#grift
6 entries with this tag
"This Is Imperialism": Eight Months After U.S. Special Forces Seized Venezuela's President in a Raid on Caracas, Trump Announced the United States Had Taken "Majority Control" of More Than 65 Billion Barrels of Venezuela's Oil — a Stake Second Only to Saudi Aramco — Struck With the Government That Replaced the Leader America Captured, to Paper Over the Record Gas Prices His Own Iran War Created
On August 28, 2026, Trump announced on Truth Social that the United States had secured "majority control" of more than 65 billion barrels of Venezuela's proven oil reserves — through a new company, structured with private business, in which the U.S. would hold a 55% stake and the right to buy oil at cost, making it the second-largest corporate holder of proven reserves in the world after Saudi Aramco. He offered few details. The context is what gives the announcement its weight: in January 2026, U.S. special forces raided Caracas and seized Venezuela's president, Nicolás Maduro, spiriting him to the United States to face narcoterrorism charges. The oil deal was then negotiated with the government that took his place, led by acting president Delcy Rodríguez. So the sequence is: the United States removed a foreign head of state by military force, and then took majority control of his country's oil from the government installed in his wake — to lower American gas prices driven to record highs by Trump's own war in Iran and the Strait of Hormuz standoff. Michael McFaul, the former U.S. ambassador to Russia, named it in three words on MS NOW: "This is imperialism." Other analysts called it "colonial" and urged Congress to stop it, while critics called it "yet another Trump grift." A superpower seizing a weaker nation's oil after decapitating its government is the oldest story in the imperial book, and the United States just told it out loud.
Trump Made 3,700 Stock Trades Worth Up to $750 Million — Then His Government Handed Those Companies Contracts and Favors
Financial disclosures reveal Trump made over 3,700 stock trades in Q1 2026 totaling $220M-$750M. The pattern: buy stock, then promote the company or award it a government contract. He bought up to $5M in Dell, told Americans to "buy a Dell computer," then the Pentagon gave Dell a $9.7B contract. He bought TKO (UFC's parent) stock, then staged a UFC fight on the White House lawn. He bought AMD stock on January 6 — a week before Commerce authorized AMD to sell chips to China. He bought Oracle stock as his administration helped Oracle secure TikTok. Jim Cramer was speechless. His investments are not in a blind trust. JD Vance's defense: "The president doesn't sit at the Oval Office on his Robinhood account." The fine for missing his disclosure deadline: $200.
Trump Drops His IRS Lawsuit, Creates $1.776B "Anti-Weaponization Fund" to Reimburse Jan. 6 Rioters With Taxpayer Money
Trump's DOJ officially established the $1.776 billion "Anti-Weaponization Fund" — taxpayer money to reimburse MAGA allies including Jan. 6 rioters. In exchange, Trump dropped his $10 billion IRS lawsuit over the Mar-a-Lago raid. The president settled a lawsuit with himself to create a slush fund he controls. A House Democrat: "the largest single act of grand larceny in American history."
Kennedy Center Whistleblower Exposes Grenell Takeover: $2M Seats Near Trump, Donated Art Removed, Fake Fundraising
Josef Palermo, the Kennedy Center's first visual arts curator, blew the whistle on what happened after Trump installed Ric Grenell — an ex-ambassador with zero arts expertise — as president. $2 million box seats to sit near Trump at Les Misérables. Donated art ordered removed. A donor lounge renamed after a CEO pardoned by Trump. Fundraising numbers allegedly inflated to $130 million. The cast boycotted.
$TRUMP Memecoin Grift
Three days before inauguration, Trump launched the $TRUMP memecoin. It soared to $13 billion market cap then crashed, earning the Trump family $320M+ in fees while 764,000 investor wallets lost a combined $2 billion.
3,700+ Conflicts of Interest
Trump never divested from his businesses, accumulating over 3,700 documented conflicts of interest during his first term. Foreign governments, lobbyists, and GOP groups spent money at Trump properties to curry favor.