Friday, September 27, 2024

Never Complained..

 


Donald Trump had a decent day in court on Thursday, as his lawyer pressed a panel of New York state appellate judges to upend the massive, nine-figure fraud ruling against the former president and his business empire. If the judges’ pointed questions to the state are any indication, then there’s a chance that New York Attorney General Letitia James’ stunning trial victory earlier this year could be curbed.

Part of the issue boils down to how broadly James used a state law to go after Trump, given that it wasn’t a case where victims were conned and then complained to the government about it.  

The hearing got off to a rough start for the state’s lawyer. Before she could say much at all, one of the judges jumped in to ask whether there had ever been a case where the attorney general sued under the state executive law

to upset a private business transaction that was between equally sophisticated partners, where the supposed victim had the ability and legal obligation to discover the allegedly misrepresented matters by conducting its own due diligence; where the supposed wrongdoer advised the supposed victim, through written disclaimers, to conduct its own due diligence and to draw its own conclusions; where the alleged misrepresentation almost entirely concerned inherently subjective valuations of properties and businesses; and where the victim never complained about any fraud.”

Instruction..

 



Wednesday, September 25, 2024

Now..



Independent Senator Joe Manchin [Used to be Democrat] said he cannot back Vice President Kamala Harris for president after she said she supports ending the Senate filibuster to pass abortion protections in Congress. 

The outgoing West Virginia lawmaker who caucuses with Democrats has been one of the few holdouts to endorse Harris with just over 40 days to go before the election.

Tuesday, September 24, 2024

Relax..

 

Janet..

 

Yell-In



In an op-ed written in the Wall Street Journal, the top economic official signaled the U.S. is on the right economic path and touted the policies implemented in the Biden administration over the last three and a half years. But she also warned the U.S. needs to stay on track.

'Risks remain, but the data suggest that we’re on the path to a soft landing,' Yellen wrote just days after the Federal Reserve announced its largest interest rate cut in more than sixteen years.

Yellen pointed out that inflation has come down significantly from its peak while the U.S. unemployment rate remains at a near historic low. She also argued economic growth has been strong. 

 'Veering off course could jeopardize our economic trajectory,' Yellen wrote. 

Comment:

This is the same Secretary that 3 years ago said the inflation is transitory, that followed by 10% inflation for 3 years...Just a thought.