Tag Archives: entrepreneurial president

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.

Verbatim

Trump Says He’s Lost Billions Since Becoming President

“I said to one of my friends, a very wealthy friend, I said, ‘You know, I’ll bet you it cost me $2 or 3 billion and it’s worth every penny of it. I don’t need the money and it’s worth every penny because I’m doing so much for the country.”

— President Trump, quoted by USA Today, saying he’s lost “billions” since becoming president.

Enumerati

Pics of Melania Bring $100k to Trumps

$100,000

“Since her husband took office Melania Trump has earned six figures from an unusual deal with a photo agency in which major media organizations have indirectly paid the Trump family despite a requirement that the photos be used only in positive coverage,” NBC News reports. “President Donald Trump’s most recent financial disclosure reveals that in 2017 the first lady earned at least $100,000 from Getty Images for the use of any of a series of 187 photos of the first family shot between 2010 and 2016 by Belgian photographer Regine Mahaux … More problematic for the many news organizations that have published or broadcast the images, however, is that Getty’s licensing agreement stipulates the pictures can be used in ‘positive stories only.’”

Enumerati

The Payola Presidency

$16.1 million

ProPublica: “Since Donald Trump declared his candidacy for president in late 2015, at least $16.1 million has poured into Trump Organization-managed and branded hotels, golf courses and restaurants from his campaign, Republican organizations, and government agencies. Because Trump’s business empire is overseen by a trust of which he is the sole beneficiary, he profits from these hotel stays, banquet hall rentals and meals.”

Enumerati

GOP-Affiliated Groups Have Spent $3 Million at Trump Properties

$3 million

“Republican-affiliated campaigns, committees and outside groups have spent more than $3 million at various Trump properties since just after the 2016 election through last month, with roughly $924,000 coming from the Republican National Committee,” according to ABC News.

Enumerati

Trump Continues Secretive Real Estate Deals

$35 million

“President Trump’s companies sold more than $35 million in real estate in 2017, mostly to secretive shell companies that obscure buyers’ identities, continuing a dramatic shift in his customers’ behavior that began during the election,” a USA Today review found.