this post was submitted on 11 Apr 2025
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The market surge added over $300 billion to the collective wealth of the world's top billionaires in a matter of hours, according to Bloomberg. Shortly before announcing the tariff pause, Trump posted to his social media platform that it is a "great time to buy" stocks, prompting accusations of market manipulation.

A video clip of U.S. President Donald Trump openly boasting about enriching his billionaire friends is drawing outrage as the administration faces growing scrutiny for possible market manipulation and insider trading in the aftermath of his partial tariff pause.

"He made two-and-a-half billion today," Trump said in the Oval Office on Wednesday, just hours after announcing the pause, "and he made $900 million."

"That's not bad," the president added.

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[–] Asafum@feddit.nl 88 points 5 days ago (2 children)

Yes, but what did he DO for that money?

"Made a few phone calls. Moved money from one place to another. 2 1/2 billion, done."

Elsewhere in Fuckmerica:

"And why exactly do you think you deserve a $70k salary Mr.WithoutMeYourAssemblyDepartmentCollapses? That's an outrageous demand."

[–] JokeDeity@lemm.ee 3 points 4 days ago

Ha ha ha. I always feel like jumping off a bridge when people post money stuff on here. I made fucking about a 3rd of that busting my ass.

[–] Embargo@lemm.ee 39 points 5 days ago (1 children)

Give me a call when these guys face any real world penalties. The rest of us receive life crippling repercussions for much much less.

[–] HasturInYellow@lemmy.world 12 points 5 days ago

Luigi! Luigi, where are you?!?

[–] JokeDeity@lemm.ee 8 points 4 days ago

It's a joke to suggest anyone in American history has been a bigger crook. Easily the most corrupt president by miles.

[–] Natanox@discuss.tchncs.de 11 points 4 days ago

There's hardly any better advertisement or even political activism in favor of democratic socialism than whatever this orange caricature of a human is doing.

[–] NoForwardslashS@sopuli.xyz 20 points 5 days ago
[–] dependencyinjection@discuss.tchncs.de 10 points 5 days ago (1 children)

I think that the billionaires part really just reversed the drop when they were announced.

What we should be outraged by is the message on truth social that it’s a good time to buy. We should look at who bought before the news broke to profit on the way up.

[–] pelespirit@sh.itjust.works 6 points 5 days ago (1 children)

I think that the billionaires part really just reversed the drop when they were announced.

Why would you think that? He bragged about them making a shit ton of money while they were in his office. He obviously thought he had something to do with it and wanted them to "pay him back" somehow.

Because he’s an idiot, but I could be mistaken. As I said you should look at how bought right before the news broke.

[–] MonkderVierte@lemmy.ml 3 points 4 days ago

There's one time he doesn't lie and people get outraged.