WTF? German MSM Spiegel, storm comms. I get goosebumps.
(media.greatawakening.win)
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Link for reference: https://archive.is/R54F5
My translation:
A million dollar windfall for Trump but a bad deal for his fans
if he can't get the 450 million quick, he has two trump cards in his hand; his truth platform and the blind following of his supporters
HERE IS THE TRANSLATION:
There was feverish excitement in the Trump universe last weekend. Almost every hour, the campaign sent an alarm to its followers via SMS and in capital letters:
"From Trump: GET YOUR DIRTY HANDS OFF TRUMP TOWER!"
Or also: "MY MESSAGE TO LETITIA JAMES: KEEP YOUR HANDS OFF TRUMP TOWER!"
The hysterical warning to the New York prosecutor is not entirely unfounded: In order to collect the deposit due for the $454 million fine, James did not target the Trump Tower in Manhattan, but rather other properties from the real estate entrepreneur's empire: for example Trump's Seven Springs estate in New York state and one of his golf courses in the same district. James has submitted the verdict from the fraud trial there , which gives him a deadline of this Monday to make the million-dollar payment or at least a guarantee.
If he doesn't pay, she can begin seizing the properties in Westchester. Or she could simply seize Trump's bank accounts.
more on the subject
$454 million is due: Eric Trump allegedly complains about excessive bail against his father
Eric Trump complains about excessive bail against his father
The ex-president's lawyers are still trying to stop James, but their client is once again proving to be of little help. While the lawyers argue that the real estate mogul cannot afford the security deposit, he publicly brags about his supposed wealth. "Thanks to hard work, talent and luck," he currently has cash of almost $500 million, Trump , who apparently doesn't like being branded as a bankrupt candidate, claimed last Friday on his social media platform Truth Social. At the same time, he made it clear that he had other uses for the money than paying the fine imposed by the judge. Trump said he planned to invest a “substantial amount” of his assets in his presidential candidacy.
Holes in the war chest
So far, the candidate has left the financing of his campaign solely to donors, and things aren't looking too rosy . While competitor Joe Biden had $155 million in his war chest at the end of February, Trump didn't even have half that amount. His legal costs alone have cost $53 million since the beginning of last year . But whenever it seems as if nothing is working anymore, a little light comes from somewhere for Trump.
This week, his platform Truth Social is making its stock market debut , and its followers have pushed its share price so high that the sale of its shares would net him around $3 billion. Trump's estimated wealth would double in one fell swoop. All money worries would be a thing of the past. more on the subject
Trump's processes in the election campaign: Trickster-in-Chief By Roland Nelles and Marc Pitzke, Washington and New York
Trickser-in-Chief
However, he still has to solve one problem first: In order for him to be able to sell his shares, the company's board of directors would have to lift the contractually agreed holding period of six months. Such a decision would be very unusual, but not impossible in this specific case.
The company's seven-member management board is primarily made up of Trump vassals, including son Donald Trump Jr. and former cabinet members such as then-trade representative Robert Lighthizer. Instead of a full or partial sale, the committee could also allow Trump to borrow against his share package. However, it remains to be seen whether this will happen quickly enough to stop James' seizure.
One thing is already clear: Truth Social's IPO is a feat that only Trump can achieve. A company with rather dubious future prospects debuts as a stock market star.
Three years ago, Trump launched his own social network with great fanfare after being kicked out of Twitter (now X ). He promised that the Trump Media & Technology Group would scare Silicon Valley companies like Facebook . But Truth Social has remained a niche product. Trump doesn't even have seven million followers on his own platform, while he has 87 million followers on X, i.e. more than twelve times as many account holders. And while the boss posts hate messages, his Florida-based company is burning money. In the third quarter of last year alone there was a loss of $26 million. Meanwhile, the protagonists of the conservative channel are engaged in a small war over the distribution of the cake. Co-founders Andy Litinsky and Wes Moss, who both once appeared on Trump's TV reality show "The Apprentice," have filed a lawsuit. Among other things, they accuse Trump of pressuring Litinsky to give up shares to Trump's wife Melania . The ex-president also fell out with his former friend Patrick Orlando. There was also trouble with the Securities and Exchange Commission (SEC).
Fans are hungry for Trump shares
However, the businessman Trump can profit from one pound: the loyalty of his voters. They let their loyalty come at a cost, even on the stock market. Later this week, Trump Media will be merged with the Digital World Acquisition Corporation (DWAC), which was founded for this purpose. DWAC is a so-called SPAC, i.e. a company that initially goes public as an empty shell and only later takes over a real company. By then, the shell will be traded on the stock market like a normal value. Anyone who buys the shares is speculating on the market success of the takeover object.
DWAC shares were trading at just under $37 apiece at the end of last week, an impressive price for an empty shell. After the merger, Donald Trump holds more than 60 percent of the shares in the company, which will in future be traded on the Nasdaq under the symbol DJT, his initials. The total value of his 79 million shares is $3 billion. However, this fortune only exists on paper for the time being. more on the subject
Fines: How tight is Donald Trump? A brief analysis by Cornelius Dieckmann, Washington, DC
How stupid is Donald Trump?
If Trump sells off his shares in the short term, it could send DJT shares into a tailspin. Institutional investors have little interest in the paper anyway. The professionals consider the five billion dollar valuation of the newcomer company, which generated revenues of just five million dollars in its first three years, to be absurd.
But hundreds of thousands of small investors did not let this deter them. Trump has become a meme stock - a cult stock for which key figures such as sales or profits play no role. "People aren't buying it because they like the fundamentals," Kristi Marvin from the research firm SPACInsider told the news portal Politico : "They're buying it because they like Trump."
The comments of his Truth followers confirm this thesis. »I just bought more, for reasons! “Let’s make Trump a trillionaire,” the Wall Street Journal quoted one of the fans as saying. A rate of $45.47 would be "a great way to say 'patriots rule,'" says another, alluding to the 45th President of the United States, who is fighting for re-election as the 47th head of state.
But meme stocks are a dangerous place, as many investors have painfully experienced with GameStop or other hip stocks. And Trump in particular hasn't made many people rich in his career, apart from himself. He has already used the stock symbol DJT once, for his long-defunct casino company. From a high of $35, the shares of Hotels & Casino Resorts Inc. ultimately fell to a pitiful 17 cents. In 2004 DJT declared bankruptcy. Many who believed in this suffered losses. Trump moved on to the next target.
Thanks for the translation, but it's just casual Trump smearing. What's more important to me: why did they choose this exact image?
Like looking at a car accident on Freeway , they don't want to believe it could happen to them but they can help themselves and have to understand what it means.
The memes are toooo dank
There’s still a Deep State branch there that used Merkel as a puppet until she reached Biden level dementia.