TRUTH Social

The Trump Media and Technology Group (Truth Social) Scam Reflects His Fondness for Fraud

Posted by on August 5, 2025 at 1:08 pm. 2 Comments :

When Donald Trump launched his Trump Media and Technology Group (TMTG), he was brimming with optimism about the future of his new venture. Four years later that optimism has utterly failed to be affirmed. The business that runs Trump’s Truth Social website and a handful of other insolvent enterprises has never turned a profit.

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In 2024, TMTG reported a net loss of $400.9 million despite only booking revenue of $3.6 million. They reported a net loss of $31.7 million in the first quarter of 2025. Most recently, in the second quarter of 2025, the company reported a net loss of $20 million on only $883,300 in net sales.

However, none of that prevented Trump from making preposterous claims about his financial misadventures. During an interview on CNBC, Trump complained that he has been treated “very badly” by banks that he alleged were discriminating against him. Of course that might be because of the 34 felony convictions he has for defrauding banks. Not to mention a civil lawsuit finding of liability that cost him about half a billion dollars.

FOR THE RECORD: Trump was found guilty on 34 felony counts of falsifying business records to defraud banks. Maybe that had something to do with his trouble getting U.S. banks to do business with him. So he went to the Russians.

— News Corpse (@newscorpse.bsky.social) 2025-08-05T16:07:51.546Z

Any reputable bank would be hard pressed to justify doing business with Trump who, in addition to the above, has filed at least four bankruptcies. As for TMTG, the week before his inauguration this year it was trading at about $43.00. Six months later it is under $17.00. A decline of more than 60%. During the same time period the S&P 500 rose more than 8%.

The only recent news for the company was its purchase of $2 billion worth of Bitcoin. Which is a major departure from its core media technology business to a sort of cryptocurrency treasury. TMTG had to raise funds from unnamed institutional investors to finance the purchase, which raises questions of conflicts of interest and and/or political bribery.

Meanwhile, Trump’s crypto meme coin, which he launched the day before his inauguration at $74.00, is now trading at about $9.00, a massive drop of 88%. Trump also signed legislation – the so-called GENIUS Act – that benefits his own investments in the crypto market. Nothing suspicious about that, is there?

Despite the economic debacles that Trump has presided over, he himself has managed to profit. He continues to be skillful at enriching himself while fleecing his flock of cult disciples. At the same time he is providing a path for interested parties to grease his palm for political favors. That includes adversarial foreign operatives who are buying influence, not investing.

The brief history of Trump’s involvement in the media, technology, and crypto businesses is rampant with failure and potential fraud. For instance…

Truth Social Parent Plans Desperate Share Buyback to Boost its Failing Stock and Enrich Trump
This is a tactic that is sometimes used to juice failing stocks. By reducing the shares available on the market, the remaining shares should be more valuable. That would mean an extraordinary leap in wealth for Trump who is the largest stakeholder

SRSLY? Trump Brags that His Pitifully Failing Meme Coin is a ‘Tracker’ of His Imaginary Success
Trump’s meme coin is hardly a game-changer. While it has generated a significant horde of untraceable cash for Trump, who paid nothing for his shares, it has been an abysmal loser for nearly everyone else who was foolish enough to invest in it.

Trump’s Truth Social is Creating ‘Non-Woke’ Investment Portfolios for MAGA Cult Investors/Dupes
The focus of the Trump investment portfolios rests on buzzwords plucked from his political rhetoric. And what could possibly have more income potential than “non-woke” enterprises that pursue the anti-democratic goals of the MAGA movement?

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’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.

Be sure to visit and follow News Corpse
on Twitter and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.

Trump Unloads Dozens of Deranged Comments in a Morning Rage that Confirms His Mental Infirmity

Posted by on July 30, 2025 at 2:35 pm. 4 Comments :

The perpetual state of rage that envelopes Donald Trump is documented in the stream of incoherence that he dispenses daily on his failing Twitter ripoff, Truth Social. It is an uninterrupted temper tantrum that manifests in an outpouring of insults, lies, and shameless self-exaltation.

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Donald Trump Angry

These days Trump is placing extra emphasis on his rants in order to deflect from news about his unsavory relationship with child sex trafficker Jeffrey Epstein. And on Wednesday morning he suffered a particularly acute episode of explosive diarhetoric as he pounded out 37 putrid posts in the early hours of his day, rather than engage in any of the work that one might expect of a president. That’s a typical schedule for Trump, who is generally more focused on what’s pissing him off, instead of what’s pertinent to the needs of the American people. He always puts himself and his massive yet fragile ego first.

SEE THIS: The King of Conspiracy Theories Whines that Democrats Don’t Talk Enough About How Awesome He Is

The onslaught of invective from Trump on this occasion began with a tired rehash of his hatred for Stephen Colbert. Trump complained that…

“Everybody is saying that I was solely responsible for the firing of Stephen Colbert from CBS, Late Night. That is not true! The reason he was fired was a pure lack of TALENT. […] Next up will be an even less talented Jimmy Kimmel, and then, a weak, and very insecure, Jimmy Fallon.”

Actually, it was Trump and his cronies who were giving him credit for the cancelation of Colbert’s show. And Trump is the last person who should be assessing the talent of others. For the record, Colbert’s show is number one in its time period. The cancelation, which isn’t effective until May of 2026, is due only to the cowardly compliance of the network’s corporate masters.

Next up was Trump’s visceral animosity toward a strong woman on Fox News who dared to criticize the blubbering snowflake Trump. He whined that…

“I can’t stand Jessica Tarlov of THE FIVE. A real loser!!! DJT”

That’s it. Trump didn’t bother to give any reason for this outburst. It might have had something to do with Tarlov having spoken out Tuesday on matters related to the inflationary Trump Tax (tariffs), or to Trump’s historically abysmal approval polling, or to her advocacy for assault rifle regulations in the wake of a mass shooting in Manhattan.

Trump simply can’t tolerate any criticism. But it’s monumentally worse if it comes from a woman. Trump has gone after Tarlov before, calling her a “failed TV personality” who Fox News should not allow on the air. Even on a program (“The five”) where she is outnumbered four-to-one. For the record, Tarlov has a doctorate in political science and government from the London School of Economics. So it’s no wonder that Trump is afraid of her.

The majority of Trump’s posts expressed his tyrannical demand that Republicans in the Senate rush to confirm his judicial nominees. He singled out Sen. Chuck Grassley for failing to overcome Democratic opposition via use of the “blue slip” that allows members of both parties to invoke a virtual veto of a nominee. But Trump resorted to his standard viciousness, saying “Democrats like Schumer, Warner, Kaine, Booker, Schiff, and others, SLEAZEBAGS ALL.” He called the process “unconstitutional” and a “hoax” (of course), and lied that it would prevent him from ever getting a nominee confirmed…

“…in California, New York, New Jersey, Illinois, Virginia, and other places, where there is, coincidentally, the highest level of crime and corruption.”

For the record, the highest levels of crime and corruption are almost entirely in red states.

Among Trump’s postings were several that were just rabidly partisan memes. They contained messages that reflected the hatred that he has for fellow Americans. But worse, he was exhibiting his most fascistic aspirations by calling for the persecution of his political foes. For instance…

This morning Trump posted these comments calling for the arrest and incarceration (and worse) of Democrats.This is more evidence of his authoritarian aspirations and aversion to hatred for democracy. #TrumpIsAFascist

— News Corpse (@newscorpse.bsky.social) 2025-07-30T17:21:37.228Z

All of this is more evidence of the sociopathic sickness that courses through Trump’s veins. He is a bitter, hostile, vengeful, malignant narcissist, who should never be entrusted with power. And the sooner he is removed from office the better off the nation – and the world – will be.

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Fox Nation vs. Reality:
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Truth Social Parent Plans Desperate Share Buyback to Boost its Failing Stock and Enrich Trump

Posted by on June 23, 2025 at 12:21 pm. 3 Comments :

America’s Grifter-in-Chief, Donald Trump, has tried an extensive number of financial scams intended to fatten his wallet at the expense of his gullible cult followers. They range from selling cheesy merch like sneakers, phones, bibles, and crypto, to committing fraud that resulted in 34 felony convictions.

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Trump Baby on Cash Pile

Among Trump’s most transparently dishonest ventures is his stake in the Trump Media and Technology Group (TMTG), which is the parent corporation of his Twitter ripoff, Truth Social. TMTG has been a disastrous investment that has lost billions of dollars for Trump’s faithful, while funneling untraceable cash – perhaps from conflicted businesses and foreign agents – into Trump’s personal accounts. And he has a whole network dedicated to that pursuit.

SEE THIS: THE TRUMP INDEX: While Trump Tanks the US Economy, What’s Going on With the Trump Cult Economy?

Unfortunately for those who trusted Dear Leader, the stock value of TMTG has cratered more than 50% since Trump’s inauguration. Which is to be expected from a company that has done nothing but lose money from the day it opened for business. So what does a sham enterprise like TMTG do under these dreadful circumstances? They just announced that they are planning a share buyback program. As reported by the Associated Press…

“President Donald Trump’s media company plans to buy back up to $400 million of its stock, which have lost 46% of their value this year. […] It will retire the shares after they are purchased, meaning these particular shares can’t be reissued.”

This is a tactic that is sometimes used to juice failing stocks. By reducing the shares available on the market, the remaining shares should be more valuable. That would mean an extraordinary leap in wealth for Trump who is the largest stakeholder in Trump Media, with about 114 million shares that he paid nothing for. However, since the announcement, TMTG’s shares have been flat, or even declined.

The tepid reaction to the buyback says something about the quality – or lack thereof – of that investment. But at least we know that they are trying to grease Trump’s palm, even if it isn’t working. Which is nothing new for TMTG. Here is a look back at it’s prior efforts to fleece Trump’s flock.

SRSLY? Trump Brags that His Pitifully Failing Meme Coin is a ‘Tracker’ of His Imaginary Success
Trump’s meme coin is hardly a game-changer. While it has generated a significant horde of untraceable cash for Trump, who paid nothing for his shares, it has been an abysmal loser for nearly everyone else who was foolish enough to invest in it.

Trump’s Truth Social is Creating ‘Non-Woke’ Investment Portfolios for MAGA Cult Investors/Dupes
The focus of the Trump investment portfolios rests on buzzwords plucked from his political rhetoric. And what could possibly have more income potential than “non-woke” enterprises that pursue the anti-democratic goals of the MAGA movement?

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’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.

Be sure to visit and follow News Corpse
on Twitter and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.

SRSLY? Trump Brags that His Pitifully Failing Meme Coin is a ‘Tracker’ of His Imaginary Success

Posted by on June 6, 2025 at 3:36 pm. 1 Comments :

The evidence that Donald Trump has been a flamingly malignant narcissist for most of his life is impossible for any honest observer to refute. It has been a constant component of his personality disorders since childhood, an emotional state that he still inhabits despite his 78 years.

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Trump Baby on Cash Pile

Throughout his life, no one has been more adulatory of Trump than Trump. He exalts himself at every opportunity as the smartest, handsomest, most beloved figure in history, whose successes have surpassed all others at, in his words, “a level never seen before.” He is functionally incapable of acknowledging even the slightest imperfection or mistake or diversion from virtual of divinity. Never mind that he is a fountain of fantastical foolishness that would justify his immediate institutionalization.

SEE THIS: WHO’S DERANGED? Trump on Biden Clones, Transgender Mice, Autopens, and His Own Mental Anguish

Trump provided another example of how worshipfully he regards himself in a comment that he posted to his failing Twitter ripoff, Truth Social, on Friday morning. The comment consisted of a link to an article published by the ultra-MAGA, unabashedly pro-Trump website, Newsmax, with the title “Trump Meme Coin Is ‘Tracker’ of President’s Success.” The article gushes that “Almost everyone is talking about the rise of crypto and meme coins, with special focus on the big game-changer: the Trump meme coin.”

Trump posted this on his Truthless Anti-Social website.So apparently, Trump's "success" is down 75% since his inauguration.

— News Corpse (@newscorpse.bsky.social) 2025-06-06T18:37:27.378Z

The only thing wrong with the article is, well, everything. Trump’s meme coin is hardly a game-changer. While it has generated a significant horde of untraceable cash for Trump, who paid nothing for his shares, it has been an abysmal loser for nearly everyone else who was foolish enough to invest in it. In a conspicuous display of corruption, the coin opened for trading the day before his inauguration and quickly rose to about $74.00. It just as quickly collapsed to about $40.00.

Since Trump’s inauguration day his coin has headed straight down, losing another 75% of its value to land at it’s current price of about $9.80. Which means that anyone who bought into it lost huge sums of money. Not to worry though. It is likely that most of the big investors where not looking for profits in the first place. They were just using the coin as a vehicle to funnel money to Trump for favors, otherwise known as bribery.

Given the fiscal failure of Trump’s meme coin, for him and Newsmax to celebrate it as being a “Tracker” of Trump’s success is laughably ludicrous. Unless, that is, their point is to promote it as tracking how awful he is doing. In which case it’s spot on. However, their characterization of it representing some sort of financial bonanza is misleading in the extreme. And it is possibly a fraudulent attempt to persuade other gullible rubes to sink more money into this digital deadweight.

NOTE: Newsmax itself is something of an investment disaster. It began trading this year, reaching a high of $233.00. Two months later, it is now trading at about $16.00.

Trump’s meme coin is another corrupt enterprise by the same con artist who brought you the Trump Media and Technology Group (TMTG), the parent corporation of Truth Social. That venture has also lost fortunes for most of those that Trump suckered into it. Just since inauguration day it has lost about 50%.

Are you seeing the pattern here? The guy who bankrupted four casinos, was found liable for operating a phony charity, was ordered to pay $25 million in restitution to defrauded students of his bogus university, and who peddles cheesy, Chinese manufactured merchandise ranging from sneakers to bibles, is selling fiscal snake oil that enriches him and impoverishes the dupes who fall for his deceitful pitch.

Trump’s cult followers would be wise to heed the inadvertent message in the Newsmax article to which Trump linked. His meme coin is indeed a tracker of his success. And it is tracking a downward path into the Grand Canyon of corrupt investments. Buyer beware.

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Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

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Trump’s Truth Social is Creating ‘Non-Woke’ Investment Portfolios for MAGA Cult Investors/Dupes

Posted by on April 17, 2025 at 12:46 pm. 1 Comments :

It just never stops. Donald Trump, the Grifter-in-Chief, has spent his life peddling scams to anyone who was gullible enough to fall for them. He may have begun with gaudy, overvalued condos, elitist golf club memberships, and now bankrupt casinos, but he quickly expanded into cheesy merchandise like digital trading cards and swatches from the suit that he wore for his mug shot photo.

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Donald Trump, Stock Market

Even after Trump’s occupation of the White House, he didn’t slow down his sleazy swindle ops that included pitching products so ludicrous that professional comedians couldn’t keep up with their comparatively mild swings at satire. Trump had the market cornered on comically corrupt commodities. And speaking of commodities, Trump has been dealing in those as well…

SEE THIS: THE TRUMP INDEX: While Trump Tanks the US Economy, What’s Going on With the Trump Cult Economy?

Now the Trump Media and Technology Group (TMTG), the parent company of his failing Twitter ripoff, Truth Social, is officially entering the financial services business. In an announcement on Thursday, TMTG revealed that…

“Trump Media and Technology Group (TMTG) has partnered with two other companies to create investment portfolios that they say will support ‘non-woke’ companies. […] In a press release, TMTG said the SMA strategies it was unveiling were called ‘faith & values,’ ‘liberty & security,’ ‘energy independence’ and ‘made in America.’ It did not expand on which particular companies it would be investing in.”

This should thrill the MAGA cult disciples who have been wondering how they could lose even more money by investing in certified losers that are endorsed by Trump. The focus of the Trump investment portfolios rests on buzzwords plucked from his political rhetoric. And what could possibly have more income potential than “non-woke” enterprises that pursue the anti-democratic goals of the MAGA movement? Just look at Trump’s crypto coin that has lost 90% of its value since its launch two months ago. Or Trump’s TMTG that has lost 88% from its high mark.

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

While TMTG hasn’t revealed what companies it intends to invest in, it isn’t hard to speculate. It is likely that Tesla will be among them. Also, the Trump-fluffing Newsmax cable network. Notably, the stocks of both of those businesses have cratered since Trump was inaugurated in January.

And not coincidentally, so has the stock market overall, primarily due to Trump’s recessionary economic plans featuring his inflationary tariffs. All the more reason that investors should be careful to avoid Trump’s “pump and dump” tactics that look suspiciously like illegal stock manipulation and insider trading. This may account in part for the extraordinarily large amount of short positions (betting the stock will decline) in TMTG.

UPDATE: Judd Legum of Popular Info has detailed how this venture by TMTG is structured to funnel funds to Trump. He writes that…

“Trump will profit from these accounts in two ways. First, TMTG will invest a portion of its cash reserves in accounts. Secondly, as the majority shareholder in TMTG, Trump will benefit from the fees generated by these accounts. […] But Trump, as President, will also be able to significantly influence the performance of these assets through tariffs and other policies.”

So before anyone actually invests in anything that is promoted by Trump, you may want to take a look at how disastrous his business enterprises have been lately, and how they are really only intended to enrich himself…

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’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.

Be sure to visit and follow News Corpse
on Twitter and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.

THE TRUMP INDEX: While Trump Tanks the US Economy, What’s Going on With the Trump Cult Economy?

Posted by on April 13, 2025 at 1:45 pm. 1 Comments :

On what Donald Trump called “Liberation Day” (April 2, 2025) – the day that he liberated most Americans from the funds in their savings and retirement accounts – he promised to revitalize the U.S. economy and bring millions of jobs back from foreign countries that he said were ripping off America by selling way too much of what they produce to American buyers eager for bargains.

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Trump Baby on Cash Pile

Yes, that complaint makes no sense whatsoever to anyone with a 6th grade grasp of economics. Which eliminates Trump. But it is what Trump and his MAGA minions are insisting is the brilliant plan that is elevating the United States to new heights of wealth and is working precisely as it was intended, despite his having reversed course several times and capitulated meekly to foreign adversaries.

SEE THIS: Trump Cult Priestess, Karoline Leavitt, Preaches to ‘Trust in Trump’ to Bring Economic Salvation

In the two weeks that have transpired since being “liberated,” the stock market has gyrated wildly and ended up about 2,000 points lower than where it was before Trump’s tariff blunders, and 4,000 points below where it was when he inherited it from President Biden.

So while the nation – and the world – is suffering the dreadful consequences of Trump’s purposeful incompetence, it seems like a good time to see how all of this has affected what could be called the “Trump Index” a bundle of investments affiliated with the confounder-in chief.

Trump Media and Technology Group (DJT):
The natural place to begin is with Trump’s own business that is the parent of his failing Twitter ripoff, Truth Social. Investors in this dog have lost about 50% from its price on Trump’s inauguration day twelve weeks ago. And it’s down a whopping 89% from its all time high.

Trump Meme Coin:
This is Trump’s entry into cryptocurrency that he launched on the day before his inauguration. And its performance since then has been a dismal decline of about 90%.

Newsmax (NMAX):
This notoriously pro-Trump MAGA media outlet went public about two weeks ago. Since then it has dropped 91% from its trading highs, making early investors significantly poorer, while simultaneously making them significantly more ignorant.

Rumble (RUM):
This is the MAGA world answer to YouTube. They record and post virtually every public appearance by Trump with unabashedly biased commentary from their Trump-fluffing correspondents. It has declined 43% since Trump’s inauguration.

Tesla (TSLA):
The automaker headed up by Trump’s billionaire oligarch, co-president, and director of the phony Department of Government Efficiency (DOGE), Elon Musk, has suffered a sever decline of 41% since Trump was sworn into office in January.

But not to worry. Trump and his cabal of billionaires will be just fine. They may have lost a small portion of their wealth, but only their loyal cult followers will feel the brunt of these abysmal investments. The the real targets of their economic assault – the American people – will be the most seriously wounded victims of this class war. And of course, it is, as Trump and his cohorts insist, all going according to their plan. Comforting, isn’t it?

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on Twitter and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.

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

Posted by on March 23, 2025 at 1:21 pm. 1 Comments :

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.

Be sure to visit and follow News Corpse
on Twitter and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

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Truth Social, Trump’s Pathetic Personal Propaganda Platform, Continues to Bleed Cash

Posted by on February 15, 2025 at 1:07 pm. 1 Comments :

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.

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Donald Trump Circling the Drain

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 scams hawking everything from steaks, to air travel, to vodka, to magazines, to board games, would now be running a money-losing hustle whose sole mission appears to be raking in cash for himself? As reported by CNBC, TMTG’s fortunes are something less than stellar…

“The company’s revenue declined 12% year over year, according to its annual report. The company saw its net loss widen to $400.9 million from $58.2 million in 2023.”

So in 2024 Trump’s boondoggle lost nearly seven times what it lost in 2023. And 2025 isn’t looking any better. Except, that is, for Trump himself, who is skillfully fleecing his flock of cult disciples, while simultaneously providing a path for parties interested in greasing his palm for political favors. That includes adversarial foreign operatives who are buying influence, not investing. A brief history of TMTG reveals the risk of trusting Trump with your money…

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.”

Grifter-in-Chief Trump Puts His Truth Social Stock into a Phony Trust Controlled by His Son
A new SEC filing by the company revealed that Trump has transferred his majority share holdings to a revocable trust in an attempt to deceive the public that he is separating himself from financial interest in the enterprise. But like virtually everything else that Trump engages in, it is a thinly disguised scam structured to unscrupulously enrich himself.

LOSER Trump’s Truth Social is Well on its Way to Becoming His Next Bankruptcy
TMTG reported its earning for the second quarter of 2024. And it was not a pretty sight. As reported by Investor’s Business Daily, “Trump Media reported net sales of $836,000, down 30% vs. a year earlier. Operating costs soared to $19.5 million vs. $4.9 million a year earlier.”

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.

If you you’re wondering why Truth Social is doing so badly, it may have something to with the content it offers. It is primarily an outlet for Trump’s malignant narcissism. So most people couldn’t care less. And even Trump’s devotees are likely bored by his relentless self-promotions. On Saturday morning, for instance, he posted 31 comments in nine minutes. They were mostly links to MAGA media like Fox News, Breitbart, and the New York Post, that spewed disinformation and lies.

Although there were also pitiful comments like this: “He who saves his Country does not violate any Law.” Which is pretty much a declaration of his belief that he is America’s dictator and not subject to those pesky legal trivialities that all the rest of us have to abide by.

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Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

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Trump Wants to Run America Like his Businesses – Trump Media and Crypto – That are Crashing

Posted by on February 4, 2025 at 2:42 pm. NO Comments :

From the outset of his political misadventures, Donald Trump has sought to portray himself as an uncommonly successful businessman whose brilliance would benefit the nation that he promises to run just like he does his own businesses. However, when examining the real world record of Trump’s business management, that sounds less like a promise, and more like a threat.

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As anyone who has done even a modicum of research knows, Trump has presided over a flurry of failures, including four bankrupt casinos, a fraudulent university, and cheesy consumer products ranging from steaks, to air travel, to vodka, to magazines, and to games. None of which exist anymore. Even his real estate ventures have been less than impressive. Many of them are just facades where he licensed his name to properties built by other developers. And many of those have since had his name removed.

Trump’s most recent effort is the Trump Media and Technology Group that is the parent of his Twitter ripoff, Truth Social. This attempt to cash in on social media has been spectacularly disastrous. It went public in March of 2024, and has lost 60% of it value since then.

There are some analysts who 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 less than three weeks ago. What’s more, Trump introduced a crypto coin just days before his inauguration. That has crashed 70% since then.

So anyone investing in the Trump brand since his reoccupation of the White House has lost a bundle of money. And anyone contemplating future investments will steer clear if they’re smart. One thing that Trump has established is that his ventures are scams that only serve to fatten his wallet at the expense of the rubes who fall for his pitch. Just take a look at the recent history of Trump Media…

Grifter-in-Chief Trump Puts His Truth Social Stock into a Phony Trust Controlled by His Son
A new SEC filing by the company revealed that Trump has transferred his majority share holdings to a revocable trust in an attempt to deceive the public that he is separating himself from financial interest in the enterprise. But like virtually everything else that Trump engages in, it is a thinly disguised scam structured to unscrupulously enrich himself.

LOSER Trump’s Truth Social is Well on its Way to Becoming His Next Bankruptcy
TMTG reported its earning for the second quarter of 2024. And it was not a pretty sight. As reported by Investor’s Business Daily, “Trump Media reported net sales of $836,000, down 30% vs. a year earlier. Operating costs soared to $19.5 million vs. $4.9 million a year earlier.”

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.

Be sure to visit and follow News Corpse
on Twitter and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.

LOLOL: ‘Feds Hijacked Truth Social’ According to Trump Post. And He Wants it Checked Out, NOW!

Posted by on December 28, 2024 at 1:49 pm. NO Comments :

The madness of wannabe King Donald continues to illuminate the Intertubes with increasingly bizarre outbursts and unhinged episodes of derangement. If you thought it was inconceivable that anyone could vote for somebody this buoyantly bonkers before, you better hold on to your seat.

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Donald Trump Pacifier Fox

Trump’s failing Twitter ripoff, Truth Social, offers an endlessly rich supply of his hatred, ignorance, and narcissistic self-glorification. It also serves to fatten his wallet as the whole enterprise was structured as a scam that he is using to enrich himself and may be receiving funds (bribes?) from conflicted corporations and hostile foreign operatives.

SEE THIS: Grifter-in-Chief Trump Puts His Truth Social Stock into a Phony Trust Controlled by His Son

On Saturday morning Trump fired off a flurry of buffoonery that rivals anything that The Onion could have cooked up. Particularly notable was his repost of a MAGA cult disciple who goes by the name “Redhead Conservative.” Her comment was originally posted nearly a year ago on February 21, 2024, but Trump is only now getting around to regurgitating it.

What she was so feverishly upset about was her allegation that “Feds Hijacked Truth Social. Feds made my account disappear, and hundreds of others on Truth told me the same happened to them.” In response, Trump demanded to know “What is going on here? Check it out, NOW! DJT”

What indeed is going on here? This is a bombshell accusation that threatens to tarnish the sterling reputation of Truth Social as a source of honest discourse. (Okay, stop laughing). Somehow Redhead Conservative’s announcement that her Truth Social account disappeared was made on Truth Social. You figure it out. She went on to ask “What is Truth doing about it,” and to allege that the “Feds are running Truth Social.” Of course they are. Who could not have noticed?

[UPDATE: Trump has deleted his reposting of this. But it is preserved on TrumpsTruth, an independent site that archives everything Trump posts on Truth Social]

In addition to the post revealing the the Fed takeover of Truth Social, Crybaby Trump also posted a complaint about the celebrities who endorsed Kamala Harris during her campaign. He’s very disturbed that Beyoncé and Oprah were reimbursed for some of their expenses.

The charge that Harris had to pay these celebs for their support is preposterous. Their longtime political leanings were not exactly secret. Not surprisingly, Trump has ignored his own endorsements from billionaire oligarchs forking over hundreds of millions of dollars to him for which there is no accounting of its use. This represents an opportunity for corruption that even Fox News anchor Stuart Varney couldn’t ignore…

“Think about this: Nobody voted for Elon Musk. But with the support of Donald Trump he called the shots on shutting down the government, and he’s calling the shots on trimming the fat in government. In fact, he has influence on just about every aspect of policy, including who should take which job in the Cabinet.”

Finally, Trump also reposted a meme with photos of Trump and writer E. Jean Carroll, along with a caption reading “Should a woman go to jail for falsely accusing a man of rape? Retruth if you want justice for Trump.” Trump lost a defamation case brought by Carroll and was ordered to pay her $5 million. Shortly thereafter he repeated the very same defamatory comments and subsequently lost another round that cost him $80 million more. Now he’s going for a trifecta. Plus he seems to be determined to remind everybody that he is a misogynist and an adjudicated rapist.

SEE ALSO: SMART POLITICS? As Election Day Nears Trump Reminds America of His Sexual Assault Judgment

Maybe Trump and Redhead Conservative are right, and the Feds have infiltrated Truth Social. That would explain these profoundly stupid posts, allegedly by Trump, that seem designed to make him look foolish. Of course, his infamous idiocy and flaming maliciousness would also explain it. So what do you think? Was it the Feds, or the meds, or the redheads, or those meddlesome kids, or is his brain just on the skids?

Be sure to visit and follow News Corpse
on Twitter and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.