Madoff only scammed his rich clients. Trump could scam us all.
By Nomi Prins
September 29, 2016
photo above: Gage Skidmore
Trump vs. Madoff, The Scorecard
Madoff took advantage of individuals. Trump extracted tax breaks from entire cities.
Madoff broke the law and got caught. He’s in jail. As a felon, he can’t even vote in this election. Trump may have broken the law, and has bragged about paying people off, but now deflects everything and is running for president.
In 2007, while Madoff was enjoying himself at Mar-a-Lago Country Club, Trump’s premier Palm Beach hotel, The Donald racked up $120,000 in unpaid fines to that city. In exchange for a$100,000 donation to a veterans’ charity, the city agreed to forget about it. That check came from the Donald J. Trump charitable foundation (that is, from other people’s donated money), not from The Donald himself. This seems to have been typical. According to The Washington Post, more than a quarter of a million dollars from his charity went toward solving his own business woes, a violation of “self-dealing” laws. Madoff actually did donate money to charity. Okay, technically, it wasn’t his money either, but at least he had the decency to pretend it came from his own pocket.
Madoff never ran for president.
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