The dumb ones will. The smart ones know that demagoguery and authoritarianism can impact trade and currency valuation, and investing in them is a great way to lose a lot of money.
Yet, he will happily carve out ginormous advantages for his big backers. So they don’t give a shit if the castle falls as long as they can loot the treasury and get out first.
… the lion’s share of confirmed contributions from the biggest political givers—the top 100 families—have flowed to Republican candidates and groups.
In the “hard money” category—direct donations to candidates, which federal law caps at modest sums—Republicans took in 27 percent more from the Top 100 families than Democrats did ($85.9 million vs. $67.9 million).
But looking at all federal contributions, including “soft money,” a category that tallies the generous donations allowed to party committees and the unrestricted contributions to SuperPACs, Republicans raked in a whopping $508 million from the Top 100—triple the Democrats’ $169 million take.
“But he says he’d cut my taxes 5% so I’m giving him $100 million in dark money,” they continued.
The dumb ones will. The smart ones know that demagoguery and authoritarianism can impact trade and currency valuation, and investing in them is a great way to lose a lot of money.
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Don’t confuse intelligence with greed.
Trump is bad news for stability.
Yet, he will happily carve out ginormous advantages for his big backers. So they don’t give a shit if the castle falls as long as they can loot the treasury and get out first.
Not every billionaire thinks Trump is the best way to get richer. Many think he’s a good way to lose a lot of money.
Greed gonna greed. Some billionaires think Trump will make them money, others think the opposite.
But that’s in the future. I want that tax cut now!
I wish your faith in the oligarch class was justified.
Nope. The rich are greedy and I’m just saying that not all of them think Trump is smart investment.
https://www.motherjones.com/politics/2024/06/rich-top-100-campaign-donors-lean-trump-republican/
Some of them care more about power than even their own quality of life
That is the real issue.
Can’t cut taxes if you don’t pay taxes to begin with. Does not compute.
Of course he will save the RICH a lot of money but the majority of working folks will pay dearly.