I didn't realize that manipulating the stock market was legal

[SHRED]

Learn something every day.



Trump faked phone call with China at G-7 summit, White House aides admit

The mystery behind a confusing phone call Donald Trump claims he had with "China" has been disclosed: The president made it up to try to boost the market.

https://www.yahoo.com/news/trump-faked-phone-call-china-183613538.html

[Kablooie]

1. The president is above the law and can do anything, didn't you know that?

Any Republican will tell you .

(As long as the president isn't a Democrat.
Then he is totally under the constraints of law or will be impeached.)

[democratisphere]

2. Welcome to the American Casino of Economics and Finance.

The House of the Wealthiest always wins!

[TreasonousBastard]

3. Back in the olden days of Trump, Inc. he learned about Pump & Dump

Got a little greedy, though, and Wall Street stopped listening to his bullshit.

https://www.reddit.com/r/wallstreetbets/comments/blxur4/trump_lost_67300000_trading_his_own_pump_and_dump/

More recently, he's been pumping his properties to get investors and sales, but that's falling apart, too. At least it was until he became President.

[Sewa]

4. Maxine Water should open an investigation

Into this. Also into Steve Mnuchin’s calls to bank CEOs on December weekend. The following Monday had the largest one day gain ever. I’m disappointed she hasn’t already looked into this

[sandensea]

5. And Cheeto no doubt sells short before every one of those 'market-rattling' tweets

Everything's a racket to these miscreants.

[RainCaster]

6. Everything is legal when you're a republican pResident.

But it only works if you are a GOP dude. If you are a Democrat getting blown by a consenting adult, you are Evil Personified.

[Voltaire2]

7. You would have to establish that he profited

from his bullshit. A pump and dump scheme is illegal but has to involve actual stock transactions.

[Vinca]

8. Trump is above the law. If he wasn't, something would come of this.

He's been manipulating the stock market for months and it's never mentioned by anyone in the government or in the media.