Hits on President Donald Trump’s business empire since the deadly riots in the U_S_ Capitol are part of a liberal “cancellation culture.”
NEW YORK – The PGA has canceled its tournament on its golf course. Banks say they will no longer borrow it. New York City wants to end its contract to operate the ice rink in Central Park.
Hits on President Donald Trump’s business empire since the deadly riots in the Capitol are part of a liberal “ cancellation culture, ” his son Eric told The Associated Press on Tuesday, saying his father will leave the presidency with a powerful brand that will be supported by millions of voters who will follow him “to the ends of the earth”.
“We live in the age of cancellation culture, but this is not something that started this week. It’s something they’ve been doing to us and others for years, ”said Trump, who has run the family business with his brother Donald Jr. since their father took office four years ago. “If you don’t agree with them, if they don’t like you, they try to cancel you.”
The comments in an extensive interview to the AP come amidst extraordinary backlash against the Trump organization after thousands of the president’s supporters stormed the Capitol in a violent riot last week to prevent lawmakers from taking Joe Biden’s victory in the presidential election. to confirm.
Amid allegations that Trump turned on the mafia, America’s PGA voted to remove his eponymous championship from Trump’s Bedminister, New Jersey golf course next year, a British golf organization said the British Open will not be in the “foreseeable future. will be played on a property owned by Trump. ”The e-commerce company Shopify stopped running the online Trump Store, and New York City announced that it was canceling contracts with Trump for ice rinks and a golf course in the Bronx.
“The president instigated an uprising against the United States government, a manifestly unconstitutional act,” said Democratic Mayor Bill de Blasio. That is unforgivable.
And possibly most troubling of all, several banks, including one of its biggest lenders, Deutsche Bank, have reportedly said they would no longer lend to Trump’s company, raising the prospect that the president might be in his own pockets. has to dig to pay off his money. loans if he cannot refinance.
“We witnessed the President of the United States encourage the rioters and refrain from calling in the National Guard to protect Congress from its sense of duty,” said a disconnected bank, the Signature Bank of New York. who was once so close to Trump. his daughter Ivanka on the plate.
Eric Trump seemed imperturbable but pugnacious as he spoke on the phone from his Trump Tower office. He dismissed the hits as no major threat to a company with minimal debt – $ 400 million against billions in assets – and can always tap into its massive real estate reserves for cash, not to mention the loyalty of those who cling to the president.
“You have a man who would be followed by a hundred million Americans to the ends of the earth,” Eric Trump said. “He created the greatest political movement in American history and his opportunities are endless.”
Despite that optimistic assessment, the limited data available for his private company suggests that the Trump Organization’s golfing properties, as well as other parts of his businesses, may be struggling.
The two Scottish golf courses have been losing money for years, it had to renew more than 1,000 employees last year due to the coronavirus, the prices of apartments in Trump’s residential buildings have fallen sharply and the company has been unsuccessful in its plans to his most celebrated properties, the Trump International Hotel in Washington DC
One person doing business with members of Trump’s golf club in Bedminster said several members are thinking about freezing their membership after the Capitol riots, and it will be difficult to add new members.
“They don’t want to be publicly shamed for being a member of his golf club,” said the person, who asked for anonymity because he doesn’t want to lose his clients’ business. “Do you think a man who works for a financial or pharmaceutical company wants to see his photo in the newspaper?”
Eric Trump, along with his father, spoke to the crowd on Jan. 6 before many of them ran to the Capitol, crossed barriers, attacked the police, demolished the building and left five people dead.
‘Have a backbone. Show some struggle. Learn from Donald Trump, ”Eric Trump said before urging them“ to march to the Capitol. ”
President Trump said on a visit to the Texas border wall on Tuesday that he was not responsible for fueling the uprising and warned that attempts to accuse him of his comments would only further divide the country, “which is very dangerous.”
When asked directly in his interview if he felt his dad turned on the crowd, Eric Trump paused and then the line fell dead.