Trump's resort business is collapsing -- is that why he pushed to reopen the economy? [View all]

Trump's resort business is collapsing — is that why he pushed to reopen the economy?
Donald Trump is broke, and his resorts are bottomless money pits. He needed "reopening" to keep his business afloat

BOB CESCA
SEPTEMBER 29, 2020 11:00AM


(Salon) For the past several decades, Donald Trump has been widely regarded as a great big phony. Everything about him is a mirage. He steals credit for the accomplishments of others, especially his predecessor, Barack Obama. His business model is all about slapping his goofy name on properties built by others. Even his outward appearance is a fraud: his unsubstantiated self-confidence, his hair, his clown makeup, his baggy suits designed to hide his doughy frame, even his shoes, which appear to have unusually high heels — it's all intended to make him appear physically more powerful than he actually is. Fake, fake and fake.

It's all a big show. In reality, he's nothing more than a petty, brittle, small man — and a business failure.

Now, thanks to the latest bombshell story from the New York Times, revealing previously unknown details about Trump's tax returns, we finally have solid confirmation that his wealth and his status as a successful businessman are just as fake as his presidential record and his dairy-swirled hair.

One of the major components in Trump's ongoing deception pertains to the alleged "success" of his various resorts and golf courses. Spoiler warning: Trump's properties aren't doing nearly as well as he says, which leads me to a theory about his response to the pandemic. More on that presently.

According to the tax returns obtained by the Times, Trump earned $427 million as the host of "The Apprentice," along with various deals linked to his network television career. Trump used his TV revenue to go on a spending spree, buying up golf courses around the world -- golf courses that turned out to be 18-hole money-pits. As of 2015, he had accumulated 15 golf resorts, and it's difficult to find one that's actually operating at a profit. ..........(more)

https://www.salon.com/2020/09/29/trumps-resort-business-is-collapsing--is-that-why-he-pushed-to-reopen-the-economy/