Lutnick is investing in "tiny little screws" that help to make cell phones. The screws will be turned by certified trade elves at the new Keebler factory. 'Highley skilled trades are back.'
The lack of character, or warrior ethic, or even the slightest hint of a moral compass among the ranks of the White House administration currently barrelfucking the constitution and everyday people’s lives is staggering. https://lokiexcelsiorsmith.substack.com/p/a-rogues-gallery-revue?r=fd4u4
The problem is that billionaires don't conceptualize money the way we do. And because they have so much influence, they can effectively manufacture money by moving assets around and borrowing against their funny-money (stock).
They have already moved their money. So they probably lost 6% not the 10% that we all lost. Warren Buffet moved his big bucks over November-December, he expected rump would destroy the market. I should have moved mine at the time. I'm moving most of it tomorrow.
I’ll bet they lost no money and if they did, they have the inside track they’ll scoop up all the stocks while they are low and make more money on top of what the Republicans are going to do by extending the tax credit for the billionaires and drop the corporate rate to 15%
The better question is how much 💰💰💰 do they think they are going to GAIN by snapping up #foreclosed homes and #farms at #firesale prices when millions of job losers file #bankruptcy due to intentionally destabilizing #tariffs?
Many of us can’t be bothered watching these shows because there is no pushback from the journalists, anchors or whatever you want to call them. It’s ridiculous.
they don't know and don't care. bessent is practically laughing in every interview I see. they don't live paycheck to paycheck or know what it's like to lose years of savings in three days.
Perhaps an interesting question for the journalists who interview the Trump administration: Why did Trump state that he wanted to destroy the US economy 10 years ago?
He's not gonna get riots in the streets. He wants them but he's not gonna get what he wants this time.
The only riot he'll ever see is when fed up Americans storm Miami fake white house
And the follow-up: "But you didn't personally feel the loss, or need to execute corrective liquidation to remain solvent, due to your own protective safety net, yes?"
👍 with the exception of AOC, Jasmine Crockett, and a possible handful of others, no elected Representatives on either side of the aisle reflect the economic reality of the overwhelming majority of American voters.
Pretty sure they got a heads-up and bet against the market, they would have made money off of everyone's suffering. Insider trading at its finest. America is the land of the greed.
Some talking head on Fox literally tried to show us we hadn’t actually “lost anything” because if we “zoom out” we have just as much as we did 5 years ago. He actually said “What does ‘down’ really mean?” 🤦🏽♀️🤦🏽♀️🤦🏽♀️
According to Fox News, the MAGA Cult must be very very dumb indeed cuz they expect them to believe the most idiotic crap. And they do. They are buying Ivermectin for CANCER now FFS! 🤦🏻♀️
They’re billionaires, they are fine losing money now because they’re the vultures that will swoop in and feast on the remains and make major bank when a Democrat spends a couple of years cleaning this shit up.
That’s the plan… they made a killing in 2008-9 buying up distressed assets.
Comments
https://lokiexcelsiorsmith.substack.com/p/a-rogues-gallery-revue?r=fd4u4
#Recessions truly are GREAT for the GREEDY.
Never forget #2008!
Bessent is bullshitting on America.
The right question is "when did you short the Dow and have you closed out your position yet?"
The only riot he'll ever see is when fed up Americans storm Miami fake white house
That’s the plan… they made a killing in 2008-9 buying up distressed assets.
https://bsky.app/profile/annabower.bsky.social/post/3llzpzk37u22f