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how broke is trump?

 
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real-human



Joined: 02 Jul 2011
Posts: 12595
Location: on earth

PostPosted: Fri Mar 19, 2021 11:07 pm    Post subject: how broke is trump? Reply with quote

https://www.msn.com/en-us/news/politics/trump-s-private-boeing-757-sitting-idle-in-disrepair-at-new-york-airport-report/ar-BB1eLznE?ocid=msedgntp


Trump's private Boeing 757 sitting idle in disrepair at New York airport: report



Quote:

CNN aviation analyst David Soucie note that operating a Boeing 757 can cost anywhere from $15,000 to $18,000 per hour.

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real-human



Joined: 02 Jul 2011
Posts: 12595
Location: on earth

PostPosted: Sun Mar 28, 2021 5:42 pm    Post subject: Reply with quote

well just do it.... He was under investigation for russian issues from day one of his campaigning and he lied and told us there was no contact with any russians. Yet the investigation showed over 200 instances before he was president. Let the house of cards fold upon him. He signed the contract with the highlighted clause below.

Washington Post


Backlash to riot at Capitol hobbles Trump’s business as banks, partners flee the brand


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At Deutsche Bank, which had bailed Trump out of financial hardships before, his personal banker resigned recently. And his existing loans with Deutsche Bank are on properties that have suffered severely from pandemic-related business closures. The New York Times reported that Deutsche Bank had determined it would not do business with Trump in the future. A Deutsche Bank spokesman declined to comment to The Post.

Also, at one of Trump’s most troubled and debt-saddled properties, he will soon have a new landlord: the Biden administration.

Trump’s D.C. hotel operates in the federally owned Old Post Office building under a contract with the federal government. For several years, therefore, Trump has effectively been his own landlord — and a fairly understanding one.

Since Trump was elected, the General Services Administration, which oversees the lease, has approved his ownership — despite a clause saying the lease could not benefit an elected official — and blocked House Democrats’ inquiries into the hotel. The GSA has said Trump is in compliance because he wasn’t an elected official when he signed the lease.
One of those Democrats, House Transportation and Infrastructure Committee Chairman Peter A. DeFazio (Ore.) said Tuesday that he hoped Biden’s team would release documents to show whether Trump derived improper benefits from the contract while president.

“My Committee’s investigation has not ended — it was stonewalled. I expect our records requests to be honored by the Biden administration,” DeFazio said in a statement to The Post.

Still, Trump’s D.C. hotel struggled: Company documents obtained by The Post said the hotel had been running nearly half-empty, even before the pandemic, The Post has reported. The company sought to sell the operation, then pulled it off the market after the novel coronavirus hit. Trump borrowed about $170 million from Deutsche Bank to renovate the building.

Now some experts think the Biden administration may have grounds simply to revoke the lease, particularly if Trump runs into further legal trouble. One clause in the contract says Trump would be in violation if he is “under investigation by any government authority for alleged criminal activity” — meaning federal or D.C. agencies.

Steven Schooner, an expert on contract law at George Washington University, said that should be enough.

“By law and regulation, our government need only do business with contractors that ‘have a satisfactory record of integrity and business ethics,’ ” Schooner said. Schooner said Biden’s administration should sever the contract.
“At a moment when major private-sector firms, concerned for their reputations, are publicly disassociating the Trump Organization like rats from a sinking ship, this isn’t rocket science,” he said.
A Biden transition spokesman declined to comment.

As of Tuesday night, Eric Trump had not tweeted at all since the day of the Capitol attack. The Trump Organization’s official Twitter account has been silent since Jan. 1, when it wished the world a happy new year.

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real-human



Joined: 02 Jul 2011
Posts: 12595
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PostPosted: Wed Mar 31, 2021 8:37 am    Post subject: Reply with quote

oh boy the sky seems to be falling for trumps. He does not seem to be winning in court right now. Delay tactics worked for 4 years but now are not possible.

https://www.msn.com/en-us/news/politics/judge-rules-trump-campaign-s-nondisclosure-agreement-is-invalid/ar-BB1f8PxL?ocid=msedgntp


Judge rules Trump campaign's nondisclosure agreement is invalid


Quote:
U.S. District Court Judge Paul Gardephe, a George W. Bush appointee, found that the language of the far-reaching contract was so vague that it was invalid under New York contract law, Politico reports.


"The vagueness and breadth of the provision is such that a Campaign employee would have no way of what may be disclosed, and, accordingly, Campaign employees are not free to speak about anything concerning the Campaign," Gardephe wrote in his decision. "The non-disclosure provision is thus much broader than what the Campaign asserts is necessary to protect its legitimate interests, and, therefore, is not reasonable."

Gardephe also found fault in the non-disparagement clause of the agreement, Politico reports, writing that the contract showed the Trump campaign did not operate "in good faith."

"The evidence before the Court instead demonstrates that the Campaign has repeatedly sought to enforce the non-disclosure and non-disparagement provisions to suppress speech that it finds detrimental to its interests," Gardephe added.

The outlet notes that the Trump campaign had asked Gardephe to edit the provisions in the contract if he found them unenforceable, but the judge declined to do so.

The Hill has reached out to Trump's office for comment on the ruling.

The ruling by Gardephe was issued in a case brought by Jessica Denson, a Hispanic outreach director on Trump's 2016 campaign. Denson is accusing the campaign of sex discrimination, Politico reports.

"I'm overjoyed," Denson told Politico, regarding Gardephe's ruling. "This president ... former president spent all four years aspiring to autocracy while claiming that he was champion of freedom and free speech. ... There's many people out there who have seen cases like mine and were terrified to speak out."

However, a representative for Trump disagreed with the ruling.

"We believe the court reached the wrong decision and President Trump's lawyers are examining all potential appeals," an unnamed aide to Trump told Politico.

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