Grifter Trump is Hawking His Stock and Crypto that Have Lost Gullible Rubes Billions of Dollars

Does the magnitude and shamelessness of Donald Trump’s corruption really surprise anyone anymore? Who could have guessed that the convicted felon responsible for bankrupting four casinos, stealing from his own charity, operating a phony university, and shuttering numerous hoaxes hawking everything from steaks, to air travel, to vodka, to magazines, to board games, would now be running money-losing hustles whose sole mission appears to be raking in cash for himself?

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Donald Trump, Stock Market

The audacity with which Trump executes his scams is extraordinary. Most con men are generally conscious of the lawless risks they are taking and strive to disguise the nefarious nature of their scams. But not Trump. In recent days he has transformed the White House into a Tesla showroom to bolster the flagging business of his co-president and oligarch bro, Elon Musk.

Trump also dispatched his Commerce Secretary, Howard Lutnick, to Fox News to pump up Tesla’s “unbelievably cheap” stock. Lutnick, who like Trump and much of his Cabinet is a billionaire, also assured Fox News that his mother-in-law wouldn’t mind if her Social Security check didn’t arrive, and anyone who did mind was a “fraudster.” You know, like all those fraudsters who rely on Social Security to pay for rent, groceries, medicine, doctor’s visits, child care, and so many more critical financial obligations.

SEE THIS: PHEW! Trump’s Billionaire Commerce Secretary is Cool If His Mom’s Social Security Doesn’t Come

What’s more, Trump is now trying to turn the White House itself into vehicle for bribes. He’s soliciting corporate sponsors for this year’s annual Easter Egg Hunt. Which is, of course, illegal.

In addition to all of the above, Trump just posted on Truth Social a couple of comments whose sole purpose is to enrich himself. Just two minutes apart, Trump bragged that…

“I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!”

[And…]

“TRUTH (Social) is on ‘FIRE’ (in a positive way, of course!). It is my Voice, and the Real Voice of America. Sign up TODAY, I have never let you down!”

This is what Trump is fixated on this morning.[Note: It aint grocery prices or national security or anything that the American people care about. It's just himself]

News Corpse (@newscorpse.bsky.social) 2025-03-23T19:56:45.109Z

For the record, Trump’s crypto coin is down a whopping 84% from it’s launch a couple of days before his inauguration just two months ago. And Trump Media and Technology Group (DJT), the parent company of Truth Social, is down 50% from his inauguration, 68% year-over-year, and 88% from its all-time high. Suffice to say that those who were gullible enough to invest in those ventures lost billions of dollars.

Trump’s media company has been a disaster from the start. Here is a brief summation of its abysmal history…

Truth Social, Trump’s Pathetic Personal Propaganda Platform, Continues to Bleed Cash
In what may be the least surprising news of the year so far, Donald Trump’s flagship social media enterprise, Trump Media and Technology Group (TMTG) – the parent holding company of his failing Twitter ripoff, Truth Social – released its annual report on Friday that revealed just how big a failure it is.

Trump Wants to Run America Like his Businesses – Trump Media and Crypto – That are Crashing
Some analysts predicted that Trump’s businesses would enjoy a surge in value after his reelection. That has not been the case. Trump Media has declined 25% just since his inauguration. What’s more, Trump introduced a crypto coin just days before his inauguration. That has crashed 75% since then.”

Trump’s Truth Social is Shedding Users Like a Miserable Childless Woman’s Mangy Cat
The Donald Trump-controlled Truth Social platform recorded its third straight month of declining traffic. Truth Social attracted 2,112,000 unique visitors, down 38% compared to June 2023 when the site generated 3,407,000 unique visitors. It was the platform’s second worst traffic performance since June 2022 when Truth Social had only 1,891,000 unique visitors.

Trump Crime Syndicate: Investors Arrested for Insider Trading in Failing Truth Social Scam
Trump’s associates in his truthless, anti-social media venture were arrested and charged with insider trading. Reports indicate that “the three individuals together made more than $22 million in illegal profits.”

Truth Social Disease: Ads on Trump’s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch
Advertisers are afraid of their ads being juxtaposed with hate speech and other noxious content. Consequently, the only advertisers who are willing to shell out are sketchy scammers, conspiracy theorists, and junk peddlers.

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