A Typical Organizational Structure of a Casino Bizfluent

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Bovada Poker, Casino & Sportsbook

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Timeline of Trump's Russia Connections from KGB Cultivation to United State President

The Russia Mafia is part and parcel of Russian intelligence. Russia is a mafia state. That is not a metaphor. Putin is head of the Mafia. So the fact that they have deep ties to Donald Trump is deeply disturbing. Trump conducted FIVE completely private meetings and conferences with Putin, and has gone to great lengths to prevent literally anyone, even people in his administration, from learning what was discussed.
According to an ex-KGB spy...Russia has been cultivating Trump as an asset for 40 years.
Trump was first compromised by the Russians in the 80s. In 1984, the Russian Mafia began to use Trump real estate to launder money.
In 1984, David Bogatin — a convicted Russian mobster and close ally of Semion Mogilevich, a major Russian mob boss — met with Trump in Trump Tower right after it opened. Bogatin bought five condos from Trump at that meeting. Those condos were later seized by the government, which claimed they were used to launder money for the Russian mob.
“During the ’80s and ’90s, we in the U.S. government repeatedly saw a pattern by which criminals would use condos and high-rises to launder money,” says Jonathan Winer, a deputy assistant secretary of state for international law enforcement in the Clinton administration. “It didn’t matter that you paid too much, because the real estate values would rise, and it was a way of turning dirty money into clean money. It was done very systematically, and it explained why there are so many high-rises where the units were sold but no one is living in them.”
When Trump Tower was built, as David Cay Johnston reports in The Making of Donald Trump, it was only the second high-rise in New York that accepted anonymous buyers.
In 1987, the Soviet ambassador to the United Nations, Yuri Dubinin, arranged for Trump and his then-wife, Ivana, to enjoy an all-expense-paid trip to Moscow to consider business prospects.
A short while later he made his first call for the dismantling of the NATO alliance. Which would benefit Russia.
At the beginning of 1990 Donald Trump owed a combined $4 billion to more than 70 banks, with $800 million personally guaranteed by his own assets, according to Alan Pomerantz, a lawyer whose team led negotiations between Trump and 72 banks to restructure Trump’s loans. Pomerantz was hired by Citibank.
Interview with Pomerantz
Trump agreed to pay the bond lenders 14% interest, roughly 50% more than he had projected, to raise $675 million. It was the biggest gamble of his career. Trump could not keep pace with his debts. Six months later, the Taj defaulted on interest payments to bondholders as his finances went into a tailspin.
In July 1991, Trump’s Taj Mahal filed for bankruptcy.
So he bankrupted a casino? What about Ru...
The Trump Taj Mahal casino broke anti-money laundering rules 106 times in its first year and a half of operation in the early 1990s, according to the IRS in a 1998 settlement agreement.
The casino repeatedly failed to properly report gamblers who cashed out $10,000 or more in a single day, the government said."The violations date back to a time when the Taj Mahal was the preferred gambling spot for Russian mobsters living in Brooklyn, according to federal investigators who tracked organized crime in New York City. They also occurred at a time when the Taj Mahal casino was short on cash and on the verge of bankruptcy."
....ssia
So by the mid 1990s Trump was then at a low point of his career. He defaulted on his debts to a number of large Wall Street banks and was overleveraged. Two of his businesses had declared bankruptcy, the Trump Taj Mahal Casino in Atlantic City and the Plaza Hotel in New York, and the money pit that was the Trump Shuttle went out of business in 1992. Trump companies would ultimately declare Chapter 11 bankruptcy two more times.
Trump was $4 billion in debt after his Atlantic City casinos went bankrupt. No U.S. bank would touch him. Then foreign money began flowing in through Deutsche Bank.
The extremely controversial Deutsche Bank. The Nazi financing, Auschwitz building, law violating, customer misleading, international currency markets manipulating, interest rate rigging, Iran & others sanctions violating, Russian money laundering, salvation of Donald J. Trump.
The agreeing to a $7.2 billion settlement with with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities and causing the 2008 financial crisis bank.
The appears to have facilitated more than half of the $2 trillion of suspicious transactions that were flagged to the U.S. government over nearly two decades bank.
The embroiled in a $20b money-laundering operation, dubbed the Global Laundromat. The launders money for Russian criminals with links to the Kremlin, the old KGB and its main successor, the FSB bank.
That bank.
Three minute video detailing Trump's debts and relationship with Deutsche Bank
In 1998, Russia defaulted on $40 billion in debt, causing the ruble to plummet and Russian banks to close. The ensuing financial panic sent the country’s oligarchs and mobsters scrambling to find a safe place to put their money. That October, just two months after the Russian economy went into a tailspin, Trump broke ground on his biggest project yet.
Directly across the street from the United Nations building.
Russian Linked-Deutsche Bank arranged to lend hundreds of millions of dollars to finance Trump’s construction of a skyscraper next to the United Nations.
Construction got underway in 1999.
Units on the tower’s priciest floors were quickly snatched up by individual buyers from the former Soviet Union, or by limited liability companies connected to Russia. “We had big buyers from Russia and Ukraine and Kazakhstan,” sales agent Debra Stotts told Bloomberg. After Trump World Tower opened, Sotheby’s International Realty teamed up with a Russian real estate company to make a big sales push for the property in Russia. The “tower full of oligarchs,” as Bloomberg called it, became a model for Trump’s projects going forward. All he needed to do, it seemed, was slap the Trump name on a big building, and high-dollar customers from Russia and the former Soviet republics were guaranteed to come rushing in.
New York City real estate broker Dolly Lenz told USA TODAY she sold about 65 condos in Trump World at 845 U.N. Plaza in Manhattan to Russian investors, many of whom sought personal meetings with Trump for his business expertise.
“I had contacts in Moscow looking to invest in the United States,” Lenz said. “They all wanted to meet Donald. They became very friendly.”Lots of Russian and Eastern European Friends. Investing lots of money. And not only in New York.
Miami is known as a hotspot of the ultra-wealthy looking to launder their money from overseas. Thousands of Russians have moved to Sunny Isles. Hundreds of ultra-wealthy former Soviet citizens bought Trump properties in South Florida. People with really disturbing histories investing millions and millions of dollars. Igor Zorin offers a story with all the weirdness modern Miami has to offer: Russian cash, a motorcycle club named after Russia’s powerful special forces and a condo tower branded by Donald Trump.
Thanks to its heavy Russian presence, Sunny Isles has acquired the nickname “Little Moscow.”
From an interview with a Miami based Siberian-born realtor... “Miami is a brand,” she told me as we sat on a sofa in the building’s huge foyer. “People from all over the world want property here.” Developers were only putting up luxury properties because they “know that the crisis has not affected people with money,”
Most of her clients are Russian—there are now three direct flights per week between Moscow and Miami—and increasing numbers are moving to Florida after spending a few years in London first. “It’s a money center, and it’s a lot easier to get your money there than directly to the US, because of laws and tax issues,” she said. “But after your money has been in London for a while, you can move it to other places more easily.”
In the 2000s, Trump turned to licensing deals and trademarks, collecting a fee from other companies using the Trump name. This has allowed Trump to distance himself from properties or projects that have failed or encountered legal trouble and provided a convenient workaround to help launch projects, especially in Russia and former Soviet states, which bear Trump’s name but otherwise little relation to his general business.
Enter Bayrock Group, a development company and key Trump real estate partner during the 2000s. Bayrock partnered with Trump in 2005 and invested an incredible amount of money into the Trump organization under the legal guise of licensing his name and property management. Bayrock was run by two investors:
Felix Sater, a Russian-born mobster who served a year in prison for stabbing a man in the face with a margarita glass during a bar fight, pleaded guilty to racketeering as part of a mafia-driven "pump-and-dump" stock fraud and then escaped jail time by becoming a highly valued government informant. He was an important figure at Bayrock, notably with the Trump SoHo hotel-condominium in New York City, and has said under oath that he represented Trump in Russia and subsequently billed himself as a senior Trump advisor, with an office in Trump Tower. He is a convict who became a govt cooperator for the FBI and other agencies. He grew up with Micahel Cohen --Trump's disbarred former "fixer" attorney. Cohen's family owned El Caribe, which was a mob hangout for the Russian Mafia in Brooklyn. Cohen had ties to Ukrainian oligarchs through his in-laws and his brother's in-laws. Felix Sater's father had ties to the Russian mob.
Tevfik Arif, a Kazakhstan-born former "Soviet official" who drew on bottomless sources of money from the former Soviet republic. Arif graduated from the Moscow Institute of Trade and Economics and worked as a Soviet trade and commerce official for 17 years before moving to New York and founding Bayrock. In 2002, after meeting Trump, he moved Bayrock’s offices to Trump Tower, where he and his staff of Russian émigrés set up shop on the twenty-fourth floor.
Arif was offering him a 20 to 25 percent cut on his overseas projects, he said, not to mention management fees. Trump said in the deposition that Bayrock’s Tevfik Arif “brought the people up from Moscow to meet with me,”and that he was teaming with Bayrock on other planned ventures in Moscow. The only Russians who are likely have the resources and political connections to sponsor such ambitious international deals are the corrupt oligarchs.
In 2005, Trump told The Miami Herald “The name has brought a cachet to certain areas that wouldn’t have had it,” Dezer said Trump’s name put Sunny Isles Beach on the map as a classy destination — and the Trump-branded condo units sold “10 to 20 percent higher than any of our competitors, and at a faster pace.”“We didn’t have any foreclosures or anything, despite the crisis.”
In a 2007 deposition that was part of his unsuccessful defamation lawsuit against reporter Timothy O’Brien Trump testified "that Bayrock was working their international contacts to complete Trump/Bayrock deals in Russia, Ukraine, and Poland. He testified that “Bayrock knew the investors” and that “this was going to be the Trump International Hotel and Tower in Moscow, Kiev, Istanbul, et cetera, and Warsaw, Poland.”
In 2008, Donald Trump Jr. gave the following statement to the “Bridging U.S. and Emerging Markets Real Estate” conference in Manhattan: “[I]n terms of high-end product influx into the United States, Russians make up a pretty disproportionate cross-section of a lot of our assets; say in Dubai, and certainly with our project in SoHo and anywhere in New York. We see a lot of money pouring in from Russia.”
In July 2008, Trump sold a mansion in Palm Beach for $95 million to Dmitry Rybolovlev, a Russian oligarch. Trump had purchased it four years earlier for $41.35 million. The sale price was nearly $54 million more than Trump had paid for the property. This was the height of the recession when all other property had plummeted in value. Must be nice to have so many Russian oligarchs interested in giving you money.
In 2013, Trump went to Russia for the Miss Universe pageant “financed in part by the development company of a Russian billionaire Aras Agalarov.… a Putin ally who is sometimes called the ‘Trump of Russia’ because of his tendency to put his own name on his buildings.” He met with many oligarchs. Timeline of events. Flight records show how long he was there.
Video interview in Moscow where Trump says "...China wanted it this year. And Russia wanted it very badly." I bet they did.
Also in 2013, Federal agents busted an “ultraexclusive, high-stakes, illegal poker ring” run by Russian gangsters out of Trump Tower. They operated card games, illegal gambling websites, and a global sports book and laundered more than $100 million. A condo directly below one owned by Trump reportedly served as HQ for a “sophisticated money-laundering scheme” connected to Semion Mogilevich.
In 2014, Eric Trump told golf reporter James Dodson that the Trump Organization was able to expand during the financial crisis because “We don’t rely on American banks. We have all the funding we need out of Russia. I said, 'Really?' And he said, 'Oh, yeah. We’ve got some guys that really, really love golf, and they’re really invested in our programmes. We just go there all the time.’”
A 2015 racketeering case against Bayrock, Sater, and Arif, and others, alleged that: “for most of its existence it [Bayrock] was substantially and covertly mob-owned and operated,” engaging “in a pattern of continuous, related crimes, including mail, wire, and bank fraud; tax evasion; money laundering; conspiracy; bribery; extortion; and embezzlement.” Although the lawsuit does not allege complicity by Trump, it claims that Bayrock exploited its joint ventures with Trump as a conduit for laundering money and evading taxes. The lawsuit cites as a “Concrete example of their crime, Trump SoHo, [which] stands 454 feet tall at Spring and Varick, where it also stands monument to spectacularly corrupt money-laundering and tax evasion.”
In 2016, the Trump Presidential Campaign was helped by Russia.
(I don't have the presidential term sourced yet. I'll post an update when I do. I'm sure you probably remember most of them...sigh. TY to the main posters here. Obviously I'm standing on your shoulders having taken a lot of the information or articles from here).
submitted by Well__Sourced to Keep_Track [link] [comments]

Covid-19 - new February lockdown rules - what you can and can't do

The Catalan government has announced updated rules and guidelines relating to the ongoing pandemic.
TLDR: as of Monday 8 February, you can:
You are not allowed to leave or enter Catalonia without good reason (e.g. work, emergency, important administrative reasons, court summons, caring for dependents, etc).
Comarcal (county, NOT municipal) lockdown from Monday 8 February - 22 February
The daily curfew rules remain:
Bars and restaurants:
Shops, stores and other businesses:
Culture
Education
Sport and fitness
Others
Work
submitted by thebadrash to Barcelona [link] [comments]

Who killed notorious 1940s gangster Benjamin ‘Bugsy’ Siegel, the father of modern Las Vegas? Was it another mob boss? The lover of his best friend's wife? One of the men he was embezzling money from? His Mafia spy girlfriend? His own bosses? The possibilities are endless—and puzzling.

(Note: be warned, kind of long background info here, but I think it’s needed)
As far as interesting lives, few can beat Benjamin ‘Bugsy’ Siegel. Born February 28, 1906 in Brooklyn, New York, Siegel came from a poor Jewish family. Before he was even twenty, he’d established a profitable protection racket and a lengthy rap sheet, including armed robbery, rape, and murder. Siegel had connections—he was childhood friends with Al Capone and familiar with many of the well known New York City mobsters of the day—and he also had a taste for violence. Soon, he’d established a small mob specializing in hits for the numerous bootleg gangs of the time with Meyer Lansky, a fellow mobster. His violence and short temper led some to say he was “crazy as a bedbug,” giving him his famous nickname ‘Bugsy,’ which he even more famously despised.
Siegel was making money, which he was happy to flaunt, but he wanted more. He carried out several hits for Charles “Lucky” Luciano, and eventually formed Murder Inc. with his associates, establishing himself as a skilled hitman for the National Crime Syndicate, an organization of mob families. But Siegel was already making enemies, and several assassination attempts were made on his life, some of which came very close to being successful. So, it was time to move out west.
In California, Siegel helped establish gambling rackets, drug trade routes, and prostitution rings. His star was rising outside of the Underworld too, and in addition to the numerous politicians and police on his payroll, he befriended stars like Cary Grant and Clark Gable. Incredibly, while in Italy with a socialite in 1938, he met Hermann Goering and Joseph Goebbels, whom he immediately disliked and offered to kill. The offer was declined by his lady friend. Yet Siegel was not always looked upon fondly by the upper echelons of Hollywood; he borrowed exorbitantly from celebrities, knowing he would never be asked to pay it back, and began to develop extensive plans to extort movie studios. After several trials and acquittals for failed and successful hits, it was time to leave California.
Siegel’s next stop was Las Vegas where, in 1945, he purchased and developed the Flamingo Hotel & Casino, the first luxury hotel on the Vegas strip. As you might imagine, that was expensive, and over the course of its construction, costs were equivalent to over $61 million in today’s money each year. Siegel’s checks were bouncing, and many of the locals felt threatened by him. Mob bosses were beginning to lose patience with Siegel too, and he was refusing to report on business, claiming he was running the California Syndicate himself. For now, they left him alone—he'd been valuable in the past, after all.
The Flamingo Hotel was a dismal failure, and people—very powerful people—were starting to get tired of waiting for the promised money to materialize. By 1947, it was gradually turning around—with the help of Meyer Lansky, now in Vegas—but for most, it was too little too late.
Death:
On June 20, 1947, Siegel was gunned down in the Beverly Hills home of his sometimes-girlfriend Virginia Hill. He was 41. Somewhat suspiciously, Hill had taken an unscheduled flight to Paris the day (or by some sources, week) before. As Siegel sat reading the newspaper with associate Allen Smiley, an unknown assailant fired with a .30 caliber military M1 carbine through the window, striking Siegel many times (NSFW). Two shots hit his head, with one passing through his right cheek and the other his nose. Though he was not hit directly through the eye (NSFW), a bullet-in-the-eye death became a popular trope in Mafia media, including in the Godfather, where a character based on Siegel is murdered in the same manner.
The death was covered extensively in the media, which portrayed Vegas as a bastion of sin and mafia activity. As early as the day after Siegel’s death (or, as some sources have it, during Siegel’s death), however, more personal things were changing: Lansky walked into the Flamingo and took over operations.
Theories:
The mob is famously tight-lipped, and Siegel’s death was no exception. Despite the extensive speculation, no precise motive has ever been confirmed. There was a massive police investigation, but in a case like this, that doesn’t mean much, nor does the media coverage. The media in particular salivated over the potential for splashy crime stories, and the circumstances of this case have been complicated by contemporary coverage. Several days after Siegel’s death, for example, one newspaper ran the headline “BUGSY'S BLONDE EX-WIFE GIVES CLUES TO HIS KILLERS,” while another read “BUGSY'S EX NO AID IN HUNT.” As far as the most popular theories:
A Mob hit: A mob hit seems like the most obvious cause, and it's a theory that’s been popularized by several novels and the 1991 movie Bugsy. It would certainly make sense; it was the mob’s money Siegel had been spending wildly on his unsuccessful hotel after all, and he’d been growing uncooperative. Of the proposed hitmen, the most often mentioned are Frankie Carbo (Ralph Natale, former Philadelphia boss and Mob squealer, claimed Carbo as the true killer) and Eddie Cannizarro, both Syndicate hitmen. But even here, there are several proposed reasons for the hit. As some have it, mob money from the Flamingo’s funding was going missing and Siegel was skimming off the already meager profits. Skimming could have been forgiven, if the Flamingo was a success. It was not. After a meeting of the Syndicate’s “Board of Directors,” it was allegedly decided that Siegel would die, with Lansky reluctantly agreeing. Others believe that a hit might have been ordered whether Siegel was skimming or not; the Flamingo was simply too expensive. As one historian put it, “Bugsy was a dreamer. And he was dreaming with other people’s money.”
Yet many have also argued against this theory. According to one of Siegel’s emissaries in Vegas, for example, no one would have dared to order a hit on Siegel. He and Lansky were close until the end of their lives, and Lansky would never have agreed to it. And if Lansky would not agree, then Charles “Lucky” Luciano, who was “the head of everything,” would never have agreed either. And as others have argued, the method of execution (NSFW) didn’t match with typical mob methods; firing a weapon from outside a house increased the risk of missing as well as the risk of being seen. The preferred method was a clean shot to the back of the head. According to some, the oft-referenced money problems of the Flamingo also wasn’t an issue. At the time, Lansky was paying back any investor who wanted out, and the gradual uptick in its profits was quickening by the day. Personally, I don’t think the financial uptick invalidates the theory. If the hotel was starting to make more money, then that might be all the more reason to get rid of the difficult-to-manage Siegel and take over.
Wire Business: At the time of his death, Siegel was embroiled in a dispute with Jack Dragna, dubbed the Capone of Los Angeles. Siegel and Dragna had had an uneasy partnership in previous years, but Dragna, far less powerful than Siegel and the New York gangs, resented the income and respect Siegel commanded. This came to a head when a racing wire service (a way of cheating on bets) between the two of them soured. Siegel wanted control for himself, and ordered Dragna to turn it over or be killed, to which Dragna agreed. After Siegel’s death, control was returned to Dragna. He had a motive, but his story would only have been one among many for a man as ruthless as Siegel, which, in a way, complicates things further—there’s a real possibility that the culprit in Siegel’s murder was someone never even considered. His list of enemies was long, varied, and probably mostly unknown. Yet another man who had reason to want Siegel dead, for example, was his bodyguard and muscle Mickey Cohen. A Cleveland gangster, Cohen was given control of the Syndicate’s West Coast gambling operations. If Siegel still lived, he would never have gotten it. Interestingly, he, like Al Capone before him, was eventually felled by tax evasion.
Virginia and/or brother: The same emissary of Siegel who shot down the mob hit theory believed that Virginia Hill’s brother had carried out the murder. The brother, a marine stationed at Camp Pendleton named Bob or Bill, had seen Siegel and Virginia fighting outside the Flamingo as well as the bruises Siegel had left on her and threatened to kill him. Another of Virginia’s brothers, Chuck, was also at the Beverly Hills house when Siegel was murdered.
Virginia herself has also been the subject of suspicion. Nicknamed the “Queen of the Mob,” Hill worked, among other powerful jobs, as a cash courier, laundering money and stolen goods as well as blackmailing high-ranking men through sexual liaisons. Her relationship with Siegel was tempestuous at best, and she may have been embezzling from the Flamingo. She’s also been accused of two-timing with rival mob operations, though this is unconfirmed. Eventually fleeing to Europe permanently, Hill died of an overdose in 1966, though some have alleged that she was actually murdered after she, completely broke, attempted to leverage her intimate knowledge of the Mob.
Rival Mobs: Unfortunately, I can’t find much concrete information about this theory (note: story of my life researching these posts haha), but some believe that rival mob operatives wanted Siegel gone. He was a powerful—and very public—figure, which made him something of an obvious target in the cut-throat world of Mafia politics.
Moe Sedway: This is a relatively new theory, emerging after Robbie Sedway was interviewed for LA Magazine after his mother’s death. Here, he alleged that Siegel’s murder was ordered by his mother Bee, the wife of powerful mobster—and childhood friend of Siegel’s—Moe Sedway. According to Bee, who wrote and scrapped a book proposal called Bugsy's Little Lunatic (Siegel’s nickname for her), Siegel had threatened her husband, who was the Flamingo’s numbers man, and therefore watching Siegel—who, remember, had been accused of skimming—closely. So Bee contacted Mathew “Moose” Pandza, a truck driver whom Bee married after Moe’s death. Moose, the perfect killer, since he had no connection to the Mob, then shot Siegel to death. The problem with this theory, however, is that Bee is the only source; as she herself said, anyone who could contradict her was dead. She also squandered most of the fortune left to her by Moe over the course of her life, and died almost penniless.
All of the above: Some believe that almost all the suspects were involved. Usually, it goes something like this: “Virginia supplied the location and received some reward. Cohen knew Bugsy's schedule for the evening, but happened to not be watching him that night…Dragna ordered the hit, with the approval of Lansky and Luciano.” It’s unlikely, but it certainly has its believers, if only for the convenience of it.
Final Thoughts & Questions:
This case is interesting to me because of the sheer number of suspects. In the end, a mob hit seems the simplest and most likely explanation. But there were so many people with means, motive, and opportunity. So:
Sources:
https://www.lamag.com/longform/mobster-murder-moll-secret/
https://www.pbs.org/wgbh/americanexperience/features/lasvegas-bugsy/
https://themobmuseum.org/blog/killed-benjamin-bugsy-siegel/
https://unsolvedmysteries.fandom.com/wiki/Bugsy_Siegel
https://en.wikipedia.org/wiki/Bugsy_Siegel
https://themobmuseum.org/blog/virginia-hill-queen-of-the-mob-was-no-ones-pushove
To many, Siegel’s legacy exceeds his mob connections, and in some ways, even his death; without him, many believe, there would be no Vegas. So if you take anything away from this write-up, let it be this: The Blue Man group’s Vegas residency is Bugsy Siegel’s fault.
submitted by LiviasFigs to UnresolvedMysteries [link] [comments]

Analysis on a LVT for Milwaukee

I need some assistance.
I have the dataset for my city's property tax rolls and am starting to build a proposal for our own Land Value Tax (LVT), but I need ideas on how to slice the data so I can address the majority of the questions out of the gate.
Methodology: Take the current year's property tax rate (2.6167%) and apply that to every listed property in the city. Take the total, theoretical income the city makes from this and divide it by the total assessed land of the city to calculate the LVT rate (17.23421%) and apply that to every parcel of land in the city, ignoring the improvements on the land. Thus keeping the proposal revenue neutral.
The data wasn't the easiest to break down or translate across, so shout out to u/ptunnel for getting me the cross tables I needed as well as an RStudio tutorial.

How would you like to see the data?

What I have so far by dollars and percentage:
The 5 winners by $ are...
  1. A casino's multi-million dollar hotel next to their already large complex (saving $2.5 million, or saving 97% of their bill)
  2. A recently renovated 25 story bank corp campus ($2.3m, 83%)
  3. A brand new insurance HQ skyscraper ($1.9m, 24%)
  4. Another bank business tower ($1.7m, 38%)
  5. Luxury apartment complex ($1.5m, 80%)
Top winners by % are data errors with structures built on no land, or whose land is exempt. These are town houses reserved for people with disabilities and assisted living, church sponsored businesses (schools, soup kitchens and foster care), non-profit hospitals. I'm not upset having these businesses paying nothing in property taxes.
The 5 losers by $ are
  1. A business park that's just as much parking lot as it is building (losing $2.16m, or 191% increase)
  2. "Active" construction in the heart of downtown that we were told would be completed 3 years ago (-$1.88m, 559%)
  3. Empty lot that use to be a stadium, soon to have a business park (-$1.5m, 559%)
  4. Parking lot next to the airport (-$1.3m, 502%)
  5. Undeveloped land next to our largest attraction (-$1.06m, 550%)
5 losers by % all round out to the magic 559% increase (no improvements on the land), and they are
  1. Undeveloped 3.3 acres of residential land privately owned and locked away behind private houses (-$6k)
  2. A vacant business that's not for sale or lease (-$17k)
  3. An empty lot that is next to mansions that overlook the lake bluff (-$34k)
  4. 11 year old luxury condos (-137k)Note their improvements are ignored in their tax assessment from a city deal
  5. An overgrown lot that use to have a house on it (-$6k)
What have we learned?
Looking at the Quartiles all the money is being moved about on the high value land that isn't residential. This means the average homeowner or single-family/duplex renter will see minimal change. Especially since some of these properties saw a 70% increase in their tax bill from 2019 with no warning.
Because of contracts already in place, immediately moving over to pure LVT will be difficult because Milwaukee has given tax deals to developers to ignore improvements in order to boost construction. This could potentially be a breach of contract.
Full disclosure: I have two lots in this city, a home I live in and a vacant lot next to it that is our side yard. The changes to my tax bill would be a savings of $1,400 (33%) for the house and a loss of $2,700 (559%) for the empty lot, totaling me losing $1,300, or a 27% increase in my property taxes.
submitted by K_Mander to neoliberal [link] [comments]

Playboy going public: Porn, Gambling, and Cannabis

NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.
submitted by jeromeBDpowell to SPACs [link] [comments]

guilt, anger, empathy

I'm so fucking mixed up right now. My dad is so deeply invested in Trump and QAnon that he has completely fucked everything his father worked for til the day he died. Forced his mother, my complete saint of a grandmother, to sell their house and income property in one of the most desirable cities to live in and move out to BFE Oklahoma. She and my Uncle, his brother, both have heart conditions and now 0 infrastructure to manage them. My germaphobe Uncle is being forced to attend medical visits where he is regularly in contact with unmasked people. They feel unsafe and disconnected where they live, though they love the new house itself. I got the you-told-us-so call a few days ago, and I feel more upset than before. I managed to get my grandmother to stop actively propagating Q material on facebook, and my impression is that she just doesn't know what to believe at this point and is trying to avoid politics. I can understand that, at least. She is an extremely kind woman who was taken in on the child-trafficking claims and nothing else, it wasn't too hard to talk to her.
My dad is so fucking sick now. He's in recovery and has now taken up gambling for fun, and has been going to the casinos and coming home (endangering the remainder of the at-risk household) since they reopened. He openly brags about being at bars, smoking and singing maskless. He voted for Trump in 2016 because he hated Hillary and the libertarian candidate wasn't going to win (or so he told me). Now he's so far gone he can do nothing but post on Twitter about HCQ and how he refuses to bend to "covid fascist edicts" and won't allow himself to be "reprogrammed" by the government. He railroaded my whole family into tearing up their roots and starting anew in a brand new place and now he isn't even unpacking because he plans to move to Texas with his girlfriend. My Uncle gave up the business he built for over a decade, and the relationship he'd been in for nearly as long. All of my grandma's comfort and independence have been stripped away. I kept begging them not to do it, I kept telling them it wasn't safe, but they were constantly being manipulated with my dad in the house and everyone screaming about the stupid governor trying to destroy everyone's livelihoods with shutdowns. So many people are dead, and all he could be assed to think about was his own freedom. I begged and begged, but my grandma just won't think of herself or her wellbeing. They used her for her money so that they could afford to move, and they are already priced out of the market they just left. My childhood home, lemon trees, rose vines, ugly old tile and all is being rented out to randoms now. The thought of picking up and moving again sounds horrific but less horrific than the consequences of staying where they are and in a home with him.
I found out the day after the Capitol riot that he had traveled all the way to DC to take part when a friend I had at my last job sent me a news article with his extremely unique name in it. There he was, in front of God and everybody, disgracing the family name and making us look like a bunch of hateful lunatics. I wonder if I'll ever be able to get a job again. I was planning on changing my name when I get married, I might have to do it sooner. That day I discovered the extent of his issues (3200 tweets in 3 months) and how awful the things he was saying had become. When I found out he was one of the people joining 'militias" to "keep the peace" during the George Floyd protests, I knew he was gone. I didn't understand how deeply he had bitten into the conspiracies until now. Being someone who has frequented 4chan from much too young an age, it was so hard to fucking explain to these people that the things they were sharing (literal photos of computer screens showing 4chan posts!!! I'm not even making this shit up) came from a place with complete anonymity and less vetting for posts than any of their social media platforms, let alone wikipedia. An actual forum full of gore, porn, and memes. I could not get through to them, but now even my Uncle who voted for Trump thinks he has gone too far.
This week has been a fucking mess for me. This is the man I used to call my hero. He used to be an avid musician, a gentle hand on my shoulder when I was wound up and tense, a patriot in the military who served and strove to better himself. There were several times in my life when it was us, and just us. I have been neglected or abused by most of my family, including him. My conflicted feelings go back further than when he started to openly oppose women's rights, back before QAnon even existed. But he is a different person now. He is not the man who spent all the cash in his wallet to win me the biggest dog at the booth in the fair, nor the man who brought me a copy of our favorite book when I was hospitalized for making an attempt on my life, nor the man who took me to see snow, stars, and the countryside in thousand-mile-trips cross country. He's gone. I am crying here with the letter he slipped me when I was in the mental hospital with instructions to read it when I was hurting. Here it is, the final sentence, a quote older than both of us.
"You have been, and always shall be, my best friend."
I reported him to the FBI the day before the inauguration. You won't see me on the news being called a hero, I am here in my home unable to sleep or eat, existing in obscurity. I have no parents anymore, though my chosen family is wiser than me to say I never really did. When I found out he had not returned home after the riot, and had a weapon with him, the choice was made for me. None of the adults in my family have the strength to even stand up to him, they certainly aren't going to grow up now.
I don't know where he is, or what's going to happen. I don't think he can go back to being that person, he is as invested in avoiding admitting he is wrong as he is in getting his way. His actions are those of a bitter man who feels wronged by the world and is trying to extract what he can for himself from society. It saddens me to say that I am not his only child, which makes that outlook even more disturbing. I started treatment for PTSD a couple months ago, and I am barely functioning. Today, I had to email my landlord and go to the post office. I have already broken down three times, and drank until I could pass out for a few hours this afternoon. The nightmares are intense. The shaking is intense. I keep remembering things he did and said, good and bad. I wish I knew how to get through to him. He calls me a fucking libtard. The last safe space I had is gone because of him. He just doesn't care, about his kids, his mother, nothing. My grandfather is rotting in a grave miles from the product of his life's achievements, and the family is slowly going broke now. I stopped thinking of him as family years ago, but going through this with his mother is really difficult.
I am sorry for being all over the place. I feel like I'm barely surviving right now, for a combination of reasons that reach far beyond my parents.
submitted by VisualActual to QAnonCasualties [link] [comments]

Treat day trading like vaping


Just read this on Bloomberg. These sons of bitches are ok if I go to Vegas and drop 100k on slots but not if I drop it on PLTR while on my phone sitting on the toilet.

"
  1. Treat day trading like vaping. Today, a new generation of day traders are tempted by stock-trading apps into rapid-fire trading in a casino-like atmosphere. But investing is serious business with serious risks. The next SEC chair should stand athwart this trend and oppose it. First, the SEC should take an active role in investigating the ways in which stock-trading apps stimulate trading activity through the psychological tricks and nudges that have energized other social media and e-commerce platforms. Second, the next SEC chair should inveigh against casual, game-like investor platforms the same way recent Food and Drug Administration directors inveighed against vaping."

https://www.bloomberg.com/opinion/articles/2021-01-05/biden-s-sec-chair-priorities-should-include-day-trading?utm_content=business&utm_source=twitter&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_medium=social&sref=IfXTMxZp

FYI - The author is Arthur Levitt Jr, former chair of SEC under Clinton and Bush.
https://en.wikipedia.org/wiki/Arthur_Levitt



submitted by trojanmana to wallstreetbets [link] [comments]

Citron Pulls Plug On NIO, Says Valuation 'Can Never Be Justified' NIO Price Target is $25

I’ve posted the Benzinga Article below. I definitely feel like it’s something this sub (especially Nio mooners🚀) could benefit from seeing and discussing. I swear, it’s a 2 minute read:
———————————— Two years after Citron Research editor and notorious short seller Andrew Left made a bold bullish call on Nio Inc - ADR (NYSE: NIO), Left said Friday it’s finally time for investors to cash out of the red-hot EV stock.
Back in November 2018, Left compared Nio to Tesla Inc (NASDAQ: TSLA) when Nio was trading at around $7 per share. Today, Nio shares are trading at $53. ($46.70 at the time of this Reddit post)
“After a rocky road of trading, NIO has found itself in unchartered territory that can never be justified by its current standing in the China EV market or its near-term prospects,” Left wrote Friday.
2 Vulnerabilities: Left said Nio has two major vulnerabilities in the near-term.
Tesla’s Model Y price cuts will apply significant pressure to sales of Nio’s ES6 hatchback model. Last month, Tesla sold nearly twice the number of vehicles in China that Nio sold, and Left is expecting China’s EV market to continue to be an intensely competitive pricing environment.
Left is not a fan of Nio’s share structure.
“While we commend Baillie Gifford (love those people) and early investors, right now we are looking at a share structure and an investor base that is more interested in spinning a casino wheel,” said Left. He also noted Nio's short interest is approaching a two-year low.
What Nio Investors Are Buying: Left said investors buying Nio today should understand what they are getting into.
“Anyone buying NIO stock now is not buying a company or its prospects, rather you are buying 3 letters that move on a screen,” he wrote.
Left said there are better ways to play the China EV story: “It is time for investors to rotate out of NIO, enjoy your profits and look for the next disruptive technology.”
Left's new price target for Nio is $25, suggesting more than 50% downside.
Benzinga’s Take: There’s no question the Chinese EV market will be a major growth story for years to come. But Nio’s market cap has now surpassed Daimler’s despite the fact that Nio sells roughly 5,000 vehicles per month and Daimler sells about 1 million vehicles per month. ————————————————————
Thoughts?
Edit: For those asking “WTF is Citron?” Below is what I skimmed from his Wikipedia, but there is a whole ass section about his reports on Chinese companies and what Chinese companies and leaders have taken legal action against him. He’s already banned from trading in Hong Kong for 5 years because of his report on a HK real estate company being insolvent. ————————————
Left initially started StockLemon.com in 2001 as a self-published blog containing reports on controversial companies. He rebranded the site as Citron Research in 2007.Left researches and short sells companies he believes to be engaged in fraud, have been suspiciously promoted, or have been mistakenly overpriced by the stock market.
According to a Wall Street Journal analysis of 111 Citron short-sale reports spanning from 2001 to 2014, there was an average share-price decline of 42 percent in the year after Left's report was released. Of those shares, 90 were lower one year later while 21 gained, according to data from S&P Capital IQ.
Citron Research has published reports on 18 Chinese companies, 16 of which experienced a drop in stock prices, with 15 of them experiencing drops of over 70%.[38] This has caused a collective of Chinese business leaders, including Qihoo 360 CEO Zhou Hongyi (a company that has been targeted by Left), to launch a site called CitronFraud.com (no longer operating).[39] Left sent a legal notice to the 60 Chinese executives involved, seeking an apology, and told Tech In Asia that he is consulting with lawyers and considering legal action in response.[40]
submitted by SweetGummies to stocks [link] [comments]

Looking back on a year of Nano development - Presented by NanoLinks

I think this list speaks for itself. Thank you for this year Nano community and see you in 2021 for even more fun! We are only getting started 🚀


u/iB0mmel
submitted by Joohansson to nanocurrency [link] [comments]

The USA PATRIOT Act: The Story of an Impulsive Bill that Eviscerated America's Civil Liberties

The USA PATRIOT Act provides a textbook example of how the United States federal government expands its power. An emergency happens, legitimate or otherwise. The media, playing its dutiful role as goad for greater government oversight, demands "something must be done." Government power is massively expanded, with little regard for whether or not what is being done is efficacious, to say nothing of the overall impact on our nation's civil liberties.
No goals are posted, because if targets are hit, this would necessitate the ending or scaling back of the program. Instead, the program becomes normalized. There are no questions asked about whether the program is accomplishing what it set out to do. It is now simply a part of American life and there is no going back.
The American public largely accepts the USA PATRIOT Act as a part of civic life as immutable, perhaps even more so than the Bill of Rights. However, this act – passed in the dead of night, with little to no oversight, in a panic after the biggest attack on American soil since Pearl Harbor – is not only novel, it is also fundamentally opposed to virtually every principle on which the United States of America was founded. It might not be going anywhere anytime soon, but patriots, liberty lovers and defenders of Constitutional government should nonetheless familiarize themselves with the onerous provisions of this law, which is nothing short of a full-throttle attack on the American republic.

What’s Even in the USA PATRIOT Act?

What is in the USA PATRIOT Act? In the Michael Moore film Fahrenheit 9/11, then Rep. John Conyers cracked wise about how no one had actually read the Act and how this was in fact par for the course with America's laws. Thus, before delving into the deeper issues surrounding the PATRIOT Act, it is worth discussing what the Act actually says. Here’s a brief look at the 10 Titles in the PATRIOT Act:
Most of the provisions of the USA PATRIOT Act were set to sunset four years after the bill was passed into law. However, the law was extended first by President George W. Bush and then by President Barack H. Obama. The latter is particularly scandalous given that, at least in part, a rejection of the surveillance culture that permeated the Bush Administration was responsible for the election of Obama in 2008.

Passing the USA PATRIOT Act

Next, it’s important to remember the environment in which the USA PATRIOT Act was passed: Post-9/11. It is not the slightest bit of exaggeration to label the environment in which the PATRIOT Act was passed as “hysterical,” nor is “compliant” a misnomer for the Congress of the time. Opposition to the Act was slim and intensive review of one of the most sweeping Acts of Congress in American history was nonexistent.
All told, Congress took a whopping six weeks drafting, revising, reviewing and passing the PATRIOT Act. That’s less time than Congress typically spends on totally uncontroversial and routine bills that don’t gut the Fourth Amendment. The final vote found only 66 opponents in the House and one (Wisconsin Democrat Russ Feingold) in the Senate. The entire passage of the PATRIOT Act, from start to finish, took place behind closed doors. There were no committee reports or hearings for opponents to testify, nor did anyone bother to read the bill.
“Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism” is the bloated and overwrought full name of the bill, crafted by a 23-year-old Congressional staffer named Chris Cylke. This ridiculous name puts the focus not on the surveillance aspects or the erosion of basic civil liberties enshrined in Western society since the Magna Carta, but on patriotism. At the time of its creation, the messaging was very clear: Real patriots support massive intrusions on civil rights. As President George W. Bush said at the time, “Either you are with us, or you are with the terrorists.” This sentiment very much seemed to apply to American citizens.
While the argument that if you have nothing to hide you shouldn’t fear investigation is anathema in a Constitutional republic with regard to citizens, it should be standard operating procedure when it comes to our organs of government. If we cannot expect transparency from the United States Congress – elected officials charged with representing the will of the people and protecting the Constitution – then we certainly can’t expect it anywhere else.

The Unfortunate Growth of the USA PATRIOT Act

It’s no surprise to those in the liberty movement that given an inch, the government (in particular the military-intelligence community) took a mile. Even the nebulous definition of “terrorism,” largely centered around a long litany of acts rather than the motivation behind them, has expanded to include receiving military training from a proscribed organization (without actually committing any terrorist acts or even acts of violence of any stripe) as well as “narcoterrorism” – the latter particularly convenient, as the United States government continues its losing “War on Drugs.”
Indeed, in many ways, the War on (Some) Drugs was the template for the War on Terror. Both wars have no defined enemy, no defined terms of victory. Instead, they are waged against a nebulous concept, while enjoying bipartisan support for their ever-expanding budgets. What’s more, it didn’t take long for the Feds to start using the USA PATRIOT Act for things it was never intended for, including prosecuting the War on Drugs.
Perhaps the silliest application of the USA PATRIOT Act is the prosecution of Adam McGaughey. McGaughey maintained a fansite for the television series Stargate SG-1. The Feds charged him with copyright infringement and computer fraud. In the course of their investigation, the FBI leveraged the PATRIOT Act to get financial records from his website’s ISP. This was made possible by the USA PATRIOT Act amending the Computer Fraud and Abuse Act, allowing for search and seizure of ISP records.
The New York Times discovered in September 2003, that the USA PATRIOT Act was being used to investigate alleged drug traffickers without what would otherwise be sufficient probable cause. These were investigations into non-terrorist acts using a law ostensibly designed to investigate terrorism. There was some suspicion that the Act was being used to investigate crimes occurring before the Act was passed, violating the ex post facto clause of the United States Constitution.
In one of the biggest power grabs (excluding virtually everything we know from Edward Snowden – more on that below), the FBI sent tens of thousands of “national security letters” and procured over one million financial records from targeted businesses in Las Vegas. These businesses were primarily casinos, car rental bureaus and storage spaces. The data obtained included financial records, credit histories, employment records and even people’s personal health records.
The FBI maintains and databases this – and, indeed, all information collected through the USA PATRIOT Act – indefinitely. In the good old days before the PATRIOT Act, the Feds were compelled to destroy any evidence they collected on someone later found not guilty of a crime. Note that the aforementioned data collection brought to public attention by Edward Snowden (which, again – we’re getting to that) falls under this provision. Not only is the government collecting obscene amounts of private and personal information about you, they’re also storing it indefinitely with no plans to stop.
What’s more, the FBI has approached public libraries to turn over the records for specific terminals, collecting information not about specific users who might be under investigation, but about anyone who has ever used the computer at the public library. Libraries, to their credit, have been very much at the forefront of resistance against the PATRIOT Act, with some litigating compliance despite operating on small budgets and others posting “canary letters,” which effectively say “The FBI Hasn’t Been Here Yet.” The removal of such a letter would warn patrons that the FBI has been sniffing around in their records.
Indeed, the greatest criticism of the PATRIOT Act is the simplest and perhaps most obvious: Why does an Act ostensibly passed to fight terrorism so drastically expand the government’s power to investigate virtually everyone else? The PATRIOT Act is not merely unconstitutional, it is an unprecedented expansion of state power in the Anglosphere, a culture based on restricted government and the primacy of individual rights.
An excellent example of this is the Foreign Intelligence Surveillance Act (FISA) expansion. Most people are familiar with the term “FISA court,” but very few people actually know what it is – a special federal court created under the Carter Administration that grants approval of electronic surveillance of both citizens and resident aliens in the event that they are accused of acting in the service of a foreign power. The last part of this sentence is very important: The FISA courts are not simply for allowing surveillance of anyone that it might be expedient to collect information about. The scope of their powers is very, very limited.
Or was.
The PATRIOT Act lowered the burden of evidence required to obtain a FISA warrant for electronic surveillance and expanded the overall scope of the FISA courts. Any savvy federal agent can now drape his charges in the garb of (what else?) “national security” and obtain electronic surveillance privileges hitherto only dreamed of by investigators. FISA courts have become pliant tools in the hands of the Feds, gladly approving their requests to monitor phone and internet surveillance, as well as access to medical, financial and educational records.

The Future of the USA PATRIOT Act

Do we still need the PATRIOT Act? Did we ever? All laws are certainly a product of their times. But this seems much more acutely true of the USA PATRIOT Act, which was passed in a rush and under duress without due consideration.
Particularly in light of the revelations from Edward Snowden – that the government is spying on everything they possibly can – it’s worth asking if there’s any walking back. He points out that the police state apparatus was originally for drug dealers, then for terrorists, but ultimately ended up being applied to anyone and everyone.
What’s more, Bob Bullard notes another frightful aspect of the USA PATRIOT Act: Terrorism-related cases are not subject to the Freedom of Information Act. This means that there is little or no oversight. There is no surer hallmark of a police state than an all-powerful domestic surveillance agency with no transparency or oversight. While the USA PATRIOT Act might not create an American Stasi as such, it certainly paves the way for one.
Continue reading The USA PATRIOT Act: The Story of an Impulsive Bill that Eviscerated America's Civil Liberties at Ammo.com.
submitted by ammodotcom to Libertarian [link] [comments]

The questionable businesses of Trump/elites/Rothschilds, and other former President connections to trafficking businesses...

I have done extensive research on ALOT of subjects, you could say i am learning everything under the sun and thus have came to the following conclusions:
I understand how your family works, your companies, your routes around the world, and several of your questionable locations and businesses. I want you to come find me, talk to me, I know your out there...
There is this restricted mine town in Elizabeth Bay, that has a Siemens metal bar (industrial) at the mine (picture in link) meaning the company has their hands in a dirty business. Conveniently, there is also a Restricted diamond mining area nearby. We all know about the blood diamonds.. 🩸 💎
According to Wikipedia, "Siemens AG is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad. The principal divisions of the company are Industry, Energy, Healthcare (Siemens Healthineers), and Infrastructure & Cities, which represent the main activities of the company. The company is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the company's total sales, is its second-most profitable unit, after the industrial automation division. The company is a component of the Euro Stoxx 50 stock market index.”
The most interesting thing about Siemens is a former Bush Family member, maybe even a president was part of 🤡
Headquarters: Munich, Germany Area served: Worldwide Key people: 1. Jim Hagemann Snabe (Chairman) 2. Joe Kaeser (CEO) 3. Roland Busch!!! (Deputy CEO)
Products: Power generation technology, industrial and buildings automation, medical technology, railway vehicles, water treatment systems, fire alarms, PLM software
Services: Business services, financing, project engineering and construction
Divisions: Smart InfrastructurePower and GasDigital IndustriesHealthineersSiemens MobilitySiemens GamesaIoT ServicesNext 47Siemens Financial Services
According to Wikipedia the founder of Siemens & Halske (original Siemens) was, “Ernst Werner Siemens (von Siemens from 1888; 13 December 1816 – 6 December 1892) who was a German electrical engineer, inventor and industrialist. Siemens's name has been adopted as the SI unit of electrical conductance, the siemens. He founded the electrical and telecommunications conglomerate Siemens.
He is the fourth child (of fourteen) of a tenant farmer of the Siemens family, an old family of Goslar, documented since 1384. He was a brother of Carl Heinrich von Siemens and Carl Wilhelm Siemens.
Parents: Christian Ferdinand Siemens (31 July 1787 – 16 January 1840) and wife Eleonore Henriette Siemens (Deichmann) (1792 – 8 July 1839).”
There seems to be a potential family connection between Eleonore Deichmann and Anna Eleanor Roosevelt (October 11, 1884 – November 7, 1962) and a major connection (marriage) between the Bushes and Eleanors. Coincidence? I don’t believe so... at least one of their families lines, if not both are connected to the Royals and Rothschilds, the same goes for any other individual mentioned in this page.
Prescott Bush was the father of George Herbert Walker Bush and the grandfather of George W. Bush, both future presidents. He helped finance Hitler from America. Due to his funding, his organization was seized in the, “Trading With The Enemy Act of 1942.”
George W. Bush, becomes the 43rd President of the United States in the year 2000. Bush and his family declare they are the ancestors of the House of Plantagenet, whose linage stems from the Royal House of Judah.
Could it be the “Herbert” Walker Bush is really really related to Herbert Simon founder of the original company of, before it was renamed and reestablished as Simon Property Group, Inc./Ltd?
This would mean the Trumps, Bushes, and any other household politically/government affiliated individual are all part of the royal house and share the same “bloodline” and also control/have connections in other countries like Russia/Germany/Italy/England/etc...
They put on “a show” for the general public through the media to make it appear as if there are “issues,” to create chaos in the public, so no one catches on to the reality, which is they a connected family line living in different countries that work together behind the scenes and create problems to mislead to further their own gain. Occasionally, one of the families may become more selfish and double-cross their other family members, but that’s a different story...
Ever wonder why celebrities and Royals have strange or repeating names? Above is why. Conveniently, the last names came be changed through marriage (or even a 2nd/3rd identity) to cover their tracks. 

“ Carl Heinrich von Siemens (often just Carl von Siemens) (3 March 1829 – 21 March 1906).
In 1853, Carl Siemens traveled to St. Petersburg where he established the branch office of his brothers company Siemens & Halske. Siemens had a contract for constructing the Russian telegraph network at the time.
Carl went to England in 1869, where he assisted his brother William. In the 1880s, he returned to Russia before he became the senior chief executive of Siemens & Halske after the death of his brother Werner in 1892. He resigned in 1904. For his service to Russia, he was ennobled by Tsar Nicholas II in 1895.”
Clearly, Siemens, a company headquartered in Germany, but established worldwide, has deep connections with Russia concerning many businesses including power (electricity), communication network, and industrial side...and on top of that the American Bush family has their hands in it, so one could only come to the conclusion every problem ever created is a lie...
Why? It is simply a power struggle between the 5 original Rothschild/Royal families that established themselves worldwide a long time ago. From that point forward they branched out, married their family members from the other countries (to keep the money in family and grow simultaneously).
Eventually we are in today’s time, and they all have different last names and have grown so large you can barley tell them apart. They purposefully “cover” their tracks they best they can...
Trump is also related to the Royals. Near the bottom is more information.
⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️
More deceased family members that established “the electric telecommunications empire.” If you follow the names listed and family lines I’m sure you will find a connection.
His brother: Sir Carl Wilhelm Siemens FRS FRSA (4 April 1823 – 19 November 1883), anglicised to Charles William Siemens, was a German-British electrical engineer and businessman.”
Occupation: Electrical engineer, businessman Known for: Siemens-Martin process Spouse(s): Anne Gordon Parent(s): Christian Ferdinand Siemens and Eleonore Deichmann Relatives: Ernst Werner von Siemens, Carl Heinrich von Siemens, Alexander Siemens
Alexander Siemens (22 January 1847 – 16 February 1928) was a German electrical engineer
Occupation: Engineer Spouse(s): Louisa Dodwell Children: Three daughters Parent(s): Gustav and Sophie Siemens Engineering career Discipline: Civil, Electrical, Institutions Institution of Civil Engineers (president), Society of Telegraph Engineers and Electricians (founder member) Practice: Siemens Brothers Projects: World's first public electricity supply (at Godalming) lamps and cables for the electric industry.
⚜️⚜️⚜️⚜️⚜️⚜️⚜️⚜️⚜️⚜️⚜️⚜️⚜️⚜️
“John Hopkinson, FRS, (27 July 1849 – 27 August 1898) was a British physicist, electrical engineer, Fellow of the Royal Society and President of the IEE (now the IET). He invented the three-wire (three-phase) system for the distribution of electrical power, for which he was granted a patent in 1882. In 1890 was appointed professor of electrical engineering at King's College London, where he was also director of the Siemens Laboratory.”
(Towards the bottom of this page is the information about the company, who owns it and talks about other connections/info/services).
••••••••••••••••••••••••••••••••••••••••••••
I believe Simon Property Group, Inc./Ltd. to be Donald Trump’s ‘The Trump Organization.’
According to Wikipedia, “The Trump Organization is a group of about 500 business entities of which Donald Trump owns. About 250 of these entities use the Trump name.”
That means the other 250 are “under a different name,” Simon Property group perhaps...the Trumps sure do love real estate and investments and Simon Property group sure seems to have a very similar history to the Trump tower almost as though they are the same business just divided into 2 separately names business to confuse you. I honestly can’t blame you...🏥💰☸️ Where’s Simon? Hello 👋 Simon, I know exactly who you are, I found you! ⚖️
“The organization was founded in 1923 by Donald Trump's grandmother, Elizabeth Christ Trump, and his father, Fred Trump, as E. Trump & Son. Donald Trump began leading it in 1971, renamed it around 1973, and handed off its leadership to his children in 2017.”
Areas served: • United States Canada Japan Mexico South Korea Malaysia Thailand Key people: David E. Simon (CEO/Chairman), Herbert Simon (founder), Cowell Simon (More information about these individuals/companies towards end of page.)
🥨🥨🥨🥨🥨🥨🥨🥨🥨🥨🥨🥨🥨🥨
Berkshire Hathaway (founded by Oliver Chase—important! His family relations connect to the others! This same concept applies to any other families/companies mentioned), is currently run by CEO Warren E. Buffett, Charles T. Munger and AJit Jain
According to Wikipedia, “Berkshire now owns a diverse range of businesses including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, manufacture and distribution of uniforms, and several regional electric and gas utilities.”
I want to point out just like the Trump Organization, Semens, and Simons, Berkshire is involved in investments including investments, property, and real estate!!!! Tisk, Tisk, Tisk...
On top of that the company messes with jewels...that can only come from place, the the blood diamond mines or other types of mines (salt/oil/metals/precious stones/etc...) $$$$$ 🙂🙃😉
He also owns a large part of the railroad system (transportation/ports— also used for sex/drug trafficking/transporting goods/etc.) that Berkshire Hathaway owns.
🧿🧿🧿🧿🧿🧿🧿🧿🧿🧿🧿🧿🧿🧿
Let not forget Bill Gates! He owns the American/Canadian railway and when Warren Buffett dies, everything that Warren owns aka Berkshire Hathaway and its companies and railroads will ALL be donated to the Bill and Melinda Gates foundation, giving them control over all the major railways within the US and control over almost all the major businesses and products we buy everyday.
Sounds like a monopoly to me, but whatever, it’s almost kinda amazing how all you guys worked together to create this misleading, heading in the wrong direction “empire”...
🧸🧸🧸🧸🧸🧸🧸🧸🧸🧸🧸🧸🧸🧸
Whomever is reading this and this goes for ANYONE, if you truly want to change how the world works find and hold every individual accountable for their actions that are connected to the hypothetical laws and business empire they have created and yes it’s hypothetically, interpretation and perception of the laws is important... lawyers do it all the time... EVERYONE has a choice, the majority of Individuals “support” the system ONLY, because that’s all they’ve ever known.. since birth it gets ingrained into your head.
Psychology/reverse psychology and the mind is quite a powerful tool that can be easily manipulated, if you understand it that is...
But ultimately, you only have one life and it’s quite fucked to be living on the “Earth Prison” that the whole population is responsible for creating in today’s world. Like wtf? You can’t do anything anymore, fuck that! And yes, it’s equally everyone’s fault. The Elites for creating this “chaotic prison world” to further their plans that fit their needs only... and the rest of Earth’s general population who follows every word you say, like the good dogs they are. I’m sorry, but it’s true... and that’s why they should not be held accountable, unless of course someone “chooses” to take it into their own hands for whatever reason they have..I’m sure once the full truth is finally revealed many individuals will be shocked and very angry... who knows where that may lead, some won’t care, and others knew it was coming all along...
The golden rule, “Treat others, how you would want to be treated.”
The US constitution is unconstitutional. I stand by this.It does not define what it specifically means by “principle.” Aka it’s values. It merely states the individual principles as a whole aka “our bill of rights” and defines laws under them, but not once defines, what specific “principle” they ment... this means I can interpret it how I like, regardless of how many laws there are, bc they did not specify which definition of the word “principles” they meant. It can have several definitions and meanings, so how do I know how to properly interpret it? It doesn’t specify.... It’s all an “act” just like all the “bills” they write... What would the puppet show be without it right?
Listed below is how the hypothetically true “money/drug/sex-traffic/electricty, water, land, and other laundering businesses” are connected.
I have thought about this for a very long time, I have studied them, and put myself if their shoes...I try to be as fair as possible, though the families and companies listed below are all connected (marriage/2nd identity bc of incest and/or trying to hide, what the publicly traded companies really are [Fortune 500, for example] that everyone [general public] supports by working foin/or against the system.
Yes, some of these individuals are guilty of horrendous crimes including mass genocide, but that’s okay, I’ve decided, as long as they break their evil system down and convert it into a positive system that truly works in favor of the people instead of Exploiting the whole world and storing children and animals in shipping containers? Like wtf is that shit? Are you not ashamed of yourselves? Is greed worth it? A black soul and heart... I am the soul collector and I am coming for you! Neither good nor bad, I hear the screams I hear the prayers and the rituals, I hear the true desires...And yes, I am fully aware you know that I know... so here is my reply. And don’t get me wrong if anyone else has a valid reason as to how you harmed them,and they decide to come for you, remember it’s their choice and it was also your choice to harm them in whatever way...the golden rule, I say!
I hope whomever is part of this... I can teach you, to convert the negative into positive... I have many plans to share...
I understand the structure and something or someone will always be greater and it’s equal will always be the lesser. They are the same just a different perspective... The structure needs to be turned inside out and needs to be rearranged.
Everyone and Everything can easily be categorized. In simple terms this is what Algorithms are. I call it the chaotic pattern...The Alpha algorithm or what I’m assuming is the main quantum computer that combines the ALL separate individuals’ data on Earth (mini algorithm), information everyone freely gives out everyday without thinking twice about it, into a super algorithm that could potentially “predict” the future and make “plans” based on all this knowledge and data collected as to how humans behave, what they buy, live, etc.. into a nice chart that could potentially be followed...
I understand that most of were born into this pre-established family business and were breed to continue the traditions... it’s normal that’s just how it’s always been... That’s why your family is not necessarily guilty even though at the same time you are, bc you kept pushing the agenda knowing what was really happening behind the scenes.
I guess everyone part of your family or any of the associated business owned by many individuals are lucky that they are not stuck in shipping containers, sex trafficking, 🩸 Diamond mines, drugs, laundering, etc.... imagine being on the opposite end of the spectrum...
Why not use your power and money for the light good instead of the shadow of evil. Negative energy collects and feeds in ways that you don’t for-see.
I see the whole spectrum even the electro-magnetic frequency rays force behind it all. Adam the first living universal Atom spark that created the universes lives within me... I see everything on the spectrum. It’s a blessing and a curse. The  fibonacci curse and the curse of 3s... I see ALL the forms of 3s.
Below are questionable companies responsible for horrendous crimes and individuals who are connected to one another usually by marriage or birth... All the information below stems from different Wikipedia sites (sources). There are many more companies and people involved I did not mention. But I see you Simpsons, Burns, i see who Hitler really was it’s not like he is really someone’s father...🙃, Stewie, and so many others 🧐 I see you ALL!!!! Hello Rothschilds! I’ve studied your family tree extensively, I see all the different names used for the same people to hide the incest. You should be proud, without it, you could have never built this empire.
I would bet your whole kingdom that, I share your bloodline, I too am from Rheinland-Pfalz, marked the female bear born on the half moon 🌓 I truly miss it, but bc of your “vaccine plan” I probably will never be able to travel there again, since I do not trust a vaccine whose long-term effects are not known.
It’s not like the military gave my dad a shot that gave him progressive supranuclear palzy years later, he’s the youngest person to ever “get this disease” in the world...they studied him at Harvard. I don’t trust it. Why would I? It destroyed his life! From the bottom of my heart, whomever is responsible for giving all the soldiers shots containing different diseases in the 80s and early 90s, FUCK YOU! FUCK YOU! FUCK YOU! That’s why I hate the world system so much and refuse to support it.
———————————————————
Wikipedia states about Simon Inc./Ltd: "Simon Property Group, Inc. is an American commercial real estate company, one of the largest retail real estate investment trusts (REIT), and the largest shopping mall operator in the US.
The company operates five retail real estate platforms: regional malls, premium outlet centers, The Mills, community/lifestyle centers and international properties.
It owns or has an interest in more than 204 properties of gross leasable area in North America and Asia. The company is headquartered in Indianapolis, Indiana, and employs more than 5,000 people."
Simon Property Group, Inc. has served these: United States Canada Japan Mexico South Korea Malaysia Thailand
According to Wikipedia a: "Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income.
Commercial property includes: office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land, warehouses, and garages. In many states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.
Commercial buildings are buildings that are used for commercial purposes, and include: office buildings, warehouses, and retail buildings (e.g. convenience stores, 'big box' stores, and shopping malls). In urban locations, a commercial building may combine functions, such as offices on levels 2-10, with retail on floor 1."
Wikipedia states: "A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate."
++++++++++++++++++++++
Founders of Simon Inc.: Melvin Simon and Herbert Simon
• Simon Founder: Melvin Simon (October 21, 1926 – September 16, 2009) Spouse(s): Wife 1. Bess Meshulam born: née Meshulam-(divorced)
Wife 2. Bren Burns
Children: 5 including: 1. David E. Simon (with Bess) 2. Cindy Simon (with Bess) 3. Cowell Simon? 4.? 5.? Relatives:Paul Skjodt (son-in-law)
• Founder Melvins son: David E. Simon (born 1961/1962) is an American billionaire real estate developer, chairman and chief executive officer (CEO) of Indianapolis-based Simon Property Group, an S&P 500 company and the largest U.S. publicly traded real estate company. Net worth US$1.0 billion (2017) Spouse(s): Jacqueline Freed (1986) Children: 5 Relatives: Melvin Simon (Father) Paul Skjodt: (brother-in-law)
• Simon Founder; Herbert "Herb" Simon (born October 23, 1934) is an American real estate developer. Spouses: 3 Children: 10 --two with first wife --three with Meyer --two with Nakhirunkanok --three adopted children Parent(s): Max Simon Mae Simon Family: Melvin Simon (brother)
Wife 1: Shelia Simon 1. Sheila Simon (divorced)-2 kids including Stephen Howard Simon, founder of Simon Equity LLC, (married Catherine Garvey Simon)
Wife 2: Diane Meyer Simon (born Diane Irene Meyer). She is the former wife of Indiana real estate billionaire Herbert Simon. Diane Meyer (divorced)-3 kids. She was the political staffer for Senator Birch Bayh.
They have 3 kids: 1. Sarah Elisabeth Meyer Simon- an investor who lives in New York City
  1. Rachel Mariam Meyer Simon Stuart- is living in Indianapolis with her husband Hale Stuart and daughter Zara
  2. Asher Benjamin Meyer Simon.
Wife 3: He married to Bui Simon in 2002 (born Porntip Nakhirunkanok) in Thailand (February 7, 1969--51 years old) Children: 2?
Paul Skjodt (born June 28, 1958) is an American-Canadian businessman, and former ice hockey player.
In 1987, he married Cindy Simon, the daughter of Melvin Simon and Bess Simon. They have 3 children: 1. Erik 2. Samantha 3. Ian
Relatives: Melvin Simon (father-in-law) David Simon: (brother-in-law)
I'm pretty sure Cindy Simon is really Sara J. Bloomfield the director of the United States Holocaust Memorial Museum, since Cindy and her husband are the "founders."
Wikipedia states, "The Trump Organization is a group of about 500 business entities of which Donald Trump is the sole or principal owner. About 250 of these entities use the Trump name.
The organization was founded in 1923 by Donald Trump's grandmother, Elizabeth Christ Trump, and his father, Fred Trump, as E. Trump & Son. Donald Trump began leading it in 1971, renamed it around 1973, and handed off its leadership to his children in 2017.
The Trump Organization, through its various constituent companies and partnerships, has or has had interests in: real estate development, investing, brokerage, sales and marketing, and property management.
Trump Organization entities own, operate, invest in, and develop: residential real estate, hotels, resorts, residential towers, and golf courses in various countries.
They also operate or have operated in: construction, hospitality, casinos, entertainment, book and magazine publishing, broadcast media, model management, retail, financial services, food and beverages, business education, online travel, commercial and private aviation and beauty pageants.
Trump Organization entities also own the New York television production company that produced the reality television franchise The Apprentice.
Retail operations include or have included: fashion apparel, jewelry and accessories, books, home furnishings, lighting products, bath textiles and accessories, bedding, home fragrance products, small leather goods, vodka, wine, barware, steaks, chocolate bars, and bottled spring water."
Donald John Trump (born June 14, 1946) Children 5 with Spouse(s): 3
Wife 1: Ivana Zelníčková (m. 1977; div. 1992)​ was born on February 20, 1949, in the Moravian city of Zlín, Czech Republic (Gottwaldov, Czechoslovakia) and is the daughter of Miloš Zelníček (1927–1990) and Marie Zelníčková (née Francová).
Children: 3 1. Donald Trump Jr. 2. Ivanka Trump 3. Eric Trump
Wife 2: Marla Maples ​(m. 1993; div. 1999)​
Wife 3: Melania Knauss ​(m. 2005)​
Parents of Trump: Fred Trump Mary Anne MacLeod
••••••••••••••••••••••••••••••••••••••••••••
Amschel Moses Rothschild was born in about 1710. He was a German Jewish silk trader and money changer in the Judengasse (Jewstreet) in Frankfurt. Around 1743 he placed a red hexagram sign (which numerically and geometrically convert into the number 666) above the entrance of his door. His house was also red in color.
Within two centuries, the Rothschild, instructed this hexagram sign to be made part of the Israeli flag 🇮🇱. He had 8 children with Schönche Lechnich, one of his sons, Mayer Amschel Rothschild (1744-1812), is the founder of the Rothschild banking dynasty. He marries Guttle SchnappeSchönche Lechnich (Rothschild) in 1770, and they have 10 children together.
In 1776, Mayer Amschel Rothschild creates the Illuminati and hands over the organizations development to Adam Weishaupt. Weishaupt sneaks in the Continental Order of Freemasons with this Illuminati doctrine. This doctrine claims a new order for the human race under the dictatorship of Satan and his supporters. This view is accepted and spread like a wildfire and is pursued in Masonic Lodges worldwide to this day.
In 1777, Nathan Mayer Rothschild is born, who is followed by Kalmann (Carl) Mayer Rothschild/Carl Mayer Freiherr von Rothschild in 1788. Carl is the founder of the Rothschild banking family of Naples. He had child named Adolf Carl....
Edmond James de Rothschild (Baron Abraham Edmond Benjamin James de Rothschild) has a son named Maurice de Rothschild. (Notice the name “Baron”...).
Adolf Hitler is really Maurice de Rothschild with fake beard and hair piece and carries out his father’s (Edmond James de Rothschild) work. Since the war caused a sugar shortage, Maurice would have also been the candy man aka Willy Wonka with his Cain top hat 🎩
Adolf HitleMaurice de Rothschild also has another name, which I believe to be Fred Trump, making trump his son... The pictures look to comparable... Anne (Anna), Mary, Maria, and Christ seems to be a shared motherly name between the Rothschild family history, Trumps, and Hitler.... (if you look up hitlers mom, it’s clearly a fake-photoshopped image). Also notice Trump’s youngest son is named “Barren.”
One must remember it is very easy to put misinformation out there, that includes changing names/birthdays/ and “events” that happened in their lives. Usually the birthdays are around the same years or don’t fully mention the full birthday for one individual, a lot of names also seem to repeat, which could be considered another clue towards the truth.
🎠🎠🎠🎠🎠🎠🎠🎠🎠🎠🎠🎠🎠🎠
Baron Abraham Edmond Benjamin James de Rothschild (19 August 1845 – 2 November 1934) was a French member of the Rothschild banking family. A strong supporter of Zionism, his large donations lent significant support to the movement during its early years, which helped lead to the establishment of the State of Israel, where he is simply known as "the baron Rothschild".
Nationality: French Spouse(s): Adelheid von Rothschild (m. 1877)​ Children: 3 1. James Armand de Rothschild 2. Maurice de Rothschild 3. Alexandrine de Rothschild
++++++++++++++++++++++++++++++
“Maurice Edmond Karl de Rothschild (19 May 1881 – 4 September 1957) was a French art collector, vineyard owner, financier and politician. He was born into the Rothschild banking family of France.”
Spouse(s): Noémie Halphen ​(m. 1909)​ Children : Edmond Adolphe de Rothschild (b. 1926)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
“Edmond Adolphe Maurice Jules Jacques de Rothschild or Baron Edmond de Rothschild (born 30 September 1926 in Paris, France – deceased 2 November 1997 in Geneva, Switzerland) was a French-Swiss banker, the founder of the Edmond de Rothschild Group in 1953. His investments extended to vineyards, yacht racing, farming and hospitality.”
Spouse(s): 1. Veselinka Vladova Gueorguieva ​(m. 1958⁠–⁠1960)​ (1 child—Trump?!?) 2. Nadine de Rothschild (m. 1963)​ (Trump’s sister ?) Children: Benjamin de Rothschild (b. 1963)
🗽🗽🗽🗽🗽🗽🗽🗽🗽🗽🗽🗽🗽🗽
The pictures are linked below and in the comments, due to this being reddit I can’t show all the pics or the potential routes.
https://imgur.com/gallery/ViO5cEL
As Lil Wayne said, —“I am ill not sick
Nobody gives you a chance, you gotta take chances Your family tree, I will break branches Cause I don't give a fuck, I put the ass in assassin Smoke you like a blunt then it's ashes to ashes The future is born, put the past in the casket If real shit is dead then nigga I'm a bastard Uh, appetite for disaster I want a full plate then another plate after
Gorillas in suits The holy war, the spiritual troops Fighting over the mythical truth Drowning in the political soup They shoot missiles and nukes Taking out such a pivotal group The body count is the physical proof And they thought drugs were killing the youth (ha, ha, ha, ha) Thank you, Thank you all
I am president Carter”
submitted by CatEyes420 to conspiracy [link] [comments]

Timeline of Trump's Russia Connections from KGB Cultivation to United State President

Timeline of Trump's Russia Connections from KGB Cultivation to United State President
The Russia Mafia is part and parcel of Russian intelligence. Russia is a mafia state. That is not a metaphor. Putin is head of the Mafia. So the fact that they have deep ties to Donald Trump is deeply disturbing. Trump conducted FIVE completely private meetings and conferences with Putin, and has gone to great lengths to prevent literally anyone, even people in his administration, from learning what was discussed.
According to an ex-KGB spy...Russia has been cultivating Trump as an asset for 40 years.
Trump was first compromised by the Russians in the 80s. In 1984, the Russian Mafia began to use Trump real estate to launder money.
In 1984, David Bogatin — a convicted Russian mobster and close ally of Semion Mogilevich, a major Russian mob boss — met with Trump in Trump Tower right after it opened. Bogatin bought five condos from Trump at that meeting. Those condos were later seized by the government, which claimed they were used to launder money for the Russian mob.
“During the ’80s and ’90s, we in the U.S. government repeatedly saw a pattern by which criminals would use condos and high-rises to launder money,” says Jonathan Winer, a deputy assistant secretary of state for international law enforcement in the Clinton administration. “It didn’t matter that you paid too much, because the real estate values would rise, and it was a way of turning dirty money into clean money. It was done very systematically, and it explained why there are so many high-rises where the units were sold but no one is living in them.”
When Trump Tower was built, as David Cay Johnston reports in The Making of Donald Trump, it was only the second high-rise in New York that accepted anonymous buyers.
In 1987, the Soviet ambassador to the United Nations, Yuri Dubinin, arranged for Trump and his then-wife, Ivana, to enjoy an all-expense-paid trip to Moscow to consider business prospects.
A short while later he made his first call for the dismantling of the NATO alliance. Which would benefit Russia.
At the beginning of 1990 Donald Trump owed a combined $4 billion to more than 70 banks, with $800 million personally guaranteed by his own assets, according to Alan Pomerantz, a lawyer whose team led negotiations between Trump and 72 banks to restructure Trump’s loans. Pomerantz was hired by Citibank.
Interview with Pomerantz
Trump agreed to pay the bond lenders 14% interest, roughly 50% more than he had projected, to raise $675 million. It was the biggest gamble of his career. Trump could not keep pace with his debts. Six months later, the Taj defaulted on interest payments to bondholders as his finances went into a tailspin.
In July 1991, Trump’s Taj Mahal filed for bankruptcy.
So he bankrupted a casino? What about Ru...
The Trump Taj Mahal casino broke anti-money laundering rules 106 times in its first year and a half of operation in the early 1990s, according to the IRS in a 1998 settlement agreement.
The casino repeatedly failed to properly report gamblers who cashed out $10,000 or more in a single day, the government said."The violations date back to a time when the Taj Mahal was the preferred gambling spot for Russian mobsters living in Brooklyn, according to federal investigators who tracked organized crime in New York City. They also occurred at a time when the Taj Mahal casino was short on cash and on the verge of bankruptcy."
....ssia
So by the mid 1990s Trump was then at a low point of his career. He defaulted on his debts to a number of large Wall Street banks and was overleveraged. Two of his businesses had declared bankruptcy, the Trump Taj Mahal Casino in Atlantic City and the Plaza Hotel in New York, and the money pit that was the Trump Shuttle went out of business in 1992. Trump companies would ultimately declare Chapter 11 bankruptcy two more times.
Trump was $4 billion in debt after his Atlantic City casinos went bankrupt. No U.S. bank would touch him. Then foreign money began flowing in through Deutsche Bank.
The extremely controversial Deutsche Bank. The Nazi financing, Auschwitz building, law violating, customer misleading, international currency markets manipulating, interest rate rigging, Iran & others sanctions violating, Russian money laundering, salvation of Donald J. Trump.
The agreeing to a $7.2 billion settlement with with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities and causing the 2008 financial crisis bank.
The appears to have facilitated more than half of the $2 trillion of suspicious transactions that were flagged to the U.S. government over nearly two decades bank.
The embroiled in a $20b money-laundering operation, dubbed the Global Laundromat. The launders money for Russian criminals with links to the Kremlin, the old KGB and its main successor, the FSB bank.
That bank.
Three minute video detailing Trump's debts and relationship with Deutsche Bank
In 1998, Russia defaulted on $40 billion in debt, causing the ruble to plummet and Russian banks to close. The ensuing financial panic sent the country’s oligarchs and mobsters scrambling to find a safe place to put their money. That October, just two months after the Russian economy went into a tailspin, Trump broke ground on his biggest project yet.
Directly across the street from the United Nations building.
Russian Linked-Deutsche Bank arranged to lend hundreds of millions of dollars to finance Trump’s construction of a skyscraper next to the United Nations.
Construction got underway in 1999.
Units on the tower’s priciest floors were quickly snatched up by individual buyers from the former Soviet Union, or by limited liability companies connected to Russia. “We had big buyers from Russia and Ukraine and Kazakhstan,” sales agent Debra Stotts told Bloomberg. After Trump World Tower opened, Sotheby’s International Realty teamed up with a Russian real estate company to make a big sales push for the property in Russia. The “tower full of oligarchs,” as Bloomberg called it, became a model for Trump’s projects going forward. All he needed to do, it seemed, was slap the Trump name on a big building, and high-dollar customers from Russia and the former Soviet republics were guaranteed to come rushing in.
New York City real estate broker Dolly Lenz told USA TODAY she sold about 65 condos in Trump World at 845 U.N. Plaza in Manhattan to Russian investors, many of whom sought personal meetings with Trump for his business expertise.
“I had contacts in Moscow looking to invest in the United States,” Lenz said. “They all wanted to meet Donald. They became very friendly.”Lots of Russian and Eastern European Friends. Investing lots of money. And not only in New York.
Miami is known as a hotspot of the ultra-wealthy looking to launder their money from overseas. Thousands of Russians have moved to Sunny Isles. Hundreds of ultra-wealthy former Soviet citizens bought Trump properties in South Florida. People with really disturbing histories investing millions and millions of dollars. Igor Zorin offers a story with all the weirdness modern Miami has to offer: Russian cash, a motorcycle club named after Russia’s powerful special forces and a condo tower branded by Donald Trump.
Thanks to its heavy Russian presence, Sunny Isles has acquired the nickname “Little Moscow.”
From an interview with a Miami based Siberian-born realtor... “Miami is a brand,” she told me as we sat on a sofa in the building’s huge foyer. “People from all over the world want property here.” Developers were only putting up luxury properties because they “know that the crisis has not affected people with money,”
Most of her clients are Russian—there are now three direct flights per week between Moscow and Miami—and increasing numbers are moving to Florida after spending a few years in London first. “It’s a money center, and it’s a lot easier to get your money there than directly to the US, because of laws and tax issues,” she said. “But after your money has been in London for a while, you can move it to other places more easily.”
In the 2000s, Trump turned to licensing deals and trademarks, collecting a fee from other companies using the Trump name. This has allowed Trump to distance himself from properties or projects that have failed or encountered legal trouble and provided a convenient workaround to help launch projects, especially in Russia and former Soviet states, which bear Trump’s name but otherwise little relation to his general business.
Enter Bayrock Group, a development company and key Trump real estate partner during the 2000s. Bayrock partnered with Trump in 2005 and invested an incredible amount of money into the Trump organization under the legal guise of licensing his name and property management. Bayrock was run by two investors:
Felix Sater, a Russian-born mobster who served a year in prison for stabbing a man in the face with a margarita glass during a bar fight, pleaded guilty to racketeering as part of a mafia-driven "pump-and-dump" stock fraud and then escaped jail time by becoming a highly valued government informant. He was an important figure at Bayrock, notably with the Trump SoHo hotel-condominium in New York City, and has said under oath that he represented Trump in Russia and subsequently billed himself as a senior Trump advisor, with an office in Trump Tower. He is a convict who became a govt cooperator for the FBI and other agencies. He grew up with Micahel Cohen --Trump's disbarred former "fixer" attorney. Cohen's family owned El Caribe, which was a mob hangout for the Russian Mafia in Brooklyn. Cohen had ties to Ukrainian oligarchs through his in-laws and his brother's in-laws. Felix Sater's father had ties to the Russian mob.
Tevfik Arif, a Kazakhstan-born former "Soviet official" who drew on bottomless sources of money from the former Soviet republic. Arif graduated from the Moscow Institute of Trade and Economics and worked as a Soviet trade and commerce official for 17 years before moving to New York and founding Bayrock. In 2002, after meeting Trump, he moved Bayrock’s offices to Trump Tower, where he and his staff of Russian émigrés set up shop on the twenty-fourth floor.
Arif was offering him a 20 to 25 percent cut on his overseas projects, he said, not to mention management fees. Trump said in the deposition that Bayrock’s Tevfik Arif “brought the people up from Moscow to meet with me,”and that he was teaming with Bayrock on other planned ventures in Moscow. The only Russians who are likely have the resources and political connections to sponsor such ambitious international deals are the corrupt oligarchs.
In 2005, Trump told The Miami Herald “The name has brought a cachet to certain areas that wouldn’t have had it,” Dezer said Trump’s name put Sunny Isles Beach on the map as a classy destination — and the Trump-branded condo units sold “10 to 20 percent higher than any of our competitors, and at a faster pace.”“We didn’t have any foreclosures or anything, despite the crisis.”
In a 2007 deposition that was part of his unsuccessful defamation lawsuit against reporter Timothy O’Brien Trump testified "that Bayrock was working their international contacts to complete Trump/Bayrock deals in Russia, Ukraine, and Poland. He testified that “Bayrock knew the investors” and that “this was going to be the Trump International Hotel and Tower in Moscow, Kiev, Istanbul, et cetera, and Warsaw, Poland.”
In 2008, Donald Trump Jr. gave the following statement to the “Bridging U.S. and Emerging Markets Real Estate” conference in Manhattan: “[I]n terms of high-end product influx into the United States, Russians make up a pretty disproportionate cross-section of a lot of our assets; say in Dubai, and certainly with our project in SoHo and anywhere in New York. We see a lot of money pouring in from Russia.”
In July 2008, Trump sold a mansion in Palm Beach for $95 million to Dmitry Rybolovlev, a Russian oligarch. Trump had purchased it four years earlier for $41.35 million. The sale price was nearly $54 million more than Trump had paid for the property. This was the height of the recession when all other property had plummeted in value. Must be nice to have so many Russian oligarchs interested in giving you money.
In 2013, Trump went to Russia for the Miss Universe pageant “financed in part by the development company of a Russian billionaire Aras Agalarov.… a Putin ally who is sometimes called the ‘Trump of Russia’ because of his tendency to put his own name on his buildings.” He met with many oligarchs. Timeline of events. Flight records show how long he was there.
Video interview in Moscow where Trump says "...China wanted it this year. And Russia wanted it very badly." I bet they did.
Also in 2013, Federal agents busted an “ultraexclusive, high-stakes, illegal poker ring” run by Russian gangsters out of Trump Tower. They operated card games, illegal gambling websites, and a global sports book and laundered more than $100 million. A condo directly below one owned by Trump reportedly served as HQ for a “sophisticated money-laundering scheme” connected to Semion Mogilevich.
In 2014, Eric Trump told golf reporter James Dodson that the Trump Organization was able to expand during the financial crisis because “We don’t rely on American banks. We have all the funding we need out of Russia. I said, 'Really?' And he said, 'Oh, yeah. We’ve got some guys that really, really love golf, and they’re really invested in our programmes. We just go there all the time.’”
A 2015 racketeering case against Bayrock, Sater, and Arif, and others, alleged that: “for most of its existence it [Bayrock] was substantially and covertly mob-owned and operated,” engaging “in a pattern of continuous, related crimes, including mail, wire, and bank fraud; tax evasion; money laundering; conspiracy; bribery; extortion; and embezzlement.” Although the lawsuit does not allege complicity by Trump, it claims that Bayrock exploited its joint ventures with Trump as a conduit for laundering money and evading taxes. The lawsuit cites as a “Concrete example of their crime, Trump SoHo, [which] stands 454 feet tall at Spring and Varick, where it also stands monument to spectacularly corrupt money-laundering and tax evasion.”
In 2016, the Trump Presidential Campaign was helped by Russia.
(I don't have the presidential term sourced yet. I'll post an update when I do. I'm sure you probably remember most of them...sigh. TY to the main posters here. Obviously I'm standing on your shoulders having taken a lot of the information or articles from here).
submitted by TruthToPower77 to LincolnProject [link] [comments]

casino business wikipedia video

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