Saturday, October 06, 2018

Stephen King reminds us...

An important tweet from Stephen King:
When Al Franken was accused of sexual impropriety, Susan Collins demanded he resign. Without a hearing.
I've said it before and I'll say it again: "Me Too" is a weapon that works against Democrats, never Republicans. Trump supporters simply do not care.

A couple of the responses to that tweet are of interest...

Intrigued by that image? This story offers details.
Deutsche Bank loaned President Donald Trump over $1 billion for his real-estate projects while Supreme Court Justice Anthony Kennedy's son led a real-estate division there, The New York Times reported Thursday.

Justin Kennedy was the global head of the real-estate capital markets division of Deutsche Bank, which loaned to Trump when other banks wouldn't.

Anthony Kennedy's retirement next month will give Trump an opportunity to shift the balance of the Supreme Court to the right.
I will add this: Trump's relationship with Deutsche Bank had actually been quite rocky -- so very rocky that Trump actually sued the bank for three billion dollars on particularly bizarre grounds.
When Donald Trump sued Deutsche Bank in late 2008, it was “classic Trump”, according to the German bank, which sued him back.

The New York property developer was trying to wriggle out of $40m of personal guarantees he had supplied on a $640m loan to build Trump International Hotel & Tower in downtown Chicago. The Lehman Brothers crisis was an unimaginable event that should get him off the hook, he argued. The future US president sought damages of $3bn — because the Deutsche-led consortium of lenders had just played a part in wrecking the world economy.

The two sides sparred for a while before settling out of court.
I don't care how much money you have -- if you sue a bank for three billion, that bank won't want to do business with you ever again. And this is particularly true in the case of a man like Donald Trump, whom most other banks have long avoided like the plague.

Trump gets loans not from Deutsche Bank per se but from a subsidiary set up for "special" customers, presumably those backed by the Russians.
Last week, Deutsche Bank, the struggling financial giant that is Donald Trump’s biggest lender, anointed a new CEO, a longtime executive named Christian Sewing. He’s worked in a number of roles at the bank, but what’s significant about his résumé is the job he held prior to his promotion: He oversaw the firm’s private bank, the division that caters to high-net-worth clients and has loaned Trump’s company hundreds of millions of dollars over the years, when few lenders (including Deutsche Bank’s own commercial lending arm) would do business with the bankruptcy-prone businessman. According to Trump’s financial disclosures, he has loans with the bank totaling as much as $364 million.

8 comments:

Anonymous said...

Yes, The Kennedy resignation has been on my mind, too.

I hope that rat enjoys a long, long sentient retirement in which he can enjoy the destruction he has wrought.

Tom

Anonymous said...

You are missing the point of what happened with Blasey Ford. Her accusations are plausible and were ignored. She didn't appear as a political operative of the Democratic party, as accused by the right. She appeared because what happened to her was unforgiveable in a nominee for the Supreme Court.

You are thinking about this in terms of partisan politics -- accusations cooked up and used against people as weapons. Women are thinking about this in terms of real people who had bad experiences that shouldn't be ignored. This isn't about manipulation and accusation for women. It is about justice and inclusion of the issues women care about, recognition of the problem of violence against women by men.

So, the more you talk about this in terms of ploys and machinations to attack candidates, the more you irritate women, because it shows you are not taking their concerns seriously, and women vote. This should be a non-partisan issue, but the more Democrats act like Republicans, treating assault as if it were a political dirty-trick of some sort, the more you risk alienating an important faction in the Democratic attempts to take back Congress.

So, keep this up Joseph. You are part of the problem every time you whine about Al Franken, who resigned because he had problems in his past, not because women or Republicans took him out. It used to be party before gender issues, now it is gender first and party second. Women aren't going to set aside their anger this time around. If Democrats listen to women, they can win. If they don't, women will not be placated.

Don't bother telling me to get a nym. Why would I want to attract the kind of harrassment women's comments attract on the web?

Anonymous said...


Hopefully the Mueller Team will have something to say about the successful smear job which deposed Trump's fiercest opponent in the US Senate. The affair reeks of obstruction of justice, with wisps of the foul stench of Roger Stone and Sean Hannity. Somebody must be looking under this rock.

chum'sfriend

Mr Mike said...

Will Robert Mueller be able to finish his report before Trump shuts him down with help from the Koathanger Kavanaugh Kourt?
The first order of business for a Democratic majority House should be publishing all of the testimony from the Intelligence Committee hearings. The second order should be the Judiciary Committee taking statements from all the people who came forward with information on Koathanger Kavanaugh.
This means anybody but Nancy Pelosi for Speaker as she has made it known she's for letting Trump and Kavanaugh off the hook. Shades of 2007's Impeachment is off the table.

Joseph Cannon said...

Anon 6:58: What you wrote has nothing to do with what I wrote. There's no point in arguing with someone who hallucinates words that are not there. Perhaps you should consult the services of a mental health professional.

Anonymous said...

@9:16 AM Joseph, this is called gaslighting. Have you not learned in your long life not to call women crazy when you disagree with their views?

Joseph Cannon said...

I've called plenty of males crazy, both in my private life and in these pages. Why should standards differ when dealing with females?

J.D. said...

The case against Franken would have fallen apart in 10 minutes if it had been subjected to any serious analysis. None of the accusations against him were vetted. The first charge came from a right-wing radio host with ties to Roger Stone, and the second one came from a Trump supporter. The rest of them were mostly anonymous accusations that ran in worthless clickbait-machines like Jezebel and the Huffington Post.

If Franken had been an actual abuser, the stories would have kept coming after he stepped down. They stopped the day he announced he was resigning. There literally has not been a single accusation against Franken -- supposedly a man who gropes or harasses every woman he comes into contact with -- since that day. I guess they could all be keeping silent for some mysterious reason, but the most obvious conclusion is that the stories were largely bogus, and that they were cooked up to get Franken out of office.