This does not seem like a good thing.
Courtesy of Open Secrets:
President Donald Trump is making hundreds of millions from foreign business dealings during his time in the White House, an OpenSecrets analysis of personal financial disclosures found.
Trump earned more than $200 million in income from his interests in foreign countries since 2016 and reported nearly $95 million of that income from foreign business dealings in his two most recent financial disclosures on file with the U.S. Office of Government Ethics, according to OpenSecrets analysis of data from personal financial disclosures.
Trump’s financial disclosures, filed as recently as July 2020, show Trump reported earning over $47 million from foreign business interests in 2019. The president continued to hold at least $73 million and up to $150 million in foreign assets through a revocable trust at the end of 2019, evidence suggesting Trump has continued to profit from foreign business interests to an even greater extent than the New York Times’ review of Trump’s tax returns exposed.
The New York Times’ reporting shed new light on Trump’s taxes and business dealings during his time at the White House, revealing an unprecedented level of foreign business entanglements for a sitting U.S. president. Trump reportedly earned at least $73 million in 2017 and 2018 from his properties abroad, according to the review of Trump’s tax returns. But Trump’s refusal to release his actual tax returns leaves gaps in disclosure, and financial disclosures analyzed by OpenSecrets reveal that Trump continued to profit from foreign business interests even more than the Times reporting shows.
Trump is the first president since the Watergate Era who failed to publicly release his tax returns. And because personal financial disclosures report most income in ranges, details about Trump’s exact profits are hidden from the American public. This leaves voters in the dark about potential financial entanglements with foreign interests even as the president shapes foreign policy.
Now if this were the Washington Post or the New York Times I would have to follow some journalistic guidelines that would prevent me from saying that Trump is definitely making decisions that benefit the countries funneling money into his businesses.
However, I am not bound by such guidelines so I will simply state what we all know to be true, which is that of course, Trump is guiding US policy based on how it benefits the people shoving money into his pockets.
And we have seen this in action, from Trump kissing up to Saudi leaders, to Trump refusing to criticize Vladimir Putin, and of course his China “trade war” which benefited China and left America holding the bag.
The fact that these decisions benefited Trump’s bottom line, should come as no surprise to anyone.
After all, what would you expect from a fake billionaire other than to also pose as a fake president?
Don’t forget kissing the ass of Turkey where he has business interest.
Just another area that Congress will have to pass a law that a president must disclose their business interests and either divest or start a trust to manage them.
eric went on tv whining they lost billions, LOL more like they made billions.
‘KEY’ POINT.
Stupid is as stupid does.
Bussa Krishna, who installed a 6-feet statue of US President Donald Trump last year & worships him: I’m feeling proud as my God has come to India. I worship Trump as God and believe that I shall meet him soon. He has played a major role in fight against terrorism
https://www.yahoo.com/news/indian-man-fasted-four-days-112650576.html
https://slate.com/news-and-politics/2020/10/columbus-islamophobia-ottoman-empire.html
“This is the other half of the story, which is that the explorers used language around Islam to frame their experience of the Old World, once they got to the New World. Some examples: Columbus described the weapons of the Taíno—the Indigenous people of the Caribbean—as alfanjes, which was the Spanish name for the scimitars used by Muslim soldiers. Hernán Cortés said that there were 400 “mosques” in Mexico, by which he probably meant Aztec temples, and that Aztec women look like “Moorish women.” He describes Montezuma, the Aztec leader, as a “sultan.” This first generation of conquistadors were forged in this world of warfare between Islam and Christendom, and that’s what they thought of in their minds’ eye, when they thought of enemies.” – “The idea is that there’s a thread of anti-Muslim sentiment from this period, and maybe even before, to today. In some ways you can draw a throughline. ”
“If you think of the imports, if that’s what you want to call them, that Columbus brought with him in 1492, you have disease, an ambition to find Asia, and a crusading spirit of anti-Muslim sentiment. And very tragically, to write this history of what happened next, you then have to fold what happened to the Native people of the Americas into Europe’s anti-Islamic history.”
“ou see that today, in the way the main American theater of warfare is the Muslim world, and so much American weaponry used there is named after Native Americans—Apache helicopters, Black Hawk helicopters, Tomahawk missiles. There’s a history of American warfare with Native peoples that’s playing out again, in different ways in the Muslim world.”
It was my understanding that this is a violation of the Emoluments clause.
I don’t understand why he is being allowed to get away with this. Never have.
And this was BEFORE Moscow Mitch stacked the courts with his partisan hacks.
https://news.yahoo.com/eric-trump-claims-father-lost-015830693.html
“On Saturday, The New York Times reported that by looking over the president’s tax returns, they found “over 200 companies, special interest groups, and foreign governments that patronized Mr. Trump’s properties while reaping benefits from him and his administration” and “just 60 customers with interests at stake before the Trump administration brought his family business nearly $12 million during the first two years of his presidency.””
Now there’s the reason he paid $750 in taxes in 2016 and 2017 and nothing for the 11 years previous. Because he didn’t make any money the previous years. No profit, no taxes. He was a LOSER. Failed businessman, stooping to burger ads and a reality show to keep his head above water and maintain the illusion. After he was president is when he started to make money. From even before the inauguration, foreign governments were using his Post Office hotel to curry favor; renting space they never used just to launder cash into his private pockets. It was a violation of the contract he had for use of the hotel and still, nothing was done.
https://www.huffpost.com/entry/eric-trump-new-york-times-report_n_5f830e8ec5b6e5c31fffd36f
“Eric Trump on Sunday danced around questions from ABC News’ Jon Karl about an explosive New York Times report that hundreds of entities patronized Trump properties and scored federal contracts and favors from President Donald Trump and his administration.
In its investigation published Saturday, the Times found that more than 200 companies, special interest groups and foreign governments were “reaping benefits” while spending money at various Trump hotels, golf clubs and other businesses.”
They rent rooms that no one stays in, they rent conference rooms where no meetings take place. It’s all to launder money into Trump’s pocket and curry favor. Then they get contracts or Federal money of some sort.
“ Trump, who made his name in real estate, is drawn to subjects like international economic developments. Sanner highlights that material and tells the president what is in the intelligence for him, according to people familiar with her briefing style.“ What’s in it for him. Sounds familiar, no?
https://www.google.com/amp/s/www.seattletimes.com/nation-world/nation/for-spy-agencies-briefing-trump-is-a-test-of-holding-his-attention/%3famp=1