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Tag: Donald Trump
May 22, 2024
William Upton
Election 2024

Why Did RFK Drop $24K Into Gamestop Shares?

Independent U.S. presidential candidate Robert F. Kennedy, Jr. revealed on Tuesday that he invested $24,000 in the meme stock GameStop as a gesture of solidarity with the retail investor rebellion against Wall Street. “My administration will support the Ape retail rebellion and enact aggressive Wall Street reforms,” Kennedy wrote in a post on X (formerly Twitter). He added: “To match action with words, I just invested $24,000 in GameStop.”

Retail investors, who refer to themselves as “apes,” played a significant role in the 2021 stock rallies of GameStop and AMC, a movie theater chain. These investors were motivated to counteract Wall Street analysts’ negative outlooks regarding those companies’ prospects. Coordinating through social media and internet message boards, the “apes” were able to pump the value of the two companies and wreak havoc among institutional investors.

Last week, interest in the meme stock phenomenon was sparked again when “Roaring Kitty,” a central figure in the 2021 GameStop frenzy, returned to online platforms after a long hiatus. Kennedy is actively seeking to attract undecided voters by appealing to anti-establishment meme stock investors.

On the campaign trail, Kennedy has made conflicting statements regarding his interest in alternative investments. In July 2023, he stated that he had not invested in Bitcoin despite financial records indicating he owned at least $100,000 worth of the cryptocurrency.

In response to Kennedy’s announcement, former President Donald J. Trump‘s campaign declared that it would now accept cryptocurrency donations, also aiming to attract votes from investors disillusioned with the traditional financial system. The Trump campaign said in a statement, “Today’s announcement reflects President Trump’s commitment to an agenda that values freedom over socialistic government control.”

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Independent U.S. presidential candidate Robert F. Kennedy, Jr. revealed on Tuesday that he invested $24,000 in the meme stock GameStop as a gesture of solidarity with the retail investor rebellion against Wall Street. "My administration will support the Ape retail rebellion and enact aggressive Wall Street reforms," Kennedy wrote in a post on X (formerly Twitter). He added: "To match action with words, I just invested $24,000 in GameStop." show more
May 22, 2024
William Upton
Lawfare

WATCH: Michael Cohen’s Lawyer Makes Laughable Claim That His Lies HELPED His Credibility.

Disgraced lawyer Michael Cohen‘s attorney, Danya Perry, is arguing the serial perjurer‘s acknowledgment of his past dishonesty lends credibility to his testimony in former President Donald J. Trump‘s Manhattan-based hush money trial. Perry made the claim during an interview on Monday with Joe Biden‘s former press secretary, Jen Psaki, on MSNBC.

Perry emphasized that Cohen has been forthcoming about his previous misconduct, suggesting this transparency makes him a more reliable witness for the prosecution. “The takeaway here is that he has made his peace with his admittedly checkered past,” Perry said, adding: “And he was also truthful about the many lies and mistakes he’s made along the way.”

Psaki pressed Perry on Cohen‘s decision to waive attorney-client privilege with Robert Costello, a lawyer who had advised Cohen during his legal troubles in 2018. The defense called Costello after the former federal prosecutor and criminal defense attorney testified before Congress that Cohen was continuing to lie on the witness stand. Psaki asked Perry if Cohen had any regrets regarding that decision.

“Years ago, he waived his attorney-client privilege when it comes to Robert Costello,” Psaki remarked. “Do you regret that? Should he regret that?” Perry responded, “I don’t think there were any blows that landed. I think Michael testified exactly what that relationship was and why he stayed at arms’ length from Bob Costello. I think the jury saw that on full display today.”

Perry further contended that the defense’s attempts to discredit Cohen rely on information Cohen himself disclosed earlier. “I think Michael has been nothing but forthright with this prosecution team,” Perry asserted. “Some of the so-called ‘aha’ or ‘gotcha’ moments were given to the defense care of Michael Cohen.”

WATCH:

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Disgraced lawyer Michael Cohen's attorney, Danya Perry, is arguing the serial perjurer's acknowledgment of his past dishonesty lends credibility to his testimony in former President Donald J. Trump's Manhattan-based hush money trial. Perry made the claim during an interview on Monday with Joe Biden's former press secretary, Jen Psaki, on MSNBC. show more
May 22, 2024
William Upton
Election 2024

Nikki Haley Staffer Confirms Convention Coup Plot Against Trump.

Former South Carolina Governor Nimarata ‘Nikki’ Haley appears to be plotting a coup to seize the Republican presidential nomination from former President Donald J. Trump by forcing a brokered Republican National Convention in mid-July. Haley has continued to court donor support despite suspending her presidential primary campaign in March.

Social media posts from Mitti Randhawa, Haley‘s brother, have added fuel to speculation that the former South Carolina Governor may attempt a floor revolt similar to the one spearheaded by Senator Ted Cruz (R-TX) during the 2016 Republican convention. On Wednesday, investigative journalist Laura Loomer reported that the Trump campaign had contacted Haley’s team regarding Randhawa’s social media posts. According to Loomer, a Haley staffer only replied snarkily, stating, “I’m sure the Trump family has done the same to Nikki Haley.”

This past Sunday, Randhawa posted a photo of himself and his sister on X (formerly Twitter) with the caption, “The support is real! Nikki Haley for President! Milwaukee, here we come!” Loomer responded to Haley’s brother asking him if the former Republican presidential candidate is “planning a coup against Trump at the convention?”

“Yup, what the actual hell! Deal with it. It’s happening Sis!” Randhawa replied before adding: “There is a movement, a serious movement, and you and your minions cannot deny it.”

Randhawa’s comments appear to confirm concerns among national Republican leaders that Haley intends to attempt to sabotage the presumptive Republican presidential nominee, Donald Trump. The National Pulse reported that Haley met with a group of former campaign donors in Charleston, South Carolina, on May 10. According to Haley, the event was ostensibly to express her gratitude to donors. However, having not formally endorsed Trump, there are fears that Haley may have used the meeting to pitch her anti-Trump backers on a plan to cause chaos at the convention.

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Former South Carolina Governor Nimarata ‘Nikki’ Haley appears to be plotting a coup to seize the Republican presidential nomination from former President Donald J. Trump by forcing a brokered Republican National Convention in mid-July. Haley has continued to court donor support despite suspending her presidential primary campaign in March. show more
May 22, 2024
Lawfare

Judge Merchan is ‘Outrageous, Unethical, Unlawful And Petty,’ According to Top Lawyer Who Was in The Court.

Legendary defense attorney and former Harvard law professor Alan Dershowitz says Judge Juan Merchan behaved like an “absolute tyrant” during former President Donald J. Trump‘s Manhattan-based hush money trial on Monday. In an op-ed for the New York Post, Dershowitz blasted the Democrat-aligned judge over his political bias and treatment of Trump’s legal defense team.

Dershowitz noted Judge Merchan’s seemingly consistent rulings against the defense and excluding what he described as “obviously relevant evidence” while allowing the prosecution to present “irrelevant evidence.” He emphasized that, in his 60 years of legal experience across multiple countries, he had never witnessed a judge behave like Merchan.

The former Harvard law professor also shed further light on a fiery exchange between Merchan and defense witness Robert Costello — which resulted in Judge Merchan briefly clearing the courtroom. According to Dershowitz — who was able to remain in the chamber despite the judge’s order — the judge threatened the witness, telling him he would “strike all of Costello’s testimony if he raised his eyebrows again.”

Before clearing the room, Merchan repeatedly chastised Costello for rolling his eyes and making utterances in response to the judge’s rulings on the prosecution‘s objections. Dershowitz argued Merchan’s threat was unconstitutional, potentially violating Trump’s Sixth Amendment right to a fair trial and to confront witnesses. He called Merchan’s response to Costello “absolutely outrageous, unethical, unlawful and petty.”

Such judicial conduct, Dershowitz contends, demonstrates a significant bias against the defense.

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Legendary defense attorney and former Harvard law professor Alan Dershowitz says Judge Juan Merchan behaved like an "absolute tyrant" during former President Donald J. Trump's Manhattan-based hush money trial on Monday. In an op-ed for the New York Post, Dershowitz blasted the Democrat-aligned judge over his political bias and treatment of Trump's legal defense team. show more
Bidenomics
May 22, 2024
William Upton
Economy

WSJ Publishes Brutal Graphics Showing True Destruction of ‘Bidenomics.’

Data revealed by The Wall Street Journal shows the true extent of havoc Bidenomics has wrecked on the U.S. economy. Even as the Dow Jones Industrial Average surpassed 40,000 points, the economy under Joe Biden‘s tenure in the White House has struggled to grow beyond a sluggish rate. Despite the seeming market success that has recently occurred under the Biden government, the numbers belie just how successful investors were under former President Donald J. Trump.

While the market has been up roughly 28 percent under Biden since his inauguration in 2021, former President Trump finished his first term in office with the market up 57 percent.

When measured from election day, market performance under former President Trump looks even more impressive than that of Biden. Since the 2020 election, the market has been up 45 percent. However, when measuring market performance from the 2016 election date, the Dow Jones finished 70 percent up under former President Trump.

However, the U.S. stock market — and the Dow Jones Industrial Average — is only a small component of the U.S. economy overall. Other economic indicators are not nearly as favorable for Biden but remain impressive for the Trump presidency. The change in net household income surged upwards under Trump, nearly hitting a 40 percent increase in nominal value at this point in his presidency. Meanwhile, when controlling for inflation, household income surged almost 30 percent under Trump.

Under the Biden government, however, American households continue to struggle. Nominal income has increased just 19 percent at this point, and when controlled for inflation, that number drops to a near zero percent increase.

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Data revealed by The Wall Street Journal shows the true extent of havoc Bidenomics has wrecked on the U.S. economy. Even as the Dow Jones Industrial Average surpassed 40,000 points, the economy under Joe Biden's tenure in the White House has struggled to grow beyond a sluggish rate. Despite the seeming market success that has recently occurred under the Biden government, the numbers belie just how successful investors were under former President Donald J. Trump. show more
May 22, 2024
Election 2024

Billionaire Trump Donor Dumps ANOTHER $5M Into RFK Campaign.

Billionaire donor Timothy Mellon has injected another $5 million into Robert F. Kennedy Jr.‘s campaign. According to newly disclosed campaign finance records, the sizable donation was made in April to American Values 2024, a SuperPAC supporting Kennedy.

The move will likely fuel speculation that Mellon’s contributions aim to divert votes away from Joe Biden to benefit former President Donald J. Trump. Mellon, a prominent supporter of Trump, previously contributed $20 million to American Values 2024 and $15 million to the Trump-affiliated Make America Great Again Inc. His latest donation points to continued involvement in shaping the political landscape ahead of November’s presidential election.

Recent polls indicate that Kennedy draws support from both major party candidates. The independent candidate has notable backing from young voters and Latinos, traditionally Democratic-leaning groups. However, pro-Kennedy voter demographics vary from state to state. Some data suggest the independent candidate pulls from former President Trump‘s base in several key swing states.

Mellon, 81, is an heir to a banking and industrial fortune estimated at $14 billion by Forbes. Based in Wyoming, he has funded national causes, including a proposed border wall in Texas in 2021. Federal election data suggests that Mellon has doled out over $150 million to various political causes and campaigns over the past several election cycles.

“Donald Trump’s largest donor emptying his wallet to help RFK Jr.’s candidacy tells us everything we need to know,” a spokesperson for the Democratic National Committee told the far-left website The Daily Beast regarding Mellon’s donation to Kennedy. He added: “MAGA Republicans are hellbent on propping up RFK Jr. to be a spoiler for Trump in this race.”

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Billionaire donor Timothy Mellon has injected another $5 million into Robert F. Kennedy Jr.'s campaign. According to newly disclosed campaign finance records, the sizable donation was made in April to American Values 2024, a SuperPAC supporting Kennedy. show more
May 21, 2024
William Upton
Lawfare

Trump Trial Witness BARRED By Corrupt Judge Reveals What He Would Have Said.

Former Federal Election Commission (FEC) Commissioner Bradley Smith has revealed what he would have told the jury in former President Donald J. Trump‘s hush money trial if Democrat-aligned Judge Juan Merchan had allowed him to testify.

Smith, a Harvard-educated campaign finance lawyer, was slated to address claims made by District Attorney Alvin Bragg‘s prosecutors that the former President had violated campaign finance law. However, before testifying, Judge Merchan severely limited the scope of Smith’s testimony — allowing him to essentially only address the history of the commission and a handful of legal definitions.

SMITH VERSUS MERCHAN.

“Judges instruct the juries on the law, and they don’t want a battle of competing experts saying here’s what the law is,” Smith said in an interview with the Washington Examiner. He added: “They feel it’s their province to make that determination. The problem, of course, is that campaign finance law is extremely complex, and just reading the statute to people isn’t really going to help them very much.”

Addressing District Attorney Alvin Bragg‘s dubious claims regarding federal election law, Smith said he would have “[laid] out the ways the law has been interpreted in ways that might not be obvious.”

A COMPLICATED LAW.

“You read the law, and it says that anything intended for the purpose of influencing an election is a contribution or an expenditure,” Smith explained, adding: “But that’s not, in fact, the entirety of the law. There is the obscure, and separate from the definitional part, idea of personal use, which is a separate part of the law that says you can’t divert campaign funds to personal use.”

Based on federal law, Smith said: “I can tell you my personal belief is that clearly paying hush money, or paying for a nondisclosure agreement, does not constitute a campaign expense.”

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Former Federal Election Commission (FEC) Commissioner Bradley Smith has revealed what he would have told the jury in former President Donald J. Trump's hush money trial if Democrat-aligned Judge Juan Merchan had allowed him to testify. show more
trump mar a lago
May 21, 2024
Lawfare
News

FBI Authorized To Use DEADLY FORCE In Mar-A-Lago Raid According To Filings.

Newly unsealed court documents reveal that the FBI was authorized to use deadly force against former President Donald Trump during its raid on Mar-a-Lago in August 2022. The documents show that Attorney General Merrick Garland personally approved the raid, which sought classified documents allegedly mishandled by Trump.

The raid has been described as unprecedented. Special Counsel Jack Smith subsequently indicted Trump for alleged mishandling of classified information. The unsealed operations order indicated that FBI agents were prepared to use deadly force if necessary and provided detailed instructions for engagement with Trump and his Secret Service detail.

“According to an ‘Operations Order’ produced in discovery, the FBI believed its objective for the Mar-a-Lago raid was to seize ‘classified information, NDI [national defense information], and US Government records as described in [the] search warrant,’” states a filing by Trump’s legal team.

“The Order contained a ‘Policy Statement’ regarding ‘Use Of Deadly Force,’ which stated, for example, ‘Law enforcement officers of the Department of Justice may use deadly force when necessary,’” the filing explains. “The agents planned to bring ‘Standard Issue Weapon[s],’ ‘Ammo,’ ‘Handcuffs,’ and ‘medium and large sized bolt cutters,’ but they were instructed to wear ‘unmarked polo or collared shirts’ and to keep ‘law enforcement equipment concealed.’”

Screenshots of the filing shared on social media indicate that the FBI had prepared for potential confrontations with Trump or his security team. A “Contingencies” list from the filing stated that agents should be ready to engage with Trump and the Secret Service if he was present at Mar-a-Lago.

Earlier this month, U.S. District Judge Aileen Cannon indefinitely postponed the trial in this case. The postponement followed admissions from the Department of Justice that some of the documents seized during the raid had been tampered with or misplaced.

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Newly unsealed court documents reveal that the FBI was authorized to use deadly force against former President Donald Trump during its raid on Mar-a-Lago in August 2022. The documents show that Attorney General Merrick Garland personally approved the raid, which sought classified documents allegedly mishandled by Trump. show more
trump dollar cash money
May 21, 2024
Election 2024

Trumps Fundraising Figures Freaks Out the Far Left.

For the first time in the 2024 presidential election cycle, former President Donald J. Trump outraised his opponent, 81-year-old Democrat incumbent Joe Biden. The Trump campaign and the Republican National Committee (RNC) announced they raised an impressive $76 million in April. Meanwhile, the Biden campaign, the Democratic National Committee (DNC), and several aligned PACs raised just $51 million over the same period.

The figures for both political parties are based on public data provided by both presidential campaigns. Official figures won’t be confirmed until July, when both campaigns must file quarterly financial records with the Federal Election Commission (FEC). The boost in Trump’s fundraising, however, suggests that the ongoing Democratic lawfare campaign against the former President is having an impact on the election — just not the effect that Biden and the Democrats had hoped.

April also marked the RNC‘s most successful month of the year, with an estimated $32 million raised. The DNC, however, narrowly outperformed them — raising an estimated $35 million. The Trump presidential campaign committee alone — excluding the national party committee and affiliated PACs — raised $9.4 million in April, according to FEC filings. Meanwhile, Biden’s campaign committee pulled in $24.2 million.

Trump’s financial gains in April coincided with a major fundraising event at Wall Street veteran John Paulson’s home in Florida. The event, benefiting Trump‘s joint fundraising committee, Trump 47, and other Republican entities, raised over $50 million. Paulson is widely considered a contender for the position of Treasury Secretary should former President Trump win the November election.

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For the first time in the 2024 presidential election cycle, former President Donald J. Trump outraised his opponent, 81-year-old Democrat incumbent Joe Biden. The Trump campaign and the Republican National Committee (RNC) announced they raised an impressive $76 million in April. Meanwhile, the Biden campaign, the Democratic National Committee (DNC), and several aligned PACs raised just $51 million over the same period. show more
May 21, 2024
Ed Kozak
Culture

‘Home Alone’ Star Says Trump Picked Up $7,000 Bar Tab.

A new memoir by actor Daniel Stern, slated for release on May 21, reveals an interesting anecdote involving former President Donald Trump during the filming of Home Alone 2: Lost in New York. According to Stern, Trump offered to cover the group’s bar tab after making a cameo in the popular 1992 sequel.

Stern, known for his role as Marv in Home Alone and its sequel, cult classic C.H.U.D., and also as the narrator of The Wonder Years, writes in “Home and Alone” that Trump’s real contribution was allowing the production to use the opulent Trump Plaza as a filming location. Stern notes that the meeting with Trump, arranged by the film’s producers, was noteworthy but that Trump was “not a great conversationalist.”

During one night of production, Stern and some crew members were drinking at the Plaza’s Oak Room. Trump entered with his then-wife Ivana Trump and began interacting with guests. Spotting the film crew, Trump made a public offer to pick up their tab. According to Stern, this prompted the group to have multiple rounds of drinks, eventually shutting down the bar at 4 AM. Stern estimates the total spending to be at least $7,000.

In an interview with Page Six, Stern said, “We still feel really good about that,” reflecting on Trump’s current standing as a divisive political figure.

Director Chris Columbus claimed in a 2020 Business Insider interview that Trump had “bullied” his way into the film as part of the conditions for using the Plaza as a location. Columbus noted that Trump was originally not intended to remain in the final cut, but positive reactions from test audiences secured his brief appearance in the film.

Trump has refuted Columbus’ claims, stating on his Truth Social platform that he did not bully his way into the movie.

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A new memoir by actor Daniel Stern, slated for release on May 21, reveals an interesting anecdote involving former President Donald Trump during the filming of Home Alone 2: Lost in New York. According to Stern, Trump offered to cover the group's bar tab after making a cameo in the popular 1992 sequel. show more