Deep Throat advised Woodward and Bernstein to follow the money. In the case of Donald Trump, reporters are beginning to take the same advice. Michael Harris writes:
Suzanne Craig of the New York Times reported in the paper’s international edition that Trump’s heavily-marketed self-image is as phoney as a degree from Trump University. Trump-owned companies carry a debt of $650 million, which, as the Times reports, is “twice the amount than can be gleaned from public filings he has made as part of his bid for the White House.”
It’s pretty clear why he won’t disclose his income taxes, and why he will never allow any independent valuation of his net worth. It kind of looks like he’s up to his assets in debt?
They followed the same advice when they looked into the finances of Paul Manafort, Trump's campaign manager:
What kind of a dude was he? The kind whose name showed up on a secret ledger in Ukraine that listed $12.7 million in cash payments to Manafort from the political party of deposed Ukrainian President and Russian puppet Viktor Yanukovych. When the New York Times reported that, Manafort still thought that he could hold on.
But then the second shoe dropped: the Associated Press reported that in 2012, Manafort and his deputy, Rick Gates, had secretly channeled $2.2 million to a pair of Washington lobbying firms to boost the image of the Kremlin-backed Ukrainian president in a way intended to circumvent disclosure requirements.
So, Manafort had to go. But, then, Trump made a name for himself by firing people. Still, all this merely underscores a point which should have been clear from the beginning: Trump -- and Trump Tower -- is a House of Cards.