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|    Message 155,685 of 157,025    |
|    red river rock to All    |
|    The Big Trump Swindle - The Trump Founda    |
|    12 Apr 22 10:33:29    |
      XPost: alt.fan.rush-limbaugh, alt.politics, aus.politics       XPost: alt.tv.pol-incorrect, rec.arts.tv, talk.politics.misc       XPost: uk.politics.misc, alt.global-warming, alt.atheism       XPost: or.politics, comp.os.linux.advocacy, sac.politics       XPost: alt.politics, uk.politics.misc, talk.politics.guns       XPost: alt.politics.trump       From: red288525@gmail.com              >The Trump Foundation was one big scam, according to the New       >York attorney general.       >       >I have some shocking news: An organization with “Trump” in       >its name has run into trouble with the law. Who could have       >imagined?       >       >On Thursday, the New York attorney general’s office filed a       >lawsuit targeting the Trump Foundation. The Post’s David A.       >Fahrenthold reports:       >       > The New York attorney general filed suit against       > President Trump and       >his three eldest children Thursday, alleging “persistently       >illegal conduct” at the president’s personal charity, saying       >Trump repeatedly misused the nonprofit organization — to pay       >off his businesses’ creditors, to decorate one of his golf       >clubs and to stage a multimillion-dollar giveaway at his       >2016 campaign events.       >       > In the suit, filed Thursday morning, Attorney General       > Barbara       >Underwood asked a state judge to dissolve the Donald J.       >Trump Foundation. She asked that its remaining $1 million in       >assets be distributed to other charities and that Trump be       >forced to pay at least $2.8 million in restitution and       >penalties.       >       > Underwood said that oversight of spending at Trump’s       > foundation was so       >loose that its board of directors hadn’t met in 19 years,       >and its official treasurer wasn’t even aware that he was on       >the board.       >       > Instead, she said, the foundation came to serve the       > spending needs of       >Trump — and then, in 2016, the needs of his presidential       >campaign. She cited emails from Trump campaign staff       >members, directing which charities should receive gifts from       >the Trump Foundation, and in what amounts.       >       >Fahrenthold and other reporters have previously uncovered       >some of the facts that figure in the lawsuit, but there’s       >damning new information, too, related specifically to an       >event to raise money for veterans that Trump held before the       >Iowa caucuses. According to the suit, the foundation brought       >in $2.8 million at that event, then essentially turned it       >over to the campaign to decide how it should be disbursed.       >They have emails from Corey Lewandowski, then Trump’s       >campaign manager, directing where the money should be be       >donated. The suit charges that this amounted to an illegal       >in-kind contribution to the campaign.       >       >There are two levels of context one needs to understand this       >lawsuit. The first level is that much of what we’ve learned       >about the Trump Foundation suggests that it was basically a       >scam, a way for Trump to make shady contributions, pay his       >debts with other people’s money and do things such as buy a       >gigantic painting of himself.       >       >For instance, Trump had to pay a fine when it was discovered       >that the foundation made an illegal $25,000 contribution to       >a political group connected to Florida Attorney General Pam       >Bondi, who just happened to be deciding at the time whether       >to pursue a fraud investigation into Trump University, which       >she most agreeably decided not to do. Not only was the       >contribution itself illegal — charitable foundations aren’t       >allowed to donate to political groups — it was hidden when       >the foundation reported on its tax forms that the       >contribution had instead gone to a legitimate nonprofit in       >Kansas with a similar name, to which they had actually given       >no money. In other cases, the foundation was used to pay       >legal settlements for Trump himself.       >       >The second level of context is that, in all this, the Trump       >Foundation isn’t much different from everything else Trump       >did during his business career. The only reason nobody knew       >what the Trump Foundation really was before Trump ran for       >president was that no one had bothered to look. Once they       >did, it immediately became apparent that, while it might do       >something legitimate here or there, at its core, the       >foundation looks a lot like a grift.       >       >You might say the same about Trump’s entire business career.       >As I’ve argued before, Trump wasn’t just a guy who skated       >close to the line a time or two or broke a few rules. In       >fact, when you add up the questionable bankruptcies; the       >cons such as Trump University; the pyramid schemes; the       >contacts with mobsters; the exploitation of foreign workers;       >the Trump projects that have collapsed amid charges of       >double-dealing; the unusual interest Russian oligarchs have       >in using Trump properties as a vehicle for money laundering,       >and more, Donald Trump could well be the most corrupt major       >business figure in America. So why would anyone expect his       >foundation to be an above-board charity that does good work       >and would never run afoul of the law?       >       >If I had to predict, at this point, I would guess that       >President Trump and his kids will try to settle this suit by       >paying a small fine. Though he claims “I won’t settle this       >case!” that’s what he said about the Trump University fraud       >lawsuit too, and he ended up paying a $25 million settlement       >to his victims. So while the Trump Foundation may not send       >the president to the slammer, this lawsuit will likely end       >up telling us a lot about who he is and how he operates.       >       >       >https://www.washingtonpost.com/blogs/plum-       line/wp/2018/06/14/       >the-trump-       >foundation-was-one-big-scam-according-to-the-new-york-       attorne       >y-general-       >what-a-shock/?noredirect=on&utm_term=.a8ddb3401813       >              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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