Randy Bauer

Follow the money on this one. It is rotten to the core. The Pentagon just lent $620,000,000 to a tiny North Carolina startup called Vulcan Elements. The company is two years old. It had fewer than 50 employees. And three months before the deal was announced, Donald Trump Jr.’s venture firm quietly took a stake in it. Here is the part the administration tried to bury. Of the dozens of companies the Pentagon was weighing, Vulcan was the only deal initiated by a top White House aide. That aide was Peter Navarro, a close friend of Trump Jr. The order came down to move fast. One official put it plainly: The call came from the White House. We have to get this done. Staff worked late nights to push it through in weeks. Deals like this normally take many months of vetting. And when it closed, Vulcan’s valuation jumped from about 200 million dollars to roughly 2 billion. A windfall for the investors, including the president’s son. This is public money. Your money. Routed through the Pentagon to enrich the president’s family and their friends. The Bush administration’s own chief ethics lawyer called it corruption we pay for. And there is more coming. A drone parts company Trump Jr. holds a stake in is also under Pentagon review. This is not a one-off. It is a pattern. The president’s family is treating the federal Treasury like a private bank, and the bill lands on every taxpayer. propublica.org/article/donal…