[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Sign-in] [Mail] [Setup] [Help]
Status: Not Logged In; Sign In
National News See other National News Articles Title: BRAGG’S CASE AGAINST PRESIDENT TRUMP IS TOTAL BS BECAUSE ITS ACCOUNTING PREMISES ARE MORONIC The case against President Trump in New York is based on false premises that prove that the prosecutors have no idea how accounting works. At one point in my corporate career, I oversaw the financial reporting on multimillion and billion-dollar blocks of business for a US Fortune 500 corporation. I was able to do this in part because of my education and designations (including an MBA, CPA, etc
) and thanks to my experience in the industry. When I look over the case against President Trump coming out of New York I am appalled that it ever made it to the courtroom. The Bragg case is based on accounting activities that the state of New York says are crimes. As you will see below, these activities are not crimes and they dont even make sense. 1. The indictment is BS for many reasons but one of the major reasons surrounds the timing of the activities claimed to be crimes in the indictment. The activities for which President Trump is charged all occurred after President Trump handed his multi-billion dollar organization over to the control of his sons. President Trump was not running his companies at the time of these events. He had handed over control of these operations to his sons. 2. None of these activities are crimes in the first place which is why Bragg never lists any crimes. What a crock. The idea that President Trump, the head of a multi-billion dollar entity had anything to do with the accounting entries in his organization is lunacy. He never did and never will have anything to do with accounting entries in his organization. Thats what accountants are for. President Trump is not an accountant and the Soros-backed and Obama/Biden-connected attorneys behind this case are not objective and fair-minded prosecutors and they certainly arent accountants either. The indictment doesnt even say what the crimes are because there are none. (Note that Twitter will not allow me to embed this tweet). 3. Even if President Trump was running his companies at the time that these accounting entries were reportedly performed, he almost certainly had nothing to do with them in the first place. I base this on my own experience overseeing the financial reporting for a billion-dollar block of business. I never discussed any accounting entries with the companys CEO. For that matter, I discussed results but never discussed accounting entries with our corporate CFO either. As a matter of fact, I never made entries into the ledger myself. I had hundreds of individuals around the globe who made these entries. My bet is that President Trump never made and caused a false entry into the books of his company because he never made an entry in the books of his company. He, like me and the CEO of the Fortune 500 company I worked for, never made accounting entries. You can bet that President Trump never made an accounting entry in his life. Post Comment Private Reply Ignore Thread
|
||
[Home]
[Headlines]
[Latest Articles]
[Latest Comments]
[Post]
[Sign-in]
[Mail]
[Setup]
[Help]
|