We have no way to know the Real Estate Developer’s leverage position. We have no way to know because he won’t release his financials and we have to take this liar’s word on everything he says. Six bankruptcies. SIX. “No personal bankruptcies” means nothing, and every businessman worth his salt knows this.
This is his standard of practice. His business model. Load his corporations with debt, loot the assets, declare bankruptcy. These sort of revelations should make his supporters shut up about his business acumen, because who wants a fraud like this leading our country? Weirdly his supporters seem as impervious to facts as the Birther-in-Chief himself.
As an aside, I love the NPR Politics podcast, the podcast that inspired this Planet Money episode. Love it. One little problem. I can’t link individual episodes, just the page with the latest on the top (well, you can embed them now) which makes the podcast really hard to share. IF the page was like the NPR Planet Money page, this would not be a problem.
On The Other Hand their general weekly podcasts make me parse the news more closely than I feel comfortable doing on this blog when it comes to linking their feeds here directly. I’d have to go through every sentence and pontificate as to why I disagree with this or that observation. Just go to the feed and listen to it yourself. Make your own judgments.
The real crime is not that he pays no income tax. No, the real crime is no Real Estate Developer pays income tax. This is because congress loves liars and fraudsters and hands them some of the best benefits available at their discretion.
But that isn’t the half of it. His supporters don’t want to know any facts about their candidate. They have been plugging their ears and humming as loud as possible for over a year now, hoping against hope that this guy will do the things he says he’ll do, counting on him to do the things he says he’ll do, and they don’t want to know any of the ugly details involved in getting the things they want.
So when the argument is made that he’d be stupid to release his tax returns, they agree with that. Because they can look at themselves in the mirror the morning after and say “I never knew he was going to murder 11 million people. If I had known that I would never have voted for him.” The lie is, they could have known that if they had not willfully blinded themselves.
Revealed this week (brace yourselves, this is going to keep happening) Donald Trump has probably not paid income taxes for about twenty years.
In a lengthy New York Times article, it is revealed that his losses in 1995 could have lent him a tax shelter for 18 years. But that isn’t the half of it. As this article on Vox points out, what is in the tax returns is even worse. We know it is even worse because the Birther-in-Chief hasn’t released his tax returns yet.
Patience. The other shoe will drop. Eventually.
After the election was essentially handed to Donald Trump, whether that platter it was served on was of Russian or FBI manufacture has yet to be determined, his spokeswoman stepped forward to explain that Mr. Trump has no intention of ever releasing his financials. This announcement reverses several months of excuse-making which Trump engaged in, and confirms his intentions to profit from his time in the office of the President in ways that no previous holder of the office would have ever dreamed of.
Trump cares nothing for the future of this country. He was impeachable from the moment he took the oath of office because he perjured himself in taking it. He is already subverting the constitution in violation of his oath. His raping of the country has begun and will continue until we stop him.
Last night at midnight, the Trump Administration took the White House petition site, We The People, offline.
Since taking office 11 months ago, 17 petitions have gathered more than the requisite 100,000 signatures each requiring Trump to address them.
He has responded to precisely none — including the largest and most popular petition in the history of the government site, “Immediately release Donald Trump’s full tax returns, with all information needed to verify emoluments clause compliance.”
America, you have your answer.Stonekettle Station, Dec. 20, 2017