Trump Very Likely Profited From Syria Attack — Here’s How

Featured Trump Very Likely Profited From Syria Attack — Here’s How
U.S. President Donald Trump owns stocks in Raytheon, the weapons manufacturing corporation that produced the Tomahawk missiles used in the attack.

When U.S. President Donald Trump announced missile strikes against the Shayrat Syrian airbase last Thursday, he alleged that the attack was in the country’s “vital national security interest.”

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Claiming to support Syrian lives, he also said the attack “would prevent and deter the spread and use of deadly chemical weapons.”

What Trump conveniently forgot to mention, however, is that he may have profited handsomely from the missile strikes he ordered, which left up to 15 people dead.

Trump owns stocks in Raytheon, the weapons manufacturing corporation that produced the Tomahawk missiles used in the attack, Raw Story reports. His 2015 financial disclosure report filed with the Federal Election Commission revealed that his stock portfolio includes investments in defense firms, with Raytheon leading the charge. 

The company, worth almost US$30 billion, has seen its stocks surge since the attack. The attack itself also raked in millions for the company, given that the 59 Tomahawk missiles used cost taxpayers an estimated US$1.4 million apiece, Democracy Now reports. 

Although Trump’s reported Raytheon stocks are valued between US$1,000 to US$15,000, some believe he could have deeper financial ties to the wealthy defense corporation.

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“Of course, as with all things Trump, there’s a black box here, because he’s not reporting his tax returns, he hasn’t done a blind trust,” Center for International Policy official William Hartung told Democracy Now. 

“Virtually anything he does, not just in the military sphere, could benefit him, his family, his inner circle financially.”

RELATED: How 'Anti-Trump' Liberal Media Cheered Syria Attack

Trump justified the missile strikes by claiming Syrian President Bashar al-Assad was allegedly responsible for the chemical weapons attack two days prior that killed upwards of 70 people. His administration, however, has not presented any evidence of al-Assad’s complicity. 

Moreover, the destruction of the Shayrat Syrian airbase has made it increasingly difficult for experts to carry out an independent investigation of the chemical weapons attack.

Organizations like Raytheon that form the broader military-industrial complex have frequently served as cheerleaders of war, since the U.S. government contracts those companies to produce weapons. 

The 192 cruise missiles that were used to bomb Libya in 2011, for example, made the company over US$290 million alone.

Last modified onWednesday, 12 April 2017 10:40

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