This past week has been a showcase for how Donald Trump does business. He settled in the suit against Trump University:
Phony is right; one pillar of Schneiderman’s lawsuit was that Trump had not even bothered to get his “university” licensed by New York state as a bona fide educational institution.
Trump University, it will be recalled, was pitched to the unwary as an opportunity to learn “the Trump process for investing in today’s once-in-a-lifetime real estate market” from a cadre of Trump’s “hand-picked” instructors. Schneiderman alleged that this was false. Of the instructors, “not a single one was ‘handpicked’ by Donald Trump.” Some had little real-estate experience at all, and some actually had gone bankrupt in the business.
We also find that his ‘charity’ broke the law:
President-elect Donald Trump’s charity has admitted that it violated IRS regulations barring it from using its money or assets to benefit Trump, his family, his companies, or substantial contributors to the foundation.
The admissions by the Donald J. Trump Foundation were made in a 2015 tax filing made public after a presidential election in which it was revealed that Trump has used the charity to settle lawsuits, make a $25,000 political contribution and purchase items such as a painting of himself that was displayed at one of his properties.
We also find the Donald thinks that Presidents are allowed to be corrupt:
He declared that “the law’s totally on my side” when it comes to questions about conflict of interest and ethics laws. “The president can’t have a conflict of interest.”
He said it would be extremely difficult to sell off his businesses because they are real estate holdings. He said that he would “like to do something” to address ethics concerns, and he noted that he had turned over the management of the businesses to his children.
But he insisted that he could still have business partners into the White House for grip-and-grin photographs. He said that critics were pressuring him to go beyond what he was willing to do, including distancing himself from his children while they run his businesses.
“If it were up to some people,” he said, “I would never, ever see my daughter Ivanka again.”
Trump rejected the idea that he was bound by federal anti-nepotism laws against installing his son-in-law, Jared Kushner, in a White House job.
And it seems that the people with him are following his lead:
Donald Trump’s chief White House strategist Stephen K. Bannon accepted $376,000 in pay over four years for working 30 hours a week at a tiny tax-exempt charity in Tallahassee while also serving as the hands-on executive chairman of Breitbart News Network.
During the same four-year period, the charity paid about $1.3 million in salaries to two other journalists who said they put in 40 hours a week there while also working for the politically conservative news outlet, according to publicly available documents filed with the Internal Revenue Service.
Donald Trump does corruption bigly.