Jordan Belfort praises Elon Musk as a hero on Fox & Friends

In a recent segment on Fox & Friends, financial criminal Jordan Belfort expressed admiration for Elon Musk, declaring him a hero while promising to purchase a Tesla later that day. The appearance took place amidst discussions of President Donald Trump's economic policies, a topic Belfort frequently endorses. Despite being a convicted securities fraudster, he shared insights on the impact of tariffs, arguing that Trump's approach would benefit the long-term economic health of the United States. Belfort's discussion with the hosts focused on the tensions surrounding the stock market as it appeared to enter a correction, claiming that fears were primarily being propagated by CNBC. He argued that the majority of Americans would not feel significant pain from the trade war currently unfolding, attributing potential cost increases to overseas companies that would over time need to adjust their prices. Moreover, he asserted that longstanding trade imbalances have led to a situation where the U.S. has often been taken advantage of over the years, justifying Trump's tariff strategies as necessary for restoring balance. As the interview continued, Belfort applauded Trump for reducing government spending and eliminating waste and fraud. He dismissed criticism of the president, portraying it as an expression of 'Trump derangement syndrome,' suggesting that regardless of Trump's actions, he would face condemnation. The discussion was marred by comments about the tariffs, as Ainsley Earhardt, one of the co-hosts, questioned whether the situation was merely political posturing. In a notable twist, Belfort's announcement of his intention to buy a Tesla resonated with the show's atmosphere which had been earlier turned into an infomercial by Trump to promote electric vehicles. Trump’s previous efforts to support Tesla sales, coupled with his comments regarding the evils of vandalizing the vehicles, painted a picture of a more entwined relationship between the billionaire entrepreneur and politics. This context illustrates the complexities of corporate influence on political narratives and how figures like Belfort serve to reinforce such relationships while attempting to rehabilitate their own public standings.