Trump is running for president again

174,267 Views | 2558 Replies | Last: 14 days ago by sycasey
oski003
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Unit2Sucks said:

I get that Trump is a moron but can the GOP not afford to pay someone to prevent his brain worms from leaking out? This would be disqualifying for any other candidate but for Trump it's not in the top 1,000 idiotic things he's done.




That's an A- at Stanfurd.
Eastern Oregon Bear
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Unit2Sucks said:

I get that Trump is a moron but can the GOP not afford to pay someone to prevent his brain worms from leaking out? This would be disqualifying for any other candidate but for Trump it's not in the top 1,000 idiotic things he's done.


For a presidential candidate with a rabid following, I would have expected more likes and "ReTruths". That speaks volumes about Truth Social.
concordtom
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I hear Trump is selling a "God Bless The USA" Bible to make money.

So I looked it up. Not sure this is it.



MAPA =
Make
America
Pray Pissed
Again
82gradDLSdad
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concordtom said:

I hear Trump is selling a "God Bless The USA" Bible to make money.

So I looked it up. Not sure this is it.



MAPA =
Make
America
Pray Pissed
Again


The Bible thing is small potatoes. Newly public stock DJT is where he will make millions. Anyone interested in buying some calls?
calbear93
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82gradDLSdad said:

concordtom said:

I hear Trump is selling a "God Bless The USA" Bible to make money.

So I looked it up. Not sure this is it.



MAPA =
Make
America
Pray Pissed
Again


The Bible thing is small potatoes. Newly public stock DJT is where he will make millions. Anyone interested in buying some calls?
I would be interested in buying put options six-month, a year, or two years from now, but the only way to make any money based on current interest rate is for DJT to go down below $20 in less than six-month. Not much trust in long term value of the stock so who is buying right now?
82gradDLSdad
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calbear93 said:

82gradDLSdad said:

concordtom said:

I hear Trump is selling a "God Bless The USA" Bible to make money.

So I looked it up. Not sure this is it.



MAPA =
Make
America
Pray Pissed
Again


The Bible thing is small potatoes. Newly public stock DJT is where he will make millions. Anyone interested in buying some calls?
I would be interested in buying put options six-month, a year, or two years from now, but the only way to make any money based on current interest rate is for DJT to go down below $20 in less than six-month. Not much trust in long term value of the stock so who is buying right now?


Agree. It's not going up in the long term. Long term puts sound better if you can wait a bit.
bearister
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Truth Social faces harsh reality as a public company


https://www.axios.com/2024/03/27/truth-social-stock-facebook-twitter-ipo



"Truth Social earned $3.4 million in revenue for the first nine months of 2023 and lost around $49 million.

By comparison, Facebook (now Meta) earned $3.71 billion in revenue the year before it went public and was profitable."
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bear2034
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So much free press. It's unbelievable.
calbear93
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bear2034 said:

So much free press. It's unbelievable.
The media is colluding with MAGA. We all know it. The puppet masters scheming to put Trump in power, with the assistance of the Deep State and Media is playing right in front of our eyes. Right?
bearister
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Under the guaranteed tRump Regime Redux:

1. MSNBC is looking forward to All Pity Party All the Time and sky high ratings;

2. The Saudis are looking forward to a return on investment of their $2,000,000,000 they gave to Putz Boy;

3. The Russians are looking forward to a return on their investment bailing Truth Social out and delivering the WH for a 2nd time to their asset;

4. Fox News will not be happy. Everyone on its enemies list will be irrelevant, neutered or murdered.

5. The BI Right and Anti Lib Populists can burp one another's worms endlessly because the sane posters will shift to the Basketball and Football Boards for ACC game analysis, returning to the Off Topic Board to comment when transfat causes tRump's heart or head to explode within the first 100 days of his term.
Cancel my subscription to the Resurrection
Send my credentials to the House of Detention
I got some friends inside
Big C
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bearister said:

Under the guaranteed tRump Regime Redux:

1. MSNBC is looking forward to All Pity Party All the Time and sky high ratings;

2. The Saudis are looking forward to a return on investment of their $2,000,000,000 they gave to Putz Boy;

3. The Russians are looking forward to a return on their investment bailing Truth Social out and delivering the WH for a 2nd time to their asset;

4. Fox News will not be happy. Everyone on its enemies list will be irrelevant, neutered or murdered.

5. The BI Right and Anti Lib Populists can burp one another's worms endlessly because the sane posters will shift to the Basketball and Football Boards for ACC game analysis, returning to the Off Topic Board to comment when transfat causes tRump's heart or head to explode within the first 100 days of his term.

LOL. Plenty of people have a pretty strong self-interest to donate to Trump buy shares in Truth Social.
bear2034
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calbear93 said:

bear2034 said:

So much free press. It's unbelievable.
The media is colluding with MAGA. We all know it. The puppet masters scheming to put Trump in power, with the assistance of the Deep State and Media is playing right in front of our eyes. Right?

Trump is everywhere. If he's not in court, he's on the campaign trail. If he's not on the campaign trail he's on their minds.
bear2034
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If Deep State operatives didn't ban Trump from Twitter there would be no Truth Social and DJT stock.
Imagine that.
bearister
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EXCL: Docs analyze presidents' gaffes and reveal what they REALLY mean



https://mol.im/a/13241435
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Send my credentials to the House of Detention
I got some friends inside
concordtom
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bearister said:


"Truth Social earned $3.4 million in revenue for the first nine months of 2023 and lost around $49 million.


Revenue of 3.4
Net profit of of -49
That must mean operating expenses would be… 52.4M?

Maybe DJT is pulling a salary of $50M?
concordtom
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bearister said:

Under the guaranteed tRump Regime Redux:

1. MSNBC is looking forward to All Pity Party All the Time and sky high ratings;

2. The Saudis are looking forward to a return on investment of their $2,000,000,000 they gave to Putz Boy;

3. The Russians are looking forward to a return on their investment bailing Truth Social out and delivering the WH for a 2nd time to their asset;

4. Fox News will not be happy. Everyone on its enemies list will be irrelevant, neutered or murdered.

5. The BI Right and Anti Lib Populists can burp one another's worms endlessly because the sane posters will shift to the Basketball and Football Boards for ACC game analysis, returning to the Off Topic Board to comment when transfat causes tRump's heart or head to explode within the first 100 days of his term.


If various parties aren't planning their Valkyrie, I'd be surprised.
Maybe it's not a suitcase under the table, but he simply cannot re-enter the WH.

It's going to be an interesting last 3 months of 2024.
Maybe that trans fat strikes before November.
calbear93
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concordtom said:

bearister said:


"Truth Social earned $3.4 million in revenue for the first nine months of 2023 and lost around $49 million.


Revenue of 3.4
Net profit of of -49
That must mean operating expenses would be… 52.4M?

Maybe DJT is pulling a salary of $50M?

I assume you are joking and you know how to read a financial statement having been in the investment community.

If you are not joking, I am shocked.

This is a crap company, but no point in spreading lies.

Most of the losses are accounting treatment of accreted interest on their convertible notes that will most likely be converted into stock.

Trump doesn't receive compensation as an employee. And Nunes makes less than a senior attorney on my team made when I was a GC.
concordtom
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I have not read any financial documents.
It's 100% speculation or jocular commentary.

Revenue - Expenses = net profit or loss

So, what are the expenses? I wouldn't put it beyond Trump to be drawing a massive salary as the #1 talent in the media company named after him.

Like, it sounds so simple when states this way.
concordtom
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calbear93 said:



This is a crap company, but no point in spreading lies.




It's not spreading lies when there are question marks.
It's asking a question.
calbear93
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concordtom said:

calbear93 said:



This is a crap company, but no point in spreading lies.




It's not spreading lies when there are question marks.
It's asking a question.
If you went to the financials to see the revenue and net loss, you would see the operating expenses came mostly from non-cash interest expense. In addition, the same document would have shown the summary compensation table that shows Trump does not receive compensation. So, asking that question is misleading when you should know the answer from seeing the same financial statements.
calbear93
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concordtom said:

I have not read any financial documents.
It's 100% speculation or jocular commentary.

Revenue - Expenses = net profit or loss

So, what are the expenses? I wouldn't put it beyond Trump to be drawing a massive salary as the #1 talent in the media company named after him.

Like, it sounds so simple when states this way.
OK, here is the break down if you look at the pro forma financial statements.

The operating company's expenses mainly came from accreted interest expense on convertible notes that were converted in the merger into stock.

The SPAC's expenses mainly came from the legal expenses related to the SEC investigation and clearing the review with the SEC to de-SPAC.

The pro forma of the combined entities would clearly eliminate the interest expense since pro forma assumes the merger occurred at the beginning of the period, with the lower net loss mainly from the SPAC's legal expenses. In fact, the SPCA's SG&A his higher than the operating company's (TMTG) SG&A.

Took 5 minutes to look at the pro forma financial statements in the proxy statement / prospectus filed for the de-SPAC.
concordtom
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calbear93 said:

concordtom said:

calbear93 said:



This is a crap company, but no point in spreading lies.




It's not spreading lies when there are question marks.
It's asking a question.
If you went to the financials to see the revenue and net loss, you would see the operating expenses came mostly from non-cash interest expense. In addition, the same document would have shown the summary compensation table that shows Trump does not receive compensation. So, asking that question is misleading when you should know the answer from seeing the same financial statements.


Except that I haven't seen the financial documents. Never claimed to.

What is "non cash interest expense"?
I went to google it and got a variety of possibilities, which make me think there could be some sort of Trumpian accounting shenanigans that are fitted into that category.

Does anyone know what the expenses of the company are???
I mean, they could be paying staff with stock options, all the while pulling cash out in real time.

Trump has a decades long history of stiffing investors, contracted parties, municipalities. He business career is stuffed fat and full with financial fraud and ill repute. So, forgive me if I assumed the worst here.

I'll be Trump is playing options games and locking in his profits ALREADY. If he wins the election, he can roll Truth Social into government contracts as The communications medium (this the blackmail meeting with Elon - speculation). If he loses the election, and Truth Social falls apart as we all think it will, he can claim it was stolen and sick mobs onto people - all the while having profits through this Stock/Options game.

The man is Bernie Madoff. We all know it. It's simply an INCREDIBLE phenomenon that he still has support of a portion of the electorate, which bolsters China's claim that democracy is an inefficient form of government.

The foundational tenets of our nation are put at risk by Trumpism:
*Voters vote stupidly.
*Freedom of speech becomes a weapon. Like this, trump is doing no different to aspects of our nation.



It's criminal and needs to stop.
But now I'm mixing issues….
calbear93
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concordtom said:

calbear93 said:

concordtom said:

calbear93 said:



This is a crap company, but no point in spreading lies.




It's not spreading lies when there are question marks.
It's asking a question.
If you went to the financials to see the revenue and net loss, you would see the operating expenses came mostly from non-cash interest expense. In addition, the same document would have shown the summary compensation table that shows Trump does not receive compensation. So, asking that question is misleading when you should know the answer from seeing the same financial statements.


Except that I haven't seen the financial documents. Never claimed to.

What is "non cash interest expense"?
I went to google it and got a variety of possibilities, which make me think there could be some sort of Trumpian accounting shenanigans that are fitted into that category.

Does anyone know what the expenses of the company are???
I mean, they could be paying staff with stock options, all the while pulling cash out in real time.

Trump has a decades long history of stiffing investors, contracted parties, municipalities. He business career is stuffed fat and full with financial fraud and ill repute. So, forgive me if I assumed the worst here.

I'll be Trump is playing options games and locking in his profits ALREADY. If he wins the election, he can roll Truth Social into government contracts as The communications medium (this the blackmail meeting with Elon - speculation). If he loses the election, and Truth Social falls apart as we all think it will, he can claim it was stolen and sick mobs onto people - all the while having profits through this Stock/Options game.

The man is Bernie Madoff. We all know it. It's simply an INCREDIBLE phenomenon that he still has support of a portion of the electorate, which bolsters China's claim that democracy is an inefficient form of government.

The foundational tenets of our nation are put at risk by Trumpism:
*Voters vote stupidly.
*Freedom of speech becomes a weapon.
OK, then maybe take five minutes to look at the financial statements instead of asking questions that implies the answers that in fact are very wrong.

What do you mean "what is non-cash interest expense"? It's extremely common. Accreted interest expense are OID, original issue discount where debt is offered at a discount with yield / interest expense reflected from the discount to the principal amount. For example, if I sell $1,000 bond that matures in 10 years at 90% of the principal amount, the interest expense includes not only the annual interest payable but the discount to principal due at maturity. This often occurs for issuers who want to use less cash. Accreted interest could also come in the form of PIK, or pay-in-kind where you issue more debt to the lender to reflect the interest expense.

In addition, for convertible notes like the ones reflected, imputed non-cash interest expense can also include the lower actual interest expense that is payable as a result of the convertible feature. In other words, there is an interest expense implied with the equity option component after giving account to the spread that usually applies to convertible notes - e.g., convertible at 15-25% higher than the market price of the equity at the time of issuance. Convertible notes have some of the lowest interest expense of any debt because of the equity component, and imputed interest expense can reflect the black-scholes valuation of comparable options embedded in the converible notes.

And you asking what the expenses of the company seems like something someone who has never read a financial statement would ask. All the details are set forth in the line item and notes to the financial statements as required by GAAP. ***? Why are you acting like you have never seen a financial statement? What were you reading when you were managing assets?

As far as compensation, all you have to do is look at the summary compensation table that will also have grants made in the prior year, outstanding equity awards, etc. Also, there is a share ownership table.

You seem strangely unfamiliar with offering documents and financial statements.
oski003
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concordtom said:

calbear93 said:

concordtom said:

calbear93 said:



This is a crap company, but no point in spreading lies.




It's not spreading lies when there are question marks.
It's asking a question.
If you went to the financials to see the revenue and net loss, you would see the operating expenses came mostly from non-cash interest expense. In addition, the same document would have shown the summary compensation table that shows Trump does not receive compensation. So, asking that question is misleading when you should know the answer from seeing the same financial statements.


Except that I haven't seen the financial documents. Never claimed to.

What is "non cash interest expense"?
I went to google it and got a variety of possibilities, which make me think there could be some sort of Trumpian accounting shenanigans that are fitted into that category.

Does anyone know what the expenses of the company are???
I mean, they could be paying staff with stock options, all the while pulling cash out in real time.

Trump has a decades long history of stiffing investors, contracted parties, municipalities. He business career is stuffed fat and full with financial fraud and ill repute. So, forgive me if I assumed the worst here.

I'll be Trump is playing options games and locking in his profits ALREADY. If he wins the election, he can roll Truth Social into government contracts as The communications medium (this the blackmail meeting with Elon - speculation). If he loses the election, and Truth Social falls apart as we all think it will, he can claim it was stolen and sick mobs onto people - all the while having profits through this Stock/Options game.

The man is Bernie Madoff. We all know it. It's simply an INCREDIBLE phenomenon that he still has support of a portion of the electorate, which bolsters China's claim that democracy is an inefficient form of government.

The foundational tenets of our nation are put at risk by Trumpism:
*Voters vote stupidly.
*Freedom of speech becomes a weapon. Like this, trump is doing no different to aspects of our nation.



It's criminal and needs to stop.
But now I'm mixing issues….


By all means, do no research and then come up with TDS driven conclusions. It is your MO.

I got one. Trump is really an alien from the planet Zanzibaria, whose "people" seek to colonize earth. Trump is secretly dividing and weakening the earth such that the aliens will attack. Attack date is May 4, 2025.
calbear93
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oski003 said:

concordtom said:

calbear93 said:

concordtom said:

calbear93 said:



This is a crap company, but no point in spreading lies.




It's not spreading lies when there are question marks.
It's asking a question.
If you went to the financials to see the revenue and net loss, you would see the operating expenses came mostly from non-cash interest expense. In addition, the same document would have shown the summary compensation table that shows Trump does not receive compensation. So, asking that question is misleading when you should know the answer from seeing the same financial statements.


Except that I haven't seen the financial documents. Never claimed to.

What is "non cash interest expense"?
I went to google it and got a variety of possibilities, which make me think there could be some sort of Trumpian accounting shenanigans that are fitted into that category.

Does anyone know what the expenses of the company are???
I mean, they could be paying staff with stock options, all the while pulling cash out in real time.

Trump has a decades long history of stiffing investors, contracted parties, municipalities. He business career is stuffed fat and full with financial fraud and ill repute. So, forgive me if I assumed the worst here.

I'll be Trump is playing options games and locking in his profits ALREADY. If he wins the election, he can roll Truth Social into government contracts as The communications medium (this the blackmail meeting with Elon - speculation). If he loses the election, and Truth Social falls apart as we all think it will, he can claim it was stolen and sick mobs onto people - all the while having profits through this Stock/Options game.

The man is Bernie Madoff. We all know it. It's simply an INCREDIBLE phenomenon that he still has support of a portion of the electorate, which bolsters China's claim that democracy is an inefficient form of government.

The foundational tenets of our nation are put at risk by Trumpism:
*Voters vote stupidly.
*Freedom of speech becomes a weapon. Like this, trump is doing no different to aspects of our nation.



It's criminal and needs to stop.
But now I'm mixing issues….


By all means, do no research and then come up with TDS driven conclusions. It is your MO.

I got one. Trump is really an alien from the planet Zanzibaria, whose "people" seek to colonize earth. Trump is secretly is dividing and weakening the earth such that the aliens will attack. Attack date is May 4, 2025.
5 minutes to read the pro forma financials. I can understand someone who is not familiar with investment valuation asking those questions but someone who claims to have managed assets asking those questions seems like bad faith.
concordtom
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Disclaimer: I was not in active management, so such things were not required for my job function/performance, and furthermore I failed the CFA exam.


see: nadir

I'll read your post in detail now but I don't know why you want to blast me for posting speculative thoughts here - it's a bleeping chat board!!

Yet, I still say my suspicions have merit. I mean, I don't know HOW he's zooming people, but I am damn confident he's zooming it somehow.

Oski wants to call it TDS, whatever. He's blind. You, on the other hand, have apparently seen the light. And that is that we can no longer assume (as in November-December 2016) that he's telling us the truth. No. We must assume he's shining us and the entire system. His track record is clear, and he's even bragged about it. I mean, it's as obvious as the nose of your face.

In summary, please read my initial post not as a hard financial doc analysis but more as an open question: how are we being playing this time? Where is Al Capone going to strike next?

I'm surprised you didn't go there immediately. Maybe you've still got too much R in your subconscious.
calbear93
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concordtom said:

Disclaimer: I was not in active management, so such things were not required for my job function/performance, and furthermore I failed the CFA exam.

I'll read your post in detail now but I don't know why you want to blast me for posting speculative thoughts here - it's a bleeping chat board!!

Yet, I still say my suspicions have merit. I mean, I don't know HOW he's zooming people, but I am damn confident he's zooming it somehow.

Oski wants to call it TDS, whatever. He's blind. You, on the other hand, have apparently seen the light. And that is that we can no longer assume (as in November-December 2016) that he's telling us the truth. No. We must assume he's shining us and the entire system. His track record is clear, and he's even bragged about it. I mean, it's as obvious as the nose of your face.

In summary, please read my initial post not as a hard financial doc analysis but more as an open question: how are we being playing this time? Where is Al Capone going to strike next?

I'm surprised you didn't go there immediately. Maybe you've still got too much R in your subconscious.
If you don't know how founders make money in these SPACs or IPOs, why were you even in passive management of assets? What did that involve? Never reading a single periodic report of a public company?

No, he will make most of his money through the equity ownership of the company that was acquired, with his ownership converted into ownership of the surviving company.

Instead of asking that question and implying something and quite honestly revealing your lack of basic financial knowledge, why not just look?


https://www.sec.gov/Archives/edgar/data/1849635/000119312524036093/d408563ds4a.htm#rom408563_11

Page 56 for TMTG's standalone, PAge 149 for the pro forma giving effect to the merger, and page 319 for summary compensation table for the named executive officers (the CEO, CFO and the three most highly compensated executive officers - unless they make so little that they don't cross the minimum threshold or there are less than 5 executive officers)

concordtom
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calbear93 said:

concordtom said:

Disclaimer: I was not in active management, so such things were not required for my job function/performance, and furthermore I failed the CFA exam.

I'll read your post in detail now but I don't know why you want to blast me for posting speculative thoughts here - it's a bleeping chat board!!

Yet, I still say my suspicions have merit. I mean, I don't know HOW he's zooming people, but I am damn confident he's zooming it somehow.

Oski wants to call it TDS, whatever. He's blind. You, on the other hand, have apparently seen the light. And that is that we can no longer assume (as in November-December 2016) that he's telling us the truth. No. We must assume he's shining us and the entire system. His track record is clear, and he's even bragged about it. I mean, it's as obvious as the nose of your face.

In summary, please read my initial post not as a hard financial doc analysis but more as an open question: how are we being playing this time? Where is Al Capone going to strike next?

I'm surprised you didn't go there immediately. Maybe you've still got too much R in your subconscious.
If you don't know how founders make money in these SPACs or IPOs, why were you even in passive management of assets? What did that involve? Never reading a single periodic report of a public company?

No, he will make most of his money through the equity ownership of the company that was acquired, with his ownership converted into ownership of the surviving company.

Instead of asking that question and implying something and quite honestly revealing your lack of basic financial knowledge, why not just look?


https://www.sec.gov/Archives/edgar/data/1849635/000119312524036093/d408563ds4a.htm#rom408563_11

Page 56 for TMTG's standalone, PAge 149 for the pro forma giving effect to the merger, and page 319 for summary compensation table for the named executive officers (the CEO, CFO and the three most highly compensated executive officers - unless they make so little that they don't cross the minimum threshold or there are less than 5 executive officers)




What does a person need to know in order to effectively manage index money?
It does not involve reading financial docs. You just need to get index constituents, price, shares outstanding. That all gives you proper mkt cap and thus index weighting. If you can match daily trades to the daily client +/- in/out, you're set.
I pegged money to a dozen indices from 4 index providers, along with a few non-index portfolios.

Credit to you for your skills.
But you're missing the point in my speculation. Trump is playing 40% of Americans just like he played Atlantic City, just like he is currently playing the legal system, just like he played all his unpaid contractors, just like he played various investors. Queue tape of him bragging about how smart he was to take advantage US bankruptcy laws: "That makes me SMART!"

(Never mind all the people you've stiffed along the way, which is typically viewed as DISHONORABLE.)

PS: I won't be surprised when trump is involved with the SEC for securities violations within 3 years. The man cannot resist exploiting whatever is in front of him. Fun Justice would be if Mohammed bin Salman chops him up and puts him into a little box after the Prince realizes Trump blew his $2B on strippers, lawyers, and insurrection expenses.
concordtom
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https://www.yahoo.com/news/why-christians-angry-trump-god-173235981.html

Portions:

Responses to Trump's social media announcement called the endorsement "sacrilege," "heresy" and "borderline offensive" and cite lessons directly from the Bible that suggest taking advantage of people's faith for money should be condemned.

"It is a bankrupt Christianity that sees a demagogue co-opting our faith and even our holy scriptures for the sake of his own pursuit of power and praise him for it rather than insist that we refuse to allow our sacred faith and scriptures to become a mouthpiece for an empire," said Rev. Benjamin Cremer on X.

Jason Cornwall, a pastor from South Carolina, said on X that Trump's Bible endorsement was a violation of one of the Ten Commandments of the Hebrew Testament that forbids taking God's name in vain.

However, the criticism doesn't end with whether or not Trump's endorsement is un-Christian or not. In fact, it's just the beginning.


Historian and author Jemar Tisby says the whole project echoes the values of Christian nationalism the idea that America was founded as a Christian nation and the government should work to sanction Christianity on a national scale. The tenets of Christian nationalism are historically tied to prejudice, nativism and white supremacy.

"There's a very long tradition of what is included and what is not included in the Bible," Tisby told CNN.

"What has caused outrage with this Bible is that it includes the Declaration of Independence, US Constitution, and even the lyrics to a Lee Greenwood song. So it's adding to the Bible, and it's adding specific political documents to the Bible that completely erase the separation of church and state."

Tisby, who holds a Master of Divinity Degree from Reformed Theological Seminary in Jackson, Mississippi, has written about the dangers of Christian nationalism both for the country and the Christian faith.


"What's so pernicious about this is it plays on people's devotion to God and their love of country, either of which by themselves could be innocuous or even good," he said.

"But in this effort, it is blending the two. And with Trump as the spokesperson, is conveying a very clear message about what kind of Christianity and what kind of love of nation (he is) promoting."
oski003
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concordtom said:

calbear93 said:

concordtom said:

Disclaimer: I was not in active management, so such things were not required for my job function/performance, and furthermore I failed the CFA exam.

I'll read your post in detail now but I don't know why you want to blast me for posting speculative thoughts here - it's a bleeping chat board!!

Yet, I still say my suspicions have merit. I mean, I don't know HOW he's zooming people, but I am damn confident he's zooming it somehow.

Oski wants to call it TDS, whatever. He's blind. You, on the other hand, have apparently seen the light. And that is that we can no longer assume (as in November-December 2016) that he's telling us the truth. No. We must assume he's shining us and the entire system. His track record is clear, and he's even bragged about it. I mean, it's as obvious as the nose of your face.

In summary, please read my initial post not as a hard financial doc analysis but more as an open question: how are we being playing this time? Where is Al Capone going to strike next?

I'm surprised you didn't go there immediately. Maybe you've still got too much R in your subconscious.
If you don't know how founders make money in these SPACs or IPOs, why were you even in passive management of assets? What did that involve? Never reading a single periodic report of a public company?

No, he will make most of his money through the equity ownership of the company that was acquired, with his ownership converted into ownership of the surviving company.

Instead of asking that question and implying something and quite honestly revealing your lack of basic financial knowledge, why not just look?


https://www.sec.gov/Archives/edgar/data/1849635/000119312524036093/d408563ds4a.htm#rom408563_11

Page 56 for TMTG's standalone, PAge 149 for the pro forma giving effect to the merger, and page 319 for summary compensation table for the named executive officers (the CEO, CFO and the three most highly compensated executive officers - unless they make so little that they don't cross the minimum threshold or there are less than 5 executive officers)




What does a person need to know in order to effectively manage index money?
It does not involve reading financial docs. You just need to get index constituents, price, shares outstanding. That all gives you proper mkt cap and thus index weighting. If you can match daily trades to the daily client +/- in/out, you're set.
I pegged money to a dozen indices from 4 index providers, along with a few non-index portfolios.

Credit to you for your skills.
But you're missing the point in my speculation. Trump is playing 40% of Americans just like he played Atlantic City, just like he is currently playing the legal system, just like he played all his unpaid contractors, just like he played various investors. Queue tape of him bragging about how smart he was to take advantage US bankruptcy laws: "That makes me SMART!"

(Never mind all the people you've stiffed along the way, which is typically viewed as DISHONORABLE.)

PS: I won't be surprised when trump is involved with the SEC for securities violations within 3 years. The man cannot resist exploiting whatever is in front of him. Fun Justice would be if Mohammed bin Salman chops him up and puts him into a little box after the Prince realizes Trump blew his $2B on strippers, lawyers, and insurrection expenses.


When did Trump blow Mohammed bin Salman's $2B on strippers, lawyers, and insurrection expenses?
smh
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calbear93
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concordtom said:

https://www.yahoo.com/news/why-christians-angry-trump-god-173235981.html

Portions:

Responses to Trump's social media announcement called the endorsement "sacrilege," "heresy" and "borderline offensive" and cite lessons directly from the Bible that suggest taking advantage of people's faith for money should be condemned.

"It is a bankrupt Christianity that sees a demagogue co-opting our faith and even our holy scriptures for the sake of his own pursuit of power and praise him for it rather than insist that we refuse to allow our sacred faith and scriptures to become a mouthpiece for an empire," said Rev. Benjamin Cremer on X.

Jason Cornwall, a pastor from South Carolina, said on X that Trump's Bible endorsement was a violation of one of the Ten Commandments of the Hebrew Testament that forbids taking God's name in vain.

However, the criticism doesn't end with whether or not Trump's endorsement is un-Christian or not. In fact, it's just the beginning.


Historian and author Jemar Tisby says the whole project echoes the values of Christian nationalism the idea that America was founded as a Christian nation and the government should work to sanction Christianity on a national scale. The tenets of Christian nationalism are historically tied to prejudice, nativism and white supremacy.

"There's a very long tradition of what is included and what is not included in the Bible," Tisby told CNN.

"What has caused outrage with this Bible is that it includes the Declaration of Independence, US Constitution, and even the lyrics to a Lee Greenwood song. So it's adding to the Bible, and it's adding specific political documents to the Bible that completely erase the separation of church and state."

Tisby, who holds a Master of Divinity Degree from Reformed Theological Seminary in Jackson, Mississippi, has written about the dangers of Christian nationalism both for the country and the Christian faith.


"What's so pernicious about this is it plays on people's devotion to God and their love of country, either of which by themselves could be innocuous or even good," he said.

"But in this effort, it is blending the two. And with Trump as the spokesperson, is conveying a very clear message about what kind of Christianity and what kind of love of nation (he is) promoting."
Absolutely agree with this. Anyone who loves the Lord and who trusts in God's providence and the sufficiency of the scripture would be disgusted by this and recognize that those promoting this or Christian Nationalism are not Christians. Christians love the scripture, believe in the sufficiency and completeness of the scripture, understand that there is no Greek or Jew among Christians, and places their faith and hope in God and not in government, nation, power, legalistic man-made laws or some unrepentant charlatan.
Unit2Sucks
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calbear93 said:

concordtom said:

https://www.yahoo.com/news/why-christians-angry-trump-god-173235981.html

Portions:

Responses to Trump's social media announcement called the endorsement "sacrilege," "heresy" and "borderline offensive" and cite lessons directly from the Bible that suggest taking advantage of people's faith for money should be condemned.

"It is a bankrupt Christianity that sees a demagogue co-opting our faith and even our holy scriptures for the sake of his own pursuit of power and praise him for it rather than insist that we refuse to allow our sacred faith and scriptures to become a mouthpiece for an empire," said Rev. Benjamin Cremer on X.

Jason Cornwall, a pastor from South Carolina, said on X that Trump's Bible endorsement was a violation of one of the Ten Commandments of the Hebrew Testament that forbids taking God's name in vain.

However, the criticism doesn't end with whether or not Trump's endorsement is un-Christian or not. In fact, it's just the beginning.


Historian and author Jemar Tisby says the whole project echoes the values of Christian nationalism the idea that America was founded as a Christian nation and the government should work to sanction Christianity on a national scale. The tenets of Christian nationalism are historically tied to prejudice, nativism and white supremacy.

"There's a very long tradition of what is included and what is not included in the Bible," Tisby told CNN.

"What has caused outrage with this Bible is that it includes the Declaration of Independence, US Constitution, and even the lyrics to a Lee Greenwood song. So it's adding to the Bible, and it's adding specific political documents to the Bible that completely erase the separation of church and state."

Tisby, who holds a Master of Divinity Degree from Reformed Theological Seminary in Jackson, Mississippi, has written about the dangers of Christian nationalism both for the country and the Christian faith.


"What's so pernicious about this is it plays on people's devotion to God and their love of country, either of which by themselves could be innocuous or even good," he said.

"But in this effort, it is blending the two. And with Trump as the spokesperson, is conveying a very clear message about what kind of Christianity and what kind of love of nation (he is) promoting."
Absolutely agree with this. Anyone who loves the Lord and who trusts in God's providence and the sufficiency of the scripture would be disgusted by this and recognize that those promoting this or Christian Nationalism are not Christians. Christians love the scripture, believe in the sufficiency and completeness of the scripture, understand that there is no Greek or Jew among Christians, and places their faith and hope in God and not in government, nation, power, legalistic man-made laws or some unrepentant charlatan.
I don't think this stunt will negatively impact Trump's popularity one iota. I don't have the data to back it up but I suspect that the number of Christian people who have your level of devotion/scrutiny will prove to be much smaller than the people who will continue to celebrate Trump. I don't think these bibles will sell well but it's not like he's going to lose the evangelical movement because of it. It is obviously a cynical play to take advantage of cult members, but I don't think he's at risk of alienating tens of millions of Christians.
Unit2Sucks
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Unit2Sucks said:

Lev Parnas is out for blood.

Just from today:

Still roasting GOP crooks.






bearister
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I miss Devin Nunes. He never had a poker face. He couldn't hide his guilt. He would have given it all up to Vic Mackey before he could close the door to the interview room at the Barn.


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