The failing Trump Organization
Remember when Trump refused to divest his holdings as recommended strongly by the toothless 15 million dollar a year funded Government Ethics Commission, but Trump just handed it over to Eric and Junior with the promise/lie "I will never speak to them about it"?
https://www.newsweek.com/trump-government-ethics-541873 (December 1, 2017)
Because the apples never fall far from the tree, guess what happened?
How is that working out? Bet those boys are raking it in!
Oops, lost $1,400,000,000 in less than 2 years...and rising. Total fail...down 25% as the market and economy are booming...someone says so all the time!
And on the horizon - the overdue by 30 years tax and penalities bill due up soon because of fraudulent real estate valuations covered up with fraudulent appraisals. Know off another half a billion.
Why no cuing up of the vast left wing conspiracy screed as to why the massive losses when other billionaires never had it so good...Prince and Junior, come out of hiding and explain to Papa publically because - he promised no collusion.
https://www.politico.com/story/2018/10/02/trump-forbes-net-worth-861235
"President Donald Trump, who has long bragged about his success and wealth, has dropped more than 100 spots on Forbes' list of the wealthiest people in the United States.
Trump's net worth has dropped from $4.5 billion in 2015 to $3.1 billion in the last two years, Forbes reported. The magazine also said that the drop has knocked Trump 138 spots lower on its latest Forbes 400 list, which will be released on Wednesday."
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Trump is a loser where it really counts most to him, his wallet.
Makes my day brighter just thinking about the $1.4 billion down the drain by his incredibly stupid but equally unethical sons. Act 3 in a follow up to Trump, Act 2, being unmasked as a financial loser needing propping up constantly by Papa (Act 1) from Day 1. See NYT story.
Some folks believe ethics matter and that having ethics is about a lot of things; about voting is just one, ethics is also about charity, ethics is about fairness, ethics is having no bias, and ethics is increasingly important for business. Lack of ethics will show up on the bottom line. If nothing else "Trump" is synonymous with "I don't care, do you" and is the antithesis of ethics. Shit he is even proud of that!
And what did that get his failing empire?
Here is what is happening at his massively loser golf courses around the world. Who wants to go golf at a place with 300 dollar non-member green fees only to be met at the front door by the usual cart boy...and then two sniffer dogs and a metal detector. I am carrying 14 irons for fucks sake! And I paid 200 grand a year at this country club to be a member to be sniffed like a potential terrorist by Killer? Look, I have my MAGA golf cap on! Let me in!
And I think not many Deplorables golf at all, not for 300 dollars, so dry revenue stream there. And the Russian money launderers have gone underground and elsewhere...lot of eyes around, even fucking dogs.
Let me repeat....
Trump's net worth has dropped from $4.5 billion in 2015 to $3.1 billion in the last two years, Forbes reported. The magazine also said that the drop has knocked Trump 138 spots lower on its latest Forbes 400 list.
1.4 billion...down 25%! That is a blood bath!
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