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Monday, April 01, 2024 7:26:10 PM
"Here come the shorts,"
'So sad too bad': Internet laughs over Trump's reported billion dollar loss
Former President Donald Trump only just reaped the windfall from the merger that took his Trump Media and Technology Group public, when the company's shares began to drop in value, costing the former president an estimated $1 billion Monday, reports show. The reported misfortune of the president and his company, which oversees his Truth Social platform from which he does most of his written interactions with the public, quickly led to mockery from commenters on social media.
"If you have nothing better to do today," wrote Mother Jones D.C. bureau chief David Corn, "you can watch in real-time Trump lose almost $1 billion (in on-paper money)." Corn was not the only one to delight in Trump's financial woes, which include dwindling campaign coffers and mounting legal fees "Gullible Red Hats losing more money to own the libs," wrote podcaster Bob Cesca.
"Here come the shorts," wrote Lincoln Project co-founder Rick Wilson. X user @Sharpinsky responded to the news with a jab at the former president's recent decision to start selling Bibles at $59.99 a pop. "Waiting for Trump to start selling signed copies of his own version of the 10 Commandments," they wrote.
Commenter Gary Peterson, displayed the stock price graph upside down and wrote in message that dripped with sarcasm, "As you can see, it was correct of me to put our life savings into Truth Social, as we are gonna be raking in the millions thanks to $DJT." "Trump's latest magic trick, turning 4 billion into 3 billion," joked X user Brian Beam. "For his next trick he's going to turn wine into water."
https://www.rawstory.com/trump-billion-dollars/
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