Seems like intentionally damaging the full faith & credit of the United States in order to do insider trading for the benefit of your political supporters could be an impeachable offense.
He told people to buy stocks only minutes before he announced the new policy of pausing tariffs for 90 days.
The Republican Party is using our government and US stock market to conduct the most massive insider trading & racketeering scheme in US history.
"Somebody just made BILLIONS off this tariff-based manipulation of the markets." Tristan Snell, prosecuter in the Trump U. fraud case
International security analyst: Trump Admin will "be investigated for market manipulation."
Cybercrime expert atty Jackie Singh: "pump & dump schemes were previously an exclusive realm of fraudsters, & considered prosecutable criminal activity"
History prof: "Trump's cronies are making millions from market manipulation & speculation"
https://www.alternet.org/insider-trading-trump/
After one of the best days on Wall Street since World War II, fueled by President Donald Trump and his team's conflicting messages and actions on tariffs, questions are swirling over possible insider trading, market manipulation, and "pump and dump" schemes.President Trump's announcement that he is ...
Reminds me so much of the Very Serious & Rational Men reassuring everyone during his Twitter purchase that Musk was 1) a business person with sane business reasons & also somehow 2) just a dumb-dumb.
One thing it DEFINITELY WASN'T - you paranoid & hysterical ladies - a non-economic move to achieve his right wing political goals.
Anyhoo.
I think the "Trump is just a dummy who knows nothing about the market" takes are lazy & encourage us to be lazy & let further harms pass by without action.
There are massive apparatuses with many people in them, that drive these market moves by the GOP who run the US govt now. It's not all being run by Trump. It's very naive to approach this with One Big Man theory.
Like, congrats Jon Favreau, you wrote a snarky post that reads well with your liberal readership.
“Art of the Deal: 1) Impose massive tariffs on nearly every country that crash the markets and create the conditions for global economic collapse 2) Make zero deals with zero countries 3) Pause tariffs 4) VICTORY!!”
Great, you can all clap each other on the back about how GOP idiots are being dumb.
It's true as far as it goes, but also shows you completely unprepared to do counter it.
I am glad some Very Serious Men are finally ringing alarm bells and honestly, the more the merrier, but I just can't believe they think they're still the best people to be in charge of this battle, given past performance.
Never tired of failing up. I'm just dumbfounded most of the time now.
I was read-only checking my Gamer list on Twitter; was that the "Art of the Deal" thread that was trending under What's Happening?
Glad I didn't bother to click through and look at it
Yeah just went back to Twitter and did a quick search and that was Favreau's post there
Maybe he cross-posted
@chargrille Favreau won't get it, because he's already got his, and although I think he's likely sincere in his opposition to everything, to trump's fascism, I can see that, but the smarmy insider Obama-Bro guys are just going to try to sell everyone on going back to the neoliberal status quo.
That said, I do enjoy listening from time to time.
He knows exactly what he is doing. The Tariff negotiations weren't with other countries, they were with wall street. He can yank that chain and the markets in whichever direction suits him and his associates.
IMHO it's both: It's well documented he has held these lunatic tariff and trade deficit beliefs for decades. IIRC first publicly documented in the 1980ies. In that sense he doesn't know what he's doing.
But he's been a criminal and fraudster all his life, so ofc he knows exactly he can enrich himself, his cronies and donors by market manipulation.
@chargrille I agree with your reasoning. I think Trump is obviously stupid. But he also knows a good con or fraud when he hears one. So he seems to have surrounded himself with all sorts of cronies who (I think) are pitching crazy ideas to get rich quick. And he goes along with them and does his part. I don’t think of Trump as some mastermind. He’s in charge, but he’s not the brains of the operation and he’s definitely not the muscle. He’s involved, but it takes teamwork to fuck shit up at this scale.
for context....
F-elon is a conman
https://www.dailykos.com/stories/2025/4/8/2311133/-Elon-s-Other-Colossal-Con
Follow the money...
Alwaleed bin Talal is in charge of Saudi Arabia's sovereign wealth fund.
https://electrek.co/2025/04/07/elon-musk-sets-stage-tesla-bail-out-twitter-xai-insane-valuation/
https://en.m.wikipedia.org/wiki/Al_Waleed_bin_Talal_Al_Saud
Sovereign wealth funds are notorious for their criminal level public corruption
https://www.bloomberg.com/news/articles/2018-03-15/alwaleed-s-kingdom-is-said-to-revive-talks-for-1-billion-loan
He was incarcerated by MBS for 83 days
https://www.bloomberg.com/news/articles/2017-11-05/kingdom-holding-posts-profit-as-billionaire-chairman-is-arrested
The Saudis hacked Bezos phone & who knows what extortion resulted
1/
2/
He's invested billions in a succession of Musk's businesses and lost money each time, yet still invests again.
https://www.washingtonpost.com/technology/2024/09/01/musk-twitter-investors-underwater/
The non-monetary goal that petrostate despots want to achieve is the end of any democracy daring to act on climate change.
https://www.aljazeera.com/news/2022/10/28/saudis-kingdom-holding-company-to-maintain-twitter-stake
https://www.newsweek.com/full-list-investors-elon-musks-x-revealed-court-filing-1942970
https://www.thenationalnews.com/future/technology/2024/05/27/elon-musk-xai/
Who knows what techbros like Larry Ellison, Peter Thiel, & Musk are doing to help...
3/
... the fossil fuel industry remain ascendant.
https://www.sfchronicle.com/tech/article/project-2025-oracle-19654875.php
https://www.washingtonpost.com/politics/2022/05/20/larry-ellison-oracle-trump-election-challenges/
Ditto for the six dynasties funding Project 2025 that Trump's enacting with tariffs.
Bradley, Coors, Scaife, Koch, Seid, Uihlein.
And yes, fossil fuel interests are willing to start world wars to keep frying the planet.
https://www.desmog.com/2016/01/21/beyond-koch-brothers-scaife-olin-bradley-jane-mayer-dark-money/
@chargrille
I said this was clearly #MarketManipulation and evidence of a "Pump & Dump" scheme in two posts on Tuesday. Clearly, I'm not the only one who saw it.:
https://mastodon.social/@MugsysRapSheet/114304540458537505
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