Stop Trying to Make Fetch Happen

 

Former U.S. president Donald Trump launches 'TRUTH' social media platform

Says some of the more measured coverage, from Reuters. Well, not exactly. Actually, it's that he will launch it, as soon as the company that's going to create it exists, after the finalization of a merger between the Trump Media and Technology Group (TMTG) and a company called Digital World Acquisition Corp, a "special acquisition company", the singular purpose of which is to buy TMTG for $293 million and list it on NASDAQ. Unless some shareholder in the acquisition company, run by former investment banker Patrick Orlando decides to take their shares back, and Orlando's track record in setting up special acquisition companies or SPACS is not a long or hope-inspiring one:

Orlando, who has worked at Deutsche Bank and BT Capital Markets, has launched at least four SPACs and has plans for two more, according to his firm's website and regulatory filings.

But none of the SPACs have completed a deal yet. A China-based SPAC that Orlando led failed last month to complete a merger with Giga Energy Inc that would have valued the transportation solutions provider at $7.3 billion, because it could not deliver the cash required, according to regulatory filings.

My bold. Also, TMTG, or as Trump Jr. called it yesterday in a Fox News interview,

Feel the Burn. But don't get too excited.

Hi MBRU Cowpokes! Thanks, Tengrain (for all the style quirks I stole from you for this piece)!

Really, Russian intelligence? Karla would be rolling over in his grave, were he not a fictional character.

Poor Debbie!

Turns out that while certain self-denominated progressives have been demonizing Wasserman Schultz as the personification of a rigged Democratic Party run by powerful hidden capitalist overlords, that whole party has been longing to get rid of her, at least if you trust

Several senior Democratic officials with ties to Hillary and Bill Clinton

two people with direct knowledge of the conversation

one former West Wing adviser

a senior Democrat

a DNC staffer

a source familiar with the discussion

and

one state party chair

Ah, Politico! "Some said, said some..." Nevertheless, I think there are solid reasons for trusting them on this one: many people who would like the news out that Wasserman Schultz's departure is a welcome development, but few who want their names out there as saying so. It really seems to have been everybody, from the president and his political staff (Jim Messina, as far back as the wake of the 2012 election), Hillary Clinton and her people, starring John Podesta and Robby Mook (since fall 2015), and her own staff: as she began to not show up for scheduled events,