But We’re Supposed to Just Trust Trump
A spokesperson for Donald Trump claims the president-elect sold all his Boeing stock in June. Trump Tuesday morning, just before the U.S. Markets opened, tweeted a demand to have Boeing’s contract to build two new Air Force Ones canceled, falsely claiming billions of dollars in cost overruns. Boeing’s stock dropped substantially as a result. Boeing subsequently stated they are merely in the planning stages, suggesting there can’t even be cost overruns.
But the real story here is Americans have no idea what Donald Trump owns and doesn’t own, nor do we have any idea what moves he will make in his portfolio. And Trump insists the American people have no right to know.
Hypothetically, let’s assume Trump spokesman’s, Jason Miller – who is the communications director for the Trump transition team and has on several occasions delivered wrong or false information, as recently as Monday – is correct.
So, Trump owned stock in Boeing and sold all of it.
Hypothetically, what’s to prevent Trump to make this out-of-the-blue attack on Boeing, then – as the stock tumbles – pick up a ton of shares? A few days later, Trump could tweet he and Boeing have kissed and made up, and the Air Force Ones purchase will move forward – causing the stock to jump. Trump then sells the stock, and makes a few fast millions.
Of course, that’s just a hypothetical, but since Trump has not placed his assets in a blind trust, and has made clear he will not, it’s perfectly fair to suggest he could – and given his past history – would, do something like this.
And America would have no way of knowing.
Trump has not and will not release his taxes, Trump has not and will not place his assets in a blind trust, Trump and his daughter Ivanka have already used his position as president-elect to further their commercial interests.
But we’re supposed to just trust him.
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