My favorite so far.
And a reminder of what we’re not missing.
It hasn’t been two weeks since I last remarked on Trump Media & Technology Group Corp and its stock market representative, DJT, but there’s news.
First, company CEO Devin Nunes, formerly Rep (R-CA) and infamous cow-suer, is now former CEO:
Trump Media & Technology Group (NASDAQ:DJT) is shaking up leadership at a time when its business is under growing pressure and investors are feeling the impact.
Shares of the company have fallen around 67% (1) since their rise ahead of the November 2024 election, wiping out more than $6 billion in market value and raising new questions about the future of its core platform, Truth Social. Going back to the early 2022 performance of the shell company that brought Trump Media public, shares have plunged by around 90% (2).
Devin Nunes (3) is departing from his role as CEO after four years, with longtime digital media executive Kevin McGurn stepping in on an interim basis. The company did not give a reason for the change or say when a permanent replacement will be named. [moneywise via yahoo! finance]
The company will try to spin this as a positive, as will any company, but the important fact is the fall in capitalization. In the case of Nunes, he probably faced the impossible task of trying to satisfy the avarice and ambitions of President Trump with an inadequate service that was initially priced by the stock market unrealistically. While he’s never seemed all that bright, I could have some sympathy for him. He could just be a rat jumping off the burning ship.
Next, the Trump family’s memecoin, $TRUMP, has fallen apart. Ja’han Jones of MS NOW notes the President is taking time away from his busy schedule managing a war to … pump it up.
For the second time in a year, President Donald Trump met with cryptocurrency investors who have poured money into his beleaguered and brazenly unethical meme coin scheme.
At an event on Saturday marketed as the “most exclusive crypto and business conference in the world,” Trump addressed the 297 largest investors in his self-enriching, eponymous digital currency at his Mar-a-Lago estate in Florida. That the president squeezed in some crypto-related hype ahead of his appearance at the White House Correspondents’ Dinner that night shows the extent to which Trump has prioritized money-making crypto ventures in his second term.
Ahead of Saturday’s conference, Ars Technica reported on the issues swirling around Trump’s meme coin, including suspicions of insider trading and a 93% drop in value from last year that’s led to billions of dollars in investor losses.
Or, rather, try to pump it up. There is no discernible pop from the effort, much less a stable rise in value.

Source: CoinMarketCap
Compared to Bitcoin … which is over $76K/coin as of this writing. That may be well off Bitcoin’s high, but it’s also moved off its low substantially. Politico notes
“Nobody likes it,” said Morten Christensen, a crypto investor who still plans to attend the Mar-a-Lago event and was at the 2025 dinner. “People are losing on the coin, and they are vocal. They are the people on Twitter like, ‘Fuck this coin’ or ‘It’s a scam.’ And they’re right, basically.”
Launched just days before his inauguration, Trump’s memecoin is overwhelmingly held by two entities: an affiliate of the Trump Organization and a company run by Bill Zanker, a longtime Trump business partner. Both collect fees on the memecoin’s trading, according to its website.
Memecoins are a highly volatile type of crypto token that generally have no inherent value and trade based on online fervor. The tokens have struggled for much of the last year, amid a broad crypto market sell-off. But Trump’s other recent ventures haven’t fared much better.
A scam and and scammer – my apologies if my reader is a Trump supporter, but that’s how I read the President’s behavior. So how is DJT doing today?
Down from the last report of $10.26/sh, nearly 11%.
Pile on top of that the fact that he’s not achieving his Trump’s War goals, including unconditional surrender, and his domestic policies have fallen to unprecedented levels of public disapproval, and we may see DJT fall well below a billion dollar capitalization. However, depending on that to the extent of going short on DJT is not something I would do. His boasting and blustering, bombastic and ignorant as it may be, can move markets.
Make no mistake, any of these alone are hardly worthy of worry. CEOs are always leaving and joining other companies, for instance. But Trump Media & Technology Group Corp, with its weak offerings, dubious investments, and doubtful plans, seems like a high risk play.
I’ve been half-watching CNN and other media today as I worked and attended to other things, and so I’ve noted reporting on the alleged wannabe Presidential assassin’s social media writings, note to family members, etc, if in passing, but it’s all sounded very convincing as to the authenticity of the incident.
And then I see something like this:
Two hours after the shooting, Trump, still dressed in his tuxedo and standing alongside multiple members of his Cabinet in the White House press briefing room, said his plans for the 90,000-square-foot ballroom, which is currently tied up in litigation, must move forward.
“It’s drone-proof, it’s bulletproof glass. We need the ballroom,” Trump said. “That’s why [the] Secret Service, that’s why the military are demanding it.” …
But according to Trump, building his ballroom is the panacea for stopping those who want to do him, or any president, harm. [MS NOW]
And all my intuition, ready to be convinced by the reporting, reverts back to Hollywood script. And then notes how well this can play into Trump’s egotistical need to build a ballroom to replace the East Wing.
Yeah, yeah, I’m sure this isn’t a conspiracy.
But the circumstantial evidence is startling.
Maybe I need more startle-reflex therapy.
Remember the Administration’s gold card proposal, wherein for $5 million a wannabe immigrant could have immediate citizenship? How’s that going?
President Donald Trump’s “gold card” visa, where a foreigner can shell out at least $1 million to legally live and work in the U.S., has been approved for one person, said Commerce Secretary Howard Lutnick Thursday — appearing to fall a bit short of an earlier claim.
After it launched in December, Lutnick said that the government had sold $1.3 billion “worth” in just several days, as Trump stood by holding up the gilded ticket and said, “essentially it’s the green card on steroids.”
Lutnick did not address the apparent discrepancy in an exchange with a congresswoman at Thursday’s committee hearing. [AP]
That’s what I’d call a commentary on the desirability of the United States as a permanent home under the Republicans.
Buff:
- noun, informal
a person who knows a lot about and is very interested in a particular subject:
a computer/opera/film buff- adjective
of a pale, yellowish-brown colour:
a buff envelope
- adjective
If a man is buff, he has a body that is a good shape, and looks as if he has done a lot of exercise:
He was spotted on the beach looking extremely buff.- verb
To rub an object made of metal, wood, or leather in order to make it shine, using a soft, dry cloth- [etc] [Cambridge Dictionary]
I wonder if younger readers know this meaning of buff, seeing as I hadn’t run across it myself in decades. Noted in this Stephen Colbert / Pete Buttigieg half-interview.
Pete continues to impress as a guest.
This story is not in what’s said, but what’s implied:
A new Fox News poll found Democrats have the edge over Republicans on economic issues for the first time since 2010.
The survey, released Wednesday, found that 52 percent of respondents think Democrats would do a better job on the economy, while 48 percent backed Republicans on the issue.
The last time Fox News recorded a Democratic edge on the economy, it was May 2010 — as the country was emerging from the Great Recession. Since then, the outlet had conducted 10 polls on the subject until the latest one, with the GOP holding the advantage on each and holding as high as a 15-point edge on the economy in January 2022 and February 2023. [The Hill]
What’s important here?
Those readers who know the economy under Democratic management has, for decades, done better than under Republican management, and are shrugging at this story are missing the real point: Most voters make decisions based on personal perceptions, not on research. Nation-wide price research? Stock market valuations?
No.
What are the prices down at the grocery store? How are my stocks or mutual funds doing?
This result suggests the independents, and even parts of the Republican base, are realizing the Republicans really are a pack of fourth-raters.
And they’re led by Mr Amateur-hour himself, President Trump.
So the implied story is that cowering in front of a bully doesn’t appease them, it simply whets their appetite for more. I’ll add that training your voters to disregard such issues as competence, honesty, and credentials in favor of a list of positions on such issues as abortion, transgender, gay marriage, and many others I’ve discussed on this blog will result in voters who’ve lost the facility to assess candidates based on the critical attributes that we want in our leaders, local and national, and this is happening in the Age of Information.
I’ll add that this is a vulnerability no matter whether you lean left or right. Confirmation bias and ego-needs, emotional manipulation and informational deception are devilish tactics, and some folks might be better served ignoring Web-based news sources in favor of a local news source that may be in danger of collapsing, or being bought out.
Are the Republicans capable of recognizing the vast damage inflicted upon them by Donald J. Trump? Or will the Republicans sink into the swamp, being replaced by moderate Republicans flying a new flag?
I’m betting on the latter. It’ll take a few years, probably. But that’s where I’d put my $5.
Amateurism strikes again, I suppose, on this thread concerning the company Anthropic’s moral principles and the lack thereof on the part of the Trump Administration:
An artificial intelligence researcher hired by the Commerce Department to run a key federal technology center lasted just four days on the job before being replaced, according to four people familiar with the situation.
Collin Burns, who previously worked at the AI firm Anthropic, started work Monday at the Center for AI Standards and Innovation but was pushed out Thursday by the White House, according to the people, who spoke on the condition of anonymity to describe private conversations.
Officials were concerned about Burns having worked at the AI company, which has fought bitterly with the Trump administration in recent months, according to one of the people and another person. That person said some senior figures at the White House had not been briefed on Burns’s selection in advance, and were concerned about anyone from a major lab being in a position required to work so closely with the industry. [WaPo]
While some may argue that the Administration did the right thing, it’s really nothing more than guilt through association. Like a Mafia organization, Trump didn’t get what he wanted from Anthropic, and so anyone with an association with Anthropic will be made to pay. Defiance of a bully carries a certain charm; Trump’s Administration is trying to make that charm unaffordable.
They won’t win with Anthropic, I’d guess, but the real targets are tomorrow’s vendors, who must be made to understand that they will cater to Trump’s every need, or they face commercial extinction.
Probably not, but emphasis on probably. I’m referring to an apparent attempted assassination of President Trump at the White House Correspondents’ Dinner:
The suspect studied engineering and is a graduate of the California Institute of Technology, also known as Caltech, according to materials shared with CNN.
As we reported just moments ago, authorities have identified the suspected gunman as a 30-year-old male from California, according to multiple law enforcement officials briefed on the latest. [CNN]
A nation in which political power is shifted via warfare does not end well; but some folks will argue that, at some point, it’s a necessity and we must take the chance.
And how does one argue the point? What measurements are used, when are we so close to the abyss that we must?
But here’s another point that will need consideration: Just reading the above link, what I read and see puts me in the mood of a classic Hollywood production. The President the target of bullets, his guards close around him and rush him off, then he holds a press conference where he extols how all came together for a vital moment, and then the virtues of his new ballroom … ok, that’s a plot twist I didn’t expect.
But a correction: alleged target of bullets.
Because, yes, this sounds scripted to me. I am almost certainly wrong, but if investigative reporters come out with the discovery that this is all a setup, I WILL NOT BE SURPRISED.
The President’s a sick man, and sick people, deprived of a moral compass by life, upbringing, or by illness, will attempt such a scheme that achieves important goals for them that another person wouldn’t dare. Perhaps the President wants to be the center of attention, or wants public support for his proposed ballroom; or perhaps he wants attention pulled away from the developing debacle at the Strait of Hormuz, or away from the Epstein Files and their potentially fatal load.
There’s a multitude of goals that a stunt of this caliber might achieve simultaneously. For a man who has no concept of morality, it’s not hard to see him using the Correspondents’ Dinner for his own purposes.
And we may never know for certain.
Former Senator Kerry has some nasty humor that I wasn’t expecting:
It made me laugh.
While watching, I looked up the former Secretary of State, and he’s the very pinnacle of privilege.
Yet he served in the Navy, front line, took wounds, and won medals. An impressive showing.

“Could be a mummy. Could be full of beetles. The Egyptians had a grotesque sense of humor. One tomb we opened years ago was full of … Play-Doh. We lost three men that day. Why do I keep coming on these expeditions?”
“Because you throw your money away on cursed monkey paws. Now please shut up!”
The Pharaoh’s Curse (1957) is part of the never-ending cauldron of cursed life that are the royal families of Egypt; or, an addition to the legions of deathly curses. British Captain Storm,, stationed in Cairo, is sent to fetch an archaeological team home from its unsanctioned dig in the desert. Hampered by a mysterious Egyptian lady and someone’s sabotage, Captain Storm and his team fight their way through the Arizona desert, at a guess, and arrives just in time to witness the first curse of the game, as the American archaeological team is too avaricious to take the standard-issue warning, from way too long ago, seriously.
Their Egyptian assistant goes down, fights for his life, but fulfills his destiny of becoming a dried up withered husk overnight.
Despite this salutary lesson, Dr. Quentin and his team, not including his wife, who came with Captain Storm, but does little of importance in this story, continue scrabbling about the maze of tunnels, searching for the tomb of Rahateb, and have the profound bad luck of finding it. That costs a life or two, including that of the frantic Dr. Quentin, and the rest finally take the hint and leave with what little dignity is left them.
The cinematography was nice. My Arts Editor loathed what passed for the funerary Egyptian art. The actors tried, but the characters don’t become three dimensional, just dull cardboard. I liked the French artist drawing pictures of the dig site, but not much else. The plot doesn’t really take the role of motivation seriously, and it all becomes a dreary mess.
Don’t bother.
Long-time readers know I don’t much care for Senator Tuberville (R-AL). His seat in the Senate has been little more than a trophy, although he did abuse it to interfere with military promotions during the Biden Administration when the military promised to transport service members who need abortions to locations that would provide them.
But, as he prepares to leave the Senate for a gubernatorial run, he couldn’t keep toeing the Republican line.
Sen. Tommy Tuberville (R-Ala.) said Wednesday the Republican Party was fractured and has not accomplished “anything” despite their majority in both the House and Senate.
“Everything that goes on up here … is about, ‘Oh, we got to get reelected. We got to keep the majority.’ Well, hell, we ain’t done anything in the majority. Why would she, why would, should we keep majority?” Tuberville said during a Wednesday appearance on Benny Johnson’s podcast. [The Hill]
In a Republican controlled Congress of which House Speaker Johnson (R-LA) claimed high productivity, the Senator has provided an unexpected breath of fresh air: a House not really under Johnson’s control, between the grasping Trump and the various House members who refuse to cooperate, or have resigned, makes it hard to be productive. Given the shift in the character of the Republicans in just the last few years, it’s not surprising that they find it hard to agree, to compromise; when the shift involves power-hungry politicos that really don’t seem to grasp that they’ve signed up for big responsibilities, and not big prizes, their failure should not surprise.
Can the GOP caucus in the legislature pull it together in the end?
However, Trump has said he’ll focus on campaigning for GOP Senate lawmakers facing reelection bids to secure the party’s majority amid midterm elections.
I’ll say it again: Trump is a burden on conservatives, because he’s not a conservative. He’s a grifter with acting skills. But folks are figuring that out.
Including the GOP, as this Politico article delivers.
There’s a growing anxiety gnawing at battleground Republicans: Maybe their Senate majority isn’t as safe as they once thought.
Democrats still face steep odds in their bid to flip the chamber, but interviews with nearly two dozen GOP operatives, party chairs and strategists across the country’s battlegrounds found a persistent concern that the longer the Iran war drags on and the economy sputters, the more it could complicate their path to keeping their majority in November.
This sounds like it may end in corruption charges for someone – or some well-heeled donors will come looking for someone’s head.
… the National Republican Senatorial Committee, which paid Better Mousetrap Digital more than $117,000 in “digital fundraising fees” from November through February. The NRSC did not respond to questions about why it continues doing business with Daly and if it plans to continue paying Better Mousetrap Digital for services. [NOTUS]
Better Mousetrap Digital is run by Jack Daly, who reportedly plead guilty to fraud charges, as explained at the above link. Is the Republican Senatorial Committee sinking into chaos, confusion, and corruption? And what will that mean for funding Senate candidates if emergencies arise, as may happen with an angry electorate? How will conservative voters react if this becomes a big story in conservative circles?
A new Emerson College Polling/WOOD-TV survey of Michigan likely primary voters finds 24% support Abdul El-Sayed and Mallory McMorrow in the August Democratic U.S. Senate Primary, while 13% support Haley Stevens. Thirty-six percent are undecided. Support for El-Sayed increased eight points since the January Emerson College poll, while support for McMorrow increased two points and support for Stevens decreased four points.
An eight point jump for El-Sayed is attention-getting, of course; he lists his religion as Islam, so the Islamophobe wing of the Republicans seem likely to pick up on that and attempt to bring it to the attention of Michigan independents. Or they may wait until after the primary, which is on 4 August.
For those voters who consider experience important, El-Sayed does not seem to have served in elective office, while McMorrow is a member of the Michigan Senate, and Rep Stevens is a member of the US House of Representatives.
In the same Emerson College poll, former Rep Mike Rogers (R) leads the Michigan Republican primary field by 53 points. I don’t see any of his fellow Republicans catching him unless self-inflicted wounds appear on Rogers’ hide. Whether his big primary lead will translate into enough votes in the general election is another matter.
State Rep. James Talarico raised $27 million in the first three months of 2026 in his bid to flip Texas, according to his campaign.
The Austin Democrat’s haul is the largest-ever sum for a Senate candidate — in any state — in the first quarter of an election year. He outraised other Democrats this cycle who posted impressive hauls of their own in competitive Senate races where Democrats have better odds, including Georgia Sen. Jon Ossoff, and more than doubled the totals of former Ohio Sen. Sherrod Brown, former North Carolina Gov. Roy Cooper and former Alaska Rep. Mary Peltola.
Talarico significantly outpaced Texas’ last two Democratic Senate candidates to win their primaries outright — both strong fundraisers. Colin Allred raised over $9.5 million in the first quarter of 2024, and Beto O’Rourke brought in $6.7 million in 2018 — though both ultimately lost. [The Texas Tribune]
Notably, Talarico won the Democratic primary outright, beating Rep Crockett (D), while the Republican primary has resulted in a runoff. But, as I’ve said before, money does not buy votes. It gets a candidate’s voice out there, but mature voters will analyze positions and try to assess honesty, and not be influenced by sheer volume or entertainment value. Or so I’d like to believe.
And, of course, money flows across borders relatively easily. So does this mean all that much?
Talarico also continued his streak of outraising his potential Republican opponents, tripling Sen. John Cornyn’s haul and beating Attorney General Ken Paxton by twelvefold. Cornyn, who is locked in a bitter runoff battle with Paxton, raised nearly $9 million in the first quarter across his fundraising apparatus, including $3.4 million in the weeks after the primary, his campaign announced. Paxton raised $2.2 million.
It’s tempting to say No, and tempting to say Yes. Neither applies without context, so here’s a heaping spoonful of context:
The $27 million quarter brings Talarico’s total fundraising for the race, since he got in last September, to over $40 million. Talarico’s campaign said that over the course of the race, he has received donations from over 540,000 individual contributors, and from 246 of Texas’ 254 counties, according to his campaign.
That’s somewhere in the $74 per contributor range, suggesting the contributors are not rich people trying to influence the race, but middle class folks contributing to someone they approve of.
The primary is on September 9. Careful readers will note the variance with New Hampshire, above. My reference is Ballotpedia.
The primary is September 1.
And back to the spring gardening.
A month and a half ago I experienced a meltdown of my primary computer; a local computer repair shop could not repair it, and were a bit slow in informing me. A week or so ago I placed an order for a new computer equipped with the latest Fedora release of Linux, because at this age I want to skip the mucking about with Windows anything and the mucking about with installing Fedora. I asked them to salvage the hard drives and graphics card; on their own, they tried to access the SDD and, where the first shop failed, they succeeded. As the SDD was all over the place at the first shop, both the shop and I think they just got a bit lucky; they grasped the luck bull by both horns and pulled backups of /home.
After one false start, it appears their work has been successful. Vivaldi’s being stubborn about my home page, and I’m not near to finishing installing the backup, but at last I’m not slowed down by the work computer I’ve had to substitute.
What does this mean for you? Nothing? Not quite. I have access to my cache of pictures, which are mostly of our backyard. They’ll be inserted into random posts again. If I’m still happy in a few days, I’ll mention the name of the place. They’re new and need the business traffic, I’m sure.
And I’ll be less cranky now.
From a recent AP/ NORC poll:
Yes, the President is closing in on the hallowed negative number territory of electorate approval. Will he take responsibility for this historic failure? Well, judging from his reaction to the narrow Democratic victory in Virginia’s referendum on redistricting,
A RIGGED ELECTION TOOK PLACE LAST NIGHT IN THE GREAT COMMONWEALTH OF VIRGINIA! All day long Republicans were winning, the Spirit was unbelievable, until the very end when, of course, there was a massive ‘Mail In Ballot Drop!’ Where have I heard that before — And the Democrats eked out another Crooked Victory! … Let’s see if the Courts will fix this travesty of ‘Justice.’ [Truth Social via Maddowblog for technical reasons]
… I’d say no.
It’s all he knows, lie and lie and lie, so when I see a frantic appeal to confirmation bias, I don’t feel any need to wait for a confirmation, or denial, from Virginia Elections, that the events happened as he claims.
I particularly like … the Spirit was unbelievable … because, for those of us who consider what’s said, it appears to be a claim that the Christian Holy Spirit can be defeated by cheaters.
That ain’t Godly. That’s blasphemy. Or there’s no Divine. Trump puts himself in a lose-lose situation with that one.
In any case, the lyin’ President appears to be swirlin’ about in a toilet flush of his lies. Prosecutors await him at one exit, angry citizens, including MAGA and former MAGA, at another – and he has to take one of them.
Arrant:
- downright; thorough; unmitigated; notorious.
an arrant fool.- wandering; errant. [Dictionary.com]
I don’t often reference myself. “Telling It Like It Is,” Hue White, Unsightly Mental Blemishes:
His failure to attain regime change has left [President Trump], despite copious bombast, looking like a loser, an amateur-hour loser. No glory, no victory, just a bum who should never have been elected. In his cancellation of the JCPOA, aka the Iran nuclear deal of the Obama era, his defeat really approaches ‘utter,’ doesn’t it? Only in the American Civil War have we seen such arrant incompetence.
In the famous Hollywood movie Trump vs Iran, the two sides are not struggling over the same prize. In a Joe Scarborough interview, David Ignatius demonstrates he gets it:
[President Trump’s] only real option becomes negotiating a way out. And the Iranians see that — that he needs an exit more than they do. For Iran, you don’t have to win this war, you just have to survive. And that’s what they’re doing. That’s why they have the leverage right now.
It’s an important point, perhaps the most important point to realize before Trump entered into this war. Given the perceived military advantages, he needed to have a quick, painless regime change in order to be the victorious leader; they only needed to survive, a principle laid down long ago by General Sun Tzu in The Art of War.
His failure to attain regime change has left him, despite copious bombast, looking like a loser, an amateur-hour loser. No glory, no victory, just a bum who should never have been elected. In his cancellation of the JCPOA, aka the Iran nuclear deal of the Obama era, his defeat really approaches ‘utter,’ doesn’t it? Only in the American Civil War have we seen such arrant incompetence.
In Roman times, failed generals often didn’t have to be executed, they died on the battlefield, sometimes purposefully.
In any case, I like the brevity of Mr Ignatius summary.
I’ve been noting members of Trump’s 2.0 Cabinet falling off, and now the Labor Secretary, Lori Chavez-DeRemer (R), is leaving for a private sector job. Much like AG Bondi and DHS‘s Kristi Noem, a cloud is following her around:
Accusations that Chavez-DeRemer had engaged in misconduct, including personal travel during taxpayer-funded trips, surfaced in a complaint filed with the Labor Department’s inspector general that was first reported by the New York Post. The complaint led to the suspension of several top aides and surfaced sexual misconduct allegations against Chavez-DeRemer’s husband, Shawn DeRemer. [WaPo]
I don’t know there’s anything particularly noteworthy concerning Chavez-DeRember’s, or her husband’s, misconduct; it merely throws into sharp relief Trump’s first term claim that he’d be hiring only the best, and, in his estimation, corrupt, law-breaking officials are the best.
If that seems mundane, even unimportant, my reader should take themselves offline for a couple of weeks and examine how they’ve been captured and, well, converted.
I think we have a repeat nominee for the Landgrebe award:
And, in case it’s erased by the embarrassed Representative:
GOP congressman Troy Nehls says Trump is “almost the second coming” of Christ
An amazing stretch by Rep Nehls to equate the Mendacity Machine, aka President Trump, with Jesus Christ.
It’s time to step back and evaluate the status of Trump’s War. Keep in mind, this is not an easy thing to do for working dudes like me and, probably, you, because I have neither expertise nor access to sources confidential. All I have to is forty+ years of watching politics and the occasional war, and anything that goes with it.
Here’s what I observe: After something like eight weeks of war …
For more on Trump’s idiot proclamations, see Steve Benen’s thoughts.
We’re two months into a war that I’ll bet was forecast to last not more than a week; much like the lead character in Putin’s War, in which officers were ordered to bring their dress uniforms so they could be worn at the victory parades forecast to occur a week later, Trump is finding out that war plans rarely survive first contact with adversaries.
One more thought, since I can see some MAGA-affiliated readers shaking their heads. Remember, Trump’s greatest skill isn’t being a military leader, a business boss, or even a golf champ. No.
After conning his father into giving him money, his greatest skill is as an actor. Not that he’s any great shakes, and in my lone theater course in college, the prof would have downgraded him to performer, because he’s very one note.
But that doesn’t mean he’s not honed those skills. He can deliver loony crap in a business like tone that seems believable. I’ve seen him do it. SecDef Hegseth, a former Fox News host, has that skill, too. But under analysis, threats to destroy civilizations no longer seem reasonable; they are the babble of a bully hoping he can talk his way out of a situation.
And that all means Iran is winning. They took a heavy punch, then they took the Strait of Hormuz, then they took a cease-fire, all while making Trump look the fool – and, by extension, MAGA, and then all Americans.
Hey, long time readers know I hate theocracies, and Iran may have been the worst of the lot. But I’m running a dispassionate analysis here, as much as I can, and Iran’s playing the long game far better than Trump.
Limn:
to draw or paint something:
There was no painter present to limn the scene.
Leonardo da Vinci limned in his notebooks painstaking studies that explored the intricacies of human anatomy.
[Cambridge Dictionary]
Noted in “And Augustine Wept,” Andrew Sullivan, The Weekly Dish:
In fact, Leo started his religious life as a member of the Order of Saint Augustine, following the theologian who famously limned the tragedy of a Christian man in a fallen world, and understood the awful necessity in rare cases for collective violence. (Serendipitously, Leo was even visiting Augustine’s original church this week.)
It’s been about a month since I last nattered on about DJT, the stock of Trump Media & Technology Group Corp, and related matters. Last time, DJT‘s price was $8.58, near it’s all-time low and, thus, well off its high. How’s it doing as of last Friday?
It’s at $10.26/sh[1]. That’s a 19.5% jump in value, and quite a nice result for the investor who bought at $8.58.
Notably, it’s a wheeze for the investors, especially those of MAGA, who bought at $70/sh and have held on in loyalty to DJT‘s primary asset, which happens to be the President of the United States.
So what’s going on?
I’ll tell you what. DJT happens to fall into a small category of stocks which are predicated more on non-economic factors than is normal. Some stocks in this category include those associated with legendary investor and businessman Warren Buffett, stocks associated with companies that issue quarterly dividends that have grown for N years, stocks associated with this or that social trend, and a few other reasons that don’t come to mind at the moment.
Owning DJT, for many in MAGA, is a form of virtue signaling, a way to signal allegiance to the President and his alleged ideals.
The President, in the opinion of many, including myself, is a grifter. This should come as no surprise to readers of this blog. But the problem of DJT is worse than just that. Here’s two headlines and accompanying text found in the news section[2] of the yahoo! finance page for DJT:
My attribution. A bit of content:
“Never sell your bitcoin,” Trump told [crypto summit he hosted] attendees.
He may regret those words now — after his sons Eric and Donald Trump Jr. gambled $2.4 billion of the family’s fortune to buy bitcoin at its peak last year.
As Forbes reports (2), it originally looked like their gamble would pay off, with a potential $1 billion return. Instead, the Trumps have lost more than $1 billion.
Directly below it came this:
How The Trump Family’s Crypto Play Allegedly Became A Money Printer (Moby)
Again, my attribution. Content:
Last week, CoinDesk broke a story about World Liberty Financial, the Trump family–backed crypto venture. The story alleges a scheme to print money out of thin air via their governance token WLFI.
The total amount, around $40 million, was moved to Coinbase Prime for what could have been OTC conversion, custody, or trading by a series of deposits of World Liberty Financial’s governance token, WLFI.
That’s not really the point, though. If these allegations are true, as even Tron CEO Justin Sun (and WLFI’s largest backer) publicly said they are, it means the president and his family are in the middle of one of the biggest self-dealing loops in history.
In the face of headlines selling competing stories, from news sources with ill-defined motivations, it’s hard to really understand whether Trump Media & Technology Group Corp even has a future, much less its present proper valuation. Currently, the market is $2.8B. Maybe it has a crypto treasury worth as much as that, or maybe not. Maybe it’ll merge with a fusion power company, or maybe not – and that fusion power company is a huge question mark in itself, as there are no commercial fusion power plants functioning at the moment.
And their biggest asset, President Trump. Well, even if you like him, and most of the American public seems to have lost their patience with him, there is no denying his age. He has no long-term future, and I mean no disrespect, that’s simply a fact of nature.
Valuations of DJT are exceedingly difficult, and, you know what? If you really are an investor and are not a virtue signaler, there are thousands of other possibilities that are easier to evaluate. Why get involved with a company featuring someone of dubious character, even if you disagree with me?
Virtue signaling can be an expensive hobby.
As always, I’m not a financial professional, just another guy with eyeballs, a brain, and an opinion.
1 Forgive the lack of a chart image from yahoo! finance. Technical difficulties.
2 This is a dynamic page, so what you find may not be what I find.
Red Joan (2018) dramatizes the true story of a British physicist who conveyed critical information to the Soviet Union, during and after World War II, concerning British efforts to develop a nuclear fission bomb, an effort motivated by Nazi efforts to accomplish the same. Joan, the fictionalized protagonist, is a mixture of A-level intellect and the emotions of a woman hungry for intimacy, pursued by Soviet agents for her position in the British effort – and maybe their own, personal purposes. Those interactions draw thoughts concerning how the differing morality systems of England and the USSR interact, much to the detriment of those at the tip of the morality spear, demanding all of the tangible and / or intangible assets of their various operatives.
When the Americans hit Hiroshima and Nagasaki, she’s horrified at the slaughter and resolves to find a way to balance the international battlefield; or, maybe, she’s mislead concerning Soviet, and Leader Stalin’s, intentions. Much like international relations, her relations are murky, and her choices and maneuvering, well, are they successful? Did she make wise choices?
We’re mostly all still here, one can note, but then we must ask if that is a negative or a positive.
It’s a demurely intense story, touching on well-used topics such as male patronization of women and treatment of homosexuals in British society of the time (think Alan Turing), as well as the age-old interactions of hormonal needs with morality systems, actions taken based on imperfect information and ill-supported assumptions, and the morality of blackmail.
I wasn’t inspired by it, but I thought it was well-done and not all that historically inaccurate. You might not enjoy it, but it may make you think.
The recent preaching from the Pope on War has caused some upset in conservative ranks. and the United States Conference of Catholic Bishops felt it necessary to defend the Pope:
“For over a thousand years, the Catholic Church has taught just war theory and it is that long tradition the Holy Father carefully references in his comments on war. A constant tenet of that thousand-year tradition is a nation can only legitimately take up the sword ‘in self-defense, once all peace efforts have failed’ (Catechism of the Catholic Church, no. 2308). That is, to be a just war it must be a defense against another who actively wages war, which is what the Holy Father actually said: ‘He does not listen to the prayers of those who wage war.’
“When Pope Leo XIV speaks as supreme pastor of the universal Church, he is not merely offering opinions on theology, he is preaching the Gospel and exercising his ministry as the Vicar of Christ. The consistent teaching of the Church is insistent that all people of good will must pray and work toward lasting peace while avoiding the evils and injustices that accompany all wars.”
My bold.
Quite frankly, the subject of the applied bold should bring to the fore an important point that I have yet to see in my limited reading, and it’s this:
The JCPOA, aka the Joint Comprehensive Plan of Action, aka the Iran Nuclear deal, was a peace effort that was succeeding. By all disinterested party accounts that I recall, Iran was not building nuclear weapons and was behaving in conformance to the treaty.
All Trump had to do was keep the treaty going and we wouldn’t be dealing with inflation, supply interruptions, and, most importantly, war casualties.
This is what happens when a public servant substitutes their own interests for the national interest. MAGA should be holding him accountable, for this and whatever is in the Epstein Files, rather than shivering in their shoes.
Foie gras is made from fatty liver, with the goose being, ah, force-fed. Blech.
And that’s how I feel, mixed feelings, about this writer:
Democrats talk endlessly of courting young voters, but are losing my generation because they miss the point entirely. They don’t just have a young voter problem — they have an attention problem.
It’s not just what they’re up against, but how they’re communicating. Crying “constitutional crisis” won’t win votes — it’s hardly enough to get likes.
In the digital age, attention is earned, not assumed. In 2025, Media Matters reported that right-leaning digital programs commanded audiences nearly five times the size of those on the left — a disparity amplified by placement on social media. As MS NOW host Chris Hayes puts it, “if you can’t be heard, it doesn’t matter what you say.”
I know from experience. I study film and digital media, and as a young voter, I’ve scrolled past lifeless Democratic content, noticing how much more engaging posts from conservatives feel. It’s like eyeing your dinner companion’s unhealthy meal — you know it’s not good for you, but it looks so much better than what’s on your plate. [WaPo]
Why mixed feelings? Been there, done that – that is, felt that politics is entertainment (PIE).
For decades.
I used to have a catchphrase for PIE, but it escapes me. Shame on me. I’m sincere. Just not very good at self-shaming.
Look, I’m not blaming this dude, an Ethan Norton. I have no kids, but I’ll say it anyways: we’ve raised a generation of kids whose value system is predicated on the entertainment value of presentations. More entertaining means they’re more likely to follow along.
Speaking as an agnostic, I’m sure that the devil knows the best dirty jokes.
I’m of two or three minds on whether or not this is inevitable and why. Behavior is shaped by feedback, and, these days, there’s not much dying from picking the wrong ideology to suck in through your earbuds.
This rant could go on for a very long time, but I have to get to work. You’ll have to do your own thinking on this subject.
And be careful of taking a bite of PIE.
Anhedonia:
Anhedonia is the inability to experience joy or pleasure. You may feel numb or less interested in things that you once enjoyed. It’s a common symptom of many mental health conditions like depression. Treatment is available to help you regain interest in life’s activities, like being around loved ones or listening to music. [Cleveland Clinic]
Noted in “What is ‘Ozempic personality,’ and why does it make life feel ‘meh’?” Ariana Eunjung Cha, WaPo:
Doctors say they’ve begun hearing similar accounts: a kind of emotional flattening, a dulled response not just to food but to other sources of joy such as reading, listening to music, dancing, gardening — or even sex. Some users also blamed the medications for falling out of love. Online, the phenomenon has taken on a name — anhedonia — and, more colloquially, “Ozempic personality.”