by Laurence Peterson
I have recently heard at least twice, I can’t remember exactly where, different commentators expressing a sentiment very much like the following: we require nothing short of an entirely new vocabulary to describe the otherworldly corruption of the Trump regime. And events of this past week alone (I am writing on Sunday afternoon, May the 24th, 2026) have indeed provided extensive evidence in favor of at least the spirit of this sentiment. First of all, according to a report filed with a federal ethics agency (according to the Associated Press), Trump engaged in more than 3,600 buy and sell orders in the first quarter of 2026 alone. That is more than all 535 members of the rightly-maligned Congress put together, as Ryan Grim noted. Vice President Vance claimed that all the trades were conducted by presumably independent financial professionals who administered accounts Trump had no direct access to, but analysis made it clear that many of the trades were in companies directly influenced by Trump’s policies, and occurred mere hours, or even minutes, before important policy–including military and national security-related ones–announcements were made by Trump (sometimes on Truth Social), or administration personnel. This renders the veracity of Vance’s statement very problematic, to put it mildly. And then it was reported that Trump’s personal fortune has increased 165% during his time in office in the second term alone. And, finally (there may be more, but I will end the recitation here; this article provides a quite comprehensive list of the most important instances of fraud, double-dealing, insider dealings, conflicts of interest and simple grift that Trump and his family have been involved in during recent years for those who care to stomach more), the week also witnessed the appearance of the most spectacular instance of corruption perhaps imaginable at this level at this time: Trump directed his own Department of Justice (whose head, acting Attorney General Todd Blanche, recall, served as Trump’s personal lawyer until assuming the post at Justice) to drop a lawsuit against the IRS Trump had lodged only in January because information from his tax returns (which Trump had promised to make public anyway) had been leaked years before. The leaker was charged and imprisoned, which should have brought an end to the matter altogether, but Trump continued to litigate until a judge appeared close to dismissing the suit because Trump as was essentially suing his own IRS, which is simply absurd. Trump reversed gears and told the DoJ, again run by his former personal lawyer, to settle with the IRS, dropping the damages from $10 billion to $1.8 billion ($1,776 billion to be exact, conspicuously ratifying the frivolity of the claim, perhaps, by making it match the year the United States claimed independence, rather than any plausible claims).
But this is not the end of the preposterous story. Read more »














