In his first mandate, Donald Trump made a descent to the United States in a way that no president never had:
He stayed in his own hotels, so the secret services should pay him to protect him.
The leaders of the foreign nations, who came to Washington, DC, knew that they had to book rooms and events in his hotel to become a service or an audience. In fact, when Trump unexpectedly won the presidency in 2016, many rushed to return to his town hall at his hotel in Washington.
In addition, members of the Republican Party and elected officials made the same measures as a sign of loyalty: they paid financial tribute to Trump, hoping for favors or appointments, or even forgiveness. When Trump sold the hotel, the GOP reservations were dried up.
And in the second mandate, corruption was even more insidious: Trump increased the richness of his family and family by around 3 billion dollars with cryptographic regimes, offers of social media actions, foreign real estate transactions and more.
Even the best influencers of Maga – many who are also supporters of cryptography – applauded the daring lever for the presidency of Trump for his own wealth and to further reimburse the bank accounts of the members of the billionaire firm (with an alleged manipulation of the market) and advisor Elon Musk (with government contracts).
Others said they felt betrayed.
But the main thing is: they all know that Trump grifts in large.
This is why a democratic activist said that the Americans should be “an idiot” to believe that the last ridiculous lie of the press secretary Karoline Leavitt:
“I think it is frankly ridiculous that anyone in this room even suggests that President Trump does anything for his own advantage,” she said on Friday. “He left a luxury life and a life of management of a very successful real estate empire for the public service … He is a president who really lost money to be president.”
As the former GOP advisor, David Frum, said, “… he looks like his second term, thought (Trump), You know, if I ever have another chance, this time, I will think big. And it seems that, thanks to its various mysterious Crypto companies, hundreds of millions of dollars, if not more, move from all kinds of people everywhere on the planet and his family. And once again, it’s dark. It cannot be very precise, but it seems to be much more money than in the first mandate has already taken its hands in the second. “”
The Podcast partner of FRUM, Anne Applebaum, an authoritarian expert, sounded as she explained how Trump exploits “the most corrupt presidency in American history”, stressing four areas where Trump uses the government to get richer, his family and his friends:
– violations of the Emoluments of the Constitution clause, which says that a president cannot benefit from relations with foreigners. Trump concludes real estate agreements and organizes Saudi golf tournaments, to name only two examples.
– By putting Musk in charge of the federal government, Trump creates conflicts of interest that will align his pockets or those of his supporters, like Musk, who will direct contracts and money for himself. Musk gave more than $ 250 million to Trump’s campaign.
– By installing loyalists in the Ministry of Justice, Trump deletes any chance that alleged corruption is the subject of an investigation.
– He engages in direct corruption with the creation of his cryptographic company, World Liberty Financial, which allows people to secretly give him money.
According to Wired, business leaders pay up to $ 5 million to meet individuals with the president of his Florida complex, Wired sources said, while others pay 1 to 1.5 million dollars each for dinner with him in a group.
The evidence shows that the idea that Trump – whose wealth has dropped when he was not depending on 2020 to 2024 – sacrificed financially to be president is absurd.
Zack Guzmán, crypto journalist and Coinage founder, said that if some founders and cryptographic investors remain optimistic about Trump’s presidency, there are already remorse of the buyer.
“When he spoke about the campaign campaign to make the United States the world capital of cryptography, was it just Trump trying to make money for himself and his family?” Said Guzmán. “It is really fair to say that the latter has been his priority so far.”
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