A Tariff Grift?

A Tariff Grift?From my FB. I didn't know tariffs refund rights could be purchased. But these guys had inside information apparently."Howard Lutnick - Trump's Commerce Secretary - personally designed the tariff policy. He fought to keep tariffs as brutal as possible. He cheerfully told the American public to "rest assured, tariffs are not going away."
Meanwhile, his sons Brandon and Kyle - now running his old firm Cantor Fitzgerald - were quietly buying up tariff refund rights from struggling companies for 20 to 30 cents on the dollar. They told clients they had capacity to do "several hundred million" of these trades.
Dad builds the policy. Sons bet Dad's policy gets struck down. What a coincidence.
Fast forward: The Supreme Court rules the tariffs illegal. The refund portal goes live. $166 billion in refunds start flowing. And those claims the boys bought for pennies? Now worth 100 cents on the dollar. A 300% return. Hundreds of millions in profit. Paid out by you, the taxpayer.
Oh, and when Howard left Cantor Fitzgerald for his government job? He transferred his equity to a trust benefiting his sons - tax free under government ethics rules - and collected a cool $360 million on the way out the door.
So let's be clear about what happened here: The billionaire class isn't just playing the game. They're writing the rules, rigging the outcome, collecting the winnings, and sending you the bill. This isn't capitalism. This isn't public service. This is a smash-and-grab - and they're not even trying to hide it anymore.
Senators Warren, Wyden, and Rep. Jamie Raskin have all opened investigations. Cantor Fitzgerald denies ever executing any trades."
My opinion and I'm sticking to it.