ATT Is Selling CNN

16 Nov 2020 07:51 #1 by FredHayek
ATT Is Selling CNN was created by FredHayek
Should Donald Trump buy it? And who would he fire first?

Thomas Sowell: There are no solutions, just trade-offs.

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16 Nov 2020 08:32 #2 by KizmaBuudi
Replied by KizmaBuudi on topic ATT Is Selling CNN
Donald Trump has over $400 million in loans coming due in a few months. He couldn't buy a toaster.

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16 Nov 2020 10:50 #3 by FredHayek
Replied by FredHayek on topic ATT Is Selling CNN
He would find someone else to finance it. You have to think a Trump endorsed network would be a proven ratings getter. 400 million in loans? Perfect time to refinance them when rates are at record lows and governments around the world are handing out piles of money.

Thomas Sowell: There are no solutions, just trade-offs.

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16 Nov 2020 11:30 #4 by KizmaBuudi
Replied by KizmaBuudi on topic ATT Is Selling CNN
Credit's going to be a problem since he has a well deserved reputation for dishonesty and incompetence.

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16 Nov 2020 14:27 #5 by FredHayek
Replied by FredHayek on topic ATT Is Selling CNN
Sure, he might have to pay a little bit more in interest but when banks are paying less than 1% on deposits, getting 5% might just just be worth the risk. Lots of junk debt is being bought up by investors looking for any return at all on their savings.

Thomas Sowell: There are no solutions, just trade-offs.

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16 Nov 2020 15:17 - 16 Nov 2020 15:17 #6 by homeagain
Replied by homeagain on topic ATT Is Selling CNN
AHEM, once he is a private citizen, MANY money issues will be mounting and so will the legal eagles at SDNY.

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16 Nov 2020 15:38 #7 by KizmaBuudi
Replied by KizmaBuudi on topic ATT Is Selling CNN
Yeah, I really think another reality TV show is going to be the best opportunity coming his way. He was a failed businessman who pretended to be a successful one on television, now he can pretend to be a successful politician. The rubes will eat it up, again...

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16 Nov 2020 19:59 #8 by FredHayek
Replied by FredHayek on topic ATT Is Selling CNN

KizmaBuudi wrote: Yeah, I really think another reality TV show is going to be the best opportunity coming his way. He was a failed businessman who pretended to be a successful one on television, now he can pretend to be a successful politician. The rubes will eat it up, again...

70 million people voted for him, more than any incumbent.

Thomas Sowell: There are no solutions, just trade-offs.

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17 Nov 2020 07:22 #9 by KizmaBuudi
Replied by KizmaBuudi on topic ATT Is Selling CNN
So he's not a loser, he's the second place winner. At least in your eyes.

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