So I wonder how many of Trump’s rich friends/henchmen just made a ton of money as a result of Trump's flip-flop on tariffs on Mexico? Kinda feels like Trump took a page out the playbook "Market Manipulation for Dummies."
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Glenn, I was wondering the same. However,in my thought scenario, this was just the test run to see which stocks would actually tumble or be affected. Maybe his team of pirates are setting up some sort of short selling event (now they know what will tumble) after that 30-day grace period.
I’m still worried about Musk and his little minions having access to the Treasury payment system and whether they could set up payments to themselves or drain off money for Putin. Who are Musk’s Twitter partners? He owes someone!
I wonder how soon after the market started to crash before Trump called Mexico and said “just kidding”! Since I don’t trust Trump to tell the truth about what was said I would like to read the Mexico transcript of what was said.
@glennkirschner.bsky.social (More than would admit it, if I were to hazard to guess but)
Mr. Kirschner, if I may ask you a question, these days are you purely a scholar/advisor on legal issues or are you currently involved in practicing law? To that end, have you considered running for office?
This really is not going to end well. I was expecting another MAGA insurrection or worse, right before the election.
Now it could be us that's going to say enough. Most of us have worked too hard for the freaking fascists to treat us like peasants. We did go back 300 years. Ok, I'm done.
If only the US had had a more pro-active AG these last four years instead of one only interested in protecting 'norms'.
I don't think you'd be where you are now.
Exactly what I told my husband (he's getting tired of me:+) trump was going to do. It's just so easy to see through this man. I know people are not that dumb. They must be scared or are to cowardly to call him out on it. Thanks Glenn!
Waiting for the reality show, Housewives of The New Admin. Christine Noam and Cheryl Hines get into a bitch-off in the West Wing Cabinet Room over who's more committed to their marriage, Cheryl after Bobby cheated with Olivia Nuzzi or Christine cheating on her husband with Corey Lewandowski.
Why ask another country to control your own border? Isn't that a country's own responsibility? Should Canada demand the US control the flow of illegal arms entering Canada from the US, since 80% of guns used in crimes in Canada entered illegally from the US?
Not sure.
But Mexico almost doubling border protections to help stop trafficking of drugs moving north, and the US stepping up efforts to stop flow of weapons going south to the cartels is a win for both our countries.
A meticulously orchestrated act of chaotic opportunism—like Gordon Gekko moonlighting as a populist Robin Hood, but only robbing the poor to pay himself.
Something to consider -
"recessions and depressions are when America’s largest fortunes are typically made or expanded because they represent great buying opportunities to those with cash, while at the same time the small companies being squeezed are willing to sell for a song." -
Thom Hartmann
These are people who are all about fixing the play anyway they can with all the tools at their disposal... Watch the millionaires/billionaires numbers rise in the US in short order... The intention is to clean our cupboards as quickly as they can. Be well. #JusticeMatters 😉
Glenn...Brit here....isn't that illegal for the president to do?
Will anything be done to stop it and hold him accountable? He's made a ton on money himself out of it
I’m sure a smart securities & stock person could investigate which of his buddies shorted a big number of stocks last week, sold them and has started buying them back today.
Although a lot of investors probably shorted stocks due to tariffs being incredibly stupid in the first place.
Exactly what I just said to my wife, when she asked about the market. Dump and Elroy are executing illegal market manipulation, and buying every dip and selling every peak, Dump chaos causes. Dump did this many times in previous term. They ran a MOB operation out of the WH, and are repeating it. 👮
Canada still need to keep the fight up they should boycott America products. This will be the only thing they can do to hold the fuhrer accountable for his shit
Even more reason for Canada to take Trump's call where he says he too will pause them for 30 days and watch the market adjust. And then at 2:50, Canada will make an announcement that they will not lift their tariffs for 43 days to represent the 43 lbs of fentynl.
I was just thinking, last Trump administration, how many 500-1000 swings in the DOW did we see? Quite a few I believe in comparison to Biden. Not counting the covid drop.
Another manipulation of the stock market. The difference between it and crypto’s pump and dump is with the stock market they sell than tank the market then buy back after it hits the bottom.
Glenn, this may be a turning point already early in this administration. She backed him down & out maneuvered him, & the Canadian conservatives must be watching this with that “what are we, chopped liver?” look on their faces. I wonder what he gave away to Maduro? Now the EU knows he’s a joke.
It was all a grift. Trump has no interest in the “flow of Fentanyl”. His only interest is being seen as tough. As soon as the stock market dove, he backed off. Unfortunately we can expect many more of his empty threats in the future.
So he's playing with the markets forcing hands and still fucking over the American people who aren't rich or don't have an inside track to his bullshit.
The thing tht bugs me... Trump is an idiot. Let's all agree to that. But those whispering in his ear aren't total idiots. They know what this stuff is doing to the country. And it can't be a pure power grab since nobody will want power in the country they are bringing about.
So is it just money? Maybe. But I can't beleieve that someone like Musk couldn't get just as much money by keeping his mouth shut and just continuing to rack up the billions.
So there has to be something esle they are driving towards. I don't know what but
Or he called off the tariffs because the market is falling. As soon as the White House switch its position, the market began a correct. So can we say that Trump buckled to Market pressure.
Only a matter of time before Trump cuts the same deals with Canada and China. He likes to create a crisis and then claim victory when the crisis goes away. Market manipulation is a favorite sport for the GOP.
Or its all smoke and mirrors. We still don't know what Musk is doing at the U.S. Treasury. Are they snatching all our sensitive data to rip us off? What seams more likely?
I am sure a lot! But guess what will happen next! Profits will creator soon! He has nothing to move the economy forward! Groceries like he calls it will skyrocket soon no pickers milkers builders!! Cancelled projects of the inflation reduction act will destroy employment numbers! Down $$ Down stocks
Exactly! Don't be shocked when the conglomerates add their own price increase onto the tariffs and shrinkflate even more. And then that price will become the norm, never to be lowered.
What are your thoughts on the idea that major corporate conglomerates who hold significant control over global markets (like owning most of the S&P 500) might stand to gain from world economic instability or collapse? Could their influence be contributing to the chaos we’re seeing or something else?
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He just doesnt wanna look bad.
He doesn't care about other ppls money.
He has no friends.
Buy calls, announce dropped tariffs. Sell calls. Make millions.
Send to Trump.
Repeat.
Mr. Kirschner, if I may ask you a question, these days are you purely a scholar/advisor on legal issues or are you currently involved in practicing law? To that end, have you considered running for office?
#DontBlameMeIVotedHarrisWalz
Now it could be us that's going to say enough. Most of us have worked too hard for the freaking fascists to treat us like peasants. We did go back 300 years. Ok, I'm done.
I don't think you'd be where you are now.
This part was not reported
Border Barbie will be so sad if she doesn't get daily photo ops with costume changes.
You get a follow for this
he manipulated the market
with crap like this
his entire first term
NOT NEWS
is disingenuous.
I don't watch (or have TV), but just seeing some really common and basic, but destructive, propaganda being passed from there.
Time for the people to say 'NO, HELLO NO!' to the old, tired manipulations that support the #insane #SOCIOPATHS.
But Mexico almost doubling border protections to help stop trafficking of drugs moving north, and the US stepping up efforts to stop flow of weapons going south to the cartels is a win for both our countries.
"recessions and depressions are when America’s largest fortunes are typically made or expanded because they represent great buying opportunities to those with cash, while at the same time the small companies being squeezed are willing to sell for a song." -
Thom Hartmann
there is up and down and even tho u are relatively rich and powerful, i still see u as down here w the rest of us. i pray it stays that way
pelosi is up there
aoc is down there
anything else is a fable
Will anything be done to stop it and hold him accountable? He's made a ton on money himself out of it
Although a lot of investors probably shorted stocks due to tariffs being incredibly stupid in the first place.
He’s being manipulated by Musk et al
Despicable no other word well maybe one more
WTF
https://www.telegraph.co.uk/business/2025/01/31/hedge-funds-bet-billions-against-trumps-america/
https://www.wired.com/story/elon-musk-lackeys-general-services-administration/?fbclid=IwZXh0bgNhZW0CMTEAAR0JyEs5lnIC6wXUSsOHCeJ_nazTty8Z218M7BzRW2K5TSjWjCGxVT70Ujg_aem_4qWfzDhm4azxnKy0zZlCRw
So there has to be something esle they are driving towards. I don't know what but
I'd be VERY surprised if they didn't invest on market fluctuation.
#resist
The FBI (and SEC)
I expect the tariff stuff to go and off like a kids game of red light green light until trump is told that the $$$ is made.
I think this resistance is going to need to get physical very soon, as unfortunate as that is. Guerilla tactics. Replaying the mid 1960's...
Step 2. Make a killing
Step 3. Restart and blame Biden, Trudeau and DEI