aside President Had To File His 2017 Financial Disclosure Form Showing Payments To Stormy Daniels

COHEN/ TRUMP/ STORMY DANIELS

It’s out. On the 16th day of May 2018, the republican President Donald Trump finally had to release as required, his 2017 Financial Disclosure Form where he did list the liability he had incurred which prompted him to repay his personal attorney Michael Cohen for monies he paid around October 2016 to Stormy Daniels in exchange for her silence about her affair with the president in 2006. Of course, this revelation is in contradiction to the republican President Donald Trump’s prior statements and denials.

Here is the rest of the story…

On May 16, 2018, Steve Eder,  Eric Lipton and Ben Protess of the New York Times penned the following report, “Trump Discloses Cohen Payment, Raising Questions About Previous Omission”

Excerpt:

“President Trump’s financial disclosure, released on Wednesday, included for the first time repayment of more than $100,000 to his personal lawyer, Michael D. Cohen, in 2017, raising questions about whether Mr. Trump’s sworn filing from a year ago improperly omitted the debt.”

Image result for PHOTOS OF MICHAEL COHEN TRUMP

“In a highly unusual letter, the Office of Government Ethics alerted the Justice Department on Wednesday to the omission, telling Rod J. Rosenstein, the deputy attorney general, that the ethics office had determined “the payment made by Mr. Cohen is required to be reported as a liability.”

“Mr. Trump’s financial disclosure, released by the Office of Government Ethics, did not specify the purpose of the payment. However, Mr. Cohen has paid $130,000 to a pornographic film actress, Stephanie Clifford, who has said she had an affair with Mr. Trump. Mr. Cohen has said he made the payment shortly before the 2016 election as hush money for Ms. Clifford, who goes by the stage name Stormy Daniels.”

“Mr. Trump repaid Mr. Cohen $100,001 to $250,000 in 2017, according to a footnote in the filing.”

Image result for PHOTOS OF MICHAEL COHEN TRUMP

“David J. Apol, the acting director of the Office of Government Ethics, sent Mr. Rosenstein a copy of Mr. Trump’s current and previous financial form, noting in his letter that “you may find the disclosure relevant to any inquiry you may be pursuing regarding the president’s prior report that was signed on June 14, 2017.”

“The letter is not an official referral and does not constitute a finding of wrongdoing, according to lawyers.”

“The hush payment has been a source of controversy for Mr. Trump, who initially said on Air Force One that he was unaware of the payment to Ms. Clifford before acknowledging its existence in a series of Twitter posts this month. Mr. Trump said that he repaid a $130,000 payment that Mr. Cohen made to Ms. Clifford just days before the presidential election in 2016 and suggested that the payment by Mr. Cohen to the actress could not be considered a campaign contribution.”

Image result for PHOTOS OF PRESIDENT ON AIR FORCE ONE

“Mr. Trump’s lawyers, who prepared the document that was released on Wednesday, said that Mr. Trump was reporting the repaid debt “in the interest of transparency” but declared in the footnote that the transaction was “not required to be disclosed as reportable liabilities.”

“Critics of Mr. Trump seized on the repaid debt as proof that the president should have included it in last year’s statement, which was filed voluntarily in June and signed by Mr. Trump under a line that said, “I certify that the statements I have made in this report are true, complete and correct to the best of my knowledge.”

Image result for CARTOONS OF TRUMP AND COHEN AND STORMY DANIELS

“Noah Bookbinder, the executive director of Citizens for Responsibility and Ethics in Washington, said in a statement that the inclusion of the payment on this year’s form “raises serious questions as to why it was not disclosed in last year’s filing.” The group, known as CREW, had filed a complaint with the Justice Department and the ethics office asking for an investigation into whether the payment constituted a loan.”

“Under federal law, an official who “knowingly and willfully falsifies information” on a financial disclosure could face criminal charges.”

“Marilyn Glynn, who served as the general counsel at the Office of Government Ethics from 1997 to 2008, said that the letter to the Justice Department was significant and unusual and that if Mr. Trump intentionally filed an inaccurate disclosure last year, he may have violated the law.”

“But she added that the matter was now unclear — as the letter from the ethics office did not explicitly state that the agency itself had concluded there was a violation.”

Image result for PHOTOS OF MICHAEL COHEN TRUMP
MICHAEL COHEN IN CIRCLE

“What did he know and when did he know it,” she said. “At time he filed it last year, he may not have known this payment was made or that a payment was made at all.”

“Mr. Trump’s disclosure of the repaid debt to Mr. Cohen did little to clear up confusion about the total size of the reimbursements. Rudolph W. Giuliani, Mr. Trump’s lawyer, said this month that Mr. Cohen was paid $460,000 or $470,000 from Mr. Trump, which also included money for “incidental expenses” that he had incurred on Mr. Trump’s behalf.”

“Mr. Giuliani said that Mr. Trump started paying Mr. Cohen back through a series of monthly installments of about $35,000 and that those payments began last year and may have carried into this year. The filing released on Wednesday capped the amount Mr. Trump paid back to Mr. Cohen in 2017 at $250,000, leaving more than $200,000 of the amount Mr. Giuliani mentioned unaccounted for.”

Image result for PHOTOS OF MICHAEL COHEN TRUMP
TRUMP/ COHEN/ STORMY DANIELS

“The disclosure did not preclude the possibility that federal investigators could determine the payment to Ms. Clifford violated campaign finance laws. If they conclude it was made with the intention of influencing the presidential campaign — making it an effective political contribution — it would violate election law, which caps individual donations to federal candidates at $5,400 an election cycle.”

“Mr. Giuliani has argued that Mr. Cohen made the payment to Ms. Clifford on Mr. Trump’s behalf for personal reasons unrelated to the campaign and should not, therefore, be counted as a campaign expense subject to election law restrictions. This new disclosure could help bolster that argument by Mr. Trump.”

“Beyond the repaid debt to Mr. Cohen, the 92-page form provides the most detailed window into how Mr. Trump’s finances have fared during his presidency.”

“The document, which covers the 2017 calendar year, showed total income from Mr. Trump’s business operations and investments of at least $453 million and assets valued at a minimum of $1.4 billion. The disclosure from the previous year showed total income of at least $597 million and a similar level of assets, but that report spanned nearly 16 months so is not directly comparable.”

Image result for PHOTOS OF TRUMP WASHINGTON HOTEL

“It provides the first extended look at the performance of Mr. Trump’s Washington hotel, which opened in September 2016 and has become a magnet for lobbyists and Republican aides. The hotel is one of his best performing properties, and the disclosure listed revenue of $40.4 million.”

“Mr. Trump’s Mar-a-Lago resort in Florida, which the president frequents in the winter,  had revenue of $25.1 million. Last year’s filing listed revenue of $37.3 million at Mar-a-Lago over a 16-month period.”

Link to entire report: Trump Discloses Cohen Payment, Raising Questions About Previous Omissions

10 comments

  1. Gday mate, hope you and yours are well. This is just the thin edge of the wedge. However, when it comes to American politics, I am a stranger in a strange land. If one looks at a leaf, then the branch then the trunk and go all the way down to the roots. (no pun intended) Hugs.

    • Dear Gary J,

      We are all in a strange land. Politics is not bean bags but this is sick, beyond sick. It is a horrifying nightmare that just won’t end.

      Hugs, Gronda

  2. Dear Mz. Gronda,

    While we are all following this story with a huge amount of interest, is it possible that we are simply being offered what used to be called bait and switch scheme? With the funding to a trump endeavor in the Asian rim, and bail out of a Chinese cell phone maker, combined with a sale of Russian made aircraft to Iran after some of the recent actions of King Donnie, we are all fixed on what could be considered minor infractions involving a porn star? Please don’t misunderstand me, it is not that I don’t find this story interesting, I simply don’t think it is what will bring down King Donnie and his cartel. Who are the alleged American companies that are selling so many parts to the Chinese cell phone company, and where are those parts actually made? Why was Russia able to sell air craft to Iran so quickly, almost on a moments notice? How did these foreign nations know what our leaders were going to do well before we did? Where is the massive news coverage on these events? Are we being lead around with a proverbial nose ring being fed what the King and his court want us to know and very little else? Perhaps I am wrong to question, why one story is so easy to find and read about and the rest are somewhat buried in the quicksand of the swamp…

    • Dear Crustyolemothman,

      You are right to be concerned as the media can be manipulate, and have been manipulated by new shiny objects that are so numerous that the media journalists can keep up with all the balls.

      We are learning how much the US White House resembles a Mafia type organization where their members fingers are involved in so many pies, it is a wonder if the FBI lead investigator Robert Mueller will manage to finish this Trump-Russia probe by the time the president leaves office.

      Hugs,Gronda

    • @ Crusty

      In all seriousness i have to agree with your premise. Trump is a devious little weasel, a master at obfuscation and misdirection, so it’s second nature to him to manipulate the press with mindless sensationalism in order to red herring the important issues that can really put him away for good.

      The Chinese ZTE mandate by Trump to “save” this company from imminent loss of Chinese jobs is quite telling! (Headsnap) I thought Trump’s campaign is to preserve American jobs… not save Chinese ones?! Hmmm…. what kind of side deals did he have going on and the billions he stood to make with Xi. Talk about pay for play…… Hillary’s got nothing on this guy!

Comment

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s