Trump’s inner circle appears to be running a smash-and-grab operation on the U.S. Government.
Republished with permission from Thom Hartmann
Donald Trump knows his time is running out, both personally and politically, so he’s doing a smash-and-grab, making off with as much of our (and others’) money as he can. And his family is in on it.
Even though he’s not particularly bright, Trump’s no idiot. He knows his stupid mistake in attacking Iran, his war crimes of murdering unarmed fishermen in the Caribbean, his on-again-off-again tariffs, his massive tax cut for himself and the 13 billionaires in his cabinet, and now his grift where Todd Blanche gifts him the $100 million the IRS was trying to collect while making him eligible to draw from his own $1.776 billion Thug Fund, are all catching up with him.
Inflation is exploding, America is humiliated, working people are furious, and his own Republicans in Congress are starting to rebel. If he’s going to add a few billion more to his family wealth, he has to do it now, because, he knows, the window will be closed after next January when the new Congress is sworn in. And maybe even before then.
Trump’s grifts are running so fast and furious that the media can’t keep up. When Todd Blanche put together the “settlement” of Trump’s phony $10 billion lawsuit against the IRS, “resolving” the case by handing Trump’s hand-picked panel $1.776 billion to distribute as they see fit (including to both J6ers who killed 4 cops and to Trump himself) Blanche included a huge Easter Egg for Trump and his kids: he forgave $100 million the IRS has been trying to collect from Trump and his boys for over 15 years.
The New York Times exposed this in an article with the headline “With Trump’s Deal, a Possible $100 Million I.R.S. Penalty Melts Away.” Back in 2010, the IRS busted him for allegedly claiming a deduction against the losses from his failing Chicago tower twice, a crime called felony tax fraud, and has been trying to collect around $100 million (plus interest) from him ever since.
But this new Thug Fund will eliminate all claims against him, his kids, and his “affiliated entities” and businesses, for all past, present, and future times. So he gets to keep the $100 million (plus interest). And the media—other than that one reference in the Times—seems to have completely ignored it.
There’s just so much. Dissing our allies and embracing Putin and his oligarch and autocrat friends. Going to China where his company owns multiple trademarks he can turn into business opportunities. Betraying Ukraine and Taiwan. Getting back the top-secret documents he stole, which he’s said he wants to sell to the highest bidder like Nixon did. Burying the Epstein files and the charges that he raped multiple 15-year-old girls.
But Wendy Lawrence over at Glass Empires suggests something even darker is going on. She looks at Trump’s behavior and compares it to historical mass murderers like Jim Jones and Hitler who saw the end coming; invariably, they tried to take as many people with them as they could.
I wrote about this back in the summer of 2023 in an article titled, “Will America Face ‘Narcissistic Collapse’ as Trump Descends into Legal Hell?” Narcissistic collapse is what happens when psychopathic narcissists face defeat and humiliation and strike out against the world around them.
Think Hitler in his bunker when my old friend Armin Lehmann, then a 16-year-old Hitler Youth, handed him the news that the war was lost. He wrote a book about his experience, In Hitler’s Bunker: A Boy Soldier’s Eyewitness Account of the Fuhrer’s Last Days, which we discussed extensively when he was first writing it and during the three years Armin and I traveled the world together, lecturing mostly across Europe and the Far East.
Hitler, in those final weeks—Armin told me and the historical record verifies—actually welcomed the destruction of Germany by American and Soviet bombs and tanks.
He hadn’t failed: his narcissism and the cult he had created and surrounded himself with wouldn’t let him confront that.
Instead, in his mind, the German people had failed, his generals had failed, his soldiers had failed. They had failed Germany, but, more importantly they had failed him and his cult—and he wanted them punished for failing him.
I mentioned the stories Armin told me to psychiatrist Dr. Bandy X. Lee on my program, and she confirmed that this is, indeed, a common pattern and Trump could decide to take out as many people as possible when he goes down.
Christopher Armitage, at The Existentialist Republic, notes, as his headline reads, that “Donald Trump Jr. and Eric Trump Are Running a $1.2 Billion Felony Fraud Scheme that is Fully Prosecutable in New York.” More smash-and-grab and, so far, they’re getting away with all of it.
Armitage suggests that New York Attorney General Letitia James could prosecute the Trump boys, but so far she’s shown no inclination to enforce the law in her state when it comes to the Trumps. And given the levels of “militia” death threats and DOJ revenge prosecutions that even minor attacks on the Trumps provoke (think pictures of seashells, for example), her reticence is easily understood.
Armitage noted in a previous post that James could also put Elon Musk in prison for over 100 years and offers “the receipts.” And James is only one of multiple state AGs who could conceivably prosecute Trump and his sons as well as Musk and his Doge boys.
So, what’s to be done about this greedy, criminal, treasonous attack on American institutions and the rule of law? Can we even stop Trump after he’s already pulled in billions in his crypto and alleged insider-stock-trading schemes?
Democrats need to start drawing harder and clearer lines, and do so in ways the press can no longer ignore.
When Congressman Ted Liu held a press conference to say he’d seen evidence suggesting Trump raped young teenagers in the Epstein files, most of the media ignored it. And, as noted, they’re ignoring the $100 million gift Blanche gave him and his boys last week.
So, how do we get the word out?
Political theater works. Fossil fuel billionaires funded the Tea Party to do just that, challenging the legitimacy of our first Black president and telling lies about the ACA, and the DNC and related entities should be thinking of ways do something like it.
And Republicans need to hear from us, to buck up their courage. While Trump could do anything—from sucking up to Putin to stealing from the treasury to raping teenage girls—and his MAGA base would forgive him because he’s done so much to harm Black people and women, the base is only a real factor in primaries. That’s why post-primary-elections we’re seeing a few Republicans turn on him. They need to hear from us.
Call your two senators and your member of the House at 202-224-3121 and let them know what you think. Share this newsletter with everybody you can. It’s entirely possible we won’t have to wait until November/January for change to come; let’s begin pushing for it now.
Thom Hartmann, one of America’s leading public intellectuals and the country’s #1 progressive talk show host, writes fresh content six days a week. The Monday-Friday “Daily Take” articles are free to all, while paid subscribers receive a Saturday summary of the week’s news and, on Sunday, a chapter excerpt from one of his books.
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