'Trump Bibles': Former president is selling 'God Bless the USA' Bibles in latest cash grab

Good evening from New York, I'm Chris, Donald Trump is desperate for

cash

, and while it may seem like he just pulled a rabbit out of a hat with today's debut of his media company on the stock market, the full story is complicated and much more. worried, let's get into all of that, but first remember that Trump has been

selling

anything with his name on it, of course, for his entire life, that's recently, as he's being pressured by astronomical legal bills running a campaign and is indignant on the other side. His sales have accelerated. The

latest

Trump brand merchandise includes President Trump's Victory 47 cologne, which is described as a quote, the signature scent of strength and success encased in a luxurious gold bottle, Trump's golden bust that serves as a cap and The collector's piece can be yours.

Trump's just-$99 pennies are available alongside his new line of sneakers, including Never Surrender high-tops with a rugged gold quote, just as President Trump's limited-edition pairs cost $399 before

selling

out , although I don't think they've shipped yet, so we'll see if that ever happens and just today the

former

president

unveiled a new product, the God Bless the USA Bible, named after country singer Lee Greenwood's classic tune. For just $59.99 plus tax and shipping, you can have a large print copy that's easy for all Americans to read. They need a Bible in their house and I have many. It's my favorite book.

It is the favorite book of many people. This Bible is a reminder that the most important thing we have to bring back America and make America great again is our religion. Religion is so important. He is very lost, but he will come back and he will come back strong, just as our country will come back strong. I am proud to endorse and encourage you to get this Bible. We must make America pray again. Okay, really stuck. The landing there. Now you may be wondering what makes this Bible so special. Also, the website be sure to note in the FAQ section that it is the only Bible officially endorsed by President Trump and if you're wondering why I'm not a particularly religious man, I would. endorse a Bible, the New York Times explains citing that he is receiving royalties from purchases, so obviously the guy will do anything to make money, but of course, he's not just any guy, he's the presumptive Republican

president

ial candidate, The person who may be in the Oval Office won't be there this time next year and at least until then he is the leader of his party with enough power and influence to instruct the House Republican caucus to do his bidding. .

I mean, right now he's single-handedly blocking funding for Ukraine right on his orders think there are a lot of powerful, wealthy domestic and foreign interests that have

cash

and want things that Donald Trump can provide. Basically, he's opened a booth with a big "girlfriend and me" sign hanging over it, which brings us to Donald Trump's sudden

bless

ing. Media Company Goes Public and Listed on NASDAQ for the First Time Today Bloomberg notes that shares of Trump Media and Technology Group Corp rose as much as 59% before the pair's gains ended the day up just 16%. , which makes the value of the company unprofitable. with $7.9 billion, representing a potential windfall for Trump as he faces a growing series of legal and financial problems, making Trump own nearly 60% of the company that May says is ultimately worth more than $7.9 billion. 6 billion.

Now it's important to note that he can't sell his stake right away. due to a six-month lockup deal that hampers its ability to monetize the stock and relieve its current cash, Crome, but to be clear, I don't know if people understand this because headlines are floating around like, oh, it's worth $6 billion, the numbers. of the valuation are totally and I mean totally disconnected from the reality of the actual underlying business here, which has been a complete and abject failure. Trump's media outlets, which include Trump's social media site, true social, and I quote here, have so far struggled to turn a profit. losing $49 million in the first three quarters of last year while delivering, expect just $3.4 million in revenue.

Well, now for context, the federal government officially defines a small business as one that has revenues between 1 million and $40 million. Trump media is a small business you could get. Preferential contract treatment when dealing with the federal government, such as a local mom-and-pop chain or Etsy seller. We also just saw one of the most successful media companies in the entire country, Reddit, go public in recent weeks with a valuation of around $6.5. billion, what was your income last year? It was more than $800 million, it was 160 times more than Trump's means. This is obviously ridiculous. Part of that today is driven by the meme stock phenomenon, by people who simply love Donald Trump and want to throw their money at him.

They invest in the company the same way they would give a smaller dollar donation. Okay, do what you want. There is a bigger problem here, although anyone who wants to bribe Donald Trump can now simply buy his stock. We talk about opening businesses. I've already seen a version of this or at least something that could plausibly resemble how the version between Trump and billionaire Jeff could work. Billionaire Republican donor Jeff Yas, who is one of Tik Tok's largest American shareholders. Remember that at the beginning of this month Yas goes to Mar Lago. meets with Trump at his home in Mar Lago, right Yas is one of the biggest donors to Republican politics and after that meeting like the next day, basically a few days later, the

former

president quickly reversed 180 his position on the ban on Tik Tok I wanted to ban.

Now he doesn't after Jess Yas spoke to him, as it turns out Yas was also the largest institutional shareholder in the shell company that recently merged with Trump media. The Times explains that a regulatory filing from December shows that Yaz's trading firm, Susena International Group, was owned about 2% of that shell company. It is now unclear whether it still owns those shares and the company said in a statement that it is a market maker and has no financial interest in the Trump media, which I think they have plays on both sides. I can sell to anyone, that's fine, but take a second and think about the possibilities here for someone who has an interest other than just playing market maker, all the people who want Donald Trump stuff, trapped Donald Trump desperately and he has the watch. ticking the deal blocking these actions people who want tax cuts and government contracts and favorable treatment in foreign affairs this was already a nightmare the first time

trump

ran for president in 2016 now he's more desperate with more people than They have interests before him, so right now Donald Trump, the next president, is for sale to the highest bidder.

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