The president now holds more than half of his wealth in crypto, Danielle Allen reports. With his memecoin $TRUMP, “he has turned himself—and therefore his office—into a for-profit joint-share stock corporation.”
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I don’t understand how this doesn’t violate any ethical code. I get former Presidents writing books and making documentaries etc to profit off the office but during office? And selling a financial instrument?
Advice..... put your 401K in an income fund like I just did.
This economy is headed towards a crash like none before IMO. Crytpto bubble, cuts in help for lower income Americas, AI sucking up jobs in almost every sector at a pace most don't realize right now. Political chaos. Tariffs.
You find someone willing to pay more than you did. If there’s a critical mass of people like that, fear of missing out sets in for some people who see it going up and haven’t bought in yet so they get desperate to buy at any price. Basically a Ponzi scheme but with more steps
Fantastic article @theatlantic.com. I had no idea that the corporation of the tech elite could potentially cause a rupture in our ability to self-govern.
Well since he wants half of Tik Tok we the US of A should grab 50% of that as it’s due to his Office of Prez status.
By the way…
Does he pay any income tax on that crypto crapola?
So Americans are cool with the POTUS hawking “products” that directly enrich his family from the Whitehouse? Not to mention these products are scams? 🤔
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This economy is headed towards a crash like none before IMO. Crytpto bubble, cuts in help for lower income Americas, AI sucking up jobs in almost every sector at a pace most don't realize right now. Political chaos. Tariffs.
Funny how Republicans aren’t even blinking anymore.
https://cnb.cx/4giTvm9
Teaching, therapy, data analysts, engineers, doctors, scientists... everything.
By the way…
Does he pay any income tax on that crypto crapola?