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|    alt.politics.economics    |    "Its the economy, stupid"    |    345,374 messages    |
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|    Message 345,251 of 345,374    |
|    useapen to All    |
|    Trump backers finally reap rewards after    |
|    10 Aug 25 08:14:54    |
      XPost: alt.politics.trump, alt.fan.rush-limbaugh, sac.politics       XPost: talk.politics.guns, or.politics       From: yourdime@outlook.com              The business of MAGA is booming. There’s crypto, and of course The       Donald’s signature country clubs and golf courses that people are willing       to pay big bucks to get into.              There’s also a quieter but increasingly lucrative business of consulting       corporate America on how best to deal with Trumpers who control the vast       administrative state, On The Money has learned.              Yes, knowing President Trump and the people he has appointed is a good       thing these days, four years ago not so much.              In fact, being associated with Trump for many people who served during his       first term was for a time the employment version of catching leprosy,       former Trump officials tell me.              Their comments came following my scoop that JPMorgan and Bank of America       “debanked” Trump for his role in the January 6 Capitol Hill melee. It       followed pressure from the Biden administration, people at the banks say,       to steer clear of Trump and his family’s business interests after he lost       the 2020 presidential campaign.              You can be like me and not condone the January 6 upheaval and still       shudder at the thought that Trump’s actions that day means he can’t have a       private business life, which is what the Biden administrative state       working with the nation’s two largest banks appeared to have tried to do,       people at the banks confirm.              But the blackballing apparently didn’t stop at the banking business – it       spanned across corporate America, sources told On The Money.              It included major corporations throwing away the resumes of very capable       people, being excommunicated from teaching posts at major universities. It       meant being kicked off the speaking circuit, and no book deals, all for       working for a time with Trump during his first term, former officials       said.              Here’s how one former top Trump economic aide put it: “The entire weight       of government came out against Trump and people who worked for him       including yours truly. It went beyond banking. People couldn’t get hired.       People couldn’t get speaking gigs. It was really, really bad all fueled by       the Biden administration.”              How it was communicated by the Biden people to big companies to blacklist       Trump and his people isn’t quite known. Big business, however, is highly       regulated. You can see how having a former Trumper in a top role at a       major corporation, or Trump’s businesses holding accounts at JPMorgan or       Bank of America, could bring scrutiny or worse. So why take the risk?              Most major companies and banks didn’t, my reporting shows. The people from       Trump who did land not long after January 6 and Trump’s first term ended       did so in safe spaces for conservative voices, such as my employer, Fox       News (which shares corporate ownership with The Post) and right-of-center       think tanks.              Of course, many Americans rebelled against Sleepy Joe’s various economic       policies – from high taxes to inflation-inducing overspending – coupled       with high regulation, not to mention its embrace of woke culture.              Trump was re-elected president in 2024 and corporate America began to open       up to former Trump acolytes,              But until recently, when Trump actually got back into the White House for       Round 2, their job prospects never matched what those who served in the       Obama administration experienced. They immediately snapped up jobs on       corporate boards, and landed plum assignments in public policy and public       affairs the minute Barack left office.              Gary Goldstein, CEO of Whitney Partners, an executive search firm, said       part of the problem with being associated with Trump wasn’t just his deeds       during January 6, or even his election denialism after he lost to Biden in       2020.              Rather, it stems from the fact that businesses hate controversy and before       he was president, Trump was a polarizing figure in New York, known more       for his brash persona and reality TV show, Goldstein tells Fox Business’s       Teuta Dedvukaj.              “Anyone who is in business and gets involved in politics is putting       themselves in harm’s way,” Goldstein said. “It’s better to be agnostic.       Once you cross that line, especially with someone like Trump, you can’t       un-ring that bell.”              Well, being elected president a second time has done a lot for un-ringing.       JPM and BofA will now gladly take The Donald’s money, and the banks are       all hiring consultants and flacks to deal with MAGA 2.0.              Finally it’s getting profitable to be MAGA.              https://nypost.com/2025/08/08/business/trump-backers-finally-reap-rewards-       after-years-of-debanking-black-listing/              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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