Friday, September 11, 2015

WSJ Hit Job on Donald Trump

Neocons are going crazy over the success of Donald Trump's presidential campaign. This, of course, includes Rupert Murdoch.

Which brings me to new hit job, at Murdoch-controlled WSJ, on Trump, written by Andy Kessler. Not that Trump doesn't need to be exposed, but all presidential candidates need to be exposed for the interventionist satirists that they are. Not on side topics, the way Kessler goes after Trump, so that one of their neocon-blessed candidates can step into the vacuum.

The Art of The Donald in 10 Easy Steps


On page five of Donald Trump’s 1987 book “Trump: The Art of the Deal,” he says: “Sometimes it pays to be a little wild.” Apparently people believed advice like that could make them rich—the book sold more than a million copies. But as The Donald climbs to dizzying heights in presidential polls, it’s a good time to take a look at the real—and decidedly non-wild—secrets of his success. Behold Trumponomics in 10 easy steps.

1. Be born rich. Mr. Trump’s father, Fred C. Trump, built a real-estate empire after World War II and in 1999 left an estimated $250 million estate. One of his success secrets was taking advantage of Federal Housing Administration financing to build cheap houses in Brooklyn and Queens. The golden government apple didn’t fall far from the tree.

2. Own politicians. In 1974 at age 28, Mr. Trump officially took over the family business, the Trump Organization. His father was a buddy of a guy named Abe Beame, who ended up mayor of New York in the mid-1970s. That proved good for the Trump bottom line.

In the 1980s Donald Trump bankrolled people campaigning for seats on the New York City Board of Estimate. Surprise: The board decided land-use matters. Mr. Trump is one of the top political donors in New York state, according to the New York Public Interest Research Group, and Democratic Gov. Andrew Cuomo, who received $64,000, is one happy recipient. Mr. Trump said in a July interview that “when you give, they do whatever the hell you want them to do. As a businessman, I need that.” As the saying goes, an honest politician is one who, when he is bought, will stay bought.

3. Get tax breaks. Mr. Trump’s first big real-estate win in the 1970s was converting New York’s old Commodore Hotel into a Grand Hyatt. His dad’s friend Mayor Beame kindly extended a 40-year tax abatement worth $60 million in its first decade. In 2011 Mr. Trump told the Los Angeles Times that someone had once asked him how he had finagled a 40-year abatement, and Mr. Trump said he replied: “Because I didn’t ask for 50.”

Trump Tower on Fifth Avenue has enjoyed a $164 million property-tax exemption good through next year.
Read the rest here.


1 comment:

  1. Great article on how Mr. Trump was able to work within the system to improve his position in life. I did notice that the writer tried to work in some sordid comments and make them seam like Mr. Trump said them. This let's me know the writer has an agenda to make Mr. Trump look bad but only shows the reader that this shady guy, Kessler, has no credibility..