Scott
๐ค SpeakerAppearances Over Time
Podcast Appearances
I remember reading that 33 people at the very beginning of the Trump coin that was launched the Friday before inauguration under the cover of dark because there was so much news and so much noise, 33 of them made several hundred million dollars. And by the way, three quarters of those wallets are international wallets.
And then I think something like 800,000 people, as you and me have pointed out, have gone on to lose billions. Two billion. A kleptocracy is a small number of people with proximity to power, oligarchs, who get inside information and advantage. This is making Putin blush. There has never been a president or a prime minister who's been able to aggregate a billion dollars a month.
And then I think something like 800,000 people, as you and me have pointed out, have gone on to lose billions. Two billion. A kleptocracy is a small number of people with proximity to power, oligarchs, who get inside information and advantage. This is making Putin blush. There has never been a president or a prime minister who's been able to aggregate a billion dollars a month.
And then I think something like 800,000 people, as you and me have pointed out, have gone on to lose billions. Two billion. A kleptocracy is a small number of people with proximity to power, oligarchs, who get inside information and advantage. This is making Putin blush. There has never been a president or a prime minister who's been able to aggregate a billion dollars a month.
in these types of gains. And then people say, well, he hasn't sold any coins yet. They've made $300 million just in fees because they take fees in terms of trading.
in these types of gains. And then people say, well, he hasn't sold any coins yet. They've made $300 million just in fees because they take fees in terms of trading.
in these types of gains. And then people say, well, he hasn't sold any coins yet. They've made $300 million just in fees because they take fees in terms of trading.
I just want to make a solution because I'm sick of crying into TikTok or threads or whatever. I believe that the Democrats need to draft legislation, propose it, it will not pass, that says anyone participating in this grift, these people at World Trade, Liberty Financial or whoever it is, You know, be clear.
I just want to make a solution because I'm sick of crying into TikTok or threads or whatever. I believe that the Democrats need to draft legislation, propose it, it will not pass, that says anyone participating in this grift, these people at World Trade, Liberty Financial or whoever it is, You know, be clear.
I just want to make a solution because I'm sick of crying into TikTok or threads or whatever. I believe that the Democrats need to draft legislation, propose it, it will not pass, that says anyone participating in this grift, these people at World Trade, Liberty Financial or whoever it is, You know, be clear.
He might pardon himself and his kids, but if you don't get a presidential pardon and you took place in anything ranging from ICE raids that illegally incarcerated U.S. citizens to engaging in a grift, the statute of limitations is more than three years and nine months. We're coming for your ass. As opposed to all of us just saying, wow, it's the biggest grift in history.
He might pardon himself and his kids, but if you don't get a presidential pardon and you took place in anything ranging from ICE raids that illegally incarcerated U.S. citizens to engaging in a grift, the statute of limitations is more than three years and nine months. We're coming for your ass. As opposed to all of us just saying, wow, it's the biggest grift in history.
He might pardon himself and his kids, but if you don't get a presidential pardon and you took place in anything ranging from ICE raids that illegally incarcerated U.S. citizens to engaging in a grift, the statute of limitations is more than three years and nine months. We're coming for your ass. As opposed to all of us just saying, wow, it's the biggest grift in history.
I know we're going to be right. I'm fairly confident we're going to be right. And then they sail off into the sunset. OK, the president's probably going to get off here. He'll pardon himself. He doesn't care. Fine. But I would start sending a chill down the spine of all the people who are enabling this, including his advisers, including members of Congress.
I know we're going to be right. I'm fairly confident we're going to be right. And then they sail off into the sunset. OK, the president's probably going to get off here. He'll pardon himself. He doesn't care. Fine. But I would start sending a chill down the spine of all the people who are enabling this, including his advisers, including members of Congress.
I know we're going to be right. I'm fairly confident we're going to be right. And then they sail off into the sunset. OK, the president's probably going to get off here. He'll pardon himself. He doesn't care. Fine. But I would start sending a chill down the spine of all the people who are enabling this, including his advisers, including members of Congress.
that if you are engaged in this grift, and this is a grift, let me back up. The definition of insider trading, or really what insider trading is, is it's asymmetry of information. And the reason why we have those laws is that if just a small group of insiders are making money at the expense of everyone else, then everyone else stops investing in the markets. They stop buying stock.
that if you are engaged in this grift, and this is a grift, let me back up. The definition of insider trading, or really what insider trading is, is it's asymmetry of information. And the reason why we have those laws is that if just a small group of insiders are making money at the expense of everyone else, then everyone else stops investing in the markets. They stop buying stock.
that if you are engaged in this grift, and this is a grift, let me back up. The definition of insider trading, or really what insider trading is, is it's asymmetry of information. And the reason why we have those laws is that if just a small group of insiders are making money at the expense of everyone else, then everyone else stops investing in the markets. They stop buying stock.
They stop investing in bonds. And corporate America no longer has access to cheap capital. And The people who own those shares don't get as wealthy because people stop trusting the markets.