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Play Nice 47th President of the United States: Donald Trump - Part 22: Insert Blame Here

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<-- Part 21 "Alien vs Predator" can be found here.

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<- 2024 Election Thread<- Kamala Harris Concedes<-- See Part 21.

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Thanks all.
 
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The Center for American Progress has a real time grift tracker for how much bank he's making in real time

Trump’s Take​

$1,807,296,055
Cash and gifts received by Trump over the past 398 days.

Let's unpack.

background-top.webp

Cashing in on the presidency​

“Trump’s Take” is a real-time financial tracker documenting the cash and gifts that President Donald Trump and his family have received by selling the presidency. For our purposes, the family includes President Trump, Melania Trump, Donald Trump Jr., and Eric Trump, hereafter referred to collectively as the “Trump family,” but excludes Ivanka Trump and Jared Kushner.
Trump has made most of the cash by launching his own crypto ventures—reversing his outspoken, skeptical stance on crypto—while aggressively deregulating the industry. Trump takes a cut in cash from the trades and sales of the family’s coins and tokens along with stablecoin interest. The “take” is the cash he has received calculated in real time, based on actual trading activity and stablecoin interest. It can only go up. We have also added the value of the gifts, legal settlements, and the income from Melania Trump’s documentary paid directly to Trump or to his presidential library.
Due to the complex nature of these earnings, which are channeled through multiple financial vehicles, our calculations are constantly being updated and refined. A comprehensive methodology detailing the determination of the Trump family’s crypto income is available here.
We have excluded income from assets Trump had before his November 2024 election victory—including real estate, hotels, licensing deals, and more—even though their value has inarguably increased as a result of his election. We made one notable exception by including income from his first crypto venture, World Liberty Financial Inc. (WLFI). WLFI launched in September 2024, and nearly all of the income from this venture was made after his election in November of the same year.

$7.5B​

Trump’s net worth increase

Trump’s crypto ventures have added at least $7.5 billion of “paper worth” to his overall net worth since early 2024, with most of that gain occurring after his election. This represents the estimated value of the family’s flagship crypto venture holdings and Trump Media, Truth Social’s parent company, which holds billions of dollars in Bitcoin. As of publication, this growth in net worth remains unrealized, and therefore is not yet reflected in the total take. However, it has the potential to generate billions of dollars in additional cash for the Trump family when sold, at which point we will reflect it in the total.

So what?​

Who buys this stuff? These crypto schemes open up many opportunities for corruption. Honest Americans can easily wonder: If a foreign company wanted a lawsuit dropped or a foreign country wanted tariff relief, would they simply need to buy enough meme coins? If a criminal were looking for a pardon, would they just need to purchase secret digital tokens? A September report from Accountable.US showed tokens from one of the Trump family’s crypto ventures were “sold to a variety of highly suspicious entities that appear to have connections to North Korea, Iran and Russia, as well as known money-laundering platform Tornado Cash.” The possibilities, and the consequences for the American people, are endless. There is plenty we still don’t know, but what we know now is already concerning.

How much more has he made?

Donald Trump’s businesses have also profited off of hosting political and official events at Trump-owned properties, licensing deals in foreign countries, and NFTs. More details will be added to this tracker in the coming months if more details from disclosure reports become available.

Is this legal?​

Presidents are subject to ethics laws, primarily those governing the disclosure of income and assets. The use of complex LLCs and trusts, such as those outlined in Trump’s own financial disclosures, can obscure the full picture of how Trump has profited from his office. Recent decisions by the U.S. Supreme Court have limited the public’s ability to fight violations of the public trust. Ultimately, Trump’s actions raise significant concerns about conflicts of interest and evidence of a system that fails to protect the American people from runaway corruption. The solution to this problem is to pass new laws to stop any president from having the ability to use their office for personal gain and for prosecutors to have independent jurisdiction to take on government corruption.

 
Its going well. The latter does not stop the former. And nor has it.
So, the war on drugs continues, and like any war, it has its ups and down. Like the head of state of the main belligerent pardoning one of his enemies who was instrumental in importing $400 million of drugs.

But that’s nothing Churchill, or Truman, or Chifley didn’t do in Nuremberg or Tokyo or Morotai.
 

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The Center for American Progress has a real time grift tracker for how much bank he's making in real time

Trump’s Take​

$1,807,296,055
Cash and gifts received by Trump over the past 398 days.

Let's unpack.

background-top.webp

Cashing in on the presidency​

“Trump’s Take” is a real-time financial tracker documenting the cash and gifts that President Donald Trump and his family have received by selling the presidency. For our purposes, the family includes President Trump, Melania Trump, Donald Trump Jr., and Eric Trump, hereafter referred to collectively as the “Trump family,” but excludes Ivanka Trump and Jared Kushner.
Trump has made most of the cash by launching his own crypto ventures—reversing his outspoken, skeptical stance on crypto—while aggressively deregulating the industry. Trump takes a cut in cash from the trades and sales of the family’s coins and tokens along with stablecoin interest. The “take” is the cash he has received calculated in real time, based on actual trading activity and stablecoin interest. It can only go up. We have also added the value of the gifts, legal settlements, and the income from Melania Trump’s documentary paid directly to Trump or to his presidential library.
Due to the complex nature of these earnings, which are channeled through multiple financial vehicles, our calculations are constantly being updated and refined. A comprehensive methodology detailing the determination of the Trump family’s crypto income is available here.
We have excluded income from assets Trump had before his November 2024 election victory—including real estate, hotels, licensing deals, and more—even though their value has inarguably increased as a result of his election. We made one notable exception by including income from his first crypto venture, World Liberty Financial Inc. (WLFI). WLFI launched in September 2024, and nearly all of the income from this venture was made after his election in November of the same year.

$7.5B​

Trump’s net worth increase

Trump’s crypto ventures have added at least $7.5 billion of “paper worth” to his overall net worth since early 2024, with most of that gain occurring after his election. This represents the estimated value of the family’s flagship crypto venture holdings and Trump Media, Truth Social’s parent company, which holds billions of dollars in Bitcoin. As of publication, this growth in net worth remains unrealized, and therefore is not yet reflected in the total take. However, it has the potential to generate billions of dollars in additional cash for the Trump family when sold, at which point we will reflect it in the total.

So what?​

Who buys this stuff? These crypto schemes open up many opportunities for corruption. Honest Americans can easily wonder: If a foreign company wanted a lawsuit dropped or a foreign country wanted tariff relief, would they simply need to buy enough meme coins? If a criminal were looking for a pardon, would they just need to purchase secret digital tokens? A September report from Accountable.US showed tokens from one of the Trump family’s crypto ventures were “sold to a variety of highly suspicious entities that appear to have connections to North Korea, Iran and Russia, as well as known money-laundering platform Tornado Cash.” The possibilities, and the consequences for the American people, are endless. There is plenty we still don’t know, but what we know now is already concerning.

How much more has he made?

Donald Trump’s businesses have also profited off of hosting political and official events at Trump-owned properties, licensing deals in foreign countries, and NFTs. More details will be added to this tracker in the coming months if more details from disclosure reports become available.

Is this legal?​

Presidents are subject to ethics laws, primarily those governing the disclosure of income and assets. The use of complex LLCs and trusts, such as those outlined in Trump’s own financial disclosures, can obscure the full picture of how Trump has profited from his office. Recent decisions by the U.S. Supreme Court have limited the public’s ability to fight violations of the public trust. Ultimately, Trump’s actions raise significant concerns about conflicts of interest and evidence of a system that fails to protect the American people from runaway corruption. The solution to this problem is to pass new laws to stop any president from having the ability to use their office for personal gain and for prosecutors to have independent jurisdiction to take on government corruption.

FMD.
 
I would have thought that the customers (importers) would have already negotiated the best possible price to start with. If the exporter is able to so freely reduce their profit margin then it just means the importer didn't do their due diligence in finding the best deal for them in the first place.

At best tarrifs might incentivise the importer to do their due diligence if they haven't. Otherwise Tarrifs are really a non-factor in the exporters reducing their price.

Though I haven't heard of exporters reducing the price of their products, but that may be because I haven't been looking.
IIRC there was a study done on the effect on prices with a tariff being imposed.
About 85% of the time the value of the tariff is passed on directly to the end price.
The other 15% of times were a combination of the Exporter reducing price and the Importer reducing margin - prices still rose but not as much as the tariff value.
 
And California, and New Mexico, Nevada, Utah, and parts of Colorado and Wyoming...

But although I'm always only too happy to put the boot into US aggression, and though in the US Mexican War, as in every war, the devil is in the detail, I think the general consensus is that that war was not so much a consequence of US aggression so much as the arrogance of stupidity of the Mexican government.

The US wasted no time in snatching an astonishing amount of territory once they'd defeated Mexico, but gee, if Mexico hadn't started that war in the first place...


Ever heard of Manifest Destiny and the Westward push? From what I understand, Yanks had already been illegally migrating to these Mexican territories for decades and beginning to establish their own settlements and towns that defied Mexican laws and followed those from the US such as 'owning' slaves for example.

It's unfortunate that Mexico looked the other way for far too long (with the main government being thousands of miles away in Mexico city) and paid the price for reacting to the threat these illegal aliens posed far too late.

Like the saying goes every accusation is a confession and that's exactly why many Yanks (everyone in the North and South America is an 'American') have a visceral deep hatred of those South (Mexicans and other brown people) of the border because they know how exactly they came into possession of those former Mexican territories (as well as the other Native American territories obviously) and they are terrified the same fate will happen to them in the future.

Mexico could have reacted earlier those illegal aliens but they had been busy fighting a decades long civil war and exhausted as a result of it, as well as the fact that these territories remained sparsely populated (most towns just had a few thousand people living them and others just hundreds) for decades if not centuries so they were relatively easy to take over by a foreign entity that was exploding and bursting at the seams population wise just right next door to the East.

Blaming Mexicans for the Yank expansion is like blaming any other colonial victim for the expansion of the aggressor. If you're pro Palestine for example it would idiotic hypocrisy since neighbouring Muslims were the first to wage war on the Israelis settlers and lost. At least Jews have evidence that they have genetic roots native to the area (Jews have on average around 50% Middle Eastern ancestry) whilst European Yanks have practically no Native American ancestry or at best negligible.

Mexicans on the other hand are overwhelmingly indigenous. Even though some claim Mexicans are 50% European, that is unrealistic (20% to 30% on average is more realistic, some are close to being 100% European whilst other 100% indigenous) as only a relatively small percentage of people (less than 10% from an already modest population) from Iberia migrated to the Americas.

And a large portion of lands that were claimed by Spain and Portugal remained under indigenous control for centuries. In other words large swathes of territories that were claimed by Spain and Portugal were really on paper only as these European countries had almost no real tangible control nor interest of all of Latin America, just the main large cities.

It's only after independence that a large portion of these lands were paid any significant attention and the population in these territories were gradually assimilated in the 1800s onwards by 'mestizos', people of mixed ancestry anywhere from 10% (practically white) to 90% indigenous.
 

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Yes imagine how hard it would be to google one of the hundreds of stories about it.
And it took me a grueling 15 seconds to find financial data about Trump making bank.
But you know, golly it’s all a mystery.
Hence why it’s not worth the paper it’s written on. Have you examined all the claims forensically and tried to prove any of them wrong?
 
IIRC there was a study done on the effect on prices with a tariff being imposed.
About 85% of the time the value of the tariff is passed on directly to the end price.
The other 15% of times were a combination of the Exporter reducing price and the Importer reducing margin - prices still rose but not as much as the tariff value.
Yep, don’t disagree with that.
What’s interesting in the Vietnam example is that exports rose in spite of the tariffs.
Could be a seasonal thing or maybe the importer suspects that there will be a further tariff rise so is getting in early at the cheaper tariff. Or the product was significantly undervalued at the old price and any rise in price still has no impact on demand.
 
What’s interesting in the Vietnam example is that exports rose in spite of the tariffs.

Vietnam had lower tariffs than China. Manufacturing was shifted from China to Vietnam.

Same thing happened during Trumps' previous term.


It's an expected outcome. Manufacturing of that kind within the US is simply not going to be price competitive even with the tariff added to the cost of goods from Vietnam, or China.
 
On the contrary, there is nothing unexpected in what he is doing. He is simply putting in place actions to support his promises. ie Peace in the Middle East, tariffs on imports, tighten up the borders, crack down on illegal immigrants, crack down on Federal waste, end wokeness in government and yes that means men in womens sports.
These are all things he strongly campaigned on.

On the flip side none of the doom and gloom has come true.
Abortions are still a state based matter despite the crazy belief he would ban them, democracy has not ended - elections take place as they always have, the list goes on and on and on.

People see through all the hysteria. They look at what is happening to them in real terms.
Continuing to lie about what he will do or has done is just sinking the Dems further and further away from mainstream USA
You'd make a good fox news host with your alternative facts/lies .

Quite clearly you're trolling this thread so will not be engaging again .
 
Hence why it’s not worth the paper it’s written on. Have you examined all the claims forensically and tried to prove any of them wrong?
Seriously dude just give it up. The Sealion schtick works with poorly informed people who are easily baited.
You're out of your league here. Try Facebook or another forum where people rage post without engaging their brain or researching anything.
 

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Yep, don’t disagree with that.
What’s interesting in the Vietnam example is that exports rose in spite of the tariffs.
Could be a seasonal thing or maybe the importer suspects that there will be a further tariff rise so is getting in early at the cheaper tariff. Or the product was significantly undervalued at the old price and any rise in price still has no impact on demand.
The Trump administration is clearly of the belief that China is using Vietnam as a backdoor for rebadged exports to the United States.
 
Yep, don’t disagree with that.
What’s interesting in the Vietnam example is that exports rose in spite of the tariffs.
Could be a seasonal thing or maybe the importer suspects that there will be a further tariff rise so is getting in early at the cheaper tariff. Or the product was significantly undervalued at the old price and any rise in price still has no impact on demand.
Or, Trump is tariffing products that there is no alternative market to purchase - which is pretty much an economic own goal
 
No, its not shifting waste. Its making the spending of money more efficient.
In terms of lower prices and fixing the economy, that is not a 'click your fingers' and its done problem. Most people understand that.
The economy was in good shape before he took over. It wasn’t a ‘problem’. Trump is the one who has made a mess of it. Do you understand that?
 

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Play Nice 47th President of the United States: Donald Trump - Part 22: Insert Blame Here

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