I never said that he was self-made. As for his money, only his accountants and his bankers know how much he has or where it might be stashed. You are right about debt, but just remember: US capitalism runs on cheap credit (ditto the masses in debt-bondage). As for corporate welfare, US business hoovers up welfare and the investment banks (soup kitchens for the rich operating on a franchise run by the Federal Reserve) offer the financial equivalent of lobster, caviar and venison, but only for bums in $10,000 suits.
My operative assumption is that Trump follows the old Broadway advice: NEVER PUT YOUR OWN MONEY IN A SHOW! Good advice, IMHO.
****You are right about debt, but just remember: US capitalism runs on cheap credit (ditto the masses in debt-bondage). As for corporate welfare, US business hoovers up welfare and the investment banks (soup kitchens for the rich operating on a franchise run by the Federal Reserve) offer the financial equivalent of lobster, caviar and venison, but only for bums in $10,000 suits.****
Spot on. If anything, Trump is a crude in-your-face poster boy for this conspiracy tauntingly hiding in plain sight.
Your comment brings to mind something that John Gray (English academic, onetime Thatcherite who turned into a big critic of neo-liberalism) once observed: that Bill Clinton was a political shaman who enacted the contradictions of US politics that Americans could never openly acknowledge (the trade off between the free market and social cohesion).
Trump is the same, a shaman enacting the contradiction between traditional entrepreneurship and debt-enabled corporate welfare. That is what leadership is all about in a society enchanted with spectacle.
Tik Tok is appropriately named in this regard. Like the Tik Tok of a bomb about to detonate. Who needs nuclear weaponry when you have the bomb that is Tik Tok. Tik Tok incapacitates without all the nasty side effects of nuclear radiation.
Stupefaction by digital overload is a defining feature of governance across the West. It destabilises the population and is clearly being used as means of curating yet more dysfunction. The great weakness is that overseas players (like the Chinese) can contest the monopoly of abuse vested in our own masters. I expect that a split in the internet, with the digital world bifurcated into carefully policed divisions and a ban on apps and software from beyond, is already underway to correct this. Should the regulation of the digital economy split into rival zones, this bifurcation will be permanent.
If Trump even has any money that his own. My operative thinking is Trump doesn't need his own money because he's well aware the corporate welfare is the gift that keeps giving so why bother with your own money when you have unlimited access to the printing press.
He'd be a total fool not to have some stashed somewhere. Possibly in family trusts, in the name of the wife or the kids. Maybe loaned out via carefully crafted IOUs to cronies. Then again, maybe there is a banker in Manhattan or Connecticut sitting on an IOU worth billions signed by Trump?
I never said that he was self-made. As for his money, only his accountants and his bankers know how much he has or where it might be stashed. You are right about debt, but just remember: US capitalism runs on cheap credit (ditto the masses in debt-bondage). As for corporate welfare, US business hoovers up welfare and the investment banks (soup kitchens for the rich operating on a franchise run by the Federal Reserve) offer the financial equivalent of lobster, caviar and venison, but only for bums in $10,000 suits.
My operative assumption is that Trump follows the old Broadway advice: NEVER PUT YOUR OWN MONEY IN A SHOW! Good advice, IMHO.
****You are right about debt, but just remember: US capitalism runs on cheap credit (ditto the masses in debt-bondage). As for corporate welfare, US business hoovers up welfare and the investment banks (soup kitchens for the rich operating on a franchise run by the Federal Reserve) offer the financial equivalent of lobster, caviar and venison, but only for bums in $10,000 suits.****
Spot on. If anything, Trump is a crude in-your-face poster boy for this conspiracy tauntingly hiding in plain sight.
Your comment brings to mind something that John Gray (English academic, onetime Thatcherite who turned into a big critic of neo-liberalism) once observed: that Bill Clinton was a political shaman who enacted the contradictions of US politics that Americans could never openly acknowledge (the trade off between the free market and social cohesion).
Trump is the same, a shaman enacting the contradiction between traditional entrepreneurship and debt-enabled corporate welfare. That is what leadership is all about in a society enchanted with spectacle.
Indeed. The spell of the spectacle. It's like Crack. No, check that, it's more like Fentanyl and just as deadly.
The Chinese figured that one out, which is why they invented Tik Tok as revenge for the O[pium Wars.
Tik Tok is appropriately named in this regard. Like the Tik Tok of a bomb about to detonate. Who needs nuclear weaponry when you have the bomb that is Tik Tok. Tik Tok incapacitates without all the nasty side effects of nuclear radiation.
Stupefaction by digital overload is a defining feature of governance across the West. It destabilises the population and is clearly being used as means of curating yet more dysfunction. The great weakness is that overseas players (like the Chinese) can contest the monopoly of abuse vested in our own masters. I expect that a split in the internet, with the digital world bifurcated into carefully policed divisions and a ban on apps and software from beyond, is already underway to correct this. Should the regulation of the digital economy split into rival zones, this bifurcation will be permanent.
If Trump even has any money that his own. My operative thinking is Trump doesn't need his own money because he's well aware the corporate welfare is the gift that keeps giving so why bother with your own money when you have unlimited access to the printing press.
He'd be a total fool not to have some stashed somewhere. Possibly in family trusts, in the name of the wife or the kids. Maybe loaned out via carefully crafted IOUs to cronies. Then again, maybe there is a banker in Manhattan or Connecticut sitting on an IOU worth billions signed by Trump?