White House defends Trump claim tax plan will cost him ‘a fortune’

The White House defended President Trump’s assertion that the forthcoming tax reform bill will cost him a “fortune,” while admitting he could benefit from cuts to corporate taxes.

Press secretary Sarah Huckabee Sanders responded to repeated questions from reporters during Tuesday’s briefing about Trump’s assertion, which he made during a Nov. 29 speech in Missouri.

Sanders defended the president by arguing that he hasn’t been focused on himself, but instead on the impact the bill would have on everyday Americans.

“In some ways, particularly on the personal side, the president will likely take a big hit. But on the business side, he could benefit,” she said.

“The biggest focus for this White House is to makes sure all Americans are better off today when this tax package passes than they were before hand. We really focused on invigorating the middle class and making sure they get more of their hard-earned money.”

Multiple independent analyses show that Trump, whose net worth is pegged by Forbes at $3.1 billion, stands to benefit from GOP tax plan.

When reporters noted that the overall impact on Trump’s bottom line is unclear because he has not released his tax returns, Sanders said that Trump will not release his tax returns while they are under audit, which is the line that Trump took during the presidential campaign too. The IRS, however, has said an audit does not prevent an individual from releasing personal tax information.

Using information from a leaked portion of Trump’s tax returns from 2005, NBC News quoted a tax expert estimating that the combined estates of both Trump and first lady Melania Trump would save about $1 billion from the repeal of the estate tax. The expert also estimated that Trump would save $22.6 million thanks to the repeal of the alternative minimum tax, after capital gains taxes were taken into account. But without Trump’s most recent tax returns, or a more full glimpse at the 2005 return, the full impact couldn’t be nailed down.

The House passed the final version of the plan Tuesday afternoon, with the Senate expected to vote on the bill later that same day.

[The Hill]

Graham tweets about ‘spectacular’ Trump golf course

Sen. Lindsey Graham (R-S.C.) tweeted about golfing with President Trump at one of Trump’s courses shortly after the pair wrapped up their round.

“Trump International Golf Club is a spectacular golf course,” Graham tweeted.

“Great day of fun playing with @POTUS @realDonaldTrump.”

The pair golfed at the Trump International Golf Club in West Palm Beach, Fla., on Sunday.

“The president is playing a round of golf with Sen. Lindsey Graham, where the two are discussing the tax cuts and reform legislation and the importance of fully funding our national security needs in upcoming government spending negotiations,” said White House spokesman Raj Shah.

Walter Shaub, the former head of the Office of Government Ethics, quickly replied to Graham’s tweet promoting Trump’s for-profit business.

Graham and Trump have golfed together before at Trump’s course in Virginia.

Graham told GOLF Magazine that Trump had shot a 73 during their game in October, a score the publication called “unlikely, to say the least.”

[The Hill]

Trump’s team insists he has a ‘full schedule’ an hour before he goes golfing

President Trump is at Mar-a-Lago, his resort in Palm Beach, Fla., for the Thanksgiving holiday. It’s the Wednesday of Thanksgiving week, a day that can generally be fairly described as low-key for most people. In fact, you’re not even reading this right now; you’re driving to a relative’s house or you’re trying to remember what you need to get at the grocery store.

“Low-key” is also how deputy White House press secretary Lindsay Walters described the day to the press pool Wednesday morning. Trump would make a few calls this week, she said, but otherwise not much going on.

Less than 10 minutes later, though, the White House asked the press pool for a correction.

“While the White House communications staff expects the press pool to have a ‘low-key day,’” the update from The Washington Post’s Jenna Johnson wrote, “the president will NOT have a low-key day and has a full schedule of meetings and phone calls.”

Got that? Not Trump on vacation at Mar-a-Lago. Trump working hard at what he calls the “Winter White House.” Trump tweeted to that effect Wednesday morning.

Trump calls it the “Winter White House” so that people will see his time there as an extension of his normal work life. In one sense it is: A president is never actually off-duty. In most senses, though, it isn’t. Trump’s calendar is generally clear when he’s at Mar-a-Lago (or at his club in Bedminster, N.J.), with time instead reserved for playing golf.

But Trump consistently wants to give Americans the impression that he’s working when he’s at one of his private clubs. This is the president, after all, who on the campaign trail insisted that he probably wouldn’t have time to play golf if elected. It’s why he always talks about phone calls and meetings that aren’t on his official calendar, taking advantage of the public’s assumption that a president is working 24/7 to provide cover for the time he spends at leisure.

So we get a parade of tweets like these.

[Washington Post]

Taxpayers pay legal bill to protect Trump business profits

Taxpayers are footing the legal bill for at least 10 Justice Department lawyers and paralegals to work on lawsuits related to President Trump’s private businesses.

Neither the White House nor the Justice Department will say how much it is costing taxpayers, but federal payroll records show the salaries of the government lawyers assigned to the cases range from about $133,000 to $185,000.

The government legal team is defending President Trump in four lawsuits stemming from his unusual decision not to divest himself from hundreds of his companies that are entangled with customers that include foreign governments and officials.
In the cases, Justice Department attorneys are not defending policy actions Trump took as president. Instead, the taxpayer-funded lawyers are making the case that it is not unconstitutional for the president’s private companies to earn profits from foreign governments and officials while he’s in office.

The government lawyers and Trump’s private attorneys are making the same arguments — that the Constitution’s ban on a president taking gifts from foreign interests in exchange for official actions does not apply to foreign government customers buying things from Trump’s companies. The plaintiffs, including ethics groups and competing businesses, argue the payments pose an unconstitutional conflict of interest.

The Justice Department for weeks refused to answer questions about how many employees were working on the cases and for how long, falsely saying the agency doesn’t track such information. USA TODAY identified the government legal staff who are defending Trump’s business profits using the agency’s own internal case-tracking database, obtained under the Freedom of Information Act.

The Justice Department traditionally defends the office of the president and its occupants’ rights in court, sometimes under novel circumstances. However, the cases about Trump’s businesses create a historically awkward and unusual position for the public lawyers: the result of their arguments in court is to protect the president’s potential customer base.

“We’ve never before had a president who was branded and it’s impossible to divorce from that brand,” said Stuart Gerson, who served as chief of the Justice Department’s civil division for Presidents George H.W. Bush and Bill Clinton. “It’s blurring the lines because it’s so unusual. I can’t think of a precedent where another civil division lawyer has been called on to defend the president under these circumstances.”

[USA Today]

Trump plugs his Bedminster golf club in speech to South Korean National Assembly

During a speech on Tuesday before the South Korean National Assembly, Donald Trump could not help but plug his golf course to the delegation gathered for his address.

Trump was discussing Korean golfers being “some of the best” in the world when he boastfully brought up his Bedminster Golf Club.

“In fact—and you know what I’m going to say—the women’s U.S. Open was held this year at Trump National Golf Club in Bedminster, New Jersey,” Trump said as the audience applauded. “And it just happened to be won by a great Korean golfer, Park Sung-hyun, and eight of the top players were from Korea, and the top four golfers, one, two, three, four, the top four were from Korea.”

“So, congratulations,” Trump added.

[Raw Story]

Media

https://youtu.be/oeJ8vtF5mlY

 

 

Trump chooses not to deport wealthy Chinese fugitive – after finding out he’s a Mar-a-Lago member

President Donald Trump was reportedly on the verge of deporting billionaire Chinese fugitive Guo Wengui, but changed his mind after aides informed him that Guo is a fellow billionaire and a member in good standing at the president’s Florida resort, Mar-a-Lago.

According to Vanity Fair‘s Isobel Thompson, Guo is wanted on charges of rape, bribery and kidnapping in his native China.

Much like Trump, the international fugitive is a wealthy real-estate developer with a massive Twitter following and an intense interest in building and promoting his personal brand.

Longtime Trump friend and casino magnate Steve Wynn delivered Trump a letter from the Chinese government demanding Guo’s extradition. Trump was inclined to take his friend’s advice, in spite of the conflict of interest posed by the fact that Wynn is dependent upon China’s approval to obtain licenses for his casinos in Macau.

Guo built a real estate empire in Beijing, but fled China in 2014 after being informed that he was about to be arrested. Since then he has taunted the Chinese government on Twitter, telling sensational — and possibly apocryphal — stories about Chinese government corruption.

There is no extradition treaty between China and the U.S. — meaning Trump is not obligated to hand over criminals wanted in China. Guo bought a $67.5 million apartment overlooking Central Park in New York City.

In May, Chinese government operatives visited Guo at his apartment — in violation of their visa status.

Thompson explained, “Entering the country on a visa that allows foreign government officials to travel through America en route to another destination without conducting official business, they met Guo at his apartment and pressured him to return to China and drop his accusations.”

The officials were nearly arrested at JFK airport, which could have sparked an international incident.

In June, Trump met with aides to discuss foreign policy toward China. He stunned the group by producing the letter forwarded to him by Wynn and saying that he was inclined to agree to the extradition.

Fearing that the handover would make the U.S. look weak and establish a dangerous precedent with foreign governments, aides urged set about trying to convince Trump not to fulfill China’s request.

They informed Trump that Guo “happens to be a member of his Mar-a-Lago resort (a privilege that costs $200,000 in initiation fees plus $14,000 in annual dues),” Thompson said. “The president subsequently changed his mind, exposing a secondary set of even more problematic biases. Apparently, Trump was more than happy to allow a wealthy friend to pressure him on foreign policy — until he was made aware of an even more pressing concern,” the possibility of losing a paying member of Mar-a-Lago.

[Raw Story]

Secret Service paid Mar-a-Lago at least $63,000, documents show

The U.S. Secret Service paid tens of thousands of dollars to President Trump’s Mar-a-Lago Club in the span of a few months, according to documents obtained by CNN.

The expense forms show that taxpayer dollars have flowed into Trump’s private club as a result of his repeated visits to the so-called Winter White House, which pulls in millions a year from members who pay a premium for its oceanside amenities and bedroom suites.

Most of the $63,700 in payments from the Secret Service to Mar-a-Lago were made between February and April, and were categorized as hotel costs on government expense forms. The payments are detailed in forms and more than a dozen invoices on Mar-a-Lago letterhead ranging from $1,300 to $11,050.

The purposes of the expenses were not spelled out in the documents, which were redacted before CNN reviewed them. The redactions make it unclear whether there were additional payments to Mar-a-Lago.

Experts said the bills could be for rooms rented to agents, space leased for communications equipment or other purposes.

The payments to Mar-a-Lago are just a fraction of the total Secret Service costs detailed in the records CNN reviewed, which include bills from other hotels, car rental companies and event services in South Florida.

Although the Secret Service routinely pays private businesses for costs that arise while protecting the president, government ethics hawks argue Trump may personally profit from his visits. Or worse, they allege, he’s violated the Constitution.

The payments appear to overlap with some of Trump’s weekend visits to the club in Palm Beach, Florida. After his inauguration, Trump spent a total of 25 full or partial days at the Mar-a-Lago between February 3 and April 16.

Trump transferred Mar-a-Lago and his other business holdings into a trust while he serves as president. But he refused to follow precedent by divesting his holdings, and he stands to accrue any business profits when he leaves office.

His financial disclosure forms for this year show that Mar-a-Lago made $37 million in revenue between January 2016 and April 2017. The club raised its membership initiation fee in January to $200,000, double what it was a year earlier.

While the Secret Service payments are a small share of the revenue, critics of the administration, along with prominent experts in government ethics, say Secret Service payments to Mar-A-Lago could violate a constitutional provision meant to prevent self-dealing and corruption.

The domestic emoluments clause bars the president from accepting gifts, or emoluments, other than his compensation from the federal, state, or local governments.

Whether the Mar-A-Lago charges amount to “gifts” is up for debate. It may rest on how much Secret Service paid for services or rooms at the resort. That information is redacted on the documents reviewed by CNN.

“The president risks violating the domestic emoluments clause if his company is making money off of the Secret Service,” said Richard Painter, the former White House ethics lawyer for President George W. Bush. “To avoid that, Mar-a-Lago should either charge Secret Service a rate federal employees are authorized to pay for a hotel room under ordinary circumstances or not charge at all.”

But waiving all charges could create additional legal issues under rules that prohibit gifts to government agencies.

Earlier this year, a government transparency group called Property of the People obtained a receipt from the Coast Guard for a stay at Mar-a-Lago. That document revealed the government was billed the so-called rack rate — an industry term that usually suggests the non-discounted price for a hotel room. That charge amounted to $1,092 for a two-night stay.

Jonathan Wackrow, a former Secret Service agent who served in the Presidential Protection Division, pointed out that, putting ethics arguments aside, the president always requires some level of Secret Service protection.

Although some agents could stay at nearby hotels, he said at least some members of the detail must stay with the president day and night in the event of an emergency.

“The Secret Service will make every attempt to be financially cautious, but there is an operational necessity for particular people to stay in close proximately to the president 24 hours a day,” said Wackrow, a CNN law enforcement analyst. “And they can’t sleep in the hallway.”

He said additional charges to the Secret Service could arise from the need for storage space for communications equipment, or for additional workspace.

The Mar-a-Lago expenses, detailed in records released by the Secret Service after CNN submitted a Freedom of Information Act request, are not the first payments made by the Secret Service for the use of a property owned by a White House official.

Federal contracting data show the Secret Service has paid about $170,000 to rent former Vice President Joe Biden’s property in Wilmington, Delaware since 2011.

Democrats have seized on other examples of government money flowing into Trump’s businesses to support criticism that the president may be profiting personally from his office.

In August, Democrats on the House Oversight Committee requested documents from federal agencies that detail taxpayer money going to products or services “provided by businesses owned by or affiliated with the Trump Organization.”

A spokesperson said the committee is in the process of collecting responses.

The Trump Organization and the White House did not respond to CNN’s requests for comment.

[CNN]

Trump Congratulates African Leaders for Making His Friends Rich

President Donald Trump on Wednesday was met with silence when he congratulated the leaders of African countries on the continent’s economic progress, telling them, “I’ve so many friends going to your countries, trying to get rich. I congratulate you. They’re spending a lot of money.”

Trump delivered the remark at a luncheon he hosted with the leaders of many of the 54 diverse nations on the African continent. And while Trump almost certainly meant it as compliment, and even seemed to pause for applause, not one attendee clapped.

For centuries, Europeans and Americans have exploited Africa’s natural resources and labor force, not least during the trans-Atlantic slave trade. In the post-Colonial era, the U.S. government has supported dozens of authoritarian regimes on the African continent, while American companies have made billions of dollars from deals with dictatorships.

Since taking office in January, Trump has nominated ambassadors to only around a dozen African nations, despite having recalled all Obama-era ambassadors before he was inaugurated. This means that the vast majority of nations on the continent do not currently have a U.S. ambassador with whom they can conduct bilateral diplomacy.

During the same speech, Trump also mispronounced Namibia as “Nambia,” saying very clearly that “Nambia’s health system is increasingly self-sufficient.”

A White House transcript confirmed that Trump meant to say Namibia.
The White House did not immediately respond to a request for comment from CNBC.

[CNBC]

The Strongest Evidence Yet Donald Trump Is Violating Constitutional Anti-Corruption Clauses

Since Donald Trump took office in January, his presidency has been dogged by concerns about how he may be profiting off the executive office. Now, thanks to receipts obtained by the transparency group Property of the People via the Freedom of Information Act, there’s evidence that the White House’s National Security Council paid more than $1,000 for a two-night stay at the Mar-a-Lago resort in Palm Beach, Florida, on March 3 and 4 of this year. Trump owns the resort, and the profits are stored in a trust managed by Donald Trump Jr. and Trump Organization chief financial officer Allen H. Weisselberg that the president can pull funds from at any time. As a consequence, these receipts may be evidence of a violation of the Domestic Emoluments Clause of the U.S. Constitution, which prohibits the president from receiving any compensation from federal, state, or local governments beyond the salary he earns as chief executive.

The Mar-a-Lago documents, which Property of the People obtained through the Coast Guard (a division of the Department of Homeland Security), show the National Security Council paid full price—the “rack rate”—for the rooms using a government travel charge card. The room cost $546 a night, according to the receipt. The Trump administration has at times referred to the Mar-a-Lago estate as the “Winter White House” or the “Southern White House.”

On Saturday, March 4, the second of the two days in question, President Trump was seen mingling at a lavish charity ball hosted by the Bascom Palmer Eye Institute at Mar-a-Lago, where he reportedly had dinner earlier that evening with then Attorney General Jeff Sessions, Commerce Secretary Wilbur Ross, John Kelly, former Chief Strategist Steve Bannon, and White House counsel Don McGahn. This was Trump’s third visit to his Palm Beach golf estate since his inauguration in January and two days after Jeff Sessions recused himself from the Justice Department’s investigation into the president’s ties with Russia. Saturday, March 4, was also a prolific day for President Trump on Twitter; he found the time to lodge an unfounded claim that President Obama had wiretapped Trump’s office at the White House and take a jab at Arnold Schwarzenegger’s “bad (pathetic) ratings” on the television show Trump used to host, Celebrity Apprentice.

The documents obtained by Property of the People also show that a government travel charge card was used to pay a March hotel bill at the Trump International Hotel in Las Vegas at a cost of $186. Trump himself owns 50 percent of the property. The documents also detail three February charges totaling $62, also paid by government card, at the restaurant at the Trump International Hotel in Washington.

The documents obtained by Property of the People further show that the U.S. Embassy paid $632 for four nights in June at the Trump International Hotel and Tower in Panama. Though Trump does not own this property, he collected more than $800,000 in fees from his Panamanian hotel management corporation, which he does own. That $632 bill was paid for with a government travel charge card. For competitive reasons, businesses do their best to keep the specifics of such licensing and management deals private, but court records have shown that Trump has struck deals connected to similar properties in which his payout was tied to the project’s success.

In February, the Washington Post reported that the State Department had spent $15,000 to rent 19 rooms at a Trump property in Vancouver shortly after Trump took office. That property isn’t directly owned by Donald Trump but rather by a Canadian company called the Holborn Group. Still, Trump makes money from licensing the Trump brand. According to his 2017 financial disclosure, which covers the period from January 2016 through April 2017, Trump earned $5 million in royalties from the Vancouver hotel.

Under the Domestic Emoluments Clause, “it doesn’t matter whether the benefit results from a payment made in the United States or outside it,” said Brianne Gorod, chief counsel at the Constitutional Accountability Center. “Likewise, any payment made to a business owned, in whole or in part, by the president raises serious questions under the clause because the president will ultimately enjoy a portion of any financial benefit these businesses receive.”

On June 14, the Constitutional Accountability Center filed a lawsuit against Trump for violating the Foreign Emoluments Clause. Sen. Richard Blumenthal, a Democrat from Connecticut, is the lead plaintiff in that suit, and 200 additional members of Congress have also joined the case. The Foreign Emoluments Clause states that anyone holding office in the United States cannot accept any benefit or gift from foreign governments without the consent of Congress. But Congress can’t waive the Domestic Emoluments Clause, according to Gorod.

In addition to the Blumenthal lawsuit, the attorneys general of Washington, D.C., and Maryland sued Trump over alleged emolument violations in June. The attorney general of Washington argues that the Trump International Hotel is taking away business from the taxpayer-owned convention center, as foreign embassies are opting to hold events and rent rooms at the Trump hotel instead. The Maryland attorney general likewise says Trump’s D.C. hotel is drawing business out of the state. And in January, the group Citizens for Responsibility and Ethics in Washington filed a lawsuit accusing the president of violating the Foreign Emoluments Clause by accepting money from foreign governments at his Washington hotel. The CREW case is moving forward with oral arguments next month.

Ryan Shapiro, the co-founder of Property of the People, said, “We’re targeting government charge card records at numerous federal agencies.” He noted that while the Coast Guard and the Department of Homeland Security were responsive with handing over federal records, others have been less forthcoming. Those less-responsive agencies, he said, “include the Secret Service, the State Department, the Department of Commerce, Customs and Border Patrol, the General Services Administration, and the Department of Defense.”

[Slate]

Trump Promised Not to Work With Foreign Entities, His Company Just Did

A major construction company owned by the Chinese government was hired to work on the latest Trump golf club development in Dubai despite a pledge from Donald Trump that his family business would not engage in any transactions with foreign government entities while he serves as president.

Trump’s partner, DAMAC Properties, awarded a $32-million contract to the Middle East subsidiary of China State Construction Engineering Corporation to build a six-lane road as part of the residential piece of the Trump World Golf Club Dubai project called Akoya Oxygen, according to news releases released by both companies. It is scheduled to open next year.

The companies’ statements do not detail the exact timing of the contract except to note it was sometime in the first two months of 2017, just as Trump was inaugurated and questions were raised about a slew of potential conflicts of interest between his presidency and his vast real estate empire.

The Chinese company, known as CSCEC, is majority government-owned — according to Bloomberg and Moody’s, among others — an arrangement that generally encourages growth and drives out competition. It was listed as the 7th largest company in China and 37th worldwide with nearly $130 billion in revenues in 2014, according to Fortune’s Global 500 list.

The company, which has had a presence in the United States since the mid-1980s, was one of several accused by the World Bank of corruption for its role in the bidding process for a roads project in the Philippines and banned in 2009 from World Bank-financed contracts for several years.

Meredith McGehee, chief of policy, programs and strategy at Issue One, which works to reduce the role of money in politics, said doing business with a foreign entity poses several potential problems for a president, including accusations that a foreign government is enriching him, gaining access to or building goodwill with him and becoming a factor in foreign policy.

The Trump Organization agreed to not engage in any new foreign deals or new transactions with a foreign entity — country, agency or official — other than “normal and customary arrangements” made before his election.

But Trump ignored calls to fully separate from his business interests when he became president. Instead, he placed his holdings in a trust designed to hold assets for his “exclusive benefit,” which he can receive at any time. He retains the authority to revoke the trust.

McGehee said Trump clearly knew foreign arrangements could be problematic because he outlined a list of restrictions, although vague ones, for his company to follow while he served as president. But more importantly, she said, the writers of the U.S. Constitution knew they could be too.

The Emoluments Clause in the U.S. Constitution says officials may not accept gifts, titles of nobility or emoluments from foreign governments with respect to their office, and that no benefit should be derived by holding office.

“This is not just a concern of good government organizations,” she said. “It was a fundamental concern of the founding fathers.”

Trump pledged to donate profits from spending by foreign governments at his hotels to the U.S. Treasury, though he has been accused of violating the constitutional restriction and faces multiple lawsuits over the issue.

In some deals reviewed by McClatchy, the Trump Organization licenses its name and receives royalties from a project but does not have any input on who the developer hires. But in other cases, officials from the Trump Organization, including the Trump children, have taken a great interest in the development, walking the sites to check on progress.

An official with the Trump Organization, which is run by the president’s adult sons, confirmed the company licensed its name and brand to DAMAC Properties and has entered into an agreement to manage the Dubai golf course.

The Chinese company was appointed by DAMAC to undertake some infrastructure work and to build one of their hospitality developments” said the Trump Organization official who asked for anonymity. The official said the residential project and the golf course are “totally unrelated” despite marketing materials, including brochures, websites and news releases, showing them intricately tied together. DAMAC and CSCEC did not respond to messages about the development.

CSCEC appears in the Panama Papers, a massive data breach from law firm Mossack Fonseca whose publication last year lifted the veil on the secretive world of offshore companies, which can be used for legitimate business purposes but can also be used to evade taxes and launder money.

The documents show CSCEC had offshore companies listed in the Bahamas and in Panama, where it has projects. Mossack Fonseca subjected it to greater scrutiny, giving it Politically Exposed Person status, in part because of its state-owned status.

The company’s contract is for work on the Trump World Golf Club Dubai project, which boasts of “living on a grand scale” with a golf course designed by famed American golfer Tiger Woods, thousands of sleek, modern villas, restaurants, shops, schools, nurseries and a lake. The development touts it will house Dubai’s first tropical rainforest complete with waterfalls and tropical birds under a sky dome.

“This unparalleled development provides luxury living on a grand scale, with over 2,000 hotel apartments of varying size, all offering exceptional views of the development, the lake and the lush fairways of the Trump World Golf Club Dubai,” according to a brochure. “The properties are fully furnished and our staff is available to you 24 hours a day, to ensure that you enjoy premium service on a par with the world’s finest hotels.”

In February, Eric Trump and Donald Trump Jr., attended a ceremony to open the first golf club in Dubai after their father spent years trying to break into the Middle East market.

Trump International Golf Club Dubai, part of a larger project built by a development giant DAMAC Properties on the outskirts of Dubai, includes more than 100 Trump-branded villas selling from $1 million to $4 million.

Hussain Sajwani, DAMAC’s wealthy chairman, who has family members listed in the Panama papers, offered the Trump Organization $2 billion in deals following Trump’s election, according to both sides. Trump said he rejected the offers to avoid conflicts of interest.

“Over the weekend, I was offered $2 billion to do a deal in Dubai with a very, very, very amazing man, a great, great developer from the Middle East,” Trump said at a news conference in January. “And I turned it down. I didn’t have to turn it down because as you know I have a no conflict situation because I’m president…But I don’t want to take advantage of something.”

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