October 27, 2018

Trump lies about having ‘no financial interests in Saudi Arabia’

https://thinkprogress.org/trump-financial-interests-saudi-arabia-lies-khashoggi-add91211833e/?fbclid=IwAR34INaBaK2Ddt33SrAiKwoQ1uRLQnl9cfjEWDIpRF9_3VAfH9ga7NnuGH4
"In an apparent effort to push back on suggestions his soft stance toward Saudi Arabia is a result of his business dealings with Saudis, President Trump on Tuesday tweeted, “For the record, I have no financial interests in Saudi Arabia (or Russia, for that matter). Any suggestion that I have is just more FAKE NEWS (of which there is plenty)!” Trump’s claim is transparently false. As the Washington Post reported in August, the Saudi regime has been pumping money directly into Trump’s pockets through his hotels." “After two years of decline, revenue from room rentals [at the Trump International Hotel in Manhattan] went up 13 percent in the first three months of 2018,” the Post reported — in large part due to Saudi Crown Prince Mohammed bin Salman’s patronage of the hotel during a visit to New York City in which he and his entourage didn’t even end up staying there. Trump wasn’t always so reluctant to acknowledge his business dealings with the Saudis. The month after he launched his presidential campaign, Trump gave a speech in which he boasted that “likes the Saudis” because “I make a lot of money with them” — an admission that directly contradicts what he now claims."