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No, Mr. Trump, nothing made you smart. To illustrate: You think a VAT tax is a trade tariff.

Nick Confessore

Reporter

9:20 PM ET

Just to pull back for a second here, you can see a part of Clinton’s strategy. She is not campaigning against him as a crazy man. She is campaigning against him as a traditional and, in her argument, flawed conservative Republican.

First Clinton and Trump Debate: Analysis, New York Times, live blogging of debate

Yay.

Okay, all you regular Bear readers won’t be surprised that my most favoritist lines in the entire debate were, “We settled the suit with zero — with no admission of guilt. It was very easy to do.”  And, “I settled that lawsuit with no admission of guilt, but that was a lawsuit brought against many real estate firms, and it’s just one of those things.”

He settled that lawsuit with no admission of guilt.  Which is how lawsuits traditionally are settled.  It’s also why lawsuits of certain types are settled for more money than they otherwise would be; an admission of guilt gets you a settlement discount.

This particular type of lawsuit normally is settled with no admission of guilt–just a court decree in which the defendants promise to stop doing what they were not guilty of doing.  An admission of guilt would defeat the main purpose of settling: minimizing harm to the reputation of the business and its owners or executives.

Those lines of Trump’s last night, stupifyingly stupid as they were, did have some tough competition for my designation of The Best.  After all, there was that protestation by Trump that his cheering for the housing-bubble collapse is “called business, by the way.”  And that an architect Clinton mentioned who was among the thousands of workers and small-business owners whom Trump has refused to pay after they’s completed the work for him “maybe” “didn’t do a good job and [Trump] was unsatisfied with his work.”

And that Trump’s never paying any federal income taxes “makes [him] smart.”

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