While Wall Street panic buys stocks again, on hopes Washington can pass the next round of much-needed economic stimulus, the broader commercial real estate market continues to implode and nowhere more so than the epicenter in New York City, where nearly 6,000 business closures, has resulted in a 40% eruption in bankruptcy filings across business districts of all five boroughs this year, reported Bloomberg.
Al Togut, a bankruptcy lawyer who has handled insolvencies for small firms to mega-corporations, said, “by late fall, there will be an avalanche of bankruptcies … When the cold weather comes, that’s when we’ll start to see a surge in bankruptcies in New York City.”
The coming wave of business closings, as explained in “Old Man Winter To Plunge Restaurants Into Further Chaos,” is set to crush eateries and other small businesses in NYC ahead of the holiday season.
“It’s a crisis, and we need to act—our economy can’t recover without saving small businesses,” said NYC Comptroller Scott Stringer, a candidate in next year’s mayoral election.
“When they close, we don’t just lose our beloved Main Street businesses. We lose jobs, tax revenue and the economic backbone of our city,” Stringer said.
A Joe Biden supporter outside the venue of last night’s debate in Cleveland who said she wanted to “kill all men” also let slip that she has daddy issues.
The exchange occurred during a live stream by YouTuber Baked Alaska a few hours before the Trump-Biden debate showdown began.
After Baked Alaska made clear that he was a Trump supporter, the young woman launched into a feminist rant about how much she hated men and loved abortion.
“Kill all men, I do believe in that,” said the woman.
“You believe in kill all men?” asked Baked Alaska.
“I do believe in that, yeah,” she re-affirmed.
In February we reported on Minnesota Representative Ilhan Omar’s second largest donor, Basim Omar Sabri, a convicted felon who owns millions in property that is dilapidated and unsafe, receiving over 180 regulatory violations.
Police made two dozen arrests late Monday night into early Tuesday morning following another violent demonstration in Portland, where protesters sprayed five officers with a chemical irritant and assaulted a Portland police sergeant.
Authorities responded to an unpermitted march on Monday night, observing activists equipped with shields, body armor, and helmets.
“The posture of the gathering suggested that it would become violent, as many such gatherings have been over the past 120-plus days,” the Portland Police Bureau reported.
Officers “moved into the park and seized numerous shields,” leading to some arrests. Authorities warned protesters to refrain from blocking traffic and informed them that the sidewalk in front of the Portland Police Bureau remained closed, to no avail. Protesters still attempted to block streets, prompting officer action, which was met with “violent resistance.”
That radical Marxist clown who said two days ago, clearly referring to Trump Supreme Court nominee Amy Coney Barrett, that white people adopting black children is an act of white supremacy? Yeah, super woke Twitter CEO Jack Dorsey donated $10 million to him a month ago.
Not the Bee
Philadelphia on Tuesday opened 15 new satellite offices as early voting sites.
According to a Philly inquirer reporter, there was a delay in opening the satellite offices Tuesday morning due to “computer issues.”
There was reportedly a problem with the state’s voter database.
When Michael Flynn heads to court for his final sentencing hearing today, a lifetime of respected national service will hang in the balance on what is said and done. I am not talking about Flynn but of Judge Emmet Sullivan. There is no issue over the dismissal of the charge of Flynn lying to federal investigators. The only issue is whether, just before an election, Sullivan will use the hearing as a forum for injudicious commentary.
I have practiced law for years before Sullivan and praised him for his demeanor and record as a judge. He has served with distinction since 1994 in cases ranging from Guantanamo Bay detainees to the flawed prosecution of Ted Stevens to the emails of Hillary Clinton.
Then came the case of Flynn, who was charged with a single count of lying to federal investigators. Such a charge ordinarily would result in a short sentencing hearing. Flynn fought the charge but, after exhausting his assets and facing threats by prosecutors to target his son, he agreed to plead to one count. Even the uncooperative witness like Alex Van Der Zwaan received only 30 days in prison on a similar charge related to the investigation by former special counsel Robert Mueller.
A Minnesota state representative says he went to Project Veritas with the Ilhan Omar ballot harvesting allegations because the FBI stonewalled him entirely.
State Rep. Steve Drazkowski said he first shared the information with the FBI, but the bureau’s response was “languid.”
“I was not convinced that they were going to do an investigation,” he told political commentator Michelle Malkin. “The only other organization that I could think of that would bring it to the surface was Project Veritas.”
This isn’t surprising given how the FBI’s culture under Christopher Wray (pictured above) hasn’t changed much from the days of his predecessor James Comey.
Ilhan Omar Implicated in Cash-For-Ballot Scheme
The FBI Has No Credibility
The Chinese government invited then-astronaut Mark Kelly, now an Arizona Democratic Senate candidate, to an all-expenses-paid retreat at a countryside resort in 2003. He left China five days later not only with a future spouse, former Rep. Gabby Giffords (D., Ariz.), but also with lucrative regime business contacts.
Kelly attended the annual Young Leaders Forum, a five-day junket cohosted by the Chinese People’s Institute of Foreign Affairs, which is “under the leadership of the Communist Party of China.” The conference allowed Kelly an opportunity to mingle with high-profile Communist Party officials and rising stars in Chinese society. Attendees included Cui Tiankai, now Chinese ambassador to the United States; Fang Xinghai, former director of the CCP’s top committee on the economy; and Zhou Mingwei, the party’s former top foreign propaganda honcho.
China analyst Gordon G. Chang said that party connections—such as those Kelly fostered—are “absolutely essential” for securing Chinese business deals.
Gabby Gifford’s Anti-Gun Husband Hones in on the Late John McCain’s Seat
SpaceX and Tesla founder Elon Musk has said that neither he nor his family will likely take future coronavirus vaccines even when they are readily available, saying the pandemic has “diminished [his] faith in humanity.”
Speaking during a podcast interview with Kara Swisher, 49-year-old Musk stated that neither he nor his children are at risk for Covid-19 and therefore would be unlikely to need the vaccine.
“This is a no-win situation. It has diminished my faith in humanity, this whole thing… The irrationality of people in general,” Musk said.
He also decried lockdowns across the globe and in the US in particular, having previously referred to them as “unethical” and “de facto house arrest.”