Bill is just disappointed because he missed an opportunity to make some cash on this same situation. There's no moral outrage.. .just ticked off at missing this.
Sadly true, but Ackman knew this before. It also calls into question...DEEPLY...are these guys manipulating the market for personal gain? It's looking more and more likely.
“It all makes it abundantly clear how untouched by humanity they are. So possessed by their own hubris, they don’t know it, they can’t see it, & it never occurs to them when they are showing us their ass.”
“Fortunately, I do not need any financial benefits as I and my family have well more than we need. I have also committed to give away the substantial majority of my resources at or by the time I am no longer, so I don’t consider …
so I don’t consider personal financial benefits in the determination of whom I support for office.”
Hmmmmm why is he upset if is not considering financial benefits?
There's no way he could function without his advisers. That doesn't absolve him but it's always good to see the ones writing those executive orders for him to sign.
So being a yes man isn't good enough. You have to be a yes man and a fall guy. Half of his cabinet may end up at congressional hearings. Matt Gaetz might be glad he didn't make the cut. Matt is winning enough at Newsmax lol
It's easier to understand with someone as indebted as Trump is. People with BILLIONS in debt do not want a strong dollar. They want a weak dollar, because it makes it easier to pay off those massive debts.
He may not be wrong about Lutnick's thoughts. However, the writing has been on the wall wrt Trump's love of tariffs since the 80s. I really wish they would have taken him at his word about "beautiful" tariffs instead of projecting their own hopes on him.
Talking to myself:
Traditionally investments are split between stocks, bonds and cash. This to maximize growth - balance with bonds, according to risk profile and timing of when you need the money.
The Trump guys manipulating the stock market right now have lots of bonds.
Ok, Bill. Your next assignment is to figure out why your dumbfuck idol is so gung-ho about it. After that, figure out how a sycophantic idiot like you is anywhere above the pits of hell.
You are burying the lead that needs to be repeated over and over. Trump AND HIS TEAM are fine with crashing the economy BECAUSE A RECESSION to the top 1% looks like a sale at a candy store. They will buy up distressed assets and come out with a huge transfer of wealth frm the middle to the top.
Trumps advisors do run things, at least for a while. He’s not smart. They make him think it’s his idea. When his ego takes too big a hit he’ll change policy. He’s soft & easy to manipulate.
When they are spineless, that’s what they do. How anyone perceives any MAGAt or Republican as anything other than weak, craven, and spineless is beyond me.
Ackman is a disgusting creep. He voted for it and I hope he’s the one who leaps out the window once he loses his money (since he then will have nothing to live for)
If Trump cared as soon as the economy started to tank he would have fired people cuz that's what he likes to do. He wants to see this country broken because we tried to put hold him accountable, and he doesn't respect the people who didn't try to put them in prison cuz he thinks they're dumb.
Are you surprised? He’s just an investor. An activist one, that is.
Cause his analysis is shit, so he needs to cause trouble everywhere to then try and sell a fix for the same trouble he created in order to have influence and hope for a profit. He also comes from privilege.
Today is going to be the first of many horrible days. There’s over 200 Republicans in Congress that could make people’s lives better and yet they just won’t. The depravity is breath taking.
Hey Billy, what was so pressing in Florida for the Pres to intentionally attend a Saudi sponsored golf tourney and a million dollar a plate fundraiser, perhaps u were there, and DID NOT attend the arrival of our fallen US soldiers at Dover. Answer= Not a leader.
The important thing is that, as @meiselasb.bsky.social would say, “We, the People” know who we will hold accountable. And it sure as shit don’t stop with sycophant Lutnick.
In fairness, Pettyman Smallcock, with the might of the US government for enforcement, is the most powerful gangster in world history, and running afoul of him might not be wise.
Not sure why anyone pays attention to Ackman. He a common “master of small worlds” who had enough money to bully cowardly Harvard. A mouse that panicked an elephant is still a mouse.
My son was really great at this game. The king cannot do wrong, but he can be led astray by evil councilors like Cardinal Woolsey or Thomas Cromwell. It's a neat trick and all it takes is your subjects believing that you are ordained be God.
Also this isnt how cantor or fixed income works. Yes spreads may tighten from supply/demand dynamics, but that can be more than offset if the health of the underlying company deteriorates due to something like oh idk, a massive recession caused by tariffs
Aren't U.S. Bonds what other nations hold as collateral for our debt to them? If accurate, we ain't seen nuthin' like the economic devastation we'll see if those nations start calling it in. Japan holds around a trillion $$ of our debt.
The best excuse l have heard yet was on CSPAN from a man calling in saying they are a retired billionaire that the market was over inflated. Trump is correcting that wrong, and when the host pressed him on other retirees losing he said it was ill gotten wealth.Trump is just correcting the market.
The problem with that argument is that Trump's tariff nonsense is tanking stocks and bonds. Oh yeah, and gold. All I got left are a few beanie babies. I'm skrood.
This whiny MF Bill Ackman is another billionaire who pushed hard for Trump. Folks as y’all go broke, you can thank Mr Ackman for his brilliant advice. A little advice for all billionaires who supported Trump, hire some good security.
Why didn't Howard Lutnick die on 9/11? He certainly should have, along with all his Cantor Fitzgerald co-workers. The world would have been better for it.
What happened to The Buck Stops Here? Good leaders solicit advise from those around them and then make the best and most informed decisions. Trump takes no one’s advise. This is all on him and Ackman knows it and Ackman also knows he was an idiot to support Trump.
It was a bad idea when debt ceiling issues were on the line and Eric Cantor and Bill Gross of PIMCO shorted US Bonds, right before Eric going into negotiations and subsequently vetoing every way forward put forth, including those of his own party.
Trying to get rich bouncing checks to our military.
This goes to prove that money cannot buy class, honesty and integrity. All these greedy rich guys are just hypocrites, cowards, douchebags and filled with rot. I hope they all go bankrupt, suffer immensely and then go straight to hell!
He couldn't figure this out AHEAD OF LUTNICK'S CONFIRMATION! FFS....he sells himself as this brilliant ecnomic tactician. This proves that all of these uber rich assholes who think they know EVERYTHING, don't know one thing about government or governing. Fuck off, Bill...
It IS the advisors’ fault. Trump is the sick figurehead who loves to take the credit, but the conservative elites in the wings play his pathological narcissism like a fiddle. “This will make you look strong…this will burn the Libs.” But it’s their playbook. He’s not smart enough to write one.
They've never had an issue with a trump pick having an irreconcilable conflict of interest with the role they're appointed to before, even though it's the case with pretty much everyone he's ever appointed to anything.
That was how courtiers dealt with Kings in the Middle Ages. They never said HE was wrong. It was always his advisors who were advising him who were wrong.
If you admit to yourself that God is fallible, then you have to admit that he is not a god and putting your faith in him means you are a fool. They can't admit to themselves that they are fools.
Comments
Next we’re going to hear Susan Collin’s of the world express their grave concern about hypocrisy. 🙄
But, on the OTHER hand.....
I can't wait for the pointless plea videos soon.
https://lokiexcelsiorsmith.substack.com/p/but-why-tho?r=fd4u4
https://theconservativetreehouse.com/blog/2024/10/13/bill-ackman-presents-his-33-reasons-to-endorse-president-donald-trump/
Hmmmmm why is he upset if is not considering financial benefits?
Or accountability.
Or conflicts of interest.
Or irreconcilable differences.
That’s why a narcissist shouldn’t be POTUSing.
Traditionally investments are split between stocks, bonds and cash. This to maximize growth - balance with bonds, according to risk profile and timing of when you need the money.
The Trump guys manipulating the stock market right now have lots of bonds.
Big fucking surprise.
Now that it impacts me:
truth is irrelevant
And the “advisors”, or gutless enablers as normal humans call them,
KNEW PRECISELY what they were signing up for
ZERO sympathy for the self-serving opportunists trying to SPIN this assault on 🇺🇸
It’s an attack from within
Literally
I guarantee that when Trump said “I don’t pay taxes and that makes me smart” Bill nodded.
P.S. if the quote isn’t exactly right I don’t care
Cause his analysis is shit, so he needs to cause trouble everywhere to then try and sell a fix for the same trouble he created in order to have influence and hope for a profit. He also comes from privilege.
Reminds you of someone?
Didn't this muppet back trump?
I think his judgement and insight are somewhat tarnished.
When he figures out why trump went bankrupt 7 times, watch the brain cogs twirl then🤣🤣🤣
The plan... it's sinister
Hmmm....
It's good to be the king!
But an underappreciated reason is that it's a terrible idea to make second-rate dumbasses like Bill Ackman into massively influential billionaires.
https://en.m.wikipedia.org/wiki/Good_Tsar,_bad_Boyars
It is the role of the president to consider that advice and take appropriate actions. Not to blindly follow them.
There is only one signature required on an EO and it isn’t the treasury secretary.
Trump has long advocated a broad regime of tariffs.
This should not be a surprise. But they valued disappearing student protesters & being able to say racial slurs over reasonable economic policy
I have been calling him out, now is the time to give him credit
Trying to get rich bouncing checks to our military.