Lol, these guys.
MAGA, they're treating you like idiots again. Will you let them?
Haha, these dumb shits.
Will slavery be coming back too? After all, it was legal to own slaves in America in the 1700s as well.
Although many feel uncomfortable with this seeming paradox, if you go far enough left (progressive) you are not that distant from the far right (alt, Paleo, Trumpers). Bessent is one example.
Elements of his life that are commonly associated with those left of center before Trump, and then shifted thereafter:
- He majored in political science, not economics or business
- He is openly gay.
- He was a protege of George Soros, and made a mint of the Pound sterling crisis, and later betting against the Japanese Yen
- After he left Soros, he established a hedge fund (hedge fund managers in general have always been major democratic party supporters).
- His first hedge fund opened in 2000 and closed in 2005.
- He started a new hedge fund in 2015, with Soro's help.
- His new fund started with 5 billion in asset management, but he lost clients and shrank to 600 million by 2023. He has since severed ties.
- In 2000, Bessent hosted a big fundraiser for
Al Gore at his home in
East Hampton, New York.
- He has also donated to Obama, and to Hillary Clinton in their campaigns. At the time he was thought of as a liberal Democrat.
- After Trump wone In 2016 he shifted and donated 1 million to Trump's inauguration.
- In 2023 and 2024 he donated more than one million to Trumps campaign
- In 2024 he held a fund raiser for Trump and raised almost 7 million.
- In the same year he hosted a second fundraiser for Trump, raking in 50 million.
To Trump he proposed a three-point economic plan for Trump modeled on
Abenomics (lower deficit, monetary easing, and fiscal stimulus). Unlike Trump and Vance, he supports a strong dollar. He supports a sovereign wealth fund and supports government sponsored enterprises. (Although not the same ones as Obama's administration).
He supported the One Big Beautiful Bill.
And, by the way, Abenomics was a program tried in Japan to address deflation, stagnation, and huge government debt - a program that didn't transform Japan's economy as hoped.