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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: ptheland 🐝  😊 😞
Number: of 84361 
Subject: Re: King Donny
Date: 02/20/25 1:01 PM
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Does anyone here know how exactly Trump is accomplishing the transfer of wealth from the US Treasury?

Taking a trip to your golf resort, requiring a large Secret Service contingent to secure the entire course, then charging that large contingent of Secret Service agents full rack rate for staying in your resort hotel.

Awarding contracts to your cronies, who then give you a kickback by buying worthless stuff from your business as part of that contract.

On the crypto thing, you've got the mechanism wrong. Get the Treasury to buy a bunch of your crypto, which raises the price so that you can sell your crypto at top dollar. Then have the Treasury sell your crypto (because the price is crashing) and re-buy your own crypto at a lower price.

That's just the easy stuff I can think of quickly. One of which he already did in his previous administration, and will certainly continue in this one.

--Peter
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
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Old Related Story · 28 recs · 2026
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Fascism in America · 27 recs · 2025
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