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Illegal manipulation of the financial markets

Discussion in 'Too Hot for Swamp Gas' started by 14serenoa, Apr 9, 2025 at 7:50 PM.

  1. 14serenoa

    14serenoa Living in Orange and surrounded by Seminoles... VIP Member

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    Was this all intentional and illegal financial market manipulation or a rookie error?
     
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  2. danmanne65

    danmanne65 GC Hall of Fame

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    Why not both. Trump changes his mind as often as he swallows. He can believe mutually exclusive crap.
     
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  3. Endless Excuses

    Endless Excuses GC Hall of Fame

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    There was a practice run with Covid and Kodak in Orange Jesus first term..plenty of obvious stuff and everyone was told to look the other way...couldnt be more obvious. Just like now. Nothing anyone can do no one will chase it down. I wouldnt doubt versions of this corruption go on through his entire term.
     
  4. tigator2019

    tigator2019 GC Hall of Fame

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    In my head--- UF
    intentional
     
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  5. gator_jo

    gator_jo GC Hall of Fame

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    We always have to bear in mind that Trump is a criminal.

    And it's not just because of His felony conviction, it's because He's engaged in fraudulent, manipulative, criminal activities His whole life. This includes defrauding banks and charities, manipulating the stock market, money laundering in His casinos, and most likely numerous other criminal activities (beyond the ones we literally saw).

    So, should we expect that a career criminal who got away with trying to overturn an election would ...... stop engaging in criminality now? That would be absurdly irrational.
     
    Last edited: Apr 9, 2025 at 10:18 PM
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  6. l_boy

    l_boy 5500

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    The good news thanks to SCOTUS is as long as Trump is acting in an official capacity he can’t commit a crime.
     
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  7. gator_jo

    gator_jo GC Hall of Fame

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    Well, you left out that He also has the right to lie about what is an official capacity. Such as establishing fake elector slates, or coercing state election officials. Etc.
     
    Last edited: Apr 9, 2025 at 10:17 PM
  8. ncargat1

    ncargat1 GC Hall of Fame

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    The crime syndicate just keep right on rolling.

     
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  9. sierragator

    sierragator GC Hall of Fame

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    Nothing will come of it. He is above the law.
     
  10. G8tas

    G8tas GC Hall of Fame

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    We all know the Trumpers will find a way to excuse it
     
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  11. slocala

    slocala VIP Member

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    Our person should not and cannot have this level of unilateral power over the entire global economy. Wake up Congress. What if a Dem did this? There would be immediate talks to impeachment. Our country is a patchwork of ideas held together by faith in a modicum of ethical behavior and stewardship.
     
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  12. 14serenoa

    14serenoa Living in Orange and surrounded by Seminoles... VIP Member

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    Oklahoma, do I understand you to disagree with the question I posed?
     
  13. gator_jo

    gator_jo GC Hall of Fame

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    Here's some evidence of Trump breaking the law to manipulate the stock market 20-30 years ago. The allegations are that He would call, posing as His own fake spokesman and lie about fake stock takeovers.

    Seems pretty believable- the man is a criminal, after all.

    This also makes it seem harder to believe that Trump wouldn't leak tariff policy news to friends and family. He's done the same before. And He's a criminal.


    Trump might have reportedly illegally manipulated the market in the '80s
     
  14. GatorNorth

    GatorNorth Premium Member Premium Member

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    Wonder who was early trading on inside information.




    Nah, I’m sure this was all a coincidence.
     
  15. OklahomaGator

    OklahomaGator Jedi Administrator Moderator VIP Member

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    I disagree that it was an intentional manipulation of the markets. How the markets react is out of the control of the President.
     
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  16. mdgator05

    mdgator05 Premium Member

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    Wait, your argument is that Trump can't manipulate the markets because he doesn't "control" the reaction? Nobody "controls" market reaction. They just can illegally influence it. By your standard, literally nobody could ever manipulate the markets, which we know is not true.

    Now, I'm not sure Trump manipulated the market vs. just partially withdrew his signature policy as it was causing a sell-off of every American asset at once, but that is not a good argument for why it wasn't.
     
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  17. mikemcd810

    mikemcd810 Premium Member

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    The evidence of trading prior to the announcement, if true, strongly suggests someone or some group of people had insider information about the upcoming announcement. The question then becomes were they told or was the information inadvertently leaked? How and by whom?

    The response will be telling. If the administration is opposed to an investigation it very likely means they were involved/complicit. Knowing Trump, the only scenario he'd be concerned about is if other people were profiting and he wasn't. Then we'd be likely to get an investigation.

    I'm sure someone will point out that members of congress seemingly do this all the time, but that doesn't make this right. I support much stronger controls on what members of congress are able to trade.
     
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  18. sierragator

    sierragator GC Hall of Fame

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    They'll call it a witch hunt and a hoax. Then they'll do it again.
     
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  19. AgingGator

    AgingGator GC Hall of Fame

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    Agree that this was not directly driven by Trump and any of the other crooks in government. It was driven and executed by Wall Street and their international cohorts. They use this recipe repeatedly.

    Here is an over simplification but this is basically how it works. Take a situation wit some uncertainty (hopefully a politically partisan one). Big short selling early on creates a scenario where program trading kicks in with more selling(the shorts know where the trigger points are in the programs). Then individuals start to panic and sell. This usually runs in cycles because the shorts may continue to prime the pump if they feel they can drive it further down. Thebig money laughs all the way down and the little guys who got out last get screwed the most. Many/most of these folks are then too gunshy to jump back in right away to get their money back on the inevitable rebound.

    This has been going on long before Trump and it is not going away any time soon. The politicians won’t do anything about it because their PE funds made a fortune for them.
     
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  20. AgingGator

    AgingGator GC Hall of Fame

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    The reality is that almost all politicians will oppose an investigation whether they say it or not.
     
    Last edited: Apr 10, 2025 at 9:52 AM