Bankruptcy Are Coming, Signs All Around

I witnessed first hand the closing of two company’s. Both suffered from large debt and too little revenue. The similarities are eerily familiar. Business defaults and bankruptcies are on the rise.

  • https://m.startribune.com/another-wave-of-megabankruptcies-is-coming-experts-say/571381212/
  • https://curated.tncontentexchange.com/finance/how-private-equity-is-gutting-retail/video_7c9b7c5f-29bb-5574-8f04-606957338951.html
  • https://www.forbes.com/sites/mayrarodriguezvalladares/2020/06/20/corporate-defaults-this-year-are-likely-to-surpass-the-mountain-of-great-recession-defaults/
  • https://www.evidenceinvestor.com/how-good-an-investment-is-private-equity-honestly/

The Spread of Disinformation and the 2020 Election | Amanpour and Company | Amanpour and Company

President Trump has personally pledged to spend one billion dollars if it will keep him in the White House. McKay Coppins, a journalist for The Atlantic, has identified how a substantial amount of this funding is being spent. After creating a Facebook page so he could follow pro-Trump social media accounts and communicate with online Trump supporters, Coppins uncovered something remarkable: a campaign-coordinated effort to undermine journalists and the mainstream press on a mass scale. Coppins told Hari Sreenivasan about the Trump campaign’s stunning effort to launch one of the largest disinformation campaigns ever conducted.

Flawed Media Coverage of Obama Hurts America Still

He was a peace president who ordered ten times more drone strikes than George W. Bush. He was the peace president who left office with American boots on the ground in Afghanistan, Syria, and Iraq, and scattered across North Africa. His administration refueled Saudi jets to enable the indiscriminate Saudi bombing campaign in Yemen. Oh, and he droned American citizens abroad without even a nod to due process.

He was the environmentalist president so hostile to fossil fuels that he presided over an extraordinary boom in domestic oil production:

.. He was the compassionate president who admitted a grand total of fewer than 2,000 Syrian refugees in the first five years of the Syrian civil war. He was the compassionate president whose deportations peaked at an average of 34,000 people in fiscal year 2012.

.. Indeed, I’d argue that both conservative and liberal media outlets had an interest in amplifying Obama’s progressive credentials and advancing a fundamentally flawed narrative about the nature and character of his presidency. Exaggerating his progressive virtue (or vice) kept partisans engaged. It kept ramping up the stakes of our political conflicts, and it contributed immensely to the Flight 93 mentality that dominates politics today.

.. How much time did conservative media spend debating Obama’s willingness to use the phrase “radical Islamic terrorism” even while he was droning, bombing, and shelling terrorists from Afghanistan to Libya? How much time did the liberal media spend amplifying Obama’s desire for peace with Iran even as he helped Saudi Arabia wage its proxy war against Iran in Yemen, at a simply enormous toll in innocent human life?

.. By failing to provide perspective, the media creates a sense of outrage when none is justified and inoculates the public against injustice when injustice is real.

.. we act as if the immense American ship of state lurches from right to left with each new election, when the reality is often that the turns in crucial areas are gradual.

Rudy Giuliani: “Truth Isn’t Truth” | Morning Joe | MSNBC

Joe Scarborough reacts to President Trump’s personal attorney, Rudy Giuliani, who spoke on Meet the Press and laid out a new position on the Trump legal team’s response to that 2016 meeting with Russians in Trump Tower.

Ivanka and Vodka, on the Rocks

Why had she stayed mute for so many days about the torment her father was inflicting on thousands of immigrant children? What will happen to her if Michael Cohen flips?

.. doomed never to return to her privileged perch as a Manhattan society darling?

.. “It’s really easy for someone whose sole job in the White House is women and children to issue a statement — even Melania did it,”

.. “It just shows how fake Ivanka is,” Fox continued. “She’s crafted this whole image of herself that’s not actually her. And the real her is cooler, slightly more interesting, funnier. She curses like a sailor. She partied a lot when she was younger. She flashed a hot dog vendor when she was in eighth grade. She chain-smoked. Which is so opposite of the image she put out there.

.. “What you’re seeing now is the unmasking. She can’t control the narrative anymore because she’s so inauthentic. It has really come back to bite her.”

.. as the echoes of sobbing children snatched from parents fleeing violence collided with images of a whining, pampered child-president bragging about his crowd size and his bank account, all while he callously used helpless kids as hostages to get his wall.

.. Her $39 Zara jacket read, “I Really Don’t Care. Do U?” And yet again, it wasn’t clear whom she was trolling — most likely, as her husband tweeted,

.. Which means the first lady is like her husband in one unfortunate respect: In times of national turmoil, she makes it about herself.

.. “She was infatuated with the Kennedys,” Fox said.

.. She tried to present her brand as luminous, caring and classy — a champion of women and children with a carefully curated image over the years on Instagram, in a blog and in books.

Amid the dark hailstorm of her father, Steve Bannon and Stephen Miller, she sold herself as the sunny morning — the one who would temper her father’s retrogressive and sometimes wretched moves.

.. Introducing him at the 2016 Republican convention, Ivanka assured the crowd that he had “empathy and generosity,” as well as “kindness and compassion.”

.. it seemed like fan fiction.

.. a former top Trump administration official recently told me, “Donald Trump is the meanest man I’ve ever met.”

.. After her panic when he left her mother for Marla Maples — Ivanka worried she wouldn’t be able to keep the Trump name, and called him constantly — she spent her life fashioning herself, “Vertigo”-style, into his ideal.

.. no matter how hard Ivanka tried, Donald Trump thought she could be even more ideal. When she was a model, Fox writes, her father “suggested to friends that breast implants might help her along.

..  Maryanne Trump, Donald’s sister, urging him to talk Donald out of letting her get plastic surgery that young.

.. When his friend confronted him about it, he denied that she was getting implants. At the end of the call, he asked, ‘Why not, though?’”

.. Ivanka succeeded in being a Mini-Me. By 16, she trademarked her name with the intention of using it for everything from bras to brow liner to scrub masks. “There is a distinct genetic quality to Ivanka’s preternatural ability to self-promote,”

.. Ivanka ran into split-screen trouble with her gauzy and glam mommy-of-the-year Instagram posts during the refugee ban, the migrant crisis and the Palestinians dying at the Israeli border during her visit to the opening of the U.S. Embassy in Jerusalem.

.. Her father is the all-consuming maw, what Fox calls “an infinite pit of need — a time-sucking vampire who fed off those around him to sustain his own vanity.”

.. Ivanka backed up the president’s fake narrative that it was Congress’s fault. When Daddy finally ended the pitiless policy that he imposed, she congratulated him on Twitter for white knighting it

.. The Trump family, of course, was seeing the problem as optics, not as a barbaric flouting of American values.

.. Donald and Ivanka are consumed with protecting their own brands. America’s? Not so much.

I Helped Sell the False Choice of War Once. It’s Happening Again.

Fifteen years ago this week, Colin Powell, then the secretary of state, spoke at the United Nations to sell pre-emptive war with Iraq. As his chief of staff, I helped Secretary Powell paint a clear picture that war was the only choice, that when “we confront a regime that harbors ambitions for regional domination, hides weapons of mass destruction and provides haven and active support for terrorists, we are not confronting the past, we are confronting the present. And unless we act, we are confronting an even more frightening future.”.

.. President George W. Bush would have ordered the war even without the United Nations presentation, or if Secretary Powell had failed miserably in giving it. But the secretary’s gravitas was a significant part of the two-year-long effort by the Bush administration to get Americans on the war wagon.

.. the Trump administration is using much the same playbook to create a false impression that war is the only way to address the threats posed by Iran.

.. Nikki Haley, said that the administration had “undeniable” evidence that Iran was not complying with Security Council resolutions regarding its ballistic missile program and Yemen.

.. It’s astonishing how similar that moment was to Mr. Powell’s 2003 presentation on Iraq’s weapons of mass destruction — and how the Trump administration’s methods overall match those of President Bush and Vice President Dick Cheney.

.. Iran, a country of almost 80 million people whose vast strategic depth and difficult terrain make it a far greater challenge than Iraq, would be 10 to 15 times worse than the Iraq war in terms of casualties and costs.

.. The strategy positions Iran as one of the greatest threats America faces, much the same way President Bush framed Saddam Hussein’s Iraq.

With China, Russia and North Korea all presenting vastly more formidable challenges to America and its allies than Iran, one has to wonder where the Trump team gets its ideas.

..  a campaign built on the politicization of intelligence and shortsighted policy decisions to make the case for war.

.. It harks back to the C.I.A. director George Tenet’s assurances to Mr. Powell that the connection between Saddam Hussein and Osama bin Laden was ironclad in the lead-up to his United Nations presentation. Today, we know how terribly wrong Mr. Tenet was.

.. Today, the analysts claiming close ties between Al Qaeda and Iran come from the Foundation for Defense of Democracies, which vehemently opposes the Iran nuclear deal and unabashedly calls for regime changein Iran.

.. It seems not to matter that 15 of the 19 hijackers on Sept. 11 were Saudis and none were Iranians. Or that, according to the United States intelligence community, of the groups listed as actively hostile to the United States, only one is loosely affiliated with Iran, and Hezbollah doesn’t make the cut.

.. the Foundation for Defense of Democracies seems like the Pentagon’s Office of Special Plans that pushed falsehoods in support of waging war with Iraq.

.. these seemingly disconnected events serve to create a narrative in which war with Iran is the only viable policy.

.. it didn’t seem to matter to us that we used shoddy or cherry-picked intelligence; that it was unrealistic to argue that the war would “pay for itself,” rather than cost trillions of dollars; that we might be hopelessly naïve in thinking that the war would lead to democracy instead of pushing the region into a downward spiral.