Trump could try to concoct ways around that issue. Trump could sell billions in Truth Social stock early if a board consisting of his son and former colleagues agrees excerpt: "A merger between former President Donald Trump's social media app, Truth Social, and a shell company, Trump Media & Technology Group, was approved on Friday, immediately boosting Trump's net worth by billions. Trump's not allowed to sell or borrow against any of his shares for six months, but that could change if a board consisting of his allies and family members agrees on it. According to a filing on the merger with the US Securities and Exchange Commission, "Founders Shares" cannot be transferred for "six months after the completion of Digital World's initial business combination." While that could be an issue for Trump — he owes more than $457 million to the state of New York as part of his fraud trial judgement that he's been unable to pay, leading him to beg his supporters for donations — he could gain access to some of his multibillion-dollar windfall if given a waiver by the company's new board of directors."
Trump could sell billions in Truth Social stock early if a board consisting of his son and former colleagues agrees excerpt: "If the board chooses to allow Trump to divest from the company sooner than initially agreed upon, it could be a massive boost to the former president as he continues to fight back against his slew of legal predicaments, which his PACs spent $52 million in donor money on in 2023 alone."
Summary of Trump's media company. https://www.politico.com/news/2024/03/22/trump-truth-social-money-financial-troubles-00148456
New York Attorney General takes initial step to prepare to seize Trump assets | CNN Politics excerpt: "The process to seize assets would not be quick or easy. Trump has structured his business by setting up limited liability companies for nearly every property or asset – over 300 in total – which ultimately are controlled by his trust. “They are complexly organized and he is not on paper the owner and therefore a judgment against him would not be executable directly against certain properties. Sorting this out is not going to be simple and it’s not going to be quick,” said Nikos Passas, a professor of criminology and criminal justice at Northeastern University. “In the meantime, she could also obtain bank levies and go after the bank assets. She could put liens on properties. There are all kinds of things that she’s able to do in an effort to collect,” Passas said. “All this is completely undermining the brand, which he uses for the most part for making any kind of money around the world not just the United States,” Passas said. “In the end I think this could very much mean the end of Trump business in New York and not only – it could spell trouble in other jurisdictions too.”"
New York Attorney General takes initial step to prepare to seize Trump assets | CNN Politics excerpt: "Engoron laid out a timeline of certain steps the Trumps must take within the next month, including providing the monitor, retired Judge Barbara Jones, with full access to its day-to-day financial operations. In two months, the judge said, the monitor is ordered to submit a report “describing her assessment of the Trump Organization’s internal controls and shall recommend proper internal controls for the Trump Organization.” He also put the Trumps on notice that he may order them to implement the monitor’s recommendations. Engoron also empowered the monitor to have copies of the Trump Organization’s monthly bank and brokerage statements, be notified in advance of any transfers above $5 million, be provided information about the creation or dissolution of business entities, and be informed in advance of any debt financing."
Trump says one million of his followers before the day is over should give him their money as a show of faith that they can't be stopped. Trump pleads with supporters for cash to help pay soaring legal bills excerpt: "In his fundraising email lamenting the threat to Trump Tower, he said donations would help send “Biden’s corrupt regime … the message … that our patriotic movement CANNOT BE STOPPED! “So before the day is over, I’m calling on ONE MILLION Pro-Trump patriots to chip in and say, STOP THE WITCH HUNT AGAINST PRESIDENT TRUMP!”"
Trump's financial activity will be monitored for at least the next three years. Fox is trying to spin the news in defense of Trump by referring to it as 'snooping'. NY court to snoop on Trump Organization finances for 3 years, judge orders excerpt: "Based on the Court's findings in its February 16th Order, the Court ordered the continued monitoring of Defendants' financial and accounting practices and disclosures, including and enhanced role for the Monitor, for a period of no less than three years, as well as the appointment of an Independent Director of Compliance," Engoron wrote in the Thursday order.
US Republicans have taken sharp populist turn in the Trump era, Reuters/Ipsos data shows excerpt: "Some of the changes are stark: One in five Republicans today say the U.S. should often flex its military muscle to achieve foreign policy goals, down from one in three a decade ago. Just half say they have "at least some" confidence in election integrity, down from two-thirds who previously expressed that view. At the same time, the share of Republicans who see immigration as an imminent threat has risen sharply, while support for free trade has softened. The shifts reflect an electorate that has become more populist, both feeding off of Trump's populism and influencing the broader party, said J. Miles Coleman, an analyst at the University of Virginia’s Center for Politics. "It's hard to see the (party) going back to nominating Mitt Romney-type candidates," Coleman said. Romney, who lost in 2012 to Democrat Barack Obama, at the end of this year will retire from the U.S. Senate, joining an exodus of old-line Republicans."
During the 1988 presidential race, Gary Hart dropped out of the race after being seen with Donna Rice. How Scandal Derailed Gary Hart's Presidential Bid | HISTORY "Gary Hart was the presumed Democratic presidential candidate in the spring of 1987 when the Miami Herald reported that rumors of his “womanizing” were true. The ensuing scandal over his extramarital affair with a woman named Donna Rice ended his candidacy. Yet according to Gail Sheehy, a journalist who covered Hart for Vanity Fair in the 1980s, the real story was bigger than just one affair—it was about Hart’s fundamental character, and whether a man like him should be president."
Trump beating Biden in MI by eight points and tied with him in PA. https://www.politico.com/news/2024/03/22/trump-biden-polls-00148535 excerpt: "Donald Trump held an eight-percentage-point lead over Joe Biden in Michigan while tying with his Democratic rival in Pennsylvania, according to a pair of new polls released Friday. The former president garnered 50 percent support from surveyed Michigan voters compared to Biden’s 42 percent in a hypothetical matchup, according to the CNN poll. In Pennsylvania, Trump and Biden both earned 46 percent of the vote."
Trump's failed lawsuits against the media. https://www.politico.com/news/magazine/2024/03/22/trump-stephanopoulos-media-lawsuits-00148430 excerpt: "He sued comedian Bill Maher in 2013 (and then withdrew the suit) when Maher promised him $5 million if he could prove his father wasn’t an orangutan. In 2020, Trump sued CNN for an opinion piece about the Mueller investigation. The suit was soon dismissed. In March 2020, the Trump campaign sued both The Washington Post and The New York Times for publishing 2019 opinion columns about alleged Russian election interference. In 2021, he sued the The New York Times for its 2018 investigation of his finances. The case was tossed, and Trump was ordered to pay the paper $400,000 to cover its legal costs. In 2023, Trump sued journalist Bob Woodward for publishing interviews he said violated his copyright, and his Truth Social platform filed a suit against The Washington Post over coverage of the company’s finances. (Famously in the mid-1980s, Trump sued the Chicago Tribune and its architecture critic for criticizing his plan to build the world’s tallest building in Manhattan. The suit was naturally dismissed.)"
Trump's Truth Social is losing money and has scant sales. Yet it could trade at a $5 billion value. excerpt: "The question is whether Truth Social can ramp up revenue by attracting new advertisers to a platform that critics say is squarely focused on Trump's personality and conservative views. Expanding its user base will be key to its success, according to risk factors listed in a regulatory filing related to the merger. That isn't the only risk for the business, according to the filing. Among others are the "death, incarceration or incapacity" of Trump, as well as Trump's history with some of his earlier businesses, including the bankruptcy of the Trump Taj Mahal in 1991 and the bankruptcy of the Trump Hotels and Casinos Resorts in 2004, among other bankruptcies. "A number of companies that were associated with President Trump have filed for bankruptcy," the filing states. "There can be no assurances that [Trump Media & Technology Group] will not also become bankrupt.""
https://www.axios.com/2024/03/17/trump-rally-bloodbath-january-6 excerpt: "Former President Trump's rally in Dayton, Ohio, opened Saturday with an announcer's voice directing the packed MAGA crowd: "Ladies and gentlemen, please rise for the horribly and unfairly treated Jan. 6 hostages.""
Trump is the same as telethon hosts with the big dollar counter on the wall behind him showing that they are (supposedly) short of the money they wanted to raise and begging people to send in more money to reach the goal before the deadline.
SC man who sprayed police with bear spray at Capitol riot pleads guilty. https://www.thestate.com/news/local/crime/article286997345.html
VA man found guilty of a felony for rioting at Capitol. https://wset.com/news/nation-world/...n-interference-2020-fbi-department-of-justice
Cardinals fan known as 'Rally Runner' pleads guilty to rioting at Capitol. Cardinals super fan 'Rally Runner' admits role in Jan. 6 Capitol riot excerpt: "Donnelly has previously been convicted of passing bad checks, theft, stealing a motor vehicle and attempted tampering with a witness or victim."