Money and Revenge

The Making of Donald Trump by David Cay Johnston
Brooklyn : Melville House, [2016]
xvi, 263 p. ; 24 cm.

I'm a pretty cynical person by nature, but this book is a very depressing summary of the life of Donald Trump, who is now President Donald Trump.  David Cay Johnston is an investigative reporter who has been covering Trump since the late 1980s.

Probably what makes this book so stunning, is the unrelenting negatives that make up Trump's life.  A reader hoping to find something redeeming in the actions of Donald Trump will come away with nothing.  Instead what emerges is a person who is incredibly talented at skirting the edges of legality to make himself famous and - whether or not as wealthy as he claims - a conduit for the transactions of vast sums of loans, credits and money.

Sadly, what emerges is the portrait of a man who celebrates revenge and greed, and treats women as objects.

Johnston released his book in August of 2016, probably hoping that it would dissuade voters from supporting Trump.  That, obviously, was not the case.

If a student is interested in a well researched, well documented accounting of the life of Donald Trump, this is a book to recommend.  As for President Trump, we will have to wait several years at least, for a book that will provide an assessment of the life of President Trump and what the results of that will be.

In Greed We Trust

Griftopia by Matt Taibbi
New York : Spiegel & Grau Trade Paperbacks, 2011.
299 p. ; 21 cm.

How can you not want to read a book by the author who described the sleazy investment bank, Goldman Sachs, as "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money"? Taibbi writes with a lot of emotion (often peppering his prose with well-deserved name calling and occasional cuss words) but also with a quiver full of meticulously documented facts and knowledge.  He manages to make a raucous, fun read out of a subject that is both very complicated - can you say Collateralized Debt Options and Credit Default Swaps? - and very infuriating .  

After reading this book, you will never look at mortgages, investments, bailouts and Wall Street in the same light.  This is a book which will shake your faith in the fairness of the financial system in the US, but it will also make you smarter as you start to understand the outright fraud and criminality that lead to the great crash of 2008.  

And you might even find yourself laughing out loud as you read it.  So what are you waiting for?  Read it!