Tag: Grifter-In-Chief

Trump Crypto Was Good for Trump, But Nobody Else

Buck Banks

$3.81 billion

“An up-to-date tally of Trump followers turned crypto investors is in. And for them, the overall results are remarkably bad,” the New York Times reports. “Nearly 1 million people who bought President Trump’s memecoin have lost money through the end of June, according to a report by the cryptocurrency analytics firm Nansen. Their losses total $3.81 billion.”

Trump Is Reaching New Heights (Depths?) of Corruption

Buck Banks

“This administration is dripping with corruption from top to bottom, but rushing a settlement to steal $1.7 billion taxpayer dollars for a slush fund before a judge can toss your junk lawsuit would be among the most corrupt acts in American political history. This lawsuit has never been anything more than a shakedown of the American people by a crook president and his crook lawyers.”

— Sen. Ron Wyden (D-OR), quoted by CNBC, on the reported settlement proposal the Justice Department has with President Trump for his lawsuit against the IRS.

Qatari Plane ‘Gift’ Is a White Elephant

Buck Banks

“While many have speculated that the Qataris have offered Trump the luxurious plane to curry favor with the famously transactional president, there may be a simpler rationale: they just don’t want it anymore. … The royals have failed to sell the plane, which was put on the market in 2020, according to an archived listing. Giving it away could save Qatar’s rulers a big chunk of change on maintenance and storage costs… Making Trump happy would be an added bonus.”

— Forbes

Trump Meme Coin Brings in $100 Million for the Grifter-in-Chief

Buck Banks

$100 million

“Buyers have poured tens of millions of dollars into President Donald Trump’s meme coin since his team advertised Wednesday that top purchasers could join Trump for an ‘intimate private dinner’ next month,” the Washington Post reports. “Nearly two dozen crypto wallets acquired more than 100,000 $TRUMP meme coins, worth roughly $100 million.”