The ACTUAL Problem for this New President

November 20, 2016 By: El Jefe Category: 2016 Election, Trump

Every time I think of Cheeto Jesus as President of the United States, I throw up in my mouth a little bit.  As normal people understand, this bullying, bloviating, bitchy, baboonish, banal buffoon is manifestly unqualified to occupy the oval office, and that’s a huge problem with global consequences.  Hard to imagine though, and to make matters worse, is that there is a magnifier to this problem: his businesses.

Cheeto Jesus has multiple enterprises that come under the parent holding company, Cheeto Organization LLC.  Within the holdings are interests in real estate and other businesses in the US, Ireland, Canada, Brazil, Azerbaijan, Scotland, Dubai, and other countries.  His financial ties are tangled, but at least some of his debt is tied to the Bank of China.

The Cheeto Organization owns a stake in Cheeto Entertainment Resorts, Inc. The company, formerly known as Cheeto Hotels and Casino Resorts until 2004, is now owned by Icahn Enterprises L.P.  Yes, that Icahn, Carl Icahn, who was an early endorser and supporter of Cheeto Jesus.  What a shock.

The opportunities for conflict of interest between Cheeto Jesus as President (..urp) and his various business interests is legion.  He has proclaimed that he will put his businesses in a blind trust, run by his children (the same ones for which he’s requested top secret security clearances).  His factual problem is, however, that putting his business interests in the hands of his children is, by definition, NOT a blind trust, and doesn’t qualify as a device to separate him from his businesses.  Not even close.  To qualify as a blind trust, the owner of assets must place the entire management of those assets into the hands of a third party trustee and have no say in the management of those assets.  For Cheeto Jesus, that is actually impossible, since virtually all of his assets are high profile and carry the Cheeto brand.

The problem is so huge that even the Rupert Murdoch controlled The Wall Street Journal has publicly advised Cheeto Jesus to divest.  Divest everything.  The Journal says that failing to do so would open Cheeto Jesus and his family to continuous attacks from the opposition and the press.  They said it pretty well:

“The political damage to a new Administration could be extensive. If Mr. Trump doesn’t liquidate, he will be accused of a pecuniary motive any time he takes a policy position. For example, the House and Senate are eager to consider tax reform—and one sticking point will be the treatment of real estate, which will be of great interest to the Trump family business. Ditto for repealing the Dodd-Frank financial law, interest rates and so much more.”

I don’t expect Cheeto Jesus to cave on this one without a huge fight.  The potential conflict of interests will provide many opportunities to skeptics like me, who will be listo to jump on every chance to highlight every single conflict for the entire time he infests the Oval Office.

The problem of Cheeto Jesus’s business interests will haunt his entire presidency, along with his yet undisclosed tax returns.  There will come a time, and it won’t be long, that his exposure to public scrutiny will finally outweigh his celebrity, for which millions of Americans stupidly relied on when they pushed the button for the worst candidate for the presidency in US history.  I’ll be waiting.

So there.

 

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