He’s losing cash reserves and legal gambits, and his eponymous stock – DJT – took an embarrassing tumble this week
Donald Trump is doing his best Wizard of Oz imitation. These days, Trump is not looking like the “winner” he needs voters to believe him to be. Like the title character in L Frank Baum’s 1900 children’s fantasy and the 1939 movie, there is less there than meets the eye. The 45th president’s lead in the polls evaporates while his cash stash shrinks.
His upcoming felony fraud trial in Manhattan looms. For the record, he is zero for three in his bids to adjourn the trial, and lawyers are expensive.
At the same time, the stock price of Trump Media & Technology Group – his eponymous meme stock, DJT – has plummeted this week. “DJT stock is down again,” announced Barron’s on Thursday. “Trump’s stake in Truth Social parent has taken a hit.”
Elsewhere a headline blared: “Trump’s ‘DJT’ stock dives to lowest close since Ron DeSantis dropped out”. Reminder, Trump is a guy whose businesses are no stranger to bankruptcy or allegations of fraud. He leaves wreckage in his wake.
This is the best summary I could come up with:
This time, it may lead to another Trump loss and Hakeem Jeffries of Queens wielding the speaker’s gavel in the US House of Representatives.
The last thing they need is a thrice-married libertine seventysomething with a penchant for adult film stars and Playboy models telling them how to raise their kids or meddling in their personal lives.
For the moment anyway, the party faithful ignore Trump’s pleas to rectify the decision of Arizona’s highest court to allow the criminalization of all abortions except when the life of the mother is endangered.
Likewise, Kari Lake – a Republican Senate candidate in Arizona, Trump acolyte and frequent guest at Mar-a-Lago – had demanded that her state enact an abortion regime that copied Texas’s draconian law.
Indeed, Reuters’s latest poll shows the 46th president with a four-point lead up from a single percentage point a month ago.
Substitute Stormy Daniels for Dorothy and the only things missing from this tableau are Toto, the little dog, ruby slippers and Kansas.
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