Aug. 28 at 11:14 AM
$SPY $QQQ $META $AMZN $PLTR
U.S. companies work to gain favor with Democrats, WSJ reports
THIS IS THE PROBLEM WITH THE CURRENT CRONY CAPITALIST SYSTEM IN THE UNITED STATES.
THESE COMPANIES ALL FLIPPED TO THE CURRENT ADMINISTRATION, DONATED MONEY AND PLAYED THE GAME TO GAIN FAVOR WITH THE TRUMP.
NOW, GIVEN IT LOOKS LIKE THE DEMOCRATS WILL LIKELY GAIN CONTROL OF CONGRESS AFTER THE MID-TERMS, THEY ARE TRYING TO GAIN FAVOR WITH THE DEMOCRATS.
IMHO, A SOCIETY CAN'T SURVIVE WHEN THE TRUE STRING PULLERS (THE CORPORATIONS WITH THE MONEY) PLAY THIS GAME AND NO ONE STANDS FOR ANYTHING OTHER THAN GAINING FAVOR WITH WHOEVER IS VOTED IN AT ANY GIVEN TIME.
Some U.S. companies with close ties to President Trump are trying to gain favor with Democrats in case they become targets if Republicans lose control of the House, Annie Linskey and Emily Glazer of The Wall Street Journal reports. Big tech companies are preparing for congressional and criminal investigators, some advisers, lobbyists, and board members told the Journal. Meta (META) and others are writing big checks for Democrats; Paramount (PSKY), Kalshi, and others are hiring former Democratic aides to bolster government relations; and Meta and Palantir (PLTR) are among the companies concerned about future requests for information, congressional hearings, and subpoenas, sources told the Journal.
Additionally, executives from Amazon (AMZN), Chevron (CVX), Pfizer (PFE), UnitedHealth (UNH) and others attended a summer seminar hosted by the U.S. Chamber of Commerce that focused on "managing potential congressional oversight and investigations," according to documents reviewed by the Journal.
