The financiers who support him have made the same error as all powerful people who back authoritarians
The writer is senior adviser, Sequoia Heritage “Trump is good for people like you and me.” I first heard this refrain in 2016 while trying to raise money to ensure that the serial business bankrupt from New York didn’t become leader of the free world. The speaker was a political refugee from cold war eastern Europe. He and his relatives had been given citizenship by the US; he had benefited from its welfare system and been educated in California’s public schools and colleges.
Why then do they dismiss his recent criminal conviction as nothing more than a politically inspired witch-hunt over a simple book-keeping error? Is it because they haven’t liked the tilt of the Federal Trade Commission since 2021 or do they believe that Trump will bolster the value of their bitcoin stakes? Perhaps they think he will give free rein to AI or maybe they believe Presidents Putin, Orban, Maduro and former President Bolsonaro are benign spirits.
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