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Old 11-25-2017, 10:52 AM
 
Location: Arizona
13,778 posts, read 9,620,344 times
Reputation: 7485

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Quote:
Originally Posted by wrecking ball View Post
i definitely think the brand is dead with the luxury market. will be curious to see if he reinvents the brand for lower income markets.
Probably apply for section 8 certification on his properties.............Oh wait, Eric and Jared already got the section 8 certifications for their properties locked up.
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Old 11-25-2017, 10:53 AM
 
Location: The Land Mass Between NOLA and Mobile, AL
1,796 posts, read 1,654,940 times
Reputation: 1411
Quote:
Originally Posted by TreeBeard View Post
Not to worry. Trump has a great safety valve. It is called the American Taxpayer.

Trump has sent 35 of his 45 weeks or so at a Trump owned property.

Each visit costs the taxpayer up to $3,000,000.00.

Do think DT would give the taxpayer a break? Hell no.

Trump is the perfect conservative taker. His empire is under stress (again), so he leverages the presidency to help bail out his failing company while also cutting taxes for himself and putting the expense and cost all the backs of the middle class while his supporters cheer him on.

The perfect con.
You said it well, TreeBeard. My question would be, "when will the rest of them wake up?"
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Old 11-25-2017, 10:55 AM
 
26,543 posts, read 14,358,342 times
Reputation: 7401
Quote:
Originally Posted by Ultor View Post
The buildings owners, CIM Group, will pay Trump millions $$$ to buy him out (so they can sell the building)...
yep, it's a short-term gain but a definite coffin nail for future branding and ultimately larger profits.
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Old 11-25-2017, 10:56 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,285 posts, read 54,094,268 times
Reputation: 40586
Quote:
Originally Posted by Ultor View Post
The buildings owners, CIM Group, will pay Trump millions $$$ to buy him out (so they can sell the building)... wish I could lose like that a little more often.

Source?
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Old 11-25-2017, 11:04 AM
 
8,058 posts, read 3,917,109 times
Reputation: 5342
Quote:
Originally Posted by burdell View Post
Source?
Bloomberg. The last such buyout netted Trump over $6 million:

Trump Organization Bought Out of Its Contract for Trump SoHo
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Old 11-25-2017, 11:11 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,285 posts, read 54,094,268 times
Reputation: 40586
Quote:
Originally Posted by Ultor View Post
Bloomberg. The last such buyout netted Trump over $6 million:

Trump Organization Bought Out of Its Contract for Trump SoHo

Thanks!

Kind of ironic the article states " according to a person with knowledge of the matter ", the kind of unnamed source Trump would generally label as 'Fake News!'.
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Old 11-25-2017, 11:11 AM
 
Location: *
13,242 posts, read 4,881,729 times
Reputation: 3461
Quote:
Originally Posted by TreeBeard View Post
Not to worry. Trump has a great safety valve. It is called the American Taxpayer.

Trump has sent 35 of his 45 weeks or so at a Trump owned property.

Each visit costs the taxpayer up to $3,000,000.00.

Do think DT would give the taxpayer a break? Hell no.

Trump is the perfect conservative taker. His empire is under stress (again), so he leverages the presidency to help bail out his failing company while also cutting taxes for himself and putting the expense and cost all the backs of the middle class while his supporters cheer him on.

The perfect con.
After all that was the principle taught at his fraudulent 'Trump University' ~ using 'OPM' ~ Using Other People's Money.
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Old 11-25-2017, 11:12 AM
 
8,058 posts, read 3,917,109 times
Reputation: 5342
Quote:
Originally Posted by wrecking ball View Post
yep, it's a short-term gain but a definite coffin nail for future branding and ultimately larger profits.

Not really. When CIM Group sells the building, Trump will still get his back-end cut too.
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Old 11-25-2017, 11:16 AM
 
26,543 posts, read 14,358,342 times
Reputation: 7401
Quote:
Originally Posted by Ultor View Post
Not really. When CIM Group sells the building, Trump will still get his back-end cut too.
possibly ( i don't know the specifics ) but again, this is an individual deal that will greatly affect future opportunities at selling the brand. again, some short-term gain but ultimately a long-term loss.
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Old 11-25-2017, 11:18 AM
 
Location: Arizona
13,778 posts, read 9,620,344 times
Reputation: 7485
Quote:
Originally Posted by burdell View Post
Thanks!

Kind of ironic the article states " according to a person with knowledge of the matter ", the kind of unnamed source Trump would generally label as 'Fake News!'.
But it makes sense when you think about the deals Trump makes.

Cost 10 million to use the Trump name.

Cost 20 million to stop using Trump's name.
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