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News Economy Tuesday, Jun 28 2016

Financial Turmoil: Bad For Us, Good For Trump

Jun 28, 2016

In 2006, Donald Trump hoped for a housing market crash: “I sort of hope that happens because then people like me would go in and buy.” Trump’s wish came true, and millions of Americans lost their homes and jobs — presumably as he padded his pockets. Trump doubled down on those statements reiterating on the trail that, “That’s the kind of thinking we need,” and, “If it goes down, it goes down.

In a similar line of reasoning, Trump callously asserted last week that “If the pound goes down, more people are coming to Turnberry, frankly.

As global markets continue their steep decline this week, Donald Trump is only concerned with his bottom line and congratulating himself for making the “correct call” on Brexit. There’s no separation between Trump’s campaign and his business interests. “, millions are watching their retirement accounts take a hit. But hey, at least he has, “the greatest par 3 anywhere in the world.

CNN Money: Trump rooted for the housing crash. I lost everything

Tampa Bay Times: Trump responds to Clilnton attack on housing crash: ‘I’m a businessman, that’s what I’m supposed to do’

Atlanta Journal Constitution: Trump was ‘excited’ about possible housing-market crash in 2007

NBC News: Trump in 2007: ‘I’m Excited’ for Housing Market Crash

CNN: Donald Trump in 2006: I ‘sort of hope’ real estate market tanks

Published: Jun 28, 2016

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