Blog #76 – Donald Trump and Special Interests


Blog #76 – Donald Trump with No Special Interests? An OpEd

The idea that Donald Trump is different from everybody else in Washington because they represent special interests and he doesn’t is hard to reconcile with what we know of him. He started life with a loan of $4,000,000 from a rich father who made his money in real estate, and later gave him a $40,000,000 share of his real estate empire to help keep him doing the same. He owns casinos in Atlantic City and golf courses in Florida and Scotland, invests in hedge funds and hob-nobs with hedge fund managers, flamboyantly displays his abilities to fire people and cut jobs, and puts businesses he runs into bankruptcy when they’re no longer profitable for him. He issues 20,000 tickets to help fill an auditorium that seats 1,400, has dissenters thrown out of the audience because it’s a “private party” and wants their coats confiscated, although he says he loves the First Amendment as much as he loves the Second. He flies around in his private jet. He pays himself an annual salary from his corporations of $60 million a year. One bedroom units in his New York City condo tower sell for $2,250,000. He is worth between $4 billion and $10 billion dollars today, and brags about his wealth constantly. Banks have bailed him out when he needed to defer nearly $1 billion in debt when he was in hot water financially.

Whose interests is he likely to represent?

 

[Published as a Letter to the Editor of the Waterbury Republican and American, January 12, 2016]

More detail and discussion at

Blog 77a – The Real Trump and the Tumpeting Trump

Blog 77b –  Why is Trumpeting Trump so appealling

Blog 77c – Summary on Trump

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