SPORTSBALL: Referee Angelica Suffren is no fan of Caitlin Clark but knowing that she watched the attack on Clark without saying a word is pure evil. The WNBA needs to terminate her before someone really gets hurt.
h/t @coachandere6xa
🚨Actor Kelsey Grammer just revealed President Trump asked him how his 8 children are doing during their meeting yesterday.
"[Trump] is... charming & all of the things you'd want your president to be."
Trump doesn't get enough credit for how kind he is.
Imagine your family worked for a generation to save enough money to buy a brownstone occupied with rent stabilized tenants on the Upper West Side. The family financed the purchase with a mortgage from a bank based on the premise that rents and cash flow would at least keep pace with inflation so you could pay interest and principal on the mortgage and hopefully have some cash flow left as a return on your investment.
While you had rent stabilized tenants, you were led to believe that the NYC Rent Guidelines Board would be required to adjudicate rental increases each year by taking a measure of the inflation of costs to own and operate a building and setting rental increases appropriately.
You believed the RGB would do its job as the board is comprised of two representatives each for landlords and tenants and five independent representatives that represent the general public.
Now, a new mayor @NYCMayor Mamdani is elected on the promise of freezing rents. There are about two million rent stabilized renters that benefit if rents are frozen so by promising frozen rents the new candidate for mayor buys votes and wins the election.
The new mayor achieves his objective by stacking the RGB with directors who do not follow their obligations and simply vote for a rent freeze as a preordained conclusion as evidenced by the statements of an RGB director who resigned in protest for this very reason.
Meanwhile, inflation in NYC is rampant in utilities, real estate taxes, insurance, repairs and maintenance, etc. and now your rents are frozen. Real estate is a high operating leverage business which means that frozen rents and inflating expenses will cause property cash flows to plummet and your after debt service cash flow to go negative.
I expect therefore there will be hundreds if not thousands of small NYC property owners who are now or will shortly be underwater on their mortgages, and without any cash flow to maintain their assets.
If you remember the images of the South Bronx burning in the mid 1970s, you can viscerally understand what is happening to small NYC real estate owners.
While the rent freeze appears to be short-term good news (long term it will lead to poorly maintained apartments) for 2 million NYC renters, it is bad news for the 2 million or more renters in the 1 million market rate apartments in the City because a landlord-hostile market is not likely to add meaningfully more supply and market rents will likely continue to escalate at a high rate.
All of this seems quite unfair and wrong unless I missing something?
Why am I wrong?
For disclosure: I do not own any NYC rental apartments.
🧵Are you tired of winning yet?
Trump just scored huge victories: the biggest trade deal in history with the EU, a Lebanon-Israel peace deal, and more.
The world is being reordered in America’s favor — and it’s only getting better.
🧵
There is no Civil War in the Democrat Party
The Socialist takeover has already occurred. It was a peaceful and voluntary transition of power.
We are not fooled by self-described “moderate” Democrats because we know there is no such thing.
https://t.co/3TcWthUv9H
🚨 IF KING CHARLES HAS BROKEN HIS CORONATION OATH... WHAT DOES THAT MEAN FOR THE MONARCHY?
A Coronation Oath is not merely symbolic.
It is a solemn promise made before God, the Constitution and the British people.
If a monarch departs from that oath, does it weaken the moral authority of the Crown?
Does it alter the relationship between Sovereign and nation?
And if the oath can be reinterpreted or set aside, what remains of the constitutional foundations upon which the monarchy rests?
These are questions Britain cannot avoid forever.
🚨 HAS KING CHARLES ABANDONED HIS CORONATION OATH?
Rev. Chris Wickland believes he has.
His latest message is one of the strongest criticisms yet of the King's vision for a "multi-faith" monarchy and what it means for Britain's future.
Watch the full argument and decide for yourself
@revwickland
https://t.co/Wrh9R5WhLP
🇫🇷 France is baking in the heat.
People are begging for air conditioning.
The Environment Minister is "horrified" by the requests because... climate change.
Her own ministry, of course, has AC running just fine.
Europe’s green agenda in action: you suffer, we don’t.
Writer: Sol
Deep Throat was actually the Deputy FBI Director who leaked to WaPo on Nixon because he was mad about being passed over for Director after Hoover retired. It was a palace coup
22 States are blocking the Trump Admin from inspecting SNAP.
All 22 have Dem governors.
All 22 know there is massive SNAP fraud in their states.
Dems protect fraud because fraud is how the Dems gain power.
And stay in power.
Simple.
In the wake of America’s Iran strikes, Ro Khanna @RoKhanna is attempting to strip President Trump’s war powers again.
We told you that Ro Khanna and the elected Democrats hate America.
The questions @TheCharlesDowns asks are very important.
🚨 OMG. Spencer Pratt drops bombshell: Los Angeles’ largest homelessness NGO now faces a federal investigation and a court has officially BLOCKED their move to dismiss the fraud claims
Weingart NGO is one of the Democrat FRAUD HUBS, they raked in DOUBLE what it would normally cost for a housing project
Pratt called it!
“Karen Bass and Nithya Raman laundered YOUR tax dollars through the Weingart NGO to pay 2x cost on a homeless housing project from a scammer middleman; a $16M flip, for a dubious homeless project, all while evicting the seniors who lived there.”
He previously NAILED IT:
“[Bass and Newsom are] both complicit in LAUNDERING $24 billion to INCREASE homelessness…They both should be in JAIL TOGETHER!"