r/politics • u/newsweek ✔ Newsweek • 1d ago

Elon Musk lost $11B after Trump's tariffs—and he wasn't the biggest loser

https://www.newsweek.com/musk-bezos-zuckerberg-losses-trump-tariffs-2055255
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u/chocobowler 1d ago

Aren’t there laws against that though?

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u/ripelivejam 1d ago

edna krabappel laugh

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u/GrandmasterOf7 1d ago

The Supreme Court ruled he is above them

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u/mmicoandthegirl 1d ago

He is not above the law, he is merely above punishment

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u/masiakasaurus 1d ago

Where we are going there are no laws.

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u/iFartThereforeiAm 1d ago

The current opposition leader of Australia, on the election trail now, was recently called out for buying up a bunch of bank shares at Rock bottom prices after the 2008 crash, just a day or so before the government was to announce a bailout for the banks. Sounds like insider trading to me, but haven't seen any repercussions.

This is a former police officer that somehow has a multi million dollar empire of child care centers, which are heavily subsidised by the tax payers.

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u/BootedBuilds 1d ago

Why would they care when they control the courts?

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u/rnr_ 1d ago

He's carrying out his "presidential duties" so no...

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u/chocobowler 1d ago

Oh ok makes sense I guess 🤷