Private prisons also saw a huge bump in stock prices. GEO Group is up a shocking 26% this morning and CoreCivic—once known as Corrections Corporation of America—is up 20%.
Wow. A lot of people know what’s coming and don’t give a damn.
All they know is profit.
No surprise to anyone.
I hate Trump and voted for Harris and I’m spiraling today. That being said, my stocks have gone up $1,700 today, so that’s nice I guess. I don’t have faith that the market will hold for long though.
Stock prices going up doesn’t matter unless you’re selling
Looks like Israel’s investment paid off.
And we can thank a lot of the “Holocaust Harris” and “Blue MAGA” “don’t vote for genocide” assholes for that too.
Blue MAGA doesn’t exist
I am aware of this. I think you need to re-read my post.
Devastating: getting caught not reading on the internet
In my defense, I see Blue MAGA thrown around from both sides of the Palestine situation.
I don’t think blaming voters is a good idea. There were signals that people would be more likely to vote for Harris if she, for example, agreed to stop sending arms to Israel (more than the voters she’d lose by doing that). The campaign ignored that… if they tell you what they want and you ignore it that’s kinda on you. Trying to rehab the Republican party (“Country over Party”) instead of going out there and hammering home her policy, how she would make things better for voters… there were lots of mistakes made.
She made a huge mistake by not hammering on Trump’s “Take the guns and figure out due process later,” bit. 2A is a huge issue for the Rs.
Blame the voters? No. I blame the people telling them not to vote for “Holocaust Harris.”
It is almost always the non-voters that are the problem. In this case it was a combination of demographics that just chose not to vote at all which led to Trump winning.
Pricing in all the jjuicy tax breaks and stock buy backs from all that extra cash.
BuT hE’s NoT tHe StAtUs QuO
Covid wasnt the status quo and it made rich people richer than any other disaster in history. If you think the status quo is the only way the rich make money you’d be mistaken.
The rich actually get richer by capitalizing off of disasters.
“The time to buy is when there’s blood in the streets.” - Baron Rothschild.
Yep Naomi Klein has a book titled The Shock Doctrine that has explored this. Its a good read if you haven’t already.
He’s not, he’s worse
I’m really not trying to be conspiracy brained, seriously, but won’t the DNC also be making money from a Trump presidency? Stocks/private contracts of the DNC executives aside, don’t they also get huge amounts of donations when they’re the “opposition”?
I’m not saying they purposely ran a shitty campaign, but they clearly have a “silver lining” for if Trump won compared to us normies. Man, it’s so fucked, please someone give me evidence to the contrary, I beg.
It doesn’t increase donations to lose an election. Donors like to think they are making a difference. Maybe when the midterms get rolling, but for a while they’ll be in a slump.
Assuming we have midterms
Functioning as designed.
