Meta Platforms has agreed to pay about $25 million to settle a lawsuit Trump brought against the company after the social-media platform suspended his accounts following the attacks on the U.S. Capitol that year.
$22 million of the payment will go toward a fund for Trump’s presidential library,. Meta won’t admit wrongdoing under an agreement Trump signed in the Oval Office on Jan. 29.
This follows a Dec. 14 announcement that ABC News would pay $15 million to settle a defamation lawsuit brought by Trump is discouraging. Even more discouraging, however, is word that under the terms of the settlement ABC News will donate the $15 million to Trump’s future presidential foundation and museum.
And now The New York Times reports many executives at CBS’s parent company, Paramount, believe that settling an absurd $10 billion lawsuit against CBS filed before the Nov. 2024 election would increase the odds that the Trump administration does not block or delay their planned multibillion-dollar merger with Skydance. Trump accused CBS of deceptively editing a “60 Minutes” interview with Vice President Kamala Harris.
“A settlement would be an extraordinary concession by a major U.S. media company to a sitting president, especially in a case in which there is no evidence that the network got facts wrong or damaged the plaintiff’s reputation,” the Times reported on Jan. 30.
“We once held the office of president, as well as its occupant, in high regard,” Anthony Clark wrote in The Last Campaign: How Presidents Rewrite History, Run for Posterity, and Enshrine Their Legacies. “As we have lowered our opinions of both, presidential libraries, consequently, have grown larger and more powerful—and, not incidentally, less truthful.” As Clark wrote in Salon, presidential centers tend to be “proud, defensive, and a little self-absorbed” and eventually become theme parks with declining numbers of visitors.
The Donald J. Trump Presidential Library Fund Inc. was incorporated in Florida on Dec. 20, six days after it was revealed that ABC News had agreed to donate the $15 million to Trump’s future presidential foundation and museum.
The Wall Street Journal’s Annie Linskey and Rebecca Ballhaus reported “Serious talks about the suit, which had seen little activity since the fall of 2023, began after Meta Chief Executive Mark Zuckerberg flew to Trump’s Mar-a-Lago club in Florida to dine with him in November, according to the people familiar with the discussions. The dinner was one of several efforts by Zuckerberg and Meta to soften the relationship with Trump and the incoming administration. Meta also donated $1 million to Trump’s inaugural fund. Last year, Trump warned that Zuckerberg could go to prison if he tried to rig the election against him. Toward the end of the November dinner, Trump raised the matter of the lawsuit, the people said. The president signaled that the litigation had to be resolved before Zuckerberg could be ‘brought into the tent,’ one of the people said.”
Knowing Donald Trump’s tendency toward grandiosity, he will likely want a supercalifragilisticexpialidocious billion dollar Presidential Monument. The Washington Post reported back in January 2021 that a top Trump fundraiser said the president had told supporters he wanted to raise $2 billion for his presidential library and museum and thought he could collect it in small-dollar donations from his grass-roots supporters. A satirical website was subsequently created showing the contents of a potential Donald J. Trump Presidential Library, with images of “The Wall of Criminality” and the “Alt Right Auditorium”.
The way we’re headed, presidential centers will surpass Egypt’s pyramids as monuments to the egos of leaders. But as I’ve observed in previous posts, if Donald Trump goes forward with his museum plans, his former, current and future advisors may have reason to be concerned. Many of the Egyptian pyramids entombed not only the deceased, but also the deceased’s servants.




