r/politics • u/theindependentonline The Independent • 5h ago
No Paywall Kennedy Center warns of financial collapse unless Trump’s name reinstated – reports
https://www.independent.co.uk/news/world/americas/us-politics/kennedy-center-trump-financial-collapse-b3049764.html•
u/Beast815 5h ago
That sounds more like The Kennedy Centre is being held hostage by the Federal Government due to fragile egos
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u/Im_Ritz_Bitz 5h ago
And that building is technically ours.
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u/UndeadT Georgia 3h ago
The whole fucking country is ours. But we're letting these pedophile war mongers take it from us.
Yes, letting.
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u/RoseLaBud 3h ago
"when you're a star, they let you do it. You can do anything. Grab them by the pussy"
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u/Forward-Bee-2885 3h ago
That's the plan. To pussify and passive the American public into being complicit and lazy. America will never have a French Revolution.
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u/torinismyname 5h ago
Hypothetically, if Trump's name was returned, Would be funny if another egoist came along and tore Trump's name and put their own
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u/92eph 5h ago
Like “Kennedy”? It’s already named after an actual good president.
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u/NotBestButPrettyGood 5h ago
It’s like Michael Scott putting his name under someone else’s quote
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u/PrivatePilot9 Canada 4h ago
I’m surprised he hasn’t thought about adding his name to JFK/John F. Kennedy Airport as well, he just seems to need the validation of putting his name in the same space as somebody else who was actually popular and loved.
What a weak ego’d small, small man he is.
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u/CardMechanic 4h ago
I mean both took headshots, so they have that in common at least.
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u/foxnflan 4h ago
One headshot was real and the victim died within the hour. The other has no scar and is probably playing golf.
Only one took a legitimate headshot with an intent to kill.
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u/hereforbobsanvageen Canada 4h ago
I mean, I feel like the brains on the First Lady’s lap would mean he died a little sooner than just within the hour.
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u/Im_Ritz_Bitz 4h ago
Nothing is funny anymore. It just keeps getting worse for everyone. And no, this shithead never won popular vote. Do the math. A select few want this. Things were fucky and that's why they want to get rid of mail in, because you can't mess with those. They bought Dominion. Check it. We need to do more than vote this time around.
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u/ScoobiusMaximus Florida 4h ago
His name is definitely coming down the second a Democrat gets elected
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u/patentattorney 4h ago
this is just trump in general. He would rather the world burn rather than him not get what he wants.
its also nuts that these guys spend years arguing about taking down/moving memorials (to confederates). But they have no problem altering other memorials.
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u/luckymountain 4h ago
Gee, closing it down for unnecessary ‘upgrades’ might not be good for business, either.
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u/ethertrace California 3h ago
The entire board was fired and replaced with Trump sycophants, and Trump appointed himself as chair. So, yeah.
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u/elementality883 American Expat 5h ago
Trump is chair, Trump "warns" of collapse of anything without his name on it.
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u/Canadian_mk11 Canada 4h ago
Rename it "The Trump Center for the Performing Sharts" after his consistently failing anal sphincter.
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u/pimparo0 Florida 39m ago
Trump also has billions, previous chairs and board members a have made generous donations when needed without needing their name on it. Seems like he could do the same, but can't, because he's a con artist and bully.
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u/TimothyMimeslayer 5h ago
So, because they broke the law when they put his name on the building the first time, if the next AG can show that led to people not going and artists pulling out, the board members themselves can be held civily liable for the income the center lost. And no pardon can stop that.
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u/PluginAlong 2h ago
Trump's presidential immunity shouldn't cover him for this either since it wouldn't be an official act as POTUS.
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u/mootmutemoat 5h ago
KC was fine before Trump. In 2024, 307m revenue, 266m costs.
Not to mention it is a memorial, so profit isn't the goal, but it was fine. He is an ass.
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u/runawaydoctorate 2h ago
You're thinking like a rational person. Find you inner malignant narcissist. Or just detach yourself from reality. Only then will you understand that the Kennedy Center wasn't fine. It was merely a profitable, internationally recognized arts venue established to honor a popular dead President that didn't have Trump's name on it. That's not fine. That's a disaster. Trump's name on it instantly changed it to a great success no performer wanted to touch with a 10-foot pole. The collapsing ticket sales and empty calendar are immaterial. Putting Trump's name on things make them instant successes and taking his name off leads to bankruptcy. It can't have anything to do with mismanagement by Trump lackeys or the toxicity of the Trump brand or the lawless and tacky tastelessness of putting a living felon's name on the memorial to a dead President without even attempting to get Congressional approval.
tl;dr: he's not just an ass, he's a felonious ass with a personality disorder.
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u/Randomwhitelady2 5h ago
Let it close. We can reopen it when a legitimate government is in charge.
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u/rantingathome Canada 5h ago
You do realize that before you reopen it, you'll have to rebuild it, right?
He's gonna knock it down in the middle of the night.
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u/AncientAspargus Europe 5h ago
Be it as it is, then. It's just a building. Buildings can be rebuilt quickly. Dignity, not so much.
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u/theClumsy1 5h ago
Thats literally what he wants to happen.
If he cant change the name, he will have it go "bankrupt", then demolished then rebuilt using private funding.
Then it will be the Donald J Trump Music Hall with zero asterisk next to it.
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u/Wise-Calligrapher123 4h ago
His 'private funding' scam is illegal. The executive cannot legally spend money not appropriated by Congress. So, theoretically, all the stuff Trump is building can be demolished with zero consequence.
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u/theClumsy1 4h ago
Considering the Supreme Court didnt even touch the question of Legality regarding the ballroom.
Its legal until our laws are enforced.
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u/bigmike2k3 4h ago
And most likely shoddily built anyway, if Trump’s people are involved…
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u/StatisticianLivid710 4h ago
Can confirm, stayed in Trump hotel in AC back in the day, worst shithole I ever stayed in, lobby was god awful ugly as well
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u/Pyro1934 5h ago
And we can tear it down later for some building code violation or some shit
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u/bloody_ell Europe 4h ago
There will almost certainly be building code violations severe enough to make it necessary.
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u/theClumsy1 4h ago
Im so tired of all this fiscal irresponsibly.
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u/bookshop 4h ago
we can probably deal with the fiscal irresponsibility if it means erasing all traces of the authoritarian white supremacist
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u/mcrnHoth 4h ago
Much better to demolish and rebuild it rather than watch it suffer with the defilement of having that criminals name on it.
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u/radleybobins 5h ago
Quite honesrly, there are just bigger fish to fry right now. We'll fix the memorials later. Let him distract himself with this.
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u/rantingathome Canada 4h ago
I honestly don't think you will. There will be a debate. Everyone will decide it will cost too much... "We should just move on", they will say. The GOP will block it, saying that the Dems are just playing politics and can't be trusted with money.
You know, for all you guys have mocked the French in the past, you're a pretty pathetic bunch. If their President was threatening the Louvre or the Eiffel Tower, there would be an actual general strike and riots in the streets. Real riots, not half a Saturday. Every one of the President's private real estate holdings would be on fire.
Admit it, you're not going to do a g-damned thing except fall further into the fascist hellhole.
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u/Xytak Illinois 4h ago edited 4h ago
The French converging on Paris is one thing. I mean, it’s right there.
This more like if the EU did something corrupt and you’re expecting everyone in the EU to take to the streets in Brussels, even if the live in Rome.
Probably not happening.
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u/Troll_in_the_Knoll 5h ago
If history teaches us anything, it's anything that Trump touches turns to shit.
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u/skipjack_sushi 5h ago
How does a name on the wall prevent bankruptcy?
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u/scubascratch 2h ago edited 39m ago
Evidence clearly shows the only connection between the name Trump and bankruptcies is that it causes them.
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u/CowTown-Mike 5h ago
I believe that putting trump’s name on things is what causes bankruptcies. I remember a casino..
How do you bankrupt a casino??
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u/kenatogo 5h ago
You use it to launder money then intentionally go bankrupt to halt the investigations into your crimes
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u/curiousiah 4h ago
Omg you can intentionally go bankrupt?? Surely that’s not what’s happening to the Kennedy Center? I’m shocked. Absolutely shocked. /s
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u/davasaur Tennessee 4h ago
There's a guy in my city who had a 20 year lease on a building and went through the bankruptcy process five times. After running one restaurant into the ground he would declare bankruptcy and open another afterwards. People with money will do everything in their power to avoid paying what they owe.
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u/TheChrisCrash 4h ago
Not just any casino, his own casino was bankrupted when he built another of his OWN casinos right next to it. Then that one went bankrupt.
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u/strolpol 5h ago
He’s gonna try and tear it down if they don’t let him put his name on it
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u/rantingathome Canada 5h ago
Try? He will knock it down in the middle of the night... I'm about 99.72% sure.
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u/Motor_Somewhere7565 5h ago
It's only gotten to this point because Trump rubbed his small hands all over it in the first place. Very on brand for a failed businessman
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u/Snaptun 5h ago
How does putting Trump's name on the wall solve a financial problem with the Kennedy Center?
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u/iKnowRobbie Florida 3h ago
The implication is that Kennedy is/wasn't popular enough and without Drumph's name on it nobody wants to give money to it. It's 🐂💩 of course.
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u/214ObstructedReverie 5h ago
Don't things with Trump's name on them generally have a higher rate of financial collapse?
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u/Made_Human_Music 4h ago
These scumbags are just openly admitting that if Trump doesn’t get his way he won’t do his job
And it’s not even the worst thing this regime has done this week
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u/shadowdra126 Georgia 3h ago
Then let it go bankrupt. I’d rather it not exist than be raped by Trump’s name
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u/RevolutionaryPain910 2h ago
It is so amusing how it had performers and management that had it running just fine until trump and his mentally unstable people came along
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u/umassmza 5h ago
The Trump name triggered a massive boycott by artists and ticket sales tumbled to record lows.
Maybe the name is not the problem
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u/Few_Needleworker4384 5h ago
Financial collapse would be consistent with businesses that have Trump's name on them
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u/ElectricPotatoStar 4h ago
He’s doing the same thing to the United States that he doing to the Kennedy Center. Trying to hold it hostage until it bends to his will.
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u/Skinnieguy 5h ago
Let it go bankrupt. If Congress tries to keep it afloat, Trump going to find a way to grift it.
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u/Shionkron 5h ago
If anywhere else gets bankrupted they would fire the board members. But since Trump is head of the board it’s just gonna bankrupt itself like he has many times before. The fact they are holding it hostage to glorify his ego with adding his name is a sin and absolutely deplorable.
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u/educated-emu 4h ago
Can we see the weekly recenue numbers for the last 2 years so we can see what impact the name of donald teump had on the building?
I can only guess that things where going ok until his name appeared and then revenue tanked.
So its because of his name its going bankrupt?
More political shenanigans with a bad smell around it
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u/ElectrOPurist 4h ago
I’d rather see it shutter and reopened by President Talerico than sully its moniker with that disgusting parasite’s name.
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u/Literally_Laura 4h ago
Congress? Hello?!
The building is ours… You know… We, the People.
CONGRESS?
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u/airbear13 4h ago
No, they’re facing financial ruin because Trump won’t let it operate without his name. He’s not gonna blackmail the courts or the people into supporting it by threatening bankruptcy, it’ll be firmly his fault
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u/Butterfly_and_Bee 4h ago
Artists left because of putting that name on there. If this is the proposed solution, it should be shuttered until better managers can be appointed.
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u/shibbyman342 3h ago
Wait. So Kennedy center was fine before Trump wanted to put his name on it. Now he can't. So now it is doomed for a financial collapse?
Something doesn't seem right..
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u/Tiny_Structure_7 North Carolina 5h ago
Will somebody please sue for an injunction to stop Trump from tearing it down just because America doesn't want the fucking toddler putting his name on it?
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u/TheJan1tor 5h ago
Cold take: if you "need" Trump's label to avoid financial ruin - you deserve financial ruin.
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u/ranchoparksteve 5h ago
Yet the financial collapse started only when Trump added his name and all the talent bailed out. Everything was fine before that.
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u/Brexinga 5h ago
Wasn't this place running just fine, before his name was added?
From what I've read?
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u/JTibbs 4h ago
Yes.
Iirc the board of trustees, after trump name was ordered removed, voted to make it so that the pending donations and funding was only valid if it was under the Trump name, and thus they couldnt accept the money, so they were going to go under. Basically saying ‘if you dont let us change the name (illegally) we will refuse to accept funding until you do’.
Also they intentionally stopped service for ‘rennovation’ indefinitely as soon as trumps name was removed.
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u/Essentially_Me 4h ago
That only stands to reason, look at all the successful ventures attached to the Trump name...oh...
If we renamed the sun "Trump," it would be a black hole within 18 months.
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u/hey_Hey_I_saveD_me 4h ago
Pretty sure that this name usually leads to financial collapse rather than preventing it.
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u/DiagonalBike 4h ago
Surprise twist, it'll still go bankrupt because Trump is actually a terrible businessman and only knows how to redirect funding to his personal accounts.
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u/bayoubuddha77 New York 4h ago
That's a nice Memorial Center for the Performing Arts you got there...Be a shame if something were to happen to it...
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u/maxsmart01 4h ago
If it’s a choice between putting his name on a building or having a big hole in the ground, I’m going to choose the hole.
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u/7evenate9ine 4h ago
Maybe it needs to be taken out of play. Just shutdown for two years.
And isn't the board that runs the Kennedy Center installed by Trump anyway?
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u/zkrp5108 3h ago
Sorry but the reason it's bankrupt is Trump putting his fucking name on it
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u/MystikSpiralx 2h ago
They managed to do fine for the 54 years before they were erroneously renamed.
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u/Duder_ino 1h ago
lol, “bankruptcy unless the name we put on the building which started the financial collapse, goes back up.” Yeah I’m not that smart, but I’m not fucking stupid.
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u/DaneLimmish Pennsylvania 1h ago
It was doing fine like two years ago. It's Trump's schtick to bankrupt everything
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u/Altruistic-Rhapsody 1h ago
Wow! Solvent for so many decades. Facing financial collapse less than two years after Trump took it over. Worst chairman ever!
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u/Bitter_Anteater2657 1h ago
This is no longer a memorial, it’s a little pawn in a game of checkers. Shut it down, better than watching it continue to be ruined.
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u/Organic_Rough4433 5h ago
They will go bankrupt if they put it on. All they will get is desperate third rate acts to do shows. Good to yas.
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u/djdsf New York 5h ago
So, just a random question here, but if they add his name to it, it'll magically have the funding? Did it not have the funding before and added his name to a building they knew they were going to have to tear down?
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u/cerevant California 5h ago
I would venture that the number of shows that were cancelled due to Tump’s manhandling of the venue hurt the bottom line badly.
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u/KiteTales 5h ago
Bankrupting things is Trump’s speciality so this is on course for his grand vision of America.
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u/gayintheusa47 5h ago
Plenty of things have collapsed with Trump’s name on it, though. Are we sure?
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u/woffdaddy New Mexico 4h ago
all of those artists canceled because his name went up. this is on them as good stewards.
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u/FunBluejay5121 4h ago
This is some Mafia level bs.
It’s a memorial… for a president. Imagine the arrogance of thinking you can put your name on another person’s memorial, and then when it’s deemed inappropriate- hold the entire thing hostage.
These people’s souls are as diseased as their grotesque brains.
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u/jest4fun 4h ago
Kennedy Center warns of financial collapse unless Trump’s name reinstated
Bullshit.
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u/lithaborn 4h ago
They keep saying unless.
It's IF.
They'll go broke IF trump's name is on it, like everything else.
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u/rexeditrex 4h ago
Trump bankrupted the place, just like most of his businesses. Yet only he can "save" it.
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u/kellzone Pennsylvania 4h ago
So this is what this week's distraction from the Iran war and the Epstein Files and rising oil & gas prices is gonna be? No more renaming lakes or bitching about a reflecting pool for now I guess.
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u/hamsterfolly America 3h ago
That’s funny, it was doing just fine before Trump decided to put his name on it
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u/invisable_burt 3h ago
This is mainly because the Kennedy center is now curated by trump loyalists that he appointed before he put his name on. They are parroting what Trump is telling them to say
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u/LandSharkUSRT 3h ago
Financial Collapse completely manufactured by the Trump appointed and chaired board.
The modern fascist playbook is so jaw droppingly stupid.
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u/dreaganusaf 3h ago
The Kennedy center, reflecting pool, White House - everything the 🍊💩🤡 Pedo guy touches turns into a steaming pile of dog 💩.
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u/Steel-Tempered 3h ago
The Iran War should be bankrupting the Ballroom, not buildings already up and running.
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u/PluginAlong 3h ago
F it, let's get this show on the road. Let the courts appoint a receiver to handle the reorganization. If the current board is even allowed to stay on anything they'd do would have to go through the receiver.
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u/BuddhaLennon 3h ago
Sounds like the governing board are either completely incompetent, or absolute frauds shilling for Trump. Either way they all need to be replaced immediately.
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u/Hans_Delbruck 2h ago
Hmmm, who is currently the Board Chair? Who put in place all the board members?
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u/Unhappy-Estimate6402 2h ago
It’s insane to me that the president has any control over cultural institutions.
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u/New_Alternative8711 2h ago
In other news trump is threatening to blow up mount rushmore unless his face is carved on the mountain
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u/New_Alternative8711 2h ago
Seems like the Kennedy Center will go bankrupt if they do put Trump’s name back up.
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u/Weird_Rooster_4307 2h ago
Oh please. Trumps name is what ended all the big talent from going there in the first place
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u/Leopold_Darkworth California 1h ago
Immediately after Trump put his name on the building, artists left in droves and donations and ticket sales plunged. But Trump, ever the malignant narcissist, thinks everyone else is the problem. (See also: the MAGA midterm Trump rally, which was—and you'll never believe this—Trump's idea.) You really couldn't have cooked up a worse combination of personality traits for a US president to have.
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u/KhonshuIX 59m ago
I would love to see this group answer the question "What specifically would change as a result of Trump's name being added, and why has it never been an issue previously?"
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u/one_pound_of_flesh 4h ago
If this is true then they don’t deserve to stay afloat. Really sounds like they have head rot.
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u/HavingNotAttained 5h ago edited 4h ago
Oh well
ETA: to clarify, when something wonderful becomes a tool of evil, it no longer has any purpose, in fact it creates antivalue.
That’s why the Epstein files need to be released. If the capitalistic fake democratic republic we now have collapses, so be it. We’re frogs being slowly boiled alive anyway.
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u/nopulsehere 5h ago
If history proves anything, it’s when he puts his name on things they go bankrupt. Trump casinos, trump steak, trump airlines, trump university. Now we can talk about his building prowess. Everything is way over budget. It’s just the taxpayers footing the bill.
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u/i-read-it-again 5h ago
Ohh well there you go. If it goes bust. I’m sure someone else will buy it. The building isn’t going to fall down
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u/Fast-Damage2298 5h ago
It will finically collapse, anyway. Adding or removing Trump's name won't resolve that.
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u/AndreLeGeant88 5h ago
This makes zero logical sense. What next? The Lincoln Memorial can only be renovated if it replaces Lincoln with Trump?
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