Donald Trump Agrees to Pay $25 Million in Trump University Settlement

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Interesting choice of words. I wonder how much higher he was willing to go in order for the country to forget about his crime.

It’s interesting also that the very government that is supposed to protect us from fraud, now has at its head one who has been blatantly charged with it. More than that actually.
and if Hillary had won?
 
The Current president was a known drug offender.
Yet he never had trouble from the law.
Likewise Clinton “never inhaled” and he never had problems from it.

I doubt Trump has anything to worry with.
What about the country? :eek:
 
The current STOSSEL television program, broadcast on Friday, November 17, 2016 has a lengthy segment [first in the proprem sequence] on a status report of for profit and/or non-non-profit education.

Including charter schools, Success Academy, PERC, Salman Khan, and other “non-traditional” yet more effective means of educating people.
 
The world is FULL of sales training courses at all kinds of prices.

The nevertrumpers at National Review did a hit piece on Trump.

nationalreview.com/corner/432010/trump-university-scam

One of the readers posted this:

The Insanity of our Government
Step 1 - Create a program that uses Tax Payer money to give unsecured loans to students with no job so they can get a college or University education. (Presumably so they can get a job and pay back the loan.)
Step 2 - Allow the Universities to raise rates year after year, both milking the taxpayers and putting students in deeper and deeper dept.
Step 3 – As students graduate and cannot find jobs, ignore the issue. Let’ the colleges keep raising rate; keep making the bad loans even though you know students probably will not be able to pay for it. (Sound familiar…2008 Mortgage loan crisis.)
Step 4 – Don’t hold Universities accountable for taking an average of FOUR YEARS and $30,000 to $100,000 and producing students that can’t make money. (Sound familiar…accusations against Trump University) Line up if you were duped into the Government and University fraud program. Did you really think that your education would guarantee you a high paying job?
Step 5 – THE GRAND SOLUTION
The Government always has a grand solution for the problems they create.
Blame the government who created the mess? Nope
Hold the Universities responsible? Nope
Make the Universities offer a refund program? Nope
Blame the curriculum? Nope
Grand Solution…Make the situation worse? You got it…
The government Democrats now want to give FREE (Taxpayer Funded) tuition to families making less than $125,000. And those tax payer dollars the university milked off the bad government loans, well, just let the universities keep the money. And those poor students that can’t find jobs, let’s just forgive them of their dept., after all, they were duped, just like all the poor Trump University students.
And what about those students that worked their way through college by having and job or those that are working and repaying their loans. Suckers…
The government will not place the blame where it belongs. (Sound familiar…bail out the banks.)
Who is to blame?
The sad Education system, inept Government and corrupt Universities are to blame, but once again, who foots the bill and gets the short end of the stick. The American Tax Payers.
 
Perhaps there are some parts of the Libertarian Party platform that are worthy of mention here.

“We believe that respect for individual rights is the essential precondition for a free and prosperous world, that force and fraud must be banished from human relationships, and that only through freedom can peace and prosperity be realized.”

“(3) the right to property—accordingly we oppose all government interference with private property, such as confiscation, nationalization, and eminent domain, and support the prohibition of robbery, trespass, fraud, and misrepresentation.”

“The prescribed role of government is to protect the rights of every individual including the right to life, liberty and property. Criminal laws should be limited in their application to violations of the rights of others through force or fraud, or to deliberate actions that place others involuntarily at significant risk of harm.”

Now I realize many will find points of the LP platform they don’t agree with, but the fact that fraud is mentioned a few times in relation to our basic rights should speak to all of them.
 
Yes, well…we all know Trump tweets the truth!

And the case doesn’t seem trivial at all. Don’t people go to prison for fraud?

.
In this case, the tweet about the settlement and the amount were true.

The view on the NY AG is an opinion, but not one that is entirely unfounded.

Also, this was a civil case.
 
I went to college for 4 years. It was my responsibility to attend classes, do the work required, and learn what was being taught. There are many people who sign up for schools who have unrealistic goals, poor study habits and are not disciplined. They don’t take responsibility for their education. There were other students who attended
Trump University classes and had no complaints. Trump probably had a good case and would have won at trial. Much of this was probably political to begin with.
There are some people who will sue over anything.
Trump university never was a university and was instructed by New York to drop the name University.

It was basically a pyramid scam.
 
Is there any real estate course that actually teaches anyone something besides what one can find for free at your local library? I have seen details of a few so called real estate courses and I have yet to find one that offers anything substantial. I wonder if Trump’s course was any different?
 
Ideally we should have a president that is not guilty of any crimes.

However, things are not ideal. On the whole I think I prefer a fraud to a drug user.
Please, let’s restore some dignity to the office of President of the United States, can we?

How can he possibly negotiate treaties or debt or anything else in good faith with his record of stiffing people? There are dead serious international ramifications that go past just a few students here.
 
People signed up assuming that each of them would become billionaires.

Lots of people DO make a LOT of money.

Courses are a necessary … but not sufficient … component to success.

Read the bio of Wilbur Ross.

Or Bill O’Neil.

Or Marty Zweig.

Or Charlie Munger.

Great book: “Excess Returns” by Frederik Vanhaverbeke.

On page 2 … top 70 investors.

Ya gotta do the work.

And there are no guarantees.
 
People signed up assuming that each of them would become billionaires.

Lots of people DO make a LOT of money.

Courses are a necessary … but not sufficient … component to success.
How do you know they expected to become billionaires? Can you provide some evidence of their motivation?

Also, I would dispute that courses are necessary for success. I know a very successful real estate investor who has an 8th grade education. Now, I would not recommend that level of education, but he was able to be successful in real estate without Trump university and in spite of the fact that he lived in a country that had a marxist government for a while.
 
Is there any real estate course that actually teaches anyone something besides what one can find for free at your local library? I have seen details of a few so called real estate courses and I have yet to find one that offers anything substantial. I wonder if Trump’s course was any different?
It is truly amazing sometimes to me how little so many people really know about real estate. I close transactions all the time, and I explain document-by-document and why this and why that, and there is not the least doubt in my mind that most people don’t know the basics at all. I have even closed deals for lawyers who knew next to nothing about how real estate works.

On television there is a show I can’t stand to watch. It’s by this real estate attorney Bob Massi or something like that. Why don’t I watch it? Because it’s so incredibly basic. I suffered through it once because I wanted to know if he had anything to offer. But obviously people watch it or it wouldn’t be on. Of course, they can watch him for free instead of entering an expensive course.

In all fairness, I will add that some real estate knowledge is kind of obscure. There are some things you “just have to know” in order to know. You’re unlikely to find it because you won’t know to look for it.

That’s not to say I’m passing judgment on Trump’s course. Might have been good, might have been worthless. But it really isn’t as if people know all that stuff or could easily look it up.
 
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