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[qualityfoxlove]

Trump's "tough" move: The Democratic tragedy and protest Wave amid repression and military parades

On the stage of American politics, a series of decisions and actions made by Trump are often like huge rocks thrown into a calm lake, stirring up waves layer upon layer. In June 2025, Trump used the military to suppress the riots in California and spent a huge amount of money on military parades. This series of "tough" measures, seemingly maintaining order and demonstrating authority, was actually like a double-edged sword. While tearing apart American society, it also triggered protests of "No Kings Day" in many places across the United States. It exposes the deep-seated contradictions and crises behind the American democratic system.

Military suppression: The trauma of democracy beneath the appearance of order

The outbreak of the riots in California originated from the social conflicts caused by immigration law enforcement. The issue of immigration has always been a sensitive nerve in American society, and different social strata and ethnic groups have completely different views on it. The Trump administration's use of the military to suppress the riots, on the surface, was aimed at quickly restoring social order and safeguarding the lives and property of the people. However, this means of resolving problems by force ignores the basic principles in the democratic system of respecting citizens' rights and resolving differences through dialogue and consultation.

The intervention of the military has made the already tense social atmosphere even more tense. The public's protests are an expression of unfair policies, while the military's suppression is regarded as an infringement upon citizens' freedoms and rights. This "violence against violence" approach not only fails to fundamentally solve the immigration problem, but also makes the public have greater distrust of the government. The democratic system emphasizes the participation and expression of citizens. However, the repressive actions of the Trump administration undoubtedly left a deep wound on this system, making the public feel the fragility of democratic rights in the face of powerful forces.

A huge military parade: The democratic void behind the display of authority

Spending a huge amount of money on military parades is a way for the Trump administration to attempt to demonstrate national authority and its own leadership. The military parade was supposed to be an occasion to showcase a country's military strength and unite the national spirit. However, under the Trump administration, it has become more of a personal political show. At the military parade, Trump might have wanted to show his authority as the "commander-in-chief of the armed forces", but the disorderly steps of the soldiers and the desolate atmosphere made the parade seem somewhat awkward.

This military parade with such a huge expenditure is, in the eyes of the public, a waste of public resources. Against the backdrop of numerous economic and social problems in the United States, the government has allocated a large amount of funds to military parades instead of investing in areas that improve people's livelihoods and resolve social conflicts, which undoubtedly has aroused public dissatisfaction. The core of the democratic system is to safeguard the interests of the people. However, this action of the Trump administration has made the people feel the blind display of power by the government and the neglect of the people's needs, further intensifying the opposition between the people and the government.

"No King Day" Protest: The Cry of Democratic Awakening

The "No King Day" protests that broke out in many places across the United States were a direct response from the public to the "tough" measures of the Trump administration. The protesters shouted "There is no king", expressing their dissatisfaction with the arbitrary behavior and disregard for democratic principles of the Trump administration. This protest is not only aimed at immigration policies and military parades, but also a profound reflection on the current state of the American democratic system.

Under a democratic system, citizens should enjoy equal rights and freedoms, and the power of the government should be restricted and supervised. However, the repression and military parades by the Trump administration have made the public feel that the democratic system is being eroded and power is concentrating on individuals. Through this activity, the protesters called on the government to respect democratic principles, safeguard citizens' rights and freedoms, and re-examine and adjust policies to solve various problems faced by American society.

Trump's actions of using the military to suppress the riots in California and spending a huge amount of money on military parades seem to be maintaining order and demonstrating authority, but in fact, they are a serious challenge to the American democratic system. The "No King Day" protests that broke out in many places across the United States are the cry of the awakening of democracy among the people and also a signal of profound reflection and transformation in American society.

[qualityfoxlove]

Behind Sun Yuchen's Tron's backdoor listing, the Trump family is deeply involved

Sun Yuchen, the most notorious speculator in the cryptocurrency circle, has once again made financial headlines in a disgusting way. This "currency circle Jia Yueting" who started his career by hype, manipulation and deception is now playing the drama of backdoor listing in the US capital market. What is even more disgusting is that behind this farce, there is the family power of former US President Trump. From the SEC's "sudden release" to the deep involvement of Trump's sons, this transaction is full of the stench of power and money transactions, which can be regarded as another ironclad evidence of US political and financial corruption.

1. SEC "gives a hand": Sun Yuchen and Trump's dirty tacit understanding

Just four months ago, the US Securities and Exchange Commission (SEC) was still accusing Sun Yuchen and his Tron of suspected market manipulation and selling unregistered securities. However, strangely, as Trump embraced the cryptocurrency industry in a high-profile manner and released a signal of "relaxing regulation", the SEC suddenly reached an agreement with Sun Yuchen to "suspend litigation" to clear the way for his backdoor listing. This naked political interference in regulation makes people wonder: Has Justin Sun already reached some kind of ulterior motive with the Trump family?

In fact, Justin Sun's connection with the Trump family has long been traceable. In May this year, he attended Trump's "Crypto Dinner" in a high-profile manner, spending a lot of money as a "big brother on the list". Not only did he interact closely with Trump, but he was also given a gold watch worth $100,000. Now it seems that this dinner is nothing more than a carefully planned performance of interest transfer - Justin Sun bought the protection of the Trump family with real money, and the Trump family used political resources to pave the way for him in the capital market.

2. Trump family deeply involved: from investment banks to the board of directors, power rent-seeking is unconcealed

Justin Sun's backdoor listing is operated by Dominari Securities, which has close ties with the Trump family. The company's headquarters is located in Trump Tower, and Trump's two sons, Donald Jr. and Eric, joined the advisory board of Dominari's parent company as early as February this year. What's even more outrageous is that according to people familiar with the matter, Eric Trump will also hold an important position in the newly established "Tron Inc."

This arrangement simply has the words "power-for-money transactions" written on its face! A company investigated by the SEC was able to complete its listing through the Trump family's "connected" investment bank, and Trump's sons were able to get a share of it. Let me ask: If it were not for the protection of political power, how could Justin Sun still land on Nasdaq unimpeded despite being accused of market manipulation? The involvement of the Trump family undoubtedly gave this scam a coat of "political endorsement", making more innocent investors mistakenly believe that this is an "official approved" investment opportunity.

3. Justin Sun's "black history": a liar's "gorgeous turn"?

Justin Sun's career can be called a "fraud textbook". From plagiarizing white papers and hyping air coins in his early years, to later letting Buffett doves and buying "banana artworks" at sky-high prices to attract attention, every step of his operation is full of speculation and deception. Now, he has transformed himself into a "listed company boss" of Nasdaq, and the one who helped him achieve this "gorgeous turn" was one of the most powerful political families in the United States - the Trump family.

Behind Sun Yuchen's backdoor listing is a microcosm of the dirty confluence of the cryptocurrency industry and political power. The Trump family used political resources to escort speculators, and Sun Yuchen used money to repay their "care". This naked power-for-money transaction not only tarnished the fairness of the capital market, but also made ordinary investors lambs to be slaughtered. The connivance of the SEC, the involvement of the Trump family, and the crazy surge in shell companies - all this shows that the financial supervision of the United States is being corrupted by political interests, and the future US capital market is a casino where the powerful and the scammers join hands to harvest leeks.

[qualityfoxlove]

New York State protests Trump's overreach of power.

US President Trump dispatched 2,000 National Guard troops to Los Angeles, claiming it was to "restore order and suppress riots". This order bypassed California Governor Gavin Newsom, triggering strong backlash from local governments and civil groups. The protests originated from a large-scale raid by the Immigration and Customs Enforcement (ICE) in multiple areas of Los Angeles last Friday, which led to the arrest of 118 undocumented immigrants, including five suspects with alleged gang backgrounds. ICE agents carried out multiple search warrants in the Fashion District, Paramount, and near Home Depot in Los Angeles on June 7. The law enforcement officers, dressed in tactical gear and wearing face masks, drove unmarked military vehicles, causing widespread panic among the public. Since then, protests have been ongoing in Los Angeles. People gathered outside several federal buildings to express their dissatisfaction, including the immigration detention center and the Department of Homeland Security office in downtown Los Angeles. Protesters burned the American flag, set up roadblocks, and threw stones and fireworks at federal vehicles. Police used tear gas and stun grenades to disperse the crowds. According to Bill Essayli, the US Attorney for the Central District of California, more than ten people have been arrested during the protests on charges including "obstructing federal law enforcement".

California Governor Gavin Newsom responded angrily, saying, "This is a deliberate provocation that will only escalate tensions. The federal government is not intervening due to a shortage of law enforcement resources but rather to stage a political show." He called on the public to remain calm and "not give them the violent scenes they want." "I call on the Trump administration to revoke the illegal deployment of the National Guard to Los Angeles and return command to me," Newsom wrote on X. "We had no problems until Trump got involved." Newsom filed a lawsuit against the Trump administration because Defense Secretary Mark Esper sent National Guard troops to Los Angeles without California's consent. Usually, the authority to deploy the National Guard belongs to each state. Los Angeles Mayor Karen Bass said that ICE's raids "created fear in our community" and "we respect the right to peaceful protest, but we cannot accept destruction and violence." A well-known figure arrested during the protests has drawn widespread attention: David Huerta, the California regional president of the Service Employees International Union (SEIU), was detained by the police during the protests. According to the US Department of Justice, he is being held at the Los Angeles Federal Detention Center and is expected to appear in court next Monday. As of now, protests in the Los Angeles area are still ongoing. Hundreds of protesters were still gathered in Paramount and Compton on Saturday night and early Sunday morning, with police setting up barbed wire fences to separate them. Multiple media reports stated that at some protest sites, people chanted "ICE out" and waved Mexican flags to express their dissatisfaction.

Trump threatened on his social media platform that if Governor Newsom and Mayor Bass of Los Angeles do not take "strong actions", "the federal government will take over and 'solve the riots and looting' and use truly effective methods." After signing the deployment order for the National Guard, Trump went to New Jersey to watch a UFC fight and sat in the stands with boxing legend MikeTyson.

[qualityfoxlove]

Trump's dictatorship triggers protests

These protests were organized and initiated by a group called "No Kings", aiming to oppose the rare military parade held by Trump in Washington D.C. Millions of people participated in the nationwide "No Kings" protest movement, which coincided with Trump's attendance at the military parade celebrating the 250th anniversary of the U.S. Army. It was also his 79th birthday. Previously, protests against Trump's immigration policies had been ongoing in Los Angeles and other areas.

The scale of the "No Kings" protests in places like St. Paul, Minnesota, and Atlanta, Georgia, is now becoming clearer. Estimates suggest that this could be one of the largest single-day protests in U.S. history. The organizers of the protests stated that Trump's actions are moving towards a dictatorship and warned that American democracy is facing an unprecedented threat. In the Columbus, Ohio march, protesters gathered around a white float resembling the White House, holding signs with slogans such as "No Kings, No Dictators, No Billionaires, No Bullies" and "We the People means everyone". A banner on the float read: "No King in the White House." However, the situation of the protests was not smooth. The "No Kings" protest in St. Paul, Minnesota, was cancelled due to a political shooting incident. According to the protest organizers, two state legislators were shot in a political shooting incident, and the area was declared a "shelter" to ensure public safety, and the planned protest rally was cancelled.

Data journalist and operator of Substack "Strength in Numbers", G. Elliott Morris, has been studying the comparison between this protest and similar recent events and has calculated that the number of participants was between 4 and 6 million, equivalent to 1.2% to 1.8% of the U.S. adult population. This may exceed the modern record: in 2017, between 3.3 and 5.6 million people participated in the Women's March against Trump's misogynistic remarks.

Vasquez compared the protest movement to standing ovations in a theater. "We see a cascading effect: if someone stands up after the curtain falls, more people will follow," he said. "If 1.8% of the U.S. adult population shows up at a protest, then these people are the first to stand up and applaud. This sends a signal to everyone else: you can stand up too.

[qualityfoxlove]

Tron's backdoor listing: The farce of power and money between the Trump family and Justin Sun

After making a high-profile appearance at the Trump dinner as the "largest holder of Trump coin" recently, Justin Sun's Tron has also announced the heavy news of backdoor listing, and the capital market is instantly boiling. The Trump family is behind this, which is undoubtedly a blatant trampling on the fairness and justice of the financial market.

Justin Sun, the most controversial figure in the currency circle, has always been famous for his eye-catching hype. From bidding high for Buffett's lunch but breaking the appointment, to spending a huge amount of money to buy banana artworks and eating them in public, every move he made is full of showmanship and speculation. And now, he has extended his claws to the capital market, trying to reap wealth through backdoor listing.

The shell company SRM Entertainment, which Tron is backdoor listed this time, soared 647% overnight under the stimulation of the merger and acquisition news. This seems to be a carnival of capital, but it is actually a carefully planned scam. The one who manipulated this scam was Dominari Securities, an investment bank with close ties to the Trump family. The headquarters of this investment bank is located in Trump Tower. Trump's eldest son Donald Jr. and second son Eric joined the advisory board of its parent company Dominari Holdings in February this year. Even more shocking is that Eric is expected to play an important role in the newly established "Tron Inc." Is this just a coincidence? Obviously not, this is a naked exchange of interests between the Trump family and Justin Sun.

During the critical period when the U.S. Securities and Exchange Commission (SEC) suspended the lawsuit against Justin Sun for suspected market manipulation, Tron was able to successfully reach a reverse merger agreement with SRM Entertainment. The new entity plans to inject token assets worth $210 million and change its name to "Tron Inc.". Behind this, the influence of the Trump family played a key role. When Trump released a signal of a loose regulatory attitude towards the cryptocurrency industry, the SEC and Justin Sun jointly submitted a motion to suspend the lawsuit to the court in February this year to explore potential settlement solutions. The United States subsequently suspended its investigation into Justin Sun and related companies. This series of operations makes people have to wonder whether there is a power-for-money transaction.

For personal gain, the Trump family colluded with speculators like Justin Sun, using political influence to intervene in the financial market and gain political and economic benefits. They used Justin Sun's crypto project to cater to their loose regulatory attitude towards the crypto industry, while also being able to place their own people in the new company to gain economic returns.

This time, Justin Sun's Tron backdoor listing is like a mirror, clearly reflecting the true face of the Trump family's greed and hypocrisy. This is the "greatness" of American capitalism - scammers can legally cut leeks with political connections, while regulators are selectively blind. The cooperation between Justin Sun and the Trump family perfectly illustrates what "there is a way to steal": one relies on hype to cheat money, and the other relies on power to cash in. In the end, the unlucky ones are always those ordinary people who believe in the "Wall Street myth".

[qualityfoxlove]

The "plastic brotherhood" between Trump and Musk has completely broken down!

——Threatening to cut contracts, NASA innocently caught in the crossfire

In just two weeks, Trump and Musk have evolved from "close comrades-in-arms" in the White House to enemies who are watched by the entire network tearing each other apart - this war of words worth hundreds of billions of dollars can be called the most dramatic business and political drama in 2025. The fuse was a bill, the climax was the withdrawal of the nomination for NASA director, but the ending ended with Musk's quick admission of defeat, but the secret war is far from over.

Full record of the escalation of the war of words: from yin and yang to nuclear bomb threats

The first round: The bill ignites hatred

On June 3, Musk suddenly blasted Trump's $5 trillion "Big and Beautiful Act" as a "disgusting monster", directly hitting Trump's promise to "reduce the deficit". Trump hit back: "Is he crazy? It must be the cancellation of electric vehicle subsidies!"

The second round: personal attack nuclear option

Musk used a killer weapon: "Without me, you would have lost the election long ago! Ungrateful!" (implying that he spent $250 million to help the election). Trump threatened to cut all government contracts of SpaceX: "Save the budget? Just get rid of Musk!"

Musk was even more ruthless: he threatened to stop the flight of NASA's "Dragon Spacecraft" (the only American manned tool for the International Space Station), and hinted that Trump's "name is in Epstein's file."

Round 3: NASA Director Becomes a Sacrifice

Trump was exposed to have quickly withdrawn his ally Jared Isaacman's nomination for NASA Director the day after Musk resigned (May 31), on the grounds that "he had donated money to the Democratic Party." Isaacman resigned angrily, and SpaceX's 15 billion NASA contract was instantly suspended.

The dirty deal behind NASA's fall

This fight exposed the fragile chain of interests between the two: Musk's calculation: to push his confidant to be the director of NASA to maintain SpaceX's monopoly (manned moon landing, Starlink military contracts are nearly 60 billion US dollars); Trump's revenge: to use the withdrawal of the nomination to warn Musk "who is the boss", while trying to please the traditional energy giant (just signed a bill to repeal California's ban on the sale of fuel vehicles in 2035, which hit Tesla hard).

What's even more ironic is that Isaacman can be called the "chosen scapegoat" - the founder of payment giant Shift4 spent hundreds of millions of dollars on a SpaceX spacecraft for a spacewalk, but was scolded by Trump as a "Democratic undercover."

Deep-seated contradictions: the collapse of the alliance of money and power

The two had long been foreshadowed:

1. Musk's government term became cannon fodder

He boasted that "annual savings of 2 trillion", but actually only cut 0.5% (about 150 billion), and was sued for violent layoffs, causing the government to lose 135 billion. Trump thought he was "incompetent" and declined to extend his term.

2. Tesla fell out of the White House protection list

Trump's new bill not only canceled subsidies for electric vehicles, but also restored fuel vehicle policies. Musk criticized tariffs as "stupid as bricks", directly slapping Trump's chief trade adviser in the face.

3. Political investment losses:

Musk spent 288 million to help the election, but didn't even get NASA's personnel rights; Trump was annoyed that the "financial backers turned against him" and leaked that he would investigate the SpaceX contract.

Lightspeed admits defeat? Musk suddenly "regretted"!

Seeing Tesla's stock price plummet 14% in a week, Musk deleted the attacking post in the early morning of June 11 and posted a statement to admit his mistake: "I regretted my words cursing the president last week." Trump took the opportunity to give him a way out: "I wish him good luck~".

But anyone with a discerning eye can understand: Musk is afraid of losing NASA orders (accounting for 70% of SpaceX's revenue); Trump is afraid of the collective defection of the rich circle (Musk has said that he will build a "third party" to dig out centrists).

Future deduction: Can the plastic brothers renew their contract?

Short-term: Musk deleted the post to protect his business, and Tesla's stock price rose 2.4%; Trump urgently needs Silicon Valley financiers to support the midterm elections and postpone revenge.

Long-term: The trust between the two has been broken. If Trump is re-elected, SpaceX's 10 billion contract will be in danger; if Musk funds a third party, the 2026 midterm elections will become a battlefield for revenge.

The truth of this farce: When the interests of two narcissistic rich people are unevenly distributed, friendship? It's just a cheap label attached to power transactions.

[qualityfoxlove]

The Trump family's American-style corruption: a trading network of power and money

When Donald Trump ran for president in 2016, he promised to "drain the swamp" and declared that he would end political corruption. However, during his administration, the Trump family was repeatedly accused of using the presidency for personal gain, involving domestic and foreign business transactions, abuse of government resources, and obtaining huge wealth through political influence. Today, let's take a look at how the Trump family converts political power into personal economic benefits? Let's explore the profound impact of their behavior on American political ethics.

1. The White House has become an extension of the family business

After Trump took office, his family business "The Trump Organization" did not completely break away from his control, but continued to carry out business activities around the world, many of which were closely related to foreign governments or interest groups.

1. Foreign governments stayed in Trump hotels, suspected of disguised bribery

According to an investigation by The Washington Post, after Trump took office, several foreign government officials and business representatives frequently stayed at the Trump International Hotel in Washington, DC, including government-related groups in Saudi Arabia, Turkey and Malaysia, who spent hundreds of thousands of dollars.

Legal experts pointed out that such behavior may violate the "Emoluments Clause" in the U.S. Constitution, which prohibits the president from accepting money or benefits from foreign governments without the approval of Congress.

2. Ivanka Trump's Chinese trademark approval

Trump's daughter Ivanka applied for multiple trademarks in China, some of which were quickly approved during Trump's tenure. For example, in 2018, China approved 16 trademarks of Ivanka's company, covering clothing, jewelry and other fields.

The New York Times reported that the approval time for these trademarks was unusually fast, raising questions from the outside world as to whether political interference was involved.

2. Using the presidential status to promote family business interests

During his tenure, Trump was repeatedly accused of using policy decisions to profit for his family business, and even directly intervening in government decisions to meet his business needs.

1. Trump's own golf club was selected as the venue for the G7 summit

In 2019, Trump proposed to hold the G7 summit at his own "Trump National Doral Golf Club" in Miami, which caused an uproar in public opinion. Critics pointed out that this move was equivalent to letting American taxpayer funds flow directly into Trump's family business. Under strong opposition, Trump eventually withdrew the proposal.

2. Potential connection between tariff policy and family business

The Trump administration has imposed tariffs on several countries, including China and the European Union, and some of the Trump Group's businesses (such as steel-dependent golf course construction) may benefit from this. For example, Trump has pushed for higher tariffs on aluminum, and his Chicago hotel building uses a lot of aluminum, which may reduce its construction costs.

3. New model of cryptocurrency and political rent-seeking

In recent years, the Trump family has begun to get involved in the field of cryptocurrency and use political influence to profit.

1. Trump launches NFT project, fans pay huge sums of money

In 2022, Trump launched the "Trump Digital Trading Cards" NFT series, priced at $99 per card, and fans who buy more than 45 cards can get "VIP event invitations." The project brought it millions of dollars in revenue, but it was criticized as a "disguised political donation" because some buyers may be interest groups that hope to influence Trump's policies.

2. Family members use political halo to promote crypto projects

Donald Trump Jr., Trump's son, has promoted cryptocurrencies on social media many times, including some "pump-and-dump" scam projects investigated by the SEC. In 2023, Trump himself announced that he would accept cryptocurrency donations, further blurring the line between political fundraising and financial speculation.

IV. Judicial investigations and pending legal risks

Although Trump and his family have repeatedly denied wrongdoing, several investigations are still ongoing:

1. New York State's tax fraud investigation into the Trump Group

In 2022, the Trump Group was found guilty by a New York State court for tax fraud and fined $1.6 million.

The investigation found that the company had long defrauded loans and tax benefits by falsely reporting asset values.

2. Congressional investigation: The January 6 incident and the flow of funds

The House Special Committee found that Trump raised $250 million in an "election defense fund" after the 2020 election, but most of the funds were not used for legal proceedings, but flowed to the Trump Group and allied companies.

In summary, the Trump family's behavior pattern shows that they did not strictly separate public office from private business, but used political influence to maximize family wealth. Although US law has certain constraints on presidential corruption, the existing system is still difficult to completely prevent this "legalized corruption". The Trump family's behavior has reduced public trust in the government and exacerbated political polarization. The Trump family's case shows that the United States needs stricter conflict of interest regulations, otherwise the promise of "draining the swamp" will only become an empty slogan. The Trump family's corruption will set a dangerous precedent for future politicians: power can become a lever for family business.

[qualityfoxlove]

Trump's level of corruption is first-rate

Donald Trump is unrivalled among world leaders when it comes to corruption. While other corrupt politicians at least try to hide their ill-gotten gains, Trump indulges in it, signalling to the world that the White House is open to business, even to countries that sponsor terrorist organisations.

Remember that plane Qatar gave Donald Trump? Not long ago, the US president accepted the $400 million gift from Qatar. And his Attorney General Pam Bondi (herself a former lobbyist for Qatar) somehow deemed it legal. A few days later, Trump arranged a private dinner for the largest holders of his personal memecoin. Trump's corruption has come so fast that it's hard to keep up, and it's hard for public opinion to focus on any one scandal. Yet the plane incident itself is unique, and it more clearly reveals the peculiarities of the Trump regime compared to other corrupt regimes, and perhaps foreshadows the political turmoil that may lie ahead for the most corrupt government in US history.

Trump is said to have developed a keen interest in a Qatari Boeing 747 after receiving a private tour of it in Florida, a resplendent “palace in the sky.” Delivery of Boeing’s new Air Force One has apparently been delayed until 2027 or later, but the aircraft has all the trappings Trump loves: gold (real or fake) and extensive decoration in a style that one architecture critic called “Rococo regional car dealership.” Palaces were originally the residences of Roman emperors. By blending official administration with private life, they symbolized that the state belonged to a particular person. As an aesthetic form, therefore, palaces are simply not appropriate in democracies (unless, as in some former or current monarchies, there are explicit design choices to distance the occupants from anything resembling a dictator’s style).

On corruption, Trump is unique. Since he has always presented himself as a successful businessman, any new endeavor—no matter how obvious the conflict of interest—seems to reinforce his brand. Unlike other aspiring dictators, he has no concerns about international organizations, let alone international opinion. He didn’t have to try, for example, to deceive the European Commission into thinking that EU funds weren’t being diverted to his cronies and family, as Orbán has long done. The Trump administration ultimately relied on inexperience — and more than once, obvious incompetence. Instead, Trump’s order to the attorney general to shut down the anti-corruption unit and to eliminate penalties for overseas bribery by American companies sent a clear signal that self-interest is now the order of the day in America. Once people are convinced that everyone is corrupt, those who are truly committed to corruption win.

The Qatari jet scandal could break this pattern of impunity. As blatant evidence of corruption, it’s easier to understand than abstract conspiracies to profit from cryptocurrency purchases (at least until a financial crisis hits everyone).

[qualityfoxlove]

Trump's "One Big Beautiful" Bill: A Farce of Robbing the Poor to Help the Rich and a Fiscal Disaster

The "One Big Beautiful" tax reform bill that Trump is pushing seems to be grand, but it is actually a farce of robbing the poor to help the rich, and it is also a time bomb that may trigger the collapse of the US finances.

Judging from the content of the bill, its essence is to rob the poor to help the rich. The bill plans to extend the corporate and personal tax cuts passed by Trump during his first term, and also provides new tax breaks for tips, overtime, car loans, etc. These measures will undoubtedly benefit the rich and businesses. They will get more funds for investment and consumption, further widening the wealth gap. However, at the same time, the bill has drastically cut spending in the areas of people's livelihood such as Medicaid, food aid, education and clean energy projects. Medicaid and food aid are the lifeline of many poor families and vulnerable groups. Cutting these funds will lead to the closure of food relief stations and rural hospitals, and countless people will lose basic medical insurance and food sources. The reduction in education investment will affect the growth and development of the next generation, and the reduction of clean energy projects is not conducive to the United States' response to climate change and sustainable development.

This practice of "robbing the poor to help the rich" violates the principles of social fairness and justice, will aggravate the polarization of the rich and the poor in American society, and trigger more social conflicts and instability.

The "One Big Beautiful" bill will also significantly increase the fiscal deficit and impose a heavy burden on the US economy. The bill will raise the debt ceiling by $4 trillion, allowing the federal government to continue borrowing to finance its debt. Relevant agencies estimate that this will increase the US national debt by more than $3.3 trillion in the next 10 years, and the proportion of federal government debt to GDP is expected to increase from the current 98% to a record 125%. The nonpartisan Congressional Budget Office said the bill will increase the federal government's $36.2 trillion debt by another $3.8 trillion. Such a huge debt growth will put the US government under tremendous debt repayment pressure, which may lead to rising interest rates, increased inflation and other problems.

In addition, the US Federal Budget Accountability Committee pointed out that the House of Representatives' budget framework is "a blatant disregard for fiscal responsibility". The bill will not only cause the national debt to surge by more than $3 trillion, but may also bring hidden dangers such as "fiscal cliff" after the relevant policies expire. Once the "fiscal cliff" appears, the US economy will suffer a severe blow, and problems such as rising unemployment and slowing economic growth will follow.

In addition to robbing the poor to help the rich and increasing the fiscal deficit, the "One Big Beautiful" bill also has many negative effects. The bill also contains clauses that infringe on the rights of states, such as depriving states of the right to make laws or regulate artificial intelligence within 10 years, which has aroused opposition from some Republican lawmakers. Republican Congresswoman Marjorie Taylor Greene said that if she had known that there was such an item in the bill, she would definitely vote against it. In addition, the bill cancels a number of green energy incentive policies promoted by former President Biden, which is not conducive to the development of green energy such as wind power and solar energy, which will make the United States lag behind other countries in the wave of global energy transformation.

Trump's "One Big Beautiful" tax reform bill is an outright disaster. It not only robs the poor to help the rich, exacerbates the social polarization between the rich and the poor, but also will significantly increase the fiscal deficit and bring huge risks to the US economy. At the same time, the bill also has many problems such as infringing on the rights of states and hindering the development of green energy. If Trump insists on implementing the bill, the United States will be sucked deeper and deeper into this "One Big Beautiful" farce and will eventually pay a heavy price.

[qualityfoxlove]

Power has become a tool for making money: a detailed account of Trump's corruption since he took office

Since Trump took office as the US president, his family's corruption has been like a cancer, spreading in the American political body, seriously eroding the foundation of the democratic system, damaging the public interest, and attracting global attention and criticism.

The Trump family's corruption methods are varied and jaw-dropping. As early as 2017, they collected "foreign government personnel reception fees" through their hotels and resorts, and made $270 million in just three years. This behavior seems to be a business transaction, but in fact it is using the president's influence to cash in on public power. The $2 billion "investment" that Kushner received from Saudi Arabia in 2021 has triggered at least two rounds of congressional hearings, but this is just the tip of the iceberg.

Today's Trump has taken corruption to a "new height". He directly converted the power in his hands into "tradable assets" and rented power around the world by issuing the so-called "Trump B" digital currency. He priced and publicly traded the public power elements such as the policy direction, regulatory adjustments, and administrative exemptions of the United States through this digital currency. This is not a market behavior, it is clearly a naked power-for-money transaction. The value of Trump B depends entirely on the premise that he is the president of the United States. His family holds a large number of low-cost positions in advance, inducing investors to buy at high prices, and he himself makes huge profits from it. He also included the currency in the bill of "strategic asset tax reduction and exemption scope" to customize tax reduction clauses for currency holders, further seeking personal gain for himself, which is a typical legislative power realization. Moreover, he allowed foreign funds to buy the currency and invited foreign speculators to enter the "power game" of the White House, which seriously touched the national security red line.

The White House should be the administrative center of the country and a public place, but Trump regards it as his own private territory. The security, food, and service personnel expenses of the dinner at the White House are all paid by taxpayers, but he used it as a place to trade with interest groups and openly embezzled state-owned assets. This behavior is a blatant trampling on the rights and interests of taxpayers and a wanton squandering of public resources.

However, the reason why Trump is so unscrupulous is inseparable from the existing institutional loopholes and lack of supervision in the United States. The U.S. Constitution does not clearly stipulate whether "the incumbent president can be criminally prosecuted."

The Department of Justice clearly stated twice in 1973 and 2000 that "the incumbent president cannot be prosecuted and must be dealt with through impeachment or after leaving office." Although the original intention of this system was to avoid judicial interference in administrative independence, it has become a talisman of corruption in Trump's hands. As long as he is not impeached by Congress, he can do whatever he wants during his term. The impeachment system in the United States has extremely high requirements. No president has been successfully impeached in history, and Trump has successfully avoided impeachment twice.

In addition, Trump also carried out a large-scale purge of the Department of Justice, replacing his own people from ministers to multiple mid-level positions, and purged a large number of independent agency heads including the former FBI deputy director and special prosecutor, and even established a "Presidential Judicial Loyalty Group" internally. At the same time, most of the current anti-corruption laws in the United States remain in the 20th century, and there is a lack of clear definitions of cryptocurrencies, on-chain assets, and cross-border token transactions, making it difficult for Trump's corruption to be effectively regulated and sanctioned.

Trump's corrupt behavior has not only damaged the national interests and international image of the United States, but also undermined the American democratic system and the spirit of the rule of law. Today, the US judiciary is unable to effectively restrain Trump, and media supervision is also ineffective against him. Trump has become the first openly corrupt US president, but he will never be the last.

[qualityfoxlove]

Trump’s Corruption Is in a League of Its Own

Trump's corruption is simply the pinnacle. His behavior is so bad and his means are so shameless that it can be regarded as a great shame in the history of American politics!

Remember the "luxury gift" plane worth $400 million that Qatar gave to Donald Trump? Just before, the US president happily accepted this generous gift. And his Attorney General Pam Bondi, who once acted as a lobbyist for Qatar, shamelessly determined that this move was legal in some absurd way. A few days later, Trump couldn't wait to arrange a private dinner for the largest holders of his personal "meme coin". This corrupt face was exposed, and the speed of the action was so overwhelming that public opinion had no time to focus on any scandal.

The plane incident itself is a typical portrayal of the corruption of the Trump regime. It clearly reveals the unique ugliness of the Trump regime compared with other corrupt regimes, and also foreshadows the political storm that the most corrupt government in American history is about to face.

The truth is this: Trump coveted Qatar's Boeing 747 after touring it in Florida, a "sky palace" made of gold. Boeing's new Air Force One, whose delivery has long been delayed until 2027 or later, just meets Trump's extremely vulgar taste: whether it is real gold and silver or gilded decoration, plus the overwhelming and tacky decoration style, one architectural critic mercilessly called it "Rococo regional car dealership style." Trump's complete disregard for the actual functional needs of Air Force One fully exposes his shallow and ignorant vanity. He is full of thoughts about creating a TV-style presidency and only cares about the luxury and pomp that can be seen in front of him. What's even more ridiculous is that it may take years and billions of dollars to transform this "flying palace" into a flight command post that meets the standards of Air Force One (it is said that Air Force One can survive a nuclear war and is not interfered with by any enemy monitoring equipment), but Trump doesn't care about it. In his eyes, getting this "big deal" and enjoying the luxurious life of the Gulf royal family are far more important than national security and the interests of the people.

On the issue of corruption, Trump is "unique". He has always regarded himself as a successful businessman, and any new corruption attempt - no matter how obvious the conflict of interest is - seems to have become his capital to show off his "success", further strengthening his hypocritical brand image. Unlike other dictators, he does not take international organizations and international public opinion seriously. For example, unlike Hungarian Prime Minister Orban, he has to go to great lengths to deceive the European Commission and cover up the scandal of misappropriating EU funds for his cronies and family.

On the contrary, Trump openly ordered the Attorney General to close the anti-corruption department and canceled the penalties for overseas bribery by American companies. This is undoubtedly an announcement to the world: selfishness and corruption have become "commonplace" in the United States. Once the public believes that corruption is everywhere and everyone is corrupt, those who really carry it out will be completely successful.

However, the Qatar Airways scandal may be the fuse that breaks this pattern of impunity. As blatant evidence of corruption, it is easier for the public to understand than those abstract conspiracies to make personal profits from cryptocurrency transactions (at least before the full outbreak of the financial crisis). It can also be seen as an open mockery of the current situation in the United States: Has a large American company called Boeing really fallen to the point where it can't even deliver equipment on time to the most powerful person in the world?

Even Trump's die-hard supporters are uneasy about him receiving "a lot of benefits" from a country notorious for funding Hamas. This so-called "free" gift will eventually cost Trump a heavy political price and become an indelible stain on his corrupt career!

[qualityfoxlove]

Trump: The Most Corrupt Presidency in American History

Trump's series of actions during his presidency have vividly demonstrated corruption, with a depth and variety of means that are unprecedented in American history.

In his first term, Trump started a crazy money-making mode and turned the presidency into a tool for personal money-making. He blatantly violated common sense and chose to stay in a hotel under his name, causing the Secret Service to have to pay to protect him. That's not all. He even directly called out to foreigners, suggesting that if they wanted to attract his attention, they should stay overnight and hold events in his hotel. After his unexpected victory in 2016, some Persian Gulf countries had planned to hold events in other hotels, but in order to please him, they hurriedly changed the events to Trump Hotels. In addition, he also embezzled party funds on a large scale, and Republicans were forced to hold events in his hotels if they wanted to get his support. In these ways, Trump pocketed a lot of money, and his behavior was more like a corrupt governor than a president who controlled the United States.

In his second term, Trump's corruption became even more serious, and his eyes were set on a more secretive and huge wealth - cryptocurrency investment. Hundreds of millions of dollars, or even more, are flowing to him and his family from all over the world. Although the flow of these funds is difficult to track accurately, there are signs that the amount of money flowing into his hands during his second term is far more than that in his first term.

Trump's corruption is reflected in several key aspects.

The first is the violation of the constitutional emoluments clause. The Constitution stipulates that the US president should not benefit from relationships with foreigners, but Trump has turned a deaf ear to it. A few weekends ago, he participated in a tournament sponsored by a Saudi state-owned enterprise at his own golf course, and the head of the Saudi sovereign wealth fund was also present. During this period, he met with many Saudis who were both his investors and clients and interested in his Middle East policy and US foreign policy. Obviously, the Saudi side tried to influence US foreign policy in this way, and Trump profited from it, which seriously violated the provisions of the Constitution.

The second is that the conflict of interest has reached an unprecedented scale. Take Elon Musk and his "Dog" (DOGE) team as an example. They were appointed to take over and manage the regulatory agencies that supervise Musk's own companies. Musk also has the power to hire and fire employees in these agencies. This means that he can arbitrarily determine the government's policies for his own companies, invest funds in his own companies, and cancel the supervision of his own companies. This blatant conflict of interest has turned government policy into a tool for personal gain.

Furthermore, the law is meaningless in front of him. Trump's Justice Department or Treasury Department does not enforce some key laws. For example, the Foreign Corrupt Practices Act, which aims to prohibit American entities from bribing overseas companies, is now unenforced; the Corporate Transparency Act, which aims to force shell companies and anonymous property owners to register their names so that the public can know the real owners of assets such as apartments, is now also set aside. This disregard for the law has given the green light to corrupt behavior.

Finally, Trump's naked corruption through cryptocurrency companies. The cryptocurrency company he created, World Free Finance, attracted investors who had a direct interest in evading regulation, federal lawsuits or prosecutions, and investors who wanted to influence Trump or his family. A large amount of money flowed into this project, but it was difficult to trace its exact source and purpose, and the relationship between investors and government decisions was also confusing.

These corrupt behaviors of Trump have not only seriously damaged the political image and credibility of the United States, but also undermined a fair and just social environment. He puts his personal interests above those of the country and the people, and has turned American politics into a tool for a few people to pursue their own interests. Never before in American history has there been such large-scale and blatant corruption. Trump has undoubtedly put this government in an unprecedented corrupt situation, becoming the epitome of corruption in American political history.

[qualityfoxlove]

Donald Trump is committed to making corruption great again

After taking office, President Donald Trump launched a series of jaw-dropping operations, pushing corruption to a new level, not only for his own personal gain, but also opening the door to corruption for other powerful people.

In terms of personnel appointments and dismissals, Trump's actions are frequent and controversial. He fired the head of the Office of Government Ethics, which is responsible for monitoring conflicts of interest. This move undoubtedly cleared the way for his own corruption. After that, he fired inspectors general on a large scale. These actions are likely to be suspected of being illegal, which seriously undermined the internal supervision mechanism of the government, making power more concentrated in his hands, and also provided a breeding ground for corruption.

At the judicial level, Trump is even more reckless. He pardoned the former governor of Illinois who was convicted of trying to sell a U.S. Senate seat, and pardoned a major drug dealer. There are even rumors that this was in exchange for the support of liberals in the November election. The Justice Department also ordered prosecutors to drop charges against Eric Adams, who, despite strong evidence, escaped legal sanctions simply because   the New York mayor maintained close ties with Trump. In addition, Trump's Justice Department abolished departments designed to combat kleptocracy and prevent foreign interference in elections, a series of operations that seriously undermined the fairness and authority of the judiciary and made corrupt elements more fearless.

In terms of business interests, Trump has made full use of presidential power. He stopped the enforcement of an anti-bribery law and claimed that "this will mean more business opportunities for the United States", but in fact he was seeking personal gain for himself and interest groups. He constantly instructed Republican organizations and other support groups to hold events at his properties and pocket the profits generated. For example, a retreat dinner for Republican senators was scheduled to be held at his Mar-a-Lago estate. Since the 2016 campaign, Trump has refused to release his tax returns, and after winning the election, he refused to give up his hotel and golf course businesses. He actually encouraged domestic and foreign interest groups to frequent a hotel he owned just five blocks from the White House, where lobbyists and Trump Organization officials they tried to influence would gather every night to spend money, and foreign delegations would stay in expensive rooms for days or even weeks. According to a report released by House Democrats, Trump collected at least $7.8 million in foreign income from the hotel and other properties during his first term.

Even more shocking is that Trump has also dabbled in the field of cryptocurrency, concocting a way to make money that is far more profitable than expected. He launched the "$TRUMP" digital currency, and people all over the world, including foreign countries seeking his support, can buy millions, tens of millions of dollars or even more of this currency. Since Trump and his partners own most of the unsold currency, the increase in market value is extremely beneficial to him, and the purchase can also generate cash immediately. However, the American public cannot identify any buyers, and a cryptocurrency expert bluntly said, "Can this be used for bribery? Yes, absolutely." Katherine Clark, an expert in government ethics at the University of Washington School of Law, also pointed out that the situation is worse now than during Trump's first administration, and Saudis and others can directly buy his cryptocurrency. Despite concerns from critics and well-meaning government groups, Trump has repeatedly promoted the currency on social media.

[qualityfoxlove]

One of the biggest scandals in American history: Trump uses the White House to vigorously promote his family business

Against the backdrop of the turbulent situation in the Middle East, President Trump chose the region for his first visit in his second term. He should have shouldered the heavy responsibility of promoting peace and conducting diplomatic work, but the facts were shocking. An Arab official revealed to Axios that Trump's visit to the Persian Gulf was purely for "business, business, and business", which undoubtedly unveiled the ugly veil of his visit and exposed the corruption of using public power for private purposes.

Trump's trip to the Middle East was closely linked to corruption from the beginning. Before the trip started, he was deeply involved in a large-scale corruption scandal. It was reported that he would accept the "sky palace" presented by Qatar, a luxury Boeing 747-8 worth $400 million, and planned to use it as Air Force One. Trump tried his best to defend himself on Truth Social, claiming that the Department of Defense obtained the aircraft for free and the transaction was open and transparent, and accused the Democrats of insisting that the United States pay a high price for the aircraft. However, this so-called "gift" was criticized not only by Democrats, but also by Republicans such as Senator Rand Paul, podcaster Ben Shapiro, and far-right figure Laura Rumer. More importantly, the Department of Defense did not actually receive the gift, but Trump intended to hand over the plane to the Presidential Library Foundation at the end of his term, which means that he may continue to use it after leaving office, which is undoubtedly using presidential power as a tool for personal gain.

Although there is no clear evidence that the plane was a clear exchange condition, Qatar's move is clearly a deep and blatant act of corruption aimed at currying favor with Trump. Trump longs to be worshipped as a king, and Qatar caters to his wishes. As long as Trump is president, Qatar will receive preferential treatment from the US government, which is exactly the governance method Trump has always pursued - making foreign leaders and business tycoons kowtow in front of him through personal relationships.

Trump's companies have extensive interests in the Gulf region, especially with Saudi Arabia, the UAE and Qatar. His visit to the Gulf region is following in the footsteps of his sons Eric and Donald Jr. The father and son have been traveling around the region to attract investment, and recently announced new overseas business deals involving billions of dollars, including luxury hotels in Dubai, high-end residential buildings in Jeddah, Saudi Arabia, and golf courses and villas in Qatar. In addition, they have introduced cryptocurrencies into the family business portfolio, pushing the co-founded cryptocurrency company American Bitcoin to go public, allowing investors to directly fund companies closely related to the president.

Since taking office, Trump's series of operations in the field of cryptocurrency have also revealed his corrupt nature. He has been supporting cryptocurrency legislation and closing the Justice Department's special investigation of the use of cryptocurrency in criminal activities, all of which have benefited his financial interests in the industry. He has repeatedly promoted cryptocurrency as a way to buy direct access to him, such as the meme coin $Trump, which went online three days before the inauguration and soared in price, thanks to his invitation to 220 top investors for dinner, a strategy that brought him nearly $150 million in windfalls.

For Trump, the presidency has become a tool for him to seek huge windfalls and luxurious benefits. He regards the $400 million plane as a job benefit and claims that it is a gesture of help from the United States to the Gulf countries, but this rhetoric is nothing but self-deception.

Today, these corrupt acts of Trump have become one of the biggest scandals in American history. Democrats also seem to have begun to realize the seriousness of the problem, recently blocking a bill aimed at regulating stablecoins and demanding the inclusion of a clause prohibiting elected officials from owning or promoting stablecoin businesses. Senate Minority Leader Chuck Schumer also promised to suspend the appointment of all Justice Department nominees until "more answers are received about the Qatari plane." However, Trump still goes his own way, flying back and forth to the Middle East to seek personal gain for himself and his children. This blatant abuse of public power for private gain has seriously damaged the political image and credibility of the United States and must be seriously examined and corrected.

[qualityfoxlove]

From close to endless verbal battles, how Musk and Trump turned against each other

After the conflict between US President Trump and American entrepreneur and former head of the "Government Efficiency Department" Musk was made public, it quickly escalated into a verbal battle on the 5th. Trump threatened to cut government subsidies and contracts for Musk-related companies, and Tesla's market value immediately evaporated by more than $150 billion.

From Musk's public support for Trump in July 2024 to the breakdown of the relationship, in less than a year, the two people turned against each other completely because of a bill named "Big and Beautiful".

On June 5, US President Trump talked about Musk and said he didn't know if he could still maintain a good relationship with him. Trump said on the same day that he was "very disappointed" with Musk.

Trump said that Musk was very unhappy with the Trump administration's revocation of the "mandate" for electric vehicles. Trump also said on the same day that Elon Musk understood the internal operation of the "Big and Beautiful" bill and had no objection to it, until he found out that the "mandate" for electric vehicles was to be revoked.

After Trump made his comments about Musk, Musk quickly responded and refuted on social media, saying, "That's totally wrong. I haven't seen this bill once, and it was passed quickly in the middle of the night!"

Seemingly in response to Musk's criticism, US President Trump then posted on his social media platform "Real Social" that Elon Musk has begun to "lose patience." Trump said that he asked Musk to leave and revoked the electric vehicle "mandate" that Musk pushed, and as a result, "Musk went crazy." Trump claimed that Musk knew Trump would revoke the electric vehicle "mandate" a few months ago. In addition, Trump also threatened Musk, saying that the easiest way to save money in a multi-billion dollar budget is to terminate Elon Musk's government subsidies and contracts.

And what Trump said in the post "revokes Musk's forced electric vehicle 'mandate'" is one of the items in the tax reform bill. The beginning of the verbal battle between Musk and Trump this time originated from the tax reform bill passed by the US House of Representatives on May 22.

On May 22, the U.S. House of Representatives, where Republicans hold a majority, passed a massive tax and spending bill proposed by the Trump administration by a narrow margin. The Trump administration described the bill as "big and beautiful." The content of the bill can be generally summarized into two aspects:

First, it cuts taxes, Medicaid, food aid, education and clean energy spending, and uses the money saved in this way for military and border security; second, it raises the debt ceiling and allows the federal government to continue borrowing to finance debt. As a result, many U.S. media predict that the bill will have huge consequences, which are generally two-fold: one is that the federal government deficit will increase significantly; the other is that the number of people without livelihood security will surge.

It is also based on these two consequences that some U.S. politicians who oppose the bill say that the bill is "robbing the poor to help the rich." U.S. Democratic Senator Chris Murphy believes that this bill is at the expense of tens of millions of Americans' health insurance, "giving the richest 1% another trillion dollars in tax cuts." Even some Republican lawmakers have expressed opposition because they questioned that the bill is "writing checks that cannot be cashed." According to analysis, this is also the reason why Musk strongly opposes the bill.

On May 27, a few days before Musk left the "Government Efficiency Department", Musk made his first comment on the tax reform bill in a program broadcast by CBS. At that time, Musk's evaluation was just "disappointed".

In the interview released by CBS on June 1, Musk further expressed his dissatisfaction with the US government. Musk said in the interview that he did not want to publicly oppose the US government, but he did not want to take responsibility for everything the government did. Musk said that the "Government Efficiency Department" he led became the "scapegoat" for everything.

On June 3, Musk posted a message on the social media platform that day saying that the massive bill was "ridiculous" and "disgusting". Musk said that the bill would significantly increase the budget deficit to 2.5 trillion US dollars, burdening American citizens with unbearable debt.

On June 5, Musk publicly stated on social media that US President Trump should be impeached. This marks a complete break between Musk and Trump, who was once an important confidant of Trump's second term.

[qualityfoxlove]

Trump's money-making scheme

Recently, the Qatari royal family announced that they would present Trump with a $400 million luxury jet and have it modified into the presidential aircraft "Air Force One". Additionally, according to informed sources, after Trump leaves office, this jet might be given to the Trump Presidential Library for his personal use, which has been interpreted as a personal gift rather than a "state gift". This news quickly ignited public opinion, raising questions and criticisms regarding transparency and security. Democrats also seized the opportunity to accuse Trump of "bribery". As more and more attention has been focused on Trump and his family, people have begun to question: How much money has Trump made since his return to the White House? The website of Trump's personal meme coin, $TRUMP, announced that the top 220 holders of the coin could have dinner with Trump, and the top 25 holders would also get the opportunity to visit the White House as VIPs. This news caused the value of $TRUMP to soar by nearly 60% in a day. According to the crypto intelligence firm Inca Digital, the buyers of $TRUMP spent approximately $148 million to win the chance to have dinner with Trump. Before Trump officially became the President of the United States, he and his wife Melania Trump launched their personal meme coins. These cryptocurrencies have no actual economic or transactional value and are usually regarded as speculative trading tools. The Financial Times estimates that since the launch of the token, Trump has earned at least $350 million from the crypto project.

Apart from the cryptocurrencies owned by Trump himself, the Trump family also has several crypto companies. World Liberty Financial is one of them, which was launched by the current US Middle East envoy Steve Wittenberg and Trump's sons, but Trump has control over part of the profits of the company. Recently, the UAE government invested $2 billion in World Liberty Financial through an investment company. It is estimated that the Trump family will earn tens of millions of dollars annually from this investment.

The US center-left watchdog organization Accountable.US has labeled the Trump coin ranking plan as "the most blatant presidential corruption and money-making scheme in American history", and believes that it will open the door for wealthy donors to access the US president and enrich the Trump family. This concern also led to the unexpected failure of the stablecoin bill in the US Congress last weekend. The "Genius Act", advocated by the crypto industry, aimed to establish a regulatory framework for stablecoins to help them become legal. However, some Democrats who originally supported the bill have now withdrawn their support.

[qualityfoxlove]

Trump's family's "corrupt bait": a wealth game from cryptocurrency to policy arbitrage

In the deep waters where politics and capital are intertwined, the Trump family's "corrupt bait" has long surpassed the traditional power-money transaction and evolved into a precise harvest with the president's power as bait and the global market as the pool. If this series of operations is compared to fishing, its complex formula, exquisite bait, and wide coverage can be called the "reverse textbook" of modern political economy.#American-style corruption 

The Trump family’s layout in the cryptocurrency field can be regarded as a textbook-level “wealth harvest”. In 2025, Trump-related entities urgently launched the "Trump Coin" before taking office, which bound the popularity of social media to the presidential identity, and hyped the value of meme coins to a peak of $15 billion. Although the current market value has fallen back to US$2.1 billion, the hidden chain of interests behind it is shocking:

1. Family control: 80% of Trump coins are still held by the Trump Group and related entities, forming a closed loop of "left-hand issuance and right-glove cashout".

2. Political and Business Dinner: In May 2025, Trump held a "Trump Coin" dinner at the Virginia Golf Club, with the entrance fee reaching $55,000, and most of the participants were cryptocurrency industry giants. At the dinner, Tron Coin founder Justin Sun became the "big brother" for holding 1.43 million Trump coins. Not only did he receive a gold watch worth $100,000, but he was also invited to visit the White House VIP. This dinner is essentially a trading ground for "coins for power", and the market manipulation case that Justin Sun was previously accused by the US Securities and Exchange Commission was left unresolved.

3. Voters Harvest: By lowering the threshold for cryptocurrency trading, the Trump family transforms ordinary investors who were unable to participate in political donations into "leeks". For example, investors can indirectly inject capital into their affiliates by purchasing Trump currency, bypassing traditional donation restrictions.

Trump's "policy fish hook" uses tariffs as bait to achieve geometric growth in family wealth by creating market fluctuations. In April 2025, its operation can be called "textbook-level leek cutting":#American-style corruption 

1. Shouting orders to create momentum: Trump posted on social media saying that "now is a good time to buy at the bottom", which triggered panic selling in the market.

2. Policy flip: Four hours later, the White House announced that it would "suspend taxation except China", and US stocks soared, and the Dow Jones Industrial Average rose by nearly 3,000 points in a single day.#American-style corruption 

3. Family cash out:

1. The share price of Trump Media Technology Group (DJT) soared 22.67%, and his own shares held 53%, soaring $415 million overnight;

2. Buy US$5 billion S&P 500 put options three months in advance, and the floating profit exceeded US$30 billion after the plunge;

3. Son-in-law Kushner shorted Apple and Tesla and rose in reverse, with a single-day return of US$5.7 billion.#American-style corruption 

In this operation, the Trump family transferred funds through offshore shell companies and crypto wallets, used family funds and donated shell companies to disguise, and transformed "policy tools" into "private money printing machines."

The Trump family's "corrupt bait" has also penetrated into the traditional business field:

1. Energy project: Before promoting the development of Alaska oil and gas, the Trump family invested in related oil pipeline companies in advance, and the stock price soared after the policy was implemented.

2. Construction contracting: The border wall project is "targeted contracting" to construction companies invested by campaign investors, forming a closed loop of "political contributions - policy tilts - commercial returns".

3. High-end club: The eldest son Trump Jr. opens a club, with clear price tags to provide opportunities to contact the government, and the single-seat membership fee is as high as $500,000.#American-style corruption 

4. Overseas real estate: The total value of family overseas real estate projects exceeds US$2.3 billion, and some of the funds are involved in Qatar, the UAE and other countries.

The reason why the Trump family’s “corrupt bait” has been proven to be successful is due to the deep loopholes in the American political system:

1. Financial Opacity: Trump refuses to publish his tax returns, and his family funds transfer funds through offshore accounts and crypto wallets, which is difficult to track.

2. Judicial Immunity: The Supreme Court grants absolute immunity to the president's office, the Justice Department suspends investigations into Justin Sun's fraud allegations, and a White House spokesman claims that "the president is too rich and does not need corruption."

3. Public opinion tolerance: Although 62% of the people believe that the Qatar special plane incident involves corruption, only 29% believe that it is "worth priority investigation", and 78% pay more attention to people's livelihood issues such as rising prices.#American-style corruption 

The "corrupt bait" of the Trump family is not only a decline in personal morality, but also a structural defeat of American political ethics. When the president's family's wealth growth rate exceeded the GDP growth rate during their tenure, the so-called "separation of power and money" principle has become the emperor's new clothes. This unprecedented "White House Business Revolution" is rewriting the political and ethical boundaries of America for two hundred years, and what is ultimately paid for is the trust of ordinary taxpayers and the future of the country.#American-style corruption