Sunday, November 25, 2018

President Trump's November 7, 2018 Press Conference



https://www.c-span.org/video/?c4762041/president-trumps-november-7-2018-press-conferencee

THE PRESIDENT EXPLAINS WHY HE CANNOT RELEASE HIS TAX RETURNS EVEN IF SUBPOENAED BY A DEMOCRAT CONTROLLED HOUSE INVESTIGATION COMMITTEE.

Trigger event warning: Do not watch if:

1. You have a hypersensitivity to lies, liars and lying;

2. If you believe it is rude to burst out with uncontrollable laughter while the President of the United States of America is speaking;

3. If you are too stupid to understand something "...extremely complex...done by among the biggest and best law firms in the country, with the accounting firms.  The accountants are very, very large powerful firms from the standpoint of respect and how they are respected.  Big Firm. A Great Law Firm.  You know it very well.  They do these things, they put them in.  But people don't understand tax returns.  I didn't do a filing of over 100 pages, I believe, which I believe is in the offices.  When people went and saw that file and saw the magnitude of it, they were very disappointed."

Full Transcript of linked excerpt:

Donald J. Trump
"Okay? Thank you.Wow, this is -Go ahead, Jon. He gave me a fair interview the other day, so I might as well ask him a question."

Q
"All right, thank you, Mr. President. And picking up there, you told me the other day that you are an 'open book.' So -"

Donald J. Trump
"I think I am an open book."

Q
"So point blank, if Democrats go after your tax returns, will you try to block that or will you allow them to have it?"

Donald J. Trump:
"Well, look, as I have told you, they're under audit. They have been for a long time. They're extremely complex. People wouldn't understand them. They're done by among the biggest and best law firms in the country. Same thing with the accounting firms. The accountants are - a very, very larger, powerful firm, from the standpoint of respect. Highly respected. Big firm. A great law firm. You know it very well. They do these things; they put them in. But people don't understand tax returns.Now, I did do a filing of over 100 pages, I believe, which is in the offices. And when people went and saw that filing and they saw the magnitude of it, they were very disappointed. And they saw the - you know, the detail. You'd get far more from that. And I guess we filed that now three times. But you get far more from that than you could ever get from a tax return.But when you're under audit - and I'm on under very continuous audit because there are so many companies, and it is a very big company - far bigger than you would even understand. But it's a great company, but it's big and it's complex. And it's probably feet high. It's a very complex instrument.And I think that people wouldn't understand it. But if I were finished with the audit, I would have an open mind to it. I would say that. But I don't want to do it during the audit. And, really, no lawyer - even from the other side, they say often - not always - but when you're under audit, you don't have - you don't subject it to that. You get it done, and then you release it.So when that happens, if that happens, I would certainly have an open mind to it."