• TherouxSonfeir@lemm.ee
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    7 months ago

    Biden is responsible for my loss of money because I chose to invest in a stock that was clearly a money grab.

    —Republicans

    • tal@lemmy.today
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      7 months ago

      Biden is responsible for my loss of money

      considers

      I mean, strictly-speaking, the SEC is kind of responsible for protecting investors against scams.

      I don’t know whether Truth Social is actually breaking current SEC rules. But I also think that it’s fair to say that avoiding copycats in the future might be a good idea.

    • GrymEdm@lemmy.world
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      7 months ago

      In a not-really-defense of their BS, by investing in DJT they’ve set up their net worth to get absolutely ruined during Biden’s 2nd term.

      • TherouxSonfeir@lemm.ee
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        7 months ago

        It would be ruined in Trump’s second term too. No one with real money bought that lie. He’s just making the middle class poor.

        • GrymEdm@lemmy.world
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          7 months ago

          I’m trying to assume no 2nd Trump term for my mental health. Also I am, on the admitted basis of no special knowledge, worried that DJT stock is just a way for foreign money to get laundered and thus not subject to normal economics if he is reelected.

            • jkrtn@lemmy.ml
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              7 months ago

              Every SPAC is a scam. I learned my lesson well before this trash, which is obviously a pump-and-dump scam even independently of involving a SPAC. I would rather burn my money than give it to Donald anyway.