Posted on 01/15/2017 8:27:13 AM PST by mikelets456
President-Elect Donald Trump bought his sons failed company, foreclosed on the property, and now South Carolina taxpayers are left to clean up the mess he left behind. President-Elect Trump won South Carolina by a little more than 14 points.
In early 2014, a company in Charleston, South Carolina was promising to revolutionize home construction, by manufacturing and selling home construction kits. First it was called Titan Atlas Manufacturing, later being in reorganized into Titan Atlas Global before shutting down for good in the spring of 2015. Part of this doomed venture was none other than Donald Trump, Jr., who faced millions in debt.
In addition to Donald Trump Jr., Titan Atlas founding investors were Washington state farmer Lee Eickmeyer and Mount Pleasant resident Jeremy Blackburn, who was also CEO of Titan Atlas Global. Each of the three men personally guaranteed a $3.65 million Titan Atlas Manufacturing loan from Deutsche Bank the loan that the elder Trumps company later purchased allowing the bank to pursue the three men together or individually if it were not repaid, according to a January 2016 report from The Post and Courier. Eickmeyer also personally loaned the company just under $1 million.
(Excerpt) Read more at latest.com ...
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"Don't worry, Mr President, the Dept of the Treasury is under your control."
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ONCE UPON A TIME, IN THE PRIVILIGED ENCLAVES OF
OUR NATION'S CAPITAL, RHAM EMANUEL HELD TWO JOBS Soon as they occupied the WH, Obama and the Chicago con artists (a) took control of the US Census; (b) Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury (oversees the IRS).
PAUSE TO REFLECT First-term Obama had tight control of Treasury; Obama calculatedly placed his then-COS Rahm Emanuel in a dual role.......in the WH and at Treasury. Obama had a stranglehold on Treasury via COS Rahm Emanuel's dual role Read on.
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THE SMOKING GUN---WSJ REPORT--On Jan 20, 2009 Timothy Geithner was appointed Obama's Secy of the Treasury. But within three weeks, the Obama White House tightened its grip on Treasury. Obama put his COS, Rahm Emanuel, in charge of Treasury---Rahm Emanuel's dual role was an unusual move.
When he got to Treasury, WH COS Rahm Emanuel was so involved in the inner workings that the phrase "Rahm wants it" had become an unofficial mantra among subservient Treasury staffers; prostrate in obeisance, scurrying to accede to Rahm's wishes, according to Treasury government officials. (Reported by WSJ / 05/31/09)
More here: http://online.wsj.com/article/SB124113406528875137.html
LMAO!!!!
She should stay out of Detroit factories.
0bama’s subsidies didn’t cause taxpayers?
It’s going to be non-stop hits from now on.
If the business opened in 2014 it was most likely previous tenants.
Why do you post this hit piece and run?
I’ve taken a look at your posting history.
Why don’t you rejoin the conversation and let’s dicuss you negative
comments regarding Trump in your posting history.
Don’t just do a Drive By Hit.
Read the article. The quote is “possible” toxic problem. Leaky roof? I think media has juiced this story.
OMG.. let’s all go sulk instead of voting... :p
I really hope that this election is a reverse to the destruction of the people (country) that has been happening for almost a century..
Let’s take our country back, people!
Hell never win the election now.
Manufacturing solar panels is a dirty industry, which is why most are made in China with little regulation.
“Tony Rezko”
Will be on the first page of Obama’s 10,000 page pardons list.
You have to ask it’s Msnbc.
What? No mention of the multiple solar panel companies that went bankrupt after Obama gave them millions of taxpayer dollars? It didn’t seem to bother the media then.
Only the first of many attacks that the media will be making on Trump for the next 4 years.
Why didn’t these guys say anything about the 450m bailout Obama did of a failed company that immediately then closed its doors and the CEO took the money? Solyndra.
“...possible toxic pollution”
Somewhere in the dark recesses of that closed building, there is a moldy coffee cup. Possibly
Perhaps, you never know, there could even be an... unflushed toilet!
I’m an old guy, I’ve seen such unspeakable things...and now they haunt my dreams...
Was it used against him during the campaign? That's one of the best tests for truth.....
Chickenfeed amounts, if true. And not really to DJT’s benefit.
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