Seriously, How Dumb is Trump? by Robert Reich [View all]

[kentuck]

https://www.facebook.com/RBReich/posts/1821276477884940

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Trump doesn’t think he’s stupid. “Actually, throughout my life, my two greatest assets have been mental stability and being, like, really smart,” he tweeted yesterday. He earlier recounted “I went to an Ivy League college … I did very well. I’m a very intelligent person.”

Wrong. One of his professors at the University of Pennsylvania’s Wharton School of Business and Finance purportedly said that he was “the dumbest goddamn student I ever had.”

<snip>
He’s always been a conman. He conned hundreds of young people and their parents into paying to attend his near worthless Trump University. He conned banks into lending him more money even after he repeatedly failed to pay them. He conned contractors to work for them and then stiffed them.

Granted, during he hasn’t always been a great conman. Had he been, his cons would have paid off.

By his own account, in 1976, when Trump was starting his career, he was worth about $200 million, much of it from his father. Today he says he’s worth some $8 billion. If he’d just put the original $200 million into an index fund and reinvested the dividends, he’d be worth $12 billion today.