Donald Trump - MAGAtwat news and discussion

[Kaka Tim]

guardian article - looks like they arent fucking around.

New York attorney general could soon move to seize Trump’s property

so - is this going to happen then? whatever trump has said about its finances its nailed on to be bullshit - so maybe more shit will unravel.

 

[wemakeyousoundb]

Or ‘lost’ after it.

I think "Donald Jr, the loser" inserted in the middle would smart the most

 

[Humberto]

Is he still battering out angry tweets in capital letters?

 

[Humberto]

Snowflake Tower

 

[Yuwipi Woman]

Jared Kushner got $2 billion from the Saudis. You'd think his son-in-law would be able to give Donald a little bit of help. I'm sure he's good for it.

 

[Humberto]

Unless there's a bigger dollar in throwing the old man to the dogs and lording it over him.

 

[krtek a houby]

Good news, Melania Trump is back. Kinda.

Melania Trump makes rare appearance on 2024 campaign trail

Asked if she would campaign with her husband, she said, "stay tuned."

abcnews.go.com

 

[Zapp Brannigan]

Good news, Melania Trump is back. Kinda.

Melania Trump makes rare appearance on 2024 campaign trail

Asked if she would campaign with her husband, she said, "stay tuned."

abcnews.go.com

I don't think it was Melania. Looked more like the Marchioness of Cholmondley to me.

 

[moochedit]

I don't think it was Melania. Looked more like the Marchioness of Cholmondley to me.

Has anyone checked the meta data

 

[Zapp Brannigan]

Has anyone checked the meta data

Location tag said a farm shop near Windsor

 

[splonkydoo]

Covfefe Tower

 

[moochedit]

Some bad news. He could make 3 billion if truth social floats

(Although on plus side he couldn't get the money straight away)

Fingers crossed they vote against

Donald Trump to make $3.4bn if shareholders back plan to float Trump Media

Ex-US president planning to list Trump Media & Technology Group if merger with special purpose acquisition company goes ahead

www.theguardian.com

 

[cupid_stunt]

Some bad news. He could make 3 billion if truth social floats

(Although on plus side he couldn't get the money straight away)

Fingers crossed they vote against

Donald Trump to make $3.4bn if shareholders back plan to float Trump Media

Ex-US president planning to list Trump Media & Technology Group if merger with special purpose acquisition company goes ahead

www.theguardian.com

That seems like a very high price, it's estimated to have around 650k monthly users, so £3bn = over $4,600 per user.

Musk paid $44bn for over 500m users on twitter, just $88 per user, which many thought was far too high.

 

[Yossarian]

Not sure if it will do Trump's blood pressure any good to spend the next six months having an asset that could solve his massive financial problems, but he can't sell it and its value would evaporate if he tried to sell it

 

[moochedit]

That seems like a very high price, it's estimated to have around 650k monthly users, so £3bn = over $4,600 per user.

Musk paid $44bn for over 500m users on twitter, just $88 per user, which many thought was far too high.

Yep probably overvalued and will crash later.

 

[cupid_stunt]

Yep probably overvalued and will crash later.

No need for the word 'probably' there.

 

[Bahnhof Strasse]

That seems like a very high price, it's estimated to have around 650k monthly users, so £3bn = over $4,600 per user.

Musk paid $44bn for over 500m users on twitter, just $88 per user, which many thought was far too high.

Puts twitter in to the trillions.

If Trump becomes president again Truth may have a value as the mouthpiece for his bullshit, as Twitter was first time round, if he doesn't it'll just quietly die.

 

[Nylock]

It's a shame he won't quietly die. Or die loudly and spectacularly. Tbf, I'm not fussy.

 

[krtek a houby]

It's a shame he won't quietly die. Or die loudly and spectacularly. Tbf, I'm not fussy.

Sometimes feels like he'll fuse with his golden throne and live for another 3 thousand years

 

[two sheds]

Judge wants details on any Trump Organization attempts to secure a bond in its civil fraud case

Judge Arthur Engoron said he wants the company to inform the court-appointed monitor in advance of "any efforts" to get a bond.

www.nbcnews.com

It's unclear why Engoron waited until now to ask for the additional information, but the language in his order suggests he wants to make sure the company, which he found had engaged in "persistent" fraud by overinflating assets, does not make any misrepresentations to bond companies.

Other aspects of Engoron's order appeared designed to make sure Trump and his co-defendants, including top Trump Organization executives Donald Trump Jr. and Eric Trump, do not try to hide or move assets.

Trump must surely owe shitloads of tax, too, not having published his tax returns and all.

Eta: And another reason for doing this?

“Is there any effort on the part of your team to secure this money through another country, Saudi Arabia or Russia, as Joy Behar seems to think?” asked Fox News’s Martha MacCallum, referring to a recent episode of The View in which Behar speculated that such a move—that is, having a president bought and sold by potentially hostile foreign powers—could be a cataclysmic national security threat.
But none of that fazed Habba, who completely sidestepped answering the question and failed the very basic test of answering “no.”

Alina Habba Accidentally Admits Donald Trump Could Be Totally Bought

Donald Trump is in massive debt, and his attorney admitted he’s open to other strategies to pay it off.

newrepublic.com

 

[Nylock]

Sometimes feels like he'll fuse with his golden throne and live for another 3 thousand years

Let's hope the golden throne he fuses to is one of his tacky shitters. Let's also hope that it's somehow instrumental in the manner of his passing.

 

[petee]

But there’s a lifeline for Trump that could change everything. In fact, it’s far more than a lifeline; all of Trump’s personal financial problems may soon vanish, and he may become a real billionaire many times over, at least on paper, in one of the biggest grifts ever.

The con he is about to pull involves his floundering social media platform Truth Social, whose shares go public next week. The “SPAC” (short for “special purpose acquisition company”), which Trump is using to circumvent the normal IPO process, moments ago voted to merge with Trump Media & Technology Group. And it will begin publicly trading under the symbol “DJT.”

The current trading price is around $43 a share, and Trump owns something like 79 million shares of it. At that share price, Trump’s holdings in the company are worth $3.4 billion.

The Publicly-Traded Presidential Candidate

Trump is about to pull off the biggest grift of his life, and the media is failing to report on the danger.

statuskuo.substack.com

 

[chandlerp]

He had to hold those shares for 6 months before he can sell, also he's their only asset from a posting point of view, he goes to jail its all gone.

 

[Monkeygrinder's Organ]

But there’s a lifeline for Trump that could change everything. In fact, it’s far more than a lifeline; all of Trump’s personal financial problems may soon vanish, and he may become a real billionaire many times over, at least on paper, in one of the biggest grifts ever.

The con he is about to pull involves his floundering social media platform Truth Social, whose shares go public next week. The “SPAC” (short for “special purpose acquisition company”), which Trump is using to circumvent the normal IPO process, moments ago voted to merge with Trump Media & Technology Group. And it will begin publicly trading under the symbol “DJT.”

The current trading price is around $43 a share, and Trump owns something like 79 million shares of it. At that share price, Trump’s holdings in the company are worth $3.4 billion.

The Publicly-Traded Presidential Candidate

Trump is about to pull off the biggest grift of his life, and the media is failing to report on the danger.

statuskuo.substack.com

I really don't understand this tbh. I kind of get how he can inflate the nominal value but not how that translates into over 3 billion in actual money. Where does that supposedly come from?

 

[WouldBe]

Judge wants details on any Trump Organization attempts to secure a bond in its civil fraud case

Judge Arthur Engoron said he wants the company to inform the court-appointed monitor in advance of "any efforts" to get a bond.

www.nbcnews.com

Great so he wants to raise the money for the bond for committing fraud by committing fraud.

 

[moochedit]

I really don't understand this tbh. I kind of get how he can inflate the nominal value but not how that translates into over 3 billion in actual money. Where does that supposedly come from?

From idiots* that buy the shares at that price. It's simalar to bitcoin. A bubble that will burst.

*trump cult members

 

[Yossarian]

I really don't understand this tbh. I kind of get how he can inflate the nominal value but not how that translates into over 3 billion in actual money. Where does that supposedly come from?

I don't think he'd ever be able to convert it into anything like $3 billion in actual money by selling the shares, their price would probably nosedive if he started selling huge amounts of stock. His best bet might be to find some sucker who'd be willing to spend billions to buy all the shares in a money-losing social media business, and I'm not sure if even Elon Musk is dumb enough to do that again

 

[Monkeygrinder's Organ]

From idiots* that buy the shares at that price. It's simalar to bitcoin. A bubble that will burst.

*trump cult members

Well yeah that's my take on it. As far as I can see it's like persuading some mug to buy a magic bean for a hundred quid and going 'therefore the contents of my bean warehouse are worth a billion'. It's being reported kind of seriously though, am I missing something?

 

[moochedit]

Well yeah that's my take on it. As far as I can see it's like persuading some mug to buy a magic bean for a hundred quid and going 'therefore the contents of my bean warehouse are worth a billion'. It's being reported kind of seriously though, am I missing something?

Nope you've got it

 

[cupid_stunt]

I don't think he'd ever be able to convert it into anything like $3 billion in actual money by selling the shares, their price would probably nosedive if he started selling huge amounts of stock. His best bet might be to find some sucker who'd be willing to spend billions to buy all the shares in a money-losing social media business, and I'm not sure if even Elon Musk is dumb enough to do that again

I am sure Musk will not go for it, he tried to pull out of the deal to buy twitter, because the price he had agreed was inflated, this is off the scale in comparison.

That seems like a very high price, it's estimated to have around 650k monthly users, so £3bn = over $4,600 per user.

Musk paid $44bn for over 500m users on twitter, just $88 per user, which many thought was far too high.