Wednesday, October 3, 2018

The Dubious Fiction of Donald Trump’s Fortune Has Been Exposed

https://truthout.org/articles/the-dubious-fiction-of-donald-trumps-fortune-has-been-exposed/
"Thanks to the Times report, we now fully understand why Donald Trump has been so unwilling to release his tax returns. Among other things, his calamitous financial history goes a long way toward explaining how he got himself all tangled up with Russian oligarch money in the first place. After Trump had wrung the last coppers from his father’s empire in an effort to paper over his failures (which begs the question: How does one go bankrupt multiple times after getting millions from Mom and Dad?), those willing to loan him money were few and far between. Should we ever see the final report from the Mueller investigation, odds are it will begin with the highly mobile decimal point on Trump’s bottom line. This is only part of the problem for Trump today. His entire adult existence, beginning well before he monsooned his way into national politics, is premised on the long fiction of his wealth, power and ability to cut a deal."