CNN analyzes Trump’s Truth Social merger "It could be upwards of $4 billion"

BartenderElite said:
You really think anyone cares?
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Yes,...the left absolutely cares. They not only want him off the ballot,.....but they also want to see him totally broke and in jail with nothing for having the audacity to challenge the left wing power structure. In fact if were being totally honest many LWers would love nothing better than to actually see him dead. The more terrible the death the better. Mental illness and derangement runs high among the LW these days.
 
Stone said:
Yes,...the left absolutely cares. They not only want him off the ballot,.....but they also want to see him totally broke and in jail with nothing for having the audacity to challenge the left wing power structure. In fact if were being totally honest many LWers would love nothing better than to actually see him dead. The more terrible the death the better. Mental illness and derangement runs high among the LW these days.
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Okay. If you say so.
 
BartenderElite said:
Okay. If you say so.
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But it wasnt me who said so. Right in this very room there have been many times where LWers openly said they hope he ends up broke and in jail. And YES......some even openly wished for his death. Are you REALLY going to sit here and PRETEND you didnt read those things in here when YOU KNOW you have?
 
ziggy said:
https://twitter.com/x/status/1759691301253947874
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Trump would only receive 58% of such merge, worth around $4 billon, however, Truth Social is on the books for substantial loans needed in start up it and keep it afloat (https://www.reuters.com/markets/dea...way-merger-with-trumps-media-firm-2024-02-15/), and the gain is based on individual shares opening on $50 a share, which has no guarantee (https://www.inc.com/sam-blum/president-trumps-contrarian-social-network-gets-greenlit-for-ipo.html

And between Trump’s fines, addition loans, a campaign, and his mounting legal fees, he’s going to need every penny
 
Stone said:
But it wasnt me who said so. Right in this very room there have been many times where LWers openly said they hope he ends up broke and in jail. And YES......some even openly wished for his death. Are you REALLY going to sit here and PRETEND you didnt read those things in here when YOU KNOW you have?
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He’ll never go to jail, with his army of attorneys, any conviction will be purposely be postponed, delayed, and appealed over the extent of his life. If convicted of any crime earning jail time it will be restricted to strict house arrest in one of his resorts, just the logistics of placing a prior President in a prison makes it impossible

As far as his finances, it would be a major blow, and more so, prove he never was the brilliant businessman he portrays himself as, which would damage his ego
 
archives said:
Trump would only receive 58% of such merge, worth around $4 billon, however, Truth Social is on the books for substantial loans needed in start up it and keep it afloat (https://www.reuters.com/markets/dea...way-merger-with-trumps-media-firm-2024-02-15/), and the gain is based on individual shares opening on $50 a share, which has no guarantee (https://www.inc.com/sam-blum/president-trumps-contrarian-social-network-gets-greenlit-for-ipo.html

And between Trump’s fines, addition loans, a campaign, and his mounting legal fees, he’s going to need every penny
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Poor anchovies, keep telling yourself this is a bad deal for Trump.
 
Lefties are REALLY walking themselves and their party into a pretty big trap here. They are using open lawfare against political opponents as if they will ALWAYS be in power. Do they not understand that these exact same things and worse most likely will be used against them after November? In the end everyone gets exactly what they have earned.
 
archives said:
Trump would only receive 58% of such merge, worth around $4 billon, however, Truth Social is on the books for substantial loans needed in start up it and keep it afloat and the gain is based on individual shares opening on $50 a share, which has no guarantee (https://www.inc.com/sam-blum/president-trumps-contrarian-social-network-gets-greenlit-for-ipo.html

And between Trump’s fines, addition loans, a campaign, and his mounting legal fees, he’s going to need every penny
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Perhaps not.:laugh:

in 1996, the (SCOTUS)justices limited state-awards of punitive damages under the Due Process Clause of the Fourteenth Amendment. In that case, BMW was found to have repainted luxury cars damaged in transit without telling buyers.

An Alabama jury awarded $4,000 in compensatory damages for the loss of value in having a factory paint job, but then added $4 million in punitive damages. Even when the Alabama Supreme Court reduced that to $2 million, the U.S. Supreme Court still found it excessive. Even liberals on the Court such as John Paul Stevens and Stephen Breyer agreed that such “grossly excessive” awards raise a “basic unfairness of depriving citizens of life, liberty, or property, through the application of arbitrary coercion.”

The court may find almost half a billion dollars in damages without a single lost dollar from a victim to be a tad excessive.
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https://thehill.com/opinion/judicia...testing-the-new-york-legal-systems-integrity/
 
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