Donald Trump Contradicts Himself In Statement About Video

After the release of the Access Hollywood video yesterday, Donald Trump released an official video apologizing for his disgusting comments objectifying more than 50% of the world’s population. Otherwise Trump has been unusually quiet, and didn’t really lie about much yesterday.

A Trump apology is a rare thing indeed, much less one where he actually admits that he was wrong. “I’ve never said I’m a perfect person, nor pretended to be someone that I’m not,” Trump said in a taped statement released on Twitter. “I’ve said and done things I regret, and the words released today on this more than a decade-old video are one of them. Anyone who knows me knows these words don’t reflect who I am. I said it, I was wrong, and I apologize.”

But the mea culpa didn’t last long, as Trump used this moment not to sincerely apologize for his offensive comments and the underlying disrespect for the mothers, wives and daughters that they reflect, but used it to aggrandize his own journey from womanizing playboy to Presidential nominee.

“I’ve traveled the country talking about change for America, but my travels have also changed me,” Trump said. “I’ve spent time with grieving mothers who’ve lost their children, laid-off workers whose jobs have gone to other countries, and people from all walks of life who just want a better future. I have gotten to know the great people of our country, and I’ve been humbled by the faith they’ve placed in me. I pledge to be a better man tomorrow and will never, ever let you down.”

Trump continued to change the subject to Bill Clinton, saying “Bill Clinton has actually abused women, and Hillary has bullied, attacked, shamed and intimidated his victims. We will discuss this more in the coming days,” Trump said, with a touch of a threat to end the video.

The hypocrisy comes in with Donald Trump early on dismissing his own shortcomings in the past as just being some words “on this more than a decade-old video.” While his own misogyny from ten years ago is now long behind him and should be forgiven, Bill Clinton’s misogyny from more than twenty years ago is apparently fair game. It will be interesting to see how Donald Trump sells Bill Clinton’s infidelity from the 1990s, as Trump was carrying on a very public affair with Marla Maples as his first marriage disintegrated.

Trump dismissed the lewd comments as a “distraction” and urged voters to keep their thoughts on the “important issues we’re facing today” mere seconds before promising to dredge up Bill Clinton’s infidelities from more than twenty years ago.

Donald Trump will keep it classy, I’m sure.

Sources:
http://www.reuters.com/article/us-usa-election-idUSKCN12807N?il=0

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Donald Trump Offends Almost Everyone With Disgusting Unearthed Video

I’ll present this video to you essentially without comment. This 2005 video was obtained by the Washington Post prior to an Access Hollywood spot with Billy Bush. I can’t urge you enough to take three minutes and six seconds to watch the true thoughts about women by a man running for President of the United States. Trump was married to Melania at the time.

Sources:
https://www.washingtonpost.com/politics/trump-recorded-having-extremely-lewd-conversation-about-women-in-2005/2016/10/07/3b9ce776-8cb4-11e6-bf8a-3d26847eeed4_story.html

What Mike Pence Lied About (The Day Before) Yesterday

pence

Sorry I didn’t get this out yesterday, I’ve got a new baby and a house guest and it just didn’t happen…

The first and only Vice Presidential Debate was Tuesday night, with Mike Pence and Tim Kaine squaring off at a roundtable type debate. Pence distanced himself from Trump on many issues and dodged the question on quite a few more, but overall looked calm and collected and had a pretty good, if boring, debate. That doesn’t mean that he didn’t tell a whole pack of untruths. On this special edition of What Mike Pence Lied About Yesterday I’m going to quickly run down some of the lies and falsehoods claimed by the Vice Presidential nominee with limited commentary.

“The fact that under this past administration, we’ve almost doubled the national debt is atrocious…. Hillary Clinton and Tim Kaine want more of the same,” Pence said. The Obama administration raised the debt by 35% as a share of the total economy, according to the AP. Comparing the Trump and Clinton plans, the Committee for a Responsible Federal Budget found that the Trump plan would create almost $4 trillion more debt than the Clinton plan.

“They want to expand (Obamacare) into a single-payer program,” Pence said. While Clinton and Kaine want to expand and protect the Affordable Care Act, neither has suggested or supported a single payer system.

PENCE: I’m very, very happy to defend Donald Trump. If he wants to take these one at a time, I’ll take them one at a time.

QUIJANO: I will give you an opportunity to do that.

KAINE: More nations should get nuclear weapons. Try to defend that.

PENCE: Don’t put words in my mouth. Well, he never said that, Senator.

KAINE: He absolutely said it. Saudi Arabia, South Korea, Japan.

PENCE: Most of the stuff you’ve said, he’s never said.

Donald Trump said “maybe [Japan and South Korea] would be better off — including with nukes, yes, including with nukes” in April. Trump has made several similar statements but also contradictorily claims to opposes nuclear proliferation. I don’t think that Donald Trump knows what proliferation means.

“We delivered $400 million in cash as a ransom payment for Americans held by the radical mullahs in Tehran,” Pence said. The optics were not great on that cash delivery as it happened on the same day as hostages were released, but both were part of the Iran nuclear deal, and the $400 million actually belonged to Iran and was repaid as part of the deal. It was not a payment for the release of hostages.

“Less than 10 cents on the dollar of the Clinton Foundation has gone to charitable causes,” Pence said. Charity watchdog Charity Watch said the 88% of the Clinton Foundation went towards charitable causes. They gave the Clinton foundation a rating of “A.” For comparison purposes, the American Red Cross received a rating of “A-.”

While ultimately the Vice Presidential debates matter very little, it was interesting to watch Mike Pence try to justify and deflect much of the criticism towards Trump. Perhaps I need to lock down http://www.whatmikepenceliedaboutyesterday.com for 2020.

Sources:
https://www.washingtonpost.com/news/the-fix/wp/2016/10/04/the-mike-pence-vs-tim-kaine-vice-presidential-debate-transcript-annotated/
http://www.politifact.com/truth-o-meter/article/2016/oct/04/fact-checking-tim-kaine-mike-pence-vp-debate-runni/
http://www.usatoday.com/story/news/politics/elections/2016/10/05/fact-check-pence-kaine-vice-presidential-debate/91578626/
http://www.politifact.com/truth-o-meter/statements/2016/oct/05/mike-pence/debate-mike-pence-claims-trump-never-said-more-nat/

Trump Is Delusional About the State Of the Economy in the 1990s

tramp

At a rally in Colorado yesterday, Donald Trump barely flinched from the myriad of controversies swirling around him this week. Rather than attacking the facts of a New York Times article that found the “successful” businessman had lost almost a billion dollars in a single year, the GOP nominee leaned into the controversy saying he has “a fiduciary responsibility to pay no more tax than is legally required like anybody else.”

As a cornerstone of Trump’s platform is that he is a successful billionaire, it is unthinkable to himself that he could have made some bad decisions that would account for the losses. Trump is also unable to admit that he has ever, ever made a mistake. So what is there to do? Blame the economy, of course.

The news media is now obsessed with an alleged tax filing from the 1990s at the end of one of the most brutal economic downturns in our country’s history.If you remember the early ’90s, other than, I would say, 1928, there was nothing even close. The conditions facing real estate developers in that early ’90 period were almost as bad as the Great Depression of 1929 and far worse than the Great Recession of 2008. Not even close.

What had been a booming economy in the era of Ronald Reagan changed dramatically and the business landscape changed with it. Bank failures and collapse, the absolute total destruction of the savings and loan industry, and the implosion of the retail market and real estate in general, something we’ve never seen anything like it.

Firstly, a candidate for the President of the United States should know that the Great Depression started after the stock market crash of October 1929, not in 1928.

The 1990s were bad for Trump because he made a lot of bad decisions in the late 198os. He borrowed millions at loan shark interest rates to prop up properties that were failing, and ultimately did fail. The AP notes that Trump’s Atlantic City Trump Castle defaulted on loans in June of 1990: months before the recession began. Trump sold “junk bonds” at 14% interest in some of these casinos that weren’t making enough money to cover the payments to investors. Trump, along with a lot of other investors, was left holding the bag when they went belly up.

The Great Recession (which actually began in 2007, not 2008) was much, much worse for the average American compared to the recession of 1990. America lost 8.6 million jobs during the Great Recession, compared to just 1.6 million jobs in 1990. The recession of 1990-1991 lasted just 8 months, as the Great Recession lasted 18 months, with near recession numbers for almost three years. There is no measure by which the 1990 recession was worse than the 2008 recession, except perhaps Donald Trump’s personal business failings.

During the recession in 1990 the unemployment rate peaked at 7.8% for one month. During and after the Great Recession, the unemployment rate stayed above 7.8% for four years, peaking at well over 10%.

Just because a recession was very, very bad for Donald Trump does not mean that that recession was that bad for the world at large. Because really, at the end of the day, isn’t it all about Donald Trump?

Sources:
http://www.vox.com/policy-and-politics/2016/10/4/13160044/trump-tax-returns-fiduciary
http://abcnews.go.com/Politics/wireStory/ap-fact-check-trump-distorts-90s-economic-downturn-42545437

 

Trump Claims He Is The “Only One Who Can Fix” the Tax Code (To Benefit Himself and Other Billionaires)

tweet

In the wake of Trump’s leaked tax returns, the candidate claimed on Twitter that he is “the only one who can fix” our complex tax laws. He has had several tax plans since the start of his candidacy, with the current Trump tax plan focusing on tax cuts for the wealthy and corporations.

What the plan does not address is a so-called billionaire taking a $916 million loss and using that loss to avoid paying his taxes for nearly two decades.

Alan Cole, of the Tax Foundation, told NBC News that “nothing about the plan would change the basic idea that if you take a loss you can carry it forward and count it against future income.”

What the Trump tax plan does do is inordinately benefit the most wealthy Americans.

He would repeal the “death tax,” a significant revenue generator for the government, except for capital gains valued over $10 million. Honestly, I think there are typos in the plan, or at the very least it is confusingly written. It’s difficult to parse out the exemptions from the way that it is written. This law would protect most of the billions that Trump claims to have from taxation upon his death. The estate tax really only affects the top 0.2% of the country, and would cost $240 billion in revenue but at least Donald Trump’s kids wouldn’t go hungry with all those extra millions.

He would reduce the top income tax bracket from 43% to 33%, saving himself and his fellow billionaires millions. It would save him millions if he actually paid any taxes that is. Trump would also repeal the Affordable Care Act tax of 3.8% on investment income, and reduce capital gains taxes to 20%, again inordinately befitting the wealthiest Americans at the expense of the lower classes.

Most shockingly, Trump would cut the corporate tax rate by 58%, reducing it from the current 35% to 15%. While this would possibly benefit smaller businesses, it would inordinately benefit large corporations and billionaires rather than less wealthy Americans. This would cost the government about $2 trillion in revenue over 10 years according to the Tax Foundation.

Donald Trump understands the tax system for sure, and has exploited it for his own use for decades. He has used American roads and infrastructure and benefited from the protection of the government to help himself to billions of dollars, while paying in nearly nothing back in to the system. “Because I’m smart” he says. And to say that he will “fix” the tax codes is laughable, as his tax proposal benefits himself and his billionaire pals to such a degree that it is likely to cause a $5 trillion revenue shortfall over 10 years. But what does Donald Trump care?

Sources:
http://www.nbcnews.com/politics/2016-election/donald-trump-claims-he-ll-fix-tax-system-so-what-n658341
https://www.donaldjtrump.com/policies/tax-plan/
https://www.washingtonpost.com/opinions/whom-would-donald-trumps-tax-fixes-help-the-most-donald-trump/2016/10/02/65684424-88b8-11e6-875e-2c1bfe943b66_story.html?utm_term=.246c930cc53f

Trump Doesn’t Seem To Pay His Own Taxes, But Has Repeatedly Shamed Others For Not Paying Theirs

trump

I wasn’t quite done fact checking last week’s Presidential debate, but Donald Trump has had a bad week. A very bad week. NBC News called it possibly the worst week in Presidential campaign history. So, I decided to abandon examining the debate and move on to the bombshell release of Trump’s 1995 tax returns, showing that the GOP nominee declared a nearly $1 billion loss that year. I was hoping October would give us a tasty surprise…

It appears that Trump did not pay any federal taxes that year, and could have used that $916 million loss to avoid paying taxes for decades afterward. The documents were sent anonymously to the New York Times, with a return address from the Trump Tower.

tax

The Trump campaign released a statement that did not confirm or deny the $916 million loss claim. ““Mr. Trump is a highly-skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required. That being said, Mr. Trump has paid hundreds of millions of dollars in property taxes, sales and excise taxes, real estate taxes, city taxes, state taxes, employee taxes and federal taxes,” the statement claimed, but continues to refuse to release Trump’s tax returns to prove this. “Mr. Trump knows the tax code far better than anyone who has ever run for President and he is the only one that knows how to fix it.”

In response to that, here are screen captures of Donald Trump tweets that seem a little dishonest at this point.

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Sources:

http://www.cnbc.com/2016/10/02/donald-trumps-tweets-on-tax-issues-gop-nominee-refuses-to-release-tax-records.html
https://www.washingtonpost.com/news/post-politics/wp/2016/10/02/trump-taxes-and-twitter-his-attacks-on-others-now-back-under-the-spotlight/?tid=hybrid_collaborative_2_na

https://thinkprogress.org/7-tweets-by-trump-about-taxes-that-are-very-awkward-now-75b500ea4f45#.ayt214s34

 

Debate Vol. 5: Trump Interrupts Clinton To Wrongly Correct Her On NYC Murders

Starting at the 53:00 mark of the above video, Trump begins talking about stop and frisk in New York City, and makes some bold claims about its efficacy in the last decade. As Clinton retorts with some facts, Donald Trump interrupts her to correct her:

TRUMP: In New York City, stop-and-frisk, we had 2,200 murders, and stop-and-frisk brought it down to 500 murders. Five hundred murders is a lot of murders. It’s hard to believe, 500 is like supposed to be good?

But we went from 2,200 to 500. And it was continued on by Mayor Bloomberg. And it was terminated by current mayor. But stop-and- frisk had a tremendous impact on the safety of New York City. Tremendous beyond belief. So when you say it has no impact, it really did. It had a very, very big impact.

CLINTON: Well, it’s also fair to say, if we’re going to talk about mayors, that under the current mayor, crime has continued to drop, including murders. So there is…

TRUMP: No, you’re wrong. You’re wrong.

CLINTON: No, I’m not.

TRUMP: Murders are up. All right. You check it.

Don’t mind if I do, Mr. Trump, I did check it. And Clinton is right, you’re wrong on this one.

As of the week of September 25th, murders in New York City were down 5.3% from this time in 2015. That is fourteen lives, down to 252 from 266 this time last year. And the trajectory is downward, as New York’s murder rate is headed for a historic low.

If you pull back the two year numbers are not quite so rosy, as murders are up 6.3% if you look at the 2 year. Keep pulling back though, and it keeps looking better and better. Murders are down 36.5% from 6 years ago, the height of the stop and frisk era, and down a whopping 82.7% from 23 years ago.

Sources:
https://www.washingtonpost.com/news/the-fix/wp/2016/09/26/the-first-trump-clinton-presidential-debate-transcript-annotated/

Click to access cs-en-us-city.pdf

http://www.huffingtonpost.com/entry/nypd-low-crime-first-quarter-2016_us_5702b0dae4b0a06d580653e3