More Signs That Trump Is Broke: He Is Selling His DC Hotel

[LetMyPeopleVote]

If TFG thought that he was going to win in 2024, TFG would not be selling this hotel

Link to tweet

[gab13by13]

1. Who would buy it?

Oh yeah, Pootie.

[Marius25]

36. Probably a lot of people actually.

The building is iconic in DC, and I could see someone buying it to restore it to its original glory, and not the dump Trump turned it into.

[bottomofthehill]

42. He does not own it. He leases it from GSA

The Federal Government owned the building. The lease should have been terminated as stipulated in the lease as soon as he was elected President.

[lagomorph777]

57. Yeah; I don't get how he can sell it. Is he selling off all the brass-plated schmaltz?

Who would want that crap anyway? The place will have to be gutted again to restore it to any kind of elegance.

[Deep State Witch]

2. Been Trying For A While

He's been trying to offload it for a while now, but nobody wants it. His brand is toxic, AND it's a National Historical Landmark (The Old Post Office). Of course, he didn't pay his contractors, so whoever is stuck with it may get sued for back wages.

[Hugh_Lebowski]

6. Not sure his brand matters, whoever buys it can call it whatever they want

Just saying

[jmowreader]

11. It's going to take some serious remodeling...

...to get that place to not look like a Trump hotel.

[NJCher]

21. it's going to take some serious sage

to burn off the TFG presence on that property. Not to mention all his creepy children and in-laws.

[jmowreader]

32. I think we're way past sage on this one

We're up to butyl mercaptan, folks.

Naturally, after they purge the Trump corruption from the building using butyl mercaptan (it smells like a skunk, but skunk spray doesn't contain this chemical), they'll have to purge the smell of butyl mercaptan from the building. I believe getting rid of the stench will be easier than getting rid of the Trumps.

[Dakota Flint]

38. It will take at least a young priest and an old priest.

[malaise]

3. NO - that's the sign that he knows he will never be president again

and he is not ever running again.

[Chellee]

12. Precisely. Thank you.

Because he would want a 'grift central' if he thought that he was going to be spending any time in DC. This is comforting, that he's trying to sell this hotel.

[malaise]

16. It wasn't just a grift center

It was where he could meet his goons in private with no public records - same as Florida. New Jersey and New York.

[malaise]

17. It wasn't just a grift center

It was where he could meet his goons in private with no public records - same as Florida. New Jersey and New York.

[malaise]

50. Love the 1z

How are you doing my friend?

[Marius25]

37. He could always buy another building if he won again.

Not sure that definitely proves he's not running.

[Laura PourMeADrink]

27. Might be good if he did. JHC he lost before 1-6! How

could we get a more damaged opponent?

[malaise]

33. He's just bad news period

Hope he croaks before we get there

[Laura PourMeADrink]

47. Lol

[magicarpet]

4. He has some mega balloon payments coming due in the next year on his huge loans.

After his many bankruptcies his bankers making his loans required personal assets be put up as collateral against the value of the loans. If he misses his balloon payments when they become due his house of cards will be wiped out like it was hit by a category seven hurricane, a #7 earthquake, and a 70 foot ocean wave tsunami all at once.

He can not miss his up coming loan repayment schedules or he is liquidated absent any chance for negotiation.

[NJCher]

24. I liked this post so much

I read it three times.

Oh how I would love to see that!

I saw a headline (didn't read the story) about Andrew Cuomo tonight. Said he was alone and had no friends. This is the kind of thing I would like to see written about trump. I would like it if he had no home and had to look for an apartment somewhere.

[HighFired49]

46. or a cardboard box!

nt

[SergeStorms]

31. He'll hit his cult up again...

two, three or more times if he can't sell it.

He's been trying to sell it for almost two years now, but he's asking WAAAAY too much for it, of course. He'll get much less for it now than he would have last year.

He still has all that money from his former grifts as well, which adds up to almost $150 million, if I'm not mistaken.

Trump will get the money from somewhere, he always does. He's never been held responsible for any of his fuck-ups (and there have been so many) so I can't see it happening now.

If Melanie was smart she'd divorce him now.

[multigraincracker]

49. $150 million, he spends more than that on

his hair and diapers.

[smirkymonkey]

40. +1000

[magicarpet]

52. Video explains,....

https://www.democraticunderground.com/1017679398

[Deuxcents]

5. Ty for this..

After a few deep breaths.. I’m all smiles

[MyOwnPeace]

7. The 'HOTEL' was all part of his grift........

Look at how many foreign dignitaries stayed there - sucking up to him by providing $$$$ to his 'corporation.'
There was a report earlier that one of our "Foreign Service" employees (AKA: Ambassadors), one that had won a bidding contest for the job, was directing all of Canada's business be directed to that hotel.
It WAS a serious part of the SCAM that TFG ran on this country - just like paying him to take 'time off' at his own resorts, and charging the USA to provide housing for his SS agents - and all of THAT money went to HIM - and NOBODY has done shit about it!

[spooky3]

9. Exactly. And he continues the scam with his PAC paying $250000+ for mostly unused space.

https://www.businessinsider.com/trump-advanced-talks-sell-leasing-rights-washington-dc-hotel-2021-9

[SergeStorms]

34. He does that with Trump Tower...

in NYC as well. Supposedly his tenants - those which he has remaining - aren't paying their rent, and can't be evicted because of the temporary suspension on evicting tenants ( which is now over). In essence, he's been living off his PAC and using the money he grifted from his cult. Don the con is still at it. You'd think his cult would get a little sick of handing over their money to this snake handling grifter, but they continue to pile abuse upon themselves. I think there's a lot of self-loathing going on with that bunch of dick-warts too.

[Tree Lady]

23. I just can't believe it is legal

To make money during the time you are president, of course countries to earn favor will buy your goods or services.

[MyOwnPeace]

55. I'm pretty sure it is NOT!

However, the RepubliQans were getting their pockets and campaign funds stuffed and they had NO reason to try to stop the grift.

[spooky3]

8. Not to split hairs, but he doesn't own the building. He is leasing it

and then subleases it to tenants, most of whom no longer pay. So I guess he is trying to sell leasing rights. But during the pandemic, those would probably be hard to sell even if it weren't Trump.

Just another example of Trump's failed business dealings...

[IronLionZion]

10. Sounds like he won't be running for president again

since the hotel was a great way to accept bribes in violation of the Emoluments clause in the constitution.

[MyOwnPeace]

15. 'The Emoluments Clause' argument......

is one that I've been screaming about for the past 4 years - and NOBODY (yes, RepubliQans, Dumbocrats, and the courts) seem to care a damned thing about it! It was such an obvious scam that a 5th grader could get an 'A' for his paper on a study of the 'Clause!'

There were SO many scams that he was running:
*We paid him to go to his places and paid for him to stay there!
*We paid for his secret service people to stay there - they received NO 'discount' - the profit was HIS!
*We paid security for 'Uday and Qusay' (Jr. and Gums) as they travelled the world working for the "TRUMP EMPIRE"
*We rented carts at his golf courses for the Secret Service to follow him.

There certainly are more - I just get SO pizzed thinking about them that I'm done!

[IronLionZion]

19. Teflon Don

Everyone knew about it. The media reported on foreign governments paying for rooms but not using them. Seems like plenty of clear evidence is there.

[NJCher]

28. these things bug the hell out of me, too

but then I think: oh wait, this is chump change compared to what he's actually facing.

And I do hope that when they get the other stuff pinned down, they total up these frauds and reimburse the taxpayers for the grift.

No way should we taxpayers get left holding the bag for this scum.

[left-of-center2012]

13. Maybe he's putting together money for 2024

Might be a sign that he does plan to run.

[NJCher]

30. he never uses his own money

he just says he can finance it himself but he always cons what he needs out of his sucker following.

Didn't we hear that he had something like 110 million from the money he was getting to finance his election fraud comeback? Did he go through all that, too?

[Sogo]

14. I read a headline about this today

(couldn't read the article because it was behind a pay wall), and it said a close ally of his thinks this is a sign he's getting ready to flee.

[arlyellowdog]

18. I thought he has been selling it for a while

[Traildogbob]

20. It was resurrection headquarters

Was it not? All the “Generals met there on the 5th to plan attack.

[monkeyman1]

22. people forget that the gao & trump !

trump stuck his nose in the proposed new fbi building & made sure they didn't move to a new building that supposed to be built ! afraid it would be renovated to a hotel right close to trump hotel ! same gal Murphy at that the gao was involved in that . that's why the deal blew up ! Washington post was all over that ! as usual people forget ! gao really could stick it in donny's short's & drop the lease on a conflict of interest exclusion .

[JI7]

25. Hasn't he already been trying to sell it ?

[tikka]

26. I think that it would hard to find someone to fork over the money.

He can't do American rich people any good. Nor is he useful to any wealthy foreign parties. Even his use to Putin is severely limited. The only people that might be interested are people like the Kochs who are trying to tear the country apart.

[bullimiami]

29. He doesn't own it. It is leased from the US. US.

So is he trying to sublet it.

Uh.How about NO.

We will take it back.

[LogicFirst]

35. Not selling the Tower

Only selling the LEASE. That's a difference.

[Hulk]

39. He's getting prepared to make a break to Mother Russia.

I have ALWAYS doubted this coward piece of shit would ever be held accountable for ANYTHING....but maybe he knows something I don't.😈

[The Unmitigated Gall]

41. Be fun to have tfg watch it ripped down

Like tfg did to the Bonwit Teller building, while Manhattan preservationists were begging him to let them save the Art-Deco stone and metalwork.

[LiberalFighter]

43. Hope he sells it at a loss.

[keithbvadu2]

48. It would be interesting to see their anticipated cash flow in their sale proposal.

It would be interesting to see their anticipated cash flow in their sale proposal.

[LetMyPeopleVote]

53. Trump Business Empire CRUMBLES

[Blue Owl]

54. They'll never be able to remove the stench of shit and hairspray

[MyOwnPeace]

56. Oh, Blue Owl!!!!!!

You DO have a way with words!!!!!