Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

kentuck

(111,095 posts)
Sun Nov 5, 2017, 06:31 AM Nov 2017

Is the GOP laundering Trump's money??

I think of all the money that has been contributed to the GOP since Inauguration day? And the money that has been spent on ads for Donald Trump? And the questions that were raised about the amount of money that was spent for the bands and entertainment for inauguration? And how people compared the cost of Obama's inauguration vs Trump's? And how Obama had all the big name entertainers and Trump had a few no names? But Trump spent multiple times what Obama spent?

We have no idea how much money may be laundered in different states thru the GOP?

It seems to me, and it is mostly circumstantial, that Trump is using his position and the Republican Party to clean his ill-begotten gains for he and his mobster buddies, mostly in Russia?

What better way to launder money than thru political campaigns??

https://www.youtube.com/watch?time_continue=17&v=F9vA7L8H4nc

17 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

FakeNoose

(32,639 posts)
4. They can't hide the source of the funds
Sun Nov 5, 2017, 08:04 AM
Nov 2017

Seems to me that the GOP could only be "laundering" if they were also hiding the source of the funds. However they're not allowed to do that, it can be kept confidential but it must be recorded.

The mechanism for laundering is to take dirty (Russian mob) money off the donors' hands and give it back to them as clean American funds. So how could that be accomplished in a political party? If none of the Russians are running for office, they won't receive any of the GOP funds.

I agree that we should be suspicious of the so-called super-PAC contributions that have been made possible by our deaf, dumb & blind Supreme Court. That's how the super lobbies like the NRA (among others) are able to carefully shop for the legislators who will fight for them in Congress. It's possible that some Russians may have disguised donations to the GOP as an innocent-sounding super-PAC, but this wouldn't be the same thing as laundering. It's buying influence with the greediest legislators.



kentuck

(111,095 posts)
5. It doesn't have to be "returned" as cash.
Sun Nov 5, 2017, 08:25 AM
Nov 2017

It could be "in-kind" contributions.

In my opinion, this is a world-wide criminal operation.

kentuck

(111,095 posts)
8. Also, we should not forget that Mitch McConnell received over $200,000,000 from these oligarchs..
Sun Nov 5, 2017, 08:35 AM
Nov 2017

For his PAC.

Does anyone think that was clean money?

FakeNoose

(32,639 posts)
17. Possibly Russian hackers fixed his 2014 election too - looks very suspicious
Sun Nov 5, 2017, 08:21 PM
Nov 2017

I think old Mitch owes more to Putin than just the campaign funds.

Link to Wikipedia: https://en.wikipedia.org/wiki/Mitch_McConnell

2014
Main article: United States Senate election in Kentucky, 2014
In 2014, McConnell faced Louisville businessman Matt Bevin in the Republican primary.[29] The 60.2% won by McConnell was the lowest voter support for a Kentucky U.S. Senator in a primary by either party since 1938.[30] He faced Democratic Secretary of State Alison Lundergan Grimes in the general election. Although polls showed the race was very close, ultimately McConnell defeated Grimes by 56.2%–40.7%, resulting in a margin of victory of 15.5 percentage points – one of his largest margins of victory, second only to his 2002 margin.


Maybe in 2014 it was possible to look the other way and not suspect Russian hacking. But in hindsight after last year, it looks like the same pattern as Trump's win. Anybody else?


Vinca

(50,271 posts)
6. This morning I was wondering if Trump laundered Manafort's money.
Sun Nov 5, 2017, 08:27 AM
Nov 2017

Manafort has a Trump Tower apartment he's offering as collateral to the judge so he can get out of house arrest.

kentuck

(111,095 posts)
7. Real estate has no set value.
Sun Nov 5, 2017, 08:33 AM
Nov 2017

A property owner can ask any price that he wants.

That is why someone in Florida can buy a mansion in Florida for $46 million and sell it for $100 million. Once it changes hands, the money is cleaned.

Irish_Dem

(47,058 posts)
10. I think his ridiculous tweets are fund raising stunts.... the cash is rolling in to him somehow.
Sun Nov 5, 2017, 08:37 AM
Nov 2017

During the campaign Kushner said his goal was to "monetize" Trump's supporters.

(In another words, rip off ignorant people.)

Scarsdale

(9,426 posts)
11. It is the tRump way
Sun Nov 5, 2017, 09:23 AM
Nov 2017

of doing business. They could not make all this cash in a legitimate way, they are used to ripping people off. What have any of them actually done legitimately, bussineswise? How many bankruptcies has the Orange Ass been through, yet remains (he claims) a billionaire? The gop is covering for him, because they are in cahoots. They have already spent lots of Russian "donations" Even McCain is complicit in that.

Irish_Dem

(47,058 posts)
12. They are business failures, so can only make money by cheating and lying.
Sun Nov 5, 2017, 09:26 AM
Nov 2017

Basically a bunch of con artists. I seriously doubt the Orange Squirrel is worth much money. All show to cover up his huge debt.

And yes, the entire GOP leadership is bought and paid for by Putin.

tblue37

(65,357 posts)
13. Trump RAISED more $ than Obama for the inauguration, but how it was spent--or
Sun Nov 5, 2017, 09:29 AM
Nov 2017

even whether it was spent--has not been revealed. Probably the grifter in chief pocketed much of it. That just how he rolls.

 

Hestia

(3,818 posts)
14. Rachel Maddow has asked this very question - what is Drumpf doing with the Inauguration
Sun Nov 5, 2017, 09:43 AM
Nov 2017

cash because there is no law that says it has to be spent, doesn't have to go towards the inauguration and does not have to be accounted for. It is in fact one big slush fund.

Latest Discussions»General Discussion»Is the GOP laundering Tru...