Drumpf will return to struggling hotels, looming loan payments and two state investigation

[BlueWavePsych]

Trump will return to a business facing struggling hotels, looming loan payments and two state investigations

Some of Trump’s best-known properties have struggled since he took office, according to records obtained by The Washington Post, as his divisive political rhetoric drove away the big-spending urban customers and nonpolitical conferences his businesses relied upon.

But this year, the coronavirus pandemic added new pain. The pandemic has decimated the hospitality business, forcing layoffs at several Trump properties and shuttering his hotel in Vancouver, B.C. (Four other Trump hotels have closed since he was elected in 2016.)

Trump is facing more than $400 million in loan payments in the next four years. Some of the loans are on properties — including Trump’s Doral resort in Miami and his hotel in Washington — that are already losing money, according to reporting in the New York Times. After he leaves office, Trump could lose some of his power to direct government spending to his properties. But he could also embrace new sources of revenue — perhaps a return to television, where his work on NBC’s “The Apprentice” once provided millions in cash.

In addition, Trump is facing investigations of his company’s past financial practices, by the New York attorney general and the Manhattan district attorney. Investigators have not produced any evidence of wrongdoing.

https://www.washingtonpost.com/elections/2020/11/08/biden-trump-election-live-updates/#link-QVHXDQ6HPJF5ZLFG5VCFLJPKWM

[dawg day]

1. I hope he never has another peaceful moment in his life

And I hope his lousy family live in misery. (Except his niece Mary and young Barron unless he grows up into his family legacy of rot.)

[BannonsLiver]

2. Not sure the last sentence in the snip is a factual statement

We don’t know what the investigators know. Neither does the Post. Sort of surprised an obvious half truth like that made it into print.

[BlueWavePsych]

3. Agree.

A FULL and THOROUGH investigation is called for.

[louis-t]

7. It says they haven't "produced" any evidence.

It doesn't say they don't 'have' evidence.

[tirebiter]

4. In the meantime

People are dying. Get on with it.

[Sherman A1]

5. Darn the luck

[Mme. Defarge]

6. I am anticipating a higher heating bill this winter

as I indulge myself with multiple helpings of a dish that is best served cold.