Making Sure that Our President’s Interests Align
with Ours
I have no time to be eloquent. So allow me to be
blunt.
If you believe such venerable news outlets as the
New York Times and Washington Post, you probably accept the following seven
points: (1) the U.S. Government is claiming that the Russians hacked our
computers in order to influence our elections, (2) the Russian hacking was
clearly designed to turn the American public against certain Democratic candidates,
including not only Hillary Clinton but also certain Congressional candidates, (3)
Donald Trump has reacted with skepticism to reports that the Russians were
tampering with the Presidential election, (4) Donald Trump has also seemed
relatively uninterested in getting sufficient briefings necessary to fully
evaluate matters of national security (which would surely include tampering
with elections), (5) Donald Trump has been involving his oldest children, including
his two oldest sons, in his official post-election meetings, and may be leaning
on the advice of his sons in determining who should staff important Government posts,
(6) Donald Trump is preparing to turn over to his sons hundreds of millions if
not billions of dollars of assets, many of which are overseas, and to allow his
sons to manage these assets while he is President, and (7) while the public is
not aware of all of Mr. Trump’s assets, we have reason to believe that he has
had done considerable business with Russia, whose leader Trump has spoken of highly
and who is friendly with Mr. Trump’s choice for Secretary of State.
If that is all true, and many if not most Americans
believe it is, how is the American public expected to be confident that Mr.
Trump will invariably make decisions of vital national security significance
without taking into account the effect that these decisions will have on his
family’s considerable business interests?
To me, there is only one way for the public to gain
such confidence: for Mr. Trump and his family to turn over complete information
about their corporate assets to the Government.
The Government would employ trained financial analysts to estimate the
fair market value of these assets – not the kind of “fire sale” value that many
Democratic partisans would like them to receive if Mr. Trump was forced to sell
the assets prior to the time he took office – and then provide that fair market
value to the Trump family in some sort of cash equivalent in exchange for the
sale of the assets. Consider this akin
to the eminent domain principle that most of us are familiar with.
I realize that such an outcome may not seem fair to
the Trump children, who did not themselves decide to run for President and, all
else equal, should be allowed to serve in their chosen field (business) while
their father is President. But these are
not ordinary times, and we need to figure out the “least bad alternative” to
respond to the seven points identified above.
Besides, Mr. Trump’s two oldest sons have participated in both his
Presidential campaign and his post-election activities. They surely can find outlets for their
energies while their father is in the White House – akin to the kind of outlets
that Hillary Clinton found when her husband was President and to the outlets
that Mr. Trump already is planning for his daughter Ivanka and her husband.
I’m sorry, but I just cannot identify a better
approach. As long as Mr. Trump retains
the assets at issue – and I consider turning them over to his sons to be a form
of retaining them – I don’t know how a President-elect can expect an entire
nation to trust him to do the job for which he was elected. We are talking about blatant conflicts of
interest, which just happen to coincide with an apparent unwillingness to get
to the bottom of the attack that our Government is now attributing to their
Russian counterparts. Only the most
extreme Republican Partisan – or anyone who hosts a show on Conservative Talk
Radio – can fail to see the problem.
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