Saturday, December 15, 2018

Trump Empire, Inc. AKA: "Crooks Я Us" Struck Gold During the Inaugural Planning

Whew boy - finally we can believe Trump
(If only this one time)

A huge story - another Trump con... here in part from ProPublica via MSN.

When it came out this year that Trump’s inaugural committee raised and spent unprecedented amounts, people wondered where all that money went. It turns out one beneficiary was Trump himself.

The inauguration paid the Trump Organization for rooms, meals and event space at the company’s Washington hotel, according to interviews as well as internal emails and receipts reviewed by WNYC and ProPublica.

During the planning, Ivanka eldest daughter and a senior executive with the Trump Organization, was involved in negotiating the price the hotel charged the 58th Presidential Inaugural Committee for venue rentals. 

A top inaugural planner emailed Ivanka and others at the company to “express my concern” that the hotel was overcharging for its event spaces, worrying of what would happen “when this is audited.”

If they charged more than the going rate for the venues, it could violate tax law.

The inaugural committee’s payments to the Trump Organization and Ivanka Trump’s role have not been previously reported or disclosed in public filings.

“The fact that the inaugural committee did business with the Trump Organization raises huge ethical questions about the potential for undue enrichment,” (says Marcus Owens, the former head of the division of the IRS that oversees non-profits).

More background - FYI:

The Trump inauguration committee, which was chaired by his friend the businessman Tom Barrack, raised nearly $107 million from donors including the casino magnate Sheldon Adelson and AT&T.

That January 2017 festivities cost almost twice President Barack Obama’s 2009 inauguration, previously the most expensive.

The nonprofit that planned Trump’s inauguration booked many spaces in the Trump International Hotel, located in the Old Post Office building near the White House, including a ballroom, hotel rooms, and work spaces, as well as paying for meals there, according to several people who worked on the inauguration.

How the inaugural committee managed to spend all the money it raised remains a mystery, nearly two years after the event. While groups that support political candidates or issues must publicly detail their spending, an inaugural committee is required to list only its top five contractors. 

That leaves about $40 million unaccounted for.

My 2 cents: As I’ve said many times, the Trump’s operational name should be “Crooks Я Us.”

It’s in their DNA: a habit, a common natural practice, routine, or as many say it is “SOP” for them.

Thanks for stopping by.

No comments: