#favors — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #favors, aggregated by home.social.
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Uli Hoeneß, the honorary president, has not offered a definitive position regarding a contract extension for Sporting Director Max Eberl at FC Bayern. Speaking... https://news.osna.fm/?p=47541 | #news #bayerns #eberl #extension #favors
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Given the mounting financial difficulties within the healthcare system and new proposed austerity measures from an expert commission, a slight majority of Germa... https://news.osna.fm/?p=40714 | #news #alcohol #favors #fund #healthcare
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Trump’s Profiteering Hits $4 Billion – The New Yorker
Trump’s Profiteering Hits $4 Billion
In August, I reported that the President and his family had made $3.4 billion by leveraging his position. After his first year back in office, the number has ballooned.
By David D. Kirkpatrick, January 31, 2026
Illustration by Erik CarterAt the start of Donald Trump’s first term, he promised that he and his family would never do anything that might even be “perceived to be exploitive of office of the Presidency.” By contrast, his second term looks rapacious. He and members of his family have signed a blitz of foreign mega-deals shadowed by conflicts of interest, and they’ve launched at least five different cryptocurrency enterprises, all of which leverage Trump’s status as President to lure buyers or investors. Ethics watchdogs say that no other President has ever so nakedly exploited his position, or on such a scale. Trump recently explained to the Times why he cast aside his former restraint: “I found out that nobody cared.”
Is Trump right about the public’s nonchalance?
Last summer, I tallied how much money he and his immediate family had made off his high office. My method was conservative. It seemed unfair to begrudge Trump the profits from the many businesses he owned before entering the White House. So I excluded from my calculation preëxisting hotels, condos, and golf courses, along with plausible extensions of those long-standing businesses. Likewise, Trump is hardly the first President to trade access or potential influence for political fund-raising, and he generally cannot spend such money on personal expenses, so I set that aside, too. Lastly, I left out funny-money assets he couldn’t readily cash out without setting off a fire sale that would eviscerate their value, such as his shares in the company behind Truth Social, his social-media platform.
Even excluding all that, by August, the Presidential profiteering reached $3.4 billion. (You can review my judgments in the article, “The Number.”) And since then the First Family has kept busy. The end of Trump’s first year in office seemed an opportune time for an update. Did the family business slow down or speed up for the Trumps?
AMERICAN BITCOIN REDUX
Many investors and consumers understandably distrust cryptocurrency and digital finance. Crypto heists are alarmingly common, and the best-known uses of digital currency are money laundering and casino-like financial speculation. President Trump himself, before his most recent campaign, maintained that Bitcoin “seems like a scam” and that crypto “can facilitate unlawful behavior.” But an association with a sitting President can furnish a valuable credibility boost. Think of the premium that investors will pay for U.S. Treasury bonds compared to notes from some little-known bank. That appears, in a nutshell, to be the Trump family’s strategy with crypto.
The Trumps’ first windfall since my August tally occurred through American Bitcoin, a company that mines new bitcoin with the intent to hoard it. (Under the algorithm that created bitcoin, miners get paid in new tokens for the computer work of tracking digital transactions.) Last spring, Eric and Donald Trump, Jr., contributed their family name—and nothing else of obvious value—to a complicated series of transactions that yielded them approximately a thirteen-per-cent stake in American Bitcoin.
Eric, who is now listed as its co-founder and chief strategy officer, has become the company’s public face. If Eric and Donald, Jr.,’s father had lost the 2024 election, surely no one would have handed them such a large stake in a business that they had virtually no experience in and to which they had contributed so little—so their stake should be categorized as Presidential profit. In August, I calculated that the brothers’ thirteen-per-cent stake in the company’s computer hardware alone added at least thirteen million dollars to the family’s profiteering tally.
In September, the company floated shares on the stock market, capitalizing in another way on the cachet of the Trump name. American Bitcoin merged with a penny-stock bitcoin miner as a way of going public without the cost—or scrutiny—of an initial public offering. And the stock market, as expected, has put a far higher price on the company, in part because it owns a stockpile of bitcoin. The brothers’ stake now appears to be worth around two hundred million dollars. A caveat: Eric Trump, as a large and active investor in American Bitcoin, must report any sale of shares, and that might trigger a selloff. So it seems excessive to add it all to the Presidential-profit ledger. I will add only the approximate value of Donald Trump, Jr.,’s stake: about a hundred million dollars.
The number in August: $3.4 billion
Additional profit: $100 million
New total: $3.5 billionEditor’s Note: Read the rest of the story, at the below link.
Continue/Read Original Article Here: Trump’s Profiteering Hits $4 Billion | The New Yorker
#America #Favors #Grifter #IncomeFromPresidency #Lies #Politics #Profit #Profiteering #Republicans #Riches #SellingPresidency #StealingMoney #TheNewYorker #Trump #TrumpAdministration #TrumpFamily #UnitedStates #Wealth -
See attached pics for the list of #Trump transition #donors. Unknown amounts.
#law #government #corruption #PayToPlay #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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See attached pics for the list of #Trump transition #donors. Unknown amounts.
#law #government #corruption #PayToPlay #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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The report called on #Congress [good luck] to create laws requiring transitions to disclose the names of #donors who give over a threshold amount as well as to publicly account for spending by the transition, which it said would “create public scrutiny that encourages the transition team to police itself tightly against conflicts of interest.”
#law #government #corruption #PayToPlay #Trump #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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The report called on #Congress [good luck] to create laws requiring transitions to disclose the names of #donors who give over a threshold amount as well as to publicly account for spending by the transition, which it said would “create public scrutiny that encourages the transition team to police itself tightly against conflicts of interest.”
#law #government #corruption #PayToPlay #Trump #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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Last week, that group released a report on the #Trump transition that criticized it for “significant departures from established norms,” noting that it started late & relied heavily on a handful of outside think tanks, chiefly the #HeritageFoundation & the #AmericaFirstPolicyInstitute, to develop policy & hire personnel for the new administration.
#law #government #corruption #PayToPlay #donors #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
https://presidentialtransition.org/reports-publications/lessons-learned/ -
Last week, that group released a report on the #Trump transition that criticized it for “significant departures from established norms,” noting that it started late & relied heavily on a handful of outside think tanks, chiefly the #HeritageFoundation & the #AmericaFirstPolicyInstitute, to develop policy & hire personnel for the new administration.
#law #government #corruption #PayToPlay #donors #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
https://presidentialtransition.org/reports-publications/lessons-learned/ -
“They claimed they were saving taxpayers money, but what they were doing was hiding the ball about who is buying the #government,” said Max Stier, the president of the nonpartisan nonprofit Partnership for Public Service, which promotes best practices in the federal government & runs the Center for Presidential Transition.
#law #corruption #PayToPlay #Trump #donors #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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“They claimed they were saving taxpayers money, but what they were doing was hiding the ball about who is buying the #government,” said Max Stier, the president of the nonpartisan nonprofit Partnership for Public Service, which promotes best practices in the federal government & runs the Center for Presidential Transition.
#law #corruption #PayToPlay #Trump #donors #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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#Watchdog groups had raised alarm about the lack of #transparency surrounding the most recent #Trump transition, noting that by not revealing who was contributing—& how much they had chipped in—it was nearly impossible for the public to know about #ConflictsOfInterest or #PayToPlay arrangements.
#law #government #corruption #donors #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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#Watchdog groups had raised alarm about the lack of #transparency surrounding the most recent #Trump transition, noting that by not revealing who was contributing—& how much they had chipped in—it was nearly impossible for the public to know about #ConflictsOfInterest or #PayToPlay arrangements.
#law #government #corruption #donors #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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Prior administrations, including Trump’s in 2016, signed that agreement, which in addition to the disclosure obligation caps individual donations at $5,000 & bars #foreign contributions. By declining to sign, the second #Trump transition sidestepped those strictures & presumably could accept far larger contributions.
#law #government #corruption #PayToPlay #donors #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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Prior administrations, including Trump’s in 2016, signed that agreement, which in addition to the disclosure obligation caps individual donations at $5,000 & bars #foreign contributions. By declining to sign, the second #Trump transition sidestepped those strictures & presumably could accept far larger contributions.
#law #government #corruption #PayToPlay #donors #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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At least 3 of the entries on the list matched names of Washington #lobbyists, but their identities could not be confirmed. Lobbyists with those names did not respond to requests for comment Tuesday evening. Because the list did not include addresses, hometowns or professions, it was not possible to confirm the identity of many other individuals described as #donors.
#law #government #corruption #PayToPlay #Trump #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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At least 3 of the entries on the list matched names of Washington #lobbyists, but their identities could not be confirmed. Lobbyists with those names did not respond to requests for comment Tuesday evening. Because the list did not include addresses, hometowns or professions, it was not possible to confirm the identity of many other individuals described as #donors.
#law #government #corruption #PayToPlay #Trump #power #billionaires #appointees #favors #DarkMoney #CitizensUnited
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“President Trump greatly appreciates his supporters & donors; however, unlike politicians of the past, he is not bought by anyone & does what’s in the best interest of the country,” Danielle Alvarez, a spox for the #Trump transition, ridiculously said in a statement. “Any suggestion otherwise is simply false.”
#law #government #corruption #PayToPlay #donors #power #billionaires #appointees #favors
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“President Trump greatly appreciates his supporters & donors; however, unlike politicians of the past, he is not bought by anyone & does what’s in the best interest of the country,” Danielle Alvarez, a spox for the #Trump transition, ridiculously said in a statement. “Any suggestion otherwise is simply false.”
#law #government #corruption #PayToPlay #donors #power #billionaires #appointees #favors
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The court found #Sarkozy guilty of #criminal association in a plot from 2005 to 2007 to finance his campaign with funds from #Libya in exchange for diplomatic #favors. But it cleared him of 3 other charges — including passive #corruption, illegal campaign financing & concealment of the embezzlement of public funds.
Sarkozy denounced the ruling, saying he was the victim of scandalous injustice & that he would appeal.
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The court found #Sarkozy guilty of #criminal association in a plot from 2005 to 2007 to finance his campaign with funds from #Libya in exchange for diplomatic #favors. But it cleared him of 3 other charges — including passive #corruption, illegal campaign financing & concealment of the embezzlement of public funds.
Sarkozy denounced the ruling, saying he was the victim of scandalous injustice & that he would appeal.
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The reason why the Cardinal [Mazarin] deferred so long to grant the favors he had promised, was because he was persuaded that hope was much more capable of keeping men to their duty than gratitude.
[La raison pourquoi le Cardinal différoit tant à accorder les grâces qu’il avoit promises, c’est qu’il étoit persuadé que l’espérance est bien plus capable de retenir les hommes dans le devoir que non pas la reconnoissance.]Jean Racine (1639-1699) French dramatist
Fragments Historiques [tr. Bund/Friswell (1871)]Sourcing, notes: wist.info/racine-jean/78506/
#quote #quotes #quotation #qotd #dangling #delay #favors #gratitude #hope #investment #loyalty #promises #quidproquo
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Hey, #NewYork! Here's a short primer on ranked choice voting; it won't be like this for every vote, just certain categories. Good advice on #NeverCuomo, don't rank him last, DON'T RANK HIM AT ALL - fill your five slots w/ anyone but. He (and *1st Stop's Always Istanbul* Eric Adams are both also running Independent!) won't go away quite so easily, but we are patient.
#DOJ #dismiss #without #prejudice #quid #pro #quo #political #favors #EricAdams #pay to #play #NYC #graft
https://gothamist.com/news/what-to-know-about-ranked-choice-voting-in-nycs-primary-election-this-month -
https://www.theverge.com/news/658829/elizabeth-warren-jeff-bezos-amazon-trump-tariffs
Elizabeth Warren asks Jeff Bezos if he got any favors for his ‘subservience’ to Trump
#warren #amazon #AMZN #Bezos #favors #trump #tariffs #customers #consumers #sycophant #fawner #flatterer #toadie #techbros #oligarchy #oligarch #obsequious #minion #kowtow #bootlicker #brownnoser #kissup #suckup #sellout #retail #shopping #consumer #spending #kakistocracy
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hat tip John Oliver, Last Week Tonight. He's praising the resignation letter where she wrote "I expect you will find someone who is enough of a fool or enough of a coward to file your motion, but it was never going to be me" & he says she may as well have added "bitch" to the end. Clippy was twisted in a good way!
#DOJ #Thursday #night #massacre #EricAdams #resignations #quid #pro #quo #political #favors #Turkey #cash #trips #sanctuary #city #fascist #NYC #ICE #Clippy is #dead #long #live Clippy -
Wanna #EDGE? In a Post-#PrEP Era, are #Bathhouses Coming Back to Life?
A bathhouse, or a "#MensSpa," was like a #ShangriLa for a burgeoning #gay #man who, with the right mix of #party #favors, could literally spend an entire #weekend in a constant rotation of #seeking and #satisfying. For a while, it seemed like bathhouses had become relics of a bygone era.
#Women #Transgender #LGBTQ #LGBTQIA #SexualOrientation #Sexuality #Representation #Culture
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Wanna #EDGE? In a Post-#PrEP Era, are #Bathhouses Coming Back to Life?
A bathhouse, or a "#MensSpa," was like a #ShangriLa for a burgeoning #gay #man who, with the right mix of #party #favors, could literally spend an entire #weekend in a constant rotation of #seeking and #satisfying. For a while, it seemed like bathhouses had become relics of a bygone era.
#Women #Transgender #LGBTQ #LGBTQIA #SexualOrientation #Sexuality #Representation #Culture
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Last week I took more than a few cuttings from my philodendron to propagate and give away as favors at my wedding. When I changed out the water yesterday I could see that they're all starting to root 🌱🌱 #houseplants #propagate #wedding #favors
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Last week I took more than a few cuttings from my philodendron to propagate and give away as favors at my wedding. When I changed out the water yesterday I could see that they're all starting to root 🌱🌱 #houseplants #propagate #wedding #favors
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“#CatchAndKill” is a term coined by old-time #tabloid editors for buying the exclusive rights to stories, or “catching” them, for the specific purpose of ensuring the info never becomes public.
In the world of #tabloid #journalism, where ethical lines are blurry, deciding what to publish & why is often a calculus that covers #favors doled out & #chits called in.
#criminal #law #Trump #TrumpTrial
https://www.nytimes.com/2024/04/22/nyregion/trump-catch-and-kill.html?smid=url-share -
“#CatchAndKill” is a term coined by old-time #tabloid editors for buying the exclusive rights to stories, or “catching” them, for the specific purpose of ensuring the info never becomes public.
In the world of #tabloid #journalism, where ethical lines are blurry, deciding what to publish & why is often a calculus that covers #favors doled out & #chits called in.
#criminal #law #Trump #TrumpTrial
https://www.nytimes.com/2024/04/22/nyregion/trump-catch-and-kill.html?smid=url-share -
On Sat, Rep #AndyKim, a 3rd-term #Democrat from South Jersey, said he would challenge #Menendez in next year’s #primary.
…This was a marked departure from 2017, when most Democratic leaders stood solidly at Menendez’s side while he stood #trial in federal court in #NewJersey on charges that he had taken #bribes from a wealthy doctor in exchange for #political #favors.
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On Sat, Rep #AndyKim, a 3rd-term #Democrat from South Jersey, said he would challenge #Menendez in next year’s #primary.
…This was a marked departure from 2017, when most Democratic leaders stood solidly at Menendez’s side while he stood #trial in federal court in #NewJersey on charges that he had taken #bribes from a wealthy doctor in exchange for #political #favors.
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@WalterShaub Snarky, snarky! True and funny as hell but still snarky! 🤣 👍 👏
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@tuxom
#ScottMorrison is a #coalWorshipper and completely corrupted by #favors and #politicalDonations.A sick joke arranged by a bunch of #plutocrats, while #journalists and #publishers like #JulianAssange experience #torture.
Very dark days.
