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pnwmom

(108,977 posts)
Wed Sep 14, 2016, 04:56 PM Sep 2016

Dana Milbank: Trump's idea of a blind trust: for you to trust him, blindly.

http://www.sltrib.com/opinion/4325060-155/dana-milbank-trumps-idea-of-a

Wealthy candidates running for high office typically promise to put their investments in a "blind trust" so they can avoid conflicts of interest by not controlling, or even knowing about, their financial interests. But Trump has no plan to do that; he says he'll have his children run the business while he runs the country.

By refusing to disclose his financial obligations, and by declining to remove any potential conflicts of interest he has with Putin and other foreign entities, Trump has come up with a different notion of blind trust: He wants us to trust him, blindly.

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Dana Milbank: Trump's idea of a blind trust: for you to trust him, blindly. (Original Post) pnwmom Sep 2016 OP
Anyone think that Trump trusts anyone with his money?? Angry Dragon Sep 2016 #1
Great!! thanks for posting!! Bill USA Sep 2016 #2
So basically... Cracklin Charlie Sep 2016 #3
A blind trust can work with stocks and bonds, marybourg Sep 2016 #4
Right. He's lying when he says he'll put it all in a blind trust. n/t pnwmom Sep 2016 #5

Cracklin Charlie

(12,904 posts)
3. So basically...
Wed Sep 14, 2016, 06:23 PM
Sep 2016

People give money to Assface, for Assface to dole out to charity.

Only problem...the charity is really Assface!

That's a pretty sweet deal!

marybourg

(12,631 posts)
4. A blind trust can work with stocks and bonds,
Wed Sep 14, 2016, 06:29 PM
Sep 2016

which a trustee can anonymously sell in a day and anonymously buy something different the next day. There no way it can work with 500 (or more) businesses, especially with his name on many of them. Sales of businesses take time and become public knowledge quickly.

And how are they going to handle his debts so that he doesn't know who he owes money to? Not really possible.

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