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ppauper
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December 5th, 2018, 10:13 pm

Mike Bloomberg says he may sell his media company if he runs for president
Michael Bloomberg told a radio interviewer this week that if he runs for president he will sell his financial data and news operation, or place it in a blind trust.
Does Bloomberg not know what a blind trust is?
the word "blind" is a clue, you don't know what assets are in the trust.
wiki
A blind trust is a trust in which the trust beneficiaries have no knowledge of the holdings of the trust, and no right to intervene in their handling. In a blind trust, the trustees (fiduciaries, or those who have been given power of attorney) have full discretion over the assets.
further down
Because the assets initially placed in the QBT are known to the government official (who is both creator and beneficiary of the trust), these assets continue to pose a potential conflict of interest until they have been sold (or reduced to a value less than $1,000). New assets purchased by the trustee will not be disclosed to the government official, so they will not pose a conflict.
 
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bearish
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Re: Democratic presidential contenders in 2016

December 6th, 2018, 2:59 am

At least Trump doesn’t have this problem. There is no trust whatsoever.
 
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ppauper
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Re: Democratic presidential contenders in 2016

December 6th, 2018, 8:55 am

At least Trump doesn’t have this problem. There is no trust whatsoever.
That's a lie.
wiki
Before being inaugurated as president, Trump moved his businesses into a revocable trust run by his eldest sons and a business associate.
I'm trying to think who the last president to own a business was.
President Carter had (has?) a peanut farm, and according to wiki,
On January 4, 1977, Carter told reporters that he would free himself from potential conflicts of interest by leaving his peanut business in the hands of trustees.
The wiki entry does not say whether President Carter actually carried through on this.

Not sure what Nellie did when he was Ford's VP (or Governor of NY for that matter)

Bloomberg may not know what a blind trust is, but what he's proposing to do seems to be the same as what Presidents Carter and Trump did
 
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FaridMoussaoui
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Re: Democratic presidential contenders in 2016

December 6th, 2018, 11:16 am

I am still waiting your answer ppauper? who are you?
 
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ppauper
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Re: Democratic presidential contenders in 2016

December 16th, 2018, 8:10 am

Biden Leads Sanders, O'Rourke in Iowa Democratic Caucus Poll
Biden 32%
Sanders 19%
O'Rourke 11%

They only give the top 3, so I'not sure if Hillary was included
 
 
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ppauper
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Re: Democratic presidential contenders in 2016

January 6th, 2019, 10:04 pm

Three of the leaders of the Women’s March (that thing right after the president's inauguration) — Linda Sarsour, Carmen Perez and Tamika Mallory — have ties to Minister Farrakhan
According to the LA Times, it's ok for them to be anti-semites as long as they are “advancing the causes of women”

Can you admire Louis Farrakhan and still advance the cause of women? Maybe so. Life is full of contradictions
Personally, I find Farrakhan’s world view vile. Yet, I think it is possible to be repulsed by his hateful rhetoric about white people, especially Jews, and still appreciate some of the empowerment work that he has done in the black community, including leading the 1995 Million Man March to promote African American family unity.
 
 
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bearish
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Re: Democratic presidential contenders in 2016

February 2nd, 2019, 1:00 pm

I wish all these politicians would keep god where she belongs
 
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Alan
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Re: Democratic presidential contenders in 2016

February 2nd, 2019, 7:52 pm

A separate state for Farrakhan himself is an excellent idea. I suggest a nice pacific atoll, something akin to this:

Image