Originally posted by pchang
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Trump finally admits US businesses pay for his tariffs
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Trump is an incredible grifter. He does not create wealth, but is an expert at transferring wealth from others to himself. See his past: https://www.washingtonpost.com/busin...b54_story.html. Now, he has the opportunity to transfer the wealth of the US tax payer to himself. During his first term, he passed a huge tax break for owners of Real Estate Investment Trusts. Accordingly, I transferred a decent chunk of my investments to REITs. Now, he is promoting crypto to create huge wealth for himself from all those buying up crypto. After the latest election, I put a bunch of money into MSTY and have been collecting huge dividends ever since. His TACO announcements have created big, but predictable swings in the stock market. Since, I can't be bothered to day trade anymore, I have just been holding through the ups and downs.
So, while Trump has been bad for the economy, one can profit handsomely from his predictable, self-serving behavior. I suppose I should thank all the MAGAs like MWHC for funding my early retirement, but mainly I just feel pity for their descent into self delusion.
Last edited by pchang; June 6, 2025, 19:48.“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of Man
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Originally posted by pchang View PostTrump is an incredible grifter. He does not create wealth, but is an expert at transferring wealth from others to himself. See his past: https://www.washingtonpost.com/busin...b54_story.html. Now, he has the opportunity to transfer the wealth of the US tax payer to himself. During his first term, he passed a huge tax break for owners of Real Estate Investment Trusts. Accordingly, I transferred a decent chunk of my investments to REITs. Now, he is promoting crypto to create huge wealth for himself from all those buying up crypto. After the latest election, I put a bunch of money into MSTY and have been collecting huge dividends ever since. His TACO announcements have created big, but predictable swings in the stock market. Since, I can't be bothered to day trade anymore, I have just been holding through the ups and downs.
So, while Trump has been bad for the economy, one can profit handsomely from his predictable, self-serving behavior. I suppose I should thank all the MAGAs like MWHC for funding my early retirement, but mainly I just feel pity for their decent into self delusion.
Tesla Inc. (TSLA) – Protesters have targeted Tesla due to Elon Musk’s role in the U.S. Department of Government Efficiency (DOGE), which has led to federal agency cuts.
Amazon.com Inc. (AMZN) – Amazon has faced boycotts over its perceived alignment with Trump’s policies, particularly regarding DEI rollbacks.
Meta Platforms Inc. (META) – Meta has been criticized for policy changes that align with Trump’s administration, leading to consumer backlash.
Target Corp. (TGT) – Target’s decision to remove some DEI programs has prompted a 40-day consumer boycott.
Walmart Inc. (WMT) – Walmart has faced criticism for reversing DEI policies, leading to calls for consumer boycotts.
Not much overlap. I think perhaps these efforts are barking up the wrong tree if they want to inflict even the slightest damage on Trump financially.
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Originally posted by Uncle Sparky View PostSo, one week after the T.A.C.O. question, Trump very bravely raised the steel and aluminum tarriffs to 50%, to prove he's no chicken. (remember Back to the Future?)
Now that we know how to motivate him (other than $$$$$), what next? How about, "Musk is mocking and undermining you. He isn't really an real American - you should have ICE pick him up... unless you're CHICKEN!"No, I did not steal that from somebody on Something Awful.
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Originally posted by The Mad Monk View Post
So apparently Trump is threatening to cancel Musk's government contracts now.
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So, considering my TACO post the other day, and how tRump and Musk are now bashing each other, do Elon and tRump both read 'Poly OT? Ming?
Also, what we are seeing is proof that women are too emotional for the presidency...There's nothing wrong with the dream, my friend, the problem lies with the dreamer.
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Originally posted by Ming View PostAnybody that didn't know that Trump was just a vindictive little cry baby hasn't been paying attention at all.
Trump is not fit to be president.
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