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Robert Manz's avatar

As a Philadelphia native whose grandparents had a summer house in Atlantic City and whose father had a colleague financial analyst who was destroyed for publishing that the casino bonds would fail, I can say that Trump’s impulsive stupidity is fueled by the knowledge that he holds the trump card - nukes. He knows he cannot fail. HE MUST BE STOPPED.

Nancy Karam's avatar

I, too, was from Philadelphia and New Jersey and had loads of information from back in the early 80's about all the contractors he stiffed and the little old lady who did not want to give up her home, where she was born and wanted to die in. He had the casino built around her house, closing her in on 3 sides, with the front entry facing a street flowing with lots of casino traffic. Nice guy, huh? He bankrupted every casino he built. What a great business man! He needs to be put out to pasture before he can tear down any more of our great country!!!!!

Alyn Harrison's avatar

You mean the glue factory?

DW's avatar

As a former native New Yorker (50 years), I can say that he has been despised for as long as I can remember.

I have a cousin who grew up around the corner from him and even as a teenager he had a reputation – not a good one.

Robot Bender's avatar

Not really. There are several countries being damaged economically that also have nukes.

David Betts's avatar

Add to that, trump has put us between willing sellers (Iran) and buyers (EU). The buyers have valid and escalating dire reasons for taking action against trump's piracy. An economic disaster cannot be imposed upon others without eventual consequences.

Robert Manz's avatar

You know that. Not sure he does. He just thinks he has a better hand than Iran.

Marci Lait's avatar

Title is obvious. Sums up as one more unforced error. Seems like we ought to be getting pretty close to the bottom of the ninth… but we’re only in the second quarter looking at the possibility of 2 SCOTUS picks😵‍💫🤯

john A ferguson's avatar

Robert,I realize it might be a bit off-topic, but could you provide a little more information on the casino bond issue?

Tim Matchette's avatar

Get the book, Lucky Loser written by Russ Buettner and Susanne Craig. NYT Investigative reporters. They detail his casino failings. Great book.

Robert Manz's avatar

here's a good reference. search further if you want on Marvin Roffman https://www.npr.org/2016/10/10/497087643/the-analyst-who-gambled-and-took-on-trump. As as far as the whole bankruptcy is concerned, I just suggest searches. I don't have anything special on that.

Simply Susan's avatar

Thanks, Robert. It's well worth following your link to the Roffman story. It's vintage and current Trump — nothing's changed, only worsened.

At the end, I was aghast to read about "when he talks about Trump today." Still shaking my head.

Marcus's avatar

A Director of our bank asked us to look at refinancing the original bank group that financed Trump's Atlantic City fiasco. The reason a Director had to ask us was that the Trump Org (w/Fred and Don) was already on our Do Not Bank list. My colleague, George, took the lead on analyzing the deal, and I did the "due diligence" credit work. We discovered a nightmare and suffered through the most comically terrible cash flow presentation by the Trump Org. We were the largest global bank at that time, and we formally turned down the loan request. George received a phone call from a Trump "fixer" lawyer who threatened to sue him, the bank, his family, his pets, and his unborn children. After that call, we went to the Chairman's office and told him of the call and warned him that this had become a "Chairman loan", and he should expect a call from these deadbeats. He did, and as the story goes, he offered Don 4 choices. We maintained 4 elite corporate law firms on retainer. @ in NYC, 1 in DC, and 1 in Seattle.

Our chairman made Don choose which firm would represent us to counter their legal threat against the bank. He chose the Seattle firm, which was our go-to litigator, and they got the case dismissed and successfully collected legal fees. The name of the law firm was Perkins Coie, and it looks like "3-card Monty Donny", our nickname for the idiot, never forgot or let it go. There would not be one person from that era who would have ever imagined that piece of ignorant and pornographic filth would become President of what used to be an exceptional country.

Surely, there is a book written about the whole Trump/Atlantic City debacle.

Theresa Palmer's avatar

This is fascinating history! Thanks for posting. I read David Enrich for financial history of trump and his special friend, Deutsche Bank. Enrich's book "Dark Towers" has it all.

Marcus's avatar

Deutsche Bank (DB) holds the cards. As is common, you often talk with your industry friends and rivals. For those that don't know, DB is a German bank, and in those days it had a booming business banking Russians who unexpectedly became quite rich. We had close friends who worked at DB. They told the story of a private banker at DB who devised a plan to lend money to some Russians, who in turn would advance the loan proceeds to a US citizen who would use the money to buy expensive US real estate and then resell the property to them to launder their money. Who was the American dupe? Yes, our President! Btw, this model became a common model of money laundering used by Latin Americans. Where did they love to buy and sell properties to help their criminal deals? Florida.

There are a ton of these stories from those days. Here's teaser, A Colombian friend of mine called me after the 2000 election. He said, "Marcus, do not ever scold me that we Latinos are corrupt, after your Presidential election was decided by Supreme Court interference to stop the vote count in a state that is governed by the brother of the winning candidate."

Simply Susan's avatar

😳 Thanks for this reply, Marcus.! Fascinating.

Asking myself why I'm so often shocked to hear of Trump's unethical and even criminal shenanigans, but I am.

john A ferguson's avatar

And yet Rothmann voted for Trump. He didn't look like a guy who hated Democrats enough to ignore Trump's obvious shortcomings. The guys I know who continue to vote for Trump acknowledge his problmes, and don't like him either, but they HATE Democrats. I just can't see what weve done to warrant the hatred. But it needs to be addressed if we want to prevail this fall.

Ivan Tufaart's avatar

Unrealistic demands about Iran’s nuclear program with “no face-saving for the Iranian side” inevitably failed.

I know someone who used to be an attorney and as such did a lot of negotiating. She made the very astute observation that when people believe their ego-- their "face"-- is on the line they will act and negotiate against even their own interests in order to "save face". That's why good negotiators are careful to consider the ego of their opponent and always make sure they get at least a "fig leaf" or ideally some concessions that will let them save face.

Of course, Don the Con knows as much about negotiating as he knows about quantum physics.

Granny Kate's avatar

I taught my daughter to always allow the other person a gracious exit from conflicts when she clearly held the upper hand. It has served her well in resolving issues in her highly successful career

Robot Bender's avatar

Never corner anyone unless you intend to. If you do decide to corner someone, be very careful.

Michelle Jordan's avatar

Witkoff, Vance, and Kushner are the stupidest people that could have been sent to Iran. JD Vance barely had 2 years as a senator before the veep so that was boneheaded in the first place to send him just as it was to send him to Hungary. MAGA has become Morons Are Governing America.

patricia's avatar

but why are morons govrng america ? because americans have become morons....why ? do we have too much food, too much freedom, or just too much and no ability to appreciate it ?

Signe K.'s avatar

The problem is multi-fold. Some of us took our good leadership for granted, believing it would always persist (such as the rule of law and other endangered species). Others on the far right saw an opportunity to sell their brand of greed, racism, xenophobia, and corruption to the dissatisfied and ignorant masses.

Bobbette Strauss's avatar

Education education education! MAGA people maybe need to reconsider their lack of it? I grew up in catholic school and although I ultimately rejected it because those nuns told me my parents were going to hell because they had remarried after divorces, they did teach me that the world is a complex place & required complex understanding of All the complexities.

patricia's avatar

I too was "guided" by nuns...I was able to break free, helped by the altar boy problem the Catholic church has ! I did get a good education though.

Jason Merchey's avatar

What a time we are living in! The world's most irrepressible, demented, megalomaniacal man coming up against one of the most awful regimes in the modern era. While getting help from or taking advice from a regime that is clearly hell-bent on genocide and utter domination of its neighbors (Israel). This is a terrible situation the GOP has placed us all in.

I don't know if "a minor loss in the midterm elections" is enough recompense for everything.

I say "minor" because I presume the "major" loss will be pared down to a minor one due to one or more of five types of cheating and rigging the Brennan Center recently outlined that Trump is currently perpetrating, or planning to on election day.

These are tough times to be an American.

Ann Dixon's avatar

The wins must be huge and less likely to be challenged. Every one of us should work hard now towards those outcomes.

Signe K.'s avatar

Elections must be like those in Hungary: Indisputable LANDSLIDES.

Jason Merchey's avatar

I hear ya. That's an IF the wins can be made to be huge. Like if I tie your legs together and we race, your win will not be huge. See what I mean?

Ann Dixon's avatar

I hear ya. Our lawyers are vigilant and are doing huge planning. What we can do: phone bank, register Dems, donate early to races and state parties where it makes a difference, make sure everyone registered votes, write postcards, join your local Indivisible, and more. Can’t just wring our hands. I subscribe to Simon Rosenberg at Hopium Chronicles on Substack because that community has lots of actionable ideas, and Simon suggests where to donate for the most bang for the buck.

patricia's avatar

it's hard for us because it has always great to be an american !! oh yeah, except if you were Chinese, Native, brown, black, etc.

Robot Bender's avatar

Those of us who were raised or have lived outside the US know better. Seeing things from the outside is valuable.

patricia's avatar

americans have always thought we are "it" believing our own press if you will. when I was about 21 travelled to Montreal and Quebec...loved it but was SHOCKED...no trash anywhere !!! americans have a bad habit of throwing trash on the streets,byways, and medians. something wrong there !

William Hartman's avatar

Trump first tells us he's going to war to open the Straits of Hormuz (which had never been closed before), then he suggests that the U.S. will partner with Iran to keep it open (the country we're trying to bomb back to the stone age), then he blockades it (thus shutting down 20% of the world's energy source and possibly putting the entire world in a recession). All in the space of about two weeks.

If this isn't crazy, I don't know what is. 25th amendment or impeachment, please (smart move Democrats, for a change, to force GOP legislators into publicly having to choose between sanity and insanity, although I think I know how I'd bet my fortune on what their choice will be).

Stephen Brady's avatar

The one thing you can count on is that tRump will always choose the most unworkable solution to any problem... just exactly what you would expect from a real live moron. Back in tRump I a post I read on a blog I follow, by someone who had reason to know about it, said that The Donald's father would scream at him when he had pulled some particularly boneheaded stunt - "Donald, you moron"! Not much has changed. When this strangling of The Strait of Hormuz becomes particularly painful to the rest of the world, they will get together and put a world-wide embargo on us. We are not done paying for his idiotic mistakes.

Steve 218's avatar

Rex Tillerson, Secretary of State during Trump I called Trump a "f*****g moron" as he was leaving a staff meeting. That word keeps cropping up, and not for no reason.

Stephen Brady's avatar

tRump has all of the intellectual skills of a dull 9 year old.

Steve 218's avatar

You might be giving him too much credit.

Pam Birkenfeld's avatar

Read Heather Delaney and Shankar Narayan. It's going to get even worse than this stupidity. 50,000 more troops heading there. And 42% increase in military budget! And asking US auto makers to re-tool for producing arms not cars, as in WWII. The Republicans are not scared, they truly believe they will rig the election and be safe in their status. May 1, convince them otherwise.

Bob Egbert's avatar

This is only a "blunder" if it causes the WH Toddler personal pain. He doesn't care at all about the affect of his actions on others. Personal pleasure and more money for himself. Those are absolutely the only things that have ever motivated him. To stop him someone must cause him serious pain. Nothing else will work.

Nancy's avatar

Maybe the Saudis will stop bribing DJT and his son-in-law with money and gifts since the stupid blockade and war are hurting them (Saudis). I read once that they want their plane back, but I haven't heard anything else about that. But while the Middle East thought DJT and family would bring them tourists and more wealth, the opposite is happening. Too bad for them! I hope some day, too bad for the Morons (who) Are Governing America.

Bob Egbert's avatar

You're right. Only those who have the power to deny him the two things he craves (praise & money) can alter his behavior.

K Eck's avatar

Reports are that the Saudis are considering cutting their LIV golf funding. That might get the attention of djt whose golf courses host many of their events...

Steven Branch's avatar

This is what insanity looks like.

Nancy's avatar

Yes, and in our protests, we chant "This is what Democracy looks like!" Polar opposites....

Steven Branch's avatar

Yes, yes, yes!!! That's where I got the idea.

Randi Hacker's avatar

This is not really about the war-not-war with Iran, but it is about Trump's refusal to admit error or to apologize. I'm thinking of Sonia Sotomayor. Why did she have to apologize for personal criticism of Kavanagh when Trump is able to personally criticize, well, everyone, including the Pope, and never once admit error, make an apology or truly be held accountable?

Steve 218's avatar

As reported in The Guardian, there is an unwritten rule in the supreme court that justices may disagree and argue on points of the law, but not bring their family members into the fray. She did, and apologized for doing so.

Randi Hacker's avatar

In Trump's regime, there are no rules, and so I'm not sure why rules have to apply to anyone else. That's my point really.

Steve 218's avatar

I was only attempting to clarify a point on the supreme court. Trump believes in law and order - he makes the law, and we are to follow his orders. At least that's the way he wants to have it.

Bobbette Strauss's avatar

She didn’t HAVE to apologize, she did so because she’s a bigger person than tRump will ever be.

Randi Hacker's avatar

I absolutely agree. I guess to be clearer, this kind of thing just points out the vast chasm between the morality of someone like Sotomayor and the rest of the corrupt and criminal faction now in power in this country.

PS I feel the same way about Al Franken's resignation and even about Sewell: They both left due to allegations that besmirched their integrity while the groper-in-chief remains in the White House.

Nancy's avatar

I read about her apology, the writer calling it appropriate looking forward. Did the writer or the judge herself think that if there were bad blood between them that K would vote against her for spite? I don't understand how it could have been a strategic move.

Randi Hacker's avatar

It's hard to understand most of what's going on these days.

Anne Pierce's avatar

The blockade (that Trump instituted in retaliation for Iran's blockade?) does not only raise gasoline prices in wealthy countries. It is straining fertilizer supplies at planting time in the Northern Hemisphere, diesel fuel supplies for transporting goods, and kerosene/jet fuel supplies for cooking and aviation. If Trump were trying to crash the world economy, this is what he would do.

Carol Lama's avatar

So, true, Anne. The demented Felon doesn't think at all either domestically or globally. We live in a rural agricultural area in New York and the family dairy farms have been eking out a living for years even in the best of times. Now? Because of the Felon's ignorance and monumental ego, many of these family farms will go under, unable to pay for fuel for their necessary machinery or afford fertilizer for their fields. Without farms and farmers, there will be no food. But, of course, the Felon hasn't thought of that either. [Neither has he considered the price paid by the animals. Only mega-farms where the cows are treated like unfeeling cogs in huge machines will (perhaps) survive.] Debts in every sector of our lives and the government's keep mounting. Where is the government "finding" all the trillions of dollars that the "blunders" of the First Idiot will cost us and the generations to come? And why aren't the equally ignorant and uncaring MAGA (once-upon-a-time Republican) senators and reps doing anything about this????? The bazillion dollar question...

Nancy's avatar

My thought exactly! As I read Anne's piece, I wondered how the entire R party in Congress could support all of this. We read that it's fear. Maybe. We read that it's greed and grift for all they are gaining, including keeping cushy jobs with lots of time off and no accountability. Maybe all of that.

Steve 218's avatar

We can only hope that the voters get tired of being lied to, not having their interests served and promises broken for long enough that they will vote these hypocrites out of office. It seems to be our only weapon at this point.

Jay Jay Eh's avatar

GOP are ‘retiring’ at the highest rate ever seen.

Retiring or running away, considering the results about to be experienced?

patricia's avatar

I think upstate NY is trump country

patricia's avatar

are they able to figure out that trump did this to them ?

Steve 218's avatar

Oh, like he "crashed" six businesses? The man is running true to form.

CE's avatar

Because Trump is lazy and arrogant, ignorant and impulsive, he fails utterly to understand how a people could be willing to die for their country and their civilization. He thinks that our soldiers are suckers and losers, he believes the same of Iran. His ego is not congruent with compromise and negotiation. He would do well to study history, and to look at Napoleon’s “excursion” to Moscow.

And our Congress failed again to put the brakes on Crazy Don’s Excellent adventure……the will of the people is being ignored in the service of a tyrant .Maybe a historic turnout for the May 1 general strike will reorganize their priorities…..

Steve 218's avatar

It won't reorganize their priorities, but there's still no reason why we shouldn't do it anyway. Public opinion does eventually have an effect.

Carole Langston's avatar

When toddlers fall to the floor kicking and screaming to get their way, they finally succumb to exhaustion.

"What's holding him up?" White Heat 1949. 💰 🤑 💸 💲 🪙 💶

Constance Story's avatar

The fact that half of America thought a profoundly stupid man portraying a business man on a fake TV show was real says a lot about our collective stupidity as a nation. Guess the Republican's 40 plus year war on "elites" and the educated finally paid off.

Steve 218's avatar

The Republicans have been on the attack on public education for a long time. We are reaping that "reward" now. Expanding courses on Civics & Government and history would be necessary to combat this sphere of ignorance.

Angie's avatar

He's so dangerously stupid.

Wade Baynham's avatar

Exactly, thank you, Jen.