#trump's business fails
Explore tagged Tumblr posts
tomorrowusa · 6 months ago
Text
Tumblr media
Trump Media & Technology Group, the parent company of the misnamed Truth Social, hit its lowest point this past week since its shares went public on March 26th this year.
Trump Media stock falls below $20 per share, a first since company went public
The monthslong Trump Media stock slide continued Wednesday, as shares of the company majority-owned by former President Donald Trump fell below $20 for the first time since the Truth Social maker went public more than five months ago. The stock price of DJT touched a low of $19.38 per share around midday, marking a drop of more than 75% from its intraday high on March 26, the day the company debuted on the Nasdaq stock exchange. [ ... ] Trump owns nearly 59% of Trump Media’s stock. Even after losing much of its value, Trump’s stake at Wednesday’s stock price is still worth more than $2.2 billion — more than half of his on-paper net worth, according to Forbes. Trump, and other company executives and insiders, are bound by lock-up agreements that have so far barred them from cashing in on their shares. But the lock-ups are set to expire as soon as Sept. 20, at which point Trump may choose to start selling his shares. Trump has given no indication that he plans to cash out once he is able to do so. But speculation has flared that he might, especially as Trump Media’s latest earnings reports show it losing millions of dollars and generating little revenue. If he does sell — or if he even appears likely to — investors could lose confidence in Trump Media, a situation the company’s own regulatory filings have acknowledged.
It's easy to imagine a scenario where Trump cashes out in late September, other investors lose confidence in the company, and then the share price plummets to junk status.
Almost everything with Trump's name on it is a fail, a scam, or both. Yet there's this mythology about Trump, nurtured by his "reality" show The Apprentice, that he is some sort of genius businessman. It's this failure to distinguish actuality from entertainment which has led to the threat to democracy in the United States since that famous escalator ride in 2015.
18 notes · View notes
Text
Tumblr media
475 notes · View notes
lady-raziel · 7 months ago
Text
hilarious that with each new day that passes a new bit of dirt from JD Vance's past gets discovered and plastered over the internet...it's almost as if this is why presidential campaigns have always announced their running mates well before the convention...so that if glaring issues with a candidate came to light quickly there would be time to replace them on the ticket before they were officially locked in...it's almost as if certain things in political campaigns were done for a reason, donald...because the very same critical failures had happened before...but no i'm sure you and your guys attempt to recreate a fantasy version of history while ignoring all the reasons that history was a disaster will work this time...because you are built different and the 10000th time trying fascism will work like a charm...
#us politics#politics tw#i view the MAGA movement like this:#the conservatives have been desperately trying to jam a square peg into a round hole for a very long time#and they keep trying because one of these times its GOT to work! a very long time ago they heard the hole was more squarelike#so if they just TRY hard enough it will work!#failing to understand that the hole has become weathered and changed over time and the solution they are trying#will never work (if it ever did)#and then donald trump comes along and looks at the square peg#lobs one of the corners off and proclaims 'this is a triangle! THIS will work! I am so smart!'#and everyone around him is like 'whoa! this guy gets it! he's a genius and understands the problem! he's our savior!'#ignoring the fact that the peg is not a fucking triangle. it's just a deformed square now#so its still not going to work. and even if it WAS a triangle it still wouldn't work because THE HOLE IS ROUND.#it's the same damn peg but it looks a little different so everyone thinks its a genius solution that is DEFINITELY going to work#so they're all excited! they're FINALLY going to prove those idiots trying different types of oval pegs wrong!#they were right all along and it just took donald trump to see it! thank goodness he came along!#but that's just it-- he WAS just COMING ALONG. he was just walking by and saw an opportunity. he never spent time trying to make pegs#all he did was saw a crowd and took a chance to break an already failing peg even further#but because the people were desperate and it was different enough it seemed revolutionary#and now some of the conservatives--who can still see that the 'triangle' peg isnt a triangle are starting to look around#and see that elsewhere there have been some who have forced a triangle into the center of the round hole#and these people think well what if we ACTUALLY tried a real triangle?#and it does not matter to them in the slightest that it will never be the true solution to filling the hole#they just want credit for solving the problem#and so they are going to back donald trump and when the time is right put a real triangle in his hand#while the people trying ovals are busy arguing over the right type of oval#and once the triangle has been jammed into that hole...well...#it is going to be really really hard to force out#anyway thats a long and complicated metaphor and i probably should have just put it in its own post aaaaaahgh#long story short dont be a fascist triangle alright
164 notes · View notes
whydidisavethistomyphone · 4 months ago
Text
56 notes · View notes
spidermartini · 10 months ago
Text
Tumblr media Tumblr media Tumblr media Tumblr media
Tumblr media
I need Republicans to STOP saying that he is a good business man. He tanks every business that he has ever touched or gotten near. If the Trump name is on the business, rest assured it will fail.
His supporters in middle America defend him and unlike, say New York/New Jersey residents, they don't, and haven't, actively watched the disintegration of his businesses over VERY short periods of time. They maybe never saw a show at Trump Marina in AC, back in the day..... and don't know what shit holes his companies are.
The Trump name does NOT equal class, money and high end....quite the opposite. Tacky, trashy, thrown together and not maintained. They are gauranteed to go bankrupt, if indeed they ever get off the ground to begin with.
6 notes · View notes
queeringhope · 14 days ago
Text
… whose cars lock their drivers inside when the batteries burst into flames 🔥
Tumblr media
27K notes · View notes
nickbutnodick · 21 days ago
Text
so like big day yesterday gang
0 notes
elsaclack · 1 month ago
Text
Yeah okay so like I said in the tags of the last post I’m rising from my tumblr grave to say that the ban on TikTok is symptomatic of a MUCH larger and more terrifying problem. Because yes, on its surface it’s silly dances and asmr and cooking videos and whatever, but in truth and at its core, TikTok single-handedly revolutionized the way 170 million Americans communicated with each other AND the rest of the world. Non-Americans love to point out how America-centric Americans are, but fail to realize that we are purposefully raised in an isolated, insulated environment where we are told from basically day 1 that America Is The Best and not to even bother taking a look around because it’s all downhill from outside of here. TikTok has, for MANY Americans, single-handedly destroyed that notion and allowed them (us!!) to broaden our world-view and realize that actually, things are better in other countries, and it did so in a kind, empathetic, and compassionate way.
And yeah most people wake up to the truth of that on their own as they get older, but holy shit!! The VAST majority of the Americans on TikTok are millennials and gen z (and even some older gen alpha)!! People who are becoming disillusioned with “The American Dream” (said with the HEAVIEST sarcasm) while they’re still school-aged or are just entering young-adulthood!! People who are entering - or TRYING to enter - the American workforce who suddenly have an unfiltered window into non-American lives and are wondering why tf we’re struggling and penny-pinching and toeing the line of poverty while our rich elected officials sit around and fight and argue over everything that actually matters to the citizens they supposedly represent and get richer all the while. THAT is why they’re banning the app, and that fact alone should terrify every single American citizen.
Not to mention the precedent it sets for other social media platforms!! You think some nebulous, unproven, and unfounded “threat to national security” will stop with TikTok?? They’ve already censored Adult Material on tumblr, who’s gonna stop them from coming back and doing it again or getting rid of it altogether for the exact same reason? It’s a blatant act of censorship and a direct attack on the American first amendment right to free speech.
NOTHING radicalized me the way tiktok did. I watched people in my life who were STAUNCH Trump supporters in 2016 AND 2020 wake up to the truth and vote blue for the first time in their lives BECAUSE OF TIKTOK, and did so with al the nuanced understanding that even Democrats are severely failing this country, but are at least better than the alternative. That level of awareness and presence in the average US citizen scares American politicians.
The fact that the vast majority of them - including the ones loudly opposing the ban!! - bought stock in Meta BEFORE the ban was legalized/upheld by the Supreme Court?? That Mark Zuckerberg and Elon Musk were legally allowed to lobby congress to ban TikTok when BOTH stood to DIRECTLY financially gain from their biggest competitor being banned in the US and are guilty of unethically gathering data and selling it to MULTIPLE third parties?? The fact that Trump is now teasing that he may or may not intervene to save TikTok when he was the one who talked about banning it in the first place AND ALSO OWNS HIS OWN COMPETING SOCIAL MEDIA PLATFORM??
It’s the burning of Alexandria. It’s the loss of a significant chunk of culture. It’s the sharp and sudden loss of contact with the rest of the world for more than half of all American citizens. It’s the loss of $240 BILLION dollars in the GDP when the country is already TRILLIONS of dollars in debt. And on an individualistic level, it’s the loss of millions of small businesses and primary income streams for so many individuals and families who found their primary audience on TikTok. Is the app perfect? HELL no. Are there significant changes needed to make it a safe environment for all users? ABSOLUTELY. But that can also be said of ANY social media platform. TikTok openly fostered connection and communication and creativity and compassion that is completely unique to that platform! It made so many people - myself included!! - feel less alone. I get the feeling I know what the general consensus is about TikTok on this site, but the ban on this app should scare the shit out of everyone.
3K notes · View notes
yourapple56-blog · 1 year ago
Text
youtube
Did you know about these failed business ventures of Donald Trump?
1 note · View note
cynicalclassicist · 4 months ago
Text
We must make sure that Trump fails here! That Project 2025 fails!
And yet you still get people who swallow the idea that Trump is a brilliant businessman who will make the country better! All he does is make more money for awful rich types like himself! And yes, you can read that two ways.
Tumblr media
104 notes · View notes
batshit-auspol · 1 year ago
Text
Tumblr media Tumblr media
So a bit of background first for our international followers: Clive Palmer is one of Australia's many mining billionaires who like to meddle in our country's politics, and as such he is utterly despised by all of Australia.
Picture for context:
Tumblr media
He is most commonly known online by the title "Fatty McFuckhead", (problematic as it may be) because he tried to sue a youtuber for $500,000 for calling him that - and he lost. So the name stuck.
Tumblr media
Up until his most recent foray into parliament, the legally certified Fuckhead was best known for his batshit business ventures, such as attempting to build "The Titanic 2" (failed) and trying to build a dinosaur theme park (also failed, but at least nobody got eaten by a T-Rex in this one).
For a very long time Clive played the role of sugar daddy to Australia's largest conservative party, the ironically named Liberal Party, until they had a falling out in 2012 after Clive claimed there was too much money influencing politics (lol), at which point he started his own party, days after saying he totally quit and wasn't fired and he only left because he didn't want to be a distraction.
His initial run at parliament was actually kinda successful, with Palmer's group winning 4 seats, plus a member from the "Motoring Enthusiasts Party" joined them too after accidentally getting elected and not knowing what the fuck to do.
Despite this initial success however, Palmer's party (which ran on basically no platform other than "I'm rich") hit an iceberg (titanic 2 achieved) and seven elected state and federal politicians quit within the first year.
Tumblr media
By the time the next federal election rolled around, only one Palmer party candidate was still running for re-election. The most successful of this group - Jaquie Lambie - quit to sit as an independant and is still in parliament today.
Here she is with a painting of herself strangling Clive (she sells signed copies of this)
Tumblr media
And here the senator is posting about liking sausage:
Tumblr media
Anyway, we're getting to the point: which is the yellow posters. By the 2016 election, just two years after forming, the party was in complete freefall. It won just 0.01% of the vote at their second election, and it was announced shortly after that Clive was quitting politics and the party was being shut down. Australia breathed a sigh of relief.
It was, of course, short lived.
Clive, in desperate need of attention, restarted the party for the 2019 election, fielding candidates in every seat and spending $60 million in advertising in an attempt to win votes.
Every single candidate lost.
It was in this campaign however that Australia really started to fall out of love with Palmer, because most of that $60 million went towards putting up the world's least compelling marketing billboards on almost every single free space in the country.
For a good six months this was basically the only thing you would see in Australia if you went outside:
Tumblr media
Clearly Graphic design is his passion. And yes, the genius did just straight up try and copy Trump's homework while changing a few words, hoping nobody would notice.
Very quickly these all got vandalised and it seemed the ad companies didn't care enough to replace them.
Tumblr media Tumblr media Tumblr media
We could go on posting examples, there are thousands, but the best is definitely the one Ikea put up shortly after Clive lost the election:
Tumblr media
In 2022, Clive's party contested the election AGAIN, this time also opting to send millions on spam text messages to every person in Australia begging for people to vote for him, as well as buying almost every youtube ad for a year, at the cost of $100 million.
He won a whopping one seat.
During this election Clive ran on an anti-lockdown, anti-vax platform with the slogan "freedom, freedom, freedom". That message, however, was slightly undermined when his goons, dressed in 'Freedom!' shirts, made national news for trying to beat up a protester who turned up at a rally dressed as an annoying text message, shouting "pay your workers" at Clive.
Tumblr media
As if that wasn't bad enough, at another rally Clive knocked himself unconscious while trying to jump up on stage, and then a few weeks later was rushed to hospital with covid, while his anti-vax ads were still in regular rotation on TV, at which point it was also leaked to the press that Palmer had been alledgedly trying to buy Hitler's car.
Utterly humiliated, the party deregistered again shortly after the election.
Can't wait until he runs again in 2025.
Anyway, on the other "Clive tweeting Miss Kobayashi's Dragon" thing, we have no idea what that means but here's a screencap:
Tumblr media
5K notes · View notes
politijohn · 4 months ago
Text
On Kamala Harris’s defeat
Democrats’ strategy of courting conservative suburban voters failed….as it has done over and over again.
Despite Trump’s platform, Latino voters have swung drastically right, continuing the trend we saw in 2020. It’s like the turkey voting for Thanksgiving.
There’s a dangerous theme among Gen Z men becoming radically right-wing. The Trump Campaign capitalized on this.
I’m not surprised the outdated Democratic Party failed…again. They play a game meant for two decades ago. Fantastic ground game doesn’t matter. Conservative pundits run the airways. Social media is a conservative hellscape. People like Joe Rogan hold significant sway and there is no progressive, or even liberal, counterbalance.
This country has moved right and it’s incredibly concerning. While we had some wins this election, we saw decent progressives ousted in their primaries and status quo politics fail in the general.
The problem is bigger than Kamala. The entire Democratic Party establishment must be dismantled. This has been the case since at least 2015. Liberalism at large is failing and the Democratic Party is incentivized to keep doing business as usual to appease donors (hint: this doesn’t mean you!). We need a true populist left movement if we are ever going to get out of this conservative hole.
1K notes · View notes
robertreich · 5 months ago
Video
youtube
10 Worst Things About The Trump Presidency
Donald Trump left office with the lowest approval rating of any president ever. But some people now seem to be suffering from amnesia.
Let me jog your memory. Here are 10 Worst Things About the Trump Presidency — in no particular order.
#1. Trump fueled division and sparked a record uptick in hate crimes.
#2. Murder went way up under Trump. He presided over the largest ever single-year increase in homicides in 2020. A number of factors might have contributed to that, but a big one is…
#3. Gun sales broke records under Trump, who has bragged about how he “did nothing” to restrict guns as president in spite of…
#4. Under Trump, America suffered more than 1,700 mass shootings.
#5. Trump said there were "very fine people" among the neo-Nazis in Charlottesville.
I’m halfway to ten. If you think I’m missing something big, leave it in the comments.
#6. Trump allied himself with the Proud Boys, a violent hate group who helped orchestrate the Jan 6 Capitol attack.
#7. Trump’s not wrong when he says…
TRUMP: I got rid of Roe v. Wade.
It is entirely because of Trump’s judicial appointments that 1 in 3 American women of childbearing age now lives in states with abortion bans.
#8. One of Trump’s Supreme Court justices was Brett Kavanaugh, a man accused of sexual assault by multiple women.
#9. Trump’s White House interfered in the FBI’s investigation of Brett Kavanaugh’s alleged sexual assaults.
And now: #10. Trump has been convicted of committing 34 felonies while in office. The criminally false business filings he got convicted for in New York? All of them were committed while he was president.
I’m sorry, did I say the 10 Worst Things About the Trump Presidency? I meant 15.
#11. Trump’s failed pandemic response is estimated to have led to hundreds of thousands of needless deaths. By the time Trump left office, roughly 3,000 Americans were dying of covid every day. That’s a 9/11-scale mass casualty event every single day. How did Trump screw up so badly?
#12. Trump’s White House discarded the pandemic response playbook that had been assembled by the Obama administration.
#13. Trump disbanded the National Security Council’s pandemic response team.
#14. Trump repeatedly lied about the danger of covid, saying it was no worse than the flu or that it would go away on its own.
But behind closed doors, Trump admitted he knew covid was deadly.
#15. Trump promoted fake covid cures like hydroxychloroquine and even injecting people with disinfectants.
After Trump’s “disinfectant” remarks, poison control centers received a spike in emergency calls.
That’s fifteen things. Should I keep going? Ok, I’ll keep going. The 20 Worst Things About the Trump Presidency.
#16. Trump presided over a net loss of 2.9 million American jobs — the worst recorded jobs numbers of any U.S. president in history.
#17. Trump profited off the presidency, making an estimated $160 million from foreign countries while he was president.
#18. Trump also billed the Secret Service over $1 million for the privilege of staying at his golf clubs and other properties while they protected him. That’s your money!
#19. Trump caused the longest government shutdown in U.S. history when he didn’t get funding for his border wall, which he said Mexico was going to pay for.  
#20. Under Trump, the national debt increased by about 40% — more than in any other four-year presidential term — largely because of his tax cuts for the rich and big corporations.
You didn’t really think I was stopping at 20, did you? We’re going to 25 —
#21. Trump separated more than 5,000 children from their parents at the border, with no plan to ever reunite them, putting babies in cages.
#22. The Muslim Ban. Yes, Trump really did try to ban Muslims from entering the country.
#23. Trump sparked international outrage by moving the American Embassy in Israel to Jerusalem while closing the U.S. mission to Palestine.
#24. Trump tasked his son-in-law Jared Kushner with drafting a potential Middle East “peace plan” with zero Palestinian input.
#25. And finally, Trump recognized Israel’s occupation of the Goh-lahn Heights, which is considered illegal under international law.
So there you have it, folks: The 25 Worst — Wait a minute. Wait a minute. Did I mention the impeachments? We’ve got to do the impeachments. Let’s go to 30.
#26. Trump broke the law by trying to withhold nearly $400 million of U.S. aid for Ukraine in an effort to extort a personal political favor from Ukraine’s Pres. Zelensky. Trump wanted Zelensky to interfere in the 2020 election by announcing an investigation into the Bidens. Delaying this aid to Ukraine weakened Ukraine and strengthened Russia.
#27. Trump personally attacked and ruined the careers of everyone who stood in the way of his illegal Ukraine scheme, including Ambassador Marie Yovanovitch and Lt. Colonel Alexander Vindman.
#28. To cover up the scheme, Trump ordered the White House and State Department to defy congressional subpoenas.
#29. For these reasons, on December 18, 2019, Trump became the third U.S. president to be impeached. He was charged with Abuse of Power and Obstruction of Congress.
#30. Even while he was being investigated for trying to get Ukraine to interfere in the U.S. election, Trump publicly called for China to interfere in the election.
So those are the 30 Worst Things —
I’ll go to 35.
#31. Long before Election Day, Trump started making false claims that the election would be rigged.
#32. After losing, Trump falsely claimed the election was stolen, even though his own inner circle, including his campaign manager, White House lawyers, and his own Justice Department and attorney general told him it was not.
#33. Trump kept telling his Big Lie even after more than 60 legal challenges to the election were struck down in court, many by Trump-appointed judges.
#34. Trump ordered the Department of Justice to falsely claim that the election “was corrupt.”
#35. Trump and his allies used threats to pressure state leaders in Arizona and Georgia to falsify the election results.
We may go to 40.
#36. When none of the previous schemes worked, Trump and his allies produced fake electoral votes cast by fake electors in multiple swing states. His former White House chief of staff and Rudy Giuliani are among the many members of his inner circle who have been criminally indicted for this scheme.
#37. Trump tried to bully Vice President Pence into obstructing the certification of the election.
#38. Trump invited a mob to the Capitol on Jan 6 with his “be there, will be wild” tweet.
#39. Sworn testimony alleges that when Trump was warned that members of the crowd were carrying deadly weapons, he ordered security metal detectors to be taken down.
#40. Knowing the crowd had deadly weapons, he ordered them to go to the Capitol and…
TRUMP: …fight like hell.
#41 — Yes, yes, I know, bear with me.
Trump betrayed his oath to defend the nation by doing nothing to stop the Jan 6 violence. Instead, according to witness testimony, he sat and watched TV for hours.
#42. On January 13, 2021, Trump became the only president ever to be impeached twice. This time he was charged with incitement of insurrection. It was a bipartisan vote.
#43. The majority of senators — 57 out of 100 — voted to convict Trump, including 7 Republican senators.
So that’s the two impeachments and the Big Lie, but wait, we haven’t dealt with Russia, right? So we’re going to 50.
#44. In a likely obstruction of justice, Trump pressured then FBI Director James Comey to stop the FBI’s investigation into Trump’s National Security Adviser, Michael Flynn. This was documented in the Mueller report.
#45. When Comey didn’t bend to Trump’s will, Trump fired him.
#46. Trump tried to shut down the Mueller investigation by ordering White House Counsel Don McGann to fire Mueller. McGann refused because that would be criminal obstruction of justice.
#47. When news got out that Trump tried to fire Mueller, Trump repeatedly told McGann to lie — to Mueller, to press, to public — and even create a false document to conceal Trump’s attempt to fire Mueller.
#48. Trump ordered his staff not to turn over emails showing Don Jr. had set up a meeting at Trump Tower before the 2016 election with representatives of the Russian government.
#49. Trump convinced Michael Cohen to lie to Congress about Trump’s plans to build a Trump Tower in Moscow, and Cohen served prison time for lying to Congress.
#50. Trump was not charged for criminal obstruction of justice because it’s the Justice Department’s policy not to indict a sitting president, but more than a thousand former federal prosecutors who served under both Republicans and Democrats, signed a letter declaring there was more than enough evidence to prosecute Trump.
So those are the 50 Worst Things About the Trump Presidency. Now I could go on…
And I will! The 75 Worst Things About the Trump Presidency.
#51. Trump said he’d hire only the best people, but…
His campaign chair was convicted of multiple crimes.
So was one of his closest associates.
His deputy campaign chair pleaded guilty to crimes.
So did his personal lawyer
His National Security Adviser
The Chief Financial Officer of his business
A campaign foreign policy adviser
And one of his campaign fundraisers.
They all committed crimes, and Trump pardoned most of them.
#52. Trump said he’d drain the Washington swamp. But he appointed more billionaires, CEOs, and Wall Street moguls to his administration than any administration in history
#53. Trump intervened to get his son-in-law, Jared Kushner top-secret clearance after he was denied over concerns about foreign influence.
#54. Trump hosted a Russian Foreign Minister to the Oval Office, where Trump revealed top-secret intelligence.
Oh, and Trump’s economic policies!
#55 Trump promised that the average American family would see a $4,000 pay raise because of his tax cuts for the wealthy and big corporations. How’d that work out? Did you get a $4,000 raise? Of course not! Nobody did!
#56. Trump vowed to protect American jobs, but offshoring increased and manufacturing fell.
#57. Trump said he would fix America’s infrastructure, but it never happened. He announced so many failed “infrastructure weeks” they became a running joke.
#58. Trump said he would be “the voice” of American workers, but he filled the National Labor Relations Board with anti-union flacks who made it harder for workers to unionize.
#59. Trump’s Labor Department made it easier for bosses to get out of paying workers overtime, which cheated 8 million workers of extra pay.
#60. Trump repeatedly suggested he might serve more than two terms in violation of the Constitution — and continues to do so.
#61. Trump called Haiti and African nations “shithole” countries.
#62. Trump tried to terminate DACA, which protects immigrants brought to the U.S. as children. Luckily this was struck down by the courts.
#63. Trump called climate change a “hoax.”
#64. Trump pulled out of the Paris Climate Agreement.
#65. Trump rolled back more than 100 environmental protections.
#66. Every budget Trump proposed included cuts to Social Security and Medicare.
#67. Trump tried (and failed) to repeal the Affordable Care Act, which would have resulted in 20 million Americans losing insurance. And striking down the ACA’s protections for the roughly 130 million people with pre-existing conditions could have driven up their insurance premiums or led to a loss of coverage.
#68. Trump made it easier for employers to remove birth control coverage from insurance plans.
#69. By the end of Trump’s term, the number of people lacking health insurance had risen by 3 million.
#70. Trump lied. Constantly. He made 30,573 false or misleading claims while president — an average of 21 a day, according to Washington Post fact-checkers.
#71. Trump allegedly took hundreds of classified documents on his way out of the White House, reportedly including nuclear secrets, which he then left unsecured in various parts of Mar-a-Lago, including a bathroom. He was even caught on tape showing them off to people.
#72. Trump seriously discussed the idea of nuking a hurricane.
#73. When Hurricane Maria hit Puerto Rico, Trump delayed $20 billion of aid and allowed Puerto Rico to be without power for 181 days.
#74. Trump suggested withholding federal aid for California wildfire recovery and said the solution was to “clean” the “floors” of the forest.
#75. Trump pulled out of the Iran deal, placing Iran on a path to developing nuclear weapons.
Honestly, there’s so much more, from exchanging “love letters” with North Korea’s brutal dictator to publicly denigrating a Gold Star military widow and making her cry, to the way he attacked journalists, to late night tweet binges.
Look, I can understand why a lot of people want to block all of this out of their memories. But we cannot afford to forget just how terrible Trump’s time in the White House was for this nation.
And we sure as hell can’t afford to put him back there.
1K notes · View notes
hamenthotep · 11 months ago
Text
That's not entirely accurate.
He didn't bankrupt a casino. He bankrupted three casinos
Tumblr media
180 notes · View notes
nientedal · 1 year ago
Note
What progress at home has biden enacted? What policies of his show that he is making progress that prove he is actually different than trump?
I like to pretend I have faith in humanity, so I'll answer as if you're asking this in good faith.
Biden's DEA has lifted restrictions on telehealth prescriptions to make appointments and assistance more accessible.
He put a funding package into place to help unhoused people get access to mental and physical healthcare, as well as short-term and long-term housing.
He has attempted and is still attempting to get student debt relief through - this was blocked by Republican judges appointed by Trump, but he's still working on it.
Infrastructure repair - his administration has budgeted funds to actually fix some severely-damaged and frequently-traveled bridges.
Trying to expand access to healthcare to include undocumented immigrants who came to the USA as children (Dreamers) under the Affordable Care Act. Support for Navigator programs and outreach has also been increased.
He has vetoed Republican-led bills that were attempting to overturn environmental protections - one that would have forbidden investment fund managers to consider climate change in their portfolios (I have two degrees in accounting and this is actually huge), and another that would have overturned restrictions on agricultural runoff into our waterways.
He and his administration worked for ages to get rail workers paid sick days.
This is just some of what he's been doing. Meanwhile, Trump and other Republicans want to criminalize the lives of LGBT people like you and me. They want to eliminate no-fault divorce and force births that will kill parents or devastate them financially. They have stated flat out that they want to install a military dictatorship in the USA. They attempted to put that in motion on January 6th, 2021. They failed once. They will do better next time.
One party wants to house the homeless and expand social safety nets, while the other one wants to criminalize homelessness. One of them wants a future in which I might be able to vote to change how much of a war machine my country is, while the other one wants to eliminate my ability to vote entirely. Those are not the same. Those literally are opposites.
At the end of the day, all you and I can do is choose to do the least amount of harm possible. You and I cannot choose to do no harm. This is the USA, we sell war, you and I cannot choose to do no harm. I wish we could, my god do I wish we could, but that is not an option. So we grieve for the harm we couldn't eliminate and work to minimize the harm that is done. Despite all the crap they support, Democrats are the minimum amount of harm right now. Acting like they aren't is exactly what brought us to an election where our options are a future where we are either wading in blood or drowning in it.
Not voting for Biden will not help Palestine. Not voting for Biden will guarantee a Republican president who will make the situation in Palestine WORSE. AND it'll hurt a lot of other places as well, both at home and abroad, because Republicans are about business and the USA is in the business of war! And I would very much like that to change someday! I would very much like to someday be able to choose to do no harm! And I know what I have to do to try for that future, so what are YOU going to do? There is no standing off to the side in this. If you aren't helping pull, you're the dead weight we're pulling. Are you going to dig your feet into the mud and blood and drown us there? Or are you going to get the fuck off your ass, grit your teeth, and help us pull free?
3K notes · View notes
mostlysignssomeportents · 3 months ago
Text
Expert agencies and elected legislatures
Tumblr media
If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/11/21/policy-based-evidence/#decisions-decisions
Tumblr media
Since Trump hijacked the Supreme Court, his backers have achieved many of their policy priorities: legalizing bribery, formalizing forced birth, and – with the Loper Bright case, neutering the expert agencies that regulate business:
https://jacobin.com/2024/07/scotus-decisions-chevron-immunity-loper
What the Supreme Court began, Elon Musk and Vivek Ramaswamy are now poised to finish, through the "Department of Government Efficiency," a fake agency whose acronym ("DOGE") continues Musk's long-running cryptocurrency memecoin pump-and-dump. The new department is absurd – imagine a department devoted to "efficiency" with two co-equal leaders who are both famously incapable of getting along with anyone – but that doesn't make it any less dangerous.
Expert agencies are often all that stands between us and extreme misadventure, even death. The modern world is full of modern questions, the kinds of questions that require a high degree of expert knowledge to answer, but also the kinds of questions whose answers you'd better get right.
You're not stupid, nor are you foolish. You could go and learn everything you need to know to evaluate the firmware on your antilock brakes and decide whether to trust them. You could figure out how to assess the Common Core curriculum for pedagogical soundness. You could learn the material science needed to evaluate the soundness of the joists that hold the roof up over your head. You could acquire the biology and chemistry chops to decide whether you want to trust produce that's been treated with Monsanto's Roundup pesticides. You could do the same for cell biology, virology, and epidemiology and decide whether to wear a mask and/or get an MRNA vaccine and/or buy a HEPA filter.
You could do any of these. You might even be able to do two or three of them. But you can't do all of them, and that list is just a small slice of all the highly technical questions that stand between you and misery or an early grave. Practically speaking, you aren't going to develop your own robust meatpacking hygiene standards, nor your own water treatment program, nor your own Boeing 737 MAX inspection protocol.
Markets don't solve this either. If they did, we wouldn't have to worry about chunks of Boeing jets falling on our heads. The reason we have agencies like the FDA (and enabling legislation like the Pure Food and Drug Act) is that markets failed to keep people from being murdered by profit-seeking snake-oil salesmen and radium suppository peddlers.
These vital questions need to be answered by experts, but that's easier said than done. After all, experts disagree about this stuff. Shortcuts for evaluating these disagreements ("distrust any expert whose employer has a stake in a technical question") are crude and often lead you astray. If you dismiss any expert employed by a firm that wants to bring a new product to market, you will lose out on the expertise of people who are so legitimately excited about the potential improvements of an idea that they quit their jobs and go to work for whomever has the best chance of realizing a product based on it. Sure, that doctor who works for a company with a new cancer cure might just be shilling for a big bonus – but maybe they joined the company because they have an informed, truthful belief that the new drug might really cure cancer.
What's more, the scientific method itself speaks against the idea of there being one, permanent answer to any big question. The method is designed as a process of continual refinement, where new evidence is continuously brought forward and evaluated, and where cherished ideas that are invalidated by new evidence are discarded and replaced with new ideas.
So how are we to survive and thrive in a world of questions we ourselves can't answer, that experts disagree about, and whose answers are only ever provisional?
The scientific method has an answer for this, too: refereed, adversarial peer review. The editors of major journals act as umpires in disputes among experts, exercising their editorial discernment to decide which questions are sufficiently in flux as to warrant taking up, then asking parties who disagree with a novel idea to do their damndest to punch holes in it. This process is by no means perfect, but, like democracy, it's the worst form of knowledge creation except for all others which have been tried.
Expert regulators bring this method to governance. They seek comment on technical matters of public concern, propose regulations based on them, invite all parties to comment on these regulations, weigh the evidence, and then pass a rule. This doesn't always get it right, but when it does work, your medicine doesn't poison you, the bridge doesn't collapse as you drive over it, and your airplane doesn't fall out of the sky.
Expert regulators work with legislators to provide an empirical basis for turning political choices into empirically grounded policies. Think of all the times you've heard about how the gerontocracy that dominates the House and the Senate is incapable of making good internet policy because "they're out of touch and don't understand technology." Even if this is true (and sometimes it is, as when Sen Ted Stevens ranted about the internet being "a series of tubes," not "a dump truck"), that doesn't mean that Congress can't make good internet policy.
After all, most Americans can safely drink their tap water, a novelty in human civilization, whose history amounts to short periods of thriving shattered at regular intervals by water-borne plagues. The fact that most of us can safely drink our water, but people who live in Flint (or remote indigenous reservations, or Louisiana's Cancer Alley) can't tells you that these neighbors of ours are being deliberately poisoned, as we know precisely how not to poison them.
How did we (most of us) get to the point where we can drink the water without shitting our guts out? It wasn't because we elected a bunch of water scientists! I don't know the precise number of microbiologists and water experts who've been elected to either house, but it's very small, and their contribution to good sanitation policy is negligible.
We got there by delegating these decisions to expert agencies. Congress formulates a political policy ("make the water safe") and the expert agency turns that policy into a technical program of regulation and enforcement, and your children live to drink another glass of water tomorrow.
Musk and Ramaswamy have set out to destroy this process. In their Wall Street Journal editorial, they explain that expert regulation is "undemocratic" because experts aren't elected:
https://www.wsj.com/opinion/musk-and-ramaswamy-the-doge-plan-to-reform-government-supreme-court-guidance-end-executive-power-grab-fa51c020
They've vowed to remove "thousands" of regulations, and to fire swathes of federal employees who are in charge of enforcing whatever remains:
https://www.theverge.com/2024/11/20/24301975/elon-musk-vivek-ramaswamy-doge-plan
And all this is meant to take place on an accelerated timeline, between now and July 4, 2026 – a timeline that precludes any meaningful assessment of the likely consequences of abolishing the regulations they'll get rid of.
"Chesterton's Fence" – a thought experiment from the novelist GK Chesterton – is instructive here:
There exists in such a case a certain institution or law; let us say, for the sake of simplicity, a fence or gate erected across a road. The more modern type of reformer goes gaily up to it and says, "I don't see the use of this; let us clear it away." To which the more intelligent type of reformer will do well to answer: "If you don't see the use of it, I certainly won't let you clear it away. Go away and think. Then, when you can come back and tell me that you do see the use of it, I may allow you to destroy it.
A regulation that works might well produce no visible sign that it's working. If your water purification system works, everything is fine. It's only when you get rid of the sanitation system that you discover why it was there in the first place, a realization that might well arrive as you expire in a slick of watery stool with a rectum so prolapsed the survivors can use it as a handle when they drag your corpse to the mass burial pits.
When Musk and Ramaswamy decry the influence of "unelected bureaucrats" on your life as "undemocratic," they sound reasonable. If unelected bureaucrats were permitted to set policy without democratic instruction or oversight, that would be autocracy.
Indeed, it would resemble life on the Tesla factory floor: that most autocratic of institutions, where you are at the mercy of the unelected and unqualified CEO of Tesla, who holds the purely ceremonial title of "Chief Engineer" and who paid the company's true founders to falsely describe him as its founder.
But that's not how it works! At its best, expert regulations turns political choices in to policy that reflects the will of democratically accountable, elected representatives. Sometimes this fails, and when it does, the answer is to fix the system – not abolish it.
I have a favorite example of this politics/empiricism fusion. It comes from the UK, where, in 2008, the eminent psychopharmacologist David Nutt was appointed as the "drug czar" to the government. Parliament had determined to overhaul its system of drug classification, and they wanted expert advice:
https://locusmag.com/2021/05/cory-doctorow-qualia/
To provide this advice, Nutt convened a panel of drug experts from different disciplines and asked them to rate each drug in question on how dangerous it was for its user; for its user's family; and for broader society. These rankings were averaged, and then a statistical model was used to determine which drugs were always very dangerous, no matter which group's safety you prioritized, and which drugs were never very dangerous, no matter which group you prioritized.
Empirically, the "always dangerous" drugs should be in the most restricted category. The "never very dangerous" drugs should be at the other end of the scale. Parliament had asked how to rank drugs by their danger, and for these categories, there were clear, factual answers to Parliament's question.
But there were many drugs that didn't always belong in either category: drugs whose danger score changed dramatically based on whether you were more concerned about individual harms, familial harms, or societal harms. This prioritization has no empirical basis: it's a purely political question.
So Nutt and his panel said to Parliament, "Tell us which of these priorities matter the most to you, and we will tell you where these changeable drugs belong in your schedule of restricted substances." In other words, politicians make political determinations, and then experts turn those choices into empirically supported policies.
This is how policy by "unelected bureaucrats" can still be "democratic."
But the Nutt story doesn't end there. Nutt butted heads with politicians, who kept insisting that he retract factual, evidence-supported statements (like "alcohol is more harmful than cannabis"). Nutt refused to do so. It wasn't that he was telling politicians which decisions to make, but he took it as his duty to point out when those decisions did not reflect the policies they were said to be in support of. Eventually, Nutt was fired for his commitment to empirical truth. The UK press dubbed this "The Nutt Sack Affair" and you can read all about it in Nutt's superb book Drugs Without the Hot Air, an indispensable primer on the drug war and its many harms:
https://www.bloomsbury.com/us/drugs-without-the-hot-air-9780857844989/
Congress can't make these decisions. We don't elect enough water experts, virologists, geologists, oncology researchers, structural engineers, aerospace safety experts, pedagogists, gerontoloists, physicists and other experts for Congress to turn its political choices into policy. Mostly, we elect lawyers. Lawyers can do many things, but if you ask a lawyer to tell you how to make your drinking water safe, you will likely die a horrible death.
That's the point. The idea that we should just trust the market to figure this out, or that all regulation should be expressly written into law, is just a way of saying, "you will likely die a horrible death."
Trump – and his hatchet men Musk and Ramaswamy – are not setting out to create evidence-based policy. They are pursuing policy-based evidence, firing everyone capable of telling them how to turn the values espouse (prosperity and safety for all Americans) into policy.
They dress this up in the language of democracy, but the destruction of the expert agencies that turn the political will of our representatives into our daily lives is anything but democratic. It's a prelude to transforming the nation into a land of epistemological chaos, where you never know what's coming out of your faucet.
449 notes · View notes