the oil and oil money [the GOP-dominated federal government has] seized from [Venezuela] is “one of the largest assets to ever go on the U.S. balance sheet.” Billions and billions of dollars.

…Did Trump take the oil and the money from the oil? Bessent refuses to say. Trump refuses to say. Nobody, in fact, in the Trump regime will tell us where that money is or who controls it or even who’s making the money accrued on its interest.

  • Nouvellalia@lemmy.world
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    5 days ago

    I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America. This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States! I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States. Thank you for your attention to this matter!

    https://www.presidency.ucsb.edu/documents/truth-social-posts-january-6-2026

    • Nouvellalia@lemmy.world
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      5 days ago

      He did say he was going to put it in a non government account in Saudi Arabia so that he could “watch over it”.

  • 0x0@infosec.pub
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    5 days ago

    Im pretty sure there is precedent by an impeached president to raid and kidnap another countries president in corruption cases like this

  • artyom@piefed.social
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    6 days ago

    Seems very unlikely that none of it found it’s way into Trump’s pockets, one way or another. I assumed this was the case from Day 1. He has absolutely zero qualms at this point about using The Office to make himself richer and glorify himself. It’s disgusting, frankly.

        • FlexibleToast@lemmy.world
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          5 days ago

          None of which would get s conviction by 60 senators. Instead an impeachment would play into him constantly claiming he is the most persecuted president and its because he is fighting for his base that the democrats hate him. Why give him the win? Their chance was those 4 years inbetween.

          • vaultdweller013@sh.itjust.works
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            5 days ago

            Honestly I wouldn’t be so sure. Fuel prices and more specifically Diesel are getting to absurd levels, this is and will continue to affect freight everything from luxury goods, replacement parts for infrastructure, and food. This could be enough pressure for more pragmatic Republicans to throw Trump out especially if the Dems get a majority in either chamber with the election, hell I could see some of them going scorched earth with Massi on the way out.

            Also while it may be anecdotal I drive along the 10 over by Beaumont California quite frequently and let me tell it was quite sparce of Semis yesterday. I suspect the LA to Dallas route is on the verge of collapse due to fuel prices and if that happens it’s gonna be bad basically everywhere east of the rockies, I think the western states can kinda deal with it if they reactivate some of the old rail lines and reexpand others but yeah it’s gonna be rough.

    • AA5B@lemmy.world
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      6 days ago

      Probably his crypto fund. Isn’t that the whole point, to launder the money so it can’t be tracked?

      • Malica@lemmy.zip
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        6 days ago

        IDK why he would bother. He’s gone completely mask off, I don’t think he cares about appearances anymore.

  • Eat_Your_Paisley@lemmy.world
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    6 days ago

    Last I heard it was in the UAE because of sanctions, who owns the account its sitting in is the question but I’m assuming its a Trump family business

  • crispbacon99@lemmy.zip
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    6 days ago

    He’s using the money to fund his drilling operation in Greenland

    Edit: illegal drilling operation*

    • Auli@lemmy.ca
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      6 days ago

      Sure but it doesn’t sound like Greenland is going to do anything about it. If no one enforces the laws then they might as well not be laws.

        • TrackinDaKraken@lemmy.world
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          5 days ago

          What happens when one very powerful NATO country invades a much less powerful NATO country?

          I’m guessing that’s covered in NATO, but I don’t know what it says. But, what it says, and how it’s enforced is another thing.