Trump Blind Trust

Discussion in 'Blazers OT Forum' started by Sedatedfork, Nov 22, 2016.

  1. Sedatedfork

    Sedatedfork Rip City Rhapsody

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    I don't think Trump is going to do this, which will create clear conflicts of interest and possibly could run afoul of the emoluments clause.

    http://fortune.com/2016/11/15/donald-trump-conflicts-interest-ethics/

    Trump Supporters: What do you think? Should Trump do a blind trust?

    Having his kids run his business is not a blind trust at all. If he doesn't do this, could the litigation that will ensue be a huge distracti0n. I am very interested in what the GOP will have to say about all this and perhaps the side show that could surround a Trump presidency. Kind of ironic that Trump campaigned against "corruption" but could basically end up having the aura of corruption surrounding his entire presidency if he doesn't put his businesses in the hands of a true blind trust.
     
  2. blue32

    blue32 Who wants a mustache ride?

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    Hell, half the continent wanted to put up an already proven corrupted politician taking money for favors and enriching her family through them.

    I fail to see why they should get upset about this. LOL.

    Now, if you are a Republican and you hated the fact that Clinton was corrupt, then you should view this with scrutiny until it gets settled.

    Edit:

    Ok... more info to this:

    "The conflicts of interest law—which carries federal criminal penalties—avoids those issues by exempting the President and Vice President from its provisions."

    "Well, if Congress thinks an abuse of power becomes obvious and outlandish, it could impeach him. Federal criminal bribery statutes apply to presidents, too, but only for egregious and blatant abuses. "

    "According to Painter, “every other President in modern times has tried as best they could to act as if the law did apply to them.” President Reagan, both Bushes, Clinton, and Obama, all used “blind trusts” to manage assets, he says."



    So this blind trust is not required.
     
  3. PtldPlatypus

    PtldPlatypus Let's go Baby Blazers! Staff Member Global Moderator Moderator

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    I don't think it's at all unreasonable to ask public servants to divest themselves of significant business interests while in office so as to avoid conflicts of interest. It will be frustrating if he refuses to accommodate this request.
     
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  4. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    The conflict of interest law does not apply, but the emoluments clause does apply.

    Trump is not going to divest himself or do a blind trust (which is pretty much impossible for his business).

    As Trump tweeted, this was all clear before the election. Voters decided they didn't care if the president uses the office to enrich himself.

    So he will. Not likely that congress will impeach him for it.

    barfo
     
  5. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    I don't think a blind trust can work. He would still have interest in the success of the Trump empire. The best case scenario would be selling his interest to his children at fair market value. There still will be some conflict, but not as much as if he owned the empire outright like he does now. Still not sure he would do that though.
     
  6. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    Trump is the kind of guy who does what he wants when he wants
     
  7. blue32

    blue32 Who wants a mustache ride?

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    Didn't you vote for Hillary?
     
  8. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    I didn't vote for Trump
     
  9. blue32

    blue32 Who wants a mustache ride?

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    You sir lack reading comprehension.
     
  10. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    And you sir lack an understanding of sarcasm
     
  11. blue32

    blue32 Who wants a mustache ride?

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    Great, so, did you vote for Hillary or not? Just curious. Would like to establish your moral viewpoint on ethics regarding the Presidency.
     
  12. Sedatedfork

    Sedatedfork Rip City Rhapsody

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    The problem with that is that the Trump organization's biggest asset is the Trump name (i.e. Donald Trump) and licensing. Places are paying to use Trump's name because of Donald Trump. I can't envision a situation where he would sell his assets and businesses to his children and not somehow be involved in the business. Which, I guess is why he is also balking at a blind trust.
     
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  13. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    Yes, I did
     
  14. blue32

    blue32 Who wants a mustache ride?

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    Fair enough. So, Trump not doing a blind trust shouldn't really bother you right?
     
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  15. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    And, similarly, any suggestion of corruption involving the Clinton Foundation shouldn't bother you any, right?

    And speaking of Foundations, the Trump Foundation just admitted to multiple illegal acts.

    barfo
     
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  16. blue32

    blue32 Who wants a mustache ride?

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    Clinton Foundation corruption does bother me, not sure why you are confused on my position.
     
  17. blue32

    blue32 Who wants a mustache ride?

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    Oh and Barfo to answer you about the Trump foundation. Had not heard about it. Seems rather different than the Clinton foundation corruption. Mainly because Trump's foundation actually admitted to the IRS in the FORMS that they did violate certain things.

    I guess the penalty for that is:
    "Such violations can carry penalties including excise taxes, and the charity leaders can be required to repay money that the charity spent on their behalf."

    Whereas the penalty for Clinton corruption, well, if they ever admit to it, will be unknown, other than not getting the White House.

    Both items stink, but if you can't see a huge difference here..... IDK what to tell ya.
     
  18. 3RA1N1AC

    3RA1N1AC 00110110 00111001

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    its this disconnect that confounds me. why is hillary, reviled as the most corrupt and plastic candidate of our generation, the measuring stick of what is right and wrong?

    both of them suck. just because one sucks more at something doesnt excuse the other.

    simple fact, trump will be our next president. EVERY american needs to hold HIM to task.
     
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  19. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Yeah, there's a big difference all right. One Foundation actually helps millions of people. Give you three guesses which of the two it is.

    barfo
     
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  20. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    You said that Chris Craig shouldn't be bothered by Trump's ethics issues because he voted for Clinton.
    By the same logic, you shouldn't be bothered by Clinton's ethics issues since you voted for Trump.

    barfo
     
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