• rothaine@lemmy.zip
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    2 hours ago

    I can envision the Trumper response:

    “He had Hunter do the trades FOR him”

    Or maybe

    “Well obviously! The Biden crime family only does backdoor deals. At least Trump uses the same stock market as everyone else!”

    Which one will the right-wing propaganda machine go with, I wonder?

  • D_C@sh.itjust.works
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    13 hours ago

    So, serious question.
    How much time would it take to do about 60 trades a day?

    • ricecake@sh.itjust.works
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      7 hours ago

      To make the trade? Not actually that long. Planning and evaluating take longer, but he’s inevitably not the one pushing the buttons or making the plan, which is also not something that needs to be done for each one.

      It takes me longer to move money between my checking and savings accounts.

      The concerning thing isn’t the time investment, it’s the active nature of financial involvement in a situation where there’s a major conflict of interest.
      Stock trading isn’t automatically problematic for an elected official, but it’s very easy to produce the appearance or actuality of improper conduct.
      The safest route is to turn control over to a third party who doesn’t know who they’re managing.

    • Soulphite@reddthat.com
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      12 hours ago

      That would be about a day traders worth of time… probably 4-5+ hours/day depending on variable factors. It’s definitely an aggressive trading strategy and not something I can see a “super busy president who looks out for his people” able to accomplish normally.

  • Snapz@lemmy.world
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    17 hours ago

    “yeah, but both sides are bad though!!!”

    Side 1 - 13

    Side 2 - 21,000

  • fizzle@quokk.au
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    13 hours ago

    Yeah well, he’s such a high level business genius its natural that he increased his net wealth by $2b a year while president. the real question is how he managed to not make any money in the first 79 years of his life. /s

    • Thebeardedsinglemalt@lemmy.world
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      9 hours ago

      Because he’s an absolute shitty business person who’s entire plan was to send in lawyers who did nothing more than file infinite extensions until the other side ran out of money…and embezzling money from “charities”.

  • Wataba@sh.itjust.works
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    16 hours ago

    How many wars did Biden start to boost those 13 stocks?

    How many fishermen did he bomb? How many Iranian schools?