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Posted
3 hours ago, Gap03 said:

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Keep laughing, motherfuckers.

Season 9 Yes GIF by Friends

I really, really, hope that part of the anacyclosis is next. The most entertaining part of the destruction of a democracy. 

 

I made several thousand on the "repeal" yesterday. Put some spare cash in on the slight gamble that this was all about greed from trump a few days ago. Got out yesterday. 

Put some money in over the next 90 days until he repeats this all over again, which he will, and if the stupid markets respond that way again buy after a couple of days of the drop. This moron is extremely predictable. 

He's crashing our economy to manipulate the market and gain for himself. Just the most evil, corrupt, callous, and destructive way to con money that's ever been done by a government official in the US in history. And it's the president and the entire Republican party doing it together. This country is fucked beyond repair, and "we the people" pulled the trigger. 

I haven't checked the rates on the US Treasury bond market in the last couple of days, but during the tariff manipulation drop of several thousand points, the interest rates on long term US securities went up. Quite a bit. I'm not a historian on US bond rates, but I'd imagine that's the first time in a long time that's happened. 

The trump antics have ruined the US Treasury note as the gold standard in government securities around the world. No longer will countries around the globe park their money in large quantities at the lowest rates in the stability of US debt. The US notes will now have to offer higher and higher rates to entice buyers of our debt like we're fucking Cambodia or some other unreliable 3rd world shithole. Because we now are exactly that. 

Janet Yellen called this the worst self inflicted wound in the history of the US. For a country that runs a deficit in the $$$Trillions annually? A country whose president and ruling party are about to extend tax cuts on the rich again? This is economic disaster. This is the economic equivalent of getting hydrogen bombed. We will not be able to fund this debt going forward if this trajectory keeps up, and trump will start printing money. Which we should all know how that goes. 

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Posted
19 minutes ago, crash_davis said:

congress-stock-scandal-v0-ftpwvjssi1ue1.

A nice talking point, but they're not stupid.  The profiteering occurs in hedge funds, which are not registered with the SEC or subject to their oversight.

Yes, it is exactly what it looks like, and no, nothing will happen to anyone.  Same as it ever was.

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Posted
7 minutes ago, TexArcher said:

A nice talking point, but they're not stupid.  The profiteering occurs in hedge funds, which are not registered with the SEC or subject to their oversight.

Yes, it is exactly what it looks like, and no, nothing will happen to anyone.  Same as it ever was.

Hedge funds are regulated by both the SEC* and FINRA.  

 

*As long as they have assets over $150 million.  The ones that would profiteer off inside trading with members of Congress most certainly hit that amount.  $150 AUM is nothing.

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Posted
6 minutes ago, gsoda3 said:

Hedge funds are regulated by both the SEC* and FINRA.  

"Regulated."

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The SEC and its enforcement mechanism - as anything independent of what they are directed to do/not do by Trump - no longer exists.

Quote

The new executive order also establishes that “[t]he President and the Attorney General’s opinions on questions of law are controlling on all employees in the conduct of their official duties. No employee of the executive branch acting in their official capacity may advance an interpretation of the law as the position of the United States that contravenes the President or the Attorney General’s opinion on a matter of law, including but not limited to the issuance of regulations, guidance, and positions advanced in litigation, unless authorized to do so by the President or in writing by the Attorney General.”

There is no SEC.  Insider trading by affiliates of the Trump Regime is not a thing, as no entity can enforce it.

Are you starting to get it now?

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Posted
26 minutes ago, Brisketexan said:

"Regulated."

200w.gif?cid=6c09b952qy9oigxrdhvr6in75be

The SEC and its enforcement mechanism - as anything independent of what they are directed to do/not do by Trump - no longer exists.

There is no SEC.  Insider trading by affiliates of the Trump Regime is not a thing, as no entity can enforce it.

Are you starting to get it now?

Which employees of the executive branch are moonlighting at Hedge Funds?

Posted
46 minutes ago, gsoda3 said:

Hedge funds are regulated by both the SEC* and FINRA.  

 

*As long as they have assets over $150 million.  The ones that would profiteer off inside trading with members of Congress most certainly hit that amount.  $150 AUM is nothing.

 

The * is important.  There are tons of hedge funds that are intentionally kept below the registration and oversight threshold.

That's not even really worth getting into.  A lot of chicanerous shit has always happened in hedge funds.  Donnie and Friends profited massively from the last two weeks, on the downswing and again on the upswing, and he created both.

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Posted
Which employees of the executive branch are moonlighting at Hedge Funds?

Dude. DUDE. These things are not limited to “employees of the executive branch.” This is about the Trump Regime, which includes a shitload of people who are not technically employees of the government. There are people affiliated or connected to the Trump orbit who are getting special info/favors, to their immense profit. Do they then slip a little something to the Godfather, by any of a jillion mechanisms? Yep.
Wake. Up.
Posted
8 minutes ago, TexArcher said:

 

The * is important.  There are tons of hedge funds that are intentionally kept below the registration and oversight threshold.

That's not even really worth getting into.  A lot of chicanerous shit has always happened in hedge funds.  Donnie and Friends profited massively from the last two weeks, on the downswing and again on the upswing, and he created both.

 

Donnie and Friends are undoubtedly getting rich on this.  No question about it.  My issue is you said it's happening at hedge funds because they're not registered with the SEC and aren't subject to oversight.  That's just not true.   

 

1 minute ago, Brisketexan said:


Dude. DUDE. These things are not limited to “employees of the executive branch.” This is about the Trump Regime, which includes a shitload of people who are not technically employees of the government. There are people affiliated or connected to the Trump orbit who are getting special info/favors, to their immense profit. Do they then slip a little something to the Godfather, by any of a jillion mechanisms? Yep.
Wake. Up.

That EO you posted specifically said "employees of the executive branch".  Employees at hedge funds, including the partners, are not part of that EO and aren't exempt from SEC or FINRA requirements.  

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Posted
That EO you posted specifically said "employees of the executive branch".  Employees at hedge funds, including the partners, are not part of that EO and aren't exempt from SEC or FINRA requirements.  

Sigh. But the people who would enforce against the hedge fund people ARE subject to the EO. “Hey SEC, don’t enforce against the guys at Hedge Fund Alpha. They’re friends of the admin. Capiche?” That’s it. That’s how a fascist mafia state works.
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Posted
1 hour ago, gsoda3 said:

Donnie and Friends are undoubtedly getting rich on this.  No question about it.  My issue is you said it's happening at hedge funds because they're not registered with the SEC and aren't subject to oversight.  That's just not true.   

Some hedge funds are registered and regulated, and some are not.  What I said was that they were getting rich in hedge funds which are not registered and regulated.  We're saying the same thing differently.  But that doesn't really matter.  Fuck these profiteering fucking crooks.

Posted
1 minute ago, Francisco 2.0 said:

 

 

....and stuff like this is how it really gets going, and snowballs.  

We take our ball and go home....which leaves us stuck at home, inside and alone, with our ball.  Yay.  What sweet victory.

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Posted
Just now, TexasEd said:

Elon wondering if this is what winning looks like

 

I half expect Elon to demand some kind of punative action by Trump towards those mean folks in Brussels, or some kind of performative lawsuit.

I hope to hell that the Chinese government kicks money back to citizens of the EU for purchasing a Chinese branded EV.

 

 

 

Posted (edited)
11 minutes ago, Francisco 2.0 said:

 

I half expect Elon to demand some kind of punative action by Trump towards those mean folks in Brussels, or some kind of performative lawsuit.

I hope to hell that the Chinese government kicks money back to citizens of the EU for purchasing a Chinese branded EV.

 

 

 

Elmo about to learn THE lesson. Everyone in Trump's orbit goes down except him.

https://i.imgur.com/jj3Bzbi.png

 

Edited by Thatguy
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Posted
1 hour ago, Brisketexan said:


Sigh. But the people who would enforce against the hedge fund people ARE subject to the EO. “Hey SEC, don’t enforce against the guys at Hedge Fund Alpha. They’re friends of the admin. Capiche?” That’s it. That’s how a fascist mafia state works.

But they're not. The SEC isn't a government agency. 

Posted
3 minutes ago, gsoda3 said:

But they're not. The SEC isn't a government agency. 

are you making some sort of super subtle semantics point that i'm missing or something? are you talking about the conference within which the university of texas competes in sports?

or are you talking about the independent federal government agency created by the securities exchange act of 1934?

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Posted
6 minutes ago, gsoda3 said:

But they're not. The SEC isn't a government agency. 

What....the....fuck?  Because.....

Just now, sidis said:

are you making some sort of super subtle semantics point that i'm missing or something? are you talking about the conference within which the university of texas competes in sports?

or are you talking about the independent federal government agency created by the securities exchange act of 1934?

 

Posted
42 minutes ago, Francisco 2.0 said:

 

I half expect Elon to demand some kind of punative action by Trump towards those mean folks in Brussels, or some kind of performative lawsuit.

I hope to hell that the Chinese government kicks money back to citizens of the EU for purchasing a Chinese branded EV.

 

 

 

Maybe something like a tariff. 

Posted

Between claiming that the SEC isn’t a government agency over here and claiming Mark Cuban lost hundreds of millions of dollars on the Mavericks over in the basketball forum, gsoda is really on one this afternoon 

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Posted
27 minutes ago, Doc Sam Beckett said:

Ron calling Donald an ass clown got a chuckle. What's the deal with Mexico and Texas farmers that has the ass clown all worked up?

Texas is running low on water. We want Mexico to get us some.

There is some ancient treaty that may or may not mean they should give us some. I don't really trust Trump's interpretation of some ancient treaty.

I have a feeling it is one of those things that is technically true but everybody has just been ignoring it for decades. But I am not sure.

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Posted
3 hours ago, sidis said:

are you making some sort of super subtle semantics point that i'm missing or something? are you talking about the conference within which the university of texas competes in sports?

or are you talking about the independent federal government agency created by the securities exchange act of 1934?

 

Hah, no I completely messed up.

 

3 hours ago, Brisketexan said:

What....the....fuck?  Because.....

 

What I meant was they're not an executive branch agency.  They don't fall under that EO.  Their independence was intentionally created to shelter them from these types of circumstances.

Posted
On 4/9/2025 at 7:53 AM, Captainant said:

The only way to get """business leaders""" to change their minds is to have a multi-million dollar consulting contract tell you what you should think. So fuckin many of the executives I work with don't know their ass from their elbow and are just cravenly cashing checks and blindly co-signing whatever dumb shit OW or Deloitte are pushing this year. Nevermind that it's just a turn around from the previous direction, which was a turn around from the one prior.

They don't know their business, they just know how to dance for the stock market so they'll get their quarterly bonus before they jump ship to the next host for their parasitic existence

I've never really been in corporate America but what you describe is basically what I've always assumed. The concept of consulting has always amused me. Seems a lot like paying people to do work you could do yourself just so you can scapegoat them if it goes poorly or is unpopular. 

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Posted

Oh really?  You don't say?  So it's happening just like we ---- and every economist from Adam Smith to Thomas Sowell to Ludwig von Mises ---- said it would?

 

Amazon CEO.jpg

10 hours ago, royiv said:

Rupar posts on Bluesky and the video has already been posted here via that platform. Get off of Twitter.


No.

Posted
17 hours ago, Firemans4Horn said:

 

I saw this handy chart that helps illustrate the point Furman is making.  I wish there was a column that showed the tariff situation pre-Trump.

 

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