Donald Trump: Classic or Dud?

otm, it turned out Trump as president is exactly the same as Trump in every other setting. Surprising if your metric is, “How do presidents behave,” but not if it’s “How does Donald Trump behave?”

(Xposts)

this one. i promise not to keep spamming with daily show clips. they've just been good recently. that jon stewart tucker carlson russia thing made me laugh so hard! he hasn't made me laugh in....man, since obama? or bush. who knows. this clip is right on to me though.

https://www.youtube.com/watch?v=fYp2j2dKsjA

Like I said on Thursday, if Trump didn't exist Haley would be our most nutjob conservative presidential nominee in history.

The only truthful thing Trump has ever said is when he admitted after the '16 election that he didn't think he'd win.

If Trump didn't exist it's hard to say what positions Haley would be taking on anything, since she's mostly an opportunist. In this case the opportunism takes the form of "splitting the difference between Trump and normal pre-2016 Republican candidates," but in different circumstances she could be tacking in any number of directions.

I base my conclusions on how she ruled as governor during the Obama years and she was pretty fascist already.

Her idea of "An alternative to Trump" is to run as she did in the mid '00s and it was already dismal, way to the right of Romney and McCain.

She was terrible for sure. (I like this history of her support of the Confederate flag, both before and after she ordered it taken down: https://kevinmlevin.substack.com/p/nikki-haleys-revisionist-history)

I just mean that Trump has distorted everything in the Republican Party so much that it's hard to imagine what they would be like without him. Still terrible! But maybe also still hewing closer to the longstanding practice of keeping the racist/fascist/nationalist base energized enough to vote but preferably at arm's length.

Her Dixie flag decisions looked like, if I remember (someone can correct me), a mix of disgust and cynicism. Her public statements seemed to capture a genuine sense of outrage, i.e. why do so many people in my state espouse Confederate values, when she was also ignorant if not stupid about what her party had espoused since 1964.

Her basic line was, "It's appalling that white supremacists have hijacked the noble Confederate flag," which ... yeah.

They are back live in Fulton County right now questioning Nathan Wade's lawyer about his knowledge of the relationship, he isn't giving the defense much whatsoever.

The attorney for the defense is so bad, just utterly flailing around trying to get Wade's attorney to provide any useful information.

If they were doing a better job they would be making a better case that they are not wasting everyone's time. Even the judge seems bored and ready to move on.

they are wasting so much time trying to make a point that wouldn't show much even if they were able to nail it down

And this witness ain't giving them nothing.

Roffle:

Left: motion from the Trump folks today arguing "well even if he did cook the books, it could've been to spare himself embarrassment with the Mrs rather than save his campaign. Right: story from @swin24.bsky.social and I over a year ago predicting this

seemed like the witness didn't want to perjure himself, funny how this always seems to happen in Trumpland

hes got a meme stock now, too perfect

What’s gotten far less attention, though, is this: A frenetic rally in a stock tied to Trump Media & Technology Group — which operates the Truth Social platform he posts on daily — has minted a nearly $4 billion windfall for him.

There are any number of caveats to this figure, including how it’s only a paper profit for now that he’ll have to wait months to monetize, and yet the stock’s surge is a potentially huge financial boost for a billionaire candidate suddenly short on cash.

The type of transaction — known as a de-SPAC or blank-check deal — that would hand Trump this new-found wealth is a complex one that briefly became popular on Wall Street during the stock mania unleashed by pandemic-era stimulus. In this particular deal, Truth Social’s owner would enter the stock market by merging with a publicly traded company called Digital World Acquisition Corp.

https://archive.ph/m3RVH#selection-1627.0-1645.31

*wriggle*

Sigh.

this is really the perfect trump event wriggling out of a jam in the stupidest most media poisoned way possible while screwing over his supporters by dumping the stock that theyve pumped out of loyalty

idk if itll actually work but its an interesting story

i thought for sure that $400M would be too much for trump to ever be able to cover in a world stacked with evil billionaires!

wait i can see it now hes gonna do very public obvious securities fraud in an effort to keep the price up while he sells

This reminds me of the guy I work with who is always a disorganized mess, has made multiple very public colossal fuckups that have cost us money, yet every year he miraculously gets another massive promotion to everyone else's complete shock.

I'm going to go out on a limb and say that he will not make anywhere in the vicinity of $4B off this.

I don't know. I hear he's good at deals.

xp - I don't think he will either, but even if he pulls in 10% of the number he's covered for the two big court losses

yeah, the problem with the "Donald Trump is going bankrupt" narrative is that he has a pool of about 50 million fanatics who would all probably send him a few bucks

not really seeing news about this anywhere else, kinda skeptical that Trump has just minted 4 billion out of a tie to an unpopular social media site whose only source of revenue is advertising vitamins and gold bars

https://www.nytimes.com/2024/02/26/business/trump-media-digital-world-acquisition-cash.html

Mr. Trump will have an overwhelming majority stake in the postmerger company and own 79 million shares. Shares of Digital World have soared this year on expectations that the deal will be completed and that Mr. Trump will win the Republican nomination for president. The stock closed on Monday at $47.23 per share. At that price, the former president’s stake would be worth nearly $4 billion.

Ah! Well. Nevertheless.

It's down to $45.27 today, which means Trump is 160 million dollars poorer than on Monday. Loser!

regardless of if the scheme works what matters is the journey

Guys, you're missing some major points here, which that quote above underscores -- he needs the money now, and there's no guarantee it'll all be that valued down the pike when he can actually cash in, which is about six months from now.

and jimmy carter had to sell his peanut farm

I mean the latest Trump lawyer filing was them saying "Uhhhh we can give you a bond for $100 million?" That is not a sign of overwhelming confidence in their current situation!

Shares of Digital World have soared this year on expectations that the deal will be completed and that Mr. Trump will win the Republican nomination for president. The stock closed on Monday at $47.23 per share.

Trump will get the nomination. That's a cinch. This merger deal might even close before September and the final run up to the election. But DJT's going to lose and then he'll revert to being the same Florida Man he's been since January 2021. That's if he stays out of jail. So how does that scenario make Truth Social worth one cent more in 2025 than today?

I find that share price of $47 kinda suspicious, since Trump wants to make the number 47 part of his branding, like he did with 45.

https://www.zodiacsigns-horoscope.com/wp-content/uploads/2019/08/47_angel_number-758x426.jpg

Trump loses the most important part of his initial petition to the appellate division in New York.

“The interim stay is denied as to the enforcement of money judgment”https://t.co/5Gx1yAcEVt pic.twitter.com/fpSteed3Qd

— southpaw (@nycsouthpaw) February 28, 2024

Did I also see that he is trying to get away with posting just $100 million of that $400 million plus judgment?

they should allow this, in exchange prosecutors get to light a new property of his on fire each week

only if we can start with Mar-A-Lago

the saudis can cover his debts, no problem

eight fucking years and I can't think of a single significant consequence this guy has had for anything he's done, I am really trying to stay positive here but I am so so tired of it

half afraid of him dying and then finding out he made a deal to come back on weekends or some shit

single significant consequence

Clogged arteries?

how does this work, would Digital World shareholders be very happy about a merger that instantly puts a half a billion hole in their finances. Not really asking - just muttering to myself.

I doubt he can liquidate all of that stock at once.