Wednesday, May 08, 2019


It won't matter to the people who voted for him, but The New York Times has established that Donald Trump was a loser at the alleged height of his real estate career:
By the time his master-of-the-universe memoir “Trump: The Art of the Deal” hit bookstores in 1987, Donald J. Trump was already in deep financial distress, losing tens of millions of dollars on troubled business deals, according to previously unrevealed figures from his federal income tax returns....

The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.

In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.
The trending hashtag on Twitter as I write this is #BillionDollarLoser, which reminds me of a song:

This is a little rough:
Billion dollar loser
Bought myself an airline, bought a few casinos
Couldn't make a dollar, make a dollar on them, baby.

Billion dollar loser
Whiny little man-child, broke-ass little pauper
Spending Daddy's money so I still look like a winner

I go bluffing daily in the gossip columns
They still think I'm rich as sin
They just can't imagine how much I am failing
They think all I do is win

Million dollar loser
Billion dollar loser
Trillion dollar loser
Zillion dollar loser
Zandar is right, alas:

Already Fox is assuring the faithful that this was all according to plan:
Guest-hosting The Story with Martha MacCallum on Tuesday night, Fox News correspondent Ed Henry interrupted a segment with Fox News contributor and conservative columnist Marc Thiessen to break the news. Highlighting the key points of the report, such as the massive business losses and Trump not paying income taxes for eight of ten years, Henry tossed to Thiessen for his take....

“I always thought that the reason why Donald Trump doesn’t want his taxes released is nothing to do with any corruption or illegality,” he stated. “It’s because they are going to show he is not as rich as he says he is. Because when you do your taxes, your incentive is to minimize your income as much as possible to pay the least amount of taxes.”
Nevertheless, I think there should be a huge DONALD TRUMP: LOSER billboard in every major city in America, with details from the Times report. Those billboards should stay up until November 2020. (If anyone wants to crowdfund such an effort, I'll happily pitch in.) If it happens, he'll be completely distracted. He won't be able to stop complaining about it.

And we need a new word:

Let's get it into the language in reference to Trump: faillionaire.

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