Former President DonaldTrump could be set for a $1.25 billion windfall if his social media company Truth Social can avoid significant negative volatility over the next two days. If the shares remain at or above $17.50 until the close of trading on Tuesday, Trump is due to acquire an additional 36 million company shares. As of midmorning on Monday, shares stood slightly below $36.
According to filings with the Securities and Exchange Commission, the Trump Media & Technology Group–which controls Truth Social–could issue more shares to those invested in the company before its SPAC merger, including Trump himself. Awarding these shares is conditioned on the steady maintenance of an average price per share exceeding $12.50 for at least 20 of its first 30 trading days. Tuesday will mark the 20th trading day since the merger, and the share price has remained well above the stipulated figure.
If the share price stays above $17.50, 40 million additional shares will be issued. Trump, who owns most of the company’s stock, would be eligible to receive 90 percent of the newly issued certificates, which amounts to 36 million shares. At current prices, this would amount to a $1.25 billion windfall for the former President.
While Trump is currently limited in his ability to sell his shares in the Trump Media & Technology Group, the company board could lift the restrictions by a vote. This would allow the former President to tap a massive cash flow to use in his legaldefense and presidential campaign.
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Former President DonaldTrump could be set for a $1.25 billion windfall if his social media company Truth Social can avoid significant negative volatility over the next two days. If the shares remain at or above $17.50 until the close of trading on Tuesday, Trump is due to acquire an additional 36 million company shares. As of midmorning on Monday, shares stood slightly below $36.
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The Manhattan-based “hush money” prosecution of former President DonaldTrump got off to an abbreviated start, with the court adjourning Monday at 12:30PM ET. A juror had previously notified the judge they would have to leave for a dentist appointment early. The National Pulse will provide a rundown of highlights and essential moments after the court adjourns each day of the trial.
THE DEFENSE’S OPENING ARGUMENTS.
Todd Blanche, one of the former President’s defense attorneys, kicked off the opening arguments. The defense attorney stressed to the jury that: “President Trump is innocent. President Trump did not commit any crimes.”
The defense indicated they will focus heavily on the weakness of Manhattan District Attorney Alvin Bragg‘s case, which relies on an underlying federal crime for which Trump has not been charged.
Addressing the prosecution’s insistence that the case is about Trump’s attempt at ‘election interference,’ Blanche told the jury: “There’s nothing wrong with trying to influence the election… It’s called democracy.” The attorney, pivoting to the prosecution playing up the nondisclosure agreement with Stormy Daniels, argued: “There’s nothing wrong with a nondisclosure agreement.”
The defense attorney also worked to ensure the jurors knew the truth about the prosecution’s star witness, Michael Cohen, calling the disgraced former attorney “a convicted felon,” “an admitted liar,” and “a convicted perjurer.”
THE PROSECUTION RESPONDS.
Prosecutor Matthew Colangelo, a former U.S. federal attorney who resigned his lucrative post to pursue the Trump prosecution, opted for painting a narrative of Donald Trump and Michael Cohen scheming with former National Enquirer CEO David Pecker.
Colangelo, mainly ignoring the facts of the case, told the jurors the three men “struck an agreement” during a 2015 meeting at Trump Tower in which they “conspired to influence the 2016 presidential election in three different ways.” He proceeded to content that the National Enquirer engaged in three catch-and-kill actions to head off stories that could damage the 2016 Trump presidential campaign.
The prosecution attempted to mitigate the reputational damage surrounding their star witness. Colangelo told jurors the reason why Trump’s legal team asked the court to reject Michael Cohen’s testimony was “precisely because it is so damning.”
FIRST WITNESS.
The first witness was David Pecker, the former CEO of the National Enquirer. His testimony only lasted about 20 minutes and comprised mostly biographical information before the court adjourned for the day. Pecker’s testimony will continue tomorrow.
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The Manhattan-based "hush money" prosecution of former President DonaldTrump got off to an abbreviated start, with the court adjourning Monday at 12:30PM ET. A juror had previously notified the judge they would have to leave for a dentist appointment early. The National Pulse will provide a rundown of highlights and essential moments after the court adjourns each day of the trial.
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West Prep Academy, a New York City middle school with a significant percentage of special needs students, is planning on sending them to an unsafe 127-year-old building to make room for migrant kids. The school, in which 43 percent of students have special needs, and 90 percent are Black or Latino, shares a building with PS 145, which has been inundated with a surge in enrollment of migrant children.
“This building is not equipped to house students with special needs [or] students that don’t have any special needs — it’s not equipped, it’s 127 years old,” said Denise Johnson, a parent of a West Prep Academy sixth-grader. “The issue is we are coming from a building that is substantial, with all [the] equipment to service their students to a building that lacks resources.”
“The issue for me is the building in itself. It’s not up to par for anyone to go into learning — it looks like a jail. And I don’t think that’s something that our Black and Brown kids should be provided by based off of someone else’s decision,” Johnson added.
SMOKE SHOPS AND BUMS.
The new location to which West Prep’s special needs students are to be sent poses significant risks to student safety. It also lacks adequate access to a safe outdoor environment.
“There’s multiple doors on the floors, where the children can open and can wander around there. There are concerns in terms of outdoor space. We know that children that are part of the ASC nests program have mandated outdoor time and services that cannot be provided in that building,” said Kaliris Salas, a member of the DOE’s Panel of Educational Policy [PEP]. “And so in turn, a lot of us on the PEP are very concerned about this particular move.”
The 127-year-old facility also sits in a potentially dangerous neighborhood. “There’s smoke shops everywhere, and there’s also people outside that are bums,” said one parent.
New York City continues to struggle with the massive number of illegal aliens who have flooded the city as a result of the Biden regime’s continued failure to address the border crisis. Unfortunately, schoolchildren are often the ones paying the price. In January, students at James Madison High School were kicked out to make room for 1,900 illegal aliens.
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West Prep Academy, a New York City middle school with a significant percentage of special needs students, is planning on sending them to an unsafe 127-year-old building to make room for migrant kids. The school, in which 43 percent of students have special needs, and 90 percent are Black or Latino, shares a building with PS 145, which has been inundated with a surge in enrollment of migrant children.
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The Washington Post is celebrating that over ten thousand illegalaliens — mainly from Venezuela — now operate much of the U.S. capital‘s food delivery infrastructure in an article published Sunday. The newspaper ignores or de-emphasizes the impact of this cheap illegal labor pool on the economy and public safety.
Focusing primarily on the experiences of the delivery drivers who zip around Washington, D.C., on mopeds, the paper ignores the perverse incentive the cheapillegalalienlabor has on companies like Uber, which have increased their ride-hail and delivery rates four times faster than inflation over the last two years. The increase in fees on consumers and reductions in driver pay have allowed the company to achieve an impressive 72 percent annual revenue growth rate.
The newspaper only gives passing mention of the safety concerns raised by local residents and the fact that almost all of the new drivers from Central and South America lack legal work permits. “As they pursue the months-long process of claiming asylum and applying for work permits, many immigrants have leaned on food delivery to stay afloat financially,” The Washington Post notes, while acknowledging that “some D.C. residents have publicly expressed frustration at what they say is erratic and unsafe behavior on the mopeds.”
Almost all the illegalalien delivery drivers in D.C. lack both driver and health insurance, and without official identifying documents, they also lack vehicle registrations — meaning they’re all operating on the streets in contravention of the law. This burgeoning illegal industry has made transiting the roadways around the nation’s capital more dangerous for residents and delivery drivers alike.
However, lawmakers at the local and national levels appear content to let the illegal delivery sector continue unabated despite its problems. Illegal and legal immigrant labor have helped the Biden government boost national employment numbers — with most of the U.S. labor force recovery driven by immigrants entering the job market. And, despite concerns that the immigrants —predominantly hailing from Venezuela — potentially have ties to the dangerous Tren de Aragua gang, the lure of increased consumption and corporate profits have incentivized Congress and the Biden government to take little action to address the border crisis.
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The Washington Post is celebrating that over ten thousand illegalaliens — mainly from Venezuela — now operate much of the U.S. capital's food delivery infrastructure in an article published Sunday. The newspaper ignores or de-emphasizes the impact of this cheap illegal labor pool on the economy and public safety.
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The Criminological Research Institute of Lower Saxony (KFN) has found that nearly half of young Muslims in Germany favor the establishment of an Islamic caliphate, and over a third have an “understanding for violence against people who insult Allah or the Prophet Muhammad.”
Amongst these grade nine students, 45.8 percent affirmed a preference for Islamic theocracy as a form of governance, according to Bild newspaper. Furthermore, 67.8 percent expressed the belief that the principles of the Quran take precedence over German laws. Over a third — 35.3 percent — proclaimed an understanding of violence towards those who insult Allah or Muhammad.
Additionally, 21.2 percent of the young Muslims polled expressed justification of violence in defense against perceived threats to Islam from the Western world.
The findings come amidst escalating anti-Semitic attacks and heightened terror threats in Europe following the October 7, 2023, Hamas attacks on Israel, resulting in Chancellor Olaf Scholz‘s liberal coalition government acknowledging the necessity for immigration reforms. The German government is mulling increased measures to curb illegal immigration, intensify deportations, and reduce welfare benefits for purported asylum seekers.
These challenges notwithstanding, Berlin continues to favor liberalization of German citizenship procedures and lowering labor standards to attract more immigrants. This move is consistent with the open-border policies initiated by former Chancellor Angela Merkel and sustained under Chancellor Scholz, which have profoundly altered the country’s demographics over the past 20 years.
By 2021, individuals with “migration background” — those who immigrated or had foreign-born parents — constituted over a quarter of Germany’s population, numbering a record-high 22.3 million.
Other European countries with high numbers of Muslim citizens wrestle with similar levels of extremism. A recent study in the UK found that nearly half of British Muslims sympathize with Hamas.
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The Criminological Research Institute of Lower Saxony (KFN) has found that nearly half of young Muslims in Germany favor the establishment of an Islamic caliphate, and over a third have an “understanding for violence against people who insult Allah or the Prophet Muhammad.”
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Unredacted documents published Monday have begun to reveal the extent of the Biden government’s collusion with the National Archives and Records Administration (NARA) to “concoct a case” against President Donald Trump. The records also appear to confirm that President Trump was telling the truth when he said his team was still negotiating chain of custody with NARA when they suddenly made a criminal complaint.
Reporter Julie Kelly revealed: “Thanks to order by Judge Cannon, key evidence related to classified docs case is now unredacted. On the left: What DOJ/Jack Smith wanted to conceal. On the right: Now we know why. More proof of collaboration btw Biden White House and NARA to concoct a case.”
The documents without markings reveal a complex attempt by Biden’s Department of Justice, working hand-in-hand with the Obama-appointed National Archivist David Ferriero to cease normal ongoing negotiations with an outgoing president and instead begin a criminal investigation – something that has never happened before.
NEW: Thanks to order by Judge Cannon, key evidence related to classified docs case is now unredacted.
On the left: What DOJ/Jack Smith wanted to conceal.
On the right: Now we know why. More proof of collaboration btw Biden White House and NARA to concoct a case. pic.twitter.com/YVHVmAfOai
Ferriero, who resigned in 2022 while demanding Joe Biden refuse to hire a white person in his place, reportedly “ran out of patience” with the normal process of negotiating with Trump’s team for any documents that were removed during the White House transition.
This, as well as details about how the case emerged, were unredacted by Judge Aileen Cannon on Monday.
The unredacted documents prove the case was being concocted by Biden’s own White House and the Department of Justice under Merrick Garland months before the NARA criminal referral – a revelation that will rankle Biden’s campaign team which has advised the 46th President to steer clear of the topic for fear of public scrutiny.
Outrageous lies by Joe Biden, Attorney General Merrick Garland, and DOJ/Jack Smith about "independence" from investigations into Trump.
The Biden White House and DOJ wew intimately involved in developing a criminal case against Trump for records mismanagement–it appears the… pic.twitter.com/UhHPtRkVlR
The news follows recent Rasmussen polling that revealed most Americans now believe the cases against Trump are a “politically motivated witch-hunt” and that the 45th President is unlikely to encounter an untainted jury.
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Unredacted documents published Monday have begun to reveal the extent of the Biden government's collusion with the National Archives and Records Administration (NARA) to "concoct a case" against President Donald Trump. The records also appear to confirm that President Trump was telling the truth when he said his team was still negotiating chain of custody with NARA when they suddenly made a criminal complaint.
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Michael Cohen, the disbarred former lawyer to Donald Trump expected to serve as a star witness in Manhattan District Attorney Alvin Bragg’s election interference prosecution of the former president, is now a contributor to MeidasTouch. The far-left news network responsible for the “bloodbath” hoax has been described as the “front line” of the anti-Trump campaign by Joe Biden’s White House.
Cohen, an admitted perjuror and felon, is prominent among MeidasTouch’s list of contributors, directly below its Sean ‘Diddy’ Combs-linked co-founder Ben Meiselas.
Among several articles the disgraced lawyer has penned for MeidasTouch is one titled ‘My Testimony,’ in which he brags about having “accused Trump of a wide range of wrongdoings, including racism, tax fraud, and obstruction of justice” at seven congressional hearings.
The article argues witnesses like Cohen “must be protected when testifying against dangerous individuals like Donald Trump.” Among the dangers Cohen lists are “public scrutiny,” which he complains is “stressful and can damage [your] reputation.”
One such episode of damaging “scrutiny” was revealed in December 2023, when unsealed court filings showed he supplied his lawyer with fake legal citations made up by Google Bard and an Artificial Intelligence (AI) program similar to ChatGPT.
Cohen blamed his lawyer, David Schwartz, for the fiasco, insisting it was up to Schwartz to check that the fake cases he supplied actually existed before placing them before a judge.
Prosecutors are aware of Cohen’s dubious character, having listed him as one of several witnesses in the case with “bad issues” in comments to prospective jurors.
ROGUE’S GALLERY.
Cohen is not the only controversial figure associated with MeidasTouch. The network, which began as a Democrat political action committee (PAC), received thousands of dollars from Democrat megadonor Reid Hoffman, a visitor to Jeffrey Epstein’s private island, in 2020.
Hoffman, the billionaire co-founder of LinkedIn, has also bankrolled Nimarata ‘Nikki’ Haley‘s primary challenge against Trump, E. Jean Carroll’s lawsuit against the former president, and legal defense of Russia hoaxers Fusion GPS.
Another early funder of MeidasTouch is the Lincoln Project, a Republican-in-name-only organization founded to oppose Donald Trump. Lincoln Project co-founder John Weaver had to exit politics after over 20 young males, including a minor, accused him of harassing or grooming them.
Contributors besides Cohen include ‘Coach D’ – who believes America’s founders were all white supremacists, rapists, and pedophiles – as well as Karen Friedman Agnifilo, who worked for five years with Trump prosecutor Jack Smith.
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Michael Cohen, the disbarred former lawyer to Donald Trump expected to serve as a star witness in Manhattan District Attorney Alvin Bragg's election interference prosecution of the former president, is now a contributor to MeidasTouch. The far-left news network responsible for the "bloodbath" hoax has been described as the "front line" of the anti-Trump campaign by Joe Biden's White House.
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Sheetz, a Pennsylvannia-based family business operating over 600 convenience stores across six states, is being sued by the Joe Biden regime’s Equal Employment Opportunity Commission (EEOC), which says the chain “violated federal law by denying employment to a class of job applicants because of their race.”
Notionally independent, the EEOC is run by Charlotte Burrows, a Democrat and former aide to the late Senator Ted Kennedy. In a statement, the agency admits it “does not allege that Sheetz was motivated by race when making hiring decisions,” but insists the chain still discriminated against minorities by “screening all job applicants for records of criminal conviction and then denying them employment based on those records.”
The agency explained, “Federal law mandates that employment practices causing a disparate impact because of race or other protected classifications must be shown by the employer to be necessary to ensure the safe and efficient performance of the particular jobs at issue.”
“Even when such necessity is proven, the practice remains unlawful if there is an alternative practice available that is comparably effective in achieving the employer’s goals but causes less discriminatory effect,” they added.
Sheetz, which is being sued under Title VII of the Civil Rights Act of 1964, says “[d]iversity and inclusion are essential parts of who we are” and that they have “attempted to work with the EEOC for nearly eight years to find common ground and resolve this dispute.”
The EEOC wants the chain to offer jobs to minorities it turned down, including back pay and retroactive benefits.
The federal government has launched many lawfare cases since Joe Biden took office. Multiple prosecutions of Donald Trump have been mounted, and lawsuits have been lodged empowering federal officials to dismantle state border defenses and block state-level border control laws in Texas.
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Sheetz, a Pennsylvannia-based family business operating over 600 convenience stores across six states, is being sued by the Joe Biden regime's Equal Employment Opportunity Commission (EEOC), which says the chain "violated federal law by denying employment to a class of job applicants because of their race."
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Legal analyst Alan Dershowitz has warned moves by Democrat lawmakers to take away Donald Trump’s security if he is sent to prison are intended to facilitate his murder. Bennie G. Thompson (D-MS), Ranking Member of the Committee on Homeland Security, has put forward legislation to strip anyone sentenced to a year or more in prison for a federal or state felony of Secret Service protection.
“That’s ridiculous, that means they want him killed because he’s obviously a target,” Dershowitz said of Thompson’s Denying Infinite Security and Government Resources Allocated toward Convicted and Extremely Dishonorable (DISGRACED) Former Protectees Act.
“We live in an age where everybody is in danger… certainly Donald Trump needs to get Secret Service protection,” he added.
Thompson has made it clear his bill targets Trump, complaining that “current law doesn’t anticipate how Secret Service protection would impact the felony prison sentence of a protectee – even a former President.”
“[I]t is necessary for us to be prepared and update the law so the American people can be assured that protective status does not translate into special treatment,” he insists.
‘GUARANTEED VICTORY.’
Dershowitz does not believe Trump will be imprisoned at the end of his election interference trial in Manhattan. He predicts New York Supreme Court Judge Juan Merchan will “bluff, fine and threat, but he’s not going to throw Donald Trump in jail.”
Such a move would mean “a guaranteed victory” in November’s presidential election, Dershowitz explained.
Trump’s legal team argues Merchan is compromised due to his family’s ties to the Democratic Party. The judge’s daughter, Loren Merchan, has links to Adam Schiff and Kamala Harris and expressed support for her father imprisoning Trump by sharing pictures of him behind bars on social media.
However, Judge Merchan has refused requests that he recuse himself and banned the former president from talking about his family.
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Legal analyst Alan Dershowitz has warned moves by Democrat lawmakers to take away Donald Trump's security if he is sent to prison are intended to facilitate his murder. Bennie G. Thompson (D-MS), Ranking Member of the Committee on Homeland Security, has put forward legislation to strip anyone sentenced to a year or more in prison for a federal or state felony of Secret Service protection.
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A majority of voters believe that the prosecution of President Donald J. Trump is a “politically motivated witch hunt,” and that he is unlikely to be able to get a fair trial in New York City, according to numbers released Monday by Rasmussen Reports.
The data, which emerges from a national survey of 1,126 U.S. likely voters, reveals that just 27 percent of those survey think it is “very likely” Trump receives a fair trial. Fifteen percent say it is “somewhat likely,” but a combined 51 percent majority believe it is “not very likely” or “not likely at all.” Six percent told Rasmussen they were “not sure.”
Additionally, 54 percent were inclined to agree with President Donald Trump that the case against him, especially in the so-called “hush money” trial in New York, is a “politically motivated witch hunt.” Forty percent disagreed, with six percent unsure, again.
Almost 70 percent of Hispanic voters – versus 55 percent of whites, and 43 percent of blacks – believe the trial is a witch hunt.
Opening arguments begin in the Manhattan courtroom today, with the presiding judge, a Democrat donor and his children, set to materially benefit from a guilty verdict against the former President.
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A majority of voters believe that the prosecution of President Donald J. Trump is a "politically motivated witch hunt," and that he is unlikely to be able to get a fair trial in New York City, according to numbers released Monday by Rasmussen Reports. show more
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