NEW YORK TIMES PROVES IT IS FAKE NEWS: Shreds Years of Its Own Reporting on Trump Tax Fraud and Russiagate

NEW YORK TIMES PROVES IT IS FAKE NEWS: Shreds Years of Its Own Reporting on Trump Tax Fraud and Russiagate By David Haggith for The Great Recession

The NYT’s much-heralded exclusive claiming that Trump is “profiting” from his presidency despite going “broke” during his tenure has more potholes than a New York alley.

You don’t have to look any further than at the big breaking story in the NYT this week about the US president’s taxes to find a treasure trove of evidence that it really does publish fake news. In fact, the Times must relish doing so, or it wouldn’t have taken years to investigate and then simply rush out a story that is so obviously littered with fake diamonds right there on the surface for all to see.

Here is the evidence that the paper of record misconstrues raw facts into fake news. It’s demonstrated by the story’s internal inconsistencies and the wild leaps of logic that are necessary to take its newly disclosed evidence from Trump’s tax documents to where it was hoping the story would lead when it started gathering evidence.

The numbers don’t add up

The New York Times says Trump’s “proceeds from fame continued to tumble, falling below $10 million in 2017 and to $2.9 million in 2018.” It uses this statement to claim he “was in need of financial reinvigoration.” Then it states, as if it can determine Trump’s internal motives from these bare facts, this financial desperation motivated him to run for president.

It must be using some kind of ultra-new math to come up with the timeline-twisting logic to leap from those scant facts about a drop in Trump’s wealth in 2017 and 2018 to the conclusion that they must have been the reason he ran for president in 2015. What?

The paper’s numerical rabbit hole gains even more twists and turns when it tries to use Trump’s tax records as evidence for its own longtime claim that he is profiteering from the presidency. After raising the question, once again, as to whether his businesses benefit from his being in office, the NYT answers its own question in the affirmative, saying “in some respects.”

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David Haggith

Knave Dave — vigilante against the false profits of The Great Recession Too many criminal CEOs still fill their porky bellies with the biggest taxpayer bailouts in the history of the world. These bailouts protect their reputations, saving them from the fall they should have taken. They continue to receive bonuses for having done an unparalleled job of destroying their companies! Many of their companies wouldn’t be making any profit at all if not for the interest they’re making off of nearly free government bailouts. Just this week Hewlett-Packard fired its CEO, but is still paying him a bonus of millions of dollars in exchange for a year of corporate wandering in the wilderness. Netflix’s CEO cost his company hundreds of thousands of subscribers and had to reverse his decision. Bank of America’s CEO launched a debit-card fee plan that was immediately stupid in the eyes of many, but greed an arrogance led him to think he could pass it by his customers, and he lost customers in droves and had to reverse his decision, as did the many major banks that followed him. Since these corporate leaders do things most of us can immediately see as being dumb, why are they rewarded with salaries a thousand times greater than many of us make?