Categories
Business Donald Trump

Is The Trump Organization On The Verge Of Financial Collapse?

When he first announced he was running for president back in 2015, Donald Trump promised he’d run the United States the way he ran his business and every American would prosper as a result.

Six years later, however, the U.S. is in a deep economic recession and reeling from Trump’s failure to properly deal with the coronavirus pandemic, both of which led to him being consigned to history as a failed, one-term president.

And, six years later, the Trump Organization is quickly going broke, with CBS News reporting that four of Trump’s top money-earning properties in New York City are ailing financially:

“Last year marked the fifth year in a row in which the four most prominent Trump-owned buildings in Manhattan, including the Fifth Avenue Trump Tower made famous by ‘The Apprentice’ TV show, missed lenders’ earnings expectations, according to a CBS MoneyWatch review of publicly available documents. 

“Wells Fargo and other banks have told investors who have funded Trump’s loans that an income slump due in part to the ‘COVID-19 global pandemic‘ means the buildings might not generate enough cash to cover their mortgage payments, according to banker notes to investors reviewed by CBS MoneyWatch. ‘The loan is being monitored,’ said a note to investors in one CMBS deal tied to a Trump property from a unit of PNC Bank that services commercial mortgages.”

These latest developments regarding the Trump Organization are not unexpected. Last year, The Economic Times reported that Trump’s business was in big trouble:

“Like other hotels around the world, Trump’s have been forced to lay off most workers — and face the fact that the $435 million in revenues that the Trump Organization reported in 2018 is likely to plummet this year.”

Trump’s legal problems could also spell doom for his company, which is run by him and hit three eldest children, Don Jr., Ivanka, and Eric:

“Beyond the four buildings’ marketplace challenges, their financing could also pose a legal risk for Trump. New York City prosecutors have obtained millions of pages of Trump’s tax records and related correspondence as part of an ongoing criminal probe into his financial deals. Sources with knowledge of the investigation tell CBS News that prosecutors are reviewing financial documents involving the four Manhattan buildings. Subpoenas indicate the prosecutors are also scrutinizing at least one other Trump property in suburban Bedford, New York.”

The Trump Organization is about to go the way of the dinosaurs. Don’t be surprised if it collapses entirely within the next six months.

 

Categories
Elections GOP GOP Whining WTF?!

Arizona Republicans Are Looking For ‘Bamboo Fibers’ On Ballots To Prove China Stole The 2020 Election

In their desperate and futile attempt to prove that accused rapist and one-term loser former President Donald Trump actually won the state of Arizona (and the entire 2020 election), Republicans in the Grand Canyon State are now asserting that China stole the vote from Trump and handed it to Joe Biden.

Not crazy enough for you? Well, consider this from Slate:

“On Wednesday, a member of the Arizona election audit team that has been heavily touted by former President Donald Trump revealed that its examination of the 2020 vote in Maricopa County will include a ‘forensic’ analysis of ballots to determine if the paper is made of bamboo—in order to determine whether or not China delivered tens of thousands of fraudulent ballots to tip the state to Joe Biden.”

Yep, truth truly is stranger than fiction. You simply cannot make this shit up!

John Brakey, one of the officials who is “overseeing” the Arizona audit, was the clown who floated the “Asia” theory of what took place last November, remarking:

“There’s accusations that 40,000 ballots were flown in and stuffed into the box and it came from the Southeast part of the world, Asia. And what they’re doing is to find out if there’s bamboo in the paper.”

Bamboo in the paper. He actually said that. Here’s the video for any doubters:

When Brakey was asked the logical follow-up question, Why are you looking for bamboo, he responded:

“People in Southeast Asia…use bamboo in their paper processing. This is part of the mystery that we want to un-gaslight people about.”

Clearly, John Brakey has been sniffing far too much of the gas in the “gaslight” he’s referring to, and it has permanently damaged what little bit of brain matter he had left in his otherwise empty skull.

So this is where we’re at when it comes to the Trump faithful and millions of Republican voters across the United States: If the GOP loses, it must have been because the Democrats cheated. Of course, all evidence suggests that the vast majority of those who commit what little voter fraud there is in the country are card-carrying Republicans. But their cheating doesn’t count because it’s done on behalf of the best interests of the poor, ignorant voters who have no idea which way to mark their ballot.

Truth is now dead among at least half of this country. They killed it and now they want to replace with a conspiracy theory they found in the darkest bowels of the internet.

Maybe we should give these morons their very own “nation” on an abandoned oil derrick out in the Pacific Ocean and let them live in their version of reality instead of running the risk they’ll infect anyone else.

Categories
Coronavirus U.S. Senate

Sherrod Brown Says What We Suspected About Rand Paul: ‘He’s Kind Of A Lunatic’

If we’re being completely honest, we’ve all thought at one time or another that Sen. Rand Paul (R-KY) isn’t quite right.

Now, however, we have confirmation that Paul is indeed off-kilter, and it comes to us courtesy of a colleague of his in the U.S. Senate, Sen. Sherrod Brown (D-OH).

AlterNet reports that during a mass vaccination event in Columbus, Ohio, Brown remarked:

“He’s kind of a lunatic. He thinks he wants to be different, but it doesn’t serve the public interest.”

Just a couple of months ago, Paul clashed with Dr. Anthony Fauci during a Senate hearing on COVID-19. He insisted that it was “theater” for those who were already fully vaccinated to still wear a protective mask. Fauci disagreed and let the senator know just how ignorant he sounded saying such a thing. He also explained why it’s a good idea to wear a mask even after one has been vaccinated:

“The expert immunologist has warned that although the COVID-19 vaccines from Moderna, Pfizer and others offer major protection, it is still possible for someone who has been fully vaccinated to be infected and spread COVID-19 to others — and for that reason, Fauci recommends wearing masks as an added precaution.”

There was also this confrontation between Paul and Fauci back in June of last year:

Did you wonder why there were fewer cases of the flu last year, especially during peak flu season? Because so many of us were wearing masks! Maybe we need to do that every year when it’s flu season if only to save lives. Why does this have to be controversial? We should all be willing to do what’s best for others and not just what makes us feel good. That’s what it means to be a member of a civilized society.

But there’s something more at play here: Rand Paul is a dick. Plain and simple. He knows he is, and he plays it up because he thinks that’s what his constituents want to hear. Maybe he’s right, but he’s still a lunatic and a douchebag.

 

Categories
Congress Social Media WTF?!

Jim Jordan Got Caught In A Massive Lie That Proves Just How Clueless He Is

Ever since the COVID-19 pandemic began, Rep. Jim Jordan (R-OH) has been vehemently opposed to safety precautions and any form of shutdowns, even if doing so would have lives and help control the deadly virus, which has already claimed the lives of over 577,000 Americans.

So it probably shouldn’t come as any surprise that Jordan is harping on making sure schools in the Buckeye State are opened for the academic year, which has already begun in many states.

But four tweets Jordan posted over the past few weeks are downright lies, as his Democratic opponent in the 2022 midterm, Jeff Sites, made sure and pointed out on Monday:

Ohio schools have been open since March, but Jordan is still firing off angry tweets about opening schools? Granted, Jordan isn’t exactly the sharpest knife in the drawer, but a quick Google search would have told him that Ohio students are back in class.

As Sites noted, it certainly seems that Jordan is more interested in getting headlines and airtime on Fox News than actually taking a moment to get to the truth. For Jim Jordan (like so many Republicans), facts are always secondary to propaganda.

Internet karma quickly caught up with Congressman Jordan:

If you’re as sick of Gym Jordan as many of his constituents are, be sure and go to Jeff Sites’ campaign website — sitesforcongress.com — and contribute what you can. The time has come to get rid of liars and frauds like Jordan.

Categories
Social Media U.S. Senate

Ted Cruz Picked A Twitter Fight With Trevor Noah – That Was A BIG Mistake

There are few people in this country who are as widely disliked as Sen. Ted Cruz (R-TX), who has also been called the most hated man in the U.S. Senate.

Despite this knowledge, Cruz seems determined to pick fights with those who can easily make him look like the moronic troglodyte that he is and reinforce his own pathetic ineptitude when it comes to debating.

For example, Ted ran across a clip of “The Daily Show” and saw host Trevor Noah commenting on some of the results from the 2020 Census. Noah zinged Cruz with this line:

“Aside from New York getting screwed, the big news out of the census is that America’s population grew at the slowest rate since the 1930s. Basically, immigration is down and the birth rate is falling, primarily due to this photo.”

Cue a photo of Ted Cruz.

Clearly, Noah is making a joke. That’s kind of his job. But Cruz got his feelings hurt and tweeted a response that came across as pure asshole:

As you’d expect, Noah was equal to the challenge, and he fired off this retort:

Cruz should have left well enough alone. But he just couldn’t:

That’s when former host Jon Stewart joined the fray:

Noah then finished off the Texas Republican:

Game, set, and match, Trevor Noah, with an assist by Jon Stewart.

At last report, Ted Cruz was seen slithering out of his Senate office and heading to the nearest international airport. He was said to be carrying a box of tissues.