12/10/20

luzribeiro: (Default)
[personal profile] luzribeiro
For those who have been saying that Trump's becoming president has resulted in his losing money, note that Trump's fortune has been in decline for a long time, and during the prior decade (before 2010) the ONLY thing keeping the Trump family from going under was his show, The Apprentice, and since the show ended, his fortunes continued to decline. Trump used his profits from The Apprentice to invest in money losing golf courses.

In short, Trump makes money as an entertainer, but is a lousy businessman. But, methinks Trump no longer is entertaining, he's a downright boorish bore, and people are sick of him and his bullshit chaos and insanity, incessant lying, and all-round buffoonery.

Eric Trump conceded that his father ‘lost a fortune,’ but dismissed questions about influence-peddling.

"In contrast to the president’s contention that he was a Washington outsider who would “drain the swamp” when he took office, The Times investigation revealed that Mr. Trump not only did not disentangle himself from his business empire, but that a pay-to-play culture had permeated his presidency.

Mr. Trump turned his own resorts into the Beltway’s new back rooms, with companies and other special-interest groups spending millions booking conferences and rooms at his hotel in Washington and other properties, and on membership fees at his Mar-a-Lago club in Florida. They have been able to parlay their access to the president into federal funding, contracts, regulatory changes and ambassadorships.
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