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Trumpocalypse Now
This time for sure, though...!
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Bannon is in contempt.

https://www.cnn.com/politics/live-news/s...index.html
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Get. Him. The. Fuck. In. Jail. Now.

Garland, don't fuck this up for the sake of "normalcy".

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This time for sure, though...!
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The House speaker has to sign off for submission to the DOJ. But as I understand it, it's too late for Bannon to change his mind now.
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He can't go to jail. He's protruding from poor Marshall Bell's torso and HE didn't do anything wrong..

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(Yesterday, 12:28 PM)fuzzy dunlop Wrote: Trump's branded Twitter ripoff 'TRUTH Social' just launched and it seems to be going well:

[Image: FCMRk1EXIAY93Ka?format=jpg&name=900x900]

Lotta Republicans gonna find out that this ain't so fun once there's no liberals to troll.  That and the high amounts of child porn and racism.
"God moves in mysterious ways," they said. Maybe he is on your side, the way it all worked out. Remembering other Christmases, wishing for something, something important, something special. And this is it, baby boy Frankie Bono. You're alone now. All alone. The scream is dead. There's no pain. You're home again, back in the cold, black silence
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Half the people on there will be liberals grabbing screenshots so they can repost them on Twitter. More than half.
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Trump's social media project is a common type of stock market swindle that uses a shell company to fool investors who would otherwise have the sense to steer clear. CNN has more on how it works.

https://www.cnn.com/2021/10/21/business/...index.html
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(Yesterday, 04:53 PM)bradito Wrote: Half the people on there will be liberals grabbing screenshots so they can repost them on Twitter. More than half.

That might help goose traffic numbers, but you can't properly troll people if they aren't actively engaging.  That's been a recurring problem for all attempts at this stupid thing.
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(Yesterday, 05:13 PM)Reasor Wrote: Trump's social media project is a common type of stock market swindle that uses a shell company to fool investors who would otherwise have the sense to steer clear. CNN has more on how it works.

https://www.cnn.com/2021/10/21/business/...index.html
boy am i surprised who could have anticipated this
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Literally....EVERYONE..

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(Yesterday, 04:53 PM)bradito Wrote: Half the people on there will be liberals grabbing screenshots so they can repost them on Twitter. More than half.

FBI agents getting one step ahead of the domestic terrorists, and rubberneckers coming to watch the shitfest.
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(Yesterday, 05:13 PM)Reasor Wrote: Trump's social media project is a common type of stock market swindle that uses a shell company to fool investors who would otherwise have the sense to steer clear.  CNN has more on how it works.

https://www.cnn.com/2021/10/21/business/...index.html

"The Nasdaq-listed shell company is led by Patrick Orlando, who is also the CEO of Yunhong International, a SPAC based in Wuhan, China, according to fillings."

Unreal
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I wonder if......naaahhh...no way..

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Key investors started bailing as soon as they heard whose company it really was, including one big money hussla who had picked up ten percent of the company.

https://www.huffpost.com/entry/donald-tr...7357395117
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Ahahahaha ahahah aha hahaha ahahaha hahahah
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What did they think they were investing in??

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It's laid out in the article, but in brief, they were investing in that stupid scam thing Reasor mentioned, wherein you as a sensible, responsible venture capitalist give piles of money to a company that's going to give it to some other company that totally might maybe hit it big and pay you back in spades, except not only do you not know what it is, the intermediary company doesn't either, because they haven't decided yet.

So just another day in the madworld hellscape that is the post-'90s American business world, where nobody learned anything from the dotcom crash, and they're sure as hell not going to learn anything from this, either.
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Ok. I did read the article but I realize what I misunderstood now..

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Going into a SPAC is not altogether different to going into a fund. You might get some control through investment policies but you’re ultimately relying upon the investment professionals doing the DD and negotiations. Any of you with a private pension is likely in a fund and you have very little control as retail investors. The extent to which you are at risk in part depends on diversification and SPACs are predominantly risky because of concentration on one ultimate transaction going well. Even then the negative controls on the way the SPAC can invest means a lot of the risk is on failed process not blind investment.

This appears to be a wholly different situation where dumb shits went into a SPAC without the usual transparency and not knowing it was a front for a Trump fundraising.
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