“predictable rule of law” here is banker for “holy shit stop blowing up the constitution it’s incredibly bad for business” - ThreadSky

rincewind.run • 72 days ago

“predictable rule of law” here is banker for “holy shit stop blowing up the constitution it’s incredibly bad for business”

Reposted from grand duke of tinker town, lego land & smallville

More Shade from ‘The House that Morgan Built’

This is THE most aggressive bankster shit talk I’ve ever seen

Translation: Tesla, Starlink, SpaceX, Bitcoin & Elon Musk are fucked bc now CitiBank AND JP Morgan will be active participants in their destruction

Strange times make stranger allies

Comments

jeremythejedi.bsky.social•71 days ago

“It can’t be indicted, arrested or deported”

Jamie Dimon can. And if it comes down to it, I’d expect Elon to talk to Kash about reminding him of that fact.

lukebro92.bsky.social•72 days ago

Liberalism was created for capitalism and vice versa. This is mostly but not exclusively a bad thing.

julietskeets.bsky.social•72 days ago

100%! Ofc the Democratic Party will hop in bed with these wall street ghouls to attempt to destroy MAGA and Musk despite the fact that they're who brought us the circumstances that gave us Trump and Musk in the first place. If successful, the next iteration of Trump will be far worse.

goodkid-saadcity.bsky.social•72 days ago

this is interesting because trump likes to say the stock market are his polls. wondering what will give first

duketinkertown.bsky.social•72 days ago

great juxtaposition pointed out here

liquidity drives price action 💸

#Nasdaq ETF ex: two Weekly 🧸 Fair Value (Liquidity) Gaps

how’d price react to one 🧸 FVG? 📉

gotta new one now 😱

ready for a splash into that 🐂 Liquidity Void then likely retest 423 down to 400 🧲

@kevincarson1.bsky.social

g-chris.bsky.social•72 days ago

I think Democrats have a narrow window to pull together an anti-authoritarian group of allies. The tough pill to swallow for a lot of liberals is that any winning coalition has to include business community. In short term I don’t see how liberals win a fight on multiple fronts.

julietskeets.bsky.social•72 days ago

Absolutely terrible idea

boomies-n-zoomies.bsky.social•72 days ago

“You’re scaring the hoes”.

nougatmachine.bsky.social•72 days ago

me to bankers

busillis.bsky.social•70 days ago

I love the tough guy "Markets cannot be bullied into things!" shit. It's the crypto guys boasting about their immutable ledger and then a few days later reversing a bunch of transactions after they remembered that the feds have, like, actual real world guns.

satiricalplanet.bsky.social•69 days ago

Ah, democracy. Once the shining beacon of justice, fairness, and due process. Now? A punchline in a tragicomedy where Trump wields the legal system like a sledgehammer with all the subtlety of a wrecking ball at a glass factory.
https://aiwillybillhuman.substack.com/p/the-death-of-the-rule-of-law

tujungadude.bsky.social•72 days ago

Apparently the big banks will be setting the table for the Eat the Rich buffet

karamcnair.bsky.social•72 days ago

The Money is freaking out.

clarencedarrow.bsky.social•72 days ago

Too little too late from those enablers. They ignored the warnings.

anthrodiva.bsky.social•72 days ago

Blew through them

anthrodiva.bsky.social•72 days ago

Yeah, these assholes will find a way to make fascism pay.

mtblah.bsky.social•72 days ago

Woulda been nice if they’d all stopped to think about that very obvious fact before helping Trump get reelected…

grissallia.bsky.social•72 days ago

This feels like Bane talking to Batman.

"You think capitalism is your friend, Elon?"

cantard.bsky.social•71 days ago

Some concerns:
-The ultimate voting machine cannot actually vote.
-When you get down to it, you can threaten and bully the Stock Market or do any of a number of things to it and the companies\people that make it up.

hardxcoded.bsky.social•72 days ago

but I thought billinaire bankers like chaos as long as they are the ones causing it and controlling it like 2008 crisis

gsjphd.bsky.social•72 days ago

Talk is cheap. Whiskey costs money.

smithbrainz.bsky.social•72 days ago

I did not have this gauntlet toss on my bingo card.

nwayne66.bsky.social•72 days ago

Me neither.

smithbrainz.bsky.social•71 days ago

This is the most surreal timeline.

nwayne66.bsky.social•71 days ago

I feel like I would have been better prepared if I’d read more dystopian fiction and seen more horror movies.

smithbrainz.bsky.social•71 days ago

I’m not sure the usual dystopian fiction would help as much as the movie “Idiocracy.” (Still working up the nerve to watch it.)

nwayne66.bsky.social•71 days ago

That’s a good point and same.

rincewind.run•72 days ago

lots of folks learning that having some level of regulation, however much you find it annoying, is actually quite preferable to kleptocracy

bbdad77.bsky.social•72 days ago

These people got rich off the current status quo. Now they want to destroy it. This will not end well, 5 many people got rich off this and they are threatened now.

thelongshot2112.bsky.social•72 days ago

That's why I shake my head when people talk about a "free market". There isn't such a thing. All markets have rules, and the rules are always being adjusted to keep the market functioning.

drewkadel.bsky.social•72 days ago

Thing is, the big business guys arguing for "free markets" were aware of that but wanted the rules adjusted for their convenience and to give them an edge. The right-wing populist masses are just credulous and think freedom means destruction of all rules. Enter Elon.

colonizedeez.bsky.social•72 days ago

lots of folks learning that most American law is whatever the shittiest richest white people say it is

andyinafield.bsky.social•72 days ago

"The ultimate voting machine"

That really should get people thinking.

brianinja.bsky.social•72 days ago

Yeah that was incredibly uncomfortable to read. I remember a classmate who couldn't get why I would want to "buy" more shares in my local co-op if it didn't increase my voting share in the co-op. The idea that $=power infiltrates and destroys a lot of beliefs.

eschatonblog.com•72 days ago

Always in their interest to lobby for special carveouts but they of course benefit from the system

billypilgrim65.bsky.social•72 days ago

yes, *free markets* don't just make themselves.

david.uncensored.zip•72 days ago

they always miss the most important part: a functioning system must exist for you to get a carve out.

eschatonblog.com•72 days ago

I think they know this but they forget that empowering everyone to lobby for special carveouts collapses the system

splitrailfence.bsky.social•72 days ago

It just sucks that it always takes something happening to them to make them learn it.

archiecarter.bsky.social•72 days ago

Jamie Dimon’s wife was out canvassing for Kamala in PA , as much as he’s been in the news bad mouthing employees, he knows how his bread gets buttered

kjephd.bsky.social•72 days ago

You'd think 2008 would have accomplished that for at least one (1) solid generation of Wall Streeters, but here we are

dotdotdot8647.bsky.social•72 days ago

Lol, they didn't even learn at the time and thought any restrictions from ARRA or Dodd-Frank was THE WORST THING EVER.

More of them should have ended up in prison, honestly. Seems the only thing that actually teaches them.

douglindner.bsky.social•72 days ago

“Can you guys fix the incentives so we’re not in a race to the bottom that threatens the foundations of the financial system in which i am currently thriving,” asked shockingly few finance leaders

gonzoinhouston.bsky.social•71 days ago

That whole statement is a grand “fuck you” to Trump and his overbearing tactics. The market reflects what investors think the future will look like, and right now, it’s not a pretty picture.

differentmatt.bsky.social•72 days ago

Sure, welcome to the revolution etc. etc., but may I just point out that Trump doing what he's doing was easily and frequently predicted by anyone and everyone including Trump himself… and yet somehow these geniuses virtually all lined up behind him in a close election.

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