Search Results for Donald Trump

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Donald Trump, Meme Stock

Donald Trump, Meme StockAfter the stock-market frenzy that ensued when Trump Media & Technology Group started trading on Tuesday (under the ticker symbol DJT), one thing is almost certainly true: Donald Trump is now the chairman of the most overvalued company on Nasdaq.  Trump Media had a grand total of $3.4 million in revenue in the first nine months of 2023, against more than $10 million in operating losses. Its only product is Truth Social, Trump’s right-wing Twitter clone, which has a tiny user base, few advertisers, and no real prospect of challenging the dominant players in the social-media space. And yet, as of market close on Tuesday, Trump Media was valued at almost $8 billion, making it worth more on paper than The New York Times.Trump Media is, in other words, a meme stock. Like GameStop and AMC before it, it trades not on fundamentals, but on emotion. Exploiting that…


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Donald Trump’s Nine Lives

Donald Trump’s Nine LivesDonald Trump loves the musical Cats, and like the titular creatures, the former president seems to have nine lives. Today, in the face of yet another near-death financial experience, Trump got his latest reprieve. An appeals-court panel in New York State reduced the bond he must post in a civil fraud case from more than $464 million to just $175 million.Given that the past few months have seen Trump repeatedly use legal procedures to his advantage, drawing out the cases against him in the hope of eventually escaping them, this decision may look like yet another infuriating case of Trump extracting injustice from the justice system. But in fact it is not such an instance, and the reduction is actually quite appropriate.Recall the timeline. In mid-February, Justice Arthur Engoron ruled that Trump must pay more than $350 million, plus interest, after he, his sons, and the Trump…


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Trump Calls RFK Jr. ‘Great for MAGA’ and a ‘Better Man’ Than Biden: ‘If I Were a Democrat,...

Trump Calls RFK Jr. ‘Great for MAGA’ and a ‘Better Man’ Than Biden: ‘If I Were a Democrat,…Presumptive Republican presidential nominee Donald Trump called independent candidate Robert F. Kennedy Jr. “great for MAGA” in a video message urging Democrats to support Kennedy over President Joe Biden in November’s general election on Thursday. “RFK Jr. is, as you know, the most radical left candidate in the race. He’s more so than the Green Party, he’s more so than even Crooked Joe Biden. But he’s got some nice things about him, I happen to like him. Unfortunately, he is about the Green New Scam because he believes in that and a lot of people don’t. They want to see our country become rich and wealthy and strong and powerful, and lots of other things, and not waste money doing something that nobody wants and everybody knows doesn’t work. I guess that would…


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Trump and MAGA World Reportedly Livid With MTG for Threatening to Take Out Speaker Johnson: ‘Unwan...

Trump and MAGA World Reportedly Livid With MTG for Threatening to Take Out Speaker Johnson: ‘Unwan…(AP Photo/Seth Wenig, File) Former President Donald Trump and his group of advisers have reportedly grown impatient with Rep. Marjorie Taylor Greene (R-GA) for threatening to oust Speaker Mike Johnson (R-LA). Following the passage of the $1.2 trillion spending bill last month, Greene brought forward a motion to vacate the speaker but did not set an exact time period for when the vote would occur. The Georgia lawmaker has recently attacked Johnson after he indicated he would bring a vote for aid to Ukraine to the House floor. The insiders at Mar-a-Lago and the Republican nominee himself have now reportedly grown frustrated with Greene’s threats to throw out Johnson, believing it would send the House GOP into chaos, according to a report from Politico’s Playbook. Those in Trump’s orbit believe another high-profile battle over the…


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Playmate’s inclusion as potential witness in Trump trial may hint at prosecution strategy

Playmate’s inclusion as potential witness in Trump trial may hint at prosecution strategyThe inclusion of Playboy Playmate Karen McDougal as well as former National Enquirer executive David Pecker on a list of potential witnesses in Donald Trump’s New York criminal trial suggests part of the prosecution strategy being considered by District Attorney Alvin Bragg. Alex Wagner explains.  ….. Read More.MSNBC – The Latest | U.S. and World NewsThu, April 11, 202410 hours ago


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Cornel West on Whether His Candidacy Will Help Elect Trump: ‘We’ll Have to See’

Cornel West on Whether His Candidacy Will Help Elect Trump: ‘We’ll Have to See’Independent presidential candidate Cornel West appeared on Thursday’s CNN NewsNight, where he was asked the question on many Democrats’ minds: Will he cost President Joe Biden reelection in November? West is one of several third-party wild cards in the race, along with independent candidate Robert F. Kennedy Jr. and Green Party nominee Jill Stein. According to one recent survey, West is polling at 5% while Kennedy enjoys 14% support. Meanwhile, Stein receives 2%. Given Biden’s tight winning margins in a handful of states that put him over the top in 2020, those margins could tip the balance. CNN’s Abby Phillip asked West about his potential role as spoiler in the election. “There’s a conservative activist, Scott Presler, who says he’s trying to get you on the North Carolina ballot,” she said. “Would you accept his help?” “No,…


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