The History of Presidential Grift
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Everyone knows that Donald Trump is the Grifter-in-Chief. Earlier this month, the president and his family raked in approximately $5 billion from meme coins, stablecoins and tokens. His businesses skimmed about $2.5 billion in profits from politically-connected real estate deals during his first term. People eager to suck up to the leader of the free world are paying tens of millions to join Mar-a-Lago and stay at his hotels. Trump’s shares in his social-media outfit Truth Social are worth $2 billion—value that would instantly go poof were he no longer president. And there’s still time for him to partner with Israel to develop post-genocide Gaza. As with his tariffs, deportations and suppression of dissent, it’s important to point out that, while Trump’s unseemly pigging out at the capitalist trough is rightfully shocking, it is not new. Many of his predecessors paved the corruption-paved road on which Trump is profiteering, but very little was done to stop it from happening again.…
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