Kleptocracy, Inc
a year ago
- #Kleptocracy
- #Conflict of Interest
- #Trump
- Donald Trump prioritized his private businesses over national duties, visiting his golf resort during a market crash.
- Trump's businesses hosted the Saudi-backed LIV Golf tournament, with sponsors including Saudi entities and TikTok, raising conflict of interest concerns.
- Trump's administration is shifting towards kleptocratic practices, ignoring transparency and accountability norms.
- Trump's family launched a cryptocurrency business, World Liberty Financial, potentially enabling indirect bribes.
- Trump's Treasury Department stopped enforcing the Corporate Transparency Act, aiding anonymous investors and money laundering.
- Trump fired inspectors general and reduced oversight in financial and government institutions.
- Elon Musk benefited from reduced regulations, influencing agencies that oversee his companies like Tesla and SpaceX.
- Trump's policies and decisions are increasingly influenced by personal and financial interests of his inner circle.
- The media and opposition must highlight and resist the slide into kleptocracy to preserve democratic norms.