Category: the filthy rich

  • ‘The Billion Dollar Deal’: Senate Democrats Detail How Trump Serves Fossil Fuel Industry

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    Article by Jessica Corbett republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

    US Senate Minority Leader Chuck Schumer (D-NY) and Sen. Sheldon Whitehouse (D-RI) speak at a press conference on the fossil fuel industry’s connections to the Trump administration at the Capitol in Washington, DC on September 24, 2026. (Photo by Tasos Katopodis/Getty Images)

    “Our new report exposes this old-fashioned corruption, by a thuggish government and a desperate industry, that is squeezing every last dollar out of Americans’ pocketbooks while they still can.”

    While running for president in 2024, Donald Trump told oil and gas executives that he would pursue their policy priorities if the industry raised $1 billion for his campaign—and after returning to office last year, the Republican did just that, enriching those invested in fossil fuels, including himself, at the expense of the public and planet.

    That’s according to “The Billion Dollar Deal: How the Fossil Fuel Industry Bought the Trump Administration, Cashed In, and Left Americans to Pay the Price,” a report released Thursday by US Senate Minority Leader Chuck Schumer (D-NY) and Committee on Environment and Public Works Ranking Member Sheldon Whitehouse (D-RI).

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    “The fossil fuel industry and their allies bought their way into the Trump White House with hundreds of millions of dollars in political donations, after Trump promised fossil fuel bigwigs at a Mar-a-Lago fundraiser that he’d do anything and everything they wanted, for the right price,” Whitehouse said in a statement.

    “Now, their minions run the government from the inside, driving up energy bills to deliver payouts to the donors that put Trump back in office,” he continued. “Our new report exposes this old-fashioned corruption, by a thuggish government and a desperate industry, that is squeezing every last dollar out of Americans’ pocketbooks while they still can.”

    The report is based on 19 investigations into Environmental Protection Agency (EPA) regulatory rollbacks, 13 probes of nine other agencies, and 13 investigations into 88 separate polluters. Investigators from Schumer’s Anti-Corruption Working Group examined campaign finance filings, corporate earnings, and investor communications.

    The document details how, in the aftermath of Trump’s quid pro quo offer at the Mar-a-Lago fundraiser in 2024, fossil fuel executives, along with their corporate political action committees (PACs) and dark money groups, contributed an estimated $201 million to support Trump and allied Republican lawmakers—plus $19 million toward the inaugural fund.

    “These figures capture only traceable donations,” the report emphasizes. “Other substantial sums flowed to candidate Trump through 501(c)(4) organizations that are not legally required to disclose their contributors. Dark money groups—nonprofits and shell companies that do not reveal their donors—contributed over $1.9 billion into the 2024 elections, up from $1 billion in 2020.”

    The report names key figures from “the fossil fuel donor class” and includes their estimated contribution to Trump’s latest election:

    • Oil and banking heir Timothy Mellon: $151.5 million
    • Energy Transfer executive chair Kelcy Warren: $11 million
    • Elliott Management co-CEO Paul Singer: $8 million
    • CrownQuest Operating CEO Tim Dunn: $5 million
    • Continental Resources executive chair Harold Hamm: $4 million
    • Midland Energy founder and CEO Syed Javaid Anwar: $2 million
    • GeoSouthern Energy CEO George Bishop: $2 million
    • Alliance Resource Partners CEO Joseph Craft III: $2 million
    • Hilcorp Energy executive chair and founder Jeffery Hildebrand: $1.7 million
    • Sunoco board chari Ray Washburne: $611,000

    There’s also former Liberty Energy CEO Chris Wright, who is now Trump’s energy secretary and gave an estimated $795,000. According to the report, “Lobbyists say that many CEOs now keep Secretary Wright’s personal phone number on speed dial.”

    Wright is among at least a dozen former oil executives and lobbyists Trump installed at the EPA and departments of Energy, the Interior, and Justice to systematically dismantle “the regulatory architecture built over decades to protect American families from pollution and climate change,” the publication points out. “Those captured agencies delivered for the fossil fuel industry.”

    The report calls out not only Wright but also Trump’s other “polluter worker bees,” including EPA Administrator Lee Zeldin, Interior Secretary Doug Burgum, and various other officials at their agencies who have ties to polluting industries.

    It also calls out the GOP-controlled Congress, which last year sent to Trump’s desk the One Big Beautiful Bill Act, a law that includes “tens of billions in new and expanded direct subsidies to fossil fuel companies through tax breaks, royalty cuts, a suspension of the charge on methane pollution, and other giveaways. Combined with the subsidies already on the books, independent analysts estimate the industry will collect some $190 billion in tax breaks and subsidies over the next 10 years.”

    “The costs of these gifts to the fossil fuel industry fall on everyone else,” the report stresses. “Climate-related disasters cost the United States at least $115 billion in direct damages in 2025 alone. Each year, the damages to public health from fossil fuel air pollution run at about $820 billion, or $2,500 per American, and contribute to approximately 91,000 premature deaths and 216,000 new cases of childhood asthma. Homeowners’ insurance has become unaffordable or unavailable across many parts of the country. These are just some of the existing costs associated with fossil fuel production and combustion.”

    “The Trump administration’s regulatory rollbacks will drive them higher, as air and water pollution as well as climate change will all get worse,” the document warns, as the fossil fuel-driven climate emergency worsens, with deadly consequences worldwide.

    The report notes that “canceled and delayed wind and solar projects are also raising electricity prices for consumers in multiple states, sending billions to fossil fuel plants. And the EPA itself has estimated that the elimination of tailpipe emission standards will cost Americans a minimum of $580 billion in added fuel costs alone over the next three decades. Hundreds of thousands of jobs are being lost as the United States cedes its industrial competitiveness in clean energy technologies to China and Europe.”

    Trump also partnered with Israel to launch an illegal war on Iran—which has responded by restricting ship traffic through the the Strait of Hormuz, sending global fuel prices soaring. The publication highlights that “the 100 biggest oil and gas companies collectively earned an extra $30 million per hour in the first month of the Iran conflict alone—amounting to $23 billion in windfall profits—with $234 billion projected by year’s end if oil prices remain near $100 a barrel.”

    “As the Trump administration’s war in Iran drives up gas prices—with analysts warning crude prices could reach $200—American
    consumers pay directly for the chaos that Big Oil’s political investments helped purchase,” the report warns. Brown University’s Costs of War Project estimates the higher diesel and gasoline prices have so far cost Americans $115.7 billion, or $883 per household.

    https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=2103120384484893067&lang=en&origin=https%3A%2F%2Fwww.commondreams.org%2Fnews%2Ftrump-oil-executives-1-billion&partner=rebelmouse&sessionId=3fe41556cc80a25f4f2da65e371d2435ae03f053&siteScreenName=commondreams&siteUserId=14296273&theme=light&widgetsVersion=6a3ad42b224df%3A1778106238597&width=550px

    Trump’s war is also filling his own pockets. CNBC estimated earlier this month that the president has made up to $4.4 million from his investments in fossil fuel companies—and as Common Dreams reported earlier this week, he continues to make related trades.

    “Donald Trump will always choose self-enrichment over helping American families, and as this report reveals, his fossil fuel corruption is costing Americans billions,” said Schumer. “Instead of using the presidency to address the affordability crisis, lower costs, and protect Americans’ health and safety, Trump has used his power to deliver for his billionaire buddies in the fossil fuel industry. The message from this administration is clear: Big Oil gets the profits, and American families get the bill.”

    Released less than six weeks away from the midterm elections, Senate Democrats’ report not only lays out a range of issues, but offers some fixes, including demands to tax the windfall profits of Big Oil, as well as legislation that would “shine a light behind the dark money front groups and shell organizations that fossil fuel interests use to hide their spending.”

    The report also calls for making polluters pay for planet-heating emissions and empowering lawsuits to hold them accountable. It further advocates for ending fossil fuel subsidies and directing that money to clean energy, consumer relief, and infrastructure resilience.

    “The Trump administration is pumping public money into the fossil fuel industry and stripping public protections to pad the profits of some of the wealthiest corporations in the nation,” David Arkush, director of Public Citizen’s Climate Program, said in response to the report. “The campaign contributions to Donald Trump by Big Oil have paid dividends and have allowed the fossil fuel industry to continue to pollute our communities.”

    “This administration has ceded our nation’s clean energy future to dirty energy and is doing its best to sacrifice the economy, public health, and the environment to Big Oil’s profits,” he added. “Every American family struggling with high costs is suffering because of the corrupt relationship between Donald Trump and the fossil fuel industry.”

    Article by Jessica Corbett republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

    Climate science denier Donald Trump confirms that he knows nothing about democracy and that more liquid gold is being secured according to his policy of global privateering.
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    Orcas discuss rotting brain, front Orca says Sundown Syndrome is a dead givaway and he wishes someone would Lock Him Up

  • UK shares findings of damning climate crisis national security report suppressed under Starmer

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    https://www.theguardian.com/environment/2026/sep/23/uk-climate-crisis-national-security-report-suppressed-starmer-ed-miliband

    Miliband at the UN security council on Wednesday. The UK’s foreign secretary later briefed fellow foreign ministers about the UK climate report. Photograph: Angela Weiss/AFP/Getty Images

    El Niño poses critical threat to nations’ defences, says Ed Miliband in presentation to global foreign ministers

    The UK has warned countries around the world that the climate and nature crises and the coming El Niño threaten their national security and defence, presenting foreign ministries with the findings of an explosive report suppressed under Keir Starmer.

    Ed Miliband, the UK’s foreign secretary, made a presentation to the foreign ministers of the EU as well as Kenya and other countries on Wednesday night at a private meeting during the UN general assembly in New York, based on the report by the UK’s spy chiefs that found the collapse of natural systems around the world would lead to conflict, migration and food shortages.

    Miliband told the meeting, the first such discussion among foreign ministers, that the coming El Niño, which has been supercharged by climate breakdown, would test the world’s food systems as never before.

    “We face an El Niño that is already set to be the most intense in living memory,” he said. “This will intensify climate shocks that compound and cascade across borders, threatening food and water security, displacing communities, putting pressure on markets and scarring economies.”

    …

    With the backing of Andy Burnham, the UK prime minister, Miliband presented the research that found the collapse of global ecosystems such as in the Amazon and Congo rainforests, driven by the climate crisis and the destruction of nature, would have impacts on national security around the world.

    The joint intelligence committee (JIC) report, revealed by the Guardian, was scheduled to be published last October, but was suppressed on the eve of its launch by Downing Street. A redacted version was issued in January under the Freedom of Information Act, but ministers have continued to resist calls for the full report to be made public.

    …

    https://www.theguardian.com/environment/2026/sep/23/uk-climate-crisis-national-security-report-suppressed-starmer-ed-miliband

    Donald Trump urges you to ignore facts and reality and be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
    Donald Trump urges you to ignore facts and reality and be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
    Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
    Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
    Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
    Elon Musk urges you to be a Fascist like him, says that you can ignore facts
    and reality then.
  • CCC: Heathrow expansion could push flights to ‘80% of UK emissions by 2050’

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    Article by Josh Gabbatiss republished from Carbon Brief under a CC license. 

    Plane flying over a road sign for Heathrow airport, London, UK. Credit: Avpics / Alamy Stock Photo

    Aviation is on track to be responsible for 80% of the UK’s carbon dioxide (CO2) emissions by 2050, according to the Climate Change Committee (CCC).

    Emissions from flying have more than doubled since 1990 – driven by rising passenger numbers – even as the climate impact of every other sector in the UK economy has fallen.

    The UK does not have “credible” policies in place to reverse this trend of rising emissions, says the CCC in new advice to the government on future aviation policy.

    The government has signalled its support for expanding Heathrow, the nation’s largest airport, while relying on “techno-fixes” such as “sustainable aviation fuels” (SAFs) to cut emissions. 

    Yet, even without Heathrow expansion, the CCC says aviation emissions are on track to be higher in 2050 than they are today – reaching 38m tonnes of CO2 (MtCO2).

    As the chart below shows, this would account for most of the remaining CO2 from the UK economy, all of which would need to be removed from the atmosphere in order to meet the legal target of net-zero emissions.

    Expanding Heathrow would add another 2.4MtCO2 in 2050, amounting to around 5% of all the UK’s emissions. (This would increase to 4.5MtCO2 when expansion is complete in 2054.)

    Aviation is on track to reach 80% of UK CO2 emissions by 2050 with Heathrow expansion, says CCC. Residual CO2 emissions in 2050 under the CCC balanced net-zero pathway, with the impact of a proposed Heathrow expansion, MtCO2. Horizontal bar chart showing aviation far exceeding all other sectors. Source: Climate Change Committee - (alt text generated by Google Gemini)

    With a final decision on Heathrow expansion expected by 2029, the government asked the CCC  for its advice on whether the plan is compatible with the UK’s climate targets. 

    The CCC has concluded that the UK simply lacks sufficient policies to reduce aviation emissions and “expanding Heathrow would compound the problem”. In a press briefing, CCC chair Nigel Topping told journalists:

    “The UK does not currently have a credible plan to reduce [aviation emissions] in line with net-zero, so that creates a serious challenge for meeting our climate commitments.”

    The “jet-zero strategy”, launched by the previous Conservative government in 2022, set out plans to cut aviation emissions. However, the Labour government has since accepted that the strategy’s expectations for SAFs, electric planes and fuel-efficiency improvements were unrealistic.

    The CCC says a “credible and robust net-zero policy framework for aviation” should be set out in a revised strategy, which is planned for 2027. Only then could Heathrow expansion be aligned with the net-zero goal, adds the committee.

    As part of this new strategy, the CCC says the “aviation sector needs to take responsibility for its emissions”. It says policies should be designed based on the “polluter pays” principle, requiring the aviation industry to fund its own SAFs and CO2 removal.

    Specifically, the committee says funding will be needed for “engineered removal” technologies, such as direct air carbon capture and storage (DACCS). 

    These technologies are currently “not yet available at the scale required”, but are vital for the kind of permanent CO2 removal needed to mop up aviation emissions, says the CCC.

    (“Natural solutions” such as tree planting are the other main way CO2 is expected to be removed from the atmosphere. However, the CCC envisages these removals offsetting the remaining methane emissions from livestock agriculture in the UK, whereas it says “engineered removals” would be required to remove and store CO2 from flights.)

    The CCC acknowledges that placing decarbonisation costs on airlines would likely lead to higher ticket prices. It estimates that this could mean an increase, in 2024 prices, of around £150 for a return trip to Alicante, Spain, and £400 for a return trip to New York by 2050. 

    However, it says this is preferable to a public spending approach, which would result in the roughly 50% of the population who do not fly paying for flight-related CO2 removals.

    In addition, the committee notes that higher costs would help to manage demand for flights, which would otherwise be expected to increase considerably over the coming decades.

    Article by Josh Gabbatiss republished from Carbon Brief under a CC license. 

    Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.
    Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.

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  • Greta Thunberg Is Taking Sweden to Court Over Climate Crisis Again

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    https://novaramedia.com/2026/09/22/greta-thunberg-is-taking-sweden-to-court-over-climate-crisis-again/

    Greta Thunberg was detained by police in The Hague along with other climate protesters. Photograph: Peter Dejong/AP
    Greta Thunberg. Photograph: Peter Dejong/AP

    Her youth-led group has raised more than £180k to fund the lawsuit.

    Greta Thunberg and Swedish youth climate organisation Aurora are suing the Swedish government over its failures to tackle the climate crisis.

    While Sweden has reduced its greenhouse gas emissions at a rate faster than the EU average, the country is not on track to meet its own target of net zero by 2045.  

    Thunberg said on Monday that Aurora has filed a second lawsuit, arguing that Sweden is failing in its legal duty to protect its citizens – especially children and the young – from the effects of climate change.

    The group is demanding that Sweden take action to limit global warming to 1.5C by cutting emissions and protecting ecosystems like forests. A third demand involves accounting for emissions that it says are currently excluded from government calculations such as burning imported biomass.

    “Sweden, as a rich country with high historical and current emissions, has a legal duty to lead the climate transition,” the group wrote in its fundraiser. “A safe and just world is still possible, but only if rich, high-emitting states like Sweden stop violating their duty to protect people from the devastation of the climate crisis, and start transforming their societies before 2030.” 

    …

    Atrticle continues at https://novaramedia.com/2026/09/22/greta-thunberg-is-taking-sweden-to-court-over-climate-crisis-again/

    Orcas discuss Donald Trump and the killer apes' concept of democracy. Front Orca warns that Trump is crashing his country's economy and that everything he does he does for the fantastically wealthy.
    Orcas discuss Donald Trump and the killer apes’ concept of democracy. Front Orca warns that Trump is crashing his country’s economy and that everything he does he does for the fantastically wealthy.
    Donald Trump urges you to ignore facts and reality and be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
    Donald Trump urges you to ignore facts and reality and be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
    Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
    Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
  • ‘It Should Be Illegal’: Trump’s 1,156 July Stock Trades Involved AI, Big Oil, Weapons-Makers, and More

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    Article by Jessica Corbett republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

    US President Donald Trump stands next to a bell before ringing it to open the New York Stock Exchange ahead of the launch of tax-deferred investment accounts for children in the Oval Office of the White House in Washington, DC, on July 6, 2026. (Photo by Mandel Ngan/AFP via Getty Images)

    By failing to report some transactions within 45 days, the president appears to have violated a key federal law, again.

    Donald Trump has been repeatedly ripped as “the most openly corrupt president in American history” by a range of critics, and the Republican faced fresh criticism on Tuesday after disclosing more than 1,100 securities transactions from July.

    “The 1,156 purchases and sales totaled between roughly $79 million and $270 million,” CNBC reported. “Purchases totaled at least $43.6 million, while sales came to at least $35.6 million… in what appears to be a broad reshuffling of his portfolio.”

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    US Sen. Elizabeth Warren (D-Mass.), who has previously sounded the alarm over Trump’s “unprecedented” trading, said on social media Tuesday that “it should be illegal for the president to trade individual stocks—period.”

    As Trump continues to rail against regulations on artificial intelligence, the filing with the Office of Government Ethics shows recent transactions involving tech giants including Alphabet, Amazon, Meta, Microsoft, Nvidia, and Oracle.

    The president is also waging an illegal war on Iran with no end in sight, and those who manage his portfolio made trades involving military contractors such as GE Aerospace, Lockheed Martin, Northrop Grumman, Palantir, and SpaceX.

    CNBC highlighted that the Northrop Grumman sale—worth $250,001 to $500,000—occurred the same day that “Trump signed an executive order tightening supply chain requirements for defense contractors and restricting waivers for certain critical materials sourced from China and other covered countries,” though the disclosure does not include timing.

    Iran has responded to Trump’s war by restricting ship traffic through the Strait of Hormuz, which has caused fuel prices to surge worldwide. The president was accused of cashing in on the crisis he has created after he disclosed June stock transactions. The new filing shows more trades in oil and gas giants, including Chevron and ExxonMobil.

    The Washington Sun pointed out that “Trump also purchased up to $500,000 worth of stock in Axon Enterprise, the manufacturer of Tasers, which has done tens of millions of dollars worth of business with US Immigration and Customs Enforcement and US Customs and Border Protection.”

    While “Trump is ostensibly aware of the contents of his portfolio, given that he personally certified his most recent disclosure, which bears his signature,” the Sun noted, White House spokesperson Davis Ingle tried to dismiss any allegations of corruption in a statement to multiple outlets.

    “President Trump’s stock and bond portfolio is independently managed by third-party financial institutions,” Ingle said. “All holdings are maintained in discretionary accounts and invested through computer-based model portfolios that automatically replicate recognized indexes, such as the Schwab 1000.”

    “Neither President Trump nor any member of his family has any ability to direct, influence, or provide input regarding how the portfolio is invested or when investments are bought or sold,” he added. “All investment decisions are made entirely by independent managers. There are no conflicts of interest.”

    However, as the Sun highlighted, “a number of Trump’s trades were disclosed more than 45 days after they were made—in violation of the Stop Trading on Congressional Knowledge Act, which also applies to top officials in the executive branch. It’s not the first time the president has run afoul of the stock trading law.”

    Just in: Trump reported making another 1,158 stock trades in July 2026.It appears he violated the Stock Act, again, by failing to report all of his trades within 45 days. extapps2.oge.gov/201/Presiden…

    — Zach Everson (@zacheverson.com) 2026-09-22T20:10:46.579Z

    Despite bipartisan support at times, congressional efforts to fully ban trading by lawmakers, their dependents, and the president and vice president have been unsuccessful.

    In July, 13 Democrats in the US House of Representatives helped Republicans pass a purported congressional stock trading ban— even though the bill wouldn’t apply to Trump or Vice President JD Vance, and the GOP tacked on a voter suppression provision demanded by the president.

    The Senate has not yet acted on the bill, officially called the Stop Insider Trading Act, and condemned by critics as “a Trojan horse.”

    Trump’s disclosure came a week after Bloomberg reported that “Trump has traded more securities than every member of Congress combined since he returned to office” last year. From January 2025 to June 2026, lawmakers reported a collective 22,200 transactions while the president made nearly 28,700.

    Donald Trump and every member of Congress should be working for the American people — NOT their stock portfolio.

    — Elizabeth Warren (@warren.senate.gov) 2026-09-18T22:03:49.869Z

    Sharing the reporting on social media last week, House Democrats wrote: “The American people deserve a president that serves their interests, not his own wallet.”

    Annual financial disclosures released this summer show that Trump pocketed at least $2.2 billion—over half of it from his family’s cryptocurrency grift—during his first year back in the White House.

    Following that revelation, Warren, ranking member of the Senate Banking Committee, called on the chamber to pass legislation aimed at stopping “the president, vice president, senior administration officials, members of Congress, and their families from profiting off the crypto industry,” and warned that a failure to do so “will only turbocharge Donald Trump’s brazen crypto corruption.”

    Article by Jessica Corbett republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

    Donald Trump sings and dances, says that it's fun to kill everyone ... unless he gets distracted or falls asleep.
    Donald Trump sings and dances, says that it’s fun to kill everyone … unless he gets distracted or falls asleep.
    Orcas discuss Donald Trump and the killer apes' concept of democracy. Front Orca warns that Trump is crashing his country's economy and that everything he does he does for the fantastically wealthy.
    Orcas discuss Donald Trump and the killer apes’ concept of democracy. Front Orca warns that Trump is crashing his country’s economy and that everything he does he does for the fantastically wealthy.
    Climate science denier Donald Trump confirms that he knows nothing about democracy and that more liquid gold is being secured according to his policy of global privateering.
    Climate science denier Donald Trump confirms that he knows nothing about democracy and that more liquid gold is being secured according to his policy of global privateering.