The potential for the Marcos family to maintain their illicit assets in the US is discussed in the context of a possible closer relationship with the Trump administration. Marcos Jr. mentions that Trump has close ties with his mother, Imelda Marcos, suggesting a history of friendly interactions and shared interests, particularly concerning properties acquired during the Marcos dictatorship.
Remember that the Marcoses still have assets and interests in the US. Remaining friendly allows their family a good chance to keep hold of their remaining ill-gotten wealth in the US.
But what most media outlets missed when they reported this is that the Marcoses and Trump are closer than they look. tasked to go after the Marcoses’ ill-gotten wealth,where he toured the New York buildings bought by the Marcoses during the dictatorship. Last week I had the students in my Martial Law Economics class at UPSE watch that video.
The fact that Imelda would befriend, cavort and deal with a person as shady as Donald Trump should be no surprise. They share not just a passion for real estate, but luxury and wealth in general — even though obtained through shady means., Marcos Jr. said he “expressed to our continuing desire to strengthen that relationship between our two countries, which is a relationship that is as deep as can possibly be because it has been for a very long time.
Quite possibly, though, the Marcoses’ friendliness to US authorities goes well beyond the desire to deepen our countries’ ties.
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