Thursday, October 29, 2015

Trump says he won’t file for bankruptcy until after bankrupting America

WASHINGTON—(TYDN) Donald Trump skyrocketed in the polls late Thursday after the billionaire said he would withhold declaring personal or business bankruptcy until after he bankrupted the United States if elected US president, TheYellowDailyNews has learned.

Analysts said it was among the boldest electoral statements a presidential candidate has made since at least 2008, when a campaigning President Barack Obama announced that he uttered the Pledge of Allegiance substantially more than his opponents. Trump's favorability rating jumped to 99 percent for likely Republican voters, according to a joint survey conducted by TheYellowDailyNews, CNN, CBS News, ABC News, The New York Times, The Washington Post and The Wall Street Journal. The survey had a margin of error rating of 0 percent.

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"He hasn't declared bankruptcy for a few years so we were expecting him to declare one any day now," election historian Ehterian Heldengstein, of Harvard University, told The YellowDailyNews in an exclusive interview. "This is monumental. Because if he's elected, it will take him at least a year to bankrupt the nation, which gives us more time before a US bankruptcy than we thought we had under a Trump presidency."

Trump, whose companies have filed for bankruptcy at least four times, made his announcement at a whistle-stop tour here as he addressed thousands of veterans and other homeless people who took a few moments off their begging routines around the nation's Capitol.

"I know everybody thought I was on the brink of filing another bankruptcy—because as I've said repeatedly bankruptcy is good for business," the GOP presidential hopeful said. "But I promise that I will bankrupt America first, then deal with my own personal or business bankruptcies afterward."

One homeless man, who declined to give his name for fear of retribution and was granted anonymity because of that fear, applauded Trump's decision. "This means the soup kitchens are likely to remain open for longer than we anticipated," the 54-year-old man told TheYellowDailyNews in an exclusive interview. "What Trump is promising shows respect for America."

One homeless Vietnam veteran, who told TheYellowDailyNews exclusively that his name was Fred, said he didn't believe Trump was telling the truth.

"I bet you my prosthetic arm that, if he's elected, the billionaire real estate and casino magnate would file for bankruptcy and bankrupt America at the same time," Fred told TheYellowDailyNews. "Christ, the presidency only pays $400,000 a year. How's he going to live on that?"