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Wednesday, June 7, 2023

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The Trump dynasty is as dysfunctional as the Windsor dynasty

In a family known for its personal ambitions, wealth accumulation and exercise of power, Mary Trump is an exception. Unlike the flamboyant family members who are always in the news, Donald Trump’s niece is a regular office worker, psychologist and author, not a real estate tycoon, White House adviser, jewelry brand owner or global celebrity politician. Her net worth is estimated at just $1 million.

In 2020, Mary sued her uncle, claiming that “she was defrauded of millions of dollars in a 2001 family settlement.” Sadly, as CNN reported in November, “a New York judge dismissed the Mary Trump’s lawsuit against former President Donald Trump, saying her claims were barred by an earlier settlement she reached more than 20 years ago.” Of course, she has appealed.

In an interview with MSNBC, Mary drops her latest bombshell at her increasingly disgraced uncle. business insider Article on the incident titled: “Ivanka and Jared Kushner cut ties with Trump because he’s ‘losing value’ and they don’t need him anymore, says Mary Trump”

As a professional psychologist, Mary understands what drives members of the Trump family. As an American millionaire, she also understands the concept of “losing value”. And, as part of Trump’s tribe, she knows how her people reason, as this quote from the interview reveals: “Most of Donald’s inner circle is the same — always making deals Calculated, and a lot of people calculated that it wasn’t worth it to them anymore.”

Today’s weekly devil dictionary definition:

Transaction calculation:

For those active at the highest echelons of American culture, this ultimate skill applies to all decisions, whether in business, family, the arts or even love.

contextual notes

Donald should have known the risks of cheating on his own career-minded family members. Then again, someone like Trump – with wealth he refuses to share with others –

Savings for understanding the refusal to represent is used to pay the attorneys who will step in to neutralize that risk.

Transactional calculations are a core skill for anyone belonging to the American elite. The Trump family’s version may represent an extreme, but the skills it reflects can be found deep within the shared and competing value system that forms the core of American culture. Even among the elite, most Americans spend most of their time preoccupied with battling the outside world and excluding their families from the assertive fierce competition that defines their lives and identities. In American culture, home and family symbolize a safe space where the relentless pressures of social, professional, economic, and psychological competition remain, fortunately, absent.

The first thing good competitors and elite businessmen do is evaluate the promised benefits and known risks of any new venture. Mary Trump told CNN that Donald’s daughter Ivanka and his son-in-law Jared Kushner were belatedly aware and “realized that their relationship with the former president was ‘damaging them, at least socially.'” So they are distanced from Trump’s third presidential campaign. It was a simple calculation, thanks to which they “finally realized that staying away from the Donald had more to gain than staying with him.” Always ask yourself the fundamental question: Where do you expect to get more from?

Mary Trump apparently sees this not as a betrayal of loyalty, but evidence that her uncle Donald has lost all credibility. While it lasted for a while, Ivanka and Jared’s tight nepotism with President Trump has been financially profitable for them. It finally turned out that six months after the Trump family confiscated the keys to the White House, Saudi Crown Prince Mohammed bin Salman (MBS) invested $2 billion in Jared’s private equity firm, Affinity Partners. It was a well-deserved windfall for the man who whispered the most pressing needs and desires of America’s current president, MBS.

Still, things can get a little complicated. Earlier this year, New York Times disclose”[b]Officials at a fund led by the Saudi crown prince questioned taking such a big risk before committing $2 billion to Mr Kushner’s fledgling company. Now that Donald Trump’s ship appears to have hit an iceberg, MBS may end up regretting his pledge.

Jared and Ivanka appear to be sticking with their new Middle East game plan. business insider Tell us, “This couple seems to be prioritizing their personal lives as they travel to Egypt and the World Cup in Qatar with their three children.” MBS’s billions could be working like a magnet, drawing them permanently to the Arabian desert, And keep them away from Mar-a-Lago.

history record

As the January 6, 2021 riots revealed, elections in modern democracies can be traumatic. Many, including Trump, have argued that a democratic transition, often a mediocre process, is tantamount to regime change. The disturbing fallout from the contested election has proven far-reaching. If Trump were to repeat his mistakes in 2016, most of the media and much of the political class are mobilizing their resources to prevent an impending disaster.

it’s no accident MSNBC — Existentially Committing to a Monoculture of Trump Hatred – Select interview with Mary Trump. Her role to the media is akin to that of a defected Russian military officer, ready to expose Putin’s madness and predict his inevitable downfall. (Trump-hatred and Russia-hatred have become two faces of an obsession that overshadows most “liberal” media coverage and may incidentally bring humanity to the brink of nuclear annihilation).

The same outlets are right to highlight the Ivanka and Jared cases. They themselves embody some of the core trends of American culture. business insider Delve deeper into the psyche of what was once seen as America’s royal couple than Mary Trump herself. Looks like “Trump’s oldest daughter ‘hates all the criticism and threats that politics brings’ and is ‘resentful that so many friends are turning their backs on them.'”

Even if Trump reverses his current bad luck, manages to secure the Republican nomination and defeat the Democratic nominee in 2024, Ivanka and Jared, thanks to their friendship with MBS, believe they have achieved their main goal. As Marie points out, “Ivanka and Jared are veritable rich people, except for what Donald is doing, so they probably don’t need him as much as they might have.”

In Mary’s eyes, Trump is a declining stock that is “depreciating”. No sensible investor — and Jared absolutely wants to be seen as one — bets on a stock that’s losing value, even if that stock is key to creating all the value he owns now. Jared doesn’t need Trump because he has a new spiritual father-in-law, MBS, someone who will never have to deal with the shame of losing a “stolen election”. Now that Donald’s fortunes have plummeted, it’s risky to be associated with him. In contrast, Ivanka and Jared have no reason to worry that being associated with the man who ordered the murder of Jamal Khashoggi will cause them social harm. After all, MBS has given them $2 billion in funding, which is a far better deal than any they could have hoped for with Donald Trump’s new term in the White House.

Unless, of course, the damage done to Trump by Trump’s Humpty recession has ripple effects on Jared’s own business reputation. We can then imagine that MBS – mastering the art of transactional calculations in his own Middle Eastern way – would seek a roundabout way to get his $2 billion back. The amount may be a small sum for the crown prince, but he can see it as a matter of principle. He once claimed to have Jared in his pocket. MBS may want revenge if his Saudi brethren believe his son-in-law has defrauded him of billions of dollars. After all, this is one of the accepted principles of trading calculations.

*[In the age of Oscar Wilde and Mark Twain, another American wit, the journalist Ambrose Bierce produced a series of satirical definitions of commonly used terms, throwing light on their hidden meanings in real discourse. Bierce eventually collected and published them as a book, The Devil’s Dictionary, in 1911. We have shamelessly appropriated his title in the interest of continuing his wholesome pedagogical effort to enlighten generations of readers of the news. Read more of Fair Observer Devil’s Dictionary.]

The views expressed in this article are the author’s own and do not necessarily reflect the editorial policy of Fair Observer

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