at least on paper it says it s from the trump organization but hundreds of millions of dollars. and these golf courses are just, you know, they are sinks. they don t actually make any money. quote, there is good reason to believe he would have had to have outside financial support for these things. and it s true, trump s course is in scotland and ireland, the only ones for which detailed financial information is available show huge losses. trump s course in ireland lost millions over the past two years and in scotland trump poured nearly $200 million into his two courses without either of them turning a profit. so, where did that investment money come from? on a trip to scotland during the campaign, candidate trump said he paid in straight cash. the hotel, i didn t even put a mortgage on. no debt, no financing. no anything. i wanted to do that with
they do show is enormous amounts of capital flowing into the projects from unknown sources. at least on paper it says it s from the trump organization but hundreds of millions of dollars. and these golf courses are just, you know, they are sinks. they don t actually make any money. quote, there is good reason to believe he would have had to have outside financial support for these things. and it s true, trump s course is in scotland and ireland, the only ones for which detailed financial information is available show huge losses. trump s course in ireland lost millions over the past two years and in scotland trump poured nearly $200 million into his two courses without either of them turning a profit. so, where did that investment money come from? on a trip to scotland, candidate trump paid in straight cash. the hotel, i didn t even put a mortgage on. no debt, no financing.
i just got here because i just bought it. and we re doing some work on it and it s just incredible because i ve come here for a long time and it s a special place. to own it is absolutely amazing to me. donald, you got a 15 or 30-year mortgage on that? yeah, i don t even have a mortgage on it. can you believe? i don t even have a mortgage. i didn t put a mortgage on. i but the it for cash. we re happy for you. i will say this, it s nice when you can do business that way. makes deals a lot easier. don t have to worry about a balloon payment. from now on, it s known as trump turnburry. you know, i would never cancel my monday call with you because that would be a terrible, terrible thing to do. that would be a devastating thin to you and fox. i ll never cancel. but it s now 12:00 o clock over in turnberry in scotland and it is beautiful here. the weather is beautiful, the sea is crashing against the rocks. the place is amazing.
do you mind grabbing my phone and opening the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it s easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it a few taps, and.it s taken care of. this is pretty easy, and i see it works on hotels too. you bet. now if you like that, press the red button on top. how did he not see that coming? what s in your wallet? i always thought this would be a really tight race, that at the end of it in the final month, which we re in now, that you would see really a tightening and everybody in a really close race. so i m not surprised that we re seeing what you can bet the mortgage on, polls go up and down. that was former new york city mayoral front-runner christine quinn keeping her eyes on the prize with the date big and the democrats are going to be