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Title: You Knew Trump Sacrificed While Working for Free as President, Now We're Learning How Big a Financial Hit He's Taking
Source: [None]
URL Source: ... ancial-hit-hes-taking-n1407815
Published: Jan 24, 2021
Post Date: 2021-01-25 21:07:27 by BTP Holdings
Keywords: None
Views: 63
Comments: 3

You Knew Trump Sacrificed While Working for Free as President, Now We're Learning How Big a Financial Hit He's Taking


AP Photo/Jacquelyn Martin

Like many American business owners, Donald Trump took a huge financial hit in COVID America in the past year. But since leaving office, we’re getting a look at how much worse things have gotten for him.

At the White House, Trump worked for free, donating his $400,000 yearly salary to charities and government programs. In civilian life, his companies, run by his kids while he was in the White House, were bleeding money, according to financial disclosure forms he filed before leaving office.

The Washington Post reported:

Financial disclosure forms … 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.


But there were also sharp declines at … 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.

Worse, in addition to the coronavirus taking a huge hit on his hospitality holdings and Big Tech cutting off his online stores, Trump’s bankers, law firms, and tenants have abandoned him, according to The Washington Post. It’s believed that the corporations leaving now are largely due to the media and Democrat-inflamed perception that Trump encouraged the January 6th Capitol siege.

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.

The Democratic leadership and some Republicans, horrified that a group of conspirators crashed the Capitol, blamed the president for inflaming the protesters. As I pointed out on PJ Media, the timeline doesn’t support this, nor does Trump’s speech to the peaceful rally-goers.

The Save America rally, organized by the group “Women for America First” on January 6th, is where President Trump was still delivering one of his typically entertaining and windy speeches as a separate group of people assaulted the Capitol building. Groups of people were let in by police and, in another part of the Capitol, swarmed police and broke windows to get inside.

QAnon conspiracy theorists reportedly chatted about assaulting the Capitol before the event. But on the ground, paramilitary types urged rally-goers to go to the Capitol, and direct orders came from at least two people helping others to break into the Capitol. One, an avowed Antifa and BLM protester, barked orders and stood near Ashli Babbitt when she was shot and killed. Another, a mysterious woman with a pink ski cap, instructed people where to go with a bullhorn. Inside, protesters meandered around the building breaking things, carting off Nancy Pelosi’s podium, conducting performance art, live- streaming, and chatting on the phone, while congressional representatives were locked down by Capitol Police.

Others walked around, taking photos, staying within the velvet ropes designed to rein in tourists.

In addition to Babbitt, Capitol Police officer Brian D. Sicknick died after reportedly being hit by a fire extinguisher police say was tossed by a protester. Three others died from a heart condition, stroke, and collapsing, possibly due to reactions to the gas being deployed, according to videographer Elijah Schaffer.

Later, two state prosecutors claimed the rioters intended to kill people, a notion quickly snuffed out by federal law enforcement, though the libel lives on in Leftist media.

Speaker Pelosi and other Democrats have cheered on the Leftist Antifa and Black Lives Matter protests responsible for the deaths of at least 25 people, including a political assassination, in 2020, according to the UK Guardian. The “summer of love” riots, looting, arson, and worse, were cheered on by Pelosi and other Democrat leaders.

Yet Pelosi has used the opportunity in the foggy aftermath of the riot, before the facts were known, to rush through an impeachment.

Trump is being canceled seemingly everywhere. Two standards, no waiting.

The organizer of the triathlon at Trump’s Charlotte, N.C., golf course told The Washington Post that the event “was all on track before the Capitol. … [And now] the name’s toxic. It’s toxic to some people. That’s never going to change.”

The president’s initial tepid response to the Capitol attack was seized upon by his detractors. He subsequently denounced the violence vehemently, as he has done for the riots in the past year, but it was too little too late for some.

Now the former president’s law firms have joined banks in dropping him. They include Morgan Lewis and Alston & Bird, in addition to his finance partners at BankUnited, Signature Bank, Capital One, and Professional Bank.

Democrats, media, and activists, but I repeat myself, want to crush Trump and perhaps dissuade any other rich baller, not beholden to politicians, from running for high office.

They may succeed, but if past is prologue, Trump may confound all of them. Again.

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#1. To: BTP Holdings (#0)

Trump was not supposed to beat the sacred cow.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2021-01-26   0:48:20 ET  Reply   Trace   Private Reply  

#2. To: BTP Holdings, All (#0)

I really hate to see this happening. It's absolutely terrible -- but the massive 'COVID America' scam got rolling on his watch with his enthused participation to his last day in office. Guess he'll soon be down to his last billion, poor thing. He probably lost by cucking whites over and over in addition to the obvious theft of the election by bad people he'd promised specifically to rein in* but never did.

Mike Rivero, one of the smartest people I know of, says they can only steal an election if it's close enuff -- not landslides. He often commented that during the 2016 campaign. ameriKans are so stupid now they've got a negative IQ, so it's easy to imagine millions of them voting for Bidet. I mentioned the church in FL full of nice middle class white folks who went all out for Gropey Joe.

I doubt Repub voters realize they chose him in 2016 because of vigorous use of social media denied them in 2020. Keeping track of such things could lead to 'anti-Semitism', the main ghastly no-no in their lives.

It's a fact that PDT spent much of his term just clowning while ameriKa burned, literally and otherwise. The Stormers went from condemning the giant balloon parodying him to bitter use of it in their virtuosic manipulation of images.

Turning on his fans after the 1/6 non-riot was so low it was Republican. This all comes down to one thing -- Trump voters who refused to exercise any oversight on his performance once in office. It doesn't alas help them that they take that approach to all politicians they like. It's RELIGION to most ppl, you see, and subconscious psychological 'transference' from 'God' in their theology.

I'm just a party pooper once you get to know me -- an awful sourpuss and killjoy. Tsk.


*Or 'reign in' as it's twittishly put.


USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2021-01-26   3:32:08 ET  Reply   Trace   Private Reply  

#3. To: BTP Holdings, Lod (#0)

Whether Mr. Trump was or wasn't "supposed" to beat the cow is the view held by pundits and people having less physical involvement with the routine lifestyle of average hard working Americans. These folks know something is very wrong when all of the accepted maxims such as work hard, play fair, and you'll succeed are lies that pale in the face of the apparent success of cheaters, dope dealers, and politicians.

Back to my point. I don't think Donald J. Trump ever thought he couldn't win. I don't think he ever entered a contest with any object in mind other than to win it. What actually surprised me was the amount of attention President Trump paid to the middle class and lower among the population across the board. President Trump so far exceeded my expectations that I couldn't fathom him losing to Jo(k)e Biden. And, he didn't.

That being said, I am really having trouble witnessing people appearing to accept this fraud upon their country and talking about the next election, as if a fraudulent election can stand and allow a crooked pedophile the ability to write executive orders undoing all of the good Trump did as well as allowing access to the nuclear football ?

Maybe it's the fluoride in the water or mass hypnosis that keeps the vast silent majority from getting in the streets and raising holy hell. The truth is that this situation amounts to taxation without representation, and even more relevant is the fact that we are being bitch slapped by the deep state for doing everything by the book for the last 70 years of my life and longer which has allowed them to take advantage of our trust.

Now, these deep state players have the balls to start threatening conservatives with reeducation camps and silencing them everywhere. This makes me wonder just how long they've been covertly inhibiting our children's future by quietly denying them fair treatment in schools, in business, and in life. We know they love to send our kids to war, so what else might they do ?

Waiting for 2 years to do something real about this horseshit is ridiculous. Maybe some folks have to speak with guarded words in order to remain within the expectations of pundits, news rooms, and cry babies willing to accept a regular diet of "horseshit" in order to have security that is non-existent.

Since there's been such a grand effort to avoid a civil war through people making statements and promises that haven't manifested yet it might be prudent to hold back for awhile or until Pedo Joe over steps his non-existent authority and begins sending his thugs to enforce shit that we either don't believe in or won't do because of our research or religious beliefs. In as much as I would prefer things work out in a non-violent manner those operating the levers of government need to know there's a line drawn that will not be crossed without violence.

I for one am sick and tired of living their lie. I'd rather take an ass whipping than allow a bully to make me cower in fear. The recent statements made by those claiming an election win have been threatening, uncalled for, and aimed at folks for simply holding different views and values. How can that be justified in a civil society based upon a democratic system and republican form ? It cannot.

"And have no fellowship with the unfruitful works of darkness, but rather reprove them. "

Every county that Trump won should be declared a Conservative Republican sanctuary county !

noone222  posted on  2021-01-26   8:02:28 ET  Reply   Trace   Private Reply  

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