Thursday, March 28, 2024

Boxed in..

 
The action taken by AG Latitia James, against Trump, may have a terrible effect on the tax payer money.

The action turned Trump into a special case where no-one wants to get involved. Insurance companies/Banks avoided providing Trump a letter of credit when they may become the target of the attorney general, or worse, having to try to collect from Trump’s illiquid properties.  If she moved to confiscate his properties. 
The properties have mortgages. A transfer of title of the properties would probably trigger the due on sale clause, i.e., the mortgage would have to be paid off. That means the NY taxpayers would have to pay up!
Worse, if NY state didn’t pay up, it would likely create a nationwide banking or insurance company crisis.  The lenders on the properties may have made loans to dozens of other banks or insurance companies, which means any losses incurred may spread throughout the banking or insurance industry in the U.S.
So, what is this all this about?   Just a thoght.

Sunday, March 24, 2024

Memory..

 

Inflation..

 

Obstacle..


Senator Schumer, the New York Democrat and highest-ranking Jewish elected official in the U.S.  called Netanyahu a "major obstacle to peace" and said he "lost his way by allowing his political survival to take the precedence over the best interests of Israel."

Schumer, also called on its government to hold a new election, saying many Israelis have lost confidence in their government and it was "the only way to allow for a healthy and open decision making process about the future of Israel. 

Mr. Biden has supported Israel's right to defend itself in response to the Oct. 7 terrorist attack by Hamas, but has become more critical of Netanyahu's government amid a humanitarian crisis and increasing civilian death toll in Gaza. He is also facing pressure from some Democrats to stop arming Israel over its conduct during the war against Hamas. 

Just a thought.

Election..

 


Back..

 


Famine..

 

Speaking after talks with Israeli Prime Minister in Jerusalem, Scholz said he had shared his concerns about the high number of civilian casualties and insufficient aid reaching Gaza where aid agencies say famine is looming.
 Scholz added that he had spoken with Netanyahu about the need for conditions for the distribution of aid to be "urgently and massively improved". "We cannot stand by and watch Palestinians risk starvation," he said. "That's not us. That is not what we stand for."

Kill/Save..

 

         "Israel is a democracy... Israel is an ally of USA-"
The head of the U.N. Palestinian refugee agency (UNRWA) said on Sunday Israel had informed the U.N. that it will no longer approve UNRWA food convoys to the north of Gaza. "This is outrageous and makes it intentional to obstruct lifesaving assistance during a man-made famine.

Ok..