19 June 2018

Systematic Rot

Forbes magazine published a great piece (link here) on Wilbur Ross, Donald Trump's Commerce Secretary, who repeatedly promised to divest himself of Chinese, Russian, and Cypriot assets worth hundeds of millions of dollars. He also told responsible officials that the divestiture was complete.

In reality, however, that was all a lie. He still owns an investment in a Kremlin-connected endeavor, and he also still owns an investment in a Chinese concern directly connected to the Chinese government, and he's still involved in a Cypriot being investigated for money laundering.

It's like everything Trump touche turns to rot. He is deeply corrupt, and anyone working closely for him soon becomes corrupt, too. It's happened with his children and his business partners.

Read the Forbes piece. It sounds like something straight out of a third-world banana republic.

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