John Oliver’s rant –
If you are going to be a thief – go after the Role and not the Timex…
Controversy erupted over the Chump’s wife, Melanoma stealing parts of her convention speech from Michelle Obama’s 2008 address of the Democratic Convention. Failing to have any Republican women whose speeches were worth stealing from – she went for the Gold Standard.
Sources from the Donald Trump campaign told NBC News reporter Katy Tur that there is an uproar over accusations that Melania Trump’s much-anticipated speech on Monday night was plagiarized from a speech by First Lady Michelle Obama in 2008.
The Trump camp has been scrambling to explain similarities between the two speeches, going so far as to blame Democratic rival Hillary Clinton.
Tur, who has been covering the Trump campaign, said that Melania didn’t want to do the speech in the first place, but in the end was brought on board to try and humanize the bombastic candidate.
“Well this morning I’m told that she didn’t necessarily want to do this, and that the campaign basically had to put their best person to help her with the speech,” Tur reported. “They were putting somebody from the staff with all of the family members because this is obviously a big deal, the convention, it’s not unusual to have a staff member help write a convention speech.”
Tur said that Trump staffers were hoping Melania would “outshine everybody” and immediately after the speech, she was praised for her performance. But shortly after, striking similarities between Obama’s 2008 speech were raised and people began mocking it online…
This is truly funny…And true. Republican controlled states which have implemented the tax cut, destroy public services mantra are in free fall economically. The two most prominent examples of which are Kansas and Louisiana. Even in those states which have good economies such as North Carolina, Republicans rip the wheels off, passing one stupid law after another like the anti-LGBT laws which still may cost North Carolina billions more.
Bad news for the white right. Unlike their racist stereotypes, most folks on welfare (SNAP) aren’t on drugs. Yet another state fails miserably making a racist assumption and passing it into law… This one by the man responsible to murdering and maiming children in Flint with tainted water.
Michigan Gov. Rick Snyder (R), who faced criticism earlier this year for his handling of the water crisis in Flint, could face more pushback after the apparent failure of his program requiring drug tests for welfare users.
The Guardian reported that none of the 303 people tested under the auspices of the Family Independence Program have tested positive for drugs as of the end of May.
The pilot program ends on Sept. 30 and received $300,000 in state funding, although a spokesperson for the state health department said only $300 had been spent thus far.
“The governor will wait until the pilot program has concluded and the report is delivered, as required by the legislation, to reach any conclusions,” said Anna Heaton, a spokesperson for Snyder’s office.
The program allows health department officials to require applicants to go through a drug test based on the results of the 50-question screening process. Refusal to do so disqualifies them from receiving financial assistance for six months. However, none of the applicants reportedly refused to go through the test.
As Think Progress reported last year, several other states with similar programs also found little evidence of high drug use among social program recipients. For instance, only 11 out of 2,783 applicants in Kansas’ program tested positive.
“As we’ve seen time and time again, these misguided policies are devoid of any scientific credibility and have proven to be a colossal waste of our time and money,” said Eric Harris, a spokesperson for Rep. Gwen Moore (D-WI), who recently proposed a measure that would make drug tests mandatory for people reporting deductions of more than $150,000 on their tax returns.
Trump has been lying about his supposed wealth for a long time. A good part of that has to do with the scam surrounding the “Trump” brand, and it’s supposed value in the luxury marketplace. A good portion of his self reported $10 billion in wealth is based on wildly inflated value of the Trump name. Even his hard assets , the Golf Courses, Hotels, and Casino aren’t worth nearly as much as an uncritical eye would believe.Like anyone who is big in commercial Real Estate, Trump is heavily “leveraged”. In layman’s terms it is like owning $200,000 on a house which can only be sold today for $100,000 – betting that the Real Estate value of houses in the area will go up in 3 years enough to make a profit after paying off the debt. In the high-flying world of certain types of business, your ability to acquire debt is counted as an asset. Ergo, you are worth $1 million – because you can borrow $1 million, even though you only have $100 in the bank. The reason so many Real Estate folks go bankrupt quite simply is they cannot generate enough revenue based on their investments to cover the debt. That house you owe $200,000 on has a monthly mortgage of $2,000, and it can be rented for only $1,000 a month – meaning you have to come up with another $1,000 a month to make the mortgage from somewhere else. Buy enough of those, and don’t flip them fast enough, and you go bankrupt.
In the real world, your net worth is the value of what you own or have in the bank, minus what you owe. Cash on hand is king. $100 in assets with $50 in debt mean you are worth $50.
In Trump’s world, if you have $50 million cash in the bank, and $100 million in debt – you can easily borrow another $100 million, and are “worth” $200 million. What you can’t do, is not have enough cash to make the payments…
Which from all indications is about where the Chumph is. Stealing $1 million a month from his campaign coffers to service the debt on his various scams by paying his own companies, strongly suggest he not only has a cash flow problem, he is at or past the point of having a negative net worth.
Despite all the huffing and puffing…It indeed looks like the boy is busted.
Now there is a huge difference between a guy like Warren Buffet, and a Chump wannabe billionaire. Warren can write a check for $1 billion, and frequently comes up with $50, $100, or even $500 million as part of his investment empire. The Chump on the other hand, seems to be struggling to have $1 million cash on hand to pay his promised charity donation to Veterans – which he apparently paid from his campaign donations.
Take that from a guy who has experience being hired to do “due diligence” in major investment deals to discover the true value of a company’s assets.
It’s important to see those numbers in the proper perspective.
Yes, Clinton has massively more money than Trump. But that’s about the amount of money sheshould have. This isn’t to take away from the accomplishment. It’s a lot of money and it came while she was still having to spend money on the on-going primaries. But it’s in the range of what you would expect from a well-oiled team of professionals drawing on a robust fundraising apparatus. Trump’s amount of cash wouldn’t be terribly impressive for a competitive House race. His campaign is essentially broke. Which, as I noted yesterday, means Trump must be broke, too, or so cash poor as to amount to the same thing for the purposes of this campaign.
Even more revealing is the fact that Trump has been using a huge amount of campaign expenditures to cycle money back through his own businesses. According to an analysis by the AP, through the end of May Trump had plowed $6.2 million into various Trump companies, which is to say, back into his own pocket. That’s roughly 10% of his campaign spending so far, which is almost entirely from the loan (which he can still repay to himself out of future fundraising) he made to his campaign. He kept up the pace in May, spending $6.7 million on his campaign and more than a million of that to various Trump enterprises.
What’s notable about that roughly 10% of money back into his own pocket is that Trump only has businesses in so many sectors. He doesn’t appear to have a company to make red trucker hats and he doesn’t own radio and TV stations to run ads. So that 10% is basically as much as he could possibly run to own companies.
Perhaps the most revealing detail about the May filing is that Trump actually did loan his campaign additional funds – a bit over $2 million. But this shows more just how hard up Trump is. His campaign is in desperate need of funds. Like I said, $1.3 million cash on hand is stone broke for a summer presidential campaign. He clearly has no principled resistance to loaning his campaign more money. And he’s in desperate need of a few tens of millions of dollars. Put this together with having to be shamed into coughing up the $1 million contribution to a vets organization and the implication is clear: Trump is very hard pressed to come up with even a few million dollars. And this from a man purportedly worth $10 billion.
Trump’s promises of vast riches got the GOP into a bind relying on him to fund a general election on his own. But that was all a lie. He’s broke or near broke. And the GOP is now facing mid-summer with a campaign that is broke, has no fundraising apparatus, no candidate with big bucks and no field operation. He’s done the GOP worse than the most screwed over creditor he ever sharked.
The truth of the matter of Domestic Terrorism…
The vast majority of mass murder, mass shooting, and serial murders committed in America are by young white men. Removing inner city Drug wars as the motivation, a shocking 90% of all mass shootings/murders are done by white males, frequently due to right wing political motivation, racial animosity, and family issues. So…If you are going to racially profile – you would have to look for a white male in their 20’s, typically with right wing leanings, and socialization issues.
Now we know, from Police experience in stopping innocent black folks in the cities, that stopping every white male under 30 wearing cammies would be pointless. At my home in the country, come fall there is nothing unusual about white folks running around in camouflage T-shits, coats or pants – especially in the fall and winter. The vast majority of these folks are not criminals (other than having a 6 times greater probability than a black person of having a little meth or heroin in their pocket), and pose no threat to run around shooting their neighbors at the local WalMart.
Which is why profiling, when used as a method of “Broken Windows” policing is such an abject failure.
Bad few days for the Chumpazoids.
The attorneys for a former Republican candidate for U.S. Congress who is suing to keep a controversial Confederate statue standing near the University of Louisville want to drop him after he called an African-American professor a racial slur on social media, WHAS reports.
Everett Corley, a real estate agent and Donald Trump supporter, is trying to use the courts to stop Louisville Mayor Greg Fischer and U of L President James Ramsey from taking down the controversial monument, which sits on city property and is the source of numerous student complaints.
Attorneys representing Corley were troubled by a post on Facebook that shows a dead Confederate soldier and a photograph of UofL professor Ricky Jones.
“Here’s who lost today and here’s Ricky Jones, that damn dirty black ___ who won,” Corley wrote.
WHAS redacted the slur.
A ruling by New York’s highest court in a fraud case against former American International Group Inc Chief Executive Maurice “Hank” Greenberg could affect the state’s case against Republican presidential candidate Donald Trump and his defunct Trump University.
The New York Court of Appeals ruled on Thursday that state Attorney General Eric Schneiderman could seek to recoup millions of dollars in bonus payments to Greenberg using the legal remedy called disgorgement.
Unlike damages, which are used to compensate victims’ losses, disgorgement requires a defendant to give back gains obtained from unlawful means. The ruling means that Schneiderman can go after $5 million he says Trump personally pocketed from the Trump University real-estate seminar venture.
Rep. Renee Ellmers (R-NC) was caught on video mocking a former staffer about her weight as she faced an uphill re-election battle on Tuesday, WCNC-TV reported.
This story has been updated. Please see below.
“Typical Renee,” said the target of Ellmers’ insult, Maggie Sandrock. “She has become a mean girl on steroids in my view.”
The footage shows Ellmers walking by Sandrock — who went from working on Ellmers’ previous campaigns to working for her GOP primary opponent, fellow Rep. George Holding — and telling her, “You’re eating a little bit too much pork barbecue. Whoo!”
And then there was this lambasting of neo-confederate Jeffry Lord by Van Jones…