President Joe Biden ’s reckless decision to abruptly withdraw United States troops from Afghanistan in August 2021 set into motion an unstoppable sequence of events that have made the world a far more dangerous place. From heads of state to the legacy media, people everywhere recognized that the aftershocks of Biden’s catastrophic withdrawal would be felt for years to come. America’s humiliating military retreat had shaken the balance of power across the globe profoundly and irrevocably.
Though Biden placed blame for the chaos that ensued at the hands of the inept Afghan National Army and even on former President Donald Trump , his responsibility was clear. His massive display of weakness and his abdication of duty as the leader of the free world had created a power vacuum. And, well aware of the opportunity this presented, the tyrants of the world joined forces to exploit it.
Within months, Russian President Vladimir Putin began massing troops near the Ukrainian border in preparation for his February 2022 invasion. Shortly before launching his “special military operation,” Putin joined Chinese President Xi Jinping in Beijing for talks where the two announced a “friendship without limits.”
Moreover, in Biden’s zeal to revive the Joint Comprehensive Plan of Action, President Barack Obama’s farcical nuclear deal with Iran, he handed power to that authoritarian regime as well. And on Oct. 7, we saw them flex their muscles in the most depraved display of evil in modern memory.
Sadly, armed conflict in Israel is nothing new. What is new is the deliberate targeting of civilians and the glee of the terrorists who are carrying it out.
In a Sky News interview, conservative commentator Ben Shapiro pointed out that the atrocities committed by Hamas terrorists against Israeli citizens were even worse than those of the Nazis. The Nazis, he noted, at least knew what they were doing was wrong and tried to hide it. The Hamas militants, on the other hand, live-streamed their barbarity on social media.
Hamas is bankrolled by Iran (and to some extent by Qatar). According to Sen. Joni Ernst (R-IA), the terrorist group receives 93% of its funding from Iran. The crippling economic sanctions enacted by the Trump administration had put a serious damper on Iran’s ability to wage a proxy war on Israel. But the Biden administration foolishly turned a blind eye to those restrictions and even lifted $6 billion in sanctions last month, allowing the regime to generate billions of dollars in revenue from oil sales.
Claire Jungman, chief of staff at watchdog group United Against a Nuclear Iran, told the Washington Free Beacon last week that Iran has earned $80 billion from oil sales since Biden took office. “With the resurgence of Iran’s primary revenue source, oil, into play, it’s paramount to recognize the substantial financial leeway they’ve gained through years of relaxed sanctions,” she said. “This surplus not only sustained them but also significantly fortified their proxies.”
To his credit, Biden strongly condemned the Hamas massacre and vowed to stand behind Israel last week. But conspicuously missing from his remarks was any mention of Iran’s complicity.
It took the Wall Street Journal just one day to determine that Iran had helped plan the deadly attack. According to their sources, “Officers of Iran’s Islamic Revolutionary Guard Corps had worked with Hamas since August to devise the air, land, and sea incursions — the most significant breach of Israel’s borders since the 1973 Yom Kippur War.” The report said further that Iranian officials had given “the green light for the assault at a meeting in Beirut” just five days earlier. Still, Biden administration officials refuse to admit the regime’s involvement.
Instead, in his Tuesday address, Biden warned “any country, any organization, anyone thinking of taking advantage of this situation,” that he had just “one word” for them: “Don’t. Don’t.” Unfortunately, he stopped short of telling them what they might expect if they did exploit the tragedy.
Predictably, Biden’s warning fell on deaf ears. On Saturday, Axios reported that Iranian Foreign Minister Hossein Amir-Abdollahian issued a warning of his own via the United Nations. If Israel invades Gaza, he promised that Iran would intervene “either directly or indirectly” through Lebanon-based proxy Hezbollah and it would cause “a huge earthquake.”
Mankind is now staring evil in the face and the times call for strong leadership. Israeli Prime Minister Benjamin Netanyahu inspires confidence. Biden, most definitely, does not. Nothing says “follow me” quite like his declaration — after tripping and nearly falling again — at the Tioga Marine Terminal in Philadelphia on Friday that climate change is the “only existential threat to humanity.”
As wars rage in Ukraine and Israel, and China turns its eyes toward Taiwan, it’s beginning to feel a lot like the 1930s. And where is the U.S. president?
Biden’s unwillingness to acknowledge the truth about Iran, the enemy he and his administration have coddled and enriched in their pursuit of a nuclear deal that the regime will never honor, renders him unfit to serve as commander in chief. As Israel ramps up its response to the atrocities perpetrated by Hamas, the terrorist group funded by Iran, let’s not forget whose blunders brought us here.
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No comments on How Biden screwed up the Middle East
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The number one song today in 1960:
The number one song today in 1964:
The number one song today in 1970:
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Perhaps the most critical question for deciding what the American response should be to the barbarian attack on Israel (“terrorist attack” is too generous) is whether Iran orchestrated it. You will not be surprised to learn that there are two opposite versions being given, one by the Biden State Department/New York Times, and one by journalists at the Wall Street Journal who looked into it.
This is the Times’ account:
The United States has collected multiple pieces of intelligence that show that key Iranian leaders were surprised by the Hamas attack in Israel, information that has fueled U.S. doubts that Iran played a direct role in planning the assault, according to several American officials.
The United States, Israel and key regional allies have not found evidence that Iran directly helped plan the attack, according to the U.S. officials, an Israeli official and another official in the Middle East.
While the U.S. officials would not identify the Iranian officials who expressed surprise at the weekend’s events, they said the Iranian officials were people who typically would be aware of operations involving the Quds Force, Iran’s paramilitary arm that supports and works with proxy forces.
U.S. officials said the intelligence investigation was continuing and could turn up evidence that Iran or other states were directly involved in the Hamas operation. Senior officials said they were keeping an open mind, reviewing old intelligence reports and looking for new information.
This is the one given by the WSJ:
Iranian security officials helped plan Hamas’s Saturday surprise attack on Israel and gave the green light for the assault at a meeting in Beirut last Monday, according to senior members of Hamas and Hezbollah, another Iran-backed militant group.
Officers of Iran’s Islamic Revolutionary Guard Corps had worked with Hamas since August to devise the air, land and sea incursions—the most significant breach of Israel’s borders since the 1973 Yom Kippur War—those people said.
Details of the operation were refined during several meetings in Beirut attended by IRGC officers and representatives of four Iran-backed militant groups, including Hamas, which holds power in Gaza, and Hezbollah, a Shiite militant group and political faction in Lebanon, they said.
U.S. officials say they haven’t seen evidence of Tehran’s involvement. In an interview with CNN that aired Sunday, Secretary of State Antony Blinken said: “We have not yet seen evidence that Iran directed or was behind this particular attack, but there is certainly a long relationship.”
“We don’t have any information at this time to corroborate this account,” said a U.S. official of the meetings.
A European official and an adviser to the Syrian government, however, gave the same account of Iran’s involvement in the lead-up to the attack as the senior Hamas and Hezbollah members.
I doubt Ringside readers will have a hard time figuring out which account is the truth, but it’s worth spelling out anyway.
Ever since Jimmy Carter decided not to impose any price on Iran for its first hostage taking, Democratic administrations (with for the most part an insufficiently different approach by Republican ones) have been, to put it generously, passive. Essentially no price has been exacted. (Loudly announced but largely unenforced oil embargoes don’t count, nor do “sanctions” that accomplish next to nothing or absolutely nothing). Initially I thought this was just because of Carter’s weakness and cowardice, but forty-three years of more-or-less the same supine stance has convinced me there’s something different going on.
Much of the difference was tipped off years ago in the Obama administration, when it came out that our foreign policy leaders had decided to accept if not indeed support Iran as a “regional power,” even while, for PR purposes, occasionally pretending to oppose its sponsorship of worldwide terrorism. This was followed up by the infamous nuclear agreement, in which Iran was allowed to continue to develop The Bomb, only (supposedly) at a slower rate in future years, in exchange for an immediate cash payment of a few billion dollars. (Of course the major pretense was not that we allegedly got a postponed schedule for Iran to become a nuclear power, but that Iran could be trusted to keep any agreement to do anything).
Obama’s understudy, the feckless Joe Biden, isn’t resolute in much anymore, what with creeping senility, but he is resolute in wanting to re-instate this agreement, which fortunately Donald Trump repudiated (much to the Democrats’ anguish). Biden’s minions at the State Department are also resolute in wanting to derail the rapprochement between Israel and Saudi Arabia (and perhaps other Gulf States wisely fearful of Iran). If Iran is found to be behind the barbarian attack — the one that, besides butchering hundreds of Israeli civilians, murdered about two dozen Americans, took others hostage, and beheaded infants, among its other “accomplishments” — Biden’s plans will be harder for him to implement. Sucking up to mere hostage takers is bad enough PR, as Carter found out when he lost in a landslide to “cowboy” Ronald Reagan (a defeat of which Biden and his crew are painfully aware). Sucking up to those who have actually murdered Americans (while desirable to the Left because of its value in debasing America) is that much more problematic on the PR front. Even Jack Smith will probably be unable to bail Biden out of that one, and there aren’t enough deadbeat college students to bail him out either (notwithstanding how much he’s willing to bail them out (with your money)).
What to do?
Easy. The solution is tried and true on the Left: Lie about it. Claim that Iran had nothing to do with it! The mullahs were taken aback, I tell you!!
Now since it’s been known for years that Hamas is little more than the irregular version of Iran’s armed forces, this is going to be a tough one to bring off. Making excuses for Iran has its own cost, standing alone. Making eye-rolling excuses that no sensible person is going to believe will cost that much more. But necessity (the necessity, that is, of cooperating in the humiliation of America while running a presidential campaign) is the mother of invention — not that the Left’s lying about the mullahs could really be called “invention” at this point, as Paul has explained.
So I must confess error. Yes, it looked like the miserable happenstance of Carter’s weakness and cowardice was the initial cause of decades of being humiliated and outplayed by Iran. But that wasn’t really it. Our failure wasn’t due to personality flaws. It was, and it is (and I’m all but certain will continue to be) a choice.
Conservatives have known for a long time that decline is a choice, and in particular the choice the Left has made to bring an evil Amerika its overdue reckoning. The coming humiliation and paralysis in responding to Iran’s guiding role in the abuse and murder of our citizens is simply the most recent exemplar.
As long a Joe Biden is President, get used to it.
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What an appropriate number one single today in 1964:
The number one single today in 1966:
Today in 1971, Rick Nelson was booed at Madison Square Garden in New York when he dared to sing new material at a concert. The reaction to his not singing what the crowd wanted to hear prompted him to write …
If I told you the number one British album today in 1983 was “Genesis,” I would have given you the artist and the title:
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The number one song today in 1957 was the Everly Brothers’ first number one:
The number one British single today in 1960 was a song originally written in German sung by an American:
The number one album today in 1967 is about an event that supposedly took place on my birthday:
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Gavin Newsom is a concerned father. “I really worry about these micro-cults that my kids are in,” California’s governor told Bloomberg’s Brad Stone in an interview this month. “My son is asking me about Andrew Tate, Jordan Peterson. And then immediately he’s talking about Joe Rogan. I’m like, here it is, the pathway.”
Mr. Newsom isn’t alone in his concern about the exploding popularity of online influencers among young men—or in failing to see important distinctions. Some, like Mr. Peterson, offer relatively wholesome life advice on podcasts revolving around health, fitness, personal discipline and career development. Others, like Mr. Tate—who has been charged in Romania with rape, human trafficking and being part of an organized crime ring—peddle a misogynistic brand of pickup artistry. (Mr. Tate has denied the criminal charges and described himself as the victim of a ”witch hunt.”)
What they have in common is that they’re finding a receptive audience among teenage boys and young men with a genuine desire for direction that isn’t being served by the hollowed-out institutions of traditional society. Mainstream institutions and authorities—churches, schools, academia, the media—could learn a few things from the online gurus about how to speak to young men effectively.
Young men today often feel as if their needs are secondary to those of their female peers. Society tends to speak about the well-being of men and boys as a means to an end. There’s a lot of hand-wringing about how a decline in the number of marriageable men makes it harder for women to find husbands. Some argue that male struggles cause a litany of social ills like crime and child neglect. Church leaders justify outreach to men as a way to reach women and children.
By contrast, online men’s influencers seek to help men themselves, to show them how to improve as people and achieve their own goals. To be sure, some of those goals are immoral, such as taking sexual advantage of women. But many are worthy, like health or career success. Online influencers treat men’s hopes and dreams as important in their own right.
Many offer teenage boys an aspirational vision of manhood. Some, like Mr. Peterson, say men are important for the sake of others, but present it as part of a heroic vision of masculinity in which men flourish as well. “You have some vital role to play in the unfolding destiny of the world,” he writes in “12 Rules for Life,” his 2018 bestseller. “You are, therefore, morally obliged to take care of yourself.” Traditional authorities, especially in Protestant churches, talk about men being “servant leaders” but reduce that primarily to self-sacrifice and serving others. Pastors preach sermons wondering why men have so much energy left at the end of the day, or saying men shouldn’t have time for hobbies. No wonder young men tune them out.
Online influencers challenge men to work harder and get better. Former Navy SEAL Jocko Willink encourages his followers to get up at 4:30 a.m. to work out. But they also give practical advice and true if sometimes politically incorrect facts, such as those about the opposite sex. Men’s relationships with women are primal. Nothing enhances these influencers’ credibility like helping young men succeed with women. Teenage boys are hungry for information on what women find attractive. The gurus tell them it’s status, confidence, charisma, appearance and style. That’s the opposite of what they’re used to hearing, which is that women want men who emotionally affirm them and are ready to commit for the long term. Guys who go the sensitive nice-guy route only to be rejected can end up frustrated and bitter.
“Godliness is sexy to godly people,” says Southern Baptist megachurch pastor Matt Chandler. Jordan Peterson, on the other hand, says, “Girls are attracted to boys who win status contests with other boys.” Which rings truer to you?
Most of these influencers have built online communities that serve as mutual support and encouragement networks for their followers. In an era of growing loneliness and social isolation, teenage boys can bond over furtively watching Andrew Tate videos that their parents and teachers deem dangerous. Because the traditional authorities typically don’t have much of an organic following among young men, they don’t generate the same kind of community. Where they do have a male audience, such as in churches, attempts at creating community are often hokey and weird. Most young men aren’t drawn to groups that ask them to “hold each other accountable” for watching porn.
An obvious if overlooked component of these influencers’ success is that they’re all men. It’s common, especially in mainstream media, for women to be the ones sounding off about men’s issues and shortcomings. In July, Politico published a “Masculinity Issue,” featuring four articles on the theme—every one of them written by a woman.
The good news is mainstream figures and traditional institutions that want to reach men can easily re-create the online influencers’ success. They can have men talking to and about men. They can acknowledge that men are important in themselves, not only as servants to women and children. They can craft an aspirational vision of manhood that includes elements of sacrifice and service. They can build men up with practical insights and advice, even when the truth is unpopular. And they can crystallize community around them. None of these things are objectively hard to do.
Perhaps respectable society won’t be able to reach those young men who are only looking to hustle women into sexual relationships. But as the range of online men’s influencers shows, plenty of boys and young men are looking for healthy and productive leadership.
Renn added on his own blog:
Even much of the rhetoric in our society that is aimed at building a case for why men are important tends to focus on some other goal as the justification. For example, if you are religious, you have almost certainly heard something like this:
A 1994 Swiss study gives insight to the trends among church-goers, regardless of religion. The study provided a wide-range of family scenarios; providing data for a variety of family situations. What happens if the mother is practicing and the father is non-practicing? What happens if only the father is practicing? The results seem to suggest that children follow the example of dad.
If both mom and dad go to church faithfully, 33% of their children will grow up to be regular attending patrons of the church.
If only mom is taking the kids to church, only 2% of children will become lifelong church-goers, while 37% will attend occasionally. An excess of 60% of her children will end up leaving the church.
What happens if dad is active, but mom is not? Curiously, the numbers seem to go up. As previously stated, 33% of children remain when they witness both mom and dad going to church regularly. The number grows to 38% with an active dad and an occasionally active mom. It continues to go up to 44% when it’s just dad taking the kids to church.
To sum up the data: if dad does not attend regularly, only 1 in 50 of his children will remain in the church.
While it’s not the case in this particular article, this rationale is typically used to justify or encourage outreach to men.
What’s truly important in this type of argument? Is it that dad go to church? Or is it that his children go to church? All of these basically imply that the real goal is to get mom and the kids to church. Dad is primarily an instrument to accomplish that end.
By the way, all of these claims seem to trace back to that one study in Switzerland from 30 years ago, which makes me skeptical that these findings would hold up in modern day America.
Another very common approach in secular society is to describe the problems facing men in terms of the negative consequences that has for women. For example, the conservative New York Post ran a piece saying that broke men are hurting American women’s marriage prospects.
There’s a devastating shortage of men who have their act together, according to a new study that may not be so surprising to all the single ladies out there.
Research now suggests that the reason for recent years’ decline in the marriage rate could have something to do with the lack of “economically attractive” male spouses who can bring home the bacon, according to the paper published Wednesday in the Journal of Family and Marriage.
“Most American women hope to marry, but current shortages of marriageable men — men with a stable job and a good income — make this increasingly difficult.”
And a recent article in the Atlantic essentially blames a shortage of good men for why women are freezing their eggs.
Her generation of women (Inhorn is in her 60s) were the first to enter higher-educational institutions en masse. She writes about how many women in her cohort of female doctoral students, faced with men intimidated by their achievements, remained single or “‘settled’ for suboptimal relationships that subsequently ended.” And the plight of educated women such as Inhorn and her interlocutors is one that has long been confronted by women in communities where economic challenges, such as the loss of factory jobs, led to widespread male unemployment—surely a factor in their hesitation to commit to a partner or start a family.
For the most part society is only interested in severe life challenges faced by men insomuch as they are affecting women. Men here again are a purely instrumental good that exist to enable women to fulfill their life ambitions.
A related version of this is when male dysfunction is blamed for right wing politics or other things some people don’t like.
I think many of these kinds of arguments, particularly the religious ones, are well-intentioned. Their goal seems to be convincing a perhaps skeptical audience of why it is important to reach men. One natural and completely reasonable way to go about this is to try to frame the argument in terms of the concerns the listener already has. This is done every day in a wide range of domains and is completely legitimate.
It’s when this form of argumentation becomes dominant that we run into problems. Men are hearing loud and clear from this that they don’t matter until they become a problem for somebody else that society actually cares about.
Former Brookings scholar Richard Reeves seems to do a better job of public argumentation. If you look at the summary of his talk to the UN feminist initiative #HeForShe, he does mention that men’s problems can translate into grievance politics, but he correctly relegates this to a subordinate role. He primarily emphasizes the problems men are facing themselves.
I think this is a good way to balance it. It’s of course appropriate to talk about the downstream consequences of troubled men. I do it myself. But that can’t be the primary emphasis.
The online influencers put men themselves front and center. Maybe they do this to an excessive degree, ignoring the elements of service to others and civilization that are part of the healthy masculine package. But at least they do care for men as people who are important in their own right. So should we.
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The number one British album today in 1973 was the Rolling Stones’ “Goats Head Soup,” despite (or perhaps because of) the BBC’s ban of one of its songs, “Star Star”:
Who shares a birthday with my brother (who celebrated his sixth birthday, on a Friday the 13th, by getting chicken pox from me)? Start with Paul Simon:
Robert Lamm plays keyboards — or more accurately, the keytar — for Chicago:
Sammy Hagar:
Craig McGregor of Foghat:
John Ford Coley, formerly a duet with England Dan Seals:
Rob Marche played guitar for the Jo Boxers, who …
One death of note: Ed Sullivan, whose Sunday night CBS-TV show showed off rock and roll (plus Topo Gigio and Senor Wences) to millions, died today in 1974:
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Being in the business of real estate valuations, I couldn’t resist doing my own valuation of Trump’s key personal assets; his condo in Trump Tower as well as Trump Tower itself and also Mar-a-lago in Palm Beach, Florida, you know, for the hell of it. It only took me a little under an hour to come to a radically different conclusion then the New York court.
Let’s start with the condo unit, the penthouse – made up of three floors. Trump valued that unit initially at $327 million in 2015. Then in 2017, two years later, he lowered the value to $116.8 million, which is what he argued before the court. By comparison, the assessment ranged from $18 million to $27 million from 2011 to 2021, as far as I can determine from public records.
By comparison, the court says the entire building was worth $340 million. Trump said the entire building was worth $540 million. It’s all very confusing because both parties, the court and prosecution included, appear to be mixing apples and oranges. But if we just took the assessor’s own value of $27 million divided by the 11,000 sf condo, that comes to about $2,500 per square foot. Apply that to the portion of the building that Trump owns, and it’s easy to determine that Trump’s valuation is probably not far off. In fact, his piece of the pie may be worth more than $250 million using a per square foot analysis (although it is difficult to get accurate square footage figures and other details on the building).
It’s actually easier to look at Mar-a-lago. Mar-a-lago is 17.51 acres sitting at a prime location on the bridge crossing over from the mainland in Palm Beach, Florida. It’s a very rare parcel of undeveloped land in the middle of prime real estate, with water views on both sides (which is very unusual). The land literally stretches from the inland waterway to the ocean side and is within walking distance of a nature preserve.
Trump valued that at $426 to $612 million from 2011 to 2021. In contrast, the court says it’s worth $18 million, but here’s the thing; the city assessment on Mar-a-lago was $30 million and even Zillow says it was worth $24 million. Both the assessor and Zillow say the property is worth substantially more than the court and prosecutor say. Now given that the assessor is considered an expert in valuation by the government itself, it’s odd that the court says its market value is worth so much less.
So let’s look at market comps (or comparables) to determine a value. In Naples, the developer of the new Ritz Carlton purchased a 125-acre property for $362.3 million. A lot of that cannot be developed though, as it’s a golf course. The usable size for a new building(s) is similar to Mar-a-lago. Considering that the prime oceanfront location in Naples sold for $362.3 million, it wouldn’t be unfair to think that Mar-a-lago could sell for that – or a lot more. Why more? Because it’s Palm Beach, where people pay tens of millions of dollars for a single condo or a lot more compared to Naples.
I saw many condos for sale in the $20 to $40 million dollar range online in Palm Beach. If you consider that the land value portion of each condo would be a standard 25% to 50% that means $5 to $20 million per unit in land value. I calculated that Mar-a-lago could hold around 875 units based upon a density of 50 units per acre (which is what we develop 4 story apartments at. By comparison, tall towers in the greater Miami area have a density much, much greater.) At 875 units times the land value per unit (which is how we residential developers value our buildings; per unit), the land would be worth $4.375 Billion to $17.5 Billion. Yes, that Billion with a capital B.
Even using Trump’s own high point value of $612 million, the value of the land per unit would be only $700,000 by comparison! That’s pennies on the dollar. Even if you cut the density down, the value of the property would still be multiples of what Trump valued it at.
What’s interesting though, is that even if he overvalued Trump Tower, which includes office space, retail stores, and residential units, the true value of Mar-a-lago provides such a huge margin of error that it overwhelms any possible over valuation of Trump Tower.
But let’s consider other factors any appraiser would use to consider valuing Trump’s condo and his tower. (Disclosure: I have a master’s degree from the #1 real estate valuation program in the nation; the Graaskamp Real Estate Center.) His condo, I understand, is gilded heavily in gold. Think of what that is worth.
Plus there’s the Trump brand. Trump has proven time and time again, worldwide, that his brand commands a premium, so any valuation must consider that. It’s not the same as valuing an unbranded asset. His brand has to be worth at least another 20% or more. An analysis of the premium he obtains in other locations and also that he gets on the office and retail space rents vs the nearby competition would indicate a premium percentage to apply.
But here’s the really big factor that the court obviously did not consider; that once Trump was elected president in 2015, the value of his properties soared. Why? Because they became instantly historic. Buyers will pay more for a historic property once owned and occupied by a famous president. Trump Tower is where he announced his candidacy – walking down the escalator. Mar-a-lago was the southern White House or presidential palace. Think the Reagan Ranch. What would that be worth on the open market today?
And then there’s COVID. Most residential property values jumped in value. Hell, even my own house that I sold in 2020 (two weeks into COVID) increased in value by a margin of $700,000 in just two years! That was just the increase. Imagine what Mar-a-lago would be worth if it was sold and redeveloped knowing that it was a presidential property.
Now, let’s consider the court case. First, this is a highly unusual case – it’s a state prosecutor suing a presidential candidate under civil law. That’s right; I read that it’s not even a criminal case. So why is a state prosecutor suing then? Second, under civil liability cases, there has to be harm done and there has to be actual damages and a victim or you can’t sue. There are no banks claiming harm or damages, so who was harmed? The case should be thrown out on that basis alone.
Then there is the court, which ruled in summary judgement – without a jury and without a trial, but wait, hold that thought, the court says it can rule in summary judgement but then still hold a trial later for other parts. That’s b.s. The court certainly didn’t hire its own valuation report by an expert, and with these many facts in dispute, that would require a trial. His lawyers would not even have had time to hire their own expert and get a valuation report at this stage. That’s says to me that this is a sham case, and Trump is being railroaded, but you already knew that!
Lastly, having taken out many loans myself, every lender/bank has its own credit department that evaluates the borrower’s financial statement. They also hire their own appraisal outside the influence of the borrower. They then make their own adjustments to those statements and to the appraisal. They would never rely on the borrower’s financial statement. Plus there is the theory of informed consent, so to speak. The lenders were professionals with intimate knowledge of the industry, the borrower, and the properties.
They were fully informed and had a legal obligation to obtain any other information they desired. But again, they are not claiming any harm. In fact, no one was harmed and in my expert opinion, no misrepresentation of his values was made. But let’s stop making excuses for the prosecutor and court – as if this was a legitimate case; it’s not. It’s a crock of baloney. There are no excuses. This case should be dismissed and the prosecutor sued for malicious prosecution.
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We begin with an entry from the It Seemed Like a Good Idea at the Time Dept.: Today in 1956, Chrysler Corp. launched its 1957 car lineup with a new option: a record player. The record player didn’t play albums or 45s, however; it played only seven-inch discs at 16⅔ rpm. Chrysler sold them until 1961.
Today in 1957, Little Richard was on an Australian tour when he publicly renounced rock and roll and embraced religion and announced he was going to record Gospel music from now on. The conversion was the result of his praying during a flight when one of the plane’s engines caught fire.
Little Richard returned to rock and roll five years later.
The number one song today in 1963: