Podchaser Logo
Home
45.1 Donald Trump

45.1 Donald Trump

Released Friday, 19th April 2024
Good episode? Give it some love!
45.1 Donald Trump

45.1 Donald Trump

45.1 Donald Trump

45.1 Donald Trump

Friday, 19th April 2024
Good episode? Give it some love!
Rate Episode

Episode Transcript

Transcripts are displayed as originally observed. Some content, including advertisements may have changed.

Use Ctrl + F to search

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!

Rate

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Episode Tags

Do you host or manage this podcast?
Claim and edit this page to your liking.
,

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features