Failson:
failson (plural failsons)
- (Internet slang, derogatory) An incompetent, unsuccessful middle- or upper-class man who is protected from economic duress by his family’s wealth or influence. [Wiktionary]
Well, I’ll be. Noted in “The President Of The 0.00001 Percent,” Andrew Sullivan, The Weekly Dish (paywall):
How did the Trumps pull this off? The incomprehensible bullshit called crypto currency (i.e. WLF) induces a coma in most voters; and the ethical conflicts are “resolved” by having the failsons of Trump, Howard Lutnick, and Steve Witkoff “run” the businesses while their dads direct government policy. Here’s nepo-baby Zach Witkoff at a crypto conference in Dubai last year announcing the deal with WLF, sitting next to the heir-spare Eric Trump:
We really need to take a page out of His Highness’s and the Emirates’ book. They are just an amazing example of how you can lead with innovation while also maintaining your family values.
Really makes you wonder about David Ellison, the son of database magnate Larry Ellison. The son is in charge of CBS, Paramount, and various other properties, and is the dude who brought in Bari Weiss and The Free Press for a few hundred million dollars. I’d never even heard of David Ellison before now.
Given how much Weiss received, I’d say rookage occurred.
No, I do not recognize the reference to ‘WLF’. Searching on it revealed WLF Irrigation Service.
