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47 sats \ 11 replies \ @freetx 15h \ parent \ on: Inside the Trump family’s global crypto cash machine - Reuters Politics_And_Law
Its certainly warranted, however has anything ever been done about Pelosi being a better stock picker than Warren Buffet?
Personally I think its better for everyone if we just allow the fraud and market manipulation to be as transparent as possible - like Trump is doing. You can trade against transparent manipulation / fraud, however much harder to do when hidden.
No doubt NY Times has an agenda. Trump has been impressively transparent about his corruption and self dealing, I think. Pelosi and Maxine Waters, for instance, have also been openly corrupt, but the MSM will run cover for them.
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Yes, it's certainly not unique to the current administration. All politicians always do this. It is the nature of the incentives. I suppose it is yet another reason to limit government power wherever possible.
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self dealing
Example?
impressively transparent
That's why its not warranted, except maybe to point out how hilarious the pearl clutching is by these hypocrites.
These rags never had an issue with the skullduggerous means these things have been done in the past, in actually harmful ways, such as stakes in companies (including foreign) that shape policy to milk taxpayers and the economy at large rather than just speculators. How much has Burisma cost americans that never even heard of it? Defense complex? Big pharma?
Shilling digital collectibles, openly signaling new industries, and publicly calling bottoms on the stock market on social before dropping a pump headline are inclusive not exclusive.
The buttrage is TDS, not substantive. Finding yourself agreeing with anything from the Langley Bugle warrants a re-evaluate of your priors.
17-fold
lol, there's that magic number again...
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Not sure what you're referring to specifically, but how is that self-dealing if he wasn't in office?
How is it corruption if people voluntary speculated on a collectible? Is NYT crying in the casino?
I do recall one of the tokens being a ticket to a dinner at MAL, standard practice for campaign contributions, how is that any different than NGO or PAC dinners with candidates?
That's before we even consider the lawfare that may have forced it as a loophole, which I had seen other articles making the case that the DJT SPAC was that.
How is this different than Hancock funding the revolution via his shipping empire against an enemy that controlled the ports?
If this is the best/only example you got then it validates my point above, it's TDS grasping for nits, not substance.
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Ah so not election eve but inauguration eve.
How is this self-dealing? Did he use the government to shill it? Were there any promises made under the pretense he'd be in office to return value to investors?
Leftist Wikipedia even concedes:
The meme coin website described it as the "only official Trump meme".[7][8] Its logo is a cartoon image of Trump raising his fist after surviving the attempted assassination in July 2024.[9] A disclaimer said that the coin was "not intended to be, or the subject of" an investment opportunity or a security and was "not political and has nothing to do with" any political campaign, political office or government agency.[8]
NYT even affirms it as analagous to a PAC dinner ticket:
According to The New York Times, certain buyers in interviews and statements said they "bought the coins or entered the dinner contest with the intention of securing an action by Mr. Trump to affect United States policy".[18]
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Are we going to engage in a discussion deciding between ethical and unethical shitcoining? I can dig up more evidence that he and his company benefitted from the sale of the coin at a local top, while his loyal supporters got crushed. But, I'm not sure we really are disagreeing about much. I can't see you, of all people, defending shitcoining, and I agree with you about the lawfare, the unjust way the NYT and MSM treat Trump, etc. I'm certainly not defending fucking democrats. Both sides are corrupt as hell.
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I'm not defending shitcoining, i'm arguing framing.
Shitcoining is a much different accusation than government corruption or abuse of office.
One of the reasons I'm so bullish on Bitcoin is because of government corruption, Bitcoin is applied incentive theory, but that also means no crying when it's done at smaller scale with shitcoins.
That's why these rags are so focused on the "crypto" story, they're coping with the fact that they no longer have a monopoly on corruption because it's been opensourced. They (globalists) know what's coming, eventually it won't be a shitcoin being pumped, but the government at-large pumping their Bitcoin bags thereby crushing their Cantillon network.