No. of Recommendations: 8
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.
