I'm not certain that is true. Wouldn't the most effective way to profit from the presidency be to cultivate your persona as a twitter troll, and tip someone off when you are about to make a market moving tweet so they can place a leveraged bet?
I don't think insider trading law would apply, but in any case we seem to have established that he's above the law and can't be impeached. He, or friends beholden to him, could be trillionaires by the time they leave office.
It would certainly explain why he continually makes inflammatory statements about China and everything else, without seeming to consistently pursue anything.
> My personal estimate is zero. He can't really cash in until he leaves office.
This seems true for a normal president, but Trump has never been shy about self enrichment even while in office, so it's not clear what incentive there is for him to leave.
they are already cashing in. look at jr's book deal. look at ivanka's trademarks in china. look at funneling money into their properties. there's myriad graft in that family.
My personal estimate is zero. He can't really cash in until he leaves office.
I'm not certain that is true. Wouldn't the most effective way to profit from the presidency be to cultivate your persona as a twitter troll, and tip someone off when you are about to make a market moving tweet so they can place a leveraged bet?
I don't think insider trading law would apply, but in any case we seem to have established that he's above the law and can't be impeached. He, or friends beholden to him, could be trillionaires by the time they leave office.
It would certainly explain why he continually makes inflammatory statements about China and everything else, without seeming to consistently pursue anything.
1) Reading Matt Levine's "Money Stuff" has made me expect that the SEC is pretty good at detecting such things.
2) Also, that seems like something which would make more money for someone else, which does not fit with my model of Trump's behavior.
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> My personal estimate is zero. He can't really cash in until he leaves office.
This seems true for a normal president, but Trump has never been shy about self enrichment even while in office, so it's not clear what incentive there is for him to leave.
What makes you think that? What do you think "cashing in" entails, and what do you think prevents the Trump family from doing it now?
Also, how would he and his family stay out of jail if they can no longer control the judiciary and FBI?
they are already cashing in. look at jr's book deal. look at ivanka's trademarks in china. look at funneling money into their properties. there's myriad graft in that family.
Cashing in entails:
-Large book deal, with title "Winning: How I Made America Great Again Despite All The Dummy Losers In Washington"
-Some sort of talk show or network
-But mostly, going back to licensing the use of his name all over the place
As for staying out of jail, he might not, but I suspect a combination of fuzzily enforced regulations and big money lawyers will keep him out.
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