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Trump accepting monetary presents from Qatar is without doubt one of the some ways he can damage his legacy

by Index Investing News
May 14, 2025
in Opinion
Reading Time: 5 mins read
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Through the years, quite a few research, speeches and books have centered on a phenomenon often known as self-sabotage.

The topics are extremely profitable individuals who throw all of it away by behaving recklessly once they get to the highest of the heap.

Assume Invoice Clinton and Monica Lewinsky.

Overconfidence, boredom and an insatiable quest for energy are among the many causes generally recognized as explanations for the damaging cycle.

Comes now Donald Trump, who’s behaving in ways in which threat his identify being added to the checklist of the notoriously foolhardy.

In his case, the thriller could be why Trump seems keen to damage a superbly good presidency by partaking in monetary dealings which might be suspect and pointless.

Extra From Michael Goodwin

His success, his legacy, the MAGA motion and America’s place on this planet all hold within the stability.

Comeback victory

The backdrop is exclusive: Trump’s comeback victory for a second time period after surviving a would-be murderer’s bullet and 4 politically pushed prosecutions is already the stuff of legend.

Regardless of a couple of hiccups, he has pulled off among the best begins to a second time period by fulfilling large marketing campaign guarantees.

His success in closing the border inside weeks stands by itself as of one of many best and quickest achievements in fashionable American historical past.

Equally, his knack for getting large enterprise leaders to take a position trillions of {dollars} within the US are down funds on his pledge so as to add thousands and thousands of good-paying jobs whereas cementing America’s financial system because the unchallenged world chief.

Trump can also be taking over the far left over its cultural dominance with hot-button points, together with the dimensions and value of presidency and the roles of race, faith and the transgender motion in enterprise, colleges and sports activities.

His defunding of NPR and PBS is a daring stroke that no different president would dare take.

On the worldwide stage, he’s fashioning a report as a dedicated peacemaker, one that may lastly win him the Nobel Peace Prize he ought to have received for the historic Abraham Accords.

Add to this spectacular checklist the truth that he’s already a self-made billionaire, and the query turns into much more maddening: Why is Trump risking all the pieces he’s labored so onerous for simply to have a couple of extra shiny baubles and trinkets?

Exhibit A is his eagerness for America to just accept a $400 million jet from the dominion of Qatar to be used as Air Power One whereas in workplace.

After that, the jumbo “palace within the sky” would grow to be the property of his presidential library, the place it presumably could be reserved for his use.

If that have been all, the reward could be questionable however defensible, given the lengthy delays in Boeing fulfilling its contact to construct a brand new presidential aircraft when the present fleet is about 40 years outdated.

Trump’s reasoning is blunt: “I’d by no means be one to show down that sort of a suggestion,” he advised reporters.

“I imply, I might be a silly particular person and say, ‘No, we don’t desire a free, very costly airplane.’ But it surely was, I assumed it was an amazing gesture.”

Sadly, the Qatari jet is just one of a handful of selections that counsel the seal of the presidency has greenback indicators on it.

Trump and his household have companies — golf programs, lodges and or towers in every of the three Arab international locations he’s visiting this week, Saudi Arabia, the United Arab Emirates and Qatar.

These are usually not free-market economies.

They’re monarchies, the place the ruling households wield absolute energy to grant favors and licenses.

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Bankroll Hamas

Of the three nations, Qatar is essentially the most troubling, on condition that it’s dominated by the identical household that funds Al Jazeera, helped to bankroll Hamas and gave its billionaire killers shelter, all whereas refusing to denounce the terrorists’ Oct. 7 butchery in Israel.

Furthermore, a number of the thousands and thousands Qatar has funnelled to elite American universities have been tied to antisemitic, anti-American college and the unconventional teams calling for the elimination of Israel.

The failure of these schools to guard Jewish college students is the prime motive why Trump’s administration is rightly canceling billions in federal grants and contracts with Columbia, Harvard, Penn and others.

But when Qatar’s cash is nice sufficient for Trump and his household, how is it too soiled for universities?

Within the clearest signal but that the president’s starvation for private and non-private offers is infamous, the brand new chief of Syria, a former member of al Qaeda, reportedly sought a gathering with the president by mentioning to a Trump affiliate that he might envision a “Trump Tower in Damascus,” along with American investments in Syrian oil and fuel.

Once more, the picture is without doubt one of the First Household and America each profiting.

Trump was extra cautious in his first time period, and dominated out any new overseas household offers.

Now there may be the added worrisome incontrovertible fact that his household has dived head-first into the crypto foreign money enterprise, whilst federal regulators report back to the president.

His entanglements are fueling questions concerning the Structure’s emoluments clause, which prohibits federal officers from accepting priceless presents and funds from overseas governments with out congressional approval.

The purpose is to verify the president and others stay free of outdoor affect.

Catnip to Dems

Naturally, these large cash offers are catnip to Democrats and their media handmaidens.

The left has been desperately looking out each for a pacesetter and points it could use in opposition to Trump now and within the 2026 midterms.

The Dems’ tilt towards socialism and a loopy embrace of unlawful felony migrants is proving to be a bust with the general public.

Ditto for its jihad in opposition to Elon Musk and the DOGE effort to chop federal spending.

And with the inventory market recovering its losses from the plunge after Trump introduced his “Liberation Day” tariffs and with inflation falling, the financial system doesn’t look now as if it’s going to be a hammer Dems can use in opposition to him subsequent yr.

All of which makes it extra seemingly the household’s overseas enterprise offers and the Qatari aircraft might be their rallying factors.

They don’t need to be wildly profitable to have an outsized affect.

The razor-thin GOP majority within the Home, and the current report of management slipping away from the president’s occasion on the first midterm, means even a slight shift in public temper might hand the gavel to Rep. Hakeem Jeffries.

Trump’s home agenda could be immediately lifeless, and Home impeachment would comply with.

That sample could be a replay of his first time period, when the final two years of Trump’s presidency have been dominated by Nancy Pelosi’s willpower to drive him from workplace or a minimum of soiled him up so he couldn’t be re-elected.

The manufactured hysteria over Ukraine and Russia, Russia, Russia was sufficient to make her speaker.

There’s no requirement that historical past repeat itself, after all, however the circumstances are eerily ­related.

The result continues to be inside Trump’s management, and it might be tragic if he offers the Dems a gap to derail his presidency.



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