Some make money off being POTUS, some lose it

The Donald loses it.

NEW YORK — When workers pried the Trump name off another Manhattan building earlier this year, it capped a bad few weeks for the president’s businesses.

Donald Trump’s golf resorts in Scotland had just posted millions of dollars in losses, one of his hotels in Panama had rebranded itself a Marriott, and New York officials announced they were looking into how he avoided paying tens of millions in taxes.

All that, along with the daily drumbeat of Trump tweets and headlines about investigations into his administration, led Austin, Texas, tech executive Gary Barrett to finally give up hope of ever turning a profit on an apartment he bought as an investment in a Trump tower in Las Vegas.

Etc.

For an inveterate money-maker, he has not played his cards right.

As opposed to his immediate predecessor, who rose from sometime community organizer to high-life liver worth millions.

 

2 thoughts on “Some make money off being POTUS, some lose it

  1. As one comedian used to say: “What a country!” In Michelle’s book she paints the couple’s early days as mucho lean. It sounded like she had to save table scraps to feed the children at times. So glad they’ve braved it through to being billionaires.

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