Cancellations at Trump properties mean he's "potentially out anywhere from $2.1 to $4.3 million"

[Miles Archer]

NOTE: You will see an obvious typo in the Raw Story article below, which I fixed in my thread title but left intact in the article.

Trump’s inability to distance himself from white supremacists is costing him millions

http://www.rawstory.com/2017/08/revealed-trumps-inability-to-distance-himself-from-white-supremacists-is-costing-him-millions/

On Thursday, the Bethesda Hospital Group canceled a luncheon at Trump’s Mar-a-Lago resort in Palm Beach, FL, making it the 18th group to cancel an event at a Trump property.

According to Share Blue Media, since Trump badly bungled the administration’s response to white supremacists who marched on Charlottesville, VA and killed 32-year-old Heather Heyer, charities have been pulling out of hosting their events at his properties in a veritable stampede.

“A week ago, the renowned Cleveland Clinic announced it was canceling its 2018 fundraiser at Mar-a-Lago, and The Washington Post reports that the number of charities that have abandoned Trump is now 17, all coming after Trump described white supremacists and neo-Nazis as ‘fine people,’” wrote Oliver Willis, who filed before news broke about the Bethesda group.

With groups routinely forking over $125,000 to $275,000 to host a gala at the so-called “Winter White House” and other Trump resorts and properties, the president is potentially out anywhere from $2.1 dollars to $4.3 million.

[cilla4progress]

1. Good, because we know

he only ran for ego and money.

[leftstreet]

2. LOLOL He'll hate that! n/t

[Miles Archer]

5. Have you ever seen this?

The Trump Files: The Easiest 13 Cents He Ever Made

http://www.motherjones.com/politics/2016/08/trump-files-spy-magazine-prank/

Spy correspondent Julius Lowenthal wanted to know just how cheap some of the city’s richest figures were. So he set up a company, called the National Refund Clearinghouse, and sent letters with checks for $1.11 enclosed, “for services that you were overcharged for.” The letters went out to 58 “well-known, well-heeled Americans,” 26 of whom promptly cashed them. Curious as to how low they might go, Lowenthal sent those 26 “nabobs” a second refund check, for $0.64. This time, 13 people cashed them.

Finally, he sent those 13 respondents a check for $0.13. This time, only two people cashed the check. One was an arms dealer. The other was Donald Trump, whom the magazine identified as a “demibillionaire casino operator and adulturer.”

Nick Bilton?Verified account
@nickbilton

In 1990, Spy sent 13-cent checks to the world's richest people. Only two cashed them: an arms dealer & Donald Trump.

[brooklynite]

22. I think there's less here than meets the eye...

...people like Donald Trump don't do their own banking; they have someone process their mail and any checks are probably deposited in bulk.

[Lochloosa]

25. I agree. Red Herring.

[orangecrush]

30. Thank you

This actually made my day!

[MrPurple]

34. Michael Moore did a funnier prank with checks

http://articles.latimes.com/1996-09-21/news/mn-46052_1_political-action

I agree that cashing these doesn't mean much - a pretty automated function.

[wryter2000]

3. I wonder

if this will be what finally gets him to resign. Losing money.

[OriginalGeek]

4. It's a start

I hope he goes broke.

[CrispyQ]

6. Maybe he can make it up with more SS golf cart rentals.

I can't believe the taxpayers have to pay for that shit!

[Bettie]

7. He probably makes more than that

on the golf cart rentals and room rentals for the Secret Service.

[JI7]

8. How about the money he makes off the secret service ?

[lpbk2713]

9. Those health code violations could have had something to do with it too.

"Come for the filth. Stay for the salmonella."

Link: http://www.miamiherald.com/entertainment/restaurants/article144261894.html

[HopeAgain]

10. I heard the Trump Hotel in Washington is doing well

Presidential favors don't come cheap.

[hunter]

11. I'm sure he'll make up the loss by forcing government agencies to spend money at his properties.

Illegal and unethical, but Trump doesn't give a shit, and the morons who still support him will swoon when he tells them how he's a fantastic businessman who is actually saving them money.

[Dave Starsky]

14. It's peanuts compared to the laundering deals...

And other sweetheart arrangements his sprogs are frantically setting up behind the scenes. Emoluments Clause, my ass.

[hunter]

19. It's not peanuts to a man who will cash a thirteen cent check.

(see above)

[Dave Starsky]

23. He IS a cheap bastard.

But he knows that this gig is making him geometrically more money than what he is losing by pissing people off. Remember that he chose not to take a salary for this job; he didn't do that out of the kindness of his loving heart.

[MyOwnPeace]

26. I was going to suggest the same..........

he'll just book more "President business" there! They'll make it up just by Secret Service alone!

[FSogol]

12. I'm sure Kuwait, UAE, and Saudi Arabia will rush in with cash to curry favor.

See Trump Hotel, Washington, DC.

[bearsfootball516]

13. I probably would have cashed all of them as well. LOL.

One common trait a lot of rich people have is that they're penny pinches, even after they've become rich.

[Dave Starsky]

15. When you're dealing with Trump...

You cash any check you can get and just pray that the damn things don't bounce.

I'm sure he feels the same way about everyone else in the world.

[keithbvadu2]

32. Shoulda sent a 13 cent check that would bounce and cost him $25?

Not nice.

[hurple]

16. they're forgetting

How he skims from these events, so it's more likely he's out $21 to $43 million.

[ksoze]

17. $2-$4 mil is like pennies to him. Spends that much on hair spray each week.

[Demtexan]

18. It is more then money.

It is people walking away from his name.

[Dave Starsky]

24. He has absolutely destroyed his brand.

That was the ONLY thing he had. That is what he spent a career of bullshit building.

And this is why he will not leave office until he is dragged--literally kicking and screaming--from it.

[stuffmatters]

31. Yes. Naomi Klein's strategy of "Destroy Trump's Brand" to get him to resign is smart.

Every time his brand is publicly exposed,disgraced, shunned it hits him in both his Pocketbook and his Ego. Nothing embarrasses this rich egomaniac but the endangerment of his brand, that's his pride and his fortune.

[brooklynite]

20. No more Govt. rate for the Secret Service?

[Kleveland]

21. Hit him in the pocket book....

Sweet payback.

[Fla Dem]

27. Probably a drop in the bucket for his family. Bigger hit to his vanity and ego. nt

[WinkyDink]

28. Ivanka CANNOT be happy about the brand right now! :-)

[George II]

29. Not enough, add a few zeroes to the number and I'll be happy.

[Wounded Bear]

33. Is that all?

Shit, I was hoping for far more.