I've never read or heard of a young person wanting to get rich by being the president of the United States. It's just not something one associates with being the president of the United States.
I remember elementary classes where the virtues of the presidency assured us, we have a great leader. Key phrases like "serving the public" and "people's president" were tossed out in civic classes assuring students of the integrity of the country's commander-in-chief.
How times have changed.
We now have a convicted felon and sex abuser in the Oval Office who is getting richer every day. Trump has generated billions of dollars in income since returning to the presidency, largely through business ventures and investments tied to his family.
Here's the key sources of Donny's income:
- Cryptocurrency: Trump and his family made over one billion dollars in his first year back with crypto projects like World Liberty Finance and TRUMP meme coins.
- Policy intersections: Watchdog groups have cited policy decisions - such as executive orders on crypto assets, pardons, and critical mineral deals with foreign governments - that have coincided with the Trump family's activities.
- Real Estate & Licensing: Trump properties and international ventures continue to generate significant revenue.
I discovered something alarming while researching this post; U.S. conflict-of-interest laws DO NOT prohibit the president from "participating personally and substantially in particular government matters that will affect his own financial interests."
Past presidents have always put their investments in a "blind trust" to avoid conflicts of interest. It was the ethical thing to do.
According to CNN, Trump promoted roughly 20 companies on his Truth Social platform within days of purchasing shares in those same businesses.
So, why is the president immune to laws that apply to the rest of the government and to all Americans? No other president has used that free pass for the presidency like Trump has.
The answer goes back decades ago when Congress created a carveout, fearing that rigid divestment rules would hinder the president's ability to govern and address broad, national issues.
Part of the reasoning for the exemption was to ensure the executive office could function without unnecessary legal jeopardy arising from presidential actions affecting the economy.
Politicians in Congress must have dropped LSD if they thought the free pass wouldn't be misused. They stupidly created a path for a psychopath like Trump to trample all over the constitution.
There are supposedly ethical and constitutional constraints, but Trump has ignored them like a good dictator.
As it Stands, the national "general corruption" consensus recently conducted by the Brennan Center for Justice revealed that 92% of ALL voters agree political corruption is a massive structural problem in the Trump administration.
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