If we’ve heard anything from Donald Trump over the past year and a half, it’s what a great businessman he is, what a great company he’s built, and how he’s a genius of finance and leverage. So it seems completely antithetical to this self-created myth when you realize that in one single year–1995–this same master of the business world lost nearly a billion dollars. That’s billion with a capital “B.”
You would expect Trump’s campaign manager, Kellyanne Conway, to have a logical explanation for such a massive loss of money by her candidate, but as she proved earlier this morning while being interviewed by Charlie Rose, she’s also stumped. Rose began by asking directly:
“How did he lose the $1 billion?”
Attempting to put a positive spin on the story, Conway replied:
“Well, we don’t know that, but at the time, you remember real estate in 1995 leveraged companies. But the fact is, what did he do? In other words, the art of the comeback, and this nation can certainly use a comeback now.”
Actually, we do know this much, Kellyanne: In 1995, Donald Trump reported a one-year loss of $916 million and didn’t pay a red cent in taxes. There is a very real chance he has carried that loss forward over the years so he could avoid paying any taxes for the past two decades.
How does someone manage to lose nearly a billion dollars in a year? Simple: You’re a terrible businessman with bad judgment, which Trump clearly is and always has been. When he isn’t going bankrupt, this Cheeto-tinted sack of crap is stiffing contractors and vendors who have done work for him. Hey, why pay when you can get it for free? Right, Donald?
Donald Trump is emblematic of what is wrong with this country. He is a predatory capitalist who will screw over anyone to get ahead in the world. He not only needs to lose on Election Day, he also needs to be indicted and sent to prison for a very long time.
This article was originally published by the same author at LiberalAmerica.org