Many countries do this to bring in wealthy investors. In those countries there are requirements to invest in local economy, not sure about this one.
The wealthy use these to travel every couple of month, allowing them to skip residency taxes by never being anywhere long enough.
However a US one is just dumb, because US tax laws are one of the only ones that will tax you, as a resident, when you are not in the US. So the types of people who typically buy these won’t go near it.
Doesn’t this need an act of Congress to enact?
Half the shit he’s done has required congressional authority.
Congress is full of fascist shit lickers and is fully complicit in all of these violations to the constitution. They could have impeached him weeks ago for setting up DOGE or enacting tariffs without congressional approval, instead they sit back and act like they can do nothing.
He’ll be a scammer till the day he dies.
like father like son, and his grandfather.
Idk why dems don’t discredit this as “Desperately importing wealthy foreign elites”.
It doesn’t work.
The right would celebrate that it was ‘triggering teh libs’.
You can’t beat someone who is only playing to get a rise out of you.
Sure you can. When Trump breaks them and makes them poor, they’ll have to stop trolling and get serious. A ton of them are starting to wise up and pressure their congressional representatives to do something.
Nope.
You vastly underestimate their hate.
When they’re broken, he’ll let them loose on the browns who get all the blame.
Exactly the same as happened during the first great depression.
Sure but they’ll stop trying to be silly and get more serious (albeit hateful).
As Chris Rock said, if a homeless guy has a funny sign, he hasn’t been homeless for long.
The analogy is apt, we are the guy with a job walking by in a suit, they are coming down from meth, desperate for their next fix, and they’re pulling out their knife.
Last time they went on a redneck rampage we lost 600k good Americans.
This is another grift to add to his portfolio of products. For example Trump Steak, Trump Phone, Trump University, Trump Coin, Trump shoes and so on. He never puts his name or face on something unless he knows he has a way to make a ton of money off it by screwing someone over and get away with it. He also doesn’t have to borrow money from banks anymore because the United States assumes the risk.
Remember that billionaires never spend their own money. Trump always drops a chaff grenade for the media when he is getting ready to do something really stupid using the public’s money. This is one of those moments. So the question is not, “Who is going to buy this?” the question is “What is he about to grift next using tax dollars?”
“sale of 1,000 Gold Cards this week, raising $5 billion in a single day.”
Good for you, even if the number is true (it is not) and these keep selling (they won’t), we just need a year and a half to make back the 2.5 trillion stock market lost overnight; and 6 whole years to make back 11 trillion lost since he took the office.
BTW, I cannot it has only been less than 3 month. Feels like years have passed.
At this point, you’d have to be badly mentally challenged if you’re willing to pay to live in U.S
If they are really rich, the US is an amazing place to live and 5m is nothing to them. If one has to save up for that card, it’s a shitty deal.
Who keeps the $5m per wealthy immigrant? If it’s Trump himself, isn’t that very very illegal?
The guy sold beans from the oval office, he’s selling tesslers and golden shoes. This isn’t even close to the weirdest thing he did.
I’d imagine the government but Trump will take credit for it and use it to justify spending more of its money at his resorts
“Who is the first buyer?” one of the reporters asked.
“Me,” Trump quipped.
“The second?” the reporter pushed on.
“I don’t know, but I’m the first buyer. It’ll be out in … less than two weeks. Pretty exciting, right?” the president asked.
First of all, why would he be the first buyer of an express residency card when he’s already a citizen? Fucking moron.
Second, “it’s happening in two weeks” is Trumpspeak for “it’s literally never going to happen.”
Yep, this is a distraction from the stock market melt down.
As is his proclamation that April is Child Abuse Prevention Month, and then goes on to ONLY talk about trans kids.
Wonder how the big players in the troubled teen industry donated. I’m sure RFK Jr’s department will be quick to investigate and regulate teen torture facilities.
Don’t give him so much credit. Everything he does is credited as an intentional distraction from whatever it is that he just did.
Yeah, it’s pretty tiresome. “This is a distraction!!!” No, literally everything he does is a horrible mess and he just keeps doing more.
That would also mean that he had planned everything in detail to fit together. That’s beyond his capacities. The recession was obviously unplanned; he’s already struggling to keep the whole thing under control. The complexity of human society is overwhelming him.
Which market meltdown?
?Yep. There’s this strategy called “pump and dump.” It’s often used by the wealthy to inflate stock prices before cratering them to buy at discount.
Idiots like you see line go up for a while, and think:
- I’ll buy at a discount as it falls
Instead of noticing the “pump” part of the scheme, also visible in your image.
Unless you want to point to some economic windfall happening between 2022 and 24 that explains all that growth, it is very likely from downsizing, buybacks, and off market darkpool price manipulation. (Which now happens regularly these days with every blue chip stock around 5pm).
Historically, Tariffs lead to a recession in 1830 (15% Tariffs), a Depression in 1930 (20% Tariffs), and now with a 40% plus Tariffs on basically everything, we are likely to see the complete disembowlment of the US Dollar and all the market dominance we built with it.
You better get your completely misplaced premature celebration out now, because you are going to be eating crow the rest of this year, and far into the future. There’s no amount of bullshit Trump spin that will bring our markets back. We are unquestionably fucked.
I will gladly check back here in 8 months to provide an updated chart, seeing as you will certainly be too embarrassed to do so.
Idiots like you
Here I am posting a joke, and you gotta be an ass and not even understand what I posted. We’re literally saying the same thing.
That certainly wasn’t clear.
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Maybe not. But it’s a literal picture of the stock market melting down.
Either way, if it’s not clear, maybe people should err on the side of not being a dick to a stranger on the internet.
It’s a picture of the stock market melting down…
…from a time frame of 2021 and on.
Which implies the growth from that time until now is somewhat meaningful in comparison to the dip that specific time frame does its best to minimize.
Which to me, seems intentional. Kinda like you’re being a dick. Which is why I responded like one in turn.
If that was all an accident:
Then apologies for calling you an idiot and listing in detail all the ways I agree with you about the market melting.
Also true
Residual salesman brain.
Trump: I am awesome, I bought this thing, it is awesome, you will be awesome if you buy it too.
It bears no relationship to … making any kind of sense, because it is literally a hustle, a psychological manipulation tactic.
He is just saying salesman words, meant to encourage buy in.
Has no relation to reality, the truth, making sense, etc.
… But, it works on rubes, dullard marks, cult members, weak willed / low self esteem people with decent reliability.
These are just more Trump University or Trump Steaks to him.
Demented incompetent salesman brain, or what’s left of it.
When you’re a Russian asset, you sometimes forget to fake being a citizen.
He’s not faking being a citizen. He’s faking being self-aware. He barely has a clue wtf he’s talking about at any given time. That’s all.
So law and order is just bullshit now right? You buy a gold fucking stupid ass card with dear leader’s picture on it and you get to skip the line? Where is that money going by the way, to Trump or a public fund?
It’d be a helluva thing if some dumbasses were to actually buy these things, then have it rendered null and void if the adults get back in charge…and are not given a refund.
You buy a gold fucking stupid ass card with dear leader’s picture on it and you get to skip the line?
There have been similar (non-literal) golden visas offered all over the world, mainly by poorer EU countries or the various third-tier states that make most of their foreign exchange through money-laundering.
Why would the president of the United States even need to or care about buying his own residency card?
In case he accidentally revokes it, because he’s a senile fucking moron.
To sell it later because he thinks it’ll be a collector’s item. His only thoughts are ever about making money.
He could wake up tomorrow in a Venezuelan prison form ‘accidently’ being deported, since he made it so that’s a thing now
Has anyone seen his birth certificate‽
“24h” was equivalent to “maybe during this term”, so 2 weeks could mean within the next 2 decades
Like infrastructure week!
Well, my first thought was that he did it to cover Melania 😂
Why not let Americans sell their citizenship for $5m instead.
Now that’s an idea! Hell, I’ll do it for 3 mil
How about 3 fiddy?
Best I can do is $7.50 USD and whatever meal you want from Taco Bell
That’s higher than federal minimum wage! You generous bastard 😄
The world is just waiting to pick up well educated americans because they keep electing clowns.
That’s some capitalism I can get behind! Free the citizenship market!
There should be fair competition in the market the government should not be the only one that can sell citizenships. Or at least we should be allowed to sell it back to the government for $5 million who can then sell to someone else.
I’d do it in seconds.
Yup, you can live like a king with that money in many other parts of the world.
Yes, he really is that out of touch.
Country for sale! Buy now!
And it’s a going out of business fire sale.
Held in a flaming dumpster
Hey, be fair! We’re not on fire at the moment.
Speak for yourself, flameless.
This is our actual present reality, people. Resist the urge to look away, it will still be there.
Holy fuck.
We’re so fucking cooked.
Is there his ass on the back side of the card?
no, it’s on the front
It has his face on it, so it already has an ass on it.
I think people with 5mil could probably get in a lot cheaper.
A EB-5 visa costs ~1 million dollars and has been available since the 1990s. So anyone who wanted one has had plenty of time to get one.
The new “gold card” intends to replace the existing program.
Increasing the cost from 1 to 5 million sounds like it would decrease the number of applicants, not increase them. I suspect part of this change will be loosening the requirements to justify the increased cost.
And 5 million today is only half a million in purchasing power two generations ago. And even less three generations ago.
So basically we are talking about middle class as it used to be defined. Problem in the USA is, very few people now have this money; so quite rightly it seems out of reach for many
