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You are here: Home / Corruption / The Looting of America

The Looting of America

May 19, 2026 at 6:40 am EDT By Taegan Goddard Leave a Comment

Paul Krugman: “So the Trump administration is creating a $1.776 billion slush fund — 1776, get it? — to pay off victims of ‘lawfare and weaponization.’ Just to be clear, if you’re a U.S. taxpayer, this action means that almost $1.8 billion of your money will be handed out to whomever a panel appointed by Donald Trump decides to reward. The beneficiaries are likely to include January 6 insurrectionists, as well as Trump, his family, and his allies.”

“Few things shock me these days, but this development — in which a Justice Department that works for Trump is paying a vast sum to ‘settle’ a lawsuit brought by Trump himself — is a new nadir in self-dealing, further revealing Trump’s utter contempt for the American people.”

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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