A look at the US politician so many Australian Liberal and Nationals MPs and senators admire and seek to emulate....
Daily
Kos, 12
January 2019:
Most of Donald
Trump's $35 million in real estate deals in 2018 came with a huge political footnote
attached to them. A Forbes analysis found the largest deal, yielding
$20 million to Trump, came from the sale of a $900 million
federally subsidized housing complex in Brooklyn in which the
Trump Organization had a 4 percent stake.
The Department of Housing &
Urban Development had to approve the sale. In other words, the Trump
Organization, which is still owned by Trump, needed permission from HUD, which
reports to Trump as pr*sident, to turn a profit through a Brooklyn real
estate deal. And guess what: HUD greenlit the deal.
Trump also took
in another $5.5 million from 36 units sold in a 64-story Las Vegas
tower. The catch? About a third of those units were bought by buyers hiding
behind limited liability companies so they wouldn't have to disclose their
identities. In 2017, USA Today reported that during the two
years before Trump became the GOP nominee, only 4 percent of Trump’s building
units were acquired by LLCs. So now that Trump's pr*sident, anonymous
people are lining his pockets with real estate purchases cloaked through LLCs.
Remember when Trump made
a big show of stacking up all the paperwork he was signing in order to supposedly clear up his conflicts of
interest and forfeit management of his businesses? Yeah, he's still
getting that money.
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