Sunday, October 7, 2018

It's the corruption, stupid

James Carville famously said while helping elect Clinton that that election had one basic theme - "It's the economy, stupid".  Meaning, their campaign should be focused on the economy.  They did.  Clinton won.


Today its a different campaign theme for the mid-terms coming in a month - "It's the corruption, stupid".  Meaning the Democrats should be focused on corruption of Trump and his administration. 


How corrupt is Trump?  His entire career has been a fraudulent con job.  We just recently learned that Trump's tax evasion and fraud go back to his earliest beginnings where he owes about $500,000,000 to the taxpayers, you and me.  This is not a trivial thing. Al Capone died in prison for tax evasion.   


“The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances. The Trumps paid a total of $52.2 million, or about 5 percent, tax records show.”


Perhaps an even deeper level of Trump corruption is around his money laundering.  Apparently, he was billions of dollars in debt due to his many bankruptcies and business failures and could no longer get loans from American banks.  So, what to do?  Enter Russian mafia and oligarchy. They use his real estate and casinos to launder billions.  Trump escapes ruin. He gets his stupid TV show.  He does what he does well - promote himself and his brand.  He becomes wealthy.  He becomes president.  But it is based upon fraud and crime. This is a lifetime of criminal activity.


What about his start in real estate?  Well, it was his father, not him. 


"Trump has admitted to getting only a $1 million start-up loan from his father, Fred Trump — mere peanuts, he said. Turns out there were hundreds of millions of those peanuts. According to the Times, his father bankrolled him to the tune of more than $413 million and provided crucial loan guarantees to rescue him from his corporate bankruptcies. The Times article makes clear that there was only one business genius in the Trump family, and his name was Fred."



As for the Trump Administration? the scandals go on forever - Ryan Zinke, Secretary of the Interior; David Shulkin, the secretary of Veterans Affairs; Scott Pruitt, Environmental Protection Agency; Tom Price, secretary of health and human services; Paul Manafort, Trump’s campaign chairman; Michael Flynn national security adviser; Michael Cohen, personal attorney.  I know there are more, but these are what come to mind now.


It's the corruption, stupid.