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Donald Trump Elections Fox News

Fox News Mocks Trump As A ‘Three-Time Loser’ On His Truth Social Site

Fox News is making it clear that they’re finished with disgraced, one-term, twice-impeached former president Donald Trump, even going so far as to call him a “three-time loser” on his failing Truth Social site.

That’s just the latest escalation from Fox, with The Guardian reporting that Rupert Murdoch has let Trump know he will not support his 2024 presidential campaign, which the ex-president recently announced.

After the Republican party’s disappointing performance in the US midterm elections, in particular the poor showing by candidates backed by Trump, Murdoch’s rightwing media empire appears to be seeking a clean break from the former president’s damaged reputation and perceived waning political power.

Last week, Murdoch’s influential media empire, including right-leaning Fox News, his flagship paper the Wall Street Journal, and the New York Post, each rounded on Trump, calling him a loser and a flop responsible for dragging the Republicans into “one political fiasco after another.”

“We have been clear with Donald. There have been conversations between them during which Rupert made it clear to Donald that we cannot back another run for the White House,” a senior News Corp source told thenewspaper.

Instead, Fox and News Corp are going all-in on Florida Gov. Ron DeSantis (R), who is seen as having a much better chance of winning if and when he decides to run for president.

Lachlan Murdoch, the heir apparent and eldest son, who co-chairs News Corp and runs the parent company of Fox News, has reportedly told DeSantis that the group would back him if he ran in the next election. “Lachlan has been keen on Ron for some time,” said the source. “He’s viewed within the organisation as a sanitised version of Donald.”

DeSantis, who has been called “DeFuture” by the New York Post and “the new Republican party leader” in a Fox News column, has not declared whether he intends to compete to be the party’s 2024 presidential candidate.

It’ll be interesting to see how Trump responds to being tossed overboard by Murdoch and Fox.

 

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.

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Donald Trump Jr. Eric Trump Social Media

Don Jr. And Eric Demanded A Stake In Their Father’s Truth Social Company: Report

Proving the old adage that the apple doesn’t fall far from the tree, a new report suggests that Donald Trump Jr. and his brother, Eric, are indeed grifters just like their old man, and even demanded a stake in his Truth Social company even though they played no role in the formation of the social media site which has been plagued by financial problems since it went live in February.

Will Wilkerson, a co-founder of Truth Social, told The Washington Post that Don Jr. and Eric asked for a “handout” even though they deserved nothing.

“They were coming in and asking for a handout. They had no bearing in this company … and they were taking equity away from hard-working individuals.”

Wilkerson was one of the very first Trump Media & Technology Group employees and later served as vice president of operations until Thursday when he was forced off the board by the ex-president. Why? Because he failed to be sufficiently obedient to Trump when it came to issues such as making sure that former first lady Melania Trump was also given stock in the company, even if that meant having to take stock from someone who actually worked at the company.

Now, however, Wilkerson is cooperating the Securities and Exchange Commission, which suspects possibly illegal behavior by the former president and others who are associated with Truth Social.

Included among the evidence Wilkerson has handed over to investigators is a computer log he kept while he worked for Trump Media. That log includes mentions of Don Jr.:

“Trump Jr. ‘needs a bedtime story and some love.'”

Not only does the apple not fall far from the tree, neither does the grifting.

 

Categories
Corruption Crime Donald Trump Social Media

New Legal Problems For Trump – Gets Busted Shaking Down His Social Media Business Partner

Already facing massive legal problems for his role in the January 6, 2021 attack on the U.S. Capitol and illegally hoarding classified documents at his Mar-a-Lago resort, failed former president Donald Trump is now accused of shaking down a partner in his failing social media venture, Truth Social.

The Washington Post took a deep dive into why Truth Social is sinking into financial morass and discovered that the ex-president wanted a top executive at the site to hand over some of his shares to former first lady Melania Trump.

Will Wilkerson, then an executive at former president Donald Trump’s start-up Trump Media & Technology Group, was at a Fort Lauderdale, Fla.,coffee shop with company co-founder Andy Litinsky last October when Trump called Litinsky with a question: Would he give up some of his shares to Trump’s wife, Melania?

Trump Media, the owner of the fledgling social network Truth Social, had just been boosted by a huge merger agreement and a flood of investment that had made the stake worth millions of dollars. Trump had already been given 90 percent of the company’s shares in exchange for the use of his name and some minor involvement, leaving everyone else to split the rest.

Litinsky tried to brush it off, telling Trump “the gift would have meant a huge tax bill he couldn’t pay,” Wilkerson said in an interview. “Trump didn’t care. He said, ‘Do whatever you need to do.’ ”

A few months after Litinsky refused to do as Trump had suggested, he was unceremoniously removed from the company’s board of directors, which certainly sounds like retaliation for not doing what the Donald wanted.

Though Litinsky has not spoken publicly about the incident, Wilkerson has and is now cooperating with prosecutors who are taking a close look at Truth Social, according to The Post.

Wilkerson is cooperating with investigations into Trump Media by the SEC and federal prosecutors from the Southern District of New York, said his attorneys, Phil Brewster, Patrick Mincey and Stephen Bell. Among the materials he filed with the SEC’s whistleblower office is a detailed, day-to-day computer log compiled by company co-founder Wes Moss, Litinsky and Wilkerson about their daily company-related activities.

Those investigations could serve as the end of Truth Social, which is already on the verge of financial collapse, as Trump and his partners cannot access more operating capital as long as federal regulators suspect illegal behavior by top excutives.

Wilkerson now says he believes Truth Social will fail, like so many of Trump’s business ventures have:

“We weren’t trying to be Trump Org 2.0. We always saw Trump as the rocket fuel to send this thing to space. I wanted this to succeed more than anything. … But these are glaring issues, and they’re threatening me now for calling them out. I couldn’t stay quiet anymore.”

Categories
Donald Trump Elon Musk Social Media

Elon Musk Mocks Trump’s Truth Social And Suggests New Name For The Site

Even though he claims he’s actually going to purchase Twitter this time, Elon Musk still doesn’t control the social media site, and is lashing out at a potential competitor.

Speaking with the Financial Times, Musk had this to say about Truth Social (a.k.a. Twitter for losers), which failed, one-term former president Donald Trump now uses since he was banned from Facebook and Twitter for spreading lies about the 2020 election, which he lost in a landslide to President Joe Biden.

“[Truth Social] is essentially a rightwing echo chamber. It might as well be called Trumpet.”

So why is Musk suddenly interested in controlling Twitter, a deal he abandoned just months ago?

“I’m not doing Twitter for the money. It’s not like I’m trying to buy some yacht and I can’t afford it. I don’t own any boats. But I think it’s important that people have a maximally trusted and inclusive means of exchanging ideas and that it should be as trusted and transparent as possible.”

Musk’s interview with the Financial Times was wide-ranging and included the topic of his children, some of whom have publicly disowned him.

He also expressed his concern the American left has taken over academia and is warping the minds of young people. While he very briefly discussed his transgender daughter, Musk blamed “communism.”

“It’s full-on communism… and a general sentiment that if you’re rich, you’re evil,” He said. “[The relationship with her] may change, but I have very good relationships with all the others. Can’t win them all.”

The American left is evil, and yet Musk is still so ill-informed and brainwashed that he thinks anyone who disagrees with him is a communist. That’s classic right-wing propaganda, and it proves what an intellectually lazy person Elon Musk is and apparently always will be.

As for Truth Social, recent reports suggest it won’t be around much longer because it’s hemorrhaging money and losing investors.