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.
Well, that was a quick honeymoon, did they get thoroughly fucked at least?
They thought they paid their dues and Trump would leave them alone after some token bullshit and some “campaign donations” but Trump’s senile ass is causing them issues and they’re sour about it.
Who knew tech bros were still stuck on OS X 10.5…I figured they would use more modern operating systems
They way to a clean and prosperous future is in your reach but instead we all have to adapt and overcome the ignorant old few that want to read paper and tinker on diesel tanks for a few pretty accolades.
Democracy’s greatest weakness is a paranoid old man afraid of change, in great number. Peace through technological wonder instead of undermining humanity.
The leopard ate my face. What the actual hell did they expect‽
Steve Witkoff, for instance, a longtime Trump associate who was appointed as the United States special envoy to the Middle East, has been cashing in on his proximity to Trump to secure private deals, this person says. Witkoff’s son, Zach Witkoff, is the cofounder of World Liberty Financial, the crypto banking platform that launched Trump’s memecoin. Early in March, Steve Witkoff sent cryptocurrency advocates to the Middle East to promote World Liberty Financial’s latest stablecoin project, The Wall Street Journal reported. “Steve Witkoff is calling every sovereign government and saying, ‘You need to support this coin if you want to be in good standing with Trump,’” the person says. Witkoff did not respond to multiple requests for comment.
That doesn’t seem like a great office to have a holder who is soliciting bribes from foreign countries to affect national policy.
https://en.wikipedia.org/wiki/Steve_Witkoff
In November 2024, then President-elect Donald Trump announced that he would appoint Witkoff to be the United States Special Envoy to the Middle East…In addition to his Middle East portfolio, he also became Trump’s personal de facto envoy to Russian President Vladimir Putin.[5]
Awww. Poor rich babies are annoyed. My heart pumps purple piss for them.
FAFO assholes.
My personal thought was “Aww, poor tech-bro capitalists are learning what the actual, obscene fundamentals of their antisocial ideology have always been, and that they were in fact not high-IQ genius technocrats knowing better than anyone else how to run mankind”.
But then I realised they most likely learned nothing and will claim that they, themselves, would never have been so stupid.
My heart pumps purple piss for them.
I admire your commitment to the cause, but you really should get that checked out…
It’s an old saying from back in the day (70s to 80s).
Check out The Wire for reference.
Awesome show. Can’t remember that line though.
Bunk said it to a crime lab tech.
And just found out it was also in Stephen King’s The Dark Tower, book 4, which I read wayyyy back when.
It’s the world’s smallest violin, playing ‘My Heart Pumps Purple Piss for You’.
Great; time for another rewatch.
Maybe this time FS won’t die.
“You can always count on Americans to do the right thing - after they’ve tried everything else.” -Winston Churchill
Allow several hundred years, population boom and bust crashes, and then there will be one brief shining moment where we too can have our own king Author
Several Silicon Valley executives I spoke to — some of whom requested anonymity for fear of retribution — echoed this sense of disappointment, in particular at the havoc the Department of Government Efficiency has wreaked throughout the federal government. “We were all on board for a more business-friendly presidency, but in the end, the whole industry of crypto and AI got rug pulled,” says the partner of a top-tier venture firm directly involved in the Trump administration. “The people surrounding Trump are all scamsters. They are getting rich off our votes, our dollars, and our time.”
Well, there was an unforseeable outcome. Trump was so known for keeping salubrious company in the past.
“We were all on board for a more business-friendly presidency
“More business-friendly presidency” is WILD.
Nearly every presidency of the last century has been pro-business, anti-worker. Federal protections for workers are nearly non-existent. Federal minimum wage is a joke. Wealth inequality is hitting all-time records.
Oligarch ghouls are so high in their ivory tower they have now clue how ordinary families on the ground are struggling.
Oh woe is me! Let’s clutch our pearls and feel so sorry for the incel tech lords and crypto bros that brought this maniac authoritarian regime into power because now they’re annoyed by his policies. Won’t someone please pray for their capital trusts, mansions, nepobabies, and yachts! How will they survive with billions in property and means to escape when the little people tire of their shit and burn it all down?
Sarcasm aside I yearn for the day all these FAFO morons get utterly put in their places. Y’all got to ride high on extorting the working class and immigrant labor while you rubbed it in our faces. Fuck all of you, your lies, your fake unearned success, and your fake patriotism. Fuck all Nazis but six. Save them for pallbearers and when they’re done burying the dead feed them to the dogs.
Not so fun when you’re the ones being pumped and dumped
I guess maybe they should not have voted for him and paid him millions?
Yes, let us not forget that! I haven’t.
“When tech people got involved in the government, they thought Trump was going to take more of a surgical approach and act less like a wrecking ball."
What about his first term, insurrection and campaign and everything about and around him suggested it’d be anything other than a wrecking ball approach???
Naked greed has a way of making even the orangest turd seem to sparkle like gold.
His first term was pretty milquetoast during his term, at least in the ways that these stakeholders cared about. Yeah, he mucked with some trade relationships but largely backed down except for China, and China is a thorn in their side too. The economy basically looked similar to most presidential terms for the last 30 years (except for George W Bush, who had very subpar economic results). Yeah he did some horrible stuff and some incompetent stuff, but economically, his term was just fine (except for 2020, which derailed everyone).
The 2020 election, January 6th, and Trump’s continuing behavior in the wake of that, and the PJ2025 associates that swarmed around him should have been the sign that he was too dangerous to risk. However they could have still thought that Trump’s behavior was more of a show for riling up a base, and his second term would still give them a chance to have him shuffle off to a golf course while the big boys got what they wanted like usual.
This term, there just are no winners, at least domestically, and lots of losers.
Billionaires have done a lot these past few years toward outing themselves as being just as stupid as any other random dumbass.
Yeah well I’m not saying it’s entirely luck, but luck is certainly a significant factor in becoming a billionaire.
Right place, right time, right resources at said place and time etc.
They’re not super geniuses better than anyone else, they just had a lot fall their way, and had the work ethic/psychopathic tendencies to capitalise on it.
In about 2018, I think, a team of researchers put together a mathematical model of how markets work. What they found is that wealth just naturally accumulates to a few people. It’s inherent to how markets work, and it’s more or less at random; in their simulation runs, every person started out in an equal position.
It’s all luck. It doesn’t even take being in the right place at the right time, although that helps. Since us humans operate on narratives and just-world fallacies, it’s really easy for us to construct a post hoc story about why a certain billionaire succeeded. But it’s all luck.
(I remember that I read about this research in Scientific American, but I don’t have the link handy.)
Here’s that Scientific American article. I keep it in my bookmarks because it’s one of the articles that easily disproves countless bullshit theories. Also an article my dumbass drumpf loving father refuses to read.
They are. They just lack morals and empathy. They’re incapable of feeling shame for exploiting other humans.
They were also all extremely lucky at least once.
I think that’s the key. We attribute to them special qualities because we like to think in terms of cause and effect. But they all seem to have just been there at the right time with the right people and the right thing.
They show us there is nothing special about them every time they try to do something new and miserably fail. Think the money Meta spent on VR, or the way Musk alienated users and advertisers on Twitter.
We are basically beholden to lottery winners.
Birth Lottery Sociopaths
2000s indie rock band, or dotcom billionaire?
Crypto bros are just upset that Trump has brought his toxic brand to their grift.
How the tech oligarchy chose to side with Felon Drink Bleach in the first place is unacceptable.
We will not forget.
They see the way the wind is blowing, nothing more.
