DawgTalkers.net Forums DawgTalk Palus Politicus Trump Campaign Promises Part 5

Anyone who pays taxes. If you don't pay taxes, you don't get a cut. The more you make the more you get back that is how it works.

So the people who need it the least will get the most and those who need it the most will get the least. Perfect!

that's not how they are designing the bill.

Posted 15 hours ago.

If you pay in more, you should get more back from a tax cut. Handouts are in another line.

So yes, the people that need it the least get the most. Thanks. Hand outs? Did you return your Covid stimulus checks?

Buyers of $TRUMP meme spent $148 million to win dinner with president Trump

Buyers of US president Donald Trump's $TRUMP meme coin spent an estimated $148 million in the contest to win the opportunity to dine with the president at his private golf club outside of Washington, D.C. on May 22, according to crypto intelligence firm Inca Digital.

The event, which the president promoted on social media as the "most EXCLUSIVE INVITATION in the world," promised the top 220 holders of the $TRUMP meme coin an invite to a gala dinner with the president, while the top 25 will also enjoy "an ultra-exclusive private VIP reception" with the president as well as a "Special VIP Tour." The GetTrumpMemes.com website posted on Monday: "Congratulations, if you're in the top 220 on the leaderboard... President Trump will see YOU on May 22 at the Gala Din ..

The coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Monday, as the contest ended, $TRUMP was trading around $14.

Since the coin launched in January, 592,962 wallets have lost a combined $3.9 billion Inca said.

The top holder of $TRUMP meme coins on the leaderboard was a wallet called "SUN" with nearly $18.5 million worth of the coin in time weighted holdings. The wallet is owned by Seychelles-based crypto exchange HTX, according to blockchain analysis firm Arkham.

Other holders in the top 25 included companies based in Singapore and Hong Kong.

After Trump won the presidency, Sun said he invested a total of $75 million into the family's new cryptocurrency venture, World Liberty Financial. In addition to being the single-largest known investor, Sun also became an advisor to the project.

In February, the U.S. Securities and Exchange Commission said it paused its 2023 fraud case against Sun, citing public interest.

The SEC declined to comment.

Coming in last place, at number 220 on the leaderboard on was an anonymous wallet simply known as "ces," which held about $59,000 worth of time-weighted coins. The terms and conditions of the event noted that Trump may not attend and it could be "cancelled for any reason."

In January, the Trump Organization announced that the president's investments, assets and business interests would be held in a trust managed by his children and he would play no role in day-to-day operations or decision making. The family named a prominent attorney, William Burck, as an ethics adviser to "avoid any perceived conflicts of interest."

On April 24, the Trump Organization subsequently fired Burck, citing his representation of Harvard University in its funding battle with the Trump administration. The company has not named a replacement. Burck did not offer comment.

The White House and the Trump Organization did not respond to requests for comment. In an earlier response to Reuters regarding criticisms by Democratic lawmakers that the meme coin dinner poses conflicts of interest, White House Deputy Press Secretary Anna Kelly said: "President Trump's assets are in a trust managed by his children. There are no conflicts of interest."

The current market value of all $TRUMP coins is $2.74 billion. A company controlled by the Trump family and a second firm together hold 80% of the remaining supply of the meme coins, which are advertised with an image of the president raising his fist in reference to his July assassination attempt.

So far, the entities behind the Trump coin have earned $320.19 million in fees, including at least $1.35 million after the dinner announcement, according to blockchain analytics firm Chainalysis.

Some government ethics experts say the $TRUMP meme coin allows anonymous foreign individuals to personally purchase access to Trump, triggering a volley of complaints from Democratic lawmakers to the U.S. Securities and Exchange Commission.

Connecticut Democratic Senator Richard Blumenthal, ranking member of the Senate's Permanent Subcommittee on Investigations, has opened an inquiry into whether Trump's crypto enterprises violate government ethics requirements.

Both Connecticut Democratic Senator Chris Murphy and Oregon Democratic Senator Jeff Merkley have each introduced bills aimed at ending the ability of presidents and members of Congress to profit off crypto assets. California Democratic Congressman Sam Liccardo introduced companion legislation in the U.S. House.

"The Trump meme coin is the single most corrupt act ever committed by a president," said Sen. Murphy in a statement to Reuters on Friday. "Donald Trump is essentially posting his Venmo for any billionaire CEO or foreign oligarch to cash in some favors by secretly sending him millions of dollars."

Of particular concern, the lawmakers say, is the way Trump has moved to curb crypto enforcement and ease regulation at the same time as his family stands to benefit financially from the sector. In April, the DOJ dismantled its crypto enforcement unit.

A spokesperson for the DOJ told Reuters: "This Department of Justice will continue to prosecute those who victimize digital asset investors or those who use digital assets in furtherance of crimes."

Since the $TRUMP meme coin launch three days before the president's inauguration, returns have favored large investors. More than 60 large wallets have profited close to $1.5 billion, with $48 million in profits occurring after the April dinner announcement, according to reviews by Inca Digital and crypto analytics tracker Bubblemaps as of May 8.

At least two of the largest investors in the $TRUMP contest have made profits in excess of $10 million each, Inca Digital found, while 15 investors have made more than $1 million.

Meanwhile, about 600,000 other wallets have lost $3.87 billion so far, with $117 million of losses occurring after Trump announced the dinner on social media, Inca and Bubblemaps found. The purchases were of coins that have already been issued, meaning Trump's family collected relatively small amounts of fees.

One of those is Kali, a 27-year-old in Hawaii who plans luxury vacations for high net worth individuals and asked that her last name not be used due to fear of being harassed by others in the crypto industry. She said she spent about $10,000 on the coin, at an average of $15 per coin.

In the days leading up to the contest, as the coin's price began to climb again, she was holding her breath and hoping to break even by the time the contest ends today.

The $TRUMP meme coin is part of the Trump family's growing array of crypto ventures including the trading platform World Liberty Financial, Trump Media & Technology Group's new crypto ETFs, a crypto mining operation, American Bitcoin, and a stablecoin pegged to the U.S. dollar called USD1.

https://economictimes.indiatimes.co...rticleshow/121124815.cms#google_vignette

"We're auctioning off direct access to the president of the United States for profit! Anybody want in? And I do mean anybody."

The trump $250 bill?

The trickle down job creators… aka the 1%… aka the elite. DotD roots for team never worked a day in their lives. He aspires to join them “when his ship comes in”… You know, the very definition of voting against your own interests. A true card carrying member of the “Rah Rah” take the rest of my wealth crowd.

Only 1 party taking my wealth and it is not Republicans. Democrats raise taxes, Democrats cause inflation (see Jimmy C and Joe B), Democrats are run by the "Elite" and foster a class of people into needing them and waiting for government handouts. Do nothing for them really except keeping them needy. I want smaller government, more of my money to stay in my pockets, and a government that stays out of my business. You can keep your needy hands out waiting for your handouts!!!

Meanwhile the trump brigade has commercials on all the TV networks still campaigning and false advertising how his administration has already cut taxes for the middle class and reduced inflation, brought jobs back to US with increasing tariffs. Say it enough and their minions believe it. SMFH these people are bat s crazy.

Nothing but crickets about anything substantial. And their favorite two words. “We’ll see” because that’s all they have.

Your problem is you have been fooled into thinking trump, who was born with a silver spoon in his mouth is not an "elite". You have been convinced to help them line their pockets with millions upon millions as they give you a few leftover peanuts. You have been conned and can't seem to figure it out yet.

You have a billionaire president with a billionaire going around cutting government jobs with no rhyme or reason so randomly they have to keep going back and rehiring the very same people they fired.

And you still think they give a damn about you?

You’ve drown in the kool-aid pal. But hey, you get a year of pennies off your taxes before reality hits! So, good on you.

Here is a list if people with trump in Saudi Arabia.................

Tech:

Elon Musk: CEO of Tesla and SpaceX, and a top advisor to Trump.
Sam Altman: CEO of OpenAI, a leading artificial intelligence research company.
Andy Jassy: CEO of Amazon.
Ruth Porat: President and Chief Investment Officer of Alphabet (Google).
Jensen Huang: CEO of Nvidia, a major chip manufacturer.
Arvind Krishna: CEO of IBM.
Alex Karp: CEO of Palantir Technologies, a data analytics company.

Finance:

Stephen Schwarzman: CEO of the Blackstone Group, a private equity firm.
Larry Fink: CEO of BlackRock, a global investment management corporation.
Jane Fraser: CEO of Citigroup.

Other Industries:

Kelly Ortberg: CEO of Boeing.
James Quincey: CEO of Coca-Cola.
Jeff Miller: CEO of Halliburton.
Dara Khosrowshahi: CEO of Ube

This wasn't a foreign visit representing the United States. This was a business venture representing crony Capitalists. But hey, we paid for it and the end isn't that what trump cares about?

trump put him in charge of what?

Yeah, shame on Trump trying to expand US business ventures. Bringing possible job opportunities to our citizens, helping the US economy!!!

I see you love paying the cost of a trip for billionaires. I understand how financially draining you must think it would be for them to pay their own way for huge investments being put into their businesses. Trump just made you help pay the expenses for billionaires and you support it. No wonder the poor can never get ahead. They want Saudi Arabia to sign huge business deals to line their own pockets. Let them pay for it. Unless of course you think we have more money to pay their expenses than they do?

Just a general comment, The President is killing it.

I do not want Trump or the government to give me anything. I just want them to not take so much. I see the government as taking and not giving. I do not need them to give me anything just stop taking so much. Smaller government, less taxes, less handouts, and more people working for what they have.

I work for the DoD and directly affect national security. Would you be okay if I took gifts from foreign nations?

I think we agree on the phrasing, but not the meaning.

Do you mean democracy?

Millions of people that work full time make so little they too get handouts. Millions of people on Social Security have benefits so low they too receive handouts.I think you're too brainwashed to see what's really going on here. People getting food assistance isn't what's draining our economy. It's billionaires and millionaires not paying their fair share of taxes. You know, the same billionaires you think tax payers should pay their travel expenses to Saudi Arabia to line their pockets with business deals. Because Lord knows they can't afford to pay for their own travel.

You advocate they take less while trumps budget includes spending much, much more. Who runs the budget at your house?

I notice you didn't say a word about Musk cutting off food and medicine around the globe to starving and malnourished children by ending USAID. Then I see you advocating that taxpayers foot the bill for Musk's travel. Then I see you use a Bible verse in your signature. That math doesn't add up for me.

I do always find it interesting how welfare and taking often gets aimed at poorer people, and surely there are people on that end of the spectrum who milk the system. However, with all the bailouts we've seen, campaign contributions, etc. how people do not understand the concept of corporate or elite "welfare" is beyond me. Megadonors and PACs don't funnel billions of dollars into these campaign contributions out of the goodness of their hearts. Same with foreign governments transferring "assets."

There are several large American corporations and businesses that pay wages so low that many of their workers qualify for food assistance, medicaid for their children and even housing assistance. Somehow the ire of many are thrust upon those workers more so than the companies. What it boils down to is that American tax payers are subsidizing these businesses workers instead of the companies paying a living wage and decent benefits. These companies are raking in profits as tax payers foot the bill for their workers. How people can't see that is pure corporate welfare is beyond me.

I advocate that taxes should be low. There are plenty of good wage jobs out there and folks are not willing to work. Almost every business these days are hurt by employees not showing up to work. These same people not showing to work get government assistance. That is wrong. I do not believe in hand outs. Social security is a system designed for workers and their employers to pay into so workers can be better assisted in their retirement, but we have people draining the system of funds that did not pay in so instead of cutting that funding we want other to pay more. That is wrong. There are other means for these people to get assistance. The government handouts funded by taxpayers is not the proper system.

Where are all of these "good wage jobs" that people are unwilling to work? Can you give any sources to show that people who work don't show up so they qualify for government assistance or is that your "feelings"?

I have shown you how millions of Americans that work full time still qualify for government assistance and you have nothing to say about that. It's not that they aren't showing up for work. It's that the pay places them below the poverty level. I have shown you that millions of people on social security draw so little they too qualify for your tax dollars and you have nothing to say about any of that. And just as a reminder......

Matt. 25:33-45

33 And he shall set the sheep on his right hand, but the goats on the left.

34 Then shall the King say unto them on his right hand, Come, ye blessed of my Father, inherit the kingdom prepared for you from the foundation of the world:

35 For I was an hungred, and ye gave me meat: I was thirsty, and ye gave me drink: I was a stranger, and ye took me in:

36 Naked, and ye clothed me: I was sick, and ye visited me: I was in prison, and ye came unto me.

37 Then shall the righteous answer him, saying, Lord, when saw we thee an hungred, and fed thee? or thirsty, and gave thee drink?

38 When saw we thee a stranger, and took thee in? or naked, and clothed thee?

39 Or when saw we thee sick, or in prison, and came unto thee?

40 And the King shall answer and say unto them, Verily I say unto you, Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me.

41 Then shall he say also unto them on the left hand, Depart from me, ye cursed, into everlasting fire, prepared for the devil and his angels:

42 For I was an hungred, and ye gave me no meat: I was thirsty, and ye gave me no drink:

43 I was a stranger, and ye took me not in: naked, and ye clothed me not: sick, and in prison, and ye visited me not.

44 Then shall they also answer him, saying, Lord, when saw we thee an hungred, or athirst, or a stranger, or naked, or sick, or in prison, and did not minister unto thee?

45 Then shall he answer them, saying, Verily I say unto you, Inasmuch as ye did it not to one of the least of these, ye did it not to me.

46 And these shall go away into everlasting punishment: but the righteous into life eternal.


But you know, "No handouts!" Because lower taxes means more to you than the words of Christ.

If by 'it', you mean certain portions of the Constitution that make up the core of our democracy, then you'd be right.

That is our individual plight to feed to hungery, cloth the pooor etc... It does not say give handouts to those that don't work. It does not say to take from the rich and give to the poor. That is not biblical at all. Actually the Bible states in 2 Thessalonians 3:10
King James Version 10 For even when we were with you, this we commanded you, that if any would not work, neither should he eat.

So spare me your miss interprupted Bible verses. Do you give to your church? Do you pay tithes and offernings. If not the Bible says you rob God. When you rob God you are not performing the bible verses you quotes above.

Even when the word of Christ puts it into plain English you make excuses as to why you advocate the opposite. He even talks about people in prison. As you might put it "common criminals". Are those people he speaks of "working"? I had no idea that people in prison worked.

I'm not the one who has a Bible verse in my signature and then makes excuses to ignore what it says. You have totally sidestepped the millions of those who work full time and qualify for government assistance. You totally ignored the millions on Social Security that have to depend on government assistance.

And let me explain to you what you are referring to when you talk about people who "Do not work". You're actually talking about their children for the most part. Most of the benefits are given out to the mothers who have children, not healthy men. Do you also advocate we punish these children because they have deadbeat dads? What would Jesus do?

Why are we punishing them? Why are you advocating that the government takes care of them with other people's money? They should seek assistance in other ways local churches, charitable organizations. One person's hard-earned money taken from them and spent on others. If someone chooses with their free will to help assist families in need and many of us do and would do more if we could keep more of what we earn. The government should not take from one and give to another. That is wrong in every sense.

j/c

Trump statement from his visit in Qatar.......

"When you look at what's happening with Russia and Ukraine the drone is killing tremendous numbers of people," Trump said during a press conference in Doha, Qatar. "You hide behind a tree and the drone comes down and it circles you with fire. You don't have a chance and the tree comes down also by the way."

"It's so intense the— I mean you see these trees being knocked down like..." he continued. "Like they're being sawed down by a top of the line, uhh, timberman like... Like... You know who? Sean... Duffy."

"Do you know that Sean Duffy, the head of the Transportation Department, who's working right now on the airports and getting a system because Biden didn't do a thing for four years and Pete Buttigieg was the head and he goes bicycling to work," said Trump.

"He takes a bicycle to work, can you believe it? He's head— He's running the biggest air system in the world and he takes a bicycle to work. What a— And they say he's going to run for president, I don't see it." Trump went on. "Who knows right? But I don't see it."

"But, uh, when I look at what they've done uh, it's so horrible what they've done and the work they did do they wasted billions of dollars," Trump went on. "They tried to hook up air systems to... To copper. They tried to hook up copper to glass and the glass doesn't work with the copper and..."

"Uh they had 30,000 different contractors doing 30,000 jobs and when they put it all together they spent billions of dollars. It didn't even come close to working and we're going to be giving out a brand new system," said Trump.

"It's very important. We'll have the best system. And we think we know who that system is but we have a lot of bidding," he went on.

"But we want one check," he continued. "We want a unified system. We don't have, uh, 5,000 contractors and all different places, some digging ditches and some not doing ditches because they want to go by satellite. Satellite seems to be the way to go. We're going to be giving that out pretty soon."

"But what people don't know about Sean cause I mentioned lumberjacks that Sean — you probably didn't know this that uh — I'm not talking about this Sean, this Sean no, not, this is not... This is a different Sean," Trump said.

"Sean Duffy, the head of Transportation. He's a great Sean though, I have to tell you but Sean Duffy was the world champion for five years climbing trees and down, up and down, world champion!" Trump said, struggling to string together his thoughts. "So that's what you call a serious a lumberjack."

"And he's doing a fantastic job too, a really respected guy and terrific guy and I mentioned the champion because when somebody's the champion — he's the world champion for a long time — he came down, when you come down those trees, coming down at a rapid... He said that started getting your back. You will often break your back! You... You miss... You miss a shot and you're coming down a lot faster than the human body was meant to come down. But he's doing a fantastic job at Transportation. But this has been a very, uh, historic trip."



He could have said that Musk's Starlink was going to get yet another multi billion dollar contract to upgrade the air system without sounding like an idiot at the same time. But then that wouldn't have been very trump like.

Somehow you think that churches and charities can address all of these people's needs. That's so far out of whack it's no longer worthy of trying to discuss this topic with you.

The last time I checked a lot of them were too busy building megachurches and buying jets to have a lot left over to solve that problem.

What does not work the way it is done in our country today is government handouts causes lifestyle of dependency and bad culture. See slums in all cities. Generational poverty is a product of government handouts. People that need assistance should go thru churches and other charitable programs that promote getting the needy back on their feet and into a productive lifestyle. Also saves taxpayers money. Throwing money at problems does not fix problems. Lief style changes fix problems and can change generational poverty. Although liberal socialist really does not want to change the system and lose people dependent on them.

His quotes in that article read like the auto-transcripted Pat Shurmur press conference from 2012.

Oh
My
God.

The only thing missing from this mess is your choice of dressing.
If this came from the mouth of an elderly relative, we'd be seeking help from a memory care facility.

Compare this string of disjointed words to anything he said just a few years ago, and the truth couldn't be any clearer.

And before anyone tries to knee jerk the pitifully predictable response:
Biden.

Beat you to it, saved you some typing.
You're welcome.

Peen? DotD?


https://www.msn.com/en-us/money/com...ce466d27f043f2ad2f617fa31b6672&ei=58



GD Culture Group, a small technology company with ties to China, announced its plans to buy as much as $300 million of $TRUMP — President Donald Trump’s memecoin.

The firm, which employs eight people, produces short videos for the Chinese-owned social media app, TikTok. While the company recorded no revenue last year, it announced this week that a mysterious stock sale would allow it to invest in Trump’s memecoin, The New York Times reported.

Trump, who has recently planned two lavish cryptocurrency-focused dinners — one of which cost a whopping $1.5 million to attend— has raised the alarm of ethicists who caution that his endeavors with his memecoin and crypto company, World Liberty Financial, could pose a conflict of interest.

GD Culture Group, which is traded on the Nasdaq, said that it would spend $300 million on a stockpile of Bitcoin and $TRUMP. It would be paid for using funds from a mysterious stock sale to an unnamed entity in the British Virgin Islands, a popular tax haven.

The purchase would directly fill the pockets of Trump’s family, as around 80 percent of the memecoin supply is controlled by the Trump Organization and its affiliates.

Trump, who has pushed to integrate crypto more with the U.S. since taking office in January, will “likely profit from the very policies he is pursuing,” State Democracy Defenders Action, a nonprofit dedicated to fighting election sabotage and autocracy, said in a recent report.

“The regulation of digital assets is in its nascency, but rather than divest his crypto assets to avoid any possible conflict of interest, President Trump seems to have positioned himself to maximize profiting from them by adopting a less aggressive regulatory and enforcement program than his predecessor,” the group wrote.

The morally questionable purchase also comes at a time when Trump is trying to reach a deal that would allow TikTok to continue operating in the country.

GD Culture Group, for its part, said it hoped the purchase would “enhance its balance sheet with high-performance, scalable digital assets,” according to a press release from the company.

Any purchase by the group, however, would be the first known instance of a China-linked firm buying Trump’s memecoin, per the Times report.

“The Chinese government may intervene or influence its operations at any time,” the company said in an annual report filed in March.

The firm, which employs eight people, produces short videos for the Chinese-owned social media app, TikTok. While the company recorded no revenue last year, it announced this week that a mysterious stock sale would allow it to invest in Trump’s memecoin, The New York Times reported.

Trump, who has recently planned two lavish cryptocurrency-focused dinners — one of which cost a whopping $1.5 million to attend— has raised the alarm of ethicists who caution that his endeavors with his memecoin and crypto company, World Liberty Financial, could pose a conflict of interest.

GD Culture Group, which is traded on the Nasdaq, said that it would spend $300 million on a stockpile of Bitcoin and $TRUMP. It would be paid for using funds from a mysterious stock sale to an unnamed entity in the British Virgin Islands, a popular tax haven.

The purchase would directly fill the pockets of Trump’s family, as around 80 percent of the memecoin supply is controlled by the Trump Organization and its affiliates.

Trump, who has pushed to integrate crypto more with the U.S. since taking office in January, will “likely profit from the very policies he is pursuing,” State Democracy Defenders Action, a nonprofit dedicated to fighting election sabotage and autocracy, said in a recent report.

“The regulation of digital assets is in its nascency, but rather than divest his crypto assets to avoid any possible conflict of interest, President Trump seems to have positioned himself to maximize profiting from them by adopting a less aggressive regulatory and enforcement program than his predecessor,” the group wrote.

The morally questionable purchase also comes at a time when Trump is trying to reach a deal that would allow TikTok to continue operating in the country.

GD Culture Group, for its part, said it hoped the purchase would “enhance its balance sheet with high-performance, scalable digital assets,” according to a press release from the company.

Any purchase by the group, however, would be the first known instance of a China-linked firm buying Trump’s memecoin, per the Times report.

“The Chinese government may intervene or influence its operations at any time,” the company said in an annual report filed in March.

Churches can NOT cover it. Do you want to know why?

Rent assistance program

HEAP

Food stamps

Welfare

There's no way churches can cover all of those costs.

Your issue is you concentrate on a portion of society while forgetting about all of the people who legitimately need these programs. You have been programmed to think a certain kind of way and seem to forget about the millions upon millions of children that depend on these programs to keep a roof over their heads, food in their bellies and heat in their homes. You ignore the millions on social security who also depend on these programs. Instead you focus on the parts the most negative and ignore the rest. Shame on you.

Trump family crypto venture tapped as part of $2B Emirati-backed investment deal

The deal is expected to utilize World Liberty Financial's USD1 stablecoin.

An Abu Dhabi state-backed investment firm is making a major $2 billion investment in a crypto business deal that could serve as a major boost for Trump family crypto venture World Liberty Financial, according to Zach Witkoff, co-founder of World Liberty Financial.

USD1, World Liberty Financial's so-called "stablecoin" -- a digital asset designed to maintain a stable value -- is expected to be used to complete Emirati investment firm MGX's $2 billion investment transaction in crypto exchange Binance, Witkoff said during an appearance with President Donald Trump's son Eric Trump at a crypto convention in Dubai this week.

"We are excited to announce today that USD1 has been selected as the official stablecoin to close MGX's $2 billion investment in Binance," Witkoff announced in a video recording of the event posted on X. "We thank MGX and Binance for their trust in us, and I think it's only the beginning."

After once deriding cryptocurrency as a "scam," President Donald Trump last September announced he and his sons Eric and Don Jr. were throwing their support behind World Liberty Financial, though its business model was largely unclear. This week's development is the latest example of a foreign entity making a major investment that could boost a Trump family business.

Cryptocurrency and ethics experts told ABC News that the timing and scope of the Trump family's foray into cryptocurrencies raise questions about whether investors -- including those from overseas -- could try to leverage their investments to curry favor with the administration. Critics have raised issues with the Trump administration's regulatory role over cryptocurrencies while he stands to personally benefit from cryptocurrency ventures.

"Essentially, the president is taking the weakness in our current ethics laws that allow a president to continue to hold financial interests in businesses while he's in a position of presidency to just a whole new level in this administration," said Danielle Brian, executive director of the Project on Government Oversight, a nonpartisan government watchdog.

Trump has yet to release his financial disclosures as president, so it's unclear what arrangements he has made to ensure a firewall between his personal businesses and his presidency. Last month a White House spokesperson told Reuters in a statement that "President Trump's assets are in a trust managed by his children. There are no conflicts of interest."

The USD1 announcement was made during what the organizers described as a "fireside chat" between Eric Trump and Zach Witkoff, a son of Trump's Special Envoy to the Middle East Steve Witkoff, which was moderated by Justin Sun, a Chinese-born crypto mogul who became one of World Liberty Financials' biggest investors the day before Trump's inauguration by purchasing $75 million worth of its other coin, WLFI.

A month after that investment, SEC lawyers under the Trump administration moved to halt an alleged fraud case against Sun.

Zach Witkoff during the event also announced that World Liberty Financial will be "natively integrating" its USD1 coin with Tron, a cryptocurrency founded by Sun, boasting that they will be "minting" hundreds of millions of dollars to billions of dollars of coins from the arrangement.

Much of World Liberty Financial's operation is still shrouded in mystery, but its founders have touted its ambitious goal of integrating their venture into the everyday traditional retail system.

During the event, Zach Wikoff said he wants to walk into a deli in New York City or the Four Seasons in Abu Dhabi and freely use World Liberty Financial's tokens. Eric Trump, in response, jokingly admonished Zach Witkoff for using Four Seasons Abu Dhabi as an example, and not Trump Tower.

Zach Witkoff claimed World Liberty Financial's USD1 coin, backed "one-to-one by short-term treasuries and cash equivalents," will become "the most transparent, the most regulated, stablecoin in the world."

The Trumps and the Witkoffs have together raised at least $550 million for World Liberty Financial coins, according to the New York Times.

During this week's event, Eric Trump also discussed additional Trump business ventures in the UAE, saying that the Trump Organization was able to speed through a permit for a new skyscraper with the highest swimming pool in the world -- expected to be in the Guinness Book of World Records -- just within the last month.

https://abcnews.go.com/US/trump-family-crypto-venture-tapped-part-2b-emirati/story?id=121415842

"GIVE ME THE BEAT BOYS AND FREE MY SOUL,
I WANNA GET LOST IN YOUR ROCK AND ROLL AND GRIFT AWAY."

You seem to think the government is responsible to take from some to give to others and that is right and fair. I do not. I think those in need should seek help and not rely on government assistance from the backs workers.