The goal is to not let them take their fucking money and run. Because then it would be real… So you come up with a new idea, a better idea, a NEW STOCK.
IYKYK 😂
toiletobserver@lemmy.world
on 17 Jun 21:01
nextcollapse
Profiteering is the wrong word.
Instead, crony capitalism, abuse of power, or something else is more appropriate
untakenusername@sh.itjust.works
on 18 Jun 03:40
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how exactly are they abusing their power with this one?
toiletobserver@lemmy.world
on 18 Jun 04:12
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Using their position of political power to advertise a business which directly benefits them. It is plainly not part of the duties of the office. Same reason good presidents put their financial affairs in a blind trust for the duration of of their term.
nickwitha_k@lemmy.sdf.org
on 18 Jun 08:22
nextcollapse
Besides the naked corruption?
untakenusername@sh.itjust.works
on 19 Jun 00:18
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is a president selling merchandise while in office corruption? because if you think that isn’t, then this isn’t
nickwitha_k@lemmy.sdf.org
on 19 Jun 03:35
collapse
Leveraging his office for profit? Yes. By definition it absolutely is
He’s already been violating the emoluments clause of the Constitution.
For giggles, I’d like you to explain how the President of the United States launching his old overpriced phone on his own overpriced network with every possible element named, adorned and even priced after himself could be considered anything other than abusing their power?
untakenusername@sh.itjust.works
on 19 Jun 00:16
collapse
he’s just selling something that his followers will buy. no one else really cares to.
your logic could be even more effectively applied to him selling merchandise about him and that isn’t an overreach of power in any way
Y’all, the last thing the suckers who will buy this want is some Nanny State telling them they can’t buy this.
It’s a stupid fake phone. Let them buy it. Who cares? If not this, the grifters already have 700 other things lined up behind it. Let them pay for our schadenfreude, as they have done so many times before.
surewhynotlem@lemmy.world
on 17 Jun 22:03
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The problem is not with the buyers.
untakenusername@sh.itjust.works
on 18 Jun 03:40
nextcollapse
this is just them making money off people who will willingly give them money
its not some blatant overreach of power, at worst their using their fame as advertising for it
nickwitha_k@lemmy.sdf.org
on 18 Jun 08:31
nextcollapse
The FCC, which licenses radio spectrum and makes the rules for device certification is part of the Executive branch. So are the CFPB and the SEC, or what’s left of them. He’s literally, corruptly leveraging his office to benefit his cons and preventing regulations from applying to himself and his cronies.
They’re using the office of President to advertise products for personal gain. Not just any products but overpriced Chinese garbage. They’re also lying about them being made in the US, which is illegal.
untakenusername@sh.itjust.works
on 19 Jun 00:27
collapse
I’ve got a really good feeling that if sanders were president, and he was selling merchandise, using his position as POTUS to advertise for it, and said it was made in the us while its raw materials were made elsewhere, you’d be fine with that
I’m no fan of trump, but this isn’t an overreach of power nearly as bad as you say it is. its not the job of there potus, but its also not harmful
Pretend I’m some semi-adversarial nation, like Saudi Arabia. I want trump to let off some sanctions, or tariffs, or in general give me preferential treatment compared to other nations. I want to give trump a big sum of money to do this, just writing him a check would be obvious corruption. So instead, I just book whole floors of his hotels during off-peak hours, and at a premium pricing. I don’t even bother having anyone stay in the rooms, so trump can even book those rooms again for additional money. I just “legitimately” sent trump a bunch of money, and now he is paying it forward by stopping investigations into my goons sawing journalists into tiny pieces.
If this sounds to far-fetched for you, keep in mind that it literally happened.
This phone company trump has made really only exists as a bit of paper and some software. It has no infrastructure, no brick and mortar store fronts, nor any assets. It’s mostly an agreement with a large carriers to lease time on their networks, charged per usage amount. For this scenario, let’s pretend I’m Vladimir Putin trying to pay trump for leaving Ukraine high and dry. I simply put in orders for Trump’s phone service, and then never even use the phones. Hell, a physical phone is probably never sent. On paper, it looks like 100,000 people signed up for the service, but they never use any of the lines, so trump collects nearly 100% of the money, with just a little bit lost to keep a small server up to handle transactions and accounts.
If none of this makes sense to you as an obvious vector for trump to receive money from foreign agents, then I’d guess that you’re the kind of person who thinks that the mob ran legitimate protection services.
Vanilla_PuddinFudge@infosec.pub
on 18 Jun 08:49
nextcollapse
Let’s break down who’s actually going to buy this piece of shit.
Anyone with any experience with buying a modern Android phone?.. Nope. Metro, Tello, US Cellular, etc are all cheaper than Trump Mobile by almost half the price and the phone itself is a REVVL variant selling for $500, and Apple fans aren’t watching anyway.
So that just leaves extremely uninformed people who don’t know any better. You’ll be able to identify how little they know by the fact that they’ll pay double the going-rate of an MVNO for an overpriced, gold slab of feces.
A lot of Apple fans are tied into their ecosystem, either by profession or just history with the brand. Any Android phone means upending their lives if they depend on their phones for business or pleasure, and a lot of them are Apple fans because Tim Cook keeps Trump 39.5ft away, so they’re off the books.
TL/DR: Get ready to see a bunch of boomers walk out of church with gold phones.
Ho is his coin doing? Didn’t hear much about that…
answersplease77@lemmy.world
on 19 Jun 06:17
collapse
All his family coins are 95% down. The worse problem is that their coins were designed from the start with the sole purpose to draw donations indirectly to Trump ( and for favors in return? as the case was with Justin Sun, who is the #1 Trump coin holder, and he previously donated a million to trump to pardon him from his fraud case. )
Both of the Trump and Malenia coin whitepapers, fee percentages, premined allocations and locked durations…etc everything shows clear as day that it’s a grift to the Trump family and that all coin revenues go to them that it’s impossible for the coin to gain any value.
That’s not my opinion. Those are the facts that everyone has reported on already.
threaded - newest
Is this a red line
Yes, but at this point it looks like the red sharpie is running dry.
It’s the latest in a long red line of red lines.
What better way to get you to pay them to steal and abuse your data?
It comes pre-installed with “Your Palantir Pal” AI assistant.
The goal is to not let them take their fucking money and run. Because then it would be real… So you come up with a new idea, a better idea, a NEW STOCK.
IYKYK 😂
Profiteering is the wrong word.
Instead, crony capitalism, abuse of power, or something else is more appropriate
how exactly are they abusing their power with this one?
Using their position of political power to advertise a business which directly benefits them. It is plainly not part of the duties of the office. Same reason good presidents put their financial affairs in a blind trust for the duration of of their term.
Besides the naked corruption?
is a president selling merchandise while in office corruption? because if you think that isn’t, then this isn’t
Leveraging his office for profit? Yes. By definition it absolutely is
He’s already been violating the emoluments clause of the Constitution.
For giggles, I’d like you to explain how the President of the United States launching his old overpriced phone on his own overpriced network with every possible element named, adorned and even priced after himself could be considered anything other than abusing their power?
he’s just selling something that his followers will buy. no one else really cares to.
your logic could be even more effectively applied to him selling merchandise about him and that isn’t an overreach of power in any way
How is this a real question? We’re fucking cooked.
bc of a phone 🤦
I’m not even disagreeing with you, but listen to yourself.
So, standard capitalism stuff?
Kind of, except the person doing it is the sitting president. Call it an aggravating factor.
Without proper consequences their behaviour will continue.
But, but, they’re been blasted. Didn’t you see in the article? Surely, they’ll stop this behaviour this time.
Blasted is nothing, wake me up when they get slammed.
Y’all, the last thing the suckers who will buy this want is some Nanny State telling them they can’t buy this.
It’s a stupid fake phone. Let them buy it. Who cares? If not this, the grifters already have 700 other things lined up behind it. Let them pay for our schadenfreude, as they have done so many times before.
The problem is not with the buyers.
this is just them making money off people who will willingly give them money
its not some blatant overreach of power, at worst their using their fame as advertising for it
The FCC, which licenses radio spectrum and makes the rules for device certification is part of the Executive branch. So are the CFPB and the SEC, or what’s left of them. He’s literally, corruptly leveraging his office to benefit his cons and preventing regulations from applying to himself and his cronies.
They’re using the office of President to advertise products for personal gain. Not just any products but overpriced Chinese garbage. They’re also lying about them being made in the US, which is illegal.
I’ve got a really good feeling that if sanders were president, and he was selling merchandise, using his position as POTUS to advertise for it, and said it was made in the us while its raw materials were made elsewhere, you’d be fine with that
I’m no fan of trump, but this isn’t an overreach of power nearly as bad as you say it is. its not the job of there potus, but its also not harmful
Your “feelings” are deeply flawed. You know nothing about me.
Let’s put it this way.
Pretend I’m some semi-adversarial nation, like Saudi Arabia. I want trump to let off some sanctions, or tariffs, or in general give me preferential treatment compared to other nations. I want to give trump a big sum of money to do this, just writing him a check would be obvious corruption. So instead, I just book whole floors of his hotels during off-peak hours, and at a premium pricing. I don’t even bother having anyone stay in the rooms, so trump can even book those rooms again for additional money. I just “legitimately” sent trump a bunch of money, and now he is paying it forward by stopping investigations into my goons sawing journalists into tiny pieces.
If this sounds to far-fetched for you, keep in mind that it literally happened.
apnews.com/…/travel-business-saudi-arabia-malaysi…
This phone company trump has made really only exists as a bit of paper and some software. It has no infrastructure, no brick and mortar store fronts, nor any assets. It’s mostly an agreement with a large carriers to lease time on their networks, charged per usage amount. For this scenario, let’s pretend I’m Vladimir Putin trying to pay trump for leaving Ukraine high and dry. I simply put in orders for Trump’s phone service, and then never even use the phones. Hell, a physical phone is probably never sent. On paper, it looks like 100,000 people signed up for the service, but they never use any of the lines, so trump collects nearly 100% of the money, with just a little bit lost to keep a small server up to handle transactions and accounts.
If none of this makes sense to you as an obvious vector for trump to receive money from foreign agents, then I’d guess that you’re the kind of person who thinks that the mob ran legitimate protection services.
Let’s break down who’s actually going to buy this piece of shit.
Anyone with any experience with buying a modern Android phone?.. Nope. Metro, Tello, US Cellular, etc are all cheaper than Trump Mobile by almost half the price and the phone itself is a REVVL variant selling for $500, and Apple fans aren’t watching anyway.
So that just leaves extremely uninformed people who don’t know any better. You’ll be able to identify how little they know by the fact that they’ll pay double the going-rate of an MVNO for an overpriced, gold slab of feces.
A lot of Apple fans are tied into their ecosystem, either by profession or just history with the brand. Any Android phone means upending their lives if they depend on their phones for business or pleasure, and a lot of them are Apple fans because Tim Cook keeps Trump 39.5ft away, so they’re off the books.
TL/DR: Get ready to see a bunch of boomers walk out of church with gold phones.
I don’t think the phone actually exists, it’s just a digital mockup.
…that’s even worse somehow
Nice Grinch reference.
But Trump just said he hates talking on phones….wtf?
I think that Trump feels that this will finally impress Ivana enough.
Ho is his coin doing? Didn’t hear much about that…
All his family coins are 95% down. The worse problem is that their coins were designed from the start with the sole purpose to draw donations indirectly to Trump ( and for favors in return? as the case was with Justin Sun, who is the #1 Trump coin holder, and he previously donated a million to trump to pardon him from his fraud case. )
Both of the Trump and Malenia coin whitepapers, fee percentages, premined allocations and locked durations…etc everything shows clear as day that it’s a grift to the Trump family and that all coin revenues go to them that it’s impossible for the coin to gain any value.
That’s not my opinion. Those are the facts that everyone has reported on already.
Ow it was clear to me it was a Grift, it’s his only modus operandi.
Thanks for the detailed write up, very insightful!