The Trump Presidency’s World-Historical Heist

Source: The Atlantic
by David Frum

“During his first presidency, Donald Trump collected millions of dollars of other people’s money. He charged the taxpayer nearly $2 million to protect him during the hundreds of times he visited his own properties. He accepted millions of dollars of campaign-related funds from Republican candidates who sought his favor. His businesses collected at least $13 million from foreign governments over his first term in office. When it was all over, Trump apparently decided he had been thinking too small. … In his second term, he is reaching for billions … The record of Trump real-estate and business projects is one of almost unbroken failure; from 1991 to 2009, his companies filed for bankruptcy six times. Few if any legitimate investors entrusted their money to Trump’s businesses when he was out of office. But since his return to the White House, Trump has been inundated with cash from Middle Eastern governments.” (05/28/25)

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