Not seeing anything on NYT or Washington Post about Trump’s utterly scammy $25 billion (on paper) memecoin windfall The traditional media is so ill-equipped to cover the broken modern world - ThreadSky

willbunch.bsky.social • 36 days ago

Not seeing anything on NYT or Washington Post about Trump’s utterly scammy $25 billion (on paper) memecoin windfall

The traditional media is so ill-equipped to cover the broken modern world

Comments

oldohman.bsky.social•36 days ago

I was a lifelong (decades and decades) NYT subscriber. Had to leave. Then I was a WaPo subscriber for years. Had to leave. I have no idea what they are anymore. Maybe "storytelling"?

noxnooligarchs.bsky.social•35 days ago

Who’s left?

stillkhive.bsky.social•35 days ago

Philadelphia Inquire.

lesliead717.bsky.social•36 days ago

seriously WTF

noxnooligarchs.bsky.social•35 days ago

They must be afraid. Trump now has so much power the owners are afraid to upset him.

cecallihelper.bsky.social•35 days ago

Hoping the EU money regulators are all over it.

propensityforprose.bsky.social•35 days ago

I keep thinking I’m not smart enough to understand what people are doing, and then I come back to the realization that I don’t have a scammer’s brain.

zencker.bsky.social•35 days ago

This is going to be an EPIC rug-pull

tippersnore.bsky.social•36 days ago

They likely know, they just don't want to report on it

dreater.bsky.social•35 days ago

This. A million times this.

These are choices, not incompetence.

darrellemiedia.bsky.social•36 days ago

are their mortgage payments worth telling the truth about him.

that's the dilemma

dianamc.bsky.social•35 days ago

Wow. Just yesterday it was 9 billion.

davidenrich.bsky.social•35 days ago

Hey @willbunch.bsky.social -- this story has been near the top of the @nytimes.com website for more than 5 hours. https://www.nytimes.com/2025/01/18/us/politics/trump-meme-coin-crypto.html

littlegreyrab.bsky.social•35 days ago

Surely this is emoluments..?

wiseatlguy.bsky.social•35 days ago

No, but only because he did this BEFORE the inauguration. Trump is scum.

littlegreyrab.bsky.social•35 days ago

Wow. Ridiculous that it doesn’t apply to candidates-elect or even candidates at all

joe-not2b.bsky.social•35 days ago

He will do similar things after the inauguration. He did last time, with his DC hotel. It was a mechanism for people to give him money by renting overpriced rooms.

horsham.bsky.social•35 days ago

Ok. Now he can’t go any lower. This is the most disgusting thing he has ever done. This country is finished

brodyrocks.bsky.social•35 days ago

Grifters all

povonpitt.bsky.social•35 days ago

Melania’s commemorative inauguration perfume scent will be out soon, Right?

valoisdubins.bsky.social•35 days ago

The headline in the thumbnail is much more anodyne than the article itself.

Does that mean the headline in the article was likely updated?

johnpanzer.com•35 days ago

Original headline, from Wayback Machine: "Trump Begins Selling New Crypto Token, Raising Ethical Concerns"
https://web.archive.org/web/20250118204708/https://www.nytimes.com/2025/01/18/us/politics/trump-meme-coin-crypto.html

valoisdubins.bsky.social•35 days ago

Thanks - so why is the thumbnail headline different? (I’ve seen it happen when headlines are updated)

thcarter123.bsky.social•34 days ago

https://medium.com/@thcarter123/the-old-gray-lady-aint-what-she-used-to-be-a-decade-of-failing-to-persuade-the-new-york-times-to-8c3ab0dcea5e

libdefence.bsky.social•36 days ago

They are not “ill equipped”, they are owned. With the majority of North American media owned by right leaning capitalist groups and equity funds, they cover what they want.

midatlantica.bsky.social•36 days ago

Not ill-equipped. They’re giving him a pass. They’ll blame the victims in the end

americananastasia.bsky.social•35 days ago

Total capitulation and it's only just beginning.

thetimeline.bsky.social•36 days ago

Well, WaPo is too busy ass-kissing at the moment…😖

chilicatsmom.bsky.social•36 days ago

Oh they could, but they chose not to!!

That’s oligarchs for ya. 😎

cptmolo.bsky.social•36 days ago

Trump org can take out loans using their stake as collateral. Theoretically they wouldn’t even have to ever sell

teawithray.bsky.social•35 days ago

That you are still subscribed to NYT or Wash Post is surprising. After last year’s election cycle if you still believe in traditional media, the blame is on you.

vickiecarey.bsky.social•35 days ago

Even IF you saw something on WaPo it would be more like an advertisement endorsing this con. It wouldn't be any kind of fact based review.

stoptnado.bsky.social•35 days ago

Maybe it's better they wait for the rug pull to report on it, instead of promoting the corrupt meme coin.

But I agree it's insane that this level of extreme corruption is ignored.

& shame on Republican SCOTUS.

curiousdan60.bsky.social•36 days ago

I get it. But it’s like wtf is he even going to do with it. He will be orchestrating his clown show and it will go on to his personal clown spawns. The stupid giving money to stupids. …… go on ……

tabney.bsky.social•35 days ago

Larger-than-Life Bronze Trump Statue Unveiled Ahead of Donald Trump’s Inauguration. Sculptor Alan Cottrill’s “Don Colossus” was commissioned by several dozen wealthy crypto-currency investors as a tribute to the president, who they hope will be a friend of the industry.

stickybunny.bsky.social•35 days ago

A week after the shooting, he commissioned a million dollar statue!
Does it have a little bandage on the ear?

alexianortonjones.bsky.social•35 days ago

The Associated Press is brave enough to show father and son both share crazy hair…

blairsandwich.bsky.social•36 days ago

They can't report on it, it is a bribe invitation and they don't want to ruin it.

larry.earth•35 days ago

The Times is horrible and they are failing us in the moment.

And they covered this. It's Eric Lipton. I guess Peter Baker and Haberman refused.

johnpassantino.bsky.social•35 days ago

It’s over. There is no one who relies on the NYT to tell them what’s going on. No one cares. We are in a post-order society. The sooner we figure out how to navigate this world, the better. Complaining about legacy media is not the way.

webrant.bsky.social•36 days ago

They're busy normalizing the end of democracy with a guy whose pen name references gold buggery, the previous time fascists undermined fiat currency with financial scams.

https://bsky.app/profile/willbunch.bsky.social/post/3lfzxfvcgok2w

ewlett.bsky.social•35 days ago

I never again expect the Washington Post to post something negative about Trump. Bezos is all in with Trump. It will be interesting to see what happens with the NYT.

deficit-hawktuah.bsky.social•36 days ago

They would disagree and feel fully equipped to abet Trump

worldsmosthumble.bsky.social•36 days ago

I’m not usually defending the NY Times, but this article listing Trump’s conflicts of interests was published yesterday, and the second item on this list is about Trump’s crypto scam

https://www.nytimes.com/interactive/2025/01/17/us/politics/trump-conflicts-of-interest.html?smid=nytcore-ios-share&referringSource=articleShare

catlady49ers.bsky.social•35 days ago

What idiot would ever invest their money in anything Trump does? 🙄

howard-1931.bsky.social•35 days ago

Not ill-equipped. Unwilling.

redwine59.bsky.social•36 days ago

Yup

jafiny.bsky.social•35 days ago

They’ve had ten years to adjust. They don’t want to.

elusiveapricity.bsky.social•35 days ago

NYT and Washington Post have really embraced their role of serving as Trump's Fifth Column.

maurabv.bsky.social•35 days ago

It’s apparently now $32 billion. Why this isn’t front page/headline news for our so-called “legacy media” right now is why they are sinking into oblivion.

powerfromspace1.bsky.social•35 days ago

Deliberately ill-equipped so the 4th estate can no longer function

aleceuriq.bsky.social•35 days ago

Maybe they think that any additional coverage would just backfire? It would draw attention to the meme, which ultimately is dependent on attention to continue growing.

Truly crazy stuff we are seeing and its day -2.

rosieogrady53.bsky.social•35 days ago

Nope! No more excuses! COMPLICIT & COWARDLY!
Trad/Legacy/MS media is making deliberate decisions every day about everything the report & evrything they won't report.

dennispcrawford.bsky.social•36 days ago

They support Trump. There is the explanation..

politcalmum.bsky.social•34 days ago

They are covering it exactly how they want - there are great journalists today but the media they mostly work for intentionally brought us to where we are today

tenseven.bsky.social•35 days ago

It’s 2025. They’re as equipped as they choose to be.

truthjusticehph.bsky.social•34 days ago

📌

dazegoneby.bsky.social•35 days ago

It's not that they're ill-equipped. They have bent the knee in honor of and service to the new king. I have unsubscribed to both.

subterfugitive.bsky.social•36 days ago

That's a pretty big peanut farm there.

booond.bsky.social•36 days ago

They are broken as well

tphillips21.bsky.social•35 days ago

Complicit, not ill equipped.

majawat.bsky.social•36 days ago

I will look for the front page expose on the Sunday Inquirer. Right?

Right???

faithwilson.bsky.social•36 days ago

jakeaevinger.bsky.social•35 days ago

Coffeezilla always frames these kinds of things well. I don't know much about crypto schemes, but he certainly makes this one seem egregious.

leftinfighter.bsky.social•36 days ago

The gamers mad at Elon for cheating in PoE, and Crypto enthusiasts mad at Trump for doing a shitcoin pump-and-dump present a more formidable force against the Trump presidency than any of the bitches going "Uh, he's a convicted felon!" or "Erm, hope the egg prices were worth it!" ever will.

beccaroob2.bsky.social•35 days ago

Only if they do something more than whine about it 🫤
What actions could they take

leftinfighter.bsky.social•35 days ago

Common lib attacks on Elon can easily be dismissed as people triggered by Elon being anti-woke. But these attacks from niche communities can't be ignored as being motivated by politics, and so can lower Elon's popularity among a wider cross-section of people, until he is fully a liability for Trump.

beccaroob2.bsky.social•35 days ago

It was an honest question 😊
I mean Elon just seems to pull a tantrum if confronted so 🤷‍♀️
I admit I don’t understand that community but I’m not sure I see how popularity matters to them anymore. They’re in power - who cares what the plebes think?

faithwilson.bsky.social•35 days ago

Agree- trump is gone after 4 years and MAGA won’t turn out for anyone else. MAGA is no longer useful. In 2028, the GOP is going to start operation memory hole in an attempt to win back moderates. They’ll act like trump never existed.

leftinfighter.bsky.social•35 days ago

That's not how it works, if the effort to get something Elon wants draws more antipathy and apathy than enthusiasm from Trump's base, they won't expend political capital for it. Ex. Trump moved an event off the anniversary of the Tulsa riots when the backlash exceeded the lib-triggering potential.

faithwilson.bsky.social•35 days ago

Hell hath no fury than the willfully scammed

noxnooligarchs.bsky.social•35 days ago

If they are willing to admit to being suckers.

rhonnie-72.bsky.social•35 days ago

Good. The more people pissed off, the better.

arnsold.bsky.social•35 days ago

https://www.nytimes.com/2025/01/18/us/politics/trump-meme-coin-crypto.html?unlocked_article_code=1.qU4.9z8k.WLx4-tJjpNXI&smid=nytcore-ios-share&referringSource=articleShare

bookjackie.bsky.social•36 days ago

This is not even the first time today I want to scream.

spec-xviii.bsky.social•36 days ago

? Ill equipped ?

Corporate media (& foreign states propaganda) are deadly accurate & purposeful at accomplishing their’ missions .

YOU (& I) ARE their’ MISSIONS!

WE (us) are the targets of the rich & violent few.

rom-sk.bsky.social•36 days ago

How could they? NYT has to save room for the “Best SNL Commercial Parodies”

cnep.bsky.social•35 days ago

They covered it

jmchao.bsky.social•36 days ago

Can’t wait until Alito writes the majority opinion that a memecoin rugpull is an official act that is immune from consequence.

vjablow.bsky.social•36 days ago

Maybe he'll even quote a witch trial judge in his decision--unless that's a legal ritual he reserves only for women . . .

alphadaddybear.bsky.social•35 days ago

They are not I’ll-equipped. They are deliberately ignoring it.

funpo.bsky.social•34 days ago

They are complicit.

andrewsawyou.bsky.social•36 days ago

To be fair, most billionaires wish they had thought of it first.

leftinfighter.bsky.social•36 days ago

Every Dem leader or columnist is too timid to call Trump supporters rubes even when that insult, like 'weird' is impossible for them to shake off.

raindog212.bsky.social•35 days ago

Guessing him trying to save tiktok is yet another distraction from the real grift...gonna be a rough 4 years...hopefully theres still something left at the end of it

212cm.bsky.social•36 days ago

Or they’re in on the scam? Bought and sold.

skinnerboxusa.bsky.social•34 days ago

How so? I keep hearing this, but it's never quite clear how, in the most practical, operational sense, so many educated, trained, experienced career professionals at the "elite" level all suddenly forgot the most fundamental aspects of the job. For YEARS.

Weird, wild stuff.

markbeard.bsky.social•36 days ago

They are well equipped! They just have no will.

fagankara.bsky.social•36 days ago

I’m afraid that’s what will happen now. Just silence from the media.

jersey412-me.bsky.social•35 days ago

Not ill equipped just unwilling

laughingcorvus.bsky.social•35 days ago

not sure if it's 'ill-equipped' any more so much as 'unwilling'

drdoofenschmirtz.bsky.social•36 days ago

WaPo and the NYT are no longer reliable news sources. You really expect basic, let alone Edward R Murrow level reporting from those publications after the last 5-10 years? We’re on our own

galwaygal13.bsky.social•36 days ago

Anyone looking into our apparent Maga senator Fetterman ?

saudades.bsky.social•36 days ago

NYT had to platform Curtis Yarvin first you know

rjlegault.bsky.social•35 days ago

Mendatious Moldbuggery

jdhattin.bsky.social•36 days ago

@starvethemedia.bsky.social

Is what I’m thinking.

blueresistencewv.bsky.social•34 days ago

Does anyone else worry Trump will destroy the dollar and change to crypto? Is that a valid worry?

velvetllama.bsky.social•36 days ago

25 billion!!!!

gtjr.bsky.social•36 days ago

Or they dont want to

bobw2654.bsky.social•35 days ago

Total con PLUS I bet insiders got early warning so insider trading fraud. Blue State AGs need to investigate

froedb.bsky.social•35 days ago

It's unseemly but right now if the rubes want to buy his shitcoin, let em.

It will be when he tries to back crypto with the US Treasury instead of the smoke the crypto bros are blowing up each other's asses about what it's worth that it genuinely matters.

earthfan.bsky.social•35 days ago

And becoming less equipped daily.

chancevought.bsky.social•36 days ago

I think it's more that they just don't care when it comes to Trump. If Hunter Biden launched a memecoin, we would never hear the end of it.

cagg821.bsky.social•35 days ago

Ill equipped or in on it?

bindlestiff.bsky.social•35 days ago

They’re perfectly well-equipped. They just refuse to do it.

weeweex5.bsky.social•35 days ago

Not sure that they’re ill equipped. I think it’s that they made the decision to support trump in everything he does and they’re not going to report anything that portrays him unfavorably. Precisely why they’re circling the drain.

kakistokrat.bsky.social•36 days ago

They are well-equipped in everything except the stomach for it.

notzenyet.bsky.social•36 days ago

They are equipped, they just don’t want to.

elliotghoul.bsky.social•35 days ago

If “we” can figure it out, so can “they.” This is a choice they’re making

The Times has been stumping for fascists for 100 years

msmilack75.bsky.social•35 days ago

Trump doesn't pretend to know the word emolument or hide his attempts to make big money while president

headandarm.bsky.social•35 days ago

Hey if the tech bros take over and run the US as a dictatorship, as Yarvin advocates, does everyone get a Tesla Cybertruck and even cheaper stuff on https://Amazon.com?

lurkymclurk.bsky.social•36 days ago

I dunno if it’s better or worse if he has basically no idea about it as well

ssimms.bsky.social•36 days ago

Memecoin is not even trending on BlueSky. 🙄🤯

spiritequality.bsky.social•36 days ago

25 billion????? Wait what?

begentle.bsky.social•35 days ago

It’s joever

jennuously.bsky.social•35 days ago

Ill equipped and not interested in covering. Most stories still quote tweets only when using social media references. That tells me all I need to know.

dqt.bsky.social•36 days ago

This is what news for “All Americans” means

realbenisons.bsky.social•36 days ago

NYT did do a story on Trump's "conflict of interest *risks*"

I'd say the memecoin looks like a flat-out bribery/extortion scheme, 1st term had emoluments violations but this is far worse

will news outlets keep calling Rs "conservative" after Meta connives w Trump to deplatform them?

realbenisons.bsky.social•36 days ago

meanwhile, @nytimes.com still giving Trump unwarranted presumption of sincere good-faith "belief"

a big part of the point of Jack Smith's report and indictment was that Trump *knew* he lost

but NYT + other outlets don't narrate as if Smith was correct or reliable
https://www.nytimes.com/2025/01/18/us/politics/trump-retribution-list.html

tonyelias.bsky.social•35 days ago

They still don't even know how to talk about Trump. It's like they've accepted that these are all the new norms rather than an absolute break with history.

bluefairyva.bsky.social•35 days ago

Exactly.

repetitiveuser.bsky.social•34 days ago

No, they like him and want to help him and this is a part of it

sbelcaptan.bsky.social•36 days ago

"Park Row," Samuel Fuller Productions, 1952.

sbelcaptan.bsky.social•36 days ago

william-in-nv.bsky.social•35 days ago

Trump Begins Selling New Crypto Token, Raising Ethical Concerns https://www.nytimes.com/2025/01/18/us/politics/trump-meme-coin-crypto.html?smid=nytcore-android-share

doctor-rockso.bsky.social•35 days ago

Lol, "ethical concerns." Stand back everyone, nyt is spitting fire with these hot takes!

erinslick.bsky.social•35 days ago

That implies that they didn’t pick a side. They did. Years ago

looneylaidbackcat.bsky.social•36 days ago

If by "ill-equipped" you mean in Trump's back pocket, I will agree. The level of corruption is staggering..

delilahsez.bsky.social•35 days ago

Monopoly Money.

doclynn.bsky.social•36 days ago

NYT is very busy telling us how popular trump is and how much we are all looking forward to his reign over us. I'm keeping my subscription so I can access puzzles and cooking and books, but the rest is unreadable.

kalkail.bsky.social•36 days ago

At least threaten to cancel so you are only trickling them $52/yr it’s not like subscriptions are funding their reporting anymore.

doclynn.bsky.social•35 days ago

It's a real possibility.

dunplayin.bsky.social•36 days ago

They're not ill-equipped, they're chicken.

mumsymcgillicutty.bsky.social•35 days ago

They are complicit in why we have a broken modern world.

duckduckf.bsky.social•35 days ago

They could, they just don’t want to

efdeal.bsky.social•35 days ago

Traditional media has lost its journalists, people willing to speak truth to power~ the true power of the US, its citizenry. They know only how to keep things on an even keel or, worse, tip the boat in the other direction. NYT's new motto says it all: Keep them entertained and distracted. 🧵

efdeal.bsky.social•35 days ago

Keep fighting, Will. I need you and Trudy Rubin to keep me sane.

aleksnotx.bsky.social•36 days ago

“Critics claim running a meme coin as incoming president may be inappropriate.”

ieb123.bsky.social•35 days ago

Masha Gessen has said as much. It's a whole different can of worms covering authoritarian oligarchic regimes.

seitzbg.salty.house•36 days ago

Uhh they are fully equipped. They’re not on our side.

mikejstarks.bsky.social•35 days ago

☝️

beccaroob2.bsky.social•35 days ago

I think it’s both
Owners: oligarchs or wannabes
Journalists and others: ill equipped and manipulated by Fox News et al so they are now unable to see that you don’t both sides things to find balance they’re supposed to state facts and give context

dladypatriot.bsky.social•36 days ago

blueistheonlyway.bsky.social•35 days ago

They are not ill-equipped. They are corrupt.

joe-not2b.bsky.social•35 days ago

I am old enough to remember when Jimmy Carter wasn't allowed to keep his peanut farm.

hecate66.bsky.social•36 days ago

Are they ill-equipped or complicit?

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