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Trump's debts

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    That will be the day! However I doubt it. He got away with "murder" ( Khashokki and Epstein) and may be more. He's been an "mafia" member his whole life as well his Daddy. People like that never will see jail. Unless this country wakes up.
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    One of the regulars on this site once posted "every thing that Trump touches dies", and there is no better example of that than his 757 airplane.

    Trump's personal Boeing 757 was always the crown jewel of his wealth -- the ultimate sign that he had made it. He's used it as a backdrop for sleek photo shoots, campaign rallies, VIP tours, for shots of him eating his Big Macs and KFC, plated, with a knife and fork. Trump loved to show it off -- the customized cream-colored leather seats, gilded bathrooms, the seat buckles layered in 24-karat gold.

    But today it sits idle on an airport ramp in Orange County, New York, about 60 miles north of Manhattan.

    One engine is missing parts. The other is shrink-wrapped in plastic. The cost to fix and get it flyable could reach well into the high six-figures, a price-tag Trump doesn't appear to be dealing with right now. Though the current state of his finances aren't public, the Covid-19 pandemic has taken a toll on the hospitality industry home to so many of his businesses.

    But, like many Trump accoutrements crafted for the purpose of marketing, the reality of the giant jet was different behind the scenes. It was a money suck, a plane past its prime with decaying mechanics and exorbitant storage fees.

    "Flying that thing was so expensive," says the former senior official. "I don't think people realized that just to get it up in the air and make one stop was literally tens of thousands of dollars."

    The cost to fly a Boeing 757 is about $15,000 to $18,000 per hour, according to CNN aviation analyst David Soucie. But that's when the plane can actually fly. Trump's 757 is nowhere near flight ready, according to an experienced pilot who saw it this week. The source declined to be identified.

    Before Trump purchased it from Paul Allen, the plane served as a commercial airliner in Mexico in the 1990s, according to a 2016 Times story on the plane.

    "If the wear is serious, that could lead to replacing the engine and that could cost up to a million dollars".

    The pricey extravagance of the jet may now be too much for Trump's finances to handle. His net worth has taken a tumble over the last few years. Trump is personally liable for debts and loans totaling $421 million, according to the New York Times reporting. Most of that debt comes due in the next four years. Some of his best-known business ventures report losing millions, if not tens of millions, of dollars year after year, according to the Times. That includes golf courses that have racked up at least $315 million in losses over the past two decades. The Trump Organization did not respond to requests for comment.

    A Bloomberg News report this week estimates that Trump's net worth has fallen by $700 million since February 2016, from $3 billion to $2.3 billion.

    The 2013 Trump-sanctioned documentary about the plane says Trump paid $100 million for it. Even if he paid far less than that, similar 757's are currently up for sale at a market price of about $7 million - $10 million.

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    Yes like I said "everything Trump touches dies" that should by now also mean that the Trump Party is in the waiting room in the hospital. Let's hope that the Trump "virus" in their brains also ends over a while. In the meantime the guy just about managed to get Cuomo out as well helped to create an greater mess at the border. Let alone managed to get after the "blacks" also the "Asians" totally upset. Sorry people Trump is an decease as bad as any "virus". Lock him up please and throw away the keys.
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    There is a book by that name by conservative Rick Wilson and even before I read the book it I used the analogy that Trump is cancer in human form. Cancer, but definition, is only able to survive and thrive through the destruction\killing of healthy cells. Trump has operated that way his entire adult life, he uses, abuses, and takes advantage of people, places, and things until they are destroyed, or they manage to get beyond of his reach. It is who he is, it is what he does best. He does not know how to help people or build things, which is what a true leader does. Trump has zero leadership skills or leadership abilities, and he doesn't even have any true skills at destroying things, he destroys things by convincing others to, more-or-less, destroy themselves to his benefit.

    The key to Trump's future downfall will be that he becomes more an isolated, even to the point where his family will decide to save themselves rather than destroy themselves for him (ie go to jail for him, go bankrupt for him, etc). If he is lucky, he will die in his sleep very soon otherwise at some point he'll be living all alone at Mar-o-largo, shut down, falling apart, in foreclosure, and be under federal indictment waiting for trail by a court appointed attorney because he is bankrupt.

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    It's astounding the number of lawsuits Trump has been involved in his entire business life and political life. Somehow he seems to be "untouchable" because nothing ever happens...delay, delay, delay seems to be his MO until the clock runs out. Now he has some 35-40 percent of the population as avid believers...the "cult of Trump", and if ever he went before a jury in a trial, those cult members will never ever vote to convict. All it takes is one for a hung jury...that's all he wants. Just one juror.

    On top of that there is the mob tactics of intimidation of witnesses and potential jurors. He'll let the word out that the jury is biased against him and somehow a mob will show up at a juror's doorstep. That's what a mob boss does.

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    A visit by former President Donald Trump to the southern border of Texas has been announced for the end of this month, and before the ex-commander-in-chief makes that publicity-oriented stop, El Paso County Judge Ricardo Samaniego is calling for the Trump campaign to finally pay a large debt that it owes to the city of El Paso. (In Texas, chief administrative officers for counties are known as “county judges.”)

    The debt totals around $570,000 and stems from a rally that Trump held at the El Paso County Coliseum on February 11, 2019. The money covers costs associated with security and similar services that local authorities provided for the event, and so far, the Trump team has not offered up any compensation at all to cover the expenses. As Samaniego put it, local authorities “have been trying to reach out to get that $570,000 from when he had his campaign” rally in El Paso all the way back in 2019, to no avail. The official added that if Texas Republican Governor Greg Abbott “helps us collect the $570,000 that Trump owes from when he was here on his campaign that would be real nice.”

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    All of this only shows that this country has nothing learned yet from the past. Abbott is an huge criminal and because he's in a wheelchair he takes revenge on the whole world; if Abbott even "smells" that money he will pocket it himself. He's even worse than his buddy Trump. It is time that the Federal Government "acts" as an real "oversight" related to the individual States. Texas is absolutely just like an "individual" country on itself. Therefore all the States should conform to "norms" dictated by the Fed's, but that is no longer the case or ever was. Biden should show some "backbone" about who is in charge. I suggest in the "future" that certain rules should be made that people like Abbott never can be appointed for Governor in any States. The way things are going right now this will stay an "uncontrolled sand dune" of 50 States who just do whatever they like, without any "central" control over them.
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    May be an image of 2 people and text that says 'LEGENDARY NEW YORK MAFIA PROSECUTOR: TRUMP ORGANIZATION IS TOAST!

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    It is wait and see. In the history of this country it never has happened that an President ended up in jail. So I'm convinced that nothing like that will happen. They don't call him "teflon" Don for nothing. The way the "system" here works is mostly a lot of "bravour" and then slowly but surely nothing at all. The "system" here protects the rich and "powerful" as always.

    Goldman is an smart guy, but also will be intimidated by the same people who got Trump in the saddle.

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    The COVID epidemic has hit Trump's businesses hard.

    As a result, he is in advanced talks to sell rights to his Trump International Hotel in D.C, where revenue has dropped.

    The Trump named will be removed from the hotel, and it will be rebranded.

    Trump acquired the hotel that’s housed in the historic Old Post Office building three years before he started his one and only term in the US White House, via a 60-year lease between the federal landlord, the General Services Administration (GSA), and the Trump Organization.

    deal on the hotel’s lease is now apparently in the works — though the potential purchaser has not been revealed — but Axios notes, “Sources said the former president is likely to get less than the $500 million he was reportedly seeking in 2019.”

    When Trump left office, The Washington Post reported that the D.C. hotel had a $170 million loan outstanding, and had seen revenue drop more than 60 percent compared to the previous year.

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    Hasn't hit him or his entities hard enough, I'll be dancing in the streets when I see him either in a soup line begging, or even better, behind prison walls.