[Video] Don Jr. explain that the real reason the Trumps had to sell memecoins was because no actual banker would lend them money.
[Video] Don Jr. explain that the real reason the Trumps had to sell memecoins was because no actual banker would lend them money.
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I get y’all wanna just slam on the Trumps, but the Dems have absolutely been abusing the financial system for well over a decade to go after political rivals.
Weaponization of our institutions like that should be firmly rejected by everyone, whether we like the targets or not.
Your premise is not false, but the Trump family is not 'the common man getting cut off from the system'.
Their speech suggestes they got debanked. But what actually happened is that banks refused to loan them money.
I do not think anyone has a sacred right to lend money in order to invest in real estate.
If they were refused the loans because of political liability, it’s no different.
I’m so fucking sick of short-sighted rubes cheering for corruption used against their enemies, and acting shocked when it inevitably gets turned on everyone else after the precedent is set.
It isn't a weaponized against Trump system. The banking system doesn't lend to anyone who revels in not paying their bills and purposely puts their companies in to bankruptcy after bilking the investors. Any money lent to Trumps is money lost. Banks figured it out after a couple decades of bankrolling them. Then international banks found out the same. Now only mafia types and corrupt countries will lend to them. The same would happen to you, much sooner, if you tried the Trump business method.
It happens to poor people who can't afford a credit score, too. Credit scores are only about 30 years old, iirc
So you just misunderstood the comment entirely.
That's what this sub is about. Progressive politics now means pretending that your local right wing party is fundamentally different from your local left wing party. Both are funded by the same corporate interests and both are chock full of corrupt sell-outs. But one of them talks about helping people while actively screwing them over, so they are O-K!