Saturday 17 June 2017

Saturday News: Grifters gonna grift

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TRUMP EARNS TENS OF MILLIONS FROM HOTEL AND RESORT PROPERTIES: The Trump-branded hotel blocks from the White House has quickly generated almost $20 million of income for the Trump Organization while Mar-A-Lago, the private club used as a “Southern White House,” has seen profits climb nearly 25 percent — figures that are sure to fuel ethics advocates’ charges that Donald Trump is profiting off the presidency. One marquis property showing income gain is the Palm Beach resort called the Mar-A-Lago Club, which Trump calls his southern White House and it doubled its initiation fees to $200,000 in January, weeks before Trump took office. The disclosure form includes reported income of $37.2 million for the Florida resort, up sharply from $29.8 million in the prior year’s report.
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