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Filed: K-1 Visa Country: United Kingdom
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Posted

Though he campaigned as the scourge of the elite who would come to Washington and drain the swamp, even before he takes office Donald Trump is establishing a new low when it comes to financial entanglements and the exploitation of government for personal financial gain. And he has sent a clear signal to those coming to work for him: Dont worry about ethics.

I want to point to a couple of stories out this morning that show us how resistant to transparency about its financial conflicts of interest the Trump administration is shaping up to be. First, from Josh Gerstein, we learn that the president-elect is considering an arrangement that can be labeled a trust but still allows him to use the presidency to increase his wealth:

Donald Trumps aides are considering a business arrangement that critics say would allow him or his appointees to sidestep conflict-of-interest laws governing the incoming administration and large investments in private-sector business.

Aides responsible for setting up ethics firewalls have held discussions with officials at the Office of Government Ethics about establishing whats known as a discretionary trust, according to two sources briefed on the talks.

Such an arrangement could allow Trump or his family members to reap some of the legal benefits of a blind trust, but could also give them some insight into how the Trump businesses are faring while also allowing Trump and his family to continue to make money from those investments.

It sounds a lot like what Trump has proposed before letting his kids run the business for him (yes, the kids who just got caught trying to sell access to themselves and their father) while Trump still reaps the financial benefit, and according to Gerstein the OGE is unlikely to approve it though as Trump himself has noted, many of the relevant rules dont apply to the president, so he can do what he wants. The key point is that there will still be ways for people governments, private interests to funnel money to Trump while hes president, and there will no shortage of actors eager to do so.

Donald Trump's many potential conflicts of interest, explained Play Video3:02

Donald Trump has a lot of potential conflicts of interest as president but there's no law that specifically requires a commander in chief to remove themselves from all of their business interests. The Fix's Peter W. Stevenson explains why presidents usually put their assets in a "blind trust" to avoid problems. (Peter Stevenson/The Washington Post)

I may sound like a broken record on this point, but the public absolutely needs to see Trumps tax returns if were ever to understand the full scope of his conflicts of interest. And make no mistake: He has no intention of letting us see them. Ever. His line about not being able to release them while hes being audited by the IRS was bogus the first time he said it and remains bogus today. When that audit is over, hell come up with an equally bogus excuse, or perhaps not bother coming up with one at all.

https://www.washingtonpost.com/blogs/plum-line/wp/2016/12/21/the-trump-administration-is-already-on-its-way-to-a-new-ethical-low/

Filed: Citizen (apr) Country: Russia
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Posted

Not really sure you can believe anything printed in the Washington Post.

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Posted

Not really sure you can believe anything printed in the Washington Post.

there are ways to rid yourself of such uncertainty. put down the kool aid, read the washington post, and fact check yourself whatever you read that doesn't sit right with you.

Filed: IR-1/CR-1 Visa Country: Ukraine
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Posted

there are ways to rid yourself of such uncertainty. put down the kool aid, read the washington post, and fact check yourself whatever you read that doesn't sit right with you.

Why even bother to fill your head with garbage? And then waste time with fake fact checkers such as snopes?

i will pass.

Posted

Why even bother to fill your head with garbage? And then waste time with fake fact checkers such as snopes?

i will pass.

i've long known diy research was not your forte. too much work for some fellas. i get it. life is hard learnin all on your own.

 

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