Treason in the Futures Markets
https://paulkrugman.substack.com/p/treason-in-the-futures-markets
Treason in the Futures Markets
https://paulkrugman.substack.com/p/treason-in-the-futures-markets
"Treason" seems a bit much. We put a very high bar on that term because it comes with the most serious consequences.
The fact that nobody seems particularly surprised by it suggests that the damage is long since done.
We (the US) put a high bar on it because the Crown was using it as a way to attack political enemies and we didn’t want to follow suit. It is such a high bar in this country that it is effectively dead law, as nobody has been tried for it since soon after WWII, and very very few people have been convicted, and of those several had their convictions overturned.
The current administration does, however, throw the term around against its political enemies quite a bit, as have people in general pretty much throughout history.
You don't think starting a war apparently to distract the media, then lying about peace talks solely to drain money from the markets is treasonous?
How about when combined with all the tariffs, which seem designed to be market levers and/or just vindictive acts?
Pushing businesses to the edge, plunging people into poverty, so your cronies and you can drain money from the stock market?
Or taking bribes using crypto? Or ...
They all seem treasonous - actively harming your own country to enrich yourself.
Even if you don't find them treasonous, you have to admit they're in contravention to the emoluments clause; so Congress should still impeach the evil bastard.
And we haven't even started on his crimes beyond the simple financial ones from the last year!