in his daily substack today. It is so fucking obvious that a third grader can see through it:
— Trump creates another pump-and-dump opportunity for the billionaires in his cabinet and people close to him (including his kids).
It’s pretty well documented that just before many of Trump’s market-killing tariff announcements people around him take profits by dumping their stocks when the market’s at a high, then buy back in when it hits bottom, typically the day before he backs off and the market rebounds. Yesterday, he did it again, this time threatening to impose a 50% tariff on goods exported from the European Union starting on June 1st. (Remember, he’s doing this entirely outside of the law and the Constitution itself, which gives the SOLE power to impose tariffs on Congress: he’s claiming “emergency” powers, but there hasn’t been an economic emergency in America since the last time he was president and he screwed up the response to Covid so badly that the market crashed worse than in 1929 and a half-million Americans died unnecessarily.) This follows the EU this week imposing substantial sanctions targeting 130 individuals and entities tied to Russia’s “shadow oil fleet” that’s been evading sanctions. Some Europeans are pretty sure Trump’s tariff “attack” on them is “payback” on behalf of Putin. And he keeps repeating the entirely false anti-EU talking point that Putin has repeatedly shared with him, saying this week: “The European Union, which was formed for the primary purpose of taking advantage of the United States…” For the record, the EU was created to prevent another war in Europe after two of them in the past century. It’s a safe bet that once the Trump family and friends are safely bought back into the cratered stock market he’ll come up with some minor “win” with the EU that’ll let him back off this threat, just like he did with China, so the market will rebound and Trump’s insiders will buy back in. It bears repeating: This is the most criminally corrupt administration in the history of America.
Sorry about the run-on paragraph but that is the way Hartmann. sent it. I italicized hoping that will make it a bit easier
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