36 Burst results for "trump"
Fresh update on "trump" discussed on Coast to Coast AM with George Noory
"Older with chronic health conditions can now get on the wait list for a covert vaccination at NRG Park. People 65 older are encouraged to get on the list as well. Outside panel of experts endorsing approval of Johnson and Johnson's covert 19 vaccine. Brian Shook has the story. The panel voted unanimously Friday to recommend the FDA approved it for emergency use. The governmental body is expected to do so in the coming days, making it the third vaccine approved to protect Americans from the coronavirus. Both visors and Madonna's vaccines were approved earlier. The Johnson and Johnson vaccine is a traditional vaccine. Unlike both visors and Madonna's messenger RNA vaccines, it only requires a single dose instead of two and does not need ultra cold storage. I'm Brian share each news time is 12 03, the second day of the 2021 conservative political action Conference. Is underway in Orlando, Florida Senator Ted Cruz assures former President Donald Trump will be an influential figure in the Republican Party for years to come. They look at Donald J. Trump, and they look at the millions of millions of people inspired who went to battle fighting alongside President Trump, and they're terrified. And they want him to go away. Let me tell you this right now. Donald J. Trump ain't going anywhere. Former president Trump expected to speak at CPAC on Sunday. A report from the real estate website Redfin shows the number of people looking to move to Houston has exploded over the last year. In fact, the net inflow of red thin users seeking a moved to Houston rose from 54 in January. 2022 over 1800 in January, 2021. Most popular origins of people moving to Houston are Los Angeles, the San Francisco Bay Area in New York City. Not surprisingly, those of the top three metro areas losing residents over the past year. Cory Olson, NewsRadio 7.
US intelligence report finds Saudi Crown Prince responsible for approving operation that killed Khashoggi
"President Biden says the public release of an intelligence report tying Saudi Arabia is Crown Prince to the death of journalist Jamal Cash. O G shows the country that the rules are changing. Shoji, who lived in Virginia and wrote for The Washington Post was killed inside Saudi Arabia is Turkish consulate in 2018. NPR's Scott Tetro has more at the time. U. S intelligence ASSESS that Saudi Arabia is Crown Prince Mohammed bin Salman approved the killing of cash. Oh, gee! But as President Trump pursued a warm relationship with Saudi Arabia, his administration never made that finding public. In an interview with Univision, Biden said the reports released sends a message. The rules were changing. And we're gonna be announcing significant changes today and on Monday, we're gonna hold them accountable for human rights abuses, And we're gonna make sure that they fact if they want to deal with us, they have to deal with it in a way that human rights abuses are dealt with newly announced sanctions do not directly target the Crown Prince. Got JETRO NPR news, the White
At conservative conference, Trump is still the golden boy
"Hi Mike Rossi a reporting at C. pack former president trump is still the golden boy Florida welcome see Patty may have lost his reelection bid but make no mistake Donald Trump is still the dominant force in conservative politics that frustrate because seventy five million people voted for Donald Trump he is still the leader of this party make no doubt about C. pack the conservative political action conference opened Friday in Orlando Florida where senator Ted Cruz of Texas was among the speakers they want him to go away let me tell you this right now Donald J. trump they go in anywhere C. pack was moved to Orlando this year due to pandemic restrictions in Maryland and the audience bristled when told to obey local mask requirements on Sunday the faithful will get to see trump in his first post presidential appearance hi Mike Rossi up that we need to comply with the rules
Former President Trump Headlines Conservative Gathering CPAC
"Trump headlines the premier Conservative gathering CPAC. For Pacifica Network and Public News Service. I'm Mary Sherman and their conference dedicated to the future of the conservative movement is already underway. And it's turned into an ode to Donald Trump. As speakers declared today, their fealty to the former president and attendees posed for Selfies with a golden statue of his likeness. As the Republican Party grapples with deep divisions over the extent to which they should embrace Trump After losing the White House and losing both chambers of Congress, those gathered at the annual conservative political Action Conference in central Florida made clear they're not ready to move on from the former president or from his baseless charges that the November election was rigged against him. Republican Senator Just Holly of Missouri, a potential presidential 2024 awful drew among the loudest applause today and the standing ovation when he bragged about Is challenging of the election certification on January 6th despite the storming of the Capitol building by Trump's supporters trying to halt the Institutionally mandated process. Trump will not arrive at the conference until Sunday, but was present in spirit in the form of a large golden statue erected in a merchandise show booth where attendees could pose for pictures with it more from reporters. Simon marks the stage is set in the US for a big weekend in Republican Party politics. Former President Donald Trump will address the conservative political action conference in Florida, where he's expected to stake his claim to the ongoing leadership of the Republican Party. The former president's former White House chief of staff is Mark Meadows. We will see the start of planning for the next administration, and I can tell you The people. They're the top of that list. All of them have. Trump is their last name. He spoke to Fox News Simon marks reporting. Immigrant rights activists
Biden Assesses Winter Storm Damage in Texas Promising Assistance
"Crisis we're in for the long haul. The Bidens visited a large food bank in Houston and stopped by an emergency operation center. Biden heard from local officials about massive power outages and serious problems with water supplies due to broken pipes. Florida Senator Rick Scott is telling attendees at today's conservative political action conference in Orlando, Florida to stand up to Democrats. Scott said both impeachments of President Trump
Top US diplomat 'visits' Mexico, Canada on virtual trip
"Hi Mike Rossi you're reporting the top US diplomat visits Mexico and Canada on a virtual trip secretary of state Antony Blinken made his first visits to the two closest neighbors of the United States Friday in virtual visits because of the pandemic Lincoln met with his counterparts from Mexico and Canada we had broad ranging discussions meetings covered economic issues climate change and the fight against cove it nineteen though the vital administration has begun processing the asylum claims about twenty five thousand migrants who had been kept in Mexico by the trump administration Lincoln had a blunt message for others not already in the system you will not be able to come into the United States president Biden and Mexico's president are scheduled to hold their own virtual meeting Monday Mike Rossio Washington
FBI Investigation Continues Into New York Governor Cuomo's Nursing Home Scandal
"Lawmakers in new york looking at how to limit governor andrew cuomo's power after his office accused of underreporting cova nursing home deaths. Abc's pilgrim explains fbi in federal prosecutors investigating how his administration handled nursing home deaths during the pandemic after an aide admitted the administration withheld the nursing. Home death toll from state lawmakers out of fear it would be used against the state by the trump administration. We created the void by not producing public information quickly. Enough i get that but then it was
New York Gov. Cuomo Accused Of Sexual Harassment By Former Adviser In His Administration
"His efforts early in a pandemic. New York Governor Andrew Cuomo now facing mounting allegations on multiple fronts, his administration accused of a cover up for its handling of covert deaths connected to nursing homes. Yes, there were deaths too many. Cuomo's health commissioner defending the controversial decision last spring to return covert patients to nursing homes after treatment, saying it was staff members who brought the virus in Is in the community. It's in the nursing home sent tie together. New York's attorney general reporting Those deaths were undercounted by up to 50%, with some patients counted as hospital deaths despite contracting the virus in nursing homes. We should have done a better job in providing information. I accept responsibility for that. State lawmakers now considering a vote to strip the governor of his emergency powers after a top aide admitted to withholding the data worried it would be politicized by the Trump administration. This as more details surface about sexual harassment allegations against Governor Cuomo, his former aide, Lindsay Boylan, claiming in an online blogger post he stepped in front of me and kissed me on the lips. I was in shock, but I kept walking. Oil in first accused the governor in December, posting on Twitter. Yes, Governor Cuomo sexually harassed me for years. Many saw it and watched Cuomo pushing back denying the accusations last year. Look, I I fought for, and I believe a woman has the right to come forward and expressed her opinion. On But it's it's just not true. And this week, a spokesperson for governor Cuomo reiterated that claims of inappropriate behavior are quote simply false. New York City Mayor Bill de Blasio is among those calling for an independent investigation. That's ABC switch. Johnson after
Shamima Begum Loses Effort to Return to U.K. in Fight for Citizenship
"Court has ruled today that a young woman who ran away to join the Islamic State group should not be allowed back to challenge the government's decision. The strip. Her of her British citizenship should Mima Begum left her home in London to go to Syria. When she was 15, Now 21, she's living effectively stateless in a refugee camp in northern Syria, a lawyers argued it was impossible for her to mount any sort of defense from there. I've been speaking to one of those involved in the case, raising Brickhouse, a lawyer for the Civil rights group Liberty. First of all, her reaction to Today's really It's a disappointing day. To be honest, they're the decision that the court of Appeal made, which was the last decision in this case was a really positive one that suggested that she Mima Begum should be allowed to come back to this country so that she could have a fair trial on the Supreme Court has decided today that That's not the case and where disappointed to hear that. Yes, And in fact, the Supreme Court said that the court of Appeals judgment had bean wrong. Do not accept that. Well, we accept the Supreme Court's ruling and we respect it. Obviously, that the judge is making these decisions are hugely qualified and applying the law as they're required to do so. The problem really, is that the decision that the government initially made to remove, Remember bacon citizenship on just to be clear The case today is quite technical, but it wasn't about whether or not that original decision was the right one or the wrong one. It was about the fact that she member Begum is currently unable to take any meaningful part in that case because she's stuck in this camp in Syria. On D can't talk to her lawyers. She can't access court hearing remotely. She can't really have any proper opportunity. Tomo make her case and that's why we see this case is a really significant statement about the right to a fair trial in the U. K. And it is very concerning that the courts made the decision that it has yes and interestingly, the president of the Court, Lord read. I mean, he said the right to that fair hearing doesn't trump all other considerations such as the safety of the public. That's reasonable, isn't it? Well, it's what the court has done two days. It's essentially said that it's very much for the government to make decisions on national security on so this is quite a strong statement from the court today that where there are issues of national security going on, they're going to have a lot of respect for the decisions that are made by in this case, the home secretary on DAT is that is a legitimate petition for the court to take We have real questions there about whether the decision made by the home secretary was the right one. Given that hundreds of other people have already returned to this country from Syria, and they're return has been managed. They don't seem to have posed such a great threat to national security that they couldn't be allowed to return to this country, and we think there's a real really big risk here. That should mean the Begum is essentially being used for the government to play to the public gallery and what is a very controversial and divisive case. And she's being held up by an example. And it's accepted by everyone that the only way that we're at the moment that she could have a fair hearing of that case is if she was permitted just enter this country just for the purposes of taking part in this case that various measures that could be put in place to try and manage any risk that she posed and then proper process could happen whereby the home secretary's decision could be scrutinized in that case. Yes. Is there any other circumstances in which she might as the court put it being a safer position to take part in her appeal? I mean, could it Could it happen in another country? Do you think or does it have to happen here? I think that's really hard question to answer in terms of what happens next from the evidence that's been presented part of the case. It seems that there is a possibility. I don't know if it's a likelihood but as a possibility that she could be transferred to Iraq or two Bangladesh. That would be very worrying in both of those countries that be arrested should be executed because of hope. You know, past involvement with the Islamic state on it is very unclear. What else could possibly shift in this case that could actually allow her to take part in her appeal on the court did acknowledge that in their decision today that what is technically done is put on pause her challenge to the removal of her citizenship. It did recognize there was a chance that that that might never be able to actually go ahead.
The Conservative Political Action Conference happens every year but 2021 will be different
"Is the big star of this year's conservative political action conference in Orlando and Republicans Coast to coast Wanna know his political future? There have been sweeping predictions about what he'll say is the keynote speaker on Sunday. Ranging from policy issues, too personal grievances about his election loss. Meanwhile, another potential presidential candidate governor Dissatisfied is leading off CPAC this morning as the most popular Florida Republican not named Trump State. Leo University Polling Institute director Frank Orlando says support for two satisfies policies on reopening schools and businesses ranges from 56 to 60%. With support for his vaccine rollout at 62%, which means he's getting support, obviously among Republicans, but also among independents and even some Democrats. Orlando says attacks on the status is covert response from Democrats just seemed to make him stronger with Republicans.
TikTok To Pay $92 Million To Settle Class-Action Suit Over 'Theft' Of Personal Data
"Has agreed to pay $92 million to settle a class action lawsuit. It's over the company's data collection practices as NPR's Bobby Allen reports the suit alleged Tic tac, surveilled millions of Americans and sold the data without users consent. Talk is setting up a $92 Million fund has agreed to sweeping changes to how it minds user's data to resolve a long running federal lawsuit. The suit claims TIC TAC secretly used facial recognition technology on Children as young as eight years old to build data profiles of users. The lawsuit says. TIC TAC sold the information to third parties, including firms based in China. Tic TAC is owned by Beijing based Bite Dance. Former president Trump clamped down on the app over national security concerns, but the Biden administration has eased off. Still, regulators in Washington are continuing to examine what kind of influence Tic Tac's parent company has over in AP used by more than 100, million Americans. Bobby Allen, NPR NEWS
Acting Capitol Police chief testifies about Washington, DC riot
"A new warning from testimony on the Capitol riot last month. During an appearance before Congress yesterday, the acting Capitol police chief said military militia groups want to stage another attack Chief Yogi Ananda Pittman. Says there are threats to blow up the Capitol sometime around President Biden's first address to a joint session of Congress. That speech hasn't been scheduled. Yet. Pittman was also asked about intelligence and procedural failures that allowed Trump supporters to storm the building on January 6. There's evidence that some of those who stormed the capital were organized. But there's also evidence that a large number where everyday Americans who took on a mob mentality because they were angry and desperate. It is the conduct of this latter group that the department was not prepared for an acknowledges Capitol police did pay some operational challenges during the
Trump to reemerge at CPAC as GOP tries to plot its future
"Action conference will provide the backdrop this weekend for the first public appearance since leaving office where former president Trump CPAC is often when a candidate a search themselves as the conservative standard bearer with an intent Be nominated by the Republican Party to run for the presidency. Whatever the former president discusses Sunday, CPAC organizer match lamp of the American Conservative Union says he's choosing his words carefully. He knows it's a very, very important reset for him and for the country and for half the country, and so many people who are here in this ballroom, many wonder if Trump will announce a 2024 candidacy. At
Joe Biden speaks to Saudi Arabia's King Salman
"The us president. Joe biden has spoken by phone with king salman of saudi arabia as the white house resets. The relationship between washington and riyadh ties between the two countries have become significantly closer during donald trump's time in office but this has been further complicated by matters following the murder of the journalist. Jamal khashoggi a us report due to be released shortly is expected to implicate the king's son crown prince mohammed bin salman offer more. I'm joined by bill. Law a middle east analyst and editor of arab digest and a regular voice on twenty. Good morning bill your morning. Let's examine straight away. What do we know that was in this. Coal between the us president the saudi king issues that perhaps saudi doesn't really want to talk about. What actually what's interesting about. The call is that the president touched on three issues. One was human rights. Any specifically single Jane elliott loon. The women's rights activist. Who has been released from prison but still has a severe restrictions on her The second is warned. Yemeni americans have made clear that they want this war to end and the third was security reassuring king solomon that america has saudi arabia's back. And of course that is important particularly given the situation with iran and mr biden's desire to return to the jcp away and interestingly as well his secretary of state tony blinken conversation with his counterpart flies. Open fought hand the saudi foreign secretary. He said pretty much the same thing. He didn't mention the. Jane elliott little but he talked about human rights. He talked about yemen and he talked about security. So the question is is these attempts to reassure as well as depress on the fronts. That biden wants action on or is this basically setting things up for this report that will be released and appears to be naming. The king's son magas oman instrumental in the killing of dramatic hollywood v. a everyone waits and most of all i think the saudis holding that brett i think that The in of the relationship between the united states in saudi arabia look. Saudi arabia is a key ally in the middle east for america. I don't know that biden wants to push very very hard in terms of doing down. How hotline as as some have suggested. I do think he wants to see some serious behavioral changes and he's using the issue of human rights as a way of achieving net.
Biden orders airstrikes in Syria, retaliating against Iranian-backed militias
"For the first time since he was inaugurated president. Joe biden tonight has ordered. Us military strike the pentagon says. The president ordered airstrikes in syria around six. Pm eastern time this evening. This is the statement that we got announcing the start from pentagon. Press secretary. John kirby he said quote at president biden's direction. Us military forces earlier this evening conducted air strikes against infrastructure utilized by iranian-backed militant groups in eastern syria. These strikes were authorized in response to recent attacks against american and coalition personnel in iraq and to ongoing threats to those personnel specifically. The strikes destroyed multiple facilities located at a border control. Point used by a number of iranian-backed militant groups this proportionate response was conducted together with diplomatic measures including consultation with coalition partners. More on that in a moment The operation sends an unambiguous message. Statement continues president biden will act to protect american coalition personnel quote. At the same time we have acted any deliberate manner that aims to de-escalate the overall situation in both eastern syria and iraq. like that statement tonight from pentagon. Press secretary john kirby announcing these us airstrikes eastern syria now in terms of what these air strikes were in response to this month in iraq. There have been three rocket attacks publicly reported in the space of a week the most recent one targeted the us embassy in baghdad. That was three days ago to rockets fired in that attack fell inside the green zone that heavily fortified area around the baghdad embassy there were no injuries From those two rockets on saturday it was four rockets that had hidden air base north of baghdad. That injured one person but last monday it was a more. A more consequential attacked. It was a dozen rockets last monday. That struck the usually peaceful northern iraqi city of bill that killed that attack killed one american civilian contractor and wounded nine other people including several americans at the air bill airport now it has been widely assumed that it was iranian backed militias that were behind these rocket attacks. Iran has denied any direct responsibility but the attacks have been seen in in many quarters as a way of sort of testing. The waters with the new administration should also be noted. That president biden took office just days after the one year anniversary of the us killing. Iran's top revolutionary guard general and a missile strike. Something iran has promised to take retaliation for the other context. That's important here. Of course that the biden administration just a week ago announced that they're ready to hold talks with iran on possibly reentering the nuclear deal that was designed to keep iran from becoming a nuclear power. That was the deal that president obama entered into with iran. That president trump pulled out of as we've been reporting the story trying to understand the scale of these airstrikes night. We have just gotten some tape from the brand new defense secretary. lloyd austin. He spoke with reporters on a flight back to washington. He had been visiting. Us military facilities on the west coast. This was on board the plane back on route to the. Us's coast a target that we would after we know what we get and and we're confident that that target was being used the same shia militia that That conducted the strikes. You're very deliberate about our approach as you would expect this to be You're allowed to it. Occurs the iraqis to investigate develop intelligence and very helpful to us and refining target. You i was season was my recommendation We said a number of times. We will respond At you know on our time line and once again we wanted to be sure that the connectivity and wanted to be sure that can't the right dr sites it was today. Yes issue one defense secretary. Lloyd austin that's tonight we just got in that tape moments ago. Speaking about the first military operation of the biden administration. these airstrikes on iranian backed militias in syria. The administration says they are response to rocket attacks that targeted u s and coalition forces in iraq. You just heard Defense secretary austin there say that it was president who authorized these strikes And he did so this morning per the defense secretary's read out to reporters tonight joining us now. For more is nbc's chief foreign correspondent. Richard engel richard. I didn't expect to have you back on the show so soon after talking with you last night on a totally different matter Joining us on short notice tonight to help us help us through this. Not not a problem. And i was speaking short while ago with a senior. Us official with direct knowledge of this This was a a message to iran and iranian backed militias. According to this official. And the message was that the united states will no longer tolerate harassment will no longer tolerate attacks rocket attacks missiles attacks and particular the attack on your bill of earlier this month was seen as something of a watershed moment so this was a a message. That times have changed that. Even though the president biden wants to negotiate with iran this administration does not want to be bullied does not want to be pushed around is not going to accept the Increased military action that put us personnel and allies at risk. So this was. This was a strong message. It was described to me as the The carrot the stick in the carrot and stick of diplomacy and deterrence that the. Us is offering the carrot. They wanna get back to talks but they also are using the stick for the for the first time today and sending this message. The target that was hit was described as a series of buildings that were used to supply and support these different militia groups. A kind of a border crossing area on the border between syria and iraq. the militias. That operate in this in this area do often cross the border. The fact that the strike took place in syria is also significant. It take some of the pressure off of the government of baghdad. So this was a a very carefully chosen target. It was a calibrated response. Trying to hit specifically the militia that had been targeting the us forces and allied forces and also to send a clear message to iran. That times have changed now. The official said this is also a message to iran and the militias. That things are different than they were. Under the trump administration under president trump and by way. We almost went to war with iran in a very similar circumstance. That that we're in right now. About a year
The Conservative Political Action Conference happens every year but 2021 will be different
"In Orlando. It's called CPAC, the conservative political action Conference and with a closer look at this year's gathering, ABC News correspondent Andy Field Andy after losing the White House. What's the tone of the conference going to be this year? Well, the theme is called America On canceled. I think they probably got that from former President Trump, who was none too happy about being canceled by Twitter and Facebook and many other social media Basically, Silencing him on all those platforms after many of his tweets were considered, uh, inciting violence, and many of them in retrospect, appeared to have helped Spark the attack on the U. S. Capitol. So Republicans and certainly the Conservatives of this conservative political action conference are angry about this. They're saying that they're being silenced by liberal media. And they're going to speak out about it, which, ironically will be covered by many of the outlets that they considered to be liberal media. Well, it seems also and maybe on a grander scale. The big task for the Republicans is charting their future and and maybe unifying the party because it seems so at this point, so splintered. Well, it is. There was a survey that came out recently. That said 46% of Republicans would gladly join a new party headed by Donald Trump. In split off from the Republican Party. That's a significant number of Republicans who say they're more loyal to Donald Trump of the party. That's a concern for the rest of the party, and certainly Is going to go play into what this conservative political action conference is all about. This is usually the Super Bowl of folks trying to get attention to say, Hey, look at me. I want to run for president the next time around. Except the leader of that group appears to be the man who just was president and wants to get another shot at it. Let's talk more about the former commander in chief. I see that Donald Trump is on the guest list. What about that? And who else would we know who other famous names are on that list? Andy Well, former Secretary of state Mike Pompeo, who has also released We've heard rumblings that he might want to run for office. But would he do it against Donald Trump? We don't know Other people Tom Cotton Ted Cruz. Josh holy of Missouri. All of expressed some interest in the past or present and even future of trying to get the highest office in the land. So this is really kind of Ah, A tag team elbowing match to see who is going to get the most attention who makes the biggest splash here. And then what will former President Trump say? Well, he ignore what happened at the U. S. Capitol will Hey, talk about where he'd like to see the party will even say, Hey, I'm announcing I'm running again. That's all The mystery involved here, which is what former President Trump likes to do is a former TV host is He's the audience to make sure they tune in. Ted Cruz invited But after what happened
Thierry Henry steps down as CF Montreal coach, cites family reasons
"We have to again on this. Show point out that humanity trump soccer right. I mean if you read gary statement and leaving club montreal. He it's not about the competition side. It's not about the. It's not about his aspirations as a manager. it's about his life. it's about his children. it's about his family. It's about a pandemic that has robbed so much from all of us is about saying i have to do. What's right for me. And you know what. I'm sitting here in a basement in kansas city. understand man. Terry loved having you in this league would have loved to have you here still But we completely get it. Go do what's right for you and your family. And i think they see with anri. Listen we hope first off as you said. Everything's okay with his family and he's able to get back to them and be comfortable and be happy again and then the other is you know. It's unfortunate him leaving this league now but he has been agreed basseterre for mls as a player and then when he left and went back to europe. And so we'll continue to do that so you're not are always going to be involved in around major league soccer because he has been now for ten almost ten years and he'll continue to do that in europe you you'd you'd think and if he can coach and manage their it can continue to push that. Which is we talked about. Porno on the last show and patrick vieira jesse martian. What guys are doing over there in tehran. We will continue to be a part of that
Court blocks release of records about Seattle cops in Washington, DC on Jan. 6
"Has temporarily stopped the city of Seattle from naming six SPD officers who attended a Trump rally The day of the U. S Capitol attack more from Cuomo's core one take the officers requested and were granted a temporary injunction to prevent the city from releasing their names in response to a public records request filed by Cuomo News and others. Geneva. Taylor with the Office of Police Accountability, says SPD has suspended at least two of those officers but otherwise is tight lipped. I can tell you is that it is being investigated. The officer's attorney says. None were involved in the Capitol attack. The Seattle Times reports. The restraining order is good until a second hearing on March 10th. That's when the King County Superior Court judge will decide whether to lift the injunction or make it permanent.
Economist Scott Irwin: How Chinese Buying Is Causing a Boom in Agricultural Commodities
"We're going to dive into the whole issue of food price inflation as well as the new dallying hog futures contract by poplar request. We're going to be speaking to scott irwin. He's an agricultural economist at the university of illinois scott. Welcome to the show be here. Cisco in addition to being an agricultural economist. You're also an actual farmer from iowa. Is that correct. Well try technically speaking. I don't actually get much tractor. Driving and physical participation but i. It's an interesting situation I from the landlord's side of my family's farm out niwa my eighty five year old mother and i provide the management and do all the marketing of the crops. So i lived through the epsom downs of the grain markets. Like everybody else plus a get to try to work the market with my card playing eighty five year old mother that sounds extremely satisfying. And fun right now. You know sort of mentioned this rally that we're seeing as pretty intense across various soft commodities agriculture commodities. What are you give us the sort of basic big picture of what's going on what's driving This bid china perfect is that is Sixty does the yeah. It's not the only factor of course but in the market that's the number one driving force we've seen a Justice explosion in a grain exports to china basically started about last july and as shown little signs of cooling off some of that related to their phase one trade agreement that was negotiated. A in the previous trump administration Some of it also related to rebuilding of their hog her because of the african swine fever and then some of it is also Related to just their desire to rebuild some of their reserve stocks as well. But that's so one thing. I always wondered about you. See these headlines that china is building up its grain reserves. And i don't know i i can kind of see. Why countries would do that. But i i always wonder how useful those reserves are over the long term and how they actually use them. Can you give us a sort of like potted summary of what building up reserves actually means well classic example of something a sounds good in theory and rarely works well in practice. We have many decades of experience with different kinds of reserve schemes. Here in the us They've tried it metals grains and all sorts of commodities soft commodities over the years so they're called buffer-stock. Ski seems and the problem. Is you know the idea. Is you build it. You know it's kind of the seven fat years seven lean years a biblical example put in practice and so that all sounds good in theory but it all becomes very political and Governments have tendency to not want to release the buffer stocks when they really ought to to You know maybe calm markets down because farmers are mad because you're driving the price down So it's just it's a deeply political and it rarely works as a well as it sounds in theory.
"trump" Discussed on Trump, Inc.
"One <Speech_Music_Male> has <SpeakerChange> ever tried. <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Advertisement> <SpeakerChange> <Music> <Advertisement> <Speech_Music_Female> <Advertisement> <Speech_Music_Female> <Advertisement> This episode <Speech_Music_Female> <Advertisement> was reported and produced <Speech_Music_Female> <Advertisement> by Meg Kramer <Speech_Music_Female> <Advertisement> and Catherine, <Speech_Female> <Advertisement> Sullivan and edited <Speech_Female> <Advertisement> by Nick Varsha, VER-, <Speech_Female> <Advertisement> sound design, <Speech_Female> <Advertisement> and original scoring <Speech_Music_Female> <Advertisement> by Jared <Speech_Music_Female> <Advertisement> Paul. The <Speech_Music_Female> <Advertisement> theme music and additional <Speech_Music_Female> <Advertisement> music is by <Speech_Music_Female> Hannah's Brown. <Speech_Music_Female> <Advertisement> This <Speech_Music_Female> <Advertisement> is our last episode <Speech_Music_Female> <Advertisement> before the election <Speech_Music_Female> <Advertisement> but we'll be back <Speech_Music_Female> <Advertisement> in here feeds soon <Speech_Music_Female> <Advertisement> with <Speech_Music_Female> <Advertisement> all new trump inc <Speech_Music_Female> <Advertisement> reporting <Speech_Female> <Advertisement> the latest by signing <Speech_Music_Female> <Advertisement> up for our newsletter at <Speech_Music_Female> <Advertisement> our website trump <Speech_Music_Female> <Advertisement> INC <SpeakerChange> podcast <Speech_Music_Male> <Advertisement> dot org. <Speech_Music_Male> <Advertisement> Special <Speech_Music_Male> <Advertisement> thanks this week <Speech_Music_Male> <Advertisement> to Genevieve Smith <Speech_Music_Male> <Advertisement> James Walsh <Speech_Music_Male> <Advertisement> Charlotte <Speech_Music_Male> <Advertisement> Klein. My <Speech_Music_Male> <Advertisement> habit and the whole <Speech_Music_Male> <Advertisement> team at New York <Speech_Music_Male> <Advertisement> magazine <Speech_Music_Male> <Advertisement> you can find a link to our <Speech_Music_Male> <Advertisement> massive list <Speech_Music_Male> <Advertisement> of trump profiteers <Speech_Music_Male> <Advertisement> in the show <Speech_Music_Male> <Advertisement> notes for at NY <Speech_Music_Male> <Advertisement> MAG <SpeakerChange> DOT COM <Speech_Music_Female> <Advertisement> for more <Speech_Music_Female> <Advertisement> on attorney <Speech_Music_Female> <Advertisement> William Conroy <Speech_Music_Female> <Advertisement> Checkout Christopher <Speech_Music_Female> <Advertisement> wirth's reporting <Speech_Female> <Advertisement> for recent episode <Speech_Music_Female> <Advertisement> of the WNYC <Speech_Female> <Advertisement> podcast. The <Speech_Music_Female> United <SpeakerChange> States. <Speech_Music_Male> <Speech_Music_Male> Thanks also <Speech_Music_Male> to Dave mckinney <Speech_Music_Male> <Advertisement> and former acting <Speech_Music_Male> <Advertisement> pardon attorney, Larry <Speech_Music_Male> <Advertisement> Cooper's and <Speech_Music_Male> <Advertisement> former pardon <SpeakerChange> attorney <Speech_Music_Male> <Advertisement> Margaret love. <Speech_Music_Female> <Advertisement> Matt <Speech_Music_Female> <Advertisement> Kellett as the <Speech_Music_Female> <Advertisement> Executive Producer of trump <Speech_Female> <Advertisement> INC Emily <Speech_Music_Female> <Advertisement> Boutin is <Speech_Music_Female> <Advertisement> WNYC's vice <Speech_Music_Female> <Advertisement> president for original <Speech_Music_Female> <Advertisement> programming <Speech_Music_Female> <Advertisement>
"trump" Discussed on Trump, Inc.
"The September eleventh terrorist attacks changed the world. There's a sense that they came out of nowhere they didn't. I'm Jim O'Grady and in my new podcast, I'm going to revisit the evidence in question the people at the center of the story I don't WanNa, use the word panic. Let's penetrate hisself. I. Blindspot the road to nine eleven a new podcast series from history and WNYC studios listened wherever you get your podcast. More back. You're listening to trump INC and today we're looking at how the trump way of doing business has embedded itself into American democracy. act. Three Pardon me. In May something new showed up in the PODCAST carousel. Hi. This is rob Roy. Vich had welcome to the lightning. Rod podcast. This is my first podcast. He's bear with me. I've never done this before lightning rod with Rod Blagojevich the only podcast hosted by former governor convicted of bribery and attempted extortion who sentence was commuted by president trump. That's not the official show description Laghouat walked out of prison in February by May. He was sharing his story that was sitting in prison. Watching the news and following his campaign in two thousand and sixteen once he was a Democrat now blagojevich calls himself a trump crap and I think he's a trump to a lot of democrats around the country working people who the Democratic Party today's Democrat Party have abandoned and forgotten, which has history with trump between his arrest and his trial. He was a contestant on celebrity apprentice Harry Potter facts were not accurate. Who did the research? There was not a specific direction to the research on Harry Potter but the inability to learn the product after he went to prison on a fourteen year sentence and after trump was sworn in as president rods wife Patti. Campaigned on TV to get trump to free her husband, she was on Fox a lot. She linked special counsel Robert Muller to her husband's prosecutor Patrick Fitzgerald. She accused the authorities of spying on her husband in much. The same way she claimed they spied on trump's allies the latest revelations about how the Pfizer Court and how they used. slander was essentially opposition research slander against the president to you know to spy on him and just like the allegation that they used against my husband to get six wiretaps on all of our phone lines. The ability to make pardons. Mutations is one of the few presidential powers with almost no constraints. Trump likes unconstrained power and every year he's been in office. He's found more and more cases he thinks are worthy of clemency sheriff Joe Arpaio who defied a court order to stop the use of racial profiling military officers convicted of war crimes, ranchers who committed arson on public land. He sees this as a tool for you know, expanding his authority expanding his influence winning political points, making his enemies, heads explode, and the like Jack Goldsmith was assistant attorney general. In the George W Bush administration. He's a professor now at Harvard prompted by. The pardons ideological allies and sycophants. Goldsmith assembled all of trump's pardons and commutations in a spreadsheet. I just wanted to try to figure out an objective where possible what was different about trump not knowing what they would find Goldsmith and his collaborator Matthew Gluck created one column for pardons that advanced a political agenda. One for cases with personal connections trump one for TV appearances like Patti Goya Vich on. Fox, and the fourth and last one for cases brought to the attention of president by celebrities and so what what was your overall finding then? Basically, trump position thirty, nine pardons or commutations of sentences and an astonishing thirty, four of those. Satisfied one of those criteria and the general in other words thirty, four, thirty, nine pardons were self serving in some way. Since my interview with Jack Goldsmith trump gave clemency to five additional people mostly for drug offenses. Typically, in the past presidents have pardoned criminals who show real remorse or punished too harshly it's rare to pardon an ally and that's really remarkable finding here as I say some presidents in the past, especially at the very end of their terms have issued cell serving pardons. But those are exceptional. Trump has a practice of it and he did it before the end of his term. So. There was Paul Pogue, a Texas construction executive who was pardoned for tax crimes after his family gave hundreds of thousands of dollars to trump aligned political groups, media baron. Conrad Black was convicted of obstruction and fraud and extradited to Canada. After he wrote an adoring book about trump, he got a pardon Kim Kardashian took up the cause of Alice. Marie Johnson who was convicted of non-violent drug crimes after trump freed her Johnson. Spoke at his convention. But by the grace of God and the compassion, a President Donald John Trump I standard for you. Tonight, the pardon power has a cost less act to him. Personally, it's literally involves signing a piece of paper. So, whatever he gets in return is in some kind of very reductive way more than what took him to do it especially since he says, shame listen doesn't care about the political outcry in some cases showing clemency may do a lot more for trump when the president issued a commutation to Roger Stone he shielded appear in the twenty sixteen campaign and someone who became a target of special counsel Robert. Muller. Stone said things that let us Blake this. That Mahler was pressuring stone to reveal instances in which trumpet lied to the Special Counsel that stone kept quiet and this was basically a pay offer as quietude. Now, we don't know that there's some circle edge dental evidence pointing to it, but it shows the extraordinary danger of the pardon being able to use essentially to obstruct justice and protect the president. Even the suggestion of a pardon may have an effect a toppmoller prosecutor enter Weisman believes that trump's public dangle of a pardon for Paul manafort influenced Manafort's decision to stop sharing information with law enforcement. The only real constraint on the use of pardons is public opinion. People still remember the Stink Bill Clinton's part of tax evader, Democratic Party donor. Mark Rich. Goldsmith who just co authored a book called after trump reconstructing the presidency believes that if trump loses in the November election, he won't hesitate to pardon friends and family anyone who may be subject to an investigation. By the next administration for Federal Crimes. Members of this family for example, and others he can just issue a blanket pardon for all of that and therefore take away the possibility of criminal prosecution for those federal crimes. And most significantly, he could pardon himself. he could issue a so called self pardon which has never been done, and frankly no president has hinted at it trump his claim that he has the power to do this. He tweeted in two thousand eighteen as has been stated by numerous legal scholars. I have the absolute right to pardon myself. But why would I do that when I have done nothing wrong. There is no case law on this. A president pardoning himself is so unthinkable not.
"trump" Discussed on Trump, Inc.
"Listener supported W. nyc studios. I want to tell you about just one day of trump's Washington. April thirtieth two, thousand eighteen. Nine top executives from t mobile. Check into the trump international hotel in Washington DC with their names on a list of VIP arrivals. They arrive in Washington at a critical moment. Just the day before the company had shared some big news team mobile and sprint announcing yesterday they still the blockbuster. Deal agreement T mobile is set to by Sprint for a whopping twenty, six billion dollars to complete the deal. The company needs approval from the justice. Department one block away from the trump hotel. Hanging out in the lobby in his trademark hot pink and Black T. Mobile. Hoodie. CEO John Ledger is instantly recognizable to hotel guests he and the other exacts aren't just patronizing the president's hotel. They're advertising they're doing so. In. The original same evening check. Sam. In a closed-door sweet justice the hotel lobby. More lobbying is going on. A small group of political donors dining with the president of the United States. Method that you shut down. So every truck now. The guests include a steel magnate who complains to the president about roles limiting the number of hours truckers can be on the road. A property developer who is just holding the next summit with Kim? Jong. UN. And a site he built near Salt if you would. Consider. song-bo also in the mix. Too then obscure businessman either from in which report from you and left Parnasse. They'd security invite to the dinner after promising three hundred twenty five, thousand dollar donation to America first. Action Trump aligned super PAC. They also have something they want from the president or the purchasing A. Ukraine right now that should. The US ambassador in Kief Maria von beach stands in their way we guard your Basler is she still leftover from the Clinton administration where the investment where you great. Yeah. She's basically walk around telling everybody wait he's GonNa get impeached just wait like this is a fabrication. Trump's reaction is strong. Of. Oak. Take her out. It. Took a year. For trump. Did get rid of her. The other person's staying at the hotel that Night T..
"trump" Discussed on Trump, Inc.
"Listener supported W NYC studios. Hello it's Trump Inc. from WNYC and PROPUBLICA I'm Ilya. MARRITZ for more than four years. Donald. Trump has refused to share his tax returns as every other major presidential candidate has done for decades. You know the one that cares about my tax returns of the reporters okay. I. One do you believe that? He says he will he wants to. Buddies under. Audit. Tax Returns because as you know, they're under on it. In fact, there is nothing that says you can't make your taxes public when under audit but that's his excuse and he's sticking with it as he runs for re-election all of which has amped expectations for what might be hiding in his returns if we ever got. Well. Now we are getting some answers, but this is one of the most important stories of the past five years, not one of the most important stories of this year. But one of the most important stories of the past five years because as a candidate, donald trump fought hard to shield his tax returns and as president he has gone even. The New York Times this obtained more than twenty years of tax information for Donald, trump and trump businesses including his time in the white. House. So this is the kind of information that we are going to be hearing about for days and weeks to come and including on the debate stage in front of Sixty, seventy, eighty, million people on Tuesday night. You probably saw the eleven thousand word story they released on Sunday the. Times. Piece touches. So much of our own reporting here at trump bank that we decided to get out our reporter's notebooks and compare. I such a Dork I sat here with my newspaper open and a highlighter I've never sat down with a newspaper and a highlighter, which is you know because it leaks through and so it's really meant for that. But I didn't want to forget anything propublica Heather Vogel and Trump Inc reporter Meg Kramer I turned off in New York Times push alerts on my phone like two years ago when I? Went, on vacation and I never turn them back on again and so I actually found out because people started texting me asking me if I had seen the news nobody in their text, told me what the news was. So I could go on the New York Times website to figure it out Heather Meg. Welcome. Hi. Hello MIC. What is one big thing that you're chewing on after reading this piece? I think the thing a lot of people are going to take away from this reporting is this seven hundred and fifty dollar number that for two years he only paid seven hundred and fifty dollars in federal income taxes. It's obvious point. But like all of us pay more than seven, hundred, fifty dollars a year in taxes but like looking past that seven hundred and fifty dollar number there is so much more in this reporting that starts to fill in the gaps in our understanding of what it means for trump to be in business and in the White House at the same time. So give me one of the things that you think is more significant than his low tax bill. The thing that really struck me as I was reading this was learning that trump is under audit. The IRS is reviewing this refund that it gave him ten years ago, and there's this open question. There has been this open question throughout trump's presidency of whether or not he does the government one, hundred, million dollars. which is a lot of money to the government. So while trump himself had said that he was under audit, this reporting really adds so much to our understanding of what that actually means. Yeah. I. Mean I mean I think that the audit. Relates to one of my bigger takeaways from the whole piece, which is really. That we have this incredible tension between basically different images, different projections of Donald. Trump that. Have come from him and have come from his supporters and the sort of reality of the finances. We have this question of you know we all knew that some of his businesses were losing a lot of money. We may not have had dollar figures around before but we knew he was losing money and we knew that he was a serial tax avoiders. Because he'd said, so himself and so there's always been this question of. How much are those losses Just bad business how much is he just making bad business decisions and how much are they part of some complex? Legal and tax strategy that is somehow you know putting more money in his pocket and I think we have a lot more numbers around those questions right now and what's really interesting to me is reporting shows how this tension is really coming to a head right now that we have what really looks like it could be a house of cards in his financial. Dealings and the question is is, is it going to fall soon and one of the levers that could push him toward having that type of sort of massive financial collapse? potentially is this refund and president trump has maintained that this is not a risk in a tweet that he sent the morning. After the time story published, he said that he and his businesses have very little debt compared with the value of his assets. Meg. Maybe you just walk us through what's in this tax refund. So, during the early years of the apprentice from two, thousand, five to two, thousand, seven trump made a lot of money off of his brand licensing his name doing endorsement deals, and the Times reported that he paid a lot in taxes those years he paid seventy million dollars in taxes. Then something happened in two thousand nine, which was Obama became president and he signed a recession recovery bill that allows taxpayers to go back more years in the past and write off their losses and trump took advantage of this. So on his two thousand, nine tax return, he claims seven hundred million dollars in business losses which allowed him to get that seventy million dollars back from the irs and apparently what happens when you do that. Is The irs gives you something called a quickie refund, which is when they send you a check and then they look into you know whether or not they're going to approve that claim. So any refund over two million dollars needs to be approved by the IRS and this bipartisan congressional panel, and what's hanging in the balance is the question of whether or not trump gets to keep this refund and his awad bigger than two million dollars. In, this audit is not Your Typical Audit where the irs comes in and says, okay, we're going to take a look at your year twenty seventeen tax return and we're going to go down and count the beans and see if it's accurate or not. This is like a special audit that has a very special layer of oversight to it. That involves this huge seventy-three, million dollar refund he claimed and the New York. Times incredibly deep and revealing reporting suggests that the refund stems from his backing away from is Atlantic City casino losses in a very dramatic way in two thousand nine claiming to abandon those businesses in order to be able to get something like a write off and claim the seventy-three million dollar refund and if he has to pay back, it could be as much as hundred million dollars because of interest. as as MEG said. The refund has been questioned and has not been confirmed by the IRS as legitimate and the Times points to some reasons why the Iris could change. It's mine on that and ask for that money back plus interest and fees, which could leave him with a liability of as much as one hundred, million dollars or more to the US government. So The Times talks about the precarious state of trump's business I was very struck that trump had sold most of his stocks in two thousand fourteen. He started taking out loans on properties. He had already paid for a long time ago like the commercial space in in trump tower and to me that really all suggests the guy who is under strain and it backed up something that Michael Cohen said when he testified before Congress which was that the bid for the presidency was really.
"trump" Discussed on Trump, Inc.
"It's. <SpeakerChange> <Speech_Female> It's a <Speech_Female> it's a bit of Alchemy <Speech_Female> that's up <Silence> there with. <Speech_Female> You know <Speech_Female> turning him into <Speech_Female> a successful <Speech_Female> brilliant <Speech_Female> businessman <Speech_Male> I <SpeakerChange> don't <Speech_Female> understand it. <Speech_Female> You're saying <Speech_Female> that it's because <Speech_Female> it reflects back on him <Speech_Female> that. Yes. <Speech_Female> The way he treats his <Speech_Female> children now <Speech_Female> and we were just talking <Speech_Female> before the break about <Speech_Female> how you <Speech_Female> know I. Mean we <Speech_Female> in our <Speech_Female> reporting. <Speech_Female> That we <Speech_Female> do with Propublica for <Speech_Female> the podcast trump, INC <Speech_Female> have uncovered <Speech_Female> all kinds <Speech_Female> of variations of <Speech_Female> Donald Trump <Speech_Female> overvaluing <Speech_Female> something when he <Speech_Female> wants to <Speech_Female> say get alone <Speech_Female> and <Speech_Female> undervaluing <Speech_Female> it when he wants <Speech_Female> to say, not <Speech_Female> pay taxes <Speech_Female> and I'm wondering <Speech_Female> if you <Speech_Female> <Speech_Female> interpret your own <Speech_Female> experiences sort of being <Speech_Female> part of the family <Silence> business, <SpeakerChange> model. <Speech_Female> <Speech_Female> <Speech_Male> That's a really <Speech_Female> interesting way of putting it. <Speech_Female> Yes. <Speech_Female> Of course. <SpeakerChange> <Speech_Female> and He. <Speech_Female> Doesn't <Silence> there with everybody. <Speech_Female> <Speech_Female> You know not just <Speech_Female> family members <hes> <Speech_Female> although <Speech_Female> I know that <hes> Marianne <Speech_Female> who <Speech_Female> used to be. <Speech_Female> Touted <Speech_Male> by him <Speech_Male> as a great federal <Speech_Male> judge has been <Speech_Female> thrown into the under <Speech_Female> the bus by a bunch <Speech_Female> of its recently <Speech_Female> <Speech_Female> But he also does it <Speech_Female> with people he hires, <Speech_Female> and then a ends up firing. <Speech_Female> He <Speech_Female> does it with absolutely <Speech_Female> everybody <Speech_Female> and it's <Speech_Female> you know <Speech_Female> <SpeakerChange> that's a <Speech_Female> trick that he got <Speech_Male> from my grandfather. My <Speech_Female> grandfather <Speech_Female> started doing that <Speech_Female> probably. <Speech_Female> <SpeakerChange> In the forties. <Speech_Female> <Speech_Female> I'm GonNa ask you a question <Speech_Female> that people ask me a lot <Speech_Female> which is, how <Speech_Female> does he do this repeatedly <Speech_Female> and keep <SpeakerChange> getting away <Speech_Female> with it? <Speech_Female> <Speech_Female> That is <Speech_Female> the great mystery. <Speech_Female> <Speech_Female> That we desperately <Silence> need to solve. <Speech_Female> <Silence> <Speech_Female> I think. <Speech_Female> <Speech_Female> In a really <Speech_Female> weird way, <Speech_Music_Female> it's <Speech_Female> <Speech_Female> It's. <Speech_Female> Sort of a reductive <Speech_Female> answer, which is <Speech_Female> because he <Silence> always has. <Speech_Female> <Silence> <Silence> <SpeakerChange> <Speech_Female> And one <Speech_Female> of the reasons he has <Speech_Female> has to do <Speech_Female> with how? <Speech_Female> People buy <Speech_Female> into <SpeakerChange> a particular <Silence> narrative. <Speech_Female> <hes> <Silence> that that. <Silence> Sets <Speech_Female> in. <Speech_Female> You know. <Speech_Female> It started with my <Speech_Female> grandfather and <Speech_Female> <hes> the <Speech_Female> MRI created about Donald <Speech_Female> that he desperately <Speech_Female> needed to. <Speech_Female> Maintain <Speech_Female> as did <Speech_Female> the New York media <Speech_Female> in the eighties and <Speech_Female> the banks <Silence> in the eighties and nineties. <Speech_Female> <SpeakerChange> <Speech_Female> <Silence> But. <Speech_Female> <SpeakerChange> <Speech_Female> Beyond that <Speech_Female> I think part of too <Speech_Female> is that Donald <Silence> has. <Speech_Female> <Speech_Female> The ability <Speech_Female> to flood <Speech_Female> zone. So <Speech_Female> <SpeakerChange> effectively <Speech_Female> that <Speech_Female> it keeps people. <Silence> <Speech_Female> <SpeakerChange> <Speech_Female> From focusing <Speech_Female> on anyone <Silence> thing We're <Speech_Female> constantly <Speech_Female> changing <SpeakerChange> losing <Silence> our focus. <Speech_Female> I think. <Speech_Female> When <Speech_Female> people are distracted, <Speech_Female> he <Speech_Female> continues <Silence> to. <Speech_Female> <Speech_Female> Just, keep the the <Speech_Female> narrative, his <Speech_Female> preferred <SpeakerChange> narrative <Speech_Female> out there. <Speech_Female> <Advertisement> We have about <Speech_Female> <Advertisement> thirty seconds left but <Speech_Female> <Advertisement> I wanted to ask you <Speech_Female> this is all about a <Speech_Female> potential trump second <Speech_Female> term. What do you think <Speech_Female> would be the consequences <Speech_Female> <SpeakerChange> for <Speech_Female> the nation? <Speech_Female> Simple <Speech_Female> and dire <Speech_Female> the American experiment <Speech_Female> will be over <Speech_Female> and it will likely <Speech_Female> be the end <Speech_Female> of American <SpeakerChange> democracy. <Speech_Female> <Speech_Female> <Speech_Female> <Speech_Female> Dark <Speech_Female> Note. <Speech_Female> Mary Trump's <Speech_Female> bookstore <Speech_Female> never enough <Speech_Female> how my family created. <Speech_Female> The world's most <Speech_Female> dangerous man is a great <Speech_Female> read. I highly <Speech_Female> recommend it. <Speech_Female> Thank you so much <Speech_Female> for joining <Speech_Female> us today. <SpeakerChange> It's been an <Speech_Music_Female> honor. Thank <Speech_Music_Male> you I really appreciate it. <Music> <Speech_Telephony_Male> <Music> <Speech_Telephony_Male> <Speech_Telephony_Male> <Music> <Music> <Music> <Speech_Telephony_Female> <Music> <Advertisement> <SpeakerChange> <Speech_Music_Female> <Advertisement> <Speech_Music_Female> <Advertisement> Thanks for listening <Speech_Music_Female> <Advertisement> to this bonus episode <Speech_Music_Female> <Advertisement> of trump. <Speech_Music_Female> <Advertisement> This conversation <Speech_Music_Female> <Advertisement> was produced by Zach <Speech_Music_Female> <Advertisement> Gotora Pohan <Speech_Music_Female> <Advertisement> and the team from. <Speech_Music_Female> <Advertisement> <Speech_Music_Female> <Advertisement> The podcast engineering <Speech_Music_Female> <Advertisement> help from <Speech_Music_Female> <Advertisement> Bill Moss <Speech_Music_Female> <Advertisement> I'm Andrea Bernstein. <Music> <Advertisement> <SpeakerChange> Thank <Music> you for listening.
"trump" Discussed on Trump, Inc.
"Wants to appeal to his base as nope incidents. And is basically my God the. Religious. person you want to help people, trader stories, a lack of preparation the Hawaiian. The only. A So. That's Donald. Trump older sister Maryanne trump barry and that audio comes courtesy of the Washington Post. Who got the tape from you after? Doing some reporting legwork and asking you some questions. But what are we to make of the fact that here's his older sister, his close family members saying this behind closed doors and you're saying we've heard you say today while his children and his staff members all week kept repeating during the convention some version of if you knew Donald Trump I, knew donald trump you'd see how secretly warm and caring he is. How do you interpret that disjunction? It's simply a testament to how willing. People in Donald are. To Lie. For him and on his behalf. You know. I I've known him my entire life, and there's not one thing I heard said about him during the entire convention that. had. Any ring of authenticity to it so I think. Marianne comments. In private are a lot more to be trusted. Than anybody else's comments about him in public in the context of. An event that was designed to elevate so. I'm just kind of trying to get my mind around because this is his older sister. We just talked about how he effectively disinherited the heirs of his older brother and here's someone who talks about the importance of family and obviously privileges his own children, Yvonne Junior and Eric and their spouses and partners. How do you so does to pieces together? Yet, well, first of all these preferencing his own children for his benefit not for there's the so we need to be clear about that. It's it's quite mystifying to me honestly that people. Look Donald and and see somebody to admire or believe for a second that he would be a great family man There's so much objective reporting that's been done about his his life, his lifestyle, his relationships that.
"trump" Discussed on Trump, Inc.
"Didn't know. That there was any criminality involved. I didn't know anything about the fraud or the show corporations or the money lawn. I knew none of that So that was and not only did I. Did I not know that I had no idea that anybody other than Donald or I grandfather was involved So that we submitted for shock it was shocking and it was. It added another level of. To the mix. Or actually. It added betrayal to the mix because twenty years earlier it sounded I felt betrayed as much as I felt unprotected you know these people were not just my aunts and uncles but my trustees and they clearly didn't. Have my best interests at heart when. You, know they refuse to do anything about my grandfather's estate but I didn't know beyond that. I didn't know that there was any financial. diriye financial distractions going on that. affected. My bottom line when they bought me out of certain properties I had to share in. So yeah, that was A. That was a an unpleasant surprise. Shall we say? So you really in your book which I think I missed spoke too much and never enough is the title too much ended never enough by Mary trump you really talk heartbreaking detail about the story of how you and your brother Fred trump a third where. Basically a pressure to accept a legal settlement that effectively disinherited your disinherited disconnected you for much from much potential wealth when your grandfather died. And in that legal settlement to pressure you to go along. Donald Trump. took away your health insurance while your nephew is suffering a rare disorder. Can you walk us through what happened? Yeah, first of all credit work is do it wasn't just donald it was Donald, my aunt, my uncle Robert and my grandmother. which makes it worse. So. What stunning to me? I mean beyond the fact of it, the cruelty of it is how quickly they did it I think it was a matter of weeks if not days after we filed. The lawsuit challenging my grandfather's well. that. They came up with this game of taking away our health insurance of which would've been. Not Particularly. Kind strategy if it had just been me and my brother but given my nephew circumstances, it was. Just, inhumane and Despicable. So it also added a level of stress. To. An already stressful situation that was unimaginable. You Settle Donald Trump at the time said that you know they should have come to me if they'd come to me talk but they sued. So we had to take away this health insurance. Yeah. Well, it won't surprise you to know that that's a lie. Donald and Marianne just refused to speak to us about it. They made Robert Their point man. and. We had conversations with Robert for about five or six months before we brought the lawsuit. So we tried really hard to work things out there. Answer was always sorry. That's just it is what it is will the family motto I guess and just to sort of tied together I mean your conclusion now based on what the of New York Times put together is that they actually cheated you that they actually under valued assets when they were drawing up the legal agreement with you. That's right. They committed outright fraud. And how is your nephew now? All right. I. You know he's he's doing as well as he can be. And he's a really.
"trump" Discussed on Trump, Inc.
"From WNYC. As, CO, host of the PODCAST TRUMP INC, I've spent a lot of time digging into the trump family business records and speaking to scores of former trump employees, business partners, and associates. Almost to a person they were afraid to speak on the record for fear of retaliation. Until now I've never interviewed someone with the last name. On the record about the trump family business. But that changes right now, my guest is Mary trump niece of the president and author of the book too much is never enough how my family created the world's most dangerous man Mary trump holds degree in advanced psychological studies and teaches graduate courses and trauma psychopathology and developmental pathology. She's the daughter of the late Freddie trump donald trump's older brother married trump. Welcome. Thank you so much for having me. It's great to be her. To, really great to talk to you. So before we talk about your uncle speech last night, the trump family business your book. Married trump what weren't you afraid to speak out? Well I know these people. And I don't find them frightening. Don't get me wrong I know what they're capable of doing but. Telling the truth Gives you a certain amount of? Invulnerability I don't mean that's sound you've but I, I think. It does to some degree. especially. When You know you never have to worry about contradicting yourself right so I I knew that if I could get my message out. Effectively Or transit new I hoped that enough people would hear it to give me some degree of safety. Also. I don't subscribe to their idea of family loyalty. You know they they've not been loyal to me I'd like to think that I would have done what I did anyway quite honestly because there's way too much at stake but I'm just not I'm not bound to them in the way they seem to be bound to each other and You know something's got to change here and if if. My speaking out encourages others people to do so it will have been worth. The title of Your Book Too much is never enough. Seemed a pretty good description of the spectacle. We saw at the White House on the last night of the convention. The White House and cabinet secretaries used as a campaign prop dozens of people attending a rally in the middle of a pandemic defying health rules. How did you interpret what you saw?.
"trump" Discussed on Trump, Inc.
"It's Thursday night eight PM. Some big golden block letters of peer and a screen. You know the style. They say team trump online. Cut To shots of the White House the map room. There to chairs placed in front of fireplace. There are lots of lights microphones monitors. The setup looks like president. Trump might be sitting for an interview with a network news anchor. This is an interview. But it's with his. Son Donald Trump Junior. Powerful father, it's a special father's Day. Edition of Don Juniors online show triggered. which is your favorite trump child? And why is it evolve? was event. I have heard a couple of calls from you from the White House. Saying, you know. Maybe. You're getting a little hot on social media. That's true. Do you understand irony? And how that works! I do. In the world of this show, there's no corona virus and the economic crisis is only glancing leap present job numbers came out last week, and they were through the roof. There are references to the growing protests around police, brutality and racism. But, only in the context of say, blaming the Democrats for running Minneapolis and Seattle so poorly, they threaten bedlam bedlam all over the place. It won't be long order when Donald Don Jr. Talk about football. What did there should be tolerant protests by players? Their answer is now. About him sort of cowering to the mob. And that whole controversy. Here's a point done. Junior wants to make. He saw something in the TV news about some documents uncovered during the raid of Osama bin, Laden's compound and twenty eleven finally declassified them in there. There were paperwork from Osama bin Laden saying that he wanted to assassinate President Obama because it would put Joe Biden in charge. Did happen. The documents say that bin Laden said binding is totally unprepared for that post, which will lead the US into a crisis. The Washington Post reported on it eight years ago. The Obama White House said it didn't take the plot seriously. then. Fox News resurrected the story a few weeks before Don Juniors interview with his dad was taped. What does it say to you had basically the Democrat nominee for president of United States got the posthumous. Osama bin Laden endorsement that this guy is the guy that they put. It says to me. I didn't know that and it's just to me. We're GONNA immediately make a commercial out of that. Is that. The president proclaims it is true we speak the truth, and that's your, and then just like that triggered cuts to a brand new commercial Joe Biden received endorsement by Osama. Bin Laden premiered on Youtube by Donald Trump junior interviewing his father in the White House Joe. Biden China's candidate Iran's candidate and both must candidate. I'm Donald. Trump and I approve this message. This linked to bin. Laden is a trope in two thousand, sixteen, a fake image of Hillary Clinton, shaking Osama bin Laden's hand was widely circulated by Russian social media accounts. Don Jr. Show triggered is just one part of the trump media network donald trump. The president is famous for using traditional ways to reach voters especially through facebook and twitter beginning in the spring of twenty twenty, as trump put his campaign rallies on pause, the president's team began ramping up in a third area of non traditional media, podcasts and Youtube shows. campaigns do have podcasts Hillary. Clinton had head-on. Joe Biden has won. It hasn't been updated since May. Donald trump junior show. It airs every week. Some episodes get more than a million views. Triggered like other shows produced by the campaign offers as you'd expect a Trumpian view of the world. Like the president, social media feeds, there are plenty of lacerating put-downs, unlike those feeds these shows rap, the put downs inside Banter, friendship and family. In this world, what trump says is always true and the mainstream news, critics and naysayers..
"trump" Discussed on Trump, Inc.
"Hello and welcome to season. Three of trump inc chameleon merits from WNYC. And I'm just in Elliott from PROPUBLICA TRUMP INC of course a co production of PROPUBLICA and. WNYC's an open investigation in real time into the business ties that underpin the trump presidency a year ago. We brought you a story that asked a simple question. The inaugural inaugural committee raised nearly one hundred seven million dollars. What did they do with all that cash? Or as George W Bush's inaugural chief Greg Jenkins put it so. They had a third third of the staff and a quarter of the events and they raise. What at least twice as much as we did so? There's the obvious question. Where do they go? I don't know no ideas. No ideas and since Jenkins the spark last year. ABC News is reporting. That Robert Morris probing right now. The donations made the trump's inaugural committee from one key inaugural official testified under oath that he might have dipped into the fund gates admitted to Manafort's lawyers in open court that he quote possibly wrongfully submitted personal expenses to the inaugural committee for Reimbursement. DC lobbyist pleaded guilty to silting an illegal contribution from Ukrainian businessman and member of parliament San Patent admitting to arranging an illegal foreign donations Asian. Donald Trump's inauguration then last December tonight. We're learning how a lot of that money went right into the pockets of the trump family business. Here's what we we Republican. WNYC Brooks News ourselves have uncovered evidence that a vodka trump played a role in how hotels were booked for the inauguration. impossibly next the inaugural committee came directly under investigation. Federal prosecutors in New York is a wide ranging subpoena for documents and records and how to relate nice to potential crime conspiracy against the US false statements mail fraud people from the Middle Eastern countries including Qatar Saudi Arabia and the U. A. e. a used Straw donors to disguise contributions. The trump administration has attracted people who've tried to profit from government connections. Think think Michael Cohen or Michael. Flynn now with a federal investigation of the inaugural committee. It looks as if that pattern may have been set. Even before trump took the oath that brings us to the man in charge of the celebrations in January. Twenty Seventeen Tom Barrack stylistically. He could not be more different from from the president. Trump's thing is bragging don't show and exaggeration barrick can be almost comically self-effacing. All of the really smart intelligent people are in the transition edition taking jobs. That trade finance nuclear disaster. I am the master party platinum. This is a man who fortune magazine on on its cover. Once called the world's greatest real estate investor he oversees a company called colony capital with forty four billion dollars of assets under management. He's in hotels offices and warehouses a word he uses a lot is opportunistic that you have to be opportunistic. Even if Barrick took took the job of inaugural chairman simply as a fever for a friend he still had something to gain. Barrack gets fanshawe financing and does a lot of deals Shen with Middle East countries. This propublica Peter Elkins the perception and reality of his. Having influence government policy is something that matters. There's deeply to all the Middle Eastern states sovereign wealth funds investors who are are really important part of a funding with our does. ooh We found a confidential memo that shows that colony capital this global finance and real estate firm had a well-developed plan to profit from its connections and trump's Washington. Right from the start one note on this story. People who worked inauguration were covered by a confidentiality reality clause. So if you're wondering why am. I not hearing the voices of the people who made this party happen that's one reason Justin's going to rejoin the story in in a little bit. Tom Barrack is seventy one years old. He serves plays Polo received the French Legion of honor for his skills. As a Vintner you look at the vine the divine itself was capable at every level of growing these kinds of berries look sometimes gives out these little laminated cards hearts to people. He meets with his twenty rules for success. Number nine always be nice to the invisible people number fifteen take care of others and the A universe. We'll take care of you even angry. Tom Barrack doesn't really sound mad. At one of the few people in the business world that is really supporting Very publicly Donald trump wi high as a user of the system. I'm also angry with the system. I'm not angry at President Obama. It's really really difficult unless you have. Somebody who's chipping away at all of these bureaucratic pieces his whole adult life. Life Tom Barrack has walked the corridors of power his first job straight out of law school for the personal lawyer to the president of the United States. The president at that time is Richard Nixon. The lawyer is named Herbert Kulmbach. He's the man who personally delivered bags. Full of cash to the Watergate break in team combat claimed he. It didn't know what was in the back. Barrick doesn't stay there long. An assignment takes him next to the gas fields of Saudi Arabia. Where he has a happy accident? I was terrible the Laura Gasification but I play racquetball so one day my boss comes into play by play records. Well there's guy watching racquetball with not sets me up with one of the sons of the king from this first connection with a Saudi Prince Barrick spins out a web of new personal and business relationships around the Middle East relationships that continue to this day. Is there anybody in corporate America who knows the Saudis as well as you do. I'm sure there's there's there's plenty of people that I I started as a young pup. While he's in the Middle East Tom Barrack also spends time in Beirut there he strikes up a friendship with another young American. WHO's also interested in business and politics politics? Paul Manafort next Barrick travels to Haiti to negotiate an oil refinery deal with that country's dictator. Baby Doc Duvalier in the eighties. It's onto Washington. Eric briefly holds a job in Ronald Reagan's Interior Department. Not long after that. He's called before Congress to answer some tough questions questions about a home loan. He forgave which some saw as questionable. Thank you senator. I I would like to make a brief statement that the loan benefited Reagan's incoming Attorney General. Oh Ed meese. An independent counsel investigates and finds no evidence. Barrack was doing a favor to get a job. In Washington. Barrick returns the private sector. He founds ounce colony capital a private equity firm and colony thrives buying up bad loans for cheap in the savings and loan crisis of their early nineteen nineties after the two thousand eight financial crash rush. He scoops up foreclosed homes by the hundreds. And he's not at all I can swoop in and grab something in profit on somebody's misery. You know that's capitalism This is Peter Elkin from propublica who's researched barracks career with colony capital. They're involved in financing of deals or restructuring of deals. They're really pretty ECLECTIC. Operation in reflect barracks personality in many ways when Michael Jackson sinking in debt colony capital buys his Neverland ranch and makes plans for a world world concert tour. Connie also helps any leave of its hang onto the rights to her photographs when her creditors come calling require of both distressed assets and distressed. There's people he's really good at buying low in developing relationships with people often times when they're in trouble and doing big favors for them. AALTO will help him down. The road on at least two occasions colony shows interest in partnering with Donald Trump. Both Times the result is the same. No deal bill. In the nineties colony. Talks trump about financing for Manhattan development called Riverside South. They pull out and the project is built with someone else's help in twenty twelve. Twelve colony lends its name to the trump organization bid to renovate the old post office in Washington. DC There are nine other bidders trump. beat the odds. Let's wins the contract and then go somewhere else for financing Deutsche Bank today. It's the trump international hotel on Pennsylvania Avenue. I think barracas America's willing to put his neck in this company on the line a little bit to help somebody out of the critical moment. Even if it doesn't necessarily make business sense in the short-term now now a close friend business associate of Donald Trump Tom Barrack the real estate billionaires known trump for more than thirty years he's when Donald Trump runs for president barrack becomes one of the few prominent business leaders to endorse him. He goes further and recommends his old friend from Beirut days to the campaign Paul Manafort Donald Trump's campaign campaign chairman barrick raises money for the calls. Today What you're calling the real deal? Super PAC has launched and in just a few hours. How much money has it raised just about? Thirty two million in contributions a thirty pack noon is rebuilding. America now actually falls about nine million dollars short of that target but with the millions barracas. They produce a blizzard of ads. Like this one. So who is all four women.
"trump" Discussed on Trump, Inc.
"Hello Trump INC listeners. It's Ilia if you've been listening to the PODCAST for a while. You know. We have a lot of questions about the nonprofit committee that Organiz the parties around. Donald Trump's inauguration a little over a year ago my propublica colleague Justin Elliott and I first reported that the trump hotel hell in DC was paid by the trump inaugural committee to host events. So the president's business made money from a nonprofit posting a civic celebration but it went beyond fat elite planner on the inaugural committee warned that the hotel was overcharging. The committee she wrote this warning in an e mail and sent it to vodka trump. Now we have an update on January twenty second twenty twenty about a year after our reporting and three years after the inauguration the Attorney General of Washington D. C. charged the inaugural committee the trump organization and the trump hotel in civil court with abusing the laws on nonprofits quote members of the trump family. Were aware of and involved in the negotiation of this. Unconscionable contract at the center of the whole thing is a four day rental agreement for the ballroom and some adjacent spaces that the trump hotel an agreement justin and I examined in detail last year in our episode about the inauguration. And Its chairman Tom Barrack. So we're sharing that episode with you again now and just one note before we hit play. We did not immediately received comment about the lawsuit from the inaugural committee from Barrick spokesman or or from a vodka trump we did hear from the trump organization in an emailed statement. A spokesperson said the claims are false. Intentionally attentional misleading and riddled with inaccuracies. The rates charged by the hotel. Were completely in line with what anyone else would have been charged for an unprecedented precedent event of this enormous magnitude..
"trump" Discussed on Trump, Inc.
"The kinds of trademark. For vodka Trump. Trump's investments overseas things that would give you a nexus between Trump's business and foreign governments since Trump became president. I I would bet those are the kinds of stories they're going to focus on I just because they have the most relevant Trump's presidency now and maybe work backward from there in backward in time. So I think those are the things that they're going to look at. And I think injury, you're right. The ability we have to see into those things I did think really expanded overnight, and you're right that when asked for documents at least so far the Trump organization has not done with Donald Trump with Trump campaigned it and save screw you. We're not giving you anything, you know, those are people with all licenses to preserve those people with who don't want to go to jail. They have responded in pretty forthcoming way. So I think we may see more of that. And learn some of the answers to these questions, so Anita you did some reporting in the past months about specifically the Trump adult children, Eric, Don, jR, and their role on the campaign trail, which was the sort of quite interesting side story to me that I feel. Never got enough attention. Because obviously, these are the people that are sort of supposed to be walled off running the Trump organization yet they've been judging by their Twitter accounts spending every moment of October and early November campaigning for their father's causes. So can you talk a little bit about that? Sure. I'll bring you back to last year was it last year two years ago. Now when the Trump family said the children were not going to be they were going to be walled off from their father while he was in the White House. Remember that they were going to really have any interactions. We'll just remind people of that. But sure, I think it's really done junior. The oldest who has been the most active politically he has done. I mean, I've I went to one of his event in Indiana, recently, he's done more than sixty political events this year. He has such a great following his father and a lot of people wonder if he's going to actually run for office. So he's not taking his dad's message all over the place really using kind of the same lie. Lines. There was even a locker up chant about Hillary Clinton at the event, I went to so he's been doing a lot of stuff. I actually in the story. I just recently wrote a vodka Trump. It was doing very little and people were very upset that she was doing very little politically and the White House really really pushed back and said, well, she's at the White House, and she's not doing it because she's at the White House, although we know that lots of people at the White House do political things, but he's in touch with them. He's you know, talking to them. He's working with them of uncle win out on his last day of campaigning to all his rallies. There's a lot of that going on. I think Eric is probably doing the least amount..
"trump" Discussed on Trump, Inc.
"And here we get to part two in our framework Trump breaking the rules. It's interesting how it worked. It's not really. It's not complicated anyway. It sort of out of monster on a movie for upkeep on his empire of dowdy, outer borough, permanent buildings. Fred Trump was regularly buying you a quick men and supplies. He would buy boilers fridges and stoves by paint supplies. Nothing too strange about that. He was driving his own bargains building by building, and then one day county shows all county building supply. Now, this is a head scratcher to figure out what this was. One of the reporters from the times went to the Bronx to talk to a guy who used to sell boilers to Fred Trump. His name is Leon Eastman, and he remembers a deal negotiated with Fred Trump in nineteen Ninety-three for sixty boilers a huge deal for him. He remembers the lunch. He remembers the restaurant. They went to. He remembers that he had to pay the tab, and he said, there was no all county at this lunch was Fred Trump and Fred Trump's people, and the first thing you ever heard about. County. It was when the checks started willing 'cause they were cutting the checks for you. Got this. The middleman company, all county building supply is paying the price Fred Trump negotiated, and here's the trick. All county would then Bill Fred Trump a higher price, a markup of twenty percent or fifty percent maybe more. Why? Well, it turns out all county was owned by Donald Trump and his siblings and a cousin. So the markup on those boilers went straight from Fred, Trump's pockets to the next generation and all county shareholders companies, siblings split.
"trump" Discussed on Trump, Inc.
"Welcome back. Let's review where we are. It's early days of the Trump organizations Faren licensing deals. One of their first deals is in Panama to finance it. There's been a scramble for sales brokers have been wrangling buyers and questionable ways. And did we say this, it's Panama, which ranked more corrupt than Brazil. India and Saudi Arabia on transparency, international's index Trump ocean club bonds are a tough sell rated junk. Bear Stearns is about to collapse the real estate market melts down eventually leading to a global recession in two thousand nine. The bounds are downgraded. Ivanka Trump describes things differently. She says out only problem is we don't have enough inventory over the next two years. Things don't go well for the building, Heather in MAG are going to take it from here. Buyers were promised a beach club on a nearby island, the planned club. Kept moving to islands that were farther and farther away from Panama City. It was never finished the Trump casino which was advertised as part of the ocean club. Early on wasn't materializing either. It never did. The developers had an obligation to bondholders to keep up the rate of sales and to keep buyers locked into their sales contracts. Buyers started to default on their payments. In July of twenty seven with the building late and over budget, the Trump family traveled to Panama. For the opening ceremony, it was the middle of Panama's rainy season and a downpour during the opening ceremony flooded the streets outside the ocean club was surrounded by new developments and the neighborhoods drainage system was overloaded inside the hotel Trump lined up with a row of men in dark suits to cut a ribbon. He stood between his son Don Jr. and Panama's president Ricardo Martinelli who's now in jail facing unrelated corruption charges, which he denies Martinelli reportedly told Trump at the event that quote, everything you touch, turns to gold Trump was friendly to. And grabbed him and shoulder. They really love your president and I want to just thank you very much for being here today, and you're my friend. Trump and Martinelli were driven out through the flooded streets in separate SUV's just five months later in November of twenty. Eleven the developer defaulted on its bond payment. What we could see from our reporting was that the Trump's and their promotions had really pushed this thing into existence and had done. So at times in ways that we're very questionable that whole deal had these rotten underpinnings and when things got tough, a lot of the buyers walked away. Investors lost one told us that a full one hundred twenty million of the two hundred and twenty million bond. Financing wasn't paid back buyers walked away from their units and forefeited more than fifty million dollars into posits Trump was making money I by selling his name then by bringing in the financing and taking a cut of investor money without taking on any risk. It's hard to think of any aspect of this project that they hadn't figured out a way to draw fee from the. Two thousand six licensing agreement shows they were getting seventeen and a half percent of what hotel guests paid for the rooms, including what they spent on minibar items, internet service, and even bathrobes. They were also going to get a twenty percent commission. If they were able to help the project save money on construction contract, they weren't hitting four percent for parking unit sales, twelve percent of commercial space rentals, four percent of the hotels gross revenue for managing it lessen incentive fee equal to a fifth of the hotels net operating income. The Trump organization was eventually kicked out as building managers, but Donald Trump based on financial statements, government disclosures, and other records Trump appears to have walked away with between thirty and fifty five million dollars. In Panama. The Trump's engaged in a series of misrepresentations. They made money while buyers and investors lost out and what happened in Panama was not just a one off the WNYC propublica investigation looked at deals from Toronto to the Republic of Georgia and the elements of what we saw in Panama kept appearing inflated figures about the numbers of unit soul inside deals and a sort of Trump sleight of hand. The Trump's consistently talk up their investment early in the deals. When things go bad, they talk down their involvement. So what they said is that they were investing when they weren't and they didn't oversee aspects of the deals when they did. This was part of a pattern that we saw stretching across multiple deals across multiple countries across multiple continents. The details weren't always the same. For instance, in Toronto, buyers were shown these projections about the kind of prophets they could expect from these hotel condo units. And it turned out the projections were completely off the charts, not realistic in any way. Buyers sued. They said, Trump misled them over his ownership stake and that the developers were making false promises about how much money they could make a judge called the projections deceptive documents and added. They were replete with misrepresentations of comission of omission and half truth. The Trump say they're merely licensors and there's no factual basis to involve the trumps and the claims the litigation is ongoing. Then there Chicago where Trump worked to gin up early sales. So what happened in Chicago was that Trump offered a special deal to people who were involved in the project like brokers and architects allowing them to buy an early for a discount. But the problem was that once the project was all done and it was actually selling better, he pulled back that discount Trump cancelled the early deals. He said, we're entitled to the higher prices in a Florida project. There was another wrinkle. This time an. Insiders price for Trump organization employee's including Don Jr. there were emails came out in a court case. So the developer was promising Don Jr. in the Trump employees, five percent down payment in a discounted price and the rights to flip this property pretty much immediately prior to closing so that they could make a big two hundred thousand dollar profit right off the bat. So in the process of that conversation, we saw emails that show they were discussing backdating contracts so that they could get favorable capital gains treatment. They formed a company busy boys to handle the inside deal. The Florida project was never built. The Trump organization did not respond to requests for comment. Oh, also Trump SoHo artist on flav. The Trump International hotel and tower in SoHo is the site of my latest development. This fifty. WNYC propublica New Yorker investigation found there was an actual criminal investigation of Don Jr. and vodka Trump's misrepresentations about how much of the Trump SoHo sold. There was evidence of felony fraud. The Trump's denied wrongdoing after a lot of legal back and forth and visit to the DA. By a campaign donor, the case was dropped. The DA denied. He was influenced by the donor. So with the suggests to me is that this wasn't just a fluke where the Trump sometimes would forget the numbers for particular project and maybe miss speak here they are, but that this was actually a strategy that they employed across deals where they were misrepresenting the value of these projects as part of a strategy to try to draw more money into them that this was actually a feature of their business model, not just a fluke. Donald Trump, and I'm the largest developer in New York.
"trump" Discussed on Trump, Inc.
"Technically, it's not called the Trump ocean club anymore. But in the spring, when we visited, you could still see the faded outline of t. r. u. m. p. on the sign by the driveway, the marketing materials describe the ocean club as sale shaped. It's more like if Georgia, oh key for an architect, she would have designed to building like this. There are two Infinity pools, even a place to more your yacht. If you have one, there's a rooftop garden dotted with pink and purple tropical flowers. A piano in the lobby is far as we can tell Trump didn't put any of his own money into the building. It was financed instead with two hundred and twenty million dollars in corporate bonds for the purposes of this story, think of a bond as a kind of Bank loan instead of writing a big two hundred twenty million dollar check the Bank breaks Vallone into pieces and sells those pieces to investors effectively. It's the investors. Now the Bank or putting up the money. There's one really important thing to know about this financing in order to get it. The developers had to show that the Trump ocean club was a sound investment. And the way they did that was by getting a huge number of buyers to commit to units a head of time. One of the reasons we came to Panama was to find out more about those early buyers and about the financing in Panama. These records are kept at the office of Panama securities commission. So we went there. Having to the car, Heather Knight talked about one thing in particular. We were hoping to find. Some slicing agreement. It's the document that lays out in detail what his role in the deal was and what he got paid for. It wouldn't be in there. I mean, they've got all the other backup. The claims in the bond prospectus is in there. Driver drop us off in front of a tall glass building. We wrote a cramped elevator up to the eighth floor. Someone let us over to a folding table with a huge stack of documents. There's like one, two, three, it's all the records. They could find about the Trump ocean club bonds. So we go through that twelve thirteen really fat folders. This is amazing. This is what is that pre-sales and it's all about. How does really early sales were going to work. And then a photocopied document with a familiar angular signature Donald Trump just found that license agreement between Trump and developers of the project, and it describes Trump as a world renowned builder and developer of luxury real estate among other things who enjoys the highest reputation in these fields. The license agreement signed in two thousand six. This document is h Frazier trove of information on the Panama deal. It leaves out what Trump's obligations are and how he can make money. He gets a million dollars up front and he gets at least a four percent cut of sales, but get this even if they don't sell. The contract has a special provisions that he will still get a commission. He gets a commission if they sell, he gets a commission if they don't. So there's something else we found an amendment to this document signed in two thousand seven that totally changed our understanding of what Trump did for the Panama deal. There's a line in it that says, Trump is quote responsible for licensee, securing financing from Bear Stearns for the construction of the building. Bear Stearns is the investment Bank that issued the two hundred and twenty million dollars in bond. Financing Trump got a cut at least two point, two million dollars this detail that Trump brought in Bear Stearns and was paid for it directly contradicts the twentieth. Seventeen statement from the Trump organization. It said Trump was not responsible for the financing now, we know that's not true. These documents that Heather and Meg found they link Trump too many more aspects of the deal. Then he's acknowledged in the past the ways he makes money, the Trump families oversight of sales and marketing Trump's direct tie to Bear Stearns financing that made it all possible. Trump ocean club in Panama City was pitched by someone you've probably never heard of Roger Chaffee, Heather talked to him on the phone a couple of times, Roger, easy guy to talk to. He's affable. He's uses colorful language. He's intense. He makes big promises. He's a very determined guy from what people told me. And sometimes that determination comes across a bit as stubbornness is a Panamanian citizen of Lebanese descent. He was an importer exporter of clothing and textiles. He worked in the free trade zone in Panama near the Panama Canal, and he had started dabbling a bit and real estate. He had a plot of land right on the water in an up and coming neighborhood in Panama City. He didn't have the money to build, but court records showed his company agreed to pay over a million dollars to the middleman who introduced him to Trump. He flew up to Trump Tower to meet with Trump in New York and to pitch him the project and the idea that he had. And Trump didn't give an immune answer off the bat. So Kaffee left and flew back down to Miami the next day, the phone rang and he picked it up and it was someone that sounded a lot like Trump on the phone, but he thought it. I said it was a prank call that it was a friend of his and it turned out that it actually was really Trump says that a week later Ivanka Trump flew down to Panama to check the place out Trump and Kaffee. We're in business. When Trump signed the deal in March of two thousand six, the ocean club was still an undeveloped plot of land to start building. They needed the bonds and the bonds they needed to start selling quickly. Trump was ready to make his first pitch. So they had this press conference in Trump Tower in the marble atrium and everybody's got their nice business suits on a caffeine is there. He's got this pale pink tie in well, cut dark suit and has their Don juniors there. And Trump's there, of course, and they announced this incredible project that they're going to do in Panama. One of the biggest buildings if not the biggest building in Latin America. So at this press conference Trump makes what maybe his first misrepresentation about this deal. According to one account Trump says that in addition to being a licensor, the Trump organization has a financial interest in the deal, but he wouldn't say how much he'd left the impression though that he had an ownership stake which he didn't. There's a concept in real estate sales. It's called puffery. It's okay to say you have the world's best building even if you don't. This happens all the time. It's not okay to mislead potential buyers on something material, a specific verifiable statement, you know is inaccurate. In the hopes it will encourage buyers to put down their money that could be fraud.
"trump" Discussed on Trump, Inc.
"How are you. How's the county in two thousand and eight Yvonne. Ca Trump takes a phone call from portfolio magazine. The transcript of the interview was published, but the audience never been heard. The vice president of development of acquisitions of the Trump organization. She's grabs what she does. The world right now. She mentioned Dubai and Scotland. A lot of what I do is get involved in the acquisition process and then the initial due-diligence process, she talks about seventy projects in the pipeline. One of them is the Trump ocean club. Panama. We have many projects that are actually sold forty units in Panama Las bump. She says, she's on forty units. You did. She was asked. She backs on our project. We did. She says, our project thousand unit building, we've sold over ninety percent of it. It was more like seventy nine percent in Panama. We sold it a five hundred percent premium. Anything the luxury market had ever experienced prior to our entry. She says the Trump sold units in the Panama building for five times as much as other luxury units in the same market. They did not. We now know no five hundred percent premium new personal sales by Bunka Trump. No ninety percent sold. Five years after this interview that Trump ocean club. Panama went bankrupt of those one thousand units. Buyers walked away from nearly half. They forfeited their deposits. The Trump's, they made tens of millions. After Donald Trump became president, the Trump suffered an international embarrassment at the Trump ocean club in Panama City. There was a dispute about their management with a group of owners of the hotel condo units Trump management was voted out, but they refuse to leave. There was an actual physical brawl. Eventually the Trump organization was replaced. A worker took out a yellow crowbar and a hammer prying. The letters t r u m p a stone wall in front of the building. The president's company issued a statement distancing itself from the property Ivanka had once called our project. This statement said, quote, the Trump organization was not the owner developer or seller of the Trump ocean club Panama project because of its limited role. The company was not responsible for the financing of the project and had no involvement in the sale of units, but like the vodka Trump claims. We just heard this also was false. A WNYC propublica investigation of a dozen deals around the globe found the Trump's Donald and his children were way more than just licensors in places like Panama. They were deeply involved in many aspects of the deals. They misled people when the projects didn't work out for buyers and investors, and they often didn't the Trump's profited anyway. I'm going to step back a moment and give you a quick history of the Trump family business. Recently, there was a huge New York Times investigation of Donald Trump and his father, Fred Trump what it showed. Contrary to the myth, Donald Trump was not a self made man. He got over four hundred million in today's dollars from his dad. In two thousand four, Donald, his siblings sold off their dad's empire. A Trump lawyer called the story false. This was around the time that big banks mostly stopped lending to Trump. They'd been burned one too many times as we now know Donald Trump then changed his own business model from building buildings to selling his name. You've probably heard a lot about this business model. It was a brilliantly, pure licensing strategy. So the story goes, but as we've found out, this is a myth to our investigation, found that what happened in Panama was typical of a dozen Trump projects around the globe. Hello and welcome to Trump Inc podcast from WNYC and propublica that digs deep into the secrets of the Trump family business. I'm Andrea Bernstein. I'm Heather Vogel. I'm a reporter at propublica and I met Creamer senior producer of Trump Inc today on the show, Heather and Meg are gonna take you deep into what happened in the Panama deal. They've spent months digging up court records and thousands of pages of documents, New York, Florida, and Panama. They spoken to people close to the deal to brokers regulators. Those false claims you heard of Trump making about sales at the Trump ocean club. They fit into a much bigger pattern. So what we found was that this is Heather, there appears to be a pattern of deception that is sort of threaded throughout Trump's real estate deals going back at least the last fourteen years when he was doing a lot of these licensing deals, some overseas, some at home. We kept seeing the same categories of misrepresent. Nations. This is Meg one is the, I'm the developer. I'm putting my own money in when he wasn't. This is something that we heard Trump himself saying in a number of deals. It's something at times that his developer partners would say or that marketing materials would imply. This happened not only in Panama, but in Florida and Mexico to this is important because it sends a misleading signal to investors that a project is so sound. The international billionaire Trump's are putting their own money in the other category that was very prominent was we're already x. percent sold. And that can be sort of a shorthand for the viability of a project, especially when that hasn't been built yet. So I was in Panama. We're now doing a great great project in Panama that selling like hotcakes the Trump ocean club in Panama posted this video when those units were not selling like hotcakes. This is important because units in building that's heavily sold are more valuable than if all the other units in your hallway are empty. This also happened in SoHo where the Trump's told buyers their hotel condo was sixty percents sold when it was actually fifteen percent sold. There are omissions to like in a project in Mexico where Ivanka Trump said she was buying a unit herself at that site in northern Baja and arguably Mexican. And I personally am very excited about it. I actually chose purchase a unit in the first tower. What she didn't say was that she had a special insiders deal. She wasn't taking on the same financial risk as regular buyers. And typically, these types of misrepresentations occur at a very key point for these deals, right win. The early sales were happening and things like construction financing, where predicated on their ability to kind of get people to commit to buy units once they're built, this sales are important in and of themselves and also because they're being used to get too much bigger pots of money like Bank financing. So it's important for the Trump's to say, things. Like they're buying in units are selling fast even before the buildings are built to convince lenders, hey, give us money. And then when things don't go so well, that developers go bankrupt or the deal collapses or can't get financing. Then all of a sudden it's, oh, no, no, no, no. The Trump's say we had nothing to do with that project. We were just the licensor as we just gave them our name. We didn't have anything to do with the really the mechanics of the deal. So they're tone really changes that project in Mexico or you Manca said she was buying unit. It was never built. It's not clear where the money went. The Trump organization now says it was never the developer. It designed the product in simply lent its name to the project and sorry for everyone. But we are in the same boat. We had to terminate our contract because our agreements weren't obligated either. This is from a two thousand nine interview with CBS about the Baja project. We're never the developer of this project and that was made clear. We never took anyone's deposit. We never had asked access to any of the escrow account. We lived up to our obligation under license agreement in that same interview Ivanka Trump. Says, other projects are going really, really well. The Trump organization has really never been stronger. I mean, we were at the top of an unprecedented growth cycle from a real estate development perspective. So the market is retreating and there's some markets that are retreating faster than others. With that said, we have projects all over the world that are incredibly successful that are under construction right now that have their financing secured and that are virtually sold out. So from Hawaii to Toronto to Istanbul, Toronto is we now know was never virtually sold out. Sales were never brisk in the failed project in Fort Lauderdale or tower in Las Vegas or a hotel condo in SoHo in lower Manhattan. Contrary to reports of healthy sales by Trump organization officials. Hawaii was fully reserved at one point. The Trump organization didn't respond to a long list of questions about these transactions. The White House didn't have a comment. You may have heard about a theme running through some of the Trump's deals over the years that the trumps have linked up with some shady people in other by John India, Panama. Our reporting shows. It's not just about who the Trump's worked with. It's about what they did. And yes, there are questions about whether what they did was illegal. We'll have more on that later. I started to look into more and more of these deals and what happened to them. And I was really surprised at how many of them failed in one way or another bankruptcy of foreclosure. Never finished construction, never started construction, and it just made me wonder, first of all, why would Trump keep doing this? And Secondly, why are people partnering with him if some of the deals that he tends to be getting involved in our going belly up? So you know that led me to this question of what is the engine at the heart of these deals. There must be something that Trump is getting out of it, and there must be something that the developers are getting out of it. That question is what brought Heather and Meg to Panama City. Technically,
"trump" Discussed on Trump, Inc.
"Would see is the decision the choice donald trump made to not divest from his sprawling business empire has resulted in a continual violation of the constitutions anti corruption clause in a he is choosing to continually violate the emoluments clause with you mentioned emoluments this is really interesting to me because this still fairly new to most of us vocabulary word emoluments mainly when we talk about it we're talking about like foreign governments spending money like at trump's dc hotel the old post office or something like that i am also aware that there are domestic emoluments which mainly i would think of as like a state government perhaps a conferring some benefit on the trump organization are you saying that like a commerce department employees or department of defense employees just staying at a trump hotel that also would qualify as an emolument and thus under the constitution be illegal i strongly believe that payments by federal agencies to the trump organization that then go into you know what is technically a revoke able trust but which is written so that trump may take the money out of it any time for any reason these definitely are profitable payments that are beyond the salary that trump is entitled to by congress and i should probably clarify the emoluments issue has actually never been decided by court before so i mean it really is a humongous question mark that we could start getting some answers to over the course of this administration yes and i think it's definitely important to mention that the reason that the mullion question has never been decided in court is because no prior president has opened themselves up to violating the emoluments clause i'm still trying to understand the potential motive that federal agency could have here right i could see why like a foreign country would want to curry favor with the president and therefore book you know their entire delegation to come and stay at trump's dc hotel and i can even see why a state governor may be with spend money at a trump property in order to get his attention and maybe hope to get you know money for roads and bridges or something like that down the line but what's in it for the commerce department or the department of defense why should they seek to curry favor with like the executive branch which they're already a part of i think that's approaching the issue of government spending a little bit sideways because while there might not be a quid pro quo where you go oh if i have a bunch of people from the state department spend money trump properties than i'm going to get this specific thing like a new bridge which is something they couldn't ask for you can go well i'm going to have a good relationship with this administration i'm going to find my own policies being more acceptable to the president being promoted by him i'm going to feel like i am more a part of the team and my agency is going to feel like it's more part of the team i think that the question more is is there any way to be involved in administration that is as deeply riddled with conflict of interests and not be a part of it surging bloom from property of the people and by the way property of the people is continuing to seek records for what maybe the most obvious government spending on trump properties us secret service expenses at maralago bedminster and trump tower.