Posted on 03/11/2018 3:04:41 AM PDT by UMCRevMom@aol.com
The Trump Organization made a voluntary payment of $151,470 to the Department of the Treasury to keep a promise that the company would not benefit from foreign government payments while Donald Trump is president.
The check represents the net profits the Trump Organization — which includes both the president's Mar-a-Lago club in Palm Beach, Florida, and the Trump International Hotel in Washington, D.C. — made from doing business with foreign leaders for Trump's first year in office, Eric Trump, executive vice president of the company, told the U.K. Daily Mail.
"Our donation to the treasury was voluntary and one that I am very proud of," Trump said.
"Although we are not legally obligated to do this, we have pledged to account for all profits from foreign government business at our hotels and clubs and have donated that money back to the United States of America."
Watchdog groups criticized the president and the Trump company for making money off of officials from other nations.
They alleged that such payments represent illegal contributions from foreign countries to the sitting U.S. president.
A federal judge in December dismissed a lawsuit that argued Trump was violating the emoluments clause in the U.S. Constitution.
"We understand the bigger picture and believe it is simply the right thing to do," Eric Trump said.
Trump properties have become very popular with foreign groups.
As result, the company has hosted numerous parties over the past year.
The Kingdom of Saudi Arabia, for example, spent $270,000 at the Trump Hotel in D.C. between the 2016 election and the end of March, the Daily Mail reported.
Having to return all profits from such visits encourages the company not to seek out that sort of business, Eric Trump said.
"Knowing that all profits from foreign patronage at our hotels and clubs will be donated to the Treasury, we gain nothing as a business from them."
And "while we maintain strict separation of church and state from the administration, we purposely want to avoid any and all instances where anyone could claim 'impropriety,'" he added.
"For these two reasons foreign government business is not business we want nor business we seek," he said. "In fact, to be blunt, we choose to avoid it wherever possible."
IOW, Our President Trump is paying US to work his tail off, fight takeover of our beloved USA. Let’s face it the only thing he has NOT been accused of is putting his dog on the roof of his car and driving around the country side.
Long live Our President Trump. He might not be President forever, but when he eventually departs the OO, he will certainly be missed.
I hope VP Mike follows in the footsteps of Trump
I worry that Mike Pence might be like a George HW Bush after Reagan...
That same worry here. The President is such a strong force, Pence appears much weaker than he. However, at this time do not believe he would be the globalist Bush was.
When he is thought of as the quiet mouse, I then remember his debate with Uncle Joe and the clouds subside.
I have to ask where these watchdog groups were when the Clintons were giving $100,000 or more per pop speeches all over the world to various foreign government entities.
Or, didn't they count because they benefited the Clinton Foundation rather than Trump stockholders?
It could be.
Pence doesn’t have the business hustle Trump does. Pence when he was in congress was conservative but conventional
Trump is a oner
Don’t expect to see this reported on your local news. Nor will you see the report that both the president and his immediate family who are paid by the government accept anything but donate all of it to the treasury.
I noticed that no restaurant or limo service or clothing company or Broadway playhouse or airline or __________was ever charged with accepting foreign funds when they sold those services to people from out of the country.
Those charges are so damned stupid, there are not words to explain it.
My bad! Our VPP debated the other creepy clown rather than Uncle Joe. It was late and that lost hour took its toll last night. It is missed!
Hmmm. Making use of the bushes?
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