"When a feebleminded lunatic runs the world's most well-funded war machine, it's best to worry and risk being accused of overreaction. The problem is that a significant swath of Americans aren't alarmed enough. ...

I am speaking of the 'Trump Always Chickens Out' maxim that has taken root since the beginning of Trump's second term."

~ Jason Linkins

#Trump #TACO #WallStreet #EconomicElites #morality #InsiderTrading #StockMarket
/1

https://newsletter.tnr.com/index.php?action=social&chash=4c2e5eaae9152079b9e95845750bb9ab.3020&s=cdd6377d8462caad2b4695418c877aea

“TACO” Trump is a dangerous mirage

A weekly accounting of the...

"This refers to the persistent belief that Trump is perpetually climbing down from his most dire threats—a paper tiger forever on the verge of folding. ...

It's fitting that the TACO meme was largely birthed by Wall Streeters, operating under the shield of plutocratic wealth and chronic naïveté that is intrinsic to the financial services sector. ...

Trump's TACO cycle continues to be fodder for insider trading and market manipulation."

#Trump #TACO #WallStreet #EconomicElites #morality
/2

"We bear the cost of Trump's belligerence and suffer psychically as he swings from one unimaginable threat to the next. Meanwhile, insiders get to manipulate the mass media and the markets to further their authoritarian political goals and self-enrichment. This TACO party is proving to be extremely profitable for an elite few, but I'd bet you won't be invited to it anytime soon."

#Trump #TACO #WallStreet #EconomicElites #morality #InsiderTrading #StockMarket
/3

"A high-profile US defense department official who oversees the agency’s artificial intelligence efforts made a profit of up to $24m selling a private investment he held in Elon Musk’s AI company earlier this year, according to government ethics records released this month. The value of his stake totaled a maximum of a million dollars when he joined the department."

~ Aram Roston

#Trump #InsiderTrading #EconomicElites #StockMarket
/4

https://www.theguardian.com/us-news/2026/apr/09/pentagon-ai-xai-emil-michael

US defense official overseeing AI reaped millions selling xAI stock after Pentagon entered agreement with company

Expert said federal law bars officials from taking actions in their jobs that benefit their own financial interests

The Guardian

"Emil Michael, who is the Pentagon’s under secretary for research and engineering under the Trump administration, oversees negotiations with AI companies and has been pushing the defense department to rapidly increase the widespread use of AI."

#Trump #InsiderTrading #EconomicElites #StockMarket
/5

"This is how the ratchet of normalization works—Trump makes the unthinkable thinkable, and when the worst-case scenario doesn’t come to pass, we all breathe a collective sigh of relief. But it’s time to stop seeking refuge in the familiarity of this pattern. Trump threatened to commit genocide in the context of an illegal war."

~ Matt Johnson

#Trump #TACO #morality
/6

https://www.theunpopulist.net/p/america-needs-to-impeach-trump-for

America Needs to Impeach Trump For its Own Moral Health

Even an unsuccessful effort will show that many Americans reject threats of genocide to win a war

The UnPopulist

" It would be fantastically irresponsible to retreat to comfortable rationalizations about 'TACO' or how Trump should be taken 'seriously' instead of 'literally.' We can’t be expected to know the inner workings of Trump’s mind, but even if he was faking it, the terror for Iranians of the mere hint of nuclear annihilation was all too real. That matters."

#Trump #TACO #morality
/7

"The recent rash of curiously well-timed trades in prediction markets is one example of how those who have drawn up chairs to Trump’s banquet table appear to be feasting at public expense. …

This kind of insider trading is not some victimless crime."

~ Catherine Rampell

#Trump #InsiderTrading #EconomicElites #StockMarket
/8

https://www.thebulwark.com/p/trumps-economy-insider-trading-pardoning-criminals-chumps

Trump’s Economy: You’re Either an Insider or a Chump

The president is enriching friends, pardoning criminals, and impoverishing everyone else.

The Bulwark

"When traders front-run a market-moving Trump post, or a military announcement, or some other confidential or classified information, they’re taking money from all the other investors who didn’t have access to that inside information. Put another way: They’re taking money from your 401(k). Or your teachers’ pension funds. Or mom-and-pop investors. Again, all the chumps and suckers who don’t have a direct line to the president."

#Trump #InsiderTrading #EconomicElites #StockMarket
/9

@wdlindsy “he never follows through” one day becomes “I can’t believe he did that!!!”

It seems to me like classic “the boy who cried wolf” mentality

@wdlindsy

trump's threats to commit genocide were given more credence by that fact that he is allied to a country that is currently committing genocide.

#israelterroriststate #trumpwarcrimines

@wdlindsy I always took that slogan as more of a "let's put this in terms his idolizers might understand" than a face-value assertion, but yeah -- the objective problem with it has always been that the point at which he finally backs down may be long after the damage is done. ...and it never stops there.