Business Politics

Tell the "capitalists" no more Chapter 11 protection.

Tell the "capitalists" everything they own will be up for grabs should their business venture fail.

We need entrepreneurs, alternatives to mega corps, and even risk takers. But when a "capitalist" can have six (seven?) bankruptcies, with more likely to come, while maintaining $180M to $220M in cash and liquid assets, something is seriously wrong.

^ BTW, NPD Trump is just a glaring and convenient example. The list of misguided Chapter 11 protections is extremely long.

 

This reminds me of a married person who
cheats with a cheating spouse who is known for
being indiscriminate and a homewrecker,
expecting discretion and fidelity.

 

Amid Twitter turmoil, Musk takes stand in $56 billion Tesla pay trial

Did Elon Musk use manipulation to cut himself an unethical & possibly illegal compensation package?

What if what he did for Tesla appears to justify his compensation?

 

Accused Houston cop killer found not guilty | khou.com

This was a big story locally.

The reports I've read & seen indicate that Soliz had no way of knowing Sgt. Rios was a HPD officer. The jury apparently felt the same way.

BUT the case clearly shows why our judicial system is so heavily criticized. Soliz should've been behind bars, not out on bond.

I'm actually surprised that such a despicable defendant was found not guilty.

People want more police, more courts, swifter justice, harsher punishments, & more prisons. Those same people want tax cuts, & fight tax increases. Guess what? You can only cut social programs so far.

 

I find it interesting that they show Sgt Rios in civilian clothing with all his tats out in what I would say is clearly some kind of undercover situation while they show Soliz in uniform.
That sure looks like the media deciding who is the good guy to me.

 

I just realized I put my Rios -Soliz post in Business Politics. I should've paid closer attention and posted it in What's Happening?.

 

Only one was a police officer. Sgt Rios. Solis was out on bond for two separate incidents of aggravated assault. This guy also had an extensive prior criminal record and was a member of a violent gang. It sounds like in this situation that he should not have been able to bond out on his current charges. I'm all for innocent until proven guilty, but that fucking Nero haircut deserves the death penalty. Anyone with that haircut is usualy guilty of perversions of nature, like molesting farm animals or pedophilia.

 

Easy bonds, & individuals with multiple bonds, is a big issue here in Houston, & Harris County.

Solis should've been sitting in jail, not out driving around (in a Mercedes).

Even with all of the negatives against Solis, the verdict sounds right based on what I've read & heard. Sometimes lowlifes are actually not guilty.

Something else about the case (per Solis' attorney ) : The HPD investigator never interviewed a single witness, they compiled reports, but never went after details. This' odd because there were questions about Rios being in his personal car and wearing a Hawaiian shirt long before the trial happened.

 

I'm an idiot.
I misunderstood the article.
Been a stupid week for me.
Yeah, it looks like a bad situation all the way round.

 

I have to wonder just how far up the chain of command at Hyundai this went. Also will selling their controlling interest in SMART Alabama LLC actually change anything there, or will it return to BAU once the attention dies down?

Using third parties in order to establish plausible deniabilty is a very old trick (I must mention the various Trump enterprises in the hospitality industry). The fact that the "staffing agencies" targeted immigrant children to work at a plant 72% owned by a company HQd in a country will children are frequently used as a form of currency and revenue makes me very suspicious.

 

Biden team scrambles to assuage financial and political fears after Silicon Valley Bank failure | CNN Politics

I'm not going to pretend to completely understand the SVB failure. I do hope it's a fluke.

Barney Frank blames crypto panic for his bank's collapse. Elizabeth Warren blames Trump.

 

Laize Faire.
Bank failures.
A great depression.
The acceptance of tight 'big government' regulations.

Hmm..that sounds familiar.

 

Regarding the "old" rating:
It is "old" in the sense that history is repeating itself. The point being we didn't learn from our past...yet again.

 

At some point people like mr remington are going to start bringing justice to people like this and other billionaires. There will he the dawning realization that all the money in the world won't protect them. Or their families. The calculus will show that billions of unpaid taxes, the twisting of laws to deny health insurance, food security, climate security, and affordable housing comes at a price. And that when they have pushed long enough, the mobility will push back. And a few thousand people will feel the anger of millions.

 

View: https://youtu.be/qr3sAWIpFeU

 

I wonder if Jack Welch invested in one of the biggest schemes ever?

Automobile dealers sell cars, and repair them.
Insurance companies insure cars.
Financial institutions make car loans.

All three collude to keep people in debt on car loans so that the cars has to have full insurance coverage.