UPDATED: "The Trumpiest Story Of All Time"?

Maybe. Maybe not, since there is still more time until the end of time. Nonetheless, the following story does seem to suggest that there is no end to the unbridled gall of Don Trump and, undoubtedly, it will probably be fully supported by the MAGA crowd who, we are told, are heavily invested in the stock of his company, which is currently cratering.

Former President Donald Trump's fledgling media business is losing its sheen among investors a week after going public, with a sharp reversal in the company's stock price lopping $4 billion off its value.

Shares of Trump Media & Technology Group, whose primary asset is the Truth Social platform, tumbled 21% on Monday, closing at $48.66, or below its opening price last Monday of $49.90 per share. It also represents a 39% plunge from the stock's high of $79.38 on March 26

Mr. T's reaction? Sue:

Donald Trump is suing two co-founders of Trump Media, claiming they should lose their shares of the company for mismanaging his social media site.

 In the lawsuit, filed on 24 March in Florida state court, lawyers for the former president say Mr Moss and Mr Litinsky were in charge of Trump Media & Technology Group's daily operations, but "failed spectacularly at every turn".

Trump Media & Technology Group (TMTG) is the parent company of Truth Social. 

"They made a series of reckless and wasteful decisions at a critical time that caused significant damage to TMTG and a decline in the stock price of its merger partner," Mr Trump's lawyers wrote in the filing.

All of which is standard operating procedure for the tattered Titan. Famous for his refusal to pay bills, often turning that refusal into lawsuits against contractors, painters etc., the inflamed Orange One doubtlessly thinks it will work again in his life-long practice of refusing to accept responsibility for anything. 

However, I shall leave it to MSNBC to set the record straight on this latest outburst of toddlerism:

It is said that Americans like their politics simple. At any rate, they now have a simpleton, however malicious, leading the charge.

UPDATE: This seems timely:

 

Truly, Irredeemably Bad

I take this blog seriously. In it, I try to offer informed aggregation and commentary, and hope that I am never needlessly cruel or uncouth. However, in order to make the point that American politics has clearly entered a new phase in its embrace of the theatre of the absurd, I must depart somewhat from those guidelines.

This morning I was reading, as I always do, The Star's Vinay Menon. A very entertaining columnist, he writes with wit and verve, often capturing the absurdities of life. In his latest piece, he writes about Don Trump's daughter-in-law, Lara. (Yes, the same Lara who recently became co-chair of the Republican National Committee (RNC) and instituted loyalty oaths for prospective employees, thus making the Trump takeover and makeover of the Republican Party complete.) 

Not surprisingly for a family that cultivates delusional thinking, Ms. Trump now fancies herself a songstress, belting out tunes to promote her father-in-law's 'vision' for America.  I therefore offer two of them for your consideration, although I strongly advise listening only to a few seconds of each to confirm how execrably tuneless the woman is. (My wife threatened severe retribution if I played any more than that.)

Just one more thing: in clicking on the following, you are accepting the disclaimer that I cannot be held liable for any psychic or aural damage you may suffer from your exposure to Ms. Trump's stylings.

Just in case you think the woman was having a bad studio session, here is one more for your abbreviated consideration:

I Am At A Loss For Words

 Some days, I truly despair, and words fail me.

“He’s definitely been chosen by God,” said Marie Zere, a commercial real estate broker from Long Island who attended the Conservative Political Action Conference in February outside Washington, D.C. “He’s still surviving even though all these people are coming after him, and I don’t know how else to explain that other than divine intervention.”

You can read the entire sad story here.

And if that's not enough, consider this from Graeme MacKay:

UPDATED: The Hits Keep Coming

No doubt the PP crowd on the West Coast is all abuzz over the fact that they will soon enjoy his presence as part of his Axe The Tax tour.

No word yet as to whether will be musical accompaniment, but Michael de Adder has some 'sound' ideas in that regard:

UPDATE: The redoubtable Moudakis adds more pungent, poignant spice to PP's shenanigans:

I'm Sure It Is All Very Innocent

 On the 'contradictory' relationship PP has with corporate lobbyists:

H/t trapdinawrpool.bsky.social

For Your Consideration

In a time when reflexive rather than reflective responses are elicited by some of our politicians, a little food for thought from Patrick Corrigan. Axe the tax, spike the hike, bring it home and other such mindless slogans may never be quite the same again.

The High Price Of Populism

In this age of economic deprivation for so many, it is understandable that people seek relief wherever they can find it. Some do without, some shop at discount stores, some take second jobs. Unfortunately, some embrace whomever seems to be offering a helping hand. 

Here in Ontario, that 'helping' hand comes from populist politicians, most notably our own Will Loman ("Be well-liked and you will never want"), Doug Ford. Like the salesman he was through his Deco Labels business, which he still owns, Ford has never lost his appetite for public approval. And that propensity is leading all of us down a very dark economic road.

The province's latest budget, unveiled the other day, projects a tripling of the deficit to $9.8 billion, piling on top of the current debt of almost $400 billion. The government argues that it necessary to keep spending in these economically challenging times and making life more affordable for people.

And therein lies the rub. While the deficit and debt continue to grow, our populist premier is surrendering huge sources of revenue via an extension of the gas tax reduction, the ongoing elimination of auto plate renewal charges, massive subsidies to keep the price of hydro lower, and having the public pick up the tab for developers' charges, at the same time giving below-inflation increases to vital services like health care, education, etc.

Not everyone is fooled by this fiscal sleight-of-hand. Certainly, Toronto Star readers are not. Here are two of their letters

Perhaps if the Doug Ford government hadn't been so enthusiastic about shredding long-term stable revenue streams it wouldn't be in the deficit position it now finds itself. Since 2018 the province has lost approximately $1 billion a year each from the cancellation of the greenhouse gas cap and trade program, the elimination of vehicle licensing fees and reductions in the provincial gasoline tax. To this has to be added the billions in provincial revenues that are now having to be diverted to municipalities to pay for infrastructure needed to support housing, making up for the development charge revenues that were lost through Bill 23 — the infamous Building More Homes Faster Act. Then there is the ongoing $7 billion annual diversion of revenues to artificially lower hydro rates and hide the actual costs of nuclear refurbishments. In the longer term the costs of financing the government's "get it done" megaprojects, many of which, like the Highway 413, the Bradford Bypass and Pickering B nuclear refurbishment, have been previously assessed as uneconomic, unnecessary and destructive, has to be considered as well, in a context of increased interest rates. Beyond the long-term environmental and climate consequences of these choices, different decisions would have left the province far better positioned to make needed investments in areas like education and health care.

Mark S. Winfield, Toronto

Gas tax cut diminished government revenues 

The Ford government could handily have trimmed its deficit in this latest budget by cancelling its gas tax cut. By the government’s own admission, this tax cut has diminished government revenues by $2.1 billion over the past two and a half years. Might not all that money have been more helpful providing affordable housing, supporting public transit, and fixing our overburdened health-care system?

Kenneth Oppel, Toronto

For people like Doug Ford, life and politics are but a shell game, one that fools far too many people far too often. But in the end, we all wind up paying a very steep price.