Truth Social continues its downward plunge as predicted. The only thing anybody is wondering now is when is it going to crash and burn? Originally it was thought that by the end of September Truth Social would be out of business. It could happen. Or, due to the election and the terrible optics of Truth Social crashing at that time it could stagger on post election. Nobody knows. All that is certain is that this has been a really bad week and hundreds of thousands of MAGAs have lost a lot of money.
Thing is, this company lost 331 million dollars and earned about 300k in the last 3 quarters. There's zero growth. And they just flooded the market with millions more shares in a naked corporate grab.
— Where's Waldo Emerson? (@Richard89220241) June 20, 2024
Yes, MAGAs love Trump. But one thing is certain in life, poverty comes in the door and love flies out the window. The obvious call for MAGAs to make is that this is yet another part of the cosmic plot against Donald Trump and Joe Biden is ultimately behind it. And in truth, if they are that stupid, they deserve to be parted from their money.
Another thought to consider is that you constantly see MAGAs display wealth, whether it’s flying like Deadheads to all of Trump’s rallies, or it’s outfitting the yuge truck to be a MAGA advertisement and I even saw a Bentley that was decked out that way. So maybe the monied MAGAs are investing in Truth Social and they have it to burn. I seriously have no idea.
But in the event that it’s Ma and Pa MAGA, living modest lives in modest dwellings, could this blow up in Trump’s face? I would have to think so. If you put your hopes on somebody who is supposedly a billionaire, a genius of finance, a tower of financial acumen and learning and you end up losing your shirt, how can you not resent the person?
Therefore, I think the timing of the Truth Social cash out is what is crucial here. If it happens before the election, Trump might be able to include it in his overall call to arms for money, he needs all the MAGA money to defeat the Deep State.
But if it happens after he loses the election, then it’s going to be deadly and could sink Trump’s ship irreparably. It’s liable to fully get through to people after another lost election that maybe Trump really isn’t who and what he says he is. And if this revelation is coupled with a personal financial loss, then that’s liable to underscore the fact that MAGA has been had.
Or, maybe they’ll never realize it. Maybe with the loss of much needed money, even, they’ll just merrily continue to believe in their omniscient hero. We don’t know. The best psychologists and sociologists in this country don’t know because nobody has seen anything like this before. All anybody can do is speculate.
But one thing we do know: eventually scoundrels get routed. The Roy Cohns of the world, the Joseph McCarthys of the world, they finally go too far and then they’re ostracized. I think it’s very likely that what we are seeing today is the final run of Donald Trump before he crashes and burns.
Still not sure how Von Shitzinpants will manage to abscond with millions or billions when that shit-show keeps losing money, the stock keeps tanking, and is most likely on its way to being de-listed. I don’t care how many shares Von Shitzi has, a whole bunch of shares of nothing is still nothing. And if the shit-show’s stock is de-listed, Shitzinpants cannot do ANYTHING with his shares.
it’s always about those silly little stories about king Midas and the emperor with no clothes. it never gets old.
Castles made of sand wash into the sea…eventually.
Jimi Hendrix
Why do I keep seeing lawn signs that say Trump is the Law and Order candidate. How can this be, are people deef?