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Posted
18 hours ago, Longhorn_Fan68 said:

did you forget to log out of your sock or are you fellating yourself?

No way he can reach

Posted
19 minutes ago, crash_davis said:

congress-stock-scandal-v0-ftpwvjssi1ue1.

A nice talking point, but they're not stupid.  The profiteering occurs in hedge funds, which are not registered with the SEC or subject to their oversight.

Yes, it is exactly what it looks like, and no, nothing will happen to anyone.  Same as it ever was.

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Posted
7 minutes ago, TexArcher said:

A nice talking point, but they're not stupid.  The profiteering occurs in hedge funds, which are not registered with the SEC or subject to their oversight.

Yes, it is exactly what it looks like, and no, nothing will happen to anyone.  Same as it ever was.

Hedge funds are regulated by both the SEC* and FINRA.  

 

*As long as they have assets over $150 million.  The ones that would profiteer off inside trading with members of Congress most certainly hit that amount.  $150 AUM is nothing.

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Posted
6 minutes ago, gsoda3 said:

Hedge funds are regulated by both the SEC* and FINRA.  

"Regulated."

200w.gif?cid=6c09b952qy9oigxrdhvr6in75be

The SEC and its enforcement mechanism - as anything independent of what they are directed to do/not do by Trump - no longer exists.

Quote

The new executive order also establishes that “[t]he President and the Attorney General’s opinions on questions of law are controlling on all employees in the conduct of their official duties. No employee of the executive branch acting in their official capacity may advance an interpretation of the law as the position of the United States that contravenes the President or the Attorney General’s opinion on a matter of law, including but not limited to the issuance of regulations, guidance, and positions advanced in litigation, unless authorized to do so by the President or in writing by the Attorney General.”

There is no SEC.  Insider trading by affiliates of the Trump Regime is not a thing, as no entity can enforce it.

Are you starting to get it now?

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Posted
26 minutes ago, Brisketexan said:

"Regulated."

200w.gif?cid=6c09b952qy9oigxrdhvr6in75be

The SEC and its enforcement mechanism - as anything independent of what they are directed to do/not do by Trump - no longer exists.

There is no SEC.  Insider trading by affiliates of the Trump Regime is not a thing, as no entity can enforce it.

Are you starting to get it now?

Which employees of the executive branch are moonlighting at Hedge Funds?

Posted
46 minutes ago, gsoda3 said:

Hedge funds are regulated by both the SEC* and FINRA.  

 

*As long as they have assets over $150 million.  The ones that would profiteer off inside trading with members of Congress most certainly hit that amount.  $150 AUM is nothing.

 

The * is important.  There are tons of hedge funds that are intentionally kept below the registration and oversight threshold.

That's not even really worth getting into.  A lot of chicanerous shit has always happened in hedge funds.  Donnie and Friends profited massively from the last two weeks, on the downswing and again on the upswing, and he created both.

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Posted
Which employees of the executive branch are moonlighting at Hedge Funds?

Dude. DUDE. These things are not limited to “employees of the executive branch.” This is about the Trump Regime, which includes a shitload of people who are not technically employees of the government. There are people affiliated or connected to the Trump orbit who are getting special info/favors, to their immense profit. Do they then slip a little something to the Godfather, by any of a jillion mechanisms? Yep.
Wake. Up.
Posted
8 minutes ago, TexArcher said:

 

The * is important.  There are tons of hedge funds that are intentionally kept below the registration and oversight threshold.

That's not even really worth getting into.  A lot of chicanerous shit has always happened in hedge funds.  Donnie and Friends profited massively from the last two weeks, on the downswing and again on the upswing, and he created both.

 

Donnie and Friends are undoubtedly getting rich on this.  No question about it.  My issue is you said it's happening at hedge funds because they're not registered with the SEC and aren't subject to oversight.  That's just not true.   

 

1 minute ago, Brisketexan said:


Dude. DUDE. These things are not limited to “employees of the executive branch.” This is about the Trump Regime, which includes a shitload of people who are not technically employees of the government. There are people affiliated or connected to the Trump orbit who are getting special info/favors, to their immense profit. Do they then slip a little something to the Godfather, by any of a jillion mechanisms? Yep.
Wake. Up.

That EO you posted specifically said "employees of the executive branch".  Employees at hedge funds, including the partners, are not part of that EO and aren't exempt from SEC or FINRA requirements.  

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Posted
That EO you posted specifically said "employees of the executive branch".  Employees at hedge funds, including the partners, are not part of that EO and aren't exempt from SEC or FINRA requirements.  

Sigh. But the people who would enforce against the hedge fund people ARE subject to the EO. “Hey SEC, don’t enforce against the guys at Hedge Fund Alpha. They’re friends of the admin. Capiche?” That’s it. That’s how a fascist mafia state works.
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Posted
1 hour ago, gsoda3 said:

Donnie and Friends are undoubtedly getting rich on this.  No question about it.  My issue is you said it's happening at hedge funds because they're not registered with the SEC and aren't subject to oversight.  That's just not true.   

Some hedge funds are registered and regulated, and some are not.  What I said was that they were getting rich in hedge funds which are not registered and regulated.  We're saying the same thing differently.  But that doesn't really matter.  Fuck these profiteering fucking crooks.

Posted
1 minute ago, Francisco 2.0 said:

 

 

....and stuff like this is how it really gets going, and snowballs.  

We take our ball and go home....which leaves us stuck at home, inside and alone, with our ball.  Yay.  What sweet victory.

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Posted
Just now, TexasEd said:

Elon wondering if this is what winning looks like

 

I half expect Elon to demand some kind of punative action by Trump towards those mean folks in Brussels, or some kind of performative lawsuit.

I hope to hell that the Chinese government kicks money back to citizens of the EU for purchasing a Chinese branded EV.

 

 

 

Posted (edited)
11 minutes ago, Francisco 2.0 said:

 

I half expect Elon to demand some kind of punative action by Trump towards those mean folks in Brussels, or some kind of performative lawsuit.

I hope to hell that the Chinese government kicks money back to citizens of the EU for purchasing a Chinese branded EV.

 

 

 

Elmo about to learn THE lesson. Everyone in Trump's orbit goes down except him.

https://i.imgur.com/jj3Bzbi.png

 

Edited by Thatguy
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Posted
1 hour ago, Brisketexan said:


Sigh. But the people who would enforce against the hedge fund people ARE subject to the EO. “Hey SEC, don’t enforce against the guys at Hedge Fund Alpha. They’re friends of the admin. Capiche?” That’s it. That’s how a fascist mafia state works.

But they're not. The SEC isn't a government agency. 

Posted
3 minutes ago, gsoda3 said:

But they're not. The SEC isn't a government agency. 

are you making some sort of super subtle semantics point that i'm missing or something? are you talking about the conference within which the university of texas competes in sports?

or are you talking about the independent federal government agency created by the securities exchange act of 1934?

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Posted
6 minutes ago, gsoda3 said:

But they're not. The SEC isn't a government agency. 

What....the....fuck?  Because.....

Just now, sidis said:

are you making some sort of super subtle semantics point that i'm missing or something? are you talking about the conference within which the university of texas competes in sports?

or are you talking about the independent federal government agency created by the securities exchange act of 1934?

 

Posted
42 minutes ago, Francisco 2.0 said:

 

I half expect Elon to demand some kind of punative action by Trump towards those mean folks in Brussels, or some kind of performative lawsuit.

I hope to hell that the Chinese government kicks money back to citizens of the EU for purchasing a Chinese branded EV.

 

 

 

Maybe something like a tariff. 

Posted
5 hours ago, Firemans4Horn said:


Release the new tape: “You’re down $1.75bn today. You’re down $700mn today”

They probably sold before closing

Posted

Between claiming that the SEC isn’t a government agency over here and claiming Mark Cuban lost hundreds of millions of dollars on the Mavericks over in the basketball forum, gsoda is really on one this afternoon 

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Posted
27 minutes ago, Doc Sam Beckett said:

Ron calling Donald an ass clown got a chuckle. What's the deal with Mexico and Texas farmers that has the ass clown all worked up?

Texas is running low on water. We want Mexico to get us some.

There is some ancient treaty that may or may not mean they should give us some. I don't really trust Trump's interpretation of some ancient treaty.

I have a feeling it is one of those things that is technically true but everybody has just been ignoring it for decades. But I am not sure.

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Posted
3 hours ago, sidis said:

are you making some sort of super subtle semantics point that i'm missing or something? are you talking about the conference within which the university of texas competes in sports?

or are you talking about the independent federal government agency created by the securities exchange act of 1934?

 

Hah, no I completely messed up.

 

3 hours ago, Brisketexan said:

What....the....fuck?  Because.....

 

What I meant was they're not an executive branch agency.  They don't fall under that EO.  Their independence was intentionally created to shelter them from these types of circumstances.

Posted
On 4/9/2025 at 7:53 AM, Captainant said:

The only way to get """business leaders""" to change their minds is to have a multi-million dollar consulting contract tell you what you should think. So fuckin many of the executives I work with don't know their ass from their elbow and are just cravenly cashing checks and blindly co-signing whatever dumb shit OW or Deloitte are pushing this year. Nevermind that it's just a turn around from the previous direction, which was a turn around from the one prior.

They don't know their business, they just know how to dance for the stock market so they'll get their quarterly bonus before they jump ship to the next host for their parasitic existence

I've never really been in corporate America but what you describe is basically what I've always assumed. The concept of consulting has always amused me. Seems a lot like paying people to do work you could do yourself just so you can scapegoat them if it goes poorly or is unpopular. 

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Posted

Oh really?  You don't say?  So it's happening just like we ---- and every economist from Adam Smith to Thomas Sowell to Ludwig von Mises ---- said it would?

 

Amazon CEO.jpg

10 hours ago, royiv said:

Rupar posts on Bluesky and the video has already been posted here via that platform. Get off of Twitter.


No.

Posted
17 hours ago, Firemans4Horn said:

 

I saw this handy chart that helps illustrate the point Furman is making.  I wish there was a column that showed the tariff situation pre-Trump.

 

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Posted

China goes to 125% of US imports

https://gss.mof.gov.cn/gzdt/zhengcejiedu/202504/t20250411_3961824.htm

 

Quote

 On April 10, 2025, the US government announced that the "reciprocal tariff" on Chinese goods exported to the US would be further increased to 125%. The US's arbitrary imposition of abnormally high tariffs on China seriously violates international economic and trade rules, disregards the post-World War II global economic order built by the US itself, and violates basic economic laws and common sense. It is completely a unilateral bullying and coercion. China strongly condemns this. 

 

Quote

  In accordance with the Tariff Law of the People's Republic of China, the Customs Law of the People's Republic of China, the Foreign Trade Law of the People's Republic of China and other laws and regulations and the basic principles of international law, and with the approval of the State Council, the State Council Tariff Commission has announced that the additional tariff rate stipulated in the "Announcement of the State Council Tariff Commission on Adjusting the Measures for Imposing Additional Tariffs on Imported Goods Originating in the United States" (Tax Commission Announcement No. 5 of 2025) will be adjusted from 84% to 125% from April 12, 2025. Other matters shall be implemented in accordance with the "Announcement of the State Council Tariff Commission on Imposing Additional Tariffs on Imported Goods Originating in the United States" (Tax Commission Announcement No. 4 of 2025). 

 

Quote

  Even if the US continues to impose higher tariffs, it will no longer make economic sense and will become a joke in the history of world economy. At the current tariff level, there is no market acceptance for US goods exported to China. If the US continues to play the tariff numbers game, China will ignore it. However, if the US insists on continuing to substantially infringe on China's interests, China will resolutely counterattack and fight to the end. 

 

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Posted

That was inevitable.  We’re not a reliable trading partner anymore.  This is generational.  China is going to suffer unbelievably in the short term but we’re going to see consequences for the next twenty years to this silliness.  
 

I think our best bet is going to be to hope former allies forgive us for our collective stupidity on trade for the next few years.

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Posted
1 hour ago, Texas Jeff said:

By October we are going to be waist-deep in soybeans.

Edamame for everyone!

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