• fmstrat
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    41 day ago

    Many countries do this to bring in wealthy investors. In those countries there are requirements to invest in local economy, not sure about this one.

    The wealthy use these to travel every couple of month, allowing them to skip residency taxes by never being anywhere long enough.

    However a US one is just dumb, because US tax laws are one of the only ones that will tax you, as a resident, when you are not in the US. So the types of people who typically buy these won’t go near it.

    • ssladam
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      123 hours ago

      Don’t worry! It’s the types that need to launder money that this will serve. Problem solved!

    • @InverseParallax@lemmy.world
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      82 days ago

      It doesn’t work.

      The right would celebrate that it was ‘triggering teh libs’.

      You can’t beat someone who is only playing to get a rise out of you.

      • @SulaymanF@lemmy.world
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        21 day ago

        Sure you can. When Trump breaks them and makes them poor, they’ll have to stop trolling and get serious. A ton of them are starting to wise up and pressure their congressional representatives to do something.

        • @InverseParallax@lemmy.world
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          31 day ago

          Nope.

          You vastly underestimate their hate.

          When they’re broken, he’ll let them loose on the browns who get all the blame.

          Exactly the same as happened during the first great depression.

          • @SulaymanF@lemmy.world
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            21 day ago

            Sure but they’ll stop trying to be silly and get more serious (albeit hateful).

            As Chris Rock said, if a homeless guy has a funny sign, he hasn’t been homeless for long.

            • @InverseParallax@lemmy.world
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              21 day ago

              The analogy is apt, we are the guy with a job walking by in a suit, they are coming down from meth, desperate for their next fix, and they’re pulling out their knife.

              Last time they went on a redneck rampage we lost 600k good Americans.

    • @Zron@lemmy.world
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      41 day ago

      Half the shit he’s done has required congressional authority.

      Congress is full of fascist shit lickers and is fully complicit in all of these violations to the constitution. They could have impeached him weeks ago for setting up DOGE or enacting tariffs without congressional approval, instead they sit back and act like they can do nothing.

  • @nthavoc@lemmy.today
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    192 days ago

    This is another grift to add to his portfolio of products. For example Trump Steak, Trump Phone, Trump University, Trump Coin, Trump shoes and so on. He never puts his name or face on something unless he knows he has a way to make a ton of money off it by screwing someone over and get away with it. He also doesn’t have to borrow money from banks anymore because the United States assumes the risk.

    Remember that billionaires never spend their own money. Trump always drops a chaff grenade for the media when he is getting ready to do something really stupid using the public’s money. This is one of those moments. So the question is not, “Who is going to buy this?” the question is “What is he about to grift next using tax dollars?”

  • @aseriesoftubes@lemmy.world
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    1853 days ago

    “Who is the first buyer?” one of the reporters asked.

    “Me,” Trump quipped.

    “The second?” the reporter pushed on.

    “I don’t know, but I’m the first buyer. It’ll be out in … less than two weeks. Pretty exciting, right?” the president asked.

    First of all, why would he be the first buyer of an express residency card when he’s already a citizen? Fucking moron.

    Second, “it’s happening in two weeks” is Trumpspeak for “it’s literally never going to happen.”

      • GretaAintNoFlowerChild
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        293 days ago

        As is his proclamation that April is Child Abuse Prevention Month, and then goes on to ONLY talk about trans kids.

        • @andros_rex@lemmy.world
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          31 day ago

          Wonder how the big players in the troubled teen industry donated. I’m sure RFK Jr’s department will be quick to investigate and regulate teen torture facilities.

      • @ricecake@sh.itjust.works
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        243 days ago

        Don’t give him so much credit. Everything he does is credited as an intentional distraction from whatever it is that he just did.

        • @samus12345@lemm.ee
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          243 days ago

          Yeah, it’s pretty tiresome. “This is a distraction!!!” No, literally everything he does is a horrible mess and he just keeps doing more.

        • @Halcyon@discuss.tchncs.de
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          72 days ago

          That would also mean that he had planned everything in detail to fit together. That’s beyond his capacities. The recession was obviously unplanned; he’s already struggling to keep the whole thing under control. The complexity of human society is overwhelming him.

        • @EightBitBlood@lemmy.world
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          112 days ago

          Yep. There’s this strategy called “pump and dump.” It’s often used by the wealthy to inflate stock prices before cratering them to buy at discount.

          Idiots like you see line go up for a while, and think:

          • I’ll buy at a discount as it falls

          Instead of noticing the “pump” part of the scheme, also visible in your image.

          Unless you want to point to some economic windfall happening between 2022 and 24 that explains all that growth, it is very likely from downsizing, buybacks, and off market darkpool price manipulation. (Which now happens regularly these days with every blue chip stock around 5pm).

          Historically, Tariffs lead to a recession in 1830 (15% Tariffs), a Depression in 1930 (20% Tariffs), and now with a 40% plus Tariffs on basically everything, we are likely to see the complete disembowlment of the US Dollar and all the market dominance we built with it.

          You better get your completely misplaced premature celebration out now, because you are going to be eating crow the rest of this year, and far into the future. There’s no amount of bullshit Trump spin that will bring our markets back. We are unquestionably fucked.

          I will gladly check back here in 8 months to provide an updated chart, seeing as you will certainly be too embarrassed to do so.

          • @danc4498@lemmy.world
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            12 days ago

            Idiots like you

            Here I am posting a joke, and you gotta be an ass and not even understand what I posted. We’re literally saying the same thing.

              • @danc4498@lemmy.world
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                02 days ago

                Maybe not. But it’s a literal picture of the stock market melting down.

                Either way, if it’s not clear, maybe people should err on the side of not being a dick to a stranger on the internet.

                • @EightBitBlood@lemmy.world
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                  2 days ago

                  It’s a picture of the stock market melting down…

                  …from a time frame of 2021 and on.

                  Which implies the growth from that time until now is somewhat meaningful in comparison to the dip that specific time frame does its best to minimize.

                  Which to me, seems intentional. Kinda like you’re being a dick. Which is why I responded like one in turn.

                  If that was all an accident:

                  Then apologies for calling you an idiot and listing in detail all the ways I agree with you about the market melting.

    • sp3ctr4l
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      3 days ago

      Residual salesman brain.

      Trump: I am awesome, I bought this thing, it is awesome, you will be awesome if you buy it too.

      It bears no relationship to … making any kind of sense, because it is literally a hustle, a psychological manipulation tactic.

      He is just saying salesman words, meant to encourage buy in.

      Has no relation to reality, the truth, making sense, etc.

      … But, it works on rubes, dullard marks, cult members, weak willed / low self esteem people with decent reliability.

      These are just more Trump University or Trump Steaks to him.

      • @ripcord@lemmy.world
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        142 days ago

        He’s not faking being a citizen. He’s faking being self-aware. He barely has a clue wtf he’s talking about at any given time. That’s all.

    • don
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      263 days ago

      Why would the president of the United States even need to or care about buying his own residency card?

      In case he accidentally revokes it, because he’s a senile fucking moron.

      • @ExtantHuman@lemm.ee
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        42 days ago

        To sell it later because he thinks it’ll be a collector’s item. His only thoughts are ever about making money.

      • @sporkler@lemmy.world
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        93 days ago

        He could wake up tomorrow in a Venezuelan prison form ‘accidently’ being deported, since he made it so that’s a thing now

    • @blarth@thelemmy.club
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      102 days ago

      So law and order is just bullshit now right? You buy a gold fucking stupid ass card with dear leader’s picture on it and you get to skip the line? Where is that money going by the way, to Trump or a public fund?

      • @CharlesDarwin@lemmy.world
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        31 day ago

        It’d be a helluva thing if some dumbasses were to actually buy these things, then have it rendered null and void if the adults get back in charge…and are not given a refund.

      • @futatorius@lemm.ee
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        82 days ago

        You buy a gold fucking stupid ass card with dear leader’s picture on it and you get to skip the line?

        There have been similar (non-literal) golden visas offered all over the world, mainly by poorer EU countries or the various third-tier states that make most of their foreign exchange through money-laundering.

    • @tomi000@lemmy.world
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      73 days ago

      “24h” was equivalent to “maybe during this term”, so 2 weeks could mean within the next 2 decades

    • bean
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      53 days ago

      Well, my first thought was that he did it to cover Melania 😂

  • @cocomutative_diagram@infosec.pub
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    2 days ago

    “sale of 1,000 Gold Cards this week, raising $5 billion in a single day.”

    Good for you, even if the number is true (it is not) and these keep selling (they won’t), we just need a year and a half to make back the 2.5 trillion stock market lost overnight; and 6 whole years to make back 11 trillion lost since he took the office.

    BTW, I cannot it has only been less than 3 month. Feels like years have passed.

  • crazyhotpasta
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    172 days ago

    At this point, you’d have to be badly mentally challenged if you’re willing to pay to live in U.S

  • Lit
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    743 days ago

    Why not let Americans sell their citizenship for $5m instead.

  • modifier
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    413 days ago

    This is our actual present reality, people. Resist the urge to look away, it will still be there.

    Holy fuck.

    • @slaneesh_is_right@lemmy.org
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      102 days ago

      The guy sold beans from the oval office, he’s selling tesslers and golden shoes. This isn’t even close to the weirdest thing he did.

  • hopesdead
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    283 days ago

    Ah yes, pay $5m to live where other people get deported despite their legal status. Only a fucking moron will get one.

    • @Not_mikey@slrpnk.net
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      83 days ago

      You’re just mad trump discovered an infinite money glitch for government revenues. Sell someone a visa for $5 mil, kick them out for no reason because you can, make them pay another $5 mil to come back, rinse and repeat.