New York Times: As Trumps Monetize Presidency, Profits Outstrip Protests

The president and his family have monetized the White House more than any other occupant, normalizing activities that once would have provoked heavy blowback and official investigations.

When Hillary Clinton was first lady, a furor erupted over reports that she had once made $100,000 from a $1,000 investment in cattle futures. Even though it had happened a dozen years before her husband became president, it became a scandal that lasted weeks and forced the White House to initiate a review.

Thirty-one years later, after dinner at Mar-a-Lago, Jeff Bezos agreed to finance a promotional film about Melania Trump that will reportedly put $28 million directly in her pocket — 280 times the Clinton lucre and in this case from a person with a vested interest in policies set by her husband’s government. Scandal? Furor? Washington moved on while barely taking notice.

The Trumps are hardly the first presidential family to profit from their time in power, but they have done more to monetize the presidency than anyone who has ever occupied the White House. The scale and the scope of the presidential mercantilism has been breathtaking. The Trump family and its business partners have collected $320 million in fees from a new cryptocurrency, brokered overseas real estate deals worth billions of dollars and are opening an exclusive club in Washington called the Executive Branch charging $500,000 apiece to join, all in the past few months alone.

Just last week, Qatar handed over a luxury jet meant for Mr. Trump’s use not just in his official capacity but also for his presidential library after he leaves office. Experts have valued the plane, formally donated to the Air Force, at $200 million, more than all of the foreign gifts bestowed on all previous American presidents combined.

And Mr. Trump hosted an exclusive dinner at his Virginia club for 220 investors in the $TRUMP cryptocurrency that he started days before taking office in January. Access was openly sold based on how much money they chipped in — not to a campaign account but to a business that benefits Mr. Trump personally.

https://www.nytimes.com/2025/05/25/us/politics/trump-money-plane-crypto.html

CNN: Trump warns America’s businesses: Eat my tariffs, or pay the price

President Donald Trump is sending a stern warning to Corporate America: He will use his bully pulpit to publicly shame companies that dare to raise prices because of tariffs.

Walmart:

After Walmart last week said it would have to jack up some prices because of high costs of the global trade war, Trump on Saturday responded forcefully in a Truth Social post, demanding Walmart reverse its decision.

“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump said. “Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”

The rebuke was the White House’s third such public reprimand of a big American business that discussed the possibility of raising prices because of the steep cost of tariffs.

Amazon:

On April 29, after Amazon reportedly considered displaying an additional tariff charge next to the listed price on its Haul platform, White House Press Secretary Karoline Leavitt at a press briefing held up a photo of Amazon Chairman Jeff Bezos and called the move a “hostile and political act.” Trump, whom a senior official described as “pissed,” called Bezos to complain, saying the company’s founder “solved the problem very quickly.”

Amazon said that although it was considering displaying the tariff cost, the plan was ultimately not approved and “not going to happen.”

Mattel:

A week later, on May 6, Trump threatened a 100% tariff on Mattel after the Barbie and Hot Wheels maker said it would have to raise prices. Mattel CEO Ynon Kreiz said Trump’s tariffs won’t bring toy manufacturing to America, because toys couldn’t be manufactured in America and still be sold at affordable prices.

“We don’t see that happening,” Kreiz told CNBC after Mattel warned that tariffs will increase toy prices for American consumers.

Trump fired back from the Oval Office, threatening the company and its CEO.

“We’ll put a 100% tariff on his toys, and he won’t sell one toy in the United States, and that’s their biggest market,” Trump said. “I wouldn’t wanna have him as an executive too long.”

Trump = a narcissistic bully suffering a severe case of arrested development!

https://www.cnn.com/2025/05/19/business/trump-tariffs-price-consumers

Washington Post: U.S. pushes nations facing tariffs to approve Musk’s Starlink, cables show

Some countries have turned to the satellite internet firm in conjunction with trade talks, State Department staffers wrote. The U.S. has a strategic interest in countering Chinese internet providers, but Musk’s role complicates the picture.

Corruption at its finest!

Less than two weeks after President Donald Trump announced 50 percent tariffs on goods from the tiny African nation of Lesotho, the country’s communications regulator held a meeting with representatives of Starlink.

The satellite business, owned by billionaire and Trump adviser Elon Musk’s SpaceX company, had been seeking access to customers in Lesotho. But it was not until Trump unveiled the tariffs and called for negotiations over trade deals that leaders of the country of roughly 2 million people awarded Musk’s firm the nation’s first-ever satellite internet service license, slated to last for 10 years.

The decision drew a mention in an internal State Department memo obtained by The Washington Post, which states: “As the government of Lesotho negotiates a trade deal with the United States, it hopes that licensing Starlink demonstrates goodwill and intent to welcome U.S. businesses.”

Lesotho is far from the only country that has decided to assist Musk’s firm while trying to fend off U.S. tariffs. The company reached distribution deals with two providers in India in March and has won at least partial accommodations with Somalia, the Democratic Republic of Congo, Bangladesh, Pakistan and Vietnam, although this is probably not a comprehensive count.

Hopefully there will be some prosecutions after the 2028 elections!

https://www.washingtonpost.com/business/2025/05/07/elon-musk-starlink-trump-tariffs

The Atlantic: Trump’s Inevitable Betrayal of His Supporters

On Sunday, Donald Trump went on TV and told Americans that their children should make do with less. “They don’t need to have 30 dolls; they can have three,” the president said on Meet the Press. “They don’t need to have 250 pencils; they can have five.” Critics were quick to point out the irony of America’s avatar of excess telling others to tighten their belt. But the problem with Trump’s remark goes beyond the optics. It’s that his argument for austerity contradicts his campaign commitments—and exposes the limits of his transactional approach to politics.

Throughout his 2024 run, the president promised Americans a return to the prosperity of his pre-COVID first term. “Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods,” he told a Montana rally in August. “They’ll come down, and they’ll come down fast,” he declared days later in North Carolina. But at the same time, Trump also promised to impose steep tariffs on consumer goods—dubbing tariff one of “the most beautiful words I’ve ever heard”—even though the levies would effectively serve as a tax on everyday Americans.

These two pledges could not be reconciled, and once elected, Trump was forced to choose between them. The results have disillusioned many of those who voted for him. Trump’s approval on the economy has plunged since he announced his “Liberation Day.” A former strength has become a weakness. “If you look at his economic net approval rating in his first term, it was consistently above water,” the CNN analyst Harry Enten noted last month. “It was one of his best issues, and now it’s one of his worst issues.”

https://www.msn.com/en-us/news/opinion/trump-s-inevitable-betrayal-of-his-supporters/ar-AA1EosZ3

Alternet: Trump’s clown car cabinet is driving off a cliff | Opinion

UPS, the United Parcel Service, just announced that it is laying off 20,000 employees and closing 73 of its buildings by the end of June. It attributes the downturn to reduced shipping volume from its largest customer, Amazon, due to Trump’s tariffs.

When a division of Amazon considered telling consumers the truth, by posting the costs tariffs added to the price of each imported product, the mere possibility set the White House on attack mode. Trump immediately called Amazon owner Jeff Bezos, who reassured him Amazon would never do such a thing, while Karoline Leavitt accused Bezos of a “political and hostile” act just for thinking about it.

When a presidential team of incompetent egoists calls truth-telling a “hostile act,” we’re in trouble.

https://www.msn.com/en-us/news/politics/trump-s-clown-car-cabinet-is-driving-off-a-cliff-opinion/ar-AA1E5ReC

BIG: It’s war between Jeff Bezos and Donald Trump

Tensions over tariffs have gradually shattered Amazon CEO Jeff Bezos’s interest-based relationship with US President Donald Trump, especially since the start of his second term.

Trump accused Jeff Bezos of being “hostile and political” toward his administration after Amazon announced its intention to transparently post tariff hikes imposed by the Trump administration.

The platform plans to itemize the amounts, allowing consumers to see first-hand that the majority of the price increase on their Amazon bill is caused by tariffs imposed by the Trump administration.

https://www.msn.com/en-ph/news/other/it-s-war-between-jeff-bezos-and-donald-trump/ar-AA1DUQQw

Moneywise: ‘We want them back desperately’: US border communities losing millions in sales tax revenue as Canadian shoppers avoid US travel due to Trump’s tariffs and ’51st state’ rhetoric

Cars traveling across the border into the U.S. are down significantly in 2025, and counties like Erie and Niagara are paying the price through a drop in sales tax revenue.

In February and March of 2025, 35,619 fewer cars crossed the Peace Bridge that connects Canada to Buffalo, NY, compared to the number of cars that crossed the bridge during the same months in 2024. During the same period, 29,537 fewer cars crossed the Rainbow Bridge in Niagara Falls.\

Thanks to President Trump’s ongoing trade war with Canada, Canadians seem to have significantly reduced their interest in traveling to the U.S. and the financial ramifications are hard to ignore.

But it’s not just the backlash to Trump’s antics that’s had a negative effect on Canadian tourism in the U.S. In recent months, several foreigners — including a Canadian woman — have been detained while attempting to enter the United States.

Dump Trump and resume treating visitors respectfully. It really is that simple!

https://www.msn.com/en-us/money/news/we-want-them-back-desperately-us-border-communities-losing-millions-in-sales-tax-revenue-as-canadian-shoppers-avoid-us-travel-due-to-trump-s-tariffs-and-51st-state-rhetoric/ar-AA1DL1kN

USA Today: ‘I run the country and the world,’ Donald Trump says in Atlantic interview

President Donald Trump declared that he runs the world as he reflected on what’s different during his second White House go around in an interview with The Atlantic magazine.

“The first time, I had two things to do ‒ run the country and survive; I had all these crooked guys,” Trump said in the interview, published April 28. “And the second time, I run the country and the world.”

Sorry, Trumpsy dearest. God runs the world. You’re here only to scrub the toilets.

https://www.msn.com/en-us/news/politics/i-run-the-country-and-the-world-donald-trump-says-in-atlantic-interview/ar-AA1DMR56

Curtis Yarvin, the Billionaires’ Philosopher

https://www.facebook.com/FearAndLoathingCloserToTheEdge/posts/638073655528607