Blackvegetable » 16 Jun 2024, 9:17 am » wrote: ↑
The Billionaires Backing Trump Have Selective Memory
https://www.bloomberg.com/opinion/artic ... ive-memory
When billionaire John Paulson was asked why he was hosting a fundraiser for Donald Trump as the former president attempts to regain the White House, here’s what he told a Bloomberg News reporter during an interview at his $110 million Palm Beach estate: I think Trump did a phenomenal job in his first term as president. Pre-Covid, the economy was probably the strongest it has ever been. The unemployment rate was at historic lows. Domestic manufacturing was surging. Energy production was growing. Our trade deficit was declining. And the economic benefits were being felt broadly at all income levels.
Little of that is true, and the parts that are come with a big asterisk, as Paulson, who made his fortune during the financial crisis running a hedge fund that bet against the US housing market, should know. But in recent weeks, a growing number of billionaires have come out in support of the former president including Blackstone Inc. co-founder Steve Schwarzman, whose $41 billion net worth puts him among the 40 richest people in the world; Oracle Corp. co-founder and Chairman Larry Ellison; Cantor Fitzgerald LP Chief Executive Officer Howard Lutnick; Continental Resources Chairman Harold Hamm; Home Depot Inc. co-founder Bernie Marcus, and newly minted billionaire Joe the Plumber. Citadel founder Ken Griffin, a Republican donor, has said “for investors, overall, a Trump administration is good for our capital markets” but is waiting to see who Trump picks as his running mate before giving an endorsement.
Blessed are the Producers.....
I commend you on your cut and paste skills.
Are you "old school" CTRL A, CTRL C, CTRL V or do you use menu commands.
Asking for a friend
Ask a moderator to end this one for ya