Flagrant Corruption At The Highest Level -- Digby

[erronis]

https://digbysblog.net/2025/05/01/flagrant-corruption-at-the-highest-level/

I just don’t know what to say about this (gift link)

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.

Zach Witkoff, a founder of the Trump family crypto firm, World Liberty Financial, revealed that a so-called stablecoin developed by the firm, would be used to complete the transaction between the state-backed Emirati investment firm MGX and Binance, the largest crypto exchange in the world.

Virtually every detail of Mr. Witkoff’s announcement, made during a conference panel with Mr. Trump’s second-eldest son, contained a conflict of interest.

Yes, that’s Trump’s foreign envoy Steve Witkoff’s son. Just wow.

The good news is that none of these people were involved with a foreign company in Ukraine years ago. That would immediately trigger years of congressional investigations and a Special Prosecutor.

This is just fine. It’s all fine. Move along…

[Irish_Dem]

1. They don't even bother to hide it.

The Trump family may end up being the richest family in the US when
Trump leaves office.

Trump's goal is to be a trillionaire according to his long time advisor, Michael Cohen.

[sop]

4. Trump figured out years ago "it's not the crime, it's the cover up."

American political media always focuses on the cover up, not the crime. Trump realized committing his crimes in plain view, to the point of bragging publicly about the huge sums of money his scams bring in, gives him a special sort of immunity.

[Irish_Dem]

5. Yes it has been a very clever and successful strategy.

Most people assume that it must not be a crime if he does it in public and brags about it.

[Whyisthisstillclose]

2. The horrors are coming so fast it is like trying to drink from a fire hose.

I fear that complete and total corruption is being normalized and accepted by so many that there is no way to claw our way back. We are being overwhelmed.

[progressoid]

3. A year ago, the media was obsessing over the Biden laptop,

and the supposed Biden crime family (yes, they called it that).

Now they are silent.

[spanone]

6. Somebody lock this mf'er up, please!