TheWiseOldFart

  Trump will no longer be forced to accommodate  his most avid supporters, who in private he refers to as “basement dwellers.” He will now be surrounded by his 756 billionaire supporters, who are more accurately known as oligarchs. Trump has never been a legitimate billionaire. Like the rest of his life, his wealth was an illusion. He “cooked the books” in his favor throughout his failed efforts to become a legitimate businessman. When taxes were due, he deflated the value of his real estate holdings, each of which was deep in debt. When he needed a loan from Deutche Bank, or other large lending institutions, he inflated the value of his holdings. His controversial victory on November 5, 2024 offered him another opportunity to play the role of a billionaire. Trump said many times that “he loves using other people’s money.” During his first illegitimate presidency, he wasted more than six million taxpayer dollars every month. That’s more than one-quarter of a billion dollars ov...

Op-ed by TheWiseOldFart   For as long as I have been a political writer, I have claimed that Ronald Reagan is responsible for two things: our nation’s financial woes and the demise of the Grand Old Party. He not only admitted that his administration supported the super-rich, he bragged about it. He told his party and his wealthy supporters that “greed is good.”   Reagan was also responsible for the demise of the Grand Old Party, completed by Trump in 2017. He demanded complete loyalty and support from every Republican while abandoning the principles and standards of the former Party of Lincoln. He moved his party even farther to the right and extremism with his war on the working class, minorities, women, and non-Christians. Reagan is on my list of the five worst presidents in history. His fiscal policy of “supply side economics,” better known as “ trickle-down economics,” not only reduced the quality of life for most Americans, tax breaks for the super-rich and corporations...