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Old 01-18-2025, 11:01 AM   #1051
JPhillips
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Well I wouldn't want to model the US on Argentina yet. The inflation rate is still over 100% and the poverty rate is over 50%.
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Old 01-18-2025, 12:53 PM   #1052
MIJB#19
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Originally Posted by Edward64 View Post
Maybe we can learn something from Argentina.
Of course not. They elected an even bigger headcase than Trump.
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Old 01-18-2025, 01:06 PM   #1053
GrantDawg
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Originally Posted by JPhillips View Post
Well I wouldn't want to model the US on Argentina yet. The inflation rate is still over 100% and the poverty rate is over 50%.
But how are the wealthy doing? I mean, in an oligarchy that's all that matter right?
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Old 01-18-2025, 01:23 PM   #1054
JPhillips
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I'm willing to give him some time and I generally think a free economy is better than the Peronism they've done previously, but I don't care about a budget surplus if half the country is living in poverty.
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Old Yesterday, 12:27 PM   #1055
JPhillips
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dola

Trump's meme coin now accounts for 90% of his net worth.
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Old Yesterday, 01:15 PM   #1056
Atocep
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Originally Posted by JPhillips View Post
dola

Trump's meme coin now accounts for 90% of his net worth.

Clear securities fraud when a coin launches and 80% of the coins are owned by the creator and other insiders. This is an example of why people don't take crypto seriously and why the SEC has been trying to crack down on it. Unfortunately, the creator of the coin will soon have control over the SEC and is immune from prosecution.
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Old Yesterday, 03:49 PM   #1057
JPhillips
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If Trump can use an executive order to overturn a law passed by Congress and signed by the previous president, what stops him from doing that whenever he wants?
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Old Yesterday, 03:54 PM   #1058
JonInMiddleGA
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If Trump can use an executive order to overturn a law passed by Congress and signed by the previous president, what stops him from doing that whenever he wants?

The law itself specifically provided for the President to suspend enforcement for 90 days. It's literally baked in.

(parsing whether the conditions to invoke that provision is a different discussion IMO)
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Old Yesterday, 04:01 PM   #1059
JPhillips
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My understanding, from Tom Cotten among others, is that the 90 extension had to happen before the law went into effect and required specific benchmarks.
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Old Yesterday, 05:27 PM   #1060
JPhillips
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Trump's coin crashed over 40%...

And Melania dropped her own coin.

They're going to steal everything they can from their supporters.
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Old Today, 08:11 AM   #1061
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The meme coins are so beyond egregious they beget some new word for their audacity. And more scary than fleecing their sheep (which has been going on for a decade and was always going to continue) is that this is clearly a vehicle for even more quid pro quo. Those sheep don't have 56 billion to prop this piece of shit up so quickly, and yeah of course a bunch of that money is also crypto degens getting in on the pump but I'm sure another good chunk is just payment for future favors from bad actors world wide.


So, so gross.
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Old Today, 11:40 AM   #1062
JPhillips
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Will be interesting to see what happens when Trump tries to end birthright citizenship with an executive order. The Constitution is completely clear on this but I expect at least three SCOTUS votes to support an EO.
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Old Today, 12:00 PM   #1063
Lathum
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Tech CEOs on the dais with Trump while governors are sent to overflow room. Everything is for sale with Trump, including and first America and democracy.
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Old Today, 12:04 PM   #1064
jcard
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Originally Posted by Fidatelo View Post
The meme coins are so beyond egregious they beget some new word for their audacity. And more scary than fleecing their sheep (which has been going on for a decade and was always going to continue) is that this is clearly a vehicle for even more quid pro quo. Those sheep don't have 56 billion to prop this piece of shit up so quickly, and yeah of course a bunch of that money is also crypto degens getting in on the pump but I'm sure another good chunk is just payment for future favors from bad actors world wide.


So, so gross.

The person on a meme coin should be P.T. Barnum…
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Old Today, 12:38 PM   #1065
Edward64
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Trump pledges to release classified records on assassinations of JFK and MLK Jr.

Don't care.

But can you please send a team of investigative reporters into Area 51 and give them total access!
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Old Today, 01:22 PM   #1066
JPhillips
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Can you imagine the Q storm if a Dem took the oath without touching the Bible?
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Old Today, 01:23 PM   #1067
Ghost Econ
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Can't have burst in flames on the first day.
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