Trump stands to gain billions… from the merger between TrumpMedia & Tech & the blank-check co [#SPAC] #DWAC, which took the parent company of #TruthSocial public.
But #TrumpMedia almost didn’t make it to the merger after #regulators opened a #securities investigation into it in 2021 & caused the co to burn through cash at an extraordinary rate as it waited…for its IPO.
The situation led TrumpMedia to take emergency #loans, incl’g from an entity called #ESFamilyTrust, which opened an acct w/ #PaxumBank, a small bank registered on the #Caribbean island of #Dominica best known for providing #financial services to the #porn industry.
Adding to the difficulties, no single agency keeps a complete record of all such incidents. But the #attacks they know about have #regulators & other #power experts alarmed:
#Utilities reported 60 incidents they characterized as physical #threats or attacks on major #grid#infrastructure, in addition to 2 #cyberattacks, during the first 3 months of 2023 alone, acc/to mandatory disclosures they filed with the #DOE. That’s more than double the number from the same period last year.…
In 1828 the ‘Fair Play Club’ became the governing body of the #London#PrizeRing with power to employ ‘Regulators’ to keep the integrity of the Ring. #Regulators were paid a Half Guinea & armed with Whips to stop spectators from invading the Ring or disrupting fights
We're not going to bother getting our #submersible#safety-rated because “[t]he vast majority of marine (and aviation) accidents are a result of operator error, not mechanical failure,” is certainly a #novel take on things.
Not perhaps one I would have run with, but they didn't ask me.
For anyone wondering why safety and design is critical for submersibles, at 3800m depth the pressure is around 5400 psi. A #crack or #buckle converts you into a #pink#mist#instantly.
You go to various remote or isolated or primitive parts of the world, and you can definitely find the local equivalent of Billy-Jo Bob's Real Flying Airline, with a #plane that is held together with hopes & dreams, a #pilot who hasn't seen a #license form since 1978 and smells of #booze, and desperate passengers...