Trump’s Truth Social Reports Massive Losses and Warns that it Could Go Out of Business

When Donald Trump announced the launch of Truth Social he boasted that it would be bigger and better than anything that had come before it, including Twitter (which some call “X”), the platform that had banned him for trying to incite a violent insurrection. To put it mildly, Truth Social has not lived up to the hype.

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Donald Trump Circling the Drain

The failure of Truth Social doesn’t come as a surprise to anyone who has tracked Trump’s record in business. He has left a trail of bankruptcies, closures, lawsuits, and fraud for decades. And true to form, his Trump Media & Technology Group (TMTG) has produced a website that is neither truthful nor social. In fact, it’s become something of a joke…

SEE THIS: The Biden Campaign is Now on Trump’s Truth Social For Your Entertainment Pleasure

The latest dire news about Truth Social comes from a Securities and Exchange Commission (SEC) filing by the company that reveals its financial frailty. The report paints a pitiful picture of the enterprise’s prospects going forward and reveals that it has lost $31.5 million since it opened for business just two years ago.

“Since launching, former President Donald Trump‘s Truth Social and its parent company Trump Media and Technology Group took in $3.7 million in net sales, and lost tens of millions of dollars.

“The numbers are the first time that any internal financial details on the social platform have been shared publicly, and they suggest that while Trump has made Truth Social his primary social media platform, it has not been translating into meaningful revenue for the tech startup, which is owned by Trump Media & Technology Group (TMTG). […]

“The financial situation of TMTG is such that ‘TMTG’s independent registered public accounting firm has indicated that TMTG’s financial condition raises substantial doubt as to its ability to continue as a going concern,’ according to the filing.”

The filing also notes that “management has substantial doubt that TMTG will have sufficient funds to meet its liabilities,” and that “it may be difficult to raise additional funds.” That’s largely due to the breakdown of TMTG’s plan to merge with Digital World Acquisition Corp (DWAC), a special purpose acquisition company that they hoped would lead to a listing on the stock exchange and a billion dollars in pledged investments. That deal has not only gone south – along with the pledged investments – but DWAC has been tangled up in legal probes alleging fraud and misconduct.

Furthermore, Trump’s latest financial disclosure form reveals that his 90% controlling stake in TMTG is now valued at between $5-$25 million. That’s a decline of more than 97% from the $875 million the venture was valued at when it was announced. And given the brief history of this boondoggle, he’s lucky to have that. It was a scam from the start, and Trump knew it. He even removed himself and Don Jr from the board of TMTG just weeks before subpoenas were served.

Meanwhile, here’s a few recent stories about Trump’s misadventures in social media…

Trump’s Truth Social Continues to Collapse as Its Biz Partner Loses Virtually All of its Funding
The funding partner for TMTG said that it will return the remaining $533 million of the $1 billion raised to finance the venture after investors canceled $467 million of commitments.

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.”

Trump’s Truth Social CEO Whines that Shareholders in His Alt-Twitter Scam Are Being Wiped Out
Nunes visited Newsmax to swing open his tear ducts with mournful moaning about the catastrophic business for which he is the chief executive.

Trump Made Less than $200 on Truth Social According to His FEC Financial Disclosure
As for Trump, he was reported to own 90% of TMTG, which earned him less than $200 according to his financial disclosure. That’s hardly representative of the huge success that Trump has claimed Truth Social to be.

Trump’s ‘Truth Social’ Faces Legal and Financial Turmoil Amid Disclosures of Russian Funding
The report notes that the sources of the funding include the off-shore Paxum Bank, based in the Caribbean island nation, Dominica. It is notorious for “providing banking services for the pornography and sex worker industries, which makes it higher risk of engaging in money laundering and other illicit financing.”

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.

LOCK HIM UP: Trump’s TRUTH Social Scam is Being Criminally Investigated By a Federal Grand Jury
In addition to the Grand Jury proceedings, 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.

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The Biden Campaign is Now on Trump’s Truth Social For Your Entertainment Pleasure

President Biden has been extraordinarily busy in the past couple of weeks. He has been struggling to do the people’s business while the utterly inept Republicans in Congress have crippled the legislative branch with their failure to complete the most common tasks, such as electing electing a Speaker or proposing a platform.

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Donald Trump, Joe Biden

Furthermore, the attack on Israel by the Hamas terrorists has understandably consumed a significant portion of Biden’s time. That’s in addition to the administration’s efforts on behalf of Ukraine, the delicate relations with China, the diplomacy with our international allies, and the many domestic matters that crowd the White House calendar.

Meanwhile, Republicans continue to fritter away their days with purely political posturing and pettiness. Their legislative agenda consists of little more than sham investigations of Hunter Biden and phony “weaponization of government” hearings, that are the true perpetrators of government weaponization. And amidst all of that, their Dear Leader, Donald Trump, remains devoted to doing nothing but posting inanities on his Truth Social scam that is getting closer to bankruptcy every day.

SEE THIS: Trump’s Truth Social Continues to Collapse as Its Biz Partner Loses Virtually All of its Funding

Since the GOP cult is so fixated on Trump and his mindless musings online, the Biden campaign has decided that if you can’t tweet them, why not troll the heck out of them on their own turf. Consequently, they have created an account on Truth Social where they can post some actual truths for the MAGA disciples to ignore and/or freak out about. Here are the first few posts by the Biden campaign that are getting in Trump’s face on his own website…

By contrast, at the same time Trump was posting his dismay at being told by a judge that he cannot continue to intimidate court officials and witnesses. He raged that “A TERRIBLE THING HAPPENED TO DEMOCRACY TODAY – GAG ORDER!” Actually, it’s precisely the same treatment that any other belligerent defendant would get. But in Trump’s perverse perspective it warrants the following bizarre run-on sentence that exhibits just how mentally disturbed he is…

“A Leaking, Crooked and Deranged Prosecutor, Jack Smith, who has a terrible record of failure, is asking a highly partisan Obama appointed Judge, Tanya Chutkan, who should recuse herself based on the horrible things she has said, to silence me, through the use of a powerful GAG ORDER, making it impossible for me to criticize those who are doing the silencing, namely Crooked Joe Biden, and his corrupt and weaponized DOJ & FBI.”

Biden campaign officials told Fox News that “There’s very little ‘truth’ happening on Truth Social, but at least now it’ll be a little fun.” And a statement by Trump campaign spokesperson Steven Cheung, said that, “Crooked Joe Biden and his team are finally acknowledging that Truth Social is hot as a pistol and the only place where real news happens.”

Not exactly. What Biden and his team are acknowledging is that there is a rich mine of troll worthy malarkey on Truth Social and they aim to take full advantage of it. At least until they get banned. It’s not unlike the recent video of Marjorie Taylor Greene itemizing what she considered to be criticisms of Biden’s agenda, but which the Biden campaign reposted verbatim with pride for the broadly popular accomplishments they achieved in their first two years.

UPDATE: Biden Campaign Surpasses Trump Campaign In Followers On Truth Social In Two Days

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Trump’s Truth Social Continues to Collapse as Its Biz Partner Loses Virtually All of its Funding

Donald Trump is a one man crime syndicate who currently has 91 felony counts pending in four criminal indictments. The charges against him range from paying hush money to a porn star, to falsifying business records, to unlawful possession of classified documents, to obstruction of justice, to election interference, to inciting an insurrection, and so much more.

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Donald Trump Circling the Drain

This is an unprecedented display of depravity that more closely resembles the behavior of an inept mob boss than a former president. And it is more than just a legal calamity for Trump. It is an embarrassment to the Republican Party and his cohorts in Congress who still support him and his criminal conduct, and upon whom he is relying for salvation.

RELATED: Scared and Desperate Trump Begs Congress to Save Him From the Meanies Prosecuting His Crimes

Consequently, it should come as no surprise that Trump’s Twitter ripoff, Truth Social, is mired in the same sort of criminal controversies that have followed Trump for decades. And now it is suffering yet another setback as it barrels toward bankruptcy. According to reports

“The funding partner for Trump Media & Technology Group (TMTG) said that it will return the remaining $533 million of the $1 billion raised to finance the venture after investors canceled $467 million of commitments.” […]

“The loss of funding for DWAC [Digital World Acquisition Corp.] appears to be a step backward for the prospective merger between the company and Trump’s media outfit, which runs Truth Social.” […]

“With the loss of the funding, it’s unclear how Trump’s media group, called Trump Media & Technology Group, would finance its operations after the merger. The plan was that DWAC would provide TMTG with a deep pool of funds after the merger was completed.”

TMTG’s CEO, former GOP congressman Devin Nunes, inexplicably called the fund forfeiture “an important step towards…completing our merger,” However, he didn’t bother to explain how the loss of nearly a billion dollars in financing would lead to that end, or how it would benefit shareholders.

For some background, shortly after Truth Social was launched it was tied to DWAC, a special purpose acquisition company (SPAC). The law prohibits SPACs from discussing potential acquisition targets prior to their formation. But laws have never been an impediment to grifters in Trump World. The stock immediately ran up to $175.00, which is where the now indicted investors bailed out with huge gains. The stock now sits at about $15.00.

There are good reasons for the stock’s abysmal performance. The whole enterprise is a sham that can’t grow its user base or attract advertising. Meanwhile, the reputation for illegal activity on Trump’s part has been evident in the affairs of his Truth Social disease. What follows are a just a few of the licentious legal landmarks for the illicit enterprise:

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.”

Trump Files Ludicrous Lawsuit Against the Washington Post for Defaming His Truth Social Scam
Trump has no basis for this suit. For one thing, he is constantly claiming that his Pravda Social is a massive success, greatly eclipsing Twitter. Also, it’s hard to defame a business that began as a fraud and went downhill from there.

Trump’s Truth Social CEO Whines that Shareholders in His Alt-Twitter Scam Are Being Wiped Out
Nunes visited Newsmax to swing open his tear ducts with mournful moaning about the catastrophic business for which he is the chief executive.

Trump Made Less than $200 on Truth Social According to His FEC Financial Disclosure
As for Trump, he was reported to own 90% of TMTG, which earned him less than $200 according to his financial disclosure. That’s hardly representative of the huge success that Trump has claimed Truth Social to be.

Trump’s ‘Truth Social’ Faces Legal and Financial Turmoil Amid Disclosures of Russian Funding
The report notes that the sources of the funding include the off-shore Paxum Bank, based in the Caribbean island nation, Dominica. It is notorious for “providing banking services for the pornography and sex worker industries, which makes it higher risk of engaging in money laundering and other illicit financing.”

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.

LOCK HIM UP: Trump’s TRUTH Social Scam is Being Criminally Investigated By a Federal Grand Jury
In addition to the Grand Jury proceedings, 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.

As a bonus, it turns out that Trump bailed on his crooked company just weeks before subpoenas were served. He removed himself and Don Jr from the board of TMTG and is no longer named as the company’s chairman. What’s more, DWAC agreed to a settlement with the SEC that includes a finding that the company violated anti-fraud laws and will require them to pay an $18 million civil penalty when/if the deal closes. And signaling deeper problems with the SPAC’s finances, its auditor has resigned.

This is par for the course for Trump, whose businesses have a habit of failing after he and a few insiders enrich themselves before the predictable collapse. But anyone investing in a Trump enterprise shouldn’t complain when they go belly up. They should know by now that he is a scam artist who is focused solely on his welfare. And if they don’t see it, it’s because they don’t want to. That’s how cults work.

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Trump Made Less than $200 on Truth Social According to His FEC Financial Disclosure

Two days after the January 6th insurrection that Donald Trump incited, Twitter permanently suspended his account “due to the risk of further incitement of violence.” Elon Musk later reinstated Trump, but he has not posted on Twitter since the suspension was lifted.

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Donald Trump Pacifier Fox

In the meantime, Trump launched Truth Social, a pitiful Twitter clone where he could mouth off interminably and unconstrained by facts or decency. Not surprisingly, it has become just another failure in the Trump stable of ego-driven business ventures. That, however, didn’t stop him and his minions from pretending that it was not only a success, but an Earth shattering advance in the evolution of the human race.

RELATED: Devin Nunes Exalts the Failing Truth Social as ‘The Most Important Creation in Trump’s Career’

In reality, Truth Social has been a fiasco on every level. It has lost money, failed to attract users, betrayed its promise of free speech, stiffed its vendors, and is mired in multiple legal quagmires. Currently Truth Social’s corporate holding company, Trump Media and Technology Group (TMTG), and Digital World Acquisition Corp (DWAC), the shell company created to take TMTG public, are being criminally investigated by a federal Grand Jury and the Securities and Exchange Commission. And DWAC’s stock has declined a whopping 87% in a little over a year.

RELATED: Trump’s ‘Truth Social’ Faces Legal and Financial Turmoil Amid Disclosures of Russian Funding

On Friday Trump finally filed his financial disclosure report to the Federal Election Commission – a month late after three extensions – and it contained some interesting details. Among them, Truth Social is valued at between $5 million and $25 million. Which is curious considering that DWAC has allegedly raised pledges of more than a billion dollars. However, none of that funding will go through if the deal to merge DWAC and TMTG fails to materialize, which looks doubtful.

As for Trump, he was reported to own 90% of TMTG, which earned him less than $200 according to his financial disclosure. That’s hardly representative of the huge success that Trump has claimed Truth Social to be. To the contrary, it’s evidence that the platform is an abysmal failure, despite Trump’s utterly dishonest cheerleading.

SEE THIS: Trump Posts Hysterical Lie that ‘Everyone is Watching’ His Failing Twitter Ripoff, Truth Social

The rest of Trump’s financial disclosure wasn’t much better. It revealed that his income was mostly generated from grifting operations such as his digital trading card NFTs, that earned him between $100,000 to $1 million. He also claimed to have more than $5 million in income from speaking engagements. And he reported royalties of between $100,000 and $1 million for his old book, “The Art of the Deal.” Although he also reported that most of his other books drew royalties of less than $200.

Perhaps most troubling is that he claimed to have received $5 million in royalties from a Saudi real estate company to build a Trump hotel, villa and golf course in Oman. Note that he is not the builder. These are just royalties for the use of his name, for a project that may never get off the ground. So what are the Saudis really paying him for?

What this financial statement reveals is something that longtime Trump watchers already know: He is a conman and a grifter and a failure who has never been the business genius he pretends to be. It also proves that he is nowhere close to being a billionaire, as he claims. But not to worry. His most ardent cult disciples will continue to believe that he’s the second coming of the messiah. Because that’s what cult disciples do. The rest of the nation – and the world – will see him for the fraud is, and has always been.

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Fox News Wonders What Horror Biden Is Up To By Communicating With Young People On Social Media

The Biden administration is reported to be considering expanding its outreach to younger Americans by holding briefings for popular social media personalities, known as “influencers.” These briefings would be separate from those held in the White House Briefing Room for conventional media.

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Fox News, Joe Biden

Naturally, any new idea floated by President Biden or the Democratic Party is immediately pounced on by Fox News as something nefarious with an ulterior motive that Fox portrays as sinister. In this case, Fox News is very concerned that Biden is trying to communicate effectively with young people, Something that Fox News is particularly bad at.

RELATED: Fox News Says Biden is ‘Compromised’ Because He Revoked Trump’s Non-Existent Ban on TikTok

To counter this malicious method of messaging, Fox News anchor Martha MacCallum invited the Republican governor if Iowa, Kim Reynolds, to discuss the rumors. MacCallum is regarded by Fox to be one of their alleged “news” reporters. That has never been true, and she demonstrates why in this exchange with the Governor…

MacCallum: I think a lot of viewers, a lot of people, a lot of adults, don’t really understand the influence of TicTok. These folks on TikTok have huge followings. They tell people what they should eat, what they should buy, what they should wear, and more powerfully I think in the midterms, who they should vote for and what issues should be important to them regardless of any fact check going on what they’re saying. So how seriously do you take this is if the Biden team decides to really implement, use these people in 2024?
Reynolds: I think the hypocrisy that continues out of the Biden administration, and with Democrats across this country, is just ridiculous.

Let’s set aside Reynolds’ response that totally avoids the question in order to fling the word “hypocrisy” around without any relationship to the subject. MacCallum’s concerns about social media “influencers” sound awfully familiar. Can you think of any other media enterprise that tells people how they should eat, dress, and vote?

If you said “Fox News,” congratulations. You’re not brain dead. Fox News also has a huge following (although mostly seniors), and regularly complains about what they call “woke” companies that you should refrain from patronizing. For instance, you must not eat M&Ms, or drink Bud Light, or wear Nikes, or visit Disneyland. And they spend 90% of their airtime advising their glassy-eyed audience to vote only for certified conservative Republicans.

Fox also tells their viewers what issues are important, or by omission, which are not. Recently Fox News buried the story of the Texas judge who ruled against the FDA approval of the abortion pill. From April 7 through 10, Fox provided all of 27 minutes to the story, while MSNBC and CNN each had seven hours of reporting. Likewise, Fox News minimally reported on Supreme Court Justice Clarence Thomas accepting hundreds of thousands of dollars worth of undisclosed gifts from a right-wing billionaire.

RELATED: Fox News Blacks Out Story of Clarence Thomas Secretly Taking Luxury Gifts From GOP Billionaire

The reports that the Biden White House is planning on having dedicated briefings for social media influencers are greatly exaggerated. White House Press Secretary, Karine Jean-Pierre declined to confirm any such plans. But she did note that, informally, it’s “something that we do all the time, from the President on down, is talk to influencers and try to meet the American people where they are to reach them in a different way.” As examples, there were such briefings last year on the war in Ukraine, and on the Inflation Reduction Act.

There are good reasons to implement an outreach program that caters to social media. Studies show that “Nearly 40% of Gen Z prefers TikTok and Instagram over Google Search, according to Google’s own internal data.” And it makes sense to try to reach citizens where they actually are. And for younger citizens who are wary of mainstream media, that’s on platforms like TikTok. But, not surprisingly, that’s too difficult a concept for the fogies on Fox to grasp. So they condemn it. Even though Donald Trump has his own pitifully failing social media platform.

SEE THIS: Trump’s ‘Truth Social’ Faces Legal and Financial Turmoil Amid Disclosures of Russian Funding

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Trump’s ‘Truth Social’ Faces Legal and Financial Turmoil Amid Disclosures of Russian Funding

Truth Social, the website that Donald Trump launched after Twitter suspended him “due to the risk of further incitement of violence,” has had a rocky existence from its inception. It’s first days were marked by technical failures and user frustration. And it was all downhill from there.

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This week it was revealed that Truth Social may have been the beneficiary of millions of dollars of investments from Russian sources who are connected to Vladimir Putin. The Guardian reports that…

“Federal prosecutors in New York involved in the criminal investigation into Donald Trump’s social media company last year started examining whether it violated money laundering statutes in connection with the acceptance of $8m with suspected Russian ties, according to sources familiar with the matter.” […]

“The expanded nature of the criminal investigation, which has not been previously reported, threatens to delay the completion of the merger between Trump Media and DWAC, which would provide the company and Truth Social with up to $1.3bn in capital, in addition to a stock market listing.”

The report notes that the sources of the funding include the off-shore Paxum Bank, based in the Caribbean island nation, Dominica. It is notorious for “providing banking services for the pornography and sex worker industries, which makes it higher risk of engaging in money laundering and other illicit financing.” These revelations compound both the financial and legal ordeals of Truth Social. It is already being investigated for various alleged corrupt activities.

RELATED: LOCK HIM UP: Trump’s TRUTH Social Scam is Being Criminally Investigated By a Federal Grand Jury

What’s more, the shell company that Trump planned to use to get Truth Social’s parent corporation, Trump Media and Technology Group (TMTG), on the stock market is itself being threatened with being delisted. Digital World Acquisition Corp (DWAC) recently received a notice from NASDAQ warning them of the pending action. It’s stock price has declined nearly 90%.

In advance of that, Trump, hoping to avoid personal liability, removed himself and Don Jr from the board of TMTG. However, if the DWAC deal doesn’t go through, Trump won’t be able to pocket the billions of dollars that have been raised by his criminal cronies.

Trump’s interest in Truth Social has always been focused more on enriching himself and getting retribution for having been banished from Twitter. It was a scam that never had any credible prospects for success. That was evident in Trump’s hiring of former congressman Devin Nunes to run the venture. Nunes had no experience whatsoever in media or technology, and it shows. But he was and is a devoted Trump-fluffer.

Truth Social’s business model is based on advertising. However, it has utterly failed to build a viable stream of ad revenue. According to an exhaustive study by the New York Times, the platform has only been able to attract interest from “hucksters and fringe marketers.” “Ads from major brands are nonexistent on the site,” the Times found, and that instead “the ads on Truth Social are for alternative medicine, diet pills, gun accessories and Trump-themed trinkets.”

SEE THIS: Truth Social Disease: Ads on Trump’s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch

As an example of the bogus product pitches on Truth Social is an ad for a blatantly racist, and thoroughly worthless, Trump keepsake: A Trump-branded White Privilege Card:

UPDATE: In the midst of all this turmoil, DWAC has just fired their CEO, Patrick Orlando.

And that about sums up the decrepit state of affairs at Truth Social. For more on what is perhaps the biggest flop on Trump’s long resume of failures, see these related stories…

UPDATE: DWAC and the SEC have reportedly reached an agreement regarding the company’s merger deal with TMTG. According to CNN, “If it’s approved, the SEC will enter a cease-and-desist order with the company, finding DWAC violated ‘antifraud provisions’ connected to initial public offering filings. [and] If DWAC amends its IPO filings, it will have to pay the SEC an $18 million civil penalty after the closing of any merger deal.”

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Herr Trump Embraces Fascist GOP Threats to Regulate Twitter and Arrest Their Executives

During his brief but abominable occupation of the White House, Donald Trump distinguished himself from his predecessors by relentlessly expressing his aversion to the free press and the Constitution. He repeatedly referred to the media as “the enemy of the people,” and more recently literally called for termination of the Constitution.

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Donald Trump, QAnon, Dictator

On Wednesday the newly GOP-led House Oversight Committee held a hearing to finally get to the bottom of the Scandal of the Century, Hunter Biden’s stolen laptop. Specifically the Committee sought to prove that the pre-Elon Musk Twitter regime had deliberately skewed their policies to adversely affect conservatives and Republicans and, especially Donald Trump.

The Republicans staged a shamelessly shallow exercise in feigned outrage over imaginary offenses that was triggered by the embarrassingly ineffective attempt by Musk’s “Twitter Files” “exposé” to unveil political bias on the part of Twitter’s previous staff.

RELATED: OH-MY: Trump Unleashes Vile Threats in Tantrum Over Elon Musk’s ‘Twitter Files’ Farce

Notable during the avalanche of asininity on the part of Republican members of the Committee, were the remarks by Clay Higgins of Louisiana. When it was his turn to question the Twitter executives who were summoned before the Committee to testify, Higgins launched into an unhinged flurry of baseless accusations and culminating in outright threats:

“You, ladies and gentlemen interfered with the United States of America 2020 presidential election, knowingly and willingly. That’s the bad news. It’s gonna get worse because this is the investigation part. Later comes the arrests part. Your attorneys are familiar with that.”
Marjorie Taylor Greene said the same thing.

What we have here is a member of Congress threatening to have witnesses arrested for unspecified crimes for which he has no evidence ever occurred. What Higgins is asserting as criminal is the exercise of the constitutional rights of a private social media company to moderate the content on its website. It is wholly inappropriate intimidation by a government official seeking to coerce the behavior of individuals to comply with his political beliefs.

That sort of authoritarian bullying is generally reserved for tyrants and dictators, and those who seek to emulate them. And speaking of Donald Trump… He was thrilled to see how Higgins browbeat the Twitter execs. He posted a video of Higgins along with with his approval on his pitifully failing Twitter ripoff, Truth Social, saying that…

“Finally we have people with courage stepping forward! The Election was Rigged and Stolen, in so many ways – A mockery of our fully weaponized ‘Justice’ system.”

[For the record, the tweet that Trump was so appalled by that he wanted Twitter staff arrested was by supermodel Chrissy Teigen, who called Trump a “PAB” (look it up) for being too cowardly to tag her in his tweet that insulted her]

Of course, there was nothing in Higgins remarks – or in the entirety of the hearing – that even hinted at any evidence that the “Election was Rigged and Stolen.” To the contrary, Democrats on the Committee conclusively proved that the only bias by Twitter was in favor of Trump and the GOP. Even worse, in questioning by Rep. Gerry Connolly (D-VA) it was affirmed that only the Trump White House ever attempted to direct Twitter to censor content. And it did so with an overt threat that, “We’ll shut you down. We’ll regulate you. We Will never allow this to happen.”

That is an example of unambiguous government suppression of a free press and a violation of the First Amendment. Nevertheless, Rep. Jim Jordan tried to turn the tables by accusing the Biden campaign of censorship simply because they made a request for Twitter to review certain offensive tweets. Jordan’s argument, however, was ridiculous. He claimed that asking Twitter to review whether tweets were in compliance with their own terms of service was censorship.

Obviously, it’s not against the First Amendment to ask a company to review content based on the company’s own standards. What’s more, the Biden campaign not only didn’t accompany their requests with threats, they weren’t even in power at the time, so they had no clout with which to threaten. And yet this is the scenario in which Trump posted a comment urging his cult to “Watch the Twitter hearings going on right now in Washington. They admit that the Presidential Election of 2020 was RIGGED & STOLEN!”

Naturally Trump is lying. No such admission occurred in the hearing. But Trump’s flagrant dishonesty is precisely the sort of provocation that resulted in the riots in Washington on January 6th. And his continued presence on social media (both Twitter and Facebook recently reinstated his accounts) will predictably result in more violence.

RELATED: Why Elon Musk Restoring Trump’s Twitter Account is Ignorant, Dangerous, and Hypocritical

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Fox News Says Biden is ‘Compromised’ Because He Revoked Trump’s Non-Existent Ban on TikTok

In a time of political turmoil, there is one thing that everyone can rely on with the utmost certainty. Fox News is going to spend the next couple of years feverishly fabricating defamatory fiction about President Biden. Whether or not he runs for reelection in 2024, the Fox News Bullshit Factory will be running on full steam to malign Biden and undermine democracy.

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Fox News, Joe Biden, Fake News

On Monday morning, Fox News contributor and former GOP congressman, Sean Duffy (whose wife, Rachel Campos-Duffy, is a Fox News host), was the token male on Fox’s “Outnumbered.” The subject for one segment was what to do about the nefarious Chinese social media app, TikTok.

Duffy began his fairy tale spinning with a wholly unsupported assertion that it wasn’t TikTok, but members of Congress with access to classified information who are a “security risk.” His reasoning was that they are using two phones, one of which is personal and is disseminating info to China. Duffy doesn’t provide any evidence of this, but as a former congressman, he might just be talking about his own behavior when he served. And Fox and the GOP are mighty perturbed about China these days.

RELATED: Pathological Liar Trump Denies Pentagon Reports of Chinese Balloons Over U.S. During His Term

Following that, Duffy segues to an accusation that President Biden must be “compromised” because he “got rid of the Trump ban on TikTok.” “I’m a Joe Biden is compromised guy,” Duffy bragged, “otherwise he wouldn’t have done it.”

There is, however, a small problem with Duffy’s accusation. While Donald Trump did issue an executive order calling for TikTok to be banned if its Chinese owner, ByteDance, didn’t sell it, the order was never implemented, and was struck down by a federal court. What Biden did was to revoke Trump’s invalid and illegal executive order, and issue another in its place that complied with the law. Biden’s order specified that a security risk would be considered when apps were owned or controlled by foreign adversaries, or if the apps collected sensitive personal data.

Duffy went on to contradict himself and his criticism of Biden by noting the risks of banning TikTok from the Apple and Google app stores. He correctly noted that if Apple ceased to offer TikTok, China might retaliate by shutting down Apple’s computer and iPhone factories in China. “If they take TikTok off their app store,” Duffy said, “China will retaliate and, all of a sudden, you may not be able to buy an iPhone or a computer.”

It’s difficult to figure out just what Duffy is complaining about. First he’s appalled that Biden might allow TikTok to continue operating in the U.S. Then he’s fearful of losing his iPhone if measures were taken to ban TikTok. So which is it? Is Biden compromised by China, or should Biden be compromising with China?

Don’t look for Duffy or Fox News to answer that question. They have never been particularly concerned about national security. Especially as it regards Trump, who was known to have used private, unsecured phones while he was president. Nor would they be covering for Trump who stole hundreds of classified documents and stored them at his hotel/home, Mar-a-Lago.

RELATED: Trump v Biden: Their Reactions to Special Counsels Reveals Who’s Innocent and Who’s Scared

Yet somehow, to Fox News, Biden replacing Trump’s unlawful TikTok ban with a legally valid review process means he’s compromised by China – where Trump had a secret bank account while in the White House. And despite these facts, we can expect many more attacks on Biden between now and the 2024 election. It’s what they do.

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Trump Post Urges His Cult Followers to Take Up Arms and ‘Physically Fight’ for the Presidency

Just in case there was anyone who is still uncertain if Donald Trump advocates violence in his lust for power and adulation, the twice-impeached, former reality TV game show host made his intentions clear in a post on his floundering Twitter ripoff, Truth Social.

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Donald Trump Insurrection

Among Wednesday’s posting frenzy that included scads of his typical whining, personal attacks, election lies, lame legal defenses, and pathetic self-exaltations, Trump re-posted a comment by one of his glassy-eyed cult followers that should concern every American.

It was an explicit call for, and advocacy of, violence and armed uprising against Democracy. The post was a reply to another Trumpist who speculated about the prospect of Ron DeSantis – or anyone other than Trump – winning the 2024 Republican presidential primary…

“Then they will have to figure out how to fight 80,000,000 + it’s not going to happen again. People my age and old will physically fight for him this time. What we got to lose? I’ll donate the rest of my time here on this planet to do it. And I know many many others who feel the same. They got my 6 and we Are Locked and LOADED”

There is nothing ambiguous about that comment. The poster is blatantly advocating an armed assault during the primary on behalf of Trump with his call to “physically fight” and be “Locked and LOADED.” It is an open embrace of domestic terrorism. And Trump obviously agrees with this anti-American depravity.

This sort of unbridled hostility isn’t new for Trump, After all, he gleefully watched as his cult followers engaged in a violent insurrection against the United States on January 6, 2021. He encouraged them as they threatened members of Congress and sought to hang his Vice-President, Mike Pence. He eventually told the rioters that he loved them. And he has since promised to pardon any of those who were arrested for their criminal conduct.

RELATED: Trump Promises to Halt the Prosecutions of the January 6th Mob He Incited to Attack Congress

In the past couple of weeks Twitter and Facebook have restored Trump’s accounts after having suspended him for inciting violence and disseminating dangerous disinformation about election fraud and COVID. That was a terrible mistake that could have been easily predicted to result in further harm to innocent people and to the nation.

Now Trump is proving that he is unfit to be permitted to spread his malicious lies and overt hate speech in public forums. He is telegraphing what he will advocate if/when he returns to social media platforms that are unwilling to take common sense measures to safeguard their users from his malevolence. And when he ultimately sinks to the depths that he is known to inhabit, Twitter and Facebook will share the blame for any harm that comes from it.

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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. And you can follow me on Mastodon here.

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Truth Social Disease: Ads on Trump’s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch

Two years ago Facebook, Twitter, and other social media sites, suspended Donald Trump’s accounts. They correctly assessed that his relentless lies about election fraud were likely to incite more violence, and that his dangerous disinformation about COVID would result in more needless fatalities. As a result, Trump launched his own platform to seek the attention that his ego so desperately craved.

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Donald Trump, Snowflakes

Consistent with his prior business and political misadventures, Trump’s Twitter ripoff, Truth Social, has been a spectacular failure from its inception. Its buggy launch was plagued with crashes and frustrated users who couldn’t log in. Fake accounts and imposters overran the joint. It is the subject of criminal probes by the Securities and Exchange Commission and a Grand Jury in New York. And the shell company it partnered with to go public, Digital World Acquisition Corp (DWAC), suffered an 85% decline in stock value over the past ten months.

So now that Facebook and Twitter have caved in and are restoring Trump’s accounts – which is profoundly ignorant, dangerous, and hypocritical – it’s not surprising that he is itching to resume tweeting.

SEE THIS: Trump is Said to Be Plotting His Return to Twitter, Affirming that Truth Social is a Flop

However, all is not well in Trumpville. The New York Times has done an exhaustive analysis of the advertising that appears on Truth Social that makes it look more like it’s contracted a Truth Social disease. Major advertisers are avoiding it like the plague.

Similar to what is happening on Twitter due to Elon Musk’s gross mismanagement, 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. According to the Times, the site is rampant with…

“…many pitches from hucksters and fringe marketers […and…] Ads from major brands are nonexistent on the site. Instead, the ads on Truth Social are for alternative medicine, diet pills, gun accessories and Trump-themed trinkets, according to an analysis of hundreds of ads on the social network by The New York Times.”

The Times provided a collection of some of the bogus ads that appeared on the site. One particularly loopy example showed “Trump holding a $1,000 bill made of gold, which he was apparently offering free to supporters.” […however…] “The bill was not free, it was not made of gold, and it was not offered by Mr. Trump.” Another example featured a fake tweet of President Biden threatening to ban a $2.00 bill with Trump’s face on it.

That’s the sort of garbage you’re left with when a site is abandoned by reputable advertisers. The mass exodus was noted last year in a tweet by by GOP Rep. Marjorie Taylor Greene (R-QAnon) who was appalled at what she bizarrely called “corporate communism.”

SEE THIS: UH-OH: Marjorie Taylor Greene Fears ‘Corporate Communism’ of Advertisers Leaving Musk’s Twitter

Some additional points made in the Times article include that…

  • Truth Social “is burning through about $1.7 million each month … And two federal investigations have put about $1.3 billion of much-needed funding in jeopardy.”
  • “Truth Social has a relatively small user base and many older users, who are less desirable for the brands.”
  • “Marketers have complained that Truth Social’s ad-serving technology … offers limited tools for tracking an ad’s performance […or the ability to…] prevent their ads from appearing near words or phrases that might upset customers.”
  • “In a reflection of the wariness that brands have over Mr. Trump and his politics, the word ‘Trump’ ranked as the 11th most common blacklisted term provided by advertisers in 2019.”
  • “Over time, the low-quality ads on Truth Social have irritated its own users, who have complained to Mr. Trump after repeatedly seeing the same disturbing images or after falling for misleading gimmicks. ‘Can you not vet the ads on Truth?’ asked one user in a post directed at Mr. Trump. ‘I’ve been scammed more than once.'”

So as Trump commences his pursuit of the 2024 Republican presidential nomination, he is simultaneously struggling with the dire prospects of the online platform that he hoped would juice his campaign. And those aren’t even the worst of his problems. He is also being investigated by multiple state and federal prosecutors for crimes related to his incitement of the January 6th insurrection, election interference, and financial and tax fraud.

Sean Hannity of Fox News provided a helpful list of many of the probes that are currently being conducted about Trump. In the meantime, here are some articles about the slow and painful demise of Truth Social…

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.

And you can follow me on Mastodon here:.

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.