Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: Now he looks like an idiot? ... [View all]Kid Berwyn
(23,068 posts)79. Trump is a moron fixated by fabric swatches.
Trump, the billion-dollar loser I was his ghostwriter and saw it happen
Charles Leerhson
Yahoo.com, May 9, 2019
EXCERPT...
I tend to see my time with him the first part of it, anyway, before things started going bad in a hurry as his King Midas period. I never said this to him; if I had, he probably would have thought I was suggesting he enter the muffler business. But there was a stretch of months when everything he touched turned into a deal. The banks seemed to accept the version of him depicted in his first book, The Art of the Deal, which we now know from his previous ghostwriter, Tony Schwartz, was entirely invented. They believed it over what they saw on his balance sheets or heard coming out of his mouth, and they never said no to his requests for more money. Often they came up with things he could say yes to before he could think of them himself. As a result, a failing real estate developer who had little idea of what he was doing and less interest in doing it once hed held the all-important press conference wound up owning three New Jersey hotel-casinos, the Plaza Hotel, the Eastern Airlines Shuttle and a 281-foot yacht.
A real go-getter, right? But Trumps portfolio did not jibe with what I saw each day which to a surprisingly large extent was him looking at fabric swatches. Indeed, flipping through fabric swatches seemed at times to be his main occupation. Some days he would do it for hours, then take me in what he always called his French military helicopter to Atlantic City where he looked at more fabric swatches or sometimes small samples of wood paneling. It was true that the carpets and drapes at his properties needed to be refreshed frequently, and the seats on the renamed Trump Shuttle required occasional reupholstering. But the main thing about fabric swatches was that they were within his comfort zone whereas, for example, the management of hotels and airlines clearly wasnt. One of his aides once told me that every room at the Plaza could be filled at the rack rate (list price) every night, and the revenue still wouldnt cover the monthly payment of the loan hed taken out to buy the place. In other words, hed made a ridiculous deal. Neither he nor the banks had done the math beforehand. Or perhaps Trump knew it because someone had told him, but didnt want to think about it. The one thing he is above-average at is compartmentalization.
Source:
https://news.yahoo.com/trump-the-billiondollar-loser-his-ghostwriter-recalls-the-king-midas-years-090000640.html
Charles Leerhson
Yahoo.com, May 9, 2019
EXCERPT...
I tend to see my time with him the first part of it, anyway, before things started going bad in a hurry as his King Midas period. I never said this to him; if I had, he probably would have thought I was suggesting he enter the muffler business. But there was a stretch of months when everything he touched turned into a deal. The banks seemed to accept the version of him depicted in his first book, The Art of the Deal, which we now know from his previous ghostwriter, Tony Schwartz, was entirely invented. They believed it over what they saw on his balance sheets or heard coming out of his mouth, and they never said no to his requests for more money. Often they came up with things he could say yes to before he could think of them himself. As a result, a failing real estate developer who had little idea of what he was doing and less interest in doing it once hed held the all-important press conference wound up owning three New Jersey hotel-casinos, the Plaza Hotel, the Eastern Airlines Shuttle and a 281-foot yacht.
A real go-getter, right? But Trumps portfolio did not jibe with what I saw each day which to a surprisingly large extent was him looking at fabric swatches. Indeed, flipping through fabric swatches seemed at times to be his main occupation. Some days he would do it for hours, then take me in what he always called his French military helicopter to Atlantic City where he looked at more fabric swatches or sometimes small samples of wood paneling. It was true that the carpets and drapes at his properties needed to be refreshed frequently, and the seats on the renamed Trump Shuttle required occasional reupholstering. But the main thing about fabric swatches was that they were within his comfort zone whereas, for example, the management of hotels and airlines clearly wasnt. One of his aides once told me that every room at the Plaza could be filled at the rack rate (list price) every night, and the revenue still wouldnt cover the monthly payment of the loan hed taken out to buy the place. In other words, hed made a ridiculous deal. Neither he nor the banks had done the math beforehand. Or perhaps Trump knew it because someone had told him, but didnt want to think about it. The one thing he is above-average at is compartmentalization.
Source:
https://news.yahoo.com/trump-the-billiondollar-loser-his-ghostwriter-recalls-the-king-midas-years-090000640.html
Edit history
Please sign in to view edit histories.
81 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
The only way the oil industry will do it is if the US taxpayer fully funds the oil production.
Irish_Dem
5 hrs ago
#74
Sorry for my misinterpretation. And big oil is most definitely NOT going to do that on their dime.
paleotn
23 hrs ago
#43
I've always known that t-rump was a total idiot. He lucked into millions from his family and continues to be lucky...
wcmagumba
Yesterday
#9
He stated emphatically that the Oil Companies can't wait to get in there and get all that oil.
Marie Marie
Yesterday
#15
Fortunately for everyone concerned (except Trump), the oil execs are smarter than he is,
Ocelot II
Yesterday
#23
He was born an idiot. It doesn't change during your life when you're born that way.
ashredux
Yesterday
#18
That's cuz the moran thinks he knows everybody's business better than they do.
usonian
Yesterday
#24
But it knocked Trump's Epstien files connection out of the headlines for a week...
Beartracks
Yesterday
#26
KKKaptain bonespurs will send his "suckers and losers" to die in Venezuela.
Justice matters.
22 hrs ago
#55
Donald, why don't you force the oil companies to invest and take over the oil?
Norrrm
21 hrs ago
#56
"He may look like an idiot and talk like an idiot, but don't let that fool you...
alterfurz
15 hrs ago
#61