“The US Government’s $523 billion in interest payments to service its debt in 2018 – the highest ever – was more than the entire economic output of Belgium this year.” – Huffington Post.
“The deficit jumped 17 percent (or by $113 billion) to $779 billion at the end of Trump’s first fiscal year, according to final figures released Monday by the Treasury Department.” (TYT) So much for Trump’s economic competence, then. (It’s mainly down to his tax cuts and so will be a lot worse when they’ve had a full year to bed in.)
“This is a con on such a scale, he even has his own currency!”
A major investigation by ProPublica into the workings of the Trump business empire has revealed that he and his family might have been lying their heads off for years about the great deals they do.
In the process, they’ve built a reputation through canny use of the media and assiduous marketing of the brand, that has persuaded a lot of ambitious, unsuspecting spivs in many shithole countries into wanting some of that Trump magic stardust, that’s been paid for by other people, to rub off on them.
They’d better count their fingers.
It’s not really that shocking or surprising that Trump lies constantly about the value of his investments, and who his business partners are, but here it all is in black and white, with a damning “No Comment” forthcoming from the White House.
And we have the gigantic New York Times revelations about his father’s business practises, his creative accounting and huge non-repayable loans to the boy Donald to back all this up: the Trump family has been mired in sleaze, these dogged investigators allege, for three generations.
More than self-made, it’s said, he’s a self-invented man: a conman, in other words. It’s all been done on borrowed money and illegal transfers, And his children are part of a well-trained act, each with their own role to play. Less a family, than a gang.
Trump lies that he merely licenses his name to projects around the globe, and that developers – many of whom turn out adventitiously to be the most enormous crooks and politicians, some of whom even end up in gaol – revere his manufactured reputation so much as a triumph of gangster capitalism, they are happy to pay millions of dollars just to put the word Trump on the outside of their buildings; while daughter Ivanka dabbles in a bit of high-tone interior design, ensuring that mysterious Trump je ne sais quoi (mostly at the expense of endangered species) is stamped through every project.
In fact, says ProPublica, as has already been revealed here and there, not least in Adam Davidson’s sterling work for the NYT, they are involved with those developments up to their fat necks, using borrowed money to sweeten deals and then walking off with the pot. As Davidson writes in a new piece for The New Yorker today, “It is becoming increasingly clear that, in the language of business schools, the Trump Organization’s core competency is in profiting from misrepresentation and deceit and, potentially, fraud.”
An ambitious hotel and condominium project in Panama, for instance, the 1,000-apartment “Trump Ocean Club”.
“Trump licensed his name for an initial fee of $1 million. But that was just the beginning of the revenue streams, a lengthy and varied assortment that granted him a piece of everything from sales of apartment units (5%, win or lose – the cheaper they sold, the higher his cut) to a cut of minibar sales, and was notable for the myriad ways in which both success and failure triggered payments to him.
“Consider the final accounting: In the wake of the project’s bankruptcy, a 50 percent default rate and his company’s expulsion from managing the hotel, Donald Trump walked away with between $30 million and $55 million.” (ProPublica)
They’re not always so successful, as may be evidenced by Ivanka Trump’s inveterate lying about her sometimes non-existent sales numbers to try to persuade buyers to sign up for apartments even before they were built. (We knew already that she and Jared barely escaped prosecution for this practise in New York in 2016, when the case against them was suddenly dropped. It may shortly be reopened, if it is shown that the prosecutor, Cyrus Vance*, took money to close it down. An investigation is underway.)
His dubious relationship with investment bank, Bear Stearns (one of the rotten financial institutions at the heart of the banking crisis, it collapsed in 2008 and was picked up for next to nothing by JP Morgan-Chase), seems too to have been based on optimistic overvaluations of his assets, aimed at conning investors into buying virtually worthless development bonds issued against Trump’s non-existent wealth.
This is a con on such a scale, he even has his own currency.
Many of the apartment sales in Trump Ocean Club seem merely to have been a vehicle for laundering money:
“For example, some buyers bought blocks of units. Purchases were typically made anonymously through shell corporations registered in Panama. That allowed some buyers to change the ownership of the unit in secret, simply by changing the ownership of the company. They often used so-called bearer shares, allowing a stake in a company to be transferred simply by (anyone) passing a piece of paper.”
But the units hadn’t been bult! This was typical of the activity exposed by the leak of the so-called Panama Papers from the legal offices of Mossack-Fonseca. Some figures connected with the sales had dodgy connections of their own:
“One high-selling broker, Alexandre Ventura Nogueira, was linked to money laundering by Global Witness and a joint Reuters-NBC investigation. Nogueira confirmed in that article that some of his partners and investors on the Trump Panama project had connections to the Russian mafia. … Among the buyers Nogueira landed was a Colombian businessman who was subsequently convicted in the United States of conspiring to launder drug money.”
All, of course, denied: all there was on paper was Trump’s hands-off licensing deal, and his massive, totally manufactured, reputation as a Great Businessman.
Sure you would be wary – but if you thought you were beating him, a bigly successful guy like Trump, with all those women and a gold airplane, you’d invest.
The art of making money, Trump-style, appears to be: find a mark – preferably impressionable small fry with bigger fish in the background – borrow as much as possible – it turned out, he didn’t have a penny of his own money invested in the Panama complex – set up the biggest, most prestigious development deal you can sell to unwitting punters and crims needing to launder a few million dollars – make whatever you can out of them legitimately – go bankrupt – cut a deal with the lenders, payback half – sue everyone, and walk away with the rest.
A pattern ProPublica describes as “Pump and Trump”.
But all this is currently under investigation by the Mueller team – and Trump knows it. To the Pumpkin, what is emerging is that he’s discovered the equivalent of those spectacular TV or Las Vegas magic acts; say, Penn and Teller, or David Copperfield. Taking simple magic tricks, by scaling them up a thousand percent – instead of a rabbit, you produce a live tiger out of the hat – same trick, biggest scale money can buy – even an elephant, the more spectacular the better, you can walk away with $millions rather than mere $thousands.
You have to admire him, really. Especially as you kind of suspect Ivanka is the brains behind the whole scam!
Eventually, a group of genuine Ocean Club buyers sued Trump and the development partners for misrepresentation: the case was settled out of court, and since then no-one involved has been willing to talk about it. Presumably the famous Non-Disclosure Agreements with which Trump saws all his victims’ legs off have come into play.
To obtain entry to the three-ring financial circus that is the First Family of the United States of America, that shining city on a hill, if you have an hour or two to spend, go to ProPublica:
And to The New Yorker: http://www.newyorker.com/news/swamp-chronicles/is-fraud-part-of-the-trump-organizations-business-model?mbid=nl_Daily 101818&CNDID=49581041&utm_source=Silverpop&utm_medium=email&utm_campaign=Daily 101818&utm_content=&spMailingID=14457406&spUserID=MTkwODY5NzgyMTM0S0&spJobID=1501430193&spReportId=MTUwMTQzMDE5MwS2
And to the New York Times: http://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
To hear Trump described by so many people as ‘a crook’ is one thing. Politicians? They’re all crooks! So what? We all know the stories: the multiple bankruptcies, the dodgy investors, the payoffs to mistresses, how he stiffs his workforce and his suppliers, posing as a Mafia boss; the huge unpaid debts to gullible foreign banks; the unpublished tax returns.
And we can blithely refer to the made-for-TV star “business mogul” as a “confidence trickster”, a buffoon who has put one over on a section of the American public. We liberal elites can share the painful joke. Ha ha! Stupid Trumptards!
To see how the trick is done, however, is quite another thing. Because it appears that he IS a professional A-movie-standard grifter, not just a smalltime bunco artist. And has been, all his rotten life.
With that sudden realization, scales will fall from your eyes.
Trump is the real deal.
And the dumbfucks love him for it.
*Not the late, former Secretary of State under the Carter administration.
If, maybe, then
This morning, it was reported in the news that Trump has moved somewhat on the Khashoggi murder, that so far he has refused to believe in.
In a statement, he says he now thinks it is likely something happened.
Everyone else concluded days ago, there is more than ample evidence, including: Khashoggi is lured to the scene and has reservations but nevertheless goes; two private Saudi jets arrive, carrying 15 operatives to Istanbul, military men among whom at least five have been identified as members of Crown Prince bin-Salman’s personal entourage; video of them arriving at the consulate. The local staff at the consulate have been sent home early; a security recording apparently made by a bug inside the consulate has Khashoggi screaming as his fingers are “sliced off” (a detail perhaps only available on a video), the consul pleading with the killers to “please do it outside” – he’s gone missing, incidentally – the team doctor suggesting the killers listen to music while hacking up the victim’s body. A team of cleaners is then seen arriving with mops and buckets; evidence of cleaning fluids, fresh paint on the walls, DNA and other traces are found at the scene, and much, much more.
But the story has been pieced together, only by leaks from the staff and police. There is no “official version”, and it is thought there might never be, as clouds of doubt and false trails are even now being concocted by those parties who have most to lose from a breakdown of the cozy relations betwen Saudi and western politicians, against a backdrop of Turkish ambitions in the region.
The president has complained until now that his friend the Crown Prince has been traduced, just like his friend Justice Kavanaugh, the world unfairly finding him guilty until proven innocent. Much as he feels about himself.
If they are indeed guilty, says the president, who has so far said only that both the King and bin-Salman have denied it and so it could have been “rogue operators”, so that’s fine by him, there will be “severe consequences” short of econiomic sanctions. So, what?
Then astonishingly last night at one of his Nuremberg rallies for his dumbfuck supporters, he praised Greg Gianforte, the Congress member from Montana, for violently attacking a reporter last year.
“Trump described in glowing terms the physical assault that occurred on 24 May 2017 when Ben Jacobs, the Guardian’s political correspondent, was asking Gianforte a question about health care policy …. The US president incited cheers and chants from a crowd of about 8,000 supporters when he said: “Greg is smart. And by the way, never wrestle him. You understand. Never.”
As the cheers rang out across an aircraft hangar in Missoula, Trump went on to say: “Any guy that can do a body slam … he’s my guy.” After praising Gianforte, Trump acted out the motion of throwing a person violently to the ground.” (Guardian, 19 Oct.)
The incredible double-standards this degenerate oaf manages to maintain show clearly, he has no standards at all.
Get rid of him.
20 October LATEST:
“YouTubers will be being recruited already by the White House to suggest that perhaps the Turks haven’t yet finished recording it….”
An admission has finally arrived from Riyadh, two and a half weeks after the event, that Khashoggi is indeed dead. They’ve just discovered, instead of him leaving normally, as they honestly thought he must have done (although he has not been seen and his fiancee was waiting outside), he died by accident in the Saudi consulate in Istanbul after taking on 15 burly security men who had gone to seize him on a misunderstanding, militarily trained bodyguards of Prince bin-Salman, in “a fist-fight”. This podgy, mild-mannered, 59-year-old man wearing glasses.
Suspects have been rounded up, senior officials sacked: especially the one President Trump suggested might be responsible, as he’d been photographed in a meeting with the Prince just days before the accident, and just happened to be among the party of tourists visiting the consulate.
I doubt we shall be hearing much from him.
This ludicrous explanation worthy of the direst banana republic has been greeted by Mr Trump, desperate both to protect a lucrative personal source of income and to give no hint of possible job losses in the defense sector before an election, as “credible”.
It has perhaps not occurred to him to ask, then, where is the body? Or any of the other 101 questions the Prince’s bullshit explanation raises. No, instead he has sent his “condolences”, his usual “sorry your dog died” message, to Khashoggi’s family.
Now, normally when an inconvenient person is made to disappear, the lies are cooked up in secret, in advance, behind the office door. In this case, however, the story is being developed retrospectively out in the full glare of the media spotlight. It’s precisely the tale Trump and Pompeo have been publicly prompting bin-Salman to put out, if he knows what’s good for him.
It’s standard Mafia reasoning: Khashoggi must have killed himself in a fit of remorse, before sawing his own body into handy, suitcase-sized chunks and disposing of it in a nearby forest, where men with spades were seen going on a nature ramble shortly before he died.
It’s an indication of how Mr Trump has conducted his entire shitty career, on the basis of lies so preposterous and frequently repeated that enough people will believe them. The arrogance of both these profoundly damaged, autocratic individuals is breathtaking: “you will believe whatever garbage dribbles out of our mouths because we are the rulers and you’re not.”
The good thing is, nobody does believe this one. But what’s to be done? The fallback now, of course, is that “we must wait for the outcome of the official enquiries”.
You will hear this a lot in the coming days, and it is perhaps one of the mysteries that this “audio tape”, or even rumored video of the murder does not appear to have been played to anyone outside the highest levels of the Turkish government, and possibly the police investigators. Pompeo has denied hearing it, but then he would. Why the delay in posting proof of what the Turks’ve been saying so far? There’s no shame in admitting they bugged the consul, everyone does it.
YouTubers will be being recruited already by the White House to suggest that perhaps the Turks haven’t yet finished recording it.
With the midterm elections so close, Mr Trump will be hoping at the weekly White House Evangelical pray-in tomorrow, that it’s all blown over by the time Congress, in whatever new form it may have taken, reassembles later in November.
“Nothing Trump ever says or does is ever said or done without some nasty little game plan in mind…”
The Senator from Massachusetts, Elizabeth Warren is the next most plausible Democratic presidential candidate qualified to become the First Woman. A Harvard Law professor, she has a reputation for steely questioning of political and administrative miscreants in committee, for being on top of her brief, for her obvious passion for justice, her forensic mental clarityand her absolute probity; her strength of character.
Everything Trump can’t manage to be and do.
There is of course always a possibility, based o n precedent, that such a butter-wouldn’t-melt person might be a total humbug, only time can tell.
At some time in the distant past, she ticked the box on an application form claiming to be of native Indian descent, as her mom had told her they were. According to Snopes’ fact-checking website, it was just the once. They quote the president of Harvard Law School as saying they don’t hand out well-remunerated professorships on the basis of candidates’ ethnic backgrounds. But political opponents – notably the President – have accused her of dishonestly benefiting from lying about her ethnicity.
Well, she could hardly claim to be black. She has also spoken on behalf of First Nation causes on the basis of her kinship. Neither is a crime.
Trump, who speaks only for his own cause, spent several years blatantly lying that he had evidence that President Obama was born in Kenya, and therefore disqualified from holding office, evidence he never somehow managed to produce, before turning his poisonous attentions a while ago to accuse Sen. Warren of lying about her origins, derisorily christening her “Pocahontas”.
Clearly Trump has issues with his own origin story: a draft-dodging, undocumented German grandfather who fled to Canada and opened a whorehouse; a property developing, rack-renting, tax-dodging racist father deeply embedded within the New York mafia; an estranged, emotionally dead mother and a retrospectively documented immigrant trophy wife who can barely wait to divorce him.
One time, Trump offered to pay a million dollars to the charity of her choice if Warren could prove her claim to Indian ancestry.
Much to the annoyance of the Cherokee nation, Senator Warren has now taken a DNA test proving that her background is indeed, at several generations removed, nevertheless partly Native American (tribe not specified). So not entirely a lie, then. And who hasn’t tickled up their CV once in a while, to sound more interesting? Trump won’t have, he doesn’t have a CV. Not until Mueller is finished writing it.
Asked by a courageous reporter if he would now pay up, Trump, who may well be one of the most dishonest incubuses to walk the earth while claiming unverifiable human origin, vehemently denied that he had ever in his life promised such a thing.
A thing that he is elsewhere seen on tape, at a rally in front of several thousand of his pet dumbfucks, loudly crowing about.
Needless to say, no apology has been forthcoming.
Instead, in true Trump style, graceless and shitty as ever, the great liar, phony and cheat has doubled-down on the good Senator, getting his insults in early, repeating his view that she is a liar, a phony and a cheat, saying he will only pay up if he can redo the test himself. (He doesn’t believe in DNA, any more than he understands why the planet is melting.)
And given that Stormy Daniels has just failed in her bid to get a court to allow her to sue the President for widely publicized defamation, whereupon he described her in a tweet as “a horseface”, it appears he can now say whatever he damn well likes about anyone he doesn’t like. Another step down the road to lawless autocratic rule by illiterate tweet.
“You will not beat him with honesty, decency or facts.”
Don’t be fooled. Nothing Trump ever says or does is ever said or done without some devious little gameplan in mind, that he hopes will produce results somewhere down the line. He may be an ignorant, bloviating oaf, but he’s a shrewd and calculating ignorant, bloviating oaf, well practised at dirty infighting.
Unfortunately, by commissioning that test, Warren has played into his hands.
Senator Warren is a woman, and Trump is a bullying misogynist who is going to try his best to make her cry, the way he destroyed Hillary Clinton with that “Crooked Hillary” tag, enlisting his dumbfucks in two-minute “Lock her up!” hate sessions based on no more than poor mad Alex Jones’ conspiracy theories, that she’s a pedophile-enabler who murdered the US Ambassador to Benghazi and sold America’s vital uranium assets to the Russians.
Trump doesn’t play by anyone’s rules whom you would comfortably know. You will not beat him with honesty, decency or facts. Thuggery is his trade. Whatever he may have learned at Wharton college, which wouldn’t have been much, he learned a lot more from his dad’s mafia lawyer, Roy Cohn.
He knows Warren is probably the Democrats’ best hope of beating him in 2020, so he’s going to try to defeat her now, two years before she has a chance to defeat him. He knows, she’s far too polite and straightlaced to retaliate in the same coin, going in hard with a knee to the nuts, although God knows, she’d have enough ammunition. Let’s face it, the Orange Pussygrabber’s the one under investigation for treason, obstruction of justice and financial shenanigans – she’s not.
And he knows that what she has going for her, that he doesn’t, is people’s respect: she’s direct, honest, well-briefed and cleverer than he is. But if she runs in the primaries, goes head-to-head in the debates, she knows already, from today, exactly how it’s going to play:
“Pocahontas!”. Nyah-boo! Your mom lied… You’re a phony!
He will never let up on that sneering racial insult until she capitulates.
Or until someone throws him in jail.
And frankly, with the courts now packed with lifetime Trump appointees who owe the boss a favor in return, all the way up to the highest court in the land, corrupted beyond saving, your Pumpkin just doesn’t see that happening.
It’s the classic Mafia playbook takeover of your country: “Fascist Dictating for Dummies…”.
I have frequently commented with the question: what collective insanity possessed the authors of your Holy Constitution to give a free pass to a criminal President with a majority in both houses to abuse such powers as to be able so easily to rig the governmental, fiscal and juridical systems; even subverting US foreign policy, in cahoots with an inimical foreign power, in his own electoral and financial interests, supported by a disaffected, gun-toting minority of religious maniacs, with absolutely no comebacks?
As soon as this criminal, lying motherfucker is gone from office, which he will be one day, assuming we’re all still alive to wave him good riddance or to follow his gun-carriage with crocodile tears down to Arlington, you might possibly give some very serious thought to that question.
“Two-faced liars with a shameful human rights record that makes Japan’s insistence on the cultural importance of exterminating whales sound convincing….”
Trump’s Khashoggi Register
Trump’s attempts to get Prince Mohammad bin-Salman off the hook over the murder in the Saudi consulate in Istanbul of regime critic, Jamal Khashoggi get more and more desperate, and more bizarre by the minute.
His sympathetic message is that, like his poor friend Judge Kavanaugh, like himself, poor Bin is being judged guilty by everyone in the world before he can be allowed to prove his innocence.
Of course, there’s an economic imperative behind Trump’s apparently uncritical, blind acceptance of assurances, both from King Salman, who has Alzheimer’s, and Crown Prince bin-Salman, who hasn’t, that there is no Khashoggi blood on their hands, or it may have been a rogue hit squad from somewhere else, China probably – or it was all an unfortunate accident that ended with them chopping him in manageable pieces
Trump’s pathetic dissimulation is designed to protect Saudi investments he profits from, and his famous $110 billion arms deal, “Possibly the biggest in history!” (not true. He’s such a con man. Actual contracts total $380 million, much dating from Obama’s time. The rest is all “letters of intent” – Snopes/Washington Post) Oh, and all those jobs at Boeing and Raytheon.
Has anyone ever thought to ask the people who work in the armaments factories that make the aircraft and the guided bombs that kill children in Yemen and around the world – the people these sanctimonious humbugs in government pretend they’re protecting – if they care what the awful things they make are doing? People with families and children themselves?
These are skilled engineers, programmers, systems analysts, designers, finishers, metallurgists, explosives experts, project managers. They could be making things all over the developing world that would benefit humanity, maybe tackle the real problems facing the world – not this grotesque shit. Have they so easily convinced themselves their efforts 9 to 5 are making America a safer place?
We are constantly told by politicians, oh, we mustn’t be beastly to the Saudis, or whoever, they’ll take their contracts elsewhere. Think of all those jobs we will lose! Think of the votes!
You are all, quite frankly, self-interested, cowardly liars.
Where? Where else will they go? Because if there was anywhere better, they would already have gone there. They come to us because we make the best stuff at the best prices, but we still imagine we have to offer them huge bribes they can stuff up their jalabas in return for their oily patronage.
And if they could sell their oil elsewhere, they would. They’ve got money, let them manufacture their own weapons of death. Oil dependancy, job dependancy, money dependancy…. Those are our WEAKNESSES!
Why are we so weak?
If we had the will to do it, we could bankrupt them in the morning. They know that, they’re not going to do anything.
(This piece has been edited for length. Ed.)
“I don’t want to talk about any of the facts.” – Mike Pompeo, US Secretary of State, on his return from Riyadh, in a statement confirming his boss’s belief in Saudi protestations of innocence in the torture and murder of Jamal Khashoggi.
GW: A perfect day for a snooze
Wake me up if anything happens…. it’s all gone pretty quiet. There’s ex-Tropical Storm Lara, pushing in across the US southwest with another dollop or two of rain over the desert, the sun’s been shining all day here, and that’s about it from around the weather news sites.
Oh, September was globally the 4th warmest ever, according to the NOAA. So we’re still good for 2018 being in the top 5 hottest years, despite it being a La Niña year – the other four being 2014,15,16 and 17 (not in that order). 2019 should be hotter, as an El Niño is 70 percent likely, based on current temperatures in the Pacific.
Forecasters are expecting anything up to 50 cm of rain in Spain and North Africa tonight as a massive weather thingy is moving through the Straits of Gibraltar. Last week southeastern Spain and the Balearic islands experienced very heavy rainfall, with 13 fatalities – this looks way worse.
And stand by for a blistering cold spell in Scandinavia and northern Europe after the weekend.
Now, buzz off. Zzzz.
If at first you don’t succeed
To explain evolution to an idiot, this link might provide them with learning material, and some amusement: