Wealthy business leaders are turning on US President Donald Trump over his plan to impose a colossal set of tariffs on America’s trading partners, as losses mount on stock markets around the world.

Yeah, because of course they are. I mean, it’s not like they could have POSSIBLY known how bad the shitgibbon would shit the bed, right? RIGHT?!

  • Snot Flickerman@lemmy.blahaj.zone
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    5 days ago

    Are they really, though? Or are they just reading the room and pretending to give a shit while buying the dip so they won’t get Luigi’d?

    • CaptainPedantic@lemmy.world
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      Well, a group backed by Leonard Leo and the Koch brothers sued Trump because of tariffs. I’d say that’s giving a bit of a shit.

      These goons run companies who are notorious for only caring about this quarter’s profits. If they see profits drop because of bullshit tariffs, that’s going to hurt them today. And any benefits, if they ever appear, will take years to show up, so they’re not worth supporting.

    • disguy_ovahea@lemmy.world
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      5 days ago

      Millionaires and private equity are going to clean up. Most billionaires are cash poor and are losing big. Traders like Buffet can liquidate, but owners like Musk and Bezos can’t just sell off all ownership.

  • GoofSchmoofer@lemmy.world
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    4 days ago

    Another data point (if you needed one) that republicans and billionaires only give a shit about something when it affects them personally.

    Illegal deportations - not their problem

    threats to journalists - not their problem

    dehumanizing specific groups of people - not their problem

    thousands of federal employees losing their jobs overnight - not their problem

    defying constitutional amendments - not their problem

    Fuck with their ability to hoard more money - Shit we need to do something!

  • lemmydividebyzero@reddthat.com
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    We will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitat

    Awesome, so a democrat cannot fix it in 4 years and the population will vote for an idiot again. Endless circle of stupidity…

      • Boddhisatva@lemmy.world
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        5 days ago

        And maybe the next republican will have fairy wings and a magic wand. It’s just as likely as your suggestion.

        • galanthus@lemmy.world
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          5 days ago

          Being more competent than Trump is hardly remarkable.

          I believe you are being unfair to republicans. I understand the desire to caricature the other side, but this is unbecoming of Boddhisatva.

          • Boddhisatva@lemmy.world
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            5 days ago

            I believe you are being unfair to republicans.

            Nonsense. There were perhaps two republicans in Congress that stood up to Trump. They were both primaried. The age where a reasonable conservative can succeed in the Republican party is over.

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              Why would they not support him? A sizeable portion of their base love the guy. He has a lot of power.

              And why would the situation not change if a more sensible person assumed leadership of the party? Things can change rather quickly, and if his term goes badly I doubt the conservative establishment will appreciate another idiot nominee with a god complex.

              The democrats nominated a barely functioning senile man that can’t string a sentence together for president twice. That does not mean that every single nominee that comes after is going to have dementia, does it?

              • Boddhisatva@lemmy.world
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                The conservative establishment has lost control of the party. A sensible person cannot assume leadership of the party because that sizeable portion of the base you mentioned. They do not want reasonable things and they are profoundly vitriolic when they’re demands are not met. There simply aren’t enough reasonable conservative voters left to take back control of the GOP. If the leadership tried to force the issue, all those Trump voters will probably follow MTG or Donald Trump Jr to the libertarian party. That will leave the GOP without enough votes to beat the Democrats no matter who they put up. The only way the GOP can continue as a viable party is to stay extremist and keep feeding the monster they created.

                • galanthus@lemmy.world
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                  4 days ago

                  Maybe you are right, but I would not underestimate how quickly things can change. The did change quickly with Trump, did they not?

        • galanthus@lemmy.world
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          Would you rather not have a competent government? You are dramatising a bit I believe.

            • galanthus@lemmy.world
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              I assumed you meant the competent republican will be so successful, the party will win the next election and the dems will not be able to compete. So you would rather they fail and let you win.

              But now I realise that you actually implied they will rig the elections, which makes me think you are dramatising even more, since I doubt that will happen.

  • IndustryStandard@lemmy.world
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    Billionaires suddenly remember why they always backed the Democrats which kept trickling down the absolute bare minimum (even less actually) to the poors, instead of the Fascist which collapses the entire economy by sending everything to the rich.

  • 1995ToyotaCorolla@lemmy.world
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    4 days ago

    First they came for social safety nets, and I helped them along, for that’s more money in my pocket

    Then, they came for the minimum wage worker, and I helped them along, for that’s more money in my pocket

    Then they came for the forests, trees and all natural things, and I helped them along, for that’s more money in my pocket

    And when they finally came for the stocks and unregulated securities and offshore accounts, there was no one left to defend me

  • melsaskca
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    At the billionaires lair…“Hey guys! Let’s release a presser saying how we don’t like Trump!” Everyone starts laughing and saying things like “Ooohh! Those righty’s and lefty’s heads will explode!”.

  • Zero22xx@lemmy.blahaj.zone
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    Billionaires actually need to fucking go. My whole life there has been this hypothetical question of “what if billionaires actually used their money for good” along with this quiet acceptance by society that it’ll never actually happen.

    But now, as it turns out, not only are they doing nothing good for the world with their wealth but they actually actively use their wealth to buy up all the news organisations, push misinformation, prop up right wingers and inflict misery onto everyone.

    I think it’s great that they’re starting to turn on the orange painted clown with the comically large tie but that’s not because of his desire to hurt everyone that isn’t a white cis male and push hate, nope, that’s exactly what these fucking cunts wanted. It’s just that he’s a bit more fucking stupid than they bargained for now and now they’re numbers are going down. How awful for them.

    Fuck them. I hope that there’s nothing but guillotines and rope in their futures.

  • ExtremeDullard@lemmy.sdf.org
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    They’re jealous because only one billionaire got to penetrate the holy inner Trump circle, like a sick South African sperm crossing into the diseased MAGA ovum, to fuck with federal regulators and help his own businesses.

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      That will give birth to a deformed monster that will probably be a still birth

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        That’s what he tried to do.

        Also, he’s not done for yet: the vast majority of Musk’s business is government contracts. SpaceX in particular benefits greatly from the Musk corruption. It’s only Tesla that’s suffering (slightly) and it’s not the company Musk has the most shares in.

        • futatorius@lemm.ee
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          it’s not the company Musk as the most shares in

          Number of shares is an arbitrary figure. It’s the value of all those shares that matters.

    • Microw@lemm.ee
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      4 days ago

      This is not about Musk, Musk is not fond of the tariffs either. All of Trump’s stupid economic ideas are Peter Navarro’s doing

      • ExtremeDullard@lemmy.sdf.org
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        This is 200% about Musk. He backed the orange utan and now he’s having a leopard-eating face time. Well cry me a fucking river…

        Just because Musk is hurting too doesn’t exonerate him from blame. He created this situation he’s so unhappy about now.

        • Microw@lemm.ee
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          It is completely fine for you or the general public to make this about Musk’s leopard-eating face time. I agree with you on that.

          All I’m saying is that the reason these billionaires dislike tariffs has nothing to do with Musk, they have a very real different reason for that.

  • orcrist@lemm.ee
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    Right, of course they are. The problem is that this was always their strategy. Too many opportunities to make money and seize power, right? The chaos and lawlessness is good for that.

    For example, SCOTUS threw out Chevron last year, so it’s harder to enforce environmental regulations. Easy money. The labor oversight committees, the pro-consumer committees, those have all been gutted. Easy money. Even if they’re rebuilt, that’s another chance to game the system.