• toiletobserver
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    2413 days ago

    Profiteering is the wrong word.

    Instead, crony capitalism, abuse of power, or something else is more appropriate

    • Cyberwolf
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      713 days ago

      Instead, crony capitalism, abuse of power, or something else is more appropriate

      So, standard capitalism stuff?

      • toiletobserver
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        112 days ago

        Kind of, except the person doing it is the sitting president. Call it an aggravating factor.

      • toiletobserver
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        1913 days ago

        Using their position of political power to advertise a business which directly benefits them. It is plainly not part of the duties of the office. Same reason good presidents put their financial affairs in a blind trust for the duration of of their term.

      • @rmuk@feddit.uk
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        1013 days ago

        For giggles, I’d like you to explain how the President of the United States launching his old overpriced phone on his own overpriced network with every possible element named, adorned and even priced after himself could be considered anything other than abusing their power?

        • @untakenusername@sh.itjust.works
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          -112 days ago

          he’s just selling something that his followers will buy. no one else really cares to.

          your logic could be even more effectively applied to him selling merchandise about him and that isn’t an overreach of power in any way

          • nickwitha_k (he/him)
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            212 days ago

            Leveraging his office for profit? Yes. By definition it absolutely is

            He’s already been violating the emoluments clause of the Constitution.