Even though Donald Trump is part of the 1%,( give or take a couple of points, since we don’t really know how much he is worth...unless he has released his taxes while I was writing this...No? Didn't think so.), his constituency feels that he loves America so much, he would be different from all other 1 percenters, who only look out for themselves, and instead, through his great wealth and benevolence, “Make America Great Again”.
Trump touts that he is so wealthy, that he would self fund his campaign, thereby not being obligated to ANY special interest groups since he would not be taking any money from them. Donald was going to win this election on his dime. He campaigned diligently, lambasting every other candidate for having Super-Pacs, and screaming that each of the other candidates would be obligated to numerous special interest groups that funded the Super-Pacs and contributed to the campaigns. But not Donald J. Trump… Ohhhh No. “I’m Rich, I don’t need special Interest Money!”
Trump has since changed his mind, and now states that he needs to raise approximately $1 Billion to finance his campaign. With this about face, there are only a couple of conclusions we can come to:
That this was simply a ruse to win the primaries; an out-right lie; or just a massive dose of ignorance on what is needed to win a Presidential election. If we believe Donald when he says he has a “...very great mind, and knows what it takes to get elected.” then only one of the other two conclusions can be reached.
So we ask ourselves, now that we see Super-Pacs forming, his own campaign has formed a National Finance Team to raise money, and the RNC has co-formed the Donald Trump Victory Fund, what special interests will he be beholding to, and who are these “Great people” he has hired. Because Donald only hires the “Greatest people”.
The role of Campaign Finance Chair for the Donald J. Trump For President campaign belongs to one Mr. Steven Mnunchin. Mr. Mnunchin is the founder and CEO of OneWest Bank, and had been at Goldman Sachs for 17 years previously to that. So he knows money. But what makes him so “Great”, that he would be the Campaign Finance Chair? Not only does he know about money, but he knows about Real Estate. The perfect partner for Donald Trump. In fact, the campaign said that they had worked together in a ‘business capacity” in the past. Additionally, he is apparently a producer who is,partially at least, responsible for the X-men film Franchise and Avatar. So he knows a good story when he sees it.
In 2009, Steven Mnunchin led a buyout of IndyMac. IndyMac was a Southern California bank that was drowning in the mortgage collapse crisis of 2008. It was purchased by Mnunchin and friends, (one of them being George Soros) for $1.55 Billion. Part of the purchase deal was that the FDIC would assume all the losses on the loans that IndyMac had outstanding. So Mnunchin and friends got all the assets of IndyMac, but none of the risks. A pretty sweet deal.
After the purchase, they renamed it OneWest, then promptly proceeded to foreclose on all the homes, and kicking 35,000 families out; and of course... STILL GETTING ALL THE GUARANTEED MONEY FROM THE FEDERAL BANK, per the deal they made in order to purchase the bank. Mnunchin and friends made 1.6 Billion Dollars in profit in their first year. Yep, the right guy to head up your finance team….A man who knows how to rob from the poor and give to the rich.
You will also see the name of Elliott Broidy as a Vice Chair on the Victory Fund Membership sheet. Mr. Broidy used to be the Head of Markstone Capital Group, LLC. What Mr. Broidy was able to do for Markstone Capital was secure about $250 Million in the New York State Pension Fund monies for investing on the Pension Funds behalf. For that, Mr. Broidy took in roughly $18 Million dollars. A pretty good gig. But, it is how Mr. Broidy secured that nice contract to get a portion of the New York Pension fund that is interesting. In 2009, Mr. Broidy pleaded guilty for BRIBING THE STATE COMPTROLLER and staff of over 1Million dollars. Takes money to make money they say. While the State Comptroller and some staff went to jail, Mr. Broidy was able to simply pay the money back, and walk free.
And then there’s Steven Hoffenberg, who started the Super Pac, “Get Our Jobs Back” who signed on to do a $50 million marketing campaign for DJT. As the former owner of the New York Post, who better to get the word out right? But here is the deal, just as I am writing this, ole Steve PLEADED GUILTY to criminal conspiracy and fraud charges, being connected with a $460 million scheme that prosecutors have stated was one of the LARGEST FINANCIAL SWINDLES IN HISTORY. Bigger that ole Stephen Mnunchins’ I wonder? WOW!
Mr. Hoffenberg admitted to being the ringleader of a ponzi scheme that sold $460 million in fraudulent notes and bonds. Maybe he can set up a wonderful ponzi scheme to get DJTs’ needed finances up to speed for this election. After all, he is “The Best”.
One person that is a Vice Chair, and is not so much connected with criminal activity, or taking homes away from 35,000 people, (and actually may be a good guy for all we know), is one that DJT himself lambasted and accused Jeb Bush of succumbing to “Special Interests”, Saying that Jeb Bush would be controlled by Mr. Woody Johnson, of Johnson & Johnson. Mr. Johnson was formerly on the campaign finance team and contributor to Jeb Bush. But now, DJT likes him and is now himself the sucker to that “Special Interest” he so disparaged earlier.
There are plenty of other players on Trump’s Finance team, Hedge fund managers, real estate moguls, professional football team owners, etc…. . Some of them may actually be philanthropic, others who have plead guilty to fraud and corruption.
The fact of the matter is that Mr. Trump’s appeal to many of his voters was that he was self funding and had no obligations to corporations, criminals, (as he put it) or outside interests. We don’t even need to mention the debt he will owe to Casino Magnate Sheldon Adelson after he gives him $100 Million. So much for that campaign promise.....
The Klondike
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