Are there, I wonder, enough eggs in the world to meet the facial demands of pollsters, pundits and other experts?
And then there’s this. Rumor has it that not a single big U.S. bank will lend Trump money. Yet I’ve seen it reliably reported that his business complex includes a borrowing vehicle, with collateral in the form of a pool of his various real-estate and other partnership interests, to which the big banks have happily made loans. And while we’re on the subject of earlier Trump debt, some of which he defaulted on and most of which he renegotiated, the way the media has presented it, you’d think he somehow borrowed money that nobody loaned him – which leaves open the possibility that had some kind of Aladdin lamp of finance. And yet my own experience – forty years working in and writing about corporate finance – suggests that for every reckless borrower there’s a foolish lender. Strange indeed the workings of the money gods.
The whole Trump-IRS tangle is also a puzzlement. Take this swap of partnership equity for stock interests in bankrupt or defaulting ventures that his accountants raised a giant red flag about, which he ignored. How come the IRS never flagged it? Surely this couldn’t have been the first time someone slithered through this sliver of a tax-code open door. Possibly someone known to the Clintons (this was 1995, remember) or with a due bill out on them?
As I write this, I’m listening to Brian Lehrer’s show on WNYC, and am about to puke. The whining, the wonkish lamentations, the inverted inside-out racism and sexism, the bullshit about the “legacy” of Obama. What legacy? Obamacare? Take a look at my wife’s health insurance premiums. I gave up on Obama (for whom I voted with a full heart in 2008, and wept with optimism at his Grant Park speech) six weeks after his election with the Summers-Geithner appointments (see my novel FIXERS) and for good and all following his wishy-washy inaugural address (which confirmed the unspeakable Mitch McConnell’s perception that was a mirror-fixated guy who could be had.) I think a good case can be made that Obama has turned out to be the same kind of Potemkin TV character as Trump is accused of being.
I urge those who are keening and rending garments over the election to read Joseph Lelyveld’s brilliant His Final Battle: The last months of FDR simply for information how ill-prepared to be president was Truman, and how scorned he was by the “smart” set.
I had a feeling that for students of American assholism FaceBook today would be paradise enow. And so it has proved. The pious, the pompous, the blatherskite, varieties of Heep and Pecksniff that even Dickens couldn’t conjure, all parading their sanctimonious wares, vying with one another to display how brave, correct and yet sensitive are their political sensibilities. You people don’t seem to realize: you’re the ones who got this guy elected.
People seem confused and upset by the number of women – white women mostly, I gather – who voted for DJT. I wonder how many of those are working at Wal-Mart, or doing otherwise menial, low-paid work, because the man in the family’s job went to Mexico or into an algorithm?