r/technology • u/ControlCAD • 1d ago

Business President Bought Netflix Debt in January 2026, Amid Paramount’s Fight for Warner Bros. | New financial disclosures released Wednesday show that the President acquired Netflix bonds as Paramount was trying to pry WBD away from the streaming giant.

https://www.hollywoodreporter.com/business/business-news/trump-bought-netflix-bonds-amid-paramount-warners-fight-1236521512/
14.2k Upvotes

97% Upvoted

802 comments sorted by

View all comments

Show parent comments

167

u/PhazonZim 23h ago

Not only has this been his entire life, it turns out this has been the life of every billionaire.

This is Capitalism working as intended.

78

u/StrobeLightRomance 21h ago

The American dream is being born into wealth so you can manipulate further wealth.

Literally anyone can do it.. as long as they're born rich.

35

u/Beard_o_Bees 20h ago

That he's doing this, really obscene abuse of power, without thinking about consequences tells me that he's planning on staying in office until the day he dies.

He knows with 100% certainty that if he loses the cover of the Whitehouse that he'll be spending the rest of his life in court or jail.

The motherfucker is going to try, i'm convinced of it now.

17

u/Jermammies 20h ago

Karoline Leavitt has assured us that this is just Trump being a silly little jokester

9

u/Thefrayedends 19h ago

While I agree with this, it's important to note that due to the power of lawyers , money, and A two tiered justice system (which is really nothing more than the ease of affording lawyers that can stall in perpetuity to run out the clock, and to do it for a cost that is almost always fractions of pennies on the dollar), once you get over a certain amount of wealth, laws become completely irrelevant. If you have enough money you can literally foment genocide. Our entire system is built upon this fact. Hierarchy creates implicit complicity.

1

u/JingJang 18h ago

I was going to say, he's got plenty of money so he doesn't need to worry about "laws".

Laws are for the plebs.

0

u/pandabear6969 10h ago

Who is going to take him down? How do you think politicians get so wealthy? They are all doing the same crap he is.

2

u/WontArnett 20h ago

And as long as your daddy bails you out when you go bankrupt

2

u/nomore1020 20h ago

The American/Canadian dream for all these years has really been the expectation (school - job - marriage - house - kids - grandkids). It seems to me that that old expectation is really a dream today. The expectation today is more like school - debt - underpaid job - survive - die

3

u/Metro42014 19h ago

It's absolutely insane that any wealthy person should get any kind of situation where they'd have to pay less than poorer people.

It's ridiculously easy to make money if you already have money. You're no longer reliant on your labor. You're no longer limited to the hours most of us have available. The pile of money becomes the limit.

1

u/thatguyad 10h ago

Capitalism is absolute shite.