Friday, January 25, 2019

The Difference in Rich Old White Men and the Rest of Us

Donald Trump and his cabinet, typified by Wilber Ross, simply do not understand life for most people. In particular, during this government shut-down the plight of regular people is incomprehensible to them. Let us look at these to quotes.


Right there in black and white (get it?) is the problem.They have never had a money problem that a real person has.  Donald Trump has gone through 4 bankruptcies and banks work with him. And, when you are doing millions of dollars of business with a retailer, they will cut you a break if you have problems.

Wilber Ross says get a loan, because any bank will give you a loan with the promise that the feds will pay your back wages.But for real people, the banks don't take our words as collateral.

Here is the problem - as I once told my husband when he was worried because our two house loans were balancing on days of cut-over.  When you owe the bank $100,000, it is your problem. When you owe the bank $1 Million dollars, it is their problem and they will work to fix it.