I only know two Donald Trump jokes.
One is a book he “wrote” called The Art of the Deal, which was dreadful. The joke was on me because I have a horrible feeling I bought it.
The other is about his approach to deals.
A girl sees him in an elevator. She is thrilled to bits.
“Aren’t you Donald Trump?”
“Yes.”
“You’re my hero. Can I give you a blow-job?”
What’s in it for me?”
Like Sugar, Trump is no business genius. From 1992 to 2007 (when it finally emerged from bankruptcy) Trump Entertainment lost $430 million.
He is, however, very smart. Many of the property ventures with his name on them have just that – his name, and no actual participation.
As one financial commentator pointed out:
The Trump name does not come with a 100 percent satisfaction guarantee; in other words, a high-profile brand name will in no way trump poor execution in development and non-delivery on contract agreements.
Mr Trump has, as you may know, grandiose plans for a beautiful and currently unspoilt coastal estate just north of Aberdeen.
He has – after something of a stooshie – outline consent for a “golf resort” and a very large number of “executive” homes. The main drag of this venture will be modestly named Trump Boulevard.
Mr Trump has yet to seek detailed planning permission. Given, as you say, the usual disconnect between grand idea and funding, and the rather challenging financial context, those of us of somewhat sceptical bent await developments with great interest…
Everytime I enter a lift I annouce I am Donald Trump. So far, no luck.