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#peddling — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #peddling, aggregated by home.social.

  1. Trump has effectively turned the White House into a slush fund,
    running the federal government like a personal ATM.

    Public money, political favors and government power are funneled to his friends and family businesses,
    while regulatory agencies and enforcement mechanisms are hollowed out or weaponized for profit.

    His oligarch allies, from big tech executives to big oil barons, are already seeing massive returns on their political investments.

    This is not democracy.
    It is a hostile corporate takeover and working people are being exploited.

    Since he secured the Republican nomination, Trump’s own fortune has nearly tripled, f
    rom $2.3bn to more than $6bn,
    through crypto and licensing deals
    which present unprecedented opportunities for #corruption and #influence #peddling.

    ⚠️Fossil fuel billionaires such as Harold Hamm and Kelcy Warren
    poured a collective $443m into electing Trump and Maga Republicans.
    They are now collecting $153bn in new subsidies, tax breaks and royalty giveaways – a 💥34,437% return on investment.

    Tech titans are doing even better.
    Big tech companies spent at least $72m to curry favor with Trump,
    including $7m in donations to his inauguration.
    Over the last year their CEOs, including Mark Zuckerberg, Jeff Bezos, Jensen Huang, Sergei Brin, Larry Page and Sam Altman have seen their combined net worth soar by $494bn
    as Trump deregulated their industries and fueled an artificial intelligence boom that is poisoning our communities and killing jobs.
    🔥That is a 686,000% return
    — a return on interest no hedge fund could imagine.

    Oligarchy now functions like an investment portfolio,
    with government power guaranteeing extraordinary returns
    for those who attempt to buy political influence.

    As we watch communities in Minneapolis face the terror of mass deportations and fatal federal enforcement actions,
    corporations are cashing in while human life is treated as expendable.

    Private prison and deportation giants such as GEO Group, CoreCivic and CSI Aviation
    spent more than $5m backing Trump and GOP candidates in 2024
    and now stand to reap over $5bn a year from expanded ICE and DHS contracts.

    Internal ICE documents show some companies’ revenues will double,
    and deportation flight budgets have multiplied sixfold,
    turning violence and fear into profit streams rather than protection.
    🆘That 11,000% return on investment is public money traded for human misery.
    Meanwhile, Peter Thiel’s company Palantir has seen its stock price quadruple since Trump’s re-election,
    ❌with its technology powering mass raids that feed an enforcement apparatus detached from the value of lives it impacts.

    theguardian.com/commentisfree/

  2. 🚀 Ah, just what the world needs: yet another overfunded YC #alum #peddling the digital equivalent of a bloodhound for your buggy web app. 🤖🐜 Because why hire humans when you can throw money at a script that breaks faster than it "QA's"? 😂
    app.propolis.tech/#/launch #overfundedYC #automation #digitaltools #buggywebapp #laughabletech #HackerNews #ngated