Trump Pardons Crypto Billionaire After Freeing Fraudster

8,228 Views | 118 Replies | Last: 5 mo ago by gigemtxag2025
gigemtxag2025
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Presidents using their own properties for campaign events isn't automatically illegal. It becomes problematic when done at inflated rates or in ways that constitute self-dealing, but that's historically been handled through ethics complaints and FEC oversight, not criminal prosecution.

What's different about Trump is the scale and the brazenness. Presidents have always raised campaign money. I'll rehash my earlier points to repeat that Trump is the first to run a private merch store that competes with his own campaign, charge the Secret Service protecting him premium rates at his own properties, accept a $400 million jet from a foreign government, launch crypto coins as president and sell White House access to top holders, and announce real estate deals in countries he's simultaneously conducting foreign policy with.

You're pointing out that Biden didn't prosecute this as proof it wasn't that bad, but you could just as easily argue it shows Biden's DOJ was selective and restrained, which undercuts the idea that they were stretching laws to target Trump with "questionable cases."
Ag with kids
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gigemtxag2025 said:

Sure.

After the release of Truth Social, his net worth doubled to an estimated $5-6 billion in one year. Most of that is Truth Social stock, a company that only exists because of his political brand.

Federal spending records show millions going to his properties. Secret Service alone was paying over $1,185/night at Mar-a-Lago. His campaign spent tens of millions at his hotels and golf clubs. He even opened a club called "Executive Branch" stocked with Cabinet officials.

He's launched at least five different crypto projects. World Liberty Financial jumped to $5 billion valuation after the Binance partnership.

He announced five major Persian Gulf projects after abandoning his first-term pledge against new overseas deals, plus a $400 million luxury jet from Qatar's Emir.

He's made $27.7M from Trump-branded merchandise, Trump guitars, watches, sneakers, and Bibles that his supporters think fund the campaign but actually go to his pocket.

These numbers come from SEC filings, Forbes wealth tracking, financial disclosure forms, and congressional oversight reports. Even Trump's own lawyers acknowledged in 2017 that his business model is "selling the use of his name, " and that name has significantly more value because of the presidency.

The New Yorker published a detailed investigation that seeks to separate "Presidential profits" from normal business income using these sources. They acknowledge it's difficult given Trump's opaque ownership structure, but their conservative estimate totals $3.4 billion.

You might not trust the New Yorker's analysis, but the underlying sources (SEC, Forbes, his own disclosure forms) are all public record.

What's funny is that he wasn't POTUS during the vast majority of that (Truth Social, which accounts for the vast majority of that, went public in 2024), and yet you want to claim he made all that money WHILE he was POTUS.

Sorry that he's successful and you're not..
Ag with kids
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gigemtxag2025 said:

Presidents using their own properties for campaign events isn't automatically illegal. It becomes problematic when done at inflated rates or in ways that constitute self-dealing, but that's historically been handled through ethics complaints and FEC oversight, not criminal prosecution.

What's different about Trump is the scale and the brazenness. Presidents have always raised campaign money. I'll rehash my earlier points to repeat that Trump is the first to run a private merch store that competes with his own campaign, charge the Secret Service protecting him premium rates at his own properties, accept a $400 million jet from a foreign government, launch crypto coins as president and sell White House access to top holders, and announce real estate deals in countries he's simultaneously conducting foreign policy with.

You're pointing out that Biden didn't prosecute this as proof it wasn't that bad, but you could just as easily argue it shows Biden's DOJ was selective and restrained, which undercuts the idea that they were stretching laws to target Trump with "questionable cases."

Let's hope not since many Presidents have done that over the years...

Only a far left liberal or someone who was completely deluded would "argue it shows Biden's DOJ was selective and restrained" considering the lengths they went to to stretch unrelated laws to try to "get Trump".

I'm sure your gaslighting works great when you post on democraticunderground, though...

BTW, Trump NEVER accepted a $400 million jet. The DOD did, though...
Yukon Cornelius
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He took the plea deal because it was better than the alternative. Doesn't mean he was guilty. The whole "allowing money laundering" is incredibly grey area. Especially in crypto. He didn't break the law. They were twisting a law to squeeze him. He decided not to fight it like others have.

Go look into other cases like Roman of tornado cash. If you haven't heard of his case you should sit this one out. You're ignorant of what has taken place by Biden's DOJ.
SMM48
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gigemtxag2025 said:

I actually addressed HSBC and UBS in my very next post right after the one you're responding to.


Your original quote said "ever". Don't backtrack now.

FOS.
eric76
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GE said:

Go listen to Tucker's interview with Santos. The time in no way whatsoever fit the crime

Yeah. He should have gotten much more.

If he was in Texas and tried under Texas law, he could have faced anything from 5 to 99 years for a First Degree Felony.
gigemtxag2025
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I'm not backtracking. In my very next post - made long before you entered the thread - I already addressed HSBC and UBS and conceded that point. You should read it. You may find it interesting.
gigemtxag2025
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Truth Social went public in March 2024, during his presidential campaign and just months before he won the election. The entire valuation is based on the expectation that he'd return to the presidency. That's not a coincidence.

The company had 9 million users and lost $58 million in 2023. For comparison, Twitter had 450 million users when it was valued around the same range. Truth Social's valuation has nothing to do with its business fundamentals and everything to do with Trump's political status. When his election odds went up, the stock went up. When they went down, it tanked.

Now that he's president again, he's actively using Truth Social to make official presidential announcements. He's announced Cabinet appointments, military strikes, tariff policies, and major policy decisions on Truth Social, often before releasing official White House statements. He announced a 100% tariff on China via Truth Social. His transition team's formal statements to reporters were literally just screenshots of his Truth Social posts.

So yes, he made that money because he was running for and won the presidency. And now he's using the presidency to directly drive traffic and value to his own social media company by making it the primary channel for official presidential communications. That's the definition of monetizing public office.

And I'm not upset he's "successful." I'm pointing out he's using the presidency to enrich himself.
Ag with kids
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gigemtxag2025 said:

I'd be happy to look at those 500+ companies. Can you name them?

I already mentioned what we actually know about Trump's business record in the post you replied to. If you're referring to the LLCs listed in disclosure forms, most are shell companies, holding entities, or dissolved businesses, not operating companies with employees, revenue, or actual business activity.

If you're drawing a connection to The Trump Organization, it itself is a private company, so we don't have full financials. But what we do know from tax returns, court documents, and investigative reporting shows decades of losses he used to avoid paying taxes, consistent overvaluation of assets when seeking loans, undervaluation for tax purposes (which was the basis for his New York civil fraud judgment), and a history of not paying contractors and using bankruptcy strategically to shield himself while others lose money

If there are hundreds of wildly successful Trump businesses I'm missing, please share them. Which ones?

As pointed out, Trump has about a 1% rate of bankruptcy...which for a guy who has been in business for 60+ years, in as many ventures as he's done, is pretty impressive.

Oh...and "losses he used to avoid paying taxes"...

Thank you for telling all of us you know absolutely nothing about business, ESPECIALLY real estate...

BTW, as to the businesses that have been successful, you should start with the ones that have made him a billionaire.
gigemtxag2025
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"Let's hope not since many Presidents have done that over the years..."
Sure. But which presidents ran private clubs where they charged initiation fees that jumped from $100,000 to $1 million after being elected? Which ones ran competing merch stores that pocketed $27.7 million while their supporters thought they were funding the campaign? There's a difference between holding an event at your property and systematically funneling government and campaign money into your businesses while monetizing the office.

"Only a far left liberal or someone who was completely deluded..."
I didn't say Biden showed restraint because he's a good guy. I said the fact that Biden didn't prosecute Trump for campaign/property issues suggests those cases had legal problems, which is exactly your point. We agree on that.
But your argument seems to be: "Biden didn't prosecute it, therefore it's totally fine," which is a low bar. Lots of unethical conduct isn't prosecutable. The question isn't just "is it illegal?" It's "should a president be doing this?"

"BTW, Trump NEVER accepted a $400 million jet. The DOD did, though..."
That's a distinction without a difference. Qatar gave Trump a luxury jet valued at $400 million that serves as the new Air Force One equivalent. The DOD "accepting" it on behalf of the president doesn't change the fact that Trump personally benefits from a $400 million gift from a foreign government seeking favorable treatment.
Ag with kids
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gigemtxag2025 said:

Truth Social went public in March 2024, during his presidential campaign and just months before he won the election. The entire valuation is based on the expectation that he'd return to the presidency. That's not a coincidence.

The company had 9 million users and lost $58 million in 2023. For comparison, Twitter had 450 million users when it was valued around the same range. Truth Social's valuation has nothing to do with its business fundamentals and everything to do with Trump's political status. When his election odds went up, the stock went up. When they went down, it tanked.

Now that he's president again, he's actively using Truth Social to make official presidential announcements. He's announced Cabinet appointments, military strikes, tariff policies, and major policy decisions on Truth Social, often before releasing official White House statements. He announced a 100% tariff on China via Truth Social. His transition team's formal statements to reporters were literally just screenshots of his Truth Social posts.

So yes, he made that money because he was running for and won the presidency. And now he's using the presidency to directly drive traffic and value to his own social media company by making it the primary channel for official presidential communications. That's the definition of monetizing public office.

And I'm not upset he's "successful." I'm pointing out he's using the presidency to enrich himself.

No...

You're gaslighting.

He hasn't used it to enrich himself, no matter how much you stretch things to try to make your case...hell, his net wealth DECREASED by $1.4-$2 BILLION during his first term

Quote:

2016
~$3.7 billion - $4.5 billion
CNN, Forbes, Wikipedia

2021
~$2.3 billion - $2.5 billion
Yahoo Finance, Yahoo Finance, Bloomberg.com, Visual Capitalist


Just repeating a lie over and over doesn't make it true, even though that's the modus operandi of the left...

If you want to get mad at people that enriched themselves using the presidency, go look at Biden, Obama, and Clinton...

Every one of them are multi-multi millionaires now.

They weren't even remotely rich when they took office. I wonder how THAT happened.
gigemtxag2025
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"He took the plea deal because it was better than the alternative. Doesn't mean he was guilty."
He had billions of dollars for the best legal defense in the world. If the case was as weak as you claim, why didn't he fight it? Federal prosecutors have a 90%+ conviction rate, meaning they don't bring cases they can't win. He took the plea because the evidence against him was overwhelming.

"The whole "allowing money laundering" is incredibly grey area. Especially in crypto."
The Bank Secrecy Act has applied to money transmitters since 1970. FinCEN explicitly clarified that crypto exchanges are covered under these regulations in 2013, years before Binance's violations. There's no grey area. Coinbase, Kraken, Gemini…they all figured it out.
And this wasn't just "allowing money laundering." Binance's own internal communications, which were entered into evidence, showed employees joking about U.S. customers being drug traffickers and deliberately helping them evade compliance. CZ personally directed the company to prioritize growth over legal compliance. Again, that's not a "grey area."

"Go look into other cases like Roman of tornado cash."
Roman Storm's case involves different legal questions about whether developers of privacy tools can be held liable for criminal use of those tools.
Even if you think Storm's prosecution is overreach, that doesn't make CZ innocent. CZ wasn't prosecuted for building technology, he was prosecuted because Binance deliberately facilitated sanctions violations and helped criminals evade detection. Those are completely different situations.

Again, the question is: why did Trump pardon CZ specifically? I'll copy and paste the question I posed to you in my last post: should Trump pardon someone whose company paid $450k for lobbying that included "executive relief," has billions in business with Trump's family, and participated in a $2 billion transaction with Trump's stablecoin?
gigemtxag2025
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"As pointed out, Trump has about a 1% rate of bankruptcy..."
You're playing a shell game with numbers. If I create 100 LLCs, most of which are just empty legal structures for single properties or licensing deals, and only 1 goes bankrupt, that's not a 1% "business failure rate." That's one failed business with 99 corporate structures around it.
The question wasn't "how many legal entities has Trump filed?" It was "which of his actual operating businesses have been successful?" You still haven't named them.

"Oh...and "losses he used to avoid paying taxes"...Thank you for telling all of us you know absolutely nothing about business, ESPECIALLY real estate…"
I understand how depreciation and tax loss carryforwards work in real estate. What's unusual about Trump isn't using legal tax strategies, it's the scale and pattern. His tax returns showed he claimed $1.17 billion in losses from 1985 to 1994, losing more money than nearly any other American taxpayer in those years. That's not savvy real estate management, that's losing money.
And he was found liable for civil fraud in New York for systematically overvaluing assets for loans and undervaluing them for taxes (though the massive financial penalty was later overturned on appeal). The finding still stands. That's not real estate business acumen, just deception.

"BTW, as to the businesses that have been successful, you should start with the ones that have made him a billionaire."
His billionaire status comes primarily from inheriting up to $413 million from his father (adjusted for inflation) and licensing his name to other people's buildings (not operating businesses).
You still haven't named a single successful Trump operating business beyond his inherited real estate and licensing deals. You deflected to bankruptcy statistics instead. So I'll ask again: which Trump businesses are you talking about?
gigemtxag2025
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"No...You're gaslighting."
I've cited SEC filings showing Truth Social's valuation, his own financial disclosure forms showing Mar-a-Lago revenue jumping from $10M to $50M annually, Congressional oversight reports documenting foreign payments to his properties, The New Yorker's investigation using public records, and his use of Truth Social for official presidential announcements, directly driving value to his own company.

That's not gaslighting. That's documentation that I am giving to you to go look at yourself if you so wish.

"...hell, his net wealth DECREASED by $1.4-$2 BILLION during his first term"
Again, his reported net worth fluctuated based on brand valuation and real estate market conditions, not because he was sacrificing for public service. And even if his overall net worth decreased, that does not mean he wasn't extracting money from the presidency.

If I own a business worth $100M that drops to $80M due to market conditions, but I simultaneously pocket $30M by charging the government premium rates at my properties and launching new ventures, I didn't sacrifice. I just had a bad investment that I offset by monetizing my public office.

And we can take a look at his second term: his net worth has more than doubled since 2024, reaching $5-10 billion (according to Forbes and the New York Times - not gaslighting). Again, that increase is almost entirely from Truth Social stock, a company that only has value because of his political status and that he's now using as the primary platform for official presidential announcements.

"If you want to get mad at people that enriched themselves using the presidency, go look at Biden, Obama, and Clinton…"
I'm not here to defend Democrats. If Biden, Obama, or Clinton monetized their offices the way Trump is doing, I'd call that out too. Again, many presidents made their money after leaving office through book deals and speaking fees, which is the traditional path. Biden released decades of tax returns showing his income.



I should explicitly state again that this isn't about partisan defense. It's about holding leaders accountable regardless of party.
Yukon Cornelius
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It was a witch hunt. The four month plea deal was just that because they wanted CZ to take the deal. Neither party wanted it to go further. It was an abuse by the Biden DOJ from start to finish. Every crypto company was getting served BS suits.

And he served his entire sentence anyways. You're seething about a nothing burger lol. Maybe you can query whatever AI you're using to analyze your level of TDS.
flown-the-coop
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It seems an AI representative is dedicated to defecating on Trump with false statements, bad takes, pulling context away from any and all statements in an effort to indoctrinate the discussion with one of the more extreme TDS cases ever seen.

The takes are straight from a Reddit AI summary from the Act Blue machine and ignore so much and then lies about others. At this point, it's cluttering to go back and forth.

Trumps pardons can leave folks scratching their heads, until you dig into the details. No one is asking that you cheer all of Trumps pardons without question. I happened to think Santos was strung up from the highest possible tree because he was an R, but I don't think he sis deserving or pardon, commutation, not having to pay restitution.

I didn't know who the Binance guy was until the pardon but I have not seen anything to justify him being singled out, made an example of by misapplying the law, then getting him sentenced to PRISON… the only one in 50 years of a law being on the books to have received such punishment.

And for the detractor cluttering things up with bad information, this thread is about Trumps pardons, not his most awesome financial wealth and business was success, which I am happy to discuss in detail… in another thread.

But you need to bring facts, not Rachel Maddow take on what you think may have happened.
gigemtxag2025
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All I can do is copy and paste details I've already shared with you in previous posts.

"It was a witch hunt."
Quote:

Binance facilitated over 1.5 million transactions totaling $900 million that violated U.S. sanctions. This included transactions involving Hamas, al-Qaeda, ISIS, and Iranian entities. They processed payments for ransomware, child sexual abuse materials, and drug trafficking operations.


"The four month plea deal was just that because they wanted CZ to take the deal. Neither party wanted it to go further."
Quote:

He had billions of dollars for the best legal defense in the world. If the case was as weak as you claim, why didn't he fight it? Federal prosecutors have a 90%+ conviction rate, meaning they don't bring cases they can't win. He took the plea because the evidence against him was overwhelming.


"Every crypto company was getting served BS suits."
Coinbase, Kraken, and Gemini all managed to comply with U.S. law. The ones getting "served BS suits" were the ones actively facilitating crime or defrauding customers.
Quote:

Sam Bankman-Fried stole $8 billion in consumer funds. Terraform Labs committed massive $40 billion fraud. Celsius defrauded investors.


"And he served his entire sentence anyways. You're seething about a nothing burger lol."
This is the second time in this thread someone has suggested they don't understand what a pardon actually does. A pardon isn't just about getting out of prison.
Quote:

It's not just a symbolic act at this point. A pardon completely erases the felony conviction, which restores his ability to operate in finance and run companies without restrictions, removes the legal and professional stigma of being a convicted felon, and allows him to fully resume control of a company he owns 90% of.


"Maybe you can query whatever AI you're using to analyze your level of TDS."
I'll take that as a compliment. The facts remain unchanged.

Quote:

Again, the question is: why did Trump pardon CZ specifically? I'll copy and paste the question I posed to you in my last post: should Trump pardon someone whose company paid $450k for lobbying that included "executive relief," has billions in business with Trump's family, and participated in a $2 billion transaction with Trump's stablecoin?

gigemtxag2025
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Pulling specific sources, court documents, and verifiable numbers doesn't mean I'm an "AI representative," it just means I'm doing basic research. If anything, it should signal that I'm engaging with you in good faith - I even conceded on your point about UBS and HSBC.

Also, you've accused me of lying and making false statements, but you haven't identified a single specific claim that's wrong. You've also disengaged from our conversation twice now in the middle of exchanges. If there's something I've gotten wrong, tell me what it is. I can't address your concerns if you disengage and won't specify what you think is false.
flown-the-coop
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Trump's core business is actually his BRAND. That brand took a gigantic hit during the 1st term that saw constant attacks and baseless accusations about Russia and pro quoxs. Then you thought you had him Jan 6th and you kind of did. Even his most ardent supporters were pulling back and questioning their support. Go back 5 years on here and look at it.

Then you launched an ill advised battle to ruin him, jail him, and appt the same to his family, grow and anyone who ever said a nice thing about him. Then you tried to kill him. And it backfired.

He was dead in the water before the left initiated their full on jihad. So all those billions are from the left attacking him in a completely unjustified manner, not from his politicking.

Many of your other comments are long debunked retreads. Trump offered the USSS free accommodations at MAL. It was the ethics office that said no can do, they have to charge a reasonable rate.

Do you recall what USSS spent renting places from Biden friends in Malibu in order to follow Hunter around?

Again, the retread of old issues in full on derail.

And paying a lobbying firm to promote your cause is sort of what lobbying is.

He didn't pay Trump $450k for a pardon. He paid lobbyists to get his pardon request to the right people for consideration. Clinton and Obama took campaign contributions in return for the pardons they doled out.
flown-the-coop
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Vague reference to vague estimations by known liberal rags like the NYT =/= facts.

When your references to facts are based on lies, then the resulting reference is also a lie.

I have offered for you to take this discussion on Trump to a dedicated thread. That's not disengaging, that's avoiding a derail.

Pardons by Trump range from attaboys to WTFs. Even the most ardent supporters will disagree with some of the pardons.

But to take the instances here and try to correlate that into "Trump is the biggest grifter and abuser of office evah" is… a bit of a stretch.

You don't even have the "facts" right on the Qatari jet. How many trips has Trump taken on it? Do you know where is physically is and that it's likely Trump will never step foot on the plane? That he cannot accept gifts from anyone whilst POTUS and no matter what that plane will NEVER be his personally property, unless he buys it from the US Govt.

So why continue that lie? And how is foreign investment in US interests personally benefiting Trump? That's also a lie, or misrepresentation at best. But alas, this is about pardons.
Yukon Cornelius
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Youre claiming his wealth is a FACT if he was innocent he should have fought it. Thats not a fact. That's just your TDS opinion.

Ask your AI out of all the crypto cases Biden's SEC and DOI levied did they win in a court?
ATX_AG_08
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gigemtxag2025 said:

It is true that Zhao was the first person sentenced under that law.

But the scale was unprecedented. Binance facilitated over 1.5 million transactions totaling nearly $900 million that violated U.S. sanctions, including transactions involving Hamas, al-Qaeda, and Iran. They essentially turned a blind eye to terrorism financing, drug trafficking, child sexual abuse materials, and ransomware transactions.

And it was all deliberate. Zhao knew Binance was required to implement anti-money laundering protocols but instead directed the company to disguise customers' U.S. locations to avoid compliance.

Yes, he was the first person imprisoned under that law. But maybe the reason isn't "overcharging." It seems more likely that no one had previously violated it at this scale, this deliberately, while making tens of billions of dollars in the process.



We're the biggest funder of the Taliban. 40-80 million per week.
gigemtxag2025
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Not an opinion that CZ had billions of dollars. Not an opinion that he could afford the best legal defense in the world. Not an opinion that he chose to plead guilty instead of fighting the charges.

The logical inference - if you have all of those billions of dollars for legal defense and the case against you is weak (like you're arguing), you fight it. He didn't and admitted guilt under oath. It's just a fact.

Also, you're conflating SEC civil enforcement actions with DOJ criminal prosecutions. They're different things. The SEC's job is to bring enforcement actions for securities violations, and not all of them result in court victories. That's normal for any regulatory agency, so I feel like you're not pressing me on any real issue here.

In the major DOJ crypto criminal cases, yes, they won.

To humor you, I did ask ChatGPT your question and here is the answer, but it's nothing I didn't already know: "Some cases brought by the U.S. Securities and Exchange Commission (SEC) during the Joe Biden administration era have resulted in favourable rulings for the regulator, while others have ended in dismissals or unresolved outcomes."

You're framing every question at me through a partisan lens, as if you think my one mission in life is to defend Biden and Democrats. You don't know me. I'm not here to carry water for any party.

I'll ask you again since you've refused to answer several times now: should Trump pardon someone whose company paid $450k for lobbying that included "executive relief," has billions in business with Trump's family, and participated in a $2 billion transaction with Trump's stablecoin?
captkirk
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gigemtxag2025 said:

Let's discuss Trump the businessman since you didn't respond to my other post.

Trump's business record is a disaster. His casinos went bankrupt four times, more than any other major operator in the U.S. They lost more money than their competitors, cut their workforce in half, and saw revenue drop by over 40% between 1997 and 2010.

During his 13 years as chairman, Trump's casino empire lost a total of $1.1 billion, declared bankruptcy twice, and had to restructure $1.8 billion in debt. Yet during that same time, he personally pocketed $82 million. In short, he made himself rich while his companies failed and his workers and investors paid the price.

As for the idea that he's an "accidental" or "reluctant" politician, that's simply not true. Trump has been chasing the presidency since 1987, when he bought full-page ads attacking U.S. foreign policy and hinted at his first run. He explored campaigns in 1988, 2000, 2004, and 2012 before finally winning in 2016. That's almost forty years of actively seeking political power.

Here's the real point: Trump doesn't want the office to serve the country. He wants it to serve himself. Since the start of his term, he has turned the presidency into a personal profit machine in ways no modern president has ever tried.

Worth noting that every president since Nixon has used a blind trust or sold off assets to avoid conflicts of interest. Trump refused to do this. Instead, he placed his businesses in a revocable family trust that he still controls. This arrangement allows him to profit directly from the presidency.

This isn't a reluctant public servant "accidentally" serving his country. This is someone who has spent forty years pursuing the presidency because he saw it as a way to enrich himself. His pattern of extracting wealth while companies fail is now happening on a national scale. This time, it's the American people who are suffering for his personal gain. That's it.

gigemtxag2025
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I'm responding to both of your posts here. Sorry in advance for the word wall.


"Trump's core business is actually his BRAND."
Okay, but you're making my point for me. If his brand is his business, and his brand recovered because of his political comeback, then his wealth is directly tied to his political office.

Again, Truth Social only has value because of his political status. It went public during his 2024 campaign and its stock price tracks his election odds. The company had 9 million users and lost $58 million in 2023, but it's valued in the billions because he's president and uses it for official announcements.


"Then you tried to kill him."
I didn't try to kill anyone. As I've said before, I condemn political violence completely. Stop lumping everyone who has the gall to criticize Trump into some monolithic "you" that's responsible for an assassination attempt. You don't know me.


"Trump offered the USSS free accommodations at MAL. It was the ethics office that said no can do, they have to charge a reasonable rate."
First, if that's true, cite your source. Second, even if the ethics office required him to charge, he still set the rates. Mar-a-Lago's revenue jumped from $10M to $50M annually after he became president. He's profiting massively from government business at his properties regardless of who set the initial policy.

And I'm not defending the Hunter Biden-Malibu rentals either. If that was inappropriate spending, it should be investigated, but Hunter Biden's Secret Service costs don't excuse Trump's conflicts. That's the "whataboutism" that you hate.


"He didn't pay Trump $450k for a pardon. He paid lobbyists to get his pardon request to the right people for consideration."
Binance paid $450k for lobbying that explicitly included "executive relief" for CZ, then Trump's family gained $5 billion through business with Binance, then Trump pardoned CZ. All Trump could say when asked why was "I don't know, he was recommended by a lot of people." The lobbying payment is just the mechanism.


"Clinton and Obama took campaign contributions in return for the pardons they doled out."
Name them. If you can document them the same way I've done CZ/Binance, I'll condemn them.


"Vague reference to vague estimations by known liberal rags like the NYT =/= facts."
It's the New Yorker, not the NYT. Regardless, as stated in the post you're replying to, you can dismiss the publication, but it cites SEC filings, congressional oversight reports by bipartisan committees, Trump's own financial disclosure forms, and Forbes wealth tracking. You could dive into this stuff yourself if you wanted to.


"You don't even have the 'facts' right on the Qatari jet. How many trips has Trump taken on it? Do you know where it physically is and that it's likely Trump will never step foot on the plane?"
Whether it becomes his personal property after leaving office is irrelevant. He's benefiting from a $400 million gift from a foreign government while making foreign policy decisions that affect Qatar. Do I need to say more?


"And how is foreign investment in US interests personally benefiting Trump?"
When foreign governments invest billions in Trump family ventures (Kushner's $2 billion from Saudi Arabia, Binance's partnership making World Liberty Financial $5 billion more valuable, Persian Gulf real estate deals), those aren't just US interests, they're just Trump family interests.


"But alas, this is about pardons."
To an extent, I agree. But you can't really evaluate whether a pardon is corrupt without looking at whether the person paid for it through business with the president's family, which is why Trump's financial conflicts are relevant to the pardons.

As an aside, cut it out with the collective "you" crap. I've explained I'm not defending Democrats and you keep acting like I'm on Team Biden.
Yukon Cornelius
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AG
Or. He got an insanely sweetheart plea deal and chose to just settle the matter. I don't conflate any, that's why I said SEC AND DOJ. Both entities brought erroneous suits. I'm not aware of a single case by either agency that was legitimate. Can you find one? What's the ratio to legitimate vs erroneous?

And furthermore CZ served his sentence anyways. This is about rectifying the abuses by the DOJ targeting crypto companies and individuals.
gigemtxag2025
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I'm not sure of your point. Are you saying that because the U.S. government has failed to prevent funds from reaching the Taliban through various channels in Afghanistan, we should excuse Binance for deliberately facilitating $900 million in sanctions violations including transactions with Hamas, al-Qaeda, and ISIS?

Both things can be wrong at the same time.
gigemtxag2025
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I can't believe I have to say this, but a four-month sentence and $4.3 billion in fines is not a sweetheart deal. You haven't answered my question - if the case was as baseless as you're claiming, why would he take any deal at all? He had unlimited resources for legal defense, and if the prosecution was "erroneous," then the lawyers he could have gotten with his billions of dollars would've shredded it in court.

"I'm not aware of a single case by either agency that was legitimate. Can you find one?"
I will tell you this for a third time:
Quote:

Sam Bankman-Fried stole $8 billion in consumer funds. Terraform Labs committed massive $40 billion fraud. Celsius defrauded investors.

Add CZ/Binance onto that, but I assume you would argue otherwise. Are you arguing that all of these prosecutions were erroneous? That SBF didn't steal billions? That facilitating terror financing is okay?

When it comes to the SEC, as I said before, they brought action against various projects for unregistered securities offerings. Some were settled. Some are ongoing. Some were dropped. That's how regulatory enforcement works.

"And furthermore CZ served his sentence anyways."
Once again, that's not how a pardon works. A pardon isn't just about getting out of prison.
Quote:

It's not just a symbolic act at this point. A pardon completely erases the felony conviction, which restores his ability to operate in finance and run companies without restrictions, removes the legal and professional stigma of being a convicted felon, and allows him to fully resume control of a company he owns 90% of.

"This is about rectifying the abuses by the DOJ targeting crypto companies and individuals."
I'm glad you brought this up since this is directly related to the question you've dodged about four times now. If Trump wanted to "rectify DOJ abuses" in crypto, do you agree he'd likely be pardoning others for broader reform? Why did he only pardon the one crypto defendant whose company paid $450k for lobbying that included "executive relief," has billions in business with Trump's family, and participated in a $2 billion transaction with Trump's stablecoin? Why would Trump, when asked why he pardoned CZ, only respond with "I don't know, he was recommended by a lot of people?"
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Silent For Too Long
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Trump lost billions in his first term. You are a joke.

But your tears are delicious. Keep them coming.
Silent For Too Long
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94DCAg said:

4 years was not enough time to charge Trump for all his illegal activity. His fleecing of the US govt for his properties was obviously less critical that (1) litigating his stealing of nuclear secrets to share with his buddies, and (2) overthrowing the election.

#1 Aileen Cannon's gross distortion of justice, delay, and suppression of evidence may ultimately be impeachable if that court record ever sees the light of day.

#2 Trump should be in jail for what he did and is still promoting to overrule the 2020 election. Garland was slow. Jack Smith ran out of time.

Trump is a criminal. If our democracy holds, history will not look kindly on his enablers. You can cite sketchy stuff like hunter's paintings, but nothing....absolutely nothing compares to the scale and international bribery going on in daylight with Trump.


Hahahahajahahah.

Oh man. I needed a good belly laugh after the debacle of the first half.
gigemtxag2025
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Not sure what post you're replying to - you responded to a post about CZ's pardon but you're talking about Trump's net worth.

If you missed it, I already addressed the net worth argument multiple times in this thread, including in a reply directly to you. I'll copy and paste it for you again here.

Quote:

Again, his reported net worth fluctuated based on brand valuation and real estate market conditions, not because he was sacrificing for public service. And even if his overall net worth decreased, that does not mean he wasn't extracting money from the presidency.

If I own a business worth $100M that drops to $80M due to market conditions, but I simultaneously pocket $30M by charging the government premium rates at my properties and launching new ventures, I didn't sacrifice. I just had a bad investment that I offset by monetizing my public office.

And we can take a look at his second term: his net worth has more than doubled since 2024, reaching $5-10 billion (according to Forbes and the New York Times - not gaslighting). Again, that increase is almost entirely from Truth Social stock, a company that only has value because of his political status and that he's now using as the primary platform for official presidential announcements.

I've pulled SEC filings, financial disclosure forms, congressional reports, and court documents. If you think any of that is false, then point to a specific claim. "Your tears are delicious" isn't a rebuttal.
Silent For Too Long
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Cool beans. Trump lost billions in his first term. None of your raging hysteronics changes that.

The fact that you keep mentioning the Qatar jet is making it easy to not take you seriously. Its like I'm talking to one of Rachel Madcows writers. You're not a serious person and I'm only responding because I'm enjoying watching you bleed all over this board.

Please keep posting.
gigemtxag2025
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Silent For Too Long said:

Cool beans. Trump lost billions in his first term. None of your raging hysteronics changes that.

The fact that you keep mentioning the Qatar jet is making it easy to not take you seriously. Its like I'm talking to one of Rachel Madcows writers. You're not a serious person and I'm only responding because I'm enjoying watching you bleed all over this board.

Please keep posting.

"Hysteronics" isn't a word. Have a good night.
Silent For Too Long
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word
/wrd/
noun
1.
a single distinct meaningful element of speech or writing, used with others (or sometimes alone) to form a sentence and typically shown with a space on either side when written or printed.

Misspelled words are still words.
 
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