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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: commonone ✹✹ HONORARY
SHREWD
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Number: of 86279 
Subject: Re: Trump’s Net Worth Climbed 4 Billion
Date: 03/26/24 11:42 AM
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LurkerMom: After a jump in its stock price, Trump's net worth jumped by an astonishing $4 billion...

There's a sucker born every minute.

For those of us not deep in the Trump Cult, this is fairly clear evidence of blatant corruption... a bought politician. And there's nothing more dangerous to democracy than a president who can be bought and sold.

And you guys screamed that the Bidens (well, not Joe... you never had any evidence, despite months of searching, that Joe took even a nickel) got a $10 million windfall (editor's note: they didn't).

Trump Media is now valued at more than $6.5 billion — even though its flagship Truth Social digital platform took in just $3.3 million in revenue during the first nine months of 2023.

A normal start-up with under $5 million in annual revenue wouldn't make it beyond the Series B phase and an aggressive valuation (15-20X earnings) would value DJT between $50 and $100 million.

In short, this is simply another con like Trump water, Trump steaks, Trump University, or Trump sneakers.

But at least with the sneakers (if you ever actually get them), you may end up with something you can wear for a few weeks before they fall apart. With DJT, the entire enterprise lives and dies on the whims of one man exhibiting clear signs of dementia.

Good luck with that.
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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
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Fascism in America · 27 recs · 2025
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