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Fears grow Trump's Truth Social is headed for bankruptcy as bills pile up: report


Scott

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Truth Social(TS) the most mismanaged technology company in history, launched in Feb 2021 ...has only been available on Apple devices. but.....Most of the MAGA people I know use Android. (I think they consider Apple Woke, no?)

 

Finally TS managed to develop their platform for Android use & launched on August 19 2022.

BUT......Truth Social app still not approved & available on Google Play Store due to insufficient content moderation. Google notified Truth Social of several violations of policy such as physical threats & inciting violence.

 

 

“When are we going to be available on Android?” Nunes said. “Well, look, that’s up to the Google Play Store. I mean, we’re waiting on them to approve us, and I don’t know what’s taking so long.”

Edited by LarrySR
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The Honorable Devin Nunes is the CEO.

 

Trump and Ka$h Patel were removed from the board last month.

 

Think they're, (TruthSocial) in legal hot water.

 

Trump went a bit whacko on TS yesterday, he may not be well.

 

Trump shares barrage of QAnon content and other conspiracy theories on his social media platform

 

Facing numerous investigations, Trump shared posts promoting conspiracy theories, some of them from the account that originated QAnon, as well as a fake quote from his daughter.

 

https://www.nbcnews.com/politics/donald-trump/trump-shares-barrage-qanon-content-conspiracy-theories-social-media-pl-rcna45465

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disclaimer: article is 2 years old.

 

On Friday, Steven Biss, the attorney of California Republican Representative Devin Nunes, said that he and his client are "at a dead end" after a judge threw out their subpoena to discover the identity of a Twitter user who publishes unflattering media about Nunes under the guise of "Devin Nunes' Cow."

 

In March 2019, Nunes filed a $250 million defamation lawsuit against two parody Twitter accounts: one claiming to be written by his mother and another claiming to be written by a cow from his family's dairy farm. Nunes said the "cow" conspired to damage his re-election chances.

 

https://www.newsweek.com/devin-nunes-attorney-says-he-cannot-find-out-identity-twitter-cow-1510608

Edited by ozimoron
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18 minutes ago, bamnutsak said:

The Honorable Devin Nunes is the CEO.

 

Trump and Ka$h Patel were removed from the board last month.

 

Think they're, (TruthSocial) in legal hot water.

 

Trump went a bit whacko on TS yesterday, he may not be well.

 

Trump shares barrage of QAnon content and other conspiracy theories on his social media platform

 

Facing numerous investigations, Trump shared posts promoting conspiracy theories, some of them from the account that originated QAnon, as well as a fake quote from his daughter.

 

https://www.nbcnews.com/politics/donald-trump/trump-shares-barrage-qanon-content-conspiracy-theories-social-media-pl-rcna45465

Very convenient for him as he just shared what others are claiming. Same tactic as "I've been told....", "people say..."

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  • 4 weeks later...

I do have a quibble about the title of this thread:

 

"Fears grow Trump's Truth Social is headed for bankruptcy as bills pile up: report"

 

I'm not afraid at all. in fact, I'm rather looking forward to it. I do wonder why Trump's supporters haven't flocked to the site. I suppose because they can't troll each other. Which is why Twitter is so enticing to them.

Edited by placeholder
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On 8/31/2022 at 1:50 AM, bamnutsak said:

Trump went a bit whacko on TS yesterday, he may not be well.

Be sure you're sitting comfortably before reading on.

"I would rather have [Biden] succeed incredibly, even if it meant a much tougher [election] and maybe even a loss," Trump told Hannity, adding that he is in favor of what's best for the country.

https://www.msn.com/en-us/news/politics/donald-trump-s-latest-comments-on-joe-biden-will-take-you-by-surprise/ar-AA12cFo8?cvid=c300c4f952614975a6b7935ec1a11ef4

 

Of course, we can't be sure which particular country he means.  What's best for the country  could mean anything. 

You can tell things aren't going well beneath the orange mop.  He's resorting to bringing up the already tired tropes, like the FBI raiding his beach resort looking for Hillary emails.

Strictly IMO, at this point there is a possibility all this document stuff could lead to an espionage case, and he knows it.

 

 

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On 8/29/2022 at 10:40 PM, placeholder said:

It's truly bizarre that Truth Social is supposed be dedicated to free speech yet it's headed by a guy who has posted a truly impressive number of failed defamation lawsuits. Because, you know, free speech...

Hey, come on now, that cow was very very rude to do that!  :cheesy:

 

 

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After 9/11 USPS started keeping a database of addresses that were mailbox services.  I've used such things for years, and then one day I got a note from a credit card issuer I applied with telling me I needed to give a legit address, even if I preferred to get my mail at a box.  You would think someone who (supposedly) owns so much real estate would be able come up with a less obvious address.  "I have a very good mind!"

 

Jared owns a building across the street from DT tower, at 666 Fifth Avenue.  Great address for a fake conservative.

 

 

Edited by bendejo
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  • 3 weeks later...

It is funny, sure.

 

But he will NEVER be broke like a falang in Thailand.  NEVER.  EVER.  Not possible.

 

Let's say he loses EVERYTHING.  Zero.  His entire family Zero.

 

Remember 150,000,000 in America ALONE might have voted for him, with other fans worldwide.  

 

Books, easy 30 million USD.  Family writes book.  Another 10 million.

 

Speaking, 10 million.  Maybe 50 million.

 

Sure, he won't be mega-mega-rich, but he will NEVER be poor like a falang in Pattaya.  

 

he will get the last laugh.    Imagine his power and connections versus all the bar girls you know on Soi 7.

 

not same same

Edited by Iamfalang
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7 hours ago, Iamfalang said:

It is funny, sure.

 

But he will NEVER be broke like a falang in Thailand.  NEVER.  EVER.  Not possible.

 

Let's say he loses EVERYTHING.  Zero.  His entire family Zero.

 

Remember 150,000,000 in America ALONE might have voted for him, with other fans worldwide.  

 

Books, easy 30 million USD.  Family writes book.  Another 10 million.

 

Speaking, 10 million.  Maybe 50 million.

 

Sure, he won't be mega-mega-rich, but he will NEVER be poor like a falang in Pattaya.  

 

he will get the last laugh.    Imagine his power and connections versus all the bar girls you know on Soi 7.

 

not same same

And what does any of this hero-worship have to do with the ongoing financial disaster that is Truth Social?

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7 hours ago, Iamfalang said:

Sure, he won't be mega-mega-rich, but he will NEVER be poor like a falang in Pattaya.  

Who cares?  Money cannot buy you time!  He will be dead soon and I will still be enjoying female companionship in Pattaya!  5555

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15 minutes ago, placeholder said:

Well, your comment is certainly no less relevant than iamfalang's.

True, the whole subject is pretty irrelevant. Does it matter whether POTUS 45 has a social media app or not?  Just like so many other ventures he was involved in they go bankrupt.  This one is likely going to be no different

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15 minutes ago, Skallywag said:

Just like so many other ventures he was involved in they go bankrupt.  This one is likely going to be no different

Looks like it will be added to this impressive list of trump failures:-

 

Trump’s failed businesses:

1. Trump Steaks

2. GoTrump 

3. Trump Airlines

4. Trump Vodka

5. Trump Mortgage

6. Trump: The Game

7. Trump Magazine

8. Trump University

9. Trump Ice 

10. The New Jersey Generals 

11. Tour de Trump 

12. Trump Network 

13. Trumped! 

 

Trump companies that sought bankruptcy protection:

1. Trump Taj Mahal 

2. Trump’s Castle

3. Trump Plaza Casinos

4. Trump Plaza Hotel 

5. Trump Hotels and Casinos Resorts 

6. Trump Entertainment Resorts 

 

Can't wait..............!!!!????

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19 hours ago, xylophone said:

Tour de Trump

The wild story behind Tour de Trump, the Trump-sponsored bike race that became one of the biggest cycling events in American history

 

https://www.businessinsider.com/tour-de-trump-bike-race-atlantic-city-history-photos?op=1&r=US&IR=T

 

19 hours ago, xylophone said:

The New Jersey Generals 

However, the revamped Generals never played a down. The 1986 season was cancelled after the USFL won only a nominal one dollar verdict in an antitrust lawsuit against the NFL (which was trebled to three dollars due to it being an antitrust suit); the league folded soon afterward

https://en.wikipedia.org/wiki/New_Jersey_Generals

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16 minutes ago, g man said:

The wild story behind Tour de Trump, the Trump-sponsored bike race that became one of the biggest cycling events in American history

https://www.businessinsider.com/tour-de-trump-bike-race-atlantic-city-history-photos?op=1&r=US&IR=T

 

ooops "Despite the success that the races had, Trump reeled back because of the Trump Organization's financial issues at the time."

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1 hour ago, g man said:

The wild story behind Tour de Trump, the Trump-sponsored bike race that became one of the biggest cycling events in American history

https://www.businessinsider.com/tour-de-trump-bike-race-atlantic-city-history-photos?op=1&r=US&IR=T

However, the revamped Generals never played a down. The 1986 season was cancelled after the USFL won only a nominal one dollar verdict in an antitrust lawsuit against the NFL (which was trebled to three dollars due to it being an antitrust suit); the league folded soon afterward

https://en.wikipedia.org/wiki/New_Jersey_Generals

I think this is the significant sentence in that article:

 

 "It became one of the many projects he's lent his name to and made money from, even without hands-on involvement."

Back then Trump's endorsement was still on balance positive. Not so much anymore.

Trump Product Endorsements Drive Consumers...Away

https://www.nbcnews.com/politics/first-read/trump-product-endorsements-drive-consumers-away-n744301

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Some time ago, around the early 2000s, someone built a development just outside NYC, condos and offices.  He was having trouble getting people interested.  After a while he came up with the idea of getting DT to attach his name to it, paid him a million dollars.  And the units sold like hotcakes.  A friend from the area told me about it back when.  This is the place:

Westchester condo complex dumps Trump name

I don't think there any doubt, with himself included, that going into politics was the worst decision of his life.

 

 

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