I rarely agree with the New York Times, but this story has Trump’s record as businessman accurately pegged.
The way Donald J. Trump tells it, his first solo project as a real estate developer, the conversion of a faded railroad hotel on 42nd Street into the sleek, 30-story Grand Hyatt, was a triumph from the very beginning.
The hotel, Mr. Trump bragged in “Trump: The Art of the Deal,†his 1987 best seller, “was a hit from the first day. Gross operating profits now exceed $30 million a year.â€
But that book, and numerous interviews over the years, make little mention of a crucial factor in getting the hotel built: an extraordinary 40-year tax break that has cost New York City $360 million to date in forgiven, or uncollected, taxes, with four years still to run, on a property that cost only $120 million to build in 1980.
The project set the pattern for Mr. Trump’s New York career: He used his father’s, and, later, his own, extensive political connections, and relied on a huge amount of assistance from the government and taxpayers in the form of tax breaks, grants and incentives to benefit the 15 buildings at the core of his Manhattan real estate empire.
Since then, Mr. Trump has reaped at least $885 million in tax breaks, grants and other subsidies for luxury apartments, hotels and office buildings in New York, according to city tax, housing and finance records. The subsidies helped him lower his own costs and sell apartments at higher prices because of their reduced taxes.
Mr. Trump, the Republican nominee for president, has made clear over the course of his campaign how proud he is that “as a businessman I want to pay as little tax as possible.â€
While it is impossible to assess how much Mr. Trump pays in personal or corporate income taxes, because he has refused to release his tax returns, an examination of his record as a New York developer shows how aggressively he has fought to lower the taxes on his projects.
Mr. Trump successfully sued the administration of Mayor Edward I. Koch after being denied a tax break for Trump Tower, his signature building on Fifth Avenue. Two decades later, in a lawsuit that spanned the administrations of Mayors Rudolph W. Giuliani and Michael R. Bloomberg, he won a similar tax break for Trump World Tower, a building on First Avenue with some of the city’s highest-priced condominiums in 2001.
The tax breaks for those two projects alone totaled $157 million.
The tax break at the 44-story Trump International Hotel and Tower at Columbus Circle came to $15.9 million.
No possible subsidy was left untapped. After the terrorist attacks on the World Trade Center, Mr. Trump lined up a $150,000 grant for one of his buildings near ground zero, taking advantage of a program to help small businesses in the area recover, even though he had acknowledged on the day of the attacks that his building was undamaged.
“Donald Trump is probably worse than any other developer in his relentless pursuit of every single dime of taxpayer subsidies he can get his paws on,†said Alicia Glen, Mayor Bill de Blasio’s deputy mayor for housing and economic development, who first battled Mr. Trump when she worked in Mr. Giuliani’s administration.
Jesse Singal explains how and who they are. “Why did he post a suicide note on livejournal before killing himself?” “I hear he did it for the lulz.”
The Chanterculture (as in 4chan –JDZ) predates the rise of Trump by years (Gamergate was obviously a big moment for it), but suffice it to say that the emergence of Trump, a larger-than-life walking middle finger to political correctness, hit this subculture like a mainlined bottle of Mountain Dew — Trump is their hero, and like so much else in their online world they have rendered him in cartoonish, superhero hues.
Part of what makes the Chanterculture confusing and difficult for outsiders to penetrate is that, as Bernstein puts it, “It unites two equally irrepressible camps behind an ironclad belief in the duty to say hideous things: the threatened white men of the internet and the ‘I have no soul’ lulzsters.†That is, some proportion of Chanterculture warriors actually believe the things they say — some dedicated real-life internet Nazis like Andrew Auernheimer, a.k.a. weev, came up in chan culture — while others are just in it for the outrage. (Many channers find the idea of having an actual ideology — or expressing it online, at least — rather distasteful, with the only exception being instances in which cloaking one’s online persona in an offensive ideology can elicit lulz.) …
Underlying chan culture is a fundamental hostility to earnestness and offense that plays out in how its members interact with each other and with outsiders. To wit: If you, a channer, post a meme in which Homer and Lisa Simpson are concentration camp guards about to execute Jewish prisoners, and I respond by pointing out that that’s fucked up, I’m the chump for getting upset. Nothing really matters to the average channer, at least not online. Feeling like stuff matters, in fact, is one of the original sins of “normies,†the people who use the internet but don’t really understand what it’s for (chaos and lulz) the way channers do. Normies, unlike channers — or the identity channers like to embrace — have normal lives and jobs and girlfriends and so on. They’re the boring mainstream. Normies don’t get it, and that’s why they’re so easily upset all the time. Triggering normies is a fundamental good in the chanverse.
And when channer and normie culture collide, normie culture indeed tends to spasm with offense. From the point of view of a normie, why would you post Holocaust imagery unless you actually hate Jews or want them to die? To which the channer responds internally, For the lulz. That is, for the sake of watching normies get outraged, and for recognition from their online buddies.
You can just imagine how much Allied propagandists during the Great War must have loved that one!
When the war began the Crown Prince was entrusted with nominal command of the army which invaded France by crossing Luxemburg and reaching France at Longwy. It was his command that made the long and fruitless assault on Verdun in 1916.
Only in a titular sense was he the director of these assaults. The operations were in reality under control of Marshal von Haesler, one of the oldest commanders in the German army, if not the oldest, his age variously stated at from sixty-eight to seventy-nine, reference books not agreeing as to the date of his birth. He was old enough, however, to have been in the war against Denmark in 1864.
Haesler’s rotund form and the severity of his facial expression combined to make him one of the “figures” in militarist Germany. “The old guardian of the Moselle,” Germans often called him. It was Haesler’s business to advise the Crown Prince.
All agreed that the Crown Prince needed him and that he took the advice offered. Gossip said Haesler was the most abstemious war-horse in the empire. For fifty years he had risen every morning at five to drink a glass of milk and swallow two raw eggs. At two in the afternoon he ate a small piece of steak and a cup of broth. Characteristic of him was an anecdote that included Prince Henry, the Kaiser’s brother. At an annual maneuver Prince Henry had been asked to come to Haesler at eight in the evening. “When he arrived, he had to wait until nine, and then found that he and all Haesler’s guests were to sit down to a glass of water and an apple. ‘This,’ said the old man, ‘is set before you as a practical lesson in war conditions, when absolute necessities only can be obtained and appetites, like baggage, must be restricted.” ‘His Highness alone,” added the General, “having a special claim, may eat two apples and drink two glasses of water.’
In his capacity of inspector, Haesler for years was the terror of German soldiers. If he was to inspect a garrison at some place, such as Morhange, he would board a train that did not stop there, and then, just before getting to Morhange, would have the train halted under an emergency signal he had ordered. Fined as he would be for having stopped a train, he would pay the conductor the regular amount of a hundred marks and then rush off to the barracks. On returning to Berlin he would insist on repayment of his hundred marks, turning the administration upside down until he got the money. Haesler was known to think a long time before spending a mark. In the war he sometimes wore a suit of clothes that he had bought thirty years before and a hat that his father wore in another century. Candor was his least liked trait and Emperor William had as much reason as any one to be aware of it.
Soldiers, according to Haesler, should eat very little. Eating he regarded as a bad habit. ‘March a lot, eat a little, and shoot all the time,’ was his motto. He made his own corps a model of efficiency, knowing none of the caste distinctions common among Prussians, and yet maintaining an admirable discipline. His personal ascendancy was absolute, a circumstance the more remarkable because of deformity and invalidism. Once in the saddle he seemed a part of the horse. He was indulgent to men in the ranks, but severe with his staff. Thus he reversed an order usual among Prussian military magnates, being considerate to inferiors, grim to equals, and merciless to superiors, not excepting the Emperor himself, whose “conceptions” he sometimes openly laughed at in conference with the general staff. Not many years before the war, he once ordered maneuvers near the town of Siereck, where many lines of trenches had been dug, and a blue corps was on the defensive theoretically for a whole week living on dry bread. On going his rounds, Haesler saw an improvised table, made from a plank and four sticks, around which several officers sat on boxes, eating sausage. ‘Do you gentlemen think you are in a lady’s boudoir?” roared Haesler, as he forced his horse against and over the table. ‘The Sixteenth Army Corps is not a school of domestic manners,’ he added; ‘it is an institution that teaches trench life.’ Not daring to offer an apology, the offending officers, when the old man disappeared over the brow of a hill, were said to have vented their feelings in a single untranslatable word: ‘Heligkreuzkanonenbombengranathageldonnerwetter-elementnocheinmal!’
Between this old man and the one-time heir to the imperial throne there long existed warm affection. Alone among marshals, Haesler took seriously the conception attributed to the Crown Prince that Verdun was the true German objective in 1914. Stories were current of the fury with which he had received the decision of the General Staff in August, 1914, to make the rush toward Paris through Belgium. The road to Paris, he believed, lay through Verdun. On the basis of a common purpose before Verdun he and the young Prince were in firm alliance. The long and futile drive of 1916 was believed to be an expression of the very soul of Haesler. The grimness of the fray, its implacable continuity, its steady hail of projectiles, its stern unyielding advance, its disdain of all cost as well as the enthusiasm of the attack — these manifested the mood of Haesler in war. In great contrast as a man to the Crown Prince who was gentle, smiling, boyish, and gay, Haesler’s devotion to the Prince illustrated the familiar attraction of opposites. Haesler never read a book, except the manual, and his favorite relaxation was the society of horses.
Alexandre-Gabriel Decamps, The Experts, 1837, National Museum Warsaw. Nassim Nicholas Taleb inveighs against the pseudo-intelligentsia whose excesses in America have resulted in the Trumpkin Jacquerrie.
What we have been seeing worldwide, from India to the UK to the US, is the rebellion against the inner circle of no-skin-in-the-game policymaking “clerks†and journalists-insiders, that class of paternalistic semi-intellectual experts with some Ivy league, Oxford-Cambridge, or similar label-driven education who are telling the rest of us 1) what to do, 2) what to eat, 3) how to speak, 4) how to think… and 5) who to vote for. …
The Intellectual Yet Idiot is a production of modernity hence has been accelerating since the mid twentieth century, to reach its local supremum today, along with the broad category of people without skin-in-the-game who have been invading many walks of life. Why? Simply, in many countries, the government’s role is ten times what it was a century ago (expressed in percentage of GDP). The IYI seems ubiquitous in our lives but is still a small minority and rarely seen outside specialized outlets, social media, and universities — most people have proper jobs and there are not many opening for the IYI.
Beware the semi-erudite who thinks he is an erudite.
The IYI pathologizes others for doing things he doesn’t understand without ever realizing it is his understanding that may be limited. He thinks people should act according to their best interests and he knows their interests, particularly if they are “red necks†or English non-crisp-vowel class who voted for Brexit. When Plebeians do something that makes sense to them, but not to him, the IYI uses the term “uneducatedâ€. What we generally call participation in the political process, he calls by two distinct designations: “democracy†when it fits the IYI, and “populism†when the plebeians dare voting in a way that contradicts his preferences.
Amateur photographer Ian Bremner, 58, was driving around the Highlands in search of red deer – but stumbled instead across the remarkable sight of what appears to be Nessie swimming in the calm waters of Loch Ness.
The father-of-four spends most of his weekends in the region taking photographs of the stunning natural beauty.
But it was not until he got back to his home in Nigg, Invergordon, that he noticed three humps emerging from the water which he thinks could be the elusive monster.
The picture shows a two-yard long silver creature swimming away from the lens with its head bobbing away and a tail flapping a yard away, preparing to swim further on.
The likely creature was spotted coming up for air close to the banks of the loch on Saturday afternoon midway between the villages of Dores and Inverfarigaig.
Hillary’s new campaign book has unaccountably been unfavorably received by the Amazon reading audience, gathering 83% 1-star unfavorable reviews.
But there was at least one astute reader capable of appreciating it. DB raves:
5.0 out of 5 stars This book is a key that unlocks doors to life!!,
September 15, 2016 By DB
What a fantastic book! I see that Amazon has this for under $20, but I paid slightly more. I bought this directly from the Clinton foundation for $3.5 million. Once I read this book it’s like everything in my life clicked. The state department released funds from an “associate” of mine who for some odd reason was mistakenly put on the terrorist watchlist. He then invested in my “housing development” project in Saudi Arabia. Also 14 of my relatives were able to get permanant resident status and my niece got a job at a US Embassy! I suppose I could’ve saved some money by buying the version from Amazon, but by buying directly from the Clinton foundation I got a special edition that is much thicker and has pages hollowed out for future “uses”. I hope this book has an audio version because I would love to pay for play…ing it.
Duffleblog: Admin Error Sends Bradley Manning to Death Row, Nidal Hasan to Gender Reassignment Surgery.
FT LEAVENWORTH, KS — An administrative error has been blamed for a mix-up in sentencing involving the cases of convicted Fort Hood shooter Maj. Nidal Hasan and Bradley Manning, the Army private convicted of leaking classified documents to the website WikiLeaks.
After sentencing concluded last Wednesday in Fort Hood, Texas, it was reported Hasan would undergo gender reassignment surgery and change his name from Nidal to Nahid Hasan. Nahid is an Arabic name meaning “one with full, round breasts.â€
Not long after it was revealed, the traitor formerly known as Chelsea had been transferred to death row where he awaits execution by lethal injection.
Leavenworth officials announced that both gender reassignment and execution have been approved by fiscal offices. Due to end of fiscal year funding constraints, changing these allocations will be too costly in the final quarter.
Sequestration and work furloughs were also cited as possible contributors to the errors, which are now fiscally and administratively impossible to correct. Administrative offices in Leavenworth were unavailable for comment due to a “training holiday.â€
Hasan, who had declined to speak on his own behalf previously, is reportedly now quite vocal concerning this turn of events.
“This is egregious,†the former Army psychiatrist said of the mix up. “I’m supposed to get 72 virgins, not turn into one. My mullah screwed me!â€
At press time, Manning was unavailable for comment, throwing a hissy fit in his cell. This despite fellow inmates having assured him they would still call him girls names.
The Guardian reports that earlier this month the second of Sir John Franklin’s ships was found, 168 years after its doomed expedition, perfectly preserved, on the bottom of the bay.
The long-lost ship of British polar explorer Sir John Franklin, HMS Terror, has been found in pristine condition at the bottom of an Arctic bay, researchers have said, in a discovery that challenges the accepted history behind one of polar exploration’s deepest mysteries.
HMS Terror and Franklin’s flagship, HMS Erebus, were abandoned in heavy sea ice far to the north of the eventual wreck site in 1848, during the Royal Navy explorer’s doomed attempt to complete the Northwest Passage.
All 129 men on the Franklin expedition died, in the worst disaster to hit Britain’s Royal Navy in its long history of polar exploration. Search parties continued to look for the ships for 11 years after they disappeared, but found no trace, and the fate of the missing men remained an enigma that tantalised generations of historians, archaeologists and adventurers.
Now that mystery seems to have been solved by a combination of intrepid exploration – and an improbable tip from an Inuk crewmember.
On Sunday, a team from the charitable Arctic Research Foundation manoeuvred a small, remotely operated vehicle through an open hatch and into the ship to capture stunning images that give insight into life aboard the vessel close to 170 years ago.
“We have successfully entered the mess hall, worked our way into a few cabins and found the food storage room with plates and one can on the shelves,†Adrian Schimnowski, the foundation’s operations director, told the Guardian by email from the research vessel Martin Bergmann.
“We spotted two wine bottles, tables and empty shelving. Found a desk with open drawers with something in the back corner of the drawer.â€
The well-preserved wreck matches the Terror in several key aspects, but it lies 60 miles (96km) south of where experts have long believed the ship was crushed by ice, and the discovery may force historians to rewrite a chapter in the history of exploration.
The 10-member Bergmann crew found the massive shipwreck, with her three masts broken but still standing, almost all hatches closed and everything stowed, in the middle of King William Island’s uncharted Terror Bay on 3 September.
C. Wallace DeWitt ’03 delivers a Swiftian analysis of the recent epidemic of Political Correctness at Yale.
Next year marks the 350th anniversary of the birth of Jonathan Swift. I was delighted, therefore, to see that our alma mater has embarked on a yearlong celebration of the great Anglo-Irish wit and author of “Gulliver’s Travels,†“A Tale of a Tub†and other classic works of the satirical genre. Yale has come in for a lot of harsh and unforgiving press these past few years, and unjustly so in my considered view. It is therefore very meet, right and our bounden duty to offer Yale our thanks when due.
Yale’s wry sense of humor has been in rare form lately. Reminiscent of Swift’s famous suggestion that Irish poverty could be alleviated by selling Irish babies for consumption by the rich, Yale has not shied away from vigorously lampooning the politically correct contretemps that have plagued lesser universities. (I’m looking at you, Harvard Law!)
Thus, we now have the delightfully styled “Committee to Establish Principles on Renaming†and “Committee on Art in Public Spaces,†names so patently outlandish as to make the Ministry of Truth blush. Hilarious! George Orwell is surely looking down on us with a chuckle from that great Catalonia in the sky.
And then there’s the whole “Heads of Residential College†bit, a subtle dig at fanatics who suggest that Yalies aren’t capable of distinguishing between (i) an abominable relic of antebellum oppression and (ii) an utterly inoffensive term in continuous academic use since the Middle Ages. Ha! You’re killing me, Yale, stop it already!
Some practical jokers in the English major have even gotten in on the act. Like latter-day Voltaires, they proclaim that the “Major,†the “English†and the “Poets†must henceforth be stricken from a course sequence entitled “Major English Poets.†Priceless! Just imagine the look on those incoming majors’ faces when they get a load of the syllabus for the new “Minor Non-English Prosaists†requirement. Have fun with your Bourdieu and Schlegel, kids!
I’m afraid, however, that Yale’s waggish humor has been lost on some of our more earnest undergraduates, who perhaps have drunk too deeply the vintages of New Haven’s Congregationalist city fathers. The rampant sardonicism on campus seems to have gone over the heads of these students (and even the odd faculty member or administrator). They are still more juvenile than Juvenalian, you might say. But hey, no judgment here, that’s all part of the process of education. No doubt even Leo Strauss didn’t suss out all the esoteric subtexts of Plato and Machiavelli on his first try. No one ever said that persecution and the art of writing came easy, what what?