How wonderful. Know those late night cable snake oil ad people? That is Trump
I've never really paid attention to Trump U. But with the settlement today (from someone who said he never settles), I decided to check out the Wikipedia page. Wow.
https://en.wikipedia.org/wiki/Trump_University
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The organization was not an accredited university or college. It did not confer college credit, grant degrees, or grade its students.[4] In 2011, the company became the subject of an inquiry by the New York Attorney General's office for illegal business practices that resulted in a lawsuit filed in 2013, which remains ongoing.[5][6][7][8]
Trump University was also the subject of two class action lawsuits in federal court. The lawsuits centered around allegations that Trump University defrauded its students by using misleading marketing practices and engaging in aggressive sales tactics. The company and the lawsuits against it received renewed interest due to Trump's candidacy in the 2016 presidential election. Trump settled the lawsuits in November 2016, after being elected to the presidency; he agreed to pay $25 million.[9]
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Trump University was incorporated in 2004 by Trump, Sexton, and Spitalny, as a New York limited liability company.[11] Donald Trump owned 93% of the company.[12] On May 23, 2005, Trump University formally launched its education program.[2] At the opening presentation, Trump said: "If I had a choice of making lots of money or imparting lots of knowledge, I think I'd be as happy to impart knowledge as to make money".[13] The company's original business plan focused on online education, but quickly expanded to include live, in-person instruction as well. The focus of the instruction was real estate investing, with Trump claiming in advertisements, "I can turn anyone into a successful real estate investor, including you."[14] Typically the instruction began with an introductory seminar in rented space such as a hotel ballroom. At the introductory seminar, students were urged to sign up for additional classes, ranging from $1495 seminars to a $35,000 "Gold Elite" program.[14] Records produced indicate 7611 tickets in total were sold to customers attending courses.[15] Approximately 6000 of these tickets were for a $1,500 3-day course and 1000 tickets were for silver, gold or elite mentored courses ranging in price from $10,000 to $35,000.[5][15]
Trump claimed that students gave 98% favorable reviews to the program.[16] But according to some former students, Trump University employees pressured students to offer favorable reviews, told them they had to fill out the forms in order to obtain graduation certificates, and did not undertake procedures often used to ensure that surveys were filled out objectively.[17]"
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So the greasy dude who pushed colonics on late night TV? Or the oxyclean guy? or the Popeil pocket fisherman pusher?
Aren't we lucky - we now have one of that ilk as our president.
I've always wanted my president to be someone to admire - to learn from - someone smarter than me. Hmmm - like President Obama.
Seems half the country wants their leader to be as ignorant and/or dumb as they are.
Each day this gets worse......
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