alt Hacker NewsSilicon Valley's man in the White House is benefiting himself and his friends
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Every man in the White House is benefiting himself first.
Look at Secretary of Commerce Howard Lutnick. In his previous job as CEO of Cantor Fitzgerald, he became deeply involved with stablecoin cryptocurrency Tether. Supposedly Cantor Fitzgerald holds close to a hundred billion dollars of funds for Tether, but this has never been verified by an audit — the only confirmation is from Lutnick himself.
In his White House job, he has worked hard to make it easier for companies like Tether to operate in the US with no oversight. And why wouldn’t he? As the sole guarantor of Tether’s credibility, he’s probably making billions from them.
In every practical sense, this is the grifter administration. They know they are untouchable at the moment, so everyone is out to get their piece of the pie.
All decisions and plays have some financial motives behind them. There's a reason POTUS admires Russia, and their style of governance - if he could, and had the time, the US would be a mirror of just that.
Keep the people occupied with a non-stop firehose of grievance bullshit, and be laser focused on enriching yourself and your allies.
"Wet your beaks!!!!" ... stinks of corruption. But I guess the USA is happy with that.
Sometime around 2016 everyone learned that “corrupt” was just some synonym of “bad” and here we are, showered in a repeat of an administration of endless actual corruption.