Summary

Donald Trump faced backlash after launching the $TRUMP cryptocurrency meme coin, valued at billions, days before his inauguration.

Experts, including former ethics officials, called it a major conflict of interest, as Trump has pledged pro-crypto policies while profiting personally.

First Lady Melania also launched her own coin, $MELANIA.

Critics warn the coins, which lack intrinsic value and are highly volatile, could lead to lawsuits and public losses.

Ethics experts described the move as one of the worst conflicts of interest in modern U.S. presidential history.

  • Madison420@lemmy.world
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    10 days ago

    Because this wasn’t going to happen anyway … ok. Blame the low man on the ladder instead of the dnc for refusing to put forward a candidate that anyone actually wants or policies that people actually give a shit about. Repubs do whatever and make us deal with it all anyone really asked the dnc was to shove that same shit down their throats for once.

    • LainTrain@lemmy.dbzer0.com
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      10 days ago

      Biden’s admin :

      1. orchestrated the fastest rollout of free vaccines to Americans in response to an awful pandemic

      2. he strengthened Obamacare,

      3. he got inflation under control,

      4. he forgave fuckloads of student debt,

      5. fixed the economy out of a recession that would’ve made the current cost of living look like paradise in less capable hands,

      6. cracked down on big tech monopolies,

      7. cracked down on junk fees/charges, cracked down on union-busting,

      8. did the legwork to ensure creation of jobs and an entire industry’s worth will be brought home,

      9. empowered federal agencies to monitor and regulate AI,

      10. passed bipartisan bills for $1.2 trillion investments in building and replacing crumbling US infrastructure,

      11. he strengthened privacy regulations and last but not least

      12. literally gave people free money.

      Did I mention he reduced violent crime, strengthened gun control, made birth control OTC, and that he did all of these broadly popular things alongside protections for minorities like trans people while dealing with every other branch of government and the Supreme Court being actively hostile?

      Things are fucking awful for sure, but they could be a helluva lot worse, and Biden and his admin is genuinely to thank for some of that.

      What was actually the problem with Biden again? That he’s just kind of old or like, not a very charismatic guy or something?

      Who the fuck cares if Biden mumbles, an ideal president should be a bookish nerdy guy with strong principles and belief in something who grew up to be able to tell whats baloney and what isn’t so he can hire competent, genuine people who will give him good advice he can implement.

      So you vote in another old, barely coherent guy but this one is also a corrupt racist convict backed by oligarchs and probably also Egypt and definitely Russia, who may or may not turn the country into a dictatorial clown show and who also made everything worse last time and embarrassed the nation on the global stage?

      Because what - he dances funny? Makes fun of veterans? Says Obama founded ISIS? Promoted horse dewormer as a cure?

      Or are you just nostalgic about the Walmart toilet paper brawls?

      What’s next, he’s gonna get shirtless and ride a bear too?

      I’m starting to think you Americans have genuine brainrot.

      If you want Left-Wing change (better employee protections, less inequality, affordable housing and rent, less exploitation, green policy, minority rights etc), you vote for the most Left-Wing choice you have and you vote hard and you do it over and over for a decade or so, then they get comfortable and brave and the more leftie factions can sway centrists in the party without worrying about losing elections.

      For a local example see the state of California, their Dems are way to the left of the Centre-Right that the national Dems occupy, and that’s because they don’t have to worry about being voted out and can afford to not please some of the electorate.

    • AbidanYre@lemmy.world
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      10 days ago

      It’s the fault of everyone who didn’t vote against this.

      We all know how the system works. Staying at home because Harris didn’t promise you a pony means you’re ok with this because it was always the only other option.

      • Madison420@lemmy.world
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        10 days ago

        You’re not listening. I didn’t say anything about Harris or her promises. I talked about the dnc not letting us have a candidate we actually like because they’re centrists playing liberal left not actual Democrats on the international political scale.

        All the rest is a result of that not the fucking cause.

          • Madison420@lemmy.world
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            10 days ago

            Yes because the person arguing we’re not left enough is totally into fascism? Really, genius reply there boss.

              • Madison420@lemmy.world
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                10 days ago

                “i can’t defend my statement so instead I’ll try futility to make fun of you”. It don’t work because I don’t care about your opinion on lemme check anything because you won’t stand for what you say. Instead you do these drive-by quips that you somehow think are clever. Try harder at least, if you’re going to be a douche be the best doucheiest douche.