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Joined 1 year ago
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Cake day: September 27th, 2023

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  • I read the article, and the only abuse here is the state abusing its authority.

    I don’t really know much about the mother other than what’s in the story, but she obviously raised a child who feels independent enough to walk a mile to town by himself at age 11. (The title says “10”, but the article says “11”.) I would say that this is a positive thing.

    On the other hand, the state is threatening to take away all of her children with this single incident. The state wants to break up this family unless she complies with all of their invasive demands. Breaking up a family seems like tyranny, especially in response to such an innocent incident.















  • Trump, a main draw for Truth Social users and many retail investors in the company, said earlier in September that he will not sell his stake. The stock price briefly shot up after his remarks.

    Other early investors have made no such promises. They include ARC Global, a sponsor of the blank-check firm that took Trump Media public, and United Atlantic Ventures, an entity controlled by two former contestants on Trump’s reality show “The Apprentice.”

    I believe it’s not only that these investors made no promises not to sell, but that several of them specifically expressed that they would be selling as soon as they were legally allowed to do so.

    It’s hard to accurately value Truth Social. But I think if Trump were to leave the platform, its value would go to zero, and that makes it very risky. I just saw a price of 12.74. I wouldn’t be surprised if it’s still quite overvalued, and so it makes sense for those investors to try to sell at this price.