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#howardlutnick

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#TheCryptocalypseChronicles: El Salvador's Gulag Cryptopelago (new, spicier title)

#ElSalvador's in the news a lot right now because the Trump administration shipped a few hundred people off to that country's incredibly dangerous new mega prison, #CECOT.

What seems to have gone unnoticed in all the reporting, however, is Salvadoran dictator #NayibBukele's outsized role in the world of cryptocurrency and through that his direct connections to the Trump administration via Commerce Secretary #HowardLutnick and #Tether.

Retoots appreciated.

cryptadamus.substack.com/p/we-

#HowardLutnick is claiming he has sold 1,000 permanent US residence permits for $5 million each (Trump's "Gold Cards") to the world's wealthiest kleptocrats, oligarchs, and crypto bros (though he doesn't describe them that way).

note that these people will be able to live in the US but (unlike US citizens) will not have to pay taxes on their foreign income.

you should expect america's billionaires to start "emigrating" to other countries and "coming back" as Gold Card holders for tax reasons.

Howard Lutnick told a national television audience to buy a specific stock tied to the sitting president’s top campaign donor. THIS. IS. NOT. NORMAL.

Why is Trump’s Commerce secretary urging the public to buy Tesla stock?
msnbc.com/rachel-maddow-show/m

MSNBC · Why is Trump’s Commerce secretary urging the public to buy Tesla stock?By Steve Benen

Following #Trump’s shameful #Tesla advert on the WH lawn last week, US #Commerce Secy #HowardLutnick used a TV appearance to urge Americans to buy stock in #ElonMusk's company.

Cabinet secretaries *don't typically* [NEVER] recommend individual stocks, much less those linked to the president's closest adviser.

#kleptocracy #oligarchy #broligarchy
axios.com/2025/03/20/tesla-mus

Elon Musk and Commerce secretary Howard Lutnick speak outside the White House.
Axios · Tesla falls after Commerce secretary recommends buying stockBy Ben Berkowitz

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#TheCryptocalypseChronicles: We Need To Talk About El Salvador

#ElSalvador's in the news a lot right now because the Trump administration shipped a few hundred people off to that country's incredibly dangerous new mega prison, #CECOT.

What seems to have gone unnoticed in all the reporting, however, is Salvadoran dictator #NayibBukele's outsized role in the world of cryptocurrency and through that his direct connections to the Trump administration via Commerce Secretary #HowardLutnick and #Tether.

Retoots appreciated.

cryptadamus.substack.com/p/we-

The Cryptocalypse Chronicles · We Need To Talk About El SalvadorBy Michel de Cryptadamus
Continued thread

The potential to more than double the scope of #Trump’s #tariffs has alarmed economists & some congressional #Republicans, while other WH allies are concerned about the logistical challenges of a complicated new #import #tax regime. The precise nature of these new duties has spurred extensive discussions at the highest levels of the admin, w/VP #JDVance, #Commerce Secy #HowardLutnick, WH aide #PeterNavarro & #Treasury Secy #ScottBessent all playing a role in the talks….