this post was submitted on 26 Mar 2025
776 points (99.0% liked)

News

28227 readers
4912 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

Summary

Tech leaders who once backed Trump are fed up as his second term descends into chaos.

Venture capitalists and startup founders complain about erratic policies and feel burned by crypto bro schemes like $Trump coin, which tanked after launch.

Appointing David Sacks as "crypto czar" only fueled suspicions of cronyism, while proposed defense budget cuts leave companies like Anduril and Palantir reeling.

Even billionaire allies like Jeff Bezos are souring as tariffs and economic uncertainty hit their bottom line. "Everyone is annoyed," says one disillusioned founder.

you are viewing a single comment's thread
view the rest of the comments
[–] Coreidan@lemmy.world 23 points 6 days ago (2 children)

Oh please. They love it. They are drooling at the idea of ushering in violence and fascism. They’ve been preparing for the last decade.

[–] VitoRobles@lemmy.today 8 points 6 days ago* (last edited 6 days ago)

This is my take. Once their bottom line starts fluctuating, they'll simply find a new loophole to exploit so money keeps flowing, while slightly adjusting their fleet of yachts to a safer distance.

There's no allegiance to anything. US is just the most convenient place to generate wealth right now.

[–] frezik@midwest.social 6 points 6 days ago* (last edited 6 days ago) (2 children)

Maybe, maybe not. This has turned out differently before. Here's a tidbit from Homage to Catalonia (emphasis added):

But there were several points that escaped general notice. To begin with, Franco was not strictly comparable with Hitler or Mussolini. His rising was a military mutiny backed up by the aristocracy and the Church, and in the main, especially at the beginning, it was an attempt not so much to impose Fascism as to restore feudalism.This meant that Franco had against him not only the working class but also various sections of the liberal bourgeoisie—the very people who are the supporters of Fascism when it appears in a more modern form.

It'll come down on if they like authoritarian control better than they like money. They're getting burned on the money part, and there's no reason to think Trump's policies will make it any better in the long run.

But don't count on them either way. They'll still enact policies that are good for billionaires, not us.

[–] jj4211@lemmy.world 7 points 6 days ago

People only like authoritarian when they get to be the authority. So these folks that are getting financially screwed also have no reason to believe they would get power in exchange.

It's basically seeming like a bum deal all around.

[–] Coreidan@lemmy.world 3 points 6 days ago

They all attend the same parties and go to all the same social gatherings. That is pretty much all you need to know.