Trump’s Truth Social business blurs the line between politics and profit
Donald Trump’s latest business venture – selling advance access to his market-moving Truth Social posts – further intertwines his presidential role with his private financial interests, allowing paying customers to receive information that could influence markets before it is made public.
It has been said that Donald J Trump wants to be one of the “great men of history”. What the philosopher Hegel meant by that term, according to Wikipedia, was “highly influential and unique individuals who, due to their natural abilities, such as superior intellect, heroic courage, extraordinary leadership abilities or divine inspiration, have a decisive historical effect.”
Trump may get his wish. Millennia from now, he could be as famous as the Roman emperors Nero and Caligula.
Trump is far and away the most corrupt head of government in American history. In the last year, says Reuters, he made $2.3 billion on his and his son’s crypto enterprises alone. Much of this was earned by issuing tokens – i.e. a meme coin, $TRUMP, created out of thin air – which inflated in value, then fell, costing investors that same $2.3 billion that the Trump enterprise gained.
Then there is the effective sale of presidential pardons and corporate favours. While the Trump administration denies a connection, the pardons and........
