The views expressed in any article published in this blog are the author's own and do not necessarily reflect the views of Joseph Foster or Bob Lupoli.

Wednesday, April 27, 2011

Joseph Foster: Trump & Controversy

By Joseph Foster
Email Joseph Foster at for a free book summary. My book, ‘’Destruction of America", subtitled "Stand up for America" will be available May 2012 at all major bookstores. Visit my blog Stand Up for America! for more articles.

Bob:  I do not attach an important factor to the dispute as what Trump is worth, Trump is a business man that has developed an image in that he develops Real Estate that set a high standard in Luxury, for this reason some developers will pay him to have their building bears his name,   I doubt if Trump will accept his name on a building that does not reflect his image of Luxury.  I have been in the Real Estate business for over 35 years by no means equal to any of the giant in the business, and have over the years admire the man for his business acumen, Trump has an edge over me since he was fortunate that his father was the one that established the business, and he followed his father foot step, mine was started from scratch and difficult. The critcism that he got 100% percent financing or perhaps 110% is not valid, a smart entrepreneur will always use leverage to his best advantage.

The other factor that some raised about Trump was Bankruptcy, the Law was enacted to allow a business to file Bankruptcy where such business fails. This Law encourage entrepreneurs to take risk and establish a business which creates employment, such Law is appropriate, but what I oppose is government bailed out of a Bankrupt company as was done to bail out Bankers, and some of the senior executives were given a sweet heart deal upon their termination of employment with the company, while thousand and upon thousands of low rank employees left with their meager belonging from their work station.

The law suit filed by Trump against Timothy O’Brien failed due to one of the main reason. In legal language the term ‘’Discovery’’ has the following meaning the stage of legal proceeding during which each side must provide data and documents to the other side. When Trump failed to produce full data and documents to prove his net worth, O’Brien attorney will file a petition for dismissal of the case and for this reason the case was dismissed.

There is no human being that is holy than though, humans are not perfect, Trump has not committed any crime that a court of Law has found him guilty, he is a colorful person and has the trait of showmanship. President Reagan was an actor and ultimately was elected President of the USA; he inspired America and gave Americans a sense of confidence. I was a great supporter of President Reagan; also I supported Ross Perrot when he runs for the Presidency of the US. If President Reagan was involved in the Iraq war after Saddam regime was toppled, and was faced with a sectarian violence he would have pulled all of the American military and told the Iraq people you may now fight amongst yourself, he did that in Lebanon. Some Authors have written books about Trump since they know the public will show interest on the subject matter of Trump. Right now the main stream of the Republican candidates that are lining up to run for President of the US are shocked that Trump is leading in the pole, some of  the professional politicians are going to try to destroy him. For clarification I consider a politician as professional based on those that have held elective office presently, or in the past,  many are vying for the top elective office of the Presidency of the United States, many carry in their head the same failed policies that has now caused America to decline, and we now hear how China is now the largest Industrial country on earth, today the IMF has released the following report; U.S. economy by 2016, says the IMF, using a special measure of economic size called "purchasing price parity."

Measured in dollars, the U.S. GDP will still be 70% bigger than China's by then, but the trend is unmistakable: At some point, barring a wreck of China's economic freight train, China will eclipse the U.S. to become the largest economy in the world.
What will this mean?
Well, psychologically, it will mean that Americans will have to get used to the idea that they're not the biggest kid on the block anymore. For most participants in the global economy, China will have become the most important trading partner and market, and China's economic policies, not America's, will dominate the global conversation.

Similarly, and perhaps more momentously, China's military will eventually be larger than the U.S.'s, which will mean the U.S. will no longer be the most powerful country in the world. It's easier to have influence over other countries when you can speak softly and carry a big stick. Once China vaults past the US economically, it will have the wherewithal to carry an even bigger stick--unless the US wants to continue to bankrupt itself by outspending everyone else despite its smaller GDP. End of quote.

My take on China achievement was due to Washington failed policies that it opt for cheap labor and prefer to De Industrialize America to benefit the few in America that are obsessed by greed, in mine opinion some of these folks consider the bottom line is more important than the future of America, as a reminder please read my Article in this Blog Titled, ‘’Sad day for America’’ and the article below titled America hellhole.

The professional politicians are disturbed by the following news;
Trump's broken the perpetual gridlock we've found at the top of the Republican field, getting 26% to 17% for Mike Huckabee, 15% for Romney, 11% for Newt Gingrich, 8% for Sarah Palin, 5% for Ron Paul, and 4% for Michele Bachmann and Tim Pawlenty.

I predict if Trump was to run for President of the US he will win the New Hampshire primary. It may shock Americans when I say the following Trump if you run please promise that you will begin to charge EEC countries for defense, perhaps you may also present a bill to the South Koreans, the Japanese and Taiwan have them pay for some of our defense cost, you shall stop the destruction of America and begin to get Americans to buy products that carry a label ‘’Made in America’ Trump remember what your great, grandfather thought you, always put your country interest first, do not sell America short, out there in America you have some of the finest people in the world, they work hard to achieve a high standard of living do not deprive them from a better life and have them join the ranks of the poor of the world.

Trump if you read this article perhaps you may lead America to produce products made by American workers that will be sold on the basis of quality, and not price. Germany does not sell price it sells quality.

Trump please tell the American people that some special interest group in Washington are working for China and not America, once you begin to use nationalism in your campaign you will be elected as the next President of the US. A word of caution do not try to balance the budget on the back of the seniors, the sick and the disabled, I estimate 25% of Medi care cost applies to fraud and price gouging, please check Medi care bills to find out which hospitals are charging Medi care patients $25.00 for a bucket of ice.

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