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Friday, December 5, 2025

The Trump Presidency’s World-Historical Heist (shared)

The Trump Presidency’s World-Historical Heist

He is taking self-enrichment to a scale never seen before in America.

By David Frum, The Atlantic 

During his first presidency, Donald Trump collected millions of dollars of other people’s money. He charged the taxpayer nearly $2 million to protect him during the hundreds of times he visited his own properties. He accepted millions of dollars of campaign-related funds from Republican candidates who sought his favor. His businesses collected at least $13 million from foreign governments over his first term in office.

When it was all over, Trump apparently decided he had been thinking too small. In his first term, he made improper millions. In his second term, he is reaching for billions: a $2 billion investment by a United Arab Emirates state-owned enterprise in the Binance crypto exchange using the Trump family’s stablecoin asset. An unknown number of billions placed by Qatar in a Trump-family real-estate development in that emirate, topped by the gift of a 747 luxury jet for the president’s personal use in office and afterward…

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