The stock price of Donald Trump's Truth Social company went into a tailspin on Monday after a report showed that the company lost about $58 million last year with income of just $4 million. This is EXACTLY what we predicted would happen. Trump's stock value has now dropped by $2 billion since last week, and that slide is likely going to continue as the company loses investors.
Also, a new report has found that social media accounts purporting to be supporters of Donald Trump are actually fake accounts originating from China. These accounts are posting crazy conspiracy theories about President Biden along with other disinformation that is then being shared by huge accounts on social platforms. This is nearly identical to what came out of Russia in the 2016 election.
And from the Trump campaign to the RNC and all the way into the world of conservative pundits there is panic about the pathetic state of the Republican Party's financial status. The biggest issue is that Donald Trump is sucking up so much donor money to pay for his legal bills that he can't even afford to campaign properly. And now that the RNC has announced that they are going to split fundraising with him, it is scaring off donors who would have considered giving to the Party but not to Trump. They are in serious trouble and they know it.
Finally, Donald Trump's lawyers filed a motion with Judge Juan Merchan this week, arguing that the "pre-trial publicity" that Trump has received will make it impossible to get a fair trial. In other words, his lawyers are now trying to argue that he is too famous to even be prosecuted. This motion is destined to fail, as these are the types of issues that are taken up by the court during jury selection, where people with any preconceived notions about the case or the defendant are thoroughly weeded out.
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