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More than 10 firms pay up to $100k a month for access to Truth Social posts
- amazingamazing 2mo agoEven before this insiders had access to the prez. I am glad this presidency is making very apparent the inherent flaws with the US government.
- acomjean 2mo agoA teleprompter operator was making bets on what the president would say.. And thats just one that got called out. Grift is kind of the new normal sadly. https://arstechnica.com/culture/2026/07/trump-teleprompter-aide-made-100000-betting-on-what-trump-would-say-reports-say/ https://arstechnica.com/culture/2026/07/trump-teleprompter-a... I remember someone getting into trouble for taking a trips in government vehicles. A time when scandal would cause people to stop being in politics...Seems quaint. https://www.latimes.com/archives/la-xpm-1991-06-23-mn-2062-story.html https://www.latimes.com/archives/la-xpm-1991-06-23-mn-2062-s...
- spiderfarmer 2mo agoWhat is your point exactly?
- angelhadjiev 2mo ago[dead]
- jdw64 2mo agoI pay a dollar here and there to promote my homepage so people will actually see it. I guess being a president really helps. I wish people would just pay a dollar to read my posts someday
- yourusername 2mo agoIf your posts induce wild swings in the stock market i'll pay a dollar to read them a minute early.
- jdw64 2mo agoI can't swings the stock market, but maybe I could change people's values...? That's too bad. It's a little sad to think my writing isn't even worth a dollar, haha.
- pixel_popping 2mo agoThen improve it :)
- coreyh14444 2mo agoThe most corrupt US administration in history and it isn't even close.
- eterm 2mo agoIt is completely unimaginable in comparison to previous administrations. Pre-trump, even just pre-2025 Trump, this would read like a parody of corruption.
- jdw64 2mo agoWho knows? Maybe we'll see a new 'worst in history' every year from now on
- HumblyTossed 2mo agoIt's possible. The ultra-wealthy now have a blue print to follow.
- raincole 2mo agoAnd the least corrupt US administration from now on.
- kubafu 2mo agoOfficial "insider-knowledge-as-a-service". No surprise who the first clients are.
- Toutouxc 2mo agoInsider trading as a service. No one is going to take the US seriously for the next 50 years.
- Waterluvian 2mo agoOr possibly ever again. Eras like this one can be what kills an empire/great power. I think one of the greater risks to a power like the U.S. is getting old enough where it's felt like things always were, and therefore always will be. When there is no-longer a grandparent at the dinner table who can even tell you when his grandparent at the dinner table spoke about the before times.
- rubyfan 2mo agoRight, the fact that the current administration had a 4 year hiatus only extended this period. Think about all the young people that grew up with this as normal.
- reactordev 2mo agoReinforced by the Parnas', Lambert's, Kirk's and Loomer's on TikTok. Ready to vote in the next midterms. Thinking 9/11 was an inside job...
- flossly 2mo agoSorry, as an outsider, I think it has been a clown show for much longer. The whole Hunter corruption scandal in Ukraine + the laptop made it quite clear to me back then. And I can go on.
- blini-kot 2mo agoyep, they have a hard time grasping the fact that its been the same for the past 40-60 years the only exception now is not the corrupt administration, but the one being the most inept and blatant at being corrupt as opposed to its predecessors
- morkalork 2mo ago$100k seems cheap for the potential front running
- InsideOutSanta 2mo agoThe amount of money you can make with this only depends on how much money you already have.
- criddell 2mo agoEven if the front running fails, it's a cheap way to raise your profile with the president. I bet if you are paying $100k / month, your chances of the president taking your call go way up.
- podgietaru 2mo agoA bribe.
- micw 2mo agoWhy is this not being stopped by us jurisdiction? Or at least why does the rest of the world does not decouple from those markets?
- jasonjayr 2mo agoHint: You will never see the folks enforcing action against this platform and the folks using and posting on the platform in the same room.
- bamboozled 2mo agoThey are decoupling, it's just if you just do it quietly.
- mapt 2mo agoA video has been going around pointing out one of the consequences of the Strait of Hormuz closure. Over the past few years, China has quietly purchased more than a billion barrels of oil from Russia and Iran at a discount in CNY rather than USD, pushing it into newly created strategic stockpiles that would be necessary for closure of a different Strait. After putting a strategic foot on the neck of refined product exports, they are now functionally acting as the largest part of the world's crude reserves, smoothing demand so that the global price does not spike and crash the global economy & global trade. If China was to keep up its normal buying cycle over the past few months, we would have easily seen >$200 oil. Instead, oil is a third that, and it's not even the limiting factor - refinery output drops on diesel from Ukraine's Kinetic Sanctions campaign are having a more significant bottleneck on petrochemicals right now than Hormuz. https://www.youtube.com/watch?v=BkA0bkb6ZO0 https://www.youtube.com/watch?v=BkA0bkb6ZO0 Say what you like about the motivation, this is a form of global leadership of the sort that America used to specialize in, and every drop of oil traded in CNY rather than "The Petrodollar" weakens the USD as the anchor currency.
- owebmaster 2mo agoThe answer is simple: the US is corrupt.
- TrackerFF 2mo agoWhy would anyone want to pay that much for something, unless it gives them some edge. I don't know if it is still a thing, but in the world of penny stocks and crypto there used to be subscription pump and dump channels, where influencers would charge $x / month, and coordinate pumps. "Signal" channels, as they were named. This can't be too different. If not even more straight forward insider stuff. Either that, or it is just another way to bribe your way closer to Trump. Business idea for Trump: Sell access to his Truth Social posts, but bake in some latency. Those that pay most, will get to see the posts first (via API). Then after X minutes of posting the posts will go live for everyone to see. How fast you want to see the post between publishing and public access, depends on how much you want to pay. The less latency, the more you need to pay.
- DougN7 2mo agoI’m sure you could make a ton of money on oil if you had a 30 minute heads up about whether Trump was going to bomb Iran or not on any given day.
- salomonk_mur 2mo agoA 1 second head start is good enough.
- 101008 2mo agoCompletely ignorant here, and I don't want to ask an AI (I don't trust them on these issues). Could you give me an example how you can make money with this information? Again, question as someone who doens't live in the US so I am not used how you can profit from this. I guess it may be because a war may impact the market and you can invest (or the opposite) with this, but in my mind bombing Iran wouldn't move the market by much (the consequences would, but by then everyone is on the same page). Thank you!
- tstenner 2mo agoTrump bombs Iran -> oil price goes up. You buy oil futures before the bombing and get the price difference paid out.
- ImHereToVote 2mo agoI don't think anyone would have predicted that Karl Marx would ever end up being as vindicated as he turned out to be.
- yonaguska 2mo agohuh?
- AndrewAndrewsen 2mo agoRead Marx, he predicted so many things that would happen during the late stage capitalism phase.
- cassepipe 2mo agoAnd yet he gave us nothing in terms of what alternative economic would look like apart from a "a free association of workers" or something. Turns out it's a hard problem.
- ImHereToVote 2mo agoMarx couldn't probably come up with a solution in the 19th century. That was far too early. Luckily Deng appeared with the solution.
- ben_w 2mo agoFrom my read of the Manifesto… while I may not have been impressed by the writing, that is from my perspective over 150 years later. We got a lot of the things Marx was calling for. Of the 10 point plan near the end of section 2, we got: - "2. A heavy progressive or graduated income tax." today's rates look "heavy" by the standards of the 1848, even if we've also seen it decline somewhat from the peak. - "3. Abolition of all rights of inheritance." not fully of course, but inheritance tax is absolutely a thing in a way it wasn't in 1848, and was one of the contributors to the decline of country estates in the UK. - "5. Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.", again, clearly not as described, but the central banks do now direct how much credit costs for all the other banks, and financial regulation has changed hugely since then (even if some of this has also been falling away as quickly as the rich think they can get away with it). - "6. Centralisation of the means of communication and transport in the hands of the State." has been on-and-off in the intervening time depending on where and which technology: the Royal Mail/USPS; I'm not quite old enough to remember the end of British Telecoms' monopoly on UK phones. For transport, likewise, depends on the specifics, does the British Highways Agency or American Federal Highway Administration count? Motor vehicles (let alone aircraft) came quite some time after the Manifesto was written, the tech of that era was shipping and canals, railways existed but the big boom hadn't happened yet. British Rail was a nationalised thing when I was young. Deutsche Bahn is still state-owned, but on the other hand British busses are private and I don't know how to think correctly about how British bus routes are run/bid for/regulated. - "7. …; the bringing into cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan." (trimmed a bit I'm not sure about), Superfund site cleanup? - "9. Combination of agriculture with manufacturing industries; …" (trimmed the absolutely-not part), this seems correct, given how industrialised farming is? - "10. Free education for all children in public schools. Abolition of children’s factory labour in its present form. Combination of education with industrial production, &c, &c." - done so hard we don't even want to trade with places that don't do it Remember, the form of capitalism that Marx et al were fighting against was laissez-faire, which basically died with the Great Depression. It's not the form of mixed economics we have today which we still call "capitalism".
- AndrewAndrewsen 2mo agoCapitalism implodes on itself, just as predicted..
- patrickmay 2mo agoThis isn't capitalism, it's pure corruption.
- senectus1 2mo agothats how capitalism implodes... its lives and breathes might makes right and the way to be mightier is to eat competitors and when you run out of competitors you use your might to change the rules. Corruption.
- cassepipe 2mo agoif everything is capitalism, then nothing is capitalism "But one should not succumb to the illusion that with an analysis of the fundamentals of the capitalist mode of production that everything decisive has already been said about capitalist societies" Michael Heinrich, Introduction to the three volumes of Capital
- Planktonne 2mo agoVery much a "true communism has never been tried" way of thinking.
- spiderfarmer 2mo agoCapitalism prescribes a limited role of government, to protect the rights of private citizens and maintain an orderly environment that facilitates proper functioning of markets. This isn’t capitalism, it’s pure unfettered and uncontrolled greed.
- nancyminusone 2mo ago"that wasn't real capitalism" hmm, where have I heard that before?
- grey-area 2mo agoCorruption.
- Aurornis 2mo agoWhen I first heard saw headlines about this I thought it was so outlandish that it couldn’t possibly be real. Yet here we are. It’s amazing how much corruption is occurring for so little money. A million dollars a month is peanuts for such clear graft.
- deleted 2mo ago[deleted]
- arjie 2mo agoI, too, was surprised at this but widespread corruption actually has this effect. As prosecutability goes down, you just move further down the market. In the limit, you pay the President $50 to get out of a $80 parking ticket. He can’t exactly charge you $100k for that privilege. It’s not the market clearing price. Previously he was limited by the enforcement side so the ask price was nowhere near the bid price. Now, prosecution immune, he can access the remainder of the market. I think this is one big reason why bribes are commonplace in India at all levels while they are reserved only for the most profitable of endeavours in the US - enforcement. Consequently, the relative pricing matches that. I suppose one realization is that a corruption index could look at the price of the cheapest government corruption as a proxy for how widespread it is.
- AnimalMuppet 2mo agoTrump Media lost $239 million (IIRC) last year. A million a month isn't going to save them.
- toomuchtodo 2mo agoThere is nothing to save, it is a financial vehicle to funnel dollars to the Trump family and their associates.
- Lendal 2mo agoIf a rival political party takes power in 2029 and they decide to do nothing about this, are they complicit? If the cops drive past a mugging, observe, and then drive on past allowing the law to go unenforced, are they not just as corrupt as the robbers?
- wildrhythms 2mo agoYes
- lotsofpulp 2mo agoRival party is not equivalent to the cops. Even if the rival party were to somehow control all 3 branches of government (which they will not), the voting records show a full 1/3 of American adults outright support this corruption (many of the cops themselves), and another 1/3 are willing to ignore it. If you are in the 1/3 that does care about it, you are not going to have a good time trying to fight the other 1/3, many of whom make up the “law and order” department. So the answer to both questions is a resounding no, because the world is more complicated than a comic book superhero movie.
- s_dev 2mo agoWas the Union army complicit in the crimes of the Confederacy by simply allowing them to drop their arms and walk away as well? The world is complicated and full of nuanced takes depending on context. That said: >If a rival political party takes power in 2029 and they decide to do nothing about this, are they complicit? Like this really does read as: I still blame the Democrats for the crimes of the Republicans. The ultimate authority here is the US voters and they have chosen poorly again and again. They are complicit for sure as they chose both to empower Republicans and tie the hands of the Democrats with impossible standards.
- BryantD 2mo agoYes. That’s a great historical precedent — Reconstruction was a hotly debated topic and the more radical forms would have banned former Confederate soldiers for voting, for example. Many Southern states had military governors imposed by the Federal government. Andrew Johnson pardoned almost all Confederate leaders, didn’t care about freeing slaves, and is one of the worst Presidents in history.
- deleted 2mo ago[deleted]
- koe123 2mo agoCurious: are there any republicans left on HN? I have no concept of how you can defend this
- toomuchtodo 2mo agohttps://www.daynaemcraig.com/narcissistsprayer/ https://www.daynaemcraig.com/narcissistsprayer/ “That didn’t happen. And if it did, it wasn’t that bad. And if it was, that’s not a big deal. And if it is, that’s not my fault. And if it was, I didn’t mean it. And if I did You deserved it.”
- DaSHacka 2mo ago[flagged]
- jazzypants 2mo agoNo one is talking about Fauci here. This kind of whataboutism is frankly disgusting.
- DaSHacka 2mo agoYou ask how Republicans can possibly defend this behavior, I argue both mainstream political parties excuse blatant corruption and borderline evil on a regular basis. If you would self-identify as a Democrat, ask yourself this: How do you feel about the recent Fauci findings, and the fact he needed a pardon to protect him against ever being prosecuted against potential crimes that are now being discussed in a Senate hearing. Then `s/Fauci/Trump` and you'll arrive at your answer for Republicans. I guarantee Trump will copy the template Biden established at the end of his term, and pardon all his cronies and family members on his way out the door in January 2029.
- ratelimitsteve 2mo agoi suspect that, much like the rest of the world, HN has had a sharp increase in people who "don't do politics"
- dayvid 2mo agoIt's not even that much money for the reputational damage. Wild.
- Carrok 2mo agoWhat reputation?
- baggachipz 2mo agoYes because Truth Social and its owner/head troll both had a stellar reputation to begin with.
- someguynamedq 2mo agoReputational damage has not been relevant in US politics for a decade. It simply is not a thing anymore
- ratelimitsteve 2mo agowe've reached the "yes, we're cheating, do something about it" stage of corruption
- mrweasel 2mo agoFunctionally I suppose it's the same thing, but are they paying for access to Truth Social, or early access to Trumps posts? Are there anything else of "value" on Truth Social. I haven't signed up for Truth Social, but is there actually anything else going on, besides Trumps post. Would any company have any reason to be on the platform, if Trump wasn't?
- mapt 2mo agoThey are paying for early access to Trump's posts. The first post they received after this system was turned on, was Trump literally posting "GREEN CANDLES. BEAUTIFUL GREEN CANDLES!!!" This is an informal stock market term for asset values having a good day (or good minute, for that matter), with stock movements measured on a "Candlestick chart". This is a... not an admission, but a brag, that this is in fact an insider trading service, and that people who follow this insider trading service are going to make a lot of money. This is Trump announcing that he has rigged the stock market and you need to buy in right this moment if you want to remain competitive. I am cautiously optimistic about this in some ways? Historically, the one thing you do not do in America is touch the money. There's now a hundred trillion dollars of capital that have an incentive for the lights to go out in the White House and to turn back on with JD Vance in a different seat.
- guywithahat 2mo agoI mean there are a number of politicians on there, as well as a few million active users. Honestly though this all makes sense? Like why wouldn't X do the same thing, it seems like a no brainer. Certain people want the first access to information, and sites like these are where things are posted first. This seems like a logical product to sell if you own a large enough social media site
- tho23u434079 2mo agoI'm surprised this isn't an impeachable offence.
- zparky 2mo agonot like that impacts anything anymore, apparently.
- dole 2mo agoI remember when we gave a shit about "emoluments."
- spiderfarmer 2mo agoIt is. The US is over.
- goatlover 2mo agoThe Republicans still control Congress at least until the new Congress is seated in January. At which point the House may impeach Trump for one of many crimes. But it's unlikely the Senate will have enough votes to convict, even if Democrats also take it back.
- pjc50 2mo agoImpeachment requires a Democrat majority. (for some reason this attracted a downvote? Obviously Republicans are never going to impeach a Republican President? I cannot imagine why you would think they would?)
- techlover14159 2mo agoImpeachment doesn't accomplish much anyway. Conviction in the senate requires 75% votes and that is not happening even if this admin starts concentration camps for opposition.
- usefulcat 2mo agoThe US political system is now so deeply divided along partisan lines that it's increasingly difficult to imagine what "an impeachable offense" would look like. Impeachment requires that many members of Congress are willing to go against a President of their own party, and that doesn't really happen any more, at least not at the scale needed for impeachment. The founders seem to have imagined that Congress (as a whole) would have an adversarial relationship with the President. But they failed to foresee the levels of partisanship we have today which have resulted in ~half of Congress being very closely allied with the President. When the US was less divided, things like ethics or morals or even just not openly breaking the law mattered a lot more. Now, people (at least, the people who vote the most) care more about "is my party in power", and either don't know about or disregard everything else. I include "don't know" because if all you listen to is Fox news and social networks feeding you ideas that you already agree with then you can easily be completely unaware of things like this.
- beams_of_light 2mo agoI think most of us who have lived through many presidents understood that there was a decency required of the holder of the office that acted as the only true limit on their corruption. It's confounding that so many people in the US can't see it for what it is.
- usefulcat 2mo ago> The group is expanding into areas including cryptocurrency holdings and clean-energy investments. Wait, what? Clean energy investments, from the Trump admin? Sounds like a protection racket.
- Arubis 2mo agoEveryone involved should have their ankles broken so we can know them by their walk.
- rvz 2mo agoThe signs of rampant insider trading in the US were there since congress allowed it indirectly with no-one caught, leading to this. Where was the outrage when Pelosi and several members of congress were buying and selling stocks and front-running key legislation being passed that directly affected certain stocks in question? That sort of corruption was largely (and deliberately) ignored. Now we have lead it to the point where corruption like this is allowed because no one was caught in the first place. To quote what Pelosi said herself when asked about this conflict of interest: "We’re a free market economy, They (law makers) should be able to participate in that.” [0] Essentially she has green-lighted said corruption, which she and others (except for AOC) have zero integrity even when both Trump and them are just as corrupt. [0 ]https://www.cnbc.com/2021/12/16/nancy-pelosi-federal-lawmakers-should-be-able-to-trade-stock.html https://www.cnbc.com/2021/12/16/nancy-pelosi-federal-lawmake...
- baggachipz 2mo agoNow that this has proven successful and without recourse, I fully expect Musk to do the same for his tweets on Twitter.
- everfrustrated 2mo agoCan anybody point to a specific example of a Truth post which has broken a law. Hard to understand if this is something actually unlawful or something people don't like.
- arw0n 2mo agoI don't understand how someone can look at this administration and not see how it represents a complete degeneration of democratic values and statutes of good statesmanship. Corruption is not only a moral wrong, a lack thereof is a strong indicator of a healthy, strong country. A head of state massively profitting of their decisions financially to the detriment of the country is the definitions of corruption. Wether it is illegal is irrelevant, morality and legality are orthogonal concepts.
- Alifatisk 2mo agoI mean at this point, no news about what the current US administration is doing is shocking me anymore. I am exhausted. It is what it is at this point, Trump will continue as usual, richer people get richer, republicans will excuse this behaviour and point fingers somewhere else while the rest will continue to suffer. I feel like we are in some sort of endless loop. Trump does something > We react with "ooh no, orange man bad" > Dust settles > Get amnesia and continue our lives > And the cycle repeats
- chermi 2mo agoOn the plus side, now some insider trading is visible for later prosecution. I for one prefer criminal activity to be visible.
- JKCalhoun 2mo agoSo I signed up. I figure if I can get over a hundred people to sign up with me at $1K a month, I pass along the info, they save money, and I profit. Amidoingitrite? <JK, but, wow, what a time we're witnessing.>
- duxup 2mo agoCorruption, plain and simple.
- zombot 2mo agoInsider trading as a service, and conveniently a bribe subscription for the president. Two for the price of one!