this post was submitted on 18 Jan 2025
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This is just pathetic. Watching everyone bend over backward for this guy is so hard to watch.
They're permanently bent over backward to their shareholders' need for ever increasing profits. The Trump dance is just a special case of that. If tomorrow Trump needs some new detention centers built to put some people in, our banks will lend money for construction, if there's no regulation against it. Democracy is not good for business, if most of business is owned by a limited few. It only increases costs.
At the end of the day it was all pandering in the first place.
If it isn't a legal obligation then all these mega companies environmental, social and even fact checking activities was essentially just a line item under the marketing budget.
Seems all these banks don't want to be weighed down by anything that could hurt their incoming profits when Trump opens the floodgates (of no regulation) to pillage anything of value from the public sector and likely from the public themselves.