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'No chance this will ever be successful': MSNBC panel dumps on Truth Social's future

One week into trading on Trump Media & Technology Group Corp. stock led the panel on MSNBC's "Morning Joe" to warn long-term investors they need to avoid the company at all costs because there is no evidence it will ever be successful.

Appearing with co-host Joe Scarborough, MSNBC host Stephanie Ruhle, who came to broadcasting after a successful career on Wall Street, agreed with American businessman Barry Diller who trashed the company during an appearance on CNBC on Thursday.

Appearing on "Squawk Box," Diller told the host, "I mean, it’s ridiculous. The company has no revenue.”

ALSO READ: The overlooked detail in Trump’s Bible sales pitch

“It’s a scam, just like everything he’s [Trump] ever been involved in is some sort of con," the founder of Fox Broadcasting Company continued.

First stating she wished the clip would be shown again on MSNBC, Ruhle stated, "When we're talking about the truth, nobody likes to go on TV and drop a truth-bomb like Barry Diller does. I called Truth Social a fakakta company, whatever word you want."

"This company is absolutely not worth where it's at on paper," she added. "What's happened in the last 24 hours is Donald Trump is now pumping it up on his platform — earlier this week it was funny because he wasn't. His entire universe is talking up his game. Now that he has a public company, he could get himself entangled in huge problems with the SEC."

"It's going to be interesting to see how he plays this," she later added, "I would make one other point: it shows how clever this is. He's not on the board of the company. [JPMorgan Chase CEO] Jamie Dimon cannot come out and pump up his company because they'll come for him. But Donald Trump, who owns 60 percent of the company and is suing his cofounders, is not an officer of the company. He may have found a loophole where he gets all of the upside and none of the downside, a true Trump special."

MSNBC regular Donny Deutsch jumped in to add, "Let me give you one simple reality: advertisers will never advertise on there. There's a reason Fox let Tucker Carlson go. No matter how big their numbers are, they can't get advertisers."

"You will not have advertisers on Truth Social," he reiterated. "Maybe you'll have gold bouillon or eagle statues and pillows and whatnot. Be clear if you're investing in this company, there's no chance this will ever be successful from a revenue point of view."

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'They had to cut her off?': CNN panel busts out laughing at reported drunk Boebert antics

"CNN This Morning" host Kasie Hunt had her panel laughing on Friday morning after CNN's Melania Zanaon reported that an inebriated Rep. Lauren Boebert (R-CO) had to be cut off by servers at a GOP function where she kept bothering Donald Trump.

As Zanona reported, Boebert was singled out for being "overserved" alcoholic beverages at the event while seated at the same table with the former president and also had to be reined in by his security detail.

"It was a Republican event, Donald Trump was headlining, and the server who was coming to bring alcohol refused to bring her any more alcohol because they thought that she was overserved," Zanona recalled. "She also was trying to take pictures with Donald Trump and eventually Donald Trump's security detail stepped in and asked her to stop doing that, according to those who witnessed it that I spoke to."

ALSO READ: Lauren Boebert’s high school has canceled the congresswoman

"Now, Donald Trump still did endorse her, so clearly he wasn't maybe that bothered by this incident, but a Trump endorsement alone is not going to be enough to put her over the finish line. So she is facing a very tough challenge in that June primary," she added.

"So just to be clear, basically," a smirking Hunt interjected, "She went to a fundraiser in New York City with Donald Trump, got so drunk they had to cut her off? And then tried to take repeated pictures with Trump, and then they had to tell her, 'Hey lady like tone it down,' according to the witnesses?"

As the panelists laughed, Zanona replied, "This is how it went down and I want to remind viewers here that this came a few months after she got in trouble and had to apologize for her conduct at a Denver theater where she was watching a performance, a musical performance of Beetlejuice, she got kicked out for vaping and being loud, and there's security footage of it."

"There was much more than vaping," Hunt added to more laughter.

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'No way': CNN host shuts down GOP governor's claims that Trump will 'pivot' to moderation

Gov. Chris Sununu (R-NH) has gone all in for former President Donald Trump following his defeat of former South Carolina Gov. Nikki Haley in the GOP primary — but many of Haley's rank-and-file supporters appear unwilling to follow him, and President Joe Biden is trying to seize on this with a new volley of battleground state advertising.

On CNN Friday, in response to reports of how aggressively the Biden campaign is targeting disaffected Republicans, he told anchor Kate Bolduan that Trump would shortly "pivot" into a more inclusive campaign — and was met with laughter.

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'Ended with a whimper': Rick Wilson dances on grave of No Labels presidential ambitions

Former Republican strategist Rick Wilson on Friday took a victory lap after the centrist organization No Labels announced it would not field a presidential candidate in 2024.

Writing on his Substack page, Wilson acknowledged the theoretical appeal of a centrist party in the United States, but he said that such a candidacy in this year's race would have only been a boon to former President Donald Trump, as it would have split off votes from President Joe Biden.

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'It doesn't look good right now': Ex-RNC chair slams GOP's 2024 election chaos

According to a former chair of the Republican National Committee, the new leadership's allegiance to Donald Trump has led to nothing less than a series of "baffling" decisions which are crippling the party's chances in the crucial 2024 election.

In his column for MSNBC, former RNC head Michael Steele claimed the party has become "blinded" by its allegiance to the former president and has forgotten, or is no longer aware, how elections are won.

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'It’s clear' Aileen Cannon 'is going in a ridiculous direction': retired judge

Judge Aileen Cannon's rulings have baffled and confounded many legal experts over the last year, and at least one retired judge thinks it's time for special counsel Jack Smith to get her booted from the Mar-a-Lago documents case.

In an interview with Politico, retired federal judge Nancy Gertner made the case that Cannon has already done more than enough to disqualify herself from overseeing such an important case.

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'Gonna be a massive problem': Republicans in a panic over Trump's rally dilemma

Donald Trump's legal woes are causing no small amount of concern among Republicans as the 2024 presidential election campaign enters a critical phase — and not because the head of the GOP ticket may soon be a convicted felon.

With the former president about to be tied up with attending court proceedings in Manhattan in his hush money trial that could last for weeks, his ability to traverse the country and hold his rallies will be severely curtailed.

And those rallies — with the attendant media coverage — are key to his fundraising.

Combined with his massive legal bills that are eating up money that should be devoted to getting him re-elected, GOP insiders are privately fretting about a November election where they will be outspent and outgunned.

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'Overserved' Lauren Boebert cut off from booze at Trump fundraiser: CNN

Multiple sources have told CNN's Melanie Zanona that Rep. Lauren Boebert (R-CO) appeared to be so inebriated at a fundraiser late last year that servers refused to give her any additional booze.

According to the CNN report, Boebert was attending a fundraiser in Manhattan in December when a server determined that she had been "overserved" and "would not bring her any more alcohol."

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‘Let’s talk about the Nazis’: Republican opposing paramilitary activity bill under fire

Republican state lawmaker Laurel Libby stood up on the Maine House floor to support the Second Amendment rights and right of freedom of association of neo-Nazis in the Pine Tree State. Rep. Libby, strongly opposing a bill that would place a ban on paramilitary activity or groups working to cause civil disorder, on Wednesday called the legislation "unconstitutional." 26 states currently have similar laws.

Neo-Nazi groups have been popping up in Maine. The bill Libby spoke against was in response to neo-Nazi events and issues over the past year.

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Judge Cannon has Jack Smith in 'legal purgatory' and may force his hand: prosecutor

Appearing on MSNBC's "Way Too Early" on Friday morning, Palm Beach County State Attorney Dave Aronberg accused U.S. District Court for the Southern District of Florida Judge Aileen Cannon of trying to protect Donald Trump from being tried for obstruction of justice.

Speaking with host Jonathan Lemire, the Florida prosecutor stated the Trump-appointed judge has plunged special counsel Jack Smith into "legal purgatory" with her latest ruling.

Late Thursday, Cannon denied Trump's bid to use the Presidential Records Act (PRA) as cover for hoarding sensitive government documents at his Mar-a-Lago resort but still left a door open for the former president's lawyers to bring it up again during the trial — which still does not have a start date.

ALSO READ: A criminologist explains why keeping Trump from the White House is all that matters

According to Aronberg, Cannon is giving Smith little room to turn to the 11th Court of Appeals to intercede on his behalf.

After arguing that "Jack Smith is in a bit of a trick box. He wants to essentially call the judge's manager but the judge has to approve it first, and she hasn't done so yet," he was asked by Lemire what is next up for the special counsel.

"You've said the tone of special counsel Smith's filing shows he's right up against the edge, basically he's fed up with what he's heard from this judge and he might even consider going to the 11th Circuit Court and try to push them to remove Judge Cannon from the case. Do we think there's a possibility that could actually happen?" Lemire prompted.

"Judge Cannon has given Jack Smith reason to do so, but it's a high burden to reach," Aronberg replied. "If he thought he could get her removed he would have done so. He may try to file a motion to prevent Donald Trump from using this PRA defense at trial, and thus it wouldn't appear in the jury instructions. We'll see what happens, but then Judge Cannon has to hear the motion and rule on it and she can do a bunch of things to hurt Jack Smith here. He's in a bit of legal purgatory here. He can't really appeal that order so he's going to have to find other means — maybe the motion to recuse the judge is the option he chooses."

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Judge Cannon has 'sword of Damocles' hanging over Jack Smith: expert

U.S. District Judge Aileen Cannon, who is presiding over Donald Trump's classified documents slog of a case, has put special counsel Jack Smith in a tough spot.

Laurence Tribe, while appearing on MSNBC's "The Last Word" with Lawrence O'Donnell, described the predicament Smith is in for as long as Cannon remains on the bench in the case.

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Former TX House speaker claims GOP megadonor said only Christians should be in leadership

Former Texas House Speaker Joe Straus said on Thursday that Midland oil magnate Tim Dunn, one of the state’s most powerful and influential GOP megadonors, once told him that only Christians should hold leadership positions in the lower chamber.

Straus, a Republican who is Jewish, relayed the encounter in an interview with former Texas Tribune CEO Evan Smith at the LBJ School of Public Affairs. It appeared to be the first time Straus publicly confirmed the anecdote, which was first reported by Texas Monthly in a 2018 story that cited “Straus insiders.”

The alleged remarks came at a November 2010 meeting, shortly after Dunn’s political network had targeted many of the Democrats and moderate Republicans who had helped Straus ascend to the speakership the year before. With Straus poised to seek a second term as speaker the following January, he said he asked Dunn to meet in the hopes of finding common ground on “fiscal tax issues.”

But Dunn reportedly demanded that Straus replace “a significant number” of his committee chairs with tea party-aligned lawmakers backed by Dunn’s political advocacy group, Empower Texans. After Straus rebuffed the demand, the two began to talk about social policy, at which point Dunn allegedly said he believed only Christians should hold leadership posts.

“It was a pretty unsatisfactory meeting,” Straus said Thursday. “We never met again.”

Dunn did not immediately respond to a request for comment.

Straus’ confirmation of the comments comes as Dunn’s political empire continues to face scrutiny for its ties to avowed white supremacists and antisemites. In October, The Texas Tribune reported that Jonathan Stickland, the then-leader of Dunn’s most powerful political action committee, hosted prominent white supremacist and Adolf Hitler admirer Nick Fuentes at his office for nearly seven hours. The Tribune subsequently uncovered close ties between numerous other Fuentes associates and Defend Texas Liberty, the PAC that Stickland led until he was quietly replaced last year.

The reporting prompted Speaker Dade Phelan and 60 other House Republicans to call for the Texas GOP to cut ties with Defend Texas Liberty and Stickland. Dunn has not publicly commented on the matter, though Lt. Gov. Dan Patrick said Dunn “told me unequivocally that it was a serious blunder” for Stickland to meet with Fuentes. Patrick added that Dunn had assured him his political action committee and its employees would have no “future contact” with Fuentes.

Late last year, the state party’s executive committee narrowly rejected a ban on associating with Holocaust deniers, neo-Nazis and antisemites — which some members said could create a slippery slope and complicate the party’s relationship with donors or candidates. After outcry, the Texas GOP’s executive committee passed a significantly watered-down version of the resolution earlier this year.

At the time of his alleged remarks to Straus, Dunn was a lesser-known political entity, using groups such as Empower Texans to push for libertarian economic policy and help fund the state’s nascent tea party movement. Groups and lawmakers backed by Dunn had been particularly critical of Straus, frequently attacking him as a weak conservative — a claim they’ve made against each of Straus’ successors, including Phelan.

Since then, Dunn’s influence on state politics has steadily grown. He and another West Texas billionaire, Farris Wilks, have poured tens of millions of dollars into far-right candidates and movements who have incrementally pulled the Texas GOP and Legislature toward their hardline, anti-LGBTQ+ and immigration stances. Dunn's allies have meanwhile pushed back against claims that he is antisemitic or adheres to Christian nationalism, which argues that America's founding was God-ordained and that its institutions and laws should thus favor their brand of ultraconservative Christianity.

Even after the Tribune’s reporting sparked a wave of backlash, Dunn emerged from last month’s primary perhaps stronger than ever, after his political network made good on its vows for vengeance against House Republicans who voted to impeach their key state ally, Attorney General Ken Paxton. Nine GOP incumbents were unseated by hardline conservative challengers and eight others, including Phelan, were forced into runoffs — mostly against primary foes backed by Dunn’s network.

The primary also paved the way for the likely passage of legislation that would allow taxpayer money to fund private and religious schools — a key policy goal for a movement that seeks to infuse more Christianity into public life. The push for school vouchers was spearheaded by Gov. Greg Abbott, who spent more than $6 million of his own campaign money to help unseat six anti-voucher Republicans and push four others into runoffs.

Straus, whose decade-long run as speaker overlapped with Abbott’s first term as governor, criticized Abbott’s spending blitz to take out fellow GOP lawmakers. He also accused Abbott of falsely portraying members as weak on border security even after they voted for the GOP’s entire slate of border legislation last year, pointing to Abbott’s ads attacking state Rep. Steve Allison, Straus’ successor in his San Antonio district.

“It’s too bad the governor took on all these members who are 99% with him,” Straus said.

Abbott has called the results “an unmistakable message from voters” in support of school vouchers. He recently said the House was two votes away from a clear pro-voucher majority and urged supporters to “redouble our efforts” during the runoffs.

Straus argued Abbott’s move to unseat anti-voucher incumbents “showed more frustration than political courage,” citing the governor’s failure to pass a voucher measure during the spring regular session and multiple special sessions.

“Persuasion failed, so he took on retribution,” Straus said. “I think it’s really unfortunate, and I think it just further diminishes the work of the Legislature and our state government.”

Abbott's campaign did not immediately respond to a request for comment.

Straus, who served in the House from 2005 to 2019, announced he would not seek reelection in the fall of 2017, after concluding a months-long feud with Patrick over a bill that would have regulated which bathrooms transgender Texans could use. Straus opposed the measure, which never made it through the House.

Since Straus’ retirement, the Legislature has passed laws barring transgender minors from accessing puberty blockers and hormone therapies and restricting which sports teams transgender student athletes can join.

Straus said the array of recent laws aimed at LGBTQ+ Texans have left the community “borderline persecuted.”

“Where's the humanity in that? And why is it such an obsession?” Straus said. “Time and time again, they try to find some niche thing they think will play well in the primary when, in my view, it's rooted in just plain indecency.”

Straus largely demurred when asked to assess Phelan’s performance as speaker, quipping that he “really didn't appreciate former members pontificating about whether I was good or bad” during his run as speaker. He said Phelan has generally been a good speaker, though when asked if Phelan made the right move to impeach Paxton, Straus said, “history has made that questionable,” citing the primary results.

Still, he argued that it remains to be seen how the House will change next session, even with its apparent shift to the right last month and calls from hardline House members to align more with Patrick and the Senate.

"In my experience, the House has never been easily tamed," Straus said after the LBJ School interview. "And I think that if I were a betting man, I would bet that the House will want to protect its independence, that it'll want to protect its institution."

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Legal analysts sharply divided as they predict Jack Smith's next move in Trump's docs case

Legal experts on Thursday attempted to predict Special Counsel Jack Smith's next move in Donald Trump's criminal case over classified documents. They were sharply divided.

Smith has had numerous confrontations with the jurist overseeing the federal case in Florida, Judge Aileen Cannon, including recently calling her out to decide on the merits Trump's arguments based on the Presidential Records Act. Cannon denied that order and ruled that the PRA doesn't do away with the case completely, but left an opening for presenting the argument to a jury during the process of selection.

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