A scammers’ coven, staged like a reality TV program. None of this is governance.
Question
Mr. President, welcome the white Afrikaner refugees here. Can you explain to Americans why it's appropriate to welcome white Afrikaners here when other refugees like Afghans, Venezuelans, Haitians have all had their protective status revoked?
Donald Trump
Well, this is a group, NBC, that is truly fake news. They ask a lot of questions in a very pointed way. They're not questions, they're statements. We've had tremendous complaints about Africa, about other countries too, from people. They say there's a lot of bad things going on in Africa and that's what we're going to be discussing today.
When you say we don't take others, all you have to do is take a look at the southern border. We let 21 million people come through our border, totally unchecked, totally unvetted. They came from all over the world. In many cases, they're criminals. They come from prisons, they come from mental institutions, they come from street gangs, they're drug dealers.
So, don't say that we didn't take them, we take them. We're trying to get them out as fast as we can and we're doing record business on that. And we just won a big case where we're allowed to send back hundreds of criminals to Venezuela, just won that today in the Supreme Court I'm happy to hear. But we do have a lot of -- a lot of people are very concerned with regard to South Africa.
And that's really the purpose of the meeting and we'll see how that turns out. But we have many people that feel they're being persecuted and they're coming to the United States. And we take from many locations if we feel there's persecution or genocide going on. And we had a lot of people.
I must tell you, Mr. President, we have had a tremendous number of people, especially since they've seen this. Generally, they're White farmers and they're fleeing South Africa and it's a very sad thing to see, but I hope we can have an explanation of that because I know you don't want that. And it's kind of a different meeting.
Yes, sir. Mr. President, what's it going to take for you to be convinced that there's no genocide?
Donald Trump
00:12:14-00:12:15 (2 sec)
Go ahead, please.
rollcall.com/...
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Trump, again, behaves like a lunatic bully in an Oval Office ambush of a foreign leader. Today, he ranted about fake accounts of "white genocide" in South Africa -- racist bullshit of the lowest kind. It would be funny if it weren't so mortifying. We are a bad joke. www.nytimes.com/2025/05/21/u...
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— Paul Barrett (@paulthedogman.bsky.social) May 21, 2025 at 2:38 PM
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“It’s absurd for anyone to insinuate that this president is profiting off of the presidency,” @PressSec said, before Trump headed to his golf club to dine with 220 people who bought his memecoin, which generates fees for a Trump business entity.
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— Ken Vogel (@kenvogel.bsky.social) May 22, 2025 at 8:27 PM
Nine of the wallets, including some that hold Pepe-themed assets, held assets whose names are outright racist or antisemitic. For example, one token is called “FUCK THE JEWS,” while another is simply the n-word. Four others are variations on the word “swastika,” such as “Swasticoin” and “Swastika Coin.”
It is not clear to what extent holders of these assets intended to acquire them. For example, it is possible to automate purchases, a strategy that wouldn’t necessarily take into account the name of the assets being purchased. Furthermore, even if the buyers did knowingly buy the tokens, they could have done so solely as a bet on their value, indifferent to the name of the asset.
The difficult-to-trace nature of crypto transactions makes it impossible to know who made the guest list for the dinner. One investor, Justin Sun—the controversial, Chinese-born crypto CEO who garnered attention last November for a $30 million purchase of crypto tokens from World Liberty Financial, a Trump-backed crypto business—has stated publicly that he is the top holder of $TRUMP and that he plans to attend the private dinner. At the time the dinner invitation winners were finalized, the wallet affiliated with Sun held ten Pepe-themed assets, but none containing any of the other more incendiary terms CREW searched.
Bloomberg also reported that more than half of the top 220 holders are likely to be located outside of the U.S. Although presidents are largely exempt from federal ethics laws that govern conflicts of interest, they are subject to the Foreign Emoluments Clause of the Constitution, which forbids presidents from accepting things of value from foreign governments without the approval of Congress.
Trump profits directly from sales of the token. A Trump Organization affiliate, CIC Digital LLC, and a second organization, Fight Fight Fight LLC, collectively own 80% of the total supply of the token. Additionally, both entities collect a portion of the fees on $TRUMP transactions. Since the token launched in January, wallets linked to the coin’s creators have accrued more than $324 million in revenue from fees. The dinner announcement was followed by a price spike of nearly 60% and a massive surge in trading volume.
By launching an anonymous bidding war for access to the presidency, Trump is opening his doors to influence peddlers with murky motivations. These attendees’ other investments show one more reason why that’s a bad idea.
www.citizensforethics.org/...
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The project is run by a Trump Organization affiliate and an entity called Fight Fight Fight, which together own 80% of the coins.
That means the Trump family benefits from increases in the memecoin’s price—as well as profiting directly from trading fees.
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— CREW (@citizensforethics.org) May 22, 2025 at 3:04 PM
“I have been in the same room with Elon, and he always tries to be funny. And he’s not funny. Like, at all,” a senior Trump official told Rolling Stone last month. “He makes these jokes and little asides and smiles and then looks almost hurt if you don’t lap up his humor. I keep using the word ‘annoying’; a lot of people who have to deal with him do. But the word doesn’t do the situation justice. Elon just thinks he’s smarter than everyone else in the room and acts like it, even when it’s clear he doesn’t know what he’s talking about.”
newrepublic.com/...
