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" "Donald has a degree on his office [wall] from Penn, an ivy league school in economics <nowiki>[</nowiki>]. He was given that degree, and I emphasize the verb "given" because he always said "Mexico is going to pay for the wall." ...[A]ll thinking people went "How are you going to make a sovereign nation pay for a wall they don't want?" "I have a plan!" Do you know what his plan was when he came into office? "I'm going to put a tariff on Mexican goods." It's a guy with an economics degree who doesn't know that a tariff... means we pay for the wall through higher prices? The man doesn't know anything.
(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).
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[I]n modern language we think of "idiot" as someone who is stupid or a fool. That is not the classical meaning... An idiot is someone who cares only about himself and has no regard for anyone else, and that's terribly important when you think about tyrants. ...[W]e think of tyrants as people who are horrible... oppressors. ...[I]n its classic historic meaning, tyrant was simply someone who ceased power.
[T]hroughout his adult life Trump sought out—and worked closely with—more than a score of criminals, including Mafia associates, Russian mob associates, violent felons, con artists, swindlers, and most significant of all, the embezzler and mob associate Joseph Weichselbaum, a thrice-convicted felon. ...[W]hen Trump was the big man in Atlantic City, he got his helicopters to bring his high-rollers in and out of town through a company formed by Weichselbaum. ...Spy ...reported that Weichselbaum ...personally piloted the Trumps [in the Ivana, Trump’s personal helicopter]. ...Weichselbaum also had another business: importing drugs from Colombia...
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The ... is... fundamental to the American Revolution and it is taught the wrong way in American schools. ...There's a wonderful book called The Boston Tea Party by Professor [Labaree]... where he... got the British records... and the American records. ...It was a protest against a ...a government tax favor to the politically connected friends of King George who owned this royal monopoly, The East India Company. They mismanaged it because... in a competitive environment managers who can't run the business are gotten rid of, or they go out of business. But in a monopoly you can mismanage for a long time, and the same thing with a and an , where there's a... scintilla of competition among a few firms. ...[T]hey were going to go bankrupt because they had all this tea that they couldn't sell, and they were going to replace a market in Boston... 7 out of 10 cups of tea drunk in November and December of 1773 were Dutch tea, but under this law that was being protested, there would be a monopoly, and only British tea could be drunk. ...[P]eople understood that ...would ...mean higher prices ...less competition ...If we have such a fundamental misunderstanding of how the country got started, then we're going to have fundamentally flawed policies that flow out of these myths.