BREAKING: More than half of the publicly identified donors to President Trump’s White House ballroom project have won new or expanded federal contracts worth more than $50 billion, per WaPo
I know it’s become pretty cliche and cringey to talk about at this point but if you’re under like 25 I cannot stress enough how one time Obama wore a tan suit and people spent a week arguing over whether or not it was demeaning to the Oval Office and they were serious about it.
Here's my promised explainer. Doing my best to synthesize a lot of info here so check all my info; don't rely on it
So - the SpaceX IPO (SPCX:NASDAQ)
1/ Normally, a company with a massive valuation has to wait months to a year after its IPO before index funds are allowed to buy
The SpaceX IPO is reallying going to be the first domino that takes everything down.
>S&P 500 rules are waved to fast track SpaceX into the fund
>Mutual Funds will be forced to buy SpaceX stock using retirement funds & 401ks
>SpaceX is now tied to Xai which is losing a shitton of money
>Xai is tied to Nvidia
>Nvidia is tangled into every AI company in existence and we're already seeing cracks
And on top of all of this we have the dumbest administration of all time that's going to do a rug pull with the whole thing.
The middle class is the most expensive place to live, and no one talks about it. Lower income households get assistance. The wealthy use tax strategies and loopholes. But the middle class pays full taxes, full tuition, full healthcare, full everything. So you work 50 hours a week just to stay in the same place and fund everyone’s life except yours.
“The forest was shrinking but the trees kept voting for the axe, for the axe was clever and convinced the trees that because his handle was made of wood he was one of them.”
@FacesOfHaiti_ Rubish!
Top 10 countries receiving remittances from the U.S. per World Bank:
1. 🇲🇽 $52.6B
2. 🇮🇳 $15.8B
3. 🇬🇹 $14.7B
4. 🇵🇭 $12.8B
5. 🇨🇳 $12.7B
6. 🇩🇴 $7.95B
7. 🇻🇳 $7.9B
8. 🇸🇻 $6.7B
9. 🇭🇳 $5.9B
10. 🇳🇬 $5.7B
#Haiti is not even top 10. What's this weird obsession with #Haiti?
Ah yes, because when someone earns money in the U.S., it immediately stops being their money and becomes federal property apparently. Sending remittances isn’t “subsidizing foreign economies” it’s people choosing how to spend their own wages. That’s kind of how private income works.
Also, remittances aren’t a government program. They’re voluntary transfers from individuals to their families. If someone works, pays rent, buys food, pays taxes, and then sends part of what’s left to their mother? That’s not a national security crisis that’s capitalism.
The idea that private citizens using their own earnings is somehow “taking $6.1 billion from America” is… creative accounting at best.
Bad bunny said Jamaica and Haiti the way that it should be pronounced which is the Taino way !!! Xaymaca and Ayiitii this isn’t what most people are used to but it’s the correct way