HOME



Digby's Hullabaloo
2801 Ocean Park Blvd.
Box 157
Santa Monica, Ca 90405



Facebook: Digby Parton

Twitter:
@digby56
@Gaius_Publius
@BloggersRUs (Tom Sullivan)
@spockosbrain



emails:
Digby:
thedigbyblog at gmail
Dennis:
satniteflix at gmail
Gaius:
publius.gaius at gmail
Tom:
tpostsully at gmail
Spocko:
Spockosbrain at gmail
tristero:
Richardein at me.com








Infomania

Salon
Buzzflash
Mother Jones
Raw Story
Huffington Post
Slate
Crooks and Liars
American Prospect
New Republic


Denofcinema.com: Saturday Night at the Movies by Dennis Hartley review archive

January 2003 February 2003 March 2003 April 2003 May 2003 June 2003 July 2003 August 2003 September 2003 October 2003 November 2003 December 2003 January 2004 February 2004 March 2004 April 2004 May 2004 June 2004 July 2004 August 2004 September 2004 October 2004 November 2004 December 2004 January 2005 February 2005 March 2005 April 2005 May 2005 June 2005 July 2005 August 2005 September 2005 October 2005 November 2005 December 2005 January 2006 February 2006 March 2006 April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 December 2006 January 2007 February 2007 March 2007 April 2007 May 2007 June 2007 July 2007 August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 April 2009 May 2009 June 2009 July 2009 August 2009 September 2009 October 2009 November 2009 December 2009 January 2010 February 2010 March 2010 April 2010 May 2010 June 2010 July 2010 August 2010 September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018


 

This page is powered by Blogger. Isn't yours?

Hullabaloo


Tuesday, May 08, 2018

 

#ButhisCashDeals

by Tom Sullivan


Trump Turnberry golf resort, Scotland. Photo by Terry Stewart [CC BY-SA 2.0 ], via Wikimedia Commons.

"But her emails" has become a wry joke on the left. Republican fanfare over their investigations into Hillary Clinton's emails during the 2016 presidential campaign (and after) was endless. Trumpers still love chanting "Lock her up" over unspecified crimes they imagine she committed. From Benghazi to State Department emails to Uranium One to the Clinton Foundation "scandals," Fox News, of course, was Donald Trump's cheerleading squad.

The not-so-vast but relentless right wing noise machine used the same gaslighting techniques on Hillary Clinton it used against her husband, this time in support of Donald Trump. In the end, there was nothing to prosecute. "But her emails" remains the go-to distraction to keep the spotlight off Trump.

Digby posted yesterday on David Fahrenhold's Washington Post report on the buying spree Trump undertook in the years ahead of running for president. More than $400 million in nine years, Fahrenhold found. After years as the self-described "King of Debt" who bragged, "If the world goes to hell in a handbasket, I won't lose a dollar," Trump suddenly reversed course. He began buying properties, some of them money-losers, wholly with cash:

The year before he launched his campaign for president, Trump made the two most expensive all-cash purchases that The Post found in its review. In 2014, he shelled out $79.7 million for the huge golf resorts in Doonbeg, Ireland, and Turnberry, Scotland — both of which were losing money at the time.
The strategy flies in the face of convention and common sense. Trump embraced borrowing "until he didn't," Fahrenhold writes.

Which brings up Eric Trump's reported explanation for how the Trump organization got its money at a time banks quit lending to it: "We have all the funding we need out of Russia." Eric Trump now denies saying that to golf journalist James Dodson. Once again, a question arises Benghazi-like.

It took MSNBC's Stephanie Ruhl and Washington Post's David Fahrentold most of the interview yesterday to get around to mentioning Russian money, but along with suspicions of Russian money laundering (which the Post cannot prove) it was hanging in the air the entire time:
“Where on earth did they get the cash from?” the host asked Fahrenhold, who responded that he and his reporting team only know what the Trump son relayed to them — that they made enough on other business ventures to purchase the properties in cash in spite of reports about the company’s borrowing habits.

Charlie Pierce is less loathe to speculate:

But there is an explanation that can cover all the questions arising from this mysterious mid-career course correction in how the president* did business. Perhaps someone–or several someones–needed to wash some money. A possible reason that Mueller’s people are looking into this kind of maneuvering is that they suspect the Trump Organization was laundering money for the kind of people who need their money laundered.
#ButhisCashDeals

* * * * * * * *

For The Win 2018 is ready for download. Request a copy of my county-level election mechanics primer at tom.bluecentury at gmail.