Friday, May 10, 2019

Roll Over F. Scott Fitzgerald — You Imaged Jay Gatsby Living A Fake Life Of Wealth on Long Island, But You Would Be Staggered At The Thought Of Someone Like Jay Gatsby In The Oval Office

The Krait (Gail Collins) virtually bites the HA (Horse's A$$) in the Oval Office one-thousand times in this wonderfully snarky essay about old (1985-1994) tax returns filed by the HA (Horse's A$$) in tRump Tower. The HA (Horse's A$$) in the Oval Office is putting up a fight to prevent public disclosure of his 2016 (and earlier) tax returns. The billionaire is actually a thousandaire. And a sleazy grifter who — when his lips are moving — cannot tell the truth. Nor can he operate a successful business, much less provide leadership of any worth in the economic life of the USA. If this is (fair & balanced) exposure of fraud, so be it.

PS; The source of this blog's noms de stylo serpent reference to the three women on the NY Fishwrap's Op-Ed staff began with this 2001 essay by The Cobra (Maureen Dowd) who's been joined by her distaff colleagues: The Krait (Gail Collins), and — most recently — The Viper (Michelle Goldberg)

[x NY Fishwrap]
Donald Trump, King Of The Losers
By The Krait (Gail Collins)


TagCrowd Cloud provides a visual summary of the following piece of writing

created at TagCrowd.com

Hard to believe, but it seems Donald Trump was an even worse businessman than we thought.

Thanks to Times reporters Russ Buettner and Susanne Craig, we’ve learned that Trump’s old tax records show that during his “Art of the Deal” era, he was pretty much the national champion for financial underachievers. In 1990 and 1991 he had losses of over $250 million a year — “more than double those of the nearest taxpayers in the IRS information for those years.”

Well, you can’t deny he was a record-breaker.

Trump likes to portray his old financial troubles as a temporary product of a recession. But even back then it was pretty apparent that he wasn’t really, truly all that great at deal-making. At the time, I called him a “financially embattled thousandaire [wealth only greater than one thousand dollars]” and he took great offense.

Try that yourselves, people. See how often you can refer to our president as “our world-famous thousandaire.” He seems to have more money now, but it’ll still drive him crazy.

Trump would like us to believe all that red ink was actually a canny business strategy. “You always wanted to show losses for tax purposes,” he tweeted after the Times report, adding that “it was sport.”

On behalf of the millions of Americans who filed their IRS returns last month, I want to say that it is always a treat to hear our president explain how only suckers pay taxes.

However, it’s becoming increasingly clear that even the cynical version of Donald Trump as a businessman — undisciplined self-promoter who bought and sold things just to convince himself he wasn’t a useless nothingburger living off his rich dad’s money — was maybe an overestimation.

Which can be sort of unnerving, given his current job. For instance, just before we got this new batch of information on his failure as an empire-builder, Trump met with Democratic leaders of Congress to discuss — a big, huge building plan.

Infrastructure! In theory, this is the one thing in Washington everybody likes. When Trump was campaigning, he promised a big, exciting $1 trillion agenda for what he would later describe as “gleaming new roads, bridges, railways and waterways.”

Actually what we need most is road repair. Filling potholes is all well and good, but it doesn’t come under the category of “gleaming.”

After he was elected, Trump never went so far as to say “all that stuff I talked about is actually boring.” But when Infrastructure Week rolled round and he was dispatched to Ohio for a speech about waterways, he veered off into an attack on the Democrats for being “obstructionists” on health care. Meanwhile, the James Comey crisis was unreeling in Washington. The whole thing was sort of a disaster.

In 2018, the president promised “the biggest and boldest infrastructure investment in American history,” to be paid for by, um, persons other than himself. Mostly state and local governments, and tolls on drivers and truck transport. Nothing happened.

When the nation’s builders were once again celebrating Infrastructure Week, press secretary Sarah Huckabee Sanders was asked if the administration planned to submit a bill.

“Ever?” she responded.

And thus it went until last week, when Trump sat down with Nancy Pelosi and Chuck Schumer to discuss a possible plan. Infrastructure was back! And to everybody else’s surprise, the president upped the ante to $2 trillion. Twice what he talked about when he was campaigning and making up promises all over the place.

We’ve yet to find out which Donald Trump was negotiating with the Democratic leaders. Once in a while a Good Donald spirit takes over the president and he suddenly announces he’s going for real immigration law reform, or serious gun control legislation o....Doesn’t really matter. Experience suggests the Good Donald doesn’t last more than a couple of days. The one who wanted to help those DACA Dreamers wound up shutting down the government over a border wall.

Still, a big-ticket infrastructure program doesn’t require a profile in courage or even a plan. It’s the political equivalent of a litter of puppies, only larger and more expensive.

Except you’d need a real government to carry it out, with smart, disciplined oversight. Otherwise the money would get wasted on pork-barrel projects and endless consulting contracts that turned into extremely expensive plans to nowhere.

Sort of like one big Trump Shuttle.

Lately, there’s been no talk on the presidential side about how to pay for it — that’s coming, ha-ha, later. The Democrats have suggested raising the gas tax or cutting back on those tax cuts for the wealthy. Mitch McConnell has made it clear he won’t let anybody mess with those tax cuts, which will cost the government about $2.3 trillion in revenues over the next decade. Add that to the new $2 trillion in infrastructure spending, you’d have — a bunch of money, right?

Trump seems unworried. “Nobody knows debt better than me,” he said during the campaign. And on this point, I dare say we can all admit he was right. Frisky little thousandaire. #Sort of like one big Trump Shuttle.

Lately, there’s been no talk on the presidential side about how to pay for it — that’s coming, ha-ha, later. The Democrats have suggested raising the gas tax or cutting back on those tax cuts for the wealthy. Mitch McConnell has made it clear he won’t let anybody mess with those tax cuts, which will cost the government about $2.3 trillion in revenues over the next decade. Add that to the new $2 trillion in infrastructure spending, you’d have — a bunch of money, right?

Trump seems unworried. “Nobody knows debt better than me,” he said during the campaign. And on this point, I dare say we can all admit he was right. Frisky little thousandaire.Sort of like one big Trump Shuttle.

Lately, there’s been no talk on the presidential side about how to pay for it — that’s coming, ha-ha, later. The Democrats have suggested raising the gas tax or cutting back on those tax cuts for the wealthy. Mitch McConnell has made it clear he won’t let anybody mess with those tax cuts, which will cost the government about $2.3 trillion in revenues over the next decade. Add that to the new $2 trillion in infrastructure spending, you’d have — a bunch of money, right?

Trump seems unworried. “Nobody knows debt better than me,” he said during the campaign. And on this point, I dare say we can all admit he was right. Frisky little thousandaire. ###

[Gail Collins joined the New York Times in 1995 as a member of the editorial board and later as an op-ed columnist. In 2001 she became the first woman ever appointed editor of the Times editorial page. At the beginning of 2007, she took a leave in order to complete America's Women: 400 Years of Dolls, Drudges, Helpmates and Heroines. Collins returned to the Times as a columnist in July 2007. She received a BA (journalism) from Marquette University (WI) and an MA (government) from the University of Massachusetts at Amherst. Gail Collins’s newest book is As Texas Goes...: How the Lone Star State Hijacked the American Agenda (2012).]

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