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Thursday, May 19, 2022

Donald Trump's business failings - and the number of lawsuits he currently faces - are laid bare in damning detail in the S-4 registration statement that Digital World Acquisition Corp., the special-purpose acquisition company which is merging with Trump's Trump Media & Technology Group Corp. to take it public, filed with the U.S. Securities and Exchange Commission on Monday. Multiple risk factors associated with doing business with Trump are highlighted in the filing because, it says, the company's success depends largely on his reputation and popularity. read more


Tuesday, May 17, 2022

President Biden on Tuesday called white supremacy a "poison" in America and called on Americans to reject the racist white "replacement theory" that is believed to have inspired the gunman behind the tragic Buffalo shooting. "I call on all Americans to reject the lie," he said in remarks from Buffalo Tuesday afternoon. "I condemn those who spread the lie for power, for political gain and for profit. We need to say as clearly and forcefully as we can that the ideology of white supremacy has no place in America. None." read more


As Russia continues to hide the scale of its losses in Ukraine, more and more information has leaked out, angering the families of Russian soldiers and discouraging even previous supporters of the invasion. In a rare condemnation of Kremlin policy on a political talk show, defence columnist Mikhail Khodaryonok suggested that the government was in denial about the war and the chance for victory against highly motivated Ukrainian forces armed by the west. read more


Monday, May 16, 2022

"The fact is that if the U.S. Supreme Court confirms its draft decision, women will die. The Justices who vote to strike down Roe will not succeed in ending abortion, they will only succeed in ending safe abortion. Alito and his supporters will have women's blood on their hands." The 199-year-old journal argues that Alito's "shocking, inhuman, and irrational" draft opinion "utterly fails to consider the health of women today who seek abortion." read more


In the 18th-century United States and England, abortion was common enough that there were slang terms for it, like "taking the cold," "taking the trade" and "bringing down the flowers." In the Revolutionary War era and the decades after, most homes would have had a medical manual ... These books included recipes for concoctions that could induce menses that had been "blocked" or "suppressed" - a common way to refer to early pregnancy. read more


Comments

Of Trump's lengthy history of bankruptcies, it states:

"Entities associated with President Trump have filed for bankruptcy protection. The Trump Taj Mahal, which was built and owned by President Trump, filed for Chapter 11 bankruptcy in 1991. The Trump Plaza, the Trump Castle, and the Plaza Hotel, all owned by President Trump at the time, filed for Chapter 11 bankruptcy in 1992. THCR, which was founded by President Trump in 1995, filed for Chapter 11 bankruptcy in 2004. Trump Entertainment Resorts, Inc., the new name given to Trump Hotels & Casino Resorts after its 2004 bankruptcy, declared bankruptcy in 2009. While all of the foregoing were in different businesses than TMTG, there can be no guarantee that TMTG's performance will exceed the performance of those entities."

Of failed license agreements with Trump, it notes:

"Trump Shuttle, Inc., launched by President Trump in 1989, defaulted on its loans in 1990 and ceased to exist by 1992. Trump University, founded by President Trump in 2005, ceased operations in 2011 amid lawsuits and investigations regarding the company's business practices. Trump Vodka, a brand of vodka produced by Drinks Americas under license from the Trump Organization, was introduced in 2005 and discontinued in 2011. Trump Mortgage, LLC, a financial services company founded by President Trump in 2006, ceased operations in 2007. GoTrump.com, a travel site founded by President Trump in 2006, ceased operations in 2007. Trump Steaks, a brand of steak and other meats founded by President Trump in 2007, discontinued sales two months after its launch. While all these businesses were in different industries than TMTG, there can be no guarantee that TMTG's performance will exceed the performance of these entities."

In both cases, the statement warns there are "no assurances" that the new company will not go the same way as Trump's past scuttled ventures.

The filing also details the "numerous lawsuits and other matters that could damage his reputation, cause him to be distracted from the business or could force him to resign from TMTG's board of directors."

Is there a more prolific failure in America than Donald Trump? The filing forgot to add that he's the only former POTUS to ever lose the popular vote in two consecutive elections. Donnie Fail is truly the king of losers.

So what does that say about all of the people who believe the exact opposite of reality?

Beyond the ruling classes in England and America, there is also evidence of abortion among Indigenous American peoples and the enslaved, according to John Riddle in "Eve's Herbs: A History of Contraception and Abortion in the West." Enslaved Black people likely brought this knowledge with them from Africa. A drink made of a certain type of cotton root native to Africa was used to induce abortion throughout the South.

Unlike many antiabortion activists today, most religious and legal scholars at the time did not think "ensoulment" began at the moment of conception but at the time of "quickening" - when a pregnant person can feel fetal movement, generally between 16 and 22 weeks.

England passed its first law officially banning post-quickening abortion in 1800. The United States didn't follow until 1821, when the Connecticut legislature banned giving a noxious substance to a woman "quick with child."

This is one reason critics of originalism say the historical understanding doesn't, or at least shouldn't, matter. The legal scholars Alito quoted lived in a world where women were property, babies could be "monsters" and abortion was dangerous.

Pre-quickening abortions were indeed wholly legal at the time the U.S. Constitution was written regardless of Alito's subjective notations of cherry-picked history offered up to serve his own unhidden religious beliefs on the matter.

When the SCOTUS appears to overturn a half century's legal right of women to control their own body's autonomy based on the specious and mendacious assertions contained in the leaked majority opinion, the very spirit and point of constitutional law vis-a-vis stare decisis and unenumerated rights will be turned upon its head in open service of a religious agenda that gives primacy to one specific faith's view at the expense of many other opposing religion's commands and dictates upon the same subject.

Which is to say that the pro-democracy argument against Roe v. Wade and the constitutional right to have an abortion falters on a few key realities. The first relates to democratic government, or the lack thereof, in the states. The second relates to the expansion of state power inherent in any effective law against abortion. And the third concerns the intimate relationship between bodily autonomy and political equality.

[T]here are a number of states - home to tens of millions of Americans - where voters may not actually have the power to elect lawmakers to protect the abortion rights they say they want. If states and state legislatures are supposed to be the places where democracy happens - and that itself is debatable - then these facts are a real challenge for the pro-democracy case against Roe.

Next is the matter of the abortion bans themselves. Republican-led states have already introduced bills that would criminalize patients as well. But even if that weren't the case, there's simply no way to enforce an abortion ban without the state intruding deeply into women's lives.

Democracy rests, on paper at least, on the idea of political equality - that all citizens have equal standing and equal say when it comes to representation and political decision-making.

But equal standing is undermined and eroded when the state can effectively seize your person for its own ends - that is, when it can force you to give birth. And the erosion of political equality has social consequences; it leads to disregard and disrespect, to treating the people in question as a subordinate class.

Excellent counterargument to the dismissive historical writings of Alito in his leaked opinion.

It's not just the Supreme Court, it's also every state where Republicans have gerrymandered the state's legislature to the point there is no longer a democracy of the voting majority, it's authoritarian rule by the voting minority - of Republicans.

So even though Democrats cast far more ballots in states like Wisconsin, they still lose to GOP minorities where 45% of the total vote translates to 55-65% of the seats. In other words, even in these GOP dominated states, the majority of voters' expressed desires on this issue are completely ignored by their elected representatives who enshrine and codify their own personally-held views instead.

James Madison anticipated and wrote about such schemes long ago in Federalist 10:

"The smaller the society the fewer probably will be the distinct parties and interests composing it; the fewer the distinct parties and interests, the more frequently will a majority be found of the same party; and the smaller the number of individuals composing a majority, and the smaller the compass within which they are placed, the more easily will they concert and execute their plans of oppression.

If you extend the sphere, and you take in a greater variety of parties and interests; you make it less probable that a majority of the whole will have a common motive to invade the rights of other citizens; or if such a common motive exists, it will be more difficult for all who feel it to discover their own strength, and act in unison with each other.

www.nytimes.com

There is no legitimacy in these opinions supposedly built upon the democratic processes of this Republic, just oppression of those whom the minority yearns to legally control again as they were able to before.

According to the CBO's most recent monthly budget review, providing information on tax revenue receipts in the first six months of the fiscal year (October through March), corporate tax revenue is coming in 22 percent higher than last year's record level. To the extent this pattern holds for the remainder of the fiscal year, corporate tax revenue will hit a new record of $454 billion - far exceeding any recent forecast by the CBO, even forecasts made prior to enactment of the Tax Cuts and Jobs Act (TCJA) in 2017 which reduced the corporate tax rate from 35 percent to 21 percent. For instance, CBO's June 2017 forecast predicted corporate tax revenue would hit $389 billion in 2022.

The booming corporate tax receipts in fiscal year 2021 reflects a rebounding economy and huge growth in profits that year; S&P 500 profits grew 39 percent. Analysts currently expect this year will see slower but still substantial growth in S&P 500 profits of about 10 percent, which, to the extent it materializes, also points to record-high corporate tax revenue.

Individual income tax receipts rose to an all-time high of $2.04 trillion in fiscal year 2021 and receipts are running 36 percent higher in fiscal year 2022. Total federal tax collections, including payroll and other taxes, reached an all-time high in nominal terms of $4.05 trillion in fiscal year 2021, amounting to 18.1 percent of GDP, well above the long-run average of 17.1 percent over the 20 years prior to TCJA. Total collections are running 25 percent higher in fiscal year 2022. If that pattern holds, total federal tax collections will hit $5.04 trillion in fiscal year 2022, or 21.0 percent of GDP - a new all-time high in both nominal terms and as a share of GDP.

taxfoundation.org

"The Biden administration has been sending pallets of baby formula for illegal mothers and their babies while American mothers and babies cannot find baby formula," Rep. Marjorie Taylor Greene (R-Ga.) said at a news conference. "This is completely unacceptable, and this needs to end now."

"Baby formula should go to Americans before illegals," Rep. Troy Nehls (R-Texas) wrote on Twitter. "This should not have to be said."

Texas Gov. Greg Abbott (R) accused the administration of giving "critical supplies to illegal immigrants before the very people he took an oath to serve."

The problem is that the Biden administration is following the law a law that President Donald Trump also followed (though he wasn't happy about it).

At issue is something called the Flores consent decree, which began as a class-action lawsuit regarding the treatment of migrant children. "Whenever the INS takes a minor into custody ... Facilities will provide access to toilets and sinks, drinking water and food as appropriate, ... Food must be appropriate for at-risk detainees' age and capabilities (such as formula and baby food)."

This is a ridiculous faux outrage. The shortage of baby formula is a serious issue that the administration is seeking to address. But at the same time, the administration cannot be faulted for following the law and providing baby formula to undocumented immigrants. Anyone who suggests this is the result of specific Biden policies, i.e., his "reckless, out-of-touch priorities," earns Four Pinocchios.

www.washingtonpost.com

Whenever you think that today's scum-dwelling GOP members couldn't possibly sink any lower into the primordial ooze, they always manage to take an even deeper dive. I don't want to hear a word about Democrats trying to divide Americans when the daily seepage of vile garbage coming from the GOP makes sure the right wing airwaves are filled with invented outrage keeping their unthinking supporters perpetually riled up.

Now it's the fact that CPS keeps stores of formula in order to feed the infants under its care suddenly becomes a Biden-led effort to deny American infants needed food? GTFOH. I can't even with this garbage ... it's beneath who we are as human beings, much less Americans who protect the most vulnerable as a matter of justifying our own existence.

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