Remember how much is being spent on every Trump round of golf as he is on pace to have spent a year playing golf if he reaches the end of his sole term as POTUS.
And how much money has been thrown at the “hire American” Trump’s Mar-a-Lago and its 61 foreign workers. Transpose that to the promotional time and rate-payers money that Trump is expending on Turnberry, which still operates at a loss.
And the UK is paying for his security to the tune of 5 million pounds, because he’s promoting his business with 40 “business associates” at his white elephant of a golf course.
His Boeing 757 alone cost more than ten thousand dollars per hour of use, not to mention the dozens of staffers at his various properties, the clothes and food and jewelry of a status-conscious family, and countless other expenses that could easily eat up all of that income. There simply isn’t enough money coming into Trump’s known business to cover the massive outlay he spent on Turnberry
Between meeting the Queen of England and Vladimir Putin, President Trump will spend this weekend at Turnberry, the golf course he bought in 2014 and rechristened Trump Turnberry. This property has not received the attention it deserves. It is, by far, the biggest investment the Trump Organization has made in years.
It is so much bigger than his other recent projects that it would not be unreasonable to describe the Trump Organization as, at its core, a manager of a money-losing Scottish golf course that is kept afloat with funds from licensing fees and decades-old real-estate projects.
No doubt, the President will be excited to visit. After buying the property for more than sixty million dollars, he then spent a reported hundred and fifty million pounds—about two hundred million dollars total—remaking the site, adding a new course, rehabbing an old one, and fixing up the lodgings. It is possible, though, that he will have some harsh words for his staff. The Turnberry has been losing an astonishing amount of money, including twenty-three million dollars in 2016. The Trump Organization argued that these losses were the result of being closed for several months for repair. However, revenue for the months it was open were so low—about $1.5 million per month—that it is hard to understand how the property will ever become profitable, let alone so successful that it will pay back nearly three hundred million dollars in investment and losses.
www.newyorker.com/...
Has Trump gotten Rogered?
Roger Stone may have identified his role relative to Trump’s close involvement with the 13 Russian Military Intel officers.