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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums'Unbridled looting': How the Trump family is raking in billions -- while no one is watching
National Memo editor Joe Conason says President Donald Trump glommed approximately $1.6 billion in revenue and income during his first four years. Six months into his second, he and his family are grabbing billions alreadyand by the time hes done, he may make off with tens of billions.
In his New Republic piece, Conason ticks down a long list of Trumps despot-style self-enrichment schemes, proving again an old truism that applies to authoritarian regimes throughout history. Sure, they curtail civil liberties, target alleged enemies of the state and repress disfavored groups. But, most of all, they enrich themselves and their families.
In his second term, the notorious creator of Trump University has announced several business partnerships with overseas corporations, some with ties to Middle East governments the U.S. is currently in talks with, Conason said. Theres a new Trump Organization golf course and luxury tower in Qatar, announced just prior to Trumps official visit. But this, Conason says, is merely one of 19 such deals in the works in coming months.
The Trump Organization is also building a Trump resort on the coast of Oman, working directly with the Oman government and a contractor with ties to the Saudi government. Similarly, Trump also partnered with the Saudi Public Investment Fund in the LIV Golf Tour and tournament, which brings considerable revenue to his Doral resort in South Florida.
In his New Republic piece, Conason ticks down a long list of Trumps despot-style self-enrichment schemes, proving again an old truism that applies to authoritarian regimes throughout history. Sure, they curtail civil liberties, target alleged enemies of the state and repress disfavored groups. But, most of all, they enrich themselves and their families.
In his second term, the notorious creator of Trump University has announced several business partnerships with overseas corporations, some with ties to Middle East governments the U.S. is currently in talks with, Conason said. Theres a new Trump Organization golf course and luxury tower in Qatar, announced just prior to Trumps official visit. But this, Conason says, is merely one of 19 such deals in the works in coming months.
The Trump Organization is also building a Trump resort on the coast of Oman, working directly with the Oman government and a contractor with ties to the Saudi government. Similarly, Trump also partnered with the Saudi Public Investment Fund in the LIV Golf Tour and tournament, which brings considerable revenue to his Doral resort in South Florida.
https://www.alternet.org/smartnews/trump-family-grifting/
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'Unbridled looting': How the Trump family is raking in billions -- while no one is watching (Original Post)
justaprogressive
Jun 2025
OP
Silent Type
(12,412 posts)1. One good outcome is that much of trump's grifts come from ignorant trumpsters. I'm OK with those.
Wingus Dingus
(9,173 posts)2. MAGA sez: "FAKE NEWS!! HUNTER BIDEN SOMETHING SOMETHING BURISMA!!!
NANCY PELOSI STOCKS!!! HE'S TOO RICH HE CAN'T BE BOUGHT, BLARRGHLFLARGHL!!!" They know he's taken corruption and self-enrichment to legendary Russian Oligarch/Putin levels, but they're OK with that.
EarthAbides
(425 posts)3. Everyone is watching...
No one is stopping him....