If I told you that a stock on the NASDAQ had second quarter revenue of $837,000 and $16.4 million in losses, and a first quarter revenue of $770,000 and $328 million in losses, you would expect that the stock would be a penny stock (less than one dollar a share). That has not happened with Trump Media & Technology Group Corp (DJT), which since it started trading, went to a high of $79.38 a share and is now near its low of $13.55. Although many shareholders will lose money, including those who brought the stock to show their support, Trump will not be one of them. No matter what happens, he will make an enormous amount of money for a company that only matters because he is running for president. His interest is still worth close to two billion dollars. Trump can now sell his stock at any time. If he starts to sell it, it may be a sign that he thinks he is going to lose the election.
This is not the only major money-maker for Trump. He is also using his power and potential to be the next president as part of a family crypto business World Liberty Financial. This was just rolled out last week, a few months before the election. Trump had always been against crypto, including calling it a scam, but now all of a sudden, he is for it. These cash grabs make Hunter Biden’s deals look like a penny ante operation.
Now to my main story. In North Carolina, Mark Robinson, the lieutenant governor, was supported by Trump to run in the Republican Primary as a candidate for governor. There had been some prior comments by Robinson that seemed to be anti-Semitic and were sexist. However, this did not bother Trump, who not only supported him but campaigned with him. Trump said that Robinson was greater than Martin Luther King.
Then there were reports by CNN that relayed comments Robertson had made on an “adult” website ten years ago. Some Republican leaders wanted Robinson to step down. Two of Robinson’s staffers have stepped down.
Robinson is denying that it was him. I do not understand why there is such a problem. If you compare his comments and conduct to Trump, Trump’s are worse - and yet Republicans are sticking with Trump. So why should it matter? I have heard it all the time from many Trump supporters. We do not like the man, but we like his policies. Should that not also apply to Robinson?
Robinson attacked Martin Luther King. Trump mocked Senator John McCain about his being captured.
Robinson referred to himself as a Black Nazi while Trump met with Nazi and racist supporters such as Nick Fuentes. Trump has a history of making racist comments.
Robinson was surfing an adult website and watched adult films while Trump was with an adult film star while married and then tried to cover it up so that he could win the election.
Robinson has a clean criminal record while Trump was convicted of more than thirty felonies, has two pending criminal cases, and one on appeal.
Robinson is finding out what many Trump wannabees with baggage learn the hard way: There are different standards for Trump than for everybody else.
If Robinson thought that Trump would save him, he is mistaken. Trump went to North Carolina and did not even mention his name. Where have you gone, Mr. Robinson, bolting Trump has left and gone away, hey-hey-hey, hey-hey-hey.
Warren S. Hecht is a local attorney. He can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it.
