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#corruption

204 posts100 participants22 posts today

Ezra Klein is Wrong: Trump and Musk are Enacting an Administrative Coup that Does Not Require our Approval to Succeed

"We are drifting toward territory only occupied by developing countries with whom we have little to no cultural connection. Anne Appelbaum just told The Bulwark podcast, “We’re now in the realm of illegality.” I spent one year in Cairo studying the Egyptian government where my readings left my jaw agape at how methodically Hosni Mubarak had gutted the oppositional husk from every institution, company, and organization. They were all crafted to serve the president, his family, and his military through an intricate web of incentives, bribes, and threats such that any internal pressure that emerged was squashed like a gnat.

Only two institutions stop leaders like these, the military and the people. This century, mass protests aided by military defections have brought down autocrats in Algeria, Bolivia, Egypt, Libya, South Africa, Sudan, Yemen, Zimbabwe, and most recently in Sri Lanka and Bangladesh. These are foreign to American political instincts. We have never needed to dig for this tool."
#coup #corruption brentgiannotta.substack.com/p/

Sleeping Giant · Ezra Klein is Wrong: Trump and Musk are Enacting an Administrative Coup that Does Not Require our Approval to SucceedBy Brent Giannotta

Trump family in discussions to take an ownership stake in #Binance, the world's largest crypto exchange and the recipient of the largest #moneylaundering fine in American history - $4.3 billion - after they admitted to having laundered money for all kinds of terrorist groups, #ransomware gangs, and pedophile rings.

The CEO #CZ went to prison (only for 3 months - lol) for all that money laundering and he now wants a pardon.

Oh, BTW, #TrumpCoin trades on Binance. In fact Binance is the largest market for #TRUMP on most days.

I'm sure that's just a coincidence.
wsj.com/finance/currencies/tru

"A car is a golf cart that goes really fast." Yes, Musk was explaining to Trump WHAT A CAR IS!!

And is anyone concerned that the POTUS is making a car commercial for his "boss"? Actually advertising on his social media platform and on national TV that he is going to buy a Tesla so he can boost Tesla's plunging stock!

youtube.com/watch?v=-VP7-2QlnG

"Musk donated $288 million to Republicans in the 2024 election cycle, and evidently, that affords him special treatment.

Hours after the [Tesla infomercial on the White House lawn] event, the public confronted a predictable coda: The New York Times reported that Musk has signaled to the president’s advisers that he intends to “put $100 million into groups controlled by the Trump political operation."

msnbc.com/rachel-maddow-show/m

MSNBC · Trump turns White House lawn into car lot for megadonor MuskBy Steve Benen
Continued thread

The Nerd Reich podcast, episode 1: The Network State

A deep dive into how tech billionaires like #ElonMusk are trying to dismantle traditional #governance to create their own #power structures through #crypto and #ArtificialIntelligence.
thenerdreich.com/the-nerd-reic

"we share bold predictions about where tech #authoritarianism is heading & reveal strategies for #resisting the growing control of billionaire #tech elites."

Continued thread

Donald Trump Backs His Co-President; Says Attacks On Tesla Dealerships Will Be Treated As ‘Terrorism’
techdirt.com/2025/03/12/donald

"Only attackers of this one company will be treated as domestic #terrorists, even as the hundreds of literal #DomesticTerrorists who raided the #Capitol building for the sole purpose of preventing a #democratic election from happening now roam free, thanks to Trump’s blanket #pardon."

#Musk#Trump#Coup
Continued thread

" #Republicans in #Congress are not being told that their appropriations will be ignored: they are being told that appropriations will be selectively ignored, and they will be protected.

#DOGE is accepting requests from Republican officials to reverse cuts in their jurisdictions. It is a form of #spoils system in reverse: your pet projects will be spared from elimination."
donmoynihan.substack.com/p/tru

Continued thread

Trump and Musk are building a new spoils system

When ideological targeting becomes cronyism
donmoynihan.substack.com/p/tru

"Trump, via #Musk, is engaged in #impoundment, which is #illegal & #unconstitutional. It also vastly weakens #Congress. & yet, the #Trump pitch to get Congress to pass appropriations is that he will ignore what they actually pass! Impoundment is a feature, not a bug, in their model for governing."

Continued thread

$42.5 Billion Broadband Grant Program Being Rewritten To Benefit Elon Musk
techdirt.com/2025/03/12/42-5-b

"there are $42.5 billion in broadband #grants... courtesy of the 2021 #infrastructure bill. The #GOP voted against the bill, but have repeatedly... taken credit for its looming #benefits among our broadly misinformed electorate. And, as we predicted, they’re now redrafting key components of the program to the direct benefit of #ElonMusk"

Continued thread

Elon Musk Finally Admits Social Security Is on the Chopping Block

The #DOGE chief has revealed his true goals in a #FoxNews interview.
newrepublic.com/post/192579/el

"Trump has said he won’t touch #SocialSecurity or #Medicare, but Musk’s entitlement math makes it clear that both those programs, as well as #Medicaid, are on the chopping block. Millions of older #Americans—many of them red-state #Republicans—will lose the vital benefits"

Continued thread

"Without gaining anything for the #UnitedStates, Trump has:

[done lots to help #Russia]

The result of a bad deal—making concessions to Russia while getting nothing in return—will not be fewer attacks against #Americans, but more. Having gotten Trump to roll over without conceding anything, why would Putin stop?"
thebulwark.com/p/trump-courts-

Continued thread

Trump Holds Bizarre, Rambling Tesla Commercial at White House

WTF were #DonaldTrump and #ElonMusk doing?
newrepublic.com/post/192623/do

"Trump claimed that the #boycott was unlawful...

Fact check: Boycotts are not illegal and are protected by the #FirstAmendment...

But #US regulations do prohibit federal employees from using their public office... “for the endorsement of any product, service or enterprise.”"

“Tariff chaos may be part of an illegal trading game.

Anyone who can predict what stock prices would do can make magnificent profits. And who knew that Trump was about to announce market-moving plans for bigger tariffs, then smaller tariffs, then sideways tariffs, then tariff delays? Trump knew.

He simply loves a good scam.
Recall how the #Trump Rebate Banking System suckered sad members of his cult: "Trump Bucks, Coins-."

#Corruption #Tariffs #StockManipulation #USPol
msn.com/en-us/money/top-stocks

Continued thread

Elon Musk and the the Threat of the Over-Mighty Subject, Part I
talkingpointsmemo.com/edblog/e

"Trump isn’t able to manage #Musk in the way he abuses and brutalizes the other toadies who crowd around him. Musk is clearly driving this train, with #Trump perhaps excited by the pain and anguish he’s creating, but still at best only okaying things after the fact."

Continued thread

Trump Turns White House Into an Elon Musk Marketing Gimmick

#DonaldTrump proves he’s totally subservient to #ElonMusk with his #Tesla stunt.
newrepublic.com/post/192586/do

"Elon Musk took such a massive financial hit Monday that ... #Trump is now moonlighting as a #car salesman...

It’s not clear why Trump’s spotlight would lend any help to #Musk now—the two are already publicly linked, and isn’t that part of the problem?"