You really should read the transcript of the Time magazine interview with Trump. It’s unusual for him to be directly quoted in print without his rhetoric being cleaned up. All through the 2024 campaign I was repeatededly furious at watching Trump deliver some word salad remarks and then see it in print rewritten into sensible sentences. But here is the real Trump:
Why should Americans believe that you respect the free press when you’re restricting access to the White House to some of our colleagues?
Because I do respect the free press, but I don’t respect fake news. I’ll give you an example. CNN and MSDNC, which is MS Now—they changed the name because it does so poorly. But I won the election. I won it handily by massive numbers. I won the popular vote. I won all seven swing states. They said if you won three swing states, I won all seven. I won the counties. It’s very important, 86% popular vote. Everything, and very conclusively, I haven’t had a good story on CNN for years. They’re incapable of being—they’re fake news. Same thing on MS NOW.
In his mind, because he won the election by massive numbers, which he didn’t, any criticism of him is “fake news.” And then later:
I went to Tennessee. The crowd went wild. I went to, yesterday, to Chicago. Got the big golf tent. President’s coming. The crowd went absolutely wild. And I said—I didn’t want to make a big deal out of it but I just said a few words before the guy started playing. They asked me to make a speech. I said, “I’m not going to make a speech. I want to play golf.” But I said to him—I mean, they had to stop the crowd from—they were going crazy, 100%. There was no negative number. Did anybody write anything negative about it? Check it out.
That’s all that’s important to him. The crowd went wild! He can’t possibly be doing anything wrong!
And he says the U.S. is taking a “tremendous” amount of oil out of Venezuela and will soon replenish the strategic reserve. But that depends on what you call “tremendous.” According to Google AI, the U.S. needs 429 million barrels of oil to completely fill the Strategic Petroleum Reserve back to its maximum authorized capacity of 714 million barrels. Also according to Google AI, the U.S. is importing 629,000 barrels per day from Venquela. So I calculate that Venzuelan oil will replensish the reserve in … a while. And that’s only if we don’t take more out. Then it will be … a longer while. I’m not a math whiz.And that’s also assuming that oil from Venezuela is going to the Strategic Reserve, but who knows? Don Jr. and Eric may be selling it on a black market.
In other news — Trump has lost another group that used to love him — the crypto bros. See Trump loses favor with crypto fans who call him out for cashing in by Isaac Arnsdorf at WaPo. (You may hit a paywall with this link, sorry. WaPo is having issues.)
Now the value of those $TRUMP coins has crashed, the U.S. crypto reserve President Donald Trump promised hasn’t amounted to much, and the enthusiasm for Trump in comments and message boards has turned into disappointment and animosity.
Yep. He ripped off his own supporters. And then later,
Among many of the young crypto bros who flocked to Trump’s side in the 2024 campaign, however, the disillusionment is clear.
“What they basically did was a money grab,” said David from South Carolina, a participant in a focus group of independent and moderate 18-to-24-year-olds conducted this year for the Bulwark’s Focus Group podcast. “Why does he need to keep doing it? He’s literally a billionaire. Like, how much more money does he need?”
A bit later,
“I always supported Trump, and he promised that he would be the crypto president,” Pinto said. “I was under the impression that would be for bitcoin — I never thought he would launch his own token.”
“The whole thing is a rug pull,” he added, using crypto slang for a scheme where someone creates a token, hypes it up and then cashes out.
I understand some of these people lost significant amounts of money. I feel bad for them, but grifers gonna grift.
