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What does a TRUMP presidency look like?

Started by FunkMonk, November 08, 2016, 11:02:57 PM

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The Minsky Moment

Quote from: merithyn on January 11, 2017, 01:39:18 PM
Not according to that website. Only place they ranked in Europe was Russia... and they won.

Sherri Dillon is a DC tax lawyer.  The entire Russia office could close it wouldn't affect her.

The bigger issue is that the business plan is a complete joke.
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
--Joan Robinson

Valmy

Quote from: LaCroix on January 11, 2017, 01:32:36 PM
isn't it wrong to do the same things the republicans are criticized for doing?

Well it is tricky. Both parties have vast numbers of deplorables among their supporters. Once you go down the path of saying that whatever the worst examples of the other team have done you can pretty much justify anything.

But the Republicans (the voters anyway) deserve to eat shit for making Trump their nominee. So I think this is a gray area.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

Valmy

Quote from: The Minsky Moment on January 11, 2017, 01:43:19 PM

The bigger issue is that the business plan is a complete joke.

Yeah I wish people would care about this sort of thing more than the TMZ/conspiracy theory issues. But, you know, 'Murica.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

viper37

Quote from: derspiess on January 11, 2017, 12:01:49 PM
Show of hands-- who posted this fake news on Facebook?  And didn't Zuckerberg say he was gonna protect us against this stuff?
I did.  Because I don't think it's entirely false.  McCain did send the report to the FBI, after all.
And what CNN reported isn't false: Intelligence agencies did warn Trump and Obama about the report and summarized it.
Wether it's true or false, it was the CIA's duty to inform both presidents that this info was circulating in the first place and that they were investigating it.

As for the rest, given the level of truth Trump supporters are willing to accept, I see it as justification enough to serve them their own medicine.
I don't do meditation.  I drink alcohol to relax, like normal people.

If Microsoft Excel decided to stop working overnight, the world would practically end.


Syt

https://www.nytimes.com/2017/01/11/us/politics/trump-organization-business-conflicts.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=a-lede-package-region&region=top-news&WT.nav=top-news

QuoteSons to Run Trump Business via Trust; Ethicists Still See Conflict

WASHINGTON — President-elect Donald J. Trump, insisting he will not divest himself of his vast business empire as he prepares to assume the presidency, plans instead to turn over all of his business operations to a trust controlled by his two oldest sons and a longtime associate, top officials with his company said on Wednesday.

He will donate to the United States government all profits from foreign government payments to his hotels, the officials said, describing the arrangements as voluntary measures taken to answer concerns about potential conflicts of interest that would allow Mr. Trump to focus on running the country.

The Trump Organization will also refrain from entering into any new deals with foreign partners, his legal advisers said, backing off from an earlier claim by Mr. Trump that his company would have "no new deals" of any kind during his presidency. Instead, the Trump enterprise will have to clear any new transactions with an ethics adviser to be chosen by the president-elect in coming days. That ethics adviser will vet them for potential conflicts, using a standard that his advisers said had not yet been agreed upon.

The long-promised specifics Mr. Trump's advisers provided on Wednesday left dozens of unanswered questions about whether or how the incoming president would avoid conflicts as commander in chief.

And they fell short of the recommendations of ethics experts in both parties who have said the only way for Mr. Trump to genuinely eliminate potential conflicts is to place all his real estate holdings and other business ventures in a blind trust over which neither he nor his family has any control, severing him entirely from the enterprise. The explanations also raised fresh questions about whether Mr. Trump could leave office with his financial holdings more valuable than when he entered the White House.

Top officials with Mr. Trump's company detailed the plans on condition of anonymity to avoid pre-empting a news conference the president-elect is holding Wednesday at Trump Tower — his first in nearly six months.

Mr. Trump's influence over foreign and domestic policy as president has raised questions about whether American policy could affect his bottom line. For instance, he will oversee the regulation of banks, some of which lend money to his company, and he will have frequent contact with foreign heads of state, including some who run countries where he does business.

Ethics experts expressed severe disappointment with the plan described Wednesday, saying it fell short of what Mr. Trump needed to do to push aside the debate over conflicts of interest.

"He is setting up a constitutional crisis on the first day that he takes office," said Norman Eisen, who served as White House ethics adviser during the Obama administration and has been urging Mr. Trump to sell his properties or put them in a blind trust. "This is an invitation to scandal and corruption. Foreign money is going to flood through those loopholes."

Mr. Trump's legal advisers said in the morning briefing that they had concluded that such a move was simply not possible for reasons they did not fully explain. They made it clear that they thought none of the steps Mr. Trump was taking were required by law, arguing — as the president-elect has for months — that federal anti-conflict-of-interest statutes do not apply to him.

And in an unexpected move, they rejected the notion that he could be violating the emoluments clause of the Constitution, which prohibits federal government officials from taking payments or gifts from foreign governments, because of his business interests.

Mr. Trump's legal team, in the briefing, argued that it did not believe that this provision, which has rarely been tested in United States history, applies to "fair value exchanges," such as a payment on a hotel bill or golf course fee, based on standard rates.

The argument appeared to be an effort by Mr. Trump's legal team to avoid, or at least limit, the debate over whether he is violating the constitutional prohibition. But to try to avoid possible controversy, his advisers said Mr. Trump would donate all profit from foreign sources — but not all revenue — to the United States government at the end of each year. In answer to a question, they said they had not decided whether Mr. Trump would make a periodic public accounting of such donations.

Erwin Chemerinsky, the dean of the University of California, Irvine, School of Law, said the plan to turn over "profits" derived from foreign government payments to Mr. Trump's hotel was not sufficient to eliminate the constitutional issue.

"As soon as he receives the payment, he will have benefited, even if he later decides to give it away," Mr. Chemerinsky said. "This will mean he will have violated a provision of the Constitution."

Mr. Trump's legal team announced, but provided no detail on, a plan to name what they described as an "ethics adviser" who would evaluate new deals that the Trump Organization is negotiating within the United States and other aspects of the company's international operations.

His legal team said interviews were underway to select this ethics adviser and to set standards that would be used to evaluate new deals or other business decisions
. But the goal, his legal advisers said, is to try to avoid transactions that could create conflicts of interest, which in traditional government terms typically means special terms being offered, or benefits provided, in exchange for special consideration by a government official.

Mr. Trump's legal team did not discuss what, if any, possible tax implications might result from the transfer of his assets to an independent trust. They also did not immediately address whether Mr. Trump might try to seek a so-called certificate of divestiture from the United States government, which is intended to allow private citizens to enter the government without having to pay immediately taxes owed as a result of such moves.

No clarification was immediately provided, as well, as to who the beneficiaries of the trust would be, or if the trust would be irrevocable, meaning that only the beneficiaries could terminate or modify it.

Jared Kushner, Mr. Trump's son-in-law, plans to take a role in the White House as senior adviser to the president. On Monday, a lawyer for Mr. Kushner, a 36-year-old real estate executive, said he planned to sell some of his assets, whose identity and value are not known, into an irrevocable trust run by his mother, Seryl. In Mr. Kushner's case, his mother and siblings are the beneficiaries, raising questions about just how meaningful divestiture would be.

Mr. Trump's aides said they thought the president-elect was not bound by the same ethics disclosures and conflicts-of-interest concerns as Mr. Kushner.
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Proud owner of 42 Zoupa Points.

merithyn

Yesterday, upon the stair,
I met a man who wasn't there
He wasn't there again today
I wish, I wish he'd go away...

The Brain

Women want me. Men want to be with me.

DontSayBanana

Quote from: The Minsky Moment on January 11, 2017, 01:43:19 PM
Sherri Dillon is a DC tax lawyer.  The entire Russia office could close it wouldn't affect her.

The bigger issue is that the business plan is a complete joke.

Seriously.  Alluded to it by bringing "emoluments" into the speech, but completely steered away from the fact that the lease on the Old Post Office clearly states no federal official can be a lessee or benefit from the use of the building.

Also, I don't think I've seen anybody seriously argue that "simply paying a hotel bill" would amount to an emolument so much as dignitaries cancelling reservations at other hotels to stay at Trump's.
Experience bij!

dps

Quote from: Grey Fox on January 11, 2017, 12:01:42 PM
He's 70 years old. 70 years old people are not often coherent.

Are you really that stupid, or are you just an ass?

CountDeMoney

Quote from: DontSayBanana on January 11, 2017, 05:50:26 PM
Quote from: The Minsky Moment on January 11, 2017, 01:43:19 PM
Sherri Dillon is a DC tax lawyer.  The entire Russia office could close it wouldn't affect her.

The bigger issue is that the business plan is a complete joke.

Seriously.  Alluded to it by bringing "emoluments" into the speech, but completely steered away from the fact that the lease on the Old Post Office clearly states no federal official can be a lessee or benefit from the use of the building.

Also, I don't think I've seen anybody seriously argue that "simply paying a hotel bill" would amount to an emolument so much as dignitaries cancelling reservations at other hotels to stay at Trump's.

Third lien on Trump hotel brings alleged unpaid bills to over $5 million

11B4V

Quote from: merithyn on January 11, 2017, 01:36:48 PM
Quote from: LaCroix on January 11, 2017, 01:32:36 PM
isn't it wrong to do the same things the republicans are criticized for doing?

I've done the high road thing. It got me Trump. Now I'm going to laugh my ass off whenever something like this happens and I get to watch him frothing at the mouth over it.

Hip time to get down in the gutter and dirty.
"there's a long tradition of insulting people we disagree with here, and I'll be damned if I listen to your entreaties otherwise."-OVB

"Obviously not a Berkut-commanded armored column.  They're not all brewing."- CdM

"We've reached one of our phase lines after the firefight and it smells bad—meaning it's a little bit suspicious... Could be an amb—".

11B4V

Trump has too many skeletons in his closet to diss a major news agency like that. He'll wish he hadn't have done that.
"there's a long tradition of insulting people we disagree with here, and I'll be damned if I listen to your entreaties otherwise."-OVB

"Obviously not a Berkut-commanded armored column.  They're not all brewing."- CdM

"We've reached one of our phase lines after the firefight and it smells bad—meaning it's a little bit suspicious... Could be an amb—".

Grey Fox

Quote from: dps on January 11, 2017, 05:57:35 PM
Quote from: Grey Fox on January 11, 2017, 12:01:42 PM
He's 70 years old. 70 years old people are not often coherent.

Are you really that stupid, or are you just an ass?

Ageist.
Colonel Caliga is Awesome.

grumbler

Quote from: Grey Fox on January 11, 2017, 08:44:23 PM
Quote from: dps on January 11, 2017, 05:57:35 PM
Quote from: Grey Fox on January 11, 2017, 12:01:42 PM
He's 70 years old. 70 years old people are not often coherent.

Are you really that stupid, or are you just an ass?

Ageist.

Don't worry.  You'll almost certainly grow up some day.
The future is all around us, waiting, in moments of transition, to be born in moments of revelation. No one knows the shape of that future or where it will take us. We know only that it is always born in pain.   -G'Kar

Bayraktar!