Thursday, May 9, 2019

DID YOU REALLY THINK TRUMP HAD ENOUGH MONEY TO LOSE $1.2 BILLION?

Did you really think Trump had enough money to lose $1,2 billion?  It was other people's money, that he lost.  It was bank loans that went unpaid; contractors who didn't receive reimbursement; workers who did not receive pay.  The Trump family did not miss a beat when it came to their lifestyle.

What Trump got from his, so-called losses was the right to deduct, from future earnings, the losses of others, owing to the largess of our tax code for the wealthy, where the less fortunate have to cover the losses of the more fortunate.

2 comments:

  1. No, not really. Brilliant con/shell game man! His followers don’t care ... they applaud. Worshipping the Golden Calf. After that comes the 40 years of wandering in the desert. https://youtu.be/yKuFixvuVZg.

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  2. I think you are right on with your observation although you may be off on the length of time in the desert. Lost hegemons usually take centueries to recover, but yor metaphot is correct.

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