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Trump administration 2024-2028

21,000 trades in his first year of term 2.

"...his investment advisers made more than 21,000 securities trades"

"...Trump's investment advisers have also carried out more trades than prior years"

Seeing a pattern there. "Trump" is not executing the trades.

On to what might be a concern:

"While the trades overall suggest Trump's investment portfolio is professionally managed and in line with industry practices, Trump holds stakes in dozens of companies that have government contracts"

"One day before that market-moving post, one of Trump's investment accounts made 327 purchases of a broad array of securities. While those trades appeared to benefit from the rally caused by Trump's post, that account also made similar trades over the last year and appeared to increase trading activity during high volatility events -- suggesting the trades may be part of a broader practice to rebalance his portfolio."

Insider information? Maybe. Influencing/rigging prices? Maybe.

No amount of caterwauling from the bleachers is worth anything compared to one state or federal securities regulator that decides it's worth looking into. If any of them are seeing and making a case, they're doing it quietly. We already know there are states with people ready to go after Trump if they have even a novel excuse.

I am guessing that the sudden flood-the-zone coverage this received indicates that it's just one of many FUD festivals Democrats are going to be throwing between now and the midterm elections. They certainly had to get attention off themselves after those New York primary results.
 
The smoke got progressively worse and worse. Near the end you can barely see them.


It was also predicted in advance that the smoke was going to get trapped in the area thanks to the weather.


Our birthday gift should help with that air quality ;)

Prime Minister wishes U.S.A. a happy 250th birthday, reveals Canada's gift​

Canada is giving 250 maple trees to be planted in Washington, D.C. and across the thirteen American states that share the international border

 
"...his investment advisers made more than 21,000 securities trades"

"...Trump's investment advisers have also carried out more trades than prior years"

Seeing a pattern there. "Trump" is not executing the trades.

On to what might be a concern:

"While the trades overall suggest Trump's investment portfolio is professionally managed and in line with industry practices, Trump holds stakes in dozens of companies that have government contracts"

"One day before that market-moving post, one of Trump's investment accounts made 327 purchases of a broad array of securities. While those trades appeared to benefit from the rally caused by Trump's post, that account also made similar trades over the last year and appeared to increase trading activity during high volatility events -- suggesting the trades may be part of a broader practice to rebalance his portfolio."

Insider information? Maybe. Influencing/rigging prices? Maybe.

No amount of caterwauling from the bleachers is worth anything compared to one state or federal securities regulator that decides it's worth looking into. If any of them are seeing and making a case, they're doing it quietly. We already know there are states with people ready to go after Trump if they have even a novel excuse.

I am guessing that the sudden flood-the-zone coverage this received indicates that it's just one of many FUD festivals Democrats are going to be throwing between now and the midterm elections. They certainly had to get attention off themselves after those New York primary results.
So it’s gone from ‘Eric manages my money,’ to an investment team manage’s it.
As for the comments about ‘21,000 trades are line with industry practices’ - I call complete and utter bullshit on that. As someone who’s worked in the ‘industry’ in both the US (Boston) and here in Toronto. NO respectable investment fund makes 21,000 trades in a fund that MIGHT be worth 2 billion and change in value in that extremely short period of time. That sort of churning is 100% conducive with day trading, pump and dump, and momentum trading. Anyone doing that professionally for a 80yr old in the US or Canada would be up on securities trading violations right quick.

Stop trying to say that all is well here. It’s utter bullshit.
 
So it’s gone from ‘Eric manages my money,’ to an investment team manage’s it.
As for the comments about ‘21,000 trades are line with industry practices’ - I call complete and utter bullshit on that.
[Add: fine, but your beef is with the article author(s).]
As someone who’s worked in the ‘industry’ in both the US (Boston) and here in Toronto. NO respectable investment fund makes 21,000 trades in a fund that MIGHT be worth 2 billion and change in value in that extremely short period of time. That sort of churning is 100% conducive with day trading, pump and dump, and momentum trading. Anyone doing that professionally for a 80yr old in the US or Canada would be up on securities trading violations right quick.

Stop trying to say that all is well here. It’s utter bullshit.
I'm not saying all is well. I'm saying none of us know what the situation is.

As I say, some could (should) investigate. If there are no investigations, observers can chalk it up to conspiracies to hide crimes, or insufficient evidence to make cases*. And go on bleating about this unique form of political corruption for which the "tells" have never happened in recent US political history.

*There's at least a third alternative: insider/influence trading by politicians is a gravy train, and setting a precedent of looking into it could get the ball rolling for the (mostly conservative) people who want to severely limit the ability of politicians to make bank this way. No-one wants to be a killjoy.
 
[Add: fine, but your beef is with the article author(s).]

I'm not saying all is well. I'm saying none of us know what the situation is.

As I say, some could (should) investigate. If there are no investigations, observers can chalk it up to conspiracies to hide crimes, or insufficient evidence to make cases*. And go on bleating about this unique form of political corruption for which the "tells" have never happened in recent US political history.

*There's at least a third alternative: insider/influence trading by politicians is a gravy train, and setting a precedent of looking into it could get the ball rolling for the (mostly conservative) people who want to severely limit the ability of politicians to make bank this way. No-one wants to be a killjoy.
LOL
This is the same country that convicted - 1 - person for all of the fraud, corruption, manipulation, false representation that occurred before, during and after the 2008 US financial crisis. A crisis that nearly broke the worlds financial system and brought our entire way of life to the breaking point.
For there to be a sane, reasonable expectation of something different occurring almost 20yrs later to a President who clearly makes the time and effort to pursue a witch hunt and character assassination, at whatever the cost, to anyone individual or entity that attempts to hold him or his inner circle accountable is a pipe dream.
But, this should not stop the rest of the world in clearly and accurately seeing and understanding what the US President, Government and Legal system truly is, now and over the recent decades, - Compromised, Corrupt and Crooked.
 
Awkward...


The Atlantic republishes JD Vance’s anti-Trump essay from 10 years ago​

Magazine invites readers to judge Vance’s ‘assessment’ of Trump, whom he called ‘cultural heroin’ during first term

The Atlantic on Saturday republished a JD Vance essay that dismissed Donald Trump as “cultural heroin” exactly 10 years earlier, bringing back to the fore his evolving from a critic of the president to his vice-president.

In an editor’s note, the magazine said it was republishing the essay on the occasion of its 10th anniversary – and the US’s semiquincentennial – “so that our readers can judge for themselves how well his assessment [of Trump] … has stood the test of time”.

The original essay was published during Trump’s first victorious presidential run, when Mike Pence was his running mate and before Vance entered politics. He worked at Mithril Capital Management, Peter Thiel’s venture capital firm, at the time and had just published Hillbilly Elegy, a bestselling memoir of his upbringing in the Rust belt that also served as a social commentary on the white working class.



 
LOL
This is the same country that convicted - 1 - person for all of the fraud, corruption, manipulation, false representation that occurred before, during and after the 2008 US financial crisis. A crisis that nearly broke the worlds financial system and brought our entire way of life to the breaking point.
For there to be a sane, reasonable expectation of something different occurring almost 20yrs later to a President who clearly makes the time and effort to pursue a witch hunt and character assassination, at whatever the cost, to anyone individual or entity that attempts to hold him or his inner circle accountable is a pipe dream.
But, this should not stop the rest of the world in clearly and accurately seeing and understanding what the US President, Government and Legal system truly is, now and over the recent decades, - Compromised, Corrupt and Crooked.
Or you could just be wrong. I suppose there won't be any resolution one way or the other, but for people who like to spend their time in bad humour, Trump delivers again. If the US isn't going to investigate its senior politicians when they do improbably well speculating, shrug.
 
Since this is more political than game mechanics, sharing this one here.
Wonder if FIFA got $300 million and rights to toll the Strait of Hormuz, too?
 
Wonder how many of these guys objected to being forced to wear masks in some places during COVID?

They're called Patriot Front and were waving Confederate flags in addition to the ol' stars and strips on the 4th, what do you think (because they don't)?
 
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