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Donald Trump's Vast Business Interests

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  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    MSN/Wall Street Journal, December 8, 2016: How Trump's Web of LLCs Obscures His Business Interests

    The WSJ's lead paragraph is indicative of the far reaching Octopus of Trump holdings:

    President-elect Donald Trump owns a helicopter in Scotland.

    To be more precise, he has a revocable trust that owns 99% of a Delaware limited liability company that owns 99% of another Delaware LLC that owns a Scottish limited company that owns another Scottish company that owns the 26-year-old Sikorsky S-76B helicopter, emblazoned with a red “TRUMP” on the side of its fuselage.

    Across Mr. Trump’s business, he uses a similar web of privately held LLCs and other entities to house his assets—everything from real estate to a vintage carousel in Manhattan’s Central Park, according to a Wall Street Journal analysis of hundreds of pages of his corporate filings and personal financial disclosures. Fifteen entities, for example, are used to hold his interests in two airplanes and three helicopters.

    This is mind boggling. How could any organization begin to unravel his ownership in anything...from Russia to China to the USA? And if he continues to stonewall on his tax returns, he could operate his businesses as usual for the next four years and never disclose much of anything.

    As the WSJ reports, roughly half of Trump's revenue comes from assets held in 96 different LLCs. He says he will turn his vast Trump empire over to a "Blind Trust" operated by his children. Of course his children will also be his advisors. Trump has even asked that they be provided security clearance.

    Well as many Republican surrogates state...compared to the Clinton Foundation, there is nothing here to worry about. I do wonder though if four years from now we will be discussing how he was able to con everyone into believing him.

  • Independent
    Ft.myers, FL
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    Schmidt, you are the just about the only one who is awake on the site; I said so many times why was this guy not totally "vetted" for the job? How is such not figured out way before the elections. The same as his tax returns and items of conflict.

    However the main stupidity is that no one studied his character related to an "hoarder" who does not let go of his "junk"

    But of course there are people on the site who don't mind at all. Sorry this country thrives on stupidity.

  • Independent
    Ft.myers, FL
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    I'll put this thread under this heading; could not find one to fit it.

    Allepo is just about again under Assad's control; the Russians and Assad's army cleared that of the "rebels" which the US supported. What will Trump do/ Actually this is an slap in the face of the US because we were supporting these "rebels".

    So once Trump is inaugurated the picture may not be the same as he expected. Are we now going to support Assad because the Russians support him? While Assad is also "friends" with Iran. Yes this is going to be an very strange situation. Also if he selects the Chevron guy, then we will have an problem with Israel, because he's friends with the Arabs and Russia because of the oil. Israel has no oil; thus not important. Let the fun begin!!!

  • Liberal Democrat
    Democrat
    Kenosha, WI
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    Vast conflicts of interest there, but, he'll claim executive privilege if ever questioned.
  • Independent
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    Dutch Wrote:

    Schmidt, you are the just about the only one who is awake on the site; I said so many times why was this guy not totally "vetted" for the job? How is such not figured out way before the elections. The same as his tax returns and items of conflict.

    However the main stupidity is that no one studied his character related to an "hoarder" who does not let go of his "junk"

    But of course there are people on the site who don't mind at all. Sorry this country thrives on stupidity.

    Dutch, Dutch, Dutch.

    You should know better. The American electorate doesn't 'vet' anything or anyone. Emotional mythology, rah-rah-ism, exceptionalism all play because the American electorate or at least enough of them can't be bothered with critical thinking. Hell, how many of them actually even bother to vote?

  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    Donald Trump has invited Philippine President Rodrigo Duterte to the White House. This is the guy who is conducting extrajudicial killings of thousands of citizens accused of dealing or using drugs. He also called President Obama a "son of a bitch" for Obama's criticism of his killing spree.

    Maybe that's why Trump invited him...because he called Obama a son of bitch.

    Or maybe it's because Trump has his name on a massive new Trump Tower in Manila and he needs Duterte to promote it. See this billboard with Ivanka Trump advertising the building.

    Billboard Advertising Trump Tower Manila Features Ivanka Trump as President Invites Philippines Dictator to White House

  • Independent
    Ft.myers, FL
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    Schmidt Wrote:

    Donald Trump has invited Philippine President Rodrigo Duterte to the White House. This is the guy who is conducting extrajudicial killings of thousands of citizens accused of dealing or using drugs. He also called President Obama a "son of a bitch" for Obama's criticism of his killing spree.

    Maybe that's why Trump invited him...because he called Obama a son of bitch.

    Or maybe it's because Trump has his name on a massive new Trump Tower in Manila and he needs Duterte to promote it. See this billboard with Ivanka Trump advertising the building.

    Billboard Advertising Trump Tower Manila Features Ivanka Trump as President Invites Philippines Dictator to White House

    Schmidt; where is the oversight committee? Impeach him NOW. How far can he go? Wake up America; you are taken for an expensive ride. He loves "dictators" , because he wants to learn from them. Is this country really that stupid???

    How come that you can find these things and the "media" ( MSNBC/CNN) not; Suggest to forward this to them.

  • Liberal Democrat
    Democrat
    Kenosha, WI
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    Want's to ask NK's dear leader if he can build a Trump tower there too.
  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    Dutch -- Actually much of what I write I saw first on MSNBC's Rachel Maddow's show or Joy Reid's show. Then I dig for an article because the MSNBC websites are a bit unfriendly for referencing...mostly videos.
  • Independent
    Ft.myers, FL
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    Schmidt Wrote: Dutch -- Actually much of what I write I saw first on MSNBC's Rachel Maddow's show or Joy Reid's show. Then I dig for an article because the MSNBC websites are a bit unfriendly for referencing...mostly videos.
    I watched MSNBC but never saw the "billboard"; last night they referenced in one second that he had an "hotel" in Manilla; that's all. I guess if they have your information then they are playing "chicken". I think this thing and all other things together is enough to get him out.