Donald Trump is a guy that makes things. Whether it be gaudy buildings, crazy television shows or insane allegories, Trump is a man that likes to see what he's dealing with.
According to America's favorite venal New York City-based contractor, just looking at numbers and moving them around is not man's work. It's for wimps and losers... Like hedge fund managers.
Trump appeared via phone on CBS' "Face the Nation" Sunday morning to double-down on his newest favorite topic: His deep and abiding love for the middle class.
You see, class warrior Trump told Time in an interview conducted last week that "I want to save the middle class." And he wants to do it even though he's so very very rich.
But with President Trump, everything positive requires a villain to defeat in order to accomplish it. His choice of villain this time are his fellow billionaires... but like hedge fund managers not developers.
Here's what Trump said on Sunday :
"They're paying nothing and it's ridiculous. I want to save the middle class," Trump said. "The hedge fund guys didn't build this country. These are guys that shift paper around and they get lucky."
And to clear up any confusion, Trump also said this:
"The hedge fund guys are getting away with murder."
To fight these dangerous, desk jockeying nerds, Trump is pledging to reform the tax code and make it so that there are no more loopholes to keep billionaires like himself from paying what they owe. The plan is not wholly original... but then again Trump is running as a Republican.
Trump's new attack on the carried interest loophole is a tentpole of Hillary Clinton's campaign and a favorite topic of Bernie Sanders. Sanders has gotten a ton of attention for railing against hedgies and their tax-dodging, so it stands to reason that The Donald got a little annoyed having to cede any of the spotlight and tried out some of Bernie's material.
Then again, Trump does to like make things personal, so it was not too surprising that he told "Face the Nation" that he is intimately familiar with the world of hedgies. ""Some of them are friends of mine, some of them I couldn't care less about," Trump trumped in response to a question about his personal relationship with hedge fund managers.
By "friends," Trump is probably referring to his homies over at BlackRock - where he's parked somewhere between $25 million to $50 million - or his bros at Angelo Gordon - where he's got a few million sitting in two funds.
One hedge fund manager that can probably put himself in the latter camp of "Trump could care less" is John Paulson. You might remember that when Trump disclosed his sterling and super-winner financial statements a few weeks back, the only fund that had the temerity to lose Trump any serious amount of money was one managed by Paulson.
So when President Trump is inevitably elected to the highest office in the land, John Paulson can probably expect an audit.
Donald Trump Explains All [TIME]