Sunday, January 19, 2020

Want a really big favor?

The nasty guy’s business dealings since he cheated his way into the Oval Office have not been in the news or in released White House statements. But David Fahrenthold, Joshua Partlow, and Jonathan O’Connell of the Washington Post, have looked at the public evidence and says this company is not doing well.

Important properties are struggling. The brand has become toxic to an array of customers. The company has pushed out dozens of undocumented workers (after news reports of the workers being undocumented). There are numerous lawsuits about conflicts of interest.

Replacing undocumented workers with legal workers means increased costs (which is why undocumented workers were hired). That puts a strain on the company’s finances.

Trump Doral Resort profitability has dropped 69%. The profitability of his Chicago hotel has dropped 89%. The nasty guy’s political brand is driving customers away. And the lost customers are far greater than customers staying at his properties in hopes that he’ll notice and will look kindly on their petition (it’s called a bribe).

Hunter of Daily Kos notes the likely sale of his Washington hotel (close to the White House) offers an opportunity for even bigger corruption. The nasty guy is…
likely to become even more overt in squeezing whatever cash he can get from this nation, its wealthiest request-havers, and anyone else in the world needing a big government favor and willing to pay for one.

If you think the man can handle that sort of pressure without doing something astonishingly crooked and/or stupid, you haven't been paying attention.
Want a really big favor from the president of the United States? Buy his hotel from him for an inflated price.

No comments:

Post a Comment