Trump's grade for monetizing his presidency: A+

5,441 Views | 78 Replies | Last: 22 hrs ago by bearister
bearister
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Eric Trump looking at a model of a planned Trump project with officials in Doha, Qatar, on Wednesday.Credit...Bassam Masoud/Reuters

"The Trump Organization has agreed to a new Middle East golf course and real estate deal that involves a Qatari government-owned firm, two weeks before President Trump is set to travel to Saudi Arabia, Qatar and the United Arab Emirates on a state visit.

Eric Trump, the president's son who runs the family business, traveled to the Middle East this week to attend a cryptocurrency conference and promote the company's real estate developments, which include a separate Trump-branded tower in Dubai, the largest city in the Emirates.

In Oman, the Trump family has partnered on a Dar Global hotel and golf project that is being built on state-owned land, and the government will get a share of the revenues generated, according to company documents. In Serbia, the Trump family is planning a new hotel in collaboration with Jared Kushner, Mr. Trump's son-in-law.

the Trump Organization has accelerated its international real estate deal-making in the months since the elder Mr. Trump was re-elected, including a new development in Vietnam.

Dubai, where a new 80-story Trump International Hotel and Tower will overlook the world's tallest skyscraper, is a "developer's playground," Eric Trump said in an interview on Tuesday with CNBC.
"We're going to come in here and build a crown jewel and everybody is going to know, that's Trump International Hotel and Tower," he said. "That's Trump."

The project will also allow purchasers to use cryptocurrency to buy properties, he said at a Dar Global event in Dubai this week. World Liberty Financial, the Trump family's cryptocurrency firm, has recently negotiated deals with firms in the region. These include the Emirates-based DWF Labs, which recently became one of the largest known holders of the World Liberty token after investing $25 million in the firm."

NYT
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bearister
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Trump's Quest for Crypto Riches Is a Constitutional Scandal Waiting to Happen | WIRED


https://www.wired.com/story/trumps-quest-for-crypto-riches-is-a-constitutional-scandal-waiting-to-happen/

The largest investors in Donald Trump's crypto coin have been promised a private audience with the president. The arrangement could put Trump at odds with the Constitution and add fuel to calls for his impeachment, experts say."

In other news…….


"Sitting in front of a packed auditorium in Dubai, a founder of the Trump family cryptocurrency business made a brief but monumental announcement on Thursday. A fund backed by Abu Dhabi, he said, would be making a $2 billion business deal using the Trump firm's digital coins.

That transaction would be a major contribution by a foreign government to President Trump's private venture…… one that stands to generate hundreds of millions of dollars for the Trump family. And it is a public and vivid illustration of the ethical conflicts swirling around Mr. Trump's crypto firm, which has blurred the boundary between business and government."
https://archive.is/2025.05.01-164245/https://www.nytimes.com/2025/05/01/us/politics/trump-cryptocurrency-usd1-dubai-conference-announcement.html
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bearister
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"President Trump warned American families this week that they may have to make do with fewer, and more expensive, holiday toys.*

But for Trump's own inner circle, a veritable Golden Age is well underway.

Why it matters: Trump's family has enjoyed a historically lucrative first 100 days, leveraging its proximity to power,and raking in billions, through a flood of ethically murky business ventures.

Most presidents try to avoid even the appearance of using the office or public policy for personal enrichment.

But Trump has blended official power and personal business in unprecedented ways, and often in plain sight.

What's happening: Trump, his sons and their associates have launched a wave of high-dollar projects monetizing their proximity to the most powerful government in the world.

World Liberty Financial: The Trump-backed crypto venture, where founders include Trump envoy Steve Witkoff and his sons, has raised more than $550 million by selling tokens to buyers around the world. Trump himself serves as the company's "chief crypto advocate," while his administration pursues policies, including a federal crypto reserve, that have boosted the value of assets held by the firm.

OFFICIAL TRUMP: The president's meme coin surged more than 60% last week after its website advertised an "intimate private dinner" with Trump for the top 220 coin-holders, plus a "special VIP" reception and White House tour for the top 25. The website later scrubbed references to the "White House."

The Executive Branch: Donald Trump Jr. and his business partners, including Witkoff's sons, Zach and Alex ,are launching an exclusive D.C. club with a $500,000 membership fee, pitched as a private hangout for donors and business moguls to rub shoulders with top Trump officials.

Foreign deals: At least 19 foreign Trump-branded projects will be in development over the next four years, according to ethics watchdog CREW. Just this week, the Trump Organization announced a deal to build a luxury golf resort in Qatar. Trump, whose first foreign visit will be to Saudi Arabia, also hosted a Saudi-backed LIV golf tournament at his Doral club in Florida last month.

Merchandise: The Trump Organization is selling "Trump 2028" hats, a nod to the president's musings about an unconstitutional third term. Trump hawked Bibles, sneakers, perfume and trading cards during the 2024 campaign, and his political operation continues to rely on MAGA merchandise to raise funds.

Corporate boards: Dominari Holdings, a small public financial services company with headquarters in New York's Trump Tower, saw its stock price surge more than 1,200% in about six weeks after Trump Jr. and Eric Trump joined its advisory board and took equity stakes worth millions.Trump Jr. also has been named to the board of a digital firearms retailer, called GrabAGun, that's due to go public this summer."

Axios

*
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bearister
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Trump's family has enjoyed a historically lucrative first 100 days, leveraging its proximity to power,and raking in billions, through a flood of ethically murky business ventures.


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DiabloWags
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Yes, Trump admitted that the tariffs will most likely impact toys coming in from China ... and that kids would have to make due with "2 dolls instead of 30 dolls"
bearister
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DiabloWags said:

Yes, Trump admitted that the tariffs will most likely impact toys coming in from China ... and that kids would have to make due with "2 dolls instead of 30 dolls"



His supporters will feel pain while the Trumps get gain.
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going4roses
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Smh
How (are) you gonna win when you ain’t right within…
DiabloWags
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bearister said:

DiabloWags said:

Yes, Trump admitted that the tariffs will most likely impact toys coming in from China ... and that kids would have to make due with "2 dolls instead of 30 dolls"



His supporters will feel pain while the Trumps get gain.

How are those "God Bless the USA" Trump Bibles doing that he had made in China?
Is there a 145% tariff on those too?

Eastern Oregon Bear
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58 crypto wallets have made millions on Trump's meme coin. 764,000 crypto wallets have lost money. Count me not surprised.

https://CNBC.com/2025/05/06/trump-meme-coin-crypto.html
Big C
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When tariffs are suddenly imposed or lifted, it's pretty easy to figure out how the stock market is going to react.

Hmmm...
graguna
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DiabloWags said:

Yes, Trump admitted that the tariffs will most likely impact toys coming in from China ... and that kids would have to make due with "2 dolls instead of 30 dolls"

how long before MAGA starts burning dolls in support
bearister
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bearister
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Photo illustration: Sarah Grillo/Axios. Photo: Anna Moneymaker/Getty Images
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DiabloWags
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Democrats launch offensive on Trump's connections to crypto industry

Two of the cryptocurrency investments owned by Trump-affiliated entities have made at least $300 million in trading fees alone on sales of his meme coin and other digital currency since January.

In late April, a company affiliated with Trump promoted the $TRUMP meme coin by offering an "intimate private dinner" with the president at his northern Virginia golf club, after which the coin's value grew as much as 80%.
chazzed
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Accepting the airplane from Qatar would be a solid act of monetization.


bearister
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bearister
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There is enough out there for everybody to get their beaks wet:

They stormed the Capitol. Now they're selling merch.


https://www.washingtonpost.com/technology/2025/05/14/jan-6-influencers/
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oski003
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bearister said:

There is enough out there for everybody to get their beaks wet:

They stormed the Capitol. Now they're selling merch.


https://www.washingtonpost.com/technology/2025/05/14/jan-6-influencers/


Yawn.
chazzed
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A good indication of how far we have fallen, thanks to the GOP.


bearister
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oski003 said:

bearister said:

There is enough out there for everybody to get their beaks wet:

They stormed the Capitol. Now they're selling merch.


https://www.washingtonpost.com/technology/2025/05/14/jan-6-influencers/


Yawn.


Many of those guys selling merch would have been " good shoots" by the cops. They are very lucky fellers.
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Eastern Oregon Bear
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bearister said:


Looks like Trump beat Donald as I would have expected. 92 points! High scoring game. Not much defense, I guess.
DiabloWags
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1.) Sovereign or royal funds from the UAE, Saudi Arabia and Qatar "have committed more than $3.5 Billion to a private equity fund run by Jared Kushner, Trump's son in law.


2.) State backed funds from Qatar and the UAE were major investors in a $6 Billion fundraising round for Elon Musk's xAI.

3.) A UAE fund invested $2 Billion in a Trump-affiliated crypto firm.
Next week, he will be holding a gala dinner at his golf club in Virginia for the top 220 holders of his meme coin $TRUMP.

4.) Huge Trump branded apartment towers are going up in Saudi Arabia.

5.) An 18-hole golf course is going up in a partnership between Qatar and the Trump Organization.

6.) And then there is the $400 million personal "gift" from Qatar, a brand new Air Force One.

The Trumpanzees here are terribly gullible and just plain stupid.
Either that, or they have no ethics or integrity.




bearister
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The poor man feels entitled to a little graft after being victimized by Lawfare.
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Eastern Oregon Bear
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DiabloWags said:

1.) Sovereign or royal funds from the UAE, Saudi Arabia and Qatar "have committed more than $3.5 Billion to a private equity fund run by Jared Kushner, Trump's son in law.


2.) State backed funds from Qatar and the UAE were major investors in a $6 Billion fundraising round for Elon Musk's xAI.

3.) A UAE fund invested $2 Billion in a Trump-affiliated crypto firm.
Next week, he will be holding a gala dinner at his golf club in Virginia for the top 220 holders of his meme coin $TRUMP.

4.) Huge Trump branded apartment towers are going up in Saudi Arabia.

5.) An 18-hole golf course is going up in a partnership between Qatar and the Trump Organization.

6.) And then there is the $400 million personal "gift" from Qatar, a brand new Air Force One.

The Trumpanzees here are terribly gullible and just plain stupid.
Either that, or they have no ethics or integrity.
Meanwhile, if I, as a government employee, accepted a gift worth $30, I'd be in serious hot water.
chazzed
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It's neverending.

Eastern Oregon Bear
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chazzed said:

It's neverending.


When you wear a Trump watch, it's always too late.
bearister
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When you even lose Tucker…..

https://mol.im/a/14737505
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bearister
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Donald Trump crypto dinner spurs concerns about ethics of $TRUMP


https://www.usatoday.com/story/news/politics/2025/05/22/trump-crypto-dinner-ethics-meme-coin/83787117007/

"WASHINGTON President Donald Trump dined with 220 investors who plowed a combined $148 million into his crypto venture, boosting the growing crypto industry and inviting a torrent of criticism about the ethical implications.

Black-tie dinners with the wealthy are nothing new for Trump. But this event, which took place on the evening of May 22 at his golf club in Sterling, Virginia, stood out among the annals of presidential dining.

The dinner with the president was a reward for making the leaderboard in a contest to be among the top purchasers of the $TRUMP meme coin, a type of cryptocurrency. The top 25 buyers spent more than $111 million and were granted a private VIP reception with Trump, while the top four also received a limited edition Trump Tourbillon watch that sells for $100,000."

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Trump Profits Like No Other President, as Outrage Is Muted - The New York Times


https://archive.is/2025.05.25-101335/https://www.nytimes.com/2025/05/25/us/politics/trump-money-plane-crypto.html

"When Hillary Clinton was first lady, a furor erupted over reports that she had once made $100,000 from a $1,000 investment in cattle futures. Even though it had happened a dozen years before her husband became president, it became a scandal that lasted weeks and forced the White House to initiate a review.
Thirty-one years later, after dinner at Mar-a-Lago, Jeff Bezos agreed to finance a promotional film about Melania Trump that will reportedly put $28 million directly in her pocket 280 times the Clinton lucre and in this case from a person with a vested interest in policies set by her husband's government. Scandal? Furor? Washington moved on while barely taking notice.*

The scale and the scope of the presidential mercantilism has been breathtaking. The Trump family and its business partners have collected $320 million in fees from a new cryptocurrency, brokered overseas real estate deals worth billions of dollars and is opening an exclusive club in Washington called the Executive Branch charging $500,000 apiece to join, all in the past few months alone."


*The MAGA equivalent to the TDS Defense with regad to this matter is the Whataboutism Defense.

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bearister
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Trump Mobile: President's Company Unveils 5G Wireless Service


https://variety.com/2025/biz/news/trump-mobile-wireless-phone-service-launch-1236431690/

"President Trump and his family are getting into the wireless business, in partnership with the three major U.S. carriers.

The Trump Organization on Monday announced Trump Mobile, which will offer 5G service with an unlimited plan priced at $47.45 per month. The new venture joins the lineup of the company's other businesses, which span luxury hotels, golf clubs, casinos, retail and and other real estate properties. The president's two oldest sons, Donald Trump Jr. and Eric Trump, made the announcement at a press conference at Trump Tower in Manhattan."

*I have always been very impressed that Trump waived his POTUS salary.

*If you are a Trump Mobile customer can you pay a premium to participate in classified phone discussions and texts with the Cabinet? Asking for a friend, Big C.
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bearister
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Trump Mobile's T1 is made in China


https://appleinsider.com/articles/25/06/16/trump-mobile-will-take-on-iphone-17-in-september-with-a-made-in-us-gold-smartphone
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DiabloWags
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#busted

So much for claiming "MADE IN THE USA"



The Trump Organization quietly rescinds 'built in the U.S.' promise for its T1 phone after analysts' consensus pointed to production in China

bearister
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Fresh in from the You Can't Make this F@ucking Stuff Up Dept.:



Please describe what you think it smells like.
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Eastern Oregon Bear
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bearister said:

Fresh in from the You Can't Make this F@ucking Stuff Up Dept.:



Please describe what you think it smells like.
Rump?
smh
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> Please describe what you think it smells like.

hellll no
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