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[-] postman@literature.cafe 31 points 1 day ago

Let's not forget Trump's commerce secretary bought the rights to companies' potential tariff refunds for 20c on the dollar and then cashed in when they were reversed. Yes, Howard Lutnick.

Oh, sorry not him personally of course, just his company now run by his sons without any inside knowledge.

[-] UnderpantsWeevil@lemmy.world 6 points 20 hours ago

Yes, Howard Lutnick.

The guy who got the "we like you, don't show up to work tomorrow" call from the Saudis the day before 9/11? That Howard Lutnick?

[-] stopdropandprole@lemmy.world 17 points 1 day ago

this is the real story ^

the cronies in the inner circle created a whole new "prediction market" scheme, to capture even more wealth for themselves, even against their own fake party principles of laissez-faire.

Lutnick (and Trump) knew who'd be holding the bag once the dust settled. and you know they're gonna keep doing it!

Trump Secretary Silent as Sons Poised to Make Bank From End of Tariffs: The Supreme Court ruling has helped the family of one man in particular: the architect behind Trump’s tariffs.

“It’s quite interesting that the commerce secretary’s firm is the one that is betting the tariffs will be struck down. That strikes me as very interesting—and quite telling about what those with connections to the administration think about the merits of the tariffs.”

Lutnick has been a steadfast proponent of Trump’s tariffs, frustrating many Republicans and staffers within the White House. He fought the efforts of others within the administration, such as Treasury Secretary Scott Bessent and National Economic Council chair Kevin Hassett, to put limits on Trump’s tariffs.

[-] Sanctus@anarchist.nexus 3 points 20 hours ago

The fucking will continue

this post was submitted on 05 Aug 2026
511 points (99.2% liked)

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