obijkenobi
Member
Long story short, Trump's businesses have ties with several international businesses that can be shady. In addition to that, it gets complicated to say "no" to Trump organizations when potentially the son of the President of the United States calls you and wants a local zoning issue resolved in say....India. The author suggests that because Trump's businesses are so entangled in businesses acorss the world, the only way to disentangle the potential for conflicts of interest is for the ENTIRE Trump family to disavow themselves from Trump business' profits. Some choice quotes down below, but please read the entire article:
Here's one example of a potential conflict of interest. Plenty more at the link
http://www.newsweek.com/2016/09/23/donald-trump-foreign-business-deals-national-security-498081.html
If Donald Trump is elected president, will he and his family permanently sever all connections to the Trump Organization, a sprawling business empire that has spread a secretive financial web across the world? Or will Trump instead choose to be the most conflicted president in American history, one whose business interests will constantly jeopardize the security of the United States?
Throughout this campaign, the Trump Organization, which pumps potentially hundreds of millions of dollars into the Trump familys bank accounts each year, has been largely ignored. As a private enterprise, its businesses, partners and investors are hidden from public view, even though they are the very people who could be enriched byor will further enrichTrump and his family if he wins the presidency.
A close examination by Newsweek of the Trump Organization, including confidential interviews with business executives and some of its international partners, reveals an enterprise with deep ties to global financiers, foreign politicians and even criminals, although there is no evidence the Trump Organization has engaged in any illegal activities. It also reveals a web of contractual entanglements that could not be just canceled. If Trump moves into the White House and his family continues to receive any benefit from the company, during or even after his presidency, almost every foreign policy decision he makes will raise serious conflicts of interest and ethical quagmires.
Here's one example of a potential conflict of interest. Plenty more at the link
Trump already has financial conflicts in much of the Islamic world, a problem made worse by his anti-Muslim rhetoric and his impulsive decisions during this campaign. One of his most troubling entanglements is in Turkey. In 2008, the Trump Organization struck a branding deal with the Dogan Group, named for its owners, one of the most politically influential families in Turkey. Trump and Dogan first agreed that the Turkish company would pay a fee to put the Trump name on two towers in Istanbul.
When the complex opened in 2012, Trump attended the ribbon-cutting and declared his interest in more collaborations with Turkish businesses and in making significant investments there. In a sign of the political clout of the Dogan family, Turkish President Recep Tayyip Erdogan met with Trump and even presided over the opening ceremonies for the Trump-branded property.
However, the Dogans have fallen out of favor, and once again, a Trump partner is caught up in allegations of criminal and unethical activity. In March, an Istanbul court indicted Aydin Dogan, owner and head of the Dogan Group, on charges he engaged in a fuel-smuggling scheme. Dogan has proclaimed his innocence; prosecutors are seeking a prison sentence of more than 24 years...............................
With the Dogans now politically radioactive, Erdogan struck at the familys business partner, Trump, for his anti-Muslim rhetoric. In June, Erdogan called for the Trump name to be removed from the complex in Istanbul and said presiding over its dedication had been a mistake.
This is no minor skirmish: American-Turkish relations are one of the most important national security issues for the United States. Turkey is among the few Muslim countries allied with America in the fight against the Islamic State militant group; it carries even greater importance because it is a Sunni-majority nation aiding the U.S. military against the Sunni extremists. Turkey has allowed the U.S. Air Force to use a base as a major staging area for bombing and surveillance missions against ISIS. A Trump presidency, according to the Arab financier in direct contact with senior Turkish officials, would place that cooperation at risk, particularly since Erdogan, who is said to despise Trump, has grasped more power following a thwarted coup détat in July.
http://www.newsweek.com/2016/09/23/donald-trump-foreign-business-deals-national-security-498081.html