372 Comments
User's avatar
Luigi Colucci's avatar

1) Insider trading on steroids;

2) intentionally vague timing for maximum corruption returns;

3) death of a centuries-old democracy.

Alexander Dumas's avatar

I agree. How many millions of shares did the vile despot Trump, his equally despotic family and his rent-seeking cabinet and oligarchs buy and will dispose when Wall Street soars, making these immoral amd unethical scoundrels a ton of money more — again?

frommboli's avatar

There will be electronic records of every transaction. Our job will be to insist that the next president's justice department prosecutes every single one of them.

Somewhere, Somehow's avatar

And have each state, or at least those who find this conduct criminal, prosecute trump. Let’s hold the un-supreme court accountable, especially Alito and Thomas and maybe more.

David Whiteley's avatar

I meant Blockchain “records”!

User's avatar
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May 12, 2025
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May 12, 2025
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Doug R's avatar

So you'd let those low energy losers win?

Lisa Sands's avatar

Totally. The grift of a lifetime. And people elected him? I just don't get it.

Steven Mullen's avatar

I don’t think they are literate.

Julian Meise's avatar

Anyone else remember about a week ago when the CEOs of Target and Walmart, after meeting with Trump, ordered some of their factories in China to restart production? I didn't dream that, did I?

This was in the works, and predictable regardless.

Luigi Colucci's avatar

Sure, I agree, Julian.

But timing is the game-changer here, as always in insider trading scams.

And the price for this massive scam is the American democracy and Western values, something DJT was very clear was not his goal, ever.

Julian Meise's avatar

Right, I was agreeing with you about the insider trading. Trump (a) chickens out after hearing that scarcity and recession are coming, (b) plays the hero for solving a problem he created, and (c) makes a boatload of money for his family and friends.

And if the economy continues to deteriorate, only more slowly, and his subjects get restless as a result, he gets to (d) claim more emergency powers.

Heads he wins, tails you lose. As usual.

Luigi Colucci's avatar

Yes, I agree 100%, dear Julian, I am really frightened with what can come next.

Ciao!

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May 12, 2025
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Doug R's avatar

Yeah, well about 8,000,000 of you that voted for Kamala on the bottom of the ticket couldn't bring yourselves to vote for her at the top of the ticket.

Luigi Colucci's avatar

Yes, Joseph, I think you are right. My opinion: this is not simply an American or Italian issue. This is based on our human nature (one side or the other). A never ending struggle, but I agree this is a struggle worth fighting. Let’s fight (peacefully, of course) together…Ciao!

Denney Clements's avatar

Plus, killer uncertainty remains.

Kim Nesvig's avatar

Aside from soliciting bribes from corporations and foreign powers, there is every reason to suspect that Trump and his insiders are playing the markets to their personal benefit. Every action that precipitates a swing, positive or negative, can be profitable for someone whose enters the futures market with certain knowledge that their own actions (rational or not) will precipitate that swing.

Jeff Fulmer's avatar

If this setup insider trading, then they can't even do that right. The announcement was pre-market which means insiders would have been trading in a low volume environment

Luigi Colucci's avatar

This is long in the making and predictable, Jeff, I agree. At least since Mr Bessent outmanoeuvred Mr Navarro (a.k.a. Prof Ron Vara…!!!) and DJT.

I went long on shares since then (as a private investor), but how about 401(k)?

In my view this is a complete scam against the retirement money of the Middle Class, the latest in a very long series!

Just the way DJT made business all his life, on the back of honest Americans.

Jeff Fulmer's avatar

So you think Trump knew he would cave before the weekend and let his buddies know so they could trade in a high volume environment?

Luigi Colucci's avatar

Absolutely.

And much worse will come if Congress doesn’t act properly and swiftly (and they will act only if we go on protesting and boycotting).

Dear Jeff, let me be clear, a democracy, even the most well-established, cannot stand this level of corruption and incompetence, in a very short time it becomes entrenched and addictive.

As Prof Krugman said some days ago, this time Trump IS Covid.

NubbyShober's avatar

4) Untraceable Crypto Bribes totaling billions to the US President

5) The Death of the 4th Estate--FOX News, Sinclair et al have replaced actual news with infotainment & propaganda.

Luigi Colucci's avatar

Yes, I agree 100%. This is not only the Trump clan. Much more is at stake. Very dangerous situation.

Jeffrey Mann's avatar

Helluva a show though, right? The previous sleepy, competent guy was too boring for Americans, who want a show in every sphere of their lives.

Pam Birkenfeld's avatar

The previous “sleepy” guy never fell asleep at the pope’s funeral!

Faye's avatar

Nor did sleepy guy fall asleep at his trial … wait he was never on trial!

IzzyIz's avatar

He wasn't asleep. He was dreaming about how good he would look in the Pope's vestments.

Ondaiwai's avatar

Americans seem to want the politics of their nation to be like Professional Wrestling, with artificial drama, heel turns, villains, and heroes.

Mark Conover's avatar

I like boring. I miss the days when the president is not in the news.

George Patterson's avatar

DonnyJon would like to be out of the news. He could get away with a lot more if the reporters would be silent.

Rosie's avatar

Actually, he LOVES being in the news, good or bad. It's all about attention. Didn't he once say bad publicity is better than no publicity at all? It's not simply about getting away with stuff, but people have to know and see it. It's what he's most proud of.

Marliss Desens's avatar

The problem is that the billionaire media covers even his stupidest actions (and there are a lot of stupid actions) as if it were serious news. They treat his scribbles on so-called Executive Orders as if they had the force of law.

andré's avatar

He is good at scribbling like a 2 year old.

Frank Frick's avatar

I agree this is a very frustrating issue… By printing and then journalistically considering if there could be ("surely there must be!") any good side to whatever fresh turd has come out of the presidential face, (culminating in fact-checking three days later) they keep sane-washing this stream of droppings

Mary R's avatar

Damn straight, Mark.

Marliss Desens's avatar

I also miss the days when I didn't see members of the cabinet on the news.

Rena's avatar

"Americans" who watch professional wrestling, I guess. I've never seen it nor did I eer see the stupid Trump apprentice show, so count me out!

George Patterson's avatar

I've seen pro wrestling on television. You haven't missed much, though the choreography rates up there with ballet.

Rena's avatar

But it’s not pretty.

George Patterson's avatar

....... in the eye of the beholder.

Marliss Desens's avatar

Well, it is also all the so-called reality shows, which are actually scripted for maximum outrage, rather like professional wrestling.

Wolf Knoper's avatar

Well, Trump is in the WWE Hall of Fame. The term "kayfabe" explains it all

Susan's avatar

This is one of many Americans who are as appalled as we can be by the corruption and cruelty of this so-called administration. We are resisting in every way we can.

NSAlito's avatar

I would prefer former porn star and professional wrestler President Dwayne Elizondo Mountain Dew Herbert Camacho, who at least listened to people who might know better.

Carlos De Leon's avatar

Didn’t you see the movie ? It was called “Idiocracy”.

Jim H.'s avatar

Hulk Hogan is only 69, still young enough to run for Pres.

Chris Martin's avatar

I've recently thought about the part of Back to the Future when Marty shows Doc Brown his camcorder and tells him Reagan's President. Having a President that is merely an actor seems so quaint now.

David Greenberg's avatar

Yeah, but who wants to attend a funeral for the country?

Ted Barney's avatar

Kind of like the showman Reagan following the principled president Carter. Same ole crap

Kevin Lee's avatar

Gotta say that makes more sense that a lot of people who say "Why would they do that?"

chris lemon's avatar

They're at the Bread and Circus stage now. But the bread is going to run out soon, with this level of economic chaos. The clowns and monkeys aren't going to be nearly as funny on an empty stomach.

IzzyIz's avatar

Those are not "Americans" - those are dimwitted ignoramuses supporting a fascist dictator

Ken Kovar's avatar

But not competent enough to quit sadly 😩

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May 12, 2025
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Jeffrey Mann's avatar

A culture addicted to entertainment in every sphere of life.

Jay Corvan's avatar

Important to realize this. Personality trumps policy in America. It’s who and how the message is delivered that most listened to.

Trump doesn’t have policy but he has delivery. Most Americans can’t be bothered , Policy is for wonky woke people, but a barn burner speech like governor Pritzgher gives is the answer! Entertainment is everything. Otherwise just turn the channel.

Judith Auerbach's avatar

That's why the Dems should put Corey Booker up for Pres. Because in addition to being smart and having outside the box solutions

to problems and being empathetic and having a strong moral compass, he gives barn burning speeches

andré's avatar

Most would call it "incoherent bluster".

Mark Mabro's avatar

I wonder if any of the motivation for Trump's decision is related to the news that he was just given a $400 million luxury airplane by Qatar. The corruption is staggering and Trump may want to do something to get people talking about anything else, which we are now doing.

Dirk  Faegre's avatar

Not so fast. Plane not sold yet. And renovations predicted to cost a small fortune. $400M?

And renovations take how long? Probably as long as it takes Boeing to deliver their two planes.

What a costly farce. Where’s Doge when we could actually use them?

Marc R Hapke's avatar

DOGE will prove to be a very costly farce as well

Ken Kovar's avatar

Exactly doge was a scam and a pathetic joke. The only upside is Elon getting the hell away before every Tesla in the USA was set on fire 🔥

Judith Auerbach's avatar

What renovation? I've read that it's like a palace inside and that Drumpf has been salivating over it. He showed it to family & friends when it was parked at the Palm Beach Airport recently. He has responded to criticism saying that he would be stupid not to accept it.

I'm showing my age, but I remember a cartoonist named Jimmy Hatlo who used to run Hatlo's Inferno

Each panel showcased a unique "punishment" tailored to the offense, making it a playful and inventive take on the afterlife.

I think of him every day and wonder what he would have made Trump suffer. Gives me some solace.

Sharon's avatar

I read to be up to Air Force One specs it would take years of renovations and millions of dollars.

Judith Auerbach's avatar

Of course thus means that the grifter in chief will have his personal 747 when he's finally out of office. Having a 747 in his presidential library is a joke

Robot Bender's avatar

There are good reasons that we always built our Presidential aircraft from scratch here in the US. There's no way to be sure that "gift" isn't compromised in multiple ways, even if it's being modified. I'm quite certain that it is. This is a gift no intelligence operative would miss.

Cheryl from Maryland's avatar

In the 1980s, the GOP allowed Russian construction workers to build the US Embassy in Moscow. They planted so many listening devices that part of the building was torn down and rebuilt by US workers. I’m confident that plane is an intelligence liability, not that Trump, Rubio, Hegseth, etc. will either notice or care.

Turgut Tuten's avatar

Isn't it strange, Qatar made a luxury plane gift also to our president few years back? I believe the message is "take this plane and fly it to Qatar, when

secular justice comes"

Les Peters's avatar

It’s a Boeing, so what could go wrong?😉

Emily Kirk's avatar

Any excuse to slip in a Monty Python reference gets my vote. Well done and funny at the same time.

Bonnie DeGray's avatar

In the meantime Trump gets to say he made China back down, and still no one is paying attention to starving children in Gaza and Russia’s continued advance in Europe.

Rena's avatar

Or the threatened suspension of habeus corpus,the on-going "renditions" of innocent people and the apparent preparations to privatize the national parks and rape them of all their resources... Or, or , or... There's far too much to list.

Richard House's avatar

If you were to relate and assimilate, one of the things that you will learn about Trump is that he knows nothing about business of any kind. He doesn’t know how to make money, except through grifting. His casinos, mail, order steaks, fake university and airline and other schemes that have a profit, as opposed to grift component, simply go bankrupt.

Though he has a degree in business from an Ivy League institution it’s pretty well documented that someone else

took his SAT. Likely others went to his classes and took his test throughout his college career. This would include economics 101, which she apparently doesn’t understand.

Rena's avatar

Well, he did go to at least one of his classes frequently enough to prompt one of his professors to later comment that ""Donald Trump was the dumbest goddam student I ever had."

Jane Scholz's avatar

On the musical coda: I always enjoy learning about the historical basis for nursery rhymes. According to Wikipedia, the GODOY in this one is most commonly thought to be Prince Frederick, Duke of York and Albany (1763–1827), the second son of King George III and Commander-in-Chief of the British Army during the French Revolutionary Wars and the Napoleonic Wars.

His most significant field command was during the Flanders Campaign of 1793–94. Despite the British troops having some success against the French, in the summer of 1794 the Duke was obliged to retreat into the Netherlands and he was subsequently recalled to England.

Flanders having something of a reputation for being flat, the specific location of the "hill" in the nursery rhyme has been suggested to be the town of Cassel, which is built on a hill which rises about 570 feet above the flat lands of French Flanders in northern France.

After smashing Napoleon at Waterloo, the British built their own hill there called the Lion's Mound, so if any present or future DOY returns with troops, there will be one ready for them!

Alistair Connor's avatar

The current Duke of York being Andrew, I composed a version for him: Oh the grand old Duke of York, He had some dodgy friends, They led him up the garden path, And they led him down again

Rob Banfield's avatar

Welp, I dunno about the history of the song, but I learned it as a small child in the UK many years ago. When my daughter of 3 years first learned it, she would sing "The grand old Dupe of Yawp," which seems prophetic when applied to Drumpf and His Men, who always seem to be half-way up something or other.

Carol C's avatar

Priceless! Dupe of Yawp!

Ff's avatar

Just heard Mr T tonight May 12. ... he sounds more and more as if he has been suffering from mini-strokes - barely coherent. The vocabulary is that of an 11 year old - everything's "great", "good", "beautiful", "fantastic" "amazing" etc etc. .... his speech is a stream of consciousness. The banality is incredible. HL Mencken once said back in the 1920s that one day the American people would in their infinite wisdom elect a real moron to the White House.

But other countries are not stupid. They will stop paying for drug and film patents and copyrights.

KMD's avatar

" Like nothing we've ever seen before" is another one of Trump's usual meaningless phrases. The guy is the King of Bullshit.

Sharon's avatar

Wrong "Like nothing we've ever seen before" is totally right. Graft, corruption, incompetence, carelessness, cruelty like nothing we've ever seen before.

Jeffrey Getzin's avatar

I’ve diversified our holdings to weather the Trump storm, and every time he does something like this, and the stock market (briefly) rebounds, I second guess myself. But then I remember that I’m not a day trader and I can’t play the market as a full time job, so I have to make myself hold still and not panic. Uncertainty affects us all right now, and not just the corporations.

Todd Goldman (DrJenAdjacent)'s avatar

I diversified as well and have zero regrets. I would rather protect my downside and give up some upside because Trump as President is bad long term for the market. It can prop itself up for quite some time on wishful thinking, but when business slows down or stops investing because of uncertainty, that will catch up and eventually slow market growth. But in the meantime, the S&P 500 will trade like an individual meme stock.

Jeffrey Getzin's avatar

We're already hearing of empty shipping ports, and anecdotally, I've been seeing a lot more people being laid off on LinkedIn.

George Patterson's avatar

I've been diversified for years now. Fortunately, I have much of my money in European stocks and bonds, and those are doing pretty well. I took my entire RMD out into a high-interest bank account, so I will be OK there no matter what happens. So far, my holdings are down about 5% since the inauguration. In my opinion, you are wise to sit on your hands and I intend to do the same.

George Patterson's avatar

My brother IS a day trader. I sometimes wonder how he's doing now, but we haven't been on speaking terms since they came out with COVID shots. He's MAGA.

Jeffrey Getzin's avatar

Ugh. I’m very sorry. That’s like a form of rabies.

George Patterson's avatar

Something about lying in the bed you made comes to mind.

Frau Katze's avatar

Covid seemed to drive a lot of people over the edge.

Jeffrey Getzin's avatar

The yield curve provides the best clue where the economy is headed: things are going to keep getting worse for the rest of Trump’s term, and, assuming he actually leaves at the end of it, will only START to improve once he’s done so.

Julie Babis's avatar

I got out of the US market completely.

Jeffrey Getzin's avatar

Alas, if Trump hoses things badly enough, there may not be a safe harbor anywhere in the world.

RenaldoMooon's avatar

I miss the guy with no malarkey.

Renato's avatar

how the heck does one invest in an environment like this? both bulls and bears are confused.

Scott's avatar

You join Truth Social, and wait for instructions.

Scott's avatar

I’m sorry. I forgot a key point. Bend The Knee!

Magus Perde's avatar

It's easy if you're a Trump insider; it's a complete mystery to anyone else.

Alexander Dumas's avatar

You’d only invest in this grand uncertain climate if you have a giant risk appetite. And you can diversify your portfolio only so much. Nobodyvknows which sectors are going to be graced by Trump’s madness.

George Patterson's avatar

Even the oracle of Omaha has pulled out into cash.

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May 13, 2025
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Sharon's avatar

The pigs are the American people. This is the biggest pig butchering scam imaginable.

Sara P's avatar

Paul and everyone else reading this, we are all EXHAUSTED from this fool and his enablers.

The republicans could shut this down in a NY minute but sit on their hands and do nothing.

So we have to keep up the pressure and do everything we can. Take a deep breath, center yourself and continue the fight.

Arthur Sanders's avatar

So when the arsonist has put out the fire, MAGAs will stand in the smoking ruins and shout: "Look! Thanks to him we can build a new house! It will cost us plenty, but it will be a beautiful house!"

Merrill's avatar

Once upon a time there was a great country that wound up with a very, very deranged and mean king. For no apparent reason, one day that king decided to instantly impoverish just about everyone in his kingdom by raising prices on just about everything his subjects purchased.. Why? Because he did not want he and his court of many very rich advisors and donors to pay taxes.

Then a few weeks later, the king decided to be kind and just keep the impoverished and struggling among his subjects in poverty.

Meanwhile the king will get a new $400 million carriage to fly around in.

So here we are in America. Home of the brave.

Bob Adolph's avatar

Thank you for a sane look at this continuing mess

Scott Williams's avatar

Why wasn’t the NYT headline: Trump Surrenders in Trade War with China!

Rena's avatar

Oh, the NY Times would never do that. (Though I think the headline should be "Capitulation Day!")

Chris's avatar

The NYT exists to launder right-wing talking points into left-wing audiences.

(One reason why I'm very impressed that the professor survived there for a full quarter century).

Carol C's avatar

Trade War With China WHICH HE STARTED.

George Patterson's avatar

DonnyJon would shut them down in a New York second.

gvc's avatar

This Canadian almost bought Kikoman soy sauce today, thinking it was Japanese. Fortunately, I noticed a 25% price increase and looked more closely at the label. Bought some from Phillipines instead. Here there's a convention of turning a product upside down on the shelf if it comes from Trump Land. That's kinda tough for a soy sauce bottle.