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Thread: (Ex-)President Trump

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    Trading of Trump Social Media App-Linked Stock Halted Repeatedly After Turning Into Memestock



    On Wednesday, former president Donald Trump announced plans to launch a new social media platform known as ‘TRUTH Social’ in early 2022, with his Trump Media & Technology Group merging with Digital World Acquisition Corp (DWAC) to form a new publicly traded company. The company initially hoped to raise about $1.7 billion in capital.

    Trading of the Trump social media platform-linked special-purpose acquisition company DWAC was halted repeatedly in Friday morning trading on the Nasdaq amid volatility believed to be associated with the stock’s popularity on r/wallstreetbets, the Reddit subreddit responsible for the buying frenzy involving videogame retailer GameStop earlier this year.

    The shell company’s share price skyrocketed by over 350 percent in Thursday trading, and surged by over 200 percent Friday before correcting, closing at $45.50 per share yesterday and currently trading at about $82.40 as of noon today.
    According to Yahoo Finance’ data, the SPAC has become the single most actively traded stock on Fidelity, with its market cap reaching upwards of $4.7 billion, and CNBC attributing the skyrocketing price mostly to small-time investors - like those who rallied GameStop before regulators stepped in to end the fun amid fears that r/wallstreetbets could destabilize the market.

    "r/wallstreetbets has been pushing DWAC heavily over the past 48 hours, with users posting a steady stream of meme-fueled posts promoting the company, thanking “Daddy Trump” for their windfalls, encouraging comrades to “buy the dip,” and turning the stock into a stonk – i.e. a memestock, or stock whose worth is determined as much by its status as an internet meme as its anticipated market value."

    Stocktwits.com, an online platform focusing on market-related social media chatter, recorded a 9,000%+ surge in interest with DWAC.

    It remains unclear whether Donald Trump or his company, the Trump Organization, has any stake in the SPAC is not clear. However, Patrick Orlando, DWAC’s CEO, is believed to have made some $420 million in trading from his holdings amid Thursday’s price surge.

    Trump announced the creation of his ‘TRUTH Social’ platform on Wednesday, boasting that it would serve as a “rival to the liberal media” and “fight back against the ‘Big Tech’ companies of Silicon Valley.”

    The app, expected to be rolled out in early 2022, follows efforts by smaller social media companies like Parler and GETTR to woo Trump and his supporters after the former president was banned from Twitter, Facebook and Instagram in the wake of the 6 January chaos outside the Capitol complex. A beta version of TRUTH Social is expected to debut next month.

    Sputniknews

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    Apparently this https://truthsocial.com/ is the social media site (to be).

    Anyone already signed up there?

  3. #523

    Trump praises Supreme Court decision overturning Roe v. Wade, says ruling 'will work out for everybody'


    Trump praises Supreme Court decision overturning Roe v. Wade, says ruling 'will work out for everybody'



    The Supreme Court overturned Roe v. Wade Friday


    Former President Donald Trump praised the Supreme Court’s decision to overturn Roe v. Wade Friday, telling Fox News that the ruling "will work out for everybody." "This is following the Constitution, and giving rights back when they should have been given long ago,"
    Trump told Fox News.


    LIVE UPDATES: SUPREME COURT OVERTURNS ROE V. WADE IN LANDMARK OPINION


    When asked if he had a message for any of his supporters who may be pro-choice, Trump told Fox News: "I think, in the end, this is something that will work out for everybody." "This brings everything back to the states where it has always belonged," Trump said.


    When asked whether he feels he played a role in the reversal of Roe v. Wade, after having appointed three conservative justices to the high court, the former president told Fox News: "God made the decision."




    Former President Donald Trump



    Trump, during his presidency, appointed conservative Justices Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett to the Supreme Court. With those appointments, the high court became majority conservative, with Chief Justice John Roberts, Justice Samuel Alito, Justice Clarence Thomas, Gorsuch, Kavanaugh and Barrett.


    SUPREME COURT OVERTURNS ROE V. WADE IN LANDMARK OPINION


    Justices Stephen Breyer, Sonia Sotomayor and Elana Kagan, all appointed by Democrats, dissented the majority opinion Friday to overturn Roe v. Wade. The ruling came in the court's opinion in Dobbs v. Jackson Women’s Health Organization, which centered on a Mississippi law that banned abortion after 15 weeks of pregnancy. The Republican-led state of Mississippi asked the Supreme Court to strike down a lower court ruling that stopped the 15-week abortion ban from taking place.


    "We end this opinion where we began. Abortion presents a profound moral question. The Constitution does not prohibit the citizens of each State from regulating or prohibiting abortion. Roe and Casey arrogated that authority. We now overrule those decisions and return that authority to the people and their elected representatives," Justice Samuel Alito wrote in the court's opinion.


    Alito's opinion began with an exploration and criticism of Roe v. Wade and its holding that while states have "a legitimate interest in protecting ‘potential life,'' this interest was not strong enough to prohibit abortions before the time of fetal viability, understood to be at about 23 weeks into pregnancy. "The Court did not explain the basis for this line, and even abortion supporters have found it hard to defend Roe’s reasoning," Alito wrote.




    Supreme court abortion decision.




    Breyer, Kagan and Sotomayor dissented, writing that Roe and Casey "understood the difficulty and divisiveness of the abortion issue," and by overturning the landmark Roe v. Wade ruling, a woman "has no rights to speak of."


    "The Court knew that Americans hold profoundly different views about the 'moral[ity]' of 'terminating a pregnancy, even in its earliest stage,'" they wrote. "And the Court recognized that 'the State has legitimate interests from the outset of the pregnancy in protecting' the 'life of the fetus that may become a child.'"


    MORE THAN 2 DOZEN STATES TO RESTRICT ABORTIONS AFTER ROE V. WADE OVERTURNED


    "So the Court struck a balance, as it often does when values and goals compete," they wrote. "It held that the State could prohibit abortions after fetal viability, so long as the ban contained exceptions to safeguard a woman’s life or health."






    Pro life and pro choice protesters waiting to hear the Supreme Court decision.



    "Today, the Court discards that balance," they wrote. "It says that from the very moment of fertilization, a woman has no rights to speak of." "With sorrow--for this Court, but more, for the many millions of American women who have today lost a fundamental constitutional protection--we dissent," they wrote.




    Trump praises Supreme Court decision overturning Roe v. Wade, says ruling 'will work out for everybody'
    01 VII 2022.


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    SCOTUS overturning Roe vs. Wade was a major conservative victory. Whether you are pro-choice or pro-life, R v W was not based on the constitution but the personal preferences of seven activist judges on the Supreme Court in 1973. It led to other rulings that were not based on the constitution such as gay marriage. Now the tide is going back in the other direction and it is because of two men; Donald Trump who appointed three strict constructionist judges. The other is Joe Biden, who as vice-president (the presiding official of the Senate) removed the filibuster for judicial appointments.

    The overturning of Roe will not affect the elections in November. States such as New York, California and Illinois already have abortion laws that went beyond what Roe required - abortion on demand up to 24 weeks. Some states will ban abortion while others will likely settle on bans after the 15th week. The majority of Americans support a ban after 15 weeks.
    'Let's Go Brandon!'

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    The court conveniently overturned the Roe vs Wade after many white women have used these services since the 70's. Majority of the US babies today are from minorities about 53% of births. The anti-white legislation has already done its harm near 30 million abortions, mostly healthy babies, around 95%. That does not include the number of geniuses unborn (1:100) and the general offspring of missing population. The government once taught about shrinking populations would lead to more opportunities with surpluses, more open land, and less pollution. You can see where that led in our Western societies.

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    Quote Originally Posted by Winterland View Post
    The court conveniently overturned the Roe vs Wade after many white women have used these services since the 70's. Majority of the US babies today are from minorities about 53% of births. The anti-white legislation has already done its harm near 30 million abortions, mostly healthy babies, around 95%. That does not include the number of geniuses unborn (1:100) and the general offspring of missing population. The government once taught about shrinking populations would lead to more opportunities with surpluses, more open land, and less pollution. You can see where that led in our Western societies.

    Indeed, it did do quantitative damage. And it's really despicable. But when I look at those that support abortion so fervently, I can't help to think that their off-spring is so big a loss in terms of quality. They'd probably grow up liberals at best, and fill the ranks of the woke. The pesky leftists nowadays are with high probability kids from mothers that had abortions. Fortunately the more conservative elements of society are also those that tend to have bigger families... So with time they'd displace that libtarded element more and more. For this "problem" mass-immigration is brought in, as to displace Whites in total.

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