{"id":62757,"date":"2024-08-27T13:53:33","date_gmt":"2024-08-27T20:53:33","guid":{"rendered":"https:\/\/www.newscorpse.com\/ncWP\/?p=62757"},"modified":"2024-08-28T03:27:05","modified_gmt":"2024-08-28T10:27:05","slug":"circling-the-drain-trumps-truth-social-craters-since-the-kamala-harris-speech-at-the-dnc","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=62757","title":{"rendered":"Circling the Drain: Trump&#8217;s Truth Social Craters Since the Kamala Harris Speech at the DNC"},"content":{"rendered":"<p>The campaign strategies of Donald Trump have always rested on his dystopian nightmares of what the world will become without his divine direction as dictator. He credits himself with every positive occurrence that happens whether he is in office or not. And he blames his foes for any negative outcomes even when he is obviously at fault.<\/p>\n<p style=\"text-align:center\"><strong><a href=\"https:\/\/twitter.com\/intent\/tweet?text=Trump's Truth Social Craters Since the Kamala Harris Speech at the DNC, While the Dow Rises%0D&#038;url=https:\/\/www.newscorpse.com\/ncWP\/?p=62757\" rel=\"noopener\" target=\"_blank\">Click here to Tweet this article<\/a><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newscorpse.com\/Pix\/Trump\/trump-drain.jpg\" alt=\"Donald Trump Circling the Drain\" width=\"550\" height=\"296\" class=\"aligncenter size-full wp-image-45948\" \/><\/p>\n<p>The acute case of malignant narcissism that Trump suffers from leads him to wallow in a constant stew of psychoses alternating between victimhood and delusions of grandeur. All the while he fantasizes about triumphing over his opponents with villainous glee and powers that he doesn&#8217;t have.<\/p>\n<p><strong>SEE THIS: <a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=62738\" rel=\"noopener\" target=\"_blank\">Wannabe Dictator Trump Seeks to Cancel Kamala Harris asking: \u2018What Gives Her the Right to Run?\u2019<\/a><\/strong><\/p>\n<p>Lately Trump has been fear mongering about a 1929-style stock market crash if Kamala Harris is elected. He&#8217;s also claiming that the Market&#8217;s steady rise is due to investors believing that he will return to the White House. For instance, Trump said this just two weeks ago&#8230;<\/p>\n<blockquote><p>&#8220;Many people say that the only reason the stock market is up is because people think I am going to win. Did you ever hear that? But there was one day a couple of weeks ago when they were not thinking that and you saw what happened. This will be a 1929 crash.&#8221;<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Trump: Many people say that the only reason the stock market is up is because people think I am going to win. But there was one day a couple of weeks ago when they were not thinking that and you saw what happened <a href=\"https:\/\/t.co\/mQU5eH3tAW\">pic.twitter.com\/mQU5eH3tAW<\/a><\/p>\n<p>&mdash; Acyn (@Acyn) <a href=\"https:\/\/twitter.com\/Acyn\/status\/1823822984110620738?ref_src=twsrc%5Etfw\">August 14, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>These self-serving and ignorant remarks raise three salient points:<\/p>\n<ul>\n<li>1) He&#8217;s been predicting a Stock Market crash for years without it ever coming to pass. He did it when he was running against both Hillary Clinton and Joe Biden.<\/li>\n<li>2) It&#8217;s ridiculous to say that stock values trade on speculation about partisan politics, rather than earnings and the economy.<\/li>\n<li>3) Why would investors think that Trump is going to win when Harris has taken the lead in virtually every poll and has all of the momentum?<\/li>\n<\/ul>\n<p>Let&#8217;s just set aside Trump&#8217;s preposterous prophecies about the Market and instead take a look at the real world results of an enterprise that he actually has some influence over. His Trump Media and Technology Group (DJT) is the parent company of his floundering social media scam, Truth Social. And its recent performance is an illuminating indicator of his fabled business acumen.<\/p>\n<p>Just in the few days since Kamala Harris delivered her nomination acceptance speech at the Democratic National Convention, Trump&#8217;s stock has declined 18%. In the same time frame the Dow Jones index rose 1.3%. And taking a broader view, DJT dropped precipitously in the past three months since the stock became publicly traded. It is down a whopping 57%, while the the Dow is up 6.6%.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Take a look at what has happened to Trump&#39;s Truth Social stock (DJT) recently. So sad. <a href=\"https:\/\/t.co\/BjleeJ5bR0\">pic.twitter.com\/BjleeJ5bR0<\/a><\/p>\n<p>&mdash; News Corpse (@NewsCorpse) <a href=\"https:\/\/twitter.com\/NewsCorpse\/status\/1828515254164431287?ref_src=twsrc%5Etfw\">August 27, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>UPDATE:<\/strong> Adding to the pressure on the stock price of Trump&#8217;s media scam is that its own executives (CEO Devin Nunes, COO Andrew Northwall, CFO and treasurer Juhan Phillip) are <strong><a href=\"https:\/\/finance.yahoo.com\/news\/truth-social-exec-dumps-stock-145822626.html\" rel=\"noopener\" target=\"_blank\">selling huge chunks of their shares<\/a><\/strong>. Perhaps that is their attempt to bail out before Trump has a chance to sell his shares, which isn&#8217;t until September 20.<\/p>\n<p>The troubles that are drowning Trump&#8217;s website and stock are nothing new. What follows is a partial collection of the tribulations &#8211; financial and legal &#8211; that his failing enterprise has endured.<\/p>\n<blockquote><p><strong><a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=62568\" rel=\"noopener\" target=\"_blank\">LOSER Trump\u2019s Truth Social is Well on its Way to Becoming His Next Bankruptcy<\/a><\/strong><br \/>\nTrump Media reported net sales of $836,000, down 30% vs. a year earlier. It was the third straight quarter of roughly $800,000 in revenue, up slightly from Q1\u2019s $770,500. Operating costs soared to $19.5 million vs. $4.9 million a year earlier.<\/p><\/blockquote>\n<blockquote><p><strong><a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=62402\" rel=\"noopener\" target=\"_blank\">Trump&#8217;s Truth Social is Shedding Users Like a Miserable Childless Woman&#8217;s Mangy Cat<\/a><\/strong><br \/>\nThe Donald Trump-controlled Truth Social platform recorded its third straight month of declining traffic. Truth Social attracted 2,112,000 unique visitors, down 38% compared to June 2023 when the site generated 3,407,000 unique visitors. It was the platform\u2019s second worst traffic performance since June 2022 when Truth Social had only 1,891,000 unique visitors.<\/p><\/blockquote>\n<blockquote><p><strong><a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=61512\" rel=\"noopener\" target=\"_blank\">Are Trump\u2019s Nazi Videos and Hateful Posts Why Truth Social Lost $327 Million and 19% of Users?<\/a><\/strong><br \/>\nIn the just first quarter of 2024 TMTG lost $327 million on revenue of less than $1 million. Which makes its stock valuation of $6 billion something of a joke. What\u2019s more, Truth Social lost nearly 20% of their active users in the past year.<\/p><\/blockquote>\n<blockquote><p><strong><a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=60190\" rel=\"noopener\" target=\"_blank\">Trump&#8217;s Truth Social is Revealed to Be Another Terribly Risky Trump Scam &#8211; By Its Own Prospectus<\/a><\/strong><br \/>\nA quick look at the company\u2019s prospectus should frighten off any astute investors. It is exposed as &#8220;a high-risk, speculative operation with few hard numbers behind it. It\u2019s already the subject of subpoenas, from regulators and a grand jury, even though it\u2019s barely off the ground.&#8221;<\/p><\/blockquote>\n<blockquote><p><strong><a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=57278\" rel=\"noopener\" target=\"_blank\">Trump Crime Syndicate: Investors Arrested for Insider Trading in Failing Truth Social Scam<\/a><\/strong><br \/>\nTrump&#8217;s associates in his truthless, anti-social media venture were arrested and charged with insider trading. Reports indicate that <em>&#8220;the three individuals together made more than $22 million in illegal profits.&#8221;<\/em><\/p><\/blockquote>\n<blockquote><p><strong><a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=56201\" rel=\"noopener\" target=\"_blank\">Truth Social Disease: Ads on Trump\u2019s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch<\/a><\/strong><br \/>\nAdvertisers 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.<\/p><\/blockquote>\n<p><strong>RELATED STORIES:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=62722\" rel=\"noopener\" target=\"_blank\">BONKERS TRUMP Calls Fox News to Whine and Lie Following the Kamala Harris Convention Speech<\/a><\/li>\n<li><a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=62624\" rel=\"noopener\" target=\"_blank\">TRUMP IS TOAST: The Washington Post\u2019s Laundry List of Trump\u2019s Increasingly Bizarre Claims<\/a><\/li>\n<li><a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=62612\" rel=\"noopener\" target=\"_blank\">Trump is Losing to Kamala Harris, Who He Says is Dumb, Low IQ \u2013 What Does that Say About Trump?<\/a><\/li>\n<\/ul>\n<blockquote>\n<div>\n<p style=\"text-align:center\"><strong>Be sure to visit and follow News Corpse<br \/>\non <a href=\"https:\/\/twitter.com\/NewsCorpse\" rel=\"noopener\" target=\"_blank\">Twitter<\/a> and <a href=\"https:\/\/www.facebook.com\/NewsCorpse\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/www.instagram.com\/newscorpse\/\" target=\"_blank\" rel=\"noopener\">Instagram<\/a> and <a href=\"https:\/\/www.threads.net\/@newscorpse\" rel=\"noopener\" target=\"_blank\">Threads<\/a>.<\/strong>\n<\/p>\n<p style=\"text-align:center\"><strong>And check out my books on Amazon:<\/strong>\n<\/p>\n<p style=\"text-align:center\"><strong><a href=\"http:\/\/amzn.to\/2aOYFpM\" target=\"_blank\" title=\"\" rel=\"noopener\">Fox Nation vs. Reality:<br \/>\nThe Fox News Cult of Ignorance.<\/a><\/strong>\n<\/p>\n<p style=\"text-align:center\"><strong>Thanks so much for your support.<\/strong><\/p>\n<\/div>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The campaign strategies of Donald Trump have always rested on his dystopian nightmares of what the world will become without his divine direction as dictator. He credits himself with every positive occurrence that happens whether he is in office or not. And he blames his foes for any negative outcomes even when he is obviously [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":45948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[152,1,1200,11],"tags":[633,554,1140,1357,1320,1458],"class_list":["post-62757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-election","category-general","category-politics","category-socialmedia","tag-dnc","tag-donald-trump","tag-election","tag-kamala-harris","tag-stock-market","tag-truth-social"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-drain.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-gkd","jetpack-related-posts":[{"id":62643,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=62643","url_meta":{"origin":62757,"position":0},"title":"Trump Makes a Pitifully Impotent Attempt to Drive a Wedge Between Kamala Harris and Joe Biden","author":"Mark NC","date":"8\/15\/2024","format":false,"excerpt":"The desperation in Donald Trump has been oozing out of every pore in his corpulent body ever since Kamala Harris became his opponent for the presidency. Trump was primed to run against Joe Biden with a barrel full of age-related assaults that he must now discard. He never had a\u2026","rel":"","context":"In &quot;Election&quot;","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"Donald Trump Pacifier Fox","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-phone-pacifier-fox.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-phone-pacifier-fox.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-phone-pacifier-fox.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62911,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=62911","url_meta":{"origin":62757,"position":1},"title":"From Cat Ladies to Cat Eaters: The Trump Cult is Sick, Twisted, and Totally Removed From Reality","author":"Mark NC","date":"9\/9\/2024","format":false,"excerpt":"The madness of the Donald Trump cult seems to descend to ever new lows with each passing day. It's a social phenomenon that occurs occasionally when society's most gullible rubes are persuaded by fear mongering and ludicrous lies to follow a wannabe messiah who doesn't care about anything but himself.\u2026","rel":"","context":"In &quot;Election&quot;","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"Donald Trump Zombie","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-zombie.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-zombie.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-zombie.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62780,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=62780","url_meta":{"origin":62757,"position":2},"title":"Trump Thanks White Nationalist as a &#8216;Great Journalist&#8217; for His Sexist Attack on Kamala Harris","author":"Mark NC","date":"8\/30\/2024","format":false,"excerpt":"After whining for weeks that Kamala Harris had not subjected herself to a media inquisition since becoming the Democratic presidential nominee, Trump and his MAGA minions are still unsatisfied following her interview with CNN's Dana Bash. However, what is probably most disappointing for them is that she conducted herself admirably,\u2026","rel":"","context":"In &quot;Election&quot;","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"Donald Trump, MAGA","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-klan-maga.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-klan-maga.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-klan-maga.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":63547,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=63547","url_meta":{"origin":62757,"position":3},"title":"Trump Held a &#8216;Press Conference&#8217; Where He Took No Questions and Gets Fact-Checked By &#8211; Fox News?","author":"Mark NC","date":"10\/29\/2024","format":false,"excerpt":"One of the best indicators that the Donald Trump campaign has suffered yet another catastrophic collapse is the scheduling of an emergency media event to stir in some irrelevancies intended to deflect from the damage he's done. 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