When I started to practice law, Jimmy Carter was elected president. To avoid some unimaginable conflict of interest, he sold his family farm for peanuts. Since I retired from the practice of law 10 years ago, apparently the ethics have changed.
President Trump for his birthday last week gave himself a military parade, which which cost the American taxpayers approximately $25 million and tore up the streets of Washington.
Several news services have recently reported that since the early days of President Trump‘s reelection campaign he has made more than double his net worth, about $5.4 billion dollars.
In the past, I would’ve been horrified, but now my reaction is that it’s a shame I didn’t somehow make a bigger profit back when ethics prohibited me.
Back during those ethical times I would preach to the lawyers at my firm that the easiest way to check your professional ethics is to ask yourself if what you were about to do would be embarrassing if it would become a headline in the New York Times. If so, don’t do it.
President Trump has re-organized and turned upside down the professional ethics of the presidency and the ethics I was used to. Everything unethical or untrue that Trump has done now is routinely front page headlines on the New York Times, which nobody reads anymore.
I have gone back to thinking about how rich I would be if I’d taken on cases that I ultimately rejected long ago because of ethical concerns.
Consider the amount of money I could’ve made if I had taken that case long ago of two Hindu businessmen who came into the office and told me they wanted to incorporate (for personal liability reasons) an ongoing business that provided Hindu Americans a chance to bury their families in the Ganges River for about $5,000 per loved one.
They told me that the contract that they offered guaranteed that the loved ones ashes, with which they were entrusted, would be respectfully sent to the Ganges, a boat would be hired as well as a videographer to make a movie of the ceremony as the ashes were transported in a beautiful urn, and a man rowing the boat out in the Ganges would be filmed opening the container and emptying it so the ashes were visible as they were were gently poured into the river.
The $5,000 would be collected in exchange for the video of the ceremony.
I will admit I was intrigued by this novel, religious practice and I asked about the heavy cost of the procedure and the profit they were making per contract.
Without batting an eye both businessmen looked at me and said it was about 95% profit. I asked them how could they possibly make such a profit and they answered: “We send everyone the same video.”
If you’re using the same video and you are making a 95% profit you certainly don’t have to be greedy. You could include a beautiful hologram of the soul rising from the Ganges and fluttering off into reincarnation.
Also they completely missed the opportunity for relics, swag, and real cool T-shirts.
When you include the total Trump’s family and political friends have made in the “pay to play” access and favors, which have included the opportunity to show your personal love and respect by purchasing Trump bitcoin and Trump Bibles, and such gifts as an airplane from the government of Qatar, no wonder Trump wants a third term.
I was so stupid I refused to represent the two Hindu businessmen, even though they generously offered me a free burial in the Ganges.
I could also have befriended the President by referring him to another client who I rejected. For a while, “viatical contracts” were easy money. Several people had the idea at the same time. During the AIDS epidemic several entrepreneurs were going into hospitals or hospices and offering to buy life insurance policies at about 10% of their face value from those who would soon die. There’s nothing illegal about that, but for me it didn’t pass the smell test.
There is some justice in the world. Once effective HIV treatment became available, they were stuck continually paying for ongoing life insurance policies.
I suspect that the Trump family has already seen the future of medical profit as is evident from the appointment of Robert Kennedy, Jr. and the future of TMD (Trump Measles Deterrent). This is not a vaccine. it is free and called “The Trump Blessing,” which is administered over a Zoom call after you buy some of the remaining overstocked Bibles that will become collectors items soon.
I think the only benefit Jimmy Carter received from his presidency was a gift given by his brother: a couple of cans of Billy Beer.