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Didnât even need to watch the clip. 
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The irony of the kerfuffle over the GoFundMe account for Trump is that all that money is going to E. Jean Carroll or the state of New York, unless itâs just a scam and the page creators are going to trouser the money.
Itâs not going to save Trump. Itâs only going to further empty the retirement savings of his cult followers, which is money that would otherwise be sent to his campaign and go to pay his lawyers.
Itâs Schroedingerâs Money.
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Itâs going to save him from having to spend his own money. Which is the goal.
He owes over over half a billion and counting. Even the greatest GoFundMe haul in history isnât going to save him.
He doesnât have anything close to that in equity. Heâs already breaching liquidity requirements in his loan covenants because he lied to achieve the required amounts. Sooner or later - possibly when his first felony conviction comes back - the banks will give up the ghost and be in a race to pick whateverâs left off the Trump Orgâs carcass.
It will happen very fast - as soon as the first bank blinks.
Arenât you discounting all of his close buddies. Canât one of Vladâs oligarchs, some Saudi Prince or unknown Chinese person come in and give him 400 million? Likely heralded as a heroic gesture by DW and OKB.
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Listen, the Biden a time Familyâs reach is more vast than you possibly fathom. They are inevitable than Thanos.
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What is Truth Social valued at, now that itâs going public? Iâve read Trumpâs share is over $4 billion. Of course, he claims itâs worth $1 trillion, but itâs still a lot.
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Maybe he can get some money from the Ukraine like the old demented sock puppet or some of this California trans money?
Seriously though, this will all go away when it is appealed and he doesnât have a crooked liberal judge as judge and jury. These crooks may even owe Trump some money when it is all over with.
If they did, Trump would be in jail a little while later for not having paid taxes on a $500 million gift.
I heard this on the news. Thought it was joke. Itâs not a public company is it? If it wasnât a joke and the company isnât public, I assume the valuation is the result of some monstrous boast by the MAGA crowd, like Trumpâs weight or his golf handicap.
Did the old demented sock puppet pay taxes on his Ukraine money he got when he was âthe big guy?â
Itâs not a joke, as far as I can tell.
SEC clears Trumpâs social media deal worth as much as $10 billion | Reuters
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Thanks. That article was red flag after red flag. Sounds like a public vehicle thatâs used solely as a way to transfer money to Trump.
Operational losses, 4M in revenue and a 10B valuation, half of Xâs valuation?
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This is insane. It just goes to prove how corrupt out laws are if this simple bribery scam is completely legal.
Thatâs exactly what it is. But itâs a windfall of revenue for Trump. The people who will get screwed are the ones who buy the stock.
I agree that itâs outrageous, but why is it bribery? Whoâs getting bribed?
In the end, it will go to the public markets, and investors will pay what they think itâs worth. They may be wildly wrong, but you canât stop somebody from flushing their money down a toilet. No different from pets.com or any of a thousand other dotcom disasters. The fact that Trump will benefit for doing nothing other than putting his name on the endeavor is stomach-turning, but thatâs life.
Itâs no different to entities and foreign governments booking multiple rooms at a Trump property and paying full rack rate, then not using them. Itâs overpaying for something on purpose solely to put money in Trumpâs pocket.
The market for the public company will be what it is. But Trump gets to take the vastly overpriced value of the initial offering to the bank. The underwriters of the public offering will take the hit, which is how the scheme works.
Thatâs an issue if he is President. Itâs not if heâs not. Smart move by Trump to cash out now.