Trump Gamed The Numbers On His Washington, D.C. Hotel: Congressional Report - Rachel Maddow - MSNBC

[Rhiannon12866]

Rachel Maddow reports on the findings in a House Oversight Committee report on Donald Trump's leasing of the Old Post Office building for his Trump International Hotel, showing a now familiar pattern of crookedness, potentially fraudulently hiding debts and losses, and a hard-to-explain favor to Trump from Deutsche Bank on his massive loan on the lease. Aired on 10/08/2021.

[elleng]

1. Too bad.

It's a white elephant, to large and expensive to maintain, so the gov't rented it to trmp.

[Roy Rolling]

2. Everything Trump Touches Dies

ETTD

He’s the opposite of beneficial, he selfishly sucks the profit from any project he enters. He’s a barnacle on the economic ship.

[gab13by13]

3. Nope, I disagree.

Trump's various properties lose money because they are intended to lose money, they are used to launder money.

[Walleye]

5. ☝️☝️☝️

[efhmc]

6. So where does he get the money to launder into those businesses?

Aren't laundered monies from illegal businesses? He would not be successful there either.

[Rhiannon12866]

4. He's also a terrible businessman, his attempts at casinos were huge financial failures

And this includes after his father tried to bail him out with millions. His father's company was extremely successful, but he needed money so badly that he attempted to disinherit his siblings and ended up selling it at a loss. Mary Trump talks about his financial failures in her book.