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Trump’s Personal Wealth Crashes And Burns According To Forbes
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Apr 26, 2018 09:55:33   #
eagleye13 Loc: Fl
 
PeterS wrote:
"If you are guided by love shouldn't it be evident in your actions? I'm pretty sure Christ said to love everyone not just yourselves. It's easy to love those who think like you but if you view everyone else as demons then I don't think you know much of love at all..."

Peter; can you give me an example of when or where Communists or Fascists showed some love?

Reply
Apr 26, 2018 10:39:43   #
1ProudAmerican
 
eagleye13 wrote:
Black Label will no do.
But I do like dark beer. Modelo Negro will do.
Bring it to the beach, on ice, and I will share.


RACIST !!!!!!!!!

Reply
Apr 26, 2018 14:41:53   #
kcstargoat
 
PeterS wrote:
Couldn't happen to a nicer family...

http://samuel-warde.com/2018/03/trumps-personal-wealth-crashes/

Citing Forbes “The Billionaires 2018,” The Guardian noted that Trump “slipped from 544th richest last year to 766 this year. It is the second year running that Trump’s fortune has dwindled.”

The Guardian went on to explain the lowered ranking, as follows:

The drop in Trump’s estimated fortune comes on top of Forbes wiping $1bn off his net worth in its 2017 rankings. The magazine attributed the decline in Trump’s wealth to “a tough New York real estate market, particularly for retail locations; a costly lawsuit and an expensive presidential campaign”. Trump reached a $25m settlement in a legal dispute about claims that his Trump University real estate courses allegedly defrauded students.

Loses at his golf courses, including Turnberry in Ayrshire, have increased forcing the President to inject cash to keep them afloat. Losses at Trump Turnberry, his biggest investment outside of the US, more than doubled to £17.6m in 2016. Trump Turnberry owes Trump £112m, nearly double the £63m it owed him the previous year.

Trump’s golf resorts and real estate empires have taken several major hits since he announced his candidacy for president in 2015.

We will detail three such instances, below:

Strike One: Trump Loses The British Open

The Independent reported in December 2015 that Martin Slumbers, the new chief executive of the Royal and Ancient Golf Club of St Andrews, had been expected to endorse Trump’s course to host the 2020 Open Tournament, but decided not to after Trump’s slew of racist remarks about the Chinese, Mexicans, Muslims, and women dominated the news that year. As The Independent reported, increasing concerns regarding the risk of boycotts by tournament sponsors and players proved to be too much for the prestigious governing body.
Couldn't happen to a nicer family... br br http:/... (show quote)


Trump has worked up and lost a couple of fortunes. Them's the risk of a businessman. People says he is stupid because of his rough language and bold statements. He is sharper than a razor. Take some polls and read the percentage of voters who agree with him. I applaud his use of Twitter to let people know what he is doing and not what he is not doing. (The Russians). Go Trump Go! Kick this young democratic republic into gear and we will see what we can do as Americans!

Reply
 
 
Apr 26, 2018 14:43:25   #
eagleye13 Loc: Fl
 
PLT Sarge wrote:
The fat lady sang when she made the statement " This is the first time I truly feel that I'm an American". Or words to that effect. Or maybe the first time the fat lady slept in the Lincoln Bedroom. Or maybe when the fat lady was stuffing her face all over the world at taxpayer expense while my grandkids are coming home from school, starving, because the lunches were disgusting. The fat lady has sang.


"The fat lady has sang."
That was no lady.

Reply
Apr 26, 2018 17:59:18   #
BigMike Loc: yerington nv
 
lindajoy wrote:
Took the words right off my fingers..

They complain if he’s making money and are glad when he isn’t..


Sorry...I'll smoke more Chem Dawg before replying next time.

Reply
Apr 26, 2018 18:33:49   #
debeda
 
kcstargoat wrote:
Trump has worked up and lost a couple of fortunes. Them's the risk of a businessman. People says he is stupid because of his rough language and bold statements. He is sharper than a razor. Take some polls and read the percentage of voters who agree with him. I applaud his use of Twitter to let people know what he is doing and not what he is not doing. (The Russians). Go Trump Go! Kick this young democratic republic into gear and we will see what we can do as Americans!



right on!!

Reply
Apr 26, 2018 19:34:46   #
eagleye13 Loc: Fl
 
PeterS wrote:
"If you are guided by love shouldn't it be evident in your actions? I'm pretty sure Christ said to love everyone not just yourselves. It's easy to love those who think like you but if you view everyone else as demons then I don't think you know much of love at all..."

Peter; can you give me an example of when or where Communists or Fascists showed some love?

Reply
 
 
Apr 26, 2018 21:29:49   #
son of witless
 
Morgan wrote:
This may change Peter as he's stealing money in the most unethical ways, with his hotels under his presidency, why does he get away with this stuff? This is why he ran to begin with, and he won...and his followers still believe him.


President Trump stealing money in the most unethical ways ? ? ? I can prove with out a doubt that has no truth behind it. Look you got Bob Mueller who for over a year has been chasing non existent Trump-Russia Collusion and is desperate to keep his meal ticket going. Great work if you can get it. Anyway Mr. Bob does not want to have to file for unemployment. He will grab at any pretext to go after my good buddy Donald J. Trump.

Now logically if Donald J. was " stealing money in the most unethical ways ", Mr. Bob would be on it like white on rice, a fly on manure, a Clinton on a Dollar Bill, or Barak Obama telling a lie.

Reply
Apr 26, 2018 22:31:17   #
lindajoy Loc: right here with you....
 
son of witless wrote:
President Trump stealing money in the most unethical ways ? ? ? I can prove with out a doubt that has no truth behind it. Look you got Bob Mueller who for over a year has been chasing non existent Trump-Russia Collusion and is desperate to keep his meal ticket going. Great work if you can get it. Anyway Mr. Bob does not want to have to file for unemployment. He will grab at any pretext to go after my good buddy Donald J. Trump.

Now logically if Donald J. was " stealing money in the most unethical ways ", Mr. Bob would be on it like white on rice, a fly on manure, a Clinton on a Dollar Bill, or Barak Obama telling a lie.
President Trump stealing money in the most unethic... (show quote)


Lolololol son, you are in rare form!!!! Perfect~~

“ways ", Mr. Bob would be on it like white on rice, a fly on manure, a Clinton on a Dollar Bill, or Barak Obama telling a lie.”

I don’t know it sounds like he better stop donating his salary and keep it for his expenses...

Reply
Apr 27, 2018 07:59:57   #
eagleye13 Loc: Fl
 
lindajoy wrote:
Lolololol son, you are in rare form!!!! Perfect~~

“ways ", Mr. Bob would be on it like white on rice, a fly on manure, a Clinton on a Dollar Bill, or Barak Obama telling a lie.”

I don’t know it sounds like he better stop donating his salary and keep it for his expenses...


I have a $3 bill with Billy C on it. It is on my wall right in front of me.

Reply
Apr 27, 2018 10:18:42   #
Morgan
 
son of witless wrote:
President Trump stealing money in the most unethical ways ? ? ? I can prove with out a doubt that has no truth behind it. Look you got Bob Mueller who for over a year has been chasing non existent Trump-Russia Collusion and is desperate to keep his meal ticket going. Great work if you can get it. Anyway Mr. Bob does not want to have to file for unemployment. He will grab at any pretext to go after my good buddy Donald J. Trump.

Now logically if Donald J. was " stealing money in the most unethical ways ", Mr. Bob would be on it like white on rice, a fly on manure, a Clinton on a Dollar Bill, or Barak Obama telling a lie.
President Trump stealing money in the most unethic... (show quote)


I'm assuming you know the difference between unethical and illegal but possibly not. This is the way of Trump and his cronies to find loopholes and manipulations they can do without being technically illegal, but they pay a lot of lawyers to get this job done so they are able to make their money by hook or by crook, hence Trump, his Presidency and his international chain of hotels.

Trump promised to divest himself — or to walk away — from his business while in office. The main reason, of course, is to avoid conflicts of interest.
The president has many business dealings which continue to earn him money in violation of the constitution. Trump is actively profiting from the presidency, which is something that the framers never intended.
They had tried to prevent this type of self-interested corruption in the Articles of Confederation. Article I, Section 9, Clause 8. They created this to prevent the very thing that Trump is doing.
He’s refused to divest — and the lawsuits have poured in.
We still have never seen his tax return, another lie of his and more covert dealings with foreign countries.

According to the Trump campaign's self-reported FEC filings, this has amounted to about $600,000 spent at Trump-owned properties in just the first six months of his presidency.

[Nearly $400,000 of that campaign money went to rent at Trump Tower, with $90,000 going to the The Trump Corporation for "legal consulting," nearly $60,000 to the Trump International Golf Club, $15,000 to the Trump International Hotel in DC, and about $1,700 to Trump-brand bottled water, among various payments. And that's just the money that went to businesses in which Trump has a personal role. The Trump campaign has spent a total of $10 million in the last six months; any shell companies and subsidiaries of other Trump-owned businesses that may have gotten a piece of that don't have to be disclosed.

What's more, this number doesn't include the more nebulous (and almost certainly larger) total spent on Trump's businesses simply by virtue of Trump being president. According to filings released last month by the Office of Government Ethics (whose director, Walter Shaub, quit earlier this month in protest of the executive branch's refusal to obey ethical norms) Trump's seen the income from his properties increase by tens of millions of dollars since he started campaigning. And the Trump family seems happy to do their part to help that along. After his election victory, Trump's Mar-a-Lago resort doubled its initiation fee to $200,000.

Not to mention the fact that any time either Trump or his family members stay at any Trump property (which they often do), the Secret Service is paying a Trump business for the privilege of accompanying them. For instance, The Washington Post reported that, of the $60 million in additional funding the Secret Service has requested for next year, $26.8 million would go toward protecting Trump's family in Trump Tower. And since the inauguration, the Secret Service has spent over $35,000 on Trump-owned golf cart rentals alone. Trump, of course, could easily choose to waive those fees if he so desired. As for the campaign front, the Republican National Committee held a $10 million re-election fund-raiser last month at the Trump International Hotel in DC—which, according to The New York Times, charged the RNC "regular prices" to use its facilities.

These sorts of expenses lining the president's own pocket is unprecedented.

Reply
 
 
Apr 27, 2018 10:38:21   #
son of witless
 
Morgan wrote:
I'm assuming you know the difference between unethical and illegal but possibly not. This is the way of Trump and his cronies to find loopholes and manipulations they can do without being technically illegal, but they pay a lot of lawyers to get this job done so they are able o make their money by hook or by crook, hence trump, his Presidency and his international chain of hotels.

Trump promised to divest himself — or to walk away — from his business while in office. The main reason, of course, is to avoid conflicts of interest.
The president has many business dealings which continue to earn him money in violation of the constitution. Trump is actively profiting from the presidency, which is something that the framers never intended.
They had tried to prevent this type of self-interested corruption in the Articles of Confederation. Article I, Section 9, Clause 8. They created this to prevent the very thing that Trump is doing.
He’s refused to divest — and the lawsuits have poured in.
We still have never seen his tax return, another lie of his and more covert dealings with foreign countries.

According to the Trump campaign's self-reported FEC filings, this has amounted to about $600,000 spent at Trump-owned properties in just the first six months of his presidency.

Nearly $400,000 of that campaign money went to rent at Trump Tower, with $90,000 going to the The Trump Corporation for "legal consulting," nearly $60,000 to the Trump International Golf Club, $15,000 to the Trump International Hotel in DC, and about $1,700 to Trump-brand bottled water, among various payments. And that's just the money that went to businesses in which Trump has a personal role. The Trump campaign has spent a total of $10 million in the last six months; any shell companies and subsidiaries of other Trump-owned businesses that may have gotten a piece of that don't have to be disclosed.

What's more, this number doesn't include the more nebulous (and almost certainly larger) total spent on Trump's businesses simply by virtue of Trump being president. According to filings released last month by the Office of Government Ethics (whose director, Walter Shaub, quit earlier this month in protest of the executive branch's refusal to obey ethical norms) Trump's seen the income from his properties increase by tens of millions of dollars since he started campaigning. And the Trump family seems happy to do their part to help that along. After his election victory, Trump's Mar-a-Lago resort doubled its initiation fee to $200,000.

Not to mention the fact that any time either Trump or his family members stay at any Trump property (which they often do), the Secret Service is paying a Trump business for the privilege of accompanying them. For instance, The Washington Post reported that, of the $60 million in additional funding the Secret Service has requested for next year, $26.8 million would go toward protecting Trump's family in Trump Tower. And since the inauguration, the Secret Service has spent over $35,000 on Trump-owned golf cart rentals alone. Trump, of course, could easily choose to waive those fees if he so desired. As for the campaign front, the Republican National Committee held a $10 million re-election fund-raiser last month at the Trump International Hotel in DC—which, according to The New York Times, charged the RNC "regular prices" to use its facilities.

These sorts of expenses lining the president's own pocket is unprecedented.
I'm assuming you know the difference between uneth... (show quote)


Unfortunately for you unethical is in the eye of the beholder. The Clintons financial dealings, to my eye, were plenty unethical, but they wrote the book on staying out of jail. I always thought Jesse Jackson Jr was a moron, because if he had only copied Bill and Hillary he could have easily done almost anything and not had legal trouble.

Your side constantly says Trump is going to jail, which means he has to be charged with illegal, not unethical by Mueller. Compared to the Clintons Trump is as pure as the driven snow. Also since Mueller and the Democrats have him under constant scrutiny and as yet have zilch on him, he has to be the ethical President in decades.

You say my boy Donald J. is actively profiting from his office and yet this topic is that Trump has lost money as a President. Contrast that with the Clintons and Barry Obummer. Look where they were before they achieved their high positions and look how rich they are now. Tell me again who profited from their office. Especially how much richer Bill and Hillary got while she was Secretary of State.

Not that I would ever say that your statements are , , , , , I don't know the word, a mite strange.

Reply
Apr 27, 2018 10:45:51   #
eagleye13 Loc: Fl
 
son of witless wrote:
Unfortunately for you unethical is in the eye of the beholder. The Clintons financial dealings, to my eye, were plenty unethical, but they wrote the book on staying out of jail. I always thought Jesse Jackson Jr was a moron, because if he had only copied Bill and Hillary he could have easily done almost anything and not had legal trouble.

Your side constantly says Trump is going to jail, which means he has to be charged with illegal, not unethical by Mueller. Compared to the Clintons Trump is as pure as the driven snow. Also since Mueller and the Democrats have him under constant scrutiny and as yet have zilch on him, he has to be the ethical President in decades.

You say my boy Donald J. is actively profiting from his office and yet this topic is that Trump has lost money as a President. Contrast that with the Clintons and Barry Obummer. Look where they were before they achieved their high positions and look how rich they are now. Tell me again who profited from their office. Especially how much richer Bill and Hillary got while she was Secretary of State.

Not that I would ever say that your statements are , , , , , I don't know the word, a mite strange.
Unfortunately for you unethical is in the eye of t... (show quote)


I sure am waiting on a response from Morgan on this, son.
So a repeat is in order;
"Unfortunately for you (Morgan) unethical is in the eye of the beholder. The Clinton's financial dealings, to my eye, were plenty unethical, but they wrote the book on staying out of jail. I always thought Jesse Jackson Jr was a moron, because if he had only copied Bill and Hillary he could have easily done almost anything and not had legal trouble.

Your side constantly says Trump is going to jail, which means he has to be charged with illegal, not unethical by Mueller. Compared to the Clintons Trump is as pure as the driven snow. Also since Mueller and the Democrats have him under constant scrutiny and as yet have zilch on him, he has to be the ethical President in decades.

You say my boy Donald J. is actively profiting from his office and yet this topic is that Trump has lost money as a President. Contrast that with the Clintons and Barry Obummer. Look where they were before they achieved their high positions and look how rich they are now. Tell me again who profited from their office. Especially how much richer Bill and Hillary got while she was Secretary of State.

Not that I would ever say that your statements are , , , , , I don't know the word, a mite strange." - son of witless

Reply
Apr 27, 2018 11:23:42   #
debeda
 
eagleye13 wrote:
I sure am waiting on a response from Morgan on this, son.
So a repeat is in order;
"Unfortunately for you (Morgan) unethical is in the eye of the beholder. The Clinton's financial dealings, to my eye, were plenty unethical, but they wrote the book on staying out of jail. I always thought Jesse Jackson Jr was a moron, because if he had only copied Bill and Hillary he could have easily done almost anything and not had legal trouble.

Your side constantly says Trump is going to jail, which means he has to be charged with illegal, not unethical by Mueller. Compared to the Clintons Trump is as pure as the driven snow. Also since Mueller and the Democrats have him under constant scrutiny and as yet have zilch on him, he has to be the ethical President in decades.

You say my boy Donald J. is actively profiting from his office and yet this topic is that Trump has lost money as a President. Contrast that with the Clintons and Barry Obummer. Look where they were before they achieved their high positions and look how rich they are now. Tell me again who profited from their office. Especially how much richer Bill and Hillary got while she was Secretary of State.

Not that I would ever say that your statements are , , , , , I don't know the word, a mite strange." - son of witless
I sure am waiting on a response from Morgan on thi... (show quote)


Excellent summation of the facts!!!!

Reply
Apr 27, 2018 12:09:12   #
eagleye13 Loc: Fl
 
debeda wrote:
Excellent summation of the facts!!!!


Sounds like Morgan crawled back under her rock and joined her roommates.
https://www.youtube.com/watch?v=Re72di5phM0

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