The Making of Donald Trump

The Making of Donald Trump by David Cay Johnston. This is the definitive Donald Trump biography to date by a reporter who has covered The Donald for 28+ years. Trump is probably not a billionaire; he may not be even a millionaire. His debts are large and his income fluctuates. I believe that if he loses the election in November, all the negative publicity generated by his campaign will be sufficient to push him into another bankruptcy. Questionable business practices and questionable ties to the underworld make voting for Trump a risky proposition. It is a risk that America should avoid.

Logic 101

Of all the college courses that I have taken, I think that an introduction to logic has been the most useful. I use the rules of logic daily without even remembering their names. I used logic extensively when I plowed through Jerome Corsi’s book, The Obama Nation, critical of the candidate in 2008. Logic is also a great help with any and all of Glen Beck’s writing.

Both the course and the location were memorable. I took that course on logic during summer evenings in Chicago in the early 1960s. The course was taught at Roosevelt University which occupied a former hotel on the corner of Michigan Avenue and Congress Street. The class was taught in a room on the seventh floor of a ten-story building. The windows were open to admit a soft, summer breeze. We students were seated around a single, long table on a north-south axis. I sat facing east so that I had a view over Grant Park toward Lake Michigan. Thus I could watch dusk descend as the sun sank behind my back.

However, logic is no help in sorting out the truth from falsehoods when candidates, like Donald Trump, and pundits lie 24/7.

Role reversal part 2

In 1950, about 1/3 of Federal revenue came from corporate income taxes and only 10% came from regressive payroll taxes. Now in 2016, that is reversed. 10% of Federal revenue comes from corporate income taxes and about 1/3 from regressive payroll taxes. The poor may not pay income taxes, but they do pay payroll taxes. And corporations are clamoring for lower income taxes so that they can create more jobs. The true job creators, consumers, cannot afford to purchase American made goods and services and part of the reason is that they are burdened by regressive payroll taxes.