I must be going blind. This is not a literal statement, but in a figurative sense, there is no question that my vision has taken a bad turn somewhere. I cannot see why anyone in their right mind or with corrected vision would ever consider Donald J. Trump to be Presidential. Custodial perhaps, but Presidential? It’s not difficult to see why many Americans believe Trump to be a Messiah of some ilk. He boasts; he brags; he puts forth plans that, on the surface, appeal to those with little or no knowledge of how the plans would actually work. He’s a showman; a carnie man, a television personality, a failed businessman who bends the truth to meet his personal requirements.
Trump states that he inherited one million dollars from his family. History shows and Forbes Magazine confirms that the amount was closer to $40 million. With that money, he has amassed an enormous net worth of, according to him, $10 billion. Again, going back to Forbes, that net worth is closer to $4.7 billion. It’s still a lot of money but how it’s been garnered is open to question. In the 1980s, when Trump Plaza was being constructed, a sub-contract when to S&A Concrete, a company partially owned by the mafia. “Trump World Tower, supported by the Quadrozzi Concrete Company, is also tangentially related to La Cosa Nostra. The head of the company, John Quadrozzi Sr., was tied to the Lucchese crime family and indicted for making illegal payoffs to the mob in 1992.”1 The list goes on and on about Trump’s nefarious dealings with the mob. If one of the qualities of a President is assumed to be “A person of strong character,” Trump fails to meet the standard.
Let’s take a moment to look at some of Trump’s business failures: The Eastern Airlines Shuttle from Boston to New York and Washington ran for 27 years. Many was the time that I would hop a 6:30 am shuttle to head to either destination. It was a great convenience (plus free parking). In 1988, Trump purchased the service for a reported $365 million. He improved the look of the service by adding maple-wood veneer to the floors, chrome-plated seat belt clasps and gold bathroom fixtures. It didn’t work and the Trump Shuttle never turned a profit. The high debt accrued forced Trump to default on his loans, and the shuttle ceased to exist in 1992. In 2006, Trump introduced Trump Vodka, designed to compete with Grey Goose. If you happen to own a bottle of Trump’s vodka, hold onto it because it’s highly doubtful you’ll find it on liquor store shelves today…but you will find Grey Goose.
Claire Sudduth of Time Magazine noted in an article about Trump’s bankruptcies, “”I don’t like the B word,” Donald Trump said in 2010 while testifying in a New Jersey bankruptcy courtroom about his gambling company, Trump Entertainment Resorts Inc., which had filed for bankruptcy for the third time. Given the number of times Trump has flirted with bankruptcy, you’d think he’d be used to that word by now.
“In 1990, the banking institutions that backed his real estate investments had to bail him out with a $65 million “rescue package” that contained new loans and credit. But it wasn’t enough, and nine months later the famous developer was nearly $4 billion in debt. He didn’t declare personal bankruptcy, although his famous Taj Mahal casino in Atlantic City, N.J., did have to file for it Trump’s economic troubles continued through the early ’90s, while he was personally leveraged to nearly $1 billion. In 2004, Trump Hotels & Casino Resorts also filed for bankruptcy. The company was only a small portion of Trump’s real estate empire, but he did still have to personally cough up $72 million to keep it afloat. In 2009, the same company filed for bankruptcy again. Yet during all of this, no one ever told Trump, “You’re fired!” Probably because no one could.2 In case you weren’t counting, Trump has gone bankrupt four times. He later claimed that those were not his failures as a businessman but strategic decisions to help him make more money. In other words, he manipulated the system for personal gain. Gee, isn’t Bernie Madoff doing time for that, along with several other sleazebags?
Much more could be said about Mr. Trump and his potential candidacy for President of the United States. In truth, he’s a bully, a bigot, a racist, a sexist, a liar, and perhaps the worst individual ever to be considered for the highest office in the land. I never cared much for Mitt Romney when he was Governor of the Commonwealth of Massachusetts, but you can bet your boots that should he run as a third party candidate, I will be checking his name off in the voting booth.
- Politifact…a division of the Tampa Bay Times
- Claire Sudduth, Time Magazine, April 29, 2011