Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

From Trump Tower To Clinton’s Compound – Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates.

As dozens now vie for residence in the big white one of Pennsylvania Avenue, MarketWatch, courtesy of LoanDepot.com and CoreLogic, unveil the homes (since most own more than one) and mortgages of the 2016 presidential candidates. With homeownership rates at multi-decade lows, and the American Dream disappearing for most, it appears it pays to be in government – from Trump Tower and Clinton’s Compounds to Bernie Sanders’ underwater mortgages and Carly Fiorina’s five fireplaces…

Sen. Hillary Clinton (Democrat)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Chappaqua, N.Y.

Former President Bill Clinton and former Secretary of State and Sen. Hillary Clinton own a five-bedroom, four-bathroom Dutch colonial–style home in Westchester County built in 1889 that was assessed at $375,000 in 2014. The home at 15 Old House Lane has 5,232 square feet of living area. Public records show the home was purchased in 1999 for $1.7 million with an adjustable-rate first mortgage of $1.4 million, according to CoreLogic. Zillow estimates the market value today at $2.3 million. (The low tax assessment for the home compared with its market value is another example of New York state’s well-documented phenomenon of inconsistent tax assessment schedules.)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Washington, D.C.

The Clinton’s four-bedroom, six-bath (plus and two half-baths) home at 3067 Whitehaven St. in Washington, D.C., is two and a half stories with 5,152 square feet of living space and a brick exterior. Built in 1951 near Washington’s Embassy Row, the house was purchased by the Clintons in 2001 for $2.85 million, financing $2 million of that sum with a 30-year adjustable rate mortgage at 7.25% from Citibank with a down payment of $855,000. A Satisfaction of Mortgage filed in 2007 indicates it was paid off. The house was valued for the 2014 tax year at $5,049,180, and its projected assessment for 2016 is $5,225,900, according to CoreLogic. Zillow estimates the house to have a market value of $5.76 million.

Gov. Martin O’Malley (Democrat)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Baltimore

Martin O’Malley and his wife, Katie, purchased a four-bedroom, four-bath, 2,726-square-foot Tudor house at 5304 Tilbury Way in the Homeland section of North Baltimore in December 2014 for their family, which includes four children. They paid $549,000 in 2014, with a 30-year first mortgage of $494,100, according to CoreLogic. The two-story house was built in 1928 and has a stone fireplace, nine-foot ceilings and a cherry-paneled family room.

Sen. Bernie Sanders (Democrat)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Burlington, Vt.

A senator from Vermont and a former mayor of Burlington, Bernie Sanders and his wife, Jane O’Meara, have a four-bedroom, 2 ½-bath home in Chittenden County. The colonial-style home was built in 1981 and sold to Sanders in 2009 for $405,000, according to CoreLogic. The property has a 2013 assessed value of $321,900.

Washington, D.C.

Sanders and his wife also own a town house in the District. The 892-square-foot, one-bedroom, 1 ½-bath home with brick exterior was built in 1890. They bought it for $488,999 in 2007. The first mortgage was a 30-year conventional adjustable-rate mortgage for $391,200 at 5.88%. Records indicate there is also a $73,350 second mortgage on the property. The house has a taxable assessment of $480,970 for 2014 and a projected assessment in 2016 of $521,660.
* * *

Gov. Jeb Bush (Republican)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Coral Gables, Fla.

The former governor of Florida and his wife, Columba, live in the development of Almeria Row in Coral Gables, a suburb of Miami. They purchased their 3,485-square-foot, four-bedroom, four-bath town house in August 2011 for $1.3 million. Its assessed value in 2014 was $1.1 million. In July 2013, the Bushes refinanced their mortgage to a 30-year conventional loan for $754,000, according to CoreLogic.

Sen. Marco Rubio (Republican)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

West Miami, Fla.

The Florida senator, his wife, Jeanette, and their four children live in a four-bedroom, three-bath house in West Miami. The single-family home has 2,581 square feet of living area and was built in 2005. The Rubios paid $550,000. It has a porch, brick patio and swimming pool. After listing the house in 2013 for $675,000, the Rubios didn’t end up selling. In June 2015, they refinanced to a 30-year mortgage for $604,000. In 2014, the total value of the home was assessed at $430,936, according to CoreLogic and Zillow. Zillow estimates the house would sell today for $569,749.

Gov. Chris Christie (Republican)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Mendham, N.J.

New Jersey Gov. Chris Christie has been in office since 2010, but he, his wife, Mary Pat, and their four children don’t live in the official New Jersey governor’s residence. The family lives in their 6,979-square-foot house in Mendham, N.J., which they bought in August 1998 for $775,000. Public records show the first mortgage was for $300,000 — a conventional, fixed-rate loan. They have since refinanced five times. The most recent loan was recorded in October 2008 for $400,000 — it is a 30-year adjustable-rate loan. The property assessed in 2014 for a total of $1.9 million and a market value of $2 million, according to CoreLogic.

Gov. Bobby Jindal (Republican)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Baton Rouge, La.

The Louisiana governor and native of Baton Rouge still lives in his hometown — but not in a privately owned residence. Bobby Jindal and his wife, Supriya, and three children live in the state Governor’s Mansion, where they have resided since January 2008. The home was built in 1963 and has 12 bedrooms, 18 baths, two kitchens, a kitchenette, two dining rooms, a breakfast room and a receiving room for state affairs.

Sen. Ted Cruz (Republican)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Houston, Texas

The junior senator, his wife, Heidi, and their two daughters live in a two-bedroom, 2 ½-bath luxury high-rise condominium unit with views of Houston, including the skyline. The Cruzes’ 19th-floor unit has 2,049 feet of living area and was built in 2003. Cruz and his wife bought it for $837,500 in September 2008 and financed $670,000 of it with a conventional, 30-year adjustable mortgage. In March 2011, public records show they refinanced $417,000 to a 15-year fixed-rate loan, according to CoreLogic data.

Sen. Rand Paul (Republican)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Bowling Green, Ky.

The junior senator from Kentucky and his wife, Kelley, live in a four-bedroom, three-bath home with 4,206 square feet of living area. The white house with a gabled roof was built in 1994 and sits on a lush, tree-lined 1.99-acre lot. Its total value was assessed at $525,000 in 2014 with a land value of $257,500. In July 2014, the Pauls took a 10-year conventional mortgage out on the property for $172,500

Rick Perry (Republican)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Austin, Texas

James Richard “Rick” Perry and his wife, Anita, spent the past 15 years living in the Texas Governor’s Mansion. When he left office this past January, the couple moved to a two-bedroom, two-bathroom town house in Austin while a new home is being built in Round Top, a community about 70 miles from the state capital in Fayette County.

Sen. Lindsey Graham (Republican)

Seneca, S.C.

The South Carolina senator has been in office since January 2003 and has two residences: one in Washington and one in his home state. The latter is a 1,901-square-foot single-family ranch home in Seneca, S.C., built in 1989. He bought it for $164,000 in October 1993. In 2013, it was assessed at $213,230. A new, five-year conventional mortgage was recorded on March 2012 for $51,138.

Washington, D.C.

Graham also has a two-bedroom, two-bathroom 1,254-square-foot brick town house in Washington, D.C., that was purchased in 1997. Public records show the most recent mortgage is a 30-year conventional loan recorded June 21, 2012, for $207,000. The town house was assessed in 2015 at $560,910.

Donald Trump (Republican)

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates

New York City, N.Y.

Media personality and commercial property developer Donald Trump and his wife, Melania, live on Trump Tower’s top three floors, which are lavishly decorated in 24-karat gold and marble. The home was designed by Angelo Donghia in a style reminiscent of King Louis XIV with painted ceilings, ornate columns, opulent furnishings and crystal chandeliers. Trump took out a $100 million mortgage on the entire tower in 2012, New York City public records show.

Palm Beach, Fla.

The Mar-A-Lago Club in Palm Beach was initially a 126-room, 110,000-square-foot estate that Trump bought for $10 million in 1985. After a renovation, the home is said to have 58 bedrooms, 33 bathrooms, a 29-foot-long marble-top dining table, 12 fireplaces and three bomb shelters. Trump keeps private residential quarters at the club, which he calls his “home away from home.”

He transferred the property to Mar-A-Lago Club Inc. in 1995 with a $10 million mortgage, according to CoreLogic.

Source: Real Estate Investing Politicians: Homes Of The 2016 Presidential Candidates MarketWatch

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The Liberal Media Hates Trump

The Liberal Media Hates Trump – this is not news to his supporters.  We all know the media lies.  Their job is to sell subscriptions and advertising on 24-hour news, not to tell the truth. Even 50 years ago they were harassing conservative Presidents.  Eisenhower called them “sensation-seeking columnists and commentators.”

An sadly, the majority of Americans won’t read past the headlines.

I found this great, and very wordy article about WHY the media hates Mr. Trump.

In the feudal era there were the “three estates” — the clergy, the nobility and the commons. The first and second were eradicated in Robespierre’s Revolution.

But in the 18th and 19th century, Edmund Burke and Thomas Carlyle identified what the latter called a “stupendous Fourth Estate.”

Wrote William Thackeray: “Of the Corporation of the Goosequill — of the Press … of the fourth estate. … There she is — the great engine — she never sleeps. She has her ambassadors in every quarter of the world — her courtiers upon every road. Her officers march along with armies, and her envoys walk into statesmen’s cabinets.”

The fourth estate, the press, the disciples of Voltaire, had replaced the clergy it had dethroned as the new arbiters of morality and rectitude.

Today the press decides what words are permissible and what thoughts are acceptable. The press conducts the inquisitions where heretics are blacklisted and excommunicated from the company of decent men, while others are forgiven if they recant their heresies.

With the rise of network television and its vast audience, the fourth estate reached apogee in the 1960s and 1970s, playing lead roles in elevating JFK and breaking Lyndon Johnson and Richard Nixon.

Yet before he went down, Nixon inflicted deep and enduring wounds upon the fourth estate.

When the national press and its auxiliaries sought to break his Vietnam War policy in 1969, Nixon called on the “great silent majority” to stand by him and dispatched Vice President Spiro Agnew to launch a counter-strike on network prejudice and power.

A huge majority rallied to Nixon and Agnew, exposing how far out of touch with America our Lords Spiritual and Lords Temporal had become.

Nixon, the man most hated by the elites in the postwar era, save Joe McCarthy, who also detested and battled the press, then ran up a 49-state landslide against the candidate of the media and counter-culture, George McGovern. Media bitterness knew no bounds.

And with Watergate, the press extracted its pound of flesh. By August 1974, it had reached a new apex of national prestige.

In The Making of the President 1972, Teddy White described the power the “adversary press” had acquired over America’s public life.

“The power of the press in America is a primordial one. It sets the agenda of public discussion, and this sweeping political power is unrestrained by any law. It determines what people will talk and think about — an authority that in other nations is reserved for tyrants, priests, parties and mandarins.”

Nixon and Agnew were attacked for not understanding the First Amendment freedom of the press.

But all they were doing was using their First Amendment freedom of speech to raise doubts about the objectivity, reliability and truthfulness of the adversary press.

Since those days, conservatives have attacked the mainstream media attacking them. And four decades of this endless warfare has stripped the press of its pious pretense to neutrality.

Millions now regard the media as ideologues who are masquerading as journalists and use press privileges and power to pursue agendas not dissimilar to those of the candidates and parties they oppose.

Even before Nixon and Agnew, conservatives believed this.

At the Goldwater convention at the Cow Palace in 1964 when ex-President Eisenhower mentioned “sensation-seeking columnists and commentators,” to his amazement, the hall exploded.

Enter The Donald. The Liberal Media Hates Trump

His popularity is traceable to the fact that he rejects the moral authority of the media, breaks their commandments, and mocks their condemnations. His contempt for the norms of Political Correctness is daily on display.

And that large slice of America that detests a media whose public approval now rivals that of Congress, relishes this defiance. The last thing these folks want Trump to do is to apologize to the press.

And the media have played right into Trump’s hand.

They constantly denounce him as grossly insensitive for what he has said about women, Mexicans, Muslims, McCain and a reporter with a disability. Such crimes against decency, says the press, disqualify Trump as a candidate for president.

Yet, when they demand he apologize, Trump doubles down. And when they demand that Republicans repudiate him, the GOP base replies:

“Who are you to tell us whom we may nominate? You are not friends. You are not going to vote for us. And the names you call Trump — bigot, racist, xenophobe, sexist — are the names you call us, nothing but cuss words that a corrupt establishment uses on those it most detests.”

What the Trump campaign reveals is that, to populists and Republicans, the political establishment and its media arm are looked upon the way the commons and peasantry of 1789 looked upon the ancien regime and the king’s courtiers at Versailles.

Yet, now that the fourth estate is as discredited as the clergy in 1789, the larger problem is that there is no arbiter of truth, morality and decency left whom we all respect. Like 4th-century Romans, we barely agree on what those terms mean anymore.

 

 

This great article is from The Liberal Media Hates Trump, written by Conservative legend Pat Buchanan. With additional research from The Liberal Media Hates Trump on Zerohedge.

 

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5000 ILLEGALS caught at border last month

Build that wall, President Trump!  5000 ILLEGALS caught at border last month. It’s even worse that that – those were only the minors. Obama doesn’t count adults illegally sneaking across the US border.

Nearly 5,000 unaccompanied immigrant children were caught illegally crossing the US border with Mexico in October, almost double the number from October 2014, according to US Customs and Border Protection data.

Also, in the figures released Tuesday, the number of family members crossing together nearly tripled from October 2014 – from 2,162 to 6,029.

Illegal immigration has become a major issue among Republicans in the US presidential race. Billionaire Donald Trump has called for mass deportations, which some of his rivals criticize as an impractical plan that would hand Democrats a talking point as they seek to appeal to Latino voters.

The numbers spiked despite expectations of lower numbers due to the colder winter months coming, better enforcement along the border and efforts by Mexican authorities to stem the stream of Central American migrants to the US. Though tens of thousands of women and children from Central America were caught at the border in summer 2014, it had dropped by nearly half during the 2015 federal fiscal year that ended 30 September.

The 5000 ILLEGALS caught at border last month is the highest number that Washington DC-based thinktank Washington Office on Latin America has recorded for October since its records began in 2009, said Adam Isacson, a border expert and senior analyst.

The high numbers buck the typical trends of crossings peaking in spring then declining through summer and fall, Isacson said. But there was an uptick in families and children crossing in July, and the numbers have stayed over 4,000 each month since.

“Rather than a big jump, it’s been a steady burn,” he said. “I think we are almost in crisis mode with this many months of sustained arrivals.”

Most children and families trying to cross the border in October were from El Salvador. Increased violence in the tiny country, which averaged 30 murders a day in August, is likely partly to blame, Isacson said. Previously, Guatemala had the most families and children apprehended at the border.

While the Rio Grande Valley remains the center of migration flows in Texas, immigrants are starting to venture farther west. The number of unaccompanied children caught in Del Rio sector jumped from 120 to 237, while 187 children were apprehended in the remote Big Bend area, up from just 13 a year ago.

According to internal intelligence files from the Homeland Security Department, most families interviewed told Customs and Border Protection officials that smugglers decided where they would try to cross. They reported that the cost ranged from about $5,000 to cross the border near Matamoros or Reynosa, Mexico, across the border from the Rio Grande Valley, but was about $1,500 to $2,000 to cross near Ciudad Acuna, across the river from Del Rio.

The US was caught off guard by the sudden surge of children and families in 2014 and made several efforts to curb the flow of people crossing the border illegally, including media campaigns in Central America to scare people out of attempting the dangerous journey.

US Customs and Border Protection said in a statement this week that the campaigns are still in place and highlight that “those attempting to come here illegally are a top priority for removal”.

Immigrant families caught illegally crossing the border between July and September told US immigration agents they made the dangerous trip in part because they felt they were likely to succeed, according to the intelligence files. Immigrants spoke of “permisos”, or passes, that they believed would allow them to remain in the US.

Article from the Guardian, 5000 ILLEGALS caught at border last month.

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Putin Endorses Trump

Putin Endorses Trump.  Following his annual press conference in Moscow, Russian President Vladimir Putin gave a qualified endorsement of Donald Trump’s candidacy for the Republican presidential nomination on Thursday, saying he hoped Trump’s election could improve Moscow’s relations with the USA.

“He’s a really brilliant and talented person, without any doubt. It’s not our job to judge his qualities, that’s a job for American voters, but he’s the absolute leader in the presidential race,” Putin said after his annual press conference in Moscow, according to the Interfax news wire.

“He says he wants to move on to a new, more substantial relationship, a deeper relationship with Russia, how can we not welcome that? Of course we welcome that,” Putin added.

At a Republican debate in September, as Buzzfeed reports, Trump said his victory would ensure an end to Russia’s frosty rapport with the U.S. under President Barack Obama.

Putin Endorses Trump

“I would talk to him, I would get along with him,” he said. “I believe – and I may be wrong, in which case I’d probably have to take a different path – but I would get along with a lot of the world leaders that this country is not getting along with.”

“He does not like Obama at all. He doesn’t respect Obama at all. And I’m sure that Obama doesn’t like him very much,” Trump said of Putin in October. “But I think that I would probably get along with him very well. And I don’t think you’d be having the kind of problems that you’re having right now.”

On Morning Joe GOP presidential front-runner Donald Trump lavished praise Friday morning on Vladimir Putin, returning the compliments paid one day earlier by the Russian strongman to the billionaire builder.

Putin Endorses Trump

“He’s running his country and at least he’s a leader, unlike what we have in this country,” Trump said on MSNBC’s “Morning Joe.”

“When people call you brilliant, it’s always good,” Trump said Friday. “Especially when the person heads up Russia.”

When pressed on Putin’s human rights record, particularly allegations of killing journalists, Trump replied that the United States had blood on its hands, too.

“I think our country does plenty of killing also,” he said. “There’s a lot of stupidity going on in the world right now. Lot of killing going on, and a lot of stupidity. And that’s the way it is.”

Asked directly if he condemned Putin for silencing the media and political opponents, Trump replied, “Oh, sure. Absolutely.”

 

 

With files from Putin Endorses Trump

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Buy Stocks Like Oprah

Oprah Winfrey made $75 million in one day… here’s how you buy stocks like she did.  That was 4 weeks ago, now her gains are over $150 million.

Oprah announced this morning she bought 10% of the outstanding shares of Weight Watchers — a $43.2 million investment.

The stock soared from $6.79 Monday AM to $13.92 at the close of trading, grossing her a cool $75 mil.

The announcement Oprah was investing in the company made investors go crazy … the volume of shares traded was 70 times more than normal.

Amazing. This is the power of Oprah.

The TV personality announces she is forming a partnership with Weight Watchers International WTW, -5.62%  and the stock nearly doubles.

And that means Oprah had already made a profit of more than $75 million on the deal before you’d even finished your morning coffee.

Nice work. This is how you Buy Stocks Like Oprah:

Under the terms of the agreement, Oprah is teaming up with Weight Watchers for at least five years. She’s endorsing Weight Watchers products and the program. She will also join the board. And as part of the deal, the company sold her 6.36 million shares at Friday’s closing price of $6.79, plus the option to buy another 3.5 million shares in due course, at $6.97 each, if she wants to.

Rule 1: If you want to make money, don’t just be a salaried schmuck. Take equity.

You can see why Wall Street reacted the way it has when a celebrities buy stocks.. Weight Watchers has been in a deepening crisis for years. The stock peaked at $80 in 2011. Last week it was below $7. Weight Watchers has been wrong-footed by the rise of mobile-fitness and calorie-counting apps on smartphones, and of fitness devices like the Fitbit FIT, -0.14%  wristbands. The company was late in understanding the threats that mobile technology posed to its business and in responding to them.

If anyone can rescue Weight Watchers, that would be Oprah. No one has greater influence among those struggling to lose the pounds and keep them off, especially with women. Oprah herself has fought her own battles with the bulge over the years.

Buy stocks

“What this brings is an unprecedented level of commitment and credibility that we haven’t seen from previous celebrity endorsements,” says R.J. Hottovy, an analyst at Morningstar. The Oprah deal “reconnects with (the company’s) core constituency.”

Will this save the company? We’ll have to wait and see. It’s hard to see how anyone sustains a real competitive advantage in this industry in the age of apps and the Internet.

Weight Watchers used to have a brilliant system for counting calories by means of “points.” Under the old system, you counted one point for every 70 calories, and one point for every four grams of saturated fat. The number of points you could eat each day, and each week, depended on your age, sex and weight. So long as you stuck within your points, you’d lose weight.

It was a really, really simplified way of tracking calories. It sounds too simple. But, personally, I lost about 50 pounds using this system and I’ve kept 40 of them off. No other dietary system has worked as well.

The problem, of course, is that in the age of the Internet, anyone can learn about points and use the system themselves without paying Weight Watchers a penny. The company tried changing the points system and making it more complicated. It doesn’t seem to have helped.

Weight Watchers’ golden goose used to be the weekly meetings. Paying members who were fighting their waistlines benefited from peer pressure and encouragement as well as from professional leadership and guidance. But since 2008, the number of people attending weekly meetings worldwide has nearly halved, from 1.4 million to 800,000.

Will calorie-counting apps and wristbands work as well as meetings? It’s hard to see how. The missing ingredient for many of those trying to lose weight is discipline. No app or wristband is going to stop you from eating chocolate cake if you want to.

Weight Watchers’ operating cash flow has slumped from $400 million in 2011 to just $230 million last year. At $12 a share, the company’s equity is valued in total at around $700 million. But it also carries about $2.5 billion in net debt.

see how she’s doing now: http://www.marketwatch.com/investing/stock/wtw?mod=MW_story_quote

 

Marketwatch: Buy Stocks Like Oprah

Graphic from USA Today: Buy Stocks Like Oprah

 

 

Buy Stocks

 

Buy Stocks

 

Buy Stocks

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Donald Trump has spent only $2 million on his entire campaign

Donald Trump has spent only $2 million on his entire campaign. That’s brilliant.

Note: The above chart compares the amount spent by Donald Trump through September to the amounts spent by the other candidates through June. So even over the longer time period, Trump has spent far less than his opponents. With that out of the way…

MSNBC reported Tuesday morning that aides to Donald Trump estimate that the real estate mogul has spent roughly $2 million on his 2016 presidential campaign to date. That’s consistent with a Wall Street Journal report from over the summer that Trump had loaned his campaign $1.8 million and raised another $100,000 for the effort.

That’s stunning. And brilliant.

Trump has been the dominant force in the Republican presidential race for, at least, the past four months. (He officially became a candidate June 16.)  On any given Sunday, he is appearing on or phoning into some — if not all — of the Sunday talk shows. According to Facebook’s new Signal interface, Trump is responsible for 80 percent (or more) of the conversation around the 2016 presidential race on any given day. The first two Republican debates netted 24 million and 23 million viewers, respectively — totals that Trump, rightly, attributes to his presence in the race.

All of that attention has catapulted Trump to the top of virtually every national and early-state poll released in the last few months — all without Trump ever having to dip into his pocket in any meaningful way. (For someone who is a billionaire, which Trump definitely is, $2 million is roughly the income hit of me buying a pumpkin spice latte.) Remember that Trump, as recently as August, pledged that he would spend as much as $1 billion of his own money on the campaign; “I make $400 million a year, so what difference does it make,” he said in response to reporters’ questions at the Iowa State Fair.

Trump is the living, breathing example of publicity that you just can’t buy. And, to his credit, he’s acknowledged as much. Trump told the New York Times last month that he had planned to spend $15 million on campaign ads over the summer but decided not to since he was getting wall-to-wall media coverage without spending a dime. “I’ve gotten so much free advertising, it’s like nothing I’d have expected,” he told the Times. “When you look at cable television, a lot of the programs are 100 percent Trump, so why would you need more Trump during the commercial breaks?”

The fact that Donald Trump has spent only $2 million on his entire campaign to date will reinforce the idea, rampant among the frustrated Republican establishment, that the media is Trump’s best friend and is largely responsible for his rise. I’ve written before on why I think that misses the mark and robs Trump of some of the credit he deserves for assessing the political-media landscape and capitalizing on it. (Make sure to read the counter-argument on the media’s role in Trump’s rise by my colleague John Sides here.)

What’s clear is that Trump is playing the game better than anyone else at this point. Is he gaming a political system that prefers simple answers to complex ones and a media world that puts ratings and clicks at the top of its priority list? Absolutely. But, that’s the brilliance of Trump’s campaign to date. He’s recognized that as a celebrity with a massive following on Instagram and Twitter, he can dominate the political conversation without spending any real money in the process.

Will Trump be able to continue to float above the GOP crowd on free publicity alone? Maybe not. But did you think he would have made it this far by spending only $2 million? Me neither.

Original Article Donald Trump has spent only $2 million on his entire campaign From The Post

 

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Police union endorses Trump

Police union endorses Trump – the Republican presidential candidate, Donald Trump flashes thumbs up after being endorsed at a regional police union meeting after Promising The Death Penalty For Killing An Officer.

Speaking to a powerful police officers’ union in New Hampshire Thursday night, Republican frontrunner Donald Trump vowed that if elected, one of his first actions in office would be signing a particular executive order. “Anybody killing a policeman, a policewoman, a police officer, anybody killing a police officer: Death penalty is going to happen, okay?” he told the cheering crowd. “The police and the law enforcement in this country — I will never ever let them down, just remember that.”

Trump did not say how the executive order would work in the 19 states that have banned the death penalty. In states that have the death penalty, killing an officer is often already considered an “aggravating factor” in deciding whether a defendant will be eligible for capital punishment. Trump also voiced support for police acquiring and using military equipment, calling President Obama’s work to scale back access to such weapons and tactical vehicles in the wake of unrest in Ferguson, Missouri “a tremendous mistake.”

The New England Police Benevolent Association, which has about 5,000 members across New Hampshire and Massachusetts, endorsed Trump at Thursday night’s event, telling reporters they selected “the candidate who best serves our membership.”

Executive Director Jerry Flynn added, “Listen, our message very clear: It’s what is the next president of the United States going to do to unite this country in an effort to save police officers? Because it’s open season on police officers.” The number of officers killed on the job, however, is the lowest it has been in decades. More people were killed by police in the first week of September alone than the number of officers killed in all of 2015.

Trump’s popularity in the Granite State has never been higher, as the candidate has climbed to 27 percent in the polls following his declaration that all Muslims be barred from entering the United States.

Yet outside the hotel Thursday night, hundreds of protesters gathered to denounce both Trump’s anti-Islam remarks and the police union’s endorsement of a campaign increasingly aligned with white supremacist beliefs. Holding signs reading, “Shame on the police union!!!” and “NH police endorse racism,” the demonstrators called out Trump’s controversial remarks about Muslims, refugees, and Mexican immigrants, warning that such rhetoric is already leading to “an increase in fear and threats.”

In the last few weeks alone, there has been a major spike in physical and verbal attacks across the U.S. against Muslims and those perceived to be Muslim — including the shooting of a cab driver in Philadelphia, death threats against a member of Congress, and an assault on a store owner in Queens.

 

 

Original Article Police union endorses Trump

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21 Unusual Facts About Billionaire Politician Donald Trump

He’s a man who almost needs no introduction — business magnate, real estate developer, reality TV mogul and now politician Donald Trump has set the U.S. presidential race on fire. You might know him from the society pages, or as the man who gamified the business world with his hit show The Apprentice. But check out these 21 Unusual Facts About Billionaire Politician Donald Trump:

  1. Trump has taken the strongest and most talked about stand on the issue of illegal immigration in the presidential race so far. His mother, Mary Anne MacLeod, was a Scottish immigrant, while his paternal grandparents immigrated from Germany.
  2. Donald was groomed to succeed in real estate by his father, NYC developer Fred Trump. He worked at his father’s firm while attending the Wharton School at UPenn, then joined the firm after graduation.
  3. Trump was able to avoid the Vietnam War draft thanks to four student deferments and a medical deferment. He’s taken a lot of heat over this since slamming John McCain as a phony war hero because he was captured in Vietnam. However, he did attend New York Military Academy, where he was a star athlete and student leader by graduation in 1964.
  4. One of the first real estate deals The Donald became involved with was the overhaul of a foreclosed 1200-unit apartment complex in Cincinnati, circa 1962. With just a $500,000 investment on the $5.7 million property, Elizabeth Trump and Son (the family business) took Swifton Village from 66% to 100% occupancy in two years. It sold for $6.75 million in 1972.
  5. In 1971, Trump moved to Manhattan and really started catching the attention of the public with his bold architectural designs on larger building projects.
  6. By 1973, Trump was in his glory — at just 27 years old, he was running the Trump Management Corporation out of Brooklyn and oversaw the company’s 14,000 apartments across Brooklyn, Queens and Staten Island.
  7. In a 1976 article, New York Times columnist Judy Klemerud describes The Donald, now widely mocked for his signature comb over, as such: “He is tall, lean and blond, with dazzling white teeth, and he looks ever so much like Robert Redford. He rides around town in a chauffeured silver Cadillac with his initials, DJT, on the plates. He dates slinky fashion models, belongs to the most elegant clubs and, at only 30 years of age, estimates that he is worth ‘more than $200 million.’”
  8. In 1977, The Donald married his first wife Ivana, a model and alternate on the Czech Olympic Ski Team. The following year, they had the first of their three children. Ivana was heavily involved in the family business and was named vice president in charge of design.
  9. Trump seriously embarrassed Edward I. Koch, then mayor of New York, in 1978 by leaking information about a real estate deal to the media. Koch first said the New York Times article reporting that a new convention center would be built on land on which Trump had a right-to-buy was baseless. However, a month later, Trump was vindicated when his site was announced as the one chosen for the project.
  10. The Donald impressed when in 1986, he took over the management of the repairs to the Wollman Rink in Central Park. The project, expected to take 2.5 years, had lagged on for almost six years — Trump completed it within 3 months and came in $750,000 under-budget.
  11. Trump acquired the Taj Mahal Casino in 1988 and it was then that early warning signs of impending doom for his business became apparent. The following year, Trump financed his third casino build primarily with junk bonds in a much-maligned deal that contributed to his eventual business bankruptcy.
  12. By 1991, Trump had accumulated a great deal of debt and was forced to divyie up his wealth, properties and toys among banks to whom he owed billions. TIME magazine reported that American Express got his 282-foot yacht, Citicorp took some retail business and an airline, and Bankers Trust was left with the Grand Hyatt in Manhattan.
  13. The late 1990s fared far better for The Donald, who completed construction on the massive and impressive Trump World Tower across from UN Headquarters in 2001.
  14. In 2005, he sued the writer of a book for citing anonymous sources as saying Donald Trump’s net worth ranged from $150 million to $250 million. He claimed that erroneous information caused him to lose out on deals around the globe.
  15. The Trump brand, as developed by The Donald, spans a wide variety of industries including real estate, hospitality, entertainment, mortgages, restaurants and catering, ice cream, online travel, menswear, fragrance, golf, home furnishings, transportation, model management, vodka and more.
  16. How much is Trump really worth? In 2007 court proceedings over the defamation case Trump launched against the book author mentioned above, he told the court, “My net worth fluctuates, and it goes up and down with markets and with attitudes and with feelings, even my own feeling.” Today, Forbes puts his real-time net worth as of August 16, 2015 at $4 billion, putting him at #405 on the world’s billionaires list. This means Trump is only slightly less wealthy than Elizabeth Holmes ($4.5 billion) and Richard Branson ($4.8 billion). Trump has insisted over the years that his actual net worth should include the value of his brand. In his 2011 book Time to Get Tough: Making America #1 Again, Trump published a professionally prepared financial statement pegging his own net worth at $7 billion, further feeding the controversy over his true net worth.
  17. Despite Forbes’ estimation of his 2015 net worth as $4 billion, on June 16, 2015, Trump released professionally prepared financial statements to the media that stated a net worth of $9 billion. Later that day, he announced that he would seek the Republican presidential nomination and emerged as the wealthiest candidate. He’s also recently stated that his annual income is $400 Million.
  18. Trump has dabbled in sports and once served as financial adviser to Mike Tyson. He also purchased the United States Football League’s New Jersey Generals in 1983, sold the team, and bought it back before the 1984 season.
  19. Like his father before him, Trump has groomed his children for success in the family business. You might recognize them from appearances on The Apprentice, but his children run a substantial portion of his business.
  20. Trump has received two Emmy nods for his work in television.
  21. Prior to his run for the presidential nod for the Republican party, Trump financially supported both the Democrats and Republicans over a period of two decades. He’s currently #1 in the polls for the Republican nod.

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How Business Credit Reporting Works

A business credit report shows information about a business, its operations and financials. This is a guide to how business credit reporting agencies work.

Lending money to businesses is risky for banks, suppliers, and other creditors. For any lender, it’s all about discovering how to extend credit or a loan profitably while being able to distinguish the good credit risks from those who are unlikely to repay. Large lending institutions like banks, creditors and small businesses all have the same risks when they extend credit/loans to businesses.

Lenders work to minimize the risk of these loans or lines of credit by evaluating the credit history of the business via a business credit report. A business credit report can reveal a great deal of information about a business, its operations, financials, and many aspects of its borrowing activities. All of this information can play an integral role in a company’s ability to acquire financing. If a company has poor payment history, then the lender may deny the business a loan or may charge the company a higher interest rate.

A company’s credit history is compiled and maintained by companies called business credit reporting agencies. You may be familiar with consumer credit reporting agencies that collect credit history on individual consumers. However, business credit reporting agencies collect credit history on businesses from credit card companies, suppliers, banks, and other creditors to create in-depth business credit reports. The information in those reports is also used to calculate a company’s business credit rating.

A business credit report lists what types of credit a company uses, the length of time the accounts have been open, and whether the company has paid its bills on time. It tells lenders how much credit a company used and whether it is seeking new sources of credit. It gives lenders a broader view of a company’s credit history versus other data sources; such as a bank’s own customer data.

Business credit reporting agencies such as Dun & Bradstreet®, Paynet®, Experian® Business and Equifax® Small Business are powerful companies. One negative mark on a company’s report can cripple its borrowing power for years and may cause the business to receive less than favorable credit terms and interest rates. What’s also important to note is business credit reports are regularly requested by investors, insurance companies, and potential business partners. So it is essential for a business owner to understand how business credit reporting agencies work and to monitor their company reports regularly.

Every time a company applies for credit, the bank, credit card issuer, supplier or creditor initiates a credit inquiry to one or more business credit reporting agencies to review a company’s credit report and rating. They will decide whether or not to extend credit or a loan – and at what interest rate – mainly based on the credit history reported by those agencies.

Here are 12 ways a business credit reporting agency collects its information:

  1. Payment and banking data from suppliers and creditors
  2. Suits, liens, and judgments
  3. Uniform Commercial Codes (UCC Filings)
  4. Business registrations (state, city, county courts)
  5. Incorporation and bankruptcy filings from state and country courts
  6. Corporate financial reports
  7. Contracts, grants, loans, and debarments from the Federal government
  8. Internet web mining
  9. News and media stories and company press releases
  10. Yellow pages and other print directories
  11. Direct investigations and interviews with company principals (self-reported data)
  12. Other companies that have granted a company credit

Remember, business credit reporting agencies are storehouses of collected credit information on millions of businesses throughout the country and the world. It’s vital for business owners to review and ensure the information being reported about their businesses is accurate and up to date. Since business credit reports and ratings are constantly changing based on a variety of criteria, consider using a business credit monitoring service so you can keep a close eye on changes to your report. Doing so will enable you to be prepared by knowing what suppliers and creditors will see when they review your business credit report.

 

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Why Obama spared ISIS oil

Dick Morris: Why Obama spared ISIS oil

Last week, on the “Charlie Rose” show, former Obama CIA Director Mike Morell dropped a bombshell that was little noticed by the media. He said that the reason President Obama did not bomb the oil fields now controlled by Islamic State in Iraq and Syria (ISIS) was that he did not want to cause environmental damage.

Morell said that “we didn’t go after oil wells, actually hitting oil wells that ISIS controls, because we didn’t want to do environmental damage and we didn’t want to destroy that infrastructure.”

Check out this Great video of Russia bombing ISIS Oil.

If ever a statement by a former administration official offered a glimpse into the looney priorities of the Obama administration, this is it! We did not bomb the oil fields upon which ISIS depends for the bulk of its revenue because of our concerns about adding to the carbon emissions that promote global warming (in the desert).So we let ISIS rake in millions of dollars every day, selling about 100,000 barrels of oil at an average of about $20/barrel (discounted) for a take of $2 million every day. ISIS may be led by radical, crazy jihadists, but the rank and file of the ISIS military is reported to be paid soldiers fighting for money. Cut off the money and you cut off the army.

But Obama put the minor, incremental damage of destroying the oil fields ahead of the need to stop ISIS from rampaging through the Western world, killing people at random. He apparently worried that the effects of destroying the oil wells could be severe.

This kind of environmental fantasizing was in vogue during the Gulf War, when Saddam Hussein’s destruction of all of Kuwait’s oil fields was thought to be likely to cause huge damage. Paul Crutzen, a noted atmospheric scientist, predicted that a “nuclear winter” might ensue with a cloud of smoke covering half the Northern Hemisphere for at least 100 days. Carl Sagan argued that the effects of the destruction of Kuwaiti oil fields could be comparable to the explosion of the volcano Tambora in 1815, which produced “a year without summer.”

It never happened.

Scientist Patrick K. Dowling wrote, in his study “The Meteorological Effects of the Kuwaiti Oil Fires,” that the smoke only affected the weather pattern throughout the Persian Gulf and surrounding region during the periods that the fires were burning in 1991. A 1992 study found that emissions of carbon dioxide were only 2 percent of global emissions. Big deal.

Remember that Kuwait produced about 2 million barrels per day before the Gulf War — at least 10 times as much as the ISIS oil wells generate. The Kuwaiti fires dwarf anything destroying the ISIS oil wells would produce when it comes to any harmful environmental effects.

Why isn’t Obama using our air power to attack tankers carrying ISIS oil to refineries in Turkey? Again, we wanted to fight the world’s first green war. As Morell put it, “There seemed to have been a judgment that, look, we don’t want to destroy these oil tankers because that’s infrastructure that’s going to be necessary to support the people when ISIS isn’t there anymore and it’s going to create environmental damage.”

Once again, Obama wants to fight terrorism, but everything else comes first.

Morell noted that the administration didn’t even want to hit oil trucks carrying fuel from ISIS oil fields.

To enter the mind of Barack Obama and see the low priority he accords fighting terrorism is to see a nightmare unfolding. How can we trust him to keep us safe and to keep out ISIS terrorists who have so thoroughly infiltrated the ranks of Syrian refugees?

With Obama, protecting Americans from terror comes in last in his list of priorities.

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