Trump’s ‘Truth Social’ Facing Grave Financial Issues
Former president Donald Trump’s “Truth Social” website is in serious financial difficulty as its traffic is dwindling and the company scheduled to acquire it expresses fear that Trump’s legal problems could lead to a big decline in his popularity. In addition, the company’s financial base has begun to erode, and it stopped paying its conservative web-hosting service RightForge back in March, meaning it now owes RightForge more than $1 million. Payment disputes and a dwindling audience are fueling doubts about whether the former president’s Twitter clone can survive.
What? Trump is behind a failed business? Say it isn’t so! I just don’t get it; they had such a solid business model - using dark money provided by international crooks, shysters, and arms merchants - to finance a place where half-wits, conspiracy theorists, white supremacists, and other crackpots can gather to tell each other outrageous lies, spread hate, and defend the indefensible. Now, please explain how something so foolproof could possibly fail. How sad! Why, after I told all my friends about it, there wasn’t a dry eye in the house. Of course, many of them were heavily medicated.
Honestly, I just don’t get it. Why, Trump even hired a California congressman and dairy farmer named Devin Nunes to run the show. That’s because as everyone knows - behind every successful media & technology company, there have to be dairy cows. It’s just that simple. So, traffic on the site is also weak? Frankly, it sounds like a lot of hard-core MAGA “patriots” have spun so far to the right that Trump may now be way too liberal for them. In fact, in some circles, Trump is now considered a “TINO” - which means “Trump In Name Only.”
Frankly, I find it rather hard to believe someone could fail at this, selling “pure BS” to Americans - when we seem to have such an endless appetite for it. Gee, if only they could figure out a way to launder foreign drug money that might help…oh, wait! Oh well, guess this venture will soon join Trump’s other failures - like Trump casinos, Trump University, Trump Airlines, Trump Vodka, Trump Charities, and Trump Steaks. I guess the only question left now is - when Trump finally croaks, where will his carcass be displayed - in the Capitol Rotunda, or in the cafeteria at Mar-a-Lago?
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Feel free to reply to any comment by clicking the "Reply" button.Who would have thunk it?
glennlab
Level 10
Aug 28, 2022
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Who didn’t know this? Still amazes me that any reputable person would do business with him.
@Redheadedgammy A lot of businesses don't do their due diligence. The hungrier a business is the less likely they are to check out who they are doing business with. That's one reason he has bankrupted so many small businesses when he walks away from his bills.
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