Donald Trump’s second inauguration, attended by prominent figures like Elon Musk, Jeff Bezos, and Mark Zuckerberg, saw the enactment of several controversial executive orders. These orders included abolishing birthright citizenship, ending asylum claims, prohibiting federal recognition of transgender Americans, and reversing climate change commitments. The ultra-wealthy openly celebrated these actions, abandoning previous displays of social responsibility in favor of aligning themselves with Trump’s agenda for financial gain and deregulation. This shift signifies a complete abandonment of pretense by America’s oligarchs, prioritizing personal enrichment over social concerns.
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Donald Trump’s new “$TRUMP” meme coin, launched Friday, has seen a dramatic price surge, reaching $26.95 from $0.18, with a market cap exceeding $5 billion. Former aide Anthony Scaramucci condemned the venture as “corruption,” echoing concerns about Trump’s continued use of his image to sell merchandise. Critics cite this as another example of Trump leveraging his position for personal profit, particularly during his presidential campaign. The coin’s rapid growth and the controversy surrounding it highlight the volatile nature of meme coins and raise ethical questions regarding the actions of a president-elect.
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Trump launches a meme coin, and overnight, the cryptocurrency, dubbed $TRUMP, skyrockets to a staggering $32 billion market cap. This astonishing development is prompting widespread disbelief and outrage across the political spectrum. The sheer speed of its rise is unprecedented, hinting at significant artificial inflation rather than organic market forces.
The timing, days before a potential return to the presidency, adds a layer of complexity and suspicion to the situation. Many are questioning the ethics, legality, and potential conflicts of interest associated with such an undertaking. The inherent conflict between holding a position of immense public power and profiting from a personal financial venture of this nature is a blatant violation of the principles of good governance.… Continue reading
President Trump’s 2025 inauguration is shattering fundraising records, with the committee aiming for $250 million—far exceeding previous presidential inaugurations. This massive sum is fueled by unprecedented donations from corporations and billionaires, many of whom stand to benefit from the incoming administration’s policies. Lax regulations allow unlimited contributions from corporations and individuals, and there is minimal transparency regarding how funds are spent or any surplus allocated. A proposed Inaugural Fund Integrity Act seeks to address these issues by limiting contributions, banning corporate donations, and mandating full financial disclosure.
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In his Oval Office farewell address, President Biden warned of a burgeoning oligarchy in America, characterized by extreme wealth and power concentrated in the hands of a few, threatening democracy and equal opportunity. This concentration of power, exacerbated by record corporate lobbying and the influence of billionaires in the recent election, has resulted in a dramatic increase in wealth for the ultra-rich while hindering reform efforts. Biden’s concerns echoed those of Senator Sanders, who has long sounded the alarm about this issue. The incoming Trump administration, packed with corporate figures, further underscores this growing threat to American democracy.
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In a final Oval Office address, President Biden defended his four-year term, highlighting legislative achievements in infrastructure and clean energy while warning of a burgeoning American oligarchy. He expressed concern over the growing influence of wealthy tech entrepreneurs and the spread of misinformation, likening the situation to a “tech industrial complex.” Biden urged accountability for social media platforms and reiterated calls for term limits for Supreme Court justices and ethics reforms for Congress. He concluded by expressing pride in his accomplishments and his enduring faith in American democracy.
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Judge Merchan’s sentencing of Donald Trump to an unconditional discharge is criticized as a mockery of the jury’s guilty verdict on 34 counts. The lack of meaningful penalty is deemed unacceptable, especially considering the severity of the crimes. The author expresses outrage at the delayed criticisms from figures like Bill Barr and John Bolton, questioning their motivations and highlighting the potential consequences of inaction. Ultimately, responsibility for this outcome is placed on voters, Attorney General Garland, the Democratic party, and judges who seemingly applied a lenient standard to Trump.
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A multi-agency investigation in Bogalusa, Louisiana, uncovered a drug trafficking operation distributing opioids, marijuana, and other substances, utilizing social media for sales and firearm purchases. The operation led to seven arrests, including that of 25-year-old Mayor Tyrin Truong, who faces charges related to drug proceeds, vehicle theft, and solicitation. Other individuals face drug distribution and conspiracy charges. The investigation is ongoing, with further details to be released.
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Federal prosecutors allege the discovery of additional criminal conduct by New York Mayor Eric Adams, expanding upon the initial September indictment of five criminal counts including bribery and conspiracy. The prosecutors’ assertion, made in response to Adams’ request for more details on the charges, cites an ongoing investigation uncovering further involvement by additional individuals. Adams and his attorney, Alex Spiro, vehemently deny any wrongdoing, with Spiro criticizing the prosecution’s actions as a headline grab. The government’s refusal to provide more specifics is justified by concerns of witness tampering.
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