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yahoo news | Trump Is Rooting Around in the Public Trough

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The article argues that Donald Trump’s second term is fundamentally a scheme for personal enrichment and oligarchic rule, showing little concern for ordinary Americans’ economic hardships. It cites his blunt admission that he “doesn’t think about Americans’ financial situation” in discussions about Iran, his frivolous $10 billion lawsuit against the IRS and alleged settlement to avoid audits, and his pressure on the FDA and Health‑Human Services to fast‑track tobacco‑related products in exchange for campaign money. The piece also highlights Trump’s exploitation of public assets—such as a proposed Florida real‑estate deal for a presidential‑library‑hotel hybrid and plans for a UFC arena on White House grounds—while using diplomatic trips to China to mingle with tech and finance moguls who stand to profit from his policies. Overall, the author portrays Trump’s presidency as a cash‑cow for himself and allied elites, prioritizing private gain over public welfare.

#Trump #IRS #ElonMusk #SteveSchwarzman #China #DonaldTrump #TimCook #JensenHuang

Trump Is Rooting Around in the Public Trough

Trump’s second term is unabashedly a project of self-enrichment and oligarchic rule.

The Nation

The Japan Times Sep 18, 2025

King Charles III called for the defense of Ukraine and the environment as he welcomed U.S. President Donald Trump and top tech and finance executives for a lavish state dinner at Windsor Castle. https://www.japantimes.co.jp/news/2025/09/18/world/apple-citi-trump-king-charles/?utm_medium=Social&utm_source=mastodon #worldnews #kingcharlesiii #apple #timcook #citi #janefraser #nvidia #jensenhuang #blackstone #steveschwarzman #arm #renehaas #rupertmurdoch #us #donaldtrump #uk

Apple and Citi CEOs join Trump and King Charles at state dinner

The guest list of the event nodded to the work that Trump and Prime Minister Keir Starmer face as they attempt to bring the special relationship back onto stronger footing.

The Japan Times

jeff Feb 5, 2025

@QasimRashid
maybe you'd want to do a piece on the cognitive dissonance of our Trumpist elites, in particular, at our beloved and much-needed NYPL? Thanks so much for your courage and work - terrific and inspiring to all of us. Jeff W #trump #irony #steveschwarzman #schwarzman #nypl #trumpistelites

Nonilex Oct 23, 2024

S&P 500 is up by more than half since #Biden took office. #Billionaires such as #SteveSchwarzman have doubled their net worth ($50bn in his case). Yet they're going for #Trump with eyes wide open. Edward Luce’s @FT column on "What Croesus wants from Trump".

https://archive.ph/2024.10.22-192444/https://www.ft.com/content/1698fc6f-fc2d-49d9-afd1-84b33367fc98

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Nonilex Jun 25, 2024

“His campaign would have you believe that our nation’s top chief #executives are returning to support Trump for #POTUS, touting declarations of support from some prominent financiers #SteveSchwarzman & #DavidSacks.”

“That is far from the #truth. They didn’t flock to him before, & they certainly aren’t flocking to him now. #Trump continues to suffer from the lowest level of #corporate support in the history of the #Republican Party.

#GiftArticle #BidenHarris2024 #economy #finance #Trumpaganda

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Cory Doctorow Jun 2, 2023

PE barons are shameless about presenting themselves as upstanding cits, unfairly maligned. When Obama made an empty promise to tax billionaires in 2010, Blackstone founder #SteveSchwarzman declared, "It’s a war. It’s like when Hitler invaded Poland in 1939."

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