It has been a tradition that using public office to make money was looked down upon, but it certainly appears that has gone by the wayside.
Do U.S. Presidents Always Make This Much Money? [video]
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Re: Do U.S. Presidents Always Make This Much Money? [video]
#12It has been a tradition that using public office to make money was looked down upon, but it certainly appears that has gone by the wayside.
Re: Do U.S. Presidents Always Make This Much Money? [video]
#13No, Trump's administration is straight up criminal. The guy has made ~3500 stock trades in the last 3 months, and there's a pattern of him publicly pumping stock by mentioning a company in a tweet or public statement. The problem is, the framers of the Constitution believed the American people would never elect someone so criminal and unfit, so the President is exempt from many criminal laws, including those that wou…
There was also the assumption that Congress would do something. Nixon resigned when he was told that he would likely be impeached. Unfortunately the current Republicans in Congress are completely spineless.
Re: Do U.S. Presidents Always Make This Much Money? [video]
#14Re: Do U.S. Presidents Always Make This Much Money? [video]
#15By 'on the side', I mean things like book deals and at the time legal insider trading. As for making a billion after being elected president in the past it was foundations you've set up and receive donations to, not directly like trump. I think the Clintons were probably the most extreme even taking it I remember a billion dollar donation from Saudi Arabia. But nothing comes even close to trump.
Re: Do U.S. Presidents Always Make This Much Money? [video]
#16It has been a tradition that using public office to make money was looked down upon, but it certainly appears that has gone by the wayside.
From Article II, Section 1:
The President shall, at stated Times, receive for his Services, a Compensation, which shall neither be encreased nor diminished during the Period for which he shall have been elected, and he shall not receive within that Period any other Emolument from the United States, or any of them.
The President is not allowed to accept any compensation during his time in office aside from his salary. That's why past presidents have divested themselves from businesses, with Carter going as far as giving up a peanut farm.Trump, on the other hand, openly goes out of his way to cash in on his office, even to the extent of accepting bribes in the form of planes from foreign countries, large donations of foreign and domestic powers via his cryptocurrency, and accepting direct payments for pardons.
I should note that bribery is one of the explicitly mentioned crimes for which impeachment is designed, as mentioned in Article II, Section 4:
The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors.Re: Do U.S. Presidents Always Make This Much Money? [video]
#17No, Trump's administration is straight up criminal. The guy has made ~3500 stock trades in the last 3 months, and there's a pattern of him publicly pumping stock by mentioning a company in a tweet or public statement. The problem is, the framers of the Constitution believed the American people would never elect someone so criminal and unfit, so the President is exempt from many criminal laws, including those that wou…
There was also the assumption that Congress would do something. Nixon resigned when he was told that he would likely be impeached. Unfortunately the current Republicans in Congress are completely spineless.
Re: Do U.S. Presidents Always Make This Much Money? [video]
#18Earlier quoted context omitted.
There was also the assumption that Congress would do something. Nixon resigned when he was told that he would likely be impeached. Unfortunately the current Republicans in Congress are completely spineless.
they're not really spineless, they're fully on board with this. This is how they hammer through everything they've been working for, the rest of us be damned.
Re: Do U.S. Presidents Always Make This Much Money? [video]
#19It has been a tradition that using public office to make money was looked down upon, but it certainly appears that has gone by the wayside.
It's not merely looked down upon: it's illegal. From Article II, Section 1: The President shall, at stated Times, receive for his Services, a Compensation, which shall neither be encreased nor diminished during the Period for which he shall have been elected, and he shall not receive within that Period any other Emolument from the United States, or any of them. The President is not allowed to accept any compensation…