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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOn Morning Joe, there was an author of a new book about Trump and family bringing in $1.9B
so far during his presidency. I didn't catch the author's name, but sure didn't miss the $1.9B...that's with a "B"!
He wasn't on for very long, but just long enough to get the message across.
HOW could they bring in that much in such a short time? I doubt it includes the kickbacks or theft, when possible, I'm also sure his financial affairs weren't put into a blind trust.
Anyone else hear that interview?
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On Morning Joe, there was an author of a new book about Trump and family bringing in $1.9B (Original Post)
Frustratedlady
Sep 2020
OP
Mike 03
(16,616 posts)1. Kicking in case someone knows the answer to this question. nt
mnhtnbb
(31,374 posts)2. More info about the book
Donald Trump and his business firms took-in more than $1.9 billion during his first three years as U.S. president from 2017 to 2019, despite Trump ostensibly yielding management of his companies to other people as required by U.S. law.
Of his various ventures, Trump's golf courses and clubs accounted for the largest chunk in revenues, $753 million, or 39% of his businesses' total income in these three years. His most profitable businesses, however, are his commercial real estate assets.
An in-depth report exposing Trump's billion dollar earnings while U.S. president are in the upcoming book, "White House, Inc." The tell-all was written by Dan Alexander, a senior editor at Forbes who covers Trump's businesses.
Of his various ventures, Trump's golf courses and clubs accounted for the largest chunk in revenues, $753 million, or 39% of his businesses' total income in these three years. His most profitable businesses, however, are his commercial real estate assets.
An in-depth report exposing Trump's billion dollar earnings while U.S. president are in the upcoming book, "White House, Inc." The tell-all was written by Dan Alexander, a senior editor at Forbes who covers Trump's businesses.
https://www.btimesonline.com/articles/138788/20200913/trump-earns-1-9-billion-businesses-3-years-u-s.htm
And the Forbes article: https://www.forbes.com/sites/danalexander/2020/09/11/trumps-businesses-raked-in-19-billion-of-revenue-during-his-first-three-years-in-office/#5649cb731e13
Mike 03
(16,616 posts)3. Excellent. Thanks.
Mike 03
(16,616 posts)4. Here's more info about the book:
https://www.amazon.com/White-House-Inc-Presidency-Business/dp/0593188527
White House, Inc.: How Donald Trump Turned the Presidency into a Business Hardcover September 22, 2020
by Dan Alexander (Author)
White House, Inc.: How Donald Trump Turned the Presidency into a Business Hardcover September 22, 2020
by Dan Alexander (Author)
An in-depth investigation into Donald Trumps businessand how he used Americas top job to service it.
White House, Inc. is a newsmaking exposé that details President Trumps efforts to make money off of politics, taking us inside his exclusive clubs, luxury hotels, overseas partnerships, commercial properties, and personal mansions. Alexander tracks hundreds of millions of dollars flowing freely between big businesses and President Trump. He explains, in plain language, how Trump tried to translate power into profit, from the 2016 campaign to the ramp-up to the 2020 campaign.
Just because you turn the presidency into a business doesnt necessarily mean you turn it into a good business. After Trump won the White House, profits plunged at certain properties, like the Doral golf resort in Miami. But the presidency also opened up new opportunities. Trumps commercial and residential property portfolio morphed into a one-of-a-kind marketplace, through which anyone, anywhere, could pay the president of the United States. Hundreds of customersincluding foreign governments, big businesses, and individual investorsobliged.
The president's disregard for norms sparked a trickle-down ethics crisis with no precedent in modern American history. Trump appointed an inner circle of centimillionaires and billionairesincluding Ivanka Trump, Jared Kushner, Wilbur Ross, and Carl Icahnwho came with their own conflict-ridden portfolios. Following the presidents lead, they trampled barriers meant to separate their financial holdings from their government roles.
White House, Inc. is a page-turning, hair-raising investigation into Trump and his team, who corrupted the U.S. presidency and managed to avoid accountability. Until now.
White House, Inc. is a newsmaking exposé that details President Trumps efforts to make money off of politics, taking us inside his exclusive clubs, luxury hotels, overseas partnerships, commercial properties, and personal mansions. Alexander tracks hundreds of millions of dollars flowing freely between big businesses and President Trump. He explains, in plain language, how Trump tried to translate power into profit, from the 2016 campaign to the ramp-up to the 2020 campaign.
Just because you turn the presidency into a business doesnt necessarily mean you turn it into a good business. After Trump won the White House, profits plunged at certain properties, like the Doral golf resort in Miami. But the presidency also opened up new opportunities. Trumps commercial and residential property portfolio morphed into a one-of-a-kind marketplace, through which anyone, anywhere, could pay the president of the United States. Hundreds of customersincluding foreign governments, big businesses, and individual investorsobliged.
The president's disregard for norms sparked a trickle-down ethics crisis with no precedent in modern American history. Trump appointed an inner circle of centimillionaires and billionairesincluding Ivanka Trump, Jared Kushner, Wilbur Ross, and Carl Icahnwho came with their own conflict-ridden portfolios. Following the presidents lead, they trampled barriers meant to separate their financial holdings from their government roles.
White House, Inc. is a page-turning, hair-raising investigation into Trump and his team, who corrupted the U.S. presidency and managed to avoid accountability. Until now.
Frustratedlady
(16,254 posts)5. Thank you. I was searching and couldn't find anything at all.
I appreciate your time and the info.
dalton99a
(81,393 posts)6. +1. So much sacrifice for the country