3 ms·

This is a manipulation enabler. I’m surprised no one is mentioning this, but it’ll allow companies like SpaceX and Tesla to avoid scrutiny. The other changes th

This is a manipulation enabler. I’m surprised no one is mentioning this, but it’ll allow companies like SpaceX and Tesla to avoid scrutiny. The other changes the SEC and NASDAQ are rushing all have donors behind them. That’s how this openly corrupt administration works but it’s also how America has generally operated in the past, only to a smaller degree.

mmooss 8mo ago
> it’s also how America has generally operated in the past It's not. That's why we have the rules that they are recinding, and why the US has long had among the the most transparent, safest, and liquid markets in the world. Saying that 'it's always been this way' is a really concerted effort to bury one's head in the sand.
- SilverElfin 8mo ago
  I was talking about the broader way things work, not necessarily for the SEC specifically - although they’re also subject to this phenomenon. Lobbying in America, and the revolving door between industry and government agencies, is a core part of American politics and economics. Long before the Trump administration.
  - mmooss 8mo ago
    Again, it was not always this way. It's like saying drownings happened before the tidal wave, so it's always been this way. People will put up any defense against facing and acting on the reality of their situation.
GolfPopper 8mo ago
>This is a manipulation enabler. One facet of the Trump administration that still manages to surprise me is now some action that is nakedly corrupt, or stupid, or destructive will be undertaken, and people will scramble to come up with explanations for why it might be done in good faith, or as part of some clever plan. We've been watching Donald Trump operate in national politics for over a decade (and seen him in business for far longer). Why on Earth would anyone ever give him the benefit of the doubt at this point?
- catlover76 8mo ago
  [dead]
- red-iron-pine 8mo ago
  rubes gonna rube

mmooss 8mo ago

> it’s also how America has generally operated in the past It's not. That's why we have the rules that they are recinding, and why the US has long had among the the most transparent, safest, and liquid markets in the world. Saying that 'it's always been this way' is a really concerted effort to bury one's head in the sand.

SilverElfin 8mo ago
I was talking about the broader way things work, not necessarily for the SEC specifically - although they’re also subject to this phenomenon. Lobbying in America, and the revolving door between industry and government agencies, is a core part of American politics and economics. Long before the Trump administration.
- mmooss 8mo ago
  Again, it was not always this way. It's like saying drownings happened before the tidal wave, so it's always been this way. People will put up any defense against facing and acting on the reality of their situation.

GolfPopper 8mo ago

>This is a manipulation enabler. One facet of the Trump administration that still manages to surprise me is now some action that is nakedly corrupt, or stupid, or destructive will be undertaken, and people will scramble to come up with explanations for why it might be done in good faith, or as part of some clever plan. We've been watching Donald Trump operate in national politics for over a decade (and seen him in business for far longer). Why on Earth would anyone ever give him the benefit of the doubt at this point?

catlover76 8mo ago
[dead]
red-iron-pine 8mo ago
rubes gonna rube