Jonathan Chait: “The secret sauce of Trump’s real-estate business in its early stages was his ability to manipulate the media and willingness to borrow massive sums and not pay them back. When he exhausted his ability to stiff his creditors, the new secret sauce became a willingness to take money from shady overseas sources, especially (but not exclusively) Russian oligarchs looking either to park their cash overseas, or to gain some measure of influence. Whether Russia was investing in Trump for the purpose of gaining some hidden leverage over him is not incidental to the Mueller investigation but its very heart.”
“Trump’s business empire provided the entire basis for his claim to be qualified to be president. It was the proof of his genius, that he alone possessed the deal-making skills and knowledge of the political system to fix it. He managed to conceal the nature of that business empire by withholding his tax returns, and media scrutiny of his business dealings has still only scratched the surface. Those secrets carry alongside them national-security risks of unknown scale. The argument now put forward by the president and his defenders is that the FBI has no business exposing these secrets, which ought instead to remain locked in the vaults of Trump’s shadowy counterparties.”
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