TL;DR She bought between 15 and 50K worth when it was trading at $110, it's at $30 now.
this post was submitted on 12 Apr 2024
274 points (97.6% liked)
politics
18966 readers
6 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 2 years ago
MODERATORS
It's always funny to see the MAGA true believer politicians getting burned. The cynical assholes like Cruz and Graham I can understand, they either visibly got on the bandwagon or lost their seats... but somehow MTG is this dumb and also managed to get elected.
To clarify, everyone who supports Trump (truthfully or in appearance only) is a huge fucking asshole for putting personal well being in front of us having a democracy and a litany of other reasons... but some of these politicians are slimy assholes and some are just fucking dumb.
Have you ever heard of a guy called Herman Cain?
You mean the guy who has the award named after him?
Yup, thankfully he was too much of an idiot to ever win an election though he got closer than I'd hope. Mike Lindell is a similar idiot but thankfully he's getting justice.
The guy that's always tweeting stupid shit?
9.9.9.
You leave Magic the Gathering out of this!
I'm so confused every time I read about either.
Well, she got it covered by the 183k in PPP loan forgiveness she was handed in 2020.
The point wasn't to profit. The point was to funnel money to Trump. IPO shares go into the company's bank account of which Trump owns 60%.
Trump can't touch the stock until a 6 month waiting period is over.. By then it'll be a penny stock.
It doesn't matter that he can't touch the stock. The cash has been deposited to the company's bank which he owns. He doesn't need to sell the stock. He has the company's cash that all the IPO investors gave him.
Thankfully it does matter... the IPO for the stock happened in 2021, and this year renamed to DJT following a merger with Truth Social. The money from the 2021 IPO is long gone as the Org has been losing money since.
Oh shit for real? You have a source? Not doubting you, just curious
"Trump owns more than 57% of the company's stock, though he is barred from selling his stake until a six-month lockout period expires."
A lot of these stock-wealthy guys (e.g. Elon) get around taxes by taking out low interest loans against their stock.
Is it possible he could do that instead?
It would be a dumbass bank who would do it, but it's not impossible.
So far, only shady-ass car loan shark company has been willing to accept Donny’s collateral, maybe, unless it’s just after bribe to get them out of trouble if that dickhead manages to win the election.
The waters of $30 close over sinking DJT stock. (Currently $29.73.)
One can only hope she bought in when it was in the $70's.
So 150-300 shares.
What kind of fucktard buys trump shit??? I mean, I know the answer and shit, it’s just… I don’t even fucking know.
i dislike her with a passion, but I'm not sure what this 'journalism' is looking to accomplish. If it was a uncontestably large amount of money and I think this could be a worthwhile article, but given their salaries and the money that they get from donors, I am not sure what the purpose of the article is outside of trying to poke fun at someone who is making poor financial decisions and try to get them on record with exactly how much money they lost.
You don't think it's noteworthy that Members of Congress are buying stock in a Presidential Candidate's company? Especially after the big deal that Republicans made out of the Clintons' involvement in Whitewater Development?
Reading your take, I have to agree. I had assumed she had bragged about buying it or something of that nature. However, looking at the same source which also reported the initial purchase, she didn't even talk about it then, and the purchase information was just part of a typical disclosure.
Anything that denigrates that troglodyte of a woman is fine by me. Poke all the fun you can. Fuck that stupid cunt.
Is this chivalry? For Marjorie Taylor Greene‽ Pray tell, what has she done to deserve such generosity from you? And why shouldn’t she endure a bit of public pillorying for her poorly-favored investment in Trump’s ill-fated hate platform, especially considering that it’s a congressperson personally enriching a presidential candidate?