Episode Transcript
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0:07
Welcome. To tell Tell
0:09
us around here this
0:11
week door swung part
0:14
like. Hello!
0:27
And welcome to America to Britain's a total
0:29
of Rank and Adrianna Jamie. Job:
0:33
You were an audio podcast, what you've
0:36
just been I'm not go across, that's
0:38
fine, it's for you is his own
0:40
only for you is fine. I
0:43
I I don't not say we're
0:45
an eye grub I rob and
0:47
this is Totes House ranking ranking
0:50
asset wracking all of the President's
0:52
from Washington to buy done. And
0:54
this is episode forty five Point
0:56
One and I can't believe we're
0:58
actually here. It's the last one
1:00
will be doing a full episode.
1:02
While covering the for life of
1:04
it is obviously Donald Trump and
1:07
Jbg will explain what what you've
1:09
just done more than anything. if
1:11
it, what are you were Jamie?
1:13
I'm wearing my school plays. And
1:16
okay and a half is Nadia
1:18
podcast Robin a Hat you've just
1:20
got some all my our my
1:22
normal. White hat. The.
1:25
Has a smiley face on a yeah gonna
1:27
that's to say yet or of I'm guessing
1:29
this is you not wanting to admit that
1:32
you know he owner of a red face
1:34
woke up yeah yeah it. To
1:37
the i got it from a joke site. I'm
1:40
I didn't order from yeah
1:42
of what was it made
1:44
Her sausage not made America's
1:47
largest made in P R
1:49
P People's Republic of China
1:51
so it could be an
1:53
authentic Mack A. Hot. Them because
1:56
that's what I got. It
1:58
has. Take her seriously. The
2:00
from a joke shop while just
2:02
like an online Jt singer, Interesting.
2:04
Interesting. Anyway, we should probably start
2:06
Day Mates because wow here we
2:08
are. It's it's Donald Trump were
2:11
added it ends well. Let's let's
2:13
do an intro sally What Woah
2:15
Woah! Starting with to zoom in.
2:18
On. A guy sing in a wheelchair and a
2:20
know this is not pie upside he I know
2:22
it won't be. I can be just sitting in
2:24
a wheelchair. Peace. He's holding up
2:26
his a little blue flag with name on
2:29
conquest suit as is what since he they.
2:31
Suddenly he just pauses, he drops the
2:34
flag, his mouth open the just screams
2:36
like you know what I think that
2:38
can be the intro Okay to say
2:40
is just him scream when it comes
2:43
comes up with Donald Trump. Accept
2:47
that acts as a similar effect.
2:49
A separate. Have
2:52
to do you want to elaborate on
2:54
that? It's not just a guy screaming,
2:56
just a guy screaming. look of horror.
2:58
Can't control it. Oh well. Here here
3:00
here we go. Before. Before we
3:03
jump him to Donald Trump it
3:05
just say at the start I
3:07
am determined keep this to three
3:10
episodes. Guess.
3:12
A lot happens with Trump. Yes, it's
3:14
a very convoluted time in American history,
3:16
but you can't argue with any more
3:19
convoluted than say the Civil War or
3:21
the Revolutionary period size. And yeah, I
3:23
don't think we spend more than three
3:25
episodes on Trump. We've increased the number
3:27
of apps as recently because as more
3:30
information that modern people but I get
3:32
I really don't want to go beyond
3:34
three episodes. but as be honest that
3:36
is an insane amount cover as we
3:38
go over the life of one of
3:41
America's most controversial presents. From but
3:43
I'm gonna be up front. With.
3:45
Everyone had This has been up all a
3:47
hard episode to put together. the I knew
3:49
it. What they always you it was can
3:51
be A because Trump goes out of his
3:53
way to hide his past. Pretty
3:56
much everyone else you can read
3:58
biographies written by. People who know what
4:01
they're talking about. People who have studied these people
4:03
for years. You could have read the author the
4:05
day or up as the hell are go into
4:07
that in a bit of an and more modern
4:09
ones like Obama that was more tricky. Fewer people
4:11
have written books about him yes but I did
4:13
have some of his work and I that they
4:15
were some act. In.
4:18
Trouble with Trump though is he has gone out
4:20
of his way to hide his past and. To.
4:23
Put it bluntly: He. Learns about
4:25
that is just a fax whether you
4:27
agree with his policies or not. As
4:29
a President, He. Lives a lot
4:31
and that is just true for it, but
4:33
it's always been to with him, so trying
4:35
to look into his past is sometimes quite
4:37
tricky. Many ways it's been hard at find
4:40
out about the past of Trump than say
4:42
London. Because. You
4:44
never really sure what's going on a what's true
4:46
from. Said just being
4:48
a man's some things that we took off
4:50
date may may not quite be right because
4:53
it's hard to pin down and also that
4:55
a lot going on so I will be
4:57
missing things. That. Will be things
5:00
you think all well and deafening.
5:02
Mention this anti Bush right past
5:04
them just because as too much
5:06
camilla. But all about disclaimer Out
5:08
way let's begin shall we not
5:10
with Donald Trump but his Grandfather
5:13
To Grandfather Trump. Do you know
5:15
anything about Grandfather Trump? Am German
5:17
ancestry yet modern Germany Bavaria we're
5:19
talking about? This is Friedrich Trump.
5:21
Friedrich was born in eighteen Sixty
5:24
Nine and Kingdom of Bavaria and
5:26
an Eighteen Eighty Five. He emigrated
5:28
to. The United States to live with
5:30
his sister. still got over couple years
5:32
before going to got that he changed
5:34
his name to Frederick fit in that
5:37
slightly more common thing that the immigrants
5:39
three he got work to the baba
5:41
when he got that and he saved
5:43
up all his money and then and
5:45
eighteen mighty warm he moved to the
5:47
brand new states that have just been
5:49
created Washington Fact: what can see where
5:51
facial hang out knife I do I
5:53
Once he was in Seattle he opened
5:56
a restaurant/bar/brothel him at Bloodlines back them.
5:58
that he was doing well When
6:01
the Klondike Gold Rush happens,
6:03
this is when gold
6:05
was discovered up north in the
6:07
Yukon region, up in Canada area.
6:10
This is weird shiny metal, yellow
6:13
south ridge. So Frederick Trump
6:16
decided to go and run a hotel
6:18
slash brothel on the trail up north.
6:20
This was called the Arctic. That's
6:22
what I knew around. Essentially, in
6:25
my head, I'm imagining Al
6:27
Swearigen from Deadwood. That
6:29
in my head is now Trump's grandfather.
6:32
He is just running
6:34
a seedy bar slash brothel. In fact, I
6:36
will quote a description of the bar at
6:38
the time. I will quote
6:40
here, The single men, the Arctic,
6:42
has excellent accommodations, as well as
6:44
the best restaurants in Bennett. But I
6:46
would not advise respectable women to go there
6:49
to sleep, as they are liable to hear
6:51
that which would be a pungent to their
6:53
feelings, and uttered to
6:55
by the depraved of their own sex.
6:57
Fair enough. So if
6:59
you're a single man passing through, swing by, you
7:02
probably enjoy yourself. Yeah. But
7:04
apparently, yeah. Not for the ladies, but for
7:06
the girls. Not for girls. Yeah, unless they worked now.
7:08
There we go. Frederick Trump
7:11
became rich off
7:13
the brothel, essentially. That's where Trump money comes
7:15
from. Married a woman
7:17
called Elizabeth, and he moved to New
7:19
York. And the two of them had
7:22
a son called Fred, and a couple
7:24
of other children that I'm not going to go into
7:26
for time reasons. Frederick used his money
7:28
to buy up land in the rapidly grown
7:30
city of New York. However, just over 10
7:32
years later, he died of pneumonia, or the
7:35
Spanish flu I saw too different. Yes. So
7:38
there you go. He's dead. The family
7:40
company was held by Elizabeth until the
7:43
younger Fred, now in his twenties, took
7:45
over the family business of buying land
7:47
and building houses upon it. So
7:49
they are getting into the real estate
7:51
business. He expanded the
7:54
business considerably, building thousands of
7:56
homes, And was soon one
7:58
of the biggest names in housing. In
8:00
the city he wasn't like famous
8:02
or anything but you were in
8:04
the construction business. He knew the
8:07
name Trump back Now it's main
8:09
method of making money was to
8:11
get money from government housing schemes
8:13
to build houses and then he
8:16
would overestimate the costs to their
8:18
hold on purpose and then spend
8:20
that money on other projects. So.
8:24
I mean. But
8:29
it was fine because no one calls
8:31
him that much. sort of like a
8:33
few people you want to cause few
8:35
times but hey you have money in
8:37
it. Was able to deal with it
8:39
at I'm His Biggest achievement was guessing
8:42
in with the Madison Club crowd don't
8:44
know a lot as well Madison If
8:46
this was the time in New York
8:48
where it was rammed by the Democratic
8:50
party machine as with same and the
8:52
Mask and Club was an exclusive club
8:54
that these political machine members were part
8:57
of sub group of elites in the
8:59
city, Fred Trump had ingratiate himself with
9:01
these people building homes for them in
9:03
their neighborhoods. So the political frenzy made
9:05
it this time to see the Trump
9:07
family through the rest of his life
9:09
and his son's life. To.
9:12
Some all of that up. The. Money
9:14
came from grand have running a
9:16
brothel essentially and some other businesses.
9:18
to be fair to political connections
9:21
come from the dad who managed
9:23
to get right with with hello
9:25
Politicians. Foods
9:27
and Hi Group and he he was
9:30
building houses in thousands. He and his
9:32
Scottish wife Mary started to have children.
9:35
Attitude girls and boys Marianne for Jr
9:37
and Elizabeth. they have their
9:39
second son donald is born in
9:42
nineteen forty six had two years
9:44
later they would have the final
9:46
child roberts rafol the trump on
9:49
said showed very little interest in
9:51
raising his children fairly typical of
9:53
the time with seen this before
9:56
according to some family members however
9:58
he was sociopathic in his levels
10:00
of lack of empathy. This
10:02
apparently wasn't usual father figure just
10:04
not paying attention to the children.
10:07
Apparently it went even further. I
10:09
found one example. Nine months
10:11
after giving birth to Robert, Mary,
10:14
so the mother, was rushed
10:16
to hospital when the eldest daughter
10:18
Mary Ann found her mother unconscious
10:21
and bleeding. So Mary was rushed
10:23
to hospital. The last birth
10:25
of Robert had resulted in
10:28
severe complications. Now Fred
10:30
used his political connections to get Mary
10:32
rushed to the Jamaica hospital where the
10:34
best doctors were working at the time.
10:36
After several hours he received a
10:38
phone call from the hospital and
10:40
then called his eldest daughter into his office.
10:42
So Fred has stayed at home and the
10:44
children are still at home. Mary's
10:47
in the hospital. And Fred calls
10:49
the eldest daughter Mary Ann into his
10:51
office and said to her and I
10:53
quote, they told me your mother won't make it through the
10:55
night. Go to school tomorrow and
10:57
I'll call you if there's any change. But
10:59
yeah. Yeah. Then
11:02
he left for the hospital leaving his
11:04
distraught 12 year old behind. Yeah.
11:08
Mary actually pulled through the night. She
11:10
didn't die. Mary Ann found this
11:12
out the next day when halfway through the
11:15
day she just was told to go to
11:17
the principal's office because there was news. So
11:20
she had to walk through the school assuming she was
11:22
about to be told her mother was dead. But
11:25
she was actually told good news. However
11:27
her mother was very ill and
11:29
spent a long time in surgeries never
11:31
fully recovered. Now there was several
11:33
stories about Fred like this. Apparently Fred
11:36
was very very distant and
11:38
really struggled to communicate with
11:40
his children. Yeah. Yeah.
11:43
Sort of walk in. How is
11:45
my. How is she. How is she. Oh
11:48
I don't know. Yeah.
11:50
Dead probably. Yeah. He
11:53
just clearly did not know how to communicate
11:55
with his children. Now I can't find any
11:57
examples of how he treated Donald because it's
12:00
Again, these stories have been hushed off,
12:02
but I'm guessing if that is the
12:04
way he deals with his
12:06
wife dying, or almost dying, and relaying that
12:08
use to the eldest sister, I'm guessing it's
12:10
going to be fairly similar for all the
12:12
other children. Yeah. Anyway,
12:15
because Mary was so ill,
12:17
it was actually Mary Ann,
12:19
who, the eldest sister, who was
12:21
looking after the little baby Donald. He's three
12:23
years old at this point. And soon enough,
12:25
Donald is off to school. Hurrah! After
12:28
school he goes. School was a
12:30
small private school which would send a
12:32
limo to pick up the trumpets and
12:35
others in the neighbourhood to go to school
12:37
each month. The family... A
12:39
limo? Yeah. The family are doing
12:41
well. Yeah, I'd say so. His
12:44
first teachers describe Donald as a little
12:47
jolly boy. That's one of his first
12:49
teachers. That's nice. But after a couple
12:51
of years at the school, things
12:54
were not going so well. Donald
12:56
was often involved in fights and
12:59
teasing other children, mostly younger children.
13:01
That's so out of character. Well,
13:04
we'll see. However, Fred
13:08
was on the school board. So all
13:10
of this was overlooked. You
13:12
can't chuck the kid out, not when
13:14
the father's on the board. And at home things were
13:17
not going great. Donald is seven
13:19
years old now, and he had started
13:21
bullying his little brother Robert. He
13:23
started hiding his toys and breaking them and
13:25
calling him names. One
13:27
day it became so bad that the
13:30
elder brother Freddy, in order to stop
13:32
Donald, dumped a bowl of mashed potato
13:34
on top of Donald's head. Oh,
13:37
that's an image. Much to the amusement of
13:39
all the other siblings, they all found it
13:41
hilarious. Donald was furious
13:44
and apparently never had a
13:47
good relationship with his brother Freddy from that
13:49
moment on. Because Freddy's the older brother that
13:51
died of alcoholism, isn't he? Yes.
13:54
Donald always... Donald Trump.
13:56
Always very fondly Of
13:59
him. Bobby's. And I'm
14:01
guessing out yet as others sweat when
14:03
I say didn't get on the i
14:05
mean the site that was there was
14:07
a flat. she was relationship. I do
14:09
they yeah I'm not saying it was
14:11
all out war between them to that
14:14
Did this story incidentally was brought up
14:16
in an anecdote not many years ago
14:18
by one of the sisters. one or
14:20
Kaplan Trump was that and apparently had
14:22
a face like I'm the one the
14:24
story was being relayed. He did not
14:26
like a memory at all. He was
14:28
unable to laugh off the started. Tank
14:31
from his by mount when nuclear
14:33
bullied me. Anyway, back to school.
14:35
Things will not improving. Donald had
14:37
started arguing with teachers and full
14:39
on bullying the other children in
14:42
One School members pulled French to
14:44
one side and recommended military school.
14:46
But we can't ignore this anymore.
14:48
Your child is being very badly
14:50
behaved. Any other child would have
14:52
been kicked out. Can you please
14:54
take him to military school yet
14:56
so we don't have to deal
14:58
with the setting off. A
15:01
By this point it was I'd have to
15:03
admit that was a problem here. He can
15:05
turn a blind eye to anymore Donald were
15:07
acting else he just was so he was
15:09
told you're going to military school We have
15:11
not. He was not happy
15:13
about this at all. He hated the
15:15
idea of being sent away from home
15:17
at the age of thirty him, but
15:19
he had no choice away. He goes
15:21
to the New York Military Academy, which
15:24
was referred to by his siblings as
15:26
the Reform School. Donald felt like he
15:28
was being punished and because it was
15:30
very clearly not behaving well enough. You're
15:32
going to military school when it is
15:34
a punishment isn't it? Yeah, well, who
15:36
knows. Maybe the speed of the making
15:38
of and made it out and so
15:40
does our. Whole new
15:43
character from shall I Was pleasantly
15:45
scold. Very different as you can
15:47
imagine. Yes, he has been
15:49
living a very very privileged life where he
15:51
can do what he wants. His daddy's on
15:54
the boards, he can shouted as teachers. All
15:56
of a sudden everything is very regimented and
15:58
there was no way he was. to
16:00
get away with teasing the other kids
16:02
anymore. However, he wasn't completely abandoned. Don't
16:05
think that the family just went off you
16:07
go little Donald Fenn for yourself. You're
16:10
being punished. Fred went to visit
16:12
him every single weekend. So he
16:14
did see his father regularly, but
16:17
his mother mostly didn't go.
16:19
Remember she's very ill and she's not very well.
16:21
So his relationship with his mother just wasn't
16:24
as close back then as far as I
16:26
can tell. Again, it's hard to read into
16:28
these things because there's very little information on
16:30
it. But he was talking to
16:32
his dad regularly at this point. Now
16:35
despite hating it at first, the military
16:37
school did seem to do Donald some
16:39
good. He paid far more attention
16:41
in class. He joined him with
16:43
sports, particularly baseball. As far
16:46
as I could tell, he had few friends.
16:49
But again, Trump has gone back and made sure
16:51
no one ever talks about his past by threatening
16:53
to sue them. So his classmates don't talk about
16:55
him. And believe me, there'll be many journalists try
16:58
and find out this stuff and they just can't.
17:00
They keep hitting the brick wall. But
17:02
as far as I can tell from things I read,
17:04
he seemed to mostly keep to
17:06
himself. Meanwhile, Fred was trying to
17:09
get C.D. into the family business
17:11
and the older brother. It was not going
17:13
well. Freddy, significantly older than Donald, was a
17:15
full adult by this point, and he had
17:18
trained to fly. And he wanted to be
17:20
a pilot. He could fly
17:22
in the air. I'm excited. So I
17:25
get to wear those goggles and the leather hats. Leather
17:27
hats? Yeah. Yeah. Leather coat. Leather coat.
17:30
Yeah. Yeah. The goggles. Big gloves. Big
17:32
gloves. Yeah, exactly. Fred was absolutely disgusted
17:34
by the idea of his his out
17:37
at some becoming a glorified bus driver.
17:39
No, you need to
17:41
be taking over the family business. One
17:44
day when Freddy placed an order
17:46
of windows for Trump construction, Fred
17:48
started shouting at his son for
17:50
wasting money in front of all
17:52
of the employees. Shouting
17:55
in our quote, Donald is worth 10 of
17:57
you. Oh, Yeah. Had
18:00
he had had enough of this and quit
18:02
and went off to from his to be
18:04
a pilot How this it and when have.
18:07
Been automatically still in the military
18:09
school so obviously his father him
18:12
that relationship has unfolded skunk by
18:14
the spots and is yeah, see
18:16
that Fred starting see Donald as
18:19
the heir apparent rather than fatty
18:21
interest have done by the time
18:24
he'd finished military school and he's
18:26
off to Fordham University. But suddenly
18:28
with no warning at all, he
18:31
got a placements in the very
18:33
exclusive Wharton School of the University
18:35
of Pennsylvania studying economics. So
18:38
yes Daddy clearly pulled some strings and
18:40
made sure he got into up at
18:42
the University Scientists and added a second
18:44
a business. It does make sense sick
18:47
I felt somewhat. Economics yeah exactly Yeah
18:49
as he you get into she said
18:51
is now thinking oh no hang on
18:53
and fees my again anything and it
18:55
pump mobile bet making multi stage and
18:58
had no thousand. We can see how
19:00
he didn't do very well at Boston
19:02
University. He struggled to fit in. I
19:04
do actually have a quote from a
19:07
classmate. Have you could see he was
19:09
cut difference. he was a non drinker
19:11
which was kind of where he never
19:13
smiled that was an air about and
19:16
not of noxious are offensive just distance
19:18
so he just kept to himself by
19:20
the sounds of things. didn't really make
19:23
many friends closely to the store. Drink
19:25
The answers for the died. That.
19:28
As parents before or not, he was never
19:30
never back down to maybe stuff like have
19:32
club at night. As far as our community
19:34
was ever big drinker. Yeah. Interested.
19:36
We do not know how Donald did
19:39
academically because he hath again later life.
19:41
He pointed to Sue the school if
19:43
I ever released his records so they're
19:46
probably tazi something. If he did when
19:48
I loud, he wouldn't be trying to
19:50
hide it. So presumably yeah, he did
19:53
not do well, but we don't know
19:55
how while he does not her. Also,
19:57
around this time Donald received a to.
20:00
I'm and from being drafted the
20:02
Vietnam was gonna. oh yeah and
20:04
Donald doesn't need to go now.
20:08
Officially it was bone spurs. Yeah.
20:11
Them is no evidence that case.
20:13
however. almost certainly his father cold
20:15
in a favor to stop his
20:17
son from being sensible. He had
20:20
just. Been. To military school
20:22
and he played sports whilst he was
20:24
there. There's nothing to indicate that he
20:26
was unable to do this, but like
20:28
I have says we have talked about
20:30
on this podcast before War is awful.
20:32
People don't like sending their children to
20:34
war. People trying get out of it
20:36
in various ways. Yeah, We
20:38
have seen. I wouldn't. Cut
20:41
it shouldn't. used his brains to get out
20:44
of it Bush used his wow to get
20:46
out of that even though technically it looks
20:48
like him because he is to serve just
20:50
and I didn't exactly set. Yes, the as
20:53
everyone's trying to get out of his draft
20:55
pick. Donald get it out of it because
20:57
of his father. Just just as busted Say
21:00
yeah. Anyway, as
21:02
startled graduates he finishes
21:04
university hand. presumably.
21:07
Not brilliantly, but was he wants.
21:11
To give the business yeah, you
21:13
gotta Alaska. They must take over
21:15
the family business And. Just.
21:17
That you know, there is a lot
21:19
of detail out there about Trump's business
21:22
deals. That. Something that Trump
21:24
is happy for people to talk about
21:26
his past. Yeah the off the deal
21:29
which I took that more in a
21:31
bit is all about his business deals
21:33
other than no other books where people
21:36
actually pull apart the out of daily
21:38
try find out what actually happens because
21:40
the artificial south publishing pasta so self
21:43
aggrandizing. Yeah exactly when Donald Trump admits
21:45
and south this is what he does
21:47
he have. He passed himself off and
21:50
the as him very well but. As
21:53
you can extrapolate from it things that
21:55
did happen and people have. If you
21:58
are interested in the business deals. Donald
22:00
Trump, or you can find information. This is
22:02
where I had far too much to sift
22:04
through, and I'll be honest, a lot of
22:07
it was incredibly dull. So I'm going to
22:09
skim through his business deals, just give you
22:11
a sense of the kind of stuff that
22:13
he was going to be doing at this
22:15
time. To begin with, he was made Vice
22:18
President of various companies that Fred Trump owned.
22:21
At 24, he was promoted
22:23
to President of Trump Management
22:25
over his brother, Freddie. Yeah,
22:27
Freddie not happy about this. Freddie, by the way, has
22:29
failed his career as a pilot, and
22:32
he's come back to work for the family
22:34
again. Did he do like a cheating Roddenberry
22:36
and crash every plane he went into? Possibly.
22:38
He crashed the plane into the Trump headquarters,
22:41
crawled out.
22:44
Not again. It just
22:46
keeps being pulled back. Yeah,
22:49
anyway, Fred saw something in his
22:51
second son. He realised that Donald
22:53
did not have the attention span
22:55
or ice detail that was needed
22:57
to run the company. But what
22:59
Donald did have
23:02
and had it in spades was
23:04
vision and attitude. And that can
23:07
go a long way in business.
23:09
So Fred
23:11
was more than happy for Donald to be
23:13
taking over that aspect of the business, hoping
23:15
that as he grew older, he'd get better
23:17
at the actual day to day running of
23:19
businesses. So Donald was ambitious,
23:22
very ambitious. He would often talk about
23:24
impossible feats that the company would achieve
23:26
one day. Fred liked this in his
23:28
son, figured that, okay, we can steer
23:30
him into achieving some great things. So
23:32
the plan was to send his son
23:35
into Manhattan and
23:38
get the company in there. They
23:40
didn't have any real estate in Manhattan
23:43
at this point. And Manhattan obviously is
23:45
the gold standard in real estate. So
23:47
let's see if we can get him.
23:49
And essentially Donald's job to begin with
23:51
was just to scope out properties. Just
23:54
look around, where could he buy,
23:56
meet with people, discuss possible business
23:58
deals. Since tick-along pretty
24:00
well to begin with, the Trump
24:02
company stuck to Brooklyn as none
24:05
of Trump's leads went anywhere to
24:07
begin with, but they're still making
24:09
lots of money through house building.
24:11
As ever, the same model is
24:13
happening here. They are overcharging the
24:15
government for housing funds, not
24:17
using the money on the houses, and
24:19
then spending that money to get into
24:22
different deals. So
24:24
they just keep building up their wealth that
24:26
way. This however did catch up with the
24:28
company in 1976, where
24:30
Fred was arrested in handcuffs. Some
24:33
of his properties were found to be
24:36
breaking so many laws that they were
24:38
officially deemed as slums. So the Trumps
24:40
are now slum landlords. They have these
24:42
properties, they are not in any way
24:45
looking at them whatsoever. They are falling
24:47
apart. However, the arrest goes
24:49
nowhere. The Trumps win. Rent strikes
24:52
then occurred in some of the Virginian
24:54
properties that the Trumps owned due to
24:56
a lack of basic things such as
24:58
hot water. So they're in apartments and
25:00
just didn't have hot water. And they
25:02
weren't fixing it. And it's almost a
25:04
basic right, isn't it? Well, yeah. Anyway,
25:06
Fred and the lawyers spent time dealing
25:09
with all of the legal troubles that
25:11
the company was in. Donald, however, had
25:13
little to do with this, apart from
25:15
the time that he met with one
25:17
of the tenants' lawyers. Sorry, the tenants'
25:19
lawyers. So the tenants are bound together
25:21
to the company
25:23
of a lack of basic amenities. And
25:26
they'd hired this lawyer. Donald entered the
25:28
room, which had the tenants' lawyer called
25:30
Buzz Gilbert in it. Great name. It's
25:33
a really good name, isn't it? Buzz Gilbert. Anyway,
25:36
so you've got Buzz Gilbert representing the tenants,
25:38
and then you've got the Trump company lawyer.
25:40
Don't need to know his name. Anyway,
25:43
Donald entered the room. He
25:45
told his own lawyer to sit down and
25:47
shut up. And then he put his arm
25:50
around Gilbert and said, and
25:52
I quote, Buzz and I are going to settle this
25:55
thing. Gilbert, taken
25:57
aback by this, stepped away and
25:59
said... said, my name is Mr. Gilbert,
26:02
and I'm going to speak to your lawyer.
26:04
Trump brushed this off, lift the room and
26:06
let the lawyers talk. But it's what
26:08
happened next that's interesting, and I think
26:11
sums up Trump's personality quite well at
26:13
this time. Buzz Gilbert, later on that
26:15
week, got a call from Donald, essentially
26:17
saying, I liked the way
26:19
you handled yourself there, we want to
26:21
retain your services. Gilbert,
26:24
confused, asked for a stupidly high
26:26
price. It's like, okay, well, pay
26:29
me this much to be on
26:31
the table. Trump agreed immediately. No
26:33
haggling whatsoever. It's like, yeah, fine.
26:35
Gilbert was hired for a year,
26:37
paid, and never did any work
26:40
for the Trump organization. So
26:42
essentially uses money as clout. It
26:45
was to save face. Trump went in there,
26:47
was unable to show me up to the
26:49
other lawyer. But that makes it seem like
26:52
he's lost. But if he then pretends that
26:54
it was all part of a test, a
26:56
little bit into view almost, well, actually, I
26:58
liked the way you did that. And now
27:00
I'm going to give you a job. It
27:03
puts him back in charge again, doesn't it?
27:05
It saves face. No longer feels
27:07
like he lost that conversation. Yeah, I hadn't thought
27:09
about that. That's really interesting. Yeah. And I
27:12
didn't find many snippets of him like actually
27:14
talking in his past, but I came across
27:16
this one. It's like, oh, okay, that's interesting.
27:18
And it does match with what we know
27:20
what he's like later on in life, where
27:22
he leads to win. If he feels like
27:24
he's lost, he is very angry. So yeah,
27:27
you get feeling he was like that at
27:29
this early age. He's still in his mid
27:31
20s at this point. Yeah. So yeah, he
27:33
was like that way back then. Anyway, by
27:35
now he is living in Manhattan. He is
27:37
still searching for new properties. It still hasn't
27:39
worked out. But he was asking to make
27:41
some connections. On one point, he
27:44
started using his father's connections to
27:46
their full potential. Donald started to
27:48
develop his own using these connections.
27:50
The most important connection in his
27:52
life was formed around this point,
27:54
because this is a man called
27:56
Roy Cohn. Roy Cohn is was
27:58
a well known millionaire
28:00
fixer in New York. He
28:03
soon became like a second father figure
28:05
to Donald. Now, Cone was
28:07
the chief counsel to none other than
28:10
Joseph McCarthy, when all that was
28:12
going off, as in McCarthyism. Cone
28:16
played a major role in all of
28:18
that. Let's just pretend we've got a
28:20
list of names of commies and the
28:22
government to try and scare people. So
28:25
he's deep in all of that. Cone
28:27
also has ties to the church
28:29
and the mafia, and generally
28:32
was the stereotypical sleazy New
28:34
York lawyer who was incredibly
28:37
well connected. Apart from
28:39
his connection to Trump, he represented Murdoch
28:41
a lot in the 1980s. So
28:43
I'm jumping forward a bit here.
28:45
He pushed Murdoch's rise in the
28:47
media landscape of the country at
28:49
the time. Skipping ahead even
28:52
more, Cone was finally disbarred from
28:54
being a lawyer when he was
28:56
caught entering a dying patient's hospital
28:59
room and literally forcing a pen
29:01
into their hands, changing the will
29:03
of this dying patient to give
29:05
himself money. This is the kind
29:08
of person we are talking about
29:10
here. Oh, he's a knob.
29:12
I would like to go into all the
29:14
reasons why he is an awful, awful man.
29:16
We don't have time, just know he clearly
29:19
lives in a volcano. Jackson's
29:22
volcano has been redecorated, made him
29:24
worse. By the way, again, skipping
29:26
way ahead, but when this
29:28
went to a hearing for his disbarment,
29:30
Trump turned up as a character witness
29:32
for Cone. What a good guy he is.
29:36
Anyway, like I say, that's in the
29:38
future. I just want you to know what kind
29:40
of person Roy Cone is. And
29:42
he is now the biggest role
29:44
model in Trump's life. So shortly after
29:47
they met, Donald hired Cone
29:49
to represent the company. The
29:51
Justice Department were charging
29:53
the Trumps of racially
29:55
discriminating potential tenants. There
29:58
have been some reports, shall we say, Reports
30:00
of doorman turning back black applicants
30:02
at the door and also four
30:04
different rental agencies working for the
30:06
trumps admitted That they had race
30:08
codes for certain buildings It
30:11
wasn't that they weren't allowing black people
30:13
to live in their buildings if they
30:15
got applicants from black people They could
30:17
only live in certain buildings. They were
30:19
segregating their tenants. That's what they were
30:21
doing I mean, that's not good
30:23
luck. Is it? Oh, it's not a one
30:25
staff member in one of the properties said
30:27
that the instructions like this came straight From
30:30
Fred Trump and that it was his job
30:32
in the company as in the person who
30:34
reported this to and I quote Decrease
30:37
the number of black tenants, right?
30:39
Yeah, it seemed fairly clear cut
30:42
here Anyway, the government was
30:44
willing for the trumps to simply change
30:46
their rules change change your rules start
30:49
doing it correctly We'll let this one
30:51
slide. Yeah, but after talking to kun
30:53
Donald decided they should treat it. We're
30:55
not doing anything wrong Our
30:58
buildings so come suggested why don't
31:00
we count to sue the government
31:03
for one hundred million dollars? form
31:06
Reasons I'm sure they came up with something. This
31:09
was understandably left out of court
31:12
immediately And after
31:14
a year or so of tying up
31:16
the court's time the Trump company settled
31:18
the case and they changed their laws
31:20
However, the trump did not have to
31:22
admit to any wrongdoing Number
31:25
20 year old Donald trump loudly announced
31:27
that they had won the case Despite
31:30
the fact they hadn't again. That's
31:32
so out of character. I couldn't imagine Donald trump
31:34
doing that But I mean you
31:36
could argue for him. They had one. He genuinely
31:39
saw this as a win He was headline news
31:41
for a while wasn't his father who was in
31:43
charge of counter sowing It was him so he'd
31:45
actually like hit the press people were talking about
31:47
him and oh he enjoyed that The
31:50
change in some poxy laws that the company
31:52
didn't really plan to follow. Anyway didn't mean
31:54
anything to donalds I don't care.
31:56
We probably won't do that. Anyway, in fact, they didn't
31:59
because a year later It was found
32:01
they had changed nothing at all and
32:03
there was still doing it. So if
32:05
they were dragged back to cause again
32:07
come with their crime that the Trump's
32:09
were being unfairly treated again this laughed
32:11
out of told the evidence of so
32:13
obvious that they were actually discriminating from
32:16
and again the Trump company said oh
32:18
wow will mend always so they have
32:20
been. Love Donald have finally found a
32:22
place to invest in Manhattan that was
32:24
his shop for member he's got summer
32:26
actually several. I'm simplifying this a lot
32:28
because there are many business. Deals start
32:30
to happen all at the same time and
32:32
they all take different times to complete. This
32:34
is a cute. Ones
32:37
One the main ones you got this
32:39
time was the old Commodore Hotel in
32:41
in Manhattan. It was falling apart in
32:44
an area right for me developments. Now
32:46
the Mayor of New York and friends
32:48
were old friends and through this with
32:50
Donald got to know the new man
32:52
at the city Utah Matter night and
32:54
through all this he was able to
32:56
get some very generous tax cuts on
32:58
what he's doing Trump and. Hyatt Hotel
33:00
went in together to fully refurbish the
33:03
building. This was the first of his
33:05
major projects although black say over the
33:07
going to follow an overlap you soon
33:09
developing a look through tower block in
33:12
the half the city that would be
33:14
called Trump Tower. I heard of his
33:16
ass and he has his sights on
33:18
a casino in the Atlantic City. In
33:21
the meantime he was distracted because he
33:23
had met someone and that is a
33:25
manual sprinkle my A how these who
33:28
met his you'll be shocked to. know
33:30
unknown that because trump keeps telling so
33:32
many different versions of the truth as
33:34
got lost we just don't know anymore
33:36
it would seem that it was an
33:38
event linked to the montreal olympics and
33:40
fat keeps popping up in various stories
33:42
about he was born to a check
33:44
at father and an austrian mother and
33:47
she had skied for the checked national
33:49
team as users use good of but
33:51
she hadn't quite made it onto the
33:53
olympic team her but she was still
33:55
very good at it despite not making
33:57
onto the unpick team trump often introduced
33:59
her to friends as an Olympic
34:02
skier. To the point where most
34:04
people thought she genuinely was an Olympic
34:06
skier, but she wasn't. She
34:08
would love that because I think if you're close to getting
34:11
on the team that is still very impressive. Oh
34:13
yeah. Yeah, very good skier. What
34:16
she was doing at the time was
34:18
modelling in Canada. Donald immediately took to
34:20
Evania. She was a blonde model with
34:23
an exotic accent. It was exactly the
34:25
kind of thing that he was looking
34:27
for. They soon start seeing each other
34:29
and he starts boasting to everyone he
34:31
knows about her. However,
34:34
he was worried. Was Evania
34:36
just with him for his money? Was
34:39
she a gold digger? It is
34:41
a fair question to ask. Well, his mentor,
34:43
Conan, told Donald essentially yes. Don't
34:45
marry. Yeah, what are you doing getting married?
34:47
You don't want to get married. It's a
34:49
waste of time. But if you insist
34:51
in getting married, make sure you've got
34:54
a very strong prenup. So shortly after
34:56
proposing, negotiations take place. Which
34:59
is... Unless it's still. Yeah, everything
35:01
has turned into business transactions, even
35:03
getting married. Because from our perspective,
35:06
prenups are not really much of
35:08
a thing in the UK. I think
35:10
unless you're absurdly wealthy. Yeah,
35:12
exactly. I mean, it's certainly... Yeah, basically it's
35:14
just we don't live in a culture of
35:16
prenups in this country. I'm getting absurdly wealthy
35:18
people. Maybe do have them. But if they
35:20
do, they are not talked about. It is
35:23
almost like a shameful kind of, oh, we
35:25
didn't believe in our marriage kind of thing.
35:28
Oh, that's so American. I get the feeling
35:30
that in America it's seen as slightly more
35:32
socially acceptable to talk about. Yeah. Because
35:35
they are not called this. Yeah. But yes, no,
35:37
I admit from my perspective,
35:39
prenups seem strange. But you cannot see
35:42
it when there's a lot of money
35:44
involved and you're worried that you're getting
35:46
married to a gold digger. Anyway, negotiations.
35:49
One early draft from Donald and
35:51
Cone, because they're working on this
35:53
together, has that Evania would return
35:56
all gifts given by Donald should
35:58
they divorce. Like, literally every day. anything. Anything
36:00
he ever gave her. She would have to
36:02
give back. This paperclip,
36:04
get it to the list. Exactly right.
36:07
And it was horrified by this, and
36:09
quite angry. She was expecting just a
36:11
straightforward down the line, okay well, yeah,
36:13
prenups. They happen. But no,
36:15
this seems almost like she was
36:17
being had a go at already. She
36:21
was so angry and so annoyed
36:23
by it, Donald hastily dropped a
36:25
new prenup. She could now keep
36:27
any clothes and expensive gifts. That's
36:29
fine. And also she would get $100,000 just
36:33
as a sort of handshake goodbye, which
36:36
is a lot of money, but it is
36:38
a drop in the ocean for
36:40
the Trump. He probably has
36:42
that in his wallet. Yeah. Anyway, things
36:44
went back and forth for a while.
36:47
A lump sum for any child produced
36:49
was apparently debated, but rejected. After
36:51
maybe they thought that sounded a little bit tacky.
36:55
Donald wanted a lot of children.
36:57
In fact, I'm not going to send my notes, so
36:59
I'm going to have to remember it. I think it
37:01
was five, but it might have been seven. But the
37:03
thing that stuck out, and I did remember, is he
37:05
said he wanted that number of children because he wanted
37:07
to make sure at least one of them turned out
37:10
like him. Oh my God. You
37:12
get the feeling that's him looking at his
37:14
siblings and his father. Oh
37:16
yeah. Thinking, well, I'm the one like my father,
37:18
so I
37:20
don't want to end up with children like my brother,
37:22
who I don't get on with. Well,
37:25
Don Jr. is, I'd say, very
37:27
similar. Well, yeah. It'd be interesting
37:30
which child Trump thinks is most
37:32
like him. Oh yeah.
37:34
I bet they're all vying for sort of... Oh
37:36
God. Have you watched Succession? No.
37:40
Oh, you should watch Succession. It's more sort of
37:42
based on Murdoch, but there's a lot of Trump
37:44
in there. Very powerful, wealthy
37:46
family. Yeah. And the children
37:48
trying... It completely ineps children
37:50
trying to vise her for who's going
37:52
to be the heir. It's
37:54
very, very well done. But yeah, I
37:57
just want to say, my Minibioni vanka,
37:59
I reckon... He probably thinks
38:02
she's probably the stronger. Yeah, possibly.
38:04
She had quite a hard position in
38:06
the government and everything. Yeah, yeah. She
38:08
definitely seems the most capable of them.
38:10
Yeah, yeah. But don't rule out the
38:12
misogyny. That's a good point. Yeah.
38:15
Anyway, we are getting very sidetracked
38:17
here. We're just speculating on which
38:19
children of his Trump likes. And
38:22
that's what we're doing. He doesn't even have
38:24
any children at this point. Anyway, they're negotiating
38:26
their divorce. That's what they're doing before
38:29
their wedding. Right, in the end, it was agreed
38:31
that if they were divorced, Evania would get $20,000
38:33
a year unless the marriage lasted nine years. In
38:37
that case, it would go up to $30,000 a year. So
38:40
that's not fair, isn't it? The
38:42
prenup also explicitly stated that Evania
38:44
agreed that she would not expect
38:46
to live like a millionaire and
38:48
have a lifestyle full of yachts.
38:50
This was so later on, she
38:52
couldn't claim that she needed to
38:54
get in a lifestyle to which
38:56
she'd been accustomed to. And
38:58
this falls apart because Trump and Evania can't
39:01
help but spend money, and they are instantly
39:03
living the life of millionaires, would be like,
39:05
look for your leaguettes. Anyway,
39:08
with all that wedding planning done,
39:10
the two get married in April of
39:13
77. Many...
39:15
Star Wars. Yes, that's what was
39:17
clinging on in the background. Many
39:20
of Evania's friends were there. Donald
39:23
had many business associates attending. I honestly
39:25
don't mean that in a snide way.
39:27
I genuinely can't tell if he has
39:29
any friends. They're never mentioned. They were
39:31
associates and they were business partners in
39:33
everything I read. And Cocker, Roy Doon
39:35
seems the closest thing. But
39:38
that's more of a sort of father figure mentor. Yeah. The
39:41
father he never had. But he does have. He's
39:44
also a mentor. He's got two father figures. Yeah. Anyway,
39:47
by 1980, the Grand Hyatt
39:49
opens, and three years later,
39:51
Trump Tower opens. To
39:53
much fanfare, I simply don't have
39:56
time to go into all the
39:58
dodgy deals involved. involved
40:00
in these, but believe me, there are
40:02
loads. If you are interested in this,
40:04
read The Greatest Show on Earth by
40:06
Wayne Barrett, who goes into
40:08
all sorts of information about
40:11
this area. Just know that the
40:13
building of Trump Tower is a
40:15
story of labour exploitation, organised
40:18
crime, dodgy tax breaks, and
40:20
purposeful destruction of artwork promised to a museum
40:22
as it was discovered that it would cost
40:25
more to remove it than just destroy it.
40:28
Yeah, it's all very underhand.
40:30
But, in defence of Trump here,
40:32
it is no different to practically
40:34
any other building project in Manhattan
40:36
in the 80s. It's not
40:39
like he's doing anything that all the
40:41
other companies aren't. This is construction in
40:43
the 80s. Yes, it's all very dodgy,
40:45
but it's all dodgy all over the
40:47
place. I think the worst crime we made
40:50
was the decor. Oh, well, jumping
40:52
ahead, Jamie. Don't worry. Oh, so sorry. Don't
40:55
worry, I covered the decor. Thank
40:57
you. I wasn't sure whether
40:59
you'd seen it, so I was going to tell you to
41:01
look it up. But we'll do that in a moment. Anyway,
41:03
Trump Tower cost over $200 million to build,
41:05
and it was a huge success.
41:08
Trump was easily going to get
41:10
that money back. Partly
41:12
because of its location. Partly
41:15
to build. It was a good
41:17
building. Partly to give Trump his
41:19
due, it was his growing abilities
41:21
because his father had been right
41:23
when he realised that Donald had
41:25
no eye for mail, but had
41:27
all the bluster and understood the
41:30
media. An example. As the Tower
41:32
near completion, Donald confidentially
41:34
called up an influential gossip magazine
41:36
and let it slip that the
41:38
Royal Family of Britain were looking
41:41
into acquiring 21 rooms in
41:43
Trump Tower. So
41:45
obviously this is now everywhere in all the
41:47
gossip columns. The Royal Family are going to
41:50
live in Trump Tower. He's a journalist. They're
41:52
not just going to take Trump's word for
41:54
it, obviously. What kind of journalism would that
41:56
be? Our Times have changed.
42:00
British royal family were contacted by
42:02
the American press. And
42:04
the British royal family did what
42:06
they usually do. No comments. ah
42:08
we're not commenting on now yeah
42:10
those in America perhaps not realizing
42:12
that this is how the foil
42:14
family in Britain operated never comment
42:16
on Stop it is you're not
42:18
get and comments on stuff like
42:20
this. and in Britain did you
42:22
realize that will probably don't comment
42:24
on stuff. However, in America they
42:26
found up gonna we couldn't possibly
42:28
say in a clicked British accents
42:30
and they went well as clearly.
42:32
ah yes then isn't. Tonight's
42:34
of that is yes Not to final
42:37
yes. seems seems like something than the
42:39
worker. So rumor spread like wildfire and
42:41
Trump Tower is soon the most desirable
42:44
new poverty to live in the mega
42:46
rich. And the story was entirely made
42:48
up by Trump about how mean no
42:50
way was passing an interest spark took
42:53
well I you can. Generate.
42:55
Interest by just lying.
42:57
Dinner was quite senior.
42:59
Yeah, it is and
43:01
this is Reddit. Believe
43:04
me I will criticize from a
43:06
lot in these allows but this
43:08
is something he as good as
43:10
he is very good at creating
43:12
a story around his house for
43:14
nothing at all because the lies
43:16
he tells us so best faced
43:18
and brazen as want to see
43:20
what has no way he'd be
43:22
making Dassault. Yeah so it works
43:24
Anyways, Jamie, you'll be pleased. Know here
43:27
we go. The crown jewel in Trump
43:29
Tower is of course his own apartments
43:31
right at the top. Ah, far larger
43:33
than any other apartments in the building.
43:35
Trump wanted this to not just be
43:37
his home but also the pace of
43:39
his business. This is where he was
43:41
going to bring people to make deals.
43:43
It had to make an impact and
43:45
so just how successful he loves and
43:47
done by this point develop so we
43:49
say certain. Dot.
43:53
It's just like if you listening an asian
43:55
not sure and James do it now to
43:58
have a lot get out and google. Trump
44:01
Tower Apartments. Oh
44:03
to say oh yeah Oh my
44:06
goodness yes it's is like what
44:08
is a mix between the size
44:10
and Colonel Gaddafi. Ah that's a
44:13
very nice White Stripes. Think that
44:15
it's not, it's all yours is
44:17
not comfortable is just insane isn't
44:20
set up. Had a good okay
44:22
trying describe what you can see
44:25
in these photos. I i don't
44:27
have the vocabulary. I mean I've
44:29
got one thousand gold yet gold
44:32
marble, On the. Last
44:35
say guess it's over. it's almost two
44:38
months or even plate you that you,
44:40
that's it is. like somebody who's never
44:42
been to Europe is trying to replicate
44:45
like offense and also Palace yeah A
44:47
or Hallion Catholic this is that for
44:49
of vibe to it and it's not
44:52
quite hitting the market. Too much smoke
44:54
from Trump in many ways is a
44:56
very simple man. He didn't he get
44:59
a squeal? Know that I would argue
45:01
Anyway, his thought process seems to have
45:03
been this gold. And marble of expensive
45:05
the more of both you have the
45:07
most successful you are. So how much
45:10
gold and marble come we fit into
45:12
this apartments? I've heard a rumor and
45:14
you might be talking honest. I don't
45:16
know that Yes has a solid gold
45:18
toilet. A solid gold but gold plated
45:20
toilets. I don't know that for fast
45:22
as that might just be one of
45:24
those other missed that He am not
45:26
surprise me but I do. I don't
45:28
know, I did not come across that
45:30
by have heard it. Fourth anyways as
45:32
space is a premium in New York.
45:34
What? Is more expensive than
45:37
gold marble. so
45:39
the only did it need to be
45:42
full of god marble he had to
45:44
be the biggest living room in manhattan
45:46
he's got that then he's clearly the
45:48
most successful and any and he had
45:50
what he wanted for a few months
45:52
anyway because then he visited a novel
45:54
apartment in the city he walked in
45:56
on his jaw drops and he was
45:58
absolutely outraged that he had just walked
46:00
into a bigger apartment than his. Aww.
46:04
So, he immediately ordered a new
46:06
architect to rip out the entire
46:08
apartment and redo it with a
46:10
bigger room. Oh. Yeah.
46:13
Oh, and put in some columns. Yeah, I
46:15
can see, I'm looking at the columns now.
46:18
Yeah, I've read a fascinating article about the
46:20
architect who was doing it and... He must
46:22
have been so stressed. Oh, well, apparently he
46:24
was, um, he went to say the columns.
46:28
He wanted to say the columns should go. Yeah.
46:31
But he opened up the conversation
46:33
with the columns are too wide,
46:35
and Trump, who was also thinking
46:37
of getting rid of the columns
46:39
as well as himself, went,
46:42
no, they're not too wide, they should
46:44
be bigger. And because he disagreed with
46:46
the architect, he then decided to keep
46:48
them anyway because he didn't want to
46:50
lose face, I see him, or he
46:52
had a change of heart. But anyway,
46:54
yeah. They are... It's
46:56
a big room, but that's a lot of columns. Yeah.
47:01
Stop a toe, what can do with
47:03
that? Anyway, the interior designer who finished
47:05
the apartment to tight specifications later told
47:08
how Donald was proudly showing off his
47:10
apartment to his associates and his family.
47:12
And apparently they would walk around with
47:15
him and make all the right noises
47:17
until he left the room, and
47:20
then they burst out laughing. And
47:22
they said things like, and it's interesting what you
47:24
said, because they said the same, one
47:26
of them was that it looked like a casino,
47:28
and the other one was it looked like Louis
47:30
XIV on LSD. I
47:33
like that. Yeah.
47:37
But who can account for taste, hey?
47:39
And Donald is happy with his apartment, and he's
47:41
the one who has to live there. So if
47:43
he is happy, that's all that matters. Yeah. So
47:46
he has got his very golden marble
47:48
apartment, and it is the best apartment
47:50
in Manhattan he could reasonably argue. So
47:53
he is very happy with it. And
47:55
he is at the peak Of
47:58
his business career at this point. He
48:02
when he was at the peak of
48:04
his business career At that point is
48:06
this is when things start going downhill
48:08
and we are roughly in the mid
48:10
eighties. Sona the city is sick I
48:12
think gathers his kiss. The former thought
48:14
he had the idea is that the
48:16
this also marks the end of his
48:18
father staring things in the background or
48:20
the deals he's done. So far the
48:22
whole town's from Tower fret. Trump's been
48:24
pulling the strings in the background, making
48:26
the connections, making sure things happen. Fred's
48:28
getting on an age now and he's
48:30
pretty much letting Donald takeover. Anyway,
48:32
what's gonna do next? He's got Trump Tower, He's
48:34
got his hotels. What? What's next? step? Seen
48:37
a yeah you got it. Donald
48:39
applies for at gambling license that
48:42
Atlantic City I'm only was this
48:44
an obvious wins. But. It would
48:46
get him away from his father's influence.
48:49
Map. Is a eat Would prove
48:51
to himself that he could be
48:53
successful outside New York without his
48:55
father. Police are. Not
48:58
using the many political ties that he
49:01
now personally had, he was able to
49:03
buy you a small casino and Atlantic
49:05
City and he was partners with Harass
49:08
or to the company. The idea was
49:10
a truck would oversee construction, harass would
49:12
operate the property size division of house.
49:15
Trump has no experience and running see
49:17
know after well he's in constructions. A
49:19
Hindu. The buildings there when the
49:21
casino magnate absolute sense the last
49:24
actually quite savvy. get on to
49:26
see me, can do get exactly
49:28
to listen to him. Opens and
49:30
Eighty Four however there were problems
49:32
immediately. Harass was known as a
49:34
low state venue. it was the
49:36
name on the cheaper. And
49:39
Trump always demanding the best.
49:42
had built high rollers seats in the
49:44
hotel thousand so it didn't see any
49:46
word the people going to that no
49:48
couldn't afford the rooms and the people
49:51
who could afford to lose for go
49:53
to different the scene i don't intend
49:55
to change this the name was changed
49:57
from harass at trump plaza to simply
50:00
Trump Plaza. Shortly after
50:02
this, Haras get out, worried about the future
50:04
of venture. They were worried that this big
50:06
push in casinos in Atlantic City that was
50:09
happening, because gambling had only just become legal
50:11
in the state, they
50:13
were worried that it was a bit of a
50:15
bubble that was going to burst. So they get
50:17
out and they sell their share of the business
50:19
to Trump. So now Trump is
50:21
running the casino. Yeah, but
50:23
it'd be fine. How high can a casino be to run?
50:26
So by this point, just to recap,
50:28
Trump has got the Hyatt Hotel, he's
50:31
got Trump Tower, he's got Trump Plaza
50:33
in New York, which I skipped, it
50:35
was another property, and Trump Plaza in
50:37
Atlantic City. They all have value. Yeah.
50:39
And if you believe Trump's assessment of
50:42
them, he was by now a billionaire.
50:44
They're doing very, very well. Let's just
50:46
hope there are any tax audits or lawsuits
50:48
that challenge that in the future. Well, this
50:50
is the thing, despite the fact he had
50:53
all these very expensive properties, he actually has
50:55
very little money, because it's all
50:57
tied up in these future investments. That's why you're
50:59
a billionaire, though, you sort of keep get out
51:01
of loans based on the value of your assets.
51:04
Yes, exactly. So that's how he's able to keep
51:06
it going, because I can obviously afford to pay
51:08
you back to look at all these massive businesses
51:10
I've got. Yes. Now he knew
51:13
he had very little actual money, but
51:15
that didn't matter because he was a big
51:17
name now and that got doors open so
51:19
he could just keep opening
51:21
doors, especially banks and investment firms.
51:24
Soon enough, Trump had more potential money
51:26
than he knew what to do with
51:29
the banks were falling over themselves to
51:31
give him money. Not actual money money,
51:33
but money he could invest in properties
51:36
and businesses and surely that work out.
51:38
The guy's a genius. He keeps telling
51:40
us. So
51:43
he thought just like the marble and
51:45
the gold, very simple thought. If
51:47
one is good, two is better.
51:50
If one casino is good, two
51:53
casinos is twice as good.
51:55
In fact, why not three casinos?
51:58
Why not four casinos? Well,
52:01
actually, there was a state law that said you
52:03
could only own three casinos, that's why not four,
52:05
but hey, he could get three. Now,
52:08
common business sense would perhaps argue
52:10
that operating three casinos in direct
52:12
competition with each other in a
52:15
very narrow market was perhaps not
52:17
the best idea. But Trump went
52:19
ahead and soon bought the Atlantic
52:21
Hilton and renamed it Trump Castle,
52:23
and then a third casino that
52:25
he called Trump Taj Mahal. Oh,
52:32
maybe coffee is so funny. Yeah,
52:35
this is one of these things where
52:37
I think in distance, given a couple
52:39
of hundred years when historians are looking
52:41
at this time, Trump's naming conventions, I
52:43
think, will raise eyebrows because there'll be
52:45
lots of other things being said. This
52:47
will be lost until people look into
52:49
it and people will be saying things like, I'm
52:51
sorry, he caught his casinos, what? But
52:54
it comes back to that being grandiose, isn't
52:57
it? To being big and amazing. Being big.
53:00
The Taj Mahal is the biggest thing, the castle
53:02
is strong, powerful. Yeah, yeah. It's
53:04
simple, effective marketing. Slap
53:07
your name on it, your massive letters, give
53:09
it a strong name, and people will like
53:12
it. And it works. Yep.
53:15
It's brash and it's bold and it's a
53:17
sledgehammer approach to things, but you can't argue
53:19
that things like this do work. If
53:22
the businesses will run well. Anyway, Trump
53:26
decides that he's had enough
53:29
of getting partners in, so he
53:31
was going to run these three casinos himself,
53:33
or at what point he was going to
53:35
delegate it to staff. In
53:37
particular, he put the Hilton Trump
53:39
Castle in charge of the very
53:41
experienced running casinos. Let me check
53:44
my notes here. Oh yes, it
53:46
was Avania. Avania. Oh,
53:48
wonderful. She went
53:50
and ran that hotel. The
53:52
Olympic skier? Yes, yeah. Well,
53:56
not actually an Olympic skier, but a very good
53:58
skier. Very good skier. A very good skier. Oh,
54:00
yeah, yeah, and and who knows maybe
54:02
she was better at running casino than
54:05
I would be but I would argue
54:07
true I would argue perhaps more experienced
54:09
people could have run casinos better, but
54:12
Trump liked to keep business in the
54:14
family because he could trust those people.
54:16
Yes, however that said his
54:18
brother Robert His younger
54:20
brother wanted to run that casino and he was
54:23
very angry When Evania was
54:25
put in there instead so a bit
54:27
of friction in the family anyway as
54:29
Trump is applying for licenses Or at
54:31
the gambling and finding funding etc There
54:34
were some who highlighted the lack of
54:36
experience that Trump had as in the
54:38
people issuing the gambling licenses and the
54:41
Permits to build and stuff some people
54:43
in the government were going should we be giving
54:45
this to Trump? Has he got any experience whatsoever?
54:48
Yeah, but Trump was on a roll at this
54:50
point and he was very good at
54:52
self promoting his own image investors invested
54:54
because it was It's
54:59
around this time that the Forbes 400 list
55:02
was created before and
55:05
When it was created it listed
55:07
the 400 richest Americans Trump
55:10
was outraged that he was not on
55:12
it Like I said most of his
55:14
money was actually in investments that hadn't
55:16
come to fruition yet So
55:19
he shouldn't have been on it But Trump did
55:21
not let it go two years after
55:23
the first list Trump was determined to
55:25
get on So he started phoning up
55:28
people in particular he phoned one of
55:30
the lead reporters who compiles the Forbes
55:32
400 list and pretended
55:34
to be John Barron John
55:37
Barron is a Trump alter
55:40
ego Trump would
55:42
often phone up people pretending to
55:44
be working for the Trump organization
55:47
A spokesperson for Donald Trump. He'd
55:49
call himself John Barron That
55:52
is interesting. He named his
55:55
younger son. He named his younger
55:57
son after his own alter ego
56:00
interesting. I'm not sure what that says, but
56:03
it's a thing. It's definitely a
56:05
thing. Yeah. Anyway, John
56:08
Baron argued to this reporter
56:10
that all of Fred Trump's wealth was actually
56:12
his now. His, I mean, sorry,
56:14
my boss is honest. I'm
56:17
John Baron, not Donald.
56:20
Yeah. Anyway, Forbes eventually decides
56:22
that Trump was worth 100 million,
56:24
which manages to scrape him onto the
56:27
list. However, this
56:30
is just false. The claims have
56:32
been looked into since, and
56:34
people have actually worked out how much he was worth at
56:36
this time. And if Forbes
56:39
had not just taken John Baron's word for
56:41
it, Trump's worth would actually
56:44
have been 5 million
56:46
at this point. Oh, wow.
56:48
That is it. Of actual
56:50
liquid money, of stuff that he can get his
56:53
hands on, 5 million is
56:55
it. Everything else is
56:57
bluster. Interesting. Yeah. I
57:00
keep saying that, but that is not the public
57:03
perception at all. Donald is riding
57:05
a high. Everything he does at
57:07
this point is being heralded as
57:09
a success, mostly by him, but
57:11
the media buy into it. He
57:14
actually owes various banks hundreds of
57:16
millions by this point, because all
57:19
of the different loans he was
57:21
taking out rapidly, continuously,
57:23
but that is the investment game.
57:26
It's all about borrowing, investing, and moving
57:28
around the imaginary money that doesn't
57:30
actually exist. So he buys
57:32
up more land in Manhattan, land that he
57:34
had tried to get when he first started
57:36
out, that he couldn't when he gets it
57:38
now. So it's doing even better in New
57:40
York. And it's around this time that he
57:42
buys Mar-a-Lago. Yes,
57:45
Mar-a-Lago is in Palm
57:47
Beach in Florida. It had been built in
57:49
the 20s during a Floridian
57:51
land boom. It's builder had then
57:54
bequeathed the property to the National
57:56
Park Service, hoping it could be used
57:58
for public goods. Maybe. who knows.
58:01
Ironically, maybe a winter White
58:03
House for the president to stay in. Oh. Was
58:06
one of the ideas, yeah, which is interesting. Well,
58:08
that paid off. Well, yeah. However, the
58:12
state couldn't keep it. The upkeep was too expensive,
58:14
so they put it up for sale. Trump
58:16
was interested instantly. This was his
58:19
ideal idea of a mansion. It
58:21
was big, it was bold, it
58:23
was in your face. There
58:26
was no subtlety about Mar-a-Lago. And
58:29
also a great place to store documents. Oh,
58:31
yeah, it had lots of bathrooms. I'll
58:34
say we'll get into that later, but we won't. That's
58:37
post-presidency. Maybe we'll mention
58:39
it briefly. Anyway, Mar-a-Lago makes a
58:41
statement. He and Evania
58:43
had seen it years before and loved it, so
58:45
Trump goes after it. He's going to buy it.
58:49
Again, the details are very convoluted in
58:51
him buying this property, and I'm not
58:53
going to pretend to understand the ins
58:55
and outs of mortgages from a New
58:57
York bank for a Florida property in
58:59
the 1980s. Yeah. Because I
59:01
started looking into it and my head started hurting.
59:04
But I'm going to summarize. Trump
59:06
had a business partner high
59:08
up in a bank that gave Trump
59:10
a mortgage for Mar-a-Lago. So here, have
59:12
a mortgage. But it was a very
59:14
unusual mortgage. It was,
59:17
for various law-bending reasons, more
59:19
of a personal loan than a mortgage.
59:22
And it was guaranteed by Trump's net worth,
59:25
not how much he actually had. It
59:27
was also, and this is the important thing, unrecorded.
59:31
So in other words, it was a
59:33
loan that was concealed from public record.
59:36
No one could see it. I mean,
59:38
ins and outs sounds a bit dodgy, right? It does
59:40
a little bit. Why do you have to do that?
59:43
Well, in the end, and it's hard to
59:45
pin down because Trump, again, constantly has changed
59:48
his story on this, and they actually end
59:50
up going to court to argue the value
59:52
of the property and this whole court case
59:54
going on. But Trump
59:56
paid around $10 million for the property.
1:00:00
alone was in secret, he announced to
1:00:02
the world that he paid cash. And
1:00:05
no one else couldn't say otherwise. Again,
1:00:07
he's coming across as if he's got all
1:00:09
this money. Which he doesn't.
1:00:12
Guess how much of his actual money he
1:00:14
spent on Mar-a-Lago? He does spend some
1:00:16
money. Er, five dollars. A
1:00:19
little bit too low there. Two thousand eight
1:00:21
hundred and twelve dollars he spent on Mar-a-Lago.
1:00:23
What? I could have paid for that. I
1:00:26
know. It's
1:00:28
insane, isn't it? And everything else
1:00:30
is just from friends in high
1:00:32
places giving him very dodgy loans.
1:00:35
Yeah. Anyway, Trump decided to expand
1:00:38
his growing empire in Florida. He was
1:00:40
doing very well in Manhattan. He's
1:00:43
got Atlantic City up and going, so
1:00:45
let's move to Florida. Oh,
1:00:47
but he soon hit some problems. He didn't know
1:00:49
Florida. Alligators. Yeah, he
1:00:51
bought a thirty-two story condo. He
1:00:53
called it Trump Plaza
1:00:56
of the Palm Beach. Because you can't
1:00:58
have too many Trump Plazas. But
1:01:00
he even didn't realise or didn't care that
1:01:02
this location was not a good location. It
1:01:05
was described as buying
1:01:07
a condo on the shore of New Jersey
1:01:10
and boasting that it had a view of
1:01:12
Manhattan. That's where it is in
1:01:14
Florida. You could see the nice part from the windows,
1:01:16
but you weren't in it. Yeah.
1:01:19
That's not to put down New Jersey, by the
1:01:21
way. That wasn't my word, so that was someone
1:01:23
else's. New Jersey is clearly the best state because it
1:01:25
gave us Bruce Springsteen. We all know this. Yeah.
1:01:28
Anyway, the lobby of Trump Plaza
1:01:31
on the Palm Beach was decorated
1:01:33
with elephant skin chairs and lever
1:01:35
wall panels. Yeah. And
1:01:38
he waited for people to buy the
1:01:40
apartments. Two years later, only
1:01:42
ninety-three out of the two hundred and
1:01:45
twenty-one were purchased. Meanwhile,
1:01:47
Trump had been lobbying local politicians
1:01:49
to close the airport that was
1:01:51
nearby or at least put a
1:01:53
no-fly zone over the
1:01:55
Mar-a-Lago estate. He had become
1:01:58
obsessed with this. furious
1:02:00
that planes flew over his mansion.
1:02:02
He spent the sound or just
1:02:05
for the indignation
1:02:07
that you know, why are you flying
1:02:09
over my house? It's my airspace. You'd
1:02:11
think that, wouldn't you? But then actually
1:02:13
stop and think about what we know
1:02:15
about Trump. What else is a consequence
1:02:17
of planes flying over property? Apart
1:02:20
from the immediate noise and stuff,
1:02:22
troll, it devalues the property. Oh
1:02:25
yeah, of course. If he can stop the planes flying over
1:02:27
it, he would immediately be able to turn around and sell
1:02:30
it for a higher price. All
1:02:32
about the business deals. That's what it's for.
1:02:34
But he becomes a bugbear. He becomes obsessed
1:02:36
with this at this point. He spends ages
1:02:38
trying to convince politicians to take up his
1:02:41
cause. None of them bite.
1:02:43
His proposals were ridiculous. In
1:02:46
the court case, which I mentioned a moment ago
1:02:48
over the value of Mar-a-Lago, because
1:02:50
it was all a bit dodgy him buying
1:02:52
it, he would refuse to talk if there
1:02:54
was even a faint sound of a plane.
1:02:57
And he would loudly say that the airport
1:02:59
was a disaster. This
1:03:01
was particularly ironic because Trump's
1:03:03
private plane was so loud that
1:03:05
it was banned from taking off from
1:03:07
this very airport at night. Yeah.
1:03:12
Well, you know, his car's been actually loud when he
1:03:14
gets... Yeah. ...that kind of plane. So
1:03:18
I just really like that search. After all of
1:03:20
this, oh, he hates the airport, he hates the
1:03:22
airport. He's got a bloody plane there, which is
1:03:24
really loud. Anyway,
1:03:28
Trump soon gets fed up with Florida.
1:03:30
He wasn't getting very far. The people
1:03:32
seem to be mocking him. There were
1:03:34
regular headlines in the papers that said
1:03:36
things like Trump the chump. He just
1:03:38
didn't feel popular down there. The politicians
1:03:40
were clearly avoiding him. He didn't like
1:03:43
it down there. He wanted to go
1:03:45
back to Manhattan. That's where he lived.
1:03:47
That's where his apartment was. Yeah, he's
1:03:49
got to go back there. Now, he loved
1:03:52
Mar-a-Lago, the mansion, but
1:03:54
Trump saw it as a way to show off to
1:03:56
his clients. It wasn't really somewhere he wanted to live.
1:03:58
His heart was still in New York. Because
1:04:00
back home he was working on the project
1:04:02
that he was most invested in. What do
1:04:04
you think it is? Trump
1:04:07
University? No, it was
1:04:09
his own self-image. Oh,
1:04:12
hehehe. Yeah. He, and
1:04:14
I'm not just saying that flippantly, he really
1:04:17
ratchets it up at this
1:04:19
point. He's self-promoting like there's
1:04:21
no tomorrow, pouring all of
1:04:23
his time into self-promotion because
1:04:25
the businesses are just kind of ticking
1:04:27
over and he's done the buying and
1:04:30
the deal apart and he's bored of
1:04:32
them just running as businesses. So, self-promotion
1:04:34
now. There were several things he wanted
1:04:36
to do to promote himself. First of
1:04:38
all, if he was rich he should
1:04:40
really own a football team. That's
1:04:43
what rich people owned. He'd been in talks with
1:04:45
various people since the early 1980s. Now,
1:04:48
as we have established on this show, we
1:04:51
are no American
1:04:53
sports experts, are we? I
1:04:55
watched a bit of American football a few years ago. It's
1:04:58
boring, I don't understand it. Yeah, I
1:05:01
think we tried to figure out what
1:05:03
the positions in baseball were at one
1:05:05
point or something. Oh no, it was
1:05:07
football, wasn't it? Yeah, it was football,
1:05:09
wasn't it? But I think we
1:05:11
are both happy with the idea that
1:05:13
in America you've got like two football
1:05:15
league things going on. You've
1:05:18
got the college game and you've got the
1:05:20
professional game, the NFL. Yeah? Collegiate and NFL,
1:05:22
yes. Yeah, yeah. There we go. However,
1:05:25
what you might not know, and
1:05:27
I certainly didn't, is back in
1:05:29
the mid-80s there was a new
1:05:31
professional league starting up. This was
1:05:33
the USFL and the idea was
1:05:35
you were going to have the
1:05:37
NFL and the USFL and
1:05:39
they were both going to run at different
1:05:41
times in the year so they didn't compete
1:05:43
with each other and you had two leagues
1:05:45
going on. More football, more fun, more money
1:05:47
being made, every once and a while. Yeah?
1:05:50
That's the idea. Now,
1:05:52
obviously this is a brand new league so
1:05:54
it was nowhere near as prestigious as the
1:05:56
NFL but that also meant that if you
1:05:58
want to win the league, you can win the league. wanted to buy
1:06:00
one of the teams, you could buy them
1:06:02
at a fraction of the
1:06:05
cost of an NFL team. So Trump
1:06:07
decides he's going to buy one of these cheap
1:06:09
teams instead of one of the expensive ones in
1:06:11
the NFL. But because he's
1:06:14
a business genius, he's not just going
1:06:16
to buy a team and try and work with them to do
1:06:18
well, what he's going to do
1:06:20
is he's going to buy a USFL team
1:06:22
and then convert it into an NFL team.
1:06:26
So then suddenly they'd be worth 10 times as much.
1:06:28
The plan is simple in broad
1:06:30
strokes. Number one,
1:06:33
buy a cheap USFL team. Number
1:06:35
two, the USFL at the moment was not
1:06:37
in direct competition with the NFL, like I
1:06:39
say, they played at different times of the
1:06:41
year. But if Trump used his
1:06:44
influence to push for the USFL to play
1:06:46
at the same time as the NFL, it
1:06:48
would then hopefully force a merger
1:06:51
between the two leagues. Step
1:06:54
three, he's now got an NFL team. Step
1:06:57
for profit. I felt like a
1:06:59
long, long term plan as well. That's not gonna
1:07:01
happen in the year, is it? Not
1:07:03
a year, but they try and do it
1:07:05
fairly quickly. The plan plays out almost perfectly
1:07:07
to begin with. Trump buys a
1:07:09
team and Trump is such a big name at
1:07:12
this point. He's not just in charge of this
1:07:14
team. He's now a big voice in the USFL.
1:07:16
So yeah, the people in charge of the league,
1:07:18
he is now in there with them. And
1:07:21
Trump convinces them that against their original
1:07:23
plans, they should move the time when
1:07:26
the league play to exactly the same
1:07:28
time as the NFL plays. And
1:07:30
then what they should do is sue
1:07:32
the NFL for having an anomaly.
1:07:36
This would damage the NFL and they'd be forced
1:07:38
to merger. I'm sure America would love that, right?
1:07:42
This is a textbook business
1:07:44
hostile takeover by
1:07:46
two sports league. Off
1:07:49
they go. Trump was a major part of
1:07:51
the trial because they do move, they do.
1:07:53
So this goes to trial, really? Yeah. The
1:07:57
he didn't do too well in the trial. NFL
1:08:00
were able to clearly show that Trump
1:08:02
did not care about football. Trump
1:08:04
was saying this was all about his
1:08:06
love for the game and how it was an
1:08:08
outrage that the NFL had a monopoly and the
1:08:11
hard-working Americans loved their football, they
1:08:13
should support the underdogs, which
1:08:16
is the USFL. But the NFL
1:08:18
were able to turn around and go, no, look
1:08:21
at the guy, he's not even a football
1:08:23
fan, he's clearly making money here. They were
1:08:25
able to use his own words against him
1:08:27
because Trump... I know
1:08:29
nothing about football. Trump wasn't subtle in this plan, he
1:08:31
kept telling people what a genius move it was and
1:08:34
he was telling people this is what he was going
1:08:36
to do, so they were able to use his own
1:08:38
words against him. However, when
1:08:41
the jury came back, they
1:08:43
found the NFL guilty of
1:08:45
antitrust policies. Trump
1:08:47
was ecstatic, he was going to make a
1:08:49
fortune from this. However,
1:08:52
the fine then came through, it
1:08:54
was decided that the NFL had
1:08:56
to pay the USFL, guess how
1:08:58
much? I want to go for a
1:09:00
ridiculous like $5 or something. That
1:09:03
is ridiculous, you're five times too high, $1.
1:09:07
That's brilliant. Which
1:09:10
to be fair was tripled
1:09:12
to $3 because antitrust fines
1:09:15
are automatically tripled. Why
1:09:18
is it actually tripled? That's
1:09:20
ridiculous. It's like, it should be this.
1:09:24
It's to stop monopolies from forming. We've
1:09:26
got to find it now, let's really
1:09:28
make it even. That's why. So that
1:09:30
$1 becoming $3. I'll
1:09:33
bet that hurt. Well
1:09:36
in other words, what had happened
1:09:38
here is that the jury, after
1:09:40
listening to Trump talk for several
1:09:42
days, had decided that yes, technically
1:09:44
actually the NFL had broken some
1:09:46
trust laws. However, Trump did not
1:09:48
deserve to benefit from this. So
1:09:50
they found the NFL guilty but
1:09:52
then punished Trump. Trump was
1:09:54
furious but not as furious as the
1:09:57
football fans because this breaks the
1:09:59
USFL. It's full soon
1:10:01
after the promising second league
1:10:03
never happens. All the football
1:10:05
fans were just left with less football It's
1:10:08
true that I think you know that's true of billionaires.
1:10:10
They do try to make uh, they try and buy
1:10:12
football teams like um In
1:10:14
uh, wwe vince mcmahon who is
1:10:17
uh currently living in shame Um,
1:10:20
he's tried to Oh, don't
1:10:23
you know? No, it's wrestling. Oh
1:10:26
Oh, no, this is wrestling this is real life. Um, just Yeah,
1:10:29
but it's just look at is it a
1:10:31
wrestler vince mcmahon. He owns the wwe he's
1:10:33
like oh Okay.
1:10:35
Oh, no, I think I know the guy he's got like a
1:10:38
big face I don't know. Maybe
1:10:40
he's not but he's definitely got a face. I've got a
1:10:42
face. Yeah, okay Right. Um, but
1:10:44
yeah, he he actually tried to create his own american
1:10:48
football league And he's tried
1:10:50
to do it twice the first time just collapsed because
1:10:52
nobody watched it He tried to do
1:10:54
it a second time then covid hit and it
1:10:56
collapsed. Yeah, this is this is nothing new Um,
1:10:59
it certainly still happens. You remember with um
1:11:01
with like real football a couple of years
1:11:03
ago They tried to start a super league
1:11:06
or something didn't they? Oh, yeah, and they
1:11:08
got fined or sued Yeah, that's that apart
1:11:10
immediately Yeah So this this kind of thing
1:11:12
happens a lot rich people try and make
1:11:15
more money using sports teams and hey sometimes
1:11:17
it works In this case, it certainly didn't
1:11:19
trump losers Anyway, meanwhile
1:11:21
what's going on in his life on a
1:11:23
personal level one of the closest people to
1:11:25
him was dying His mentor
1:11:27
roy kone was dying of AIDS
1:11:31
Now due to the stigma at the
1:11:33
time kone told everyone that it was
1:11:35
cancer publicly But everyone who knew him
1:11:37
knew that it was AIDS Trump sensing
1:11:39
weakness started to distance himself from his
1:11:41
father figure causing a rift between the
1:11:43
two When kone asked donald
1:11:46
for a room in one of
1:11:48
his buildings for his boyfriend
1:11:50
Who was now dying of AIDS to stay in?
1:11:52
Trump offered him a room. Okay, you can use
1:11:54
one of my rooms. That's fine but
1:11:57
then Sent a bill for the room
1:12:00
to Roy. Roy
1:12:02
Cohn was just devastated by this and
1:12:04
I'll quote him, I can't believe he
1:12:06
is doing this to me, Donald S***
1:12:09
is ice water. Anyway,
1:12:12
the relationship didn't break down completely, however,
1:12:14
the two still talked on the phone,
1:12:16
but by the time Cohn died, Trump
1:12:19
was not asked to speak at the
1:12:21
funeral. Those close to Cohn said that
1:12:23
Cohn's protege had abandoned him, and therefore
1:12:25
he didn't deserve to speak. So
1:12:28
yeah, they're really distant at the
1:12:30
end there. This follows a precedent
1:12:32
where various times in his life
1:12:35
Trump has expressed disgust or fear
1:12:37
at people who are not well
1:12:40
or in any way disabled. This
1:12:42
seems to pop up with Trump
1:12:44
a lot, he gets very uncomfortable
1:12:46
when he's around people ill of
1:12:48
health or not in his mind
1:12:50
perfectly formed. We will come
1:12:53
across this again in the future. Yes, it
1:12:55
seems like, yeah, he just, as soon as
1:12:57
his mentor got ill, he just did not
1:12:59
want anything to do with him anymore. Because
1:13:01
he hates honor.
1:13:03
He's a South, South
1:13:05
contested germaphobe, he calls it South of
1:13:07
germaphobe a lot. Okay. Yes, in fact
1:13:09
he used that as defense way he
1:13:12
didn't get urinated on in a Russian
1:13:14
hotel room. He said he wouldn't do
1:13:16
that because he's a germaphobe. So he's
1:13:18
fair, that probably just holds some ground.
1:13:20
Yeah, I mean, it does. I can
1:13:22
imagine that. Anyway. He must hate again
1:13:25
COVID then, my goodness. Oh, we're getting
1:13:27
to that. We will.
1:13:30
Anyway, despite some personal and business
1:13:32
setbacks, Trump is still determined to
1:13:34
present himself as a financial genius. And
1:13:37
it was around this time that he beat
1:13:39
an idea. The football thing didn't work, but
1:13:41
he's going to promote. So why not write
1:13:43
a book? Well, not
1:13:45
actually write a book, obviously. Why not pay someone
1:13:48
to ghost write a book? Yeah. The
1:13:50
idea first came after he'd been interviewed
1:13:53
for GQ back in 1984.
1:13:55
He was told by the owner of the
1:13:57
magazine that if he published a book,
1:14:00
And that sort of weasels its way into Trump's mind
1:14:03
and he'll start to think about it. A couple of
1:14:05
years later, yeah he's gonna do it, he's gonna write
1:14:07
this book, or get it written anyway, but
1:14:09
who'd write it? Now this is
1:14:11
interesting. A couple of years previously,
1:14:13
a man named Schwartz had written
1:14:16
an article which outlined how brutally
1:14:18
Trump treated his tenants, highlighting
1:14:20
one practice where Trump would employ
1:14:23
homeless people to hang around the
1:14:25
tenants that he wanted out of
1:14:27
his buildings. Bloody hell, really?
1:14:30
Yeah. So Schwartz uncovered this and wrote
1:14:32
an article about it essentially saying, isn't
1:14:35
Trump awful? For whatever reason,
1:14:37
Trump loved this article. It's
1:14:39
a tension. A
1:14:41
tension? But also it makes
1:14:43
him strong. He is a man
1:14:45
you don't mess with. If you mess with Trump
1:14:48
he will figure out a way to kick you
1:14:50
out of your apartment. I can only assume that
1:14:52
is. But anyway, Trump wanted Schwartz
1:14:54
to write his book. So
1:14:56
Schwartz got a phone call one day, he
1:14:58
was absolutely amazed. I'm sorry, what?
1:15:00
You want me to write your book? Could
1:15:02
I hate you? Well, they
1:15:05
met and Trump told Schwartz that
1:15:07
he wanted to write his autobiography.
1:15:09
Now Schwartz laughed about it and
1:15:11
said, and I quote, not only
1:15:14
38, you don't have a biography
1:15:16
yet. You're not old enough
1:15:18
essentially, which someone really
1:15:20
needed to point out to
1:15:22
Obama as well. I was
1:15:24
going to say. Yeah. But
1:15:27
it's okay, so Schwartz, we could do something
1:15:29
else. How about you
1:15:31
write a book, or I write the book
1:15:33
for you, about your best business deals. Let's
1:15:35
not do your life. Let's do
1:15:37
your business deals. Now Trump loved that
1:15:39
idea immediately. That was far better than
1:15:42
the biography. Yeah,
1:15:44
it could all be about his
1:15:46
business deals. Fantastic. So he practically
1:15:49
hires Schwartz on the spot. So
1:15:51
Schwartz starts interviewing Trump, but comes
1:15:53
across a problem. Trump had no
1:15:55
attention span or interest in creating
1:15:57
the book. He just wanted the book to be done. That's
1:16:01
how quote Schwartz here, it's impossible to
1:16:03
keep him focused on any topic other
1:16:05
than his own south aggrandizement for more
1:16:07
than a few minutes. So Schwartz, getting
1:16:10
desperate, stayed with the Trump's at Malolago
1:16:12
for a weekend, but Trump just soon
1:16:14
grew angry at all the questions. He's
1:16:17
just been pestered. About
1:16:19
to give up, Schwartz came up with one
1:16:21
last-ditch idea that would probably be rejected, but
1:16:23
it's the only way he can see of
1:16:26
doing this. He proposed to Trump, why don't
1:16:28
I just follow you everywhere and why don't
1:16:30
we set up your phone so I can
1:16:32
listen in on all of your calls? Trump
1:16:35
loved the idea. He didn't see this as
1:16:38
an invasion of his privacy or anything. He
1:16:41
thought, brilliant, this way I don't have to do
1:16:43
anything different, I can just be me and this
1:16:45
guy writing my book will see what I do
1:16:47
and then he can write the book and I
1:16:49
don't need to change anything. Fantastic. That's what they
1:16:51
do. At 18 months, Schwartz
1:16:53
becomes Trump's shadow and probably finds
1:16:55
out more about Trump than anyone
1:16:57
else ever has. He
1:16:59
soon starts to get to know how
1:17:01
Trump deals with people. He would, in
1:17:03
the bulk of conversations, flatter, bully or
1:17:05
shout at people, depending on who he
1:17:07
was talking to. And then to sign
1:17:09
off, he would tell the other person, regardless
1:17:12
of who it was or whether
1:17:14
he had been bullying, shouting or flattering, he
1:17:16
would tell that person his latest success, just
1:17:19
to sign off. By the way, I've done
1:17:21
this. And then he would end
1:17:23
every single conversation, regardless of the call, with
1:17:25
an I quote, you're the best and then
1:17:27
he'd hang up. And that's how he
1:17:29
operated on his phone. Which, yeah,
1:17:32
it's interesting. Again, it's that just keep building up
1:17:34
your image, building up your image. Yeah. To not
1:17:36
who you're talking to. Oh, by the way, I've
1:17:39
done this great thing. Yeah. He just shouted at
1:17:41
someone for 20 minutes. Yeah.
1:17:43
You're a piece of crap. I hate you.
1:17:45
You're the best. Bye. Yeah.
1:17:49
Yeah. That's how he talks
1:17:51
to people. Anyway, Schwartz got
1:17:53
his information, but soon realised another
1:17:55
problem once he was listening in
1:17:57
on phone calls. Trump lied all
1:17:59
day. that's Ahem, like all of
1:18:01
it's Ahem. What? Yes. He
1:18:04
would regularly tell different people completely different things
1:18:06
about the same events. And he would tell
1:18:09
Schwartz things that had happened on the phone
1:18:11
call that he had just listened to that
1:18:14
weren't true. So Schwartz would walk into
1:18:16
the room after he listened to the phone call and
1:18:18
Trump would tell him that a different conversation had taken
1:18:20
place. I can't believe Trump would
1:18:22
do that. Well, either Trump had forgotten that
1:18:24
Schwartz was listening on the phone, or
1:18:28
he just didn't care that Schwartz
1:18:30
knew he was lying. It just
1:18:32
came second nature to him. Quote
1:18:34
Schwartz, he lied strategically. He had
1:18:36
a complete lack of conscience about
1:18:39
it. Since most people
1:18:41
are constrained by the truth, Trump's indifference
1:18:43
to it gave him a strange advantage.
1:18:46
Gave him a pallor. He just didn't care if
1:18:48
people knew he was lying. There was no embarrassment
1:18:50
about it at all. He just lied and sometimes
1:18:52
it stuck. And if he didn't, he'd shrug it
1:18:54
off. By the way, Schwartz eventually finished his book.
1:18:57
Out of the deal, it's written as Trump
1:18:59
and Trump comes across as the hero in
1:19:01
every single chapter. You'll be shocked to learn.
1:19:04
Any bad deal in his life was simply left out.
1:19:06
It was released in 87 and
1:19:09
instantly became a New York Times bestseller. Trump
1:19:11
obviously claimed that he wrote it himself.
1:19:14
It instantly made Trump more famous and
1:19:16
solidified the idea that he was a
1:19:18
financial genius. Schwartz
1:19:21
himself later deeply regretted writing the book,
1:19:23
saying that he had, and I quote,
1:19:25
put lipstick on a pig and saying
1:19:27
that he should have called the book
1:19:29
sociopath. But
1:19:33
that was much later. And for now, Trump
1:19:35
was riding a high. It's nice to think
1:19:37
as well that Trump's never read the book
1:19:39
as well because I don't get the feeling
1:19:41
he reads. No, he's, yeah,
1:19:43
he famously does not read many
1:19:46
books. But I don't know a book all about
1:19:48
himself, maybe. No,
1:19:50
I doubt his credit. He
1:19:52
had someone read it and tell him about it. Oh,
1:19:54
maybe. Anyway, like I say, he's
1:19:56
riding a high. He's now a big name in
1:19:58
the world as well. being rich. It's got
1:20:01
to the point where he's wading into political debates
1:20:03
in New York. In one particularly
1:20:05
disturbing case, it's where he decided
1:20:07
that the world needed to listen to him
1:20:10
after a rape of a woman in Central
1:20:12
Park in 1989. Oh,
1:20:14
yes. Yes. Now, we don't
1:20:16
have time to go into this in detail. If
1:20:19
you don't want to go and
1:20:21
read books and things about it,
1:20:23
there is a fantastic dramatization of
1:20:25
it called When They See Us
1:20:27
on Netflix. Very, very good series,
1:20:29
which is mostly accurate. So go
1:20:31
and watch that if you just
1:20:33
want to get a sense. But
1:20:35
here, Cliff notes, five teenagers of
1:20:37
black and Hispanic ethnicity were arrested
1:20:39
in Central Park for the rape
1:20:41
of this woman, and they were
1:20:43
intimidated until they confessed to the
1:20:45
crime. Now, later, DNA evidence
1:20:48
proves that they did not do it.
1:20:50
This is no longer up to dispute.
1:20:52
They are innocent. It is a fact.
1:20:54
However, at the time, Trump spent $85,000,
1:20:56
that's the modern equivalent of roughly $200,000,
1:20:59
to take out a follow page adverse
1:21:05
in The New York Times, stating that
1:21:07
the death penalty should be brought back
1:21:09
for the five teenagers. In
1:21:11
fact, I will quote the advert here,
1:21:13
I want to hate these muggers and
1:21:16
murderers. They should be forced to suffer.
1:21:18
I want to hate these murderers,
1:21:20
and I always will. How can
1:21:22
our great society tolerate the continued
1:21:24
brutalization of its citizens by crazed
1:21:26
misfits? Criminals must be told that
1:21:29
their civil liberties end when an
1:21:31
attack on our safety begins. Well,
1:21:34
I'm assuming this was
1:21:36
like released when people
1:21:38
didn't know. Yeah. So this was when... So
1:21:40
he's talking on a bandwagon. It's a tension.
1:21:43
He wants to look like a good guy
1:21:45
in a... And a hardliner
1:21:47
for crime. Yeah. No nonsense crime.
1:21:49
Trump was lauded in many circles
1:21:52
with his no nonsense attitude and
1:21:55
a lot of people do very much believe
1:21:57
in the death penalty. So
1:21:59
it's no surprise. that Donald Trump does,
1:22:01
but lots of people in America do.
1:22:04
However, when it came out that they were
1:22:06
innocent, and again, this isn't debatable, they are
1:22:08
innocent, Trump simply refused to believe it. When
1:22:10
asked about it in 2002, he said, if
1:22:14
you look at some of the prosecutors, they
1:22:16
think the city should never have settled that
1:22:18
case, so we'll leave it at that. So
1:22:20
Trump still thinks they're guilty. He will not
1:22:23
back down on that to this day. Well,
1:22:25
no, he probably realizes
1:22:27
they're innocent. He just doesn't want to
1:22:29
lose. Yeah, exactly. You never, ever
1:22:31
admit you're wrong. This is a
1:22:33
fundamental Trump philosophy. So
1:22:36
anyway, yes, so he does that. But
1:22:38
Trump has other things to think about
1:22:40
than trying to kill wrongly convicted minorities.
1:22:42
To try and simplify, the wealth of
1:22:44
Trump was all built on his image.
1:22:47
He had massive, massive amounts of debt
1:22:49
by this point, and all his money
1:22:52
was tied up in the success of
1:22:54
all his ventures. However, he had realized
1:22:56
that if he kept growing and building,
1:22:58
it looked like he's succeeding. So he
1:23:00
can always borrow more money. This is still
1:23:03
his business plan. Look like I'm
1:23:05
doing well, borrow more, invest. Borrow more,
1:23:07
invest. And hope the train never catches
1:23:09
me. There's after all your debt.
1:23:12
Yeah, after all, who wouldn't lend money
1:23:14
to the financial genius of Donald Trump?
1:23:16
So he keeps spending, he keeps investing.
1:23:18
But that is the reason
1:23:20
why you can't do that. The bills were
1:23:23
coming in, and the businesses
1:23:25
he was investing in were not all
1:23:27
going well. In particular, the casinos, the
1:23:29
crown jewel in the business rather than
1:23:32
the accommodation empire,
1:23:35
they were really struggling. The casinos
1:23:37
were being poorly run, to put it
1:23:39
bluntly. It did not help that he
1:23:41
was paying for three casinos and
1:23:44
all the rights to
1:23:46
be operating them and stuff. Paying the state
1:23:49
to have a casino there. All of that stuff,
1:23:51
he's paying for three of them. And
1:23:53
there were three casinos that were all taking
1:23:55
customers off each other. And they
1:23:58
were being run by family members with. no
1:24:00
experience, who were often rotated in
1:24:02
and out because as they started to not do
1:24:04
very well, Trump would fire them and just put
1:24:07
the new person in with no experience. So
1:24:09
he saturated his own market and his... Yeah.
1:24:13
In a constant state of flux. Yeah. When
1:24:15
Trump was told that Plaza Casino was only
1:24:17
going to bring in $64 million the next
1:24:20
year, Trump was very angry, because he
1:24:23
needed that number to be 95 or
1:24:25
over or he was in serious trouble. In
1:24:27
fact, I'll quote him, I'd spent $95, 100
1:24:30
million next year. Now
1:24:33
he was talking to the president of
1:24:35
Trump Plaza, who replied
1:24:37
that these... that the numbers are accurate. There's nothing
1:24:39
we can do. $64 million
1:24:41
is the projection. And to be honest, that's
1:24:44
generous. Trump
1:24:46
replied, and I quote, there's no way
1:24:48
that's going to fly. You guys better
1:24:50
get your fucking numbers squared away. At
1:24:52
that point, the president replied,
1:24:54
what the hell do you want from me? And
1:24:57
Trump replied, I want you to go back and do
1:24:59
your budget and get it up to where it should
1:25:02
be. And this was how it was
1:25:04
going across the board. This is what he was
1:25:06
doing in all of his business. Trump
1:25:08
increasingly was lying
1:25:11
to the banks and investors about
1:25:13
his worth and his projected profits. And
1:25:16
increasingly, he was being
1:25:18
sued by various groups who were starting to
1:25:20
catch on to the grift. I
1:25:22
was going to say, where's the scrutiny? Like, are the
1:25:24
banks doing their diligence and kind of going... No,
1:25:27
but they are not because
1:25:29
it's Donald Trump. And
1:25:32
Donald Trump's name is so big in
1:25:34
the late 80s that
1:25:36
banks, smaller banks, big
1:25:39
enough to be lending hundreds of millions, see
1:25:42
it as a win to be doing business with Donald
1:25:44
Trump. We're a bank that works with
1:25:46
Donald Trump, and he is a genius, don't you know?
1:25:49
So banks wanted to. And
1:25:51
no investigations were taking place because
1:25:53
he was too well connected. He
1:25:56
knew politicians and he
1:25:58
paid politicians lots of money. of money, often
1:26:01
the maximum amount you were allowed to contribute
1:26:03
to their campaign funds. And who knows if
1:26:05
there was anything behind the scene I wouldn't
1:26:07
like to speculate. Anyway, he
1:26:12
was also able to get a deal with a
1:26:14
bank that he was close to
1:26:17
to have an allowance, get this, of $450,000
1:26:19
a month. So almost half a million
1:26:22
pounds of allowance. Yeah,
1:26:28
the bank was just going to give it to him.
1:26:30
The bank knew that Trump going under would
1:26:32
ruin them because they've invested so
1:26:35
much in Donald Trump. So they
1:26:37
figured, well, let's keep him afloat. Let's just
1:26:39
give him some pocket money so he can
1:26:41
like stop his businesses
1:26:44
from going under. And then we're all happy because
1:26:46
we're all living on this pile of imaginary money
1:26:48
right now and everyone
1:26:51
goes under if Trump goes under. So he
1:26:53
was being given nearly half a million a
1:26:55
month at this point to buy
1:26:57
his bank to stop him from going under.
1:26:59
When it looked like his main casino would
1:27:01
indeed go under anyway, his father then arranged
1:27:04
for someone to buy $150,000 in chips in
1:27:06
the casino. So the next bill was magically
1:27:12
paid. This is very illegal. You can't
1:27:14
go into a casino from the streets
1:27:16
and say, hey, here, casino have lots
1:27:18
of money and then walk away again.
1:27:20
Oh, look, the casino can now pay
1:27:22
its bills. Yeah,
1:27:24
there are regulations for this kind of thing. But hey,
1:27:26
they did it. They
1:27:29
paid another bill with it. To
1:27:31
sum that path up, what I'm trying to
1:27:33
say is the casinos are starting to crack
1:27:35
under the strain of how badly they're being
1:27:38
run. In the meantime, personal life, he's going
1:27:40
through a divorce. Avania had
1:27:42
had enough with Trump's very obvious and
1:27:44
public affair he was having with Martha
1:27:46
Maples, who was a former
1:27:49
model and Miss Georgia winner. That's
1:27:51
his next wife. That's his
1:27:53
next wife. Yes, Trump very
1:27:55
publicly wrote a cheque for
1:27:57
$10 million for Avania settling
1:27:59
the up and then boasted to
1:28:01
the press that he was the only real
1:28:03
estate agent in the country that could write
1:28:06
a check for ten million dollars. The
1:28:08
truth is this cleaned him
1:28:10
out literally. At this
1:28:12
point he has no worth.
1:28:16
He is broke. And the bank
1:28:19
are not happy with him at all
1:28:21
because they are now essentially paying for
1:28:23
his divorce. They were even less happy
1:28:26
when they found out that Trump was
1:28:28
buying diamond rings and such for his
1:28:30
new mistress. That's not what
1:28:32
we're giving you all that money for Trump. We're
1:28:34
giving it to you so you can keep your
1:28:37
businesses afloat. Anyway eventually
1:28:39
all this catches up with him. In 91
1:28:41
he is forced to
1:28:43
declare bankruptcy on the two of
1:28:45
the casinos. He owed millions by
1:28:47
this point and he was
1:28:49
forced to sell a large amount of his
1:28:51
business interests and his mega yacht and able
1:28:54
to afford it. Newsweek described Trump as, and
1:28:56
I quote here, tarnished by a battery scandal,
1:28:58
mired in debt and negotiating with banks over
1:29:00
a hefty 3.2 billion
1:29:02
dollar debt. As ever however, hard to
1:29:05
actually figure out how much trouble was
1:29:07
in because he spent a lot of
1:29:09
money to keep a lot of stuff
1:29:11
secret. After his third casino goes
1:29:13
under, so they all go under, he started
1:29:15
making money in another way. His
1:29:17
businesses are folding from under him. Everything
1:29:20
is starting to collapse so he
1:29:22
gets an idea. Trump is a big name. I
1:29:24
will license out my own name. This
1:29:26
is what leads to all the humorous things
1:29:28
that we have now got and
1:29:31
it also leads to a game. Which of
1:29:33
these things do you think are real? So
1:29:37
these are businesses who apply to Trump
1:29:39
and say for this much money can
1:29:41
we use your name? Okay so it's
1:29:44
franchising himself. Yeah yeah okay
1:29:47
so I'll just say one you say
1:29:49
true or false. Trump Burger. True.
1:29:52
Good, now done. Trump Burger is true.
1:29:54
Trump vodka. True.
1:29:57
Yeah that one's real. Trump steak. True,
1:30:01
he likes steak. Yeah, Trump Steaks
1:30:03
Wheel. Trump Golden Ale. False.
1:30:07
Nope, that one's true. Trump Golden Ale was
1:30:09
a thing. Trump Ice. As
1:30:14
in frozen water. Yes. True.
1:30:16
Yeah, yeah, it's true. The
1:30:19
Trump-tini. These are going to
1:30:21
be true, aren't they? I mean, this is the last
1:30:24
one, and yes, they are all true. Yeah. Oh my
1:30:26
goodness. They're all true. Trump-tini,
1:30:28
by the way. I didn't
1:30:31
get organised enough. Maybe we will for
1:30:33
the next episode. Yes. Because
1:30:36
it is Bacardi Lemon.
1:30:38
So a lemon-infused white rum.
1:30:40
Okay. Contro, some sour mix.
1:30:43
So some lemon juice mixed
1:30:45
with some water and some sugar. And
1:30:48
a splash of cranberry juice. That's
1:30:50
a Trump-tini. Okay. So I figure we
1:30:52
should get that organised for the next
1:30:54
episode, and we can drink a Trump-tini
1:30:57
whilst we record. We could also
1:30:59
eat from Trump Ice and a Trump
1:31:02
Steak. That would be fun. I've
1:31:05
heard that Trump likes his steaks very
1:31:07
well done as well. Yes,
1:31:09
I've heard that. For being a germaphobe, I would understand
1:31:12
why. Because people do get
1:31:14
freaked out by like red meat and stuff. Yeah,
1:31:16
yeah, definitely. So when you
1:31:18
hear of all of these things, it's like, oh, Trump
1:31:20
did this, Trump did this. Actually, he had very
1:31:22
little to do with it. His
1:31:24
name got put on it. He usually did adverts for them. But
1:31:27
they're nothing really to do with
1:31:29
him. He's just sold his name
1:31:31
for cash. Anyway, according to the
1:31:33
Wall Street Journal, he spent five
1:31:35
years in the mid-90s negotiating with
1:31:37
banks and ending up paying half
1:31:39
of the 110 million that he
1:31:41
owed personally. That's
1:31:44
his personal debt. Somehow, though,
1:31:46
and I don't know how, he enters
1:31:48
the second half of the 90s
1:31:50
in a position to start growing the
1:31:52
business again. I want to tell you
1:31:54
how he did this, but I'm just
1:31:57
going to use a quote from an
1:31:59
attorney from the New Jersey Attorney General's
1:32:01
office. office, which had spent years looking
1:32:03
into the many irregularities in Trump's businesses.
1:32:05
I will quote here, I'm
1:32:07
not certain if there's any
1:32:09
one person on our staff that really
1:32:11
understands it. Wow. It
1:32:14
is such a mire convoluted mess of
1:32:16
business deals shady goes on. It's just
1:32:18
impossible to unpick. But what we do
1:32:21
know is he is in hundreds of
1:32:23
millions of dollars debt personally, at the
1:32:25
start of the 90s by the end
1:32:27
of the 90s, he's starting to grow
1:32:30
as a business again. Yeah. Anyway,
1:32:32
he decides to go into the Miss
1:32:34
Universe game at this point. Wonderful.
1:32:37
Yes. In 96, he
1:32:40
buys Miss Universe organization, which includes
1:32:42
Miss USA and even more disturbingly
1:32:44
Miss Teen USA. I'm
1:32:47
not going to go into all the CD
1:32:49
stuff around this because believe me, there's so
1:32:51
much stuff. We're on a time limit. And
1:32:53
this is all very, very depressing. And I
1:32:55
just don't want to spend my time researching
1:32:57
yet. I'm talking about it, frankly. But
1:33:00
this is where the later infamous Hollywood
1:33:02
access tape is what it was about.
1:33:04
It's not when it was recorded. But
1:33:07
this is where Trump is bragging that
1:33:09
he could easily sexually assault
1:33:11
the women involved. And
1:33:13
they would let him do it because he was
1:33:16
a star and he owned the business. Is
1:33:18
this the grab them by the cap kind of thing? Yeah,
1:33:21
exactly. Yeah. And he's
1:33:23
regularly walking into the changing rooms of
1:33:25
these contestants as they are getting changed
1:33:28
and all sorts. It's all very,
1:33:30
very silly. Anyway, he's now in
1:33:32
that racket. So there you go.
1:33:35
He also carried on his business method of
1:33:37
borrowing large amounts of money using fraudulent, overinflated
1:33:40
estimates of his worth and using that money
1:33:42
to invest in other projects that he could
1:33:44
then use to borrow more money, et cetera,
1:33:46
et cetera. He's just going back into the
1:33:48
same manner. Yeah. Right. And
1:33:51
here I have made a decision. This is a
1:33:53
decision I ran by our Patreons on Discord just
1:33:55
to make sure I'm getting this right. As
1:33:58
I said at the top of the episode, I am determined. to
1:34:00
get Trump done in three episodes. And
1:34:02
I got to this point and I realised I've
1:34:04
already exceeded my word limit, and I, well, South
1:34:07
imposed a word limit to stop episodes getting too
1:34:09
long, and I wanted
1:34:11
to get to him declaring his
1:34:13
run for presidency in this episode. And
1:34:15
we are still a decade
1:34:17
to go. In fact,
1:34:19
a couple of decades. But I am determined
1:34:22
to start the next episode talking about him
1:34:24
trying to come present. So what I'm going
1:34:26
to do is incredibly, quickly,
1:34:28
I'm just going to gloss over two decades. I
1:34:32
think we know enough about him
1:34:34
to make a judgement about his
1:34:36
business deals. I don't think anything
1:34:38
hugely different or new happens. It's
1:34:40
just new things he buys and
1:34:42
new things he does. Things like
1:34:44
Trump University, which is a place
1:34:47
where you can buy a certificate
1:34:49
and say you've done a course on
1:34:51
my business. That got sued because
1:34:54
it's not actually teaching anyone anything, anything and
1:34:56
Trump University have to be shut down. So
1:34:58
things like that happen, but I'm just not going to
1:35:01
go into them. Because we
1:35:03
just don't have time in this podcast.
1:35:05
And I'm not spending three months of
1:35:07
my life looking into this and
1:35:09
doing five episodes. I'm just not. Here we
1:35:12
go. Take two decades and like three
1:35:15
minutes or something. In 1999, he divorced his mother.
1:35:19
They got wed in 93, by the
1:35:21
way, because by this time, he was already
1:35:23
having an affair with his new ex model.
1:35:25
And this time, it was a woman from
1:35:27
Slovenia called Melania. He
1:35:29
obviously has a type does Donald
1:35:31
Trump models with
1:35:33
accents. She was 27 to Trump's 51. So
1:35:37
it's getting a bit icky by this point. Anyway,
1:35:39
he married her in 2005. However, something new
1:35:43
and exciting happened at this point. In 2004, he was hired to be the host
1:35:45
of a new reality
1:35:48
TV show called The Apprentice.
1:35:51
Yeah. Now the producers had approached Trump
1:35:53
who was reluctant at first saying that
1:35:56
reality TV was my quote for the
1:35:58
bottom feeders of society. He looked
1:36:00
down on this, this was awful. However,
1:36:03
he was soon run over in
1:36:05
a meeting about it because they
1:36:07
told him the idea of the
1:36:09
show was, you will be yourself
1:36:12
and you will be a business genius.
1:36:16
And Trump liked the sound of that. And
1:36:18
this show, more than anything else, gave
1:36:21
Trump the stardom that he had been looking
1:36:23
for his whole life. Each
1:36:25
week he would get to play the tough boss
1:36:28
who always seemed to know what
1:36:30
he was talking about. And he
1:36:32
was a natural at it. Again, many things
1:36:34
to criticise him about, this was something he
1:36:36
did well. He was good at hosting this
1:36:39
reality TV show. After taping the
1:36:41
pilot, the producers instantly realised that this
1:36:43
is going to be about Trump, not
1:36:45
about the contestants. We thought it
1:36:47
was going to be about the contestants, it's not. Trump
1:36:50
was brash. He went off script to
1:36:53
the point that he'd ignored the script,
1:36:55
he refused to follow a script, he
1:36:57
talked a whole bunch of nonsense, lots
1:36:59
of it made no sense, but especially
1:37:01
after a bit of editing, it made
1:37:03
for brilliant TV. Catchphrase,
1:37:06
You're Fired was invented by Trump.
1:37:09
Yes, he wasn't told to do that, it was ad-libbed
1:37:11
and they loved it, it was kept and it was
1:37:13
imported to all the other versions of The Apprentice that
1:37:15
went round the world. For 14
1:37:17
seasons he hosted this show, making
1:37:19
him a household name across
1:37:22
the whole country and cementing this idea
1:37:24
that he was a business genius. Despite
1:37:27
the fact that he had only
1:37:30
really been running of failing companies since
1:37:32
the 80s. I mean, he had had
1:37:34
some successes obviously, but a lot of
1:37:36
things had gone very wrong. And
1:37:39
it was whilst he was the host of The Apprentice
1:37:42
that he became obsessed with ratings.
1:37:45
Apparently his mood would alter radically depending
1:37:47
on what the ratings were week on
1:37:49
week, he just had to know what
1:37:51
his ratings were. You see that this
1:37:53
never goes away, because when he was
1:37:56
campaigning and when he was president, he
1:37:58
was quite often... talk about his
1:38:01
ratings. Yeah. Which was interesting. But
1:38:03
yeah, it comes from this time
1:38:05
on The Apprentice. It was him
1:38:07
judging how well he was doing.
1:38:09
Anyway, this is where we're going
1:38:11
to leave Trump. A popular reality
1:38:13
TV host with a paper business
1:38:15
empire, increasingly doing more
1:38:17
and more interviews on TV and starting
1:38:20
to wade into politics. He also had
1:38:22
a stint in WWE as well.
1:38:24
Yes, he did, which I decided not to
1:38:26
go into because I started looking into it
1:38:29
and just went, oh, that's a lot of
1:38:31
information. We don't have time. I'll just cut it
1:38:33
out. But yes, he absolutely did. There is a
1:38:35
lot that I've missed out. He gets all over
1:38:37
the place. We don't have time to go into
1:38:39
it all. And I will decide that when I'm
1:38:42
doing my notes where we jump back in, because
1:38:44
I know I brushed over a lot, maybe I'll
1:38:46
go back and look into a
1:38:48
bit of stuff. I'm determined to get him
1:38:50
down those escalators declaring he's going
1:38:53
to run for president at roughly the start of
1:38:55
the next episode. So there you go. That's Trump
1:38:57
part one. We've done a Trump episode. Did any
1:38:59
of that surprise you? Nope. No.
1:39:02
Although I do feel more sorry for him.
1:39:04
I think there's lots of things that probably
1:39:06
happened as charters they're unaware
1:39:08
of, or it could just be a genetic
1:39:11
trait that he is sociopathic. I don't know.
1:39:13
Yeah. It's all very armchair
1:39:17
psychologist, isn't it? Yeah. But, and
1:39:19
I don't mean it in a,
1:39:21
oh, he's crazy. He's violent. He
1:39:23
clearly struggles with empathy and his
1:39:25
father does as well. This is
1:39:27
clearly a characteristic of both the
1:39:29
Trumps. Yeah. He just
1:39:32
demonstrated throughout his whole life. And also
1:39:34
he has no shame and is
1:39:36
a compulsive liar. But he knows how
1:39:38
to sell himself. And that
1:39:41
is his biggest quality. Yeah, he does.
1:39:43
And it's what he's most proud about.
1:39:45
And he's proud for a reason. He's
1:39:47
good at that. Yeah. In fact, he's
1:39:49
so good at it. He eventually becomes
1:39:51
president based on it. I mean, that
1:39:53
is phenomenal. It hurts me when you
1:39:55
say that. Yeah. I, nothing jumped
1:39:57
out of really surprised me. There was some details. about
1:40:00
his early life that I wasn't aware about. I was
1:40:02
expecting to be able to find out a bit more,
1:40:04
but like I say it's hard to find out some
1:40:06
of the stuff. He doesn't like people knowing about him.
1:40:08
At least he's our past. Right, okay well we're gonna
1:40:10
leave it there. Yeah, that's
1:40:13
a good idea. That is Trump, thank
1:40:15
you very much for listening. Thank you for
1:40:17
downloading us wherever you do download us, and
1:40:19
also thank you for our patrons. You do
1:40:21
allow Rob to keep keep you continue doing
1:40:23
what he's doing. Um
1:40:26
yeah and I think
1:40:28
that's it no special mention, no
1:40:30
news at the moment. Don't
1:40:33
hate that. Nope. Well let's just say goodbye
1:40:35
then. Right, thank you very much and goodbye.
1:40:38
Goodbye. Mr
1:40:53
Trump, Mr Trump, I came as soon
1:40:55
as I could, so you said it was urgent on
1:40:58
the phone. Is there a problem
1:41:00
with the new apartment? I mean I think it's
1:41:02
built perfectly to your specifications. We've got a
1:41:05
lot of gold in there. I need to
1:41:07
ask you a question. Is this
1:41:09
the best apartment in Manhattan? I
1:41:12
mean yes, yes Mr Trump. Obviously it's the
1:41:14
best. I mean you should have seen all
1:41:17
that marble. It's
1:41:19
a lot of marble. We had to put several new
1:41:21
beams in the entire building just to keep it up.
1:41:25
It's a lot of marble sir. Yes,
1:41:27
this is definitely the best apartment and
1:41:29
the size of the living room, huge,
1:41:32
huge. In fact if I look at
1:41:34
the specifications here, huge. So yes,
1:41:38
very very very big.
1:41:40
Yes, is there a problem? Well
1:41:43
Koffee-Fee, I agree with you because obviously
1:41:45
this is the best apartment in Manhattan.
1:41:47
Of course it is. I'm Donald J
1:41:49
Trump, damn it. Yes, yes
1:41:51
of course, of course. So what's the
1:41:53
problem? I want it bigger. But
1:41:56
bigger? Bigger. I want more space.
1:41:59
I need more. marble I need more gold
1:42:01
I need more frescoes I need more
1:42:03
of those things that go from the
1:42:05
floor to the ceiling made out of
1:42:07
marble I need more of those more
1:42:11
pillars mr. Trump I
1:42:13
want bigger floor space I want more pillars
1:42:15
I want them huge but okay
1:42:17
mr. Trump can I just remind you about
1:42:19
the conversation we had a couple of months
1:42:22
ago about how the living room now literally
1:42:24
goes from one end of the building to
1:42:26
the other and if you want more floor
1:42:28
space you would need to have to actually
1:42:31
build out of the building you
1:42:37
want me to build outside
1:42:40
your window yes do
1:42:43
it can
1:42:45
you do it do I need to find someone better
1:42:47
I mean I can I
1:42:49
can do it but you do realize
1:42:51
mr. Trump that you have hired me
1:42:54
as an interior decorator I am here
1:42:56
to make your apartment look
1:42:58
the way you want it so you're
1:43:00
saying you can't do it then you
1:43:02
can't build an external I interior
1:43:05
design I would argue that
1:43:08
the exterior the current exterior
1:43:10
of this penthouse suite of
1:43:13
this tower block doesn't fall
1:43:16
in my remit and in fact I would I
1:43:18
mean I don't want to obviously I don't want
1:43:20
to argue but I would would suggest
1:43:22
that that would fall
1:43:25
under the person who constructed the
1:43:27
building in the first place but
1:43:29
well fine fine I just get out get
1:43:32
out of building I don't want your hair
1:43:34
just get out your mucking up some marble
1:43:36
look at your dirty feet just get out
1:43:38
of here get out of here I'm
1:43:42
going you know what this has been
1:43:44
a disaster everyone laughs at this building
1:43:46
it is clearly insane no one lives
1:43:48
in a palace of gold this is
1:43:50
ridiculous you can't get rid of me
1:43:53
I quit you you
1:43:55
can't quit because you're
1:43:57
fired You're...
1:44:01
you're fired. I
1:44:04
like the sound of that. Trump
1:44:13
Tower. I'm
1:44:18
sorry, Mr. Trump. Are you okay? I'm fine. Why?
1:44:20
What are you talking to? Get
1:44:23
out! You're fired! Yeah, I like
1:44:25
it. I like it. You're
1:44:28
fired. You're fired. You're
1:44:32
fired. You're
1:44:34
fired. Yeah, I like
1:44:36
it. You're...
1:44:39
You're fired. You're
1:44:42
fired. You're
1:44:45
fired. You
1:44:47
are fired. You're fired!
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