#con job

[itsmythang]

💯💯💯

[tomorrowusa]

DJT Is No Longer a Media Company. It’s a Bitcoin Treasury With a Brand

Here’s a question worth sitting with: if a company generates $3.7 million in annual revenue but holds $2.5 billion in financial assets, what

Most of us know the misnamed Truth Social as Trump's vanity social media platform. But it has more in common with crypto firms and other types of businesses.

Here's a question worth sitting with: if a company generates $3.7 million in annual revenue but holds $2.5 billion in financial assets, what exactly is it? That's the puzzle at the heart of Trump Media & Technology Group (NASDAQ:DJT). On paper, DJT is classified as a Communication Services company in the Internet Content & Information industry. Its official description calls it a "forward-looking media and technology company dedicated to fostering free speech." But the numbers tell a very different story. [ ... ] Truth Social and Truth+ combined produced $3.7 million in full-year 2025 revenue. For context, that's against a market cap of roughly $2.85 billion. No traditional media company trades at a comparable multiple to its revenue. The market clearly isn't pricing Truth Social's ad revenue. It's pricing something else entirely. [ ... ] The company now operates Truth.Fi (ETFs and separately managed accounts with America-First themes), Truth Predict (prediction markets via a Crypto.com partnership), and Truth Search (AI-powered search via Perplexity). It purchased approximately 684.4 million CRO tokens for $97 million in Q3 2025 alone. It has a proposed merger with TAE Technologies, a fusion energy company. None of that is media.

Trump's pitiful platform is a tiny part, financially, of Trump Media & Technology Group Corp. There's crypto, AI search, a prediction market, and other stuff.

Despite $2.5 billion in assets, DJT:NASDAQ on Friday was just a few cents above its all time low. It's even below where it started off ($9.94) on 01 October 2021. SAD!

^^^ Think of the dupes who bought it at $97 in March of 2022. Imagine that they held on to those shares thinking that Trump is a business genius who will eventually make them rich. Instead, they've now lost 89% of their DJT investment.

Wouldn't this be what Trump would call a "con job" or a "scam"?

[thegoodmorningman]

Good Morning!!! Trust The Science!!!

[hale-my-nathan]

Trump Weird News-"Embarrassing" UN Speech-Who "Going To Hell"?

[dreaminginthedeepsouth]

Oliver focused on Medicare Advantage, a partially private-sector alternative to the traditional government-funded Medicare, covering hospital stays, doctor visits and drugs, while offering extra benefits like dental and vision coverage or debit cards to help pay grocery bills.

“It’s pretty appealing on the surface,” said Oliver, as the up-front costs are low. But the host, of course, looked into the hidden drawbacks – for one, the plans come at an inflated cost to taxpayers, “which is a bit weird, as a big part of the argument for creating this system over two decades ago was that bringing in private insurance could help control costs.

“The whole argument was that this would expand choice, and companies would do a better job at controlling costs than the government,” he explained. “And look, some things are better when the private sector is involved. Take novelty slippers – only through competition in the free market do you get innovations like hairy feet slippers, creepy Marge Simpson slippers, Sigmund Freud slippers.

“But sadly, the private sector hasn’t done as well with Medicare as it has with slippers, because these plans have never saved the government money.” A Medpac report from last year estimated that Medicare Advantage had cost the government an extra $591bn over 18 years, partly because major companies involved need to make profits for their investors.

One way to inflate profits is to bill for more serious conditions or complications than a patient actually has, so that the government pays a higher rate. “And while insurers will claim they’re just being thorough,” said Oliver, “they’ve been repeatedly accused of essentially pulling a Munchausen by paperwork.” In 2022, the New York Times found that eight of the 10 biggest Medicare Advantage insurers had submitted inflated bills, according to federal audits. Four of the five largest payers had faced federal lawsuits alleging that efforts to overdiagnose patients had crossed the line into fraud.

Oliver cited one example from the company Independent Health, in which a woman from one of their Medicare Advantage plans was coded for prostate cancer because, according to internal emails, “when a married couple has any disease, both were assigned to that disease.”

“Which is both ridiculous and also, kinda romantic,” said Oliver. (Independent Health did not admit liability, but did pay $98m to settle a False Claims Act suit from the government – “you know, the exact kinda thing you do when you’re not liable for something,” Oliver joked.)

And while these plans aren’t good for taxpayers, Oliver argued that they weren’t good for patients, either, as providers fall out of network easily, leading to huge bills; some areas don’t have any in-network providers at all. And when someone does find a provider, they may be hampered by “prior authorization” – a potentially grueling and expensive process of approval to even see the provider in the first place.

“The thing is, delaying, underpaying or denying care doesn’t just hurt patients; it hurts hospitals, too, particularly in rural areas,” said Oliver, as those hospitals do not have the time or resources to constantly appeal decisions that deny reimbursement.

“When you take all this together, you get a system where the incentives are clearly set up for insurance companies to make you look as sick as possible on paper, while doing as little as possible to help you when you actually need it,” he summarized.

What can be done? As Oliver had said many times before, “so many of these problems go away if we had single-payer healthcare. We could get closer to that by making regular Medicare more expansive and easier to navigate, and getting rid of that 20% gap in coverage. But at the very least, we should be calling Medicare Advantage by a different name, and ideally one without the term Medicare anywhere near it,” because “they’re just not the same”.

At the policy level, with TV doctor Mehmet Oz in charge of Medicare, “for now, we’re kind of fucked,” Oliver concluded. But in the meantime, he cautioned viewers considering these plans to call their state health insurance assistance programs for independent advice, and to “at least understand the drawbacks of Medicare Advantage”.

[via "The Guardian"]

[tilbageidanmark]

The Woodcutter and the Trees

[robby-bobby-tommy]

Guys, why are we ignoring the fact that WheelJack literally choked/broke someone's neck with his thighs??

My man didn't even hesitate, he just did. The one question I have is how? Like I don't know if Cybertronians (sorry if I misspelled) have muscles or what muscles do they have, but it is hell of a power you must have to do so. And he did it so calmly like it was nothing unusual.

[tfp-is-prime]

Transformers: Prime Season 1, Episode 8: "Con Job" Original Airdate: February 25, 2011 2023 TFP Rerun Date: February 25, 2024 [Watch on YouTube] Synopsis, courtesy of Apple: Bulkhead eagerly anticipates a visit from his old friend Wheeljack, but when his buddy arrives, things are not as they seem....