Showing posts with label corruption. Show all posts
Showing posts with label corruption. Show all posts

Saturday, August 15, 2026

The Trump Family Have Become Bank Owners (Should We the People Sing Doo da day, E-I-E-I-O or Just be DISGUSTED!)

The information below was AI-generated. The question that I asked was HI-generated.

  • I asked: Is it true that the Trump family has become bank owners?

(I heard a report in a YouTube Shorts video and wanted to verify.)


crypto bank
(Free image found on Pixabay)

The AI-generated response was:

Yes — the Trump family is not running a traditional consumer bank, but they have received preliminary approval for a federally chartered trust bank connected to their crypto venture, World Liberty Financial.

  • The key point: They are not owners of a normal deposit-taking, loan-making bank. They are partial owners of a crypto firm that has been conditionally approved to operate a national trust bank, which has more limited powers.

🠚What actually happened:

  • World Liberty Financial (WLF) — a crypto company launched by Donald Trump Jr. and Eric Trump — applied for a national trust bank charter through its entity World Liberty Trust Co.

  • The Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval in August 2026.

    • This allows the company to move toward operating a federally supervised trust bank.

    • The bank would be able to issue and custody WLF’s USD1 stablecoin, and manage related assets.

    • Trust banks cannot take deposits or make loans like traditional banks.

  • WLF states that 38% of the company is owned by an entity affiliated with Donald J. Trump and certain family members.

🠚So are they “bank owners”?

In a limited sense, yes — they are partial owners of a crypto firm that has received conditional approval to operate a federally chartered trust bank. But they are not owners of a conventional retail or commercial bank that handles deposits, mortgages, or consumer lending.

  • Think of it as: Crypto company + federal trust charter ≠ traditional bank.

⚠️ Political and ethical controversy

  • Multiple lawmakers, including Sen. Elizabeth Warren, have called the approval “the most brazen act of self-dealing our financial system has ever seen.”

  • Critics argue the Trump administration’s regulator approved a bank charter for a company in which the president and his family have a substantial financial interest.

  • The OCC says the review was conducted by career staff in accordance with standard procedures.

Bottom line:

The Trump family is not running a traditional bank, but they are part owners of a crypto venture that has received conditional approval to operate a federally chartered trust bank. Final approval still requires additional regulatory steps.

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Sources Used by AI:

Office of the Comptroller of the Currency. Conditional Approval of the Application to Establish World Liberty Trust Co. U.S. Department of the Treasury, 2026, occ.gov.

Hunnicutt, Trevor, and Kanishka Singh. “Trump Family‑Backed Crypto Firm Wins Preliminary Approval for U.S. Trust Bank Charter.” Reuters, 7 Aug. 2026, reuters.com.

Associated Press. “Lawmakers Criticize Approval of Trust Bank Linked to Trump Family’s Crypto Venture.” AP News, 8 Aug. 2026, apnews.com.

Korte, Gregory. “Trump‑Linked Crypto Firm Gets Green Light for National Trust Bank.” Bloomberg, 9 Aug. 2026, bloomberg.com.

Shah, Nikhilesh. “World Liberty Financial’s Trust Bank Approval Raises Questions About Crypto Regulation.” CoinDesk, 10 Aug. 2026, coindesk.com.

The White House
(Free Image found on Pixabay.)

MY Bottom Line Compared to AI's Bottom Line.

(Human-generated. IT'S ALL ME. Don't want anybody else to take the blame.)

First of all, to the AI programmers who are also human ... I would like to thank AI for beginning the response with a YES!!! and then providing specifics so that American people KNOW where to POINT THE FINGER OF BLAME.


Let me rehash.

  • The Trump family is not running a traditional bank. Think of it as: Crypto company + federal trust charter ≠ traditional bank.
Uh huh. It's not "traditional," and I guess if they say it has "limited powers", everybody should just relax!

Well, that makes me feel so much better? Don't all of US feel better knowing this?


MY Final Bottom Line (Which Will Hopefully Rise to the Top):



Aaaahh! Crypto banks! Virgin territory.

In all likelihood, "they" (Trump, his family and his extended "family", others who are ALL IN) were probably ALREADY DOING THIS. 

But they needed to make a LAW so that they can say they're NOT BREAKING THE LAW. And they want to ignore or override CURRENT MONEY LAUNDERING LAWS, RICO, and similar statutes that are already on the books.

Did I forget anything? Oh! Yeah!
  • NO IRS AUDITS.
  • A puppet US Attorney General
  • SCOTUS in the POTUS' back pocket
  • A Law and Order president who creates LAW for his “New World Order” 
In other words, TRUMP THINKS HE'S UNSTOPPABLE!!

Dear Citizens:
What you need to understand about our government is – AND I love my country – there are a lot of unethical, immoral people who work as “servants”. But they're serving their own bellies. Some of them are plain old CROOKS. They do a lot of bad stuff, but most of the time it is unknown until … A WHISTLEBLOWER STEPS FORWARD.

People think the dark web is dangerous. Are they even looking at OUR White House?

My fellow Americans: 
Is everybody laser-focused yet? 

"O say, can you see"??

Trump is NOT putting America FIRST!

Three words. Trump Totalitarian Regime.

Is it coming our way? Or are We The People gonna STOP IT?

THIS IS NOT A PATRIOT "GAME".
SAVING AMERICA IS NOT AN ACT!!

Tuesday, January 20, 2026

Corruption is a Cancer and Some Countries are Sicker Than Others (An Opinion Piece)

“Why is corruption so hard to remove in our country?”

This question was asked by a person on Facebook. The question and the answer they provided were country-specific. They were discussing the present situation in India and presented an outsider’s point of view on why corruption is an accepted way of life in that country.
I am also an outsider. I live in the United States and have never been to India or to a lot of other places in this world. (Never even been to California.) That doesn’t stop me from having a point of view and my perspective is not country-specific. It’s a world view.

Corruption is a cancer that exists all around the world. ALL countries get sick from it. Some countries are more sick, more than others. But no country is immune to corruption.




In fact, there is no place on earth where people live in a community with rules that should be followed for orderliness, settling disputes, punishing wrongdoing, and living a peaceful happy life, where corruption won’t rear its ugly head. Once it happens …

CORRUPTION is hard to remove in ANY COUNTRY!

♦
How does corruption occur? It’s the G-men!
We won’t include organized crime, cartels, gangs, and thugs in this discussion. Let’s talk about the other G-men. Not “G” for gangster. “G” for government officials.
First, the corrupt person (one lone individual) provides “fake promises” that will dutifully serve the people; knowing full well that they really only intend to serve themselves and help themselves to whatever they can get!
Once The Corrupt get into their positions and hunker down, they have absolutely no plans for leaving. EVER! Not only that, they surround themselves with supporters who get treats and rewards for “being naughty” FOR THEM.
They build a stronghold of “invisible soldiers”. Invisible? Yes. Quite often you don’t know who’s serving who. It’s not like these people walk around wearing a badge that identifies them.
Then there are those who are NOT supporters but they are too afraid to do anything or speak out against the pernicious acts of the G-men because they fear for their lives or the lives of those they love. It’s just a matter of self-preservation.
As complicated as the matter is, when faced with corruption there are only 3 solutions/choices.

Fight, Flight or Stay.

♦
Fight. Stand up for your rights and demand change. Some use force, weapons and violence. Some use peaceful nonviolent methods. Either way. THEY FIGHT!
Flight. Leave and go live elsewhere. Hey! Home Sweet Home is wherever you can build it. Mr. Von Trapp was a wealthy man (according to the movie “Sound of Music”)’ but he took his family and left the country anyway!
Stay. Live with it. Not everyone has the physical and mental strength to fight. Not everyone has the means to leave. If you can’t leave and you feel you’re not strong and/or brave enough to fight, then you acquiesce. You resign yourself to the fact that corruption in your daily life is the “normal” and you take each day as it comes. There is a tiny bit of hope buried deep down inside of you that maybe one day you’ll be delivered from evil.

Even though corruption is hard to get rid of, it’s not IMPOSSIBLE!

♦
The purveyors and perpetrators of corruption can be brought down. I would say brought down low. But The Corrupt are already LOW! They just take their seat in high places.
Cause and effect. If one can eliminate the cause, one can eliminate corruption.
Most people think Divine intervention is too slow, so often a military overthrow is the solution.
But well-known singer/songwriter Sting says that he “never saw a military solution that didn’t end up as something worse”.
So why is it so hard to root out corruption?

Simply put … the root cause of corruption is … Brother Against Brother.

♦
That’s why it’s so hard. Hard. Not impossible.
Agree or Disagree.
** Since the question on Facebook was specifically about India, here is an interesting link.  India Corruption Rank | 1995-2019 Data | 2020-2022 Forecast | Historical | Chart





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Revisited this content and have a few notes to add JAN 2026.


This would be funny if it weren't for the fact that IT'S NOT FUNNY! Official Top 50 Happiest Countries 2025 www.timeout.com/news/world-h... No surprise USA is not in the #Top10. BIG SURPRISE Israel is on the list. USA is No. 24. Pauvre Greenland. Not on the list. Or is it?🤔 Denmark is No. 2.

— [ᴛʀᴇᴀᴛʜʏʟ ꜰᴏx ᴀᴋᴀ ᴄᴍᴏɴᴇʏꜱᴘɪɴɴᴇʀ] 💖 (@cmoneyspinner.bsky.social) 2026-01-20T23:13:11.221Z


Happy versus Corrupt Countries. Well! Thanks to #POTUS #Trump, #Venezuela might drop off the black list. Also, thanks to Trump, #America might become Number One on the black list. It's just #humor. (Or not.) Sources: thenationonlineng.net/full-list-50... factsinstitute.com/ranking/most...

— [ᴛʀᴇᴀᴛʜʏʟ ꜰᴏx ᴀᴋᴀ ᴄᴍᴏɴᴇʏꜱᴘɪɴɴᴇʀ] 💖 (@cmoneyspinner.bsky.social) 2026-01-20T23:27:41.817Z




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