April 8, 2017 by Chris Kite
Nothing should surprise us about Republican President Donald Trump. But this is really amazingly corrupt. The so called trust that Trump’s businesses are in isn’t blind and isn’t really so much a trust as just an optical illusion so he can pretend to be above board.
But if he can take money out at any time, that is a huge conflict of interest. Let’s say he is about to do something that hurts his business in another country. He could proactively pull money from the business to shelter himself from losses. Or perhaps he does something that makes one of his properties look more attractive to buyers/investors – until the truth is realized – and he can pull out profits as they soar short term.
That is a huge conflict of interest!