Thursday, November 07, 2024

Trump Win Makes 10 Richest Men $64 Billion Richer

The fortunes of the ten richest people in the world surged by a daily record as Donald Trump won a second term as president.

More

Comments

"Much of the gains for the ultra-rich come down to a surge in US stocks, underscoring bets that Trump, on his return to the White House, will implement an agenda favoring lower taxes and less regulation."

Once the GOP has run the Country into the ground, people will elect a Dem again to clean up the mess they made with yuuge tax cuts for the very wealthy and pat on the head for their Trump Cult voters.

A cycle that has been going on for at least half a century now... Republicans F it up, and Dems clean it up.

#1 | Posted by Corky at 2024-11-07 01:13 PM

So, their recent political donations were essentially no cost to themselves. Starting to see how they've gamed the system?

#2 | Posted by TrueBlue at 2024-11-07 01:54 PM

True, Blue.

Musk et al were making investments... which are already profitable.

It seems that offering million dollar prizes for people to vote is also a winner.

#3 | Posted by Corky at 2024-11-07 02:00 PM

Golden Rule:

Those who have the gold, make the rules.

#4 | Posted by TrueBlue at 2024-11-07 02:05 PM

#4

They've actually made that the rule with Citizens United and making money equal speech.

"He who has the money makes the rules".

#5 | Posted by Corky at 2024-11-07 02:15 PM

Many of the Founding Fathers were men of means. However, they did not codify their wealth as a means to control the nascent republic. Where are such men of wisdom/character these days ...

#6 | Posted by TrueBlue at 2024-11-07 02:23 PM

"Musk alone added $26.5 billion to his pot."

That's an awfully good profit on merely a $200 or so million investment. Including the public bribes to voters.

And you know what... that alone makes it right and fair, moral and legal these days; if you make a lot of money, you must be a worthy human being, eh?

#7 | Posted by Corky at 2024-11-07 04:32 PM

Drudge Retort Headlines

Trump Closer to 270 (383 comments)

Trump Wins (215 comments)

Heather Cox Richardson: 'These Results Were a Surprise to Everyone' (123 comments)

Win Means End to Federal Cases Against Trump (48 comments)

Live: Kamala's Concession Speech (34 comments)

Trump Wins Dearborn Amid Anger over Gaza (31 comments)

Trump Victory Will Signal Shift in Ukraine War (22 comments)

Trump's New Tariffs Proposal for Mexico Most Deranged Yet (20 comments)

Americans Rejected the Incumbent Party (19 comments)

Harris Called Trump to Congratulate Him (18 comments)