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March 26, 2024
The Morning Rant: Minimalist Edition
Ah...unintended consequences are often delicious, and this one is a doozy! Donald Trump was a bombastic businessman with an insatiable desire for publicity and fame. He wasn't much of a conservative, and that worked well in his world, where there were plenty of Democrats whose money and approval he needed.
But the savagery exhibited by those same Democrats when Donald Trump entered the political arena was almost unbelievable. And when he won the Presidency they doubled down, attacking him on all fronts, and trying to muzzle him by limiting his social media communication.
So he built his own outlet!
Trump Joins List of World's 500 Wealthiest Despite Left's Endless Lawfare
...[I]nvestors approved a deal to bring Trump's "Truth Social" platform public by merging it with a special purpose acquisition company (SPAC) called "Digital World Acqusition Corporation." That SPAC had the ticker DWAC at the time of the merger, and it's changed to DJT as of Tuesday to reflect the new listing.
While it's "on paper" for now, Trump's net worth officially doubled yesterday, making him one of the wealthiest 500 people on the planet.
I have no idea whether it will be a financial success. Valuations for businesses such as this are laughably inaccurate, and a darling of the stock market one day can be crushed the next.
But the timing couldn't be more galling for the rabid left trying to crush Trump under an avalanche of civil and criminal proceedings. Had they treated Donald Trump the way they did before he entered politics, my guess is that he would have been a mushy Republican with a few quirks about easing business restrictions after eight years of Obama lunacy. Probably Romney with a hotter wife!
The deplatforming, lies, legal machinations and vitriol pouring forth from every Democrat maw made sure that Donald Trump was combative and defensive and absolutely pushed him to take more conservative stances on many issues.
The left can thank themselves for that, and they can thank themselves for his potential new-found wealth!
It would take a heart of stone not to laugh!