So many questions. Is Bolton getting security coverage? Were the black bags filled with documents, computers, or phones? Who is running this operation?
This would seem to be more of an executive branch op (DOJ) than the work of the January 6 committee.
What did the Trump SPAC potentially do wrong? The SPAC may have been rigged, violating the rules around SPACs and how they're supposed to work.
1) SPACs are "special purpose acquisition corporations." Investors put money in. The SPAC then goes out and buys an existing company.
2) A SPAC is *not* supposed to have a deal already pre-locked into place at the time the SPAC goes public and the investors buy in. Otherwise the SPAC would basically be a Trojan horse to sneak some other company onto the public stock market.
3) There have been reports that the "Trump SPAC," Digital World Acquisition Corp. (DWAC) was in touch with Trump's social media arm before DWAC went public -- and basically that the entire deal was rigged.
The judge & parties all agree that the jury may consider lesser charges.
This strongly increases the odds that Rittenhouse will get convicted of something — while reducing odds that he’ll get convicted of murder1 (which were low anyway).
Deeper cut: Rittenhouse’s lawyers are making a bet that their best hope is a sympathetic juror who refuses to convict of anything. So they want to reduce the risk of worst-case scenario of murder1 and a life sentence.
The prosecution is willing to give away murder1 (which was unlikely) in exchange of raising the odds of the murder2-type charges — where the state of mind required is recklessness not intentional planning.
BREAKING - After threats that 10,000 NYPD officers could quit the force over the NYC vaccine mandate, the actual number going on unpaid leave today was 34.
Even the NY Post has to report the actual numbers:
Tesla would not exist without the federal government. Obama bailed them out in 2009. Apparently Musk’s paper fortune is giving him amnesia.
Tesla paid back the loan - great. But the company would likely have gone into bankruptcy without the government extending credit.
And this is to say nothing of all the subsidies for consumers to buy electric cars. Or to build charging stations. Or the govt contracts to Tesla.
This is not some argument that the government created Tesla’s wealth and thus should own it — it’s that the government contributed mightily to that wealth. WE THE PEOPLE paid to support Tesla and now just want Musk to pay his fair share, still a tiny fraction of what he’s made.
Trump has never had the scrutiny of the public stock market. Ever. Until now. Truth Social is an extremely high risk venture — both for him and for anyone crazy enough to invest in it.
Trump will have to make SEC filings for the first time ever. From a guy who is already under investigation for fraud and other misconduct — and had 2 other entities (Trump U, Trump Foundation) prosecuted for fraud.
So the SEC enforcement folks will be watching. Closely.
Trump will also have to deal with Wall Street analysts and commentators nitpicking everything Truth Social does. He’s banking on his own supporters buying the stock, freeing him from what the Street thinks. But they’ll still rip it to shreds if it’s losing money.