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The Case Against the President: Emoluments, Trump's Finances, Taxes & Foundation (1 Viewer)
- Thread starter SaintsInDome2006
- Start date
SaintsInDome2006
Footballguy
fatguyinalittlecoat
Footballguy
Snorkelson
Footballguy
“I can pay them however I want to pay them,” Parscale told HuffPost on Friday, but then declined to comment any further.
Link
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fatguyinalittlecoat
Footballguy
Oh, sorry for not being more clear.
I do NOT think it's far fetched that Don Jr. and Eric's significant others are getting paid $180K a year in some underhanded possibly illegal manner.
What I think is far fetched is that Trump wouldn't fire Parscale for that reason.
SaintsInDome2006
Footballguy
Thanks fwiw the point was about that, the payments to family members by the campaign, not the in-house campaign intrigue. I wouldn't be surprised if Parscale is reassigned within the administration somehow given what just happened in Tulsa and the last month of poll results.
Snorkelson
Footballguy
Follow the money
Seems like a lot of disparity here, especially when you look at 2016 campaign spending. I’m sure this is pretty standard political practice, yet another loophole to funnel money.
Seems like a lot of disparity here, especially when you look at 2016 campaign spending. I’m sure this is pretty standard political practice, yet another loophole to funnel money.
roadkill1292
Footballguy
Yeah, Parscale's replacement can just be directed to keep funneling money to Trump family flunkies.
The founders had no way of foreseeing the way money would flow into our elections and it's yet another reason why we need serious constitutional and election reform.
The founders had no way of foreseeing the way money would flow into our elections and it's yet another reason why we need serious constitutional and election reform.
Green Balloons
Footballguy
7-2 
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johnnycakes
Footballguy
Supreme Court Rejects Trump Bid to Block New York Subpoena Seeking Financial, Tax Records
https://www.wsj.com/articles/supreme-court-rejects-trump-bid-to-block-new-york-subpoena-seeking-financial-tax-records-11594304520?mod=hp_lead_pos1
https://www.wsj.com/articles/supreme-court-rejects-trump-bid-to-block-new-york-subpoena-seeking-financial-tax-records-11594304520?mod=hp_lead_pos1
The Commish
Footballguy
Just going to throw this out there....people are going to lose their #### when they see he has dealings with foreign countries including Russia. Won't matter if it's all on the up and up
Drunken Cowboy
Footballguy
There is no up and up for a president having business dealings with foreign governments. It is a conflict of interest.Just going to throw this out there....people are going to lose their #### when they see he has dealings with foreign countries including Russia. Won't matter if it's all on the up and up
The Commish
Footballguy
Was lazy with my words...should have read "dealings in foreign countries" or "dealings with companies in foreign countries". We all know the layers of cover created in places like Russia to mask dealings....a mere "Russian sounding name" is going to set things off.
the moops
Footballguy
The charge is that Bernie's wife received 90,000 dollars over a 3 year period for consulting and ad placement services.
Brad Parscale had received almost 40,000,000 dollars over a 3 month period for coding and website design
Mookie
Footballguy
No they're not. Those who have been upset by his criminality thus far will remain upset. Those who support him at all cost will continue to minimize and deflect.Just going to throw this out there....people are going to lose their #### when they see he has dealings with foreign countries including Russia. Won't matter if it's all on the up and up
Snorkelson
Footballguy
Don’t know what you’re talking about, but feel free to link some info if it’s something you’d like to discuss.
Snorkelson
Footballguy
Yeah, sounds like the same deal. The 900,000 is misleading(ish) as they weren’t married to each other until this year (130,000 since married) and that money isn’t simply going into her husbands pocket, although I’d be curious as to what he gets paid.
SaintsInDome2006
Footballguy
Trump’s Request of an Ambassador: Get the British Open for Me
***********
Woody Johnson, the N.F.L. owner, Trump donor and ambassador to Britain, was warned not to get involved in trying to move the tournament to a Trump resort in Scotland, but he raised the idea anyway — and he failed.
LONDON — The American ambassador to Britain, Robert Wood Johnson IV, told multiple colleagues in February 2018 that President Trump had asked him to see if the British government could help steer the world-famous and lucrative British Open golf tournament to the Trump Turnberry resort in Scotland, according to three people with knowledge of the episode.
The ambassador’s deputy, Lewis A. Lukens, advised him not to do it, warning that it would be an unethical use of the presidency for private gain, these people said. But Mr. Johnson apparently felt pressured to try. A few weeks later, he raised the idea of Turnberry playing host to the Open with the secretary of state for Scotland, David Mundell.
In a brief interview last week, Mr. Mundell said it was “inappropriate” for him to discuss his dealings with Mr. Johnson and referred to a British government statement that said Mr. Johnson “made no request of Mr. Mundell regarding the British Open or any other sporting event.” The statement did not address whether the ambassador had broached the issue of Turnberry, which Mr. Trump bought in 2014, but none of the next four Opens are scheduled to be played there.
Still, the episode left Mr. Lukens and other diplomats deeply unsettled. Mr. Lukens, who served as the acting ambassador before Mr. Johnson arrived in November 2017, emailed officials at the State Department to tell them what had happened, colleagues said. A few months later, Mr. Johnson forced out Mr. Lukens, a career diplomat who had earlier served as ambassador to Senegal, shortly before his term was to end.
***********
Woody Johnson, the N.F.L. owner, Trump donor and ambassador to Britain, was warned not to get involved in trying to move the tournament to a Trump resort in Scotland, but he raised the idea anyway — and he failed.
LONDON — The American ambassador to Britain, Robert Wood Johnson IV, told multiple colleagues in February 2018 that President Trump had asked him to see if the British government could help steer the world-famous and lucrative British Open golf tournament to the Trump Turnberry resort in Scotland, according to three people with knowledge of the episode.
The ambassador’s deputy, Lewis A. Lukens, advised him not to do it, warning that it would be an unethical use of the presidency for private gain, these people said. But Mr. Johnson apparently felt pressured to try. A few weeks later, he raised the idea of Turnberry playing host to the Open with the secretary of state for Scotland, David Mundell.
In a brief interview last week, Mr. Mundell said it was “inappropriate” for him to discuss his dealings with Mr. Johnson and referred to a British government statement that said Mr. Johnson “made no request of Mr. Mundell regarding the British Open or any other sporting event.” The statement did not address whether the ambassador had broached the issue of Turnberry, which Mr. Trump bought in 2014, but none of the next four Opens are scheduled to be played there.
Still, the episode left Mr. Lukens and other diplomats deeply unsettled. Mr. Lukens, who served as the acting ambassador before Mr. Johnson arrived in November 2017, emailed officials at the State Department to tell them what had happened, colleagues said. A few months later, Mr. Johnson forced out Mr. Lukens, a career diplomat who had earlier served as ambassador to Senegal, shortly before his term was to end.
The White House declined to comment on Mr. Trump’s instructions to Mr. Johnson, as did the ambassador and the State Department.
Although Mr. Trump, as president, is exempt from a federal conflict of interest law that makes it a criminal offense to take part in “government matters that will affect your own personal financial interest,” the Constitution prohibits federal officials from accepting gifts, or “emoluments,” from foreign governments.
Experts on government ethics pointed to one potential violation of the emoluments clause that still may have been triggered by the president’s actions: The British or Scottish governments would most likely have to pay for security at the tournament, an event that would profit Mr. Trump.
It was not the first time the president tried to steer business to one of his properties. Last year, the White House chose the Trump National Doral resort in Miami as the site of a Group of 7 meeting. Mr. Trump backed off after it ignited a political storm, moving the meeting to Camp David before canceling it because of the coronavirus pandemic.
Mr. Trump also urged Vice President Mike Pence to stay at his family’s golf resort in Doonbeg, Ireland, last year during a visit, even though the vice president’s official business was on the other side of the country. That trip generated headlines for the golf club, but also controversy. And Mr. Trump has visited his family-owned golf courses more than 275 times since he took office, bringing reporters with him each time, ensuring that the resorts get ample news coverage.
The Trump International Hotel in Washington has done a brisk trade in guests, foreign and domestic, who are in town to lobby the federal government. Turnberry itself drew attention when the Pentagon acknowledged it had been sending troops to the resort while they were on overnight layovers at the nearby Glasgow Prestwick Airport.
But Mr. Trump and his children have struggled for more than a decade to attract professional golf tournaments to the family’s 16 golf courses, knowing those events draw global television audiences and help drive traffic. They own most of the courses outright — as opposed to simply selling the family name, as is the case with several of their hotels and residential towers — and the courses generate about a third of the family’s revenue, with tournaments seen as a crucial way to publicize them.
This has been particularly important for the two Trump resorts in Scotland and one in Ireland, which have been losing money under Mr. Trump’s ownership. Mr. Trump himself was intensely involved in promoting them before he was elected, regularly pushing golf writers and the editors of golf magazines to play with him, often after whisking them to Scotland on his private jet.
The losses at the British resorts have come even after the family made costly investments to build or upgrade their courses, including $150 million at Turnberry. The most recent annual report for Turnberry shows it lost nearly $1 million, on $19 million in sales, in 2018.
But the campaign to recruit tournaments has been complicated by Mr. Trump’s political ascent. Executives who run the Scottish Open, for example, said in 2017 that they would most likely not hold the tournament at the Trump family’s Aberdeen golf resort, even after direct appeals by Mr. Trump.
“Politics aside, Trump would be an ideal venue — but you can’t put politics aside,” Martin Gilbert, the chief executive of Aberdeen Asset Management, which is the lead sponsor of the Scottish Open, told reporters.
As ambassador, Mr. Johnson has had to navigate Mr. Trump’s up-and-down relations with British leaders. The president soured on the prime minister at the time, Theresa May, and berated her on trans-Atlantic phone calls. His relations with Prime Minister Boris Johnson, a like-minded populist, have been warmer, though Mr. Johnson has sometimes steered clear of Mr. Trump, who is deeply unpopular in Britain.
A prominent Republican donor, Mr. Johnson initially supported Jeb Bush for the Republican nomination in 2016, but he later backed Mr. Trump, introducing him to other figures in the party’s money circles. Enlisting Mr. Johnson as an emissary on behalf of his golf course was another way the president was looking for help furthering his financial interests.
Beyond the legal and ethical red flags, asking for such a favor from his host country would put Mr. Johnson in an untenable position as the emissary of the United States.
“It is diplomatic malpractice because once you do that, you put yourself in a compromised position,” said Norman L. Eisen, who served as President Barack Obama’s special counsel for ethics and later as his ambassador to the Czech Republic. “They can always say, ‘Remember that time when you made that suggestion.’ No experienced diplomat would do that.”
For Mr. Johnson, 73, London was a reward fit for the billionaire heir to the Johnson & Johnson pharmaceutical fortune. Formally known as the Court of St. James’s, the assignment is the plum of the diplomatic corps — one that comes with a palatial residence, Winfield House, and entree to the highest levels of British society.
Like many political appointees, Mr. Johnson had no diplomatic experience before arriving in London. Affable and well connected, he is known mainly for the nickname Woody and his ownership of the New York Jets, a perennially struggling N.F.L. franchise. His transition to leading a large embassy was bumpy.
Mr. Johnson’s throwback style has been criticized as offensive. There have been complaints that he complimented the appearances of female employees during staff meetings, and after interviewing a candidate to replace Mr. Lukens as deputy chief of mission, he asked a colleague whether she was Jewish.
The ambassador, colleagues said, forced out Mr. Lukens after hearing he gave a speech at a British university in which he told a positive anecdote about a visit Mr. Obama had made to Senegal in 2013, when Mr. Lukens was the envoy.
At least some of those complaints were raised with the department’s Office of the Inspector General last fall, when a team of investigators began a routine review of diplomatic operations at the embassy. The findings were submitted in February, and the complaints are expected to be included, according to one of the investigators. It is not clear why the review has not been made public.
Neither the State Department nor the embassy addressed the accusations, but the department said Mr. Johnson had led the embassy “honorably and professionally.” In a statement, it said, “We stand by Ambassador Johnson and look forward to him continuing to ensure our special relationship with the U.K. is strong.”
As for Mr. Trump’s request for help in getting the Open, it is not clear how much sway the British government would have had even if it had responded to Mr. Johnson’s hints. The tournament is run by the R&A, a golf association based at the Royal and Ancient Golf Club in St. Andrews, which is the British counterpart to the United States Golf Association.
A spokesman for the R&A, Mike Woodcock, said a committee selects the site from a pool of 10 courses in Scotland, England and Northern Ireland based on factors like the readiness of the course and public infrastructure.
“We haven’t received any approaches from the British government or the Scottish government about this,” he said.
Although Mr. Trump, as president, is exempt from a federal conflict of interest law that makes it a criminal offense to take part in “government matters that will affect your own personal financial interest,” the Constitution prohibits federal officials from accepting gifts, or “emoluments,” from foreign governments.
Experts on government ethics pointed to one potential violation of the emoluments clause that still may have been triggered by the president’s actions: The British or Scottish governments would most likely have to pay for security at the tournament, an event that would profit Mr. Trump.
It was not the first time the president tried to steer business to one of his properties. Last year, the White House chose the Trump National Doral resort in Miami as the site of a Group of 7 meeting. Mr. Trump backed off after it ignited a political storm, moving the meeting to Camp David before canceling it because of the coronavirus pandemic.
Mr. Trump also urged Vice President Mike Pence to stay at his family’s golf resort in Doonbeg, Ireland, last year during a visit, even though the vice president’s official business was on the other side of the country. That trip generated headlines for the golf club, but also controversy. And Mr. Trump has visited his family-owned golf courses more than 275 times since he took office, bringing reporters with him each time, ensuring that the resorts get ample news coverage.
The Trump International Hotel in Washington has done a brisk trade in guests, foreign and domestic, who are in town to lobby the federal government. Turnberry itself drew attention when the Pentagon acknowledged it had been sending troops to the resort while they were on overnight layovers at the nearby Glasgow Prestwick Airport.
But Mr. Trump and his children have struggled for more than a decade to attract professional golf tournaments to the family’s 16 golf courses, knowing those events draw global television audiences and help drive traffic. They own most of the courses outright — as opposed to simply selling the family name, as is the case with several of their hotels and residential towers — and the courses generate about a third of the family’s revenue, with tournaments seen as a crucial way to publicize them.
This has been particularly important for the two Trump resorts in Scotland and one in Ireland, which have been losing money under Mr. Trump’s ownership. Mr. Trump himself was intensely involved in promoting them before he was elected, regularly pushing golf writers and the editors of golf magazines to play with him, often after whisking them to Scotland on his private jet.
The losses at the British resorts have come even after the family made costly investments to build or upgrade their courses, including $150 million at Turnberry. The most recent annual report for Turnberry shows it lost nearly $1 million, on $19 million in sales, in 2018.
But the campaign to recruit tournaments has been complicated by Mr. Trump’s political ascent. Executives who run the Scottish Open, for example, said in 2017 that they would most likely not hold the tournament at the Trump family’s Aberdeen golf resort, even after direct appeals by Mr. Trump.
“Politics aside, Trump would be an ideal venue — but you can’t put politics aside,” Martin Gilbert, the chief executive of Aberdeen Asset Management, which is the lead sponsor of the Scottish Open, told reporters.
As ambassador, Mr. Johnson has had to navigate Mr. Trump’s up-and-down relations with British leaders. The president soured on the prime minister at the time, Theresa May, and berated her on trans-Atlantic phone calls. His relations with Prime Minister Boris Johnson, a like-minded populist, have been warmer, though Mr. Johnson has sometimes steered clear of Mr. Trump, who is deeply unpopular in Britain.
A prominent Republican donor, Mr. Johnson initially supported Jeb Bush for the Republican nomination in 2016, but he later backed Mr. Trump, introducing him to other figures in the party’s money circles. Enlisting Mr. Johnson as an emissary on behalf of his golf course was another way the president was looking for help furthering his financial interests.
Beyond the legal and ethical red flags, asking for such a favor from his host country would put Mr. Johnson in an untenable position as the emissary of the United States.
“It is diplomatic malpractice because once you do that, you put yourself in a compromised position,” said Norman L. Eisen, who served as President Barack Obama’s special counsel for ethics and later as his ambassador to the Czech Republic. “They can always say, ‘Remember that time when you made that suggestion.’ No experienced diplomat would do that.”
For Mr. Johnson, 73, London was a reward fit for the billionaire heir to the Johnson & Johnson pharmaceutical fortune. Formally known as the Court of St. James’s, the assignment is the plum of the diplomatic corps — one that comes with a palatial residence, Winfield House, and entree to the highest levels of British society.
Like many political appointees, Mr. Johnson had no diplomatic experience before arriving in London. Affable and well connected, he is known mainly for the nickname Woody and his ownership of the New York Jets, a perennially struggling N.F.L. franchise. His transition to leading a large embassy was bumpy.
Mr. Johnson’s throwback style has been criticized as offensive. There have been complaints that he complimented the appearances of female employees during staff meetings, and after interviewing a candidate to replace Mr. Lukens as deputy chief of mission, he asked a colleague whether she was Jewish.
The ambassador, colleagues said, forced out Mr. Lukens after hearing he gave a speech at a British university in which he told a positive anecdote about a visit Mr. Obama had made to Senegal in 2013, when Mr. Lukens was the envoy.
At least some of those complaints were raised with the department’s Office of the Inspector General last fall, when a team of investigators began a routine review of diplomatic operations at the embassy. The findings were submitted in February, and the complaints are expected to be included, according to one of the investigators. It is not clear why the review has not been made public.
Neither the State Department nor the embassy addressed the accusations, but the department said Mr. Johnson had led the embassy “honorably and professionally.” In a statement, it said, “We stand by Ambassador Johnson and look forward to him continuing to ensure our special relationship with the U.K. is strong.”
As for Mr. Trump’s request for help in getting the Open, it is not clear how much sway the British government would have had even if it had responded to Mr. Johnson’s hints. The tournament is run by the R&A, a golf association based at the Royal and Ancient Golf Club in St. Andrews, which is the British counterpart to the United States Golf Association.
A spokesman for the R&A, Mike Woodcock, said a committee selects the site from a pool of 10 courses in Scotland, England and Northern Ireland based on factors like the readiness of the course and public infrastructure.
“We haven’t received any approaches from the British government or the Scottish government about this,” he said.
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SaintsInDome2006
Footballguy
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SaintsInDome2006
Footballguy
How Donald Trump Moved Millions From His Campaign Donors To His Private Business
*************
Millions from his campaign, millions from the RNC, millions from committees. While other billionaires spend big on the election, the Donald is raking it in.
Donald Trump has not given a dime to his reelection campaign, opting instead to fund the entire effort with his donors’ money. His business, meanwhile, has continued to charge the campaign for things like food, lodging and rent. The result is that $2.2 million of contributions from other people has turned into $2.2 million of revenue for Trump.
And that’s just counting the money flowing directly through the president’s campaign. His reelection apparatus also includes two joint fundraising committees, which work with the Republican Party to raise money for Trump. Since he took office, those entities—named Trump Victory and the Trump Make America Great Again Committee—have funneled another $2.3 million into the president’s private business, according to a review of Federal Election Commission records. Then there’s the Republican National Committee, which has spent an additional $2.4 million at Trump properties. Add it all up, and the president, working in concert with the party he leads, has helped push $6.9 million into his businesses since taking office.
It’s a meaningful sum, even for a large business. Consider the payments to Trump National Doral, the president’s golf resort in Miami. In 2017, Trump’s first year leading the country, revenues at Doral dropped from $88 million to $75 million, dragging profits (measured as earnings before interest, taxes, depreciation and amortization) down from $12.4 million to just $4.3 million. The next year, the RNC, which had spent just $3,000 at the property in 2017, upped its expenditures to $603,000. That helped give a slight boost to the business, which recorded 2018 profits of $9.7 million, according to a spokesperson for the Trump Organization.
Two years later, the RNC is now a well-established customer at the resort, having spent $255,000 there in 2019 and another $510,000 in January. The latter payments provided a nice jolt to the place shortly before the coronavirus crisis shut it down. In total, Doral has done $1.4 million worth of business with the RNC since Trump took office.
It's not the only Trump asset getting political payouts. While the Trump Organization was working to fill space inside Trump Tower, the president’s reelection campaign remained a reliable tenant, spending about $38,000 on rent per month. More than three years after Trump became president, those payments now total $1.5 million, an even bigger haul than the amount that went to Doral. On top of that, the RNC paid $225,000 to Trump Tower Commercial LLC, the entity through which the president holds his famous tower. The campaign spent at least another $187,000 renting space from other Trump entities in New York City.
Down the street from the White House, at the Trump International Hotel, the president’s campaign, joint fundraising committees and political party have spent at least $900,000. Across the country, some $16,000 of campaign money flowed into its sister hotel in Las Vegas. An additional $1.7 million went to the president’s New York-based hotel empire, according to a review of Federal Election Commission filings. In all, that adds up to $2.6 million for Trump’s hotels, not counting the money that has gone to his Miami golf resort.
The reelection campaign hasn’t spent much money at Mar-a-Lago. But Trump Victory, one of its joint fundraising committees, has picked up the slack and shelled out $345,000 since Trump took office, according to the review of filings. The RNC chipped in $290,000, as well.
Another one of the president’s favorite getaways, Trump National Golf Club in Bedminster, New Jersey, received $12,000 from the campaign and $75,000 from Trump Victory. The campaign tossed another $500 to Trump National Golf Club in Westchester County, New York.
There’s more. The campaign paid Trump companies for legal consulting, IT expenses, airfare, even office supplies.
Forbes first reported on this practice in late 2018, and again in early 2020. What does the president’s team say about all of this? Not much. When asked about these sorts of payments in the past, representatives have issued statements insisting that the campaign had paid fair market value under negotiated rental agreements and other service agreements in compliance with the law. Contacted with additional questions late last night, after a new batch of filings came out, neither the Trump campaign nor the Trump Organization provided a response. Once the story published, an official inside the RNC sent a statement: “Aside from the fact that donors enjoy visiting Trump properties, other factors like security, price and convenience are all part of the committee’s decision-making process.”
So as the campaign rolls on, expect the money to keep flowing.
*************
- Forbes
*************
Millions from his campaign, millions from the RNC, millions from committees. While other billionaires spend big on the election, the Donald is raking it in.
Donald Trump has not given a dime to his reelection campaign, opting instead to fund the entire effort with his donors’ money. His business, meanwhile, has continued to charge the campaign for things like food, lodging and rent. The result is that $2.2 million of contributions from other people has turned into $2.2 million of revenue for Trump.
And that’s just counting the money flowing directly through the president’s campaign. His reelection apparatus also includes two joint fundraising committees, which work with the Republican Party to raise money for Trump. Since he took office, those entities—named Trump Victory and the Trump Make America Great Again Committee—have funneled another $2.3 million into the president’s private business, according to a review of Federal Election Commission records. Then there’s the Republican National Committee, which has spent an additional $2.4 million at Trump properties. Add it all up, and the president, working in concert with the party he leads, has helped push $6.9 million into his businesses since taking office.
It’s a meaningful sum, even for a large business. Consider the payments to Trump National Doral, the president’s golf resort in Miami. In 2017, Trump’s first year leading the country, revenues at Doral dropped from $88 million to $75 million, dragging profits (measured as earnings before interest, taxes, depreciation and amortization) down from $12.4 million to just $4.3 million. The next year, the RNC, which had spent just $3,000 at the property in 2017, upped its expenditures to $603,000. That helped give a slight boost to the business, which recorded 2018 profits of $9.7 million, according to a spokesperson for the Trump Organization.
Two years later, the RNC is now a well-established customer at the resort, having spent $255,000 there in 2019 and another $510,000 in January. The latter payments provided a nice jolt to the place shortly before the coronavirus crisis shut it down. In total, Doral has done $1.4 million worth of business with the RNC since Trump took office.
It's not the only Trump asset getting political payouts. While the Trump Organization was working to fill space inside Trump Tower, the president’s reelection campaign remained a reliable tenant, spending about $38,000 on rent per month. More than three years after Trump became president, those payments now total $1.5 million, an even bigger haul than the amount that went to Doral. On top of that, the RNC paid $225,000 to Trump Tower Commercial LLC, the entity through which the president holds his famous tower. The campaign spent at least another $187,000 renting space from other Trump entities in New York City.
Down the street from the White House, at the Trump International Hotel, the president’s campaign, joint fundraising committees and political party have spent at least $900,000. Across the country, some $16,000 of campaign money flowed into its sister hotel in Las Vegas. An additional $1.7 million went to the president’s New York-based hotel empire, according to a review of Federal Election Commission filings. In all, that adds up to $2.6 million for Trump’s hotels, not counting the money that has gone to his Miami golf resort.
The reelection campaign hasn’t spent much money at Mar-a-Lago. But Trump Victory, one of its joint fundraising committees, has picked up the slack and shelled out $345,000 since Trump took office, according to the review of filings. The RNC chipped in $290,000, as well.
Another one of the president’s favorite getaways, Trump National Golf Club in Bedminster, New Jersey, received $12,000 from the campaign and $75,000 from Trump Victory. The campaign tossed another $500 to Trump National Golf Club in Westchester County, New York.
There’s more. The campaign paid Trump companies for legal consulting, IT expenses, airfare, even office supplies.
Forbes first reported on this practice in late 2018, and again in early 2020. What does the president’s team say about all of this? Not much. When asked about these sorts of payments in the past, representatives have issued statements insisting that the campaign had paid fair market value under negotiated rental agreements and other service agreements in compliance with the law. Contacted with additional questions late last night, after a new batch of filings came out, neither the Trump campaign nor the Trump Organization provided a response. Once the story published, an official inside the RNC sent a statement: “Aside from the fact that donors enjoy visiting Trump properties, other factors like security, price and convenience are all part of the committee’s decision-making process.”
So as the campaign rolls on, expect the money to keep flowing.
*************
- Forbes
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joffer
Footballguy
siffoin
Footballguy
There's 3 reasons why I think a "successful" "billionaire" "businessman" President would move $millions from his campaign to his private businesses.
#1: His businesses are not successful
#2: He's likely not a $billionaire - far from it.
#3: He's moved a hell of a lot more money than is what is being reported.
Marauder
Footballguy
Green Balloons
Footballguy
Do you know what would be shocking? If all of the law and order republicans threw him and his accomplices in jail. We all know the real criminals are health care workers and liberal teachers, though.joffer said:
SaintsInDome2006
Footballguy
Trump Probe Not Limited to Stormy Daniels Payment, Manhattan D.A. Says
Manhattan DA makes latest filing for Trump financial records
Fight over subpeonas after Supreme Court ruling last month
Manhattan DA makes latest filing for Trump financial records
Fight over subpeonas after Supreme Court ruling last month
SaintsInDome2006
Footballguy
The 2nd Circuit has shot down the Trump appeal of the order to hand over his taxes to DA Vance.
- There's one stop left, the USSC.
- There's one stop left, the USSC.
johnnycakes
Footballguy
It's not a question of whether Trump refuses. It's his tax preparers who were subpoena'd, iirc, so it's a question of whether Mazars refuses, which they won't.
-jb-
Footballguy
johnnycakes
Footballguy
SaintsInDome2006
Footballguy
This docket just opened in New York County Supreme Court:
The People of the State of New York, by @NewYorkStateAG
v.
The Trump Organization, Inc. et al
***
Courthouse News.
Here's the filing letter.
Also named:
The People of the State of New York, by @NewYorkStateAG
v.
The Trump Organization, Inc. et al
***
Courthouse News.
Here's the filing letter.
Also named:
- Eric Trump
- DJT Holdings LLC
- DJT Holdings Managing Member LLC
- Seven Springs LLC - a Trump company
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SaintsInDome2006
Footballguy
SaintsInDome2006
Footballguy
Trump Organization Sued By New York Attorney General As She Investigates Its Financial Dealings
************QUOTE
New York Attorney General Letitia James sued the Trump Organization—along with the president’s son, Eric Trump—to force the company to comply as she investigates whether the company’s allegedly inflated its assets to secure loans and other deals, and comes as the Republican National Convention kicks off and President Trump makes his case for reelection in November.
KEY FACTS
According to the 68-page filing, James is investigating whether the Trump Organization misled investors by inflating the value of its assets.
James is also seeking for a judge to compel the Trump Organization to comply with subpoenas for its financial information, and to force Eric Trump, the company’s executive vice president, to sit for an interview.
The investigation also covers an upstate New York estate called Seven Springs, which the attorney general calls “significant,” along with 40 Wall Street in Manhattan, Trump Tower Chicago and Trump’s Los Angeles golf club.
James has not concluded the investigation, “and has not reached a determination regarding whether the facts identified to date establish violations of law,” according to the complaint.
“We are seeking thousands of documents and testimony from multiple witnesses regarding several Trump Organization properties and transactions, including from Eric Trump, who was intimately involved in one or more transactions under review,” James wrote on Twitter.
James also seeks to force two people connected to the Trump Organization’s work to sit for interviews: land-use lawyer Charles Martabano and Sheri Dillon, a tax representative.
NY AG James @NewYorkStateAG:
"I took action to force the Trump Organization, and specifically EVP Eric Trump, to comply with my office’s ongoing investigation into its financial dealings. For months, the Trump Organization has failed to fully comply with our subpoenas in this investigation."
CRUCIAL QUOTE
“Nothing will stop us from following the facts and the law, wherever they may lead. For months, the Trump Organization has made baseless claims in an effort to shield evidence from a lawful investigation into its financial dealings,” said James in a statement.
BIG NUMBER
$2.1 billion. That’s President Trump’s net worth as of Monday, according to Forbes’ estimate. The valuation of the Seven Springs estate is “one particular focus” of the investigation because Trump included it as part of his net worth in statements to financial institutions, the complaint says. Seven Springs’ valuation was also used to claim a $2.1 million tax deduction 2015 after the Trump Organization donated part of its 212 acres for conservation efforts.
KEY BACKGROUND
The investigation began in February 2019 after Trump’s former personal attorney and fixer, Michael Cohen, told Congress about the inflationary tactic Trump used for his assets, according to the Post. According to James’ filing, the Trump Organization complied with many requests for information, but balked at the testimonies of Eric Trump, Mortabano and Dillon. Eric Trump, the complaint says, was scheduled to sit for an interview on July 22. He backed out two days prior, and the Trump Organization has since said he will not sit for an interview because of “those rights afforded to every individual under the Constitution.” Eric Trump has not responded to the filing as of Monday afternoon. Before James filed her complaint, President Trump spoke at the RNC Monday morning after being renominated for the Oval Office, and has not yet commented on the filing.
**************END
************QUOTE
New York Attorney General Letitia James sued the Trump Organization—along with the president’s son, Eric Trump—to force the company to comply as she investigates whether the company’s allegedly inflated its assets to secure loans and other deals, and comes as the Republican National Convention kicks off and President Trump makes his case for reelection in November.
KEY FACTS
According to the 68-page filing, James is investigating whether the Trump Organization misled investors by inflating the value of its assets.
James is also seeking for a judge to compel the Trump Organization to comply with subpoenas for its financial information, and to force Eric Trump, the company’s executive vice president, to sit for an interview.
The investigation also covers an upstate New York estate called Seven Springs, which the attorney general calls “significant,” along with 40 Wall Street in Manhattan, Trump Tower Chicago and Trump’s Los Angeles golf club.
James has not concluded the investigation, “and has not reached a determination regarding whether the facts identified to date establish violations of law,” according to the complaint.
“We are seeking thousands of documents and testimony from multiple witnesses regarding several Trump Organization properties and transactions, including from Eric Trump, who was intimately involved in one or more transactions under review,” James wrote on Twitter.
James also seeks to force two people connected to the Trump Organization’s work to sit for interviews: land-use lawyer Charles Martabano and Sheri Dillon, a tax representative.
NY AG James @NewYorkStateAG:
"I took action to force the Trump Organization, and specifically EVP Eric Trump, to comply with my office’s ongoing investigation into its financial dealings. For months, the Trump Organization has failed to fully comply with our subpoenas in this investigation."
CRUCIAL QUOTE
“Nothing will stop us from following the facts and the law, wherever they may lead. For months, the Trump Organization has made baseless claims in an effort to shield evidence from a lawful investigation into its financial dealings,” said James in a statement.
BIG NUMBER
$2.1 billion. That’s President Trump’s net worth as of Monday, according to Forbes’ estimate. The valuation of the Seven Springs estate is “one particular focus” of the investigation because Trump included it as part of his net worth in statements to financial institutions, the complaint says. Seven Springs’ valuation was also used to claim a $2.1 million tax deduction 2015 after the Trump Organization donated part of its 212 acres for conservation efforts.
KEY BACKGROUND
The investigation began in February 2019 after Trump’s former personal attorney and fixer, Michael Cohen, told Congress about the inflationary tactic Trump used for his assets, according to the Post. According to James’ filing, the Trump Organization complied with many requests for information, but balked at the testimonies of Eric Trump, Mortabano and Dillon. Eric Trump, the complaint says, was scheduled to sit for an interview on July 22. He backed out two days prior, and the Trump Organization has since said he will not sit for an interview because of “those rights afforded to every individual under the Constitution.” Eric Trump has not responded to the filing as of Monday afternoon. Before James filed her complaint, President Trump spoke at the RNC Monday morning after being renominated for the Oval Office, and has not yet commented on the filing.
**************END
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tri-man 47
Footballguy
CPAs, in their professional Code of Conduct, have the responsibility of confidentiality ...not privilege. Than can provide/share client information in a few situations, certainly including legal matters (also matters such at quality/peer reviews).
Could Trump sue them to stop them from complying for no other reason than dragging it out in court?
tri-man 47
Footballguy
Well, he could, but it would be an unsuccessful suit ...yet maybe dragging it out. He could only argue privileged communications, but as noted, that is not applicable.
BigJim®
Footballguy
I'd thought we were past that point already... each of the Congressional and Vance subpoenas were seeking records from Mazars/Deutsche Bank/Capital One, and Trump's suits were to stop them from abiding. My understanding was the SC ruling sent it back to the lower courts with ability for team Trump to make new arguments, and they already made the arguments they deemed worthy of being made - at least w/r/t the Vance case. Those arguments were rejected, and the appeal hearing is Sept 1. If he did not raise any argument he has by now, I doubt he gets a 3rd bite at the apple.
Zow
Footballguy
SaintsInDome2006
Footballguy
Probably should be at least noted that after 230 years of history maybe the worst violation of the use of the White House was Bill Clinton letting out the Lincoln bedroom to fundraisers (really as a reward). - Over this week we have seen that blown away like a raindrop in Hurricane Laura.
Conversion of the White House, official office, monuments and parks was on display in a mass, public, expensive way by:
Conversion of the White House, official office, monuments and parks was on display in a mass, public, expensive way by:
- The President
- The First Lady
- The Secretary of State
- The Vice President
- And all their staffs.
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McBokonon
Footballguy
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