I cannot help but spew about the
latest news. No, not that Trump probably has a monster tax deduction for his 1995 losses... but those 1995 losses. What a crappy businessman! It takes talent to lose a billion dollars in one year at a time where the markets were doing swell.
The 1995 tax records, never before disclosed, reveal the extraordinary
tax benefits that Mr. Trump, the Republican presidential nominee,
derived from the financial wreckage he left behind in the early 1990s
through mismanagement of three Atlantic City casinos, his ill-fated
foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.
This led me to ponder what I would hire Trump for.... or not hire, inspired by some other folks on twitter:
- I would not hire Trump to run a bar outside a Navy base.
- I would not hire Trump to run a golf equipment shop near an Air Force Base.
- I would not hire Trump to run a brother next door to Congress
- I would not hire Trump to be the only baseball agent in the Dominican Republic.
- I would not hire Trump to run a poutine franchise next door to a marijuana dispensary.
- I would not hire Trump to run a casino near a major US city or two [if you cannot make money via casinos, you suck at business].
Yet the man is running on the theme that he is a good businessman. Just the biggest of the big lies.
This was exactly why Mitt's 47% gaffe was so damaging in the long-term. Eventually, the high-income tier of American society would also be suspect. (See: http://bit.ly/2dJeeBT bit.ly/2dJeD7z bit.ly/2dJdqwF bit.ly/2dJdYCO)
ReplyDeleteThis year's 'October Surprise' wasn't going to be some well-timed sabotage by WikiLeaks, it was always about Donnie flying too close to the sun. His tax returns were this campaign's equivalent of Indiana Jones' Lost Ark, and now the floodgates are open.
As the NYDN's Josh Greenman noted, today the US electorate knows something they were better off not knowing - that Trump's war against "elites" was never about the upper class.
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