"When all is said and done, the White House hopes to provide $40 billion in rescue money for Argentina. …

Trump’s economic 'policy' has no real philosophy—it just involves throwing money at people he wants to help and tariffs at people he decides to punish. There’s no other rhyme or reason to it, and now even MAGA is starting to notice."

~ Andrew Egger

#Trump #Argentina #EconomicElites #taxpayers #economy #farmers #agriculture #beef
/5

https://www.thebulwark.com/p/dont-cry-for-me-argentina-heres-40b-trump-america-first-moo

"[Farmers] see that Donald Trump has to make a choice. And his choice is either: Is he going to screw over his billionaire friends in Argentina, or is he going to screw over the farmer? And he’s picking the billionaire."

~ Matt Hildreth of RuralOrganizing.org, whose family has farmed for genereations

#Trump #Argentina #EconomicElites #taxpayers #economy #farmers #agriculture #beef
/4

https://newrepublic.com/article/202097/trump-screwing-voters-badly-shocked-maga-farmer

"Specifically, they are asking 'if Washington would plan to backstop the facility.' In other words, these banks are willing to lend Argentina money as long as they can keep the profits, while losses are shouldered by U.S. taxpayers. The Treasury Department did not dispute the Wall Street Journal’s report, saying only that talks with the banks 'remain ongoing' and details would be announced 'when these talks are complete.'”

#Trump #Argentina #EconomicElites #taxpayers #economy
/3

"A report this week by the Wall Street Journal details what is really happening. The group of banks assembled by Bessent to help Argentina, which includes JPMorgan Chase, Bank of America, Citigroup, and Goldman Sachs, is demanding 'some type of guarantee or pledge to ensure they will get their money back.'”

#Trump #Argentina #EconomicElites #taxpayers #economy
/2

"The cost of the Argentine bailout to United States taxpayers may grow to $40 billion. ...

Javier Milei, the President of Argentina, desperately needs an influx of dollars to prevent a rapid devaluation of the peso. Controlling the peso’s value is key to Milei’s plan to reduce inflation, which reached 200% in Argentina in 2023."

#Trump #Argentina #EconomicElites #taxpayers #economy
/1

https://popular.info/p/update-taxpayer-bailout-of-argentina

#Trump straight up robbing #taxpayers

Trump Demands #DOJ Pay Him $230 Million For Federal Investigations Into Him

Senior department officials who were defense lawyers for Trump & those in his orbit are now in jobs that typically must approve any such payout, underscoring potential ethical conflicts.

#law #LegalEthics #RevengePolitics #propaganda
https://www.nytimes.com/2025/10/21/us/politics/trump-justice-department-compensation.html?smid=nytcore-ios-share&referringSource=articleShare