Category: Business

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Business GOP

DeSantis Says He May Build A Prison Next To Walt Disney World In Orlando

Proving yet again that he’s an immature and insecure manbaby, Florida Republican Gov. Ron DeSantis is now threatening to build a prison next to Walt Disney World in Orlando as payback for Disney daring to oppose his draconian “Don’t Say Gay” law.

Speaking at a press conference Monday, DeSantis said that Republicans in the Florida legislature are working to introduce legislation that would overturn Disney’s control of the Reedy Creek Improvement District where the amusement park is located. The governor has been actively trying to strip Disney World of its current right to self-governance.

What might the governor do if and when he gains power over Disney and Reedy Creek? To that question, DeSantis responded, “So if you look at this whole special district, well, Disney Corporation obviously owns a lot of it, but the district owns other land. And you know, quite frankly, I wasn’t even thinking about that land.”

The led DeSantis to add:

“Oh, but come to think of it, now people are like, well, what should we do with this land?” he continued. “And so, you know, it’s like, okay, kids, I mean, people have said, you know, maybe, maybe have another, maybe create a state park, maybe try to do more amusement parks.”

Then came mention of building a prison next door to Disney World.

“Someone even said, like, maybe you need another state prison. Who knows? I mean, I just think that the possibilities are endless.”

That led to an outpouring of anger on Twitter.

https://twitter.com/snowmanomics/status/1648018881569497113?s=20

Categories
Business GOP

GOP’s Boycott Of Bud Light Gets Called Off Because Party Needs Anheuser-Busch’s Campaign Bucks

All week long, social media has been littered with various meltdowns, protests, and calls for boycotts of Bud Light beer and its parent company, Anheuser-Busch, for daring to partner with a trans influencer by the name of Dylan Mulvaney, who is a major star on TikTok.

As Business Insider reports, many right-wingers and other conservative crybabies have been posting videos of themselves destroying cans of Bud Light (which of course they first had to purchase) and vowing to never ever drink any Budweiser product again.

Now conservatives, angry with the brand’s association with Mulvaney, started taking out their rage on beer cans. 

One example was the singer and far-right figure Kid Rock, who posted a video on his Instagram page. In the video, he uses his rifle to shoot multiple cans of Bud Light stacked atop each other on a wooden table.

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Kid Rock (@kidrock)

Other far-right wingers quickly caught on and found ways to show their displeasure with the brand. Some people — like TikTok user tanmanwho — tossed their beers into garbage cans.

However, it turns out that the Republican establishment isn’t ready to dump Bud, Bud Light, or Anheuser-Busch. Why? Well, because they desperately need their campaign contributions, which are significant, according to The Daily Beast.

The National Republican Congressional Committee quietly deleted a fundraising page Saturday that took aim at one of their largest donors, the parent company of Bud Light, Anheuser-Busch.

This comes shortly after the NRCC accused Bud Light of tasting like water and attempting to raise money off that premise.

“Thanks to Dylan Mulvaney, we can all finally admit that Bud Light tastes like water,” the NRCC said in a since-deleted tweet that The Daily Beast reviewed and can be seen below. “With our new koozie’s, you can make sure no one confuses Bud Light with real beer ever again.”

A corresponding page for GOP fundraising was also given the delete button, but not before screenshots could be made.

“Woke companies making you feel like drinking?” the fundraiser continued, using Bud Light’s iconic blue writing. “Then this limited-edition koozie is perfect for you! Just chip in $10 to CLAIM YOUR LIMITED-EDITION KOOZIE!”

How much money are we talking about that the NRCC was afraid to give up? Well, in the 2022 election cycle, Anheuser-Busch and its employees gave the NRCC almost $465,000.

One GOP operative told The Daily Beast (off the record, of course), “I assume they backtracked because they realized they were biting the hand that feeds them, and as soon as word gets around about that, why would anyone else give them big money in the future?”

If you listen closely, you can almost hear the homophobic right-wing snowflakes having a hissy fit.

Categories
Business Donald Trump The Trump Organization

‘Toxic’ Trump Organization Facing Financial Collapse After Tax Fraud Convictions: Report

On Tuesday, a New York jury found the Trump Organization guilty on 17 counts of tax fraud and falsifying records, and the company will now have to pay a $1.6 million fine for its crimes.

Small change for a man who claims to be worth billions, isn’t it? But that’s only the tip of iceberg for what else is about to happen to the failed ex-president’s company, which remains under investigation on multiple fronts.

Anti-corruption attorney Ben Gershman tells Politico the future of Trump Org. will be financial collapse in the very near future.

“The consequences could potentially be devastating for the company. The Trump Organization is now toxic. Nobody wants to touch them.

“They’re going to be totally unable to obtain financial support from any responsible financial institution. I’m thinking of loans, I’m thinking of mortgages, I’m thinking of insurance. They’re not going to be able to get any government support, financing and contracts and so on because they’re a convicted felon.”

The 17-count conviction also makes it more likely that Trump and his company will be found guilty in other courts, according to former Manhattan District Attorney Cy Vance:

“This is the first of what I think are going to be a number of jury verdicts rendered around the former president’s inner circle and his family business. This really is his brand. That brand has now been found guilty of systemic tax fraud.

“Others who have legitimate investigations, I think, will see that criminal cases can be brought and can be won. I think that was always the big question mark, and that question has now been answered.”

Trump has announced his intention to run for another term as president, probably because he believes that if he wins he can be shielded from any lawsuits, but his chances of winning in 2024 are decreasing each day as new allegations arise against him.

The perfect karmic justice for the entire Trump family would be with them in prison and broke.

Categories
Business Donald Trump Social Media

Stock Price Of Trump’s ‘Truth Social’ Site Plummets After Kanye West Moves To Buy Parler

While disgraced former president Donald Trump may pretend to be friends with rapper Kanye West, a move West made to buy the right-wing Parler social media site has negatively impacted the stock price of Trump’s Truth Social site.

Forbes reports that in Monday trading, Trump’s company lost a full 8% of its share price.

Shares of Digital World Acquisition Corp. (DWAC), the special purpose acquisition company with turbulent plans to merge with Truth Social’s parent Trump Media and Technology Group, fell 8% to $16.11 Monday as a new brash billionaire threw his hat into the conservative social media ring.

Even worse for Trump is the fact that shares of DWAC are down 70% so far this year as Elon Musk begins to make rumblings about going through with his plans to acquire Twitter, a promise Musk has previously made and then backed away from.

West was booted from Twitter and Instagram for anti-Semitic comments in which he suggested that he was planning to carry out violence against Jews, with The Washington Post reporting:

His account, @kanyewest, was “locked for violating Twitter’s policies,” a Twitter spokesperson said in an email Sunday, declining to state which policy he had violated. The account shows that a recent tweet violated Twitter rules.

Though the tweet is no longer visible on his account, screenshots shared widely on social media show that Ye had said he would go “death con 3” on “JEWISH PEOPLE,” an apparent reference to Defcon, the U.S. military defense readiness system. In the tweet, he used antisemitic tropes and said he could not be antisemitic “because black people are actually Jew also.”

A spokesperson for Meta, the parent company of Instagram formerly known as Facebook, said in an email that the platform “deleted content from @kanyewest for violating our policies and placed a restriction on the account. We may place restrictions on accounts that repeatedly break our rules, for example, we may temporarily restrict them from posting, commenting, or sending DMs.” Screenshots of the post show that Ye had posted an apparent conversation with the rapper Diddy, employing antisemitic tropes to allege that he was being influenced by Jewish people.

For months how, there have been reports that the inability of Trump and others to raise additional capital to keep Truth Social afloat will lead to a financial collapse before the end of 2022.

Categories
Business Donald Trump Social Media

Investors Dump Trump’s Truth Social Site And Withdraw Millions As It Nears Financial Collapse

Failed, one-term, twice-impeached former president Donald Trump’s fledgling social media site, Truth Social, appears to be headed for a quick demise, much like nearly every business venture the Donald has attempted over the course of his life.

According to Reuters, major investors are now withdrawing millions of dollars in financing.

Some investors are backing out of Digital World Acquisition Corp’s (DWAC.O) plan to acquire former U.S. President Donald Trump’s social media firm Truth Social, the blank-check firm said on Friday.

Digital World said it had received termination notices from private investment in public equity (PIPE) investors ending nearly $139 million in investments out of the $1 billion commitment it had previously announced.

That move by some investors could lead to a complete collapse of the deal, which would mean Truth Social no longer has any operating capital. That would lead to the death of the site.

More investors could pull out in the next few weeks, sources said, as they can terminate anytime after the deadline. Many are waiting for DWAC to propose more preferred terms to PIPE investors, sources added.

Truth Social was created by Trump because he was permanently banned from both Twitter and Facebook. The plan was to serve as an alternative to those sites, but Truth Social has suffered numerous setbacks since it first launched.

The biggest problem for Truth Social, however, has been a lack of interest by potential users. So far, the site only has approximately 550,000 active daily users. In contrast, Twitter has 217 million.

Just last month, it was reported that Truth Social was unable to pay its bills, including for the server which hosts the site:

There are signs that the company’s financial base has begun to erode. The Trump company stopped paying RightForge, a conservative web-hosting service, in March and now owes it more than $1 million, according to Fox Business, which first reported the dispute.

The company also has struggled with some basics of corporate operation. The U.S. Patent and Trademark Office this month denied its application to trademark “Truth Social,” citing the “likelihood of confusion” to other similarly named companies, including an app, “VERO — True Social,” first released in 2015.