Trump is now a stock.
this post was submitted on 26 Mar 2024
602 points (98.2% liked)
News
23284 readers
3483 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
Follow the money. I guarantee this is Russian financing being done at a remove.
Russian financing how? They can't access banks, I doubt they're wasting precious foreign currency on this.
Just because they're not allowed to access banks doesn't mean they can't.
Lots of people, organizations, and even governments do all sorts of crimes even though they're really not supposed to. Conceptually speaking, money laundering is a fairly simple crime to do and, like so many crimes, it becomes easier to get away with the more powerful you are.
load more comments
(14 replies)
load more comments
(4 replies)
load more comments
(2 replies)
GameStop part II?
I cannot comprehend how a company can lose 45 million dollars in 9 months by running what is essentially a glorified Mastodon instance.
Nothing about Truth Social makes any sense.
Originally it was just a modified Mastodon instance with federation removed. They hired Alex Gleason who maintains a fork of Pleroma called "Soapbox" to make significant changes to the front and back ends of the site.
Gleason also runs a handful of federated Soapbox instances, all of which are dedicated to far-right "free speech" content, mostly Nazism (Poast) and Trans-hate (Spinster). He also helps admin many other instances dedicated to hate speech.
Gleason has indicated that Truth Social and Poast run on basically the same codebase.
Quite disturbing to see the microblogging equivalent of The Daily Stormer with a multibillion dollar market cap on the stock market...
load more comments
(2 replies)
load more comments
(1 replies)
"defies logic" no it doesn't it is a wall street con job per usual for those fucking ghouls lol.
I don't think "con job" is the whole story here. There's always money to be made when morons gather together and soulless hedge fund managers don't care about the side effects. What better place could there be to sell advertising space for testosterone supplements and nuclear fallout shelters?
Not to mention all the free advertising for it from both social and mainstream media.
There's always money to be made when morons gather together
Hence Trump selling ugly sneakers and "presidentially endorsed" bibles...
load more comments
(3 replies)
Con job is the name for what you described. It is short hand for confidence game and literally means "A confidence game, also known as a con, scam, grift, or flim flam, is an attempt to win the trust and confidence of a victim, known as the "mark," in order to defraud them."
Those soulless hedge fund managers and conning the investors and Trumpers to make money.
load more comments
(1 replies)
Exactly! What's not to understand here?
Gotta play stupid so the nobody taxpayers don’t see through the veil again.
load more comments
(1 replies)
Attempting tiny 💎 🙌 it seems. 🚀
At this point Trump is going for like an EGOT combination of federal agencies putting cases together against him. "Don't have the SEC yet, gotta add that one."
load more comments
(1 replies)