Sunday, October 11, 2015

Trumpocrisy: How 'The Donald' Became a Billionaire and What That Means for the Rest of Us

On finances and the art of ignoring conflicts and contradictions

by Nomi Prins

The 2016 election campaign is certainly a billionaire’s playground when it comes to “establishment candidates” like Hillary Clinton and Jeb Bush who cater to mega-donors and use their money to try to rally party bases. The only genuine exception to the rule this time around has been Bernie Sanders, who has built a solid grassroots following and funding machine, while shunning what he calls “the billionaire class” that fuels the super PACs.

Donald Trump, like Ross Perot back in the 1992 and 1996 elections, has played quite a different trick on the money-saturated American political system. He has removed the billionaire as middleman between citizen plebeians and political elites, and created a true .00001% candidate, because he’s... well, a financial elite unto himself, however conveniently posed as the country’s straight-talking “everyman.”

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