Donald Trump’s latest grift is so ethically problematic that even hard-core conservatives should have a problem with it.
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This is an article primarily for Fox News viewers, since they will be intimately familiar with the protagonists of this story.
Did you hear that Rep. James Comer (R-KY) and his team of investigators just uncovered that the deep-pocketed individuals who bought Hunter Biden’s art were given exclusive access to his father Joe while he was president?
You didn’t? That’s because it didn’t happen. However, if it had, then that would have been pretty bad, right?
After all, a piece of Hunter’s art doesn’t have any real value. It’s just a piece of canvas, and only the name of the “artist” makes it worth anything. Which means that people who bought it probably had some kind of ulterior motive… like getting face time with the president of the United States.
Which brings us to Donald Trump.
According to the official website of the president’s meme coin (which even looks super scammy), the top 220 holders of Trump’s crypto token will be invited to a dinner with the old man himself next month.
They get to hear firsthand what he thinks about the future of cryptocurrency, which will be as valuable as getting a toddler’s opinion on quantum computing.
All the president knows about crypto is that it allows him to make a lot of money while others are left holding the bag.
And the top 25 “investors,” i.e., people who give Trump money for something that has no more real value than a Hunter Biden painting (which you can at least use to start a fire), will be invited to an exclusive reception with Trump.
According to the site, which has all of the charm of one of those 30-minute informercials that used to run on TV at night, you can improve your ranking by buying more of the meme coin.
So, if you are a business owner who wants to talk to the president about an exemption from his tariffs, or a representative of a foreign government, you know what to do.
Now, if you say that this is actually a great investment opportunity, you might be interested in hearing what the website has to say about that.
“Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol ‘$TRUMP’ and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type,” it states. “GetTrumpMemes.com is not political and has nothing to do with any political campaign or any political office or governmental agency.”
That last part is just laughable. After all, Trump’s net worth shot up by billions of dollars when he launched his meme coin ahead of the inauguration. Since then, its value has fizzled… until Wednesday.
After the announcement, the “value” of the tokens increased by 60 percent, which primarily benefited the president.
Now, if you don’t see how this is a problem, then you have lost the ability to think rationally.
Of course, you might argue that we didn’t point out how much of a scam it was when Hunter Biden started selling his art.
Except we did. You can (and should) read all about it right here.
That’s because we call out any scam when we see it. Fox News fans should try it some time.
In his Navigating the Insanity columns, Klaus Marre provides the kind of hard-hitting, thought-provoking, and often humorous analysis you won’t find anywhere else