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yortsed snacilbuper

(7,939 posts)
Wed Mar 25, 2020, 10:13 AM Mar 2020

trump businesses barred from getting coronavirus stimulus money, Schumer says

Trump's businesses are barred from getting loans or investments under the new $2 trillion coronavirus stimulus deal, according to Senate Minority Leader Chuck Schumer.


The Trump Organization, which the president has not divested, is run by his two elder sons, Donald Jr. and Eric. The company controls several hotels, resorts and golf clubs, including Mar-a-Lago in Palm Beach, Florida. The resort closed last week, during its peak season.

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trump businesses barred from getting coronavirus stimulus money, Schumer says (Original Post) yortsed snacilbuper Mar 2020 OP
Good! In_The_Wind Mar 2020 #1
I Think People Are, Soon, Going To Find Out... jayfish Mar 2020 #2
or a rambling veto threat..... n/t getagrip_already Mar 2020 #4
They must read du! ;) getagrip_already Mar 2020 #3
MSNBC's Joe Scarborough calls for Congress to bail out Trump properties -- for one alarming reason Javaman Mar 2020 #5
Initial reaction: We can't bargain with terrorists Lulu KC Mar 2020 #6
I would almost see this point, logosoco Mar 2020 #7
why pay the amoral pig's extortion. Thomas Hurt Mar 2020 #12
How did the Russians, I mean, rePuticans, I mean, reThugs... in congress approve this? ffr Mar 2020 #8
He controls who gets the money, he will just give it to himself and hide it like always. lark Mar 2020 #9
Yeah, since when does the Tangeranus pay any attention to the law? Hugin Mar 2020 #10
Force Him To Resign To Get The Money..... global1 Mar 2020 #11
Good Yo_Mama_Been_Loggin Mar 2020 #13
Poor don, the price of not divesting. spanone Mar 2020 #14
What would happen if Mnuchin shows $5 billion for "anonymous" expenses? kentuck Mar 2020 #15

jayfish

(10,037 posts)
2. I Think People Are, Soon, Going To Find Out...
Wed Mar 25, 2020, 10:16 AM
Mar 2020

how much of a hit "Dear Leader" is willing to take for the team. He's probably composing a well-thought-out tweet right now.

getagrip_already

(14,647 posts)
3. They must read du! ;)
Wed Mar 25, 2020, 10:17 AM
Mar 2020

This was brought up in several threads. It makes perfect sense since it is so clearly a conflict of interest.

I fear it will easily be circumvented through third party shill companies and kickbacks from friendly business owners, but at least it cuts off the most obvious paths.

Then some introverted financial forensic investigator can follow money.

Javaman

(62,504 posts)
5. MSNBC's Joe Scarborough calls for Congress to bail out Trump properties -- for one alarming reason
Wed Mar 25, 2020, 10:26 AM
Mar 2020

-he actually makes a good point...

https://www.rawstory.com/2020/03/msnbcs-joe-scarborough-calls-for-congress-to-bail-out-trump-properties-for-one-alarming-reason/

“I think if the Senate hasn’t completed writing this bill,” Scarborough said, “I think it’s extraordinarily important for the health of this nation, and I just got a note, I’ve been worried about this all night and I just got a note from an ambassador who has the same concerns, it’s extraordinarily important that Donald Trump’s own companies are not exempted from this bill, from this relief because by exempting Donald Trump’s companies, you give him the worst incentives to reopen this government — or to reopen this country quickly.”

Trump surprised many by calling for a quick end to COVID-19 lockdowns, after six of the seven top revenue-producing clubs and hotels were shut down to prevent the spread of the virus.

“Donald Trump, as I said earlier, he makes decisions based on his bottom line,” Scarborough said. “It’s always been that way. By exempting Donald Trump and his businesses from getting relief, what you are doing is you’re actually encouraging him to make rash decisions that are going to hurt America, and since we have a five-person panel to make sure that this isn’t a slush fund, don’t you think the wisest move, the most prudent move, and, yes, I will say this, the fairest move that the Senate can make is to let Donald Trump and his companies get the same relief that every other business in their position will be getting?”

“The same holds true for the senators, for the congressmen and women, and for other leaders, they should be treated no better than everybody else, but should be treated the same as every other business owner,” he added.

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that's all there was to the story...

logosoco

(3,208 posts)
7. I would almost see this point,
Wed Mar 25, 2020, 10:31 AM
Mar 2020

but hasn't trump and family been getting quite a profit from funneling money from the Secret service detail being at his properties these past three+ years? Other businesses did not get any of that as they would with presidents who do not own hotels.

They have been skimming from the tax payers for too long. I realize there is no limit to their greed, but that is pushing it.

ffr

(22,665 posts)
8. How did the Russians, I mean, rePuticans, I mean, reThugs... in congress approve this?
Wed Mar 25, 2020, 10:35 AM
Mar 2020

Oh, they got bitch slapped by the acting president.

lark

(23,065 posts)
9. He controls who gets the money, he will just give it to himself and hide it like always.
Wed Mar 25, 2020, 10:39 AM
Mar 2020

This will be no different than any of his other grifting, only larger. He always hides what he's really doing and I'd bet big money the so-called transparency is pure BS. You can't trust drumpf and certainly not with $500 billion.

Hugin

(33,059 posts)
10. Yeah, since when does the Tangeranus pay any attention to the law?
Wed Mar 25, 2020, 10:42 AM
Mar 2020

With Barr in there he'll find some way to pocket a large part of that money and hand the rest to his sycophantic cronies.

And, Putin's Mitch will back the Liposuction Clinic Dumpster's right to do it. Because, you see... His re-election is in the Nation's best interest as he sees it.

There is no law. Except, the laws of nature. Which indicate strongly this isn't going to end well for the American people.

"Nice little country you've got going here. It would be a shame if something were to happen to it." Indeed.

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