this post was submitted on 13 Feb 2025
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KEY POINTS

  • Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.
  • Trump has sent mixed messages on military spending throughout his 2024 campaign and in the early days of his presidency.
top 50 comments
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[–] MuskyMelon 1 points 2 days ago

Oh if anyone is going to be successful in Kennedy-ing a President, it would be the military-industrial complex.

Keep cutting spending Donald, you're doing a great job!

[–] withabeard 182 points 6 days ago (6 children)

Who's to bet a load of shares get bought up, then suddenly this announcement is rescinded?

[–] [email protected] 51 points 6 days ago (4 children)

Playing the market based on the insanity dripping out of this guy daily, not a bad plan. If only there was some actual rhyme and reason to what he does.

[–] [email protected] 17 points 5 days ago (2 children)

The market manipulation is the rhyme and reason.

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[–] [email protected] 20 points 6 days ago (6 children)

Everybody was panic buying ! Those stocks were fast as lightning!

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[–] flop_leash_973 42 points 5 days ago (4 children)

I don't like it when I agree with the general notion of something Trump says or does. Makes me feel dirty.

[–] MothmanDelorian 16 points 5 days ago

Wait until you see how i gets halved. Im willing to bet they axe the VA, any scholastic programs, ROTC et al as most policies are about destroying America.

[–] Stern 20 points 5 days ago (1 children)

Broken clocks. If its any consolation he could be, variously-

  1. Floating random shit. Common Trump talk.
  2. Actually wanting to weaken the U.S. militarily, to the benefit of his leash holders.
  3. Fishing for bribes.
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[–] Fedizen 14 points 5 days ago

Thats the magic of trump though, when he's vague about things he can sometimes spin them as something agreeable. My guess is he'll keep the regime change bullshit and nix stuff like burn pit procedures, ukraine support, and veterans benefits

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[–] [email protected] 27 points 5 days ago (2 children)

If he actually halves Pentagon Spending, that would be..... the first good deed he's ever done.

[–] answersplease77 4 points 4 days ago* (last edited 4 days ago) (1 children)

He never will. He sent a message for weapon manufacturer CEOs to chip in, and off course they will gladlyl buy him just like how silicon techies did

[–] [email protected] 5 points 4 days ago

Exactly, this is just fishing for a bribe, just like the tariffs. Bribe Trump enough and your program or industry will get a loop hole or passed over for 6 months or whatever.

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[–] [email protected] 67 points 5 days ago (4 children)

Whelp, he's toast. The last Prez to threaten that got domed while visiting Texas.

[–] randon31415 37 points 5 days ago (1 children)

Bush threatened that. Then 9/11 happened.

[–] Lexam 20 points 5 days ago

Literally was listening to NPR on the way to work that day and Rumsfield was on talking about making cuts to the military.

[–] RubberElectrons 23 points 5 days ago

Here's hoping 🤞

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[–] [email protected] 80 points 6 days ago (24 children)

He wants to annex Canada with half the war machine funding?

He is literally a fucking moron.

[–] [email protected] 27 points 5 days ago (2 children)

No, he wants to annex Canada, Greenland, Gaza, and Panama.

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[–] [email protected] 29 points 6 days ago (1 children)

Seems like the strategy is for us Canadians to feel so sorry enough with the state of affairs over there, that we'd join the states out of sympathy. Nice try.

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[–] [email protected] 79 points 6 days ago (1 children)

Yes please cut defense spending in half.

[–] [email protected] 33 points 6 days ago (3 children)
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[–] Norgoroth 17 points 4 days ago

Please keep fucking with the defense contractors, surely they won't take any drastic measures against you

[–] [email protected] 57 points 5 days ago* (last edited 5 days ago) (1 children)

Wow, they tanked *checks notes* 1.6% and 3.6%. Woooow

[–] [email protected] 18 points 5 days ago

They probably shorted them first

[–] cultsuperstar 18 points 5 days ago* (last edited 5 days ago)

It doesn't need to be halved. They just need to figure out where a large portion of the money goes, since they can't seem to account for it.

[–] [email protected] 44 points 5 days ago (1 children)

I'm guessing this is all just a ploy to make Lockheed, Northrup, and Raytheon kiss the ring.

Next week, all the classified work will be contracted to them for a steal of only thrice the price, but only once they've publicly kissed his ass enough.

[–] [email protected] 13 points 5 days ago

Lockheed, Northrup and Raytheon would learn Farsi in a blink if it gave them a better bottom line

[–] slumlordthanatos 34 points 5 days ago

If he actually tried to follow through, there would actually probably be a military coup.

In America.

[–] [email protected] 36 points 5 days ago (13 children)

Would be a good thing if it would actually happen but we all know it won't. Happy to be proven wrong however

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[–] [email protected] 14 points 4 days ago (1 children)

I had the “wait, a good thing?” reaction too.

But thinking about potential underlying motivations, it makes complete sense that the compromised traitor holding the reins would want to weaken the military at the same time as destroying the government.

Or maybe it isn’t to help other dictators, and he just wants the opportunity to weed out more people who are loyal to the constitution.

[–] [email protected] 13 points 4 days ago* (last edited 4 days ago)

This may signal he is getting pushback from the military which is a very good thing. If he is serious about Canada and Greenland he will need a strong military. It makes no sense to start cutting the budget now.

Refusing unlawful orders is always cool and moral.

[–] Dasus 38 points 5 days ago

Putler told Trump to disarm the US lol.

[–] AnUnusualRelic 22 points 5 days ago (1 children)

Well, couldn't the M1 Abrams be replaced with cheaper Tesla cybertrucks?

[–] SkyezOpen 15 points 5 days ago (1 children)

"Sir, half of our swastitanks have burned to the ground."

"Who attacked them?"

"Attacked?"

[–] AnUnusualRelic 8 points 5 days ago

It just rained sir.

[–] [email protected] 19 points 5 days ago

nooooo!! my lockheed shares!!!

[–] IndustryStandard 14 points 5 days ago
[–] [email protected] 21 points 6 days ago

Are you kidding .... who the hell believes anything this idiot says any more. If any one does, then you are just as dumb or dumber than this orange cheeseball.

He is the master of deception, lies and misdirection .... he'll say one thing, everyone panics and runs around scared or angry and while they panic, he goes behind everyone to pull off some cheesy lame ass scam that would have been easy to stop otherwise but he gets away with it because everyone is preoccupied.

The stocks will jump up and down at his every whim and because he is the one directing the show, he'll profit by betting on when the fall occurs and when the rise returns. He'll skim off everyone's wealth over and over again until we're all bled dry.

[–] [email protected] 7 points 4 days ago

In case y'all forgot Trump's last term, his general pattern is to constantly announce insane plans and only follow through on a fraction of them. Cutting the pentagon's budget in half is one of the distractions. Some General will dandy himself up in his class A and jingle some blueprints for a useless wunderwaffe and the defense budget will go up.

[–] [email protected] 12 points 5 days ago (4 children)

They're going to 25 him if he goes close to do it.

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[–] [email protected] 4 points 4 days ago (1 children)

Why would defence have a "stock"

[–] TehWorld 8 points 4 days ago (2 children)

Defense contractors are mostly publicly traded companies. Raytheon, Lockheed, Boeing etc.

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