Tag: emolluments clause

Trump: Being president is a ‘great loser’ because I can’t profit enough

Credit: Andy Buchanan, AFP, Getty Images

NOTE:  We remember during the 2016 campaign and during the Trump transition, how Mr. Trump spoke of how the businesses were being turned over to his sons to run and that he wouldn’t know what was happening there.  Sounds like that’s not happening, doesn’t it?  Anyone surprised?

Trump seems to think being president should work just like investing in real estate.

Trump described the office of the presidency itself like a real estate deal, calling it a “loser” because he claims he has been unable to make money from his position.

“I lost massive amounts of money doing this job,” Trump whined to the New York Times in a Thursday interview. “This is not the money. This is one of the great losers of all time. You know, fortunately, I don’t need money. This is one of the great losers of all time. But they’ll say that somebody from some country stayed at a hotel. And I’ll say, ‘Yeah.’ But I lose, I mean, the numbers are incredible.”

Trump’s comments aren’t just distasteful; they’re also false. He squeezes money out of the Oval Office and into his own pockets on a regular basis.

D.C., Maryland begin seeking Trump financial documents in case related to his D.C. hotel

The attorneys general for Maryland and the District of Columbia issued subpoenas for financial records and other documents from as many as 13 of President Trump’s private entities Tuesday as part of an ongoing lawsuit alleging that his business violates the Constitution’s ban on gifts or payments from foreign governments.

The subpoenas seek details on some of the most closely held secrets of Trump’s presidency: Which foreign governments have paid the Trump Organization money? How much? And for what?

All of the documents — among them marketing materials targeted to foreign embassies, credit card receipts and restaurant reservation logs — relate to Trump’s D.C. hotel, which is at the center of the case because of events foreign governments have held there and the federal lease that allows the business to operate.

View the complete December 4 article by Jonathan O’Connell, Ann E. Marimow and David A. Fahrenthold on the Washignton Post website here.

Want to Know More About … the Trump Hotel

Cynthia Mcfadden: “It’s The Money Spent By Foreign Governments That Have Ethics Watch Dogs Reeling.”

MCFADDEN: “It’s the money spent by foreign governments that have ethics watch dogs reeling. NBC news also reviewed thousands of registration forms for foreign agents. They show that lobbyists for Saudi Arabia spent $270,000 at the hotel. A few months later president trump took his first foreign trip there.” [Today, NBC, 8/8/18; VIDEO]

Cynthia Mcfadden: “NBC News Also Reviewed Thousands Of Pages Of Registration Forms For Foreign Agents. They Show That Lobbyists Working For Saudi Arabia Spent $270,000 At The Hotel. A Few Months Later President Trump Took His First Foreign Trip There.”

[Today, NBC, 8/8/18; VIDEO] Continue reading “Want to Know More About … the Trump Hotel”

At President Trump’s hotel in New York, revenue went up this spring — thanks to a visit from big-spending Saudis

The following article by David A. Fahrenthold and Jonathan O’Connell was posted on the Washington Post website August 3, 2018:

Trump International Hotel in Manhattan is the one remaining Trump-branded hotel in New York. Credit: Houdek Vladimir, AP

The general manager of the Trump International Hotel in Manhattan had a rare bit of good news to report to investors this spring: After two years of decline, revenue from room rentals went up 13 percent in the first three months of 2018.

What caused the uptick at President Trump’s flagship hotel in New York? One major factor: “a last-minute visit to New York by the Crown Prince of Saudi Arabia,” wrote general manager Prince A. Sanders in a May 15 letter, which was obtained by The Washington Post.

Neither Crown Prince Mohammed bin Salman nor members of the royal family stayed at Trump’s hotel, Sanders said: He said the Trump hotel didn’t have suites big enough to accommodate them. But “due to our close industry relationships,” he wrote, “we were able to accommodate many of the accompanying travelers.”

View the complete article here.