Transcript
David Frum (0:00)
Foreign hello and welcome to episode eight of the David Frum Show. I'm David Frum, a staff writer at the Atlantic. My guest this week will be George Packer, an Atlantic colleague and author of an incisive new profile of Vice President J.D. vance, the talented Mr. Vance. At the end of the program, I'm going to discuss a little bit. I have some thoughts about an important new book, a biography of former National Security Advisor Zbigniew Brzezinski by Ed Luce, a columnist for the Financial Times. But first, let me offer some thoughts on the week just passed. I record this discussion on Memorial Day 2025, the day when Americans honor those who have served America to the utmost of human capability by laying down their lives for their country. It seems a fitting occasion to try to address the monstrous display of self service we have seen in the past days from the Trump administration. This staggeringly corrupt administration, not just the most corrupt administration in American history, but one of the most corrupt administrations of any Democratic country ever. Two things just, just from the week's docket. This past week, President Trump hosted a dinner for some 200, more than 200 people who are invited to dinner with the President of the United States because they had purchased souvenir meme coins directly from his company. They paid millions of dollars. Many of them were foreign nationals. We don't know their names because those have not been disclosed. But they directly bought access to the President United States by putting money into the hands of his own company in exchange, really for nothing, because these are just meme. They're souvenir meme coins. They're not, they're not worth anything. And everyone who's invested in them have lost money because they devalue. Once you've had your access to the president, maybe you're investing in the hope of continued future access to the president. But they, they have no function, no purpose, no value. They are just ways for people who want access to buy it and buy it directly from the president himself and his family and his companies. The same week, the New York Times obtained a copy of a letter from inside the Vietnamese government explaining why they were bending their own laws to make possible a golf course, a Trump golf course in Vietnam which the Vietnamese government is largely financing and for which it's providing land and other services. The letter explained that the golf course project was, quote, receiving special attention from the Trump administration and President Trump personally. Since Donald Trump became president, billions of dollars have flowed from Americans and from people worldwide into his pocket. Billions of dollars and the largest share of Those billions of dollars has been from his meme coin business. Some estimate that the President has more than doubled his net worth just since January, all because of these direct payments to him. And of course these golf courses that he's opening in the Persian Gulf and in Vietnam, often financed by the host governments. Looking to achieve Donald Trump's failure. Sorry, looking to achieve his favor. The projects may be failures, but the favor is real. Now some trying to explain what is happening invoke comparisons from American history. Watergate, Teapot Dome, a great scandal of the 1920s. If you're very historically minded, you may mention the scandals around the Ulysses Grant administration. All of that falls so far short of the truth as to create enter this world of mind bending alternatives. Donald Trump's corruption cannot be compared to anything in American history. I have an article this week in the Atlantic that goes into some of the details. But just to refresh memory, in the Watergate scandal, President Nixon was trying to place bugs or get some information from inside the headquarters of the Democratic National Committee. He used campaign funds to hire burglars to break into the premises and do their mischief. And then when they were caught, as they were caught, he organized further government funds and other funds. Sorry, not government funds, further campaign funds to try to buy the burglar silence and to use government power to cover it up. It's a big, big serious scandal. But Nixon was not doing any of this to enrich himself. He was doing it to compete and win in a presidential election in a way that was beyond the rules, was illegal, but was not motivated by his personal appetite for wealth and position. Teapot Dome, which is a scandal of the 1920s, involved people in the Harding administration, not President Harding himself, accepting bribes to open government oil reserves to private exploration. And the Grant administration was riddled with all kinds of scandals. People cheating on excise taxes on whiskey, speculating on gold and silver and paper money. But again, President Grant, although he was protective of the people in his administration who did these wrong things, he himself was completely uncontaminated, as was, as far as anybody knows, President Harding and Teapot Doe. Nixon was contaminated, but he was not taking money. He was using campaign funds to support his reelection in a dishonest and illegal way. What is happening with Donald Trump cannot be compared the scale of the self enrichment. Billions of dollars flowing to the President and his family, not just from American donors, which would be shocking enough, but from people all over the world. This can't be compared to anything in American history. It's more like something from a post Soviet republic or a post colonial African state. It is a scale in terms of the money being diverged to the President. It's on a scale as big as anything the world has seen in the modern era. You might call it bribery, except there's something about the word bribery that conjures up the image that the bribe taker is kind of passive. A bribe taker is in office doing some function. And then there's a rap on the bribe taker's door. And there's the briber offering a bribe to pervert the bribe taker from the bribe taker's proper official duty. What's going on in the Trump administration is not so passive as that. It looks like Donald Trump is taking the initiative. The Vietnamese were not urging the Trump family, please, please, please accept a golf course from us. Donald Trump was squeezing them. As they wrote in writing in a letter published by the New York Times, Donald Trump was squeezing them to approve his golf course. It wasn't someone else who said to Donald Trump, here, please take our money. He invented the meme coin, or he and his confederates invented the meme coin that offered away from people to seek his favor and to back all of this up. At the same time as he was selling these meme coins, his administration has undertaken a series of arbitrary and punitive executive actions that threaten people. If you don't get in my good graces, bad things will happen to you as a law firm, you will be punished in various ways. Unless you submit to me as a private university, you will be subject to personal reactions, and we will say, we'll single out a university and say you can't have foreign visa holders. He has attacked other kinds of businesses and institutions. He's got this whole tariff schedule that allows him to retaliate against businesses that incur his disfavor. There's one tariff for Apple. There's a different tariff for other people. There's one tariff for businesses in one set of countries, different tariffs in other countries. And the tariffs, of course, can be laid on and alleviated. Laid on again and alleviated according to his personal whim. This isn't bribery. This is extortion. This is centering the bribe taker as target of someone else's action, but as actually the architect and author of the scheme. And what we're seeing here is extortion on a kind of scale, again, unlike anything in American history. Billions of dollars from people who are seeking favor, seeking to protect themselves from disfavor and finding ways, not finding ways, being offered by the president and his family. Ways to buy the favor of the president and his family. If the president likes you, if you're a candidate for mayor of New York and the president likes you, you get pardoned for your crimes. If you're a candidate for the mayor of New York and the president doesn't like you, he. He opens an investigation into you. As the president of South Africa said when Donald Trump was lecturing him, I wish I had a plane to give you. Because, of course, if you give the president a plane, there's no limit to what you can get. You know, it's hard for Americans to wrap their mind around the idea that this country is not an example to others, a positive example, that its institutions are not somehow robust, that everything won't be all right. But what we're watching here is an attack on all of those foundational premises of American life. This is a scene not out of American history. It is an orgy of extortion and corruption unlike anything ever seen before in this country and only comparable to things seen in the countries of the world that Donald Trump once called shitholes. Why are shithole country shitholes? Not because they are poor, but because the authorities are not responsive to the people. The authorities are perverted from their duty and use that perversion as an opportunity for self enrichment and aggression to the detriment of their own societies. It's on this day when we ought to honor everything that is good. We ought also to hold the measure in our minds of what is happening that is wrong, and not accept easy excuses and not shrug it off and not allow ourselves to find some kind of consolation, that maybe there's something in the 1870s that is like this. There is nothing in American history that is like this, ever. And if we absorb that knowledge and if we feel it, and if we feel the proper shame and anger, only then we'll be in position to take the corrective action that your national duty calls upon you. So much was asked from others on this Memorial Day. That's what's asked from you on this Memorial Day. And now my dialogue with George Packer. But first, a quick break.
