“Russians make up a pretty disproportionate cross-section of a lot of our assets. We see a lot of money pouring in from Russia.”
— Donald Trump, Jr., 2008
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In the waning months of 1991, the Soviet Union officially disbanded. Collapsed. Imploded. Over the years, a myth has taken shape among conservatives that Ronald Reagan, that clever rascal, tricked the USSR into bankrupting itself.
He did no such thing. The Soviet Union fell apart because half its member states were in open rebellion and others were poised to follow. The empire was too sprawling and unwieldy to control. The handwriting was on the wall.
The Soviet leader, Mikhail Gorbachev, understood that the end was inevitable. Ultimately, he did the world a favor, declared that the USSR was no more, and went home to his native Russia.
In place of the former Soviet Union were 15 independent countries. By far the largest and most influential was the Russian Federation, which took home most of the nukes.
Gorbachev didn’t last long as President of the new Russia. He was succeeded by Boris Yeltsin, a construction worker who rose through the ranks as a Communist Party loyalist. Yeltsin was mediocre and crude, but he garnered a reputation as a maverick and a straight-talking man of the people.
As President, Yeltsin was determined to transform Russia from socialism to a market economy. Throughout the 1990s, he instituted a series of radical policies designed to shock the economy and force the desired changes. Most of the industries controlled by the government were privatized.
Whereupon, the Russian economy descended into chaos. By the time a measure of stability was restored, most of Russia’s wealth — its property, transportation, media, manufacturing, mining and more — had fallen under the control of a small group of “oligarchs,” an opportunistic bunch who took advantage of the chaos to amass great wealth and power.
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Vladimir Putin joined the KGB in 1975 and left in 1990 to transition into local politics. He excelled in that environment and worked his way up. In 1997, Yeltsin named Putin to his personal staff.
In 1998, Putin was appointed Director of the Federal Security Service, the successor to the old KGB. Yeltsin also made it clear that he wanted Putin to succeed him.
Yeltsin, who suffered from heart disease and alcoholism and faced corruption charges, resigned as President in 1999. Putin became Acting President, and he promptly signed an order declaring that no corruption charges would be pursued against Yeltsin.
Putin was elected to his first term as Russian President in 2000, and he remains in office today. He has successfully allied himself with the oligarchs, and together, they not only control Russia’s government and economy, but they also conduct business around the world with a range of corporations and countries.
Some of their business is legitimate — normal transactions as part of the world economy. But, because, Putin and the oligarchs are quite literally a gang of crooks, a large part of their financial dealings involves dirty money — their take from bribery, kickbacks, skimming, payoffs, and theft.
Accordingly, they need a regular supply of willing and seemingly honest business partners around the world for money-laundering purposes. Right now, investigations are underway to determine the connections, if any, of Donald Trump and his companies in this regard.
No one knows Putin’s net worth. However, through his ties to the oligarchs and his stakes in numerous Russian companies, he probably is a billionaire many times over. He may well be the wealthiest human ever.
In 2012, Putin was cornered into reporting his income for the first and only time. With a straight face, he claimed an annual income of $113,000. Seriously.
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Donald Trump was in the public eye for decades before he stumbled into politics. We all were well aware of his standing as a professional showman, clown, and loudmouth.
His shtick, his role on the national stage over the years, was that of an insult comic. He reveled in being outrageous and provocative. The fact that he came across as an egotistical gasbag? No problem. That was part of the routine.
Lots of people thought Trump was entertaining, in an Archie Bunker kind of way. Others, like me, found him shallow and vulgar and tried not to think about him. Let him rant and fire people on TV. Nothing says you have to watch.
Clearly, a person of this caliber is completely unsuited to lead the country. Trump, in fact, is one of the least qualified persons of all time to serve in public office.
But here we are, well into a presidency that was destined to be a trainwreck and is fulfilling its promise every day.
The fact that Trump is an obnoxious jerk does not, of course, disqualify him from serving. Politics is heavily populated with jerks. But other factors should have disqualified him — and, I submit, still do.
Factor number one is his personal and business ties to Putin and the oligarchs. No American President should have ties of any kind to any foreign country, let alone Russia. Russia! My God!
Someday, we’ll find out the extent to which Trump and people close to him are in bed with Putin and his gangster friends. We’ll be able to see how dirty money was laundered, and by whom.
Someday, we’ll also understand the extent of Russia’s dirty-tricks campaign to help Trump win the 2016 election.
When we do, minds will be blown.
A second disqualifying factor is that Trump’s global business interests and foreign entanglements present spectacular conflicts of interest that simply are unsolvable. Already, he and his businesses are profiting greatly because he is in office.
And, sadly, even if heads eventually roll, we’ll probably never know the extent to which Trump, his family, and his cronies have cashed in.
A third factor, which is almost trivial in the overall scheme of things, is the matter of Trump’s incompetence. He isn’t capable of doing the job, isn’t interested in doing the job, and has no intention of learning to do the job.
In other words, being incompetent is his least egregious fault.
In my next post, a few words about the people who voted for Trump.
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