Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
The Staggering Amount A President Is Profiting From the Presidency Revealed
Unlimited shamelessness. ...Remember that news story exposing the fact that the address of some outfit selling his watches was nothing but a PO Box in Wyoming? I gotta go find that again, now. Orange oink oink. https://gettrumpwatches.com/pages/contact
...But they have no connection to the Orange Filth. He just lets them pay to use his name. How convenient, not to own a conscience, eh?
"In response to the report, White House press secretary Karoline Leavitt told the Daily Beast: 'The media’s continued attempts to fabricate conflicts of interest are irresponsible and reinforce the public’s distrust in what they read. Neither the President nor his family have ever engaged, or will ever engage, in conflicts of interest.'”
Here's a link to the referenced New Yorker story which describes Trump's plutocracy in much greater detail. Warning—it's a very long story! https://archive.ph/drmM0
Excerpt: "...A political campaign fund cannot pay a candidate’s personal legal bills. But Trump found a loophole: a campaign fund can be converted into a political-action committee, and the looser restrictions on a PAC allow the use of donor funds to pay such expenses. Through his PACs, Trump has spent more than a hundred million dollars of his supporters’ contributions to defend himself against an array of charges: that he defamed E. Jean Carroll while denying her account of his sexual assault, that he fraudulently hid a payoff to a porn star during the 2016 campaign, that he conspired to overturn the results of the 2020 election, and that he stole and hid classified documents after leaving the White House. Unless all those charges are part of a vast deep-state conspiracy, relieving Trump of the bills looks like a hundred-million-dollar gift for personal expenses..."
prior to the 2024 election, trump was on the hook for ~1b in real estate debt, and another ~0.5b in litigation fees. also, melania never made a single dime other than her, uh, historical asset sale to donald. thanks to the potus win, they suddenly became business geniuses and the rest became history.
congrats gop, as well as hundreds of millions of unwilling taxpayers.
Comments
https://gettrumpwatches.com/pages/contact
...But they have no connection to the Orange Filth. He just lets them pay to use his name. How convenient, not to own a conscience, eh?
'The media’s continued attempts to fabricate conflicts of interest are irresponsible
and reinforce the public’s distrust in what they read.
Neither the President nor his family have ever engaged, or will ever engage, in conflicts of interest.'”
Warning—it's a very long story!
https://archive.ph/drmM0
"...A political campaign fund cannot pay a candidate’s personal legal bills. But Trump found a loophole: a campaign fund can be converted into a political-action committee, and the looser restrictions on a PAC allow the use of donor funds to pay such expenses. Through his PACs, Trump has spent more than a hundred million dollars of his supporters’ contributions to defend himself against an array of charges: that he defamed E. Jean Carroll while denying her account of his sexual assault, that he fraudulently hid a payoff to a porn star during the 2016 campaign, that he conspired to overturn the results of the 2020 election, and that he stole and hid classified documents after leaving the White House. Unless all those charges are part of a vast deep-state conspiracy, relieving Trump of the bills looks like a hundred-million-dollar gift for personal expenses..."
prior to the 2024 election, trump was on the hook for ~1b in real estate debt, and another ~0.5b in litigation fees. also, melania never made a single dime other than her, uh, historical asset sale to donald.
thanks to the potus win, they suddenly became business geniuses and the rest became history.
congrats gop, as well as hundreds of millions of unwilling taxpayers.