The president is a brazen fraud, but the Democrats are too compromised to challenge him.
There has never been an American politician like naked corrupt like Donald Trump, which makes even the most famous scammers of the Gallery History, which includes William Marsi Boss Tvid, Warren G. Harding and Richard Nixana-look like foam-man. These scoundrels only paid the tune of thousands or millions of dollars, while Trump entered the kingdom of billions in the second term.
But Trump’s corruption is more than a large issue of its giant or the amount of money in the game. No preliminary crooked civil servant enjoyed such a complete impunity of any serious consequences for complete lawlessness. Institutes that take part in constitutional obligation to keep the president criminal Extension already generous latitude The presidential immunity to cover Trump’s crime, and Congress repeatedly refused to investigate shady financial transactions in which the Trump family is engaged in two terms. Most of the perpetrators in this situation go to the Republican Party, which collectively decided that Trump is a political goose that continues to put selective gold to need to be protected at any cost. The closest subordination of GOP was obvious in 2021, when, even after Trump incited the riot to attack the Capitol, only seven Republican senators voted for his condemnation after his second impeachment.
Trump’s corruption takes a lot of forms – recently Using the threat of tariffs to strongly arm yourself with other countries to become customers of Starlink Elon Musk and Plan to accept Jumbo Tek as a gift from the Qatar government.
Current Issue
But the Democrats were not innocent of Trump’s perpetrators from repeated punishment. While the Democrats were more than ready to investigate the impeachment of Trump on national security (the case of Russia and Trump Quid Pro attempts with the Ukrainian president), as well as attempts at the 2021 coup, the alleged opposition party was less ready to make many fitness business practices of Trump, who were only brazen. Notably, there was a reluctance to follow the Trump family for his business ties with avoticas in the Middle East– Perhaps because the oligarchs in Saudi Arabia and the United Arab Emirates are so deeply intertwined with the American political elite. It is difficult to avoid the conclusion that one of the reasons that Trump does not have a great extent left without the limited both parties to financial corruption is that the vaccination is too common in Washington to risk.
The discussion over the regulation of the crypto -revolution illustrates both Trump’s corruption and the Democrats’ inability to oppose it effectively. On May 1, at a conference in Dubai Zak Vitkoff – who is just the son of Trump’s Messenger in the Middle East, Steve Witco, and the founder of the Liberty Financial World Company, the Trump family – made a wonderful discovery. As The New York Times reportWitkoff has announced that “the so -called stabel developed by the firm will be used to complete the transaction between the Emirati MGX and Binance state investment firm, the world’s largest crystall exchange.”
A Term Proposed a detailed explanation why this new enterprise crossed ethical and legal lines:
Almost every detail of Mr. Vitco’s announcement made during the conference with the second paemers Mr. Trump contained a conflict of interest.
Using the MGX World Liberty Stablecoin, USD1, cites Trump’s family company with a venture firm supported by a foreign government. The transaction creates an official connection between the world freedom and the binance campaign, which has been under the supervision of the US government since 2023, when it confessed to the federal money laundering law.
And the magnificent announcement served as a cry -in -investors around the world about the potential for creating a partnership with a company related to President Trump, which is included in the World Liberty Crypto List.
The problem with the Trump’s crystals can be characterized more widely as a conflict of interest: Crypto is often a shadow industry that survives only, allowing legally questionable financial operations, and Trump as president is governed by the government governing this industry. Trump at the same time is Kryptor -Investor, Krypto -Regulators -and a politician whose company is actively funded by crying money.
Not only does Trump have no conflict in this area. As Jacob Silverman Recently reported In the article for Nation“Crypto, despite the relative commercial flop, penetrated US politics.” “In the 2024 political campaign cycle,” said Silverman, “Krypto was the largest industry donor, raising more than $ 197 million.”
In the most recent cycle, most crypto -people went to the Republicans who found a natural commitment to the industry, which pushes the deregulation in the name of capitalist freedom. But Crypto Money also went to a significant sector of the Democrats, mostly centrists based in New York, such as Senator Kiresten Gilibrand and Richie Torres representative, but also a progressive representative of the Silicon Valley. Crypto Kingpin Sam Bankman-Friered His In jail for fraud in 2023-was The second -largest Democratic Democratic Party donor In the 2020 election cycle, giving more than $ 40 million. But let it be given to the Republicans or the Democrats, Kryptos have always been deeply reactionary, pushing the deregulation agenda and often consistent with the impetus to clean the progressives from politics. According to Silverman, it is no coincidence that the crypt -ou has taken merit for the defeat of permanent progressives, such as Senator Sherrod Brown and representatives of Jamaal Bowman and Katie Porter.
With shameless crypto -corruption of Trump, which now acquire headlines, the Democrats remain torn in regulation. As Axios reportsLast week, Democratic lawmakers in Washington held a “tense” meeting: “Crypto divides Democrats into politics and politics. Some progressives like Senator Elizabeth Warren (D-Mass), concerned about fraud and corruption. indications and compliance Axios It is not mentioned that “firm recommendations and confidence in the field of regulation” are crypto -efemism for a friendly regulation mode, which legalizes many risky legal practices that make investors wary.
Democrats need to firmly take a cry -corruption position. Unfortunately the leader of the majority of Senate Chuck Sumer who is yourself in the camp gap And it seems to be the eager recipient of the crypt -the Money seems to have settled on the decision offered by just a political theater, not accountability. As David Daine interpret in American perspectiveSumer tried to satisfy progressive criticism, pushing a bill that will not be adopted, which will cover the gaping democrats that vote for the industry’s brilliant act written by Republicans:
This is a classic tactical step if the Democrats want to convey something, but know that the optics is bad: come up with another bill that will never pass so they can pretend they don’t care. Meaning. Chuck Sumer and Jeff Mercley submitted Complete the Corruption Corruption Actwho would ban the president, the vice -president, high -ranking officials of the executive, members of the congress, and their direct families from the financial benefit from the Cryptus, which they issue or support, including stable. This is a bill, which is certainly needed in modern conditions, but it will never receive voting from the Republican Senate, and it gives a protective valve to those Democrats who want to accept a brilliant act, saying that they support the “stop -corruption”.
As my Nation Colleague Zepyr Teachout to summarize the results“Democrats (are) actively support Trump’s extreme corruption.” It’s sharply but for sure. The current cry is the basis of why the Democrats were so ineffective in the fight against Trump and Trump: you cannot resist the depressed influence of big money if you are deeply compromised. Democrats lead a bilateral battle: they need to clear their own home so that they can also defeat Trump.
More than Jeet Heer 
Recently, as January 20, it looked like the conservatives were on the way to the historical victory, but then Trump came to power.
