On Donald Trump: A man and his wealth

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Article by Karamo Muchuri Sulieman republished from People’s World under http://creativecommons.org/licenses/by-nc-nd/3.0/us/.

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U.S. Presidents have been known for their wealth. George Washington was one of the wealthiest men of his day and a slave owner. The vast estate of Mt. Vernon accounts for a considerable amount of wealth for his day. When the current price of land and livestock is added, it is difficult to ascertain. However, reliable sources say that George Washington’s assets upon entering the presidency, adjusted for inflation, were approximately $594 million in today’s money. About the only good thing one can say about this vast estate is that one part did not wish to be counted, and that was due to Ona Judge, who refused to be his slave and escaped to New Hampshire. They say Washington’s salary alone was approximately worth 2% of the national budget. In terms of relativity, it would amount to billions of dollars. 

Perhaps Donald Trump is a little better than George Washington. No, he did not dispatch the Secretary of the Treasury to bring back an escaped slave. Yet he presides over a nation with a minimum wage of $7.25, at a time when the average rent for a one-bedroom apartment ranges from $1,510 to $1,642. Many readers believe fast-food workers work 40  hours a week, when in reality many only work 30 hours, and some only work during lunch time for only 15 hours. Perhaps this is the modern-day version of chattel slavery. But reports vary: some say Trump’s personal fortune has risen from $1 billion to $4 billion. Some reporting estimates even more. 

In an article by Jenny Smyth, Trump entered his first term of office with a net worth of $2.3 billion, and now has a net worth of $6.5 billion. Perhaps it was due to his aggressive purloining of Venezuelan oil. If it didn’t go to China, it had to go somewhere, right? Maybe it was due to his sons, Donald Trump Jr. and Eric Trump, perfect management of his affairs… However, it seems that the President has used investment brokers. 

While Donald Trump, according to U.S. law, has every right to trade on the U.S. market, this right seems to smack of gross immorality given his enormous cuts to SNAP and social security. People are earning less, and with DEI on the President’s hit list, African Americans appear to be targeted for further wage cuts. He seems to have no respect for the law or humanity. He has increased the ferocity of the Cuban blockade and has threatened military action against her. I suppose Greenland had to make a deal. Trump appeared to make some political profit for his billionaire alliance. While, according to the Western media, he has not made any profit in Greenland,  his billionaire colleagues Bill Gates and Jeff Bezos have invested in Greenlandic mining operations. This is not nearly as lucrative as the gift of the luxury jet from the Qatar government. The opulent Boeing 747-8 will undergo modifications at L3Harris Technologies before entering service for presidential (Trump’s) use. The plane is said to be scheduled to make its debut on the Fourth of July in honor of the nation’s 250th birthday.

However, the president’s latest financial maneuvers have left a good portion of the public aghast. It seems the president has made active stock trades influenced, or at least guided, by his governmental decisions. According to Wion, the disclosures show around 3,600 to 3,700 stock and ETF transactions from January to March. The reported value of these transactions ranges from $220 milion to $750 million, all this while there is massive hunger and deprivation suffered by the working class—in particular minority groups—within the United States of America. 

Many of the stocks were made by the government for defense, government private contracts, and other concerns that required direct government involvement. For example, NBC News said in February and March that the president purchased stock seven times. On January 12, President Trump purchased  $100,000 to $250,000  worth of Oracle stock on the same day he finalized a U.S.-backed deal for a stake in TikTok.  From January through March, President Trump purchased DoorDash stock twelve times, around the same time he held an event with a DoorDash representative being praised at the White House. On January 6, the President purchased $500,000 of Nvidia Stock, and shortly after, on January 14, he approved a US-backed deal for Nvidia to sell chips to China. The president invested heavily in Palantir Industries, a defense contractor that builds AI-driven strategies for defense from “space to mud.” The stock has dropped 25% while the President has urged investors to buy on Truth Social. 

While the President has the right to purchase, the cry has grown louder for stricter controls to prevent insider trading and self-profit and gain by influential politicians. There is an imbalance in the system. The President cannot be allowed to make billions while many of his fellow Americans starve.

As with all op-eds published by People’s World, the views reflected here are those of the author.

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Article by Karamo Muchuri Sulieman republished from People’s World under http://creativecommons.org/licenses/by-nc-nd/3.0/us/.

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.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.

Continue ReadingOn Donald Trump: A man and his wealth

How Venezuela poses an “unusual and extraordinary threat” to the US agenda

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Original article by Celina della Croce republished from peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.

Las abuelas del Panal (The Grandmothers of the Panal, a commune in Caracas) dance as part of their regular exercise class. Photo: Celina della Croce

Unlike social democratic projects in the West, Venezuela’s Bolivarian Revolution has set out to fundamentally transform society and build a socialist project rooted in class struggle and run by its people.

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US President Donald Trump has not shied away from admitting his thirst for Venezuelan oil. On December 16, 2025, in the leadup to the January 3 bombing of Caracas and kidnapping of the country’s president and first lady, Nicolás Maduro and Cilia Flores, he claimed ownership over Venezuela resources, stating that “America will not … allow a hostile regime to take our Oil, Land, or any other Assets, all of which must be returned to the United States, IMMEDIATELY”. In his previous administration, he echoed the same obsession with resource-driven regime change, decrying in June 2023 that “When I left [office], Venezuela was ready to collapse. We would have taken it over. We would have gotten all that oil. It would have been right next door.” Yet Venezuela is not only home to the world’s largest known oil reserve, but also the continent’s largest gold reserves and an ample supply of bauxite, diamonds, iron ore, nickel, and coal … And, not least of all, hope.

Trouble at home

Within his own borders, Trump faces heightened civil unrest, with over 100,000 people in Minneapolis alone taking to the streets (roughly a quarter of the city’s population) during a January 23 general strike (an action that has not been seen on this scale for decades) and again during a January 30 nationwide shutdown. Similar uprisings have spread across the country, from Los Angeles to New York, following ICE’s murder of Renée Good and Alex Pretti. This massive outpouring follows a year of discontent and marches decrying Trump’s anti-immigrant, anti-poor policies.

The escalation of ICE’s tactics under the Trump administration has cost US taxpayers, reaching an all-time high of 85 billion USD in allocated funds (compared to annual spending that has hovered around 10 billion USD or less for the past decade). Much of these funds go to benefit private corporations: for instance, 86% of detainees are held in private, for-profit prisons (whose stocks skyrocketed as a result of Trump’s election and subsequent policies), and the cost of deportation flights, also run by private companies, is astronomically higher than commercial flights (the per-person cost of a deportation flight from El Paso to Guatemala, for example, is USD 4,675—five times higher than a commercial first-class ticket for the same route). At the same time, Trump’s administration has slashed social spending, with a 186-billion USD reduction to Supplemental Nutrition Assistance Program (SNAP) benefits alone (a program that, up to that point, helped 1 in 8 people in the US with the basic provision of food).

In the United States, and the West in general, there is a deep-seated narrative that this is just the way things are. Perhaps we can tone back the violence – swap out a Donald Trump for a Joe Biden who is more cautious with his tactics and open to mild concessions but no less interested in protecting capitalist profits at all costs. Even key figures in Trump’s own party, from Senators Josh Hawley (R-MO) and Todd Young (R-IN) to Trump’s former Vice President Mike Pence, have sought to distance themselves from his extreme tactics and distaste for liberal democracy (a general audacity that risks backfiring lest it create sufficient dissent and turmoil to provoke a mass uprising and turn to the left). Yet neither party is willing to allow anything further than a meek liberal democracy beholden to the interest of a small but powerful elite, at most with enough provisions to keep the general population at bay.

Venezuela’s break with the end of history

The US population, like much of the world, has been told, time and time again, that History has ended. We may be able to eke out higher wages, and certainly demand that the heightened assault on liberal democracy through ICE and the openly fascistic declarations by Donald Trump be brought under control, but anything beyond that is painted as impractical at best, and perilous at worst. Just look at the Soviet Union, we are told – it just doesn’t work. Socialism sounds nice, but look at the suffering in Venezuela and Cuba. You don’t want that, do you?

Yet this way of understanding the past, present, and future not only seeks to protect the interests of capital, tricking many working-class people into betraying their own interests, but is wildly inaccurate through both omission and outright lies. And it seeks to cover up another extraordinary resource that Venezuela represents: a living example of hope, of unmovable dignity, of the success of a revolution that has not only brought a population out of extreme poverty but has lifted up its confidence and consciousness. In a country under extreme siege by more than 1,000 US-led unilateral coercive measures, there are nonetheless a fraction of the amount of homeless people in the US (where there are roughly 28 vacant homes to every 1 homeless person).

At the height of the crisis in Venezuela, as Trump ramped up his maximum pressure campaign40,000 Venezuelans died in a single year (2017-2018) due to the lack of medicines and healthcare that had previously been provided freely to the population. Even then, the vast majority of Venezuelans have continued to fight to defend not only their right to self-determination, but also to revolution and transformation. What exactly are the Venezuelan people fighting for that the US government tries so hard to cover up? What is the source of resiliency and loyalty to the Bolivarian Revolution, despite the tremendous human cost of US-led efforts to overthrow it? And, what is the “unusual and extraordinary threat” that Venezuela poses to the US – as then President Barack Obama decreed in a 2015 executive order that paved the way for the economic siege?

The Venezuelan “threat”

When President Hugo Chávez came to power in 1999, a revolutionary process began that would set out to repay the “social debt” owed to the Venezuelan people, beginning by dedicating 75% of national spending to social investment – funds, importantly, generated by the country’s historically predominant oil sector. Through missions that began the year Chávez was elected, the country elevated its population out of poverty and illiteracy, reaching a 100% literacy rate, with more than three million people learning how to read and write (Mission Robinson); training 6,000 professionals in universities and graduating one million high school students (Mission Sucre); granting nearly 5 million homes to families across the country (Mission Vivienda); building health clinics in 320 of Venezuela’s 355 municipalities (Mission Barrio Adentro); and restoring the eyesight of some 300,000 Venezuelans while providing eye surgery to 1 million (Mission Milagro).

President Nicolás Maduro has continued this legacy, despite the duress imposed by the US-led unilateral coercive measures imposed in the years following Chávez’s death, ensuring not only that the country’s resources benefit the well-being of the majority, but also that power is given back to the people through a model of direct democracy. Weeks before he was kidnapped, for instance, Maduro convened the Constitutional Congress of the Working Class, the culmination of 22,110 assemblies in workplaces across the country in which delegates debated and made proposals to the president about the future of the country’s labor sector and productive processes, such as strengthening domestic production of machinery components in order to reduce external technological dependency. Aprobada (“approved”), Maduro told delegate María Alejandra Grimán Rondón as she presented him with the conclusions of the congress in front of a packed auditorium; for another proposal, “the method still needs to be refined”, he replied, outlining next steps for further debate. Furthermore, communes (grassroots organizations at the heart of Venezuela’s direct democracy through which communities exercise self-governance) have engaged in quarterly national consults since 2024, with millions voting on the allocation of government funding for thousands of projects that most need attention in their communities, from updating medical equipment in their local health clinics to investing in water filtration supplies to ensure access to potable water.

Read more: One month after the attack on Venezuela: the resurgence of imperialist “diplomacy”

Both of these processes are part of a model of direct democracy that, in the 27 years of the Bolivarian Revolution, has held 31 elections, carried out constitutional reform, and created structures for everyday people to make direct decisions about the path of the country. In short, while the accomplishments of the revolution are far too numerous to list here, at their core is a people who have reclaimed their dignity, taken control of their future, and made the irreversible decision to stand upright.

 Fruto Vivas Recycling School, Venezuela
Members of the Fruto Vivas Recycling School (Escuela de Reciclaje Fruto Vivas) in Barcelona, Anzoátegui, assemble a playground with materials they produced from recycled plastic. Members of the school collect the plastic, sort it, melt it, and then mold it into the pieces required to build a given product based on the needs of the community as well as other paid contracts which generate funds to continue the school’s work. Photo: Celina della Croce

Unlike social democratic projects in the West, Venezuela’s Bolivarian Revolution has set out to fundamentally transform society and build a socialist project rooted in class struggle and run by its people. That means that the social advances are also tied to a process of raising consciousness among the population, whereby people become the protagonists of their own struggle in a process that ultimately seeks to give them the power and tools to run the country, replacing the bourgeois state with a communal one. In this system, decisions are made by the population which is organized into communes and various social and political movements across the country. Through these processes, people learn how to run productive processes, from coffee to construction materials, and be effective owners of their own means of production; how to engage in popular decision-making processes across thousands of households; run communications teams; carry out education programs; identify, prioritize, and fix issues in their communities; and other elements that are necessary for a productive society that prioritizes the well-being of its people. All of this is done in line with core principals such as protecting the planet (with some communes collecting recyclable plastics and turning them into playgrounds, benches and chairs for the elderly and schoolchildren, and other needs expressed by the community) and centering the leadership and rights of women and marginalized sectors.

What does the future hold for the nobodies?

This dynamic process is a continuation of the path set out by Chávez, one that called upon the “nobodies” to be the makers of their own destiny. These “nobodies” (today the protagonists of one of the world’s most resilient and equitable democracies) have shown, time and time again, that they will not sacrifice their dignity nor sovereignty at any cost, no matter how severe the threat. This example is no less valuable a resource than the country’s oil, nor any less of a threat to the Trump regime and US agenda at large. The example set by the Bolivarian Revolution and its people creates a fissure in the narrative that the US (and the world) population must make the best of what we have, go to work every day with our heads down and spirits crushed, and forfeit our dreams of a better world. It opens a window for the nobodies of the world (and especially of the US) to see that on the other side of events like the mass uprisings sweeping the country, they, too, could live in a society where the wealth that they themselves generate is reinvested into the common good rather than paying for bombs and lining the pockets of the few.

Read more: Venezuela and Iran: oil and survival

Celina della Croce is a writer, editor, and the publications director of Tricontinental: Institute for Social Research. She has been an organizer and leader in internationalist, anti-imperialist, and working-class struggles in the United States for over a decade.

This article was produced by Globetrotter.

Original article by Celina della Croce republished from peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.

Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
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.
Continue ReadingHow Venezuela poses an “unusual and extraordinary threat” to the US agenda

‘Unchecked Corruption’: First US Sale of Venezuelan Oil Goes to Company of Trump Megadonor

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Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0). 

John Addison, front right, energy trader for Vitol, attends a meeting with oil company executives hosted by US President Donald Trump in the East Room of the White House on January 9, 2026. (Photo by Brendan Smialowski/AFP via Getty Images)

“Trump took Venezuela’s oil at gunpoint, and gave it to one of his biggest campaign donors,” wrote one US senator.

The first US sale of Venezuelan oil since the Trump administration illegally attacked the South American country earlier this month went to the company of a trader who donated millions to President Donald Trump’s 2024 campaign.

The roughly $250 million sale of Venezuelan crude went to Vitol, a Geneva-based energy and commodity trading firm whose US arm is headquartered in Houston. The Financial Times reported late last week that John Addison, a senior trader at Vitol, was involved in his company’s efforts to secure the deal.

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Addison, who attended a recent White House meeting with other top oil executives, donated $6 million total to Trump’s 2024 presidential campaign via several super PACs, including $5 million to MAGA Inc.

“Addison pledged to Trump at the [White House] event that Vitol would attain the best price possible for Venezuelan oil for the US, ‘so that the influence you have over the Venezuelans will ensure that you get what you want,’” according to the Financial Times.

US Sen. Chris Murphy (D-Conn.), noted on social media that Vitol has a “criminal history of bribing foreign governments” and called the Venezuelan oil deal “fundamentally corrupt.”

“Trump took Venezuela’s oil at gunpoint, and gave it to one of his biggest campaign donors,” Murphy wrote. “Vitol had to buy access to Trump because under normal circumstances, they wouldn’t be able to get a deal like this.”

Vitol is one of a number of corporations positioned to reap windfall profits from the Trump administration’s assault on Venezuela, abduction of its president, and efforts to seize and indefinitely control the country’s vast oil reserves.

As the Washington Post reported over the weekend:

Hedge fund billionaire Paul Singer’s firm Elliott Investment Management has for years been in the process of acquiring distressed Venezuelan-owned assets in the US and is on the cusp of owning them. After clearing final regulatory and legal approval, the firm can use them to make a considerable profit turning newly available Venezuelan oil into gasoline. The company that would be acquired by an Elliott affiliate is Citgo, the Houston-based refining firm owned by Venezuela’s state oil company Petróleos de Venezuela (PDVSA). Citgo owns refineries in Illinois, Louisiana and Texas that are well-positioned to profit off the millions of barrels of Venezuelan oil that Trump says will be steered to US refineries because it is a particularly heavy blend of crude that is difficult to process. Only certain refineries, like those run by Citgo, are equipped to handle it.

Proceeds from the US sale of Venezuelan oil are being stashed in Qatar—an arrangement that critics said opens the door to additional corruption.

“After illegally and unconstitutionally striking Venezuela, Trump is now selling Venezuelan oil through a campaign donor, and funneling the proceeds to an offshore account in Qatar—creating a potential slush fund with no accountability, oversight, or guardrails for Trump and his allies,” US Sen. Cory Booker (D-NJ) wrote late Sunday. “His continued abuse of power doesn’t serve the Venezuelan people or the American people—and it certainly doesn’t lower costs for Americans.”

“This outrage,” Booker added, “is yet another example of his unchecked corruption as he again ignores laws and enriches his friends, donors, and himself.”

Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0). 

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.
Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.

Continue Reading‘Unchecked Corruption’: First US Sale of Venezuelan Oil Goes to Company of Trump Megadonor

‘Straight-Up Piracy and Extortion’: Trump Says He Will Control Money From Sale of Venezuelan Oil

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Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

An oil-related statue is pictured in Caracas, Venezuela on January 5, 2026.
 (Photo by Javier Campos/Picture Alliance via Getty Images)

US President Donald Trump declared that Venezuela will hand over up to 50 million barrels of oil—which could be sold for around $3 billion.

US President Donald Trump claimed late Tuesday that Venezuela’s interim leadership will turn over to the United States as many as 50 million barrels of sanctioned oil to be sold at market price, part of a broader, unlawful administration effort to seize the South American nation’s natural resources.

Trump, who authorized the illegal US bombing of Venezuela and abduction of its president this past weekend, said he would control the proceeds of the sale—which could amount to $3 billion.

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“Just straight-up piracy and extortion from the US president,” journalist Mehdi Hasan wrote in response.

Consistent with his administration’s conduct since the weekend attack that killed at least 75 people in Venezuela, Trump provided few details on how his scheme would work or how it would comply with domestic and international law, both of which the president has repeatedly disregarded and treated with contempt.

It’s also not clear that Delcy Rodríguez, Venezuela’s acting president and an ally of Nicolás Maduro, has agreed to Trump’s plan, which he announced on social media as his administration worked to entice US oil giants to take part in its effort to exploit the South American nation’s vast reserves.

Ahead of the US attack on Venezuela, the Trump administration imposed a blockade on sanctioned oil tankers approaching or leaving Venezuela, pushing the country closer to economic collapse. The New York Times noted Tuesday that Trump’s decision to “begin targeting tankers carrying Venezuelan crude to Asian markets had paralyzed the state oil company’s exports.”

“To keep the wells pumping, the state oil company, known as PDVSA, had been redirecting crude oil into storage tanks and turning tankers idling in ports into floating storage facilities,” the Times reported. During Trump’s first White House term, he banned US companies from working with PDVSA.

Trump wrote in his social media post Tuesday that the tens of millions of barrels of oil “will be taken by storage ships, and brought directly to unloading docks in the United States.”

“I have asked Energy Secretary Chris Wright to execute this plan, immediately,” Trump wrote.

The Trump administration is also pushing Venezuela’s interim leadership to meet a series of US demands before it can pump more oil, ABC News reported late Tuesday. Trump has illegally threatened to launch another attack on Venezuela, and target more of its politicians, if the country’s leadership doesn’t follow his administration’s orders.

According to ABC, the Trump administration has instructed Venezuela to “kick out China, Russia, Iran, and Cuba and sever economic ties.”

“Second, Venezuela must agree to partner exclusively with the US on oil production and favor America when selling heavy crude oil,” ABC added, citing unnamed sources. “According to one person, Secretary of State Marco Rubio told lawmakers in a private briefing on Monday that he believes the US can force Venezuela’s hand because its existing oil tankers are full. Rubio also told lawmakers that the US estimates that Caracas has only a couple of weeks before it will become financially insolvent without the sale of its oil reserves.”

Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

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.
Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Continue Reading‘Straight-Up Piracy and Extortion’: Trump Says He Will Control Money From Sale of Venezuelan Oil