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New York is breaking all contracts with the Trump Organization, says Mayor Bill de Blasio on MSNBC.
– The city terminates all contracts with Trump. Our attorneys have made an assessment and the contracts are completely clear: if a company, or the company management, is involved in criminal activity, then we can break the contract, says the mayor.
– Inciting a revolt against the US authorities is obviously criminal activity. New York City will no longer have anything to do with the Trump Organization.
$ 17 million a year
With that, it’s pretty obvious that De Blasio is thinking of President Trump, whom many blame for inciting and encouraging the irate crowd that stormed onto Capitol Hill a week ago.
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The Trump organization operates two ice rinks in Central Park, the Central Park Carousel and Trump Golf Links, a golf course owned by the city, writes the New York Times.
According to the Washington Post, this has secured the Trump Organization $ 17 million a year.
This is not the first time that the world metropolis has analyzed whether they can break the contract with Trump. Already in 2015 and two years ago the same thing was raised, but then they came to the conclusion that it did not work.
Mayor de Blasio, a Democrat, hopes the president’s organization will take the breach of contract to court, but is not concerned.
– We have solid legal foundations, says de Blasio.
The decision this time was made quickly. It was as late as Tuesday that the city announced they would find out if they could break contracts with Trump.
– The president incited an uprising against the US authorities – obviously an unconstitutional act and the people died. It’s unforgivable, de Blasio said Tuesday.
The militia group used a Norwegian server: “Do not fear death”
Strike back
The Trump Organization Strikes Back. A spokesperson told Fox News that “this is another example of how Mayor de Blasio ignores the facts.”
– New York City does not have the right to terminate our contracts, and if they continue, they will owe the Trump Organization more than $ 30 million.
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The spokesperson describes the decision as political “discrimination”.
– This is nothing more than political discrimination, an attempt to violate the first constitutional amendment and we plan to fight hard.
Many break ties
New York City is joining a growing line of organizations that no longer want to work with the president or his organization.
On Tuesday, the New York Times reported that Germany’s top bank Deutsche Bank had decided not to do business with Trump or his company in the future.
They have more than $ 300 million in outstanding loans from Trump, loans that will mature in the next few years.
The bank has come to the conclusion that in addition to forgiving debt, they cannot cut all ties with Trump before the loans mature.
In addition to the main German bank, the Stripe finance company also announced that they will no longer process payments to Trump campaign websites and Internet fundraisers.
Shopify, which runs online stores, has stated that they will no longer run the online store for the Trump Organization and Trump’s election campaign.
Discontinued personal accounts
The New York-based Signature Bank says they have started liquidating Donald Trump’s two personal accounts with them, where it should be close to 45 million kronor, and they also took the drastic step of demanding his resignation from the presidency.
The main golf organization PGA also decided that they will not play at Trump National Golf Club Bedmninster in New Jersey in 2022.
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Additionally, Donald Trump is banned from various social networks, such as Facebook, Twitter, and YouTube.
