Morning Wire

Trump Org. Guilty & Oscar Film Flops | 12.10.22

Dec 10, 2022
The Trump Organization is found guilty of tax fraud, raising questions about its implications for the former President. Meanwhile, entrepreneurs launch a new patriotic bank that aims to protect financial freedom. On the film front, the latest Oscar nominations struggle to resonate with audiences, as box office numbers take a hit. The disconnect between Oscar contenders and mainstream preferences is highlighted, emphasizing the growing influence of streaming services on the cinematic landscape.
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INSIGHT

Trump Org. Conviction

  • The Trump Organization was found guilty of tax fraud, but this is unlikely to severely impact Trump.
  • He has a history of legal challenges and often uses them to his political advantage.
ANECDOTE

Old Glory Bank

  • Governments and banking institutions are increasingly freezing citizens' assets for political reasons.
  • John Rich discusses the creation of Old Glory Bank, a patriot-friendly bank, as a response to this threat.
INSIGHT

Oscar Bait Flops

  • Hollywood's Oscar contenders are performing poorly at the box office, making less than $10 million each.
  • This might be due to pandemic effects, changing viewing habits, and the films' content.
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