Trump Could Make TRUTH Social Pay Him for Content, Even If it’s Dishonest, Illegal, or Immoral

Posted by Mark NC on May 17, 2022 at 12:44 pm. 1 Comments :

The more we learn about Donald Trump’s Twitter clone, TRUTH Social, the more it appears to be just another in a long line of scams by Trump whose only purpose is to fatten his wallet and fleece his half-witted flock. The Trump Media & Technology Group (TMTG), his social media venture, is heading down the same corrupt path as his phony university and his fraudulent charity.

Click here to Tweet this article

Mother Jones is reporting on a recent filing with the Securities and Exchange Commission by Digital World Acquisition Corp (DWAC), the shady shell company that Trump is using to give his enterprise a presence on Wall Street. And, as revealed in the filing, the terms of the licensing agreement with Trump have all of the elements of the unscrupulous brand of business affairs that are the hallmarks of Trump’s malpractice. To begin with, the filling notes that…

“TMTG’s future success will depend, to a significant extent, upon the continued presence and popularity of President Trump. If President Trump were to discontinue his relationship with TMTG due to death, disability, or any other reason, or limit his involvement with TMTG due to becoming a candidate for political office, TMTG would be significantly disadvantaged.”

Relying on Trump’s popularity is a profoundly shaky foundation for success. The twice-impeached, former reality TV game show host lost the popular vote twice and never had an approval rating that approached 50%. A majority of Americans say he’s responsible for the violent January 6th insurrection. And even 49% of Republicans don’t want him to run in 2024.

What’s the more, the prospects of Trump discontinuing his relationship with his site for the reasons stated (“death, disability, or any other reason”) are almost inevitable. And in any case, Trump isn’t even obligated to post anything at all on the site. However, the filing notes that the site may be obligated to pay him for posting content. So he has wrangled another way to squeeze dough from his dimwit disciples. And the substance of the content he provides has no ethical boundaries. According the the filing…

“TMTG has entered into a license agreement with President Trump wherein neither the personal nor political conduct of President Trump, even if such conduct could negatively reflect on TMTG’s reputation or brand or be considered offensive, dishonest, illegal, immoral, or unethical, or otherwise harmful to TMTG’s brand or reputation, shall be considered a breach of the license agreement.”

That’s a necessary contractual provision with Trump, since he is notorious for “offensive, dishonest, illegal, [and] immoral” conduct. Even now the SEC is investigating whether TMTG and DWAC executives improperly coordinated with each other and engaged in insider trading. They have also partnered with a Chinese firm with a dubious legal past. And the filing even mentions Trump’s prior business failures including…

“…the bankruptcies of Trump Taj Mahal, Trump Plaza, and Trump Castle, and the failures of Trump University, Trump Vodka, and Trump Steaks, among others. […] Digital World said in its filing: A number of companies that were associated with President Trump have filed for bankruptcy. There can be no assurances that TMTG will not also become bankrupt.”

There is considerable speculation on Wall Street that Trump’s social media sham won’t ever get off the ground. DWAC stock price is down about 65% from its recent high just a couple of months ago. And while Trump has said that he won’t go back on Twitter even if Elon Musk’s bid is successful (doubtful) and his account is reinstated, he lies too much for that – or anything else he says – to be taken seriously.

Meanwhile, Trump’s Twitter ban defying spokes-shill, Liz Harrington, has announced that “I will soon no longer be posting on Twitter. This is a terrible website that is beyond fixing.” She doesn’t say how soon “soon” is (and she is just as likely to be lying as Trump), but the reaction in the replies to her alleged farewell announcement are enthusiastically supportive and downright gleeful:

Good riddance to bad rubbish. Wish Twitter would've kicked all of #DonTheCon's suck-ups (including you) out with him. Enjoy #TrothTruthSenchal https://t.co/YHlDTP9c3l

— PseudoTaxPro (@PseudoTaxPro) May 17, 2022

NOTE: Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website, please feel free to do so often and repeatedly.

Be sure to visit and follow News Corpse
on Facebook and Instagram.

And check out my books on Amazon:

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

Thanks so much for your support.

Elon Musk’s Bid for Twitter is in Big Trouble, and So is Trump’s TRUTH Social

Posted by Mark NC on May 13, 2022 at 10:32 am. 6 Comments :

It was only one month ago that Elon Musk announced that he intended to acquire Twitter and take the company private. It was an audacious move that, from the start, didn’t make much sense financially. However, it did affirm the enormity of Musk’s ego and his desire to make influential social media companies his plaything.

Click here to Tweet this article

Musk made his intention to buy Twitter public after he had already purchased 73 millions shares of the company, a 9.2% stake. He is currently being investigated by the Securities and Exchange Commission for having failed to file the required disclosures of that stock purchase. But that’s only the tip of his troubles.

On Friday morning Musk tweeted that he is putting the “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.””

Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn

— Elon Musk (@elonmusk) May 13, 2022

Due to the characteristically cryptic nature of that comment, and the trading chaos it could provoke, Musk later tried to clarify himself, tweeting that he is “Still committed to the acquisition.” However, his pausing the acquisition bid, as well as his stated reasoning for doing it, are both profoundly specious.

First of all, Musk’s claim that he’s hesitating as a result of a report that fewer than 5% of Twitter’s accounts are spam or fake is difficult to take seriously. The scale of potential fake accounts on Twitter is not news. In fact, Twitter has reported it in its quarterly and annual reports to the SEC for at least two years. So either Musk entered into this $44 billion deal without doing the most basic research and due diligence, or he’s lying.

Much of Musk’s financing for Twitter is backed by his stock in Tesla. So if Musk didn’t previously know that there are fake accounts on Twitter, he was neglectfully putting the value of Tesla at risk and would be liable to shareholders for losses. If he did know, then he is likely trying to back out of the deal without having to pay the $1 billion break up fee.

Why would Musk want to back out now, so soon after initiating this deal? It might have something to do with the reaction on Wall Street to his plans. Musk’s offer for Twitter was $54.00 per share. On April 14, when he announced his intentions, Twitter was trading at about $45.00 per share. Since then it has dropped to about $41.00, or about 12%. And it’s down more than 40% from its recent high eight months ago. The fact that the market isn’t willing to pay the offer price of $54.00 is a pretty good indicator that they don’t think the deal will ever go through.

What’s more, the price of Tesla has also declined precipitously. It was trading at about $985.00 when Musk revealed his interest in Twitter in April. It’s down to about $780 now, a drop of about 20%. And it’s down more than 42% from its recent high three months ago. Since Musk is using his Tesla stock to finance the Twitter acquisition, and Tesla’s stock has dropped substantially, the Twitter purchase price becomes much greater for Musk. Which is further evidence that he may be trying to ditch the deal.

So how would all of this affect Donald Trump’s Twitter clone, TRUTH Social? Theoretically, any weakness in its biggest competitor should be a positive for the TRUTH(less) app. However, the shady shell company that is serving as Trump’s vehicle for the enterprise, Digital World Acquisition Corp (DWAC) has been trading down ever since Musk’s Twitter bid became public. On April 14, it was at about $50.00 per share. Now it’s at about $40.00, a 20% drop. And from its recent high of around $100.00 just a couple of months ago, it’s down a whopping 60%.

Apparently Wall Street doesn’t have any more confidence in another Trump boondoggle, than they do in Musk’s deal. And it appears to be irrelevant that Musk promised to restore Trump’s Twitter account when – make that if – he takes over. Trump has already said that he would not return to Twitter, even if his account were reinstated.

SEE Trump Declares that ‘I Am Not Going Back On Twitter’ After the Elon Musk Takeover

That, of course, is probably another Trump lie. There is no way that he would be satisfied with a few thousand followers on TRUTH Social if he could regain his 84 million followers on Twitter. But he can’t say that now or it would appear that he favors the competition. So the grift goes on – for both Trump and Musk.

UPDATE: Trump has weighed in saying that…

“There is no way Elon Musk is going to buy Twitter at such a ridiculous price, especially since realizing it is a company largely based on BOTS or Spam Accounts. Fake anyone? By the time you get rid of them, if that can even be done, what do you have? Not much? If it weren’t for the ridiculous Billion Dollar breakup fee, Elon would have already been long gone. Just my opinion, but Truth Social is MUCH better than Twitter and is absolutely exploding, incredible engagement.”

Trump used to brag about his gazillions of Twitter followers. Now he is asserting that they are “largely based on BOTS or Spam Accounts.” He’s also dramatically exaggerating the reported 5% as “largely”. But then he’s never been very good – or honest – with numbers (see his crowd size estimates and property values). And TRUTH social is already crawling with fake accounts. The site even “verified” a fake Fox News account.

NOTE: Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website, please feel free to do so often and repeatedly.

Be sure to visit and follow News Corpse
on Facebook and Instagram.

And check out my books on Amazon:

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

Thanks so much for your support.

Trump Declares that ‘I Am Not Going Back On Twitter’ After the Elon Musk Takeover

Posted by Mark NC on April 25, 2022 at 4:45 pm. 4 Comments :

America’s oligarchy is exercising it’s privilege once again as the world’s richest man drops a few of his billions of dollars to add Twitter to the playroom in his ultra-exclusive world. Elon Musk’s acquisition of the social media giant is profoundly significant due to its influence on politics, journalism, and culture.

Click here to Tweet this article

The debate over how dangerous this is for society in America – and the world – is complex and will unfold in the weeks to come as Musk’s intentions are revealed. However, in the short term we already have some news about a famous former tweeter. Donald Trump didn’t waste any time telling Fox News (who else) what the Musk acquisition means to him. According to Fox News…

“Former President Trump will not return to Twitter, even as Elon Musk purchases the social media company and reinstates his account, instead using his own TRUTH Social as the sole platform for his voice. […] The former president told Fox News Monday that he will formally join his own TRUTH Social over the next seven days, as planned.

“‘I am not going on Twitter, I am going to stay on TRUTH,’ Trump told Fox News. ‘I hope Elon buys Twitter because he’ll make improvements to it and he is a good man, but I am going to be staying on TRUTH.’ […] He added: ‘The bottom line is, no, I am not going back to Twitter.'”

Let’s set aside for the time being that Trump lies far too often to take anything he says seriously. If Twitter were to offer to reinstate his account, it’s ridiculous to suggest that he would rebuff the offer because he’s “staying on TRUTH” Social (TS). How can he “stay” on a platform that he has posted on only once nearly two months ago, and from which he has been conspicuously absent ever since? He couldn’t even get the name straight at his recent rally, calling it “Troth Sential.”

Trump was, and is, a Twitter addict (his spokes-shill still posts for him daily in defiance of Twitter’s own rules). And he isn’t likely to trade access to his 84 million Twitter followers (most of which were bots or fakes) for a fraction of that on TS. Trump went on to say that…

“‘We’re taking in millions of people, and what we’re finding is that the response on TRUTH is much better than being on Twitter,’ Trump said. ‘Twitter has bots and fake accounts, and we are doing everything we can.'”

Actually, TS has assigned a little over a million wait list numbers to people who have tried to sign up. Most of them still have not been able to log on. And as for fake accounts, there have already been a multitude of them on TS. The site even “verified” a Fox News account that Fox denied having anything to do with.

What’s more, there is so little interaction on TS that the users who are online have complained that it is an echo chamber of fellow cultists whose homogeneous agreement is terminally boring. And now Trump is promising that it’s going to get even worse…

“‘This is a platform for my voice. TRUTH is a platform for my voice and for my supporters,’ Trump said. ‘But I want everybody to come over to TRUTH—conservatives, liberals, whatever. […] ‘TRUTH Social will be a voice for me,’ Trump continued. ‘And that’s something nobody else can get.'”

It isn’t an accident that Trump keeps referring to the site as simply “TRUTH.” There is nothing “Social” about it. Like everything else in Trump World, it is about him and only him. And he isn’t shy about saying so explicitly.

The worst part of all of this, from Trump’s perspective, is that the site may never even become viable. The shell company that is serving as its Wall Street proxy (DWAC) declined another 12.9% today. It has cratered 64% since the beginning of March. Reuters is reporting that key personnel are abandoning ship and that…

“Another open question is how TMTG is funding its current growth. The company is planning to go public through a merger with blank-check firm Digital World Acquisition Corp (DWAC) . The deal is under scrutiny by the Securities and Exchange Commission and is likely months away from being finalized. […] Investors have pledged $1 billion to TMTG but they won’t hand over that money until the DWAC deal closes.”

So the the Trump Media and Technology Group (TMTG) and DWAC deal is likely another illegal Trump scam that will never go through. And when it fails Trump won’t get any of the money that has allegedly been pledged. More likely it will result in investor lawsuits that will cost him and his accomplices a fortune.

As for Twitter’s future under Musk, Jessica J. González of Free Press recently published an editorial that exposes how truly awful the site could be under Musk. She wrote that…

“Musk’s ability to be an accountable steward of this massive online community is questionable at best. […] he has a poor track record of protecting other Twitter users and respecting their free speech. He has used the platform to discredit and disparage those who disagree with him, and he has lashed out at journalists who have written or produced things he didn’t like.”

Musk’s pretense of advocating for free speech is utterly insincere. It is a pathway to tolerating hate speech and disinformation that divides people and incites violence. It would make Twitter unbearable for most decent users, as well as advertisers. And it doesn’t help that Musk has been sued for “racial discrimination and harassment after finding a widespread pattern of mistreatment of Black workers” at his Tesla plant. So look for Twitter to collapse unless its executives and board of directors manage to keep Musk’s worst instincts in check.

NOTE: Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website, please feel free to do so often and repeatedly.

Be sure to visit and follow News Corpse
on Facebook and Instagram.

And check out my books on Amazon:

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

Thanks so much for your support.

Trump Celebrates (and Lies About) CNN+ Shutting Down While Ignoring His TRUTH Social Fiasco

Posted by Mark NC on April 21, 2022 at 4:05 pm. 3 Comments :

Thursday morning the new management team at Warner Bros. Discovery (WBD), the newly merged combination of WarnerMedia and Discovery Networks, announced that CNN’s streaming channel, CNN+, will be shutting down at the end of April. It was startling news about the new service that was only launched three weeks ago.

Click here to Tweet this article

According to CNN’s own reporting, the decision to end the venture was due to WBD’s incoming CEO David Zaslav’s plan to house all of the company’s brands under one streaming service. Zaslav said that…

“In a complex streaming market, consumers want simplicity and an all-in service which provides a better experience and more value than stand-alone offerings […] We have very exciting opportunities ahead in the streaming space and CNN, one of the world’s premier reputational assets, will play an important role there.”

While the strategic logic of that position is apparent, it cannot be understated how sloppily this matter was executed. The new CEO of CNN, Chris Licht, conceded that it was a “uniquely shitty situation.” Elaborating, he said that CNN+ had an “incredibly successful launch” but that it was “simply incompatible with the newly merged company’s plans.” Despite the turmoil, there are expectations that much of the new programming will still be part of whatever eventually emerges.

To no one’s surprise, Donald Trump weighed in on this news with his customary noxious bluster. He posted a tweet (via his Twitter ban defying spokes-shill) that completely distorted the facts and demonstrated his distinctive brand of flagrant dishonesty. Trump ranted…

“Congratulations to CNN+ on their decision to immediately FOLD for a lack of ratings, or viewers in any way, shape, or form. It was like an empty desert out there despite spending hundreds of millions of dollars and the hiring of low-rated Chris Wallace, a man who tried so hard to be his father, Mike, but lacked the talent and whatever else is necessary to be a star. In any event, it’s just one more piece of CNN and Fake News that we don’t have to bother with anymore!”

Trump’s first lie in that outburst is that CNN+ folded “for a lack of ratings.” And the way we know that’s true is because there are no ratings for streaming apps. Trump is, once again, just making stuff up. The truth is that CNN+ signed up more than 100,000 viewers in three short weeks, well within their projections. And the service will undoubtedly relaunch when WBD finalizes the unified format for its streaming programming.

If Trump is really interested in identifying “an empty desert” in the media world, all he has to do is check in with his own parched and barren “TRUTH Social” Twitter clone. To date it has failed spectacularly. It cannot attract users. Even the users who have already signed up can’t log on. Trump himself doesn’t use the site.

Trump is said to be furious that his attempt at revenge against Twitter for banning him has cratered so badly. The Daily Beast reports that Trump has been overheard on the phone “swearing gratuitously” and asking “What the f*ck is going on?” with TRUTH Social.

That, however, is a question Trump should already know the answer to, considering that he has a notorious record for catastrophic business failures that is unparalleled in modern times. His numerous, and narcissistically self-branded projects – from casinos to airlines to games to steaks to vodka – all ended in humiliation and ruin. Even his prized real estate ventures have proven to be duds.

The man Trump put at the helm of TRUTH(less) Anti(Social), Devin Nunes has been making desperate trips to Fox News where he could lie unchallenged about the site’s “success.” But anyone foolish enough to invest in the venture has likely lost a bundle. The site keeps missing launch dates, and it is currently being investigated by the Securities and Exchange Commission for “irregularities.”

One fund manager is predicting that the stock serving as the investment vehicle for TRUTH Social will fall to $10.00 and will fail to complete its merger with Trump’s company. It has already declined 67% from it’s high at the beginning of March.

The mess that WBD has made of the CNN+ launch may be costly and embarrassing, but it is temporary and the parent corporation has deep pockets. It will recover and offer its media products in a new and profitable form. But Trump’s ventures are permanently hobbled by his incompetence and inability to manage a successful business of any kind. The only thing he’s any good at is whining and flinging impotent insults as his enemies. Which is all he’s doing here.

NOTE: Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website, please feel free to do so often and repeatedly.

Be sure to visit and follow News Corpse
on Facebook and Instagram.

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’s TRUTH Social Boss, Devin Nunes, Tells Fox News that ‘Twitter is a Ghost Town’

Posted by Mark NC on April 7, 2022 at 4:02 pm. 1 Comments :

What do wingnut Republican scam artists do when their much ballyhooed business ventures go bust? Well, if you’re Devin Nunes, the former congressman and fake farmer who is now the CEO of Donald Trump’s pathetic Twitter clone, TRUTH Social, you go on Fox News and tell flagrant lies about how successful you are.

Click here to Tweet this article

Trump’s TRUTH(less) (Anti)Social ME-dia platform is proving to be the biggest bomb on his wretched resume that already includes shuttered operations for his self-branded casinos, steaks, vodka, airlines, and universities. Nunes was unable to deliver on his promise that the site would be fully open for business by the end of March. Losers -er- users have been unable to log on. It has seen its signups decline by 93% since its “soft” launch..

Trump doesn’t even use the site. He posted a single “truth” a month ago and hasn’t been back to tend to his flock since. Therefore, Nunes (or perhaps Trump) determined that it was time to hit Fox News with some Grade A BS. He visited with Fox’s Senior Trump-Fluffer Maria Bartiromo (fresh off of fretting that Obama is secretly running the country) and unloaded these whoppers:

Bartiromo: What is your reaction to Elon Musk taking a 9% stake in one of your competitors, certainly, Twitter.
Nunes: I think it’s very interesting because the goal that president Trump has, and I have, and our team here at TRUTH Social, is to open the Internet back up so that the American people can get their voice back. So it’s clear that Twitter is kind of a ghost town. They desperately need Elon Musk to be there, so it’s probably something that Elon wants to do. He probably believes in free speech like we do. But at the same time there’s not very much activity over at Twitter right now, especially when you compare it to sites like ours where we’re just in our beginning stages as we continue to test and bring people on day by day. Our interactions are already beating twitter.'”

The CEO of Trump Media this morning: “Twitter is kind of a ghost town .. there’s not very much activity over at twitter right now, especially when you compare it to sites like ours .. Our interactions are already beating twitter.” ? pic.twitter.com/FXLwVu9Nyk

— Ron Filipkowski (@RonFilipkowski) April 7, 2022

So according to Nunes “Twitter is kind of a ghost town,” where there is “not very much activity.” Those lies are demonstrably untrue. But they weren’t enough for Nunes. He had to elaborate with the ludicrous assertion that TRUTH Social’s “interactions are already beating twitter.” Which should make one wonder what fumes he has been inhaling.

Even Trump has noticed the stink that TRUTH Social is emitting. He is said to be furious about the site’s failure, berating his aides and demanding to know “What the f*ck is going on?” Meanwhile, anyone who invested in Trump’s boondoggle has probably lost a bundle. News Corpse reported recently that the stock of the sham that was set up as a holding company for the business had dropped by some 37% in the first two weeks of March. It’s now down more than 50%. And according to Reuters, key personnel are abandoning ship. They also reported that…

“Another open question is how TMTG is funding its current growth. The company is planning to go public through a merger with blank-check firm Digital World Acquisition Corp (DWAC) . The deal is under scrutiny by the Securities and Exchange Commission and is likely months away from being finalized. […] Investors have pledged $1 billion to TMTG but they won’t hand over that money until the DWAC deal closes.”

This could be the worst part of all for Trump, and an explanation for his fury. It means that he may not be able to extract his share of the ill-gotten loot. Which, in all likelihood, was the only reason he got involved in it to begin with. And if Trump gets skunked, look for Nunes to be back in the fields with the cows he tried to sue.

NOTE: Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website, please feel free to do so often and repeatedly.

Be sure to visit and follow News Corpse
on Facebook and Instagram.

And check out my books on Amazon:

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

Thanks so much for your support.

Trump’s PRAVDA, er, TRUTH Social Twitter Clone Flops as it Misses Yet Another Launch Date

Posted by Mark NC on March 31, 2022 at 11:36 am. 9 Comments :

America’s Biggest Loser is once again demonstrating just how adept he is at failing. Donald Trump has a record of business catastrophes that is unparalleled in modern times. His numerous, and narcissistically self-branded projects – from airlines to games to steaks to vodka – all ended as humiliating fiascos. Even his prized real estate ventures have proven to be duds.

Click here to Tweet this article

Now Trump’s latest scam – the hysterically named TRUTH Social – is joining the club. Devin Nunes, the former congressman and fake farmer who Trump tapped to be the company’s CEO, promised two weeks ago that the Twitter clone’s website would be fully open for business by the end of March. Well, here we are, but there appears to be little evidence of life on Trump’s pouty platform.

TRUTH(less) (Anti)Social has been unable to accommodate new users trying to sign up. A few hundred thousand of the Trump faithful are languishing on a stalled waiting list. Those who have gained access have found an echo chamber of fellow cultists whose homogeneous agreement is terminally boring. Trump doesn’t even use the site. He posted one comment a month ago and hasn’t been heard from since. What’s more, by all indications the app is not setting the social media world aflame. The Wrap reports that…

“Former president Donald Trump’s Truth Social app is seeing a 93% drop in signups and similarly steep decline in traffic after a rocky rollout last month fraught with technical issues and an extensive waiting list for new signups to actually use the service.”

None of this is going down well at Mar-a-Lago. Trump is said to be furious that his attempt to beat Twitter at their game has cratered so badly. The Daily Beast reports that…

“In recent weeks, sources have heard the former president on the phone swearing gratuitously and asking things like, ‘What the f*ck is going on’ with Truth Social. He’s repeatedly groused about the negative press and the less-than-stellar optics of the rollout, these sources said. And he’s demanded to know why more people aren’t using it—why the app isn’t swiftly dominating the competition.”

Trump has done more than demand to know why his baby is such a disaster. He has also been issuing impotent orders in utter desperation. He recently begged his glassy-eyed disciples to abandon Twitter and called for it to be outlawed, saying that…

“They shouldn’t be allowed to do business in this Country […] Everybody should drop off of Twitter and Facebook. They’re boring, have only a Radical Left point of view, and are hated by everyone. They are a disgrace to our Nation.”

Who would have thought that a former reality TV game show host could have bombed so spectacularly in both business and politics? Trump has the unique distinction of having lost the popular vote twice, being impeached twice, and never having an approval rating that hit 50%. And it only got worse from there.

Following his occupation of the White House, Trump incited a deadly insurrection and spent the next fifteen months whining about alleged election fraud for which he he could provide no evidence. And now he is tightening his treasonous embrace of Vladimir Putin. It makes one wonder how any rational person would consider investing in him as a businessman or a politician.

It’s safe to assume that Trump’s tribulations will continue for the foreseeable future. He has proven the newly coined adage represented by the acronym ETTD: Everything Trump Touches Dies. But at least he succeeded in getting Devin Nunes out of Congress and ridding Twitter of some its most annoying trolls.

NOTE: Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website, please feel free to do so often and repeatedly.

Be sure to visit and follow News Corpse
on Facebook and Instagram.

And check out my books on Amazon:

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

Thanks so much for your support.

Investors (aka Suckers) in Trump’s TRUTH Social Scam Lost 37% in Just the Past Two Weeks

Posted by Mark NC on March 14, 2022 at 12:55 pm. 9 Comments :

The track record for business ventures run by Donald Trump is abysmal in the extreme. He bankrupted four casinos. He was ordered to pay $25 million in restitution to victims of his Trump University con. His fraudulent “charity” was shuttered by authorities in New York. And his numerous self-branded projects – from airlines to games to steaks to vodka – all went bust in a hurry. Even his real estate properties are losers.

Click here to Tweet this article

So is anyone really surprised that Trump’s latest boondoggle is sinking like a stone? The hysterically named “TRUTH Social” was announced months ago, but it’s official launch has been repeatedly delayed. Now its CEO, former Republican congressman and fake farmer Devin Nunes, says it is in the midst of a “soft” launch and will be fully open for business by the end of March.

Apparently that news didn’t thrill the investors who have dared to put their money where Trump’s mouth is. Two weeks ago DWAC, the stock that is serving as a holding vehicle for “TRUTH Social”, was sitting at $100.00 per share. Today it just hit $63.00. That’s a decline of 37% in just two weeks. It’s down even more from the high of $175.00 that it hit shortly after the launch announcement.

Most of the recent news about “TRUTH Social” has been bad. It has been unable to accommodate new users trying to sign up. There is a waiting list of a few hundred thousand who still can’t log in. Those who have gained access are not raving about what they’ve found. It’s a boring echo chamber of Trumpistas who do nothing but affirm each others fantasies. Trump doesn’t even use the site. He posted one comment three weeks ago and nothing since. Politico reports that…

“Trump and his immediate circle have shown little public interest in “TRUTH Social”. Trump’s inactivity has been a source of frustration among some allies pushing the app. Former first lady Melania Trump is on the app but also announced in February that she will be making another platform, Parler, her ‘social media home.’ There are no verified accounts on “TRUTH Social” for the former president’s adult children Donald Jr., Eric, Ivanka or Tiffany, although there are unverified accounts purporting to be them.”

There are also no verified accounts for Trump loyalists Steve Bannon, Rudy Giuliani, Glenn Beck, or Tucker Carlson. All of which begs the question: Why would anyone use “TRUTH Social” rather than Twitter, or one of the many existing conservative competitors (GAB, Parlar, Gettr, and the MyPillow guy’s FrankSpeech), that are also struggling to survive?

Perhaps Trump is depending on his “personality” to lift “TRUTH Social” above the pack. More likely he is relying on his old game plan of suing his competition, or trying to outlaw them, or if that doesn’t work, just politely ask everybody to ditch them. Yeah, that’s the ticket. Good luck with that, Donnie.

UPDATE April 21, 2022: DWAC is now down 67%, and it’s future viability is in doubt.

NOTE: Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website, please feel free to do so often and repeatedly.

Be sure to visit and follow News Corpse
on Facebook and Instagram.

And check out my books on Amazon:

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

Thanks so much for your support.

Trump’s TRUTH Social Twitter Ripoff Follows in the Footsteps of His Prior Failures

Posted by Mark NC on February 21, 2022 at 2:23 pm. 5 Comments :

If there is one thing that is consistent about Donald Trump, it’s his unchallenged status as America’s biggest loser. He has seemingly boundless ability to screw up everything he touches. The former reality TV game show host, who was evicted from the White House after a single disastrous term, also has a resume of humiliating failure that is unmatched. It includes his four bankrupt casinos, his fraudulent university, his steaks, his vodka, his airline, his D.C. hotel, his scam charitable foundation that was shut down because it was stealing funds, and so much more.

Click here to Tweet this article

Trump also bears the dishonor of being the first president in history to be impeached twice. He is the first president in decades to leave office with fewer people employed than when he started. He exploded the national debt by cutting taxes for corporations and the wealthy. He incited deadly riots in Washington, D.C. by insurrectionist mobs. And he is directly responsible for the deaths of nearly a million Americans due to his incompetent mishandling of the COVID pandemic.

Now Trump has proudly launched what he delusionally believes will supplant Twitter in the social media space. But his ironically named “TRUTH” Social (named after Russia’s news outlet Pravda, which means truth?) got off to an ignominious beginning. As reported by the Daily Beast…

“Would-be users of Trump’s new app merely struggled to create an account after Sunday night’s launch. Around 11 p.m. ET, select users who tried to create accounts were repeatedly met with a red error warning: ‘Something went wrong. Please try again.'” […]

“On Sunday, Devin Nunes, the former Republican congressman-turned-CEO of Trump Media & Technology Group, said that he hopes the new app will be fully operational by the end of March.”

This inauspicious introduction was met with appropriate mockery. Democratic Rep. Ted Lieu tweeted that “Many people say that if #TruthSocial can’t even handle opening new accounts, how will it keep your account from being hacked? Also, the problems won’t be fixed until late March. So is their staff like 2 people, the failed Devin Nunes and his cousin’s friend who is the coder?”

From the other side of the aisle Republican Rep. Adam Kinzinger also tweeted that “Social media sadly thrives on conflict. #truthsocial (which is ironically named) will be boring and fail, because it will be all Trump-fed drones. BUT, please don’t come back to real social media if you left for Trump and Nunes great idea. You get your one shot.”

These are all good points. What’s more, it bears noting that TRUTH Social’s user base has a ways to go before it can considered competitive with Twitter’s 200,000,000 users. At present there is a significant difference in the potential for interactions between the two platforms. For instance, Trump had more than 88,000,000 followers on Twitter. He has 175 followers on TRUTH Social. Country singer Travis Tritt has 286,000 followers on Twitter. He has 40 followers on TRUTH Social. GOP Rep. Madison Cawthorn has 364,000 followers on Twitter. He has 0 followers on TRUTH Social. With stats like that Trump’s cult disciples are surely going to rush to delete their Twitter accounts and live exclusively on TRUTH Social. Right?

It’s easy to see why Trump is so anxious to make this move. He has been banned on Twitter. And he has lost about 98% of his likes and retweets that are now posted by his Twitter ban defying spokes-shill, Liz Harrington. But he is unlikely to restore his former online glory. For one thing, his Twitter clone (built on open source software for which he is violating the license of the original developers) will be competing with other conservative social media sites (Gab, Parlar, Gettr, and the MyPillow guy’s FRANKSpeech) that beat him to the market (and are failing anyway).

It is also notable that Trump is hailing his venture as a haven for free speech. Which is hysterical given that the terms of service explicitly prohibit any criticism of the site or its operators. Which means that there can be no criticism of its Chairman, Donald Trump.

However, Trump has a business plan that he’s convinced will rocket him to the top of the conservative garbage heap. He’ll just sue his competition, or try to outlaw them, and if that doesn’t work just ask everybody to ditch them:

“Twitter is a disgrace to democracy. They shouldn’t be allowed to do business in this Country. […] Everybody should drop off of Twitter and Facebook.”

That should do it. Now there will probably be hordes of Trump Deplorables signing up for TRUTH Social any minute now, just waiting to interact with people who think exactly like they do in a community that is a tiny fraction of what Twitter has. What could be more fun? Let’s hope that they find happiness there and, as Rep. Kinzinger said, “Please, don’t come back.”

NOTE: Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website, please feel free to do so often and repeatedly.

Be sure to visit and follow News Corpse
on Facebook and Instagram.

And check out my books on Amazon:

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

Thanks so much for your support.

Trump Orders His Cult To ‘Drop Off of Twitter’ and Calls For It To Be Outlawed

Posted by Mark NC on January 4, 2022 at 12:24 pm. 10 Comments :

The brazenly anti-American and anti-democratic compulsions of Donald Trump continue to be exhibited with each new public pronouncement he issues. His aspirations for authoritarianism, and his affinity for brutal dictators, was recently affirmed with his “endorsement” of Hungary’s fascistic Viktor Orbán.

On the heels of that gushing embrace of tyranny, Trump is now giving voice to another of his noxious notions that negates the liberties that define America. In a tweet reacting to Marjorie Taylor Greene’s well deserved suspension from Twitter, Trump lashed out in his typically incoherent and infantile fashion, saying that…

“Twitter is a disgrace to democracy. They shouldn’t be allowed to do business in this Country. Marjorie Taylor Greene has a huge constituency of honest, patriotic, hard-working people. They don’t deserve what’s happened to them on places like low-life Twitter and Facebook. Everybody should drop off of Twitter and Facebook. They’re boring, have only a Radical Left point of view, and are hated by everyone. They are a disgrace to our Nation. Keep fighting, Marjorie!”

If you had to catalog everything that Trump has said is a “disgrace” it would require a bookshelf that spanned the length of Great Wall of China. Which would be convenient because he’s also a big fan fan of Xi Jinping. Due to his pitifully limited vocabulary, Trump has overused the word so much that is has ceased to have any meaning. And as for “democracy.” we’ve already established that that word has no meaning to Trump.

Moving on, Trump grumps that Twitter “shouldn’t be allowed to do business in this Country.” How he proposes to outlaw it isn’t explained. But it’s something that he regretted not doing when he was still occupying the White House. He is currently suing Twitter and other Internet services because that’s just what you’d expect from the King of Cancel Culture. But he is too mentally feeble to grasp that calling for a ban on the constitutional rights of social media platforms that he doesn’t like contradicts his intended, albeit disingenuous, message of free speech.

Defending Greene and her constituency of like-minded Trump cultists, Trump commands his glassy-eyed disciples to “drop off of Twitter and Facebook.” Because surrendering opportunities to express oneself is Trump’s idea of open discourse. He wants his klan to be free of any contrary opinions that might contain some kernal of truth. More likely, he just wants to harm Twitter and Facebook for not kowtowing to his supreme dictates.

However, as usual Trump is lying about Twitter having “only a Radical Left point of view, and are hated by everyone.” All of the objective studies show that these platforms actually favor conservatives. As reported by the Guardian…

“Republicans including Donald Trump have raged against Twitter and Facebook in recent months, alleging anti-conservative bias, censorship and a silencing of free speech. According to a new report from New York University, none of that is true.

“Disinformation expert Paul Barrett and researcher J Grant Sims found that far from suppressing conservatives, social media platforms have, through algorithms, amplified rightwing voices, ‘often affording conservatives greater reach than liberal or nonpartisan content creators’”.

These findings have been confirmed by repeated studies including this one by the Institute for Strategic Dialogue, and this one by the journal Proceedings of the National Academy of Sciences.

Finally, if Twitter is “hated by everyone,” then everyone has a funny way of showing it. The platform currently has more than 200 million users. That’s far more than anything Trump will ever have on his yet to be launched (and bona fide scam), TRUTH Social. Although if Trump wants to herd his devotees into his own disease-ridden corral, we’re all for it. A study conducted after Trump was banned from Twitter showed that “online misinformation about election fraud plunged 73 percent.” So the departure of Trump and his crackpot crusaders can only make the Internet better.

NOTE: Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website, please feel free to do so often and repeatedly.

Be sure to visit and follow News Corpse
on Facebook and Instagram.

And check out my books on Amazon:

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

Thanks so much for your support.

Trump’s Update on His TRUTH(LESS) Social Scam is an Incoherent, Lie-Riddled Mess

Posted by Mark NC on October 26, 2021 at 1:26 pm. 2 Comments :

Last week Donald Trump announced what will surely be his next humiliating business failure. Laughably dubbed “TRUTH Social” – a name that defies the reality of his documented history of pathologically lying – Trump’s stab at social media already shows signs of being a scam contrived to enrich himself and feed his gargantuan but fragile ego.

On Tuesday morning Trump directed Liz Harrington, his Twitter ban defying spokes-shill, to post a tediously rambling elaboration on his proposed social media (cr)app. Not surprisingly, the proclamation was littered with lies and shameless exaltations of himself. It began by asserting that his intentions transcended politics. “This is about saving our country,” Trump prevaricated. He continued saying that…

“America has always been a nation of smart, spirited, and independent people who take pride in thinking for themselves. We admire those who aren’t afraid to speak their minds, or go against the tide. Yet suddenly, we find ourselves being censored and dictated to by a small group of self-righteous scolds and self-appointed arbiters of what everyone else is allowed to think, say, share, and do.”

Oh yes. The undisputed King of Cancel Culture is very concerned about censorship. Trump rails about the alleged banning of doctors, scientists, and journalists (mostly by Trump), in a tirade that leads predictably to himself, whining that “we’ve seen a sitting president of the United States effectively silenced.” We wish! And the last people that Trump cares about are the smart, independent thinkers. As he has told us before, he “loves the poorly educated,” for the ease with which he can fleece the them.

Trump then complains about America having “fallen far down the ‘slippery slope’ of censorship.” This coming from someone who advocates for the censorship of Critical Race Theory, who prohibited the use of the phrase “climate change” by the Department of Energy, who regrets not banning Twitter and Facebook when he was in office, and who “cancels” anyone who is the least bit critical of him.

Trump goes on to unironically ask, “How many Americans no longer trust a word they hear from their leaders?” Maybe that’s because Trump lied so often that it would be easier to count the few number of times he told the truth. Then he asks “How many ordinary citizens have sadly come to resent their neighbors?” Perhaps that’s due to the most divisive public figure in modern times. Trump viciously maligns anyone who isn’t unflinchingly adoring. He insults his foes with vulgar, uninhibited, rancor. He has mainstreamed hate.

Finally, Trump promised that “there will be no shadow-banning, throttling, demonetizing, or messing with algorithms for political manipulation.” In other words, you can lie as much as you want to on Trump’s site without risk of consequences for the very real harm it can cause. For example, Trump’s tweeting about nonexistent election fraud that incited the January 6th insurrection. Or his deadly falsehoods about the coronavirus pandemic. Although the site’s agreement states that it can’t be held liable for anything that a user posts. That’s actually a provision of the Communications Decency Act’s Section 230 that Trump has vehemently opposed.

However, there are exceptions to Trump’s promised “free” speech.. And they are explicitly spelled out in the site’s terms of service that state that users cannot “disparage, tarnish, or otherwise harm, in our opinion, us or the Site.” So in order to use the site you must first agree to never criticize Trump. FREEDUMB!

NOTE: Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website, please feel free to do so often and repeatedly. Also, Be sure to visit and follow News Corpse on Instagram. Thanks for your support.

How Fox News Deceives and Controls Their Flock:
Fox Nation vs. Reality: The Fox News Cult of Ignorance.
Available now at Amazon.

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this: