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World Trump's millions from Turkey and the Philippines are corrupt

13:20  04 october  2020
13:20  04 october  2020 Source:   washingtonexaminer.com

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When President Trump speaks glowingly of brutal strongmen atop the governments in Turkey and the Philippines , remember that he’s making millions of dollars in these countries with the tacit approval of these authoritarian governments. Trump ’ s personal finances depend on the goodwill of Recep Tayyip

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When President Trump speaks glowingly of brutal strongmen atop the governments in Turkey and the Philippines, remember that he’s making millions of dollars in these countries with the tacit approval of these authoritarian governments.

Recep Tayyip Erdogan, Donald Trump posing for the camera © Provided by Washington Examiner

Trump’s personal finances depend on the goodwill of Recep Tayyip Erdogan and Rodrigo Duterte, who are not good guys.

Trump earned $73 million from his overseas businesses during his first two years as president, according to the New York Times. About $3 million of that is from Duterte’s Philippines, and about $1 million is from Erdogan’s Turkey.

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Duterte and Erdogan are known for their offenses against human rights and liberal democracy. Duterte has been excoriated for extrajudicial killings, arbitrary imprisoning, and punishment of political dissent. Erdogan has severely restricted free speech and political dissent, locking up critics, and his regime has been accused of torturing or “disappearing” dissidents.

In a 2015 interview with Breitbart News, Trump was asked about Erdogan’s regime in Turkey, and he said, “I have a little conflict of interest because I have a major, major building in Istanbul, and it's a tremendously successful job. It's called Trump Towers — two towers instead of one, not the usual one, it's two. And I've gotten to know Turkey very well, and they are amazing people, they're incredible people, they have a strong leader.”

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Philippines is the 113 least corrupt nation out of 180 countries, according to the 2019 Corruption Perceptions Index reported by Transparency In the long-term, the Philippines Corruption Rank is projected to trend around 117.00 in 2021 and 111.00 in 2022, according to our econometric models.

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Trump is right: This is a conflict of interest. Trump should have unloaded all his foreign business operations upon coming into office, and Congress should have passed a law forcing him to.

Trump personally profits from authoritarian and unreliable regimes. If Trump took actions that upset Erdogan, such as threatening sanctions in response to human rights abuses or getting in the way of Erdogan’s designs on Kurd-controlled regions, he could be harming his own profits by provoking a response from Erdogan or simply by weakening a regime that is friendly to Trump’s business.

It’s crucial to remember that businesses in a place like Turkey are more dependent on the government than are businesses in freer economies such as the United States and the United Kingdom. State-owned banks in Turkey have been propping up businesses, especially tourism.

The worries here apply to the Philippines as well, where Duterte exercises tight control over foreign business operations. He could easily cut off Trump’s businesses if Trump were to upset him.

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with Mr. Trump , while also representing the Philippines in its relationship with the United States and the to criticize the corrupt intermingling of state power with vast business enterprises controlled by the And in Turkey , officials including President Recep Tayyip Erdogan, a religiously conservative

The president shouldn’t be in a position to lose or gain millions depending on the good favor of a foreign leader, and it’s even more corrupt when the foreign leader is himself a corrupt and abusive authoritarian.

Tags: Opinion, Beltway Confidential, Donald Trump, Turkey, Philippines, White House, Recep Tayyip Erdogan, Rodrigo Duterte

Original Author: Timothy P. Carney

Original Location: Trump's millions from Turkey and the Philippines are corrupt

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