| fatslob-:O said: As far as I'm concerned, Trump owns his organization so his licensing fees will get disclosed one way or another on his financial disclosure form ... Wrong! Bill Clinton did not donate to another charity, he donated the money from the Clinton Foundation to a FOR-PROFIT COMPANY so I ask how can the Clinton Foundation be a charity if it does not adhere to STRICTLY benefiting for the PUBLIC according to IRS regulations ? What Bill Clinton did is a textbook example of EMBEZZLEMENT! You can't buy his interests if he already owns the property or a part of it. You say "big" but I say exaggeration on your part since licensing fees are a miniscule portion of his revenue. His MAIN profit/revenue driver is REAL ESTATE, not licensing! |
Well if you actually read your sources thats not how it went down. The money didn't come from the Clinton Foundation, it actually came from an individual named Kim Samuel. This announcement was made at the Clinton Foundation's annual convention which led to the confusion but no money actually ever moved from the Clinton Foundation to this Energy company.
Anyways, as I thought I made clear, a lot of the conflicts of interest come from potential points of expansion for the Trump brand. There have been numerous areas where Trump has run into roadblocks which have held up some of his deals so these deals could potentially be contingent on US intervention. Further, it also depends on the specific contracts and how the Trump Organization interacts with some of these other companies. I used the example of Daewoo in the past and sources have stated that the Trump Organization and Daewoo are "tied", though it doesn't specify the details of the relationship. There are plenty of examples where the Trump Organization has taken on a role as part owner of something. Finally, you continually pull from incomplete data to act like licensing is basically irrelevant. Yes, the main source of revenue is real estate, however a one time fee of seventy five million dollars, followed up by unspecified annual payments in anything but insignificant (especially for just one deal). Additionally, as I've briefly mentioned, there are also domestic issues such as how Trump handles tax codes which will quite clearly directly affect his business.
EDIT: "Over the past six years, Trump has dispatched three of his children -- Ivanka, Eric and Donald Jr. -- around the world to seek new business, saying in the interview from South Carolina that he had more than 100 deals under discussion, 85 percent of them abroad."
