Timothy O’Brien wrote a book about the life of Donald Trump, and he came to understand Trump’s financial success. It was all premised on leveraging Other People’s Money. People like you and me doubt understand how this works. We do our job, we get paid, we pay our bills. Trump has found another way. Let O’Brien explain it.

Categories Education Reform

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concerned citizen says:

October 2, 2016 at 9:08 am

Ivanka Trump on Donald’s debt, from the 2003 documentary Born Rich.

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Akademos says:

October 2, 2016 at 10:11 am

Did Trump really imitate Hillary’s buckling at the 9/11 memorial?

Did he really imitate a journalist’s disability?

Is he in middle school?

Does he have a bad nanny?

Running FROM presidency?

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- dianeravitch says:
  
  October 2, 2016 at 10:13 am
  
  Trump thinks it’s funny to belittle and demean others. If he sees a weakness, he mocks it. He does not know compassion.
  
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Gordon Wilder says:

October 2, 2016 at 12:21 pm

O’Brien’s book is superb. He has appeared on LinkTV show and possibly FreespeechTV. He has followed Trump for YEARS and his book is as far as I know unsurpassed in showing what Trump really is like.

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Joel Herman says:

October 2, 2016 at 1:09 pm

“The reality is that Trump’s proposals aren’t far removed from what the Republican Party has been trying to achieve for years – cutting taxes on the rich and on corporations; gutting health, safety, and environmental regulations; repealing Obamacare; spending more on defense; blocking immigration and sending more undocumented workers packing; imposing “law and order” in black communities; and preventing an increase in the minimum wage.

Focusing on Trump’s character flaws instead of the flawed Republican agenda is appropriate – up to a point. Donald Trump is dangerous. And, yes, the first priority must be to stop him.
But that shouldn’t be the only priority.”

http://robertreich.org/post/151202807215

How can we ask those young voters to get energized for Hillary when so much of her attack is designed to appeal to so called moderate Republicans. Jacob Javits died in 86 . There are no moderate Republicans. Not being deplorable is not the same as being a moderate.

The entire Trump empire has been built on a con job , that generated name recognition to substitute for integrity trust worthiness and real accomplishments. Real billionaires have no need for reality TV or Miss Universe contests they generate investment because of the profits investors expect to make. Trump builds little but farms out his name brand to others who attract investors.

“After the bankruptcy crises of 25 years ago, Trump shifted his business model from high profile real estate development to licensing and television. He licenses his name for hotels, buildings and golf courses on the high end and steaks, water, ties and more on the low end. This probably generates a massive amount of income for us mortals. But not many billions of dollars over a decade. ”

http://talkingpointsmemo.com/edblog/top-ten-reasons-to-doubt-trump-is-even-a-billionaire

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Ed Detective says:

October 2, 2016 at 3:42 pm

It was all premised on leveraging Other People’s Money.”

Well, uh, this is how capitalism works. It is especially how people become billionaires. If it’s not directly leveraging other peoples’ paper dollars or electronic credit, it is leveraging their labor. Pay the smallest possible amount of workers the lowest wage you can, and that’s how you profit.

It is “leveraging Other People’s Money” when a CEO cuts worker pay and eliminates jobs, and gives him/herself a big fat bonus. Or they don’t even have to give themselves a bonus, as long as they are already making 400x worker pay.

It is leveraging OPM when you sell junk bonds and high interest loans so that regular ol’ people can afford a house or an education.

The entire point of Wall Street is leveraging OPM. That’s what “speculation” is.

That’s what real estate is. That’s what corporations are. These are about leveraging other peoples’ money and labor for the ultimate benefit of a small group of people, or one individual.

Leveraging peoples’ money is how you win capitalism. Trump is just the logical conclusion of capitalism. He “won” capitalism by being a big loser of a human.

Leveraging other peoples’ money is also how politicians win their campaigns in a corrupt political system. Take large speaking fees from big banks, take gobs of donations from the fossil fuel and pharmaceutical and private prison industries, large multi-national corporations, and even foreign dictators.

If only someone came along and proved it could be done differently, but that person might be widely ridiculed by the political and media and business establishment for showing there is a way to build a political campaign on voluntary small donations.

Clinton represents the kind of corrupted politics that requires big money from powerful private industry. All about leveraging other peoples’ money. Who cares how that money was generated or who was hurt in the process.

If we care about nefariously leveraging other peoples’ money and labor for our own personal gains, we need a new economic and political system, not just a new presidential candidate.

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- Duane Swacker says:
  
  October 3, 2016 at 8:15 am
  
  “. . . it is leveraging their labor. Pay the smallest possible amount of workers the lowest wage you can, and that’s how you profit.”
  
  Exactly!
  
  And that is the ugly reality of the business sector. Which is also what the edudeformers and privateers would like to see happen in the public school sector. We’ve seen it already with the custodial, bus and lunch room components of the public school sector. And no one, nary a voice spoke up for the employees of those essential public school services.
  
  Didn’t someone named Niemöller have something to say about that “First they came for. . . .”
  
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drext727 says:

October 3, 2016 at 7:40 am

Reblogged this on David R. Taylor-Thoughts on Education.

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Akademos says:

October 3, 2016 at 2:05 pm

Plenty of OPM taken in NY, by Trump’s questionable and unregistered ‘charity’ org.

https://www.google.com/amp/www.bbc.co.uk/news/amp/37547094?client=safari

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Linda says:

October 3, 2016 at 4:07 pm

If Trump talked about men, Christians and Whites like he talks about women, people of other faiths and minorities, his support would dwindle to nothing.

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