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Wed Jul 18, 2018, 06:21 AM

Trump's Russian Laundromat

https://newrepublic.com/article/143586/trumps-russian-laundromat-trump-tower-luxury-high-rises-dirty-money-international-crime-syndicate

But even without an investigation by Congress or a special prosecutor, there is much we already know about the president’s debt to Russia. A review of the public record reveals a clear and disturbing pattern: Trump owes much of his business success, and by extension his presidency, to a flow of highly suspicious money from Russia. Over the past three decades, at least 13 people with known or alleged links to Russian mobsters or oligarchs have owned, lived in, and even run criminal activities out of Trump Tower and other Trump properties. Many used his apartments and casinos to launder untold millions in dirty money. Some ran a worldwide high-stakes gambling ring out of Trump Tower—in a unit directly below one owned by Trump. Others provided Trump with lucrative branding deals that required no investment on his part. Taken together, the flow of money from Russia provided Trump with a crucial infusion of financing that helped rescue his empire from ruin, burnish his image, and launch his career in television and politics. “They saved his bacon,” says Kenneth McCallion, a former assistant U.S. attorney in the Reagan administration who investigated ties between organized crime and Trump’s developments in the 1980s.

It’s entirely possible that Trump was never more than a convenient patsy for Russian oligarchs and mobsters, with his casinos and condos providing easy pass-throughs for their illicit riches. At the very least, with his constant need for new infusions of cash and his well-documented troubles with creditors, Trump made an easy “mark” for anyone looking to launder money. But whatever his knowledge about the source of his wealth, the public record makes clear that Trump built his business empire in no small part with a lot of dirty money from a lot of dirty Russians—including the dirtiest and most feared of them all.

SNIP

Over the years, Trump and his sons would try and fail five times to build a new Trump Tower in Moscow. But for Trump, what mattered most were the lucrative connections he had begun to make with the Kremlin—and with the wealthy Russians who would buy so many of his properties in the years to come. “Russians make up a pretty disproportionate cross section of a lot of our assets,” Donald Trump Jr. boasted at a real estate conference in 2008. “We see a lot of money pouring in from Russia.”

The money, illicit and otherwise, began to rain in earnest after the Soviet Union fell in 1991. President Boris Yeltsin’s shift to a market economy was so abrupt that cash-rich gangsters and corrupt government officials were able to privatize and loot state-held assets in oil, coal, minerals, and banking. Yeltsin himself, in fact, would later describe Russia as “the biggest mafia state in the world.” After Vladimir Putin succeeded Yeltsin as president, Russian intelligence effectively joined forces with the country’s mobsters and oligarchs, allowing them to operate freely as long as they strengthen Putin’s power and serve his personal financial interests. According to James Henry, a former chief economist at McKinsey & Company who consulted on the Panama Papers, some $1.3 trillion in illicit capital has poured out of Russia since the 1990s.

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Reply Trump's Russian Laundromat (Original post)
pnwmom Jul 2018 OP
Achilleaze Jul 2018 #1
Crutchez_CuiBono Jul 2018 #2

Response to pnwmom (Original post)

Wed Jul 18, 2018, 06:34 AM

1. republican criminals are now selling out America

and selling out American power, prestige, security, and democracy. That's some sick JudeAss republican shit going down. Dirty Donny* is just the pimple on the ass of the KGOP republican betrayal cabal.

* aka republican Draft-Dodger-in-Chief

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Response to pnwmom (Original post)

Wed Jul 18, 2018, 06:40 AM

2. Incredible.

Sounds EXACTLY like whats going on. And American rich folk, are trying to do the same here. Raiding our parks etc. comes to mind first off. Ugh.

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