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The Case Against the President: Emoluments, Trump's Finances, Taxes & Foundation (1 Viewer)

Calk made a list of positions he desired. Among them, Treasury Secretary, Deputy Treasury Secretary, DoD Secretery, Commerce Secretary, or more than a dozen possible ambassadorships.

CNN

Federal prosecutors in New York on Thursday unsealed an indictment charging the former CEO of a bank with approving loans to former Trump campaign chairman Paul Manafort in exchange for an administration position.

-NBC NYC

 
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Calk made a list of positions he desired. Among them, Treasury Secretary, Deputy Treasury Secretary, DoD Secretery, Commerce Secretary, or more than a dozen possible ambassadorships.

CNN

Federal prosecutors in New York on Thursday unsealed an indictment charging the former CEO of a bank with approving loans to former Trump campaign chairman Paul Manafort in exchange for an administration position.

-NBC NYC
Manafort is a guy DJT hired (who is now going to spend quite a bit of time in a federal penitentiary, likely die there & had upwards of 40 million plus confiscated due to his criminality,) then DJT hired Calk on Manaforts suggestion, with a list of jobs Calk himself provided that he would be fine doing. This doesn't bother conservatives, Republicans, DJT supporters? It doesn't reek of swampiness?

 
Reps of 22 foreign governments have spent money at Trump properties

The number of foreign governments hints at a significant foreign cash flow to the U.S. president that critics say violates the Constitution.

WASHINGTON — Representatives of at least 22 foreign governments appear to have spent money at Trump Organization properties, an NBC News review has found, hinting at a significant foreign cash flow to the American president that critics say violates the U.S. Constitution.

The extent and amount of foreign spending at Trump's hotels, golf clubs and restaurants is not known, because the Trump Organization is a private company and declines to disclose that information. Trump promised to donate any profits from foreign governments, and the Trump Organization has sent $343,000 to the U.S. Treasury for 2017 and 2018. The company did not release underlying numbers to support that figure.

Amid two lawsuits accusing Trump of accepting illegal foreign payments, NBC News sought to compile the most comprehensive possible list of foreign spending at Trump properties based on information in the public record. In June 2018, a report by the watchdog group Public Citizen came up with 10 foreign governments that had spent money at Trump venues. More information has since become public.

...

Trump-owned properties — including his D.C. hotel and his Mar-a-Lago golf club — have been the frequent recipients of foreign money.

According to news accounts and other public records:

At least nine foreign governments were involved in hosting events at a Trump property: Afghanistan, Cyprus, Ireland, Japan, Philippines, Kuwait, United Arab Emirates, Saudi Arabia and Turkey

At least nine foreign governments rented or purchased property in buildings or communities owned by Trump businesses: Kuwait, Iraq, Saudi Arabia, China, Malaysia, Slovakia, Thailand, India and the European Union.

Representatives of at least five foreign governments — Georgia, Nigeria, Malaysia, Romania and Saudi Arabia — have stayed at a Trump property.

Foreign governments have improved infrastructure in a way that benefited Trump properties in Indonesia and Panama.

At least eight foreign governments or their representatives attended parties or gatherings at Trump properties: Brazil, Dominica, Georgia, Nigeria, Russia, Turkey, Malaysia and Qatar

An event at the Trump International Hotel in Washington last May exemplifies the risk of a conflict of interest, or the risk of an appearance of such a conflict.

A delegation from the Mediterranean island nation of Cyprus hosted a "Justice for Cyprus" conference at the hotel. The group opposes Turkish influence in a breakaway region of Cyprus once occupied by the Turkish military.

The purpose of the gathering, as first reported by journalist Zach Everson, was described in a report in the Cyprus News Agency, which gets funding from the government. The group was examining "ways of exerting influence on US President Donald Trump with a view to avert the Islamization of the Turkish-occupied part of Cyprus," the report said.

In February, the investigative reporting site ProPublica observed that Nigerian presidential candidate Atiku Abubakar and his entourage were staying at the Trump Hotel in Washington, despite Abubakar reportedly having been barred from the U.S. for his alleged involvement in corruption while he was Nigeria's vice president.

And last week, The Washington Post reported that a wealthy Iraqi sheikh who was trying to influence the Trump administration spent 26 nights in a suite at the hotel at an estimated cost of tens of thousands of dollars.

In a court ruling last year denying Trump's motion to dismiss an emoluments lawsuit, a federal judge in Washington, Peter Messitte, raised the seminal question: When "a President maintains a premier hotel property that generates millions of dollars a year in profits, how likely is it that he will not be swayed, whether consciously or subconsciously, in any and all of his dealings with foreign or domestic governments that might choose to spend large sums of money at that hotel property?" ...

 
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Trump's Beverly Hills mansion was assessed at last year: $8.3 million. Price Trump's Indonesian business partner secretly paid for it a couple of weeks ago: $13.5 million.
You think market value is always the same as tax assessments?

 
Trump's Beverly Hills mansion was assessed at last year: $8.3 million. Price Trump's Indonesian business partner secretly paid for it a couple of weeks ago: $13.5 million.
>>>Trump’s company sells California mansion to firm linked to Indonesian billionaire, a business partner Link

President Trump’s company has quietly sold one of his last remaining properties in California — a 5,400-square-foot Beverly Hills mansion that county records show was purchased by a corporate entity linked to an Indonesian billionaire and Trump business partner.

A deed registered with L.A. County on May 31 shows that Trump’s eldest son, Donald Trump Jr., signed the property over to Hillcrest Asia Ltd., a company registered in the British Virgin Islands. The price tag: $13.5 million, nearly double what Trump paid for the house when he bought it in 2007.

The purchaser address listed on the deed is a Beverly Hills condominium owned by a firm belonging to Hary Tanoesoedibjo, a billionaire media executive who ran for vice president of Indonesia in 2014.

He is Trump’s business partner on two projects in Indonesia — a resort on the island of Bali and a golf course and resort in the forests of West Java, south of the capital city of Jakarta. Tanoesoedibjo has said he expects that the projects will be worth more than $500 million when completed.

A woman reached by phone at the condominium, who declined to give her name, said she knew the family and had heard of the purchase but was not prepared to make a statement. Calls to other phones for the Tanoesoe­dibjo family were not returned.

...Trump bought the property, at 809 N. Canon Dr., for $7 million in 2007, according to L.A. County land records. The county assessed the property last year at $8.3 million.

...The U.S. Constitution bars the president from receiving gifts or payments from foreign leaders. Trump is fighting two federal lawsuits that claim he is running afoul of that prohibition by accepting business from foreign dignitaries at his hotels.

The $13.5 million sale price of the Beverly Hills mansion is likely to exacerbate ethics concerns. The property was sold off-market — meaning it was not listed for sale publicly — and Beverly Hills real estate experts said they were surprised at the high price.

The median home value in Beverly Hills has gone up from $2.3 million in early 2007 to $3.5 million this year, a 52 percent increase, according to analysis from Zillow. Trump sold his home for 93 percent more than he paid for it in 2007.

Trump “got a really good price,” said Luis Pezzini, the chief executive of Pezzini Luxury Homes in West Hollywood.

“Seems a little rich, to be perfectly frank,” Pezzini said. “Unless there’s something spectacular about this [house] that I’m missing.”

Pezzini said he had a listing nearby with a larger home and lot size — as well as a tennis court — and expected to get slightly less than the $13.5 million Trump received.

Tanoesoedibjo’s main business is media, as his MNC Group in Indonesia owns television stations and broadband businesses, but he also has finance and natural resources companies.

He and the Trump family know each other well, and beginning in 2015, he signed deals to partner with Trump on the two enormous projects in West Java and Bali, where he owns land.

Tanoesoedibjo attended Trump’s inauguration, posing for photos with Eric and Lara Trump at Trump’s D.C. hotel the day after the inauguration. He has said he has considered running for president in his country, with Trump as an inspiration.<<<

 
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I’ve always wondered what the backstory to this state park was...guess I know now...so Trumpian

https://www.bloomberg.com/news/articles/2019-06-14/failed-trump-golf-course-turned-into-dilapidated-n-y-state-park?srnd=premium
Despite the purchase price of $2.75 million, and a county assessment of $5.5 million at the time of the donation, Trump’s 2016 campaign said in a list of charitable donations published by The Washington Post that the land was worth $26.1 million.

 
"lies covered in brambles, mud and rocks"

Sums him up pretty well too.
"An hour’s drive north of Manhattan, Donald J. Trump State Park is what New York euphemistically calls a "passive park," meaning it has no trails, picnic tables or other amenities. The state stopped maintaining it in 2010, and the land lies covered in brambles, mud and rocks. A bill pending before the state legislature would change the name of the park to honor the folk singer Pete Seeger instead of the current president."

passive park :snicker: 

 
Sounds familiar...

Miller added that he billed the Trump Organization a seven-figure sum for his work on the land as well as his work on Trump National Golf ClubWestchester in Briarcliff Manor, New York. Trump’s company paid him all but $140,000, and after fighting for several months to get the balance, Miller said he finally accepted Trump’s personal offer of a discounted membership at the Briarcliff Manor club in lieu of payment.

 
Sounds familiar...

Miller added that he billed the Trump Organization a seven-figure sum for his work on the land as well as his work on Trump National Golf ClubWestchester in Briarcliff Manor, New York. Trump’s company paid him all but $140,000, and after fighting for several months to get the balance, Miller said he finally accepted Trump’s personal offer of a discounted membership at the Briarcliff Manor club in lieu of payment.
This is one of the first reasons why I started disliking Trump.  As a small business owner I can't stand his business practices and how he treats people.  He's a terrible person.

 
Of course tax value and market value are typically different.  What's not typical is that just one year after assessment the gap between market value and assessed value is that large.

oooooof

 
It's quite amazing to me that THIS thread has had as little traffic as it has.  Probably the most blatant and damning of all his actions and nary a peep.
Because this is the most damning indictment of the Trump presidency.  Violation of the emoluments clause is strictly forbidden in the US constitution.  Even Trump's most ardent supporters usually fashion themselves as pro-constitution, so they ignore it, or more likely, don't even know about or understand it. Fox, Hannity and Rush ignore this stuff, which means in his supporters minds it just isn't happening. If it isn't happening, the talking points don't get issued and repeated ad infinitum. 

This is what I emailed my US Representative and Senators about when I encouraged them to begin impeachment proceedings.  That was nearly two years ago. 

 
Because this is the most damning indictment of the Trump presidency.  Violation of the emoluments clause is strictly forbidden in the US constitution.  Even Trump's most ardent supporters usually fashion themselves as pro-constitution, so they ignore it, or more likely, don't even know about or understand it. Fox, Hannity and Rush ignore this stuff, which means in his supporters minds it just isn't happening. If it isn't happening, the talking points don't get issued and repeated ad infinitum. 

This is what I emailed my US Representative and Senators about when I encouraged them to begin impeachment proceedings.  That was nearly two years ago. 
This was always the area I thought they'd use to get him.  Though, I am beginning to wonder if anything matters anymore with the Conway revelation and his flat out saying he'd take intel from a foreign government to help him win an election.

 
Judge says Democrats can begin collecting Trump financial records in emoluments suit
 

A federal judge told US House and Senate Democrats they can begin collecting financial evidence this week about Donald Trump's businesses for a lawsuit.

Judge Emmet Sullivan, of the US District Court in Washington, denied an attempt by the Justice Department to stop the Democrats from collecting information from the Trump Organization and to appeal early court decisions in the lawsuit, which tests the constitutionality of Trump's business holdings while he serves as President.

The case is one of several avenues Democrats have to get to Trump's financial records.

Sullivan said the group of more than 200 members can begin collecting evidence June 28 through late September. Previously, the members of Congress said they plan to seek both documents and depositions from the Trump Organization. ...

 
I doubt anything comes of tax returns unless we get a really dedicated researcher/journalist on the case that wants to dig and dig.  I don't think committee in Congress is going to do what's necessary to get to the details.

 
Is there an aspect to Donald Trump that isn't highly likely to be corrupt?  I'm serious.

Political relationships? Russia? 

Personal friendships? Epstein? Manafort? Gates? Stormy Daniels?

Charity?  Trump foundation?

Family? Kushner clearances/debt?

Businesses? Trump University?

I mean, what in this man's life stands up to scrutiny?

 
Is there an aspect to Donald Trump that isn't highly likely to be corrupt?  I'm serious.

Political relationships? Russia? 

Personal friendships? Epstein? Manafort? Gates? Stormy Daniels?

Charity?  Trump foundation?

Family? Kushner clearances/debt?

Businesses? Trump University?

I mean, what in this man's life stands up to scrutiny?
All Fake News.  The man is a choir-boy.

 
Bad news: 4th circuit dismisses states' emoluments suit.

The court’s ruling, however, centered on whether the plaintiffs had standing to bring their case against the president — not the merits of whether Trump is violating the Constitution with his business dealings. The 4th Circuit issued two rulings Wednesday — one dismissing the case against the president in his official capacity and the other in his individual capacity.
The three judges on the panel that heard oral argument in March were nominated to the bench by Republican presidents — Niemeyer by President George H.W. Bush, Shedd by President George W. Bush and Quattlebaum by Trump. Frosh and Racine have said they would consider appealing for a rehearing by a full panel of the 4th Circuit and would not be surprised to see the case reach the Supreme Court.
- The Constitution has several measures designed to enforce ethical government but I have no idea how the courts expect anyone to enforce them with rulings like this. It's mystifying. If no one has standing to enforce the Constitution then how can it be enforced?

 
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It's quite amazing to me that THIS thread has had as little traffic as it has.  Probably the most blatant and damning of all his actions and nary a peep.
True, he should be booted on conflicts of interest alone. But early on in his reign, I heard a very convincing argument (can’t remember the details) that while he may be guilty, it is very unlikely anything will come of it. It’s also way, way under-reported. Anyway, looks like he gets a pass, given the recent ruling.

 
He’s a Chinese billionaire and a member of Trump’s Mar-a-Lago. Is he also a communist spy?

>>Chinese billionaire Guo Wengui belongs to Trump’s Mar-a-Lago, and has railed against China’s communist government. He is now one of China’s most-wanted, accused of myriad crimes by the Chinese government, including paying bribes and sexual assault.

The Miami Herald is investigating how U.S. President Donald J. Trump has become a favorite target of a little-known Chinese industry peddling access to the rich and powerful. At the center of this “Trump Tourism” is Cindy Yang, a former Asian day spa owner, who sold access to Mar-a-Lago and the White House, raising concerns about national security. 

A high-profile Chinese fugitive — who belongs to President Donald Trump’s exclusive South Florida club, Mar-a-Lago, and has railed against China’s communist government — is accused of being a spy for that very regime, according to new documents filed in a federal court case in New York.

Chinese billionaire Guo Wengui, who also goes by Miles Kwok, fled to the United States four years ago after learning an associate had been arrested on corruption charges. He is now one of China’s most-wanted, accused of myriad crimes by the Chinese government, including paying bribes and sexual assault. He maintains his innocence, saying the charges are politically motivated.

Guo, who made his money in real estate, has long promoted himself as a dissident being hunted by the Chinese government for his opposition to the ruling Chinese Communist Party. He is currently seeking political asylum in the United States, where he reportedly avoided deportation by the Trump administration after the president learned Guo was a member of Mar-a-Lago.

Now, filings in a civil case, first reported by the Wall Street Journal, suggest Guo may not be the dissident he claims. “Instead, Guo Wengui was, and is, a dissident-hunter, propagandist, and agent in the service of the People’s Republic of China and the Chinese Communist Party,”according to federal court papers filed on Friday.

...

Around the same time, Republican National Committee Finance Chairman Steve Wynn, a casino magnate and longtime associate of Trump’s with business interests in Macau, a special administrative region of China, reportedly hand-delivered a letter to the president on behalf of the Chinese government. It requested that the United States deport Guo back to China. (Wynn denied the story through his lawyer, when asked for comment by the Journal.) Trump appeared ready to grant China’s request until his aides dissuaded him by telling him that Guo was a member of Mar-a-Lago, according to the Journal.

Guo is known to be one of China’s most eccentric billionaires and has spent his life mired in controversy. Guo’s official Facebook page is filled with videos of himself demonstrating his various workout routines and anti-Chinese Communist Party content — like one recent video in which he interviews former senior Trump advisor Steve Bannon on U.S.-Chinese relations over dinner.

The unlikely duo met while Bannon worked in the White House as Trump’s chief strategist, according to Bannon, who spoke at a news conference last year where he announced he was joining Guo’s effort to expose Chinese corruption around the globe.

During the news conference, Guo and Bannon alleged that the Chinese government was involved in the death of another Chinese billionaire, Wang Jian, former chairman of the HNA Group, who fell to his death on July 4, 2018, while vacationing in the south of France. French officials ruled the death an accident and claimed there was no evidence pointing to suicide.

However, Guo said at the news conference that he had commissioned a private investigation into Wang’s fall that turned up several anomalies, including how his bodyguards reacted by giving the dying man facial acupuncture.

Together, Guo and Bannon launched the Rule of Law Foundation, which they said would collect evidence in cases of deaths like Wang’s, according to the South China Morning Post. ... <<

 
House Panel Approves Subpoena for White House Emails From Private Accounts

***

WASHINGTON — The House Oversight Committee voted Thursday to authorize a subpoena for all work-related texts and emails sent or received by White House officials on personal accounts, part of a long-running probe into whether senior administration aides have violated federal records laws by using private messaging services for official business.

The 23-to-16 vote, divided along party lines, puts into the cross hairs President Trump’s daughter Ivanka Trump and his son-in-law and senior adviser, Jared Kushner, both of whom have admitted through an attorney to using personal accounts in the course of their work. The effort is also a turnabout of sorts for House Republican efforts in 2016 to highlight Hillary Clinton’s use of personal emails for her official work as secretary of state.

“The committee has obtained direct evidence that multiple high-level White House officials have been violating the Presidential Records Act by using personal email accounts, text messaging services and even encrypted applications for official business — and not preserving those records in compliance with federal law,” said Representative Elijah E. Cummings, Democrat of Maryland and the chairman of the committee. “What we do not yet know is why these White House officials were attempting to conceal these communications.”

The broad subpoena includes all communications — even messages that contained classified material — sent or received by White House employees, including employees in the National Security Council. It specifically names Mick Mulvaney, the acting White House chief of staff.

The committee first requested those messages in March 2017 under the Republican leadership of Representative Jason Chaffetz of Utah, after reports that multiple White House officials, including Ms. Trump, were using encrypted apps to conduct administration business. CNN reported last October that Mr. Kushner had communicated with Crown Prince Mohammed bin Salman of Saudi Arabia using WhatsApp, and a lawyer for Mr. Kushner and Ms. Trump confirmed to the committee in March that they both used private email accounts for White House business.

The White House has not produced a single document in response, Mr. Cummings said. The Presidential Records Act requires that nearly all communications with White House staff on official matters be preserved and that officials who use personal accounts either copy or forward an official account on all such messages.

Representative Jim Jordan of Ohio, the top Republican on the panel, painted the efforts as a partisan attack on Mr. Trump.

“They are so desperate to get the President. They just can’t help themselves,” Mr. Jordan wrote Wednesday on Twitter.

Just last month, Mr. Jordan and two other Republicans called on the committee to renew its examination of Mrs. Clinton’s use of a private email server.

Democrats on the committee slammed Republicans’ opposition to the authorization and charged them with hypocrisy after Republicans demanded thousands of Mrs. Clinton’s private emails as part of the Benghazi investigation. Mr. Trump made Mrs. Clinton’s private email server a central line of attack in his 2016 campaign for president.

“We received those documents, and I called for them to be made public,” Mr. Cummings said. “Our approach today should not be different merely because Donald Trump is president.”

***

 
Any Trump supporters want to defend Trump and/or his actions about profiting from being President? Any?

Impeach the SOB already.

 
Of course tax value and market value are typically different.  What's not typical is that just one year after assessment the gap between market value and assessed value is that large.

oooooof
for the record, this is definitely not accurate in all locales.

Property taxes are normally based on millage (a tax rate per $1000 of assessed value) and the assessed value.  Particularly in areas where they don't re-assess frequently, it is not always feasible to get the assessed value up to the market value without raising taxes by an insane amount, as there may also be rules around how much you can change the millage.  My property was re-assessed a year or 2 ago and is still about 40% of market value.

:nerd:

 
for the record, this is definitely not accurate in all locales.

Property taxes are normally based on millage (a tax rate per $1000 of assessed value) and the assessed value.  Particularly in areas where they don't re-assess frequently, it is not always feasible to get the assessed value up to the market value without raising taxes by an insane amount, as there may also be rules around how much you can change the millage.  My property was re-assessed a year or 2 ago and is still about 40% of market value.

:nerd:
You're lucky...here in Florida, those taxes are assessed every time the house is sold and set at the sales prices of the house.  The first year in this house I paid the taxes based on what the value prior to sale to us.  The second year I started paying taxes based on what I paid for it.  It almost tripled by taxes.  Of course, this is a primary source of income in this state for the local governments.  We don't have a state income tax, but man, it was a jolt.

 
You're lucky...here in Florida, those taxes are assessed every time the house is sold and set at the sales prices of the house.  The first year in this house I paid the taxes based on what the value prior to sale to us.  The second year I started paying taxes based on what I paid for it.  It almost tripled by taxes.  Of course, this is a primary source of income in this state for the local governments.  We don't have a state income tax, but man, it was a jolt.
yeah, that's the thing about property taxes, it's all very locally-specific.

Also just saw this on the LA County Assessor's website: 

Proposition 13 limits increases in assessed value to no more than 2 percent per year until the property has a change in ownership or any new construction is completed at which time the property must be reassessed. The assessed value is the full cash or market value at the time of the purchase plus the incremental market value of each subsequent new construction. This proposition was approved on June 6, 1978 and took effect as of July 1, 1978.

Although your assessed value may only increase no more than 2 percent per year, the amount of your taxes may increase by a higher percentage for a number of reasons. The tax rate in your area can change as new bonds are added or decrease as bonds are paid off. Direct assessments/special charges can also cause an increase or decrease as they are added or removed. These special charges are added to the tax bill by local districts and cities. A sewer assessment is a typical special charge that is added to the tax bill.

 
Lutherman2112 said:


But the Air Force did concede that the appearance of staying at the president’s posh property might create a negative perception, and it has launched an internal review that will assess the “guidance associated with the use of civil airports and lodging selection for aircrew at en route locations,” according to a memo issued Monday.
That sounds to me like the Air Force is having to review (and maybe adjust) its own policies. This shouldn't be their problem, but it is because Trump refused to divest. His bad decision is having a negative affect on the Air Force and probably other government agencies that require travel.

Having said that...the problem should have been pretty obvious to anyone booking rooms for government employees. They (Air Force and other government agencies) should have addressed it immediately, within the first few months of 2017, but they didn't. They just kept doing it and hoped the public wouldn't notice. Smells like corruption.

 
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