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American Politics Lounge - Donald Trump Is US President-Elect ! - Foreign Affairs (392) - Nairaland

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Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 9:39am On Jun 10, 2017
KratosCorp:




Then surely you will admit that Obama is a genius given the fact that he achieved what he achieved even though he did not have a father who inherited him a fortune. grin

2 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by AHCB: 9:43am On Jun 10, 2017
Mindfulness:


4-8 years are a very long time in politics.

Bush succeeded to take the country into a severe recession and create chaos in the Middle East based on lies of WMD.

It is the best thing that can happen to America and the world if this incompetent fo.ol gets nothing done.

Paul Ryan confirmed it:

He said that Trump did not mean to break protocol by speaking to directly to Comey - 'He’s new to government'.

In other words: He is clueless. grin

You believe Hilary would have been better?

3 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 9:56am On Jun 10, 2017
AHCB:
You believe Hilary would have been better?

Better than Trump? Maybe! Good? NO!
I can't stand the Clinton clan either.

i think it would be best for America to have proportional representation so that they will not have to choose between pest and cholera.

1 Like

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by KratosCorp: 9:58am On Jun 10, 2017
Not at all. Obama's disadvantaged background was actually an advantage to his political career given that he found himself in an enviroment where fairness is institutionalized and white-guilt was made an unwritten code.

Problem is, Obama messed up the chance, and took the liberal black community politically backward. Reality is, it will now take decades - if not a century - for the black liberals to produce another POTUS.

Regarding Trump, it's a shame that you libtards don't realize that his father was never among the wealthiest folks in the US.

I understand that it's life threatening to you libtards, but do try to abstain from the brainwashing of the MSM for a while, and conduct a bit of independent research on on the contemporary wealthy Americans (especially the multi-millionares) in the era of Trump's father.

Then let me know how many of the children of those millionares were able to not only sustain their parents' millions but actually managed to grow it into billions and handed the legacy to the third generation.

Go ahead, do your own research and think independently for once.


Mindfulness:


Then surely you will admit that Obama is a genius given the fact that he achieved what he achieved even though he did not have a father who inherited him a fortune. grin

3 Likes 1 Share

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 10:00am On Jun 10, 2017
KratosCorp:
Not at all. Obama's disadvantaged background was actually an advantage to his political career given that he found himself in an enviroment where fairness is institutionalized and white-guilt was made an unwritten code.

Problem is, Obama messed up the chance, and took the liberal black community politically backward. Reality is, it will now take decades - if not a century - for the black liberals to produce another POTUS.

Regarding Trump, it's a shame that you libtards don't realize that his father was never among the wealthiest folks in the US.

I understand that it's life threatening to you libtards, but do try to abstain from the brainwashing of the MSM for a while, and conduct a bit of independent research on on the contemporary wealthy Americans (especially the multi-millionares) in the era of Trump's father.

Then let me know how many of the children of those millionares were able to not only sustain their parents' millions but actually managed to grow it into billions and handed the legacy to the third generation.

Go ahead, do your own research and think independently for once.



So Obama's background is an advantage but Trump's inherited millions are not? grin

By the way, I still have your gayish photos saved. grin

Go back to family section and pretend to be the alpha male that you are not and never will be or else I will shred you to pieces again. wink kiss

1 Like

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by KratosCorp: 10:13am On Jun 10, 2017
Of course, when a demented little girl with daddy-issuees fails to have a grasp on coherency, she starts flinging empty threats about some nonsensical idiocy.

Mindfulness:


So Obama's background is an advantage but Trump's inherited millions are not? grin

By the way, I still have your gayish photos saved. grin

Go back to family section and pretend to be the alpha male that you are not and never will be or else I will shred you to pieces again. wink kiss

4 Likes 1 Share

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by AHCB: 10:36am On Jun 10, 2017
Mindfulness:


Better than Trump? Maybe! Good? NO!
I can't stand the Clinton clan either.

i think it would be best for America to have proportional representation so that they will not have to choose between pest and cholera.
LMAO! That's how politics is, you choose between bad and evil. Same thing happened here in Nigeria.

Can you elucidate further on what you mean by proportional representation?

1 Like

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 10:50am On Jun 10, 2017
KratosCorp:
Of course, when a demented little girl with daddy-issuees fails to have a grasp on coherency, she starts flinging empty threats about some nonsensical idiocy.


Your nonsensical i.diocy and leave my daddy out of it.

3 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 11:04am On Jun 10, 2017
AHCB:
LMAO! That's how politics is, you choose between bad and evil.

Sometimes.

Same thing happened here in Nigeria.

Very true!


Can you elucidate further on what you mean by proportional representation?

Proportional representation is the idea that seats in parliament should be allocated so that they are in proportion to the votes cast. In this way, it is ensured that even smaller parties can be represented in parliament as long as they do not miss a certain mark (which tends to be rather low depending if it is a general or local election). With several parties there is more choice and voters are more likely to find a party that does represent their major political convictions than would be possible in a two-party system.
Re: American Politics Lounge - Donald Trump Is US President-Elect ! by schwarzkopf(m): 11:24am On Jun 10, 2017
Mindfulness:


Then surely you will admit that Obama is a genius given the fact that he achieved what he achieved even though he did not have a father who inherited him a fortune. grin

That never do well is a waste of conception, the coward have been avoiding my venom like a sissy for eons.

4 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 11:39am On Jun 10, 2017
schwarzkopf:


That never do well is a waste of conception, the coward have been avoiding my venom like a sissy for eons.

He has got serial issues. He suffers from a severe inferiority complex. He was parading on family section trying hard to prove his manliness but his own dumbness led to his downfall.

Have you seen it, yet?

How Donald Trump Shifted Kids-Cancer Charity Money Into His Business

LIKE AUTUMN LEAVES, sponsored Cadillacs, Ferraris and Maseratis descend on the Trump National Golf Club in Westchester County, New York, in September for the Eric Trump Foundation golf invitational. Year after year, the formula is consistent: 18 holes of perfectly trimmed fairways with a dose of Trumpian tackiness, including Hooters waitresses and cigar spreads, followed by a clubhouse dinner, dates encouraged. The crowd leans toward real estate insiders, family friends and C-list celebrities, such as former baseball slugger Darryl Strawberry and reality housewife (and bankruptcy-fraud felon) Teresa Giudice.

The real star of the day is Eric Trump, the president's second son and now the co-head of the Trump Organization, who has hosted this event for ten years on behalf of the St. Jude Children's Research Hospital in Memphis. He's done a ton of good: To date, he's directed more than $11 million there, the vast majority of it via this annual golf event. He has also helped raise another $5 million through events with other organizations.

The best part about all this, according to Eric Trump, is the charity's efficiency: Because he can get his family's golf course for free and have most of the other costs donated, virtually all the money contributed will go toward helping kids with cancer. "We get to use our assets 100% free of charge," Trump tells Forbes.

That's not the case. In reviewing filings from the Eric Trump Foundation and other charities, it's clear that the course wasn't free--that the Trump Organization received payments for its use, part of more than $1.2 million that has no documented recipients past the Trump Organization. Golf charity experts say the listed expenses defy any reasonable cost justification for a one-day golf tournament.

Additionally, the Donald J. Trump Foundation, which has come under previous scrutiny for self-dealing and advancing the interests of its namesake rather than those of charity, apparently used the Eric Trump Foundation to funnel $100,000 in donations into revenue for the Trump Organization.

And while donors to the Eric Trump Foundation were told their money was going to help sick kids, more than $500,000 was re-donated to other charities, many of which were connected to Trump family members or interests, including at least four groups that subsequently paid to hold golf tournaments at Trump courses.

All of this seems to defy federal tax rules and state laws that ban self-dealing and misleading donors. It also raises larger questions about the Trump family dynamics and whether Eric and his brother, Don Jr., can be truly independent of their father.

Especially since the person who specifically commanded that the for-profit Trump Organization start billing hundreds of thousands of dollars to the nonprofit Eric Trump Foundation, according to two people directly involved, was none other than the current president of the United States, Donald Trump.

IN ORDER TO understand the Eric Trump Foundation, you need to understand the Donald J. Trump Foundation. The president was never known for giving his foundation much money, and from 2009 to 2014, he didn't give it anything at all. Outsiders still donated, though, allowing Trump to dole out their money to a smattering of more than 200 charities as if it were his own, with many of the donations helping his business interests.

Eric Trump set out to do things differently. Coming out of Georgetown, he decided he would try to translate the good fortune he had inherited into support for children's cancer research. Why this cause, especially for a guy who still doesn't have kids? "It's a great question--it's one that I've been asked before--and I'm not really sure," he says. "I think there is something about that innocence that has always affected me." After visiting various hospitals, he chose to give to strength, St. Jude, the world's best-known pediatric cancer center.

Eric Trump set up his foundation as a public charity, a classification that allows it to raise most of its money from outside donors. In 2007, when he was 23, the first Eric Trump golf tournament took place, raising $220,000. A compelling sales pitch evolved--the free golf course and the donated goods and services assured donors that every penny possible went to charity. The Eric Trump Foundation employed no staff until 2015, and its annual expense ratio averaged 13%, about half of what most charities pay in overhead. His original seven-person board was made up of personal friends, an innocuous lot who helped sell tournament tickets, which last year ranged from $3,000 for a single all-day ticket to $100,000 for a pair of VIP foursomes.

For the first four years of the golf tournament, from 2007 to 2010, the total expenses averaged about $50,000, according to the tax filings. Not quite the zero-cost advantage that a donor might expect given who owned the club but at least in line with what other charities pay to host outings at Trump courses, according to a review of ten tax filings for other charitable organizations.

But in 2011, things took a turn. Costs for Eric Trump's tournament jumped from $46,000 to $142,000, according to the foundation's IRS filings. Why would the price of the tournament suddenly triple in one year? "In the early years, they weren't being billed [for the club]--the bills would just disappear," says Ian Gillule, who served as membership and marketing director at Trump National Westchester during two stints from 2006 to 2015 and witnessed how Donald Trump reacted to the tournament's economics. "Mr. Trump had a cow. He flipped. He was like, 'We're donating all of this stuff, and there's no paper trail? No credit?' And he went nuts. He said, 'I don't care if it's my son or not--everybody gets billed.' "

Katrina Kaupp, who served on the board of directors at the Eric Trump Foundation in 2010 and 2011, also remembers Donald Trump insisting the charity start paying its own way, despite Eric's public claims to the contrary. "We did have to cover the expenses," she says. "The charity had grown so much that the Trump Organization couldn't absorb all of those costs anymore." The Trump Organization declined to answer detailed questions about the payments. But it seems that for the future president, who Forbes estimates is worth $3.5 billion, a freebie to help his son directly fight kids' cancer took a backseat to revenue.

"I saw that Eric was getting billed," Gillule adds. "I would always say, 'I can't believe that his dad is billing him for a charitable outing.' But that's what they wanted."

It's also very consistent. The Donald J. Trump Foundation famously acted like an arm of the overall business, using the charity's money to settle a Trump business lawsuit, make a political donation and even purchase expensive portraits of its namesake. Meanwhile, Trump businesses billed the Trump campaign, fueled by small outside donors, more than $11 million to use his properties, chefs and private aircraft.

At first the extra bills did not cost the Eric Trump Foundation anything. Shortly before the spike in costs, the Donald J. Trump Foundation donated $100,000 to the Eric Trump Foundation--a gift explicitly made, according to Gillule, to offset the increased budget. Thus, the Eric Trump donors were still seeing their money go to work for kids along the same lines as previous years.

The Eric Trump Foundation declined to comment on that donation. In effect, though, this maneuver would appear to have more in common with a drug cartel's money-laundering operation than a charity's best-practices textbook. That $100,000 in outside donations to the Donald J. Trump Foundation (remember: Trump himself didn't give to his own foundation at this time) passed through the Eric Trump Foundation--and wound up in the coffers of Donald Trump's private businesses.

"His father, Mr. Trump, always, until the presidency, had a very, very tight rein on what was going on," says Gillule, referring to the company's golf courses. "The buck always stopped with him."

THE COSTS FOR ERIC'S golf tournament quickly escalated. After returning, in 2012, to a more modest $59,000--while the event brought in a record $2 million--the listed costs exploded to $230,000 in 2013, $242,000 in 2014 and finally $322,000 in 2015 (the most recent on record, held just as Trump was ratcheting up his presidential campaign), according to IRS filings. This even though the amount raised at these events, in fact, never reached that 2012 high.

It's hard to find an explanation for this cost spike. Remember, all those base costs were supposedly free, according to Eric Trump. The golf course? "Always comped," he says. The merchandise for golfers: "The vast majority of it we got comped." Drinks: "Things like wine we were normally able to get donated." And the evening performances from musicians like Dee Snider of Twisted Sister and comedians like Gilbert Gottfried: "They did it for free." So many sponsors donated, in fact, that the event invitation has carried enough logos to make a Nascar team proud.

Eric Trump, in speaking with Forbes, maintains that "our expenses on a tournament that made us somewhere in the $2 million range every year was somewhere around 100 grand," even though his foundation's tax records show costs soaring to $322,000. When asked for an itemized list of expenses, the Eric Trump Foundation declined to respond.

Thus it's hard to figure out what happened to the money. All the listed costs are direct expenses: Items like overhead and salaries appear elsewhere in its IRS filings. Even if the Eric Trump Foundation had to pay the full rate for literally everything, Forbes couldn't come up with a plausible path to $322,000 given the parameters of the annual event (a golf outing for about 200 and dinner for perhaps 400 more). Neither could golf tournament experts or the former head golf professional at Trump National Westchester. "If you gave me that much money to run a tournament, I couldn't imagine what we could do," says Patrick Langan, who worked at the club from 2006 to 2015. "It certainly wasn't done that way."

Opaque accounting doesn't help, as the Eric Trump Foundation began hosting a few other golf events and fundraisers; former board member Kaupp says some were lumped into the cost figures of the Westchester event on the IRS filings. Hundreds of thousands of dollars over this time went directly to the Trump Organization, including one payment of $87,000 to Trump's golf course in Washington, D.C., which hosted a separate event for St. Jude.

For his part, Eric Trump offers no indication that the charity is paying for much beyond the day in Westchester. "I'm sure if I hunted, I could find examples of expenses associated with the charity that aren't due to day-of activities," he says. "But I would probably have to think pretty long and hard about that."

IT DOESN'T SEEM A COINCIDENCE that at the same time the Eric Trump Foundation went from what appeared to be a clean, efficient operation to a seemingly Byzantine one that suddenly found itself saddled with costs, there was a clear shift of control.

In 2010, the year the economics of the tournament suddenly pivoted, four of the seven original board members, who were personal friends of Eric, left. Those 4 were eventually replaced by 14 new board members, the majority of whom owed all or much of their livelihoods to the Trump Organization. Six of them were effectively full-time employees, including Trump lawyer Michael Cohen and executive vice president Dan Scavino Jr., who both serve in political roles for President Trump. Another owns a company that billed the Trump campaign $16 million. Add in Eric himself, as well as his wife, Lara, and 9 of the 17 Eric Trump Foundation board members had a vested interest in the moneymaking side of the Trump empire. The foundation had become a de facto subsidiary of the Trump Organization.

"They were wearing two hats," says Langan, the former director of golf, who says he sat in on meetings where he couldn't tell where the business ended and the charity began. "You're dealing with people talking about the event and the charity who also at the same time are thinking about it as a corporation and as a business. It's a for-profit club. You know, they're trying to make money."

https://www.forbes.com/sites/danalexander/2017/06/06/how-donald-trump-shifted-kids-cancer-charity-money-into-his-business/#537fa1e26b4a


What were Trump's crowds chanting again? Lock her up?
I hope they hold their candidate to the same standards now.

1 Like 1 Share

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 11:58am On Jun 10, 2017
Mindfulness:



https://www.forbes.com/sites/danalexander/2017/06/06/how-donald-trump-shifted-kids-cancer-charity-money-into-his-business/#537fa1e26b4a


What were Trump's crowds chanting again? Lock her up?
I hope they hold their candidate to the same standards now.

those dyed in the wool hypocrites? if this was hillary or obama, they would be up in arms. instead they are eating faux news nothingburgers

4 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 12:04pm On Jun 10, 2017
oyb:


those dyed in the wool hypocrites? if this was hillary or obama, they would be up in arms. instead they are eating faux news nothingburgers

I think both camps can be blamed for looking the other way when their candidate/party does something illegal/immoral.

1 Like

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 12:12pm On Jun 10, 2017
Mindfulness:


I think both camps can be blamed for looking the other way when their candidate/party does something illegal/immoral.

not so sure about that

no one stood by edwards after his scandal

no one made any defence when blajovich tried to sell obamas seat.

just two off the top of my head.

3 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 12:28pm On Jun 10, 2017
oyb:


not so sure about that

no one stood by edwards after his scandal

no one made any defence when blajovich tried to sell obamas seat.

just two off the top of my head.

Ok.
Re: American Politics Lounge - Donald Trump Is US President-Elect ! by KratosCorp: 2:28pm On Jun 10, 2017
Another pile of media porn.

Go ahead llibtards. Masturbate all you want.

But make no mistakes: TRUMP is your POTUS till 2024. And after that, you'd have to deal with PENCE for another 8 years. And Pray that Don Jr.would not become the VP to PENCE. .


[s]
Mindfulness:


He has got serial issues. He suffers from a severe inferiority complex. He was parading on family section trying hard to prove his manliness but his own dumbness led to his downfall.

Have you seen it, yet?

How Donald Trump Shifted Kids-Cancer Charity Money Into His Business

LIKE AUTUMN LEAVES, sponsored Cadillacs, Ferraris and Maseratis descend on the Trump National Golf Club in Westchester County, New York, in September for the Eric Trump Foundation golf invitational. Year after year, the formula is consistent: 18 holes of perfectly trimmed fairways with a dose of Trumpian tackiness, including Hooters waitresses and cigar spreads, followed by a clubhouse dinner, dates encouraged. The crowd leans toward real estate insiders, family friends and C-list celebrities, such as former baseball slugger Darryl Strawberry and reality housewife (and bankruptcy-fraud felon) Teresa Giudice.

The real star of the day is Eric Trump, the president's second son and now the co-head of the Trump Organization, who has hosted this event for ten years on behalf of the St. Jude Children's Research Hospital in Memphis. He's done a ton of good: To date, he's directed more than $11 million there, the vast majority of it via this annual golf event. He has also helped raise another $5 million through events with other organizations.

The best part about all this, according to Eric Trump, is the charity's efficiency: Because he can get his family's golf course for free and have most of the other costs donated, virtually all the money contributed will go toward helping kids with cancer. "We get to use our assets 100% free of charge," Trump tells Forbes.

That's not the case. In reviewing filings from the Eric Trump Foundation and other charities, it's clear that the course wasn't free--that the Trump Organization received payments for its use, part of more than $1.2 million that has no documented recipients past the Trump Organization. Golf charity experts say the listed expenses defy any reasonable cost justification for a one-day golf tournament.

Additionally, the Donald J. Trump Foundation, which has come under previous scrutiny for self-dealing and advancing the interests of its namesake rather than those of charity, apparently used the Eric Trump Foundation to funnel $100,000 in donations into revenue for the Trump Organization.

And while donors to the Eric Trump Foundation were told their money was going to help sick kids, more than $500,000 was re-donated to other charities, many of which were connected to Trump family members or interests, including at least four groups that subsequently paid to hold golf tournaments at Trump courses.

All of this seems to defy federal tax rules and state laws that ban self-dealing and misleading donors. It also raises larger questions about the Trump family dynamics and whether Eric and his brother, Don Jr., can be truly independent of their father.

Especially since the person who specifically commanded that the for-profit Trump Organization start billing hundreds of thousands of dollars to the nonprofit Eric Trump Foundation, according to two people directly involved, was none other than the current president of the United States, Donald Trump.

IN ORDER TO understand the Eric Trump Foundation, you need to understand the Donald J. Trump Foundation. The president was never known for giving his foundation much money, and from 2009 to 2014, he didn't give it anything at all. Outsiders still donated, though, allowing Trump to dole out their money to a smattering of more than 200 charities as if it were his own, with many of the donations helping his business interests.

Eric Trump set out to do things differently. Coming out of Georgetown, he decided he would try to translate the good fortune he had inherited into support for children's cancer research. Why this cause, especially for a guy who still doesn't have kids? "It's a great question--it's one that I've been asked before--and I'm not really sure," he says. "I think there is something about that innocence that has always affected me." After visiting various hospitals, he chose to give to strength, St. Jude, the world's best-known pediatric cancer center.

Eric Trump set up his foundation as a public charity, a classification that allows it to raise most of its money from outside donors. In 2007, when he was 23, the first Eric Trump golf tournament took place, raising $220,000. A compelling sales pitch evolved--the free golf course and the donated goods and services assured donors that every penny possible went to charity. The Eric Trump Foundation employed no staff until 2015, and its annual expense ratio averaged 13%, about half of what most charities pay in overhead. His original seven-person board was made up of personal friends, an innocuous lot who helped sell tournament tickets, which last year ranged from $3,000 for a single all-day ticket to $100,000 for a pair of VIP foursomes.

For the first four years of the golf tournament, from 2007 to 2010, the total expenses averaged about $50,000, according to the tax filings. Not quite the zero-cost advantage that a donor might expect given who owned the club but at least in line with what other charities pay to host outings at Trump courses, according to a review of ten tax filings for other charitable organizations.

But in 2011, things took a turn. Costs for Eric Trump's tournament jumped from $46,000 to $142,000, according to the foundation's IRS filings. Why would the price of the tournament suddenly triple in one year? "In the early years, they weren't being billed [for the club]--the bills would just disappear," says Ian Gillule, who served as membership and marketing director at Trump National Westchester during two stints from 2006 to 2015 and witnessed how Donald Trump reacted to the tournament's economics. "Mr. Trump had a cow. He flipped. He was like, 'We're donating all of this stuff, and there's no paper trail? No credit?' And he went nuts. He said, 'I don't care if it's my son or not--everybody gets billed.' "

Katrina Kaupp, who served on the board of directors at the Eric Trump Foundation in 2010 and 2011, also remembers Donald Trump insisting the charity start paying its own way, despite Eric's public claims to the contrary. "We did have to cover the expenses," she says. "The charity had grown so much that the Trump Organization couldn't absorb all of those costs anymore." The Trump Organization declined to answer detailed questions about the payments. But it seems that for the future president, who Forbes estimates is worth $3.5 billion, a freebie to help his son directly fight kids' cancer took a backseat to revenue.

"I saw that Eric was getting billed," Gillule adds. "I would always say, 'I can't believe that his dad is billing him for a charitable outing.' But that's what they wanted."

It's also very consistent. The Donald J. Trump Foundation famously acted like an arm of the overall business, using the charity's money to settle a Trump business lawsuit, make a political donation and even purchase expensive portraits of its namesake. Meanwhile, Trump businesses billed the Trump campaign, fueled by small outside donors, more than $11 million to use his properties, chefs and private aircraft.

At first the extra bills did not cost the Eric Trump Foundation anything. Shortly before the spike in costs, the Donald J. Trump Foundation donated $100,000 to the Eric Trump Foundation--a gift explicitly made, according to Gillule, to offset the increased budget. Thus, the Eric Trump donors were still seeing their money go to work for kids along the same lines as previous years.

The Eric Trump Foundation declined to comment on that donation. In effect, though, this maneuver would appear to have more in common with a drug cartel's money-laundering operation than a charity's best-practices textbook. That $100,000 in outside donations to the Donald J. Trump Foundation (remember: Trump himself didn't give to his own foundation at this time) passed through the Eric Trump Foundation--and wound up in the coffers of Donald Trump's private businesses.

"His father, Mr. Trump, always, until the presidency, had a very, very tight rein on what was going on," says Gillule, referring to the company's golf courses. "The buck always stopped with him."

THE COSTS FOR ERIC'S golf tournament quickly escalated. After returning, in 2012, to a more modest $59,000--while the event brought in a record $2 million--the listed costs exploded to $230,000 in 2013, $242,000 in 2014 and finally $322,000 in 2015 (the most recent on record, held just as Trump was ratcheting up his presidential campaign), according to IRS filings. This even though the amount raised at these events, in fact, never reached that 2012 high.

It's hard to find an explanation for this cost spike. Remember, all those base costs were supposedly free, according to Eric Trump. The golf course? "Always comped," he says. The merchandise for golfers: "The vast majority of it we got comped." Drinks: "Things like wine we were normally able to get donated." And the evening performances from musicians like Dee Snider of Twisted Sister and comedians like Gilbert Gottfried: "They did it for free." So many sponsors donated, in fact, that the event invitation has carried enough logos to make a Nascar team proud.

Eric Trump, in speaking with Forbes, maintains that "our expenses on a tournament that made us somewhere in the $2 million range every year was somewhere around 100 grand," even though his foundation's tax records show costs soaring to $322,000. When asked for an itemized list of expenses, the Eric Trump Foundation declined to respond.

Thus it's hard to figure out what happened to the money. All the listed costs are direct expenses: Items like overhead and salaries appear elsewhere in its IRS filings. Even if the Eric Trump Foundation had to pay the full rate for literally everything, Forbes couldn't come up with a plausible path to $322,000 given the parameters of the annual event (a golf outing for about 200 and dinner for perhaps 400 more). Neither could golf tournament experts or the former head golf professional at Trump National Westchester. "If you gave me that much money to run a tournament, I couldn't imagine what we could do," says Patrick Langan, who worked at the club from 2006 to 2015. "It certainly wasn't done that way."

Opaque accounting doesn't help, as the Eric Trump Foundation began hosting a few other golf events and fundraisers; former board member Kaupp says some were lumped into the cost figures of the Westchester event on the IRS filings. Hundreds of thousands of dollars over this time went directly to the Trump Organization, including one payment of $87,000 to Trump's golf course in Washington, D.C., which hosted a separate event for St. Jude.

For his part, Eric Trump offers no indication that the charity is paying for much beyond the day in Westchester. "I'm sure if I hunted, I could find examples of expenses associated with the charity that aren't due to day-of activities," he says. "But I would probably have to think pretty long and hard about that."

IT DOESN'T SEEM A COINCIDENCE that at the same time the Eric Trump Foundation went from what appeared to be a clean, efficient operation to a seemingly Byzantine one that suddenly found itself saddled with costs, there was a clear shift of control.

In 2010, the year the economics of the tournament suddenly pivoted, four of the seven original board members, who were personal friends of Eric, left. Those 4 were eventually replaced by 14 new board members, the majority of whom owed all or much of their livelihoods to the Trump Organization. Six of them were effectively full-time employees, including Trump lawyer Michael Cohen and executive vice president Dan Scavino Jr., who both serve in political roles for President Trump. Another owns a company that billed the Trump campaign $16 million. Add in Eric himself, as well as his wife, Lara, and 9 of the 17 Eric Trump Foundation board members had a vested interest in the moneymaking side of the Trump empire. The foundation had become a de facto subsidiary of the Trump Organization.

"They were wearing two hats," says Langan, the former director of golf, who says he sat in on meetings where he couldn't tell where the business ended and the charity began. "You're dealing with people talking about the event and the charity who also at the same time are thinking about it as a corporation and as a business. It's a for-profit club. You know, they're trying to make money."

https://www.forbes.com/sites/danalexander/2017/06/06/how-donald-trump-shifted-kids-cancer-charity-money-into-his-business/#537fa1e26b4a


What were Trump's crowds chanting again? Lock her up?
I hope they hold their candidate to the same standards now.
[/s]

2 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by happney65: 4:53pm On Jun 10, 2017
KratosCorp:
Not at all. Obama's disadvantaged background was actually an advantage to his political career given that he found himself in an enviroment where fairness is institutionalized and white-guilt was made an unwritten code.

Problem is, Obama messed up the chance, and took the liberal black community politically backward. Reality is, it will now take decades - if not a century - for the black liberals to produce another POTUS.

Regarding Trump, it's a shame that you libtards don't realize that his father was never among the wealthiest folks in the US.

I understand that it's life threatening to you libtards, but do try to abstain from the brainwashing of the MSM for a while, and conduct a bit of independent research on on the contemporary wealthy Americans (especially the multi-millionares) in the era of Trump's father.

Then let me know how many of the children of those millionares were able to not only sustain their parents' millions but actually managed to grow it into billions and handed the legacy to the third generation.

Go ahead, do your own research and think independently for once.



How did Obama mess up the chance..How?A Guy that left the Presidency with very high approval ratings not like ur yeye Republican Bush..A guy that is still far more popular than ur current yeye president....

Some People will sha be saying very very wrong.and stupid things sha

Habaaaa

1 Like 1 Share

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by KratosCorp: 6:17pm On Jun 10, 2017
Far more popular? grin

You actually have no idea what is happening around you.

happney65:


How did Obama mess up the chance..How?A Guy that left the Presidency with very high approval ratings not like ur yeye Republican Bush..A guy that is still far more popular than ur current yeye president....

Some People will sha be saying very very wrong.and stupid things sha

Habaaaa
Re: American Politics Lounge - Donald Trump Is US President-Elect ! by vedaxcool(m): 6:22pm On Jun 10, 2017
Mindfulness:


So Obama's background is an advantage but Trump's inherited millions are not? grin

By the way, I still have your gayish photos saved. grin

Go back to family section and pretend to be the alpha male that you are not and never will be or else I will shred you to pieces again. wink kiss

Gay kwa? Do you mean we should call him. hypocrite Gaytoscorp? Abeg release the Russian peepee photos grin grin

3 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by happney65: 6:42pm On Jun 10, 2017
KratosCorp:
Far more popular? grin

You actually have no idea what is happening around you.


So Bush and Trump are more popular than Obama?I wont blame you,you live in the world of alternative reality..
Re: American Politics Lounge - Donald Trump Is US President-Elect ! by KratosCorp: 6:48pm On Jun 10, 2017
Go on with your delusion. I'm sure you won't turn from your slumber until 2018.

happney65:


So Bush and Trump are more popular than Obama?I wont blame you,you live in the world of alternative reality..
Re: American Politics Lounge - Donald Trump Is US President-Elect ! by happney65: 7:00pm On Jun 10, 2017
KratosCorp:
Go on with your delusion. I'm sure you won't turn from your slumber until 2018.

grin grin grin..He pain am... grin grin

1 Like

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by PDPGuy: 10:36pm On Jun 10, 2017
Mr Kasowitz charges $1500/hour and yet, he can't spell the DNI's name right cheesy

3 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by raumdeuter: 11:23pm On Jun 10, 2017
armyofone:
The whole thing is becoming a circus/reality TV show, waste of time and tax payers money.

Is'nt that what Democrats want? The bottom line is they don't want to admit they lost the election fairly. The ruse about the recount, the Comey investigation, Russia this Russia that

Democrats lost control of everywhere under Obama and its only logical they will lose the presidency.

Democratic U.S. Senate seats fell from 55 to 46. Their share of the House went from 256 seats to 194. Democratic governorship slipped from 28 to 16.
Were all these influenced by Russia? States that haven't voted Republican for almost 30yrs were switching because of the failed liberal policies.

And with the way the liberal snowflakes are going they are guaranteed to lose more if Nancy Pelosi is their leader

Liberals are seen as a group of idealists who have lost touch with the real people

Look at the Trump electoral map and that will tell you what America thinks about Liberals

7 Likes 3 Shares

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by TheShopKeeper(m): 12:16am On Jun 11, 2017
Sessions to appear before Senate intelligence committee

WASHINGTON –  On the heels of ex-FBI Director James Comey's testimony this week in which he called President Trump a liar, Attorney General Jeff Sessions has agreed to appear before the Senate intelligence committee on June 13 as it investigates alleged Russian meddling in the presidential election.
In a letter Saturday to Sen. Richard Shelby, Sessions writes that his decision to appear comes in light of last week's testimony by Comey.
Sessions had been scheduled to discuss the Justice Department budget before a Senate panel chaired by Shelby. Sessions says it's clear the Russian investigation would become the focus of questioning.
Sessions recused himself from a federal investigation into contacts between Russia and the Trump campaign after acknowledging that he had met twice last year with the Russian ambassador to the U.S. He said during his confirmation hearing that he had not met with Russians during the campaign.

http://www.foxnews.com/politics/2017/06/10/sessions-to-appear-before-senate-intelligence-committee.html

http://www.politico.com/story/2017/06/10/jeff-sessions-senate-testimony-russia-investigation-239386

1 Like

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by Nobody: 12:16pm On Jun 11, 2017
vedaxcool:


Gay kwa? Do you mean we should call him. hypocrite Gaytoscorp? Abeg release the Russian peepee photos grin grin

grin grin

I don't want you to suffer a trauma. The pics will haunt you. grin

1 Like

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by vedaxcool(m): 1:00pm On Jun 11, 2017
Mindfulness:


grin grin

I don't want you to suffer a trauma. The pics will haunt you. grin

Lol grin grin grin like trump existence isn't enough trauma release the Russian pee pee picture. .. grin or else face a lengthy ban wink

4 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by stanech: 4:57pm On Jun 12, 2017
MAGA:

First new coal mine of #Trump era opens in Pennsylvania

1 Like

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by stanech: 5:06pm On Jun 12, 2017
Sessions demands a public hearing. That's great news. The public needs answers, not behind the door testimony. Good on Jeff.

1 Like

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by stanech: 5:16pm On Jun 12, 2017
Breaking


A Dozen Democrats Charged With Voter Fraud

4 Likes

Re: American Politics Lounge - Donald Trump Is US President-Elect ! by stanech: 5:50pm On Jun 12, 2017
Murdering Leaders Now Seems to Be Funny to the Left #JuliusCaesar grin
Re: American Politics Lounge - Donald Trump Is US President-Elect ! by LordReed(m): 7:21pm On Jun 12, 2017
stanech:
Breaking


A Dozen Democrats Charged With Voter Fraud

Marion County Prosecutor Terry Curry said State Police found no evidence of voter fraud or voter suppression and that the charges against the workers arose from “a very bad, ill-advised business practice” of setting canvassers what appears to be a daily quota.

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