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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow Much Money Does Trump Plan to Give Himself as "Tourism Bailout"?
We are about to witness the biggest scam ever conceived in this country. I predict it will be bigger than Enron. US tourism generates over $1.5 trillion a years and gives us millions of jobs.
In comparison , Enron earned a measly $800 million in 1999 and only had $60 billion in assets. And yet, the Bush administration engineered a war with Afghanistan so that they could propose a massive bailout for Enron (which died in the US Democratic senate spelling Enron's doom).
If Enron was bad, the Corona Virus Tourism Bailout will be the Death Star of scams.
I can see it now. Casino owners down on their knees in front of Jared Kushner vowing that they will give Trump a "cut" of their government bailout. Plus, since most of Trump's holdings are vacation related, he will be able to get a big piece of the bailout pie. He can withhold funds from his political enemies--California comes to mind. He can threaten to withhold funds from the state of New York if they do not shut down the various state investigations of his criminal business activity.Need the mayor of a major Democratic enclave in a Red state to shut down most of the polls on election day? Give him a Corona Virus Tourism Bailout! It will be just like withholding military aid to the Ukraine.
Why is this man smiling? Because he is a fucking conman who is about to fleece the United States.
Just say no to the Corona Virus Tourism Bailout. Instead, I suggest that the House quickly draft legislation to extend unemployment insurance benefits for the workers who are laid off from their tourism industry jobs.
CanonRay
(14,112 posts)Millions I'd guess
pandr32
(11,605 posts)maxrandb
(15,349 posts)maxrandb
(15,349 posts)that you can't get the funds if you're in a federal prison!
Skittles
(153,182 posts)seriously
Wellstone ruled
(34,661 posts)you are on to a nasty Bail out bill that is rumored to become a reality.
Posted earlier today about how a 7 billion Dollar Loan to Eldorado Casino Corp for the purchase of Caesar's Entertainment(Carl Icahn and Associates)and the funding of three other Casino's purchased by Trumps Vegas Hotel partner Rifkin.
Need we speculate what is about to happen? Remember,this Asshole took over a 100k from the Bush/Cheney bank bailout.