The core problem with Trump Media is obvious - Trump. Contrary to the carefully cultivated lie that he is a great businessman, Trump has never been more than a conman and a fraud good at one thing, getting rubes (no matter how wealthy) to give him money. Since they never seem to learn, we must assume that the "investments" are better labelled as what they are "bribes" or "extortion".
I'm especially interested in knowing more about exactly how Trump is bribed by people, businesses and countries that purchase his crypto tokens, and other digital products that are financially opaque.
My understanding of crypto, is that it can be very difficult to trace sales info--which is presumably why it's the primary medium of exchange for transnational criminals. It would be great to get more info on who's bribing Trump via crypto; and for how much.
Again Judd Legum and Popular Information demonstrate their value to public political discourse by the extent and quality of their reporting. An amazing effort by a superb team of genuine journalists.
were out on the media circuit (CNBC)this week touting how successful they are at “financial stuff…” 🙄 “We’re at the top of the Ponzi scheme that is the banking industry…” Sounds like a confession to me.
Like every criminal organization, the trump crime family needs ways to lander money. Money it receives from the sale of presidential power. DJT is just one. The inaugural fund, ballroom fund, trump coin, and staying at trump hotels are just a few more. Oligarchs corrupted the supreme court with RV's and vacation. Then the supreme court gave the Oligarchs the citizens united ruling. This allowed them to corrupt the congress with campaign contributions and the promise of high paid "jobs" after congress. The presidency was the final piece of the trifecta. Not everybody in government is "on the take" corrupt, but enough are so the Oligarchs can get the important things they want, while the people are tricked into debating about trans kids, gay marriage, abortion, and DEI, all things the oligarchs don't care about, while they get tax cuts, relaxed regulations, and government contracts the things they do care about.
This is the bare bones of the corruption schemes being run by the Twump family. What they dress it with attracts those interested in shiny objects that could mean big wealth, BIG MONEY, a seat at the adults' (in diapers) table. When the floor falls through I hope innocents adjacent to this crime scheme don't get pulled into the black hole that it will leave.'
The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors.
Article 2, Section 1
The President shall, at stated Times, receive for his Services, a Compensation, which shall neither be encreased nor diminished during the Period for which he shall have been elected, and he shall not receive within that Period any other Emolument from the United States, or any of them.
The Federalist Papers - No. 73 deals with pay of President
"This done, they will have no power to alter it, either by increase or diminution, till a new period of service by a new election commences. They can neither weaken his fortitude by operating on his necessities, nor corrupt his integrity by appealing to his avarice. Neither the Union, nor any of its members, will be at liberty to give, nor will he be at liberty to receive, any other emolument than that which may have been determined by the first act. He can, of course, have no pecuniary inducement to renounce or desert the independence intended for him by the Constitution."
Article 1, Section 9
No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.
No person shall be a Senator or Representative in Congress, or elector of President and Vice-President, or hold any office, civil or military, under the United States, or under any State, who, having previously taken an oath, as a member of Congress, or as an officer of the United States, or as a member of any State legislature, or as an executive or judicial officer of any State, to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof. But Congress may by a vote of two-thirds of each House, remove such disability.
The only Presidents who could take domestic emoluments are those who had businesses before the Constitution was ratified. They were protected by ex post facto clause of Constitution.
Example of why ex post facto clause is important.
You are a jaywalker and have been caught doing this many times. A law gets passed and then you get punished for the past jaywalking. You are now going to get hit with $100,000 fine and 5 years in prison for jaywalking in the past.
George Washington should have gone to prison for taking foreign emoluments without first obtaining permission from Congress.
Trump is not the legitimate President of the USA and his pardons, etc. are not legal.
The Judges on the US Supreme Court do not care what the Constitution says. Trump needed before general election for Congress to allow him to run for President again. Trump took oath of office and then participated in an insurrection. USA is a Federal Republic and each State in a Federal Republic gets to decide if a candidate for President has taken an oath of office and then participated in an insurrection if Congress has not given candidate permission to run again. If Congress has not given candidate permission to run again, then each state legislature may ban candidate from participating in primary election and general election. A junior high school student who reads Amendment 25 should know this. I think the only thing judges on US Supreme Court care about is gifts they receive.
As much as this is JUST LIKE SCHOOL we are in desperate need to lay bare there is no question of corruption. It is not a statement about corruption. It is not a picture of corruption. It is a burning building and we are all trapped. How the actual f did we get here? Why are people so stupid (the magats) or collectively corrupt (GOPers, Project 2025), to not see that this man has been self dealing since day one.
"Whatever trump touches dies"..... he must not touch our constitution and all that flows from it.... he's trying his damndest and he has project 2025, heritage ,federalists and the 6 supremes to help out... we need an insider to just release the rest of the epstein files yesterday... andrew's arrest has triggered this pedo predator to threaten a war ......
I’m sure the losses that get to be claimed during taxes help connect dots to the other loop holes exploited in the tax code for people with wealth.
This is the grand scale of it, but every day business people do stuff like this all the time. Not excusing Trump-but he’s well aware of what he can and can’t exploit, hence his rise from each failed business.
Not sure how that could or would be fixed, but it would be another bloody system change.
Re the TAE deal, as I posted on Monday https://stephenschiff.substack.com/p/proton-boron-fusion Trump Media has promised to put up $200M unconditionally and another $100M in the future. As I point out the structure of the merged organization is unusual and, though I don't explicitly say so, not particularly conducive to technical success.
The core problem with Trump Media is obvious - Trump. Contrary to the carefully cultivated lie that he is a great businessman, Trump has never been more than a conman and a fraud good at one thing, getting rubes (no matter how wealthy) to give him money. Since they never seem to learn, we must assume that the "investments" are better labelled as what they are "bribes" or "extortion".
I'm especially interested in knowing more about exactly how Trump is bribed by people, businesses and countries that purchase his crypto tokens, and other digital products that are financially opaque.
My understanding of crypto, is that it can be very difficult to trace sales info--which is presumably why it's the primary medium of exchange for transnational criminals. It would be great to get more info on who's bribing Trump via crypto; and for how much.
"The fundamentals of the business are poor."
Who could have foreseen this? Absolutely stunning coming from the same brilliant mind behind Trump Steaks and Trump University.
Again Judd Legum and Popular Information demonstrate their value to public political discourse by the extent and quality of their reporting. An amazing effort by a superb team of genuine journalists.
#ETTD
“Everything Trump Touches Dies”
-Rick Wilson
Came here to say this…
Yet Dumb & Dumber
were out on the media circuit (CNBC)this week touting how successful they are at “financial stuff…” 🙄 “We’re at the top of the Ponzi scheme that is the banking industry…” Sounds like a confession to me.
Like every criminal organization, the trump crime family needs ways to lander money. Money it receives from the sale of presidential power. DJT is just one. The inaugural fund, ballroom fund, trump coin, and staying at trump hotels are just a few more. Oligarchs corrupted the supreme court with RV's and vacation. Then the supreme court gave the Oligarchs the citizens united ruling. This allowed them to corrupt the congress with campaign contributions and the promise of high paid "jobs" after congress. The presidency was the final piece of the trifecta. Not everybody in government is "on the take" corrupt, but enough are so the Oligarchs can get the important things they want, while the people are tricked into debating about trans kids, gay marriage, abortion, and DEI, all things the oligarchs don't care about, while they get tax cuts, relaxed regulations, and government contracts the things they do care about.
This is the bare bones of the corruption schemes being run by the Twump family. What they dress it with attracts those interested in shiny objects that could mean big wealth, BIG MONEY, a seat at the adults' (in diapers) table. When the floor falls through I hope innocents adjacent to this crime scheme don't get pulled into the black hole that it will leave.'
Six trump bankruptcies. No one should be surprised. ETTD.
Everything he touches, he destroys. He’s wreaking havoc on our country’s resources, using it as a personal slush fund.
We can have a race to see if TMTG or America will be Trump’s seventh bankruptcy.
Article 2, Section 4 of Constitution
https://www.archives.gov/founding-docs/constitution-transcript
The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors.
Article 2, Section 1
The President shall, at stated Times, receive for his Services, a Compensation, which shall neither be encreased nor diminished during the Period for which he shall have been elected, and he shall not receive within that Period any other Emolument from the United States, or any of them.
The Federalist Papers - No. 73 deals with pay of President
https://avalon.law.yale.edu/18th_century/fed73.asp
"This done, they will have no power to alter it, either by increase or diminution, till a new period of service by a new election commences. They can neither weaken his fortitude by operating on his necessities, nor corrupt his integrity by appealing to his avarice. Neither the Union, nor any of its members, will be at liberty to give, nor will he be at liberty to receive, any other emolument than that which may have been determined by the first act. He can, of course, have no pecuniary inducement to renounce or desert the independence intended for him by the Constitution."
Article 1, Section 9
No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.
Amendment 25, Section 3
https://www.archives.gov/founding-docs/amendments-11-27
No person shall be a Senator or Representative in Congress, or elector of President and Vice-President, or hold any office, civil or military, under the United States, or under any State, who, having previously taken an oath, as a member of Congress, or as an officer of the United States, or as a member of any State legislature, or as an executive or judicial officer of any State, to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof. But Congress may by a vote of two-thirds of each House, remove such disability.
The only Presidents who could take domestic emoluments are those who had businesses before the Constitution was ratified. They were protected by ex post facto clause of Constitution.
Example of why ex post facto clause is important.
You are a jaywalker and have been caught doing this many times. A law gets passed and then you get punished for the past jaywalking. You are now going to get hit with $100,000 fine and 5 years in prison for jaywalking in the past.
George Washington should have gone to prison for taking foreign emoluments without first obtaining permission from Congress.
Trump is not the legitimate President of the USA and his pardons, etc. are not legal.
The Judges on the US Supreme Court do not care what the Constitution says. Trump needed before general election for Congress to allow him to run for President again. Trump took oath of office and then participated in an insurrection. USA is a Federal Republic and each State in a Federal Republic gets to decide if a candidate for President has taken an oath of office and then participated in an insurrection if Congress has not given candidate permission to run again. If Congress has not given candidate permission to run again, then each state legislature may ban candidate from participating in primary election and general election. A junior high school student who reads Amendment 25 should know this. I think the only thing judges on US Supreme Court care about is gifts they receive.
Sincerely,
Ken Stremsky
187 Poplar Street
Manchester, NH 03104
603-647-5898
As much as this is JUST LIKE SCHOOL we are in desperate need to lay bare there is no question of corruption. It is not a statement about corruption. It is not a picture of corruption. It is a burning building and we are all trapped. How the actual f did we get here? Why are people so stupid (the magats) or collectively corrupt (GOPers, Project 2025), to not see that this man has been self dealing since day one.
With Trump's stellar business record, I don't know how anyone could have predicted this (sarcasm of course.)
"Whatever trump touches dies"..... he must not touch our constitution and all that flows from it.... he's trying his damndest and he has project 2025, heritage ,federalists and the 6 supremes to help out... we need an insider to just release the rest of the epstein files yesterday... andrew's arrest has triggered this pedo predator to threaten a war ......
OMG to DJT and his TMTG.
FYI to the QREMBSAP (Queens Real Estate Mob Boss Sundowning As President) your Truth.Fi with its ETFs and SMAs is DOA.
I’m sure the losses that get to be claimed during taxes help connect dots to the other loop holes exploited in the tax code for people with wealth.
This is the grand scale of it, but every day business people do stuff like this all the time. Not excusing Trump-but he’s well aware of what he can and can’t exploit, hence his rise from each failed business.
Not sure how that could or would be fixed, but it would be another bloody system change.
Thank you, Mr. Blundell.
Re the TAE deal, as I posted on Monday https://stephenschiff.substack.com/p/proton-boron-fusion Trump Media has promised to put up $200M unconditionally and another $100M in the future. As I point out the structure of the merged organization is unusual and, though I don't explicitly say so, not particularly conducive to technical success.