Monday, August 29, 2016

PRESIDENT TRUMP'S BUSINESS INTERESTS

If you watch any news programs at all, you will see how the news media wants to destroy the Clinton  family Non-Profit Foundation. if Hillary becomes president (and even want her to Do It Now).  As the Clinton's do not get any monetary benefit from the foundation, the cause is to destroy any emotional benefit the Clinton's get from guiding a Non-Profit Foundation in their name.

The news media seems unconcerned about Donald Trump becoming president and not doing anything to separate him from his For-Profit Business Operations.  Does the news media really believe there are no conflicts of interest for a president owning far flung business operations while he is president?  Is it really all right for a president operating far flung for-profit business operations while president but not all right for the president being associated with a Non-Profit Foundation?  I find this to be weird.  I think our country has its priorities  all screwed up.*  Even if such a president doesn't do things to favor his companies, do we really want a part-time president?

Let's say that the news media becomes concerned about Trump's business operations after all and would Trump's business operations be put in a "blind trust."  Is a blind trust with his family running it really all right?  Perhaps, but the news media doesn't like the idea of Chelsea Clinton, Hillary's daughter, remaining on the board of their Non-Profit Foundation.

Some suggest that the Clinton Foundation be folded into another Foundation like the Gates Foundation.  Well The Oracle of Omaha, Warren Buffet, has done the equivalent of this and donated billions of dollars to the Gates Foundation.  So their is some justification for doing it.  But I believe he sits on the board of the Gates Foundation.  I'm not sure the Gate's would like to have Bill Clinton on their board, but maybe it could be worked out.  Would this give the Clintons the same emotional rewards?  Would this satisfy the news media?

An update after writing the above.  It seems like the Clintons are in the process of folding up their foundation, or most of it.  The Gates Foundation won't take it because the Clinton Foundation is a active foundation, i.e. they actually distribute medications (e.g. AIDS and diarrhea) and things whereas the Gates foundation is a grants (pass-trough) foundation.

* http://stopcontinentaldrift.blogspot.com/2012/09/what-does-this-mean.html


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