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#cronycapitalism

4 posts4 participants0 posts today
Paria sans portefeuille<p>"[W]hile emptying the pockets of working people, the <a href="https://jasette.facil.services/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> crew are lining their own. Even as <a href="https://jasette.facil.services/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a> claimed that DOGE was slashing government spending, his own firms received billions in government contracts." </p><p><a href="https://jasette.facil.services/tags/SocialSecurity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SocialSecurity</span></a> Is Not a Ponzi Scheme </p><p><a href="https://www.bostonreview.net/articles/social-security-is-not-a-ponzi-scheme/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bostonreview.net/articles/soci</span><span class="invisible">al-security-is-not-a-ponzi-scheme/</span></a><br><a href="https://jasette.facil.services/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a> <a href="https://jasette.facil.services/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://jasette.facil.services/tags/neoliberalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>neoliberalism</span></a> <a href="https://jasette.facil.services/tags/cronyism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cronyism</span></a> <a href="https://jasette.facil.services/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a> <a href="https://jasette.facil.services/tags/PoorBashing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PoorBashing</span></a> <a href="https://jasette.facil.services/tags/inequality" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inequality</span></a> <a href="https://jasette.facil.services/tags/DOGEbags" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGEbags</span></a> <a href="https://jasette.facil.services/tags/MAGA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MAGA</span></a> <a href="https://jasette.facil.services/tags/MoveFastAndLootThings" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MoveFastAndLootThings</span></a></p>
Kathy E. Gill 🇺🇦<p>Elizabeth G. Oyer, “the Justice Department’s pardon attorney, was dismissed a day after she refused to recommend that the actor Mel Gibson, a prominent supporter of President Trump’s, should have his gun rights restored, according to the attorney and others familiar with the situation.”</p><p><a href="https://mastodon.social/tags/cronycapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cronycapitalism</span></a> <a href="https://mastodon.social/tags/giftLink" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>giftLink</span></a> <a href="https://mastodon.social/tags/uspolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspolitics</span></a> </p><p><a href="https://www.nytimes.com/2025/03/10/us/politics/justice-department-mel-gibson.html?unlocked_article_code=1.3E4.QNXc.T3pTALCiFZky&amp;smid=url-share" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/03/10/us/poli</span><span class="invisible">tics/justice-department-mel-gibson.html?unlocked_article_code=1.3E4.QNXc.T3pTALCiFZky&amp;smid=url-share</span></a></p>
rexi<p>Elon got the <a href="https://mastodon.social/tags/falseflag" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>falseflag</span></a> op of his dreams from his little czar Putin.</p><p>And by finally pushing enough buttons, our own local White House despot may get the <a href="https://mastodon.social/tags/civilunrest" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>civilunrest</span></a> he longs for as grounds to finally declare <a href="https://mastodon.social/tags/martiallaw" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>martiallaw</span></a>, as he has been itching to do for a long while.</p><p>A full on <a href="https://mastodon.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> will cover his business winners and losers picking; <a href="https://mastodon.social/tags/cronycapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cronycapitalism</span></a> ala prewar Germany is on its way.</p><p>Making us crazy is a feature not a bug, if we fall for it.</p><p>Welcome to the <a href="https://mastodon.social/tags/Fascist" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fascist</span></a> States of America.</p>
Paria sans portefeuille<p>"<a href="https://jasette.facil.services/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a> wants to radically remake or even destroy the state, but the agency heads will be held accountable for what happens as a result—and they don’t want to take the blame for the disasters that Musk is unleashing." </p><p><a href="https://newrepublic.com/article/192514/transcript-fiasco-musk-trump-advisers-erupt-anti-doge-panic" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">newrepublic.com/article/192514</span><span class="invisible">/transcript-fiasco-musk-trump-advisers-erupt-anti-doge-panic</span></a><br><a href="https://jasette.facil.services/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a> <a href="https://jasette.facil.services/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://jasette.facil.services/tags/MAGA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MAGA</span></a> <a href="https://jasette.facil.services/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> <a href="https://jasette.facil.services/tags/DOGEbags" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGEbags</span></a> <a href="https://jasette.facil.services/tags/kakistocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>kakistocracy</span></a> <a href="https://jasette.facil.services/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a> <a href="https://jasette.facil.services/tags/MoveFastAndLootThings" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MoveFastAndLootThings</span></a></p>
William Lindsey :toad:<p>"The Atlanta Federal Reserve is now projecting a ~3% GDP contraction in the first quarter. Let me put that in perspective: If Trump had done absolutely nothing, just continued Biden’s policies, we’d be looking at 3-4% growth instead. But instead of stability, Trump is dragging the economy into a downward spiral.</p><p>And as our markets crash day after day, the propaganda machine kicks into gear."</p><p>~ Ben Meiselas</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a> <a href="https://toad.social/tags/depression" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>depression</span></a><br>/25</p><p><a href="https://www.meidasplus.com/p/trump-caves-like-a-coward-this-am" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">meidasplus.com/p/trump-caves-l</span><span class="invisible">ike-a-coward-this-am</span></a></p>
William Lindsey :toad:<p>"In the past, it would be relatively easy to connect a pay-to-play tariff exemption with a political donation. But by setting up so many opaque ways to corruptly funnel money directly to Trump or his cronies, it will be increasingly hard to draw such direct connections."</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://toad.social/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a><br>/24</p>
William Lindsey :toad:<p>"They could even pay Trump directly, for example by buying his $TRUMP meme coin using untraceable funds or by paying for the right to have dinner with him to the tune of millions of dollars."</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://toad.social/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a><br>/23</p>
William Lindsey :toad:<p>"With Trump now laying down and then yanking the threatened tariffs seemingly at will, he is signaling that he has all the power. He can make the pain disappear or remain in place whenever and on whomever he wants. Extending the deadline by another month, for example, gives time for companies who might be devastated by the tariffs to come fill the coffers of the GOP."</p><p>~ Jay Kuo</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://toad.social/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a><br>/22</p><p><a href="https://thinkbigpicture.substack.com/p/trump-tariffs-mexico-canada" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">thinkbigpicture.substack.com/p</span><span class="invisible">/trump-tariffs-mexico-canada</span></a></p>
William Lindsey :toad:<p>"Washington has become Nero’s court, with an incendiary emperor, submissive courtiers and a jester high on ketamine. (...) We were at war with a dictator, we are now at war with a dictator backed by a traitor."</p><p>~ French Senator Claude Malhuret quoted by Andrew Egger, Sam Stein, and Will Selber</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a> <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a> <a href="https://toad.social/tags/depression" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>depression</span></a><br>/21</p>
William Lindsey :toad:<p>"President Trump has still not disclosed the names of the donors who paid for his transition planning, despite a public pledge to do so.”</p><p>~ Ken Bensinger</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a> <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a><br>/19</p><p><a href="https://www.nytimes.com/2025/03/06/us/politics/donald-trump-2024-campaign-transition.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/03/06/us/poli</span><span class="invisible">tics/donald-trump-2024-campaign-transition.html</span></a></p>
William Lindsey :toad:<p>"The White House is, at least according to Bloomberg, well on its way to creating a sovereign wealth fund, despite having no authority to create one and no legal source of money to fund it. But now they’ve hired a guy to run it, Michael Grimes. And small world, he’s Elon’s banker."</p><p>~ Josh Marshall </p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a> <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://toad.social/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a> <br>/11</p><p><a href="https://talkingpointsmemo.com/edblog/small-world-5" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">talkingpointsmemo.com/edblog/s</span><span class="invisible">mall-world-5</span></a></p>
William Lindsey :toad:<p>Joe Deaux and Stephanie Lai report,</p><p>"The Commerce Department is tapping former Morgan Stanley banker Michael Grimes to lead a planned sovereign wealth fund, part of President Donald Trump’s effort to give the US a stake in projects he considers critical to national security. …</p><p>While he was at Morgan Stanley, he worked with Elon Musk — now a close Trump adviser — on his purchase of Twitter, Bloomberg reported."</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://toad.social/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a><br>/10</p><p><a href="https://www.bloomberg.com/news/articles/2025-03-06/us-to-name-morgan-stanley-banker-to-lead-sovereign-wealth-fund" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bloomberg.com/news/articles/20</span><span class="invisible">25-03-06/us-to-name-morgan-stanley-banker-to-lead-sovereign-wealth-fund</span></a></p>
William Lindsey :toad:<p>"He lured voters into this fake MAGA project, pocketed some of the cash and rewarded his billionaire backers and friends (including Musk) with more, and will leave most Americans with a corrupt and decimated society."</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://toad.social/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a><br>/9</p>
William Lindsey :toad:<p>"Trump is promising to 'make America great again' by raising tariffs, deporting more than 11 million people, taking a wrecking ball to the federal government, pulverizing democracy, and joining Putin and other global dictators.</p><p>Trump is the con artist behind this giant Ponzi scheme."</p><p><a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://toad.social/tags/CronyCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CronyCapitalism</span></a><br>/8</p>
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William Lindsey :toad:

"Tomorrow, Trump is even holding a 'crypto summit' at which he’ll promote the idea of a federal crypto reserve that will give crypto schemes a temporary boost by increasing demand for them.

But why should American taxpayers foot the bill for a crypto reserve? The most obvious winner will be Trump, whose own crypto venture carries millions of dollars in tokens that are to be included in the reserve."

#Trump #corruption #economy #crypto #CronyCapitalism
/7

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William Lindsey :toad:

"If you want to see a real Ponzi scheme, look no further than the crypto investments Musk and Trump have hyped.

Trump’s new cryptocurrency, '$Trump,' soared and then crashed, just like every other Ponzi scheme. It generated enormous profits for insiders like Trump, but a cumulative $2 billion in losses for more than 800,000 other investors."

~ Robert Reich

#Trump #corruption #economy #crypto #CronyCapitalism
/6

robertreich.substack.com/p/the

Robert Reich · The biggest Ponzi scheme in historyBy Robert Reich
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William Lindsey :toad:

"If Trump manages to establish a federal 'strategic crypto reserve,' paid for by US tax dollars, the scams associated with $Libra and $Trump will look like chump change. ...

I think this is best seen as one kind of rug pull, a hack pump-and-dump."

~ Paul Krugman

#Trump #corruption #economy #crypto #CronyCapitalism
/5

paulkrugman.substack.com/p/tru

Paul Krugman · Trump Is Planning the Biggest Heist in HistoryBy Paul Krugman
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William Lindsey :toad:

"For the taxpayer, the purpose of such an initiative is obscure. The crypto industry is a hyper-speculative casino. It is not essential to the American financial system, nor are cryptocurrencies essential to the American public. Workers cannot put bitcoin in their gas tanks; parents cannot feed XRP to their kids; businesses do not need cardano to build roads, light cities, produce vaccines, or provide loans to homeowners & entrepreneurs."

#Trump #corruption #economy #crypto #CronyCapitalism
/3

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William Lindsey :toad:

"Congratulations, American taxpayer: You are going all in on crypto.

This weekend, President Donald Trump announced that he is moving forward with a plan to create a strategic cryptocurrency reserve, purchasing bitcoin and ether, as well as the more esoteric instruments XRP, solana, and cardano."

~ Anne Lowrey

#Trump #corruption #economy #crypto #CronyCapitalism
/2

theatlantic.com/ideas/archive/

The Atlantic · Crony Crypto CapitalismBy Annie Lowrey
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