Donald Trump

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Comments

  • The JugglerThe Juggler Posts: 49,569
    Are you calling my seeking clarification of an erroneous statement ignorant?

    That sounds hateful.
    Nobody is taking the time to read that book. Bottom line is mace needs to wake up a whole hell of a lot earlier. 
    www.myspace.com
  • mickeyratmickeyrat Posts: 42,720

    Trump steps out of the White House and into a company in crisis

    Jan. 21, 2021 at 7:35 p.m. EST

    Donald Trump returns to his company this week as it faces a deepening crisis, with key properties bleeding revenue and its bankers, lawyers and customers fleeing the company.

    Financial disclosure forms, filed by the former president as he left office, revealed that his hotels, resorts and other properties had lost more than $120 million in revenue last year, as the pandemic forced long-term closures and kept customers home.

    Those losses were worst in the places where Trump could least afford it: His Washington hotel, which has a $170 million loan outstanding, saw revenue drop more than 60 percent. His Doral resort in Miami — also carrying a huge debt load — saw a 44 percent drop.

    On Thursday, the company’s troubles grew: One of its banks and one of its law firms said they would cut their ties with the Trump Organization. They are the latest in a string of vendors and customers who severed their relationships with the company after Jan. 6, when a mob of Trump supporters attacked the U.S. Capitol directly after he addressed them at a rally.

    President Trump left the White House for the final time in his presidency on Jan. 20, before traveling to West Palm Beach, Fla. (The Washington Post)

    The picture emerging shows the inversion of Trump’s fortunes since 2015, when he entered politics promising to remake the country in the image of his growing, swaggering business.

    Now, Trump returns to a business remade in the image of the country he led: beleaguered, indebted and toxically politicized.

    “He faces some very serious problems that have been building in recent years and I think are going to come to a head now that he’s left office,” said Bert Ely, a banking consultant who has testified before Congress on financial matters.

    Ely said the Trump Organization is a relatively small operation, which relies heavily on the work of others — lawyers and real estate brokers, and investors who paid to have Trump’s name on their buildings. Now, some of those outsiders are pulling away. “He’s done enormous reputational damage to himself,” Ely said.

    The Trump Organization did not respond to requests for comment Thursday.

    Trump still owns his company. But it is unclear when — or even if — he will return to his old role as the company’s day-to-day leader. On Thursday, while Trump was seen playing golf at one of his courses in Florida, the Trump Organization’s website still listed Donald Trump Jr. and Eric Trump as the company’s leaders.

    The new financial disclosures, filed routinely by an outgoing president, show that the company is facing one of its darkest hours, as the coronavirus hammers the tourism industry.

    Overall, Trump listed specific revenue figures for 47 different companies, including his golf clubs, hotels and New York City park properties. Combined, revenue at those companies declined more than 35 percent last year, according to a Washington Post analysis.

    There were bright spots: Revenue at Trump’s Mar-a-Lago Club, a members-only operation in Palm Beach, Fla., that is now doubling as the former president’s home, increased 13 percent. And Trumpstore.com, which sells T-shirts, candles and bath bombs bearing the former president’s name, reported that its income doubled, to $1.9 million.

    But there were also sharp declines at three of Trump’s most important properties: his D.C. hotel, his Doral resort in Florida, and his Turnberry resort in Scotland. Their combined revenue fell from $149 million in 2019 to $71 million last year, a drop of more than half.

    Trump faces more than $400 million in outstanding loans, including more than $290 million on Doral and the D.C. hotel.

    Ironically, the future of those businesses could depend on the man whose victory Trump tried to overturn: President Biden.

    That’s because Biden’s success in speeding up vaccinations for the coronavirus will play a major role in determining how fast the hotel and travel industries recover. In addition, because Trump’s D.C. hotel is located in a federally owned building, the Biden administration is his landlord. If Trump seeks to renegotiate his lease, or to get federal approval for a sale of the building, he will be dealing with Biden’s General Services Administration.

    On Thursday, White House spokesman T.J. Ducklo declined to comment about how the Biden administration will handle Trump’s hotel.

    In the meantime, on Thursday, Trump’s company continued to lose key partners — including banks and lawyers that had stuck with it through the lowest points of Trump’s political career.

    “We no longer have any depository relationship with him,” said a spokesperson for BankUnited, a Florida-based bank where Trump had kept more than $5 million in money-market accounts. On Thursday, BankUnited said it was closing those accounts. It declined to say why.

    The decision meant that, since the attack on the Capitol, Trump had lost three of the four banks that held his largest deposits. Signature Bank and Professional Bank cut their ties earlier this month. The fourth bank, Capital One, has declined to comment.

    Also Thursday, Trump lost one of his best-known law firms: Morgan Lewis, which has represented Trump on tax issues since before he ran for office. One Morgan Lewis partner, Sheri Dillon, had become a well-known defender of Trump, appearing with him in 2017 at a news conference in Trump Tower, next to a pile of papers and folders that were supposed to represent Trump relinquishing control of his businesses.

    “President-elect Trump wants there to be no doubt in the minds of the American public that he is completely isolating himself from his business interests,” Dillon said then.

    But on Thursday, the firm said that relationship was ending.

    “We have had a limited representation of the Trump Organization and Donald Trump in tax-related matters. For those matters not already concluded, we are transitioning as appropriate to other counsel,” Morgan Lewis spokeswoman Emily Carhart said in an email. She declined to give a reason.

    Dillon was also involved in the Trump Organization’s handling of an estate called Seven Springs in suburban New York, where the company obtained a $21 million tax break through a “conservation easement” — essentially, a promise not to develop some of the land in exchange for a tax benefit. Now, Trump’s dealings with Seven Springs are the focus of two state-level investigations, by the Manhattan district attorney and the New York attorney general.

    The decision by Morgan Lewis marked at least two law firms that have cut ties with Trump’s company since Jan. 6. The first, Seyfarth Shaw, announced its decision last week.

    This week, the news site American Lawyer reported that a third firm, Alston & Bird, was also ending its work with Trump’s company. Alston & Bird declined to answer questions from The Washington Post.

    In the immediate wake of the attack on the Capitol, the Trump Organization lost two of its real estate brokers, its e-commerce vendor, its chance to host the 2022 PGA Championship golf tournament, and its hopes of hosting another golf tournament, the British Open. Also, New York City said it will end the Trump Organization’s contracts to run a carousel, two ice rinks and a golf course in city parks — contracts that brought the Trump Organization $18 million in 2019.

    Elsewhere, two major tenants in Trump’s office building on Wall Street, the Girl Scouts of Greater New York and a tuberculosis-fighting charity called the TB Alliance, said they were seeking to leave the building. The Trump Organization has not said whether it will let them break their leases.

    The backlash to Trump’s actions has even hit the smallest of Trump’s business partners, including the organizers of a triathlon — the Tri at the Trump — held at Trump’s golf course outside Charlotte.

    “It was all on track before the Capitol,” said Chuck McAllister, the founder of the event, which he expected to attract 450 athletes and 1,000 spectators.

    But then, McAllister said, the Capitol attack caused sponsors and vendors to pull out. He had to cancel the event. It was actually the second time he had to cancel the event because of political backlash against Trump: In 2017, he canceled a previous triathlon after Trump said there were “very fine people” among white-supremacist protesters in Charlottesville.

    But he came back to Trump, and got burned again.

    “It is deja vu. It’s like Groundhog Day,” McAllister said. He said he was unsure whether he would come back in 2022. “The name’s toxic. It’s toxic to some people. That’s never going to change.”



    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • josevolutionjosevolution Posts: 30,664
    mickeyrat said:

    Trump steps out of the White House and into a company in crisis

    Jan. 21, 2021 at 7:35 p.m. EST

    Donald Trump returns to his company this week as it faces a deepening crisis, with key properties bleeding revenue and its bankers, lawyers and customers fleeing the company.

    Financial disclosure forms, filed by the former president as he left office, revealed that his hotels, resorts and other properties had lost more than $120 million in revenue last year, as the pandemic forced long-term closures and kept customers home.

    Those losses were worst in the places where Trump could least afford it: His Washington hotel, which has a $170 million loan outstanding, saw revenue drop more than 60 percent. His Doral resort in Miami — also carrying a huge debt load — saw a 44 percent drop.

    On Thursday, the company’s troubles grew: One of its banks and one of its law firms said they would cut their ties with the Trump Organization. They are the latest in a string of vendors and customers who severed their relationships with the company after Jan. 6, when a mob of Trump supporters attacked the U.S. Capitol directly after he addressed them at a rally.

    President Trump left the White House for the final time in his presidency on Jan. 20, before traveling to West Palm Beach, Fla. (The Washington Post)

    The picture emerging shows the inversion of Trump’s fortunes since 2015, when he entered politics promising to remake the country in the image of his growing, swaggering business.

    Now, Trump returns to a business remade in the image of the country he led: beleaguered, indebted and toxically politicized.

    “He faces some very serious problems that have been building in recent years and I think are going to come to a head now that he’s left office,” said Bert Ely, a banking consultant who has testified before Congress on financial matters.

    Ely said the Trump Organization is a relatively small operation, which relies heavily on the work of others — lawyers and real estate brokers, and investors who paid to have Trump’s name on their buildings. Now, some of those outsiders are pulling away. “He’s done enormous reputational damage to himself,” Ely said.

    The Trump Organization did not respond to requests for comment Thursday.

    Trump still owns his company. But it is unclear when — or even if — he will return to his old role as the company’s day-to-day leader. On Thursday, while Trump was seen playing golf at one of his courses in Florida, the Trump Organization’s website still listed Donald Trump Jr. and Eric Trump as the company’s leaders.

    The new financial disclosures, filed routinely by an outgoing president, show that the company is facing one of its darkest hours, as the coronavirus hammers the tourism industry.

    Overall, Trump listed specific revenue figures for 47 different companies, including his golf clubs, hotels and New York City park properties. Combined, revenue at those companies declined more than 35 percent last year, according to a Washington Post analysis.

    There were bright spots: Revenue at Trump’s Mar-a-Lago Club, a members-only operation in Palm Beach, Fla., that is now doubling as the former president’s home, increased 13 percent. And Trumpstore.com, which sells T-shirts, candles and bath bombs bearing the former president’s name, reported that its income doubled, to $1.9 million.

    But there were also sharp declines at three of Trump’s most important properties: his D.C. hotel, his Doral resort in Florida, and his Turnberry resort in Scotland. Their combined revenue fell from $149 million in 2019 to $71 million last year, a drop of more than half.

    Trump faces more than $400 million in outstanding loans, including more than $290 million on Doral and the D.C. hotel.

    Ironically, the future of those businesses could depend on the man whose victory Trump tried to overturn: President Biden.

    That’s because Biden’s success in speeding up vaccinations for the coronavirus will play a major role in determining how fast the hotel and travel industries recover. In addition, because Trump’s D.C. hotel is located in a federally owned building, the Biden administration is his landlord. If Trump seeks to renegotiate his lease, or to get federal approval for a sale of the building, he will be dealing with Biden’s General Services Administration.

    On Thursday, White House spokesman T.J. Ducklo declined to comment about how the Biden administration will handle Trump’s hotel.

    In the meantime, on Thursday, Trump’s company continued to lose key partners — including banks and lawyers that had stuck with it through the lowest points of Trump’s political career.

    “We no longer have any depository relationship with him,” said a spokesperson for BankUnited, a Florida-based bank where Trump had kept more than $5 million in money-market accounts. On Thursday, BankUnited said it was closing those accounts. It declined to say why.

    The decision meant that, since the attack on the Capitol, Trump had lost three of the four banks that held his largest deposits. Signature Bank and Professional Bank cut their ties earlier this month. The fourth bank, Capital One, has declined to comment.

    Also Thursday, Trump lost one of his best-known law firms: Morgan Lewis, which has represented Trump on tax issues since before he ran for office. One Morgan Lewis partner, Sheri Dillon, had become a well-known defender of Trump, appearing with him in 2017 at a news conference in Trump Tower, next to a pile of papers and folders that were supposed to represent Trump relinquishing control of his businesses.

    “President-elect Trump wants there to be no doubt in the minds of the American public that he is completely isolating himself from his business interests,” Dillon said then.

    But on Thursday, the firm said that relationship was ending.

    “We have had a limited representation of the Trump Organization and Donald Trump in tax-related matters. For those matters not already concluded, we are transitioning as appropriate to other counsel,” Morgan Lewis spokeswoman Emily Carhart said in an email. She declined to give a reason.

    Dillon was also involved in the Trump Organization’s handling of an estate called Seven Springs in suburban New York, where the company obtained a $21 million tax break through a “conservation easement” — essentially, a promise not to develop some of the land in exchange for a tax benefit. Now, Trump’s dealings with Seven Springs are the focus of two state-level investigations, by the Manhattan district attorney and the New York attorney general.

    The decision by Morgan Lewis marked at least two law firms that have cut ties with Trump’s company since Jan. 6. The first, Seyfarth Shaw, announced its decision last week.

    This week, the news site American Lawyer reported that a third firm, Alston & Bird, was also ending its work with Trump’s company. Alston & Bird declined to answer questions from The Washington Post.

    In the immediate wake of the attack on the Capitol, the Trump Organization lost two of its real estate brokers, its e-commerce vendor, its chance to host the 2022 PGA Championship golf tournament, and its hopes of hosting another golf tournament, the British Open. Also, New York City said it will end the Trump Organization’s contracts to run a carousel, two ice rinks and a golf course in city parks — contracts that brought the Trump Organization $18 million in 2019.

    Elsewhere, two major tenants in Trump’s office building on Wall Street, the Girl Scouts of Greater New York and a tuberculosis-fighting charity called the TB Alliance, said they were seeking to leave the building. The Trump Organization has not said whether it will let them break their leases.

    The backlash to Trump’s actions has even hit the smallest of Trump’s business partners, including the organizers of a triathlon — the Tri at the Trump — held at Trump’s golf course outside Charlotte.

    “It was all on track before the Capitol,” said Chuck McAllister, the founder of the event, which he expected to attract 450 athletes and 1,000 spectators.

    But then, McAllister said, the Capitol attack caused sponsors and vendors to pull out. He had to cancel the event. It was actually the second time he had to cancel the event because of political backlash against Trump: In 2017, he canceled a previous triathlon after Trump said there were “very fine people” among white-supremacist protesters in Charlottesville.

    But he came back to Trump, and got burned again.

    “It is deja vu. It’s like Groundhog Day,” McAllister said. He said he was unsure whether he would come back in 2022. “The name’s toxic. It’s toxic to some people. That’s never going to change.”



    I can’t believe this happened to the very best most genius business man in the world 😂😂😂😂 I hope he ends up penniless & broken with only his grifter kids by his side!
    jesus greets me looks just like me ....
  • JeBurkhardtJeBurkhardt Posts: 5,075
    mickeyrat said:

    Trump steps out of the White House and into a company in crisis

    Jan. 21, 2021 at 7:35 p.m. EST

    Donald Trump returns to his company this week as it faces a deepening crisis, with key properties bleeding revenue and its bankers, lawyers and customers fleeing the company.

    Financial disclosure forms, filed by the former president as he left office, revealed that his hotels, resorts and other properties had lost more than $120 million in revenue last year, as the pandemic forced long-term closures and kept customers home.

    Those losses were worst in the places where Trump could least afford it: His Washington hotel, which has a $170 million loan outstanding, saw revenue drop more than 60 percent. His Doral resort in Miami — also carrying a huge debt load — saw a 44 percent drop.

    On Thursday, the company’s troubles grew: One of its banks and one of its law firms said they would cut their ties with the Trump Organization. They are the latest in a string of vendors and customers who severed their relationships with the company after Jan. 6, when a mob of Trump supporters attacked the U.S. Capitol directly after he addressed them at a rally.

    President Trump left the White House for the final time in his presidency on Jan. 20, before traveling to West Palm Beach, Fla. (The Washington Post)

    The picture emerging shows the inversion of Trump’s fortunes since 2015, when he entered politics promising to remake the country in the image of his growing, swaggering business.

    Now, Trump returns to a business remade in the image of the country he led: beleaguered, indebted and toxically politicized.

    “He faces some very serious problems that have been building in recent years and I think are going to come to a head now that he’s left office,” said Bert Ely, a banking consultant who has testified before Congress on financial matters.

    Ely said the Trump Organization is a relatively small operation, which relies heavily on the work of others — lawyers and real estate brokers, and investors who paid to have Trump’s name on their buildings. Now, some of those outsiders are pulling away. “He’s done enormous reputational damage to himself,” Ely said.

    The Trump Organization did not respond to requests for comment Thursday.

    Trump still owns his company. But it is unclear when — or even if — he will return to his old role as the company’s day-to-day leader. On Thursday, while Trump was seen playing golf at one of his courses in Florida, the Trump Organization’s website still listed Donald Trump Jr. and Eric Trump as the company’s leaders.

    The new financial disclosures, filed routinely by an outgoing president, show that the company is facing one of its darkest hours, as the coronavirus hammers the tourism industry.

    Overall, Trump listed specific revenue figures for 47 different companies, including his golf clubs, hotels and New York City park properties. Combined, revenue at those companies declined more than 35 percent last year, according to a Washington Post analysis.

    There were bright spots: Revenue at Trump’s Mar-a-Lago Club, a members-only operation in Palm Beach, Fla., that is now doubling as the former president’s home, increased 13 percent. And Trumpstore.com, which sells T-shirts, candles and bath bombs bearing the former president’s name, reported that its income doubled, to $1.9 million.

    But there were also sharp declines at three of Trump’s most important properties: his D.C. hotel, his Doral resort in Florida, and his Turnberry resort in Scotland. Their combined revenue fell from $149 million in 2019 to $71 million last year, a drop of more than half.

    Trump faces more than $400 million in outstanding loans, including more than $290 million on Doral and the D.C. hotel.

    Ironically, the future of those businesses could depend on the man whose victory Trump tried to overturn: President Biden.

    That’s because Biden’s success in speeding up vaccinations for the coronavirus will play a major role in determining how fast the hotel and travel industries recover. In addition, because Trump’s D.C. hotel is located in a federally owned building, the Biden administration is his landlord. If Trump seeks to renegotiate his lease, or to get federal approval for a sale of the building, he will be dealing with Biden’s General Services Administration.

    On Thursday, White House spokesman T.J. Ducklo declined to comment about how the Biden administration will handle Trump’s hotel.

    In the meantime, on Thursday, Trump’s company continued to lose key partners — including banks and lawyers that had stuck with it through the lowest points of Trump’s political career.

    “We no longer have any depository relationship with him,” said a spokesperson for BankUnited, a Florida-based bank where Trump had kept more than $5 million in money-market accounts. On Thursday, BankUnited said it was closing those accounts. It declined to say why.

    The decision meant that, since the attack on the Capitol, Trump had lost three of the four banks that held his largest deposits. Signature Bank and Professional Bank cut their ties earlier this month. The fourth bank, Capital One, has declined to comment.

    Also Thursday, Trump lost one of his best-known law firms: Morgan Lewis, which has represented Trump on tax issues since before he ran for office. One Morgan Lewis partner, Sheri Dillon, had become a well-known defender of Trump, appearing with him in 2017 at a news conference in Trump Tower, next to a pile of papers and folders that were supposed to represent Trump relinquishing control of his businesses.

    “President-elect Trump wants there to be no doubt in the minds of the American public that he is completely isolating himself from his business interests,” Dillon said then.

    But on Thursday, the firm said that relationship was ending.

    “We have had a limited representation of the Trump Organization and Donald Trump in tax-related matters. For those matters not already concluded, we are transitioning as appropriate to other counsel,” Morgan Lewis spokeswoman Emily Carhart said in an email. She declined to give a reason.

    Dillon was also involved in the Trump Organization’s handling of an estate called Seven Springs in suburban New York, where the company obtained a $21 million tax break through a “conservation easement” — essentially, a promise not to develop some of the land in exchange for a tax benefit. Now, Trump’s dealings with Seven Springs are the focus of two state-level investigations, by the Manhattan district attorney and the New York attorney general.

    The decision by Morgan Lewis marked at least two law firms that have cut ties with Trump’s company since Jan. 6. The first, Seyfarth Shaw, announced its decision last week.

    This week, the news site American Lawyer reported that a third firm, Alston & Bird, was also ending its work with Trump’s company. Alston & Bird declined to answer questions from The Washington Post.

    In the immediate wake of the attack on the Capitol, the Trump Organization lost two of its real estate brokers, its e-commerce vendor, its chance to host the 2022 PGA Championship golf tournament, and its hopes of hosting another golf tournament, the British Open. Also, New York City said it will end the Trump Organization’s contracts to run a carousel, two ice rinks and a golf course in city parks — contracts that brought the Trump Organization $18 million in 2019.

    Elsewhere, two major tenants in Trump’s office building on Wall Street, the Girl Scouts of Greater New York and a tuberculosis-fighting charity called the TB Alliance, said they were seeking to leave the building. The Trump Organization has not said whether it will let them break their leases.

    The backlash to Trump’s actions has even hit the smallest of Trump’s business partners, including the organizers of a triathlon — the Tri at the Trump — held at Trump’s golf course outside Charlotte.

    “It was all on track before the Capitol,” said Chuck McAllister, the founder of the event, which he expected to attract 450 athletes and 1,000 spectators.

    But then, McAllister said, the Capitol attack caused sponsors and vendors to pull out. He had to cancel the event. It was actually the second time he had to cancel the event because of political backlash against Trump: In 2017, he canceled a previous triathlon after Trump said there were “very fine people” among white-supremacist protesters in Charlottesville.

    But he came back to Trump, and got burned again.

    “It is deja vu. It’s like Groundhog Day,” McAllister said. He said he was unsure whether he would come back in 2022. “The name’s toxic. It’s toxic to some people. That’s never going to change.”



    Looks like he is going to have to step up his fleecing of the cult to raise more money.
  • Merkin BallerMerkin Baller Posts: 12,140
    Looks like he is going to have to step up his fleecing of the cult to raise more money.
    Considering how people are still trying to downplay / minimize the damage he's caused to this country in the last 2-1/2 months alone, let alone the last 4 years, I have no reason to think stupid Americans won't keep giving him money. 
  • ikiTikiT USA Posts: 11,057
    In case you forgot, they still lying over there at FOX News and Mitch and his band of insu-RRR-ectionists are still dictating terms in the Senate.

    Bristow 05132010 to Amsterdam 2 06132018
  • HughFreakingDillonHughFreakingDillon Winnipeg Posts: 38,671
    mickeyrat said:

    Trump steps out of the White House and into a company in crisis

    Jan. 21, 2021 at 7:35 p.m. EST

    Donald Trump returns to his company this week as it faces a deepening crisis, with key properties bleeding revenue and its bankers, lawyers and customers fleeing the company.

    Financial disclosure forms, filed by the former president as he left office, revealed that his hotels, resorts and other properties had lost more than $120 million in revenue last year, as the pandemic forced long-term closures and kept customers home.

    Those losses were worst in the places where Trump could least afford it: His Washington hotel, which has a $170 million loan outstanding, saw revenue drop more than 60 percent. His Doral resort in Miami — also carrying a huge debt load — saw a 44 percent drop.

    On Thursday, the company’s troubles grew: One of its banks and one of its law firms said they would cut their ties with the Trump Organization. They are the latest in a string of vendors and customers who severed their relationships with the company after Jan. 6, when a mob of Trump supporters attacked the U.S. Capitol directly after he addressed them at a rally.

    President Trump left the White House for the final time in his presidency on Jan. 20, before traveling to West Palm Beach, Fla. (The Washington Post)

    The picture emerging shows the inversion of Trump’s fortunes since 2015, when he entered politics promising to remake the country in the image of his growing, swaggering business.

    Now, Trump returns to a business remade in the image of the country he led: beleaguered, indebted and toxically politicized.

    “He faces some very serious problems that have been building in recent years and I think are going to come to a head now that he’s left office,” said Bert Ely, a banking consultant who has testified before Congress on financial matters.

    Ely said the Trump Organization is a relatively small operation, which relies heavily on the work of others — lawyers and real estate brokers, and investors who paid to have Trump’s name on their buildings. Now, some of those outsiders are pulling away. “He’s done enormous reputational damage to himself,” Ely said.

    The Trump Organization did not respond to requests for comment Thursday.

    Trump still owns his company. But it is unclear when — or even if — he will return to his old role as the company’s day-to-day leader. On Thursday, while Trump was seen playing golf at one of his courses in Florida, the Trump Organization’s website still listed Donald Trump Jr. and Eric Trump as the company’s leaders.

    The new financial disclosures, filed routinely by an outgoing president, show that the company is facing one of its darkest hours, as the coronavirus hammers the tourism industry.

    Overall, Trump listed specific revenue figures for 47 different companies, including his golf clubs, hotels and New York City park properties. Combined, revenue at those companies declined more than 35 percent last year, according to a Washington Post analysis.

    There were bright spots: Revenue at Trump’s Mar-a-Lago Club, a members-only operation in Palm Beach, Fla., that is now doubling as the former president’s home, increased 13 percent. And Trumpstore.com, which sells T-shirts, candles and bath bombs bearing the former president’s name, reported that its income doubled, to $1.9 million.

    But there were also sharp declines at three of Trump’s most important properties: his D.C. hotel, his Doral resort in Florida, and his Turnberry resort in Scotland. Their combined revenue fell from $149 million in 2019 to $71 million last year, a drop of more than half.

    Trump faces more than $400 million in outstanding loans, including more than $290 million on Doral and the D.C. hotel.

    Ironically, the future of those businesses could depend on the man whose victory Trump tried to overturn: President Biden.

    That’s because Biden’s success in speeding up vaccinations for the coronavirus will play a major role in determining how fast the hotel and travel industries recover. In addition, because Trump’s D.C. hotel is located in a federally owned building, the Biden administration is his landlord. If Trump seeks to renegotiate his lease, or to get federal approval for a sale of the building, he will be dealing with Biden’s General Services Administration.

    On Thursday, White House spokesman T.J. Ducklo declined to comment about how the Biden administration will handle Trump’s hotel.

    In the meantime, on Thursday, Trump’s company continued to lose key partners — including banks and lawyers that had stuck with it through the lowest points of Trump’s political career.

    “We no longer have any depository relationship with him,” said a spokesperson for BankUnited, a Florida-based bank where Trump had kept more than $5 million in money-market accounts. On Thursday, BankUnited said it was closing those accounts. It declined to say why.

    The decision meant that, since the attack on the Capitol, Trump had lost three of the four banks that held his largest deposits. Signature Bank and Professional Bank cut their ties earlier this month. The fourth bank, Capital One, has declined to comment.

    Also Thursday, Trump lost one of his best-known law firms: Morgan Lewis, which has represented Trump on tax issues since before he ran for office. One Morgan Lewis partner, Sheri Dillon, had become a well-known defender of Trump, appearing with him in 2017 at a news conference in Trump Tower, next to a pile of papers and folders that were supposed to represent Trump relinquishing control of his businesses.

    “President-elect Trump wants there to be no doubt in the minds of the American public that he is completely isolating himself from his business interests,” Dillon said then.

    But on Thursday, the firm said that relationship was ending.

    “We have had a limited representation of the Trump Organization and Donald Trump in tax-related matters. For those matters not already concluded, we are transitioning as appropriate to other counsel,” Morgan Lewis spokeswoman Emily Carhart said in an email. She declined to give a reason.

    Dillon was also involved in the Trump Organization’s handling of an estate called Seven Springs in suburban New York, where the company obtained a $21 million tax break through a “conservation easement” — essentially, a promise not to develop some of the land in exchange for a tax benefit. Now, Trump’s dealings with Seven Springs are the focus of two state-level investigations, by the Manhattan district attorney and the New York attorney general.

    The decision by Morgan Lewis marked at least two law firms that have cut ties with Trump’s company since Jan. 6. The first, Seyfarth Shaw, announced its decision last week.

    This week, the news site American Lawyer reported that a third firm, Alston & Bird, was also ending its work with Trump’s company. Alston & Bird declined to answer questions from The Washington Post.

    In the immediate wake of the attack on the Capitol, the Trump Organization lost two of its real estate brokers, its e-commerce vendor, its chance to host the 2022 PGA Championship golf tournament, and its hopes of hosting another golf tournament, the British Open. Also, New York City said it will end the Trump Organization’s contracts to run a carousel, two ice rinks and a golf course in city parks — contracts that brought the Trump Organization $18 million in 2019.

    Elsewhere, two major tenants in Trump’s office building on Wall Street, the Girl Scouts of Greater New York and a tuberculosis-fighting charity called the TB Alliance, said they were seeking to leave the building. The Trump Organization has not said whether it will let them break their leases.

    The backlash to Trump’s actions has even hit the smallest of Trump’s business partners, including the organizers of a triathlon — the Tri at the Trump — held at Trump’s golf course outside Charlotte.

    “It was all on track before the Capitol,” said Chuck McAllister, the founder of the event, which he expected to attract 450 athletes and 1,000 spectators.

    But then, McAllister said, the Capitol attack caused sponsors and vendors to pull out. He had to cancel the event. It was actually the second time he had to cancel the event because of political backlash against Trump: In 2017, he canceled a previous triathlon after Trump said there were “very fine people” among white-supremacist protesters in Charlottesville.

    But he came back to Trump, and got burned again.

    “It is deja vu. It’s like Groundhog Day,” McAllister said. He said he was unsure whether he would come back in 2022. “The name’s toxic. It’s toxic to some people. That’s never going to change.”



    for a guy who not only was the leader of the free world, and was poised to lose that because of his bungling, he sure had a pretty high financial stake in making sure covid got under control as well. if anyone ever thought this guy was a genius, well.....
    "Oh Canada...you're beautiful when you're drunk"
    -EV  8/14/93




  • mrussel1mrussel1 Posts: 30,410
    ikiT said:
    In case you forgot, they still lying over there at FOX News and Mitch and his band of insu-RRR-ectionists are still dictating terms in the Senate.

    This seems rather alarmist..

    https://www.mediaite.com/tv/newt-gingrich-tells-hannity-that-democrats-want-to-exterminate-republicans/
  • mrussel1 said:
    This seems rather alarmist..

    https://www.mediaite.com/tv/newt-gingrich-tells-hannity-that-democrats-want-to-exterminate-republicans/
    So the repubs are back to death panels, FEMA camps and re-education camps for the indoctrinated. Will they ever speak of policy again? Will they ever come up with solutions for the major issues of the day, like healthcare, climate change, college education costs, etc.? Or will it be just fear, selling that fear?
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  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,334
    So the repubs are back to death panels, FEMA camps and re-education camps for the indoctrinated. Will they ever speak of policy again? Will they ever come up with solutions for the major issues of the day, like healthcare, climate change, college education costs, etc.? Or will it be just fear, selling that fear?
    no they will never talk policy again. they are lazy so it is easier to fearmonger and be an opposition party than it is to actually have ideas.

    they will be back to espousing the virtues of reaganomics and fighting to defend job creators.

    why think of policy when you can just sit back and fearmonger? if you base is that gullible, that is the easiest thing to do.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • HughFreakingDillonHughFreakingDillon Winnipeg Posts: 38,671
    no they will never talk policy again. they are lazy so it is easier to fearmonger and be an opposition party than it is to actually have ideas.

    they will be back to espousing the virtues of reaganomics and fighting to defend job creators.

    why think of policy when you can just sit back and fearmonger? if you base is that gullible, that is the easiest thing to do.
    -military (that we don't really care about)
    -jobs (that we also don't really care about)
    -family values (that we don't practice, we just preach it)
    -the economy (which means we give tax cuts to the rich and fuck you over)
    -no wars (unless we think we can benefit financially; we only care about white people in 'murica)

    your republican party, ladies and gents. 
    "Oh Canada...you're beautiful when you're drunk"
    -EV  8/14/93




  • Merkin BallerMerkin Baller Posts: 12,140
    Mitch McConnell not longer pushing the “elections have consequences” line... so weird. 


  • static111static111 Posts: 4,889
    mrussel1 said:
    This seems rather alarmist..

    https://www.mediaite.com/tv/newt-gingrich-tells-hannity-that-democrats-want-to-exterminate-republicans/
    The party that bred let’s go hunting those libtard traitor scum....
    Scio me nihil scire

    There are no kings inside the gates of eden
  • OnWis97OnWis97 St. Paul, MN Posts: 5,445
    mrussel1 said:
    This seems rather alarmist..

    https://www.mediaite.com/tv/newt-gingrich-tells-hannity-that-democrats-want-to-exterminate-republicans/
    Just another projection.

    1995 Milwaukee     1998 Alpine, Alpine     2003 Albany, Boston, Boston, Boston     2004 Boston, Boston     2006 Hartford, St. Paul (Petty), St. Paul (Petty)     2011 Alpine, Alpine     
    2013 Wrigley     2014 St. Paul     2016 Fenway, Fenway, Wrigley, Wrigley     2018 Missoula, Wrigley, Wrigley     2021 Asbury Park     2022 St Louis     2023 Austin, Austin
    2024 Napa, Wrigley, Wrigley
  • mrussel1mrussel1 Posts: 30,410
    OnWis97 said:
    Just another projection.

    It's hilarious how that's always the case. 
  • mrussel1mrussel1 Posts: 30,410
    Who knew Bernie was at Yalta 


  • OnWis97OnWis97 St. Paul, MN Posts: 5,445
    Oh Bernie Sanders in Mittens, will you ever stop being funny?
    (No.)
    1995 Milwaukee     1998 Alpine, Alpine     2003 Albany, Boston, Boston, Boston     2004 Boston, Boston     2006 Hartford, St. Paul (Petty), St. Paul (Petty)     2011 Alpine, Alpine     
    2013 Wrigley     2014 St. Paul     2016 Fenway, Fenway, Wrigley, Wrigley     2018 Missoula, Wrigley, Wrigley     2021 Asbury Park     2022 St Louis     2023 Austin, Austin
    2024 Napa, Wrigley, Wrigley
  • static111static111 Posts: 4,889
    OnWis97 said:
    Oh Bernie Sanders in Mittens, will you ever stop being funny?
    (No.)

    Scio me nihil scire

    There are no kings inside the gates of eden
  • mrussel1mrussel1 Posts: 30,410
    static111 said:

    Haha. Awesome.  
  • HughFreakingDillonHughFreakingDillon Winnipeg Posts: 38,671
    :lol:
    "Oh Canada...you're beautiful when you're drunk"
    -EV  8/14/93




  • static111static111 Posts: 4,889
    mrussel1 said:
    Haha. Awesome.  
    :lol:
    I thought everyone would find that funny.  I love the facial expression.
    Scio me nihil scire

    There are no kings inside the gates of eden
  • mrussel1 said:
    Haha. Awesome.  
    In a double, triple cross, Mitt Romney is really serving as VP and will assume office after President Biden suspends the election and resigns. Kamala was just a prop to get the Black vote. All part of the PLAN.
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  • static111static111 Posts: 4,889
    In a double, triple cross, Mitt Romney is really serving as VP and will assume office after President Biden suspends the election and resigns. Kamala was just a prop to get the Black vote. All part of the PLAN.
    So the storm is still coming!
    Scio me nihil scire

    There are no kings inside the gates of eden
  • Merkin BallerMerkin Baller Posts: 12,140
    static111 said:
    So the storm is still coming!
    It sure is, did you guys know Biden is only the shadow president & Trump is still running the show? 

    Q's all over it, don't lose faith, people! 
  • mrussel1mrussel1 Posts: 30,410
    static111 said:
    So the storm is still coming!
    But how does Trump become emperor under this new "plan" (which I trust,  BTW).
  • mrussel1 said:
    But how does Trump become emperor under this new "plan" (which I trust,  BTW).
    After Biden’s Mittens takes over and appoints POOTWH VP and then resigns so POOTWH becomes POTUS and he appoints Ivanka Darlink as VP. Duh.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • MayDay10MayDay10 Posts: 11,793
    It sure is, did you guys know Biden is only the shadow president & Trump is still running the show? 

    Q's all over it, don't lose faith, people! 
    I am following someone on my facebook feed (friend of a friend) who is big into this....  He is doubling down on it all, assuring everyone that within 30 days this 'storm' is coming. He has been awakened, has done all the research, and its very clear.

    For some reason, the "optics" of a peaceful transition are important.  Biden is somehow not allowed to go into the 'real' oval office, and the Military are really running the country right now.  Biden has also been restricted from visiting the Pentagon.  

    Milania gave a clear sign on Wednesday when she wore dark clothing in Washington and lighter clothing in Florida.  I guess 'dark to light' is some sort of Q motto?  

    He is melting down, lashing out at people, calling everyone sheep for getting information from informational sources.  


  • MayDay10MayDay10 Posts: 11,793







  • JeBurkhardtJeBurkhardt Posts: 5,075
    MayDay10 said:
    I am following someone on my facebook feed (friend of a friend) who is big into this....  He is doubling down on it all, assuring everyone that within 30 days this 'storm' is coming. He has been awakened, has done all the research, and its very clear.

    For some reason, the "optics" of a peaceful transition are important.  Biden is somehow not allowed to go into the 'real' oval office, and the Military are really running the country right now.  Biden has also been restricted from visiting the Pentagon.  

    Milania gave a clear sign on Wednesday when she wore dark clothing in Washington and lighter clothing in Florida.  I guess 'dark to light' is some sort of Q motto?  

    He is melting down, lashing out at people, calling everyone sheep for getting information from informational sources.  


    What happens on day 31 when none of the fantasies come true? Another 30 days? Then another 6 months? The diehards are not going to let this go. 
  • mrussel1mrussel1 Posts: 30,410
    MayDay10 said:
    I am following someone on my facebook feed (friend of a friend) who is big into this....  He is doubling down on it all, assuring everyone that within 30 days this 'storm' is coming. He has been awakened, has done all the research, and its very clear.

    For some reason, the "optics" of a peaceful transition are important.  Biden is somehow not allowed to go into the 'real' oval office, and the Military are really running the country right now.  Biden has also been restricted from visiting the Pentagon.  

    Milania gave a clear sign on Wednesday when she wore dark clothing in Washington and lighter clothing in Florida.  I guess 'dark to light' is some sort of Q motto?  

    He is melting down, lashing out at people, calling everyone sheep for getting information from informational sources.  


     l love this stuff.  They always say "do your research" as if researching garbage doesn't yield garbage.  
This discussion has been closed.