You’ve probably heard a few sound bites from this speech, but likely nothing from the most important part. Trump claims that he can’t be bought, but now that he is the presumptive Republican nominee, he has pivoted and is now begging for money from the same Wall Street bankers who already own our political system (especially because of Citizens United). I guess Trump didn’t have to be bought, because he was already a cheerleader for the rich and powerful.
Need proof? Trump has already promised to dismantle Dodd-Frank. That’s right, he wants to take us back to the situation that caused the economic collapse of 2008 — the biggest recession since the Great Depression. And why shouldn’t he? He’s already bragged that he made lots of money during that time buying up property on the cheap.
So when Trump makes bad business decisions, he declares bankruptcy and leaves the rest of us holding the bag. And when the economy goes south, he makes lots of money. For Donald Trump, it may be win-win, but for the rest of us it is lose-lose. Will we ever learn?