Comments by "" (@DavidJ222) on "Anderson Cooper calls out Trump for golfing while virus surges" video.
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Trump can't be bothered with doing his job when there's still so much more grifting left to do before November.
last year we learned that on Don the Con's orders, the Pentagon acknowledged that it had been sending US troops to his failing Turnberry golf resort while they were on overnight layovers at the nearby Glasgow Prestwick Airport in Scotland, for the sole purpose of lining his greedy pockets with taxpayer dollars.
Then we learned that DJT wanted to hold this year's G-7 Summit at his Doral resort in Florida, so that he could again line his greedy pockets with millions in foreign money and taxpayer dollars.
Now we've recently learned that DJT asked the American ambassador to Britain, Woody Johnson, to see if the British government could help steer the lucrative British Open golf tournament to the Trump Turnberry resort in Scotland..
This is a level of corruption that we have never seen before, or even imagined. Its naked, gratuitous, egregious and overt corruption on steroids. Nixon's ghost can finally rest in peace, for Nixon is no longer the most corrupt president in American history. T.rump's face belongs on the Mt Rushmore of corruption....all by itself. At this point, they should just wrap the entire White House with yellow police tape, and declare the whole thing a crime scene.
And win or lose in November, one thing won’t change for Trump: Over the next few years, he must settle a series of TREMENDOUSLY large debts. Before the end of a theoretical second term, his company will have to refinance—or, in a far less likely scenario, pay off—nearly a half-billion dollars in loans. These debts are maturing at the worst time for Trump, whose roach hotels and resorts have been plagued by declining revenues. And that was before the pandemic pummeled the hospitality industry.
On financial disclosure forms, Trump has reported holding 14 loans on 12 properÂties. At least six of those loans, representing about $479 million in debt, are due over the next four years. Some are guaranteed by Trump himself, meaning a creditor could come after his personal—not corporate—Âassets if he defaults. If he holds onto the White House, the refinancing of these debts could take his conflicts of interest to absurd new heights. How will the public know if these deals are on the up and up or whether Trump is receiving sweetheart terms from a bank that wants an in with the president? And what might a lender desire in return for helping Trump out of a financial jam?
Trump’s biggest creditor is Deutsche Bank, the bank preferred by Russian mobsters and Oligarchs. In the late 1990s, Deutsche Bank took a gamble on Trump, whose history of bankruptcies made him untouchable by most other lenders. Deutsche’s commercial lending division learned the hard way one reason why other banks wouldn't touch Trump with a ten-foot pole: If pushed by his creditors on payments, Trump shoved back. In 2008, after he defaulted on a loan for his Chicago hotel and condo development, he filed a multibillion-Âdollar suit accusing Deutsche and others of contributing to the recent financial meltdown, which he blamed for his inability to repay the loan.
Nevertheless, Deutsche’s private banking division, which caters to wealthy clientele, continued to lend to Trump, giving him $125 million, spread over two loans, to finance the purchase and renovation of his Doral golf resort in 2012. Both are floating rate loans, meaning the interest rate fluctuates based on market conditions, which lending experts say usually indicates they are interest-only loans. If so, Trump probably hasn’t paid down much if any of the principal and will owe something close to the whole $125 million when the loans come due in 2023.
In 2014, Trump took out a separate floating loan from Deutsche’s private bank to bankroll the development of his luxury hotel in Washington, DC. The balance of this $170 million debt is payable in 2024. That year, Trump will also owe Deutsche between $25 million and $50 million in connection with his Chicago hotel and complex.
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