With women already serving as CEOs of some of our nation’s largest corporations, e.g., IBM and HP, and soon to be serving as CEO of the federal government, one might argue that the era of white male privilege is behind us. But on the other hand, Donald Trump seems to be getting a lot of press. Aside from the fact that he is a white guy, why would Americans care to hear about what he is doing/saying?
Trump is pretty rich, of course, but he would probably have been richer if he had taken the money he got from his successful dad and parked it in an S&P 500 index fund (analysis). And he has used the U.S. bankruptcy court system to skip out on paying back creditors four times (Forbes). We scold the Greeks for not paying their debts but we celebrate Trump despite his abuse of bondholders. We look for business tips from a guy who could have been richer by staying home, smoking dope, watching TV, and playing Xbox. Does Trump’s success prove the wisdom of the movie Being There?
Louise (the former housekeeper, watching Chance on television): It’s for sure a white man’s world in America. Look here: I raised that boy since he was the size of a piss-ant. And I’ll say right now, he never learned to read and write. No, sir. Had no brains at all. Was stuffed with rice pudding between th’ ears. Shortchanged by the Lord, and dumb as a jackass. Look at him now! Yes, sir, all you’ve gotta be is white in America, to get whatever you want. Gobbledy-gook!
Guide to estimating the fraud factor in whatever you hear about Trump:
- article from 2011 about how Donald Trump supposedly paid $ 100 million for a 20-year-old Boeing 757 (FAA registration; formerly belonged to Paul Allen)
- article from 2011 on how Fedex was buying 20-year-old 757s for $ 10 million
- article from 2014 on how you could buy “a used 757 already converted to VIP configuration … for as little as $ 20 million” or build one up with a fresh/custom interior for $ 28-35 million
[Separately, maybe Trump’s four bankruptcies support the idea that Greece shouldn’t keep begging for bailouts from the IMF and Europe. Stiff the fools who lent the cash, but keep the fun stuff that the cash paid for!]
Finally, could it be that Americans love watching Trump parade on TV because they say “That’s exactly what I would do if I had a rich dad”?