Donald Trump’s use of his second presidency to grow his personal fortune has alarmed legal and ethics experts and congressional Democrats as he has reaped an “unprecedented” $2.2bn in 2025 revenues by amassing big cryptocurrency holdings, benefiting from wealthy foreign interests, expanding his Truth Social business and more, while federal oversight of his actions has waned.
Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.
Monetizing his presidency further this summer, Trump’s Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 a month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues.
This is some of why at least some Americans probably wish the Iran plot succeeded
He has set the precedent that presidents and their families can not only continue to run businesses while in office, but make governing decisions that lead to profit for those businesses. Oh, and getting payments for advertisements from the Resolute desk, and putting up paid advertisements on government property. Oh, and punish federal funding to states, companies, Universities, etc. for not following his executive orders, which are not laws, but are being treated as such.
The only way to remedy this, I figure, is to have a democrat in office do every. single. thing. he is doing in office, until each thing has a law created by the other branches of government to make it illegal going forward.
If you think Ritchie Torres, Elissa Slotkin, and Pete Buttigieg are going to save the county, you’re going to be very disappointed.
They’re saying that no one will make a law against a Republican, but Republicans may make laws against Democrats. Of course, that also won’t happen if it means the GOP can continue to score bitching points with their base while also profitting, but still.
The joke of the last 30 years has been the GOP crying “The media is against us!” through louder and larger corporate media megaphones with every passing election cycle.
But the punchline is that bitching about the media being mean is now a central function of federal government. Nothing fucking works because all the top leadership positions are occupied by professional whiners.
Pete absolutely would.
Nope. I believe a remedy is not coming and we are COOKED.
Yeah, but Bernie sanders, hunter Biden and Abdul El-Sayed will
Either I’m confused or perhaps you are. Bernie Sanders, while he happily had my vote a while back, is far past the need to retire. Hunter isn’t running for politics, and El-Sayed is behind in the polls. How are any of these people supposed to help?
I believe he won his primary
Right. Behind in the polls against the Republican candidate.
Talk to me about general election polling in October, when people are actually beginning to vote.
GOP Nominee Mike Rogers ran uncontested with near-zero negative press coverage, and he’s still in a dead heat. Voters “certain to vote” favor El-Sayed by the same margin voters “likely to vote” favor Rogers. So it’s functionally a toss-up.
:-|
Trump is just the most corrupt president since Lyndon Johnson.