Trump’s Crypto Is Crushing MAGA’s Pocketbook
gizmodo.com
The meme coin launched by the President-elect on January 18, just two days before his return to the White House, has lost more than half its value in less than five months.

The meme coin launched by Donald Trump on January 18, just two days before his return to the White House, has lost more than half its value in less than five months.

    • tal@lemmy.todayEnglish
      9·
      2 days ago

      He’s got that prosperity gospel woman on staff, Paula White.

      https://www.newsweek.com/trumps-spiritual-adviser-paula-white-warns-christians-give-church-before-paying-their-1487867

      Televangelist Paula White told members of the congregation at King Jesus Ministry’s Supernatural Ministry School last Friday in Miami that she was able to rise from “trailer trash” to a job in Trump’s White House because “God kept opening doors” for her. But according to Mother Jones, White said much of her transformation was owed to tithe-paying churchgoers and TV viewers who put God before their own financial needs. White cautioned congregants not to pay their one-tenth income tithes to their church with “leftovers” from what they didn’t have to spend on mortgages, electricity and other mundane bills.

      “So let’s just say I get paid $1,000 and I pay my mortgage first or I pay, what’s the electric company here? FPL. I pay FPL first instead of bringing the first tenth to the house of God every week, which clearly is instructed throughout the word of God,” White said last week, referring to the Florida Power & Light Company.

      “Then what I’m saying is, 'FPL I just made you chief. I just made you fundamental. I just made you the basis to support all structure. So FPL, heal my child. Find my children that are lost. FPL, open the door for me to get a promotion. FPL, I serve you. I honor you to redeem off of me the curse that is upon all mankind. Because you have just made FPL the first - because you gave the first $100 to pay your electric bill.”

      I mean, there are people who have dumped their life savings into Trump’s stock or memecoins, but I still feel like White is probably extracting more from her crowd as an average percentage basis of their income.

      • Dagwood222@lemm.ee
        3·
        2 days ago

        To quote the American humorist Kin Hubbard, ‘It ain’t no disgrace to be poor, but might as well be.’ It is in fact a crime for an American to be poor, even though America is a nation of poor. Every other nation has folk traditions of men who were poor but extremely wise and virtuous, and therefore more estimable than anyone with power and gold. No such tales are told by the American poor. They mock themselves and glorify their betters. The meanest eating or drinking establishment, owned by a man who is himself poor, is very likely to have a sign on its wall asking this cruel question: ‘if you’re so smart why ain’t you rich?’ There will also be an American flag no larger than a child’s hand glued to a lollipop stick and flying from the cash register.

        Kurt Vonnegut, in "Slaughterhouse 5’