Markk wrote: ↑Sun Jan 19, 2025 1:58 am
Well, that is not what I wrote. More Billionaires supported Biden, than Harris, period.
And there’s a herd of pink unicorns living down by the corner gas station, period.
See how easy it is to say something while offering no information to support the statement?
But I wouldn’t be surprised that some folks who had already given to the Biden campaign gave no
more after Harris was switched in. In and of itself, this seems a meaningless observation, even without backup facts.
Lobbyists for major corporations live in DC. And the are filling the pockets of politicians. Whether right or wrong, I believe Trump is a threat to the side hustles of many of these politicians, on both sides.
I see. You believe that lobbyists are only employed to lobby for things that are of no interest to the
present Administration, so they will all quit and go home, now. And that the fellow who hawks golden sneakers, cheap cologne, crappy vodka, bad steaks, fraudulent ‘university’ titles, virtual trading cards, Chinese-printed bibles, nonexistent watches, and cryptocurrency scams is above any interest or need to partake in … any
more ‘side hustles’.
That’s an interesting theory you have, there. : )
How did as an example, Hillary, earn 100 million dollars while making a few hundred K a year in salary?
Politicians are still allowed to invest in things. Sometimes even brainless investments pay off big. Last year, the S&P 500 returned 25%. The average yearly return over the last 30 years, adjusted for inflation, is around 8.25% per year. If all Bill and Hillary ever did was load $10 million into an index fund back in 1995, it would be worth $108 million today. You know how compounding works; how difficult is it to see how people with money end up with lots more money as long as they aren’t braindead?
As example, if you thought that Trump made most of his money via real estate, you might be surprised to see that vast amounts of his income derives from
common government bonds. Check it out:
https://www.documentcloud.org/documents ... ated-8923/
The whole Trump is forming a oligarchy is just the latest talking point and nonsense. Many of the "oligarchs" supported Clinton, Obama, and Biden.
That doesn’t mean that one or more billionaires cannot be exerting undue influence now, under Trump. Certainly, there has been no equivalent to, as example, billionaires Ramaswamy and Musk’s influence at the table today, either in having provided disproportional dollar amounts to Trump’s campaign, or in being awarded their own agency to unilaterally decide what is worth spending government money on or not, in the midst of holding millions of dollars in government contracts through their own companies. No contemporary Presidency has experienced or allowed this.