If you measure President Donald Trump’s conflicts of interest by the amount of money at stake, or the variety of dicey interactions with government regulators, one dwarfs any other: his relationship with Deutsche Bank. The bank hoped to eliminate the president’s personal guarantee on loans. But such a move would not eliminate the conflict of interest, since the president’s company, which Trump still owns, would remain on the hook to pay back the loans.
Trump said he would maintain ownership of his global business empire but hand off control to his two oldest sons while president, an arrangement that watchdogs said would not prevent conflicts of interest in the White House.
Since 1980, the family foundations of billionaire industrialist Charles Koch have gifted roughly $200 million to U.S. colleges and universities, largely to promote libertarian, free-market economics programs around the nation.
Joining a long list of concerned media voices, The New York Times’ editorial page this week linked up with the Beltway chorus to express alarm over the Clinton Foundation and the “question” it presents for Democratic presidential nominee Hillary Clinton’s campaign.
You don’t have to be in “Who’s Who” to know what’s what. For example, if tiny groups of Wall Street bankers, billionaires and their political puppets are allowed to write the rules that govern our economy and elections, guess what? Only bankers, billionaires and puppets will profit from those rules.
In case you still had faith in the political media machine’s integrity, several big outlets have cleared up that misconception for you, by offering news interviews for sale at the Democratic and Republican conventions.
The court ruled 8-0 in overturning McDonnell’s conviction for accepting $177,000 in luxury gifts and sweetheart loans for him and his wife from a wealthy Richmond businessman seeking to promote a dietary supplement, finding that it did not constitute a criminal act under federal bribery law.
Trump loaned his campaign $11.5 million in March, his largest one-month loan of the campaign. After that, his monthly contributions started decreasing: $7.5 million in April, and just $2.2 million in May. June was the first month the Trump campaign took in more from donations ($3.1 million) than it did from Trump’s loans.
Fundraising has become Trump’s priority: He’s spending his time fundraising in solidly Republican states instead of focusing on battleground ones, and last week, Trump and RNC Chairman Reince Preibus went on a Southern fundraising tour.
On Tuesday, a list of 426 groups singled out for extra scrutiny when applying for tax-exempt status was made publicly available. Why the extra scrutiny? Because these 501(c)(4)s are supposed to be primarily focused on “social welfare,” they are legally allowed to keep their donors secret.
It won’t be pretty. But Donald is desperate: he needs hundreds of millions of dollars, probably more, to become a viable presidential candidate. And for him, this is all one big deal. As long as he comes out on top, he’ll sell the American people to the highest bidder.
Since April 11, hundreds of protesters have stood outside the U.S. Capitol, protesting political corruption and getting arrested in scores. Over the past week, over 1,000 protesters were arrested not far from the steps of the Capitol.
There’s no need to convince the American people that they’ve been stiffed. As they reveal in poll after poll, they know it, for they’re experiencing it personally, and they’re furious at the business-as-usual establishment that has done it to them.
Congress’ lower house opened impeachment proceedings last week against the unpopular Rousseff based on opposition allegations that she deliberately manipulated government accounts to boost her chances of reelection to a second term in 2014.