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Thread: Trump Can Pull Money Out Of His Business At Any Time.

  1. #41
    Conservative Goddess Bronwyn's Avatar
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    BTW who's MM?

  2. #42
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    Mr. Minority. She's told you that a dozen times..why can't you remember from one day to the next? Trump supporters have some serious memory issues.

    Like they don't have one..

  3. #43
    Moderator HayJenn's Avatar
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    And another example..

    Billionaire investor Steve Schwarzman’s newfound status as a trusted outside adviser for President Donald Trump has created blurred lines in which the Blackstone CEO is offering guidance on policies that could boost the fortunes of his company and his personal wealth.

    The starkest example was Trump’s reversal last week on labeling China a currency manipulator — a central campaign pledge that could have dealt a major blow to U.S.-China relations. While many factors likely played into Trump’s decision, including the president’s desire to encourage China to get tough on North Korea, it also followed extensive advice Schwarzman had given the president on the topic, warning Trump against such a move. Even if Schwarzman was acting in the capacity of an economic expert, those policy changes directly help Schwarzman’s bottom line as CEO of Blackstone, the private equity giant.

    And Blackstone has gone so far as to warn its investors about the stakes of Trump’s China policy. In a recent regulatory filing, Blackstone explicitly warned its investors that Trump’s tough talk on China threatened to hurt Blackstone’s portfolio.

    Trump?s billionaire adviser stands to gain from policies he helped shape - POLITICO

    And this one too (although it mostly just shows how ignorant he is when it comes to foreign policy - scary)

    This claim was largely buried in news coverage of Trump’s wide-ranging interview with the Journal, during which he made numerous flip-flops on several policy areas. But it belatedly went viral in South Korea after a Quartz article Tuesday drew attention to it.

    Trump’s inartful retelling of Sino-Korean history sparked widespread outrage among Koreans, who are particularly sensitive to the U.S. president’s rhetoric amid heightened tensions between North and South Korea. Leaders across the political spectrum criticized Trump’s characterization, calling it a clear distortion of history and an attempt to undermine Korean sovereignty.

    Trump’s phrasing that the Korean Peninsula “actually used to be a part of China” may be his SparkNotes version, not a verbatim account of Xi’s history lesson. (The two spoke through interpreters.) The White House did not respond to our request for clarification.

    Here’s a look at what was misleading about Trump’s claim. Perhaps it will help the president avoid future blunders as he wades into northeast-Asian geopolitics.

    https://www.washingtonpost.com/news/...=.5337054e501d

  4. #44
    Conservative Goddess Bronwyn's Avatar
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    Quote Originally Posted by goldendog View Post
    Mr. Minority. She's told you that a dozen times..why can't you remember from one day to the next? Trump supporters have some serious memory issues.
    Like they don't have one..
    I wasn't addressing you.

  5. #45
    Moderator HayJenn's Avatar
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    Quote Originally Posted by Bronwyn View Post
    I wasn't addressing you.
    I've explained it to you like 5 times. That's your problem, not mine.

  6. #46
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    Quote Originally Posted by Bronwyn View Post
    I wasn't addressing you.
    You are on a public forum and fact is you didn't quote anybody..so deal with it..anybody can answer..why can't you remember things from one day to the next?

    Learn to use the quote function.
    Or can't you remember how to do that either from one day to the next?

  7. #47
    Conservative Goddess Bronwyn's Avatar
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    Quote Originally Posted by HayJenn View Post
    I've explained it to you like 5 times. That's your problem, not mine.
    Just wanting everyone else to know that you've made up some sort of name that no one else understands, but then maybe I should just keep quiet and let other posters wonder who and what you are talking about. No worries, it isn't going to catch on.

  8. #48
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    Quote Originally Posted by Bronwyn View Post
    Just wanting everyone else to know that you've made up some sort of name that no one else understands, but then maybe I should just keep quiet and let other posters wonder who and what you are talking about. No worries, it isn't going to catch on.
    Yet you are the only one who keeps asking..

    Everybody else seems to be fairly aware that Trump is Mr. Minority..he whined about it for weeks.
    Last edited by goldendog; 19th April 2017 at 08:16 PM.

  9. #49
    Veteran Member TNVolunteer73's Avatar
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    Quote Originally Posted by HayJenn View Post
    When President Donald Trump placed his businesses in a trust upon entering the White House, he put his sons in charge and claimed to distance himself from his sprawling empire. “I hope at the end of eight years I’ll come back and say, ‘Oh you did a good job,’” Trump said at a Jan. 11 press conference. Trump’s lawyer explained that the president “was completely isolating himself from his business interests.” The setup has long been slammed as insufficient, far short of the full divestment that many ethics experts say is needed to avoid conflicts of interest. A small phrase buried deep in a set of recently released letters between the Trump Organization and the government shows just how little separation there actually is.


    Trump can draw money from his more than 400 businesses, at any time, without disclosing it. The previously unreported changes to a trust document, signed on Feb. 10, stipulates that it “shall distribute net income or principal to Donald J. Trump at his request” or whenever his son and longtime attorney “deem appropriate.” That can include everything from profits to the underlying assets, such as the businesses themselves.


    Oh and btw, his lawyer has confirmed this is true.

    Update, April 4, 2017: In an interview with ProPublica, Trump Organization attorney Alan Garten confirmed that President Trump can withdraw profits and underlying assets from his trust at any time. He also said the president has been able to withdraw money since Trump took office on Jan. 20. That language was not included in a Jan. 26 summary of the trust — what’s known as a trust certification — but was included in a Feb. 10 version of the document. The full details of the trust are in what’s known as a trust agreement, which Garten said the Trump Organization will not release.

    https://www.propublica.org/article/t...ent=1491338779

    So similar to his tax returns, he's hiding his "trust" documents. Why is that?

    If Obama or Hillary were doing the same thing, I can imagine the uproar (and rightly so)....but seems like MM suppoters don't care how corrupt he is. For them it's all about Party over Country.
    Did George Washington, or Jimmy Carter have to sell their Farms? No.. Trump does not have to sell his Realestate..

    Jimmy Carter was more corrupt than Trump, Carter was receiving Direct Subsidies from the Government as income while he was POTUS.

  10. #50
    Conservative Goddess Bronwyn's Avatar
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    Quote Originally Posted by goldendog View Post
    Yet you are the only one who keeps asking..

    Everybody else seems to be fairly aware that Trump is Mr. Minority..he whined about it for weeks.
    you mean liberals whined about it for weeks. Even making up names. LOL!

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