Friday, August 12, 2016

Long-Time Admirer Hints the Kind of Financial Education President Trump Plans to Offer Americans

by Nomad

An article in a magazine for the unashamed 1% by one of Donald Trump's avid supporters and long time pal claims that  Trump isn't merely a billionaire property developer. He is more than the Republican nominee, Trump is a teacher and he has lesson to teach all of America. 


For People Who Like to Dream of Being Rich

If the ads are anything to go by, the target audience for Jetset magazine is not the average Donald Trump voter. 
The median household income of a Trump voter so far in the primaries is about $72,000, based on estimates derived from exit polls and Census Bureau data. 

Not the kind of person who may be shopping around for a Tom George yacht ("Because you can.") an Island retreat in the Bahamas or a Magellan Jet. 
The pitch for one yacht maker aims at the snob appeal. "We Don't Need Everyone to Read This."
Outside of the ads, the articles include: 

The Beauty of Believing- Critical Factors in Business
OPM- (Other People's Money) The Power of Using Debt 

According to its mission statement, Jetset Magazine is "the definitive authority on connoisseurship for ultra-affluent consumers." It's safe to assume that JetSet is a magazine for the most pampered of the 1%. 
But perhaps I am wrong. 
It could just be a magazine for people who feverishly dream of becoming the pampered rich. 

Back in 2015, JetSet magazine had another article that caught my eye, It was entitled "Why America Needs Donald Trump." The article is full of glossy photos of Donald Trump. One shows the mogul seated at an empty walnut table abroad his private jet, looking decisive- or bored, or petulant. Who knows.

With the plentiful peppering of "we" and "I", the author of the article, Robert Kiyosaki, offers an insider's insight into the man named Trump. 
Only a person who has known Trump on a personal level, it seems, can explain this very complicated man. The author wants to share a few things, personal things, about Mr. Trump.

Uncontrolled or Out of Control?

But first of all, there's one thing you have to know.
Trump, says Kiyosaki, is for real. Really real.
Meaning, perhaps, that Trump isn't a cartoon. He isn't some kind of ugly, silly prank on American voters. That news might have come as a relief a year ago. 
Not so much anymore.
Today, the "reality" of Trump is much more worrying. At this point, it would be more comforting to think Trump was a cruel practical joker.

Saturday, August 6, 2016

Donald's Dust: Asbestos, the World Trade Center and The Dangerously Wrong Opinions of Trump

by Nomad

Trump's love for the cancer-causing material asbestos goes back for decades. Trump has boasted of its effectiveness and safety before the Senate. Tell that to the firefighters, cleanup crews, and first responders who were exposed to the 400 tons of asbestos that blanketed the streets of Manhattan on September 11. 



The Conspiracy Theory that Trump Doesn't Talk About

For a man who enjoys his conspiracy theories, Donald Trump seems pretty ignorant of some of the most interesting ones. One 9/11 conspiracy theory that made the rounds involved the suspicion of an inside job and billion dollar insurance fraud. 

For what it's worth, the theory runs something like this:
Six months prior to the attack, the WTC was privatized and, after drawn-out negotiations, finally leased to a private developer. On July 24, 2001, just six weeks before 911, that $3.2 billion bid by the Silverstein Group- made up of property developer Larry Silverstein and investors Lloyd Goldman and Joseph Cayre- was accepted.
A noteworthy milestone. It was the first time in the building's 31-year history that the complex had changed management, the first time it had been leased to a private entity.

According to the theory, the WTC wasn't exactly the prize catch that the developer had been lead to believe. on the other hand, the problem was not exactly a secret.
The Port Authority, according to some sources, considered the WTC a headache. The city had attempted on several occasions to get permits to demolish the Twin Towers but was turned down due the known asbestos problem.

The conspiracy theorists will tell you that
it was well-known the only reason the building was still standing until 9/11 was because it was too costly to disassemble the twin towers floor by floor since the Port Authority was prohibited legally from demolishing the buildings.
The owners of the towers were looking at a hefty bill ($200 million) for mandated "renovations and improvements, most of which related to removal and replacement of building materials declared to be health hazards in the years since the towers were built." 
We are talking primarily about asbestos. 
That figure for clean up would have reportedly represented an entire year's worth of revenue from the WTC.

Tuesday, August 2, 2016

Mr. Pence, We Need to Talk about Donald

by Nomad

Trump's VP Mike PenceFormer Indiana Governor Mike Pence probably thought it was an honor to be asked to be Trump's VP choice. It's turned out to be just the opposite.


From the moment he   said "yeah, sure" to the offer, Donald Trump' running mate, Mike Pence, has found himself in series of ridiculous situations. 

There's no question that Trump didn't really want a running mate. Sharing the limelight isn't one of Trump's attributes. Selecting a VP was a mere politically-correct formality. Nothing Trump took too seriously.

By agreeing to become Trump's running mate, surrendering his post as governor of Indiana, Pence effectively destroyed his own political career in the pursuit of illusionary higher power. 
Pence ought to have known better.
After all, Trump didn't suddenly become the egomaniacal monster he is at this moment. It took a lifetime.
Obviously, Mr. Pence. your ambition superseded your common sense, There will be a price to pay. That price will be your continual humiliation before the entire nation.