ACN

HSuke

I had first-hand experience of how horrible ACN was when my housemates were tricked into joining it He had the gall to ask college kids to cut classes and use their education money on his MLM scam.

MenacingMelons

I asked ChatGPT to list all of Trump's failed business ventures. Enjoy! Here’s an updated and more detailed list, including the approximate costs (when available) of each of Donald Trump's failed ventures: 1980s: 1. Trump: The Game (1989) Cost: Around $25–$35. A Monopoly-style board game that failed to sell well and was discontinued. 1990s: 2. Trump Airlines (1989–1992) Cost: Trump spent around $365 million to buy the shuttle service. A short-lived airline service that went bankrupt after he defaulted on loans. 3. Trump Casinos (1990s–2016) Cost: Hundreds of millions in debt across multiple casino ventures, including Trump Taj Mahal. The casinos faced bankruptcies, and the last one closed in 2016. 2000s: 4. Trump Vodka (2006–2011) Cost: $30–$40 per bottle. Launched as “Success Distilled,” but failed due to low sales. 5. GoTrump.com (2006–2007) Cost: Unknown, but significant investment in online travel services. A travel booking website that never competed well and was quickly defunct. 6. Trump University (2005–2010) Cost: Courses ranged from $1,500 to $35,000. Shut down amid lawsuits alleging fraud, resulting in a $25 million settlement. 7. Trump Steaks (2007) Cost: $199 to $999 per package. Sold through Sharper Image, but pulled from shelves after failing to meet demand. 8. Trump Ice (2003–2010s) Cost: Sold in the $1–$5 range per bottle. Bottled water brand that eventually fizzled out. 9. Trump Magazine (2007–2009) Cost: $5.95 per issue, subscription models available. Folded after a couple of years due to poor circulation. 10. Trump Mortgage (2006–2007) Cost: Mortgage brokerage fees varied by customer. Closed down after a year due to the financial crisis and unmet sales targets. 11. Trump Network (2009–2012) Cost: Vitamins and health products sold in multi-level marketing schemes. Pricing varied, often marked up significantly from market standards. Failed to grow enough and was quietly shut down. 2010s: 12. Trump American Communications Network (ACN) (2010s) Cost: Products like videophones sold for $249 upfront, with monthly service fees. Another multi-level marketing company that failed to gain momentum. 13. Trump Shoes (2010s) Cost: Shoes were sold in the $100–$200 range. Branded shoes quickly discontinued due to poor sales. 14. Trump Watches (2010s) Cost: Watches ranged from $100 to $200. These watches failed to take off and disappeared from the market. 15. Trump Bibles (2010s) Cost: Speculatively priced around $30, but did not see widespread sales. Rumored attempts to market Bibles with Trump’s branding failed to gain traction. 2020s: 16. Trump Coins (2020s) Cost: Coins sold for around $40–$50. These commemorative coins marketed to his supporters didn’t achieve much success. 17. Trump Digital Trading Cards (NFTs) (2022) Cost: Initially priced at $99 per NFT. A series of NFTs featuring fantastical depictions of Trump. They sold out initially but were heavily criticized as low-quality cash grabs. 18. Trump Shoes (Revisited) Cost: Again priced in the $100–$200 range. Renewed attempts to sell Trump-branded shoes in recent years failed similarly to earlier efforts. 19. Trump Bibles (Revisited) Cost: Estimated at around $30–$50, but the product was never fully realized. Additional attempts to market religious-themed products after 2016 did not find success. The costs reflect either the price of the product or the approximate financial impact of the failed ventures, where available.

chuckrabbit

He’s filed for bankruptcy 7+ times which included casinos. How does a good businessman bankrupt a casino? He was paid (received) millions of dollars from his parents as a child. They also gave him hundreds of millions of dollars through fraudulent shell companies and loans. Obvious tax evasion, but the statute of limitations is long gone. He then received an even larger inheritance after his dad died. He would be richer if he took every dollar from his dad and threw it into the SP500 instead of wasting it on his failed businesses and scams. Trump Shuttle, Trump Vodka, Trump University, Trump Taj Mahal, Trump Plaza, Trump Castle, Plaza Hotel, Trump Hotels and Casino Resorts, Trump Entertainment Resorts, Trump Mortgage LLC, GoTrump (Travel Company), and Trump Steaks were all failed businesses. There’s probably more but that’s just a quick search. Trump Model Management closed down and his Miss Universe/Teen Beauty Pageants may have been sold for a loss. He also promoted an MLM called ACN and got paid millions for doing that, another scam. Please tell me how he is such a good businessman with “most” of his ventures being successful?

fleggn

He made speeches for the pyramid scheme company ACN

jawni

>Really? Are all the people in the sub ACN ponzi scheme merchants too? no idea wtf that is >The reality is that the courts, the Sec and the government have basically screwed the FED over with how much it's done for Bitcoin. FIT21 wasn't Vetoed it was passed by Congress. I meant SAB 121, you don't even have to click it, you can tell what happened just by reading the link itself. https://www.coindesk.com/policy/2024/07/11/us-house-fails-to-override-bidens-sec-veto-of-bill-that-would-end-controversial-sec-guidance/ >Trump 24 will probably try to veto it. Based on what?

raphaiki

Does anyone else think that Trump is essentially gaslighting us when he talks about Bitcoin? He was saying similar things before his last stint as president, only for him to basically give the SEC and courts free reign to go after Bitcoin companies and start litigating. The reality what he's currently proposing are things that the Biden administration and courts have already been doing against the banks. The reality is that the courts, the Sec and the government have basically screwed the FED over with how much it's done for Bitcoin. FIT21 was such a bold move by the US goverment that I was surprised that there wasn't much backlash and it was passed by Congress. Until I realised that.... Trump 24 will probably try to veto it. Him appointing Larry Fink, as Fink was one of the least pro-Bitcoin people out in the past, it's extremely surprising to see him publicly admit he was wrong. This is something a narcissist does, not to show that he was wrong, but to gaslight you into a false sense of security, before doing the exact opposite. I've just finished reading both Propaganda and Manufacturing Consent by Edward Bernays, and the more I look at Trumps presidential campaign and the orchestrated Pantomine that surrounds it, I can't help but see the work of Bernays all over it. Does anyone else think his Bitcoin talk is a bullshit narrative and that he's probably going to reverse all the decisions against the SEC when he gets into office? He's sooooo deep in debt and basically all his companies run off of credit lines. That he's an ideal debt slave candidate and will basically do what the banks tell him to do. Well the more I look at his past relationship with the Truth and his history of lying, the more I realize that believing anything that comes out of his mouth is a pretty stupid idea, because if I did that, I would believe that he was an actual billionaire, that has never scammed anyone for ACN, solicited porn stars for sex, and that he has never ever simulated violence on WWE or after it. He's even got a huge PR campaign trying to pretend he's the messiah. Which is something he can't afford. But his creditors definitely can. TLDR: Larry Fink and Trump are both establisment debt slaves, that have a longer documented history against Bitcoin, than they have done being proponents of it. Could they be gaslighting us for a rug pull like Defi and ICOs but on like a much bigger level?

raphaiki

Really? Are all the people in the sub ACN ponzi scheme merchants too? The reality is that the courts, the Sec and the government have basically screwed the FED over with how much it's done for Bitcoin. FIT21 wasn't Vetoed it was passed by Congress. Trump 24 will probably try to veto it.

raphaiki

Does anyone else think that Trump is essentially gaslighting us when he talks about Bitcoin? He was saying similar things before his last stint as president, only for him to basically give the SEC and courts free reign to go after Bitcoin companies and start litigating. The reality what he's currently proposing are things that the Biden administration and courts have already been doing against the banks. Him appointing Larry Fink, as Fink was one of the least pro-Bitcoin people out in the past, it's extremely surprising to see him publicly admit he was wrong. This is something a narcissist does, not to show that he was wrong, but to gaslight you into a false sense of security, before doing the exact opposite. I've just finished reading both Propaganda and Manufacturing Consent by Edward Bernays, and the more I look at Trumps presidential campaign and the orchestrated Pantomine that surrounds it, I can't help but see the work of Bernays all over it. Does anyone else think his Bitcoin talk is a bullshit narrative and that he's probably going to reverse all the decisions against the SEC when he gets into office? He's sooooo deep in debt and basically all his companies run off of credit lines. That he's an ideal debt slave candidate and will basically do what the banks tell him to do. Well the more I look at his past relationship with the Truth and his history of lying, the more I realize that believing anything that comes out of his mouth is a pretty stupid idea, because if I did that, I would believe that he was an actual billionaire, that has never scammed anyone for ACN, solicited porn stars for sex, and that he has never ever simulated violence on WWE or after it. He's even got a huge PR campaign trying to pretend he's the messiah. Which is something he can't afford. But his creditors definitely can. TLDR: Larry Fink and Trump are both establisment debt slaves, that have a longer documented history against Bitcoin, than they have done being proponents of it. Could they be gaslighting us for a rug pull like Defi and ICOs but on like a much bigger level?

raphaiki

Does anyone else think that Trump is essentially gaslighting us when he talks about Bitcoin? The reality his proposals are what the Biden administration and courts have already been doing against the banks. Larry Fink was one of the least pro-Bitcoin people out in the past, it's extremely surprising to see him publicly admit he was wrong. This is something a narcissist does, not to show that he was wrong, but to gaslight you into a false sense of security, before doing the exact opposite. I've just finished reading both Propoganda and Manufacturing Consent by Edward Bernays, and the more I look at Trumps presidential campaign and the orchestrated Pantomine that surrounds it, I can't help but see the work of Bernays all over it. Does anyone else think his Bitcoin talk is a bullshit narrative and that he's probably going to reverse all the decisions against the SEC when he gets into office? He's sooooo deep in debt and basically all his companies run off of credit lines. That he's an ideal debt slave candidate and will basically do what the banks tell him to do. Well the more I look at his past relationship with the Truth and his history of lying, the more I realize that believing anything that comes out of his mouth is a pretty stupid idea, because if I did that, I would believe that he was an actual billionaire, that has never scammed anyone for ACN, solicited porn stars for sex, and that he has never ever simulated violence on WWE or after it. He's even got a huge PR campaign trying to pretend he's the messiah. Which is something he can't afford. But his creditors definitely can. TLDR: Larry Fink and Trump are both establisment debt slaves, that have a longer documented history against Bitcoin, than they have done being proponents of it. Could they be gaslighting us for a rug pull like Defi and ICOs but on like a much bigger level?

raphaiki

Does anyone else think that Trump is essentially gaslighting us when he talks about Bitcoin? The reality his proposals are what the Biden administration and courts have already been doing against the banks. Larry Fink was one of the least pro-Bitcoin people out in the past, it's extremely surprising to see him publicly admit he was wrong. This is something a narcissist does, not to show that he was wrong, but to gaslight you into a false sense of security, before doing the exact opposite. I've just finished reading both Propoganda and Manufacturing Consent by Edward Bernays, and the more I look at Trumps presidential campaign and the orchestrated Pantomine that surrounds it, I can't help but see the work of Bernays all over it. Does anyone else think his Bitcoin talk is a bullshit narrative and that he's probably going to reverse all the decisions against the SEC when he gets into office? He's sooooo deep in debt and basically all his companies run off of credit lines. That he's an ideal debt slave candidate and will basically do what the banks tell him to do. Well the more I look at his past relationship with the Truth and his history of lying, the more I realize that believing anything that comes out of his mouth is a pretty stupid idea, because if I did that, I would believe that he was an actual billionaire, that has never scammed anyone for ACN, solicited porn stars for sex, and that he has never ever simulated violence on WWE or after it. He's even got a huge PR campaign trying to pretend he's the messiah. Which is something he can't afford. But his creditors definitely can. TLDR: Larry Fink and Trump are both establisment debt slaves, that have a longer documented history against Bitcoin, than they have done being proponents of it. Could they be gaslighting us for a rug pull like Defi and ICOs but on like a much bigger level?

raphaiki

Does anyone else think that Trump is essentially gaslighting us when he talks about Bitcoin? The reality his proposals are what the Biden administration and courts have already been doing against the banks. Larry Fink was one of the least pro-Bitcoin people out in the past, it's extremely surprising to see him publicly admit he was wrong. This is something a narcissist does, not to show that he was wrong, but to gaslight you into a false sense of security, before doing the exact opposite. I've just finished reading both Propoganda and Manufacturing Consent by Edward Bernays, and the more I look at Trumps presidential campaign and the orchestrated Pantomine that surrounds it, I can't help but see the work of Bernays all over it. Does anyone else think his Bitcoin talk is a bullshit narrative and that he's probably going to reverse all the decisions against the SEC when he gets into office? He's sooooo deep in debt and basically all his companies run off of credit lines. That he's an ideal debt slave candidate and will basically do what the banks tell him to do. Well the more I look at his past relationship with the Truth and his history of lying, the more I realize that believing anything that comes out of his mouth is a pretty stupid idea, because if I did that, I would believe that he was an actual billionaire, that has never scammed anyone for ACN, solicited porn stars for sex, and that he has never ever simulated violence on WWE or after it. He's even got a huge PR campaign trying to pretend he's the messiah. Which is something he can't afford. But his creditors definitely can. TLDR: Larry Fink and Trump are both establisment debt slaves, that have a longer documented history against Bitcoin, than they have done being proponents of it. Could they be gaslighting us for a rug pull like Defi and ICOs but on like a much bigger level?

raphaiki

Does anyone else think that Trump is essentially gaslighting us when he talks about Bitcoin? The reality his proposals are what the Biden administration and courts have already been doing against the banks. Larry Fink was one of the least pro-Bitcoin people out in the past, it's extremely surprising to see him publicly admit he was wrong. This is something a narcissist does, not to show that he was wrong, but to gaslight you into a false sense of security, before doing the exact opposite. I've just finished reading both Propoganda and Manufacturing Consent by Edward Bernays, and the more I look at Trumps presidential campaign and the orchestrated Pantomine that surrounds it, I can't help but see the work of Bernays all over it. Does anyone else think his Bitcoin talk is a bullshit narrative and that he's probably going to reverse all the decisions against the SEC when he gets into office? He's sooooo deep in debt and basically all his companies run off of credit lines. That he's an ideal debt slave candidate and will basically do what the banks tell him to do. Well the more I look at his past relationship with the Truth and his history of lying, the more I realize that believing anything that comes out of his mouth is a pretty stupid idea, because if I did that, I would believe that he was an actual billionaire, that has never scammed anyone for ACN, solicited porn stars for sex, and that he has never ever simulated violence on WWE or after it. He's even got a huge PR campaign trying to pretend he's the messiah. Which is something he can't afford. But his creditors definitely can. TLDR: Larry Fink and Trump are both establisment debt slaves, that have a longer documented history against Bitcoin, than they have done being proponents of it. Could they be gaslighting us for a rug pull like Defi and ICOs but on like a much bigger level?

HSuke

I found out in 2006 when he started scamming university students with his pyramid scheme (ACN) and ruined their lives.