Felon donnie’s Market manipulation

[Rideback]

One thing we agree on Ken, so borrowing the line from Jaws, we're going to need a bigger mental health facility to house all you MAGAs. If you don't get what's happening now it truly is a mental impairment on your part.

[dorankj]

It’s so nice that Ray provides a platform for your crazy delusional ranting, I hope your therapist acknowledges the outlet this provides!

[Rideback]

The statute of limitations for insider trading is 5 years

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Next up, pharmaceuticals in the next month or two, per Lutnick on Sun am shows

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"BREAKING: Renowned business expert Scott Galloway hammers Donald Trump as "stupid" and says that he's "blackout drunk" at the "wheel of the global economy" as his tariffs destabilize the entire world.
He also alleged that Trump's sudden tariff reversal enriched his MAGA cronies in the "greatest day of insider trading and grift in history."
This is one rant that every American needs to hear...
During an appearance on The View, Galloway — who is a successful entrepreneur and a professor at the New York University Stern School of Business — was asked by co-host Whoopi Goldberg about Trump's recent behavior.
She slammed him for having "wreaked havoc on the global economy since his so-called liberation day last week with massive tariffs" and pointed out that he backtracked and lowered his tariffs on most countries to 10% while imposing an effective tariff rate of 145% on China.
"It would be hard to think of a more elegant way to reduce prosperity this fast," said Galloway.
"Let's talk about Apple," he continued. "The notion was we're going to bring back all of those great jobs? The average Apple assembly person in China makes $500 a month. The average Apple employee focusing on more high-value things like design, store management, makes $200,000 a year here."
"We want to wear Nikes. We don't want to make them," he went on. "We have outsourced low-wage jobs overseas such that we can create more profits, more investments, and create higher wage jobs."
"If these tariffs hold, your iPhone's going to go from $1000 bucks to $2,300," he explained. "To make an iPhone in the U.S. it would cost $3,500. As a result, the threats of these tariffs take Apple's stock down the value of Walmart in three days."
"If these tariffs hold... 80% of toys under the Christmas tree are from China," Galloway continued. "So 90% of U.S. households are budget-constrained. So we're talking about half the number of toys."
"We're talking about a destruction in shareholder value such that your parents can't retire as quickly and we're talking about the entire world rerouting their supply chain around 'brand America,' which, quite frankly, right now is toxic uncertainty — so they can bypass a series of unpredictable, epileptic, sclerotic decisions," he stated.
"What we finally need to acknowledge: We have someone at the wheel of the global economy that is blackout drunk right now," he continued.
Later in the segment, Galloway dismissed the idea that Trump's policy is setting the stage for the "economy of the future" by bringing jobs back.
"First off, America is the second largest manufacturer in the world," he said. "And the Cato Institute — we romanticize manufacturing — the Cato Institute did a survey, 80% of us believe that we should have more manufacturing but only 20% of us want to work in manufacturing."
"There is no line to get in and have work at an assembly plant in Lansing, Michigan," he continued. "What we want is high-paying jobs. Quite frankly, if this president cared about young men and trying to up-level people we'd go to a minimum wage of $25 a hour."
"And by the way, if minimum wage had kept pace with productivity and inflation it'd be somewhere between $23 and $27 an hour," he explained. "This is nothing but in my view—"
"Do you realize that yesterday about ten minutes before he put a pause on the tariffs and Apple skyrocketed, the market went up 2000 points, there was huge activity in the options market," he went on.
"Yesterday will go down as the greatest day of insider trading and grift in history," said Galloway. "Someone knew what was going on and made a lot of money and it wasn't us and we're going to find out about this."
"If you want to go back — he talks about the great era of the late 19th century — guess what? When we didn't have indoor plumbing? Where we had child labor? I'll take Netflix and novocaine," he said.
"We have a habit because of social media to talk about how terrible America is," he went on. "There are [one hundred and ninety-five] nations, they would all trade places with us."
"Do we have income inequality, we have polarization, do we have struggling young people? A hundred percent," he said. "But guess what? This nation is less bad than any other nation except if you want to take us back to the past. That makes absolutely no sense whatsoever."
Galloway was then asked about America's image around the world under Trump.
"We have the greatest inflow of capital which drives our stock up which lets us borrow money at a lower cost," he explained. "We have the greatest inflow of human capital. What do the best and the brightest in the world have in common? They want to come to our universities, they want to live in America."
"And part of that is that the American brand is risk aggressiveness, it's rule of law, it's consistency," said Galloway. "Rule of law has gone out the window. Right? We've now decided to defy court orders. We're having used car sales on the White House lawn."
"We are rounding people up with the wrong tattoo and shipping them off without due process to essentially hellscape prisons," he continued. "Rule of law is gone. Consistency? The tariffs are on, they're off, the tariffs are on, the tariffs are off."
"We're alienating nations that love us and we love. When did we decide to go to war against Canada!?" he asked. "Canada!? You know what Canada did?"
"There's this great line that the Holocaust survivor talking to Warren Buffet said, how do you judge friends? V'ery simply, I ask a question would they hide me?'" he said.
"Canadians hid us in the [Iran] hostage crisis," he went on. "The Canadian embassy hid six Americans and if they'd been found out they would have been hung by cranes. We're going to war against Canada!? They are our true friends. We can't even articulate why we're angry with them. We are going to war with everyone at the same time."
"The big winner here, if there is a winner, is China over the medium and long-term, who says 'You may not like us, but you can count us,'" said Galloway.
"The damage here... When he paused the tariffs yesterday, he took the knife halfway out of the economy's back, but the injury will take years, if not decades, to heal," he predicted. "The definition of stupid is doing something that hurts yourself while hurting others. This could not be more stupid."
View interview with Scott Galloway

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"We are now the global destabilizer."

'BREAKING: MAGA world erupts in outage as Blackrock CEO Larry Fink announces that the United States may already be in the midst of a recession thanks to Donald Trump's disastrous tariffs.
He added that America has become a "global destabilizer" under the MAGA regime and he wasn't done there...
"I think we’re very close, if not in, a recession now," Fink said on CNBC.
"I think you’re going to see, across the board, just a slowdown until there’s more certainty. And we now have a 90-day pause on the reciprocal tariffs — that means longer, more elevated uncertainty," he added.
While Trump has dropped the tariffs on most countries down to 10%, pausing the outrageously inflated numbers that he temporarily imposed, he is still locked in an escalating trade war with China.
"Even if the U.S. continues to impose higher tariffs, it will no longer make economic sense, and it will become a joke in the history of the world economy," stated Chinese officials.
Just today, China bumped its tariffs on American goods from 84% to 125% in response to Trump placing an effective 145% on Chinese goods. In addition to skyrocketing inflation, these tariffs are going to destroy American small businesses who rely on those imports.
By slapping the tariffs in place so haphazardly and suddenly, Trump failed to give U.S. companies adequate time to resource their supply chains — meaning that many will wither and die.
Fink stated that Blackrock's clients are facing "uncertainty" and as a result the world's largest asset manager is "spending more time with more conversation with more clients globally than any time. Our job now is to be, you know, helping, calming, giving them, giving them ideas."
"This is not a pandemic. This is not a financial crisis. This is something that we’ve created," he continued. "As I said, also on Monday, United States, post World War II was a global stabilizer. We are the global destabilizer."
"That’s a very hard thing to say, because I pride ourselves of being, you know, bringing the leadership, bringing the conversations," said Fink. "But I will say the power of U.S. capitalism is still alive."
If these tariffs are not reversed soon, the damage could be irreparable. American economic growth will stagnate and countless millions will be immiserated.'

[Rideback]

Stonekettle Station:

"We're well and truly in the middle of a trade war now.
And on the losing end of it.
If you want to win a trade war, you gotta have something to trade that other side wants. And we're in a trade war with the very people who make all the things WE want.
You're not going to win that.
This is what happens when you elect a businessman to run government like a business.
The rich get richer, but the only thing trickling down to us is a massive increase in the price of guillotines.
___
Now, when I said the above this morning elsewhere on social media, and anytime I mention the stupidity of electing a businessman to run government like a business, it become obvious in the first few responses that some of you really aren't getting this.
Trump is NOT a failure as a businessman.
Far from it.
In fact, in modern American business terms Trump is an extremely successful businessman.
Trump is the Holy Grail of American business.
See, you're thinking of days long gone when businessmen built companies to last, to pass down to their children, some sort of family legacy.
Those days, such as they ever actually existed, are long past.
That's NOT success as defined by American business today.
You point to where Trump went bankrupt and had numerous failed business ventures, but the part you're missing is that HE never lost a penny.
No matter his many failures, business misadventures, and bankruptcies, Donald Trump only got richer.
Because it wasn't HIS money.
In America, failed business doesn't equal failed businessMAN.
Let me give you an example: American businessman John Thain was the last CEO of Merrill Lynch & Co. I say "last" because he vaporized trillions of dollars and presided over the company's implosion during the financial crisis of 2008. Tens of thousands of his employees ended up on the street. Millions of investors were left penniless. Merrill Lynch, a hundred year old investment firm went bust, ceased to exist, and sold off for parts to Bank of America. And John Thain somehow got a $10 million bonus, was hired on by BOA to run the remains of the company he destroyed, and then cashed out for many more millions and went on to TEACH American business for millions and millions mores dollars.
This guy presided over one of the most spectacular business failures in modern history and yet somehow he just got richer and is today regarded as the model of an American businessman.
Great work, if you can get it.
That's the lesson the rich learned from the Great Depression: NEVER, EVER, risk your own money.
And they NEVER do.
When Trump went bust, it was other people's money he lost, the bank's money, the investors' money, YOUR money. NEVER his money.
When the banks fail, when the economy implodes because the wealthy engaged in chicanery yet again, it's NEVER the rich who have to bail out the country, it's always -- ALWAYS -- the poor and middleclass.
In the terms defined by modern American business models, Trump is wildly successful.
America gives him money just for his name.
His NAME is his wealth.
If he loses any money, it's YOUR money, not his. YOU lose but HE just gets richer. Those stupid golden sneakers? He got paid up front, for his name, the manufacturer is the one taking risk. Same with the Crypto. Same with the NFTs. Same with the casinos. Same with the hotels. Same with it all.
Never risk your own money.
That's an option for the rich. Not you.
This IS modern American business. We train CEOs to be predators. CEOs have no investment in a company beyond immediate profit. Their responsibility isn't to quality or customers or the future, it's to the shareholder right now today. That is the ONLY vision they have. Most of them don't even know what the company makes, if it makes anything. That's why business schools call it "product." It could be anything from cars to baby food to iPhones. Doesn't matter, it's "product." The ONLY thing that matters is instantaneous shareholder value and the CEO's cash out bonus.
And after they cash out, they move on to the next company and the next "product." Serial Predators.
If you look at how Trump operates, his utter obvious greed, his complete lack of morals, his disdain for any long term consequences, his monomaniacal focus on profit and power NOW here today, and his absolute hatred of anything that might rein in his avarice, THAT is the epitome of American Business. Clear cut, strip mine, drill Baby drill, dump your pollution in the ditch and let somebody else clean it up, not my problem so long as I'm getting rich.
Trump doesn't give a sh** about his children, because he doesn't plan on leaving them anything. Not money. Not power. Not a world to live in. He's not founding a dynasty. If they get something, whatever. If they don't, whatever. Trump is concerned with one thing and one thing only: Trump.
THAT is American business.
THAT is exactly what we teach business students.
THAT is what we reward business for -- and reward them handsomely. Profit Profit Profit and to hell with the future.
By THAT definition, Trump is a wildly successful American businessman.
And THAT is what we elected to run our country.
And that's exactly what you're seeing right now. He might destroy the company, ur, COUNTRY, but he and his friends will come out all the richer for it.
Just like the Russian oligarchs did."

[mister_coffee]

What is sad to me is that this was painfully obvious from the very start.

There was no "art of the deal" here. There was no interest in "bringing back" jobs to America. It was 100 percent about a grift that could reward his buddies and screw everyone else.

I'm not really even angry at them. Makes as much sense as being mad at a spider. Who I am mad at is all of the people in the media and the Democratic party who didn't realize what was going on sooner. Like immediately, in fact. It isn't like these jerks are unpredictable.

[just-jim]

.
Pee-Pants did this ON PURPOSE!

https://www.npr.org/2025/04/10/nx-s1-53 ... ck-markets

https://www.msn.com/en-us/politics/gove ... r-AA1CGbcE
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