Warm Southern Breeze

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Posts Tagged ‘OPM’

“Paid for by Donald J. Trump for President, Inc.”

Posted by Warm Southern Breeze on Thursday, August 15, 2019

Self dealing.

You’d think it was a crime, eh?

But, did you know that it is NOT illegal to shift campaign money into your private account?

Actually, directly, it is.

On their website, the Federal Election Commission states in part that, “Using campaign funds for personal use is prohibited.” (https://www.fec.gov/help-candidates-and-committees/making-disbursements/personal-use/)

They state further that, “Commission regulations provide a test, called the “irrespective test,” to differentiate legitimate campaign and officeholder expenses from personal expenses. Under the “irrespective test,” personal use is any use of funds in a campaign account of a candidate (or former candidate) to fulfill a commitment, obligation or expense of any person that would exist irrespective of the candidate’s campaign or responsibilities as a federal officeholder.”

But indirectly?

That’s a horse of an entirely different color.

In the white-collar criminal underground, that’s called “money laundering,” which is the practice of shifting money through legitimate business enterprises in order to make it appear as if the money was obtained legitimately.

And that is but one reason why the FBI encourages accounting majors in university to consider joining their service – because scouring the financial books of businesses and other entities takes a well-trained eye to discern criminal wrong-doing.

On June 16, 2015, Donald Trump stood in Trump Tower, New York City, and said, “I’m using my own money. I’m not using the lobbyists. I’m not using donors. I don’t care. I’m really rich.” (https://www.cbsnews.com/news/transcript-donald-trump-announces-his-presidential-candidacy/)

With that remark in part, he announced his candidacy to be the GOP’s nominee for President.

Of note, that was also when he’d made his now-infamous remark that, “When Mexico sends its people, they’re not sending their best. They’re not sending you. They’re not sending you. They’re sending people that have lots of problems, and they’re bringing those problems with us. They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are good people. But I speak to border guards and they tell us what we’re getting. And it only makes common sense. It only makes common sense. They’re sending us not the right people. It’s coming from more than Mexico. It’s coming from all over South and Latin America, and it’s coming probably — probably — from the Middle East. But we don’t know. Because we have no protection and we have no competence, we don’t know what’s happening. And it’s got to stop and it’s got to stop fast.”

But earlier – 5 years earlier, in fact – he’d said to Fortune magazine in April 3, 2000, that, “It’s very possible that I could be the first presidential candidate to run and make money on it.” (https://fortune.com/2000/04/03/what-does-donald-trump-really-want/)

In December 2018, Forbes magazine reported that Read the rest of this entry »

Posted in - Business... None of yours, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News, WTF | Tagged: , , , , , , , , , | Leave a Comment »

 
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