GSA Clowns:
Posted on 12/14/2016 9:50:32 AM PST by blam
Tyler Durden
December 14-2016
President-elect Trump has until inauguration day to divest himself of all ownership interest (not just management) of the Trump International Hotel in Washington D.C. or he will be in violation of his lease, according to the agency in charge of government buildings. The lease, according to a letter from four Democrats, forbids elected officials from being party to the deal or receiving any of its benefits, makng the hotel the most visible potential conflicts of interest for Trump.
As Bloomberg reports, an official of the General Services Administration, which leases government buildings, told the staffs of the four lawmakers that Trump will be in violation of the lease unless he divests, according to a letter written by the Democrats.
"Mr. Trump will be in breach of the lease agreement the moment he takes office on January 20, 2017, unless he fully divests himself of all financial interests in the lease for the Washington D.C. hotel," according to the letter from Representatives Elijah Cummings, Peter DeFazio, Gerald Connolly, and André Carson, who had requested details of the deal.
The 60-year lease for the Old Post Office Pavilion, a U.S. government-owned building on Pennsylvania Avenue just blocks from the White House, forbids elected officials from being party to the deal or receiving any of its benefits. It has become one of the most visible potential conflicts of interest for Trump, whose international real estate and branding business presents unprecedented circumstances in which a president may remain involved in the private sector.
On Dec. 8, the deputy commissioner of GSA, from which Trump Old Post Office LLC leases the historic Old Post Office Pavilion, told the lawmakers’ representatives "that Mr. Trump must divest himself not only of managerial control, but of all ownership interest as well
(snip)
(Excerpt) Read more at zerohedge.com ...
Bipartianship, eh?
Was Jimmy carter forced to sell his peanut farm?
If it’s a corporate ownership, then Trump doesn’t have personal ownership and never did.
He needs to quit his participation in the corporation.
There was no benefit at the beginning of the lease.
As long as there is no change of contract, I see no issue.
Obama obviously has nothing better to do.
When Reagan took office he found warehouses full of peanut butter and had it distributed out to the needy.
before this is over, Democraps will demand Trump sign an oath of poverty or face impeachment.
Obama never lost his aggrieved street-agitator, community-activist mentality.
Did he lease it from the government?
Hey Oturbo...how about you return your million bucks and your peace prize medal? And then just GTFO of the country...
GSA Clowns:
Trump the leaseholder and Trump the President, as of 1/20/17 can simply agree to modify the lease.
Why don’t we go after these people for all their illegality and stop messing around. Emails, Benghazi, Clinton Foundation, IRS, Illegals on and on. They aren’t going to play nice and rule of law matters.
Didn’t Trump already announce that he would be divesting himself of these types of things?
If this is true, then how could Trump’s lawyers have missed this?
I’m sure Trump is capable of tying them up in court for eight years.
“Why don’t we go after these people for all their illegality and stop messing around.”
Well, Trump is not “in power” yet. Be patient. Their time is coming.
President Trump should have him and all his marxist cohorts arrested because they truly are domestic enemies (some could argue foreign enemy).
I sure hope he doesn’t fall for the old “reach across the aisle for unity” trick.
It looks as if Trump is going the “new tone” route. No more “lock her up” talk. Problem is, you can’t pour old wine into new bottles.
Or he’s playing 7D chess and is just waiting for someone to step out of line on his watch to make an example out of them.
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