{"id":65052,"date":"2025-02-04T14:42:18","date_gmt":"2025-02-04T22:42:18","guid":{"rendered":"https:\/\/www.newscorpse.com\/ncWP\/?p=65052"},"modified":"2025-02-06T11:47:03","modified_gmt":"2025-02-06T19:47:03","slug":"trump-wants-to-run-america-like-his-businesses-trump-media-and-crypto-that-are-crashing","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=65052","title":{"rendered":"Trump Wants to Run America Like his Businesses &#8211; Trump Media and Crypto &#8211; That are Crashing"},"content":{"rendered":"<p>From the outset of his political misadventures, Donald Trump has sought to portray himself as an uncommonly successful businessman whose brilliance would benefit the nation that he promises to run just like he does his own businesses. However, when examining the real world record of Trump&#8217;s business management, that sounds less like a promise, and more like a threat.<\/p>\n<p style=\"text-align:center\"><strong><a href=\"https:\/\/twitter.com\/intent\/tweet?text=Trump Wants to Run America Like his Businesses - Trump Media and Crypto - That are Crashing%0D&#038;url=https:\/\/www.newscorpse.com\/ncWP\/?p=65052\" rel=\"noopener\" target=\"_blank\">Click here to post this article on Twitter<\/a> or <a href=\"https:\/\/bsky.app\/intent\/compose?text=Trump Wants to Run America Like his Businesses - Trump Media and Crypto - That are Crashing%20https:\/\/www.newscorpse.com\/ncWP\/?p=65052\" rel=\"noopener\" target=\"_blank\">Click here to post on Bluesky<\/a><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newscorpse.com\/Pix\/Trump\/trump-stock-chart-red.jpg\" alt=\"\" width=\"550\" height=\"296\" class=\"aligncenter size-full wp-image-43291\" \/><\/p>\n<p>As anyone who has done even a modicum of research knows, Trump has presided over a flurry of failures, including four bankrupt casinos, a fraudulent university, and cheesy consumer products ranging from steaks, to air travel, to vodka, to magazines, and to games. None of which exist anymore. Even his real estate ventures have been less than impressive. Many of them are just facades where he licensed his name to properties built by other developers. And many of those have since had his name removed.<\/p>\n<p>Trump&#8217;s most recent effort is the Trump Media and Technology Group that is the parent of his Twitter ripoff, Truth Social. This attempt to cash in on social media has been spectacularly disastrous. It went public in March of 2024, and has lost 60% of it value since then.<\/p>\n<p>There are some analysts who predicted that Trump&#8217;s businesses would enjoy a surge in value after his reelection. That has not been the case. Trump Media has declined 25% just since his inauguration less than three weeks ago. What&#8217;s more, Trump introduced a crypto coin just days before his inauguration. That has crashed 70% since then.<\/p>\n<p>So anyone investing in the Trump brand since his reoccupation of the White House has lost a bundle of money. And anyone contemplating future investments will steer clear if they&#8217;re smart. One thing that Trump has established is that his ventures are scams that only serve to fatten his wallet at the expense of the rubes who fall for his pitch. Just take a look at the recent history of Trump Media&#8230;<\/p>\n<blockquote><p><strong><a href=\"https:\/\/www.newscorpse.com\/ncWP\/?p=64392\" rel=\"noopener\" target=\"_blank\">Grifter-in-Chief Trump Puts His Truth Social Stock into a Phony Trust Controlled by His Son<\/a><\/strong><br \/>\nA new SEC filing by the company revealed that Trump has transferred his majority share holdings to a revocable trust in an attempt to deceive the public that he is separating himself from financial interest in the enterprise. But like virtually everything else that Trump engages in, it is a thinly disguised scam structured to unscrupulously enrich himself.<\/p><\/blockquote>\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 \/>\nTMTG reported its earning for the second quarter of 2024. And it was not a pretty sight. As reported by Investor\u2019s Business Daily, \u201cTrump Media reported net sales of $836,000, down 30% vs. a year earlier. Operating costs soared to $19.5 million vs. $4.9 million a year earlier.\u201d<\/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=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<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\">Facebook<\/a> and <a href=\"https:\/\/bsky.app\/profile\/newscorpse.bsky.social\" target=\"_blank\">Bluesky<\/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=\"\">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>From the outset of his political misadventures, Donald Trump has sought to portray himself as an uncommonly successful businessman whose brilliance would benefit the nation that he promises to run just like he does his own businesses. However, when examining the real world record of Trump&#8217;s business management, that sounds less like a promise, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":43291,"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":[1,13,11],"tags":[1533,554,1508,1320,1458],"class_list":["post-65052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","category-scandalous","category-socialmedia","tag-crypto","tag-donald-trump","tag-scam","tag-stock-market","tag-truth-social"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stock-chart-red.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-gVe","jetpack-related-posts":[{"id":65732,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=65732","url_meta":{"origin":65052,"position":0},"title":"Grifter Trump is Hawking His Stock and Crypto that Have Lost Gullible Rubes Billions of Dollars","author":"Mark NC","date":"3\/23\/2025","format":false,"excerpt":"Does the magnitude and shamelessness of Donald Trump's corruption really surprise anyone anymore? Who could have guessed that the convicted felon responsible for bankrupting four casinos, stealing from his own charity, operating a phony university, and shuttering numerous hoaxes hawking everything from steaks, to air travel, to vodka, to magazines,\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump, Stock Market","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":65197,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=65197","url_meta":{"origin":65052,"position":1},"title":"Truth Social, Trump&#8217;s Pathetic Personal Propaganda Platform, Continues to Bleed Cash","author":"Mark NC","date":"2\/15\/2025","format":false,"excerpt":"In what may be the least surprising news of the year so far, Donald Trump's flagship social media enterprise, Trump Media and Technology Group (TMTG) - the parent holding company of his failing Twitter ripoff, Truth Social - released its annual report on Friday that revealed just how big a\u2026","rel":"","context":"In &quot;Crime&quot;","block_context":{"text":"Crime","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1475"},"img":{"alt_text":"Donald Trump Circling the Drain","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-drain.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-drain.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-drain.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":66938,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=66938","url_meta":{"origin":65052,"position":2},"title":"The Trump Media and Technology Group (Truth Social) Scam Reflects His Fondness for Fraud","author":"Mark NC","date":"8\/5\/2025","format":false,"excerpt":"When Donald Trump launched his Trump Media and Technology Group (TMTG), he was brimming with optimism about the future of his new venture. Four years later that optimism has utterly failed to be affirmed. The business that runs Trump's Truth Social website and a handful of other insolvent enterprises has\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stock-chart-red.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stock-chart-red.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stock-chart-red.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":65337,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=65337","url_meta":{"origin":65052,"position":3},"title":"OH-NO! Trump WH Aide Brags They are Running the Country Like Trump and Musk Run Their Businesses","author":"Mark NC","date":"2\/25\/2025","format":false,"excerpt":"Never let it be said that Donald Trump hasn't been upfront about his intentions in governing the United States. 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He may have begun with gaudy, overvalued condos, elitist golf club memberships, and now bankrupt casinos, but he quickly expanded into cheesy merchandise like digital trading\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"Donald Trump, Stock Market","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":68155,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=68155","url_meta":{"origin":65052,"position":5},"title":"Trump&#8217;s Truth Social to Host Online Gambling So He Can Profit By Making Bets on His Own Actions","author":"Mark NC","date":"10\/29\/2025","format":false,"excerpt":"The sketchy business practices of the felonious Donald Trump and his MAGA accomplices in crime continues to blaze new paths to riches for the Commander-and-Thief who presently occupies the White House. 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