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Joined 2 years ago
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Cake day: September 27th, 2023

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  • Like him or hate him, Biden was never not going to back Israel. He’d been an Israel supporter for a long time before he became president, and there’s really no excuse for not knowing that if you’re at all interested in American politics. People wish they could elect some sort of ideal president, but I’ve never seen one, yet.

    So, given that, you might alternatively say that Hamas’s enduring legacy will be the destruction of America. When they attacked Israel at that time, because of the players involved, the GOP’s chances of winning big in 2024 really surged.




  • Trump, a main draw for Truth Social users and many retail investors in the company, said earlier in September that he will not sell his stake. The stock price briefly shot up after his remarks.

    Other early investors have made no such promises. They include ARC Global, a sponsor of the blank-check firm that took Trump Media public, and United Atlantic Ventures, an entity controlled by two former contestants on Trump’s reality show “The Apprentice.”

    I believe it’s not only that these investors made no promises not to sell, but that several of them specifically expressed that they would be selling as soon as they were legally allowed to do so.

    It’s hard to accurately value Truth Social. But I think if Trump were to leave the platform, its value would go to zero, and that makes it very risky. I just saw a price of 12.74. I wouldn’t be surprised if it’s still quite overvalued, and so it makes sense for those investors to try to sell at this price.