Ronald Reagan, whom I don't usually quote, said this about our fallen servicemen in 1985:
“…Most of them were boys when they died, and they gave up two lives — the one they were living and the one they would have lived. When they died, they gave up their chance to be husbands and fathers and grandfathers. They gave up their chance to be revered old men. They gave up everything for our country, for us. And all we can do is remember.”
Yes, the company went public. No, it is not a financial success—or even a lifeboat.
Debuting on the charts w/a “DJT” ticker, #TrumpMedia saw a 55% surge in valuation right after markets opened.
Huge influx of cash, right? w/Trump holding ~79M shares, equating to 58% of available stock, the #SPAC debut balloons his #NetWorth by nearly $5B; there were ~136M shares outstanding post-merger.
All these lackeys running the show means a lot of (feigned) confidence from folks in charge. + the most eager #shareholders aren’t in this for high returns, but to support their king…in their own words…in the #DWAC “groups” on #TruthSocial: “I’m holding & plan on being part of the greatest #SocialNetwork there is & support fmr & future President #Trump” (the anthem of the aforementioned retail-level #suckers.) This all means that $DJT is basically…the #political equivalent of a #MemeStock.
“Today, Trump began to hawk Bibles for $59.99, plus shipping and handling, with a video message saying ‘Religion and Christianity are the biggest things missing from this country, and I truly believe we need to bring them back…. That’s why our country’s going haywire—we’ve lost religion in our country.’”
"What a rich vein this is, if only we had the time and space to dwell on it! There’s the insane civil-religious chutzpah of literally putting the Constitution, the Declaration of Independence, the Pledge of Allegiance, and the lyrics to 'God Bless the USA' in the Bible. There’s the delicious fact that the company selling this Bible bills it as 'inspired by Lee Greenwood’s hit song.'”
"There’s the totally phoned-in Trump video sales pitch. There’s the fact that a non-negligible number of Americans find a sales pitch like that (and seriously, go watch it) spiritually meaningful. But we don’t have the time or the space, so we’ll just say: If you want one, you can buy it here!"