The New York Times dropped another report on President Donald Trump’s tax returns on Monday night that not only exposed the extent to which Trump used his fame from “The Apprentice” to cultivate an image of a cunning businessman despite repeated financial failures, but also to boost shady multi-level marketing companies, including one allegedly involved in a pyramid scheme-like practices.
Not that we didn’t know, but he’s a simple conman.
Now everyone knows.
Trump is a multi-level marketing scam all on his own.
But about 40% or so don’t care.
Before the company went bankrupt, Trump reportedly made $2.6 million as he told potential clients that the Trump Network “wants to give millions of people renewed hope, and with an exciting plan to opt out of the recession” and convinced them to spend hundreds of dollars on starter kits to get their friends and family looped in.
So just another day at the office.
Will this story make nearly the difference the tax story made? How many of his minions would read this today (if they saw the story at all) and ask themselves how they missed out on such a great deal?
Assuming they can read?
Any word yet on who in Trump family is going to start buying Powerball tickets?
Those are the clients.
No wonder Trump and Betsy DeVos, of Amway millions, always saw eye to eye.
Sum up Trump’s life in two words …
Oh, I suspect they can read or know someone that can.
My point here, buried, is that (just like with the tax story on Fox News front page), will they even see it?
I don’t think this story has quite the gravitas of the tax story. Hell, we could say the same thing about Trump Steaks and Trump University. They know about this and it just further engrains the myth of his being a great businessman.
Appears to be heading towards something. It’s noting shady deals with Russkie folks, but also still saying no proof of Russkie funding back to him. Wonder how many parts they have to publish, this second chapter wasn’t nearly as entertaining.
Nor I. The $750 income tax is impossible not to understand.
The shading on Donnie’s interest in controlling information about himself through NDAs continues to darken.
Now we can put ‘impression management to further his scamming’ in the pot with his adventures in extortion with David Pecker and AMC.
I dunno…he’s more like a Ponzi scheme, minus the deceptive payouts.
ETA: I see @jinnj beat me to it…
Lot more in the NYT article. Chapter 2 isn’t as explosive, but it ultimately was looking very specifically at the money and debt question-- where’s all the money coming from, whether there’s some big mob payments in there.
Their conclusion, at least in this chapter, is that all of these shady licensing deals, along with his known loans, do add to explain current financials, but that he’s in a world of hurt when the bills are due.
I have mixed feelings about how people will feel. Some of them will know someone who lost money in one of the scams they hadn’t connected with trump. (My reaction was more along the lines of “$1 million? What kind of supposed billionaire goes out and shills infomercial crap for a measly million dollars?”
Actual story has worse examples. $100k for ringtones of him saying shit.
Wasn’t there some story a while back of someone testing how cheap he was — kept sending smaller and smaller checks to see if he’d cash 'em. Got so small it cost more to cash 'em than the check was worth but he kept sticking them in. Plus he went through the paperwork of some stupid little tax thing in NYC for a couple hundred bucks.