• bitjunkie@lemmy.world
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    9 days ago

    Yeah, no shit. His first term was 100% him playing golf and using the treasury as his personal piggy bank, why the fuck would we expect anything different this time around? Wake me up when someone actually does something about it.

  • Lenny@lemmy.world
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    10 days ago

    He has like 30 something felonies and openly admitted to rigging the voting computers. The man could commit murder on stage and still somehow continue being president.

    • Zomg@lemmy.world
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      10 days ago

      Got a source? I remember him saying Elon was great at the voting computers but that’s not exactly the same thing.

    • huppakee@lemm.ee
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      10 days ago

      He did? We have him on tape trying to get votes that didn’t exist, but haven’t heard much about voting computers being rigged.

  • sigmabot@crazypeople.online
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    8 days ago

    isnt there a video of him talking about how much him and his friends made from it? its not really an accusation at this point, he manipulated the market.

    • edric@lemm.ee
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      10 days ago

      I was just talking to my coworker at lunch that I’ll create an account and buy the dip. By the time we got back to our desks, I saw the news of the pause and everything shot up.

      • catloaf@lemm.ee
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        10 days ago

        By the time it hits the mainstream media, it’s too late for you or me.

        • Serinus@lemmy.world
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          10 days ago

          You’d have to be watching the speech, ready to react within a minute it two and you could have caught most of it.

    • unemployedclaquer@sopuli.xyz
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      10 days ago

      I bought the dip once, years ago. Made like, I donno. Couple hundred bucks. Sold all my crypto at the same time. That was cumulative with the other thing. Made a couple hundred bucks.

      • floofloof@lemmy.ca
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        10 days ago

        That’s the great thing about capitalism: anyone can make a ton of money, so long as they have a few tons of money.

      • Boddhisatva@lemmy.world
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        10 days ago

        What is the source of this chart? I’d like to use the image on other sites, but I can’t without knowing what the source is.

        • pmk@lemmy.sdf.org
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          10 days ago

          If you plan to use it, you should know that there was a separate “good news”-event at that point in time. It would not surprise me if insider trading happened, but that spike could also be from the bond auction. As much as I want the US to lose their influence in the world, it’s important to not jump to conclusions for political reasons. The spike should be investigated properly, but at this point the US might be too corrupt for that to happen or have consequences.

      • BedSharkPal@lemmy.ca
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        10 days ago

        There must be a way to surface this info? Surely there are known “insider” accounts one can track?

          • in4apenny@lemmy.dbzer0.com
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            10 days ago

            String him up!

            This is the only appropriate response, but Americans would prefer their symbolic cinematic marches with idols giving speeches as opposed to any real solutions.

          • pivot_root@lemmy.world
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            10 days ago

            “I get it, people are upset. It’s a big deal, a great deal, it might even be the biggest deal in the history of deals. The Democrats are mad about it, very mad. ‘He can’t do that,’ they say. They’re poor losers. They tried to make good deals like this. Tried many times. They failed, and they’re mad because I didn’t. I make the biggest, best deals. But their deals, those are no big deal. I get it, they’re mad. Mad that I did what they couldn’t. The Democrats lie, they say ‘President Trump, you can’t do that.’ But I could do it. I did do it, and I proved them wrong. Just like when I beat Biden in 2024. They said I couldn’t do it. I did it. Just like when I beat Hillary in 2020. I couldn’t do it, I did it. Just like with Obama, I did it. They keep saying I can’t do this or I can’t do that. They say it’s impossible to do these things. They say many things, most of them wrong. They don’t want to look bad, weak. The Democrats, Antifa, they’re weak, so they lie. They think everyone is weak, just like them. That’s fine, that’s fine. You see, they’re copying me now. They see a strong leader, very successful businessman, and they want to be one too. They copy me. They say what I say, do what I do, and they try to stop me. They want to be me, but they don’t want me to be me, so they lie and cheat. They rigged the economy, set it to collapse with forced ‘vaccines’ and wasteful D-E-I. I come here with my tremendous plan, going to make America great again. Bring all the business and jobs back. The Democrats cheat again, they go on CNN. They go on CNN, sell their stocks, rig the market. They didn’t think. Stocks are going to go up, way up. Numbers like you’ve never seen before. And they sold. The tariffs, I paused them. They thought they could cheat, and I turned it around. They lost big. Really big. Real Americans, we’re fine. Better than fine. The Democrats, they’re not fine. They lost, they’re mad. Only the Democrats are upset, it’s fine. Nobody should be upset about that. They played their hand and lost, and they’re mad. Don’t listen to them, they’ll get over it. They lie and they cheat, and they lose every time. We’re winning, winning big. So big. We’re going to win even bigger next week. 300% tariffs on Democrat businesses. No more foreign workers. More jobs for America.”

    • JackbyDev@programming.dev
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      10 days ago

      I got a little lucky in that I filed my taxes on Sunday and made my 2024 IRA contributions then. Only some of the funds were available Monday but I was able to buy. I would’ve bought regardless of the price (I don’t really time things) but it worked out nicely.

  • GuyFawkes@midwest.social
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    10 days ago

    The American legal system will be unable and/or unwilling to deal with it. Best chance is to send HIM to El Salvador if he ever relinquishes the office.

  • noride@lemm.ee
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    10 days ago

    The only reason he reversed course is because the bond market was shitting the bed. If no one was buying our shitty bonds, then they couldn’t issue the debt to pay for the massive tax cuts for the rich they’re about to pass. The insider trading wasn’t supposed to start until the market bottomed, they will absolutely try this same play again in three months.

    • Serinus@lemmy.world
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      10 days ago

      They can’ literally print money. They don’t even have to print it.

      Ironically, it would weaken the dollar enough that the rich would lose money on their tax cuts. So in that sense you’re right. I just don’t want anyone thinking that the government actually needs to find all the money it spends.

    • Cornelius_Wangenheim@lemmy.world
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      10 days ago

      This is what people need to be concentrating on. The cost of the government borrowing shot up 13% in a couple of days. This stupid fiasco just cost the government $70B in yearly interest payments alone.

    • chargen@lemmy.ca
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      10 days ago

      It seems like bonds are favourable when issued by a country with a stable government. Won’t investors consider this a sign of an unstable government and possibly continue to dump bonds?

      • floofloof@lemmy.ca
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        10 days ago

        If they have any sense, yes. Perceived trustworthiness is important. Mr. “Art of the Deal” of course can’t understand this and couldn’t deliver on it even if he did.

  • Alloi@lemmy.world
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    10 days ago

    no shit sherlock. its a fucking tariff. its gonna effect the market and pricing. these assholes are shorting the fuck out of whatever is profitable to do so. and controlling that ourtcome on several fronts.

  • TransplantedSconie@lemm.ee
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    10 days ago

    On a side note, I am absolutely fascinated by the size of the man’s head directly over Shit for Brains right shoulder.

    That fawkin 'ed is HUGE! It’s like an orange on a tooth pick.

  • SabinStargem@lemmy.today
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    10 days ago

    This should be considered an act of war by…everyone, really. Everyone should pull their stuff out of the US market, be they ordinary Americans, Norweigian oil bonds, or German gold.

    Trump will pull this shit again, he has a pattern of pulling the rug, and will keep doing so long after there is no more rug.

    • merdaverse@lemmy.world
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      10 days ago

      Just keep the retaliatory tariffs and say that the world governments don’t have time and resources to deal with a child playing with tariff sliders like it’s a fucking 20 year old Paradox game. Until he’s out of office, or preferably in jail.

    • Baguette@lemm.ee
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      10 days ago

      The fake leak about pausing tariffs earlier the past few days was the test to see how much money can be moved with one announcement

    • Lee Duna@lemmy.nzOP
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      10 days ago

      there’s 90 days window he can do however he wants and tank the market

  • HellsBelle@sh.itjust.works
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    10 days ago

    You know he’ll never face charges tho, right? I mean SCOTUS essentially gave him carte blanche to do anything he wants, whenever he wants to whomever he wants, no questions asked.

  • SeeMarkFly@lemmy.ml
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    10 days ago

    If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

    THIS looks like a scam, doesn’t float so there’s some doubt, it sounds like a scam, yep, it’s a scam.