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1. Embed this notice
   William Lindsey :toad: (wdlindsy@toad.social)'s status on Thursday, 06-Mar-2025 23:17:53 JST William Lindsey :toad:

   "The fluttering you are hearing in early March of this year is not the wings of finches and sparrows and chickadees returning to your bird feeder after a long winter away from the cold. It is instead the sound of millions of dollars flying into the pockets of Donald Trump, who Wired magazine reported yesterday is holding so-called 'candlelight dinners' for groups at the low low price of $1 million per head."

   ~ Lucian K. Truscott

   #Trump #corruption #economy
   /1

   https://luciantruscott.substack.com/p/how-to-tell-when-trumps-presidential

   • Embed this notice
     William Lindsey :toad: (wdlindsy@toad.social)'s status on Thursday, 06-Mar-2025 23:37:12 JST William Lindsey :toad:

     in reply to

     "The crypto fund is only the latest example of ascendant crony capitalism in Trump’s Washington. The president is strip-mining taxpayer resources and doling out contracts and favors to the politically connected. The risk is not just corruption, but higher interest rates and less competitive markets."

     #Trump #corruption #economy #crypto #CronyCapitalism
     /4

   • Embed this notice
     William Lindsey :toad: (wdlindsy@toad.social)'s status on Thursday, 06-Mar-2025 23:37:13 JST William Lindsey :toad:

     in reply to

     "Congratulations, American taxpayer: You are going all in on crypto.

     This weekend, President Donald Trump announced that he is moving forward with a plan to create a strategic cryptocurrency reserve, purchasing bitcoin and ether, as well as the more esoteric instruments XRP, solana, and cardano."

     ~ Anne Lowrey

     #Trump #corruption #economy #crypto #CronyCapitalism
     /2

     https://www.theatlantic.com/ideas/archive/2025/03/trump-crypto-capitalism/681919/?gift=j43dmafZti9kgQ5HJxDAVON7lKR2Kn9WYG0OJaGlWv8&utm_source=copy-link&utm_medium=social&utm_campaign=share

   • Embed this notice
     William Lindsey :toad: (wdlindsy@toad.social)'s status on Thursday, 06-Mar-2025 23:37:13 JST William Lindsey :toad:

     in reply to

     "For the taxpayer, the purpose of such an initiative is obscure. The crypto industry is a hyper-speculative casino. It is not essential to the American financial system, nor are cryptocurrencies essential to the American public. Workers cannot put bitcoin in their gas tanks; parents cannot feed XRP to their kids; businesses do not need cardano to build roads, light cities, produce vaccines, or provide loans to homeowners & entrepreneurs."

     #Trump #corruption #economy #crypto #CronyCapitalism
     /3

     Paul Cantrell repeated this.