The Republicans put the shout in the sky for years for the activities of Joe Biden’s son, Hunter Biden, in Ukraine, when the first was vice president. They unsuccessfully pursued an alleged commission of five million dollars denounced by a confidant who ended up convicted of false testimony. They never managed to demonstrate their accusations. Now, however, shut up while Donald Trump uses his position as president and the White House itself to personally enrich himself and boost his family’s businesses, both in the United States and abroad. Neither conflicts of interest nor ethical considerations are a brake for business man who is also president of the first world power.
Trump’s behavior is not precedents, except his own during his first term, when his Washington hotel benefited from the position occupied by its owner. The impudence is this time much greater, as has been revealed with its Memecointhe Trump cryptoactive. The president himself offered to receive at the White House and invite a “private and intimate dinner” who bought more Trump, enriching his family.
He Memecoin It is an asset without any intrinsic value. It has no assets that support it beyond the price that others are willing to pay for it. The Trump family presents it without more as a kind of collectible. Others Memecoin They have sunk without remedy and the $ Trump was also collapsing after the initial fever until the president offered the 220 higher investors to share a dinner at his Virginia golf club and the first 25 a visit to the White House. The winners have invested more than 170 million dollars for those privileges.
The president chose as a destination for his first international trip (with the exception of the funeral of Pope Francis) three countries of the Middle East in which his family has just closed succulent businesses: Saudi Arabia, Qatar and United Arab Emirates. “This is the corruption tour of President Trump in the Middle East. He is making favors to other nations and, in return, he does not ask for security concessions for the United States, but cash payments for himself. It is not a normal moment and we should not act as if it were,” said the Democratic senator for Connecticut Chris Murphy.
A United Arab Emirates fund agreed to allocate 2,000 million dollars to a Stablecoin (A cryptocurrency referenced to the dollar) in World Liberty Financial, the crypto firm in which Eric Trump, Donald Trump Jr. and Barron Trump participate, in addition to other partners, which the then candidate presented in September from his Mar-A-Lago mansion in Palm Beach (Florida). The agreement involves benefits of tens of millions of dollars for the firm.
In the last year, residential torres have been inaugurated with the Trump brand in Dubai (United Arab Emirates) and Yeda (Saudi Arabia) by the hand of a Saudi partner with state links. In April, a real estate promoter presented a residential and golf luxury tourist complex with the Trump brand in a megaproject of 5.5 billion dollars with state participation in Doha (Qatar), in an act in which Eric Trump, executive vice president of the Trump organization, and a Catarí minister participated. The company of the US president and his family has projects of new towers in Riad (Saudi Arabia) and Abu Dhabi.
In addition, the sovereign funds of United Arab Emirates, Saudi and Qatar Arabia have pledged to contribute more than 3.5 billion dollars to a risk capital fund directed by Jared Kushner, Trump’s son -in -law.
Along with that, the Trump administration is in conversations with the Qatar government to accept a Boeing 747 valued at about 400 million dollars that would serve as a temporary substitute for presidential planes Air Force One From the United States currently in use, which already has more than 40 years, given the delays in the contract that Boeing itself maintains to build two new presidential planes. “Only a stupid would not accept this gift on behalf of our country,” Trump defended despite the fact that his adaptation would cost hundreds of millions of dollars. The idea that the plane was subsequently yielded to the Republican presidential library – a lucky of deposits to conserve historical materials of the presidents in the USA – was managed, so that in practice it would become Trump’s private plane, although the president has then implied that he will not reach so much.
Trump, who is reputed to cheat systematically when he plays golf, welcomed a Liv Golf tournament in his Golf Tournament, the league with Saudi backup. The president, who went to the tournament in full storm for the commercial war, did business by renting the field and hosting the attendees.
The tycoon has reached agreements to receive multimillion -dollar donations for his library by private companies he had sued. The ABC News television network and its star presenter, George Stephanopoulos, agreed to pay Trump 15 million dollars, also destined for the fund for their library, to close a demand for defamation. The social network X, owned by Elon Musk, reached an agreement to compensate the Republican with about 10 million dollars for the closing of his account on the then Twitter after the assault on the Capitol of January 6, 2021, despite the fact that the demand had been dismissed in the first instance. Meta, controlled by Mark Zuckerberg, agreed to pay $ 25 million for having suspended his accounts to the president. Companies prefer to get along with a president of whose decisions they can depend their businesses and who, in their authoritarian drift, are able to punish or reward their whim to rivals and friends.
The funny thing is that the closure of those accounts on Facebook and Twitter ended up generating a gigantic business for the Republican, which founded its own social network, Truth, and reached an agreement to take it with a bag through a Cascarón company. Although the company has barely income and generates strong operational losses, it has a stock market value of about 5,650 million dollars. The 114.75 million shares owned by Trump are valued at about 3,000 million dollars. The main value of the company, with relatively low user figures and audience, is its link to Trump himself, which in its permanent confusion between the public and the private, has made it the privileged communication channel of its ads on any matter, from the tariffs to foreign policy.
Trump family business does not stop. The last one is the start -up of a club in Georgetown (Washington) that will bear the name of Executive Power. It is a place that seems designed to institutionalize influences. To be a member we will have to pay half a million dollars.
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