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Post by papercrafteradvocate on Jun 21, 2016 15:34:08 GMT
Is this normal? It appears that 20% of payouts for work paid out for Trump's campaign go towards his company's, his relatives companies, and one mysterious "Draper Sterling" company/person.   |
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Deleted
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Post by Deleted on Jun 21, 2016 15:37:48 GMT
Sounds totally legit  |
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Post by Deleted on Jun 21, 2016 15:38:38 GMT
can you link the story?
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Post by Deleted on Jun 21, 2016 15:39:25 GMT
I mean... using his own companies for travel, accommodations, etc. doesn't violate any rules/laws that I'm aware of, but he really should avoid the appearance of impropriety and this looks improper as hell.
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Post by papercrafteradvocate on Jun 21, 2016 15:39:50 GMT
I was trying to link, but failed miserably!!! This came across my Twitter feed yesterday.
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Post by papercrafteradvocate on Jun 21, 2016 15:43:40 GMT
I'm not sure if the poster on Twitter (I do not know the person who originally posted it) had a reason other than to point out that he (Trump) is definitely one who benefits first and foremost (which was my initial read on the whole thing!) or if he ( the poster) was more interested in the mysterious Draper Sterling thing!
I posted here, to see if this was a normal thing, but I'm not sure if there has ever been a candidate who had businesses that would benefit such as this example!
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Deleted
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Post by Deleted on Jun 21, 2016 15:44:17 GMT
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Post by papercrafteradvocate on Jun 21, 2016 15:47:31 GMT
Try going to Twitter--Judd Legum. Or google "Draper Sterling + Trump"
I'm not able to copy links right at the moment and cannot figure out why?!!
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Post by papercrafteradvocate on Jun 21, 2016 15:49:26 GMT
Thanks for posting the link! I cannot even open links right now! Wonder if it has to do with the wi-Fi access at the pool I'm lounging by! Lol |
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Post by refugeepea on Jun 21, 2016 15:50:18 GMT
If he owns those businesses, it makes sense to use them. What I don't understand is the costs. Were they trumped up? Pun intended!  |
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Post by Deleted on Jun 21, 2016 15:55:11 GMT
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Post by Deleted on Jun 21, 2016 15:57:51 GMT
If he owns those businesses, it makes sense to use them. What I don't understand is the costs. Were they trumped up? Pun intended! On one hand, from a purely business perspective, it does. On the other, by doing this, he is directly profiting from donor contributions which is a little on the ethically shady side. |
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Post by bc2ca on Jun 21, 2016 16:05:51 GMT
This article on the subject is from the NY Times in February. About $2.7 million more was paid to at least seven companies Mr. Trump owns or to people who work for his real estate and branding empire, repaying them for services provided to his campaign. That total included more than $2 million for flights on his own planes and helicopter, a quarter of a million dollars to his Fifth Avenue office tower, and even $66,000 to Keith Schiller, his bodyguard and the head of security at the Trump Organization.
While the convoluted accounting is required by law — so that Mr. Trump’s companies do not make illegal corporate contributions directly to his campaign — it also means that Mr. Trump is in effect taking millions of dollars out of one pocket and depositing it into another.
What remains is a quintessentially Trumpian endeavor that blurs the line between campaigning and brand-building and complicates Mr. Trump’s claims that he is funding his own White House campaign. About three-quarters of Mr. Trump’s total campaign spending has either gone to reimburse his own businesses or has been covered by funds from grass-roots donors, according to an analysis by The New York Times of F.E.C. reports. Virtually all of the money Mr. Trump himself has put into the campaign was lent, rather than donated outright, meaning that he could potentially sell enough hats and T-shirts to pay himself back down the road.
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Post by Darcy Collins on Jun 21, 2016 16:06:11 GMT
Well it's not really "normal" for a politician to own quite so many businesses - particularly ones that would be relevant to a campaign. I can say, renting hotels and airplanes and catering costs are VERY normal for a campaign.
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Post by Deleted on Jun 21, 2016 16:07:33 GMT
Thank you!  |
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Post by Darcy Collins on Jun 21, 2016 16:08:55 GMT
This article on the subject is from the NY Times in February. About $2.7 million more was paid to at least seven companies Mr. Trump owns or to people who work for his real estate and branding empire, repaying them for services provided to his campaign. That total included more than $2 million for flights on his own planes and helicopter, a quarter of a million dollars to his Fifth Avenue office tower, and even $66,000 to Keith Schiller, his bodyguard and the head of security at the Trump Organization.
While the convoluted accounting is required by law — so that Mr. Trump’s companies do not make illegal corporate contributions directly to his campaign — it also means that Mr. Trump is in effect taking millions of dollars out of one pocket and depositing it into another.
What remains is a quintessentially Trumpian endeavor that blurs the line between campaigning and brand-building and complicates Mr. Trump’s claims that he is funding his own White House campaign. About three-quarters of Mr. Trump’s total campaign spending has either gone to reimburse his own businesses or has been covered by funds from grass-roots donors, according to an analysis by The New York Times of F.E.C. reports. Virtually all of the money Mr. Trump himself has put into the campaign was lent, rather than donated outright, meaning that he could potentially sell enough hats and T-shirts to pay himself back down the road.
I didn't think about that - but it's true. There are a bunch of campaign disclosure laws requiring extremely detailed billing so that a politician can't accept gifts. So as his plane I'm sure is owned by a corporation and not him personally. He can't use it for campaign purposes without billing the campaign. |
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Post by papercrafteradvocate on Jun 21, 2016 16:09:18 GMT
This article on the subject is from the NY Times in February. About $2.7 million more was paid to at least seven companies Mr. Trump owns or to people who work for his real estate and branding empire, repaying them for services provided to his campaign. That total included more than $2 million for flights on his own planes and helicopter, a quarter of a million dollars to his Fifth Avenue office tower, and even $66,000 to Keith Schiller, his bodyguard and the head of security at the Trump Organization.
While the convoluted accounting is required by law — so that Mr. Trump’s companies do not make illegal corporate contributions directly to his campaign — it also means that Mr. Trump is in effect taking millions of dollars out of one pocket and depositing it into another.
What remains is a quintessentially Trumpian endeavor that blurs the line between campaigning and brand-building and complicates Mr. Trump’s claims that he is funding his own White House campaign. About three-quarters of Mr. Trump’s total campaign spending has either gone to reimburse his own businesses or has been covered by funds from grass-roots donors, according to an analysis by The New York Times of F.E.C. reports. Virtually all of the money Mr. Trump himself has put into the campaign was lent, rather than donated outright, meaning that he could potentially sell enough hats and T-shirts to pay himself back down the road.
Exactly! Middle paragraph is just what he did in Atlantic City--take from businesses he held (with shareholders) and used them to pay on businesses as well as personal debt he held elsewhere ! Kinda scary! |
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Post by Deleted on Jun 21, 2016 18:09:43 GMT
It's a great big circular world, there is no money so we just recycle it among the business of Trump. When will people see this charlatan for what he is.
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LeaP
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Post by LeaP on Jun 21, 2016 18:10:54 GMT
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Post by Deleted on Jun 21, 2016 20:21:38 GMT
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Post by mirabelleswalker on Jun 21, 2016 20:34:05 GMT
Well, he did say he would be the first person in history to make money running for president.
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Post by Deleted on Jun 21, 2016 20:50:28 GMT
I'm not a bit surprised that he and his campaign are pulling all kind of crooked stuff, but that Draper Sterling stuff is really bizarre. I keep wondering about that Paul Holzer guy. Why would someone who's supposedly a medical wunderkind be all tangled up with so many questionable political and business ventures?
Shady, shady, shady. Just like everything else about and surrounding Trump.
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Post by peasapie on Jun 21, 2016 23:32:00 GMT
Sounds totally legit oh my god, I laughed so hard at your post. SaveSave |
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Post by lisae on Jun 22, 2016 1:30:00 GMT
I read about this on another site - USAToday I think. They mentioned the amount to his airline. That I can understand. All the major candidates fly private planes and if he has one, why not use it? But that HUGE amount for his own hotel? The fact that he can't see how people would be put off by that shows how little he understands the majority of the electorate that have regular jobs, regular bills and reasonable expenses. He keeps bragging about how much money he has. Given what we are learning about how he maintained that wealth such as dumping his personal debts into his Atlantic City bankruptcies, I'm less and less convinced that he knows anything about creating wealth for anyone but himself.
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sweetpeasmom
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Post by sweetpeasmom on Jun 22, 2016 2:32:02 GMT
To rent a ballroom and all that goes into doing an event (lighting, staging, sound, etc), hotel employees, food, etc., the cost doesn't seem unreasonable to me.
Is there campaign laws that say you can't use personally owned businesses to conduct campaign events? If not, while some may see it as shady, at this point it seems like good business. Use what you have available.
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Post by peasapie on Jun 22, 2016 13:08:32 GMT
Hey this could be a great way to drum up some business for ourselves! Run for office and employ your company in the process. No conflict of interest there at all. I wonder if all politicians do this. It would explain quite a bit.
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Post by STBC on Jun 22, 2016 13:51:48 GMT
Well, he did say he would be the first person in history to make money running for president. I'm getting more and more convinced that making money is the entire purpose of his campaign and that he really has no interest in actually becoming president. |
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Post by bc2ca on Jun 22, 2016 14:25:20 GMT
Well, he did say he would be the first person in history to make money running for president. I'm getting more and more convinced that making money is the entire purpose of his campaign and that he really has no interest in actually becoming president. I always thought this was a brand building, ego led run for him and that he never expected to, or really wanted to, be the nominee. |
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Post by moretimeplease on Jun 22, 2016 18:34:14 GMT
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Post by 2peaornot2pea on Jun 22, 2016 19:04:20 GMT
Hey this could be a great way to drum up some business for ourselves! Run for office and employ your company in the process. No conflict of interest there at all. I wonder if all politicians do this. It would explain quite a bit. I had the same thought. Form companies, run for office, and buy/rent everything I need for the campaign from myself. Brilliant!  |
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