46 Comments

This is maddening yet not at all surprising. People like Kushner and Trump don't know how to create wealth, only how to extract it. Then, when they screw up their (parent's) money, they let shady people who expect something in return swoop in and save the day. Nothing to see here!! Just a couple billion dollars...

I was almost a teenager when Trump's Art of the Deal book came out. My grandfather was at his table on the back patio, chain smoking cigarettes in silence as my dad gushed about the book. As calm as he looked, his right eye was starting to twitch, a clear sign his stress levels were off the chart.

After my dad left, my grandpa fumed about Trump. A former CEO himself, he thought Trump was the worst kind of business man -- a corrupt and dishonest one who lacked integrity and operated from a place of extreme self-interest and greed. He feared what we would become as a people if that became the day's model for business. He envisioned con artists and scamsters flourishing in a Trump-styled world, and honest people driven to obscurity. He said that model of business is unsustainable and would destroy America as we know it. That was over 30 years ago...

My grandpa died in the late 90's. He would've been horrified to see how life has unfolded over the last 6 years. This is exactly what he feared -- power falling into truly corrupt hands.

Expand full comment

Despite his soft, waxen appearance, Kushner has emerged as one of the most craven, amoral players in global politics. 1.25% mgmt fees for this fund is a ridiculous amount, which he'll leverage for who knows what. Quite probably Jared will become a future kingmaker of the GOP a la the Mercers and Koch's, who are ageing and appear to be losing their touch. This may be payback by MBS, but he is likely seeing this as a long term investment in US political influence for many years to come.

Expand full comment

More grifting from a family of grifters and con artists. And this, apparently, is who the MSM wants back in the White House. Because, you know, ratings.

This country is just so screwed.

Expand full comment
founding

Payback for what? Top secret information that Jared Kirschner had access to? Likely. I also worry its more than payback, but also an investment in the future. Does MBS want Trump back in the White House and are they willing to help him via online disinformation campaigns? Seth Abramson's research unearthed an alliance between middle eastern countries--including Saudi Arabia, the UAE and Israel--Russia and the Trump campaign and presidency. If Trump runs in 2024, will Israeli Cambridge Analytica-like tech firms like Psy Group meddle in the race, along with Russian disinformation operations? Let's assume the answer is yes and prepare accordingly. According to many experts on the subject, like Dave Troy, Jim Stewartson and others, Russian psychological operations, psy-ops for short (brainwashing of voters online) have been ongoing here, with many of the big ones like Q-Anon under the direction of Mike Flynn, who has an extensive backdrop in psy ops during his time in the US military. According to Jim Stewartson, who has followed Flynn daily for over a year, Flynn is a Russian asset under the direction of Putin. For speaking out on this warning the American people, Stewartson has ben attacked by Flynn/Russian aligned trolls who work for money. As a result, he has been successfully silenced on Twitter, which has a terrible safety policy that allows trolls working for Russia to stay online and people telling the truth like Jim Stewartson to be booted off by them. I have had personal experience being attacked by these trolls whenever I mention Flynn and Stewartson in a tweet. Some of the disinformation agents are even quasi respected journalists who influence story place meant in publication including The NY Times. The NYT story on the roots of Q Anon was the result of disinformation fed to them that they believed and published. According to former KGB agents I'v heard interviewed, for decades this has been one of Russia's propaganda techniques, getting propaganda pieces published in major western news outlets. Mike Flynn is dangerous and continues to radicalize his followers, many of whom are far right evangelicals and conservatives Catholics. He's a traitor and a fraud and threat to national security and public safety, as he commands a brainwashed "digital army', in his own words. Jim Stewartson has a sub stack where you can learn more. I also recommend his and Heidi Cuda's podcast on disinformation, "Radicalized Pod." ) When she once interviewed the former president of Estonia- a country with a lot of experience with Russian disinformation--and he, Toomas Hendrick Ilves, mentioned he read Jim Stewartson, I knew Stewartson was the real deal.

Expand full comment

Earlier in the year I commented about the media not giving Biden a fair chance and consistently ignoring the excellent policies and programs that have come from the Biden administration. You commented that that was just the way it was. I hope you will read Heather Cox Richardson today her column Speaks to the disconnect between the media and Biden

Expand full comment

A very egregious and lucent example of how politicians become filthy rich.

Just imagine all the dealings we don’t know about.

Look at the wealth of our senate politicians - Mitch McConnell and Joe Manchin for example!

Expand full comment

bUt HuNtEr BiDen ! !

Expand full comment

In other words, all the noise the Trumpists have been making about Hunter Biden and corruption is just the latest confirmation of the aphorism: "Every accusation is an admission of guilt." Hunter Biden may have taken some small advantage of his position as the Vice President's and later the President's son, but his benefit from this, amounts to payment for actual services rendered. Kushner has offered no services to MBS except the ability to launder a very dirty image and cover over MBS' murderous corruption with a layer of respectability provided by friendship with the rich and powerful. I'd say Kushner's trading on, and massively enriching himself simply because he's TFG's son-in-law is shameful if I thought America's "conservative" wealthiest citizens were capable of shame. Clearly most of them are not (at least on this side of the grave).

Expand full comment

We will never know the amount of criminality perpetuated by this dictator seeking president.

Expand full comment

I do not understand how the likes of Jared Kushner & Donald Trump can sleep at night. They are complicit in the brutal murder of Jamal Khashoggi, & never give his death another thought.

Expand full comment

Trump and Kushner = corruption. Enrichment using their positions at the expense of the American taxpayer. I just helped an old lady walk home today. She was sitting on a curb on my street unable to get herself back up. Her 2 bags were groceries from the Dollar store and we’re heavy. She had 5 blocks to go. She lives on Social Security and has diabetes. Her comment: “I hear they (someone in government)want to take away Social Security. It’s all I have and even then I barely make it. The rich just keep getting richer and the poor poorer.” Why isn’t more of America outraged?

Expand full comment

Dammit!.... I thought Hunter Biden was a threat to our country!!!! ???

Expand full comment

This relationship map connects the Kushner-Mnuchin grift to the Saudi-Russia collusion that is raising gas prices and inflation. https://thedemlabs.org/2022/04/12/saudi-russia-collusion-raises-gas-prices/

Expand full comment

Judd, is there more public information on any other principals in this private equity fund, or the fund itself? I am assuming that the royal family is aware that he has no fund management skill or experience. He might be a rain maker or good window dressing for additional investors, or able to lobby some politicians, but what else does he offer? Also, if he's indicted by the DOJ, what good is he to private investors of any kind? Lastly, it may be of more footnote value, but I note that Jared Kushner, a true example of privileged mediocrity, also completely mismanaged the New York Observer while he ran it, both editorially and financially.

Expand full comment

It's so frustrating to have observed this grifter & trump making moves to enhance their pockets. They used their positions fir the betterment of themselves and it has been obvious from the start. Grrrr

Expand full comment

And yet, none of this is illegal.

Expand full comment