Tuesday, January 26, 2021

The first order of "business" in preparing for Ivanka's political ambitions is showing those effing "poor people" how "real" people live


Sure, the Trump clan in the White House were just “regular” people working for you and me, as we see now with their practically non-existent Covid-19 response “plan” and Ivanka’s phony Pledge jobs program, which “trusted” corporations to retrain American workers for new skills, but who instead just laid them off and hired H-1B labor. But now it is all over, and it is time to go home, but not, apparently, to New York City, where the clan is mostly seen as out-of-step with reality and nobody really wants to be within sniffing distance of them.

So where is home? For Donald Trump, it is the Mar-a-Lago golf club and resort, although how long he is permitted to live there isn’t clear, as if he cares about contracts, the law or what the neighbors think. Don Jr. and his girlfriend are planning to move into an exclusive beach front property in Palm Beach County, where predictably no one is particularly interested in calling them neighbors. Eric Trump will apparently go wherever his wife wants him to go, since Lara Trump (an “adopted” Trump) is a North Carolina native and it is expected that she will run for the open Senate seat there in 2022. 

But who really cares about them? What about the pair who refused to allow their own Secret Service detail use one their four bathrooms in their rented DC home, which cost $18,000 a month (really just “trump change” to them)? The Mansion Global breathlessly tells us that Jared and Ivanka “have signed a deal to lease a condominium in Arte, according to a person familiar with the situation. Designed by Italian architect Antonio Citterio, the striking, pyramid-shaped building is considered one of the most luxurious new oceanfront developments in Miami’s Surfside neighborhood. It is also one of the area’s priciest: Its penthouse recently sold to a New York private-equity executive for $33 million, The Wall Street Journal reported.”

It goes on to say that “the 16-unit building has direct elevator entry with fingerprint recognition technology, deep wraparound terraces with Roman travertine ceilings, European white oak flooring and temperature-controlled parking spots. The building is full of amenities, including a 75-foot heated indoor lap pool, a private rooftop tennis court, a fitness center, a children’s playroom and a residents’ lounge. While there is 24-hour security at the building, the couple will be bringing additional security, according to the person familiar with the deal.”

But that is just their “temporary” housing; you can’t expect self-styled “royalty” to have live in a building with strangers. According to Realtor.com, Javanka have much bigger plans afoot:

“The young couple has bought a nearly 2-acre lot of land in Florida for the tidy sum of $31.8 million. ‘Javanka’ allegedly purchased Lot 4 on Indian Creek Island, an ultraexclusive area near Miami. Also known as ‘Billionaires Bunker,’ Indian Creek Island is widely regarded in elite circles as one of the most picturesque locations in the U.S., says Dolly Lenz, a real estate agent at the eponymous firm in New York City. Proximity to a well-established religious community was also likely top of mind, Jennifer adds, as this lot is right next to Surfside, Miami's largest Jewish neighborhood. ‘There are great schools and hospitals nearby, and it's the most peaceful, unassuming area while also being adjacent to business and entertainment hubs,’ Jennifer says.”

Here is an image of the lot in question, which the couple will obviously pay a few more million just to put something they consider “livable” on it:



One may wonder what exactly these two do to pay for all of this. It doesn’t seem exactly where Jared and Ivanka are making those multi-millions, although their most recent financial statement claims that they somehow made anywhere from $36 million to $157 million in 2019 while working so hard for the American people. It is not entirely clear how they “earned” all of this money; they are only required to disclose a fairly wide “range” in their public financial disclosures, and not precisely where it came from.

What information is available concerning their past financial exploits doesn’t indicate that either of them could make it on their own without being kept afloat by family money. It started early with Kushner, who got into Harvard after his father paid a $2.5 million donation/bribe to the school. Kushner bought a tabloid weekly, The New York Observer, with $10 million he claimed he “earned” himself by “closing” real estate deals when he was a college student; before you roll your eyes, it was the “family” who actually paid for the deals, and the money was given to him as a “graduation present.” The original editor-in-chief of the Observer, Peter Kaplan, said of Kushner’s business acumen “This guy doesn’t know what he doesn’t know”—the long way of saying he was a complete dolt in at least the journalism business.

Kyle Pope in the Columbia Journalism Review wrote that Kushner didn’t seem to have much respect for journalists—believing that they didn’t need to be paid because they were “interchangeable” and “easily replaced”—which seems to be an attitude he shares with his father-in-law. He goes on “While Kushner didn’t remotely care about the content of the paper, he cared desperately that it be seen as a financial success. While that is essentially every publisher’s job, his interest in turning the business side of the Observer around seemed rooted more in bragging rights than in any commitment to the paper itself. He also made it clear that, compared to his day job of buying and selling real estate in New York City, this journalism stuff wasn’t exactly heavy lifting; he treated it as a sort of annoying hobby.” Kushner also used the tabloid to “settle scores and reward cronies.” The Observer also was one of the few publications that endorsed Trump in 2016, and when Kushner joined the administration, who sold his interest to a “family trust.”

Kushner wasn’t exactly the brightest bulb in the real estate business, either. Again, he always played with family money. The infamous 666 Fifth Avenue fiasco saw Kushner purchase the building for $1.8 billion with mostly borrowed money. After the 2007-2008 crash, the tenant cash flow was not even enough to cover the minimum debt payments, and Kushner was forced to sell the retail space and sell off-half the building to another developer to stay afloat.

Ivanka has also been mostly a belly-flop as a “businessperson.” Ivanka Trump Fine Jewelry and fashion line were questionable enterprises right from the start, with Ivanka being accused of “plagiarizing” designs, using material with dangerously flammable properties, and off-shoring  manufacturing. After the 2016 election, retailers began boycotting her brand items until she officially got out of the “business” business to become a “public servant.” Her book Women Who Work: Rewriting the Rules for Success was not well-received, and dropped out of the New York Times Best Seller “How to” list after just two weeks. Ivanka was reportedly paid over $700,000 for “consulting” work which her father tried to write-off as a tax deduction, which is currently under investigation in New York.

So how are they making their millions? Last August Arwa Mahdawi in The Guardian admitted that it wasn’t exactly clear where the Javankas were making all that money which would pay for that Indian Island property. Apparently Jared and his brothers co-founded a real estate company called Cadre which was financed by—you guessed it, not his money, but by George Soros. Yes, that George Soros. Kushner apparently has a tidy sum locked-up in the venture, which he had “forgotten” to claim on his financial forms until recently. The company seems to thrive on “secretive” offshore investments by foreign players. “Nothing to see here,” observes Mahdawi.

Meanwhile, the investigative website CREW notes that while Ivanka’s jewelry and fashion line were officially closed in 2018, that doesn’t mean that she isn’t making any money from somewhere. Her financial statement for the year 2019 claims that she made up to $1 million from something called the Ivanka M. Trump Business Trust, which handles her “trademarks” from all over the world, which of course makes money on her “brand” just as “Trump” is a “brand name” that her father is paid a “royalty” fee for. But while most major retailers refused to sell her “branded” products by 2018, that isn’t true of Amazon, where you can find plenty of products bearing her “brand.”

It is suspected that either Ivanka lied about ending her businesses—which would bring about ethics questions—or she skims off money from other companies who products with her name on them, but she isn’t personally involved except to take in her “trademark” fee. The only thing that does seem to make sense about their financial report is that royalty income from sales of Ivanka’s book is listed as “none.” So perhaps we can surmise that Jared and Ivanka are paying the bills with money “skimmed” off their “share” of the family business. But one thing we do know is that they like living like they are of royal privilege, “special people” who are superior simply because they were born into money and everything they “earned” was whatever was left over from the money father and friends gave them to play with.

Still, that doesn’t mean that Ivanka herself doesn’t think she has something to sell to suckers. She may or may not “primary” Marco Rubio in 2022, which may explain his recent defenses of Trump against a second impeachment. But even if Ivanka has political ambitions, that would mean she would have go out and stump before people who are “fucking poor people” who no part of her “would be interested in this.” Can you imagine this phony announcing a Senate run—and, god forbid, and 2024 presidential run—and trying her best to conceal her contempt for the plebian masses? One suspects she would make this a “gendered” campaign because, well, she is a woman and she can at least “empathize” with that part of the human condition. But something tells me that it won’t be hard to expose her as a selfish narcissist who has no interest in anything but her inflationary ego, making pompous, empty-headed proclamations that are worthy of snickers and eye-rolls behind her back.

Or maybe by then, Ivanka will be just be too put-off by the idea that she might actually have to do real “work,” and daddy can’t just buy enough voters for her. With daddy facing $500 million in personal loans due and Deutsche Bank wanting nothing more to do with him except wanting their money back, and daddy’s little girl will have to do that white nationalist thing, that certainly will seem even more disturbing coming from her. Let's hope that she and Jared will "rediscover" that being pampered children is a lot more "fun" than being responsible to those effing "poor people" who actually expect them to "represent" their interests instead of making things worse for them.

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