DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

You Won’t Believe How Much Richer the Trumps Have Gotten This Year

May 9, 2025
in News
You Won’t Believe How Much Richer the Trumps Have Gotten This Year
495
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Nicolle Wallace had Scott Galloway on her MSNBC show Thursday. She began by asking him what he makes of this moment in which we find ourselves. Galloway, a business professor and popular podcaster, could have zigged in any number of directions with that open-ended question, so I was interested to see the direction he settled on: “I think we essentially have become a kleptocracy that would make Putin blush. I mean, keep in mind that in the first three months, the Trump family has become $3 billion wealthier, so that’s a billion dollars a month.”

Stop and think about that. A presidency lasts, of course, 48 months (at most, we hope). Trump has been enriching himself at an unprecedented scale since day one of his second term—actually, since just before, given that he announced the $Trump meme coin a few days before swearing to protect and defend the Constitution.

And now, we know that he’s having a dinner at Mar-a-Lago in two weeks for his top $Trump investors, whose identities we may never know. How might these people influence his decisions? This whole arrangement is blatantly corrupt. And The New York Times had a terrific report this week about Don Jr. and Eric going around the world (Qatar, United Arab Emirates, Saudi Arabia) making deals from which their father will profit.

I read these stories, as I’m sure you do, and I think to myself: How on earth is he getting away with this? It’s the right question, but we usually concentrate on the wrong answer.

For most people, they think first of the Democrats, because they’re the opposition, and by the traditions of our system they’re the ones who are supposed to stop this, or at least raise hell about it. Second, we might think about congressional Republicans, who, if they were actually upholding their own oaths to the Constitution, would be expressing alarm about this.

They both shoulder some blame, but neither of those is really the answer. Every time I ask myself how he gets away with this, I remember: Oh, right. It’s the right-wing media. Duh.

After the election, I wrote a column that went viral about how the right-wing media made Trump’s election possible. Fox News, most conspicuously, but also Newsmax, One America News Network, Sinclair, and the rest, along with the swarm of right-wing podcasters and TikTokers, created a media environment in which Trump could do no wrong and Kamala Harris no right.

Think back—I know you’ve repressed it—to that horror-clown-show Madison Square Garden rally Trump held the week before the election. It was, as the Times put it, a “carnival of grievances, misogyny, and racism.” A generation or two ago, that would have finished off his campaign. Last year? It made no difference. No—it helped. And it helped because a vast propaganda network—armed with press passes and First Amendment protections—spent a week gabbing about how cool and manly it was.

Newsflash: They’re still at it.

First of all, Fox News is basically the megaphone of the Trump administration. In Trump’s first 100 days in office, key administration officials, reports Media Matters for America, appeared on Fox 536 times. That, obviously, is 5.36 times per day; in other words, assuming that a cable news “day” runs from 6 a.m. to midnight, that’s one administration official about every three hours. I’ve seen occasional clips where the odd host challenges them on this point or that, but in essence, this is a propaganda parade.

I tried to do some googling to see how Fox is covering the meme coin scandal. Admitting that Google doesn’t catch everything, the answer seems to be that it’s not. On the network’s website, there was a bland January 18 article reporting that he’d launched it; an actually interesting January 22 piece summarizing a critical column by The Washington Post’s Catherine Rampell, who charged that it was an invitation to bribery; and finally, an April 24 report that the coin surged in value after Trump announced the upcoming dinner—“critics” were given two paragraphs, deep in the article. (Interesting side note: Predictably, other figures on the far right have aped Trump by launching their own coins, among them former Proud Boys leader Enrique Tarrio and “QAnon Shaman” Jacob Chansley.)

But it’s not just Fox, and it’s not just on corruption. It’s all of them, and it’s on everything. You think any of them are mentioning Trump’s campaign promise to bring prices down on day one, or pointing out that all “persons” in the United States have a right to due process? Or criticizing his shambolic tariffs policies? I’m not saying there’s never criticism. There is. But the thrust of the coverage is protective and defensive: “Expert Failure & the Trump Boom” was the theme of one recent Laura Ingraham segment.

So sure, blame Democrats to some extent. A number of them are increasingly trying to bring attention to the corruption story, but there’s always more they could be doing. (By the way, new DNC Chair Ken Martin announced the creation one month ago of a new “People’s Cabinet” to push back hard against Trump. Anybody heard of it since?)

And of course, blame congressional Republicans. Their constitutional, ethical, and moral failures are beyond the pale, and they’re all cowards.

But neither of those groups is the reason Trump can throw a meme coin party and nothing happens; can send legal U.S. residents to brutal El Salvador prisons; can detain students for weeks because they wrote one pro-Palestinian op-ed; can shake down universities and law firms; can roil the markets with his idiotic about-faces on tariffs; can whine that bringing down prices is harder than he thought; can empower his largest donor, the richest man in the world, to take a meat-ax to the bureaucracy in a way that makes no sense to anyone, and so much more.

It’s all because Trump and his team operate within the protective cocoon of a media-disinformation environment that allows just enough criticism to retain “credibility” but essentially functions as a Ministry of Truth for the administration that would have shocked Orwell himself.

And just remember—a billion dollars a month.

This article first appeared in Fighting Words, a weekly TNR newsletter authored by editor Michael Tomasky. Sign up here.

The post You Won’t Believe How Much Richer the Trumps Have Gotten This Year appeared first on New Republic.

Share198Tweet124Share
Trump Has Skipped Out On All But 12 Of His Daily Intelligence Briefings
News

Trump Has Skipped Out On All But 12 Of His Daily Intelligence Briefings

by The Daily Beast
May 10, 2025

Donald Trump has been president (for the second time) for more than 100 days. And in that time has reportedly ...

Read more
News

Decades-old Oregon death potentially linked to notorious serial killer

May 10, 2025
News

Miami museum opens a new exhibit that examines a century of swimwear and its connection to Florida

May 10, 2025
News

Trump tosses 3 Dems off of federal commission behind gas stove ban; one was simply locked out of the building

May 10, 2025
News

Why Netanyahu Might Be on a Collision Course With Trump

May 10, 2025
Records Offer Glimpses Inside the Doomed Prosecution of Eric Adams

Records Offer Glimpses Inside the Doomed Prosecution of Eric Adams

May 10, 2025
Judge Frees Tufts Student Arrested for Op-Ed in Huge Loss for Trump

Judge Frees Tufts Student Arrested for Op-Ed in Huge Loss for Trump

May 10, 2025
Travelers can ‘fly like a cardinal’ on direct Chicago-to-Rome flight in honor of Pope Leo, charter company reveals in cheeky new ad

Travelers can ‘fly like a cardinal’ on direct Chicago-to-Rome flight in honor of Pope Leo, charter company reveals in cheeky new ad

May 10, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.