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Donald Trump Bails Out Ed McMahon

Saturday, August 16, 2008

Donald Trump knows how to make the best of a difficult situation, in fact he capitalizes on them. In interest of full disclosure I will admit that I am a fan of Donald Trump. I know he is someone that everybody loves to hate, but he brushes it all of with ease, because he knows how to play the game of life.

Ed McMahon’s story was of epic fail proportions. Here you have this guy, eighty five years old with five kids and trophy wife… you think he has a large enough nest egg to ride it out to the end. He was living it up and leaving nothing to legacy. He lived hard, drank hard, and drowned himself in frivolous luxuries. The problem is; he outlived his life expectancy. He ran out of of money before he could die on his last dollar. Ooops.

We hear the opposite side of the spectrum all of the time, those who lived modest and died with hundreds of millions in their account. Some people make money just to make it, because they are good at it, others make it to spend it. Trump is both archetypes, Ed McMahon is only one them.

We like to watch this happen. The Britney Spears burnout, the Lohan drug induced downfall, Paris Hilton’s DUI. The opposite of the American dream is America’s guilty pleasure.  Mike Tyson burned through over $300 million faster than it took him to make it. Nobody expected it from Ed McMahon though. Ed McMahon was the black swan, and that makes the story even juicier.

While America was Googling Ed McMahon’s salary, investigating his alcoholic intake and throwing money at trash rags capitalizing on an old man’s downfall, Trump fixed the glitch and walked out a hero.

We haven’t heard much from Trump lately, he is busy, buying things out from imminent foreclosure, investing in a buyers market, having a hay day during our “economic crisis”.  I highly doubt he is too interested in flipping houses, but a 7.5 million dollar home on the market for 4.5, the cost benefit analysis doesn’t leave you stuck with chump change. I’m sure Ed McMahon got a fair lease rate, I am also sure it is as much as he could possible afford to give without going broke. 

Trump is known for his philanthropy, and I believe that he gives back more than most people credit him for. It’s not just a tax write off, he really is trying to help and he really did bail Ed out when he needed it. However, you would be horribly mistaken to believe that Trump wasn’t walking out ahead on just another day’s work.

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