Truth Social, the SEC and Democracy - Part 1

Part 1 of 4

If you were fired for lying about your qualifications on a job application, would you then try to re-apply for an even bigger job at that firm? Of course you wouldn’t. And yet Trump is mirroring that same ridiculous situation on a grand scale with surprising support from the SEC (Securities and Exchange Commission) – the regulatory agency charged with protecting the country against financial fraud and misleading information.

Photo by Tingey Injury Law Firm on Unsplash

Despite the fact that New York State recently found the ex-president guilty of massive financial fraud and penalized him to the tune of almost a half billion dollars, the SEC has approved the merger of Trump’s meager Truth Social platform with a shell company designed to take that operation public.

In our next post, learn more about blank-check companies and the deal Trump hopes will be his next gravy train. Read Part 2.

Post submitted by Barbara Holzer, a volunteer with The Union

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