Does Trump’s Bond Issues and Truth Social Proves Presidency Is Not Meant for Billionaires?

Price and Robinson discuss the dangers in having a billionaire President, at least one with the values of Trump.

Former President Donald Trump won a legal victory when an appeals court slashed his appellate bond from nearly $500 million to a more manageable (for him) $175 million which he says he can pay. Prior to the reduction rumors were swirling that the former president would seek out money from foreign governments, individuals or corporations who wanted to curry favor with a former and maybe future president. Reports even indicated a large group of billionaires had gathered together to put up the money necessary to cover the bond, essentially giving them power to hold serious leverage over the presumptive Republican nominee for president. At the same time as this news was breaking, Trump’s social media site Truth Social also went public to huge numbers on Wall Street. “Our system was not set up for anyone like Trump to be president.” Says entertainment executive, attorney and producer Warren D. Robinson, “our founding fathers, never envisioned the multitude of ways in which most billionaires make their fortunes today and surely would have put more safeguards in place if they had. Our system was not made for modern day billionaires.” Robinson points out that most of our former presidents did not become wealthy until after they left office or had made their wealth prior but was able to divest their business interests while in office; Something virtually impossible for most modern billionaires, Robinson says, “most billionaires today their wealth is very diversified across a plethora of industries. As president they directly control policies which affect stock prices of businesses they own; they have investments in firms that contract with the government or own property that becomes more attractive when it’s owned by the president. I mean, does anybody really believe Truth Social, with its tiny user base, would be selling anywhere near where it is, if Donald Trump wasn’t the presumptive Republican nominee for president?” Robinson believes that while the system, for now, is broken there isn’t much we can do about it. “Mark my words, now that Trump has done it you will see other billionaires try and buy their way to the white house (Mike Bloomberg already did) and with all the conflict between parties I don’t see any way to put a stop to it.”

According to a statement, “Entertainment executive and producer, Warren D. Robinson believes that when organizations are willing to have open and honest conversations about race and their own bias they can commit to meaningful change. We have seen this recently in the form of Hollywood award shows, particularly, the Grammys and the Academy Awards (Oscars). The Recording Academy and the Academy of Motion Picture Arts and Sciences have both taken concrete steps to diversify their ranks and address inherit biases in their voting processes. As a result we have the most diverse crop of award winners/nominees, respectively, we’ve ever seen. Contrast that with the scandal and production shutdown currently at CBS’s The Talk, which resulted because a co-host was unable to properly engage in a conversation about race, address her own bias and commit to doing better. ‘The key part to every conversation’ Warren says, ‘starts with listening. Listening and hearing are different and if you are unable to listen then you are unable to have a conversation.’

 

“Warren D. Robinson, is an avid and accomplished entertainment executive, motivational speaker, host, life coach and award winning producer who created the wildly popular series, Buried by the Bernards, which is currently streaming on Netflix.

 

“Warren has served as an entertainment consultant, manager and producer, facilitating, appearing and negotiating high powered deals on behalf of his clients in front of such companies as: Warner Brothers, BET, CNN, Freemantle, Best Buy, TV ONE, Netflix, Lifetime, Fox News, WE TV, E!, NBC Universal, Viacom and more. In addition, Warren’s entertainment prowess includes coordinating, partnering and/or producing events for: legendary actress Pam Grier, Taraji P Henson, Gabrielle Union, Vivica A Fox, Soul singer Eddie Levert (of the O’Jays), Comedian Mike Epps, Angie Stone, Flavor Flav, the Indianapolis Colts, Donna Joyner-Richardson, Stephanie Mills, Erykah Badu and Tom Joyner among others. Warren graduated from Indiana University (B.A.-Political Science) and Howard University School Of Law (J.D.).”

Learn more about Warren D. Robinson and his work here.

 

Check out more national news stories here. 

LISTEN TO THE INTERVIEW IN ITS ENTIRETY HERE