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Trump’s ‘Doral is severely under-performing’ — losing 70% of profits in just 2 years: WaPo reporter

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Washington Post reporter David Fahrenthold has followed the shocking ways in which President Donald Trump has used the office of the presidency to score profits for the Trump Organization. When speaking to MSNBC Thursday, Fahrenthold said that it’s hard to believe the claim that no place in the United States is as nice as Trump’s resort.

In a press briefing, chief of staff Mick Mulvaney said that they managed to isolate 12 possible locations for the G7, then cut the list down to four, of which Trump Doral Miami was one.

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Mulvaney then took it further, saying that Doral was doing exceptionally well as a property for Trump. It prompted host Katy Tur to ask if Doral is doing that well for the president’s pockets.

“No. We’ve been looking at internal documents from the Trump Organization that say that Doral is, in their words, severely underperforming,” said Fahrenthold. “The net operating income, basically, the profit that that resort produces fell 70 percent between 2015 and 2017. Just two years. And so they’re going to be putting people and money and occupancy into it — not only into a hotel that’s doing poorly, but in the worst time of year. June is usually the second-worst month. Only 38 percent of its rooms are generally occupied. Because who wants to be in Miami in June on vacation, now they’re going to fill the hotel with people and money during that period.”

In the past, the G7 has been hosted in Houston, Texas, at an island off the coast of Georgia and Camp David.

“We’ve held it other places,” Fahrenthold continued. “Yes, if you looked at my basement and the YMCA down the street and the Doral, you might decide that the Doral was the best option. Until you know what other places they looked at, it’s hard to say how Doral compares. But it’s certainly that this is not the only place in America where you could have held an event like this.”

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Watch the full exchange below:

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Rudy Giuliani harshly mocked after admitting Trump’s guilt in new WSJ column

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President Donald Trump's defense attorney took to the pages a Rupert Murdoch's newspaper to make "the case for the impeachment defense" on the eve of televised inquiry hearings.

Former New York City Mayor Rudy Giuliani lashed out enemies while clinging to conspiracy theories in his Wall Street Journal op-ed.

Giuliani began by attacking the press for reporting on Trump's solicitation of foreign election interference.

"If your only sources of news the past two months have been CNN and MSNBC, you probably think President Trump has committed some heinous act that is deserving of being drawn, quartered and carted out of the White House," Giuliani argued. "That’s a false narrative built on selectively leaked testimony from Rep. Adam Schiff’s closed-door Intelligence Committee hearings."

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CNN’s Cuomo hammers GOP lobbyist for saying Trump can fire the inspector general

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On Tuesday's edition of CNN's "Cuomo Prime Time," anchor Chris Cuomo pushed back on GOP lobbyist and American Conservative Union director Matt Schlapp for saying President Donald Trump has the right to fire Intelligence Community Inspector General Michael Atkinson for transmitting the whistleblower complaint.

"Why would it be okay for the president to go after the inspector general for dealing with the whistleblower?" said Cuomo.

"Because he serves at the pleasure of the president. The president can get rid of them at any time," said Schlapp. "At the State Department during Obama's presidency, during the whole time Hillary was at the State Department, he didn't bother to pick an IG."

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Everything you need to know about the impeachment hearings in House Intelligence Committee this week

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The House Intelligence Committee will hold its first open hearings Wednesday at 10 a.m. ET and Raw Story will have a live stream on our website for those unable to watch on television. The second hearing is scheduled for 9 a.m. ET on Friday.

Three key witnesses are slated to appear:

Top Ukraine diplomat Bill Taylor -- he has already testified that the White House set up a parallel foreign policy channel that ultimately undermined the US national security interests, calling it a "snake pit." His previous statements revealed how he and other diplomats “sat in astonishment” after hearing that aid was being withheld.

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