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this post was submitted on 15 Apr 2024
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Usually, if you’re running for president, you want to invest money into political or media machines that are going to create true believers for you
If you’re taking the already existing true believers, who think you’re a business genius and all your prosecutions are politically motivated and the election was stolen (like really honestly think all of that is what happened, because they are too deep sunk in propaganda to even see the surface)… and creating an opportunity for them to lose a bunch of their own money by investing in your company, like really be exposed on a personal unavoidable level to how much of a fraud you are and always have been… you’re doing it wrong.
I get it. It’s desperation; you have to siphon money out of them because you need all you can get right now. But it still seems like a tactical error, like there must be another way.
No. Usually if you are running for president, you put your investments into a blind trust.
what with his faith in humanity and all.
The 70's are over. Carter putting the farm in a blind trust was rewarded with Republicans bribing Iranian terrorists to keep the hostages longer. Disco is dead.
The 70s, the 80s, the 90s, and the 2000s. Presidents aside from Trump have always put their investments in a blind trust.
Like whats your point? Are you saying Trump would or would not put his stake in Truth social in a blind trust?
I'm correcting you when you implied that this a practice of decades ago. It is not. It has been the standard. Trump is the exception. I don't foresee that changing. So Trump failing to do so is even worse than if it was some outdated practice.
Oh cool. So he'll be putting his shares in a blind trust then?
Even the blind trust knows that's a terrible investment.
In all seriousness, what's the over under whether the company will be delisted from nasdaq this month?
not gonna happen. it's taken some hits but there is a good enough chance that Trump will be the next president that it's not going anywhere.
Reality really isn't agreeing with you here bud ;)
In what way?
Have you been following the stock at all?
Yeah its down. Whats your point?
Disco didn't die. It evolved.
OP was referring to the campaign
It's the deep state shorting the stock bro. Trust me bro. Just keep buying the stock bro.
Trump's social media stock is gonna bring down wall street, make you rich, stop the liberals, suck your dick, stop communism, let you suck its dick, stop the RINOs, and help Russia stop the nazis.
/$
Are you implying that Trump believers with faith deep enough to buy the stock regularly (eg they're not an oligarch/enterprise doing it to bribe Trump) is thinking this logically?
People either vote for him for other reasons (tax cuts for the rich, conservatism, fear for the border or racism) or are deep enough into a cult to disregard anything.
Yeah, maybe. His cult is absolutely surrounded by a singular media drumbeat of him being smart, him being rich, him being a winner, the Democrats being bad and evil and jealous and cheaters at the election and just every bad thing in the world. I'm not saying that losing a whole bunch of their personal money because they operated on that model will definitely in itself break them out of the illusion; I definitely think some of them are in too deep even for direct personal experience to impact their perception (especially if the drumbeat is continuing exactly as before). But it'll at least give them a saving throw or something I think.
If you have made it your whole life through cheating, and you think cheating worse than everybody else makes you smart, cheating becomes the only way you know to accomplish anything.