Comment on Donald Trump’s crypto project netted $350mn from presidential memecoin

Imgonnatrythis@sh.itjust.works ⁨5⁩ ⁨weeks⁩ ago

• singletona@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

  crsreports.congress.gov/product/pdf/if/if11086

  Well lookie here. It is constitutionally illegal. Guess those ‘orginalists’ in the court have some fairly creative interpretations on that one. Or they just stopped pretending to care.

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  • acosmichippo@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    scotus isn’t the issue, it’s the milquetoast congress that won’t impeach and convict him.

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    • Bwoj@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      Why not both?

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      • earphone843@sh.itjust.works ⁨5⁩ ⁨weeks⁩ ago

        The SC doesn’t have any power right now.

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      • acosmichippo@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        they have no power over the president. only congress does.

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    • singletona@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      Dems that have had no spine for decades, and the republicns have become openly a cult.

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• Bwoj@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

  It’s in there in the section on “emoluments”. Problem is SCOTUS has already ruled “no foul, play on”

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• UnderpantsWeevil@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

  The founding fathers never anticipated such dick-headery

  George Washington was the richest man in the New World at the time of his Presidency. Jefferson, Madison, Hamilton, and John Jay weren’t far behind. And quite a few of them (particularly the Federalists) were notorious for the wealth they accrued on currency and commodity speculation. That was one of the sticking points of the First National Bank. Whomever controlled it could effectively finance scams and flim-flams at a rate unheard of prior to the institution of modern banking.

  Go ahead and sell books you’ve never read nevermind haven’t written, and memecoins to dumb twats after you are out if you want, but this shit can’t happen in active office.

  This is the whole reason people seek active office. Politics is just another avenue of celebrity, with the bonus of influencing policy in such a way that you can direct public spending into private pockets. This is the latest means of doing so. But its an age old tradition, older than the nation itself.

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• earphone843@sh.itjust.works ⁨5⁩ ⁨weeks⁩ ago

  They did, though. The electoral college was created to stop this exact scenario from happening. But, the EC power was stripped away over the years, so it failed.

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