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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. The Never-ending Grift

The Never-ending Grift

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  • jon-nycJ jon-nyc

    Yes but did they know who Kristi Noem was?

    I didn’t think so.

    taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote on last edited by
    #155

    @jon-nyc said in The Never-ending Grift:

    Yes but did they know who Kristi Noem was?

    Pretty sure that the answer is no. LOL

    1 Reply Last reply
    • jon-nycJ Online
      jon-nycJ Online
      jon-nyc
      wrote on last edited by
      #156

      She’s going to fix that, at least in the US, with taxpayer dollars.

      "You never know what worse luck your bad luck has saved you from."
      -Cormac McCarthy

      1 Reply Last reply
      • JollyJ Offline
        JollyJ Offline
        Jolly
        wrote on last edited by
        #157

        Lord. Y'all would complain if they hanged you with a new rope.

        “Cry havoc and let slip the DOGE of war!”

        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

        AxtremusA 1 Reply Last reply
        • JollyJ Jolly

          Lord. Y'all would complain if they hanged you with a new rope.

          AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote on last edited by
          #158

          @Jolly said in The Never-ending Grift:

          Y'all would complain if they hanged you with a new rope.

          And the complain would be justified if the old rope still works as acquiring the new rope would be mere waste of funds. More so if the new rope is stenciled with Ms. Noem’s name or initials.

          1 Reply Last reply
          • jon-nycJ Online
            jon-nycJ Online
            jon-nyc
            wrote on last edited by
            #159

            "You never know what worse luck your bad luck has saved you from."
            -Cormac McCarthy

            1 Reply Last reply
            • JollyJ Offline
              JollyJ Offline
              Jolly
              wrote on last edited by
              #160

              Maybe you need to cut down on your X feed...

              Link to video

              “Cry havoc and let slip the DOGE of war!”

              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

              1 Reply Last reply
              • MikM Away
                MikM Away
                Mik
                wrote on last edited by
                #161

                alt text

                “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                1 Reply Last reply
                • jon-nycJ Online
                  jon-nycJ Online
                  jon-nyc
                  wrote on last edited by
                  #162

                  You would think sales would have more or less zeroed out by last summer.

                  "You never know what worse luck your bad luck has saved you from."
                  -Cormac McCarthy

                  1 Reply Last reply
                  • jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote on last edited by
                    #163

                    Trump launches stable coin called USD1

                    https://finance.yahoo.com/news/trumps-world-liberty-financial-crypto-134723917.html

                    "You never know what worse luck your bad luck has saved you from."
                    -Cormac McCarthy

                    1 Reply Last reply
                    • taiwan_girlT Offline
                      taiwan_girlT Offline
                      taiwan_girl
                      wrote on last edited by
                      #164

                      I think the world is ready for the TNCR bit coin!!

                      1 Reply Last reply
                      • jon-nycJ jon-nyc

                        A Melania NFT.

                        taiwan_girlT Offline
                        taiwan_girlT Offline
                        taiwan_girl
                        wrote on last edited by
                        #165

                        @jon-nyc said in The Never-ending Grift:

                        A Melania NFT.

                        https://decrypt.co/313866/melania-solana-meme-coin-dumps-bubblemaps

                        Big names and bigger dumps. Blockchain analytics firm Bubblemaps reported Monday that more than $30 million worth of Melania Meme (MELANIA), a meme coin linked to U.S. First Lady Melania Trump, have been moved and “quietly sold.”

                        On-chain analysis revealed the Solana-based tokens were taken from community funds, and neither the project team nor “launch strategist” Hayden Davis has yet offered any explanation for the movement of the assets.

                        In total, 50 million MELANIA tokens were funneled to wallet “Cq2Tj6,” then split across multiple addresses.

                        and

                        Davis, who previously admitted to launching both MELANIA and LIBRA, has been linked to a broader pattern of pump and dump style meme coins.

                        With team wallets controlling 92% of the MELANIA supply, retail investors are left exposed.

                        The MELANIA token, launched in January after Trump’s inauguration as President, briefly surged past $12 before crashing, mirroring the trajectory of the U.S. President’s own Official Trump (TRUMP) meme coin, which peaked above $72 before suffering a similar collapse.

                        MELANIA now trades at $0.5488, a massive 95.4% drop from its launch-day high. TRUMP, meanwhile, sits at $7.82, marking an 89.1% decline from its peak

                        1 Reply Last reply
                        • taiwan_girlT Offline
                          taiwan_girlT Offline
                          taiwan_girl
                          wrote on last edited by
                          #166

                          The price of Donald Trump's cryptocurrency has soared after the US president promised to host two special events for its top investors.

                          The website for the $Trump meme coin says its 220 biggest holders will be invited to a private gala dinner with the president on 22 May, describing it as the "most EXCLUSIVE INVITATION in the world."

                          According to crypto trading platform Coinbase, $Trump jumped by more than 70% after the announcement. But it remains well below the record high of more than $74 (£42.40) reached shortly after its launch in January.

                          The digital currency is one of several crypto-related ventures launched by businesses linked to Trump, who has called himself the "crypto president".

                          As well as the gala dinner, which will be held at the Trump National Golf Club in Washington DC, there will be "an ultra-exclusive private VIP reception with the President" for the top 25 coin holders, the coin's website said.

                          https://www.bbc.com/news/articles/ce8g2kpzx0go

                          Doctor PhibesD 1 Reply Last reply
                          • taiwan_girlT taiwan_girl

                            The price of Donald Trump's cryptocurrency has soared after the US president promised to host two special events for its top investors.

                            The website for the $Trump meme coin says its 220 biggest holders will be invited to a private gala dinner with the president on 22 May, describing it as the "most EXCLUSIVE INVITATION in the world."

                            According to crypto trading platform Coinbase, $Trump jumped by more than 70% after the announcement. But it remains well below the record high of more than $74 (£42.40) reached shortly after its launch in January.

                            The digital currency is one of several crypto-related ventures launched by businesses linked to Trump, who has called himself the "crypto president".

                            As well as the gala dinner, which will be held at the Trump National Golf Club in Washington DC, there will be "an ultra-exclusive private VIP reception with the President" for the top 25 coin holders, the coin's website said.

                            https://www.bbc.com/news/articles/ce8g2kpzx0go

                            Doctor PhibesD Online
                            Doctor PhibesD Online
                            Doctor Phibes
                            wrote on last edited by Doctor Phibes
                            #167

                            @taiwan_girl said in The Never-ending Grift:

                            The price of Donald Trump's cryptocurrency has soared after the US president promised to host two special events for its top investors.

                            8afe59a2-b6d9-465c-9e56-d569e6e04d97-image.png

                            I was only joking

                            1 Reply Last reply
                            • jon-nycJ Online
                              jon-nycJ Online
                              jon-nyc
                              wrote on last edited by
                              #168

                              RFK Jr shilling product.

                              "You never know what worse luck your bad luck has saved you from."
                              -Cormac McCarthy

                              1 Reply Last reply
                              • HoraceH Online
                                HoraceH Online
                                Horace
                                wrote on last edited by
                                #169

                                That's a satire account.

                                Education is extremely important.

                                1 Reply Last reply
                                • jon-nycJ Online
                                  jon-nycJ Online
                                  jon-nyc
                                  wrote on last edited by
                                  #170

                                  My bad. Thanks for letting me know

                                  "You never know what worse luck your bad luck has saved you from."
                                  -Cormac McCarthy

                                  1 Reply Last reply
                                  • taiwan_girlT Offline
                                    taiwan_girlT Offline
                                    taiwan_girl
                                    wrote last edited by
                                    #171

                                    Trump Hotels and Casino Resorts

                                    Launched to much fanfare in 1995, Trump took Trump Hotels and Casino Resorts public, attracting $140 million in stock purchases from investors betting big on the well-known real estate tycoon.

                                    However, with Trump at the helm, holdings went from a single Atlantic City Casino to quickly snatching up debt-burdened Taj Mahal and a third Atlantic City casino, both previously owned by the now-president himself.

                                    A number of personal loans borrowed from the company followed suit, according to a Forbes report, and eventually, the company lost $647 million from 1995 through 2004, when it declared bankruptcy.

                                    Trump Entertainment Resorts

                                    Following the initial 2004 bankruptcy, Trump Hotels and Casino Resorts was renamed as Trump Entertainment Resorts.

                                    And while Trump was paid $2 million per year despite stepping down as CEO (after receiving an approximately $50 million for services and rents rendered during his tenure as chief over Trump Hotels and Casino Resorts), that company lost $189 million in 2007 and a further $232 million in 2008.

                                    On Feb. 13, 2009, Trump as well as his daughter, Ivanka Trump — installed on the board in 2007 — resigned their posts. On Feb. 17, Trump Entertainment Resorts declared bankruptcy.

                                    Today, Trump Entertainment Resorts exists as a fractional penny stock with negligible value, meaning that investors who did not sell their shares earlier would be essentially left with no value.

                                    Trump Media & Technology Group

                                    Trump Media & Technology Group remains in play, however, with majority ownership resting in the hands of the president. The company is most notably involved with Trump’s Truth Social social media platform, although in recent days it has been dedicated to building a substantial Bitcoin treasury reserve.

                                    According to Benzinga, the SEC recently gave the nod of approval for Trump Media to expand upon these plans with a slated $2.3 billion capital investment, coming from more than 50 institutional investors.

                                    Following an initial blockbuster public opening on March 26, 2024 — the first time in nearly 30 years where a portion of the president’s business empire went public, per CNN — where shares reached ~$78 before falling to rest at around $70, Trump Media’s stock price has tumbled precipitously.

                                    As of close of trading on June 20, share prices were at $17.83.

                                    https://www.gobankingrates.com/investing/stocks/if-invested-trumps-1980s-companies-how-much-have-today/

                                    1 Reply Last reply
                                    • taiwan_girlT Offline
                                      taiwan_girlT Offline
                                      taiwan_girl
                                      wrote last edited by
                                      #172

                                      https://www.fastcompany.com/91352863/trump-mobile-is-here-experts-are-baffled

                                      Trump Mobile would be an MVNO—a mobile virtual network operator—which, at present, doesn’t own any of its own infrastructure. That may be intentional, considering the risks involved. “The puzzle to me is why are they resurrecting this idea from, like, 10 years ago and trying to milk a little bit of extra money out of this,” Dediu says.

                                      MVNOs have minimal presence in the U.S. smartphone market, holding less than a 5% share. The major providers—Verizon, AT&T, and T-Mobile—dominate, and they will supply the actual infrastructure for Trump phones.

                                      and

                                      Success is far from certain. “I’m struggling to figure out why even the phone would make sense,” Dediu says. While some profit could be made on hardware sales, he notes that branding might allow a $200 device to be sold for $500, though the costs of servicing customers could quickly erode that margin.

                                      jon-nycJ 1 Reply Last reply
                                      • 89th8 Online
                                        89th8 Online
                                        89th
                                        wrote last edited by
                                        #173

                                        Well the website now says it's no longer "made in the USA", it just says "America-proud design", LOL. I do have a question, do you have to be white trash to buy it or is the phone sort of a ticket to the white trash club?

                                        image.png

                                        https://www.cnbc.com/2025/06/26/trump-phone-website-removes-made-in-the-usa-tag-for-the-device.html

                                        1 Reply Last reply
                                        • taiwan_girlT taiwan_girl

                                          https://www.fastcompany.com/91352863/trump-mobile-is-here-experts-are-baffled

                                          Trump Mobile would be an MVNO—a mobile virtual network operator—which, at present, doesn’t own any of its own infrastructure. That may be intentional, considering the risks involved. “The puzzle to me is why are they resurrecting this idea from, like, 10 years ago and trying to milk a little bit of extra money out of this,” Dediu says.

                                          MVNOs have minimal presence in the U.S. smartphone market, holding less than a 5% share. The major providers—Verizon, AT&T, and T-Mobile—dominate, and they will supply the actual infrastructure for Trump phones.

                                          and

                                          Success is far from certain. “I’m struggling to figure out why even the phone would make sense,” Dediu says. While some profit could be made on hardware sales, he notes that branding might allow a $200 device to be sold for $500, though the costs of servicing customers could quickly erode that margin.

                                          jon-nycJ Online
                                          jon-nycJ Online
                                          jon-nyc
                                          wrote last edited by jon-nyc
                                          #174

                                          @taiwan_girl said in The Never-ending Grift:

                                          “The puzzle to me is why are they resurrecting this idea from, like, 10 years ago and trying to milk a little bit of extra money out of this,” Dediu says.

                                          He answered his own puzzle. Grifters gonna grift. Magat grifters gonna grift magats.

                                          "You never know what worse luck your bad luck has saved you from."
                                          -Cormac McCarthy

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