Letters from an American May 6, 2025
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May 7, 2025 The discussion begins with the Trump family's cryptocurrency troubles, illustrating the divide between profit and investor loss. National security clashes with press freedom as a declassified memo reveals tensions in Venezuela. Trade negotiations are highlighted, showcasing the push for fairness in agreements, particularly between India and the UK. In geopolitical matters, the growing China-EU relationship is scrutinized against shifting U.S. rhetoric. Finally, escalating military tensions emerge as international conflicts, particularly in Kashmir, urge the need for diplomatic solutions.
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Trump Meme Coin Profit Disparity
- Trump's meme coin generated massive profits for a few, but most smallholders lost money.
- Creators pocketed over $324 million in fees, showing a wealth concentration in crypto schemes.
MAGA Denies Constitutional Rights
- MAGA ideology rejects established constitutional rights, such as due process.
- This denial manifests in government refusal to acknowledge basic legal protections.
False Claims Justify Migrant Policy
- US intelligence found no evidence that Venezuela's government colludes with criminal gang TDA.
- Trump administration used false claims to justify harsh migrant treatments and investigated reporters exposing this.