UPDATE: Donald Trump Takes Office as the 47th US President



Walz: So many Americans thought, “We need to hire a businessman to run government like a business.” Two things about that are wrong. First, no—we don’t need to run government like a business, because we’re not in the profit-making business. We’re in the business of improving lives and looking toward the future.

And second, this guy has a proven track record of being an absolute failure.
 

Yep this is why some white people are pissed off with Trump right now and this is why I saw white people got a reality on what’s really going on with some parts of their race. The white people are hurting really bad right now it’s rural white people.
 
Trump Promised No New Business Deals With Foreign Governments. He Lied.

His family’s real estate deals put the president in direct conflict with the Constitution.

JUDD LEGUM
May 5, 2025


On January 10, 2025, President Trump released an “ethics agreement” detailing how he would handle his personal business interests while in the White House. It is remarkably weak and does not require Trump to divest any of his holdings. Unlike a similar agreement for his first term, it does not prohibit the Trump Organization from striking new deals abroad while Trump is president. Instead, it simply prohibits the Trump Organization from striking deals directly with foreign governments.

Trump’s second-term ethics agreement is such a permissive document that it is challenging to find a way to violate it. But three months into his presidency, Trump has found a way.

Last Thursday, the Trump Organization struck a deal to build a $5.5 billion Trump International Golf Club in Qatar. To develop the project, the Trump Organization is partnering with Dar Global, a Saudi Arabian company, and Qatari Diar, a company owned by the Qatari government. Qatari Diar was established by Qatar’s sovereign wealth fund in 2005. Its stated purpose is to “coordinate the country’s real estate development priorities.”

Eric Trump, who runs the Trump Organization, said that the deal was only with the Saudi company and not Qatari Diar. “We have zero relationship with them,” he insisted in a statement.

That appears to be false.

“We are incredibly proud to expand the Trump brand into Qatar through this exceptional collaboration with Qatari Diar and Dar Global,” Eric Trump said in a press release. “Trump International Golf Club Simaisma and our luxury villa community will reflect our highest standards of quality, prestige, and timeless elegance.”

At the announcement of the deal, the president’s son appeared alongside Abdullah bin Hamad bin Abdullah Al Attiya, a Qatari government official and the Qatari Diar Chairman. As the deal was signed, he posed in front of a backdrop featuring the logos of the Trump Organization, Dar Global, and Qatari Diar.

Separately, the Trump Organization announced it was also partnering with Dar Global to build a new Trump International Hotel & Tower in Dubai. While Dar Global is not formally owned by the Saudi government, it “has close ties to the Saudi government.” The tower, slated to be completed in 2031, will feature the highest rooftop infinity pool in the world.

20250505-trumpdubaiinline.jpg

A rendering of Trump International Hotel & Tower, Dubai.

It will also be home to a private club called “The Trump,” which “brings together wellness, business, and the timeless atmosphere of a classic private club.”

Last week, another company owned by the Trump family, the crypto firm World Liberty Financial, announced it would be involved in a transaction involving a foreign government. Zach Witkoff, the co-founder of WLF, announced that MGX, a venture firm owned by the government of Abu Dhabi, would make a $2 billion investment in the crypto exchange Binance, using WLF’s embryonic stable coin, USD1. Stable coins are crypto assets pegged to traditional currency in an effort to avoid the volatility of other tokens.

There is no reason for MGX to finance the transaction with the little-used USD1, rather than cash or a more established stable coin, other than the desire by MGX and Binance to ingratiate themselves with the Trump family. MGX is chaired by Sheikh Tahnoon Bin Zayed Al Nahyan, who met with President Trump at the White House in March. Binance has been subject to oversight by the federal government after admitting in 2023 to violating money laundering laws.

The flurry of deals comes just days before Trump is scheduled to travel to the region. In a trip scheduled for May 13-16, Trump will visit Saudi Arabia, Qatar, and the United Arab Emirates.

The exact financial arrangements, including the direct financial benefit to President Trump, remain opaque. But discussions of trade, military assistance, and other issues are now inextricably entwined with Trump’s private real estate investments. Trump is openly leveraging his position as president to enhance his personal finances.

This is not normal.

Previous Republican and Democratic presidents, including Joe Biden, Barack Obama, and George W. Bush, sought to eliminate even the appearance of conflicts. Biden and Obama divested of all assets except for cash and diversified mutual funds. Bush placed his assets into a qualified blind trust, which means investment decisions were made without his knowledge or input. They did not enter into new business ventures while in the White House—much less a new venture directly with foreign governments.

Trump has imposed high tariffs on nearly every country, including 145 percent on China, as part of a strategy to force businesses to invest domestically. “Remember, there are no tariffs if you build your product here,” Trump said Sunday on Meet The Press. “It’s very easy. It’s very simple.” Trump also insisted that American consumers should be willing to pay more for some items, or forgo purchases completely, to support this effort. “I’m just saying [American children] don’t need to have 30 dolls. They can have three,” Trump said. “They don’t need to have 250 pencils. They can have five.”

But Trump’s own company, the Trump Organization, is not investing in projects in the United States. Since his inauguration, the Trump Organization has announced new developments in the UAE, Qatar, India and Vietnam. But none in the United States.

20250505-EricTrumpQuatar.jpg

Eric Trump and Abdullah bin Hamad bin Abdullah Al Attiya, a Qatari government official Qatari Diar's Chairman.
 
34 Count Convicted Felon Trump orders feds to reopen Alcatraz to house 'America’s most ruthless and violent' criminals

"REBUILD, AND OPEN ALCATRAZ!" the president said. "For too long, America has been plagued by vicious, violent, and repeat Criminal Offenders, the dregs of society, who will never contribute anything other than Misery and Suffering.

By Greg Wehner Fox News
May 4, 2025


trump-alcatraz.jpg

President Donald Trump is ordering the reopening of a "substantially enlarged and rebuilt" Alcatraz Island to house "America’s most ruthless and violent Offenders."


Trump’s Alcatraz Announcement Comes The Morning After Clint Eastwood Prison Classic Was On Local TV

By Tom Tapp
May 5, 2025


“I guess I was supposed to be a moviemaker,” said Donald Trump today when asked why he decided to reopen the infamous prison on Alcatraz Island.

Turns out there might be a more prosaic answer: Clint Eastwood’s 1979 classic Escape From Alcatraz was shown on a South Florida PBS station the night before. (Trump was at Mar-a-Lago for most of the weekend.)

Local outlet WLRN had the Don Siegel directed prison picture on at 9 p.m. ET Saturday and 11 a.m. ET the following morning. Shortly thereafter, the president posted an emphatic announcement not just once, but twice.

“Today, I am directing the Bureau of Prisons, together with the Department of Justice, FBI, and Homeland Security, to reopen a substantially enlarged and rebuilt ALCATRAZ, to house America’s most ruthless and violent Offenders,” wrote Trump.

Screenshot-2025-05-05-at-5.05.17%E2%80%AFPM.png

There is no direct evidence linking Trump’s sudden decision to reopen the remote penitentiary, which has been closed since 1963, to the film. But Trump did mention movies when explaining the announcement this morning. Also, his public schedule, the White House reporters’ pool report and social media posts from Mar-a-Lago revelers do not refute the assumption that he was otherwise unoccupied at the time.



MSDESFR_EC003.jpg

Clint Eastwood in 'Escape From Alcatraz,' 1979

MV5BNWQyMzEwYzctMzYzZC00ZGM0LWIyZDQtZmJjYWE3OTYxNDA5XkEyXkFqcGc@._V1_UY1200_CR80,0,630,1200_AL_.jpg


 


So you’re telling me we got the rest of the world to do the lowest value, lowest profit margin, most capital intensive, and most cyclical parts of economic activity.

And in exchange, they gave our companies the cheapest priced goods in the world to resell and thrive off of. Which then gave our companies the time to pursue the actual high value parts of economic activity (you know, like Silicon Valley, Wall Street, military R&D, etc).

And all we had to do was give them IOU’s for an imaginary currency unit that we would only ever pay them back in worthless real terms in, if we ever repaid them at all.

And… we were the ones that demanded this system come to an end?
 
Back
Top