Thread: President of the US of A

Originally Posted by shooter74743

He has already said that his kids will run the business.

That's good, but I guess what I meant was is it a general rule of any President in that situation that they must give up their business interests?

James.

Yes, you would think...HOWEVER many of the past presidents have greatly increased their "net worth"...so I am sure there are some not so up and up happenings to help them to prosper. When I say prosper, I mean prosper GREATLY!

Originally Posted by shooter74743

Yes, you would think...HOWEVER many of the past presidents have greatly increased their "net worth"...so I am sure there are some not so up and up happenings to help them to prosper. When I say prosper, I mean prosper GREATLY!

Is it too late to sign up? I could use some prosperity!

Beat Bloomburg to the punch on the independent side!

Originally Posted by Jimbo

That's good, but I guess what I meant was is it a general rule of any President in that situation that they must give up their business interests?

James.

A president cannot run a business on the side and all investments must be put in the care of an investment house. Obama put his with Berkshire Hathaway. This does not mean he doesn't know what's going on nor does it stop him from swaying things in his favor.
BP oil spill. They wanted to use Corexit in the ocean to absorb the oil. EPA was not prepared to responsibly authorize BP's use of Corexit, but did so anyway. Wonder why ? Not sure myself but it just so happens Berkshire bought a LOT of stock in that company just before the decision and the stock went through the roof after. Hmmmm
It's much like insider trading. Against the law but a staple food of the rich. You have to get caught and even then only the little guys become patsies.