Guess who may have made up to $640 million from ‘outside income’ while in the White House?

Guess who may have made up to $640 million from ‘outside income’ while in the White House?

When Jared Kushner wasn’t solving the crisis in the middle east, or saving us from the COVID-19 pandemic, or telling Black Americans that they needed to “want to be successful” in order to live the American dream, he was making money. In fact, he was making a lot of money and digging himself out of a ton of debt. His wife, Ivanka Trump, when she was not hazily working on White House policies and plans with unclear results, was also making lots of money. Just how much money is also nebulous. According to Citizens for Responsibility and Ethics (CREW), a government watchdog that has been tracking the Trump administration’s many conflicts of interest over the past four years, Trump and Kushner made somewhere between $172 and $640 million in “outside income while working in the White House.” Financial disclosures allow for the reporting of income “in broad ranges,” and the Trump family crest is one broad scam.

As CREW points out, the Trump/Kushner line of propaganda that these two would selflessly forgo their potential government salaries while working for our country was an obvious bit of conman slight of hand, as any salary the two could have pulled in for actual public service would have amounted to a percentage of a percentile of what they were able to make thanks to their powerful White House positions. While in their amorphous high positions of power, Ivanka and Jared used the George Orwellian doublespeak misinformation the Republican Party has become known for. On one hand, they told the world that it isn’t “appropriate” that they be asked about the president; at the same time, they defended the president by supporting his lies in the face of overwhelming evidence to the contrary. So where and how did Ivanka and Jared use and abuse their government positions of power? It’s hard to say where they didn’t. 

CREW points out Ivanka’s ownership stake in Trump’s Washington, D.C.. hotel, the one that overcharged and housed every pay-to-play player over the past four years. But here the finances begin to get very muddy. Ivanka and Jared’s financial disclosures combine for somewhere between $23,791,645 and $120,676,949 in outside income for the 2020-2021 year. They include the amazing move by Ivanka to cut the value of her previous years’ stake in the D.C. hotel from “between $5 and $25 million as reported in her previous disclosures to $100,001 to $250,000.” This coincided with the final year in office and … an emerging pandemic. Stroke of luck, I guess?

Remember when they helped U.S. relations in India? You don’t? That’s because they didn’t.

Jared on the other hand, kept his ethically bankrupt interests in Cadre, the real estate technology company that benefited the most from his and Ivanka’s stay at the White House.  This was the company that had Jared seemingly in the hole for around $1 billion when his daddy-in-law Donald took office. This is the same company debt that Kushner conveniently left off his financial disclosure forms. (Side note: Kushner got some of the original seed money he owed from right-wing boogie man George Soros.*) Subsequently, Ivanka began getting trademark deals from Russia and China, and Cadre got lots of secret funding from foreign investors. Then, Ivanka won the Chinese trademark lottery—34 Ivanka trademarks!—coinciding with her father publicly vowing to save China telecom giant ZTE.

Meanwhile, Jared reportedly created a shell company that was used to pay out Trump family members to the tune of more than half a billion dollars from the Trump campaign war chest. To top it off, whatever money deals Jared and Ivanka have been making behind the scenes with foreign bagmen, none of it has translated into anything resembling benefits for America or Americans. In fact, we are in a global pandemic where the logistics of vaccines and vaccine rollouts have been in large part delayed and spotty due to the greed and incompetence of Jared Kushner and his cronies. How much Jared and Ivanka made off of Trump’s campaign war chest or by self-dealing Trump’s inaugural committee funds is still under numerous investigations.

These two rich kids have a long history of being exactly as superficial and elitist and mediocre as one could imagine. Whether it was forcing American taxpayers to foot a $3,000-per-month bill because they refused to allow their Secret Service detail to use of even one of their reported six bathrooms, or just blatantly lying about their crapulence as people, Trump and Kushner have shown that we have generations of born rich corruption still ahead of us.

Big businesses have shown that they will support the most incompetent people like the Trumps and Kushners in any way they feel gives them a better chance at making more money. The need for our country’s justice system to fully investigate and prosecute even the wealthiest and most powerful among us has never been more apparent. Maybe that’s why reports of Donald trying to figure out ways to preemptively pardon his money-makers were so very believable.

* Teehee.

From Daily Kos at Read More. This article is republished from DailyKos under an open content license. Read the original article at DailyKos.

More News Stories


More Political News