Filed under: Conservatism, Election 2016, Free Markets, Freedom, History, Humor, Liberalism, Politics, Television | Tags: A Billionaire?, A Successful Businessman?, Donald Trump
John O’Sullivan is a prominent British conservative political journalist who was once speechwriter for Margaret Thatcher, and is an editor for National Review. Can’t vote here, not a citizen, but a visitor. He remarked “But it’s obvious that this election cycle is about Trump rather than about the other candidates. He has come from nowhere and surged ahead of the pack. My suspicion is that he didn’t originally expect to be a contender for long and was surprised when he established a strong lead. But he overcame his surprise and began to do things candidates do – put out position papers, etc. – while sticking to his unique style of campaigning, namely riffing entertainingly on the day’s news, jabbing opponents with sharp verbal sticks, and treating his audiences like neighborhood friends.” I thought that a particularly sharp observation.
Holman Jenkins said “They say they like Mr. Trump because he tells it like it is, except he doesn’t. They say he is politically incorrect, but he is factually incorrect.”
“The Donald may be as surprised as anybody by the way his campaign has taken fire — his utterances certainly suggest so.”
He likes riding the wave and may be unable or unwilling to get off. He launched this adventure purely to accrue value in his lifelong personal brand-building pursuit.
That doesn’t mean he ever seriously thought about being president, having to do the job. And one way that might become apparent is when, after winning the nomination and celebrating his personal triumph, he turns to the GOP and its donor armies to see what they are willing to do to win him the presidency. If it’s not as much as he would like—if he would actually have to fulfill his promise to finance his own honest-to-goodness presidential campaign, which could cost $1 billion—that’s when things get hinky.
That’s a second observation that Trump was just fooling around with a campaign, and then people took him seriously, so he’s going to see how far it can go.
Have you ever known a real con-man? I have. He was, for a time a new manager in the department where I worked. Everybody liked him because he was so personable. They thought he was great, but one day one of his stories touched on something I actually knew about. It was a complete and deliberate lie, for no reason at all. It wasn’t much longer before he departed, fired for some irregular problems with his expense accounts. That was my first hustler. It’s not comfortable to have been taken for a fool, even though I wasn’t alone.
From Bloomberg Business: 2/26/2016
Trump Entertainment Resorts Inc., the casino operator founded by Republican presidential candidate Donald Trump, emerged from bankruptcy court protection on Friday and is now a subsidiary of billionaire Carl Icahn’s Icahn Enterprises LP.
Trump opened the Taj Mahal in 1990. The parent company continually struggled with debt, and Trump Entertainment filed for bankruptcy court protection in September 2014. The filing coincided with a protracted downturn in betting in Atlantic City that led four of the city’s 12 casinos to close. It was the Trump casino businesses’ fourth time in bankruptcy.
From Jim Geraghty at National Review: “What if Trump Doesn’t Have Billions?” “There’s a good chance we’ll never see his tax returns.”
Trump told Hugh Hewitt on his radio show a year ago that he would release his tax return shortly, as soon as they were completed. A few years ago he refused to release “un-redacted tax returns, even when it could help him win a $5 billion libel lawsuit against a New York Times reporter. Forbes magazine estimated his net worth after 80 interviews and many resources as less than half of what he claimed last year. Others with direct knowledge of his finances think his net worth is closer to $150 -$250 million. Still comfortably wealthy but not a billionaire.
Trump said that was a lie and sued, lost in court, appealed, and lost again. The case dragged on because he would not turn over the tax returns. So the likelihood that they will be released to the public is slim.
Bloomberg Politics, February 24, 2016 “A Look Inside Trump’s Global Deals Exposes Trouble in Many Spots” In Panama, condominium owners are trying to fire him. In Canada and Turkey, his business partners want to cut him loose. In Scotland and Ireland, he claims to be making millions on his golf courses, but so far is losing money. In Toronto the Toronto Tower Owners want Trump out.
“Donald Trump says his organization is in talks on more than 100 deals, 85 percent of them outside the U.S., and that if elected president he will bring to international relations the savvy he has demonstrated as a global deal maker.”
The article suggests that an examination of his operations shows that while he has made millions selling his name, he has chosen inexperienced or questionable partners, and there are legal conflicts amid claims of broken promises and empty apartments. Trump disputes the claims.
- Trump Mortgage (announced 2006, closed 2007)
- Trump Steaks (2007-?)
- Trump Vodka (2006-2011)
- Trump: The Game (1989-1990, 2005)
- Trump Ice (Shut down 2010)
- Go Trump.com (2006-2007)
- Trump Magazine
- The New Jersey Generals (1983-1985)
- Trump Airlines (1989-1992)
- Trump Entertainment Resorts Inc. 4 bankruptcies (1991, 2004, 2009, 2014)
- Trump Tower Tampa (2006-2007)
- Trump University (2005 -2011) Current lawsuit for fraud
“Trump and the Rise of the Unprotected” by Peggy Noonan, Wall Street Journal, 2/25/2016
I don’t know. Donald Trump seems to me to be a hustler. Too many lies, too much Big talk. Everything is going to be Great!, Beautiful! He knows how to do that. He knows how to fix that. But he never tells us how, or who is going to pay for it and how. There are some really big problems in the world and we have no hint about how Trump might address them.
Filed under: Architecture, Art, Education, History, Literature, Music, Science/Technology | Tags: Getting History Right, Gothic Cathedrals, Plagues
Medieval, the Dark Ages, a time of plagues and starvation, and gloom. Where did we get those ideas? And what was the real truth? Here’s a little historical correction for us.
Filed under: Capitalism, Domestic Policy, Economics, Economy, Election 2016, Freedom, History, National Security, Politics, Pop Culture, Taxes, The United States | Tags: Donald Trump, Election 2016, New York -- NY
Whether you are an admirer of the businessman from New York, or one of his detractors, you should get acquainted with this documentary made a few years back about ‘the Donald.’ It is long, but utterly fascinating. I come from the other side of the Rocky Mountains, and New York ways are not really familiar territory. We have enough trouble with the West Coast ways of Seattle and environs, and enviros. I added that last because I liked the combination, but Seattle is excessively environmentally loony.
Filed under: Domestic Policy, Education, Freedom, History, Literature, Progressives, The United States, United Kingdom | Tags: Heather MacDonald, The Western Canon, William Shakespeare
Is ar childrin lerning? Good question. The humanities are clearly in trouble. It is a mindset in the faculty and administrators. They’ve been trying to get rid of the canon ever since the sixties. I think the elimination of Shakespeare has been fairly recent. I was lucky enough to have a recognized Shakespearean expert as my professor. He had a wonderful voice, and some days he would simply read to the class, for he knew we had trouble with Shakespearean English. Other days, he would go deeply into the history of the period, and the real history on which the plays were based. Loved the course.
Happy Valentines Day!
Being of the male of the species, I’ve never much understood the importance some place on the holiday. Let’s face it, Valentines Day is nothing more than a concoction of the greeting-card industry to promote the sales of schmaltzy valentines. And as a holiday, its kind or a rip-off — if even the most perfectly executed Valentine’s Day gesture doesn’t excuse one from being romantic the rest of the year, then, really, what’s the point?
That said, I should point out that Elephants are known to be very partial to chocolate truffles.
Filed under: Energy, Environment, Global Warming, Junk Science, Movies, National Security, News of the Weird, Politics, Progressives, Science/Technology | Tags: A Glimpse of Today, Coming Catastrophe, From Back in 2008
This video appeared on “Good Morning America” back in 2008 — warning of the coming climate catastrophe — from which Barack Obama promised to save us. And here we are and how did those prognostications turn out? Yes. we warned you that they were a bunch of loonies, and so they were. Fun to look back and see just how wrong they were.
There is a cult of — future annihilation, the world ending badly, coming catastrophe that has increasingly become more prominent. I suspect it has much to do with the movies: zombie apocalypse, alien invasion, earthquake, fatal disease. If you forbade the movie industry from doing movies about future collapse, what would they make movies about? Possibly they’d have to tell real entertaining stories instead.
Filed under: Entertainment, Heartwarming, Music, United Kingdom | Tags: Farewell 2015, Happy New Year, Rotten Year