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Saw this movie with Enron execs pumping stock while sitting on inside info, 2001. Difference now is it's the President doing it in the open, no SEC pretending to look. Crypto just made the grift frictionless.
It's like looking at the EU now and wondering, how did they not see this glaring dependency before now? Both the petro energy source and the US military support were never as secure as it seems they were assumed to be.
Here in the US, we're still sitting on a constitution from 250 years ago. Apparently no one though an incoming presidential administration would rape and pillage the place like we've seen in the last year and a half.
European countries did largely overhaul their constitutional documents after WWII. The EU in general has much more modern legislative bodies, and electoral systems.
Here in the US, we're still stuck with founding documents that expect Pony Express to deliver the ballots 8-/
My guess is that the discussions lead nowhere except to predictable rants about America = bad. There is no discourse here, no rational conversations, just the same ranting we see over and over.
2020 wasn't even about crypto grift though, different animal. Prosecuting a sitting president's business deals while running the country is a whole different cost-benefit than anything Biden's DOJ weighed. Nobody's built that playbook yet.
Biden ran on a platform of Back to Normal. That’s what voters wanted after four years of crazy.
I think the zeitgeist today is different. Because Trump has dialed the crazy up to eleven in his second term and a lot of Dems are now pissed. That’s why democratic socialism/leftism is having a resurgence. And, based on what I’m seeing on the ground, there’s now a strong appetite for justice and retribution.
the system is such that the only incentive career politicians (and we don't have other kind anymore) is the campaign. they make the same money if they lose. why would they win? its a lot more work! they just have to keep it at a minimum to be considered for next campaigns.
Oh sweet summer child. Both Republicans and Democrats won’t do anything.
Given that many of these members of congress of both parties were stock trading ahead of key legislation being announced they won’t do anything to change that.
After Biden pardoned his family members, I would be surprised if Trump didn't complete his term by pardoning his family and all those that he works with.
It is – to my knowledge – an unsettled question, technically speaking, whether a president can pardon themselves. I would be unsurprised if he tried anyway, though.
Of course, states could still pursue actions against them, but I wonder in which cases they'd have standing / clear cases to pursue.
> I would be surprised if Trump didn't complete his term by pardoning his family and all those that he works with.
As we have learned, we can ignore all of that, or they can find ways around this. The Supreme Court has made it clear the President has amazing powers.
Unfortunately, it would seem the majority of dems are just jealous that they don't have the chutzpah to be so flagrantly, blatantly corrupt, and stick to less lucrative and more established corrupt practices.
See, discussions like this go nowhere productive, but it's not because the people are incapable of productive discussion, or because the subject matter is incapable of being discussed productively. It's just that there's literally nothing productive to say about this complete and utter fuck show. We live in a world where the most accurate prediction of the world 10 years from now is current-day satire. There is nothing sensible to be said about the state of affairs of politics.
Prosecute on what charges though? Taking crypto payments isn't illegal unless you can prove quid pro quo, and good luck subpoenaing foreign buyers of a memecoin for that.
Don't underestimate it. His net worth increased more from crypto in the past 2 years than it did in 30 years of being a new york real estate nepo baby, when his net worth basically treaded water
What baffles me is, how do the people who like him justify this to themselves? Do they just pretend it's not happening? Like, this is third world dictator levels of corruption, but the third world dictator's corruption is _usually_ not so blatantly visible while it's going on. This is all very... out in the open.
The Overton Window has shifted so far that what would have previously been regime ending scandals are now everyday occurrences.
Also, you're right about the media being cowardly but there's also just too much to report and keep people updated on. Even the more independent outlets who try ... can't.
They could skip coverage of the UFC fight, and Kennedy Center name, the reflecting pool, and the 250th carnival, and WH ballroom, and all the things that are practically nothing compared to all the other f*ckery.
> but there's also just too much to report and keep people updated on
This is the biggest indictment of the media, they can't summarize or aggregate? It's not giving the public a true picture. Crooks can get away with corruption in plain sight merely by doing lots of it? It beggars belief.
Remember how they were talking about Biden's son being on the Burisma board for or something? That was literally a corner of a peanut compared to the corruption we have now. MAGA? Is this great?
Tracked WLFI's token unlocks on-chain when this launched. Liquidity got seeded same week as the $TRUMP memecoin dinner announcement, no coincidence. Gas fees on their swaps were weirdly subsidized too, someone was eating costs to keep volume looking healthy.