According to Newsweek Trump violated Cuba Embargo (1 Viewer)

Saint_Ward

Don't be a Jerk.
Staff member
Administrator
Gold VIP Contributor
Joined
Mar 1, 2007
Messages
46,729
Reaction score
40,431
Location
Fort Lauderdale, FL
Offline
Another bomb, might be its own thread. If this is true (seems like it is), I can't imagine south Florida reacting well to this (secretly spending money in Cuba in the 90's during Embargo). Happened days before his first Presidential bid.

How Donald Trump

A company controlled by Donald Trump, the Republican nominee for president, secretly conducted business in Communist Cuba during Fidel Castro’s presidency despite strict American trade bans that made such undertakings illegal, according to interviews with former Trump executives, internal company records and court filings.

Documents show that the Trump company spent a minimum of $68,000 for its 1998 foray into Cuba at a time when the corporate expenditure of even a penny in the Caribbean country was prohibited without U.S. government approval. But the company did not spend the money directly. Instead, with Trump’s knowledge, executives funneled the cash for the Cuba trip through an American consulting firm called Seven Arrows Investment and Development Corp. Once the business consultants traveled to the island and incurred the expenses for the venture, Seven Arrows instructed senior officers with Trump’s company—then called Trump Hotels & Casino Resorts—how to make it appear legal by linking it after the fact to a charitable effort.


...

The documents obtained by Newsweek give no indication why the $39,000 spent on Seven Arrows’ primary assignment—arranging for a casino deal with the Seminole tribe—was so much less than the $68,000 expended on the Cuba effort. The former Trump executive could not offer any explanation for the disparity.

Though it has long been illegal for corporations to spend money in Cuba without proper authorization, there is no chance that Trump, the company or any of its executives will be prosecuted for wrongdoing. The statute of limitations ran out long ago, and legal analysts say OFAC’s enforcement division is understaffed, so the chances for an investigation were slim even at the time.
And perhaps that was the calculation behind the company’s decision to flout the law: the low risk of getting caught versus the high reward of lining up Cuban allies if the U.S. loosened or dropped the embargo. The only catch: What would happen if Trump’s Cuban-American supporters ever found out?
 
OP
Saint_Ward

Saint_Ward

Don't be a Jerk.
Staff member
Administrator
Gold VIP Contributor
Joined
Mar 1, 2007
Messages
46,729
Reaction score
40,431
Location
Fort Lauderdale, FL
Offline
That makes him smart, that's called business, Benghazemails, etc. etc. etc.
Yes, he willfully violated the laws of the land, to make a calculated business decision to further his own interests, because he knew it would be unlikely that they'd be caught or they were willing to pay the fine (assuming they'd wiggle out of jail time).

There is an intelligence to that. There is also an immorality to that and another example of him doing whatever he wants when it suits his needs. The issue is, people want to twist that behavior into an idea that he'd be doing the same for 'your' (or 'our') best interests, when there is no data showing he's ever gone out of his way to help anyone outside of himself.
 
OP
Saint_Ward

Saint_Ward

Don't be a Jerk.
Staff member
Administrator
Gold VIP Contributor
Joined
Mar 1, 2007
Messages
46,729
Reaction score
40,431
Location
Fort Lauderdale, FL
Offline
I decided to put these in their own thread, since the main Trump one is a bit busy.
 

mb504

Word.
VIP Contributor
Joined
Aug 29, 2006
Messages
6,322
Reaction score
13,319
Location
Downtown Carrollton
Offline
Does this actually move the needle in south Florida enough to affect that state? Honest question because I don't know. I do know that it will barely even register with non-Cuban Trump supporters who have spent the past 15 months explaining away every other thing that would ordinarily disqualify a Presidential candidate. It should be funny to watch Ted Cruz and Marco Rubio squirm their way around this story to keep supporting Trump like their benefactors will demand.
 
OP
Saint_Ward

Saint_Ward

Don't be a Jerk.
Staff member
Administrator
Gold VIP Contributor
Joined
Mar 1, 2007
Messages
46,729
Reaction score
40,431
Location
Fort Lauderdale, FL
Offline
Does this actually move the needle in south Florida enough to affect that state? Honest question because I don't know. I do know that it will barely even register with non-Cuban Trump supporters who have spent the past 15 months explaining away every other thing that would ordinarily disqualify a Presidential candidate. It should be funny to watch Ted Cruz and Marco Rubio squirm their way around this story to keep supporting Trump like their benefactors will demand.
We'll see. it only hit the press this morning, so I'll wait to see if any TV stations run with it.
 

not2rich

NO State of Mind
Joined
Jul 23, 2001
Messages
7,594
Reaction score
15,312
Location
Denver
Offline
Yes, he willfully violated the laws of the land, to make a calculated business decision to further his own interests, because he knew it would be unlikely that they'd be caught or they were willing to pay the fine (assuming they'd wiggle out of jail time).

There is an intelligence to that. There is also an immorality to that and another example of him doing whatever he wants when it suits his needs. The issue is, people want to twist that behavior into an idea that he'd be doing the same for 'your' (or 'our') best interests, when there is no data showing he's ever gone out of his way to help anyone outside of himself.
It will be interesting to see what the Cuban-American reaction is to this story.

I posted this on the other thread, where I'm sure it got buried, but Newsweek ran an article a few weeks ago detailing Trump's business interests around the world and how those financial ties to his company would create a huge conflict of interest if he became President.

How the Trump Organization's Foreign Business Ties Could Upend U.S. National Security

Trump's solution? "I'll just hand over the business to my kids - problem solved. My tax returns? Not going to produce them, even though there's nothing there - trust me."

And we should trust him, right? I mean, look at his long record of public service. :rolleyes: The more we look into Trump's record, the more it becomes obvious he would never - never, ever, ever! - put his or his family's own interests before the interests of the country.

Right?
 

SystemShock

uh yu ka t'ann
VIP Contributor
Joined
Dec 23, 2011
Messages
12,499
Reaction score
17,466
Location
Xibalba
Offline
Does this actually move the needle in south Florida enough to affect that state? Honest question because I don't know. I do know that it will barely even register with non-Cuban Trump supporters who have spent the past 15 months explaining away every other thing that would ordinarily disqualify a Presidential candidate. It should be funny to watch Ted Cruz and Marco Rubio squirm their way around this story to keep supporting Trump like their benefactors will demand.
Non-Cuban, not going to matter.
Cuban, probably.
 
OP
Saint_Ward

Saint_Ward

Don't be a Jerk.
Staff member
Administrator
Gold VIP Contributor
Joined
Mar 1, 2007
Messages
46,729
Reaction score
40,431
Location
Fort Lauderdale, FL
Offline
Miami Herald has an article up now, with some local reaction to it. See below.

Donald Trump broke Cuban trade embargo, Newsweek report says | Miami Herald

The report comes as Trump has worked to shore up Hispanic support in Miami-Dade County, where Cuban Americans comprise about 72 percent of registered Republicans. He met with a group of mostly Cuban Americans Tuesday in Little Havana, and earlier this month in Miami he blasted President Barack Obama’s reengagement policy with the island, after sounding OK with it last year.

Trump’s most prominent local Cuban-American supporter, U.S. Sen. Marco Rubio, called the Newsweek report “troubling.”

“The article makes some very serious and troubling allegations,” he said in a campaign statement. “I will reserve judgment until we know all the facts and Donald has been given the opportunity to respond.”

Recent polls show Trump tied in Florida with Hillary Clinton. While Cuban Americans lean heavily Republican, a Florida International University poll showed Miami-Dade Cubans only narrowly backed Trump over Clinton. The Democratic nominee favors lifting the trade embargo, a position the same poll shows is favored by a majority of local Cuban Americans.

Bloomberg Businessweek reported in July that Trump Organization executives traveled to Havana in late 2012 or early 2013 to scout potential business sites and investments.

Nelson Diaz, the Cuban-American chairman of the Miami-Dade Republican Party, questioned whether Trump would have really had a hand in the 1998 Cuba business exploration.

“I don’t know what the true story is,” he said. “If it’s true and evidence comes out that Trump himself personally sanctioned a violation of U.S. law, yes, that’s a problem, but the chance of that sort of evidence coming out — I don’t know.” There’s better evidence, he added, that Clinton tried to hide her emails as secretary of state from the public.

The Newsweek story got immediate morning drive-time play on Miami’s Spanish-language radio station.

“Everybody’s done business in Cuba,” one WAQI-AM 710 Radio Mambí listener said, sounding defensive about Trump.

“Yes,” host Bernadette Pardo said, “but here it’s illegal.”

Read more here: Donald Trump broke Cuban trade embargo, Newsweek report says | Miami Herald
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Users Who Are Viewing This Thread (Users: 0, Guests: 1)



Headlines

Top Bottom