this post was submitted on 10 Apr 2025
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[–] echo@lemmings.world 316 points 5 days ago (2 children)

And to think, Martha Stewart went to prison for something far milder.

[–] barneypiccolo@lemm.ee 32 points 5 days ago (3 children)

That was back when they would weaponize celebrity prosecutions to keep everyone else in line - Martha Stewart for insider trading, Willie Nelson for tax evasion, etc. When the rubes see an occasional celebrity get punished, they get back into line like good little serfs.

[–] Doctor_Satan@lemm.ee 12 points 5 days ago

Martha Stewart for insider trading, Willie Nelson for tax evasion

Tommy Chong for bongs.

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[–] ExtantHuman@lemm.ee 6 points 4 days ago* (last edited 4 days ago)

Prosecuted by none other than Comey, whose actions we can directly blame for giving us this dipshit in office, years later.

He cooked up charges to take down the first woman billionaire, then did almost the same thing to stop the first woman president.

[–] sigmabot@crazypeople.online 21 points 4 days ago

only green mario can save us now.

[–] aesthelete@lemmy.world 19 points 4 days ago* (last edited 4 days ago)

Stock market manipulator-in-chief

[–] LordCrom@lemmy.world 218 points 5 days ago (5 children)

Isn't this one big case of insider trading?

[–] LuxSpark@lemmy.cafe 119 points 5 days ago (1 children)

Well, yes. This is going to be one grift after another, with nazi stuff thrown in.

[–] cronenthal@discuss.tchncs.de 16 points 5 days ago

This is exactly it.

[–] neuracnu@lemmy.blahaj.zone 82 points 5 days ago (2 children)

I believe so, but they're going to use the public tweet to argue that the tip was public. "It's not insider trading if it's all out in the open."

Mafioso shit.

[–] CmdrShepard42@lemm.ee 49 points 5 days ago (1 children)

That's honestly an interesting strategy. Trump is immune from the law so he can signal to his cronies using public social media posts and everyone walks away scott free

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[–] Doctor_Satan@lemm.ee 8 points 5 days ago

“It’s not insider trading if it’s all out in the open.”

It's market manipulation. Still a crime, though we all know nothing will be done about it.

[–] atzanteol@sh.itjust.works 22 points 5 days ago

Insider trading is not illegal per se. It comes with various restrictions depending on who you are but they don't apply to everybody.

This is just corrupt as shit, which is seemingly perfectly allowable.

[–] mkwt@lemmy.world 10 points 5 days ago (1 children)

Insider trading is where the one doing the trade has insider information. This "tweet" ("Truth"?) cannot be insider information by definition.

Could Trump administration figures do insider trading on the basis of more explicit insider information? Absolutely. Does this message prove any of that? No.

[–] meyotch@slrpnk.net 19 points 5 days ago

Correct, not insider trading, just an egregious abuse of power justifying his removal from office.

[–] AA5B@lemmy.world 4 points 5 days ago

Plausible deniability - there was a public recommendation by a stable genius. Maybe people read his media site and follow his recommendations. Stranger things are happening every day

And orangeboi made himself above the law

[–] barneypiccolo@lemm.ee 87 points 5 days ago (7 children)

It's so obvious that this was deliberate market manipulation from the beginning. People seem to forget that he's done this monthly since his innauguration. Its like its his menstrual cycle or something.

Only a corrupt president could do this type of market manipulation, so of course he would exploit that opportumity ruthlessly.

And this isn't the last time, he will do it again. He announced a 90 day pause, so maybe he's going to slow it down, since this one got so hot it threatened to boil over.

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[–] Reverendender@sh.itjust.works 124 points 5 days ago* (last edited 5 days ago) (25 children)

It's almost like the whole thing is a con, designed to siphon all money from the rest of us into the bank accounts of the 1%.

[–] N0body@lemmy.dbzer0.com 49 points 5 days ago

The best part is that when they manage to fuck up on an industrial scale and crash their insider trading money printer, the taxpayers end up bailing them out.

The whole world suffers, and they use the people’s money to buy the dip and profit even more when the fixed game comes back online shortly.

[–] Hobbes_Dent@lemmy.world 24 points 5 days ago* (last edited 5 days ago)

Twice. Spit roasted.

Tariffs feed paycheque to paycheque money from the 99% to the government, which is openly funneling it to the 1%.

Meanwhile they’re manipulating the market on a global scale with the backing of the 0.01% and the wealth of the 99.99% as hostage, allowing them to effectively transfer the savings of the 99% to the 1%.

And it’s just being allowed. These are the fucking bad guys in the movie building a spaceship ark for the elite instead of stopping the SharkWeekCano from destroying the galaxy and I guess everyone missed the messages in the movies to put it mildly.

Reagan only said “trickle down economics “ because pee jokes offend.

Edit: oh shit, I forgot that they’re also taking everyone’s public services with some kinda double-dong by gutting the IRS and firing the civil service. Also moving money upwards to those the IRS can’t even fight for the meager tax the elite won’t pay while taxes will rise at a local level for those that don’t want their towns to burn down or have schools. I guess it keeps the spit stable.

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[–] huppakee@lemm.ee 73 points 5 days ago (1 children)
[–] bane_killgrind@slrpnk.net 19 points 5 days ago (7 children)

Crazy that it's so transparent

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[–] AlexStargazer@lemmy.world 9 points 4 days ago

This foreigner ain't buying any dollar-denominated stocks. The long term prognosis doesn't look great.

[–] ano_ba_to@sopuli.xyz 21 points 5 days ago

The same justification we give other scams like crypto: greed. Some of us made money at the expense of more people who lost even more, so it's okay.

[–] Archangel1313@lemm.ee 50 points 5 days ago

"It was a prescient call by the president. Maybe too prescient"

It's not "prescience" when it's deliberate.

[–] thedruid@lemmy.world 28 points 5 days ago

Blatant global stock manipulation. Jail. Jail jail.

[–] Brkdncr@lemmy.world 30 points 5 days ago

Scam president.

[–] b3an@lemmy.world 16 points 5 days ago* (last edited 5 days ago)

The Art of the Steal

[–] aesthelete@lemmy.world 24 points 5 days ago

"investors" 🙄😆

[–] tal@lemmy.today 26 points 5 days ago* (last edited 5 days ago)

“It is the responsibility of the President of the United States to reassure the markets and Americans about their economic security in the face of nonstop media fearmongering,” wrote White House spokesman Kush Desai.

  1. The administration states that it is going to take an action.

  2. Media uncontroversially points out that if the administration does what has said it will do, it is going to create a problem.

  3. The administration cancels the action.

  4. The administration asserts that media has created a problem by pointing out said problem.

It's just nonstop.

EDIT: Also, it doesn't sound like Trump is saying "buy stock in general", but "buy stock in my overpriced social media company (DJT)" which isn't even going to be a particularly good example of a company especially impacted by tariffs.

[–] bluegreenwookie@bookwormstory.social 11 points 5 days ago (1 children)

Are we fonna circle around to the "it's not illegal because he did it in the open" line again or are they gonna try something new

[–] blakenong@lemmings.world 14 points 5 days ago

Nothing he does while president is illegal. They took care of that already. Not a damn thing we can do. I mean, there’s one.

[–] crystalmerchant@lemmy.world 8 points 5 days ago

Oh.my.god he posted "buy"????

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