someoneyouknow
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Money left over from a presidential inauguration is traditionally given away to charity. In some cases parts of it is used to fund repairs or upgrades to the White House, but in the end, whatever is left over is given to charity.
After his inauguration, the con artist said he would continue this tradition. To date, not a single penny has been given to charity. The Associated Press spoke with eight people — vendors, donors and Trump associates — involved in planning and political fundraising for the celebration, an event that provides an early look at the new president's management style and priorities. The people described a chaotic process marked by last-minute decisions, staffing turnover and little financial oversight.
Other people familiar with the committee's activities before and after the inauguration said its efforts were hobbled by a shortage of staff with relevant experience.
The head of the private Presidential Inaugural Committee, Tom Barrack, said a full and complete audit by third parties had been performed, though he refused to provide a copy of the audit or any other information to the Associated Press.
Two Trump associates familiar with efforts to sort out the financing said they were unaware of a completed third-party audit. Three people said the delay in doling out leftover money comes amid ongoing confusion about how much is left after the Jan. 20 celebration.
"The thing about inaugural expenses, they're not complicated," said Steve Kerrigan, head of President Barack Obama's 2013 inaugural committee. "You take money in, you pay it out, and then you know what you're left with when it's done."
Even worse, was the rampant, out-of-control spending done by the Inaugural Committee. Among the head-scratching line-items was the pre-inaugural Lincoln Memorial concert, which came with a $25 million price tag, according to four of the people. Bush's inaugural committee spent $2.5 million on its concert on the National Mall. Obama's concert had 10,000 ticketed seats — twice the size of Trump's — and cost less than $5 million, said Kerrigan, and was produced at a high enough level that HBO paid for the rights to telecast it.
"I couldn't tell you how we possibly could have spent $25 million on a concert," said Kerrigan.
Based on his past history, it should have been clear the con artist had no idea what he is doing with money. His businesses routinely fail, he's had to declare bankruptcy on numerous occasions, had to get a loan from George Soros to prevent another bankruptcy, and has bragged he's the King of Debt.
How any of that should translate into a comprehensive, systematic accounting of private money given to him is a mystery. That he has so far refused to turn over any leftover money to charity, eight months after pledging to do so, should also not be a surprise. After all, this is the same person who used his "foundation" to illegally pay his legal bills, illegally pay for his personal bills, and illegally buy himself gifts. And this doesn't take into account the times he's said he'd given money to charity or for one of his golf tournaments only to turn around and not give the money he said he would.
https://www.cbsnews.com/news/despite-pledge-trump-inaugural-fund-has-yet-to-donate-to-charity/
After his inauguration, the con artist said he would continue this tradition. To date, not a single penny has been given to charity. The Associated Press spoke with eight people — vendors, donors and Trump associates — involved in planning and political fundraising for the celebration, an event that provides an early look at the new president's management style and priorities. The people described a chaotic process marked by last-minute decisions, staffing turnover and little financial oversight.
Other people familiar with the committee's activities before and after the inauguration said its efforts were hobbled by a shortage of staff with relevant experience.
The head of the private Presidential Inaugural Committee, Tom Barrack, said a full and complete audit by third parties had been performed, though he refused to provide a copy of the audit or any other information to the Associated Press.
Two Trump associates familiar with efforts to sort out the financing said they were unaware of a completed third-party audit. Three people said the delay in doling out leftover money comes amid ongoing confusion about how much is left after the Jan. 20 celebration.
"The thing about inaugural expenses, they're not complicated," said Steve Kerrigan, head of President Barack Obama's 2013 inaugural committee. "You take money in, you pay it out, and then you know what you're left with when it's done."
Even worse, was the rampant, out-of-control spending done by the Inaugural Committee. Among the head-scratching line-items was the pre-inaugural Lincoln Memorial concert, which came with a $25 million price tag, according to four of the people. Bush's inaugural committee spent $2.5 million on its concert on the National Mall. Obama's concert had 10,000 ticketed seats — twice the size of Trump's — and cost less than $5 million, said Kerrigan, and was produced at a high enough level that HBO paid for the rights to telecast it.
"I couldn't tell you how we possibly could have spent $25 million on a concert," said Kerrigan.
Based on his past history, it should have been clear the con artist had no idea what he is doing with money. His businesses routinely fail, he's had to declare bankruptcy on numerous occasions, had to get a loan from George Soros to prevent another bankruptcy, and has bragged he's the King of Debt.
How any of that should translate into a comprehensive, systematic accounting of private money given to him is a mystery. That he has so far refused to turn over any leftover money to charity, eight months after pledging to do so, should also not be a surprise. After all, this is the same person who used his "foundation" to illegally pay his legal bills, illegally pay for his personal bills, and illegally buy himself gifts. And this doesn't take into account the times he's said he'd given money to charity or for one of his golf tournaments only to turn around and not give the money he said he would.
https://www.cbsnews.com/news/despite-pledge-trump-inaugural-fund-has-yet-to-donate-to-charity/