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Miles Archer

Profile Information

Name: Miles Archer
Gender: Male
Hometown: Hamilton Massachusetts
Home country: USA
Current location: Nevada
Member since: Wed Oct 16, 2013, 07:49 PM
Number of posts: 17,993

Journal Archives

Trump's Company Seeks to Ease Financial Crunch as Coronavirus Takes Toll

Trump’s Company Seeks to Ease Financial Crunch as Coronavirus Takes Toll

https://www.nytimes.com/2020/04/02/business/economy/coronavirus-trump-company-finances.html

With some of its golf courses and hotels closed amid the economic lockdown, the Trump Organization has been exploring whether it can delay payments on some of its loans and other financial obligations, according to people familiar with the matter and documents reviewed by The New York Times.

Representatives of Mr. Trump’s company have recently spoken with Deutsche Bank, the president’s largest creditor, about the possibility of postponing payments on at least some of its loans from the bank.

And in Florida, the Trump Organization sought guidance last week from Palm Beach County about whether it expected the company to continue making monthly payments on county land that it leases for a 27-hole golf club.

“These days everybody is working together,” said Eric Trump, the president’s son, who helps manage the family business. “Tenants are working with landlords, landlords are working with banks. The whole world is working together as we fight through this pandemic.”
Posted by Miles Archer | Thu Apr 2, 2020, 04:32 PM (9 replies)

Trump's meeting with big oil execs at the White House Friday.



President Donald Trump on Friday is reportedly set to hold an in-person White House meeting with top executives from some of the largest fossil fuel companies in the world—including Exxon Mobil, Chevron, and Continental Resources—to discuss relief measures for the industry as the coronavirus pandemic tanks global oil demand.

“Other chief executives set to attend Friday’s meeting include Vicki Hollub of Occidental Petroleum Corp., David Hager of Devon Energy Corp., Greg Garland of Phillips 66, and Kelcy Warren of Energy Transfer,” according to the Wall Street Journal, which first reported on the planned meeting Wednesday afternoon.

The meeting will come just over a week after Trump hosted a conference call with Wall Street and hedge fund titans.

“Mr. Trump is unlikely to endorse direct federal aid or market interventions during Friday’s meeting,” the Journal reported, “but may consider smaller actions including a waiver of a law that requires American vessels be used to transport goods, including oil, between U.S. ports. The president wants to show support, even if policy opinions are limited for now.”

https://www.rawstory.com/2020/04/moving-to-rob-us-blind-in-broad-daylight-trump-to-hold-in-person-meeting-with-big-oil-ceos-to-discuss-coronavirus-relief/
Posted by Miles Archer | Thu Apr 2, 2020, 07:39 AM (6 replies)

Trump blows up at Fox's John Roberts, denies disbanding pandemic response team. #AlternateFacts

Acyn Torabi
@Acyn

The President lashes out at John Roberts from Fox News for asking about the pandemic team. He asks Roberts if he’s working for CNN

https://twitter.com/Acyn/status/1245489017472180224


On Wednesday, President Donald Trump lost his temper at a coronavirus press briefing when Fox News correspondent John Roberts asked him about his administration disbanding the pandemic response team.

“We didn’t do that. That turned out to be a false story,” said Trump. (It is not a false story.) “Now you’re starting to go — are you working for CNN?”

“I’m pointing out what they have said and what you have said, that’s all,” said Roberts.
.
“Fox isn’t so easy either, don’t kid yourself,” whined Trump. “Look, John, let me tell you something. You know that’s a false story. What you just said is a false story, this doctor knows it better than anybody … you shouldn’t be repeating a story that you know is false.”

https://www.rawstory.com/2020/04/trump-blows-up-at-fox-news-reporter-for-asking-him-about-disbanding-pandemic-team/


Trump: "Upon information and belief, Iran or its proxies are planning a sneak attack..."

Donald J. Trump
@realDonaldTrump

Upon information and belief, Iran or its proxies are planning a sneak attack on U.S. troops and/or assets in Iraq. If this happens, Iran will pay a very heavy price, indeed!
1:05 PM · Apr 1, 2020·Twitter for iPhone

https://twitter.com/realDonaldTrump/status/1245396884040097792

Pence actually uses the words "bold" and "decisive" to describe Trump's coronavirus "leadership"

Posted by Miles Archer | Wed Apr 1, 2020, 12:40 PM (9 replies)

THOUGHTS & PRAYERS! Sale of Trump's D.C. hotel on hold as commercial real estate industry reels

Sale of Trump’s D.C. hotel on hold as commercial real estate industry reels

Commercial real estate owners including the president likely to see tax benefits from stimulus package as sales stagnate

https://www.washingtonpost.com/business/2020/03/31/trump-dc-hotel-sale/

The commercial real estate industry has ground nearly to a halt due to coronavirus shutdowns, forcing buyers and sellers of major properties, including President Trump’s company, to put their plans on hold.

Trump’s firm, which he still owns, has had to press pause on the proposed sale of its D.C. hotel lease due to the market’s collapse as potential buyers wait for banks and investors to return normal operations.

The company’s sales representative, Jeffrey Davis of JLL, confirmed to The Washington Post that the proposed sale of Trump’s lease to the federally owned Old Post Office Pavilion has been set aside as the industry recovers.

“We have toured only the most discerning buyers and are proud to be representing such an iconic asset,” he said. "Trump International Hotel, Washington D.C. is one of the finest hotels anywhere in the world and we look forward to working with the Trump Organization on finding the right fit once the industry is back up and running.”

"A lot of" Kushner's income "does come from being not the best landlord"

David Corn: "One time, President Obama told me and a few others that he was..."

David Corn
@DavidCornDC

One time, President Obama told me and a few others that he was the president of all Americans—even those who hated or opposed him. And he seemed to believe that.

https://twitter.com/DavidCornDC/status/1243897376609308673

Mona Shattell, PhD, RN, FAAN offers another great use for Trump's signature.

Mona Shattell, PhD, RN, FAAN
@MonaShattell

Replying to @JillWineBanks

his signature can go on death certificates too

9:07 AM · Mar 28, 2020·Twitter Web App

https://twitter.com/MonaShattell/status/1243887455264178176

"Rogue Melania" WINS TODAY'S INTERNET for her response to "Trump wants his name on the checks"

ogue MelaniaCocktail glassCocktail glassCocktail glassCocktail glass
@RogueFirstLady

I give mine to @JoeBiden

The Daily Beast
@thedailybeast

Trump wants Americans to see his signature on coronavirus relief checks, report says https://trib.al/RGxV8mC

https://twitter.com/RogueFirstLady/status/1243741635009265664
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