One of the main concerns of people who didn’t blindly vote for an orange buffoon with no experience to run the most powerful country on earth is how impossible it will be for Lord Cheeto to separate his billions in business dealings from his job as chief executive. Is it possible for a man with such a high stake in Wall Street, real estate and everything corporate America to be the guy deciding on regulation at the highest level?
Of course not. For a normal person, maybe, but not for Donald Trump. Trump will do whatever he wants as long as it’s in his own best interest. That’s becoming evident even now, two months before the Oompa Loompa administration begins. CNBC reports that Trump has a bundle of money tied up in companies directly involved with the Dakota Access Pipeline, making it impossible for him to be able to render an unbiased opinion or direct his agencies fairly on this highly controversial issue:
President-elect Donald Trump holds stock in the company building the disputed Dakota Access oil pipeline, and pipeline opponents warn that Trump’s investments could affect any decision he makes on the $3.8 billion project as president.
Trump’s 2016 federal disclosure forms show he owned between $15,000 and $50,000 in stock in Texas-based Energy Transfer Partners. That’s down from between $500,000 and $1 million a year earlier.
Trump also owns between $100,000 and $250,000 in Phillips 66, which has a one-quarter share of Dakota Access.
While Trump’s stake in the pipeline company is modest compared with his other assets, ethics experts say it’s among dozens of potential conflicts that could be resolved by placing his investments in a blind trust, a step Trump has resisted.
Put his investments in a blind trust? Well, that’s just not gonna happen, is it, Donald? Trump will be lording over us from his Manhattan penthouse, shielded from the scrutiny of the West Wing, where he can continue to lie about running his businesses, make decisions based on his portfolio and trust his children, cronies and accountants with the business of our country so they can properly advise him on how to screw the American people on behalf of the one percent.