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That's a given, but what is the excuse for Bessent and so on, who are clearly very smart. Just in a really bad way.
by cmrdporcupine 5mo ago
That's a given, but what is the excuse for Bessent and so on, who are clearly very smart. Just in a really bad way.
- thatguy0900 5mo agoTo some extent those people have all been vastly enriching themselves with insider trading. They're going to be getting pardons as well. What's the worst that will probably happen to them, they retire to some country with their new fortunes?
- kashunstva 5mo agoBessent is really smart? It’s possible he may be; but he communicates so poorly, that unless you knew anything of his background (I do not.) then it would be hard to assess. If he understands anything about monetary policy, apart from personal enrichment - which of course is a given in this administration, one couldn’t discern that from his public utterances.
- cmrdporcupine 5mo agoI'd say it's not ... smart about economics. No, he clearly is not. He's a blunt ideological tool for a kleptocracy. More smart about politics and power in the Machiavellian sense.
- SpicyLemonZest 5mo agoThey correctly understand that a boss who randomly assigns them new shoes (https://archive.is/2Z4qS https://archive.is/2Z4qS) is too far gone and will not reward them for bringing attention to political issues he thinks are fake news. I'm sure Bessent is already planning his tell-all memoir about how he worked hard behind the scenes against the scheming viziers who were causing all the problems.