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The surprising part is that people are still surprised. Trump can do whatever he wants and there will be no pushback. We are talking about the guy who launched

by paxys 2y ago

The surprising part is that people are still surprised. Trump can do whatever he wants and there will be no pushback. We are talking about the guy who launched a meme coin a few days before taking office and made $50B+ overnight.

nickthegreek 2y ago
I think those chickens just haven’t come home to roost yet. His wife launched her coin today. There is no way this isn’t being looked at closely. Impressively quick start to the new shit show.
- munificent 2y ago
  > I think those chickens just haven’t come home to roost yet. People have been saying that about Trump's antics literally his entire life.
  - jmb99 2y ago
    Exactly. He’s a convicted felon, and so what? It doesn’t matter. What’s an investigation into a meme coin going to do, other than cost taxpayer money and give Trump the chance to say more sound bites?
- evan_ 2y ago
  > There is no way this isn’t being looked at closely. Who's going to look at it? Whichever sycophant ends up being AG?
- kelnos 2y ago
  Closely by whom? Tomorrow, Trump and his sycophants will control the DoJ. If you're talking about a future administration, we've already seen what happens when Trump leaves office and people try to hold him accountable: absolutely nothing.
- lumost 2y ago
  He is now immune from prosecution, financial crimes will be pretty low on the list of things that would breach the Supreme Court’s ruling on this matter. I could see a world where the lawyers have cooked a progressively more egregious set of legal violations to test the bounds of the new authority granted by the Supreme Court. Up next is probably a mandate that foreign diplomats/us government employees stay at trump properties at exorbitant prices for “security purposes”.
  - ModernMech 2y ago
    Up next? They already did that the last term, when Pence was forced to stay at a Trump property in Ireland. They actually had to go out of their way to stay there, so it cost all of us more in taxes, and Trump ended up with the profit. Totally fine, some consternation in the press, but ultimately Trump profited and no one did anything. So yeah we will see more of that in the next term.
seanieb 2y ago
A wide open door to get foreign political donations (see: bribery) in plain sight.
richardw 2y ago
Is the US dollar going to survive this presidency? Honest question. I can easily see a path to replacing it with enough political/VC will.
- chrisco255 2y ago
  > Is the US dollar going to survive this presidency? Honest question. 1000% yes. Not only is it going to survive, but it will probably beat out all other major fiat currencies over the next 4 years.
  - _heimdall 2y ago
    Beat them out in what way, or by what metrics? If you're comparing against other major fiat currencies that's a pretty easy bet. The only way the dollar loses meaningfully, or fails completely, is if it is no longer the reserve currencies given priority over those other fiat currencies. This has to happen eventually but it seems pretty safe to say it won't happen within four years.

by paxys 2y ago

nickthegreek 2y ago

I think those chickens just haven’t come home to roost yet. His wife launched her coin today. There is no way this isn’t being looked at closely. Impressively quick start to the new shit show.

munificent 2y ago
> I think those chickens just haven’t come home to roost yet. People have been saying that about Trump's antics literally his entire life.
- jmb99 2y ago
  Exactly. He’s a convicted felon, and so what? It doesn’t matter. What’s an investigation into a meme coin going to do, other than cost taxpayer money and give Trump the chance to say more sound bites?
evan_ 2y ago
> There is no way this isn’t being looked at closely. Who's going to look at it? Whichever sycophant ends up being AG?
kelnos 2y ago
Closely by whom? Tomorrow, Trump and his sycophants will control the DoJ. If you're talking about a future administration, we've already seen what happens when Trump leaves office and people try to hold him accountable: absolutely nothing.
lumost 2y ago
He is now immune from prosecution, financial crimes will be pretty low on the list of things that would breach the Supreme Court’s ruling on this matter. I could see a world where the lawyers have cooked a progressively more egregious set of legal violations to test the bounds of the new authority granted by the Supreme Court. Up next is probably a mandate that foreign diplomats/us government employees stay at trump properties at exorbitant prices for “security purposes”.
- ModernMech 2y ago
  Up next? They already did that the last term, when Pence was forced to stay at a Trump property in Ireland. They actually had to go out of their way to stay there, so it cost all of us more in taxes, and Trump ended up with the profit. Totally fine, some consternation in the press, but ultimately Trump profited and no one did anything. So yeah we will see more of that in the next term.

seanieb 2y ago

A wide open door to get foreign political donations (see: bribery) in plain sight.

richardw 2y ago

Is the US dollar going to survive this presidency? Honest question. I can easily see a path to replacing it with enough political/VC will.

chrisco255 2y ago
> Is the US dollar going to survive this presidency? Honest question. 1000% yes. Not only is it going to survive, but it will probably beat out all other major fiat currencies over the next 4 years.
- _heimdall 2y ago
  Beat them out in what way, or by what metrics? If you're comparing against other major fiat currencies that's a pretty easy bet. The only way the dollar loses meaningfully, or fails completely, is if it is no longer the reserve currencies given priority over those other fiat currencies. This has to happen eventually but it seems pretty safe to say it won't happen within four years.