claim to have a manifest destiny with 71#5 of you claiming to be Christians? Seems more like an awful lot of uncaring, selfish hypocrites to me.

            Probably best if there is no god for you as it probably is not going to be happy with an awful lot of us.

      Nov 19, 2016 19:35 AM

      If Jesus Christ turned up in the USA today and started handing out free cures – miracles – to heal the sick how many of those 71% would condemn him for being a communist?

      It s abhorent that the world’s wealthiest country does not provide universal free health care for all.

      But you’re talking about Jesus, not politicians and bureaucrats.

      Our politicians and bureaucrats can’t hand out miracles. But if they could it only would be to the crony criminal class.

      And cures aren’t free. Someone pays and it is not the rich who pay. (Isn’t it cheaper for the rich to buy a congress critter or two to get a tax shelter, write-off, etc. written into the tax code than let the gooberment steal 40%, 50%, or more of their income?) It’s always the middle class who pay and even the poor in the form of inflation and other costs most people can’t see. And they wind up being worse off than if there was a truly free market solution. And I am talking free market, not crony capitalist solution.

      Our gooberment is run by criminals. Turning what’s left of the medical system over to them is a horrifying thought. The problems we have with health care are due to the government. Expecting them to fix this is like expecting an arsonist to put out a fire.

      Do you really think we would be better off turning over what’s left of healthcare in this country to people who have run up a 20 trillion national debt with 100’s of trillions of unfunded liabilities? People who kill people all over the globe with their murderous foreign policy?

      If we do we will get this

      http://www.bbc.com/news/health-23698071

      I would not want your system of healthcare but if we get it which we probably will we should call it Unafordable Liverpool No Care.

        Nov 19, 2016 19:39 AM

        Top doctor’s chilling claim: The NHS kills off 130,000 elderly patients every year

        Professor says doctors use ‘death pathway’ to euthenasia of the elderly

        Read more: http://www.dailymail.co.uk/news/article-2161869/Top-doctors-chilling-claim-The-NHS-kills-130-000-elderly-patients-year.html

          Nov 19, 2016 19:42 AM

          The Liverpool Pathway is the equivalent of what is coming here if Bammycare is fully implemented. (The Obammycare Death Panels). A national outrage.

          The Liverpool Care Pathway (LCP) is flawed and dangerous. It was subject to a Review which, ostensibly, ordered it be withdrawn. It was not. It continues, in spirit and in form, under different names and guises.

          The Daily Telegraph referred to it as the Death Pathway. The old are particularly vulnerable because many of the so-called signs that are looked for to put a patient on the death pathway, such as frailty and declining mobility, are symptomatic of old-age in any case. In fact, age is one of the factors also taken into consideration in putting the patient on the LCP! This petition is to call for its withdrawal in all its forms and guises. Every patient is an individual and deserves that individual consideration of their condition.

          http://www.thepetitionsite.com/1/LiverpoolCarePathway-ANationalScandal/

        AJ
        Nov 19, 2016 19:47 AM

        It’s complex but I doubt a total free market solution is the answer – you’ll get robbed blind. Mylan and numerous others, only shareholders count.

        Drug price shock: Feds reveal how medication costs hit Medicare and Medicaid
        http://www.cnbc.com/2016/11/14/drug-price-shock-feds-reveal-how-medication-costs-hit-medicare-and-medicaid.html

          Nov 19, 2016 19:28 PM

          Absolutely 100% false, AJ. The freer the market, the cheaper everything is. The reason this isn’t clear to most people is that they wrongly believe that they know what a free market is.

          “The push for increased government involvement in the administration of health care in the United States dates back to 1912, when presidential candidate Theodore Roosevelt, campaigning on the Progressive Party ticket, called for the establishment of a national health insurance system modeled on what already had been established in Germany.”

          Continue…
          http://www.discoverthenetworks.org/viewSubCategory.asp?id=615

            Nov 19, 2016 19:42 PM

            “If you think health care is expensive now, wait until you see what it costs when it’s free.” ― P.J. O’Rourke

            That quote applies to anything; education, housing, you name it.

            GH
            Nov 19, 2016 19:51 PM

            Funny how so many initiatives to centralize power all happened at about that time.

            Seems to me that in brief the timeline is as follows:

            1. Civil war in which financiers and industrialists conquer country.
            2. Westward expansion to the Pacific, consolidation of frontier.
            3. Begin overseas empire and start tightening the screws at home by creating Fed, taking control of health, education, etc. to cement dominance of the oligarchy created by the previous two steps.

          Nov 19, 2016 19:31 PM

          Mylan used the government (including the FDA) to squash their competition.

          That is hardly an example of a free market.

        GH
        Nov 19, 2016 19:48 AM

        Hear, hear! I couldn’t have said it better, Ebolan.

        In the US, the medical system itself is recognized as the third biggest killer after heart disease and cancer. E.g. pharmaceutical ‘side effects’ (misnomer), infections contracted in medical centers, and physician error.

        If you could calculate the premature deaths due to sub-optimal treatments that the system prefers b/c they are more profitable, and their studied silence about how to improve health in general (don’t put mercury in your mouth, get educated about nutrition, etc.), I suspect the medical system would be #1.

          Nov 19, 2016 19:38 PM

          Glaxo Chief – ‘Our Drugs
          Do Not Work On Most Patients’

          A senior executive with Britain’s biggest drugs company has admitted that most prescription medicines do not work on most people who take them.

          Allen Roses, worldwide vice-president of genetics at GlaxoSmithKline (GSK), said fewer than half of the patients prescribed some of the most expensive drugs actually derived any benefit from them.

          http://www.rense.com/general69/glax.htm

          Nov 20, 2016 20:05 AM

          If you are concerned about Pharmaceuticals and the Food supply, then everyone should be concerned with the power, scope of control, and decisions of Codex Almentarius:

          What is the Codex Alimentarius? | CLASSIC

          https://www.youtube.com/watch?v=Ws2kLJP5PBI

            Nov 20, 2016 20:06 AM

            Codex Alimentarius – The End Of Healthy Food, Minerals and Vitamins

            Alarming draconian legislation regarding the FDA’s ability to regulate basic vitamins, nutritional supplements and even juices as a “drug” is being snuck in as a rider to an unrelated bill in the Congress [under Docket Number 2006D-0480 ].

            https://www.youtube.com/watch?v=mTs408Nzl0A

            Nov 20, 2016 20:08 AM

            Codex Alimentarius Explained in 6 min

            This is from documentary called “Waking Up Canada To The New World Order” the very first video Frankie Gotz ever produced

            https://www.youtube.com/watch?v=WAk2blRHdNE

            Nov 20, 2016 20:09 AM

            Codex Alimentarius and the Threat to Health Freedom

            First published June 10, 2012

            “National Health Federation president Scott Tips on Codex Alimentarius and the threat to health freedom. Increasingly draconian restrictions are being placed on vitamins and other food supplements at a time when a growing number of people are beginning to take health care and illness prevention into their own hands.

            Avoidance of institutionalized healthcare is likely to increase as long as corporate influence on government continues and the medical establishment holds the interests of pharmaceutical corporations and other related businesses over those of the individual.”

            https://www.youtube.com/watch?v=7PQ7QmFIq6M

            Nov 20, 2016 20:23 AM

            Speaking of Food Chemistry: Here’s another naughty stunt by Monsanto = glyphosate

            Monsanto Is SCRAMBLING To Bury This Breaking Story…
            Posted on November 18, 2016

            http://www.silverdoctors.com/headlines/world-news/monsanto-is-scrambling-to-bury-this-breaking-story/#more-74336

            Nov 20, 2016 20:42 AM

            Absolutely, Ex!

            Is there a more evil corporation than Monsanto? The MIC corps, I suppose.

            Nov 21, 2016 21:43 PM

            I believe Monsanto was voted the most evil corporation in America several years in a row now by some big survey.

            Even when Bayer has been going through the merger process with them, many Bayer investors didn’t want to be associated with Monsanto and tried to block the merger as a result. Maybe Monsanto felt it could accomplish more under the guise of Bayer. Who knows?

      Nov 19, 2016 19:31 PM

      Bob UK, there’s no such thing as free healthcare. Jesus Christ would absolutely condemn all forms of socialism because they are based on theft, not charity.

      You have negative rights and consensual positive rights, Bob. When governments hand out positive rights, they are nonconsensual and, therefore, amount to slavery.

      Human rights are rights that everyone can enjoy at the same time. Therefore, they are all negative rights, not positive rights.

      The Difference Between Negative Rights and Positive Rights

      Here’s a very good explanation by J.P. Moreland, professor of philosophy at Biola University, from his recent interview with Hugh Hewitt:

      A negative right is a right for me to be protected from harm if I try to get something for myself. A positive right would be my right to have something provided for me.

      If health care is a negative right, then the state has an obligation to keep people from preventing me from getting health care and discriminating against me. If health care’s a positive right, then the state has an obligation to provide it for me.

      As I read the New Testament, the government’s responsibility, and by the way, I think the Old Testament prophets say this, too, is I read the prophets in the New Testament, the government’s job is to protect negative rights, not to provide positive rights. So as a Christian, I believe in a minimal government. It’s not the government’s job to be providing the health care benefits for people. So I will be looking to see if Obama does things to minimize the role of government in culture, and to provide for as much human freedom as possible.

        Nov 19, 2016 19:01 PM
        Nov 19, 2016 19:24 PM

        Matthew, with all respect, that is the bigget load of bull that I have ever read on this site.

        But if it makes you sleep better at night then good for you.

          Nov 19, 2016 19:00 PM

          +1

            Nov 20, 2016 20:20 AM

            It’s funny that you voted for Ron Paul, Bobby. You do know where he stands on this, don’t you?

          Nov 19, 2016 19:05 PM

          Well Bob, you and Bobby obviously don’t understand economics, socialism, or RIGHT FROM WRONG.

          Ignorance really is bliss, isn’t it?

          GH
          Nov 20, 2016 20:03 AM

          That gave me a good laugh, Bob, even though I agree with Matthew.

          Let’s try it in plain English.

          If I’m a Christian, and I voluntarily help people in need, that’s points for me, no? And someone else, who won’t, that’s demerits for him, no? So if I threaten him with violence to coerce him into helping people, that’s points for…who?

          Of course ‘in need’ begs the question, is it due to misfortune, or due to things like laziness, irresponsibility, and vice?

          Personally, I like to help people who help themselves. But people who insist on foolish behavior, time after time, ignoring the good advice of friends and family? Let them hit bottom. My help will do much more good elsewhere.

            Nov 20, 2016 20:42 PM

            Straight from one of the links I provided above:

            But how can taking what belongs to another person (their money, time, or effort) through legislative force be a right?

            Is that not the very essence of slavery?

            The truth is that the only rights actually guaranteed to Americans by the Constitution are those that protect freedom of action.

            Nov 20, 2016 20:45 PM

            Socialism appeals to neanderthals but their expensive indoctrination facilities (“higher education”), among others, has made them INCAPABLE of recognizing that fact.

      Nov 20, 2016 20:55 AM

      If American’s think health care is expensive now, just wait until it’s “free.”

        Nov 21, 2016 21:21 PM

        Good one Bob M. There is no free lunch (or healthcare) (or college).

        The government generates no (0) money, so the only way it would have to pay for something (so that it is free) is tax someone else for it. Robbing from Peter to pay Paul.

      Nov 20, 2016 20:02 PM

      Morning Bob UK, I have never talked with any person, Definitely both James and Glen who would disagree with your statement.

      Nov 21, 2016 21:06 AM

      It became the wealthiest precisely because it did NOT provide universal free health care. Meditate on this: “You shall not steal.”

    Nov 19, 2016 19:02 AM

    What event will force all and sundry to face their economical day of reckoning?

    CFS
    Nov 19, 2016 19:05 AM

    Trump, in economic terms, the village idiot, was promoted and put as the Republican candidate by the Main Stream Media, because it thought he was the easiest candidate to defeat. Little did the MSM realize that being opposed by such an obvious criminal, liar and corrupt person as Hillary Clinton would lead to the election of Trump.

    So it is what it is; we have not the best candidate for President, but the MSM’s choice as the least electable candidate, who won. God help us all.
    I do not doubt Trump will try his best, but he will be attacked relentlessly by the MSM.
    He will be obstructed by the Republican establishment as they try to rebuild their crony clique of power. He will be challenged at every turn by the Democrats, who care little about doing what is best for the country, but mainly about gaining power over the “system”. And so the country goes…..
    What was the best country in the world, based on the best Constitution yet devised by man man, may it rest in peace.

      Nov 19, 2016 19:28 PM

      CFS is the smartest whiner in the nation……just ask him he’ll tell you.

    Nov 19, 2016 19:32 AM

    I don’t agree CFS. Trump is no idiot let alone a village one. Of course he has flaws as we all do. But I believe that what’s happened in the U.S. is nothing short of a miracle, where as in times past God uses the most improbable of souls to do His will. The neo-cons are going to get routed more and more. We see this in the main stream media which is parading its own idiocy by the day. Likewise with that main ringmaster Soros who like some hidden cockroach is getting the floodlight flashed on him in a way even he can’t run from. Of course Trump needs our prayers, not least that he continue to be given divine cunning – something his advisers already seem cute to.
    Trouble is CFS we’re so used to thinking within finite terms, NOT divine ones where all things are made possible when the Almighty goes to work.
    Best, A

      GH
      Nov 19, 2016 19:59 PM

      Let’s not get ahead of ourselves, Archdeacon.

      I prefer Trump to Hillary because I don’t know of a more vile person than her.

      But let’s look at Trump’s appointments. Pompeo thinks Snowden deserves execution. So where’s Trump’s commitment to constitutionality? Where is his voters’ commitment to constitutionality?

      Snowden revealed high crimes by our gov’t, and HE deserves to be executed? Americans’ values are all too often inverted.

        GH
        Nov 19, 2016 19:06 PM

        The inescapable outcome of pervasive surveillance is totalitarianism.

        Nov 19, 2016 19:01 PM

        Trump has no values, period.

          Nov 19, 2016 19:21 PM

          You’re out of your mind if you think Hillary is morally superior to Trump. Period.

            Nov 20, 2016 20:49 AM

            nobody mentioned Hillary

            Nov 20, 2016 20:16 AM

            In light of the comment that you replied to, your comment implied that Trump was worse. Still, I did not assume anything — notice that my assertion contained an “if”?

      CFS
      Nov 19, 2016 19:25 PM

      OK, Trump may not be the village idiot, but he is not a great businessman..
      E.g.
      Bankruptcy No. 1: The Trump Taj Mahal, 1991
      He funded the construction of the $1 billion Trump Taj Mahal casino in Atlantic City, N.J., which opened in 1990, primarily with junk bonds at a whopping 14 percent interest. A year later, the casino was nearly $3 billion in debt, while Trump had racked up nearly $900 million in personal liabilities. So Trump decided to file for Chapter 11 reorganization, according to the New York Times.

      As a result, Trump gave up half his personal stake in the casino and sold his yacht and airline, according to the Washington Post.

      Bankruptcy No. 2: Trump Castle, 1992

      Within a year of his first Chapter 11 filing, Trump found himself in bankruptcy court again for Trump Castle, which opened in 1985. It was his “weakest gambling hall,” according to the Philadelphia Inquirer, and ironically faced competition from Trump Taj Mahal. In March 1992, the Castle filed a prepackaged bankruptcy plan, and Trump gave up his 50 percent share in the casino for lower interest rates on $338 million worth of bonds.

      Bankruptcy No. 3: Trump Plaza and Casino, 1992

      The Trump Plaza Hotel and Casino in Atlantic City, which opened in 1984, declared bankruptcy at the same time as the Castle. A $210 million joint project of Trump’s and Harrah’s, the casino had racked up $250 million in debt by 1992, after a staggering 80 percent decline in cash flow. So Trump Plaza filed for prepackaged bankruptcy that spring as well.

      Bankruptcy No. 4: Plaza Hotel, 1992

      Later that year, Trump filed bankruptcy on another Plaza, this one in New York. Trump purchased the Plaza Hotel in Midtown Manhattan for $390 million in 1988, but it accumulated more than $550 million in debt by 1992. In December 1992, Trump relinquished a 49 percent stake in the Plaza to a total of six lenders, according to ABC News. Trump remained the hotel’s CEO, but it was merely a gesture; he didn’t earn a salary and had no say in the hotel’s day-to-day operations, according to the New York Times.

      Bankruptcy No. 5: Trump Hotels and Casinos Resorts, 2004

      Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004 when his casinos — including the Trump Taj Mahal, Trump Marina and Trump Plaza casinos in Atlantic City, and a riverboat casino in Indiana — had accrued an estimated $1.8 billion in debt, according to the Associated Press. Trump agreed to reduce his share in the company from 47 percent to 27 percent in a restructuring plan, but he was still the company’s largest single shareholder and remained in charge of its operations. Trump told the Associated Press at the time that the company represented less than 1 percent of his net worth.

      Bankruptcy No. 6: Trump Entertainment Resorts, 2009

      Trump Entertainment Resorts — formerly Trump Hotels and Casinos Resorts — was hit hard by the 2008 economic recession and missed a $53.1 million bond interest payment in December 2008, according to ABC News. It declared Chapter 11 in February 2009. After debating with the company’s board of directors, Trump resigned as the company’s chairman and had his corporate stake in the company reduced to 10 percent. The company continued to use Trump’s name in licensing.

      Experts told us during the primary season Trump alone didn’t cause the bankruptcies. While six in 25 years is a lot, five were tied to a struggling gaming industry.

      Trump has actually filed Chapter 11 six times, four times within two years in the 1990s, once more in 2004 and once more in 2009.
      He has effectively left his “investors” with losses greater than his current net worth!
      Not a brilliant record.

      Worse than that, he has no moral driving basis which guides him……hence his changes of mind so often.
      just my 2 cents.

      I do not doubt, however, he is better than the alternative unindicted criminal choice for President.

        Nov 19, 2016 19:31 PM

        CFS, “”””Worse than that, he has no moral driving basis which guides him…””

        Says the guy that believes in talking snakes and burning bushes. Please you believe in superstition…..

          Nov 19, 2016 19:22 PM

          I think you CFS confused with someone else, Chris.

          CFS
          Nov 19, 2016 19:36 PM

          Chris in the Phillipines, I’m sorry, but I did not understand “Says the guy that believes in talking snakes and burning bushes.” statement.

          As far as I can recall, I am the only person in this blog that has repeatedly announced that I am neither a Christian or a Jew.
          I always try to make that disclaimer up front, and have made it so often that I thought it common knowledge by now.

        GH
        Nov 20, 2016 20:55 AM

        Good stuff, CFS, thanks!

    Nov 19, 2016 19:56 AM

    I think Hillary Clinton should get an invite to Dr. Phil’s show for a check out and a check up. Wouldn’t that get the tabloids buzzing. Dr. Phil would rather have Trump because he’s all about ratings. At least we could question the good doctor about why so many people are Trump kool aid drinkers and that might help Matthew understand his popularity. LOL! DT

      Nov 19, 2016 19:47 AM

      Now we know what happened to Hillary on election night… 🙂

      https://www.youtube.com/watch?v=d5JoDj1LGPA

        Nov 20, 2016 20:27 AM

        🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂

        HILLARY’S DOCTOR COULDN’T FIND STRONG ENOUGH DRUGS TO SEDATE HILLARY CLINTON ON ELECTION NIGHT 2016. PARKINSON’S AND ALCOHOL ARE A BAD MIX — ESPECIALLY WHEN YOU THINK YOU’VE STOLEN THE ELECTION AND HAVE EVERYTHING RIGGED, YET YOUR SOROS SCHEME BLOWS UP IN YOUR FACE. VOTER FRAUD ONLY GOES SO FAR — AND AS HILLARY REALIZES THAT, SHE FREAKS OUT AND GOES BALLISTIC.

        🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂 🙂

      Nov 19, 2016 19:55 AM

      What about Okra Winfrey??? Wasn’t she backing Hillary to the hilt?

        Nov 19, 2016 19:40 AM

        EB, Oprah was not part of the basket of deplorables, that label was reserved for Trump supporters.

          Nov 19, 2016 19:48 AM

          I just thought I would remind everyone here that Christmas will arrive in six weeks from tomorrow, I can here ugh in the background, how time flies when we are having fun. DT

            Nov 19, 2016 19:53 AM

            OOPS, make that five weeks, oh well!

      Nov 19, 2016 19:34 PM

      DT, I understand Trump’s popularity perfectly. I also understand that the average guy is scarily unconcerned with sound and consistent principles and knows nothing about how to size-up a candidate.

      BUT, they were right to choose Trump over Hillary.

    GH
    Nov 19, 2016 19:33 AM

    Does anyone other than me think it is important that Hillary appears to have surrounded herself with pedophiles, satanists, and someone closely linked to the Muslim Brotherhood? As bad as what we know about her, is there worse to come?

    If you could peel back the paneling, how full of similar cockroaches is DC? Isn’t the opportunity presented by Wikileaks revelations a rare opportunity to clean house?

    Will Obama rob the US of this opportunity with presidential pardons? Is there anything that can be done to stop him? Can the President pardon treason? She can still be held accountable internationally for her war crimes, I suppose.

    If we can’t get her, when her crimes are so obvious, we will never get the neo-cons who started us on these criminal wars. Nor will we get the real perpetrators of 9/11.

    Without doing these things, how can the US ever be great again? (I recognize the US has always had a lot of bad, but it also had a lot of good.)

      GH
      Nov 19, 2016 19:03 PM

      I guess not.

      I know it sounds so crazy it boggles the mind.

      But look into it. It’s all in wikileaks, and the implications are inescapable.

      Tony and John Podesta. Marina Abramovic. Hillary and Huma. Weiner, of course. Epstein.

      It should be pitchfork time. (Figuratively speaking, of course.)

      DC
      Nov 19, 2016 19:16 PM

      Yes, the President can pardon treason. There is only one thing a President cannot pardon and that’s anything to do with impeachment and its proceedings.

      GH
      Nov 20, 2016 20:11 AM

      It’s surprising to me that I, as a non-Christian, am appalled that Clinton insider John Podesta is attending ‘spirit cooking’ (youtube it) dinners at Abramovic’s house, and that HRC and her Muslim Sisterhood confidant are on a first-name basis with Abramovic, while from all the outspoken Christians on this site there’s nary a peep.

    Nov 19, 2016 19:36 AM

    Now that the Trump is in, The Don needs to see past the boyz in the hood and concentrate on those few dudes that look like DANIEL. !Viva el Rey!! Yeah, he’s got me under his piel/skin

    AJ
    Nov 19, 2016 19:59 AM

    Trump’s vast web of conflicts: A user’s guide
    An agency-by-agency look at the ethics challenges flowing from Trump’s sprawling business empire

    http://www.politico.com/story/2016/11/donald-trump-ethics-conflicts-231454

    Nov 19, 2016 19:14 AM

    Not trying to be rude but if I’m trying to be totally honest I wouldn’t call Farley an expert, certainly not about insurance and certainly not free market health care. If you have to “insure” people with pre-existing conditions, that’s not insurance. That’s like buying an insurance policy for your house after it burns down. However society decides to deal with pre-existing conditions, they should be addressed outside the insurance system.

    Mr. Big Al Korelin, please, if you discuss the Unaffordable No Care Act again, try to get an expert from the Independent Institute. They have several on staff who have viable alternatives to this monstrosity.

    Nov 19, 2016 19:05 AM

    “If Jesus showed up”
    We can only hope and pray that he does.
    When he does – none of the bullshit on here is going to mean squat.
    Gold price, dollar amount, Obama, Clinton , Trump – all just a bunch of noise.
    Like a fart.

      Nov 19, 2016 19:03 PM

      +1

    Nov 19, 2016 19:18 AM

    Only way to get the huge money needed for infrastructure , is a massive 25 cent per gallon fed extra tax on gasoline [and desel and nat. gas]. Dems will vote for this 90% and trump can twist arms and get 40% of repubs to vote for it. If Trump wants to deficet fund infrastructure , We will wind up with 6% mortgage rates in months. Pray for peace S

      Nov 19, 2016 19:53 AM

      infrastructure

      You misspelled pork barrel. HTH. 🙂

      Nov 19, 2016 19:03 AM

      Trump will deficit spend.

    Nov 19, 2016 19:37 AM

    Trump exposes everyone.

    The people that said either candidate makes no difference.
    The jaded people that think he won’t make a difference.
    The republican for-profit war criminals.
    The idiot communist democrats.
    The main stream media.
    The Obamanation disgusting legacy.
    The people that can’t do simple math, that thought Hillary would win.

    They just didn’t, get it!

    http://www.hollywoodreporter.com/news/steve-bannon-trump-tower-interview-trumps-strategist-plots-new-political-movement-948747

    Nov 19, 2016 19:53 AM

    An easy way to pay down the national debt would be, to have ” pay per view ” around the world showing the milartary tribunals and court hearings of all the criminals (past and present) as part of ” draining the swamp “.

    Nov 19, 2016 19:03 AM

    And then comes the new popcorn ETF. heh heh)

    Nov 19, 2016 19:17 PM

    Ron Paul Reveals “The Real Fake Media News List”

    In response to the make-shift “fake news” list created by a leftist feminist professor, Ron Paul’s Liberty Report has realesed another fake news list has been revealed and this one holds a lot more water.

    http://www.zerohedge.com/news/2016-11-19/ron-paul-exposes-real-fake-media

    Nov 19, 2016 19:49 PM

    It’s that time of year again… when Americans load up on debt to buy stuff they don’t need with money they don’t have because Kim Kardashian told them to…

    http://www.zerohedge.com/news/2016-11-19/visualizing-black-fridays-surge-us-consumer-debt

      Nov 19, 2016 19:18 PM

      tragically funny Ebolan…. but very true.

    Nov 19, 2016 19:58 PM
    Nov 19, 2016 19:46 PM

    Ebolan its endemic everywhere in western world, not just the US. Here in Aus its ridiculous. The idiot box says we need it so we flock to the nearest shop like zombies. Bloody embarrasing!

    Nov 20, 2016 20:10 AM

    It is good that Hillary lost – obviously.

    But it may prove to be the worst thing that could have happened.

    Depending on what Trump does as president.

    If he governs as a Republican, it is time to pack bags. Because the clock is ticking. We will have – at best – four years before something far worse than Hillary returns, with a vengeance.

    Bernie Sanders, for instance. Or Michelle Obama.

    Or – probably – something far worse than either.

    If Trump screws it up, the blowback will be epic. An outright socialist will be the next president. Or perhaps something even more outright. Remember: We got Obama (and Obamacare) both of which had been inconceivable before George W. Bush because of the disaster that was George W. Bush. He did to the Republican brand what the diesel “cheating” debacle has done to VW.

    Without him, Obama would have been impossible.

    In the same way, Bernie (or Michelle or much worse) will be made inevitable by a failed Trump presidency.

    Even those who supported Trump will be hardpressed to do so four years hence if he proves to be another Republican. Keep in mind the 90-plus percent approval enjoyed (briefly) by our “war president” and Great Decider. And what happened later. A war does distract the boobs for a time – makes it easier to pick their pockets and take away their freedoms in the name of protecting them. Wave the flag, talk about how “great” America is.

    But they eventually notice that their pockets are empty and that they have become more like feudal serfs than citizens of a free republic.

    If Trump proves to be what Hillary certainly would have been – it’s over. And this time, it’ll be for good. There will not be another chance. The Free Shit Army will have its day. And a long night will descend.

    So, what must Trump do to prevent this?

    He must not govern like a Republican.

    Which means, no Mittens Romney-ish “repeal and replace” Obamacare. He must repeal it. Stomp it into the earth until it no longer twitches.

    Above all, the mandate has got to go. If the federal government has the power to force people to buy health insurance, then it has the right to force people to buy life and gun insurance, too (if they are even allowed to buy guns at all). And if our “health” is now a public concern, then nothing about our lives will ever be private again. What we eat, how much we weigh, whether we exercise, how we recreate … these and more will be matters of public policy.

    Enforceable at gunpoint.

    http://www.zerohedge.com/news/2016-11-18/razors-edge

    Nov 20, 2016 20:55 AM

    Obama USDA met 30 times with Mexican gov’t to promote food-stamp use among Mexican immigrants

    Read more: http://dailycaller.com/2012/10/01/obama-usda-met-30-times-with-mexican-govt-to-promote-food-stamp-use-among-mexican-immigrants

    AJ
    Nov 20, 2016 20:51 PM

    ‘Stop making fun of me’

    Trump slams ‘SNL’ sketch
    http://www.politico.com/story/2016/11/trump-slams-snl-sketch-231674

    Nov 20, 2016 20:45 PM

    Good post on Trump negative blowback effects Ebolan. Its scary to think what will be on offer in 4 years if Donald has left a sour taste in everyones mouth. Enforcing health insurance like you suggested is scary. The ramifications will be massive. Nothing like a war to distract the crowd. How longs Afghanistan been going for now????

    Nov 21, 2016 21:26 AM

    Thanks guys – some very interesting and informative points made which I’ve only just read (Monday).

      GH
      Nov 21, 2016 21:01 PM

      I don’t think it’s fake CFS. You can find the police sketches at ABCNews.com

      abcnews.go.com/International/maddy-mccann-cops-release-sketches-kidnap-suspects/story?id=20563026

      I’ve posted twice on this, the Podestas and spirtit cooking, how Hillary surrounded herself with satanists, pedophiles and Muslim Brotherhood, and no one has responded.

        GH
        Nov 21, 2016 21:03 PM

        What are the odds?

        is.4chan.org/pol/1478492716540.gif

        Of course, if it is fake, I would love for someone to demonstrate it is, so I can stop acting like a wing nut.

    Nov 21, 2016 21:03 AM

    Sounds plausibly horrific CFS. This paedophilia network is starting to expose unimaginable secrets on a global scale.

      Nov 21, 2016 21:17 AM

      It sounds plausible because it’s nothing new…
      https://www.youtube.com/watch?v=AY-F5JoHoho

        Nov 21, 2016 21:18 AM

        Speaking of nothing new, how about that Hollywood scum (I know that’s redundant):

        https://www.youtube.com/watch?v=bDv7l2UFoRo

          Nov 21, 2016 21:14 PM

          To be clear, it’s the hypocrisy that makes them scum. Example: Obama was every bit as bad as Bush in all the ways that the left hated, yet Hollywood was not only silent, but still enamored with the guy. The lefty hero and scholar, Noam Chomsky, even said he was much worse than Bush yet Hollywood and the rest of the delusional left just can’t see it.

          http://www.greanvillepost.com/2016/05/01/chomsky-obama-much-worse-than-bush-and-blair/

            CFS
            Nov 21, 2016 21:44 PM

            It may be the Obama was every bit as corrupt as HRC.
            e.g. He bought a Large property in Hawaii. He has an estate in California near the property known as Camp David West, and now he is buying a mansion in ambassadors row in Washington DC. Not bad on a $400K salary for 8 years.

        Nov 21, 2016 21:56 PM

        Beyond evil Matthew. Thanks, A

    GH
    Nov 21, 2016 21:06 PM

    I posted a bunch of links about the satanism, pedophilia, terrorism links in the Clinton circle on the Thursday market rap.

    http://www.kereport.com/2016/11/17/couple-differing-opinions-big-al-unrealistic/