For your chuckle of the day, check out Bess Levin’s “Jared Kushner, dimpled slumlord” piece in Vanity Fair, which begins…
Though we can’t say for certain, in all likelihood, Jared Kushner spent the afternoon rocking back and forth in a fetal position under his desk, emitting soft moans that left White House aides frantically searching for what they assumed was a wounded animal loose in the building. After entering the West Wing last year with a slate of modest goals that included solving America’s opioid epidemic, bringing peace to the Middle East, overhauling I.T. infrastructure, and more or less “re-invent[ing] the entire government,” and rounding out his first year there with approximately zero of these items accomplished, the First Son-in-Law on Wednesday found his downpour of a week upgraded to a Category 5 shit-storm.
Within a 48-hour period, Kushner had his interim security clearance downgraded; learned that his P.R. guru is quitting; and was the subject of a mortifying article in The Washington Post alleging that officials in at least four countries have discussed ways to manipulate him “by taking advantage of his complex business arrangements, financial difficulties and lack of foreign policy experience.” To cap things off, on Wednesday, multiple outlets reported that the New York Department of Financial Services has requested information from several banks “about their relationship with Kushner and his finances,” among them Signature Bank, New York Community Bank, and Deutsche Bank, the latter of which Kushner has been a client for years, and from which he and the First Daughter have unsecured lines of credit between $5 million and $25 million, while Kushner and his mother, Seryl, reportedly have an unsecured line of credit valued at up to $25 million. In December, The New York Times also reported that the Kushner family business, Kushner Companies, had received a $285 million loan from Deutsche in 2016, and that Jared had “ordered up a glowing profile of [executive Rosemary] Vrablic in the real-estate magazine he owned,” with a disclosure about their connection at the very end of the article. According to The Wall Street Journal, the inquiries are “expansive” and “comprehensive,” meaning the senior adviser to the president can expect the equivalent a full-body cavity search of his finances.
Obviously, it’s a situation the boy prince never expected to find himself in, given that his life thus far has primarily involved working at institutions run by his ex-con father or his father-in-law, where he was accustomed to never being told no. And speaking of Charles Kushner, who went to prison for, among other things, setting up his brother-in-law with a prostitute, taping the encounter, and sending it to his sister as retaliation for cooperating with the government, perhaps he’ll have some fatherly words of wisdom to impart re: the big house, should things progress to that point.
(click here to continue reading Kushner Cos. Claims Jared Is a Victim of “Harassment” | Vanity Fair.)
Jared Kushner has been a wormtongue to Trump for a long time. If he had any self awareness, or perhaps paid attention to the history of other Trump sycophants, Kushner might have been aware of what being in Trumpland inevitably leads to – debasement, humiliation, degradation, and even possible jail time.
Sad! Jarvanka might not get the last laugh at Bannon’s expense after all…
The polite term for slumlord is predatory capitalist, but it doesn’t have quite the zing. And since I had to refresh my memory:
In a feature for ProPublica and the New York Times Magazine, journalist Alec MacGillis shined light on the role of Jared Kushner—son-in-law and close adviser to President Trump—as a real estate developer and landlord. In 2011 and 2012, seeking a stable source of revenue, Kushner and his partners purchased thousands of units of working-class housing in the inner-ring suburbs of cities like Baltimore and Pittsburgh. Their largest holdings are in Baltimore County, Maryland, where they control 15 complexes that house up to 20,000 people in total. And in managing these properties, reports MacGillis, Kushner is a harsh and unforgiving landlord.
Kushner’s company is relentless in its pursuit of “virtually any unpaid rent or broken lease—even in the numerous cases where the facts appear to be on the tenants’ side.” Residents are slapped with thousands of dollars in fees and penalties, even if they had previously won permission to terminate a lease. All of this is compounded by poor upkeep of facilities. MacGillis describes one family that has had to deal with mold, broken appliances, and physical damage to their unit—even after paying the management company for repairs. In one complex, a resident “had a mouse infestation that was severe enough that her 12-year-old daughter recently found one in her bed.” In another, raw sewage flowed into the apartment.
(click here to continue reading Jared Kushner’s life as a predatory capitalist..)