Remember when Trump was first elected, and his awful behavior and scandals led to the first hotel branded with his name to pry the letters off the side?

And then the next, and then the next…

It’s been an open secret for a long time that Trump is toxic to be associated with, and that he’s terrible at managing his own brand(s) because of it. Trump University failed, Trump steaks failed, Trump Vodka failed — he even bankrupted a few casinos. Like, you have to TRY to bankrupt a casino. You have to be spectacularly bad.

But since he went public with his social media platform, Truth Social, stock prices for his latest brand have been plummeting. I’m not sure why anyone’s surprised.

When Biden joined Truth Social as a jab at The Former Guy, as Joe calls him, he had more followers on Trump’s own platform overnight than 45 himself.

In one of their most recent X posts, “Biden-Harris HQ,” the official social media account for President Biden’s reelection campaign, they called out the precipitous drop in value for Truth Social.

Their post said, “If Trump’s stock in his Truth Social company drops any lower, he might do better under my tax plan than his.”

And of COURSE, because he is so incredibly good at business, Trump hired disgraced former Congressman Devin Nunes to be his CEO for Trump Media and Technology Group (TMTG), which trades under the initials “DJT,” of course.

Nunes caught wind of the Biden-Harris HQ post and decided to respond:

“Is it possible Biden is colluding with his Investment Banker buddies to create another BLOODBATH???” All-caps word and extra punctuation his.

Really, Devin? Are you really trying to blame one of the most successful lawmakers of all time — the guy who got unemployment under 4% for two years in a row for the first time since the 60’s — for Trump’s doomed outing trying his hand at competing with Twitter, Facebook, YouTube, and other social media giants?

That’s a bit of a stretch, Dev.

In fact, it’s incredible to me, the way Republicans in general seem to want to call Biden incompetent, and then attribute complex schemes to him, as though he’s some kind of mastermind.

See the messages here:

And then Nunes proved he truly has no shame, and went on Newsmax to accuse Biden of conspiring with Wall Street bankers to screw him over.

Trump Media CEO Devin Nunes says he has hundreds of thousands of smaller MAGA investors in Trump Media, and they are calling him asking why the stock is tanking, so he filed a complaint with the SEC and says Biden is conspiring with Wall Street bankers to screw him. pic.twitter.com/ZxTEmxeN0J

— Ron Filipkowski (@RonFilipkowski) April 20, 2024