Intro

Chapter One

Chapter Two

Chapter Three

Post Show Musings

He did it again. The Donald pulled off yet another miracle by taking his (failing) social media platform public. The deal had been in the works for a while and looked DOA last year. But it was revived recently and when it hit the Nasdaq this week it added billions to Trump's net worth and gave him an immediate cash infusion that will likely prevent him having to sell assets to make the (reduced) bond in his civil fraud case. The wealthy in this country truly operate under different rules. The mechanism Trump used to take a losing company public quickly and with relative ease compared to normal IPOs is called a SPAC, or Special Purpose Acquisition Company. SPACs gained a lot of attention a few years back before basically imploding as regulators frowned upon them and investments fizzled. As quickly as they gained prominence, they flamed out and were basically revealed to be scams. But it didn't stop the biggest SCAM artist in the world from packaging up his SCAM social media platform inside a SCAM financial vehicle. God bless 'Murica.

Chapters

Intro: 00:00:38

Chapter One: 00:07:01

Chapter Two: 00:17:57

Chapter Three: 00:26:44

Post Show Musings: 00:26:$4

Resources

New York Times: Why Only One Top Banker Went to Jail for the Financial Crisis

Morningstar: How to Lose Money: Buy Digital World Acquisition Corp.

SPACInsider: Benessere Capital Acquisition Corp. (BENE) to Liquidate Trust

SPAC Insider: Executive Drama at Digital World Acquisition Corp. (DWAC) Provides New Source of Risk

Financial Review: Meet the Brazilian ‘prince’, Luiz Philippe de Orléans e Braganza, backing Donald Trump’s media venture

Investment Adviser Public Disclosure: Brian C. Shevland

CBS News: Trump's Truth Social is losing money and has scant sales. Yet it could trade at a $5 billion value.

Mizuho Insights: The SPAC Roller Coaster – Is a Renaissance Coming?

Fast Company: DWAC says Truth Social won't be profitable 'for the foreseeable future' as investors eye risky SPAC merger

Bloomberg Law: SEC Imposes New Rules on Blank-Check Deals as SPACs Fizzle (3)

US News: What Is a SPAC? 6 Best SPACs to Invest In

Yahoo Finance: Chamath Palihapitiya’s Crumbling SPAC Empire: Where His Top 5 Deals Are Today

Casetext: Shevland v. Orlando, 629 F. Supp. 3d 1252

--

If you like the pod version of #UNFTR, make sure to check out the video version on YouTube where Max shows his beautiful face! www.youtube.com/@UNFTR

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Check out the UNFTR Pod Love playlist on Spotify: spoti.fi/3yzIlUP.

Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations.

Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.

Unf*cking the Republic® is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com) and Hold Fast (holdfastband.com). The show is written and hosted by Max and distributed by 99.

Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, "Unf*cking the Republic®."

He did it again. The Donald pulled off yet another miracle by taking his (failing) social media platform public. The deal had been in the works for a while and looked DOA last year. But it was revived recently and when it hit the Nasdaq this week it added billions to Trump's net worth and gave him an immediate cash infusion that will likely prevent him having to sell assets to make the (reduced) bond in his civil fraud case. The wealthy in this country truly operate under different rules. The mechanism Trump used to take a losing company public quickly and with relative ease compared to normal IPOs is called a SPAC, or Special Purpose Acquisition Company. SPACs gained a lot of attention a few years back before basically imploding as regulators frowned upon them and investments fizzled. As quickly as they gained prominence, they flamed out and were basically revealed to be scams. But it didn't stop the biggest SCAM artist in the world from packaging up his SCAM social media platform inside a SCAM financial vehicle. God bless 'Murica.
Chapters
Intro: 00:00:38
Chapter One: 00:07:01
Chapter Two: 00:17:57
Chapter Three: 00:26:44
Post Show Musings: 00:26:$4
Resources
New York Times: <a href="https://www.nytimes.com/2014/05/04/magazine/only-one-top-banker-jail-financial-crisis.html">Why Only One Top Banker Went to Jail for the Financial Crisis</a>
Morningstar: <a href="https://www.morningstar.com/stocks/how-lose-money-buy-digital-world-acquisition-corp">How to Lose Money: Buy Digital World Acquisition Corp.</a>
SPACInsider: <a href="https://www.spacinsider.com/news/mhaddad/benessere-acquisition-corp-to-liquidate-trust">Benessere Capital Acquisition Corp. (BENE) to Liquidate Trust</a>
SPAC Insider: <a href="https://www.spacinsider.com/news/uncategorized/executive-drama-at-digital-world-dwac-provides-new-risks">Executive Drama at Digital World Acquisition Corp. (DWAC) Provides New Source of Risk</a> 
Financial Review: <a href="https://www.afr.com/companies/media-and-marketing/meet-the-brazilian-prince-backing-trump-s-media-venture-20211024-p592md">Meet the Brazilian ‘prince’, Luiz Philippe de Orléans e Braganza, backing Donald Trump’s media venture</a> 
Investment Adviser Public Disclosure: <a href="https://adviserinfo.sec.gov/individual/summary/4570496">Brian C. Shevland</a>
CBS News: <a href="https://www.cbsnews.com/news/trump-truth-social-spac-stock-value-djt/">Trump's Truth Social is losing money and has scant sales. Yet it could trade at a $5 billion value.</a>
Mizuho Insights: <a href="https://www.mizuhogroup.com/americas/beyond-the-obvious/markets-mindset/the-spac-roller-coaster---is-a-renaissance-coming.html">The SPAC Roller Coaster – Is a Renaissance Coming?</a>
Fast Company: <a href="https://www.fastcompany.com/91068535/truth-social-profit-dwac-stock-merger-date-nears-spac-risky-track-record">DWAC says Truth Social won't be profitable 'for the foreseeable future' as investors eye risky SPAC merger</a>
Bloomberg Law: <a href="https://news.bloomberglaw.com/mergers-and-acquisitions/sec-to-impose-tougher-rules-on-blank-check-deals-as-spacs-fizzle">SEC Imposes New Rules on Blank-Check Deals as SPACs Fizzle (3)</a>
US News: <a href="https://money.usnews.com/investing/investing-101/slideshows/what-is-a-spac-best-spacs-to-buy">What Is a SPAC? 6 Best SPACs to Invest In</a>
Yahoo Finance: <a href="https://finance.yahoo.com/news/chamath-palihapitiya-crumbling-spac-empire-100748788.html">Chamath Palihapitiya’s Crumbling SPAC Empire: Where His Top 5 Deals Are Today</a> 
Casetext: <a href="https://casetext.com/case/shevland-v-orlando">Shevland v. Orlando, 629 F. Supp. 3d 1252</a>
--
If you like the pod version of #UNFTR, make sure to check out the video version on YouTube where Max shows his beautiful face! <a href="https://www.youtube.com/@UNFTR">www.youtube.com/@UNFTR</a>
Please leave us a rating and review on Apple Podcasts: <a href="https://unftr.com/rate">unftr.com/rate</a> and follow us on <a href="https://www.facebook.com/Unfucking-The-Republic-102319714930389">Facebook</a>, <a href="https://twitter.com/unftrpod">Twitter</a> and <a href="https://www.instagram.com/unftrpod/">Instagram</a> at @UNFTRpod. Visit us online at <a href="https://www.unftr.com/">unftr.com</a>.
Join the Unf*cker-run Facebook group: <a href="https://www.facebook.com/groups/2051537518349565">facebook.com/groups/2051537518349565</a>
Buy yourself some Unf*cking Coffee® at <a href="https://shop.unftr.com/">shop.unftr.com</a>.
Subscribe to Unf*cking The Republic® at <a href="https://www.unftr.com/blog#subscribe">unftr.com/blog</a> to get the essays these episode are framed around sent to your inbox every week.
Check out the UNFTR Pod Love playlist on Spotify: <a href="https://open.spotify.com/playlist/1PpzNXBub9FLngMradJByC?si=abaed3d396504fae">spoti.fi/3yzIlUP.</a>
Visit our bookshop.org page at <a href="https://bookshop.org/shop/UNFTRpod">bookshop.org/shop/UNFTRpod</a> to find the full UNFTR book list, and find book recommendations from our Unf*ckers at<a href="https://bookshop.org/lists/unf-cker-book-recommendations"> bookshop.org/lists/unf-cker-book-recommendations</a>.
Access the UNFTR Musicless feed by following the instructions at <a href="https://www.unftr.com/accessibility">unftr.com/accessibility</a>.
Unf*cking the Republic® is produced by 99 and engineered by Manny Faces Media (<a href="https://www.mannyfacesmedia.com">mannyfacesmedia.com</a>). Original music is by Tom McGovern (<a href="http://www.tommcgovern.com/">tommcgovern.com</a>) and Hold Fast (<a href="https://holdfastband.com/">holdfastband.com</a>). The show is written and hosted by Max and distributed by 99.
Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, "Unf*cking the Republic®."

Unf*cking The Republic® (UNFTR) is a series of audio essays on the grand American experiment lovingly curated and presented by a quasi-anonymous political writer. 

Each essay reflects on a singular topic that is generally misunderstood or purposely obfuscated by the so-called “powers that be.” As we know, history is written by the victors and can be perilously manufactured to favor destructive world views. These views become intractably ingrained in the public consciousness and pervert public policy, oftentimes with horrific results. 

As of this podcast’s founding, we find ourselves living in a true kakistocracy. The disconnect between what we believe and what is actually happening below the surface or in plain sight is where this podcast lives. 

Together we’ll upend conventional wisdom, blow up narratives on the left, right and center and use magical devices like facts, logic and reason to explain how exactly we arrived in bizarro America, the funhouse mirror version of what was originally intended. #UNFTR

Unf*cking The Republic® (UNFTR) is a series of audio essays on the grand American experiment lovingly curated and presented by a quasi-anonymous political writer. 
Each essay reflects on a singular topic that is generally misunderstood or purposely obfuscated by the so-called “powers that be.” As we know, history is written by the victors and can be perilously manufactured to favor destructive world views. These views become intractably ingrained in the public consciousness and pervert public policy, oftentimes with horrific results. 
As of this podcast’s founding, we find ourselves living in a true kakistocracy. The disconnect between what we believe and what is actually happening below the surface or in plain sight is where this podcast lives. 
Together we’ll upend conventional wisdom, blow up narratives on the left, right and center and use magical devices like facts, logic and reason to explain how exactly we arrived in bizarro America, the funhouse mirror version of what was originally intended. #UNFTR

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