Not so long ago, people who really enjoyed making money and being rich eschewed going into public service because the pay was relatively so meager compared to what they could make in the private sector and worse, it was expected, to avoid the appearance of conflict of interests, they would put their businesses in a blind trust. Wow – how things of changed with President Trump and his Administration. They have used their positions in public service to greatly enrich themselves and neither the Republican Congress nor the Republican electorate seem to care.
In a previous post, Publius laid out the obscene levels of corruption related to Trump’s pardons for crypto fraudsters who “donate” or “invest” in him and Special Envoy Steve Witkoff’s crypto scam company World Liberty Financial (WLF). Now, even more evidence is coming out on how much the President is selling out America to personally profit to the tune of $3B in just his first year.
Recall convicted Chinese crypto scam billionaire Changpen Zhao, who founded Finance, “investing” billions in WLF, and receiving a pardon. FYI, Zhao lives in Dubai, UAE.
The UAE has desired cutting-edge American AI chips for a few years, but have been blocked from purchasing any by the US because of the UAE’s extensive dealings with the Chinese Communists, who also greatly desire AI chips from the US in order to reverse engineer them and challenge our AI supremacy.
Recall that four days before Trump’s inauguration, the UAE “invested” $2.5 BILLION into WLF. This investment was led by Sheikh Tahnoon, known as “The Spy Sheikh”. Within a year, Zhao has been pardoned, and the UAE just so happened to get approval to buy AI chips. UAE got a slice of TikTok as well. Chairman Xi must also be quite happy.
And that’s not all. It turns out, the Spy Sheikh and UAE were “silent partners” in WLF to the tune of $500M from the very beginning, helping set up WLF from its infancy.
Now, even conservative outlets are starting to notice. The National Review, a longtime conservative publication, has published a series of exposes about this UAE story. As noted in their article, they extensively covered Hunter Biden’s dealings with China and Bursima. They note how James Comer and House Republicans had even opened an impeachment inquiry into the Bidens, accusing Hunter Biden of a “conspiracy to monetize Joe Biden’s office to enrich his family”. The total alleged amount? $27 million.
The conservative National Review now says the following:
“You know what the difference is between the Biden family business and the Trump family business? You’d have to add two digits to the sum of Biden abuses of power, foreign entanglements, and corruption alleged in the report to get near what Trump has raked in just from the UAE.”
“Of course, Trump can’t be faulted for obstructing congressional investigations. There haven’t been any. Comer is busy tangling with the Clintons, the better to take the Epstein heat off a president whose poll numbers have declined as this year’s midterm elections beckon. Now that self-dealing has achieved heights so astronomical that $27 million would barely be a rounding error, Republicans have lost interest.”
The Trump and Witkoff families are selling out America and laughing all the way to the crypto bank. Hopefully, America will soon elect a proper majority of congresspeople in their former equal branch who will put a stop to this outrageous corruption.
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