Trump is more than a "Capitalist." He's a "State Capitalist"

[KansDem]

From DemocracyNow!

"A Classic State Capitalist": How Donald Trump Profited from Public Subsidies & Political Favors

"It’s not been easy for me. It has not been easy for me. I started off in Brooklyn. My father gave me a small loan of a million dollars." Those were the words of presumptive Republican nominee Donald Trump during a town hall event last year in New Hampshire. Today we look back at Trump’s rise to power and how he profited from his father’s deep pocketbook and political connections. Decades before Donald Trump became a household name, his father Fred Trump emerged as one of New York’s most prolific real estate developers, building more than 27,000 homes in Brooklyn and Queens. In 1927, Fred Trump made the news when he was arrested at a Ku Klux Klan riot in Queens. We speak to Wayne Barrett, considered the preeminent journalist on Donald Trump. As a reporter at The Village Voice, Barrett began reporting on Donald Trump in the late 1970s. Barrett’s 1991 biography of Trump was just republished as an ebook with the title of "Trump: The Greatest Show on Earth: The Deals, the Downfall, the Reinvention."

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DemocracyNow!

[Mc Mike]

1. Thanks for posting this. The title "State Capitalist" is an attention grabber.

He's the moocher, the taker, the lazy do nothing that gets our tax dollars. He's like the new capitalists in Russia and China. And he loves those countries' leaders, as well as Saddam and the North Korean dictator.

One really good part of the story:

"WAYNE BARRETT: —you know, which clearly say he was involved with the Ku Klux Klan. What I did write about in the book and what I actually wrote about at the Voice in the '70s was the race discrimination case that Richard Nixon's Justice Department brought against Fred and Donald Trump for racially excluding blacks and Latinos in a systematic way, with a color-coded system where if a black came in seeking an apartment, they got a certain color folder, where if a Latino came in, they got a different color folder, of where the application was put—the easiest way to exclude people. And, you know, the federal government established that during the course of protracted hearings. And ultimately, Fred and Donald settled the case.

And Donald does an affidavit in the case in which he claimed that he didn’t have anything to do with the actual rentals personally, actual rentals of the apartment. But I found, and wrote it in the Voice and then examined it a little bit more in the book, that he was simultaneously seeking a real estate broker’s license in New York state and that he had to file sworn statements. And then, in his sworn statements, he claimed he was in charge of all the rentals of the apartments. So, there was a sworn statement saying, from him, "I don’t have anything to do with it," and almost simultaneously a sworn statement saying, "I run it." You know, so the racial discrimination pattern at Fred Trump developments was really quite extraordinary. "

http://www.democracynow.org/2016/6/30/a_classic_state_capitalist_how_donald


One of the two affidavits is a lying under oath felony. He's a felon, he's a lying perjurer, even ignoring the blatant racist illegalities he was engaging in, it's demonstrable. Somehow no political hay can be made out of that fact. Who knows, statute of limitations may apply for one or both of his sworn statements. But he and his party are currently engaged in making hay out of their failed impeachment effort's complaint that 'Bill Clinton lied under oath.'

His candidacy, his business genius track record, his followers' values and knowledge, all have some kind of uncertainty principle Shroedinger's cat dual phase style of 'existence'.