Is Trump Doing A Hail Mary For Truth Social? 46 Posts In 1 Hour, What’s Up?

I don’t think Donald Trump’s fat tiny thumbs can type fast enough to do all this posting, so he must be coordinating it with his aides. This is sheer nuttiness. The morning is young, at least in the west, and something got hold of Trump in the past hour. He’s done 46 posts and still counting. Many of them are all-caps, what else? He’s lashing out at all his enemies in a marathon of malice, a riot of rancor. The obvious question is, what’s gotten into him? And one possibility is that Truth Social is ready to give up the ghost so he’s got to make one last, desperate attempt to call the MAGA eyeballs to him.

We’re not going to go through all of his dozens of posts, only the highlights. Then we’re going to look at why Truth Social has filed a hopeless lawsuit against the Guardian, Newsweek, Daily Beast and other outlets. No bloggers were named because we don’t do actual reporting here, (except on rare occasions when I’ve literally been in the street and reported on something, like a Trump rally) we cite to credible sources. But the day may come when even that lands you in hot water. You may recall how Florida had a state senate bill in committee, which would require bloggers to be treated as lobbyists. Anyhow, I digress. Let’s go to Trump’s digital volcano on the day before Thanksgiving.

And these two reek of paranoia.

ALL-CAPS!! FREAKOUT TIME!!! THE SKY IS FALLING!! ARRGGGHHHHH!!

Jesus, he wears me out just reading a few lines. Poise and composure are attributes one expects in a president and this 8-year-old has never developed either. He kicks and screams the minute he doesn’t get exactly what he wants.

The rest of his diatribe is how he’s leading in the polls (why trash Kim Reynolds, then? Who needs Iowa when the rest of the country is sewn up, right?) and letters of endorsement, etc.

Now the bigger question here is WHY Trump is doing this? He did a marathon posting yesterday, as you may recall, and maybe he’s just going to keep doing this. What’s that about? I think it’s a last ditch effort to save Truth Social.

Truth Social recently filed a lawsuit.

“This case is about an unprecedented and seemingly coordinated media campaign by no less than 20 major media outlets,” it said.

According to the court filings, each outlet cited SEC filings “in which the mystery $73 million loss appears nowhere.”

According to SEC filings released on November 13, Truth Social reported a net loss of almost $23 million in the first six months of the year, compared to a profit of almost $29 million during that same period of 2022, as Business Insider previously reported.

We wrote a piece here on the $73 million loss. And in fact, maybe the loss is not $73 million. I suppose a trier of fact could delve into that and rebut that figure. But to do so is to miss the point. The very simple and inescapable fact is that Truth Social needs to find a lot of funding soon or it will not be able to complete its merger and it will be out of business.

If the “logic” of this lawsuit is “we could find lotsa lotsa investor money except you meanies in the media reported we lost money we didn’t” that’s going to fail on its face. The overall structure of Truth Social has never been sound. It was a shell game from the very beginning, financially. It sold a dream as opposed to an actual business plan.

Numbers wise, it never took off. Right now TS boasts about two million dedicated users and that’s nothing in social media terms. On this website we get 700,000 to 1.9 million users — and I’m sure Devin Nunes expects a lot bigger paycheck for running the show over there than I do for running this blog. Dear God, it just occurred to me: Devin Nunes and I have the same job. OMG. I may have to lie down with an icepack, right after I stop laughing.

In any event, we’ll see where this lawsuit goes. Some outlets have already decided to bail and some not.

The Daily Mail, Reuters, Axios, Salon, New York Daily News, Newsweek, MSNBC, Mediaite Daily, and CNBC have all updated or corrected their reports at the time of publication.

The Guardian, Rolling Stone, The Hill, Deadline Hollywood, Benzinga, and the Daily Beast, however, have not issued corrections or updates at the time of publication. They did not immediately respond to requests for comments.

Maybe they’ve decided to stand their ground. Again, with Trump, when any lawsuit is filed, look at the motivation behind it. Trump seldom, if ever, has a legitimate reason to sue anybody, he just likes to shake people up and get an out of court settlement. I doubt that he will in this instance. The outlets who have not stood down are outlets who do solid reporting. Frankly, I’m surprised Reuters and Axios stood down, but maybe they figured it simply wasn’t worth the trouble to waste time and money on, since it’s basically a foregone conclusion Truth Social will be out of business soon anyway.

Barring a miracle, meaning somebody with a lot of money, say an Elon Musk, riding to the rescue, Truth Social will fold. And it won’t be because of an inaccuracy in reporting of one figure, it will be because the outlet has been a joke from the very beginning.

Stay tuned.