Ellington

On Twitter, President-elect Donald Trump wrote: "Prior to the election it was well known that I have interests in properties all over the world. Only the crooked media makes this a big deal!"

Why it stinks: Trump's business interests around the globe are actually a big deal, for several reasons. First, he promised on the campaign trail to operate those businesses via a blind trust, but now that doesn't seem to be his plan. Second, the Emoluments Clause of the U.S. Constitution signals why the media are exploring Trump's business ventures. "No title of nobility shall be granted by the U.S., and no person holding any office of profit or trust under then, shall, without the consent of Congress, accept of any emolument, office, or title...," the clause says. Trump's international business ventures launch U.S. politics into uncharted ethical waters, whether he likes to admit it or not.