Tuesday, June 12, 2018

The Art of the Bad Deal

Donald Trump touts himself as a great deal maker ("the art of the deal" and all that) and, when he ran for president, he promised to make "great deals" for the USA on a wide variety of issues, particularly on trade and in world affairs.

This has resulted in him alienating countries like Canada (Canada! How do you piss off Canada?) -- and blowing up the West alliance which won two world wars, the Cold War, and brought billions of people peace and prosperity for three-quarters of a century. 

Egads. 

And, after angering Canada, Trump when to have his "summit" with his new buddy, the Dear Leader of North Korea. The result of this summit? Nothing! They signed a meaningless agreement to maybe agree of things in the future. Some deal! 

This is nuts. But it's not surprising. Decades ago, Trump made a disastrous deal to buy the Plaza Hotel -- he paid over $400 million for it and then was forced to sell it years later for less than $350 million, taking a huge loss. It was an idiotic, embarrassing failure -- the art of the bad, really stupid, deal.

And now he's going to bring North Korea to heel? 

He truly is a conman -- and it's amazing that so many people in this country are falling for it. 

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