Trump Awards G-7 Summit To His Own Resort

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Sep 6, 2012
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Edmond
#2
I've never seen this discussed here and am genuinely interested in this forum's views on Trump using the office of President to enrich himself. What are your thoughts?

Here is an article on this newest development...

https://www.washingtonpost.com/poli...1b32d6-ef52-11e9-89eb-ec56cd414732_story.html
It's been said that is for no profit. What is wrong with that? The optics dont look great or legal if he made a profit. If he is making no profit that would me it's less expensive. Where is the problem with that?
 
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Pokey

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Sep 13, 2013
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#3
It's been said that is for no profit. What is wrong with that? The optics dont look great or legal if he made a profit. If he is making no profit that would me it's less expensive. Where is the problem with that?
Now that amateur politician billionaires can hold the highest office in the land let’s just start a bidding war for the office of the President. Hell, since laws and rules no longer apply, let’s open the bidding and position to billionaire foreign nationals too. At least that way we would know who’s pulling the strings of power, and who feels confident they can capitalize the most while in the position. Emoluments scholuments!
 

CocoCincinnati

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Feb 7, 2007
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#4
Now that amateur politician billionaires can hold the highest office in the land let’s just start a bidding war for the office of the President. Hell, since laws and rules no longer apply, let’s open the bidding and position to billionaire foreign nationals too. At least that way we would know who’s pulling the strings of power, and who feels confident they can capitalize the most while in the position. Emoluments scholuments!
Our government has been for sale to the highest bidder for some time now. At least Trump made his money before becoming president. How many members of Congress have made millions upon millions of dollars during their time there?
 

Pokey

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Sep 13, 2013
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#5
Our government has been for sale to the highest bidder for some time now. At least Trump made his money before becoming president. How many members of Congress have made millions upon millions of dollars during their time there?
Oh well then we no longer need to vote then, just let the rich fight it out for the direction they’d like to take the country. Damn they’re already doing that!!!
 

CowboyOrangeFan

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Jun 9, 2006
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#6
It's been said that is for no profit. What is wrong with that? The optics dont look great or legal if he made a profit. If he is making no profit that would me it's less expensive. Where is the problem with that?
Yeah, but, here is the problem. This is being held in June. That resort is mostly empty in June. So how do you say you aren't making a profit when you are charging for a room that is usually empty. Don't kid yourselves. He is going to come out ahead in this deal.

Not to mention, it really isn't that great of a resort for something like this. There are so many places that would better. Especially that time of year. That is what makes Mulvaney's assertations that this was the best place they could possibly host it in the whole country seem so absurd.
 

Binman4OSU

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Aug 31, 2007
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June prices at the resort this year..$430 per night up to $7,400 per night depending on what rooms you book

There are 643 rooms ....assume they are all booked at the lowest price of $430 per night ...that is $300k + per DAY (this is a multi day event and generally include up to two weeks of security, staffers, support team members prior to the actual event)...just for lodging and doesn't include food drinks etc

This year's France G7 summit has over 13,000 security personnel brought from all the countries involved.....he isn't going to make any profit at all ??!!
 

Binman4OSU

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Aug 31, 2007
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#8
The location avg 28% capacity per day in June this year. Next year almost every day of June is pretty much guaranteed now to operate at 100% capacity every day leading up to and preparing for this event. There is almost virtually no way the Hotel could NOT turn a profit unless Trump donates all of it somewhere.

However, he will still benefit from brand recognition, free marketing, etc which is still benefiting even if he donates the profits
 

Binman4OSU

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#9
Hell Oklahoma State estimates it receives $2 million + in free marketing and advertising the school just because of Gundy's mullet and yet we are somehow supposed to believe Trump will not benefit from this???
 
Sep 29, 2011
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#11
June prices at the resort this year..$430 per night up to $7,400 per night depending on what rooms you book

There are 643 rooms ....assume they are all booked at the lowest price of $430 per night ...that is $300k + per DAY (this is a multi day event and generally include up to two weeks of security, staffers, support team members prior to the actual event)...just for lodging and doesn't include food drinks etc

This year's France G7 summit has over 13,000 security personnel brought from all the countries involved.....he isn't going to make any profit at all ??!!
Please provide your source for:
A. The amount each room will be charged
B. The total expenses incurred by the resort for the event.

The admin has said the event will be non-profit. If you’re claiming otherwise, give us the facts.


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Pokey

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Sep 13, 2013
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#13
Since any other resort would make a hefty profit, isn’t Trump doing every nation, including the US a favor by reducing the cost for each delegation?


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Really, what a great and wonderful thing for Trump to do. Give the world Trivago prices. What a nice idea. You the man Donnie ! Sarcasm
 
Dec 9, 2013
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#16
Since any other resort would make a hefty profit, isn’t Trump doing every nation, including the US a favor by reducing the cost for each delegation?


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Trump team was smart to phrase the announcement “at cost”. Gets him around that part of the constitution and if proven true not impeachable.

Also does that mean he can charge US Govt who attend market rates & all of the journalists and peripheral personnel (non government) whatever he wants? I’m not assuming any of them stay there bc I don’t know but they have to enter the “resort” and they have to eat and drink.

Who pays for all of the “necessary upgrades” and security upgrades that become permanent.
 
Sep 29, 2011
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#18
Since any other resort would make a hefty profit, isn’t Trump doing every nation, including the US a favor by reducing the cost for each delegation?


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Trump team was smart to phrase the announcement “at cost”. Gets him around that part of the constitution and if proven true not impeachable.

Also does that mean he can charge US Govt who attend market rates & all of the journalists and peripheral personnel (non government) whatever he wants? I’m not assuming any of them stay there bc I don’t know but they have to enter the “resort” and they have to eat and drink.

Who pays for all of the “necessary upgrades” and security upgrades that become permanent.
So you’re worried about what Trump might make on the deal, all the while he’s taking no salary.

It’s really simple. They’ll escrow all receipts while they accumulate all costs. Once there’s a complete accounting, they’ll either donate or refund any excess.

You Dems and the media are complete mental midgets at times.


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OrangeFan69

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#19
Please provide your source for:
A. The amount each room will be charged
B. The total expenses incurred by the resort for the event.

The admin has said the event will be non-profit. If you’re claiming otherwise, give us the facts.


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I don't think Donald Trump is the best person to define what non-profit entails.

I don't know anyone who's been such a grifter that their children are banned from being involved with charities.
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https://www.reuters.com/article/us-...r-deal-with-ny-attorney-general-idUSKBN1OH1TH

POLITICS
DECEMBER 18, 2018 / 8:27 AM / 10 MONTHS AGO
Trump charity to dissolve under deal with N.Y. attorney general

Brendan Pierson
3 MIN READ

(Reuters) - U.S. President Donald Trump’s namesake charitable foundation has agreed to dissolve under court supervision, partially resolving a New York state lawsuit claiming he misused it to advance his 2016 presidential campaign and his businesses, the state attorney general said on Tuesday.

The lawsuit against the Donald J. Trump Foundation also seeks to recoup $2.8 million and ban Trump and his three eldest children from leadership roles in any other New York charity.


The agreement, which must be approved by a New York state judge, would give state Attorney General Barbara Underwood the power to vet the charities that receive the foundation’s remaining assets.

Underwood said in a statement that the foundation had served as “little more than a checkbook to serve Mr. Trump’s business and political interests,” and called the agreement “an important victory for the rule of law.”


Alan Futerfas, a lawyer for the Trumps, responded in a statement that the lawsuit had delayed the foundation’s plan to dissolve after Trump won the U.S. presidential election in November 2016.

He added that over the past decade, the foundation had distributed about $19 million, including $8.25 million of Trump’s personal money, to over 700 charitable organizations.

Trump, a Republican, has previously said on Twitter that Underwood’s lawsuit was a concoction by “sleazy New York Democrats.” In their motion to dismiss the case, the Trumps said it reflected Underwood’s “pervasive bias” against them.

The new agreement came less than a month after Justice Saliann Scarpulla of the New York State Supreme Court in Manhattan rejected the motion to dismiss.

The motion had argued that the U.S. Constitution immunized Trump from Underwood’s claims alleging breach of fiduciary duty, improper self-dealing, and misuse of assets belonging to the Foundation.

Underwood sued Trump and his adult children Donald Jr., Eric and Ivanka on June 14, after a 21-month probe that she said uncovered “extensive unlawful political coordination” between the foundation and Trump’s campaign.

Underwood alleged, among other things, that Trump wrongly ceded control to his campaign of about $2.8 million donated to the foundation in a 2016 Iowa fundraiser for military veterans. Other challenged expenses included $100,000 to settle a dispute involving Trump’s Mar-a-Lago resort, and $10,000 for a portrait of Trump that was later hung at one of his golf clubs.
 
Nov 26, 2006
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#20
It's been said that is for no profit. What is wrong with that? The optics dont look great or legal if he made a profit. If he is making no profit that would me it's less expensive. Where is the problem with that?
Wow, I really didn't think the discussion would go this route. Profit, free publicity, the ability to break even for a month with a property that has lost 70% of its profit margin since Trump became president, a write off on taxes... He is helping himself financially with this deal no matter how you want to frame it.

And this isn't covering his other properties internationally that he has housed military personnel and other foreign diplomats. If you really need me to bring up articles on his DC hotel, or Scottish property, let me know, but I never thought there would be so much push back on the obvious fact that he has benefitted personally on these transactions.

But that really wasn't the point of this thread. What I wanted to know is how do you feel about the president (any president) making money off his position of power while in office? For example, some people feel it is a liability, because foreign nationals can try to buy favor with Trump, by using his resorts for conferences or other meetings. What are your thoughts on that?