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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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  • taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote on 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 Offline
      89th8 Offline
      89th
      wrote on 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 Offline
        jon-nycJ Offline
        jon-nyc
        wrote on 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.

        The whole reason we call them illegal aliens is because they’re subject to our laws.

        1 Reply Last reply
        • AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote on last edited by
          #175

          https://seekingalpha.com/news/4462416-fannie-mae-freddie-mac-may-include-crypto-as-an-asset-in-mortgage-risk-assessment

          1 Reply Last reply
          • jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote on last edited by
            #176

            IMG_6083.jpeg

            The whole reason we call them illegal aliens is because they’re subject to our laws.

            1 Reply Last reply
            • HoraceH Offline
              HoraceH Offline
              Horace
              wrote on last edited by
              #177

              Imagine Biden bending over some young lady to sniff her, and finding that she smells like Trump victory. Nightmare.

              Education is extremely important.

              1 Reply Last reply
              • 89th8 Offline
                89th8 Offline
                89th
                wrote on last edited by
                #178

                I like how the black box is cropped on the left side and the red box is cropped at the top. Trump can't even take a screenshot correctly, what a LOSER.

                1 Reply Last reply
                • taiwan_girlT Offline
                  taiwan_girlT Offline
                  taiwan_girl
                  wrote on last edited by
                  #179

                  https://www.straitstimes.com/world/united-states/trump-buys-more-than-100m-in-bonds-in-office-disclosure-shows

                  Since January, President Trump bought over $100 million in bonds, including corporate, state, and municipal bonds.

                  The filings reveal more than 600 financial purchases since January 21, covering sectors potentially benefiting from US policy shifts.

                  Trump's annual disclosure showed over $600 million in income from various sources and assets worth at least $1.6 billion.

                  But

                  “President Trump’s net worth has increased substantially, with much of that concentrated in crypto holdings and Trump Media. Given that, there is no evidence currently that his bond purchases are anything other than a prudent diversification within his billions of dollars in assets,” said Mr John Canavan, lead US analyst at Oxford Economics.

                  “It seems like he was primarily purchasing corporate and municipal bonds and others that are high quality and highly rated, so it’s just a way to take a little bit of risk off the table,” he said.

                  1 Reply Last reply
                  • AxtremusA Offline
                    AxtremusA Offline
                    Axtremus
                    wrote on last edited by Axtremus
                    #180

                    The NYT tallied up the fortunes amassed by the Trumps since the start of his second term:

                    https://www.nytimes.com/interactive/2026/01/20/opinion/editorials/trump-wealth-crypto-graft.html?unlocked_article_code=1.F1A.wRni.LRLwxeNmkuT-

                    The number came up to $1,408,500,000.

                    1 Reply Last reply
                    • jon-nycJ Offline
                      jon-nycJ Offline
                      jon-nyc
                      wrote on last edited by
                      #181

                      But the paintings.

                      The whole reason we call them illegal aliens is because they’re subject to our laws.

                      1 Reply Last reply
                      • taiwan_girlT Offline
                        taiwan_girlT Offline
                        taiwan_girl
                        wrote on last edited by
                        #182

                        Not saying anybody from the President Trump administration was involved, but.............

                        For one prediction market trader, the Trump administration's weekend capture of Venezuelan leader Nicolás Maduro was a nearly half-million-dollar payday.

                        On Polymarket, a popular site for making bets on the outcome of real world events, a user wagered $32,000 that Maduro would be toppled by the end of January hours before Trump ordered the operation. When it was clear the U.S. had captured Maduro, the trader made more than $400,000 in profit.

                        https://www.npr.org/2026/01/05/nx-s1-5667232/polymarket-maduro-bet-insider-trading

                        1 Reply Last reply
                        • jon-nycJ Offline
                          jon-nycJ Offline
                          jon-nyc
                          wrote on last edited by
                          #183

                          It was someone close to the administration or the DoD.

                          You can bet dollars to donuts that Trump’s SEC and FBI are investigating and will hold the perpetrators accountable. lol

                          The whole reason we call them illegal aliens is because they’re subject to our laws.

                          1 Reply Last reply
                          • jon-nycJ Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote on last edited by jon-nyc
                            #184

                            We have to give Jolly some credit. In April of 2021 most of us had written Trump off. Jolly had the foresight to see he would make a comeback and to realize we’d need this thread to document his corruption.

                            Respect, @jolly. Respect.

                            The whole reason we call them illegal aliens is because they’re subject to our laws.

                            1 Reply Last reply
                            • taiwan_girlT Offline
                              taiwan_girlT Offline
                              taiwan_girl
                              wrote on last edited by taiwan_girl
                              #185

                              https://www.theguardian.com/film/2026/jan/28/melania-trump-documentary-amazon-release

                              Re: Melania documentary

                              But no one paid $40m to acquire Am I Racist? – or an additional $35m to market it. That’s how much Amazon has poured into Melania – remarkably, the most the deep-pocketed company has ever paid to secure distribution of a single film. This is seemingly the result of a post-election bidding war when corporate panic over matching a seeming rightward turn in the populace was at its peak.

                              Technically, paying the president-elect’s wife this much money – Melania reportedly pocketed nearly $30m of Amazon’s initial $40m outlay – was legal, because the first lady isn’t part of the government. She’s just a private citizen who happens to be married to the president and happened to receive a multimillion-dollar check from a company with many government contracts through its web services and other divisions.

                              Doctor PhibesD 1 Reply Last reply
                              • taiwan_girlT taiwan_girl

                                https://www.theguardian.com/film/2026/jan/28/melania-trump-documentary-amazon-release

                                Re: Melania documentary

                                But no one paid $40m to acquire Am I Racist? – or an additional $35m to market it. That’s how much Amazon has poured into Melania – remarkably, the most the deep-pocketed company has ever paid to secure distribution of a single film. This is seemingly the result of a post-election bidding war when corporate panic over matching a seeming rightward turn in the populace was at its peak.

                                Technically, paying the president-elect’s wife this much money – Melania reportedly pocketed nearly $30m of Amazon’s initial $40m outlay – was legal, because the first lady isn’t part of the government. She’s just a private citizen who happens to be married to the president and happened to receive a multimillion-dollar check from a company with many government contracts through its web services and other divisions.

                                Doctor PhibesD Offline
                                Doctor PhibesD Offline
                                Doctor Phibes
                                wrote last edited by
                                #186

                                @taiwan_girl said in The Never-ending Grift:

                                https://www.theguardian.com/film/2026/jan/28/melania-trump-documentary-amazon-release

                                Re: Melania documentary

                                But no one paid $40m to acquire Am I Racist? – or an additional $35m to market it. That’s how much Amazon has poured into Melania – remarkably, the most the deep-pocketed company has ever paid to secure distribution of a single film. This is seemingly the result of a post-election bidding war when corporate panic over matching a seeming rightward turn in the populace was at its peak.

                                Technically, paying the president-elect’s wife this much money – Melania reportedly pocketed nearly $30m of Amazon’s initial $40m outlay – was legal, because the first lady isn’t part of the government. She’s just a private citizen who happens to be married to the president and happened to receive a multimillion-dollar check from a company with many government contracts through its web services and other divisions.

                                Apparently Melania has been nominated for a FIFA film award.

                                I was only joking

                                1 Reply Last reply
                                • taiwan_girlT Offline
                                  taiwan_girlT Offline
                                  taiwan_girl
                                  wrote last edited by
                                  #187

                                  Re: Melania documentary

                                  https://www.hollywoodreporter.com/movies/movie-news/amazon-pulls-melania-movie-theater-1236494861/

                                  As first reported by The Oregonian, and then nationally spotted by The Daily Beast, an Oregon theater long known for finding creatively witty ways to advertise its movies was asked by Amazon to stop screening Melania.

                                  The Lake Theater and Cafe in Lake Oswego had touted last week's release of Amazon MGM's controversial documentary with declarations such as "Does Melania wear Prada? Find out Friday" and -- quoting Sun Tzu's The Art of War -- "To defeat your enemy, you must know them. Melania starts Friday."

                                  Then manager Jordan Perry says their booker received a call from somebody at Amazon asking the theater to pull the film.

                                  "The studio was not happy and/or did not appreciate my take on marketing their film to our own public," Perry told The Oregonian. The theater marquee was then changed to: "Amazon called. Our marquee made them mad. All Melania showings cancelled. Show your support at Whole Foods instead." This was followed by "Join Amazon Prime for Free Two-Day Shipping." (Amazon had no immediate comment on the matter).

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