Date: 2025-08-21 Page is: DBtxt003.php txt00028075 |
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THE SOCIO-ENVIRO-ECONOMIC SYSTEM (SEES)
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TrueValueMetrics (TVM)
Thoughts on how accountancy and economics
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TRANSCRIPT
SECTION 15
HOW ELITES REJECTED DONALD TRUMP AND CREATED THE MAN HE BECAME
Version 1 ... February 2025
- the education to do very much with their anger so they Bluster to you know over
- one too many beers you know these Canadians they are whatever you know it
- it normally would it wouldn't be taken as as much but when he
- blusters it validates their Bluster and that's his function I think
- that's what he doing he may be aware of I don't know if he's aware of it I might guess this he is you remember early on
- 1:51:06
- How Elites Rejected Donald Trump and Created the Man He Became
- in his career he liked to say I could go out on Fifth Avenue and
- shoot someone and people would still applaud what I'm doing he he stumbled onto
- a connection his own life and that of large numbers of people
- they vibrated together he was dismissed by the upper
- echelons of American corporate Society he was you know a gifted child that is
- the father left a lot of money to the kid his father who had real estate in
- Brooklyn and left the chunk of money to his son so the claim that he worked hard
- to make his money is silly and that was used against him a lot he
- 1:52:03
- suffered from that he's none too bright and so he didn't do very well in school or he is bright and he you know spent
- time grabbing parts of anatomy and drinking too much uh and so there wasn't
- much there he got out of the army by his b own
- Spurs doesn't look very good and the ruling Elites didn't there were his
- crudeness his he didn't learn at the University what so many people do how to
- act I had to learn that it was important to get a tweed jacket when I went to
- college it was important to get a tweed jacket with a leather patch over here
- whether I needed it or not I learn I learned how to speak if you think I
- speak well I did I learned how to my parents are immigrants they were not adepts at the English language I didn't
- 1:53:03
- speak English until I was five you know I spoke German and French um
- but I did learn a certain way of acting a certain way of presenting myself I
- don't think he ever did he was naughty in various ways as you grew up and was
- therefore an outsider and and bitter about it not able to break in you know
- um an associate you know his daughter marries the son of another real estate
- dealer who's in jail H this is not what is this this is very
- strange uh um so I I think he's
- belligerently angry at an establishment that excluded
- 1:54:04
- him and that gives him a solidarity with masses of Americans who are also bellig
- belligerently angry at another establishment that they feel rejects him
- and they get a lot of that and I don't deny that for a minute there are an awful lot of people
- who like Mr Hansen live in the world of the elites and and they feel one one
- group is problematic because they think they are the elites and the other group is problematic because they think
- they're oppressed by an elite I disagree with the analysis out of which both
- positions come I I have no idea what Elite
- means if if you're talking in the gener realities it's usually presented I don't know what what what it means people in
- California and New York work in different Industries have
- 1:55:02
- different communities and see the world somewhat differently than if you live in Arkansas or Tennessee I I get that has
- always been true in this country I don't you know recasting it as it's a game I I
- understand why you play it I understand the purpose of it I I don't like it cuz I know where it can go well may not go
- there I hope not but I know where that can go that's that's a little bit for me
- like listening to someone
- explain Larry Summers remember him he's been on the show okay he got himself
- into a lot of trouble yeah when he was the president of Harvard gave a speech where he explained
- why women can't do something science as well as men now in my humble opinion
- that's real stupid uh since I don't admire him I don't mind saying that's real
- 1:56:04
- stupid but it it lost him that position it hurt him
- badly uh but the interesting question for where would this come what are you
- doing what are even if you believe that what are you doing
- talking like that don't you have a you don't know enough about American culture
- to know that this day and age in this Society you can't do
- that right I mean it says something about you that you are way out of touch
- with the invi you know what it it's
- astounding that a that is the qualific ation to be bounced out of harbard not
- because you don't do economics not because you can't run Harvard and of course you can but this is a level of
- 1:57:04
- some word insensitivity obtuseness out of touch inness that really disqualified me
- Whoa by the way he said other things that you could also maybe you know them go after him about or it now it's
- possible I don't know him personally so but it's possible he's naughty too that
- there's a part of him that wants to be able to say such a thing and it leaked
- out he maybe wasn't all that careful I don't know I don't even know what he thinks about it in retrospect but it's
- another example of Wow and his mistake unlike
- Trump's Trump discovered the audience that responded positively
- poor Larry didn't he delivered that dumbness to the
- wrong audience in the wrong place at the wrong time and he got punished for it Mr
- 1:58:06
- Trump had he tried that Bluster up at Harvard would have been shot down you
- know or Yale or any of the other places no no he understood where he go look where he is
- now his base is the South part parts of the Midwest and those kinds of folks
- around elsewhere but he learned who his supporters were and he went there you
- know earlier he didn't understand that he earlier he was a Playboy in New York
- you know his excitement was going to the Playboy club his excitement was being a
- junior member of the rich in New York City he hated being Junior all the time
- which I get and the naughtiness was inre encouraged by that so he was
- angry about being excluded and then was NY which assured
- 1:59:01
- his exclusion and he was trapped in that contradiction without the ability you
- know I don't know if he can spell contradiction let Al use it analytically
- but as a as one of the Senators whose name I forget once said there is no
- intelligence requirement to be a senator yeah it's a good one well the the the
- Why Donald Trump Wants to Take the Panama Canal (And the Actual Best Reason to Control It)
- 1:59:26
- second of these rhetorical topics that I wanted to address you've already mentioned but I think it might also be a
- good opportunity as a throwback to some of our earlier more pedagogically focused episodes for a bit of a an
- economics or a trade lesson but what is the Strategic importance of the Panama
- Canal for us and why would Trump make the hint well they're not hint
- the claims about taking it as he has been well I can I'll give you the
Peter Burgess COMMENTARY
Peter Burgess
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