(July 14, 2018 at 7:30 pm)Minimalist Wrote: https://www.rawstory.com/2018/07/trump-u...ns-report/
Quote:Trump using Scotland visit to promote his golf course — which is losing millions: report
Quote:Financial records show that the president’s Trump Turnberry resort has lost money since the New York City real estate mogul purchased the golf course in 2014.
“In fact, the Turnberry operation has lost tens of millions of pounds since he purchased it, filings in Britain show: about £17 million in 2016, the last year for which such comprehensive records are available,” the Times reported.
Douchebag.
He is still rich, but like a mobster, not someone who is doing business ethically.
Golf course owners in general own them as a status symbol, not a money maker. I'd worry more about the fact he has violated the emolument's clause along with his own family. I'd worry about the fact he got elected with all other failed businesses and his "university".
His ability to get away with murder at a financial scale started with Reagan's age of deregulation. It is why no energy company CEO has gone to prison for dumping coal ash and Genex in water supplies. It is why the Wells Fargo CEO only got a slap on the wrist.
The new western economy model is let the rich gamble and make everyone else pay when they lose. It is simply worse that that mindset is holding our highest office.
