Thursday, December 15, 2016

Much ado about nothing

Powerline and others are making a big deal out of how President-elect Trump will prevent his Presidency from being a massive subsidy to his businesses, but quite frankly, I'm not terribly persuaded that this is a big deal.  His businesses include hotels, golf courses, casinos, apartments, and the like, and reality is that these businesses are regulated at the state and local levels here in the U.S., and by foreign governments outside our country.  Exactly what can he do to benefit his businesses without alerting the bureaucracy that "Trump" hotels and casinos are not the best deal, but are the chosen ones?

Yes, he should leave the day to day operation of his companies to his children and other executives, but there is nowhere near the conflict of interest shown by, say, the Clinton Foundation, which was receiving large payments right after favorable State Department action.

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