Showing posts with label commercial properties. Show all posts
Showing posts with label commercial properties. Show all posts

Thursday, June 29, 2017

So Donald Trump has fake Time magazine covers with his face on them all over this golf clubs. Why am I not surprised by this?

Courtesy of WaPo: 

The framed copy of Time magazine was hung up in at least five of President Trump’s clubs, from South Florida to Scotland. Filling the entire cover was a photo of Donald Trump. 

“Donald Trump: The ‘Apprentice’ is a television smash!” the big headline said. Above the Time nameplate, there was another headline in all caps: “TRUMP IS HITTING ON ALL FRONTS . . . EVEN TV!” 

This cover — dated March 1, 2009 — looks like an impressive memento from Trump’s pre-presidential career. To club members eating lunch, or golfers waiting for a pro-shop purchase, it seemed to be a signal that Trump had always been a man who mattered. Even when he was just a reality TV star, Trump was the kind of star who got a cover story in Time. 

But that wasn’t true. 

The Time cover is a fake. 

There was no March 1, 2009, issue of Time magazine. And there was no issue at all in 2009 that had Trump on the cover. 

In fact, the cover on display at Trump’s clubs, observed recently by a reporter visiting one of the properties, contains several small but telling mistakes. Its red border is skinnier than that of a genuine Time cover, and, unlike the real thing, there is no thin white border next to the red. The Trump cover’s secondary headlines are stacked on the right side — on a real Time cover, they would go across the top. 

And it has two exclamation points. Time headlines don’t yell.

Yeah only Donald Trump gets two exclamation points worth of excited about Donald Trump.

Time Magazine is now demanding that Trump have the phony covers removed, while everybody associated with the clubs or the Administration acts like they have no idea how such a thing ever happened:  

The Trump Organization did not respond to questions this week about who made the cover and why it was displayed at Trump clubs. White House spokeswoman Sarah Huckabee Sanders declined to say whether Trump had known that the cover wasn’t real. 

“We couldn’t comment on the decor at Trump Golf clubs one way or another,” Sanders wrote in an email.

Yeah, who's in charge of the decor at Trump's golf course anyway?

Surely THAT is the person who the press should be focusing on.

Unless they are assuming that Donald Trump is such an insufferable megalomaniac that he ordered the fake covers made up just to give the impression that he was more important than he actually was in reality.

That would mean he was somehow unhinged.

And NOBODY is saying that, right?

Right?

P.S. By the way.
And NONE of those is a phony. 

Saturday, June 17, 2017

As suspected Donald Trump is using the presidency to gain more wealth.

Yesterday Trump's 2017 financial disclosure was released.

I started to read through it in order to write an in depth analysis, before realizing that I don't know shit about finances and going to the movies instead.

However there are others who did not sleep through their economics classes, and THEY have made some discoveries.

For instance The Atlantic discovered that Trump is using his office to make his properties more profitable:   

President Trump says he’s received tens of millions of dollars in income from the golf courses and resorts whose profile he boosted during frequent visits since taking office, according to filings released Friday by the U.S. Office of Government Ethics. 

The 98 pages of financial disclosures offer a partial snapshot of Trump’s income and assets from January 2016 to April this year, as well as indications he’s reaped at least a partial windfall since his most recent filing with the Federal Election Commission last year. The filings offer less detailed information about his precise financial situation than would be obtained from his tax returns. Trump broke with modern precedents by refusing to release those returns on the campaign trail or during his presidency.

Properties that Trump frequently visited as president saw the largest boost in income. Trump claimed more than $37 million in income from Mar-a-Lago, the Palm Beach County resort in Florida he described as his “Winter White House,” as well as $20 million in income from the nearby golf club he owns in Jupiter, Florida. His claimed Mar-a-Lago income rose rapidly since his last two financial disclosures with the FEC: Trump reported more than $15 million in income from the resort in the 2015 report, followed by $29 million in the 2016 version.

So apparently while we were all criticizing Trump for constantly visiting golf clubs and resorts instead of working, he was in fact using his office to draw attention to them and make them more profitable.

Which, in my opinion, is actually much worse.

Here is a president who may be slow to respond to national disasters because he is too busy doing free advertising for one of his many commercial properties.

However the report is not all good news for Trump's finances, because we also learned that he owes hundreds of millions of dollars and may not be nearly as wealthy as he claims.

Courtesy of Raw Story:  

President Donald Trump had personal liabilities of at least $315.6 million to German, U.S. and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday by the U.S. Office of Government Ethics. 

Trump reported income of at least $594 million for 2016 and early 2017 and assets worth at least $1.4 billion. 

Only 1.4 billion in assets huh?

Now I'm sure that Trump would dispute this and claim that it only shows a portion of his "vast wealth," but until we see his tax returns this is really all we have to go on.

And having over 300 million in liabilities certainly does not speak well of his money management skills either.

Using the White House to make money, while lying about his wealth, and owing creditors over 300 millions dollars.

THAT is who the Russians, and of course deplorables, thought should run this country.

Yeah, that impeachment thing really cannot happen soon enough in my opinion.