Showing posts with label kleptocracy. Show all posts
Showing posts with label kleptocracy. Show all posts

Sunday, June 8, 2025

A Comprehensive Accounting of Trump’s Culture of Corruption; The New York Times, June 7, 2025

 , The New York Times; A Comprehensive Accounting of Trump’s Culture of Corruption

"The message seemed obvious enough: People who make Mr. Trump richer regularly receive favorable treatment from the government he runs.

The cryptocurrency industry is perhaps the starkest example of the culture of corruption in his second term. He and his relatives directly benefit from the sale of their cryptocurrency by receiving a cut of the investment. Even if the price of the coins later falls and investors lose money, the Trumps can continue to benefit by receiving a commission on future sales. Forbes magazine estimates that he made about $1 billion in cryptocurrency in the past nine months, about one-sixth of his net worth...

The self-enrichment of the second Trump administration is different from old-fashioned corruption. There is no evidence that Mr. Trump has received direct bribes, nor is it clear that he has agreed to specific policy changes in exchange for cash. Nonetheless, he is presiding over a culture of corruption. He and his family have created several ways for people to enrich them — and government policy then changes in ways that benefit those who have helped the Trumps profit. Often Mr. Trump does not even try to hide the situation. As the historian Matthew Dallek recently put it, “Trump is the most brazenly corrupt national politician in modern times, and his openness about it is sui generis.” He is proud of his avarice, wearing it as a sign of success and savvy.

This culture is part of Mr. Trump’s larger efforts to weaken American democracy and turn the federal government into an extension of himself. He has pushed the interests of the American people to the side, in favor of his personal interests. His actions reduce an already shaky public faith in government. By using the power of the people for personal gain, he degrades that power for any other purpose. He stains the reputation of the United States, which has long stood out as a place where confidence in the rule of law fosters confidence in the economy and financial markets. This country was not previously known as an executive kleptocracy."

Saturday, September 1, 2018

Want to revive the political center? Fight corruption.; The Washington Post, August 31, 2018

Anne Applebaum, The Washington Post;

Want to revive the political center? Fight corruption.


"Any serious anti-corruption, anti-fraud platform should also have an international angle, because the spread of corruption in the United States is part of a larger sickness that now afflicts the entire Western alliance. Jointly, the United States, Britain, Germany, France, the rest of Europe — as well as Japan and Australia — are now locked in a real, life-and-death struggle against international kleptocracy. All of our political systems are now vulnerable to Russian and Chinese bribery and influence-buying. All of our online media is now the target of full-time political manipulation.

To preserve our democracies and maintain rule of law, we need to push back, as allies, using not just sanctions but also new laws limiting — or eliminating — the use of tax havens and the broader money-laundering toolkit."

Tuesday, August 1, 2017

Trump risks US being seen as 'kleptocracy', says ex-ethics chief Walter Shaub; Guardian, July 31, 2017

David Smith, Guardian; Trump risks US being seen as 'kleptocracy', says ex-ethics chief Walter Shaub

"The former head of the US government ethics watchdog has warned that Donald Trump’s conflicts of interest put the country at risk of being seen as a “kleptocracy”.

Speaking to the Guardian, Walter Shaub, who quit this month as director of the Office of Government Ethics (OGE), condemned the president for using his hotels and other properties for government business in what is in effect a free advertising campaign.

“His actions create the appearance of profiting from the presidency, and the appearance here is everything because the demand I’m making is so much more than ‘have a clean heart’. It’s ‘Have a clean heart and act appropriately,’” Shaub said.

“The fact that we’re having to ask questions about whether he’s intentionally using the presidency for profit is bad enough because the appearance itself undermines confidence in government.”
He added: “It certainly risks people starting to refer to us as a kleptocracy. That’s a term people throw around fairly freely when they’re talking about Russia, fairly or unfairly, and we run the risk of getting branded the same way. America really should stand for more than that.”"