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    Trump promises expanded immigration crackdown after ‘No Kings’ protests

    Donald Trump has promised an expanded immigration crackdown in several large Democratic-led cities as apparent vengeance for “No Kings” protests against his administration on Saturday that drew millions of people – despite questions over whether the agency in charge of the effort is set to run out of money.In new reporting on Monday, Axios claimed US Immigration and Customs Enforcement (Ice) was $1bn over budget and set to run out of money in the next one to three months.The outlet noted that Trump’s “big, beautiful bill” directed tens of billions of dollars to Ice over the next five years and suggested Trump would direct other government funds to the agency if the bill failed to pass Congress.Trump raised the specter of an expanded immigration crackdown in a lengthy Sunday night post to his Truth Social network, alleging without evidence that the cities had become the “core of the Democratic power center” by using “illegal aliens to expand their voter base”.Non-citizens are not permitted to vote in US elections – and there is no widespread evidence of them ever having done so.“ICE Officers are herewith ordered, by notice of this TRUTH, to do all in their power to achieve the very important goal of delivering the single largest Mass Deportation Program in History,” he wrote.“We must expand efforts to detain and deport Illegal Aliens in America’s largest Cities, such as Los Angeles, Chicago, and New York, where Millions upon Millions of Illegal Aliens reside.”The California city has become a flashpoint for protests against Ice raids, with Trump sending in national guard troops and US marines in an unprecedented show of force. On Saturday, it hosted one of the largest No Kings demonstrations in the country, with an estimated 200,000 in attendance, according to organisers.Trump’s stance on immigration has fluctuated wildly in recent days. Last week, his administration ordered Ice to stop workplace immigration enforcement actions unless related to criminal investigations, in the face of growing public backlash to raids perceived to harm industries with a significant proportion of immigrant labor, such as farming and tourism.“Our great Farmers and people in the Hotel and Leisure business have been stating that our very aggressive policy on immigration is taking very good, long time workers away from them, with those jobs being almost impossible to replace,” Trump wrote Thursday on Truth Social, promising that “changes are coming”.Sunday’s post, however, appeared to reverse his position again. His choice to identify only Democratic-run cities with large immigrant populations, and omit others controlled by, or leaning Republican, was notable.His use of the far-right buzzword “remigration” to describe his administration’s deportation agenda is also seen as deliberate.“Our Federal Government will continue to be focused on the REMIGRATION of Aliens to the places from where they came, and preventing the admission of ANYONE who undermines the domestic tranquility of the United States,” he wrote.Trump’s statement followed Saturday’s military parade in Washington DC, which took place ostensibly to celebrate the 250th anniversary of the US army – but which critics said was hijacked by the president on his 79th birthday as a celebration of himself.One spectator summed up the general sentiment of the parade: “just kind of … lame”.The president was already under pressure for politicizing the military, and his role as commander-in-chief, after his appearance last Tuesday at Fort Bragg, North Carolina, at an event during which a pop-up shop sold Trump merchandise to active-duty soldiers.He shredded decades of non-partisan traditions at military events by tearing into Democratic political opponents in California, including the governor, Gavin Newsom, and the Los Angeles mayor, Karen Bass, and showing that the situation there was dominating his thoughts.“They’re incompetent, and they paid troublemakers, agitators and insurrectionists,” he said.“They’re engaged in this willful attempt to nullify federal law and aid the occupation of the city by criminal invaders.”Trump’s Sunday order to Ice, and partners including the homeland security department, to step up operations comes as his immigration adviser, White House deputy chief of staff, Stephen Miller, has called for a minimum of 3,000 arrests a day.Analyst Chuck Todd, former host of NBC’s Meet the Press, said Trump was “openly admitting that he’s politicizing law enforcement”.In a post to X, Todd wrote: “This will not help Ice’s image because he’s asking them to perform a political task. Throw in the decision to shield the red states from law enforcement and he’s clearly hoping to provoke an angry response.” More

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    ‘This is the looting of America’: Trump and Co’s extraordinary conflicts of interest in his second term

    The South Lawn of the White House had never seen anything like it. The president of the United States was posing for the world’s media against a backdrop of five different models of Tesla, peddling the electric vehicles with the alacrity of a salesman on commission.“I love the product, it’s beautiful,” Donald Trump said as he sank into the driver’s seat of a scarlet Model Y. With the Tesla CEO, Elon Musk, beside him, he went on to enlighten the American people that some Tesla models retail for as little as $299 a month, “which is pretty low”.That same day, within hours of the White House’s makeover into a Tesla showroom, the New York Times revealed that Musk had decided to invest $100m in political groups working for Trump. The massive injection of capital would enhance the nearly $300m Musk had already spent getting Trump elected.A week after the commercial on the South Lawn, on 19 March, Trump’s commerce secretary, the billionaire investment banker Howard Lutnick, went on Fox News and exhorted viewers to “buy Tesla”. “Who wouldn’t invest in Elon Musk’s stock?” he gushed. “He is probably the best person to bet on I’ve ever met.”At the time Lutnick made those remarks, he had yet to divest himself from Cantor Fitzgerald, the financial services firm he had led for 35 years. He was talking up stock in which he still had a vested interest – Cantor held $300m in Tesla shares, a stake that has since soared to $555m. And the commerce secretary was also bigging up his friend Musk, whose SpaceX and Starlink businesses are regulated by the commerce department that Lutnick now controlled.Eight days in March, three friendly billionaires, one of them the world’s most powerful person, another the world’s richest person. Doing what friends do: scratching each other’s backs. Even though Musk later fell out with Trump – in a shocking social media spat that roiled US politics – the imagery remains powerful and highly symbolic of Trump’s second term in the White House.View image in fullscreenBetween them they committed in those eight days acts that, had they occurred during any previous presidency – including Trump’s own first administration – would have provoked howls of protest concerning quid pro quo. Yet those eight days represent just a tiny slice of the graft and possible misconduct that is unfolding.The gift by the Qatari government of a $400m luxury jetliner to be repurposed as Air Force One has become the paradigm of the blitz of ethical dilemmas unleashed by Trump. The Pentagon last month accepted possession of the plane, which will be transferred to Trump’s presidential library once he leaves office.That Trump doggedly accepted the Qatari “palace in the sky” despite widespread condemnation speaks volumes about how indomitable he feels at this moment. He has shrugged aside the rebukes even of devoted Trump supporters, including the rightwing commentator Ben Shapiro, who bridled at the transfer’s grubby appearance, calling it “skeezy stuff”.It also shows Trump’s disdain for the US constitution, given the emoluments clause’s clear prohibition. Presidents are not allowed to accept high-value gifts from foreign governments without congressional consent.Yet the luxury jumbo jet is also just the thinnest edge of a very fat wedge. There has been so much more that has flown, if not under the radar, then partially obscured from sight amid the ethical blizzard of corruption and influence.There have been multimillion-dollar TV packages, real estate deals in Arab petrostates, dinners with the president going for $5m a pop, plum job offers for contributors to Trump’s inaugural fund, cryptocurrency ventures attracting lucre from secret foreign investors, “drill, baby, drill” enticements for oil and energy donations – the list goes on, and on … and on.View image in fullscreenTrump and his team of billionaires have led the US on a dizzying journey into the moral twilight that has left public sector watchdogs struggling to keep up. Which is precisely the intention, said Kathleen Clark, a government ethics lawyer and law professor at Washington University in Saint Louis.“They have mastered the technique of flooding the zone – doing so much so fast that they are overwhelming the ability of ethics groups and institutions to respond.”Chris Murphy, the Democratic US senator from Connecticut, has delivered two long speeches on the floor of his chamber in which he has itemised Trump and Co’s most controversial transactions. The record already stretches to scores of entries, chronicling what Murphy calls Trump’s “efforts to steal from the American people to enrich himself and his friends”.In an interview with the Guardian, the senator said that Trump’s was a “pay-for-play administration. That’s the underlying theme. You pay Donald Trump money, he does favors for you. That’s old-fashioned corruption.”Clark’s analysis is even more pointed. “People talk about ‘guardrails’ and ‘norms’ and ‘conflict of interest’, which is all very relevant,” she said. “But this is theft and destruction. This is the looting of America.”Trump signaled that he would be a president like no other at the start of his first term, when he became the only occupant of the Oval Office in modern times to refuse to divest his assets by putting them into a blind trust. Though presidents are not bound by conflict of interest laws applying to other elected officials, the norm has been for incumbents to set themselves high standards, the archetype being Jimmy Carter’s sale of his peanut farm.Trump, by contrast, put his assets in a trust that remained under the control of his family, with him as its sole beneficiary. He incurred numerous accusations of first-term conflicts of interest, as foreign officials from 20 countries descended on his hotels, while Secret Service agents in Trump’s security detail were made to pay premium rates, pouring at least $10m into his bank account.Such unprecedented disregard for time-honored ethical boundaries was shocking at the time. Now it looks merely quaint.“In the first Trump administration there were ethical lapses,” said Danielle Caputo, senior legal counsel for ethics at the Campaign Legal Center watchdog organization. “With this new administration, there’s not just a disregard for ethics rules, there’s contempt.”The conversion of political power into cash began even before Trump re-entered the White House. Weeks before the inauguration, Melania Trump sealed a $40m deal with Jeff Bezos for an Amazon Prime “behind-the-scenes” documentary on her life.Trump banked millions of dollars of his own by leveraging his status as president-elect to browbeat tech companies. He settled disputes over the freezing of his then Twitter and Facebook accounts in the wake of the 6 January 2021 insurrection at the US Capitol, prising $10m out of his friend Musk, and $25m from Meta.View image in fullscreenTrump used the months leading up to November’s election to test-run what, as Murphy noted, has become a theme of his second presidency – pay-to-play. He invited oil executives to Mar-a-Lago and, as the Washington Post revealed, offered them a “deal” in which they would donate $1bn to his campaign and in return he would tear up profit-limiting environmental regulations once he was back in the White House.He kept his promise: on day one of his new administration he discharged a barrage of pro-fossil fuel actions.Donors to his record-breaking $239m inaugural fund have also found Trump to be a grateful benefactor. Warren Stephens, an investment banker who gave $4m, was rewarded with the role of US ambassador to the UK; Jared Issacman, a billionaire pilot and close associate of Musk’s, gave $2m to the fund and was tapped to lead Nasa (he was abruptly yanked from the appointment last month after he was reportedly discovered to have been been donating to Democrats).The pattern has continued into 1600 Pennsylvania Avenue. Three months into the administration, Trump’s eldest son, Don Jr, launched an elite private members’ club named Executive Branch which commands a sign-in fee of a cool $500,000.Its attraction? Access to cabinet members and top Trump advisers.Not to be outdone by his own son, Trump himself has followed the same playbook at his Mar-a-Lago resort. In March, he began inviting business leaders to dine with him in group settings at $1m a seat.Prefer something more intimate? No problem. One-on-one meetings are also available, yours for $5m.For a seasoned observer such as Norman Eisen of the Brookings Institution, the sheer mass of problematic transactions puts the administration beyond the pale. “It’s over the line, unlawful, corrupt and unethical. It is un-American.”Eisen has experience dealing with knotty ethical issues. He was special counsel for ethics during Barack Obama’s first year in the White House.Obama notes in his autobiography, A Promised Land, that Eisen earned himself the title of Dr No, so strict was his approach to conflicts of interest. He would tell White House officials hoping to attend outside events that “if it sounds fun, you can’t go”.View image in fullscreenEisen told the Guardian that he prevented Obama from refinancing his family home in Chicago. “He was regulating the banking industry at the time, in the midst of the Great Recession.”The contrast between such almost pedantic strictures and the free-for-all in today’s White House astonishes and dismays Eisen. “If my somewhat tongue in cheek motto for Obama was ‘If it’s fun, you can’t do it,’ then the motto of the Trump White House seems to be ‘If you can make a buck, grab it.’”Exhibit one of such conduct, Eisen suggests, is the Trump family’s dive into the world of crypto. Shortly before the inauguration, they launched personal lines of meme coins, $Trump and $Melania.Then they issued a new cryptocurrency pegged to the dollar, known as a stablecoin. Taken together, Eisen believes that the two crypto ventures from the family of a sitting president amount to “one of the worst and most shocking conflicts of interest in our nation’s history”.Trump bragged on the campaign trail that he would turn the US into the “crypto capital of the planet”. He was more circumspect in front of his faithful followers about the big plans his sons were simultaneously developing to cash in on the currency.Since his election victory, Trump has used his presidential status and executive power to boost not only the general standing of crypto but also his personal stake within it. One of his early executive orders created a “strategic bitcoin reserve” designed to bolster the industry.At the same time, he eviscerated basic regulatory controls, halted federal crypto-related lawsuits and disbanded a taskforce trained to hunt down crypto criminals. “We have a president whose net worth now includes very substantial investments in cryptocurrency who at the same time is loosening regulations on the crypto industry,” Eisen said.The unrivalled magnetism of the US presidency helped Trump to blast his nascent meme coin, a currency almost entirely reliant on hype, into the stratosphere. It rocketed from $6.50 on inauguration day to a peak of $73.Then, when it predictably plummeted back down to below $10, he used his presidential allure brazenly once again to boost the coin. This time he announced a “private intimate dinner” for the top 220 $Trump investors, followed by an exclusive White House tour for the top 25.The ensuing scramble for a seat at the presidential dining table reportedly earned the Trump family $148m.The $Trump meme coin is an ethics regulator’s waking nightmare. There is little transparency around who is channelling money into it, and even less around the potentially nefarious motives of investors.The same might be said about the Trumps’ other big crypto venture, World Liberty Financial, which was launched last September by Trump’s sons. The president himself is listed by the company as its “chief crypto advocate”.skip past newsletter promotionafter newsletter promotionFederal law sets tight rules against foreign parties donating to presidential campaign or inaugural funds. Yet there is nothing to prevent outside interests with connections to foreign governments engaging with World Liberty and its new product, the USD1 stablecoin.One of its biggest backers is the Chinese-born crypto billionaire Justin Sun (best known for paying $6.2m at a New York art sale for a banana taped to a wall, then eating it). Before the inauguration, Sun pumped $75m into World Liberty. A few weeks later, the Securities and Exchange Commission paused an investigation into him for alleged securities fraud.View image in fullscreenUSD1 is currently valued at $2.3bn, the lion’s share of which comes from a $2bn transaction by MGX, a firm which happens to be chaired by the intelligence chief of the United Arab Emirates. That a company with ties to the government of an Arab petrostate should be able to make such a giant investment in a crypto venture generating profit for the sitting US president and his family goes against the grain of decades of robust accountability work countering conflicts of interest.“We’ve been pretty successful in this country rooting out corruption, or at least pushing it into the shadows,” Murphy, the US senator, told the Guardian. “Now it happens out in the open.”And it doesn’t stop there. Over the past few months Trump’s second son, Eric, has been frenetically traveling the globe in search of real estate deals, throwing to the winds the pledge Trump made in his first administration to eschew any foreign business transactions.In his second administration, Trump has made no such promise. All he has conceded this time, in a document released by his lawyers in January, is that the Trump Organization will avoid cutting business deals with foreign governments.Even that boundary has been pushed close to breaking point. Eric Trump sealed his first deal since Trump re-entered the White House in April.It involves the construction of the Trump International Golf Club & Villas outside the Qatari capital, Doha, as part of a $5bn luxury beachside resort. The company managing the development, Qatari Diar, is owned by the sovereign wealth fund of the Qatari government.Two weeks after the Trump Organization announced the deal, the president himself arrived in Doha as part of his three-country tour of the Middle East. He declared the trip a huge success, having drummed up trillions of dollars of business and investments for the US.The Guardian invited the White House to comment on complaints that the president has blurred his public duties with his family’s personal profit-making activities to a degree never before seen in the US. A White House spokesperson replied with a statement which they asked us to print in its entirety, so here goes:“There are no conflicts of interest. President Trump’s assets are in a trust managed by his children. It is shameful that the Guardian is ignoring the GOOD deals President Trump has secured for the American people, not for himself, to push a false narrative. President Trump only acts in the best interests of the American public – which is why they overwhelmingly re-elected him to this office, despite years of lies and false accusations against him and his businesses from the fake news media.”The argument that there is no conflict of interest because Trump’s business is handled by his children, specifically his sons – Don Jr leading on crypto and his social media empire, Eric on real estate – is an interesting one. Sons seem to be de rigueur, to the extent that members of Trump’s inner circle who lack them might feel the need to borrow one.View image in fullscreenTake other key figures in Trump’s cabinet, which is packed with so many banking and energy billionaires that it ranks as the richest presidential cabinet in modern history. Lutnick, the commerce secretary, who has a personal fortune of about $2.2bn, has been involved in various accusations of conflict of interest since he encouraged Fox News viewers to “buy Tesla”.At the start of this year Cantor Fitzgerald, the Wall Street firm Lutnick led for almost four decades, increased its investment in Strategy, the biggest corporate holder of bitcoin in the world. Cantor’s stake rose by several hundred million dollars to $1.3bn, research by the watchdog Accountable.US has found.At the same time, Lutnick was actively helping Trump create his strategic bitcoin reserve, a move that greatly strengthened the cryptocurrency.Last month, Lutnick divested himself of his Cantor stake, but he did so by transferring his ownership to his two sons. Cantor is now controlled by Brandon Lutnick, 27, and Kyle Lutnick, 28.Or take Robert F Kennedy Jr, the vaccine-skeptic health secretary. Under intense pressure from Democratic senators, he agreed to divest his 10% stake in any payout from an ongoing lawsuit in which he is engaged against Merck over its HPV vaccine, Gardasil.Government officials are not allowed under federal law to participate personally in official matters in which they have a financial interest. So what did Kennedy do? He transferred his stake in the case to one of his adult sons.And then there’s Mehmet Oz, the multimillionaire physician better known by his TV name, Dr Oz, whom Trump put in charge of Medicare and Medicaid. As the Washington Post has reported, Oz co-founded a health benefits company, ZorroRX, that helps hospitals save on prescription drugs.This would have been an indisputable conflict of interest, because in his job as head of the Centers for Medicare and Medicaid Services, Oz wields huge sway over hospital drug policies, and thus ZorroRX profits. Since taking up the position Oz, whose wealth is put at up to $300m, has divested himself of some of his investment portfolio and is no longer mentioned on ZorroRX’s website.View image in fullscreenHis fellow co-founder of ZorroRX, however, is still listed as the firm’s head of medical affairs. That’s his son, Oliver Oz.Under federal conflict of interest law, there is no prohibition on adult children managing the interests of parents who hold public office. Yet the spirit of the law does force us to reflect on why so many Trump administration leaders are so fond of handing sensitive money-making portfolios to their sons.“By giving over to your son, you are immediately raising questions about how separate you are going to be from the success of this business,” said Caputo of the Campaign Legal Center. “Will you be focused on what’s best for the public, or will you be guided in your decision-making by what would most benefit your family?”In the last analysis, what matters most perhaps about the financial dealings of the Trump administration is what impact they are having on the American people. In particular, what is it doing to the 77 million voters who put their trust in Trump and sent him back to the Oval Office?Trump returned to the White House partly on his promise to working-class Americans that he would “drain the swamp”, liberating Washington from the bloodsucking of special interests. Yet a review by the Campaign Legal Center found that Trump nominated at least 21 former lobbyists to top positions in his new administration, many of whom are now regulating the very industries on whose behalf they recently advocated.Eight of them, the Campaign Legal Center concluded, would have been banned or restricted in their roles under all previous modern presidencies, including Trump’s own first administration.They include Pam Bondi, the US attorney general. She approved the gift of the Qatari luxury jetliner as “legally permissible”, having herself worked as a lobbyist for Qatar.Trump’s other great pledge was that he would put the wellbeing of “forgotten” working people before that of the vested elites. His appeal was pitched at the millions of rural and working-class Americans who have languished from mounting income inequality, the decline of manufacturing jobs in the globalised economy, and what he claimed was the negative effects of millions of undocumented immigrants.Evan Feinman has witnessed personally and up close how this promise has fared in Trump 2.0. For the past three years, Feinman was busy leading a $42.5bn program created by Congress to bring affordable high-speed internet to every American home and business that needed it.The project was vast and ambitious, on a par with the rural electrification drive that transformed the heartlands of America in the 1930s. Located within the US commerce department, its success is critical to the future prosperity of millions of Americans, especially those in hard-bitten rural areas of the sort that solidly backed Trump in the last election.Studies have shown that giving families access to the internet improves the grades of school students, increases college enrolment and reduces the likelihood of households falling into debt. It also helps older Americans stay in their own homes and avoid residential care.By the inauguration, the broadband project was well under way, with several states only weeks away from breaking ground and laying the cables. Then Lutnick took over the reins of the commerce department.Within a days of his confirmation, Lutnick met with senior managers and informed them he wanted to scale back on the use of fibre optic and switch to satellite. According to an account of the meeting that was given to Feinman by someone present, Lutnick specifically inquired after his friend Musk, the CEO of Starlink, which provides internet services through low-Earth orbit satellites.View image in fullscreenDays after that, Feinman was told he was being let go. His contract was up for renewal, and it wasn’t being extended.“I was dismayed,” Feinman told the Guardian, insisting that his distress was not so much related to his own dismissal but out of concern for the Americans who would be harmed by the shift. By his reckoning, satellite internet would not only be slower than broadband, it would also be much more expensive – costing users an extra $840 a year in fees.“For Americans in rural locations, that’s going to really hurt. Many of the president’s strongest supporters – up to hundreds of thousands of families who voted for Trump – are going to see slower, more expensive internet services, and all to the benefit of the wealthiest man on earth.”According to some estimates, Musk’s Starlink stands to make $10bn to $20bn should the shift from broadband to satellite internet go ahead.The episode has left Feinman “deeply saddened. I see my nation harming itself in ways that are inexplicable and entirely avoidable.”He fears for rural Americans who will pay the price. “These are communities who put their trust in this administration. They are going to find that their trust has not been honored, and it will be to their significant future detriment.” More

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    Violence is coming to define American political life | Stephen Marche

    America reached its apex of self-parody shortly after 7pm on 14 June 2025. In that moment, the background band at Donald Trump’s military parade segued from Jump by Van Halen to Fortunate Son by Creedence Clearwater Revival, just after the announcer explained that M777 howitzers are made out of titanium.Nobody, apparently, had considered the lyrics: “Some folks are born, made to wave the flag, they’re red, white and blue, and when the band plays Hail to the Chief, they point the cannon at you.” If this was some kind of surreptitious protest by the musicians, I salute them, but given the time and the place, sheer obliviousness is a better explanation. The crowd, pretty thin, did their best imitation of a cheer.The US clearly does not know how to do an authoritarian military parade. To be fair, they are just getting started. Authoritarian military parades are supposed to project invincible strength. They are supposed to make your own people impressed with the inhuman discipline of your troops, and to strike fear into your enemies at the capacity of your organization. In Trump’s parade, the soldiers resembled children forced to participate in a half-assed school play, trying to figure out how to avoid embarrassment as far as possible, and the military itself looked better suited to running a Kid Rock tour than a country’s defence.But do not confuse Trump’s debased parade with a joke or an innocent piece of entertainment. The Trump parade took place in the immediate aftermath of the assassination of Melissa Hortman, a Minnesota state representative. While it was under way, security forces were firing teargas on protesters in Los Angeles.Violence is coming to define American political life – spectacular violence including the parade and real violence like the assassination of Hortman. Political destabilization is arriving far too quickly to be perceived in its entirety. So much is happening so fast that it’s impossible to keep track of the decline. Increasingly, the question is becoming: when are we going to start calling this what it is?When I published my book The Next Civil War in 2022, the US was very far from the threshold of what the experts at the Peace Research Institute Oslo defined as civil war, which is 1,000 combatant deaths a year. They defined civil conflict as a 1,000 combatant deaths a year, so the US already fits comfortably in that category. But the definitions of war and conflict never applied perfectly to the American reality, because it is so much bigger and so much more geographically diverse than other countries. As we start to see violence overtaking American political life, the transition is more like a sunset than a light switch. Every day violence becomes more and more settled as the means of US politics.The parade, and the “No Kings” counter-protests, were both distractions from the fact that American political life is moving away from discourse altogether. Don’t like what the senators of the other party are saying? Handcuff them. Don’t like protestors? Send in the marines. Don’t like the makeup of the House of Representatives in Minnesota? Kill the top Democrat. The political purpose of the parade, from Trump’s point of view, was to demonstrate his mastery of the means of violence. He needed to show, to the military and to the American people both, that he can make the army do what he tells it, and established traditions and the rule of law will not alter his will.But the primary effect of the parade was to demonstrate an immense weakness, in Trump and in the American people. It was a parade reminiscent of the most vacuous regimes in history. In 1977, Jean-Bédel Bokassa, the leader of the Central African Republic, declared himself emperor and indulged in a coronation that imitated the coronation of Napoleon I in immaculate detail. He even went so far as to use eight white Norman horses to pull the carriage, but the French horses were not used to the climate and several died. Trump’s parade felt like a lazier version of that.The spectre of defeat hovered over the entire celebration of supposed strength. The last time the US military threw a parade was 1991, which was the last time they triumphed over an opponent, the last time their war machine produced the results they had been attempting. The US has not won a war since then. But hey, if you can’t win a war, at least you can throw a parade.Except they couldn’t even throw a parade! The end of the show was almost too perfect. A frail Lee Greenwood, a country singer long past his “best before” date, sang God Bless America raggedly, lousily. “Our flag still stands for freedom,” he sang. “They can’t take that away.” O can’t they? Trump at the center fidgeted like a rich kid bored with his servants and toys. The whole business was like watching some sordid fairy tale: the unloved boy who everybody hated grew up to force the American people to throw him a birthday party and give him a flag. And then almost nobody came.What’s true of men is also true of countries: the more they need to show off how strong they are, the weaker they are. The weakness, rather than the strength, is terrifying. Whoever is so scared and so needy as to need that parade is capable of anything. That goes for Trump, and that goes for his country.

    Stephen Marche is the author of The Next Civil War More

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    Trump’s ‘revenge tax’ could threaten foreign investment into US, analysts say

    Foreign investment into the US could be threatened by Donald Trump’s new “revenge” taxes, analysts have warned.A provision within the president’s One Big Beautiful Bill Act will allow the US to apply higher taxes on foreign individuals, businesses and investors connected to jurisdictions that impose “unfair foreign taxes” on US individuals and companies.Companies listed on the London Stock Exchange could choose to avoid the measure by redomiciling in New York.Section 899, as it is called, classes digital service taxes and “diverted profits taxes” as unfair, along with any taxes that target US entities. It would allow US authorities to impose an additional tax starting at 5% and increasing by five percentage points annually, up to 20%.Max Yoeli, a senior research fellow in the US and the Americas programme at Chatham House, says section 899 “threatens to further alienate foreign investors”.It could chill investment into the US by calling into question its “fundamental openness”, he added.The Italian bank UniCredit agrees that section 899 could further damage foreign investor sentiment towards US dollar-denominated assets. It could backfire on the US, it says, given the large amount of domestic assets held by foreigners.“The list of countries that would fall into this category is long and encompasses most European countries, including Italy and Germany,” UniCredit told clients, saying that foreign investors had more than doubled their holdings of US assets over the past decade.“Not only would this additional tax serve to finance corporate tax reductions, but it would also likely be used as a negotiating tool for the US in trade deals, especially as Republicans seem willing to withdraw from the global minimum tax framework.”View image in fullscreenUniCredit also fears the dollar’s safe haven status could be undermined if there are fresh tax disputes between the US and other countries.The One Big Beautiful Bill Act was passed by the US House of Representatives last month. The Senate is yet to approve the bill, with the White House setting a deadline of 4 July.George Saravelos, the global head of FX research at Deutsche Bank, warned last month that section 899 could allow the US administration to transform its trade war into a capital war by “explicitly using taxation on foreign holdings of US assets as leverage to further US economic goals”.UK companies could certainly fall foul of section 899, as Britain operates a digital services tax aimed at tech multinationals, and a diverted profits tax designed to clamp down on tax avoidance by multinationals.skip past newsletter promotionafter newsletter promotionGoldman Sachs has calculated that UK corporates are “particularly exposed” to section 899, as roughly 30% of the revenues of companies listed on the FTSE 100 are generated in the US.However, as companies that are majority-owned by US shareholders are exempt, City bosses may consider moving their stock market listing to New York, to dodge section 899.“This ownership dynamic not only mitigates tax risk but also reinforces the strategic case for relisting in the US, where investor bases are deeper and more aligned with US revenue exposure,” the Goldman Sachs analysts said.According to Goldman, the large UK companies with the most significant exposure to the US, and who are not majority-owned by US investors, are the media group Pearson, the business services group Experian, the pest control business Rentokil and the pharmaceuticals manufacturer Hikma.Ashtead Group, Compass and Melrose also generate a large proportion of their sales stateside, but as they have majority US ownership they should be exempt from section 899.French companies could also be at risk, as Paris operates a digital services tax on the revenues that large tech companies generate in France. More

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    Why a professor of fascism left the US: ‘The lesson of 1933 is – you get out’

    She finds the whole idea absurd. To Prof Marci Shore, the notion that the Guardian, or anyone else, should want to interview her about the future of the US is ridiculous. She’s an academic specialising in the history and culture of eastern Europe and describes herself as a “Slavicist”, yet here she is, suddenly besieged by international journalists keen to ask about the country in which she insists she has no expertise: her own. “It’s kind of baffling,” she says.In fact, the explanation is simple enough. Last month, Shore, together with her husband and fellow scholar of European history, Timothy Snyder, and the academic Jason Stanley, made news around the world when they announced that they were moving from Yale University in the US to the University of Toronto in Canada. It was not the move itself so much as their motive that garnered attention. As the headline of a short video op-ed the trio made for the New York Times put it, “We Study Fascism, and We’re Leaving the US”.Starkly, Shore invoked the ultimate warning from history. “The lesson of 1933 is: you get out sooner rather than later.” She seemed to be saying that what had happened then, in Germany, could happen now, in Donald Trump’s America – and that anyone tempted to accuse her of hyperbole or alarmism was making a mistake. “My colleagues and friends, they were walking around and saying, ‘We have checks and balances. So let’s inhale, checks and balances, exhale, checks and balances.’ I thought, my God, we’re like people on the Titanic saying, ‘Our ship can’t sink. We’ve got the best ship. We’ve got the strongest ship. We’ve got the biggest ship.’ And what you know as a historian is that there is no such thing as a ship that can’t sink.”Since Shore, Snyder and Stanley announced their plans, the empirical evidence has rather moved in their favour. Whether it was the sight of tanks transported into Washington DC ahead of the military parade that marked Trump’s birthday last Saturday or the deployment of the national guard to crush protests in Los Angeles, alongside marines readied for the same task, recent days have brought the kind of developments that could serve as a dramatist’s shorthand for the slide towards fascism.View image in fullscreen“It’s all almost too stereotypical,” Shore reflects. “A 1930s-style military parade as a performative assertion of the Führerprinzip,” she says, referring to the doctrine established by Adolf Hitler, locating all power in the dictator. “As for Los Angeles, my historian’s intuition is that sending in the national guard is a provocation that will be used to foment violence and justify martial law. The Russian word of the day here could be provokatsiia.”That response captures the double lens through which Shore sees the Trump phenomenon, informed by both the Third Reich and the “neo-totalitarianism” exhibited most clearly in the Russia of Vladimir Putin. We speak as Shore is trying to do her day job, having touched down in Warsaw en route to Kyiv, with Poland and Ukraine long a focus of her studies. Via Zoom from a hotel lobby, she peppers our conversation with terms drawn from a Russian political lexicon that suddenly fits a US president.“The unabashed narcissism, this Nero-like level of narcissism and this lack of apology … in Russian, it’s obnazhenie; ‘laying bare’.” It’s an approach to politics “in which all of the ugliness is right on the surface,” not concealed in any way. “And that’s its own kind of strategy. You just lay everything out there.”She fears that the sheer shamelessness of Trump has “really disempowered the opposition, because our impulse is to keep looking for the thing that’s hidden and expose it, and we think that’s going to be what makes the system unravel.” But the problem is not what’s hidden, it’s “what we’ve normalised – because the whole strategy is to throw it all in your face.”None of this has been an overnight realisation for Shore. It had been building for years, with origins that predate Trump. Now 53, she had spent most of her 20s focused on eastern Europe, barely paying attention to US politics, when the deadlocked presidential election of 2000 and the aborted Florida recount fiasco made her realise that “we didn’t really know how to count votes”. Next she was wondering: “Why exactly were we going to war in Iraq?” But the moment her academic work began to shed an uncomfortable light on the American present came in the presidential race of 2008.View image in fullscreen“When John McCain chose Sarah Palin, I felt like she was a character right out of the 1930s.” The Republican vice-presidential candidate lived, Shore thought, “in a totally fictitious world … not constrained by empirical reality.” Someone like that, Shore believed, could really rile up a mob.And then came Trump.Once again, it was the lack of truthfulness that terrified her. “Without a distinction between truth and lies, there is no grounding for a distinction between good and evil,” she says. Lying is essential to totalitarianism; she understood that from her scholarly research. But while Hitler and Stalin’s lies were in the service of some vast “eschatological vision”, the post-truth dishonesty of a Trump or Putin struck her as different. The only relevant criterion for each man is whether this or that act is “advantageous or disadvantageous to him at any given moment. It’s pure, naked transaction.”When Trump was elected in 2016, Shore found herself “lying on the floor of my office, throwing up into a plastic bag. I felt like this was the end of the world. I felt like something had happened that was just catastrophic on a world historical scale, that was never going to be OK.”Did she consider leaving the US then? She did, not least because both she and her husband had received offers to teach in Geneva. “We tore our hair out debating it.” Snyder’s instinct was to stay and fight: he’s a “committed patriot”, she says. Besides, their children were younger; there was their schooling to think about. So they stayed at Yale. “These things are so contingent; you can’t do a control study on real life.”But when Trump won again last November, there was no doubt in her mind. However bad things had looked in 2016, now was worse. “So much had been dismantled … the guardrails, or the checks and balances, had systematically been taken down. The supreme court’s ruling on immunity; the failure to hold Trump accountable for anything, including the fact that he incited, you know, a violent insurrection on the Capitol, that he encouraged a mob that threatened to hang his vice-president, that he called up the Georgia secretary of state and asked him to find votes. I felt like we were in much more dangerous territory.”View image in fullscreenEvents so far have vindicated those fears. The deportations; students disappeared off the streets, one famously caught on video as she was bundled into an unmarked car by masked immigration agents; the humiliation of Volodymyr Zelenskyy, as Trump and JD Vance ordered the Ukrainian president to express his gratitude to them, even as they were “abusing” him, an episode, says Shore, “right out of Stalinism” – to say nothing of Trump’s regular attacks on “USA-hating judges” who rule against the executive branch. It adds up to a playbook that is all too familiar. “Dark fantasies are coming true.”She readily admits that her reaction to these events is not wholly or coldly analytical. It’s more personal than that. “I’m a neurotic catastrophist,” she says. “I feel like we could just subtitle [this period] ‘the vindication of the neurotic catastrophist’. I mean, I’ve been anxious and neurotic since birth.” She draws the contrast with her husband: “Tim is not an anxious person by nature, and that is just hardwired.”She’s referring in part to their different backgrounds. Snyder is a child of Quakers; Shore is Jewish, raised in Allentown, eastern Pennsylvania. Her father was a doctor and her mother “a doctor’s wife” who was later a preschool teacher. Shore grew up in a community with Holocaust survivors. “I do think there’s something about having heard stories of the Holocaust at a young age that was formative. If you hear these stories – people narrating what they went through in Auschwitz, even if they’re narrating it for eight, nine or 10-year-olds – it impresses itself on your consciousness. Once you know it’s possible, you just can’t unknow that.”How bad does she think it could get? Matter-of-factly, she says: “My fear is we’re headed to civil war.” She restates a basic truth about the US. “There’s a lot of guns. There’s a lot of gun violence. There’s a habituation to violence that’s very American, that Europeans don’t understand.” Her worry is that the guns are accompanied by a new “permissiveness” that comes from the top, that was typified by Trump’s indulgence of the January 6 rioters, even those who wanted to murder his vice-president. As she puts it: “You can feel that brewing.”She also worries that instead of fighting back, “people become atomised. The arbitrariness of terror atomises people. You know, people put their heads down, they go quiet, they get in line, if only for the very reasonable, rational reason that any individual acting rationally has a reason to think that the personal cost of refusing to make a compromise is going to be greater than the social benefit of their one act of resistance. So you get a classic collective action problem.”View image in fullscreenLater she speaks of the beauty of solidarity, those fleeting moments when societies come together, often to expel a tyrant. She recalls the trade union Solidarity in communist-era Poland and the Maidan revolution in Ukraine. By leaving America – and Americans – in their hour of need, is she not betraying the very solidarity she reveres?“I feel incredibly guilty about that,” she sighs. All the more so when she sees the criticism directed at her husband. They were on sabbatical together in Canada when Trump won the 2024 election, but “had he been alone, he would have gone back to fight … That’s his personality. But he wouldn’t have done that to me and the kids.” To those minded to hurl accusations of betrayal and cowardice, she says: “Direct them all to me. I’m the coward. I take full blame for that.” It was she, not Snyder, who decided that “no, I’m not bringing my kids back to this”.I linger on that word “coward”. It goes to one of the fears that led to Shore’s decision. She does not doubt her own intellectual courage, her willingness to say or write what she believes, regardless of the consequences. But, she says, “I’ve never trusted myself to be physically courageous.” She worries that she is, in fact, “a physical coward”.She began to wonder: what would I do if someone came to take my students away? “If you’re in a classroom, you know your job is to look out for your students.” But could she do it? Many of her students are from overseas. “What am I going to do if masked guys in balaclavas come and try to take this person away? Would I be brave? Would I try to pull them away? Would I try to pull the mask off? Would I scream? Would I cry? Would I run away?” She didn’t trust herself to do what would need to be done.So now she is in what she calls “a luxurious position”: at a university across the border, safely out of reach of both Trump’s threats to cut funding and the ICE officials currently striking terror into the hearts of international students and others. As a result, she feels “more obligated to speak out … on behalf of my colleagues and on behalf of other Americans who are at risk”.At one point in our conversation, we talk about those US citizens who put Trump back in the White House, even though, as she puts it, they knew who he was. “Nothing was hidden. People had plenty of time to think about it, and they chose this. And that disgust, I couldn’t shake that. I thought: ‘People wanted this – and I don’t want to have anything to do with this.’”Does that mean she will never return to the US? “I would never say, ‘I would never go back.’ I always feel that what history teaches you is not what will happen, but what can happen. The possibilities are generally much more capacious than anyone is expecting at that moment.”Contained in that remark is, if not optimism, then at least the possibility of it. And, right now, that might be as much as we can ask for. More

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    Trump news at a glance: President says of Israel-Iran conflict ‘sometimes they have to fight it out’ as G7 leaders gather

    As heavy exchanges of missile fire continue and the death toll mounts on both sides, European leaders want to pin down Donald Trump on his Iran strategy – including getting a definitive response on whether he will use his influence over Israel’s prime minister, Benjamin Netanyahu, to have the warring parties call a ceasefire or instead let them continue fighting.Predicting “peace soon” between Israel and Iran, Trump appeared to have learned little from his 2024 election boast that he could stop the Russia-Ukraine war in “24 hours”. If Israel and Iran can be convinced to call a ceasefire, it might allow the rescheduling of US talks with Iran on its civil nuclear programme that had been set for Sunday but were cancelled after Israel launched its assault on Thursday night.Before leaving for the G7 summit in Canada on Sunday, Trump was asked what he was doing to de-escalate the situation. “I hope there’s going to be a deal. I think it’s time for a deal,” he told reporters, adding “sometimes they have to fight it out.”European leaders to press Trump on Israel-Iran strategy at G7 meetingEuropean leaders gathering for a G7 summit with Donald Trump in the Canadian Rockies plan to spend the opening day asking him to justify his confidence and largely unsubstantiated remarks that Israel and Iran will make a deal that will mean “peace soon”.The president has boasted that “we can easily get a deal done between Iran and Israel, and end this bloody conflict”.Read the full storyTrump vetoed Israeli plan to kill Iran’s supreme leader – reportDonald Trump vetoed an Israeli plan in recent days to kill Iran’s supreme leader Ayatollah Ali Khamenei, two anonymous US officials told Reuters on Sunday.Read the full storyMacron criticises Trump’s threats to take over Greenland during visitEmmanuel Macron criticised Donald Trump’s threats to take over Greenland as he became the first foreign head of state to visit the vast, mineral-rich Arctic territory since the US president began making explicit threats to annex it.“I don’t think that’s what allies do,” Macron said as he arrived in the Danish autonomous territory for a highly symbolic visit aimed at conveying “France’s and the EU’s solidarity” with Greenland on his way to the G7 in Canada.Read the full story‘No Kings’ demonstrator dies after being shot at Utah protest, police sayA demonstrator died after being shot on Saturday during Salt Lake City’s “No Kings” protest, Utah police said. Arthur Folasa Ah Loo, 39, was apparently shot by a man who was part of the event’s peacekeeping team.Brian Redd, the Salt Lake City police chief, called the victim “an innocent bystander participating in the demonstration.”Read the full storySuspect in shootings of Minnesota lawmakers apprehended – reportsThe man suspected of opening fire on two Minnesota legislators and their spouses on 14 June, killing one legislator and her husband, was apprehended late on Sunday night, officials told the Associated Press and New York Times.Vance Boelter, 57, stands accused of fatally shooting the Democratic state representative Melissa Hortman and her husband, Mark, at their residence. Boelter is also suspected of shooting the state senator John Hoffman and his wife, Yvette, at their home, seriously injuring them.Read the full storyWhat else happened today:

    Donald Trump’s army parade was neither the totalitarian North Korean spectacle that critics had grimly predicted, nor the triumph of Maga nationalism fans craved, J Oliver Conroy writes.

    Trump has absorbed the accusations of authoritarianism for usurping the powers of California’s government by deploying the national guard and marines in Los Angeles – but Stephen Miller – the modestly titled White House deputy chief of staff – may have been the true catalyst for those volatile scenes.

    The administration’s cuts to scientific research and attacks on higher education have soured the US as an academic sowing ground – and as a direct consequence the best and brightest minds are leaving to carve out a career overseas.
    Catching up? Here’s what happened on 14 June. More

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    Trump vetoed Israeli plan to kill Iran’s supreme leader – report

    President Donald Trump vetoed an Israeli plan in recent days to kill Iran’s supreme leader Ayatollah Ali Khamenei, two US officials told Reuters on Sunday.“Have the Iranians killed an American yet? No. Until they do we’re not even talking about going after the political leadership,” said one of the sources, a senior US administration official.The officials, speaking on condition of anonymity, said top US officials have been in constant communications with Israeli officials in the days since Israel launched a massive attack on Iran in a bid to halt its nuclear program.They said the Israelis reported that they had an opportunity to kill the top Iranian leader, but Trump waved them off of the plan.The officials would not say whether Trump himself delivered the message. But Trump has been in frequent communications with Israeli Prime Minister Benjamin Netanyahu.When asked about Reuters report, Netanyahu, in an interview on Sunday with Fox News Channel’s Special Report With Bret Baier, said: “There’s so many false reports of conversations that never happened, and I’m not going to get into that.”“But I can tell you, I think that we do what we need to do, we’ll do what we need to do. And I think the United States knows what is good for the United States,” Netanyahu said.Trump has been holding out hope for a resumption of US-Iranian negotiations over Tehran’s nuclear program. Talks that had been scheduled for Sunday in Oman were canceled as a result of the strikes.Trump told Reuters on Friday that “we knew everything” about the Israeli strikes. More

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    Trump coveted a military spectacle but his parade proved underwhelming: ‘Just kind of lame’

    On Saturday, as a crowd of thousands of people near the Washington Monument listened, a loudspeaker dramatically announced the names of America’s secretary of defense, vice-president and president. The final name received a modest roar that surely flushed the watching commander-in-chief with validation. With that, and with the boom of a 21-gun salute, the military parade that Donald Trump had coveted for years finally began.A protester, Nicky Sundt, kept a lonely and mostly silent vigil at the side of the road. She held a sign depicting a cartoon Trump brushing back his comb-over to reveal a swastika emblazoned on his forehead. The placard said “Save our democracy”. Standing near her – as a “counterprotest to the counterprotest to the protest, or something,” as one of them put it – a group of pro-Trump men held court. One was draped in an American flag. Another had a giant picture of Trump, in a crown, with the exhortation “Trump for king”.For the next couple of hours, in heat and occasional drizzle, spectators watched as the US army celebrated its 250th birthday – and, although he claims it is a coincidence, Trump’s 79th – with America’s largest and most controversial military parade in decades. Troops marched. Tanks and armored personnel carriers rolled. Helicopters clattered. Paratroopers plunged out of the overcast sky.Yet, for all of it, the parade was somehow neither the totalitarian North Korean spectacle that critics had grimly predicted, nor the triumph of Maga nationalism that Trump’s most diehard fans craved. It was just a parade – and a parade that was, for all its millions of dollars spent, controversy engendered, and exhausting security precautions, a little underwhelming.Since his first term, when he saw and was deeply impressed by a Bastille Day parade in Paris, Trump made no secret of his desire to hold a grand military review of his own. Military leaders, cognizant of the high costs and reputational issues of the idea, have in the past been resistant. Now, no longer.The event was not without problems, however. For one, the weather kept threatening to literally rain on the parade. For another, recent news developments have both distracted the world’s attention from the parade and cast an ugly pall on it.In California, national guardsmen and US marines have been deployed against the will of state authorities after Ice deportation raids have sparked widespread protests. In the Middle East, Israel’s attack on Iran has led to deadly retaliation. And early Saturday morning, an assassin impersonating a police officer shot two Democratic lawmakers and their families at their homes in Minnesota, killing a state representative and her husband and wounding a state senator and his wife.Trump’s plans for a military parade also sparked protests in many cities, including in Washington DC, where a few hundred gathered to chant, “Deportations, we say no / Now’s the time for Trump to go / Ice Gestapo, we say no / Now’s the time for Trump to go…”View image in fullscreenArmed with signs declaring “All hail Commander Bone Spur” (Trump was medically excused from serving in the Vietnam war) and “History is watching”, they marched to the White House. Trump’s attitude to the rule of law “is scary”, explained one marcher in her 20s, who asked to be identified only as Madison. “I would like to see Donald Trump impeached and imprisoned.”As she and the other leftists marched, a young man, bare chested and wearing a bucket hat, approached a demonstration marshal. He seemed confused. He wanted to know where the protest for the opposite point of view could be found.Downtown Washington was, in fact, thronged with people representing both points of view, and they could be distinguished, much of the time, on sight – with preppy attire and the occasional Maga accessory marking Trump’s fans, and Covid masks, dark clothing, and a general glower designating anti-Trumpers.The mood at the actual army parade was cordial enough, in part because the overwhelming majority of attendees seemed to be either Trump supporters, military families or mostly apolitical daytrippers who just wanted to see a parade. Yet the crowd was on the smaller side, given the magnitude of the event.Similarly, although the army’s marching went smoothly, the larger public event seemed less than well-planned. The garbage cans, few and far between, were overflowing. There weren’t enough exits. The only food source for thousands of people was a handful of food trucks with lines of 40 or 50 people waiting at each. Because the parade closed down blocks and blocks and there was a dearth of signs with clear directions, it was also extraordinarily difficult to find one’s way in or out.View image in fullscreenA secret service officer, trying to explain the general confusion, just sighed. “Nobody knows what’s going on.”A tent managed by a beverage company handed out room-temperature bottles of an energy drink, Phorm. The flavor, called Screamin’ Freedom, tasted like hard candies dissolved in water, and an advisory on the cans warned that they were not to be consumed by minors or pregnant women.Although the military has agreed to cover the estimated $25m to $45m price of the parade, including the costs of reinforcing streets to protect them against so much heavy machinery, residents of Washington have been less than thrilled. The parade’s attendees seemed to be tilted toward people who had traveled from suburban Virginia or Maryland or even further afield. At one point a young girl walked by wearing a Mennonite bonnet. It wasn’t quite Maga Woodstock, but it was close.Chelsea, a woman in her 30s wearing a Maga hat, came all the way from New Jersey. Asked what she thought of Trump’s decision to deploy the military in LA, she said, “You don’t have leadership in that state. The [Democratic politicians there] don’t seem to have a fire in them.” Trump, she argued, was taking a risk to try to help California out of a lawlessness created by the cowardice of its local politicians. This was a common sentiment.View image in fullscreenA group of women from Pennsylvania were sitting on the grass. One wore a red-white-and-blue blouse, the other a flag-printed dress. “Trump wants to keep us safe,” she said. “He’s not Hitler.”“Or a king!” one of her friends said. She defended Trump’s decision to ban transgender troops from the military, and complained that Biden had subjected the military to political correctness and DEI initiatives. “The military is not a social experiment.”A little over an hour into the parade, which was still going strong, the crowd was beginning to show some signs of restlessness. Even a few people in Maga hats appeared to be packing up their things and heading home. The first wave of hundreds of people slowly funneled through the gates, and past entrepreneurs hawking Maga gear and baseball caps with Ice written on them.A young man, asked what he thought of the parade, remarked that he was not impressed. He felt that Trump’s close association with the celebration had politicized it and “made a mockery” of the army, though it wasn’t the army’s fault.More to the point, he added, the event was “just kind of … lame”. More