Nobel laureate calls it "treason": $580 million traded minutes before Trump's oil reversal

Trump supporters will gladly give up their retirements so that Trump can have a new gold toilet. They only care about their king.

It’s also bad for the markets to have such open corruption and manipulation. It will destroy trust in the US financial system, and investors might opt to move their money somewhere that the rules aren’t rigged against them

These people need to be prosecuted and thrown in prison The democrats that are willing to do this are getting my vote We need some integrity back in the government Also need to ban trading for anyone associated with policy makers in government

That pump and dump was the cryptocurrency. This one is straight up insider trading

Man WTF happened to people in general.I was raised to think most people are generally good.Boy was I wrong in the worst way

I’m remembering what they did to Martha Stewart for much less than this. (If she even really did anything, I’m not sure she did.)

Its too late. The people in the business realm have all the money. The f*** is our government going to do after this when we are broke as f***?

Could you explain why pension funds in particular are losers in these sorts of schemes? I know futures markets are zero-sum markets, so when someone makes money in futures, someone else loses money. But is there a reason that pension funds in particular would be on the "losing" side of these schemes? Thanks for any insight, I really appreciate it.

>is a dollar that teamsters truck driver loses in his retirement. And they'll still vote for him happily. Or say "blah blah both sides" and vote for him begrudgingly. That being said, yes, this is treason and they deserve to be punished for treason. The enablers too.

They’re collapsing the system on purpose and looting the country for themselves on the way out.

As a union guy representing firefighters it literally infuriates me knowing my members cheer this activity on. They want it because they don’t think it directly affects them.

As soon as I get to feeling like this could be the offense that Congress can finally use to get that orange bag of dicks out of office, I painfully realize that probably half or more of Congress were among the investors moving that money around before the announcement. We’re just getting pickpocketed from every angle and I’m f****** over it.

They’ve always done it. Just not this obvious….if anything good comes out of his presidency is that it shines a light on what politicians been doing behind the scenes for decades.

Barron's been killin' it this year

Ten days ago, Trump announced he would allow paid donors to sit in on national security briefings. I said it was paying for insider trading information at the time. https://people.com/trump-promises-donors-access-national-security-briefings-11925725

The underestimated risk is that this level of corruption will cause non-criminal investors to lose faith in these markets and American markets in particular. Then goodbye, retirement. 

and not to spend it. but to keep it from others. for these soulless fucks, winning only happens when others lose

Is it not possible for someone to see who?

Close, but not quite. They couldn't pin her for insider trading, so Comey sent her to prison for lying to the FBI.

That’s the neat part about the two tiered system, there’s nothing you or I can do about it.

Definitely mass murder, destruction of critical infrastructure and disruption of global trade, anyway.

Eventually investors are gonna start leaving US financial markets over this kinda shit, nobody wants to play a game they know is rigged against them

Sadly nothing can be done. There’s nothing illegal about the president breaking the law.

"We don't hide our corruption!"

Yes, but that could have a positive effect. People doubted this level of corruption happened before and now there's no doubt.

Not going to happen. No country is going to war with the US just to protect Americans from their self inflicted injury.

[deleted]

I think at some point the idea of arresting someone goes out the window. Especially after they've lost their job, their life savings, and can't afford to live in their own country any more? Let alone, eat because food prices have skyrocketed?  There's a reason most of the Executive Office personnel are hiding on military bases and why Elon Musk doesn't go out in public any more. 

While Iran says those talks aren't happening at all, and when he was asked about them by reporters he was purposely vague and said he wouldn't reveal who they were speaking to because he didn't want them to be killed. Which means he's either lying about speaking to anyone, or the person they are speaking to has no authority since presumably the only people who would kill them for talking are the people who do. Market manipulation doesn't even seem like the main issue here, that seems like a foregone conclusion. It's that there's never been a real justification for the war in the first place, just a bunch of floating goalposts that changed based on when he was asked, so the main problem increasingly appears to be that he started the war for the purpose of making money off of the market manipulation. He even said [something in the first days of the war about making a lot of money](https://thehill.com/homenews/administration/5780543-us-oil-prices-trump/) that seems to support that idea. He's even bragging today in vague terms about Iran giving them[ "a very big present worth a tremendous amount of money".](https://thehill.com/policy/energy-environment/5798853-trump-iran-oil-gas-present-strait-of-hormuz/)

I pay attention enough and had enough capital to make $320 off their game. So I got that going for me which is nice.

That’s even more reason for Democrats to go scorched earth. They’re going to be criticized no matter what, might as well be for something significant and meaningful.

Idc but I want democrats to punish this regime end to end

“Can you imagine the fascism of sentencing the President after he left office for a crime he was already convicted of before he got elected? And then making him actually pay the lawsuits he lost?? Who elected the Democrats to be Hitler??” ^^ also, in this story, it wasn’t the democrats but courts but it’s still their fault amirite

Duuuude, it’s been over since Bush v Gore!

Check out [Moral foundations theory](https://en.wikipedia.org/wiki/Moral_foundations_theory). Conservatives are OK with bad stuff happening as long as it serves the in-group.

This doesn't get reported in right-leaning media bubbles. They're too busy being distracted by ... \*checks notes\* ... Somali Medicaid fraud? Or is it something new this week?

https://np.reddit.com/r/AskUS/comments/1k8evd8/why_are_maga_conservatives_so_into_owning_the_libs/mp5oqex/ >The progression can be traced back to a cultural shift rooted in denial. The advent of Trumpism marked a profound moment in American history - an era in which facts, reason, and objective truth became increasingly irrelevant to large swaths of the population. This denial was not born from ignorance alone; it was a strategic decision to reject the uncomfortable realities of a changing world.

If they cared that means they would have to admit they were wrong about their orange jesus. If they admit that they were wrong, that means they would have to accept responsibility for everything this circus of an administration has done. Best we can do is blame the gays, the immigrants, Iran, and the poors for everything.

Republicans are the party of treason.

They are complicit in all this. The entire Republican party is a criminal organization.

Wise words. Prescient words. We'll have to be sure to put them to use

Dems just need to win all 35 senate seats no prob

A simple flip won't do. We need a solid supermajority in both houses for it to stick. Otherwise, it will go nowhere. I don't think that can happen this year, even if the Democrats win every seat they run for (haven't done the math, though.). And then, when investigations are quashed, hearings are ignored, and Trump is "exonerated" by the Senate, the voters will say "See? The Democrats are in his pocket, too!" And for some reason this will cause the independents to vote Republican and name Democrats will stay home. I wish I were wrong.

Problem is you need enough Democrats who aren't doing their own insider trading. There's a reason neither party has passed a law preventing individual stock ownership while in office.

Yes, by the government (SEC). They found nothing wrong.