Donald Trump, now 80 years old and seeking riches his whole life, has realized his dream by debasing the once-solemn duties of the U.S. presidency.

After decades of bankruptcies and losses and inflating his own wealth as he mismanaged his companies, Trump has finally found profit, with his financial disclosure statements showing he pulled in at least $2.2 billion last year, the first (nearly) full year of his second term. That’s far more than the prior year and without even counting all the money raked in by his family.

There is very little mystery about the genesis of these riches. Technically speaking, they come from all sorts of relatively convoluted ventures involving crypto and investments and real estate, but everyone knows that they are all the product of his transparently cashing in on his high office, a massive........

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