Connect with us

LOL

‘Haven’t Gotten to That in the Colorforms Book’: Eric Trump Mocked for Attacking Nancy Pelosi Over ‘Subpoena Power’

Published

on

Calls Congressional Power to Subpoena Information ‘What They Do in Third World Countries’ (Literally What They Don’t Do in ‘Third World’ Countries)

Eric Trump was mercilessly mocked Monday afternoon after posting a tweet exposing what many said is his lack of understanding about how the federal government actually works.

In response to Republican Party chair Rona McDaniel tweeting a false claim about a possible House Speaker Nancy Pelosi announcement she will use the constitutionally-granted power of checks and balances, including the power of subpoenas, the younger adult Trump son called it “a very scary day for America,” “a slippery slope,” and “what they do in third world countries.”

As many pointed out, using subpoenas to legally obtain information is exactly the opposite of what “third world countries” do. (Also, they’re called developing nations, not “third world countries.”) Nor is it a “slippery slope,” although the GOP’s seemingly endless investigations into Benghazi might qualify under the “slippery slope” umbrella.

One University of Texas Law School professor weighed in:

Former Vice President Biden chief of staff:

Here’s how some others responded on social media:

 

Continue Reading
Click to comment
 
 

Enjoy this piece?

… then let us make a small request. The New Civil Rights Movement depends on readers like you to meet our ongoing expenses and continue producing quality progressive journalism. Three Silicon Valley giants consume 70 percent of all online advertising dollars, so we need your help to continue doing what we do.

NCRM is independent. You won’t find mainstream media bias here. From unflinching coverage of religious extremism, to spotlighting efforts to roll back our rights, NCRM continues to speak truth to power. America needs independent voices like NCRM to be sure no one is forgotten.

Every reader contribution, whatever the amount, makes a tremendous difference. Help ensure NCRM remains independent long into the future. Support progressive journalism with a one-time contribution to NCRM, or click here to become a subscriber. Thank you. Click here to donate by check.

LOL

Trump Media Stock Price Hits Lowest Point Since Last November Following Debate

Published

on

The stock price for former President Donald Trump’s company Trump Media has fallen to its lowest point in nearly a year the day following his debate with Vice President Kamala Harris.

As of Wednesday morning at 11:00 eastern time, shares of Trump Media were trading at $15.96, according to CNBC. The last time the stock was that low was on November 14, when shares traded at $15.925 at close of business. The stock price has been declining since July 17’s high of $37.38.

That high is not quite half of the stock’s peak price this year on March 26, when the stock hit a high of $66.22 per share. That day had the highest stock price since less than a month after the launch of the company, when shares hit an all-time high of $97.54 at close on March 6, 2022. Trump Media & Technology Group was founded on February 8 of that year.

READ MORE: Parallels Between Trump Media Loans and Infamous Trump Tower Meeting Drawn by Reporter

Trump Media’s biggest asset is the social media platform Truth Social. Since the beginning of the company, it has promised to have a television streaming service, TMTG+, however it’s yet to materialize. Promises of some form of Trump TV network have circled since 2016, when former Secretary of State Hillary Clinton was expected to win the presidential election, according to NBC News.

Given the company’s small portfolio, many have seen the stock like buying stock in Trump personally, according to CNN. The NASDAQ ticker symbol is even DJT after his initials, rather than TMTG, the initials of the company’s full name. And some stock experts have pinned its success on Trump’s own success in November’s election.

“I think if he loses, he has to sell and DJT goes to $1. If he wins, he doesn’t sell and DJT can make a run for it,” Tuttle Capital Management CEO Matthew Tuttle told CNN.

Trump has $2.3 billion in Trump Media stock, however, he’s been unable to sell it, due to a lock-up period. But that period will expire in two weeks, according to CNN. But if he sells off his shares, it could cause the stock to fall even further.

“It would be all but impossible for Trump to liquidate his whole stake or even a third of it without completely tanking the stock price,” Michael Ohlrogge, associate professor of law at the New York University School of Law, told CNN.

This year has been particularly tough for Trump Media. This April, the stock’s woes led to Trump falling off Bloomberg’s Billionaires Index of the richest 500 people in the world, according to Fortune. The company has also faced lawsuits from the company’s co-founders, Andy Litinsky and Wes Moss, according to the Washington Post, who were in turn sued by Trump, NBC News reported.

Continue Reading

LOL

‘We Are Not a Cult!’: GOP Senator Begs Chuck Todd Not to Call Donald Trump the Republican ‘Leader’

Published

on

Sen. Bill Cassidy (R-LA) insisted that his party is “not a cult” despite a cult-like following for former President Donald Trump.

NBC host Chuck Todd pointed out in a Sunday interview that Republicans largely maintained “the same leadership” despite underperforming in the midterm elections.

“And of course, Donald Trump is sort of the leader out there,” he said. “If there’s no change there, do you think that’s a problem for Republicans going forward?”

“First, we’re not a cult,” Cassidy offered without prompting. “We’re not like, OK, there’s one person who leads our party. If we have a sitting president, she or he will be the leader of our party.”

RELATED: ‘He wasn’t on the ballot!’ GOP lawmaker struggles to defend Trump’s midterm humiliation

Cassidy argued that the Republican Party has been missing a “fulsome discussion” of policies.

“Again, we are not going to have one person anointed unless she or he happens to be a sitting president,” he remarked.

Watch the video below from NBC or at the link.

 

Continue Reading

LOL

Ron Johnson Tells Fox News Why He Lied About Term Limits to Run Again: ‘I’m Just One of Those Truth-Tellers’

Published

on

Sen. Ron Johnson (R-WI) on Sunday explained why he has decided to run for Senate again despite promising to impose term limits on himself.

Fox News host Maria Bartiromo spoke to Johnson soon after he announced he is running again.

“There are many factors,” Johnson asserted. “It wasn’t an easy decision. But I think probably the easiest way to put it is that I love America dearly. I love the American people. I love the folks in Wisconsin and I think this country is in trouble. I think Democrats in power in Washington have put us on a very dangerous path and I think I’m in a position to help improve things.”

“It really just boils down — it’s that simple,” he continued. “We need to restore confidence in so many institutions within — throughout America, whether it’s in governmental agencies, whether it’s in media, in big tech. People have lost confidence. And the only way I can see restoring confidence is we need to ask a lot of questions, we need to get some answers, we need accountability.”

Johnson added: “We need the truth and unfortunately the truth is being censored today at an alarming, very disconcerting rate. And so, I’m just one of those truth-tellers. I ask tough questions, I try and get answers. But when I tell the truth, the truths that the media elite, the governing elite don’t want to hear, I get censored, I get attacked, I get vilified but it doesn’t deter me. And I think we need people who are willing to seek the truth.”

Watch the video below from Fox News.

 

Continue Reading

Trending

Copyright © 2020 AlterNet Media.