How To Catch A Kleptocrat | The Odyssey Online
Start writing a post
Politics

How To Catch A Kleptocrat

Quite possibly with a dollar bill and a fishing pole.

22
How To Catch A Kleptocrat
Time

According to the Oxford English Dictionary, a kleptocrat is "A thief in a position of political power; a greedy or corrupt politician." First appearing in 1968, the term has usually been attributed to more corrupt governments typically in developing nations, nowadays we have our own stereotypical image of the American politician and kleptocracy, although, they should be (and usually are) able to resist this tendency.

"Kleptocracy” and “kleptocrat” have become buzzwords for this Presidential transition and have seen a recent surge in news reports. Over the past three decades, the words “kleptocracy” and “kleptocrat” appeared in the news fewer than 1,000 times. In just the past three months, one or the other has appeared over 1,000 times. Why bring this up now? We have an unprecedented possibility of kleptocracy in the United States. Donald Trump is, intentionally or unintentionally, entangling his business with the office of the Presidency. Again, his intents are unknown, but there's is a possibility of using his position for financial gain in his enterprises that are hard to ignore.

Just last week he announced that he would not be selling his global hotel chain, and will continue to accept reservations paid for by foreign governments and donate those profits to the U.S. Treasury. All previous presidents in the modern era have sold their business interests before they assumed the office. But Trump thinks he has discovered a loophole: He will “donate all profits from foreign government payments made to his hotels to the United States Treasury,” his outside-the-Oval lawyer Sheri Dillon announced at a press conference on January 11.

The plan itself is flawed in that the hotels would still keep over 85 cents of every dollar foreign governments may spend there, the rest being donated to the Treasury Department, a tax-deductible contribution that ultimately benefits his business. This conflict of interest is not a non-issue, many foreign dignitaries may view staying at his hotel as a courtesy, making the problem cyclical.

The emoluments clause of the U.S. Constitution prohibits anyone “holding any Office” from accepting “any present, emolument, office, or title, of any kind” from “a foreign state.” Furthermore, it prohibits the “acceptance” of gifts or emoluments from foreign governments. Rather than maintaining a safe distance from his business prospects, he has placed them in his own backyard, which happens to be on 1600 Pennsylvania Avenue.

As explained in a recent New York Times piece, Trump's business ties could complicate the initiatives to stop kleptocratic behavior in other countries, quoting one nonprofit leader (a nonprofit that monitors corruption in Africa, no less) as saying “it’s a perfect scenario for kleptocrats in Africa to point to someone in the White House. They will compare themselves to Donald Trump.”

“Kleptocrat” and “kleptocracy” have been popping up in more articles as the country gears up for inauguration day, but both words should be used carefully when referring to nations or leaders who are not facing more formal accusations. As a brief disclaimer: opinion columns can get away with using those buzzwords, and I can't speak for the intentions of PEOTUS, nor do I claim to know them. But the repercussions of this issue is a reality we all have to face. “Innocent until proven guilty” applies to thieves big and small, even those in the spotlight.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Kardashians
W Magazine

Whether you love them or hate them, it's undeniable the Kardashian/ Jenner family has built an enormous business empire. Ranging from apps, fashion lines, boutiques, beauty products, books, television shows, etc. this bunch has shown they are insane business moguls. Here are seven reasons why the Kardashian/ Jenner family should be applauded for their intelligent business tactics.

Keep Reading...Show less
friends
Photo by Elizeu Dias on Unsplash

If I have learned one thing in my lifetime, it is that friends are a privilege. No one is required to give you their company and yet there is some sort of shared connection that keeps you together. And from that friendship, you may even find yourself lucky enough to have a few more friends, thus forming a group. Here are just a few signs that prove your current friend group is the ultimate friend group.

Keep Reading...Show less
ross and monica
FanPop

When it comes to television, there’s very few sets of on-screen siblings that a lot of us can relate to. Only those who have grown up with siblings knows what it feels like to fight, prank, and love a sibling. Ross and Monica Geller were definitely overbearing and overshared some things through the series of "Friends," but they captured perfectly what real siblings feel in real life. Some of their antics were funny, some were a little weird but all of them are completely relatable to brothers and sisters everywhere.

Keep Reading...Show less
Lifestyle

11 Types Of Sorority Girls

Who really makes up your chapter...

2891
Sorority Girls
Owl Eyes Magazine

College is a great place to meet people, especially through Greek life. If you look closely at sororities, you'll quickly see there are many different types of girls you will meet.

1. The Legacy.

Her sister was a member, her mom was a member, all of her aunts were members, and her grandma was a member. She has been waiting her whole life to wear these letters and cried hysterically on bid day. Although she can act entitled at times, you can bet she is one of the most enthusiastic sisters.

Keep Reading...Show less
Lifestyle

10 Reasons Why Life Is Better In The Summertime

Winter blues got you down? Summer is just around the corner!

2469
coconut tree near shore within mountain range
Photo by Elizeu Dias on Unsplash

Every kid in college and/or high school dreams of summer the moment they walk through the door on the first day back in September. It becomes harder and harder to focus in classes and while doing assignments as the days get closer. The winter has been lagging, the days are short and dark, and no one is quite themselves due to lack of energy and sunlight. Let's face it: life is ten times better in the summertime.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments