Tag Archives: entrepreneurial president

Enumerati

Ivanka Trump Made $4 Million from D.C. Hotel Last Year

$4 million

“Ivanka Trump made $4 million from her investment in her father’s Washington hotel last year,” Bloomberg reports. “She also made at least $1 million from her line of branded apparel, jewelry and other merchandise, down from at least $5 million in the previous year. Trump, 37, announced in July that she was closing her fashion businesses amid controversies over her role in the White House and after some big-name department stores dropped the brand.”

Enumerati

22 Foreign Governments Have Paid Money to Trump

22

“Representatives of at least 22 foreign governments appear to have spent money at Trump Organization properties, an NBC News review has found, hinting at a significant foreign cash flow to the American president that critics say violates the U.S. Constitution. … The extent and amount of foreign spending at Trump’s hotels, golf clubs and restaurants is not known, because the Trump Organization is a private company and declines to disclose that information.”

Enumerati

Trump’s Net Worth Rises

$3 billion

“President Trump’s net worth rose to $3 billion, a 5% gain over the past year, thanks to a jump in the value of an office-building deal he once sued to prevent,” Bloomberg reports. “The increase in Trump’s wealth reverses two years of declines and brings his net worth back to 2016 levels.”

Enumerati

Trump Spends Campaign Funds Where Else? Trump Tower

$37,500

HuffPost: “With commercial tenants fleeing his Trump Tower, President Donald Trump continues to spend $37,500 a month of campaign money for office space there — with some of that cash destined for his own wallet — even as thousands of square feet go unused at a newly opened office in northern Virginia. … No more than ‘four or five’ campaign staffers work at Trump’s Manhattan base, according to an informal adviser close to the White House, where the campaign rents a few thousand square feet as its ‘headquarters.’ The per-square-foot cost is likely at least triple what the [RNC] pays for the much larger space it shares with the campaign in Arlington, according to a HuffPost analysis.”

Enumerati

GOP Has Spent More than $4 Million at Trump Properties

+$4 million

The Hill: “Republican candidates and campaign committees have spent more than $4 million at hotel, golf and vineyard properties that bear President Trump’s name since he was inaugurated in 2017.”

Enumerati

Trump Lost 4 Percent of Income Last Year

4%

“President Trump’s income from several of his most high-profile properties fell last year, including a nearly $2.5 million drop at his Florida resort Mar-Lago and a $1 million decline one of his Florida golf resorts, his new financial disclosure reveals,” the Wall Street Journal reports. “In total, the minimum value of Mr. Trump’s income fell 4% to $434.8 million in 2018, down from $452.5 million the previous year.”

Enumerati

Trump Tower Leases Smell Like Emoluments

7

“The U.S. State Department allowed at least seven foreign governments to rent luxury condominiums in New York’s Trump World Tower in 2017 without approval from Congress, a potential violation of the U.S. Constitution’s emoluments clause,” Reuters reports.

Verbatim

Trump Has Sold Nearly 1 Million MAGA Hats

“We’re closing in on selling our one millionth red MAGA hat. You know those are 45 bucks a piece. You do the math there really quick, it’s $45 million. So those kind of things—this president has changed the game in the way merchandise, rallies, the entire experience of being part of the political movement. He’s changed it.”

— President Trump’s re-election campaign manager, Brad Parscale, telling CBS News that the campaign had sold almost a million MAGA hats.

Enumerati

Trump Administration Seeking to Make Countries Pay for U.S. Troops

+50%

Bloomberg: “The administration is drawing up demands that Germany, Japan and eventually any other country hosting U.S. troops pay the full price of American soldiers deployed on their soil — plus 50 percent or more for the privilege of hosting them, according to a dozen administration officials and people briefed on the matter. In some cases, nations hosting American forces could be asked to pay five to six times as much as they do now under the ‘Cost Plus 50’ formula.”

Poetic Justice

Our Poor President

Since he’s been the White House’s main resident,
Donald Trump’s business acumen has not been evident.
Despite Trump Tower rents
And foreign emoluments,
He claims he’s lost “billions” since becoming president.