This is probably obvious to many of you. But Donald Trump’s new ‘Truth Social’ media company, formed with a blank check SPAC vehicle, is essentially an open invitation to foreign bribes and payoffs. It’s no surprise the investor list is secret. The one constant in Trump’s business history is that investors get screwed and he walks away unscathed. Given Trump’s political following a social and media venture seems like it could be quite profitable. But most people can succeed with casinos too. Just not Trump. And those were the days of formal investments, prospectuses, business plans, formal commitments. A SPAC is a blank check. Invest now. Find out what you’re investing in later. No one with big money would invest in such an enterprise with the hope of financial returns.

It looks like Donald Trump put his foot down and told Mark Meadows to stop cooperating with the January 6th committee. Is this an effort to get back into Trump’s good graces after the COVID positive test revelation that had Meadows calling his own book “fake news”? Presumably Meadows can now expect an indictment imminently.

Senate Majority Leader Chuck Schumer (D-NY) lit a fire under some of his colleagues today, stating in a letter to colleagues his ongoing expectation that the Senate will pass the Biden administration’s sweeping Build Back Better package via reconciliation “before Christmas.”